Magnetic Resonance Imaging Market worth US$ 7,955.1 Million by 2025 - Exclusive Report by The Insight Partners

The latest Magnetic Resonance Imaging Market report delivers an overall analysis of the major strategies, corporate models, and market shares of the most acknowledged players of the market. The research gives an account of key persuading factors, market figures in terms of revenues, segmental data, also region or country-wise data. This research work can be perceived as the most extensive documentation comprising all the aspects of the emerging Magnetic Resonance Imaging Market.

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The market for magnetic resonance imaging is expected to grow due to increasing awareness regarding early detection of diseases, technological advancements in magnetic resonance imaging, and increasing funding and initiatives undertaken by government and private bodies to promote MRI technology across the world are boosting the market over the years. In addition, the development of hybrid MRI systems are likely to have a positive impact on the growth of the market in the coming years.

Global magnetic resonance imaging market, based on the field strength into low field MRI systems, high-field MRI systems, and ultra-high-field MRI systems. The high-field MRI systems is the largest segment among the field strength segment in the magnetic resonance imaging market in 2017 and is also anticipated to hold the largest market in the year 2025. The low-field MRI systems segment is fastest growing segment and is accounted to grow at the highest growth rate during the forecast period. The low-field MRIs segment is also expected to dominate due to the attractive costs as they are two to three times less expensive to the original equipment manufacturers (OEM) than that of the high-field counterparts.

The research report features the key parameters such as global market revenue, parent market trends, macroeconomic indicators, governing factors, along with market captivation per market segment. The rate of growth of Magnetic Resonance Imaging Market for the forecast period 2021-28 is also presented here. Most significantly, the report further assesses the qualitative impact of various market factors on market segments and geographies.

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Key market players operating in the market of magnetic resonance imaging across the globe includes General Electric, Koninklijke Philips N.V., Siemens AG, Canon Medical Systems Corporation, Esaote SpA, FONAR, Hitachi, Ltd., Aspect Imaging, Neusoft Corporation and Time Medical Holding. For instance, in June 2018, Canon Medical Systems Corporation introduced a new ultra-high resolution research-enabled 3T MRI System that allows for more accurate tissue diagnosis at early disease stages. The developments performed by the companies are helping the market to grow in the coming years.

The research conducts SWOT analysis to assess the strengths and weaknesses of the key market players. Also, the report involves critical examination of all the drivers and restraints manipulating the market. It also evaluates the trends observed in parent market, macro-economic indicators, prevalent factors, and market appeal according to different segments. The possible influence of various industrial aspects on Magnetic Resonance Imaging Market and regions is also incorporated in the report.

The report segments the global magnetic resonance imaging market as follows:

Global Magnetic Resonance Imaging Market - By Field Strength
Low-Field MRI Systems
High-Field MRI Systems
Ultra-High Field MRI Systems

Global Magnetic Resonance Imaging Market - By Architecture
Closed MRI Systems
Open MRI Systems

Global Magnetic Resonance Imaging Market - By Application
Neurology
Musculoskeletal
Cardiology
Gastroenterology
Oncology
Others

Global Magnetic Resonance Imaging Market - By End User
Hospitals
Ambulatory Surgical Centers
Diagnostic Centers

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