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Magnetic Resonance Imaging Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2022

Magnetic Resonance Imaging Industry: Forecasts to 2022

  • November 2017
  • 170 pages
  • ID: 5210102
In this report:
Rising at a CAGR of ##.##% during 2017 - 2022, the market is expected to generate a revenue of US$##,##.## Mn by the end of the 2022.
The research presents an attractive analysis of key segments pertaining to product type, end user, and application types, which helps participants gain a reliable insight into overall market trajectory over the forecast period of 2017–2022.


Table of Contents

Global Magnetic Resonance Imaging Market: Summary

The analysis on the overall magnetic resonance imaging market affords detailed insights into the main growth dynamics, notable trends and alternatives, new technological advances, reimbursement scenario, and the ambitious landscape. It affords a critical evaluation of the presence of top market players in different regions by charting an intuitive intensity map and examines the regional and country-wide factors affecting the industry demand. The industry research presents an engaging analysis of main segments pertaining to product type, end user, and application types, which helps participants gain a reliable insight into global market trajectory over the forecast period of 2017-2022. The findings are helpful in identifying imminent investment pockets in several regions and will greatly facilitate market actors in designing strong strategies for their growth.

The overall magnetic resonance imaging market's estimated worth is pegged at US$6,611.0 Mn by 2017 end. Growing at a Compound annual growth rate of 6.60 percent during 2017 - 2022, the sector is forecast to generate a revenue of US$9,120.8 Mn by the end of the 2022.

Global Magnetic Resonance Imaging Market: Dynamics

The market research affords a in-depth dynamics of the overall magnetic resonance imaging market during 2017-2022. It affords a exhaustive assessment of different regional and overall factors impacting the sector demand for magnetic resonance imaging during the estimate period. The analysis assesses the prevailing business framework in several regions and highlights factors that shape the strategies of players in these areas.

The market demand for MRI modality is driven by the adoption of non-invasive diagnostic techniques for the identification of different diseases and disorders, containing chronic ones. The rise in geriatric population and the increasing incidence of neurological disorders in a number of developing and developed territories is a notable trend stoking the industry demand for MRI. The increasing use of this modality for neurosurgical planning and superior visualization of anatomical structures of brain are top factors accentuating the industry. The depleting reserves of helium gas used for cooling semiconductor magnets in MRI machines is a worldwide concern likely to negatively impact the growth of the market to some extent. Nevertheless, different cryogen are acting as promising substitutes to overcome this constraint. Moreover, the advent of advanced scanning technology will expectedly improve the lesion visualization and offer superior spectral resolutions.

Global Magnetic Resonance Imaging Market: Segmentation

The report takes a closer look the share and size of several segments highlighting the factors anticipated to drive the main ones during the outlook period. The market research also offers a in-depth comparison of their revenue and share by charting year-over-year growth during the historical period of 2012-2017.

The research segments the global magnetic resonance imaging market based on product type, end user, application type, strength type, and region.

Based on product type, the report further segments the market into less than 0.5T MRI, 1.5 T MRI, 3T MRI, and others. Of these, the 1.5 T MRI is forecast to be the leading segment overall the assessment timeline.

Established on end user, the document breaks down the market into hospitals, ambulatory surgical centers, and diagnostic imaging centers. Based on application type, the study farther segments the market into orthopedic, spine, neurology, cardiovascular, head and neck, abdominal and prostate, and others.

Based on strength type, the industry report divides the sector into low-field MRI, mid-field MRI, and high-field MRI. Established on area, the document breaks down the market into North America (NA), Latin America area, the Middle East (ME) and African continent, Europe (EU), Asia Pacific excluding Japan, and Japan (JP). Of these, North America continent is set to dominate the overall market overall the forecast timeline.

Firms decribed in the study are:

The analysis affords an comprehensive profile of different players, takes a closer look at their main offerings, and highlights main strategies approved by them to consolidate their positions. Leading companies decribed in the market research are Siemens Healthineers, Koninklijke Philips N.V., Toshiba Medical Systems Corporation, GE Healthcare, Esaote SpA, Hitachi Medical Systems, Neusoft Corporation, and Xingaoyi.

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