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Magnetic Resonance Imaging Market worth $9.77 billion by 2030, growing at a CAGR of 6.28% - Exclusive Report by 360iResearch
Magnetic Resonance Imaging Market | 360iResearch
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Magnetic Resonance Imaging (MRI) is a non-invasive imaging technology that creates three-dimensional anatomical images using powerful magnets, radio waves, and a computer, particularly beneficial for imaging soft tissues such as the brain, muscles, heart, and cancers. The MRI market comprises hardware, software, and services, covering various field strengths and applications across cardiology, neurology, oncology, musculoskeletal, and other medical disciplines. Its necessity is underscored by its role in diagnosing and planning treatment for various health conditions; its non-invasive nature makes it suitable for routine follow-ups and preventive screening. Applications are widespread, including diagnosing neurological disorders, imaging heart structure and function, assessing musculoskeletal issues, detecting and monitoring cancers, and evaluating congenital abnormalities in pediatrics without radiation exposure. Key end-users include hospitals, research institutions, diagnostic centers, and academic bodies. Growth factors driving the market include technological advancements such as higher field strengths and AI integration, increasing chronic disease prevalence, aging population, and rising healthcare spending. Opportunities include enhancing image interpretation through AI and machine learning, developing portable MRI systems for remote settings, expanding functional MRI applications, and innovating safer contrast agents. Limitations such as high costs, long scan durations, physical constraints, and stringent regulatory hurdles present challenges. Areas of innovation include AI-driven MRI software, portable and wearable MRI units, multi-modal imaging techniques, and advanced contrast agents. The competitive landscape features intense competition with major players advancing the market through continuous innovations. The regulatory environment is strict, focusing on patient safety and return on investment. The primary demographic spans hospitals, diagnostic centers, research institutions, and academic entities, with market growth anticipated due to emerging economies, technological advancements, and increased global disease prevalence necessitating advanced diagnostic imaging.
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Market Segmentation & Coverage:
This research report categorizes the Magnetic Resonance Imaging Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Type, market is studied across Flexible Endoscopy Devices and Rigid Endoscopy Devices.
Based on Architecture, market is studied across Closed MRI Systems and Open MRI Systems.
Based on Field Strength, market is studied across High Field MRI Systems, Low Field MRI Systems, Ultra-High MRI Systems, and Very High Field MRI Systems.
Based on Application, market is studied across Brain & Neurological, Breast, Cardiac, Pelvic & Abdominal, Spine & Musculoskeletal, and Vascular.
Based on End-User, market is studied across Ambulatory Surgical Centers, Diagnostic Centers & Clinics, and Hospital.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom.
Key Company Profiles:
The report delves into recent significant developments in the Magnetic Resonance Imaging Market, highlighting leading vendors and their innovative profiles. These include Agfa-Gevaert Group, Alltech Medical Systems America, Inc, Analogic Corporation, ASG Superconductors SpA, Aspect Imaging Ltd., Aurora Imaging Technology Inc., Bruker Corporation, Canon Medical Systems Corporation, CentraCare Health System, Inc., CurveBeam AI LLC, Esaote S.p.A, Fonar Corporation, Fujifilm Group, GE HealthCare Technologies Inc., Hitachi Ltd., Koninklijke Philips N.V., Sanrad Medical Systems Private Limited, Shenzhen Anke High-Tech Co., Ltd., Siemens Healthineers GmbH, SternMed GmbH, and Trivitron Healthcare.
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Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Magnetic Resonance Imaging Market, by Type
7. Magnetic Resonance Imaging Market, by Architecture
8. Magnetic Resonance Imaging Market, by Field Strength
9. Magnetic Resonance Imaging Market, by Application
10. Magnetic Resonance Imaging Market, by End-User
11. Americas Magnetic Resonance Imaging Market
12. Asia-Pacific Magnetic Resonance Imaging Market
13. Europe, Middle East & Africa Magnetic Resonance Imaging Market
14. Competitive Landscape
15. Competitive Portfolio
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360iResearch is a market research and business consulting company headquartered in India, with clients and focus markets spanning the globe.
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