MRI Systems Market to Surpass USD 6 Billion by 2018, Forecasts GBI Research

04 Apr 2013 • by Natalie Aster

The global Magnetic Resonance Imaging (MRI) systems market is expected to exceed $6 billion by 2018 and future growth will be driven by technological advances in MRI systems, an increasing number of applications and the advent of MRI-compatible pacemakers. Technological advances include Superconducting (SC) magnets, open architecture and high-field MRI. These advances provide benefits such as enhanced image quality, cost savings in power consumption, and better patient comfort.

Fusion technologies are expected to drive the long-term growth of the MRI systems market. One example is MRI/PET. MRI systems produce morphological and functional images while Positron Emission Tomography (PET) produces images of increased metabolic activity in diseased tissues. MRI/PET combines these advantages, which was previously difficult due to the heavy magnetic field and lack of space in MRI systems. Siemens Healthcare's Biograph mMR became the first ever fully integrated MRI/PET device to be approved by the Food and Drug Administration (FDA). MRI/PET examination takes an acquisition time of 30 minutes compared to 1.5 hours for sequential MRI and PET examinations. This shorter examination time reduces costs and also minimizes the dose of radioactive material. This is expected to increase future demand for such MRI systems..

The report “MRI Systems Market to 2018 - Technological advancements, Increasing Number of Applications and Advent of MRI Compatible Pacemakers to Drive Future Growth” by GBI Research provides key data, information and analysis on the global MRI systems market. The report provides the market landscape, competitive landscape and market trends on the three MRI systems market segments: low-field MRI systems, mid-field MRI systems and high-field MRI systems segments. The report provides comprehensive information on the key trends affecting these segments, and key analytical content on the market dynamics. The report also reviews the competitive landscape and gives a detailed analysis of the pipeline products in each segment. In addition, it reviews details regarding important merger and acquisition deals that have taken place in the global MRI systems market.

Report Details:

MRI Systems Market to 2018 - Technological advancements, Increasing Number of Applications and Advent of MRI Compatible Pacemakers to Drive Future Growth
Published: March, 2013
Pages: 62
Price: US$ 3,500.00

More information can be found in the report “MRI Systems Market to 2018 - Technological advancements, Increasing Number of Applications and Advent of MRI Compatible Pacemakers to Drive Future Growth” by GBI Research.

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