Press release
What's driving the Magnetic Resonance Imaging Systems Market trends? GE Healthcare, Siemens AG, Koninklijke Philips N.V., Hitachi Medical Systems, Toshiba Corporation, Business overview, Aurora Imaging Technologies Inc., Esaote SpA, Sanrad Medical Systems
Magnetic Resonance Imaging Systems Market
Magnetic Resonance Imaging (MRI) Systems Market will exceed USD 8 billion by 2025; as per a new research report. Rising geriatric population globally will drive MRI market growth during analysis period. Elderly population base is susceptible to chronic conditions such as cardiovascular diseases, orthopedic diseases, cancer and degenerative diseases. Thus, demand for MRI scanners is high as it provides accurate diagnosis for these chronic conditions.
Request a sample of this premium report at https://www.marketstudyreport.com/request-a-sample/668599?utm_source=openpr.com&utm_medium=Abhijeet
Additionally, MRI scanners enable exclusive classification of musculoskeletal diseases. Therefore, to reduce future complications, healthcare professionals adopt technologically upgraded MRI scanners for patients requiring critical diagnosis.
Prominent competitive players operational in the MRI market are Hitachi, Toshiba and Siemens, Koninklijke Philips N.V. and GE Healthcare. These industry players follow different strategies such as collaborations and new product launch, partnerships for improving their market position. For instance, in 2017, GE Healthcare launched SIGNA Premier 70cm that has high resolution imaging quality. Introduction of new MRI system has broadened the companys portfolio.
Technological advancements integrated in the MRI systems will boost industry growth in forth coming years. Hospitals and clinics are adopting upgraded MRI systems, as these systems provide .surgeons with accurate diagnosis. It provides 3D view of joints and organs. Adoption of MRI systems will increase as it helps the doctors and physicians to make better decisions based on accurate analysis. However, high cost of MRI systems may hamper the market growth to some extent.
Closed systems segment held 97% revenue share in 2018 and it will witness enormous growth during the upcoming years due to its extensive usage in diagnosis of orthopedic disorders. Closed systems consist of super conducting magnets that provides high-resolution images. Moreover, physicians prefer this type of system for diagnosing as it gives access to areas of the body that are not inaccessible through conventional scanning devices. Aforementioned factors will positively influence the demand for closed systems thereby, driving segmental growth.
High to Ultra High (>1.5T) segment will grow at 6.4% over the forecast timeframe owing to high resolution images provided by these MRI scanners. According to American journal of neurology, 7T systems demonstrates more accurate images of white matter lesions in multiple sclerosis diagnosis as compared to 1.5T. These features help healthcare professionals to arrive at accurate conclusions that propels its preference.
Hospital segment was valued around 3 billion in 2018. Segmental growth can be associated with increasing government initiatives for developing healthcare infrastructure in developed as well as developing economies. Government funded hospitals can adopt the expensive MRI systems. Furthermore, rising prevalence of cancer, multiple sclerosis and cardiovascular diseases that needs pre diagnostic tests will increase demand for MRI systems in hospitals thus, escalating segmental growth.
Asia Pacific region will witness significant growth of 7.9% throughout the forecast timeframe. Rising incidences of chronic obstructive pulmonary disease in this region have encouraged companies manufacturing MRI systems to take initiatives for spreading awareness regarding early disease diagnosis. Thus, increasing awareness regarding early diagnosis of chronic diseases amongst people in emerging countries such as India and China will prove beneficial for regional market growth.
Request a discount on standard prices of this premium report at https://www.marketstudyreport.com/check-for-discount/668599?utm_source=openpr.com&utm_medium=Abhijeet
Report Content
Chapter 1. Methodology
Chapter 2. Executive Summary
Chapter 3. Magnetic Resonance Imaging (MRI) Systems Industry Insights
Chapter 4. Magnetic Resonance Imaging (MRI) Systems Market, By Architecture
Chapter 5. Magnetic Resonance Imaging (MRI) Systems Market, By Field Strength
Chapter 6. Magnetic Resonance Imaging (MRI) Systems Market, By End-use
Chapter 7. Magnetic Resonance Imaging (MRI) Systems Market, By Region
Chapter 8. Company Profiles
8.1. GE Healthcare
8.2. Siemens AG
8.3. Koninklijke Philips N.V.
8.4. Hitachi Medical Systems
8.5. Toshiba Corporation
8.5.1. Business overview
8.6. Aurora Imaging Technologies Inc.
8.7. Esaote SpA
8.8. Sanrad Medical Systems Pvt. Ltd.
8.9. Fonar Corporation
8.10. Neusoft Medical Systems Co.
before taking a buying decision on this premium report https://www.marketstudyreport.com/enquiry-before-buying/668599?utm_source=openpr.com&utm_medium=Abhijeet
About Us:
Marketstudyreport.com allows you to manage and control all corporate research purchases to consolidate billing and vendor management. You can eliminate duplicate purchases and customize your content and license management.
Contact Us:
Market Study Report LLC
4 North Main Street,
Selbyville, Delaware 19975
USA
Phone: 1-302-273-0910
US Toll Free: 1-866-764-2150
Email: sales@marketstudyreport.com
Website: https://www.marketstudyreport.com
Blog: https://www.marketstudyreport.com/blog
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release What's driving the Magnetic Resonance Imaging Systems Market trends? GE Healthcare, Siemens AG, Koninklijke Philips N.V., Hitachi Medical Systems, Toshiba Corporation, Business overview, Aurora Imaging Technologies Inc., Esaote SpA, Sanrad Medical Systems here
News-ID: 1761364 • Views: …
More Releases from marketstudyreport.com
Load Bank Market Growth Prospectus by 2028 - Business Opportunities by ASCO Powe …
A concise assortment of data on the 'Load Bank Market' offers an exhaustive study targeting current market trends influencing the business across assorted regions. Significant details related to market size, market share, applications, and statistics are put together to convey an ensemble prediction of the industry. The research further focuses on comprehensive competitor analysis in addition to highlighting growth strategies embraced by market leaders.
Load Bank Market Size was estimated…
Agriculture Equipment Market is Expected to Reach USD 161640 Million by 2028 - J …
Global Agriculture Equipment Market with respect to the pivotal drivers influencing the revenue graph of this business sphere. The current trends of the market with the geographical landscape, demand, remuneration scale, and growth of this vertical have also been included in this report.
Global Agriculture Equipment Market Size was estimated at USD 114110 million in 2021 and is projected to reach USD 161640 million by 2028, exhibiting a CAGR of…
Electric Vehicle Market Size to grow at a CAGR of 23.5% through 2028| Tesla Inc. …
Global Electric Vehicle Market with respect to the pivotal drivers influencing the revenue graph of this business sphere. The current trends of market with the geographical landscape, demand, remuneration scale, and growth of this vertical have also been included in this report.
The electric vehicles (EVs) market is estimated to witness a robust growth rate of 23.5% during the period 2019-2028.
The operation is done to stop ligament tears and…
Fuel Cell Air Compressor Market is Expected to Reach USD 512.3 Million by 2028 - …
Global Fuel Cell Air Compressor Market with respect to the pivotal drivers influencing the revenue graph of this business sphere. The current trends of market with the geographical landscape, demand, remuneration scale, and growth of this vertical have also been included in this report.
Global Fuel Cell Air Compressor Market Size was estimated at USD 215.1 million in 2021 and is projected to reach USD 512.3 million by 2028, exhibiting…
More Releases for MRI
MRI Market Forecast (2025-2031)
MRI Market Forecast to Reach New Heights by 2031 Driven by AI Integration and Rising Chronic Diseases - The Insight Partners
The MRI Market is projected to grow significantly through 2031, fueled by rising chronic illnesses, AI-driven diagnostics, and portable imaging trends.
The latest research by The Insight Partners titled "MRI Market Forecast (2025-2031)" reveals a promising outlook for the global Magnetic Resonance Imaging (MRI) market, which is expected to grow at…
Agricultural Uav Market with Industry Share, Growth, Trends Analysis By MRI 2030 …
New Jersey, USA-The Global Market Global Agricultural Uav Market study gives a comprehensive analysis of the industry, including essentials such as the industry chain's structure and implementations. In addition, the study evaluates all industries in various geographical regions and provides a cross-sectional analysis of global economic demand estimations. The Agricultural Uav market's complexities and flaws are intrinsic, but the benefits and hazards are external. The subsections of this research report…
Intelligent Surgical Robot Market with Industry Share, Growth, Trends Analysis B …
New Jersey, USA-The Global Market Global Intelligent Surgical Robot Market study gives a comprehensive analysis of the industry, including essentials such as the industry chain's structure and implementations. In addition, the study evaluates all industries in various geographical regions and provides a cross-sectional analysis of global economic demand estimations. The Intelligent Surgical Robot market's complexities and flaws are intrinsic, but the benefits and hazards are external. The subsections of this…
Smart Collaborative Robot Market with Industry Share, Growth, Trends Analysis By …
New Jersey, USA-The Global Market Global Smart Collaborative Robot Market study gives a comprehensive analysis of the industry, including essentials such as the industry chain's structure and implementations. In addition, the study evaluates all industries in various geographical regions and provides a cross-sectional analysis of global economic demand estimations. The Smart Collaborative Robot market's complexities and flaws are intrinsic, but the benefits and hazards are external. The subsections of this…
Magnetic Resonance Imaging Market by Field Strength (Low-Field MRI Systems, High …
Magnetic resonance imaging (MRI) is a scan which utilizes strong magnetic fields and radio waves for producing detailed images of the inside of the body. The MRI scanner is a large tube that contains powerful magnets, the patient lies inside the tube during the scan.
Download Sample PDF at https://www.theinsightpartners.com/sample/TIPHE100001108/?utm_source=OpenPR&utm_medium=10379
Key Players Analysis:
The report also includes the profiles of key Magnetic Resonance Imaging manufacturing companies along with their SWOT analysis and…
MAGNETIC RESONANCE IMAGING (MRI) SYSTEM MARKET 2025: BY FIELD STRENGTH (HIGH FIE …
Global Magnetic Resonance Imaging (MRI) System Market Expected to Reach XX Million by 2025
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…
