Magnetic Resonance Imaging Market, Business Will Grow in 2025, Prominent Players: GE Healthcare, Siemens Healthcare, Koninklijke Philips N.V., Canon Inc.

The Global Magnetic Resonance Imaging Equipment Market, which remained at US$ 7,165.6 Mn in 2017, will reach US$ 11,725.9 Mn before the finish of 2025. In the event that these figures demonstrate genuinely, the worldwide attractive reverberation imaging gear market will ascend at a CAGR of 6.4% somewhere in the range of 2018 and 2025.

The rising demand from musculoskeletal application segment is prognosticated to help the global magnetic resonance imaging equipment market rise at a positive pace, finds Fortune Business Insights in their new study. The study is titled, “Magnetic Resonance Imaging Equipment Market: Global Market Analysis, Insights and Forecasts, 2018 – 2025.”

Get Sample PDF Brochure:
https://www.fortunebusinessinsights.com/enquiry/sample/magnetic-resonance-imaging-systems-market-100087

Some of the Main Key Players Covered in the Report:

• GE Healthcare
• Siemens Healthcare
• Koninklijke Philips N.V.
• Canon Inc.
• Hitachi, Ltd.
• Esaote SpA
• Shenzhen Anke High-tech Co., Ltd.
• Time Medical Holding
• SHENZHEN BASDA MEDICAL APPARATUS CO., LTD.
• Fonar Corporation

Browse Complete Report Details:
The musculoskeletal segment is anticipated to rise at a faster rate among other categories based on application. This is due to the recently proven clinical efficacy of MRI systems in detailed bone imaging cases.

Again, the neurology segment, out of various applications will register a higher CAGR because of the expansion of neuroscience in developed nations and its application in medical therapies and testing devices. On the other hand, the hospital segment is likely to generate more revenue over the next few years, because of the significant rise in funding by governments.

The advent of Superconducting Magnets and Software Upgrades to Boost Market

Using magnetic resonance imaging technique is considered as an effective way of diagnosing disorders of the central nervous system, spine lesions, tumors, and the stroke affected areas of blood vessels and brain. The demand for this system is increasing with the rising geriatric population and their susceptibility to various diseases.

Also, the rising demand for minimally invasive or non-invasive diagnostic procedures will boost the uptake of magnetic resonance imaging machines. With recent advancements in scanning techniques such as superconducting magnets, MRI systems, and software grades, the demand for magnetic resonance imaging machines is also increasing. Such factors will bode well for the market during the forecast tenure.

Nowadays, manufacturers are installing advanced techniques in MRI machines where such machines will be compatible with cardiac pacemakers for better reading for the physicians. Such innovation is likely to boost the market in the coming years. Increasing awareness about serious disorders and their immediate actions and early diagnosis will help the market to grow remarkably in the coming years.

However, the market may face rough waters considering the high cost of MRI machines and inadequate reimbursement policies issued by various governments. Furthermore, the unavailability of such advanced medical services in under developed nations may act as a restrain for the Global Magnetic Resonance Imaging Equipment Market.

Nevertheless, new entrants of vendors into the market and the scope of benefits from these emerging market may bring better growth opportunities for the market during the forecast period.

Speak to Analyst:
https://www.fortunebusinessinsights.com/enquiry/speak-to-analyst/magnetic-resonance-imaging-systems-market-100087

Fortune Business Insights Pvt. Ltd.
308, Supreme Headquarters,
Survey No. 36, Baner,
Pune-Bangalore Highway,
Pune - 411045, Maharashtra, India.

Phone:
US :+1 424 253 0390
UK : +44 2071 939123
APAC : +91 744 740 1245
Email: sales@fortunebusinessinsights.com

Fortune Business Insights offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.

Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

At Fortune Business Insights we aim at highlighting the most lucrative growth opportunities for our clients. We therefore offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.

This release was published on openPR.