North America Pediatric MRI Market Trend, Opportunities, Key Players, Growth Factors, Revenue Analysis, 2021-2028

The Pediatric MRI market in North America is expected to grow from US$ 1.4959 billion in 2021 to US$ 2.5227 billion by 2028; it is estimated to grow at a CAGR of 7.8% from 2021 to 2028.

The initiatives by international organizations, such as WHO and United Nations Children's Fund (UNICEF), to raise awareness regarding preterm birth and child health are likely to propel the adoption of pediatric MRI in hospitals and maternity clinics across countries in the coming years. For instance, in 2015, the United Nations established the Sustainable Development Goals (SDGs) to promote healthy lives and well-being for all children. The initiative projects to end the cases of preventable deaths of newborns and under-5 children by 2030. Owing to these efforts, in 2019, 122 countries met the SDG target for under-5 mortality, and 20 countries are expected to meet the target by 2030 if current trends continue. The SDG is expected to reduce the number of under-5 deaths by 11 million between 2019 and 2030. Therefore, increasing initiatives to create awareness regarding pediatric safety are likely to offer lucrative growth opportunities for the pediatric MRI market during the forecast period.

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Analysis of the Top Market Players:
• Siemens Healthineers AG
• Koninklijke Philips N.V.
• Hamilton Medical
• Advanced Imaging Research dba SREE Medical Systems
• Hyperfine
• Aspect Imaging Ltd.
• Champaign Imaging
• General Electric Company

Pediatric MRI uses a powerful magnetic field, radio waves and a computer to produce detailed images of the child's body. MRI is used to diagnose or monitor treatment for a variety of conditions within the chest, brain, abdomen, pelvis and extremities. It is also used for imaging the joints and bones to diagnose sports-related injuries or to detect the presence of a tumor or infection in a joint.

Thus, the rising number of premature births, and pediatric diseases is expected to create a significant demand for pediatric MRI in the coming years, which is further anticipated to drive the pediatric MRI market.

In this report, the market has been segmented on the basis of:
Based on types, the North America Pediatric MRI market is primarily split into:
• Functional Brain MRI (fMRI)
• Cardiac MRI
• 4D MRI
• Others

Based on Applications the North America Pediatric MRI market covers:
• Neurology
• Orthopedics
• Cardiology
• Oncology
• Others

By End User
• Hospitals
• Diagnostic Centers
• Others

By Country
• North America
• US
• Canada
• Mexico


Competition may be a major subject in any marketing research analysis. This is a report provided with the help of the competitive analysis provided the players can simply study key strategies adopted by leading players in the North America Pediatric MRI market till 2028. Major and emerging players of the market are closely studied taking into consideration their market share, product portfolio, revenue, sales growth, and other significant factors. This will help players to become familiar with the moves of their top competitors within the market.

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Scope of North America Pediatric MRI Market during 2022 to 2028:
The report titled "North America Pediatric MRI Market 2022-2028" has recently been added by Business Market Insights to induce a stronger and more effective business outlook. It provides associate in-depth analysis of the various attributes of the industry, like trends, policies, and customers operational in several geographies. Research analysts use quantitative as well as qualitative analytical techniques to supply users, business owners, and industry professionals with accurate and actionable data. The North America Pediatric MRI Market study provides comprehensive data which enhances the understanding, scope, and application during the forecast period 2022-2028.

North America Pediatric MRI Market report evaluates the growth rate and the market value based on market dynamics, growth inducing factors. Complete knowledge is based on the latest industry news, opportunities, and trends. The report contains a comprehensive market research and vendor landscape in additionally to a SWOT analysis of the key vendors.

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Key Highlights of the North America Pediatric MRI Market Research Report:
• The report summarizes the North America Pediatric MRI Market by stating the basic product definition, applications, product scope, product price and value, supply and demand ratio, and market summery.
• Competitive landscape of all leading key players together with their business strategies, approaches, and latest North America Pediatric MRI market movements.
• Its elements market feasibility investment, opportunities, growth factors, restraints, market risks, and North America Pediatric MRI business driving forces.
• It performs a comprehensive study of emerging players within the North America Pediatric MRI business together with the present ones.
• It accomplishes primary and secondary analysis and resources to estimate top products, market size, and industrial partnerships of North America Pediatric MRI business.
• North America Pediatric MRI market report ends by articulating research findings, data sources, and results, list of dealers, sales channels, businesses, and distributors along with an appendix.

Key Questions | Answered included in Sample Report:
-What will the market size be in 2028 and what will the growth rate be?
-What are the key market trends?
-What is driving this market?
-What are the challenges to market growth?
-Who are the key vendors in this market space?
-What are the market opportunities and threats faced by the key vendors?
-What are the strengths and weaknesses of the key vendors?
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