Global Closed MRI Systems Market Trends, Applications, Analysis, Growth, and Forecast to 2027
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May 2023
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MarketResearch.biz delivers in-depth insights on the global closed MRI systems market in its upcoming report titled, “Global Closed MRI Systems Market Trends, Applications, Analysis, Growth, and Forecast to 2027”. The global closed MRI systems market is estimated to register a CAGR of X.X% in terms of value during forecast period 2018–2027. The report offers in-depth insights, revenue details, and other vital information regarding the global closed MRI systems market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2027. The report offers insightful and detailed information regarding the various key players operating in the global closed MRI systems market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global closed MRI systems market report has been segmented on the basis of field strength, application, and region.
Magnetic Resonance Imaging (MRI) is a technique used in radiology to capture images of physiological processes in body. Closed MRI system is a tube-like tunnel with high field strength used to obtain greater resolution and thinner slices for a more accurate diagnosis. Moreover, it is helpful to study smaller parts of body, and to perform patient body scan faster than other MRI systems. Furthermore, closed MRI systems uses magnetic field and radio waves that screen and diagnose various diseases, such as multiple sclerosis (MS), cartilage degeneration in the knee, breast cancer, dementia, prostate cancer, and spinal tuberculosis among others.
Growing aging population and awareness among people about benefits of MRI scanning are key factors driving the growth of global closed MRI system market. In addition, technological advancements like low field strength, high field strength MRI systems and increasing health awareness in developed countries are all major factors driving the global closed MRI systems market.
However, the high cost of MRI systems and declining reimbursement rates for MRI procedures are primary factors restraining the growth of the global closed MRI systems market. Moreover, reduction in the availability of helium that could act as an alternative for magnets in the MRI systems, and inadequate appropriate infrastructure are major factors hampering growth of the global closed MRI systems market.
Currently, the market in North America dominates the global closed MRI systems market in revenue terms owing to the availability of appropriate infrastructure, high awareness levels among the general population about health care, and high amount of disposable income in the region. Europe is currently holding second-largest market followed by Asia Pacific. The market in Asia Pacific is expected to witness relatively high growth over the forecast period owing to rapid growth in infrastructure, availability of appropriate healthcare setup and growing awareness about early diagnosis among the general population. Emerging economies in the Asia Pacific such as India and China are expected to expand the highest over the forecast period.
Global Closed MRI Systems Market Segmentation:
Global closed MRI systems market segmentation by field strength:
- Low-To-Mid Field
- High Field
- Very High Field
- Ultra-High Field
Global closed MRI systems market segmentation by application:
- Brain
- Spine
- Cardiac
- Breast
- Abdominal
Global closed MRI systems market segmentation by region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn -
- GE Healthcare
- Philips Healthcare
- Siemens Healthcare
- Toshiba Medical Systems
- Imris Inc.
- Fonar Corporation
- Esaote S.P.A.
- Hitachi Medical Corporation
- Neusoft Medical System
- Aurora Medical Imaging
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