Magnetic Resonance Imaging (MRI) Market 2021 Strategic Assessment- Carestream Health, Esaote SpA, Fonar Corporation, GE Healthcare, Hitachi Ltd

The report presents an in-depth assessment of the Magnetic Resonance Imaging (MRI) Market including enabling technologies, key trends, market drivers, challenges, standardization, regulatory landscape, deployment models, operator case studies, opportunities, future roadmap, value chain, ecosystem player profiles and strategies. The report also presents forecasts for Magnetic Resonance Imaging (MRI) investments from 2021 till 2026.

The global magnetic resonance imaging market is expected to register a CAGR of nearly 5.5% over the forecast period, with estimated market size of USD 7,550 million in 2020 and expected to reach 10,250 million by 2026.

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The report presents the market competitive landscape and a corresponding detailed analysis of the major vendor/key players in the market. Top Companies in the Global Magnetic Resonance Imaging (MRI) Market: Aspect Imaging, Aurora Imaging Technology, Canon Medical Systems Corporation, Carestream Health, Esaote SpA, Fonar Corporation, GE Healthcare, Hitachi Ltd, Koninklijke Philips NV, Neusoft Medical Systems Co. Ltd, Shimadzu Corporation, Siemens Healthcare GmbH

Industry News:

May 19, 2021: Philips introduces the new Spectral Computed Tomography 7500 system, providing spectral information for every patient and every scan

This latest intelligent system delivers high quality spectral images for every patient on every scan 100% of the time to help improve disease characterization, and reduce rescans and follow-ups, all at the same dose levels as conventional scans. The time-saving spectral workflow is fully integrated, enabling the technologist to get the patient on and off the table quickly – spectral chest scans and head scans take less than one second, and a full upper body spectral scan can be completed in less than two seconds – while still delivering high quality imaging that allows the physician to rapidly deliver a confident diagnosis and effective treatment plan for each patient.

Market Overview:

MRI is a noninvasive diagnostic methodology that generates computerized images of internal body tissues and organs using radio waves magnetic resonate atoms. MRI provides three dimensional views of organ and joints without invasive surgery in a detailed manner. MRI detects heart and surrounding arteries views and associated troubles. MRI study includes brain MRI, spines MRI, individual organ MRI, and extremities.

Amongst the majorly used COVID-19 screening options, imaging is preferred by most healthcare professionals as it provides a primary diagnosis in a short time. All the imaging modalities including magnetic resonance imaging have been used exhaustively to study COVID-19 and its effect on different patients in each demography. Improvements in radiology imaging techniques have enabled the industry to build smaller and portable low-magnetic-field MRIs. People with underlying disease conditions can face more serious complications due to covid. Thus, this will increase the adoption of imaging systems among pandemic. For instance, in 2020, Hyperfine received the United States FDA clearance to use Swoop for brain imaging across all age groups. Thus, rising product approval and adoption impacts the market studied.

Key Market Trends
The Oncology Segment Expected to Hold a Significant Market Share Over the Forecast Period
MRI creates pictures of soft tissue parts of the body that are sometimes hard to see using other imaging tests. As a result, MRI is very good at finding and pinpointing some cancers. An MRI with contrast dye is the best way to see the brain and spinal cord tumors. Using MRI, doctors can sometimes tell if a tumor is cancerous or not.
MRI can also be used to look for signs that cancer may have metastasized (spread) from where it started to another part of the body. MRI images can also help doctors plan treatment, such as surgery or radiation therapy.
The demand for this technology is increasing due to the rising cases of cancer globally. According to Cancer Research UK suggests that the population suffering from cancer is expected to increase in the future. As per its 2018 report, if recent trends in incidence of major cancers and population growth are consistent, it is predicted that there will be 27.5 million new cancer cases worldwide each year by 2040. This is an increase of 61.7% from 2018, which is expected to be higher in males, with a rise of about 67.6%, compared to females, with an estimated rise of 55.3%. This factor is expected to increase the demand for MRI in oncology, helping the market grow.

The report has 150 tables and figures browse the report description and TOC:

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What are the market factors that are explained in the report?

-Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.

-Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

-Analytical Tools: The Global Magnetic Resonance Imaging (MRI) Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, feasibility study, and investment return analysis have been used to analysed the growth of the key players operating in the market.

Finally, Magnetic Resonance Imaging (MRI) Market report is the believable source for gaining the Market research that will exponentially accelerate your business. The report gives the economic situations with the item value, benefit, limit, generation, supply, request and Market development rate and figure and so on. This report additionally Present new task SWOT examination and venture return investigation.

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