Businesses in the industry are always concentrating on tactics like joint ventures and the The market for Magnetic Resonance Imaging Systems Market is expected to increase rapidly worldwide. Although Magnetic Resonance Imaging Systems Market have made great strides, one of the main obstacles to their clinical application is the laborious process of converting them into practical clinical assays. This market is expected to rise due to reasons like rising healthcare costs, more funding for research and development, the growing use of biomarkers for diagnostic purposes, and an increase in Magnetic Resonance Imaging Systems Market research.
The scale of the Magnetic Resonance Imaging Systems Market was verified, and the sizes of several other dependent submarkets were estimated, using both top-down and bottom-up methods. Secondary research was used to identify the market’s major participants, and primary and secondary research was used to calculate their market revenues. While primary research involved in-depth interviews with important opinion leaders like CEOs, directors, and marketing executives, secondary research involved examining the annual and financial reports of major market competitors. Primary sources were used to verify the segment % splits, shares, and breakdowns that were calculated from secondary sources. This report presents the combined data together with in-depth inputs and analysis from us.
Research Methodology:
After secondary research provided a fundamental understanding of the worldwide Magnetic Resonance Imaging Systems Market scenario, extensive primary research was carried out. A number of primary interviews were carried out with industry experts from the supply and demand sides, including C- and D-level executives, product managers, and marketing and sales managers of major manufacturers, distributors, and channel partners from tier 1 and tier 2 companies offering Magnetic Resonance Imaging Systems Market details, as well as personnel from academia, research, and CROs. These interviews were conducted across five major regions: North America, Europe, Asia Pacific, and the Rest of the World (Latin America & the Middle East & Africa). Participants from the supply-side and demand-side participated in about 70% and 30% of the primary interviews, respectively. Through the use of questionnaires, emails, online surveys, in-person interviews, and phone interviews, this main data was gathered.
Magnetic Resonance Imaging Systems Market based on Architecture Type:
- Open MRI Systems
- Closed MRI Systems
Magnetic Resonance Imaging Systems Market based on Field strength:
- Low-field Systems
- High-field Systems
- Medium-field Systems
Magnetic Resonance Imaging Systems Market based on Geography:
- North America
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Rest of Europe (RoE)
- Asia Pacific (APAC)
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia Pacific (RoAPAC)
- Latin America (LATAM)
- Brazil
- Argentina
- Rest of South America
- Middle East and Africa (MEA)
- UAE
- Turkey
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
High development potential exists in developing economies for major MRI systems market players. High growth potential is provided by developing economies including South Africa, Turkey, Russia, China, Brazil, South Korea, and India. For example, the Ayushman Bharat program, an insurance policy, was introduced by the Indian government. The necessity for early detection is demonstrated by the greater death rates and higher incidence of chronic diseases, such as stroke, cancer, and neurological and cardiovascular diseases, in these nations. For example, according to GLOBOCAN 2020 data, developing countries account for slightly more than half of the world’s cancer cases. To increase their presence in this area, the major market players are implementing a variety of growth tactics. The regulatory agencies in the Asia-Pacific area are relatively more accommodating and flexible. In addition, favorable public and corporate policies that improve access to MR imaging—including the availability of reimbursement—come hand in hand with the expansion of emerging economies.
Technical know-how and practical experience are essential for operating complex and sophisticated MRI systems. However, there is a chronic lack of qualified sonographers in key healthcare markets (the US, UK, Canada, and Australia). The US Bureau of Labor Statistics projects that between 2021 and 2031, there will be a 10% increase in demand for diagnostic medical sonographers—a quicker rate of growth than the average for all other occupations. In 2020, Sao Paulo, Brazil had ten radiologists for every 100,000 people, while less than three radiologists were found for every 100,000 people in the northern region of the nation.
The market for MRI systems is divided into three categories based on field strength: ultra-high-field, high and very-high-field, and low-to-mid-field systems. The category of high- and very-high-field MRI systems held the biggest market share in 2022. The market is growing because more sophisticated instruments are being used to enable precise diagnosis and because more sensitive systems are now available.
The brain and neurological MRI, spine and musculoskeletal MRI, pelvic and abdominal MRI, vascular MRI, breast MRI, cardiac MRI, and other applications are the different segments of the MRI systems market based on application. Throughout the forecast period, the MRI systems market by application with the highest growth rate is expected to be the brain and neurological MRI sector. The sophisticated AI features and growing usage of cutting-edge equipment that enables accurate targeting of internal organs supporting real-time imaging are the main causes of this segment’s greatest growth rate.
The market for MRI systems is divided into open and closed categories based on architecture. In 2022, the closed MRI systems category had the biggest market share. The high picture quality produced by wide-bore MRI systems and the new products introduced by the major market players are responsible for this segment’s sizeable market share.
The global market for MRI systems is divided into hospitals, diagnostic imaging centers, and other end users based on the end user. The hospital category held the biggest market share in 2022. The largest portion of this market is explained by the growing use of sophisticated MRI machines in hospitals for precise diagnosis and raising awareness of early diagnosis. The increasing number of imaging procedures carried out in hospitals, the new product introductions, and the growing use of sophisticated systems with better features in hospitals supporting patient care are the main causes of this.
In 2022, the region with the biggest market share for MRI systems was Asia Pacific. A favorable financing situation and a rise in applications in the healthcare industry are two examples of factors encouraging installations by end-user institutions. The region’s rapidly aging population and the opening of diagnostic imaging facilities are driving the market’s expansion.
- This report illustrates the most vital attributes of the Magnetic Resonance Imaging Systems Market, which are driving and providing opportunities.
- This research gives an in-depth analysis of the Magnetic Resonance Imaging Systems Market growth on the basis of several segments in the market.
- This report presents the predictions of the past and present trends of the Magnetic Resonance Imaging Systems Market.
- This study also presents the competitive analysis, such as key strategies and capabilities of major players of the Magnetic Resonance Imaging Systems Market.
Methodology
Infoholic Research works on a holistic 360° approach in order to deliver high quality, validated and reliable information in our market reports. The Market estimation and forecasting involves following steps:
- Data Collation (Primary & Secondary)
- In-house Estimation (Based on proprietary data bases and Models)
- Market Triangulation
- Forecasting
List of Tables
TABLE 1. MAGNETIC RESONANCE IMAGING SYSTEMS MARKET VALUE, BY ARCHITECTURE TYPE, 2021-2030 (USD BILLION)
TABLE 2. MAGNETIC RESONANCE IMAGING SYSTEMS MARKET VALUE FOR OPEN MRI SYSTEMS, BY GEOGRAPHY, 2021-2030 (USD BILLION)
TABLE 3. MAGNETIC RESONANCE IMAGING SYSTEMS MARKET VALUE FOR CLOSED MRI SYSTEMS, BY GEOGRAPHY, 2021-2030 (USD BILLION)
TABLE 4. MAGNETIC RESONANCE IMAGING SYSTEMS MARKET VALUE, BY FIELD STRENGTH, 2021-2030 (USD BILLION)
TABLE 5. MAGNETIC RESONANCE IMAGING SYSTEMS MARKET VALUE FOR LOW-FIELD SYSTEMS, 2021-2030 (USD BILLION)
TABLE 6. MAGNETIC RESONANCE IMAGING SYSTEMS MARKET VALUE FOR HIGH-FIELD SYSTEMS, 2021-2030 (USD BILLION)
TABLE 7. MAGNETIC RESONANCE IMAGING SYSTEMS MARKET VALUE FOR MEDIUM-FIELD SYSTEMS, 2021-2030 (USD BILLION)
TABLE 8. NORTH AMERICA MAGNETIC RESONANCE IMAGING SYSTEMS MARKET VALUE, BY COUNTRY, 2021-2030 (USD BILLION)
TABLE 9. NORTH AMERICA MAGNETIC RESONANCE IMAGING SYSTEMS MARKET VALUE, BY ARCHITECTURE TYPE, 2021-2030 (USD BILLION)
TABLE 10. NORTH AMERICA MAGNETIC RESONANCE IMAGING SYSTEMS MARKET VALUE, BY FIELD STRENGTH, 2021-2030 (USD BILLION)
TABLE 11. U.S MAGNETIC RESONANCE IMAGING SYSTEMS MARKET VALUE, BY ARCHITECTURE TYPE, 2021-2030 (USD BILLION)
TABLE 12. U.S MAGNETIC RESONANCE IMAGING SYSTEMS MARKET VALUE, BY FIELD STRENGTH, 2021-2030 (USD BILLION)
TABLE 13. U.S MAGNETIC RESONANCE IMAGING SYSTEMS MARKET VALUE, BY DISEASE INDICATION, 2021-2030 (USD BILLION)
TABLE 14. CANADA MAGNETIC RESONANCE IMAGING SYSTEMS MARKET VALUE, BY ARCHITECTURE TYPE, 2021-2030 (USD BILLION)
TABLE 15. CANADA MAGNETIC RESONANCE IMAGING SYSTEMS MARKET VALUE, BY FIELD STRENGTH, 2021-2030 (USD BILLION)
TABLE 16. MEXICO MAGNETIC RESONANCE IMAGING SYSTEMS MARKET VALUE, BY ARCHITECTURE TYPE, 2021-2030 (USD BILLION)
TABLE 17. MEXICO MAGNETIC RESONANCE IMAGING SYSTEMS MARKET VALUE, BY FIELD STRENGTH, 2021-2030 (USD BILLION)
TABLE 18. EUROPE MAGNETIC RESONANCE IMAGING SYSTEMS MARKET VALUE, BY COUNTRY, 2021-2030 (USD BILLION)
TABLE 19. EUROPE MAGNETIC RESONANCE IMAGING SYSTEMS MARKET VALUE, BY ARCHITECTURE TYPE, 2021-2030 (USD BILLION)
TABLE 20. EUROPE MAGNETIC RESONANCE IMAGING SYSTEMS MARKET VALUE, BY FIELD STRENGTH, 2021-2030 (USD BILLION)
TABLE 21. GERMANY MAGNETIC RESONANCE IMAGING SYSTEMS MARKET VALUE, BY ARCHITECTURE TYPE, 2021-2030 (USD BILLION)
TABLE 22. GERMANY MAGNETIC RESONANCE IMAGING SYSTEMS MARKET VALUE, BY FIELD STRENGTH, 2021-2030 (USD BILLION)
TABLE 23. U.K MAGNETIC RESONANCE IMAGING SYSTEMS MARKET VALUE, BY ARCHITECTURE TYPE, 2021-2030 (USD BILLION)
TABLE 24. U.K MAGNETIC RESONANCE IMAGING SYSTEMS MARKET VALUE, BY FIELD STRENGTH, 2021-2030 (USD BILLION)
TABLE 25. FRANCE MAGNETIC RESONANCE IMAGING SYSTEMS MARKET VALUE, BY ARCHITECTURE TYPE, 2021-2030 (USD BILLION)
TABLE 26. FRANCE MAGNETIC RESONANCE IMAGING SYSTEMS MARKET VALUE, BY FIELD STRENGTH, 2021-2030 (USD BILLION)
TABLE 27. ITALY MAGNETIC RESONANCE IMAGING SYSTEMS MARKET VALUE, BY ARCHITECTURE TYPE, 2021-2030 (USD BILLION)
TABLE 28. ITALY MAGNETIC RESONANCE IMAGING SYSTEMS MARKET VALUE, BY FIELD STRENGTH, 2021-2030 (USD BILLION)
TABLE 29. SPAIN MAGNETIC RESONANCE IMAGING SYSTEMS MARKET VALUE, BY ARCHITECTURE TYPE, 2021-2030 (USD BILLION)
TABLE 30. SPAIN MAGNETIC RESONANCE IMAGING SYSTEMS MARKET VALUE, BY FIELD STRENGTH, 2021-2030 (USD BILLION)
TABLE 31. ROE MAGNETIC RESONANCE IMAGING SYSTEMS MARKET VALUE, BY ARCHITECTURE TYPE, 2021-2030 (USD BILLION)
TABLE 32. ROE MAGNETIC RESONANCE IMAGING SYSTEMS MARKET VALUE, BY FIELD STRENGTH, 2021-2030 (USD BILLION)
TABLE 33. ASIA PACIFIC MAGNETIC RESONANCE IMAGING SYSTEMS MARKET VALUE, BY COUNTRY, 2021-2030 (USD BILLION)
TABLE 34. ASIA PACIFIC MAGNETIC RESONANCE IMAGING SYSTEMS MARKET VALUE, BY ARCHITECTURE TYPE, 2021-2030 (USD BILLION)
TABLE 35. ASIA PACIFIC MAGNETIC RESONANCE IMAGING SYSTEMS MARKET VALUE, BY FIELD STRENGTH, 2021-2030 (USD BILLION)
TABLE 36. CHINA MAGNETIC RESONANCE IMAGING SYSTEMS MARKET VALUE, BY ARCHITECTURE TYPE, 2021-2030 (USD BILLION)
TABLE 37. CHINA MAGNETIC RESONANCE IMAGING SYSTEMS MARKET VALUE, BY FIELD STRENGTH, 2021-2030 (USD BILLION)
TABLE 38. INDIA MAGNETIC RESONANCE IMAGING SYSTEMS MARKET VALUE, BY ARCHITECTURE TYPE, 2021-2030 (USD BILLION)
TABLE 39. INDIA MAGNETIC RESONANCE IMAGING SYSTEMS MARKET VALUE, BY FIELD STRENGTH, 2021-2030 (USD BILLION)
TABLE 40. JAPAN MAGNETIC RESONANCE IMAGING SYSTEMS MARKET VALUE, BY ARCHITECTURE TYPE, 2021-2030 (USD BILLION)
TABLE 41. JAPAN MAGNETIC RESONANCE IMAGING SYSTEMS MARKET VALUE, BY FIELD STRENGTH, 2021-2030 (USD BILLION)
TABLE 42. REST OF APAC MAGNETIC RESONANCE IMAGING SYSTEMS MARKET VALUE, BY ARCHITECTURE TYPE, 2021-2030 (USD BILLION)
TABLE 43. REST OF APAC MAGNETIC RESONANCE IMAGING SYSTEMS MARKET VALUE, BY FIELD STRENGTH, 2021-2030 (USD BILLION)
TABLE 44. LATIN AMERICA MAGNETIC RESONANCE IMAGING SYSTEMS MARKET VALUE, BY ARCHITECTURE TYPE, 2021-2030 (USD BILLION)
TABLE 45. LATIN AMERICA MAGNETIC RESONANCE IMAGING SYSTEMS MARKET VALUE, BY FIELD STRENGTH, 2021-2030 (USD BILLION)
TABLE 46. BRAZIL MAGNETIC RESONANCE IMAGING SYSTEMS MARKET VALUE, BY ARCHITECTURE TYPE, 2021-2030 (USD BILLION)
TABLE 47. BRAZIL MAGNETIC RESONANCE IMAGING SYSTEMS MARKET VALUE, BY FIELD STRENGTH, 2021-2030 (USD BILLION)
TABLE 48. ARGENTINA MAGNETIC RESONANCE IMAGING SYSTEMS MARKET VALUE, BY ARCHITECTURE TYPE, 2021-2030 (USD BILLION)
TABLE 49. ARGENTINA MAGNETIC RESONANCE IMAGING SYSTEMS MARKET VALUE, BY FIELD STRENGTH, 2021-2030 (USD BILLION)
TABLE 50. MIDDLE EAST AND AFRICA MAGNETIC RESONANCE IMAGING SYSTEMS MARKET VALUE, BY ARCHITECTURE TYPE, 2021-2030 (USD BILLION)
TABLE 51. MIDDLE EAST AND AFRICA MAGNETIC RESONANCE IMAGING SYSTEMS MARKET VALUE, BY FIELD STRENGTH, 2021-2030 (USD BILLION)
TABLE 52. SAUDI ARABIA MAGNETIC RESONANCE IMAGING SYSTEMS MARKET VALUE, BY ARCHITECTURE TYPE, 2021-2030 (USD BILLION)
TABLE 53. SAUDI ARABIA MAGNETIC RESONANCE IMAGING SYSTEMS MARKET VALUE, BY FIELD STRENGTH, 2021-2030 (USD BILLION)
TABLE 54. UAE MAGNETIC RESONANCE IMAGING SYSTEMS MARKET VALUE, BY ARCHITECTURE TYPE, 2021-2030 (USD BILLION)
TABLE 55. UAE MAGNETIC RESONANCE IMAGING SYSTEMS MARKET VALUE, BY FIELD STRENGTH, 2021-2030 (USD BILLION)
TABLE 56. REST OF MIDDLE EAST AND AFRICA MAGNETIC RESONANCE IMAGING SYSTEMS MARKET VALUE, BY ARCHITECTURE TYPE, 2021-2030 (USD BILLION)
TABLE 57. REST OF MIDDLE EAST AND AFRICA MAGNETIC RESONANCE IMAGING SYSTEMS MARKET VALUE, BY FIELD STRENGTH, 2021-2030 (USD BILLION)
TABLE 58. BARCO N.V.: FINANCIALS
TABLE 59. BARCO N.V.: PRODUCTS & SERVICES
TABLE 60. BARCO N.V.: RECENT DEVELOPMENTS
TABLE 61. GENERAL ELECTRIC COMPANY : FINANCIALS
TABLE 62. GENERAL ELECTRIC COMPANY : PRODUCTS & SERVICES
TABLE 63. GENERAL ELECTRIC COMPANY : RECENT DEVELOPMENTS
TABLE 64. HITACHI, LTD.: FINANCIALS
TABLE 65. HITACHI, LTD.: PRODUCTS & SERVICES
TABLE 66. HITACHI, LTD.: RECENT DEVELOPMENTS
TABLE 67. HOLOGIC INC.: FINANCIALS
TABLE 68. HOLOGIC INC.: PRODUCTS & SERVICES
TABLE 69. HOLOGIC INC.: RECENT DEVELOPMENTS
TABLE 70. KONINKLIJKE PHILIPS N.V.: FINANCIALS
TABLE 71. KONINKLIJKE PHILIPS N.V.: PRODUCTS & SERVICES
TABLE 72. KONINKLIJKE PHILIPS N.V.: RECENT DEVELOPMENTS
TABLE 73. NORDION INC.: FINANCIALS
TABLE 74. NORDION INC.: PRODUCTS & SERVICES
TABLE 75. NORDION INC.: RECENT DEVELOPMENTS
TABLE 76. ONEX CORPORATION : FINANCIALS
TABLE 77. ONEX CORPORATION : PRODUCTS & SERVICES
TABLE 78. ONEX CORPORATION : DEVELOPMENTS
TABLE 79. SHIMADZU CORPORATION: FINANCIALS
TABLE 80. SHIMADZU CORPORATION: PRODUCTS & SERVICES
TABLE 81. SHIMADZU CORPORATION: RECENT DEVELOPMENTS
TABLE 82. SIEMENS AG : FINANCIALS
TABLE 83. SIEMENS AG : PRODUCTS & SERVICES
TABLE 84. SIEMENS AG : RECENT DEVELOPMENTS
TABLE 85. TOSHIBA CORPORATION: FINANCIALS
TABLE 86. TOSHIBA CORPORATION: PRODUCTS & SERVICES
TABLE 87. TOSHIBA CORPORATION: RECENT DEVELOPMENTS
