According to a new report published by Reports Monitortitled, “Magnetic Resonance Imaging (MRI) System Market By Architecture & Field Strength: Global Opportunity Analysis and Industry Forecast, 2017–2025,” the Magnetic Resonance Imaging (MRI) system market was valued at XX million in 2016, and is projected to reach at XX million by 2025, growing at a CAGR of XX% from 2017 to 2025.
In September 2016, GE Healthcare introduced new software named MAGiC (Magnetic resonance image Compilation). It is the first MRI contrast technique which delivers eight contrasts in a single acquisition fraction of time.
Increasing awareness about various degenerative diseases in elder population across the globe creates severe impact and expected to drive the MRI system market. Further, change in lifestyle, lack of exercise, and consumption of injurious substances are the reasons for harmful chronic diseases such as, cancer, liver & kidney disorders, and heart attacks. These disorders fuel up the growth of MRI system market. Moreover, rapid advancement in technologies used in MRI machineries and software are anticipated to create better opportunities for MRI systems in upcoming years.
However, insufficiency of skilled professionals for machine handling as well as high costing of these machineries hinders the market growth of MRI system.
This report presents a detailed evaluation of Magnetic Resonance Imaging (MRI) system, which incorporates current industry situations such as market size, growth and demands, market outlook, major players with their key strategies which include investment, mergers and acquisitions, value chain analysis and porter’s evaluation. It covers the marketplace canvas and the boom opportunities in the coming years. The report has been made with an in-depth analysis along with vital inputs from the various industry professionals. The research is accomplished with both extensive primary and secondary data resources supported with either bottom up or top down approach.
The major growth factors for MRI system market in North American region are increasing usage of MRI system due to consistent technical advancement, high availability of elderly population, and supportive health policies in U.S. and Canada countries. However, continuous rise in demand for MRI system and massive number of severe health disorders affected population in Asia-Pacific region countries such as, China, India, Japan, North Korea and Middle East countries.
Key Question Answered:
• What will be the market size in 2025 and at what rate it will grow?
• What trends, barriers, challenges are influencing its growth?
• Who are the major key players in global Magnetic Resonance Imaging (MRI) system market and what are their strategies?
• Which vertical industry is expected to show major growth?
• What segment and region will lead the market and why?
The major companies profiled in the report include: GE Healthcare, Siemens Healthcare, Philips Healthcare, Hitachi Medical Corporation, Toshiba Medical Systems Corporation, Shimadzu Corp, Carestream Health, Hologic Barco, and Nordion Inc.
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