Global Magnetic Resonance Imaging (MRI) System Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2025

The global magnetic resonance imaging (MRI) system market research report provides detailed information about the industry based on the revenue (USD MN) for the forecast period. The research study is a descriptive analysis of this market emphasizing the market drivers and restraints that govern the overall market growth. The trends and future prospects for the market are also included in the report, which gives an intellectual understanding of the MRI system industry. Furthermore, the report quantifies the market share held by the major players of the industry and provides an in-depth view of the competitive landscape. This market is classified into different segments with detailed analysis of each with respect to geography for the study period.
 
Study period considered for research of global MRI system market:

• Base Year: 2018
• Estimated Year: 2019
• Forecast Till: 2025

 
A glimpse of the major drivers and restraints affecting the MRI system market is mentioned below:
 
Drivers

• Rising geriatric population
• Technological advancements

 
Restraints

• High cost of MRI systems

 
The report offers a value chain analysis that gives a comprehensive outlook of the MRI system market. The attractiveness analysis of this market has also been included to evaluate the segments that are anticipated to be profitable during the forecast period.
 
The MRI system market has been segmented based on architecture such closed MRI systems and open MRI systems. The study incorporates periodic market estimates and forecasts. Each architecture has been analyzed based on the market size at regional and country levels.
 
The MRI system market has been segmented based on field strength such as low-to-mid-field MRI systems (<1.5T), high-field MRI systems (1.5T to 3T), very-high-field MRI systems (4T to 6T) and ultra-high-field MRI systems (7T and above). High-Field MRI Systems (1.5T to 3T) is further bifurcated as 1.5T MRI Systems and 3T MRI Systems. The study incorporates periodic market estimates and forecasts. Each field strength has been analyzed based on the market size at regional and country levels.
 
The MRI system market has been segmented based on applications such as brain and neurological MRI, spine and musculoskeletal MRI, vascular MRI, pelvic and abdominal MRI, breast MRI and cardiac MRI. The report provides forecast and estimates for each application in terms of market size during the study period. Each application has been further analyzed based on regional and country levels.
 
Geographically, the MRI system market has been segmented into regions such as North America, Europe, Asia Pacific and Rest of the World. The study details country-level aspects based on each segment and gives estimates in terms of market size.
 
The report also studies the competitive landscape of the global market with company profiles of players such as Aurora Imaging Technology, Inc., Bruker Corporation, Esaote S.P.A, Fonar Corporation, GE Healthcare, Hitachi Medical Systems, Neusoft Medical Systems Co., Ltd., Philips Healthcare, Siemens Healthcare and Toshiba Medical Systems Corporation. A detailed description of each has been included, with information in terms of headquarters, inception, stock listing, upcoming capacities, key mergers & acquisitions, financial overview, and recent developments. This analysis gives a thorough idea about the competitive positioning of market players. The report also gives information of MRI system market’s mergers/acquisitions, partnerships, collaborations, new product launches, new product developments and other industry developments.
 
METHODOLOGY:
A combination of primary and secondary research has been used to determine the market estimates and forecasts. Sources used for secondary research include (but not limited to) Paid Data Sources, Company Websites, Technical Journals, Annual Reports, SEC Filings and various other industry publications. Specific details on methodology used for this report can be provided on demand.
 
SEGMENTATIONS IN REPORT:
MRI System Market Analysis by Architecture:

• Closed MRI Systems
• Open MRI Systems

 
MRI System Market Analysis by Field Strength:

• Low-To-Mid-Field MRI Systems (<1.5T)
• High-Field MRI Systems (1.5T to 3T)
  • 1.5T MRI Systems
  • 3T MRI Systems
• Very-High-Field MRI Systems (4T to 6T)
• Ultra-High-Field MRI Systems (7T and Above)

 
MRI System Market Analysis by Applications:

• Brain and Neurological MRI
• Spine and Musculoskeletal MRI
• Vascular MRI
• Pelvic and Abdominal MRI
• Breast MRI
• Cardiac MRI

 
MRI System Market Analysis by Geography:

• North America
• Europe
• Asia Pacific
• Rest of the World