Asia-Pacific MRI Coils Market to Exhibit a Striking Growth of USD 107.43 million USD 107.43 million with Registering a CAGR of 5.3% by 2028

The MRI coils market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing at a CAGR of 5.3% in the forecast period of 2021 to 2028 and is expected to reach USD 107.43 million by 2028. Increase in prevalence of chronic diseases and rising geriatric population is anticipated to drive the growth of the MRI coils market.
Magnetic resonance imaging includes an electromagnetic field and a large static magnetic field to produce detailed images with the aid of MRI coils. There are different types of coils that are used for imaging such as the volume coils, surface coils among others. One of the major coils that are used is radiofrequency coils which are both transmit and receive type coils. Herein, the coil receives and transmits radio frequency signals and these are further combined to form an image of the anatomy under observation.

Market Overview`
The major players operating in the Asia-Pacific MRI coils market report are,
• Koninklijke Philips N.V.,
• GE Healthcare,
• CANON MEDICAL SYSTEMS USA, INC. (a subsidiary of Canon Inc.),
• Hitachi, Ltd.,
• ESAOTE SPA,
• Bruker,

MRI Coils market scope and market size

The Global MRI coils market is segmented into five notable segments which are based on the product type, type, application, end user and distribution channel. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
• On the basis of product type, the MRI coils market is segmented into phased array and quadrature. In 2021, phased array segment holds the highest market share as it produces higher signal-to-noise ratio producing high resolution images, ideal for diagnostic use, works well for vascular, neurological and orthopedic needs.
• On the basis of type, the MRI coils market is segmented into volume coils, gradient coils, radiofrequency coils, surface and others. In 2021, radiofrequency coils segment holds the highest market share as it is sensitive in nature and provides good quality images of the anatomy under consideration.
• On the basis of application, the MRI coils market is segmented into neuroimaging, cardiovascular, musculoskeletal, gastrointestinal, pediatric, breast and others. In 2021, neuroimaging segment holds the highest market share as it is capable of providing high quality images taking lesser time in the process of imaging.
• On the basis of end user, the MRI coils market is segmented into hospitals, diagnostic imaging centre and others. In 2021, hospitals segment is expected to grow due to increasing demand of advanced technology based magnetic resonance imaging devices among the end users.
• On the basis of distribution channel, the MRI coils market is segmented into direct tenders and retail sales. In 2021, retail sales segment is expected to dominate because retail sales provide online platform to buy MRI coils that can be delivered at the desired destination.

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