The MRI trade players decide to develop efficient solutions and tools for economical higher cognitive process and choosing effective treatment choices for treatment (Current Year Statistic Will Be Provided in Report).
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Global MRI Devices Market accounted to USD XX.XX million in 2017 growing at a CAGR of XX.XX% during the forecast period of 2018 to 2025, Globally. Magnetic resonance imaging market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025. The magnetic resonance imaging (MRI) devices market is highly fragmented and is based on new product launches and clinical results of products. Some of the major players operating in magnetic resonance imaging (MRI) devices market are
- Hitachi Ltd.
- Siemens Healthcare
- Toshiba Medical Systems Corporation
- GE Healthcare
- Philips Healthcare
- Bruker Corporation
- Aurora Imaging Technology, Inc.
- Esaote S.P.A
- Fonar Corporation
- Neusoft Medical Systems Co., Ltd.
The major players in MRI devices market have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of magnetic resonance imaging (MRI) devices market for global, Europe, North America, Asia Pacific and South America.
Magnetic resonance imaging devices are used in imaging diagnosis to record images of the internal structures of the body using magnetic fields and radio waves. MRI devices produce 3D anatomical images and are used for detection and diagnosis of diseases and monitoring the treatment. Magnetic resonance imaging devices are has its applications in examining brain, spine, joints (e.g., knee, shoulder, hip, wrist, and ankle), abdomen, pelvic region, breast, blood vessels, heart and other body parts.
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Focus of the report:
The report focuses to provide all the insights of the MRI market along with all CAGR values and the market shares analysis of all the players in the market. The report is a vital piece of information on the market which explains all the competitive landscape and all the segments in the market while analyzing and forecasting the MRI market for the coming years. The report also provides all details in terms of recent developments in the market and all the manufacturers.
By architecture the market for magnetic resonance imaging devices is segmented into
- Closed MRI System
- Open MRI System
By field strength the magnetic resonance imaging devices market is segmented into
- Low field MRI system (1.5T),
- High field MRI system,
- Very high field MRI system (4T to 6T),
- Ultra high field MRI system (>7T).
High Field MRI system is further segmented into
- 5T MRI system
- 3T MRI system
On the basis of end-users the magnetic resonance imaging devices market is segmented into
- brain & neurological
- spine & musculoskeletal
- pelvic and abdominal
- cardiac and others.
On the basis of geography, magnetic resonance imaging (MRI) devices market report covers data points for 28 countries across multiple geographies such as North America & South America, Europe, Asia-Pacific, and Middle East & Africa.
Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.
North America is expected to dominate the market.
Major Market Drivers and Restraints:
- Increasing incidences of chronic diseases
- Increasing awareness and importance for minimally invasive surgical procedures
- Growing applications in neurology and cancer screening tests
- Inadequate Reimbursement Policies
- High costs for MRI examinations
- Increased competition from cost-effective imaging modules
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