Magnetic Resonance Imaging Market: Everything You Need to Know | Hologic Inc., Koninklijke Philips N.V., Nordion Inc.

Global Magnetic Resonance Imaging Market Size study & Forecast, by Architecture, by Field Strength, by Application and Regional Analysis, 2022-2029, Covid 19 Outbreak Impact research report added by Report Ocean, is an in-depth analysis of market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography. It places the market within the context of the wider Magnetic Resonance Imaging market, and compares it with other markets., market definition, regional market opportunity, sales and revenue by region, manufacturing cost analysis, Industrial Chain, market effect factors analysis, Magnetic Resonance Imaging market size forecast, market data & Graphs and Statistics, Tables, Bar &Pie Charts, and many more for business intelligence. Get complete Report (Including Full TOC, 100+ Tables & Figures, and Chart). - In-depth Analysis Pre & Post COVID-19 Market Outbreak Impact Analysis & Situation by Region

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Global Magnetic Resonance Imaging (MRI) Market is valued at approximately USD 7.65 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 3.9% over the forecast period 2022-2029. Magnetic Resonance Imaging (MRI) is important healthcare machine for identifying diseases related to spine lesions, tumors, and strokes impacting the area of vascular system and the brain. The market is growing due to the rising number of diseases. For instance, the International Agency for Research on Cancer estimates that there were 19,292,789 new cancer cases worldwide in 2020. Additionally, the adoption of MRI machines is anticipated to be aided by the growing need for fast and accurate diagnostic treatments. These MRI machines are being installed in several countries. According to the OECD, there were 34.54 MRI units installed in the United States per million population in 2020. Also, rising geriatric population will create lucrative demand for the market during forecast period.

According to World Health Organization, the number of people aged 60 and older will rise from 1 billion in 2020 to 1.4 billion in 2021. The number of persons in the world who are 60 years or older will double by 2050. (2.1 billion). Between 2020 and 2050, the number of people aged 80 or older is projected to triple, reaching 426 million. As a result, the rise in geriatric population would create lucrative demand for the market. Also, hybrid MRI systems would create lucrative opportunities for the market during forecast period. However, the high cost of Magnetic Resonance Imaging (MRI) stifles market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Magnetic Resonance Imaging (MRI) Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominated the market in terms of revenue, owing to the growing incidence of chronic diseases in this region, which includes cardiovascular disorders, breast cancer, and neurological diseases creating a demand for imaging analysis. Asia Pacific is expected to grow with the highest CAGR during the forecast period, owing to factors such as rising geriatric population and rising demand for advanced imaging modalities which would create lucrative growth prospects for the global Magnetic Resonance Imaging (MRI) Market across the Asia Pacific region.

Major market players included in this report are:
• Barco N.V.
• General Electric Company (GE Healthcare)
• Hitachi, Ltd. (Hitachi Medical Corporation)
• Hologic Inc.
• Koninklijke Philips N.V.
• Nordion Inc.
• Onex Corporation (Carestream Health)
• Shimadzu Corporation
• Siemens AG (Siemens Healthcare)
• Toshiba Corporation (Toshiba Medical Systems Corporation)

Recent Developments in the Market:
At the 2021 Radiological Society of North America, Fujifilm Healthcare Americas Corporation announced Velocity MRI System, a cutting-edge, high-field open MRI system (RSNA). The Velocity MRI system is Fujifilm's most current MRI scanner, and with its recreating gantry, built-in radiofrequency (RF) coils, and reconstruction technologies, it is designed to enhance patient experience and streamline workflow.
In 2021, Hitachi announced the launch of two new permanent open MRI systems at the start of the 2021 European Congress of Radiology. High-speed tests with motion-free images, simple setup and use for quick image return, and an open design that optimizes patient comfort are all features of the APERTO Lucent Plus Open MRI.

Global Magnetic Resonance Imaging (MRI) Market Report Scope:
Historical Data: 2019-2020-2021
Base Year for Estimation: 2021
Forecast period: 2022-2029

Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered: Architecture, Field Strength, Application, Region
Regional Scope: North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and Architecture offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Architecture:
• Closed MRI Systems
• Open MRI Systems

By Field Strength:
• Low Field MRI Systems
• High Field MRI Systems
• Very High Field MRI Systems
• Ultra-high MRI Systems

By Application:
• Oncology
• Neurology

• Cardiology
• Gastroenterology
• Musculoskeletal
• Other Applications

Our market research provides vital intelligence on market size, business trends, industry structure, market share, and market forecasts that are essential to developing business plans and strategy.
A combination of factors, including COVID-19 containment situation, end-use market recovery & Recovery Timeline of 2020/ 2021
covid-19 scenario Market Behavior/ Level of Risk and Opportunity End Industry Behavior/ Opportunity Assessment Expected Industry Recovery Timeline Business Impact Horizon
Opening of Economy by Q3 2020 xx xx xx xx
Recovery - Opening of Economy extended till Q4 2020 / Q1 2021 xx xx xx xx
Under COVID-19 Outbreak Impact Analysis:
We analyzed industry trends in the context of COVID-19. We analyzed the impact of COVID-19 on the product industry chain based on the upstream and downstream markets. We analyze the impact of COVID-19 on various regions and major countries.
The impact of COVID-19 on the future development of the industry is pointed out.
Study Explore :
• Market Behavior/ Level of Risk and Opportunity
• End Industry Behavior/ Opportunity Assessment
• Expected Industry Recovery Timeline

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Each study, more than 100+ pages, is packed with tables, charts and insightful narrative including coverage on: Report Ocean provides complete tailor-made market reports that deliver vital market information on industry. Our market reports include:
• Market Sizing and Structuring
• Micro and macro analysis
• Regional dynamics and Operational landscape
• Demographic profiling and Addressable market
• Legal Set-up and Regulatory frameworks
• Profitability and Cost analysis
• Segmentation analysis of Market
• Existing marketing strategies in the market, Best practice, GAP analysis
• Competitive landscape, Leading market players, Benchmarking
• Future market trends and opportunities - Scenario modeling

Geographical Breakdown: The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the impact and recovery path of Covid 19 for all regions, key developed countries and major emerging markets.

Countries: Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam
In-Depth Qualitative COVID 19 Outbreak Impact Analysis Include Identification And Investigation Of The Following Aspects: Market Structure, Growth Drivers, Restraints and Challenges, Emerging Product Trends & Market Opportunities, Porter's Fiver Forces. The report also inspects the financial standing of the leading companies, which includes gross profit, revenue generation, sales volume, sales revenue, manufacturing cost, individual growth rate, and other financial ratios. The report basically gives information about the Market trends, growth factors, limitations, opportunities, challenges, future forecasts, and details about all the key market players.

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Key questions answered: Study Explore COVID 19 Outbreak Impact Analysis Our team will be able to provide clear answers, identify key opportunities, new investments, and recommend high quality strategy routes in the market. These answers will include a holistic analysis of the:
• Existing market infrastructures
• Market challenges and opportunities
• Potential for growth in certain industries in the coming years
• End-consumer target groups and their potential volumes of operation
• Best regions and segments to target
• Pros and cons of various promotion models
• Touch points and an opportunity breakdown within the value chain
• Market size and growth rate during forecast period.
• Key factors driving the Market.
• Key market trends cracking up the growth of the Market.
• Challenges to market growth.
• Key vendors of Market.
• Detailed SWOT analysis.
• Opportunities and threats faces by the existing vendors in Global Market.
• Trending factors influencing the market in the geographical regions.
• Strategic initiatives focusing the leading vendors.
• PEST analysis of the market in the five major regions.

The Study Explore COVID 19 Outbreak Impact Analysis

• What should be entry strategies, countermeasures to economic impact, and marketing channels?
• What are market dynamics?
• What are challenges and opportunities?
• What is economic impact on market?
• What is current market status? What's market competition in this industry, both company, and country wise? What's market analysis by taking applications and types in consideration?

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Key Points Covered in Magnetic Resonance Imaging Market Report:

Global Magnetic Resonance Imaging Market Research Report
Section 1: Global Magnetic Resonance Imaging Industry Overview
Section 2: Global Economic Impact on Magnetic Resonance Imaging Industry
Section 3: Global Market Competition by Industry Producers
Section 4: Global Productions, Revenue (Value), according to Regions
Section 5: Global Supplies (Production), Consumption, Export, Import, geographically
Section 6: Global Productions, Revenue (Value), Price Trend, Product Type
Section 7: Global Market Analysis, on the basis of Application
Section 8: Magnetic Resonance Imaging Market Pricing Analysis
Section 9: Market Chain, Sourcing Strategy, and Downstream Buyers
Section 10: Strategies and key policies by Distributors/Suppliers/Traders
Section 11: Key Marketing Strategy Analysis, by Market Vendors
Section 12: Market Effect Factors Analysis
Section 13: Global Magnetic Resonance Imaging Market Forecast
……..and view more in complete table of Contents

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