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MRI Compatible Patient Monitoring System Market Supply Chain Trends Mapping the Latest Technological Advancements

03-28-2018 11:54 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: P&S Market Research

MRI Compatible Patient Monitoring System Market Supply Chain

The global MRI compatible patient monitoring systems market is growing, due to increasing installation of MRI devices. The increase in geriatric population worldwide is resulting in the growth of the global MRI compatible patient monitoring systems market, as the geriatric population is more susceptible to diseases, sickness and syndromes, due to less regenerative abilities.

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According to a United Nations Department of Economic and Social Affairs (UN-DESA) report on the global aging population, the population of individuals aged 60 years or above is growing at a very high rate. In addition, with the increase in chronic disease cases, accurate diagnosis is needed for the prevention and treatment of such diseases; thus leading to increased usage of MRI scans for the diagnosis of chronic diseases. Moreover, the increase in prevalence of chronic diseases is likely to increase the demand for monitoring during scan, which is leading to increased demand for MRI compatible patient monitoring systems.

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MRI scanners use strong magnetic fields and radio waves, in order to produce images of body structure for the diagnosis of various medical conditions. Any loose metal device in an MRI environment may get pulled towards the magnet, and could cause serious injury or damage. Hence, different countries have their respective regulatory agencies for the approval of MRI compatible devices.

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Similarly, the Asia-Pacific MRI compatible patient monitoring systems market is expected to grow at the fastest rate during the period 2015 – 2020. According to the OECD, in 2002, the number of MRI units per million inhabitants in Japan was 35.32, which increased to 46.87 in 2011.

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With the help of our professional corporate relations with various companies, our market research offers the most accurate market forecasting. Our analysts and consultants interact with leading companies of the concerned domain to substantiate every single data presented in our publication. Our research assists our client in identifying new and different windows of opportunity and frame informed and customized strategies for expansion in different regions.

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