Global Magnetic Resonance Imaging (MRI) Systems Market Trends, Analysis, Growth, and Forecast: 2018 to 2027

MarketResearch.biz delivers in-depth insights on the global magnetic resonance imaging (MRI) systems market in its upcoming report titled, “Global Magnetic Resonance Imaging (MRI) Systems Market Trends, Applications, Analysis, Growth, and Forecast: 2018 to 2027”. The global magnetic resonance imaging (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 target market, and the various trends, drivers, restraints, opportunities, and threats till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global magnetic resonance imaging (MRI) systems market report has been segmented on the basis of type, field strength, application, and region.

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Magnetic resonance imaging is a non-invasive diagnostic technique that used for imaging of soft tissues such as spinal cord, muscles, ligament, brain and detecting abnormal tissues such as tumor. The MRI scan is a painless and safe scan that produces clearer images of the body and its tissues. It is used for diagnosis, treatment monitoring, and disease detection. It produces better image resolution as compared to computed tomography and X-rays.

Rapidly growing ageing population is a major factor expected to boost the growth of global magnetic resonance imaging (MRI) systems market over the forecast period. Continuous innovation by manufacturers in magnetic resonance imaging system that provides accuracy, image precision is other factor expected to boost the market growth over the forecast period. Increasing number of cases of cardiovascular diseases, cancer, and neurological disorder is expected to contribute to the market growth over the forecast period.

However, magnetic resonance imaging systems are expensive and the process is time consuming as compared to other methods such as computed tomography and X-rays which is a major factor expected to restraint growth of the global magnetic resonance imaging (MRI) systems market over the forecast period.

North America market is expected to dominate the global magnetic resonance imaging (MRI) systems market in terms of revenue contribution as compared to that of markets in other regions. This is attributed to presence of well-developed healthcare infrastructure and high adoption of advance technologies in the region. Europe accounts for second-largest revenue share contribution to the global magnetic resonance imaging (MRI) systems market, followed by markets in the Asia Pacific, Latin America, and the Middle East & Africa respectively. The market in the Asia Pacific is projected to register comparatively faster growth in terms of revenue over the next 10 years, owing to the developing healthcare infrastructure, rapidly growing ageing population, and increasing incidences of chronic diseases in the region.

Global Magnetic Resonance Imaging (MRI) Systems Market Segmentation:

Global market segmentation, by type:

• Open MRI systems
• Closed MRI systems

Global market segmentation, by field strength:

• Low
• Mid
• High

Global market segmentation, by application:

• Spine and musculoskeletal MRI
• Brain and neurological MRI
• Vascular MRI
• Pelvic and Abdominal MRI
• Breast MRI
• Cardiac MRI

Global market segmentation, by region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa