MRI System Market Rising Trends, Growth Rate, and Comprehensive Research Report, 2022

CITY, Country, 2020-Jun-25 — /EPR Network/ —

Global MRI system market is anticipated to witness an exponential growth in the forecast period. Magnetic resonance imaging (MRI) is an integrated healthcare system. It is used for capturing images of inner parts of the body. These images are formed by MRI scanners using high power magnets, strong magnetic fields, magnetic field, and radio waves gradients.

Factors such as increasing use of MRI in diagnosing diseases in their initial stages, non-invasive nature and increasing inclination, MRI systems produce improved images with more contrast as compared to conventional imaging techniques, and rising awareness among the population are likely to drive the market in the forthcoming period.

On the other hand, high price and a shortage of liquid helium are anticipated to hinder the Magnetic Resonance Imaging (MRI) systems market growth in the future. However, growing technological advancements are likely to create lucrative opportunities for the market. The market is anticipated to expand at a significant CAGR in the upcoming period as the scope, product types, and its applications are increasing across the globe.

Key Players:
• GE Healthcare
• Philips Healthcare
• Siemens Healthineers
• Canon
• Advanced Imaging Research
• Biophan Technologies
• Bruker
• Esaote
• Fonar
• Hitachi Medical Systems
• Mindray
• Neusoft
• Ningbo Jansen NMR Technology

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MRI System market is segmented by type, field strength, application, and geography. The market is segmented by type as open MRI systems and closed MRI systems. The “closed” segment accounts for a prominent share in the market. It is likely to witness substantial growth in the years to come. The key factors that could be attributed to the growth of the market include increasing demand and patient-friendly design that accommodates larger patients.

Based on field strength, the Magnetic Resonance Imaging (MRI) systems market is segmented by very high-field MRI, ultra-high-field MRI, High-field MRI, and low-to-mid-field-MRI. The “very high-field MRI” segment accounts for a major share in the market. The key factor that could be attributed to the growth of market includes surge in acceptance of MRI systems in clinics, hospitals, and diagnostic centers. The key applications are segmented in the market include Pelvic and Abdominal MRI, Brain and neurological MRI, Spine and musculoskeletal MRI, Vascular MRI, Cardiac MRI, and Breast MRI.

North America is a leading region in the market. It is likely to maintain its dominance in the forecast period owing to factors such as high healthcare spending, and advanced healthcare facilities and the rising aged population in the North American region. North America is followed by the Asia-Pacific region owing to an increase in the geriatric population, the rise in incidence rates of sport and other injuries.

Market Segment:

Key Products
• Open MRI system
• Closed MRI system

Key Regions
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America

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Report contents include
• Analysis of the market including revenues, future growth, market outlook
• Historical data and forecast
• Regional analysis including growth estimates
• Analyzes the end user markets including growth estimates.
• Profiles including products, sales/revenues, and market position
• Market structure, market drivers and restraints.