Magnetic Resonance Imaging (MRI) Market to witness Massive Growth by 2025- Canon Medical Systems Corporation, Esaote SpA, GE Healthcare

The Magnetic Resonance Imaging (MRI) market size is projected to reach US$ 2440.4 million by 2025, from US$ 1616.9 million in 2020, at a CAGR of 6.1% during 2021-2025.

MarketInsightsReports published a new research publication on “Magnetic Resonance Imaging (MRI)” Market Insights, to 2025 and enriched with self-explained data in presentable format. In the Magnetic Resonance Imaging (MRI) market study you will find new evolving Trends, Drivers, Restraints, and Opportunities generated by targeting Magnetic Resonance Imaging (MRI) market associated stakeholders. The growth of the market was mainly driven by the increasing spending across the world.

Some Of The Key Players Profiled In The Study Are-

Canon Medical Systems Corporation, Esaote SpA, GE Healthcare, Hitachi Ltd, Koninklijke Philips NV, Neusoft Corporation, Siemens AG

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The key factors propelling the growth of the magnetic resonance imaging market are the rising technological advancement, such as the inclusion of MRI with PET or CT, to provide imaging possibilities with less exposure to harmful radiations. The global players, such as GE, Siemens, and Philips, have an extensive hold on improving technology, as well as global distribution channels. The combination of Magnetic Particle Imaging (MPI) with MRI provides access to high-quality images of tissues and organ inside the body. MRI has been used with other powerful imaging techniques, such as when MRI is combined with radiography, it is used to treat infertility patients. With the inclusion of MRI with other imaging modalities, the combination provides improved quantification by MRI-based motion correction without additional radiation and lesser scanning time. Additionally, due to rising popularity of technologically advanced MRI systems such as hybrid MRI, particularly in the developed market, is expected to fuel the market. The other factors, such as increasing geriatric population and rising adoption of MRI systems are driving the African magnetic resonance imaging market.

Industry News And Updates on Magnetic Resonance Imaging (MRI) Market-

There is a growing demand for better diagnostic facilities like MRI in the African countries because of the rising burden of cancer and growing aging population. Hence, rising awareness among people about early diagnosis of diseases for prevention and faster cure is expected to show better growth in the forecast period.

Key Market Trends on Magnetic Resonance Imaging (MRI) Market-

Oncology Segment is Expected to Show Better Growth in the Forecast Years

Based on application, the market is segmented into Oncology, Neurology, Cardiology, Gastroenterology, Musculoskeletal, and Other Applications. Oncology deals with diagnosis and treatment of tumors and cancers.

Market Segmentation On Magnetic Resonance Imaging (MRI)-

Scope of the Report of Magnetic Resonance Imaging (MRI)Market Trend-

Increasing Demand for Magnetic Resonance Imaging (MRI) as well as new opportunities in Emerging Countries.

Market Drivers-

The Magnetic Resonance Imaging (MRI) is Considered a source to drive more growth resulting in high demand among consumers. 

Challenges-

Finding that challenges assumptions for the consumers to opt or not for Magnetic Resonance Imaging (MRI).

Opportunities-

Increasing Demand in the Industry for Magnetic Resonance Imaging (MRI) by the Consumers is Providing an Opportunity for this market.

Region Included In Magnetic Resonance Imaging (MRI) Market are-

North America

Europe

Asia-Pacific

South America

Middle East & Africa

Browse Detailed Research Insights with Table of Content-

https://www.marketinsightsreports.com/reports/10192354351/africa-magnetic-resonance-imaging-mri-market-growth-trends-and-forecasts-2020-2025?Source=OpenPR&Mode=Allie

TOC Continued…!

Competitive Landscape On Magnetic Resonance Imaging (MRI) Market-

Key Players to Forge Alliances to Create Sustainable Solutions

In a bid to speed up the research & development and production of sustainable Magnetic Resonance Imaging (MRI) market solutions, major market players are building alliances with other industry leaders to widen the scope of their businesses. The focus of these collaborations is to formulate the growth that will make the Magnetic Resonance Imaging (MRI) industry more profound, which in turn will future-proof these companies’ offerings.

Qualitative Insights on Impact of COVID-19 on Global Magnetic Resonance Imaging (MRI) Market
Supply Chain Analysis & Challenges due to Covid-19
Steps taken by Government / Companies to Overcome this Impact
Potential Challenges and Opportunities due to COVID-19 Outbreak

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This release was published on openPR.