Magnetic Resonance Imaging (MRI) Market, 2012 to 2023
Market Outline: Magnetic Resonance Imaging (MRI) Market
Magnetic Resonance Imaging (MRI) is a non-invasive advanced diagnostic tool for disorders and diseases related to spine lesions, central nervous system, tumours, soft tissues, and other organs of the body. MRI produces high-quality images of tissues and body organs by applying the magnetic field strength and these images provide the information about the human body system. The quality of images produced by MRI depends on the magnetic field strength of the device. High field strength MRI produce clear images when compared with remaining magnetic resonance imaging devices. The images produced by magnetic resonance imaging system (MRI) systems give a clear information compared with other images such computed tomography (CT), X-ray, and ultrasound techniques.
Market Dynamics: Magnetic Resonance Imaging (MRI) Market
Increase in the global geriatric population, the rise in prevalence of chronic diseases such as neurological, cardiovascular, and other orthopaedic disorders, and technological advancements such as high field strength MRIs are anticipated to fuel the Magnetic Resonance Imaging (MRI) market over the forecast period. Moreover, increase in preference for non-invasive or minimally invasive diagnostic procedures, the rise in awareness about health in developing and developed countries, and the wide range of applications of MRI devices are propelling the magnetic resonance imaging (MRI) market. However, the high cost of the diagnostic procedure, unfavourable reimbursement policies, the rise in competition from cost-effective imaging procedures, and lack of skilled professionals are expected to hinder the growth of magnetic resonance imaging (MRI) market over the forecast years.
Market Scope: Magnetic Resonance Imaging (MRI) Market
Magnetic resonance imaging (MRI) market is segmented on the basis of design, magnetic field strength, application, end user, and region
Based on the design, market is segmented into the following
Open MRI Systems
Closed MRI Systems
Based on the magnetic field strength, market is segmented into the following
Low to midfield strength MRI systems (less than 1.5 Tesla)
High field strength MRI systems (1.5-3Tesla)
Very high field strength MRI systems (4-6Tesla)
Ultra-high field strength MRI systems (7 Tesla and above)
Based on the application, the market is segmented into the following
Brain and Neurological MRI System
Abdominal MRI System
Spine and Musculoskeletal MRI System
Vascular MRI System
Pelvic MRI System
Cardiac MRI System
Others
Based on the end user, the market is segmented into the following:
Hospitals
Ambulatory Surgical Centers
Diagnostic Centers
Based on region, the market is segmented into the following:
North America
Europe
Asia Pacific
Latin America
Middle East and Africa
Market Summary: Magnetic Resonance Imaging (MRI) Market
Magnetic Resonance Imaging (MRI) market exhibiting lucrative growth owing to technological advancements such as innovation of newer MRI devices with high and low magnetic field strengths. Moreover, expanding the application of MRI in the various cancers screening and neurological disorders such as Alzheimer’s disease and multiple sclerosis, the rise in a number of road accidents lead to orthopaedic injuries, and need for high-resolution scanning techniques for spine and musculoskeletal injuries are expected to bolster the Magnetic Resonance Imaging (MRI) market. Furthermore, market players are adopting strategies such as acquisitions and mergers, collaborations, and launching of newer devices to garner larger market share. For instance, in July 2012, Aurora Imaging Technology, Inc. inked a distribution agreement with SUMEC Group Corporation for expanding breast MRI in China. In addition, in September 2016, GE Healthcare received market clearance for MAGnetic resonance image Compilation (MAGiC) software, a multi-contrast MRI technique that delivers eight contrasts in a single acquisition in a fraction of the time of conventional imaging.
Regional Analysis: Magnetic Resonance Imaging (MRI) Market
Geographically, global magnetic resonance imaging (MRI) market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. North America Magnetic Resonance Imaging (MRI) market growth is driven by an increase in the prevalence of neurological disorders, technological advancements in devices, well-developed healthcare infrastructure. Europe Magnetic Resonance Imaging (MRI) market exhibiting lucrative growth opportunities due to the adoption of newer technologies, rise in prevalence of chronic diseases, growing awareness about early diagnosis, an increase in healthcare expenditure in the region. Asia Pacific magnetic resonance imaging (MRI) market is poised to grow due to increase in medical tourism in China and India, availability of the large patient pool, growing per capita income, an increase in the awareness about healthcare are expected to propel the market. Latin America Magnetic Resonance Imaging (MRI) market driven by the increase in the number of road accidents and sports injuries, adoption of newer technologies, and expansion of businesses into the region. Middle East and Africa Magnetic Resonance Imaging (MRI) market growth attributed to increasing awareness about early-stage disease diagnosis, and rise in prevalence of chronic diseases in the region.
Competition Assessment: Magnetic Resonance Imaging (MRI) Market
Some of the players in the global magnetic resonance imaging (MRI) market include:
Hitachi Medical Corporation (Japan)
Siemens Healthineers (Germany)
Toshiba Medical Systems (Japan)
GE Healthcare (U.K.)
Philips Healthcare (Netherlands)
Esaote SpA (Italy)
Sanrad Medical Systems Pvt. Ltd (India)
Aurora Imaging Technology, Inc. (U.S.)
SUMEC Group Corporation (China)
Notable Market Developments: Magnetic Resonance Imaging (MRI) Market
In October 2017, Siemens Heathineers received FDA clearance for Magnetom Terra, a high field 7T MRI scanner
Magnetic Resonance Imaging (MRI) is a non-invasive advanced diagnostic tool for disorders and diseases related to spine lesions, central nervous system, tumours, soft tissues, and other organs of the body. MRI produces high-quality images of tissues and body organs by applying the magnetic field strength and these images provide the information about the human body system. The quality of images produced by MRI depends on the magnetic field strength of the device. High field strength MRI produce clear images when compared with remaining magnetic resonance imaging devices. The images produced by magnetic resonance imaging system (MRI) systems give a clear information compared with other images such computed tomography (CT), X-ray, and ultrasound techniques.
Market Dynamics: Magnetic Resonance Imaging (MRI) Market
Increase in the global geriatric population, the rise in prevalence of chronic diseases such as neurological, cardiovascular, and other orthopaedic disorders, and technological advancements such as high field strength MRIs are anticipated to fuel the Magnetic Resonance Imaging (MRI) market over the forecast period. Moreover, increase in preference for non-invasive or minimally invasive diagnostic procedures, the rise in awareness about health in developing and developed countries, and the wide range of applications of MRI devices are propelling the magnetic resonance imaging (MRI) market. However, the high cost of the diagnostic procedure, unfavourable reimbursement policies, the rise in competition from cost-effective imaging procedures, and lack of skilled professionals are expected to hinder the growth of magnetic resonance imaging (MRI) market over the forecast years.
Market Scope: Magnetic Resonance Imaging (MRI) Market
Magnetic resonance imaging (MRI) market is segmented on the basis of design, magnetic field strength, application, end user, and region
Based on the design, market is segmented into the following
Open MRI Systems
Closed MRI Systems
Based on the magnetic field strength, market is segmented into the following
Low to midfield strength MRI systems (less than 1.5 Tesla)
High field strength MRI systems (1.5-3Tesla)
Very high field strength MRI systems (4-6Tesla)
Ultra-high field strength MRI systems (7 Tesla and above)
Based on the application, the market is segmented into the following
Brain and Neurological MRI System
Abdominal MRI System
Spine and Musculoskeletal MRI System
Vascular MRI System
Pelvic MRI System
Cardiac MRI System
Others
Based on the end user, the market is segmented into the following:
Hospitals
Ambulatory Surgical Centers
Diagnostic Centers
Based on region, the market is segmented into the following:
North America
Europe
Asia Pacific
Latin America
Middle East and Africa
Market Summary: Magnetic Resonance Imaging (MRI) Market
Magnetic Resonance Imaging (MRI) market exhibiting lucrative growth owing to technological advancements such as innovation of newer MRI devices with high and low magnetic field strengths. Moreover, expanding the application of MRI in the various cancers screening and neurological disorders such as Alzheimer’s disease and multiple sclerosis, the rise in a number of road accidents lead to orthopaedic injuries, and need for high-resolution scanning techniques for spine and musculoskeletal injuries are expected to bolster the Magnetic Resonance Imaging (MRI) market. Furthermore, market players are adopting strategies such as acquisitions and mergers, collaborations, and launching of newer devices to garner larger market share. For instance, in July 2012, Aurora Imaging Technology, Inc. inked a distribution agreement with SUMEC Group Corporation for expanding breast MRI in China. In addition, in September 2016, GE Healthcare received market clearance for MAGnetic resonance image Compilation (MAGiC) software, a multi-contrast MRI technique that delivers eight contrasts in a single acquisition in a fraction of the time of conventional imaging.
Regional Analysis: Magnetic Resonance Imaging (MRI) Market
Geographically, global magnetic resonance imaging (MRI) market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. North America Magnetic Resonance Imaging (MRI) market growth is driven by an increase in the prevalence of neurological disorders, technological advancements in devices, well-developed healthcare infrastructure. Europe Magnetic Resonance Imaging (MRI) market exhibiting lucrative growth opportunities due to the adoption of newer technologies, rise in prevalence of chronic diseases, growing awareness about early diagnosis, an increase in healthcare expenditure in the region. Asia Pacific magnetic resonance imaging (MRI) market is poised to grow due to increase in medical tourism in China and India, availability of the large patient pool, growing per capita income, an increase in the awareness about healthcare are expected to propel the market. Latin America Magnetic Resonance Imaging (MRI) market driven by the increase in the number of road accidents and sports injuries, adoption of newer technologies, and expansion of businesses into the region. Middle East and Africa Magnetic Resonance Imaging (MRI) market growth attributed to increasing awareness about early-stage disease diagnosis, and rise in prevalence of chronic diseases in the region.
Competition Assessment: Magnetic Resonance Imaging (MRI) Market
Some of the players in the global magnetic resonance imaging (MRI) market include:
Hitachi Medical Corporation (Japan)
Siemens Healthineers (Germany)
Toshiba Medical Systems (Japan)
GE Healthcare (U.K.)
Philips Healthcare (Netherlands)
Esaote SpA (Italy)
Sanrad Medical Systems Pvt. Ltd (India)
Aurora Imaging Technology, Inc. (U.S.)
SUMEC Group Corporation (China)
Notable Market Developments: Magnetic Resonance Imaging (MRI) Market
In October 2017, Siemens Heathineers received FDA clearance for Magnetom Terra, a high field 7T MRI scanner
1. EXECUTIVE SUMMARY
2. GLOBAL MAGNETIC RESONANCE IMAGING (MRI) MARKET INTRODUCTION
2.1. Global Magnetic Resonance Imaging (MRI) Market – Taxonomy
2.2. Global Magnetic Resonance Imaging (MRI) Market–Definitions
2.2.1. Design
2.2.2. Magnetic Field Strength
2.2.3. Application
2.2.4. End User
2.2.5. Region
3. GLOBAL MAGNETIC RESONANCE IMAGING (MRI) MARKET DYNAMICS
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Global Magnetic Resonance Imaging (MRI) MarketDynamics – Factors Impact Analysis
3.6. Global Magnetic Resonance Imaging (MRI) MarketDynamics – Regulations
3.6.1. U.S
3.6.2. Europe
3.6.3. Japan
3.6.4. China
3.7. Global Magnetic Resonance Imaging (MRI) Market– Product Innovations
3.8. Funds Raised by the Start-ups
4. GLOBAL MAGNETIC RESONANCE IMAGING (MRI) MARKET ANALYSIS 2017 – 2025
4.1. Market Analysis and Forecast, 2017 – 2025 (Revenue, USD Mn)
4.2. Year-over-Year (Y-o-Y) Growth Analysis (%)
4.3. Market Oppurtunity Analysis
5. GLOBAL MAGNETIC RESONANCE IMAGING (MRI) MARKET, BY DESIGN, 2017 - 2023
5.1. Low to midfield strength MRI systems
5.1.1. Market Analysis and Forecast, 2017 – 2025 (Revenue, USD Mn)
5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis
5.1.3. Market Opportunity Analysis
5.2. High field strength MRI systems
5.2.1. Market Analysis and Forecast, 2017 – 2025 (Revenue, USD Mn)
5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis
5.2.3. Market Opportunity Analysis
5.3. Very high field strength MRI systems
5.3.1. Market Analysis and Forecast, 2017 – 2025 (Revenue, USD Mn)
5.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis
5.3.3. Market Opportunity Analysis
5.4. Ultra-high field strength MRI systems
5.4.1. Market Analysis and Forecast, 2017 – 2025 (Revenue, USD Mn)
5.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis
5.4.3. Market Opportunity Analysis
6. GLOBAL MAGNETIC RESONANCE IMAGING (MRI) MARKET , BY MAGNETIC FIELD STRENGTH, 2017 - 2023
6.1. Open MRI Systems
6.1.1. Market Analysis and Forecast, 2017 – 2025 (Revenue, USD Mn)
6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis
6.2.3. Market Opportunity Analysis
6.2. Closed MRI Systems
6.2.1. Market Analysis and Forecast, 2017 – 2025 (Revenue, USD Mn)
6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis
6.2.3. Market Opportunity Analysis
7. GLOBAL MAGNETIC RESONANCE IMAGING (MRI) MARKET FORECAST, BY APPLICATION, 2017 - 2023
7.1. Hospitals
7.1.1. Market Analysis and Forecast, 2017 – 2025 (Revenue, USD Mn)
7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis
7.1.3. Market Opportunity Analysis
7.2. Ambulatory Surgical Centers
7.2.1. Market Analysis and Forecast, 2017 – 2025 (Revenue, USD Mn)
7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis
7.2.3. Market Opportunity Analysis
7.3. Diagnostic Centers
7.3.1. Market Analysis and Forecast, 2017 – 2025 (Revenue, USD Mn)
7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis
7.3.3. Market Opportunity Analysis
8. GLOBAL MAGNETIC RESONANCE IMAGING (MRI) MARKET FORECAST, BY APPLICATION, 2017 - 2023
8.1. Brain and Neurological MRI System
8.1.1. Market Analysis and Forecast, 2017 – 2025 (Revenue, USD Mn)
8.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis
8.1.3. Market Opportunity Analysis
8.2. Abdominal MRI System
8.2.1. Market Analysis and Forecast, 2017 – 2025 (Revenue, USD Mn)
8.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis
8.2.3. Market Opportunity Analysis
8.3. Spine and Musculoskeletal MRI System
8.3.1. Market Analysis and Forecast, 2017 – 2025 (Revenue, USD Mn)
8.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis
8.3.3. Market Opportunity Analysis
8.4. Vascular MRI System
8.4.1. Market Analysis and Forecast, 2017 – 2025 (Revenue, USD Mn)
8.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis
8.4.3. Market Opportunity Analysis
8.5. Others
8.5.1. Market Analysis and Forecast, 2017 – 2025 (Revenue, USD Mn)
8.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis
8.5.3. Market Opportunity Analysis
9. GLOBAL MAGNETIC RESONANCE IMAGING (MRI) MARKET FORECAST, BY REGION, 2017 - 2023
9.1. North America
9.1.1. Market Analysis and Forecast, 2017 – 2025 (Revenue, USD Mn)
9.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis
9.1.3. Market Opportunity Analysis
9.2. Europe
9.2.1. Market Analysis and Forecast, 2017 – 2025 (Revenue, USD Mn)
9.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis
9.2.3. Market Opportunity Analysis
9.3. Asia-Pacific
9.3.1. Market Analysis and Forecast, 2017 – 2025 (Revenue, USD Mn)
9.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis
9.3.3. Market Opportunity Analysis
9.4. Latin America
9.4.1. Market Analysis and Forecast, 2017 – 2025 (Revenue, USD Mn)
9.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis
9.4.3. Market Opportunity Analysis
9.5. Middle East & Africa
9.5.1. Market Analysis and Forecast, 2017 – 2025 (Revenue, USD Mn)
9.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis
9.5.3. Market Opportunity Analysis
9.6. Global Magnetic Resonance Imaging (MRI) Market - Opportunity Analysis Index, By Design, Magnetic Field Strength, Application, End User and Region, 2017 – 2025
10. NORTH AMERICA MAGNETIC RESONANCE IMAGING (MRI) MARKET ANALYSIS 2017 - 2023
10.1.1.Design Analysis Forecast (2017 – 2025) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
10.1.1.1. Low to midfield strength MRI systems
10.1.1.2. High field strength MRI systems
10.1.1.3. Very high field strength MRI systems
10.1.1.4. Ultra-high field strength MRI systems
10.1.2.Magnetic Field Strength Analysis Forecast (2017 – 2025) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
10.1.2.1. Open MRI Systems
10.1.2.2. Closed MRI Systems
10.1.3.Application Analysis Forecast (2017 – 2025) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
10.1.3.1. Hospitals
10.1.3.2. Ambulatory Surgical Centers
10.1.3.3. Diagnostic Centers
10.1.4.End User Analysis Forecast (2017 – 2025) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
10.1.4.1. Brain and Neurological MRI System
10.1.4.2. Abdominal MRI System
10.1.4.3. Spine and Musculoskeletal MRI System
10.1.4.4. Vascular MRI System
10.1.4.5. Others
10.1.5. Country Analysis Forecast (2017 – 2025) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
10.1.5.1. U.S
10.1.5.2. Canada
10.1.6. North America Magnetic Resonance Imaging (MRI) Market - Opportunity Analysis Index, By Design, Magnetic Field Strength, Application, End User, and Country, 2017 – 2025
10.1.7. North America Magnetic Resonance Imaging (MRI) Market Dynamics - Trends
11. EUROPE MAGNETIC RESONANCE IMAGING (MRI) MARKET ANALYSIS 2017 - 2023
11.1.1.Design Analysis Forecast (2017 – 2025) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
11.1.1.1. Low to midfield strength MRI systems
11.1.1.2. High field strength MRI systems
11.1.1.3. Very high field strength MRI systems
11.1.1.4. Ultra-high field strength MRI systems
11.1.2.Magnetic Field Strength Analysis Forecast (2017 – 2025) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
11.1.2 Open MRI Systems
11.1.2.1. Closed MRI Systems
11.1.3.Application Analysis Forecast (2017 – 2025) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
11.1.3.1. Hospitals
11.1.3.2. Ambulatory Surgical Centers
11.1.3.3. Diagnostic Centers
11.1.4.End User Analysis Forecast (2017 – 2025) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
11.1.4.1. Brain and Neurological MRI System
11.1.4.2. Abdominal MRI System
11.1.4.3. Spine and Musculoskeletal MRI System
11.1.4.4. Vascular MRI System
11.1.4.5. Others
11.1.5. Country Analysis Forecast (2017 – 2025) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
11.1.5.1. Germany
11.1.5.2. UK
11.1.5.3. France
11.1.5.4. Italy
11.1.5.5. Spain
11.1.5.6. Poland
11.1.5.7. Russia
11.1.5.8. Rest of Europe
11.1.6. Europe Magnetic Resonance Imaging (MRI) Market - Opportunity Analysis Index, By Design, Magnetic Field Strength, Application, End User, and Country, 2017 – 2025
11.1.7. Europe Magnetic Resonance Imaging (MRI) Market Dynamics - Trends
12. ASIA-PACIFIC MAGNETIC RESONANCE IMAGING (MRI) MARKET ANALYSIS 2017 - 2023
12.1.1.Design Analysis Forecast (2017 – 2025) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
12.1.1.1. Low to midfield strength MRI systems
12.1.1.2. High field strength MRI systems
12.1.1.3. Very high field strength MRI systems
12.1.1.4. Ultra-high field strength MRI systems
12.1.2.Magnetic Field Strength Analysis Forecast (2017 – 2025) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
12.1.2.1. Open MRI Systems
12.1.2.2. Closed MRI Systems
12.1.3.Application Analysis Forecast (2017 – 2025) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
12.1.3.1. Hospitals
12.1.3.2. Ambulatory Surgical Centers
12.1.3.3. Diagnostic Centers
12.1.4.End User Analysis Forecast (2017 – 2025) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
12.1.4.1. Brain and Neurological MRI System
12.1.4.2. Abdominal MRI System
12.1.4.3. Spine and Musculoskeletal MRI System
12.1.4.4. Vascular MRI System
12.1.4.5. Others
12.1.5. Country Analysis Forecast (2017 – 2025) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
12.1.5.1. Japan
12.1.5.2. China
12.1.5.3. India
12.1.5.4. ASEAN
12.1.5.5. Australia & New Zealand
12.1.5.6. Rest of APAC
12.1.6. Asia-Pacific Magnetic Resonance Imaging (MRI) Market - Opportunity Analysis Index, By Design, Magnetic Field Strength, Application, End User, and Country, 2017 – 2025
12.1.7. Asia-Pacific Magnetic Resonance Imaging (MRI) Market Dynamics - Trends
13. LATIN AMERICA MAGNETIC RESONANCE IMAGING (MRI) MARKET ANALYSIS 2017 - 2023
13.1.1.Design Analysis Forecast (2017 – 2025) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
13.1.1.1. Low to midfield strength MRI systems
13.1.1.2. High field strength MRI systems
13.1.1.3. Very high field strength MRI systems
13.1.1.4. Ultra-high field strength MRI systems
13.1.2.Magnetic Field Strength Analysis Forecast (2017 – 2025) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
13.1.2.1. Open MRI Systems
13.1.2.2. Closed MRI Systems
13.1.3.Application Analysis Forecast (2017 – 2025) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
13.1.3.1. Hospitals
13.1.3.2. Ambulatory Surgical Centers
13.1.3.3. Diagnostic Centers
13.1.4.End User Analysis Forecast (2017 – 2025) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
13.1.4.1. Brain and Neurological MRI System
13.1.4.2. Abdominal MRI System
13.1.4.3. Spine and Musculoskeletal MRI System
13.1.4.4. Vascular MRI System
13.1.4.5. Others
13.1.5. Country Analysis Forecast (2017 – 2025) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
13.1.5.1. Brazil
13.1.5.2. Mexico
13.1.5.3. Argentina
13.1.5.4. Venezula
13.1.5.5. Rest of Latin America
13.1.6. Latin America Magnetic Resonance Imaging (MRI) Market - Opportunity Analysis Index, By Design, Magnetic Field Strength, Application, End User, and Country, 2017 – 2025
13.1.7. Latin America Magnetic Resonance Imaging (MRI) Market Dynamics - Trends
14. MIDDLE EAST & AFRICA MAGNETIC RESONANCE IMAGING (MRI) MARKET ANALYSIS 2017 - 2023
14.1.1.Design Analysis Forecast (2017 – 2025) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
14.1.1.1. Low to midfield strength MRI systems
14.1.1.2. High field strength MRI systems
14.1.1.3. Very high field strength MRI systems
14.1.1.4. Ultra-high field strength MRI systems
14.1.2.Magnetic Field Strength Analysis Forecast (2017 – 2025) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
14.1.2.1. Open MRI Systems
14.1.2.2. Closed MRI Systems
14.1.3.Application Analysis Forecast (2017 – 2025) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
14.1.3.1. Hospitals
14.1.3.2. Ambulatory Surgical Centers
14.1.3.3. Diagnostic Centers
14.1.4.End User Analysis Forecast (2017 – 2025) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
14.1.4.1. Brain and Neurological MRI System
14.1.4.2. Abdominal MRI System
14.1.4.3. Spine and Musculoskeletal MRI System
14.1.4.4. Vascular MRI System
14.1.4.5. Others
14.1.5. Country Analysis Forecast (2017 – 2025) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
14.1.5.1. Gulf Cooperation Council (GCC) Countries
14.1.5.2. Israel
14.1.5.3. South Africa
14.1.5.4. Rest of MEA
14.1.6. Middle East & Africa Magnetic Resonance Imaging (MRI) Market - Opportunity Analysis Index, By Design, Magnetic Field Strength, Application, End User, and Country, 2017 – 2025
14.1.7. Middle East & Africa Diagnostic Centers Dynamics - Trends
15. COMPETITION LANDSCAPE
15.1. Strategic Dashboard of Top Market Players
15.2. Company Profiles (Introduction, Financial Analysis Product & Service Offerings, Key Developments, Strategies, and SWOT Analysis)
15.2.1. Hitachi Medical Corporation (Japan)
15.2.2. Siemens Healthineers (Germany)
15.2.3. Toshiba Medical Systems (Japan)
15.2.4. GE Healthcare (U.K.)
15..2.5,
15.2.5. Koninklijke Philips N.V. (Netherlands)
15.2.6. Esaote SpA (Italy)
15.2.7. Sanrad Medical Systems Pvt. Ltd (India)
15.2.8. Aurora Imaging Technology, Inc. (U.S.)
15.2.9. SUMEC Group Corporation (China)
16. RESEARCH METHODOLOGY
17. KEY ASSUMPTIONS AND ACRONY
2. GLOBAL MAGNETIC RESONANCE IMAGING (MRI) MARKET INTRODUCTION
2.1. Global Magnetic Resonance Imaging (MRI) Market – Taxonomy
2.2. Global Magnetic Resonance Imaging (MRI) Market–Definitions
2.2.1. Design
2.2.2. Magnetic Field Strength
2.2.3. Application
2.2.4. End User
2.2.5. Region
3. GLOBAL MAGNETIC RESONANCE IMAGING (MRI) MARKET DYNAMICS
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Global Magnetic Resonance Imaging (MRI) MarketDynamics – Factors Impact Analysis
3.6. Global Magnetic Resonance Imaging (MRI) MarketDynamics – Regulations
3.6.1. U.S
3.6.2. Europe
3.6.3. Japan
3.6.4. China
3.7. Global Magnetic Resonance Imaging (MRI) Market– Product Innovations
3.8. Funds Raised by the Start-ups
4. GLOBAL MAGNETIC RESONANCE IMAGING (MRI) MARKET ANALYSIS 2017 – 2025
4.1. Market Analysis and Forecast, 2017 – 2025 (Revenue, USD Mn)
4.2. Year-over-Year (Y-o-Y) Growth Analysis (%)
4.3. Market Oppurtunity Analysis
5. GLOBAL MAGNETIC RESONANCE IMAGING (MRI) MARKET, BY DESIGN, 2017 - 2023
5.1. Low to midfield strength MRI systems
5.1.1. Market Analysis and Forecast, 2017 – 2025 (Revenue, USD Mn)
5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis
5.1.3. Market Opportunity Analysis
5.2. High field strength MRI systems
5.2.1. Market Analysis and Forecast, 2017 – 2025 (Revenue, USD Mn)
5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis
5.2.3. Market Opportunity Analysis
5.3. Very high field strength MRI systems
5.3.1. Market Analysis and Forecast, 2017 – 2025 (Revenue, USD Mn)
5.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis
5.3.3. Market Opportunity Analysis
5.4. Ultra-high field strength MRI systems
5.4.1. Market Analysis and Forecast, 2017 – 2025 (Revenue, USD Mn)
5.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis
5.4.3. Market Opportunity Analysis
6. GLOBAL MAGNETIC RESONANCE IMAGING (MRI) MARKET , BY MAGNETIC FIELD STRENGTH, 2017 - 2023
6.1. Open MRI Systems
6.1.1. Market Analysis and Forecast, 2017 – 2025 (Revenue, USD Mn)
6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis
6.2.3. Market Opportunity Analysis
6.2. Closed MRI Systems
6.2.1. Market Analysis and Forecast, 2017 – 2025 (Revenue, USD Mn)
6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis
6.2.3. Market Opportunity Analysis
7. GLOBAL MAGNETIC RESONANCE IMAGING (MRI) MARKET FORECAST, BY APPLICATION, 2017 - 2023
7.1. Hospitals
7.1.1. Market Analysis and Forecast, 2017 – 2025 (Revenue, USD Mn)
7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis
7.1.3. Market Opportunity Analysis
7.2. Ambulatory Surgical Centers
7.2.1. Market Analysis and Forecast, 2017 – 2025 (Revenue, USD Mn)
7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis
7.2.3. Market Opportunity Analysis
7.3. Diagnostic Centers
7.3.1. Market Analysis and Forecast, 2017 – 2025 (Revenue, USD Mn)
7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis
7.3.3. Market Opportunity Analysis
8. GLOBAL MAGNETIC RESONANCE IMAGING (MRI) MARKET FORECAST, BY APPLICATION, 2017 - 2023
8.1. Brain and Neurological MRI System
8.1.1. Market Analysis and Forecast, 2017 – 2025 (Revenue, USD Mn)
8.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis
8.1.3. Market Opportunity Analysis
8.2. Abdominal MRI System
8.2.1. Market Analysis and Forecast, 2017 – 2025 (Revenue, USD Mn)
8.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis
8.2.3. Market Opportunity Analysis
8.3. Spine and Musculoskeletal MRI System
8.3.1. Market Analysis and Forecast, 2017 – 2025 (Revenue, USD Mn)
8.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis
8.3.3. Market Opportunity Analysis
8.4. Vascular MRI System
8.4.1. Market Analysis and Forecast, 2017 – 2025 (Revenue, USD Mn)
8.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis
8.4.3. Market Opportunity Analysis
8.5. Others
8.5.1. Market Analysis and Forecast, 2017 – 2025 (Revenue, USD Mn)
8.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis
8.5.3. Market Opportunity Analysis
9. GLOBAL MAGNETIC RESONANCE IMAGING (MRI) MARKET FORECAST, BY REGION, 2017 - 2023
9.1. North America
9.1.1. Market Analysis and Forecast, 2017 – 2025 (Revenue, USD Mn)
9.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis
9.1.3. Market Opportunity Analysis
9.2. Europe
9.2.1. Market Analysis and Forecast, 2017 – 2025 (Revenue, USD Mn)
9.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis
9.2.3. Market Opportunity Analysis
9.3. Asia-Pacific
9.3.1. Market Analysis and Forecast, 2017 – 2025 (Revenue, USD Mn)
9.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis
9.3.3. Market Opportunity Analysis
9.4. Latin America
9.4.1. Market Analysis and Forecast, 2017 – 2025 (Revenue, USD Mn)
9.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis
9.4.3. Market Opportunity Analysis
9.5. Middle East & Africa
9.5.1. Market Analysis and Forecast, 2017 – 2025 (Revenue, USD Mn)
9.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis
9.5.3. Market Opportunity Analysis
9.6. Global Magnetic Resonance Imaging (MRI) Market - Opportunity Analysis Index, By Design, Magnetic Field Strength, Application, End User and Region, 2017 – 2025
10. NORTH AMERICA MAGNETIC RESONANCE IMAGING (MRI) MARKET ANALYSIS 2017 - 2023
10.1.1.Design Analysis Forecast (2017 – 2025) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
10.1.1.1. Low to midfield strength MRI systems
10.1.1.2. High field strength MRI systems
10.1.1.3. Very high field strength MRI systems
10.1.1.4. Ultra-high field strength MRI systems
10.1.2.Magnetic Field Strength Analysis Forecast (2017 – 2025) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
10.1.2.1. Open MRI Systems
10.1.2.2. Closed MRI Systems
10.1.3.Application Analysis Forecast (2017 – 2025) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
10.1.3.1. Hospitals
10.1.3.2. Ambulatory Surgical Centers
10.1.3.3. Diagnostic Centers
10.1.4.End User Analysis Forecast (2017 – 2025) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
10.1.4.1. Brain and Neurological MRI System
10.1.4.2. Abdominal MRI System
10.1.4.3. Spine and Musculoskeletal MRI System
10.1.4.4. Vascular MRI System
10.1.4.5. Others
10.1.5. Country Analysis Forecast (2017 – 2025) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
10.1.5.1. U.S
10.1.5.2. Canada
10.1.6. North America Magnetic Resonance Imaging (MRI) Market - Opportunity Analysis Index, By Design, Magnetic Field Strength, Application, End User, and Country, 2017 – 2025
10.1.7. North America Magnetic Resonance Imaging (MRI) Market Dynamics - Trends
11. EUROPE MAGNETIC RESONANCE IMAGING (MRI) MARKET ANALYSIS 2017 - 2023
11.1.1.Design Analysis Forecast (2017 – 2025) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
11.1.1.1. Low to midfield strength MRI systems
11.1.1.2. High field strength MRI systems
11.1.1.3. Very high field strength MRI systems
11.1.1.4. Ultra-high field strength MRI systems
11.1.2.Magnetic Field Strength Analysis Forecast (2017 – 2025) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
11.1.2 Open MRI Systems
11.1.2.1. Closed MRI Systems
11.1.3.Application Analysis Forecast (2017 – 2025) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
11.1.3.1. Hospitals
11.1.3.2. Ambulatory Surgical Centers
11.1.3.3. Diagnostic Centers
11.1.4.End User Analysis Forecast (2017 – 2025) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
11.1.4.1. Brain and Neurological MRI System
11.1.4.2. Abdominal MRI System
11.1.4.3. Spine and Musculoskeletal MRI System
11.1.4.4. Vascular MRI System
11.1.4.5. Others
11.1.5. Country Analysis Forecast (2017 – 2025) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
11.1.5.1. Germany
11.1.5.2. UK
11.1.5.3. France
11.1.5.4. Italy
11.1.5.5. Spain
11.1.5.6. Poland
11.1.5.7. Russia
11.1.5.8. Rest of Europe
11.1.6. Europe Magnetic Resonance Imaging (MRI) Market - Opportunity Analysis Index, By Design, Magnetic Field Strength, Application, End User, and Country, 2017 – 2025
11.1.7. Europe Magnetic Resonance Imaging (MRI) Market Dynamics - Trends
12. ASIA-PACIFIC MAGNETIC RESONANCE IMAGING (MRI) MARKET ANALYSIS 2017 - 2023
12.1.1.Design Analysis Forecast (2017 – 2025) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
12.1.1.1. Low to midfield strength MRI systems
12.1.1.2. High field strength MRI systems
12.1.1.3. Very high field strength MRI systems
12.1.1.4. Ultra-high field strength MRI systems
12.1.2.Magnetic Field Strength Analysis Forecast (2017 – 2025) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
12.1.2.1. Open MRI Systems
12.1.2.2. Closed MRI Systems
12.1.3.Application Analysis Forecast (2017 – 2025) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
12.1.3.1. Hospitals
12.1.3.2. Ambulatory Surgical Centers
12.1.3.3. Diagnostic Centers
12.1.4.End User Analysis Forecast (2017 – 2025) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
12.1.4.1. Brain and Neurological MRI System
12.1.4.2. Abdominal MRI System
12.1.4.3. Spine and Musculoskeletal MRI System
12.1.4.4. Vascular MRI System
12.1.4.5. Others
12.1.5. Country Analysis Forecast (2017 – 2025) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
12.1.5.1. Japan
12.1.5.2. China
12.1.5.3. India
12.1.5.4. ASEAN
12.1.5.5. Australia & New Zealand
12.1.5.6. Rest of APAC
12.1.6. Asia-Pacific Magnetic Resonance Imaging (MRI) Market - Opportunity Analysis Index, By Design, Magnetic Field Strength, Application, End User, and Country, 2017 – 2025
12.1.7. Asia-Pacific Magnetic Resonance Imaging (MRI) Market Dynamics - Trends
13. LATIN AMERICA MAGNETIC RESONANCE IMAGING (MRI) MARKET ANALYSIS 2017 - 2023
13.1.1.Design Analysis Forecast (2017 – 2025) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
13.1.1.1. Low to midfield strength MRI systems
13.1.1.2. High field strength MRI systems
13.1.1.3. Very high field strength MRI systems
13.1.1.4. Ultra-high field strength MRI systems
13.1.2.Magnetic Field Strength Analysis Forecast (2017 – 2025) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
13.1.2.1. Open MRI Systems
13.1.2.2. Closed MRI Systems
13.1.3.Application Analysis Forecast (2017 – 2025) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
13.1.3.1. Hospitals
13.1.3.2. Ambulatory Surgical Centers
13.1.3.3. Diagnostic Centers
13.1.4.End User Analysis Forecast (2017 – 2025) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
13.1.4.1. Brain and Neurological MRI System
13.1.4.2. Abdominal MRI System
13.1.4.3. Spine and Musculoskeletal MRI System
13.1.4.4. Vascular MRI System
13.1.4.5. Others
13.1.5. Country Analysis Forecast (2017 – 2025) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
13.1.5.1. Brazil
13.1.5.2. Mexico
13.1.5.3. Argentina
13.1.5.4. Venezula
13.1.5.5. Rest of Latin America
13.1.6. Latin America Magnetic Resonance Imaging (MRI) Market - Opportunity Analysis Index, By Design, Magnetic Field Strength, Application, End User, and Country, 2017 – 2025
13.1.7. Latin America Magnetic Resonance Imaging (MRI) Market Dynamics - Trends
14. MIDDLE EAST & AFRICA MAGNETIC RESONANCE IMAGING (MRI) MARKET ANALYSIS 2017 - 2023
14.1.1.Design Analysis Forecast (2017 – 2025) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
14.1.1.1. Low to midfield strength MRI systems
14.1.1.2. High field strength MRI systems
14.1.1.3. Very high field strength MRI systems
14.1.1.4. Ultra-high field strength MRI systems
14.1.2.Magnetic Field Strength Analysis Forecast (2017 – 2025) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
14.1.2.1. Open MRI Systems
14.1.2.2. Closed MRI Systems
14.1.3.Application Analysis Forecast (2017 – 2025) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
14.1.3.1. Hospitals
14.1.3.2. Ambulatory Surgical Centers
14.1.3.3. Diagnostic Centers
14.1.4.End User Analysis Forecast (2017 – 2025) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
14.1.4.1. Brain and Neurological MRI System
14.1.4.2. Abdominal MRI System
14.1.4.3. Spine and Musculoskeletal MRI System
14.1.4.4. Vascular MRI System
14.1.4.5. Others
14.1.5. Country Analysis Forecast (2017 – 2025) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
14.1.5.1. Gulf Cooperation Council (GCC) Countries
14.1.5.2. Israel
14.1.5.3. South Africa
14.1.5.4. Rest of MEA
14.1.6. Middle East & Africa Magnetic Resonance Imaging (MRI) Market - Opportunity Analysis Index, By Design, Magnetic Field Strength, Application, End User, and Country, 2017 – 2025
14.1.7. Middle East & Africa Diagnostic Centers Dynamics - Trends
15. COMPETITION LANDSCAPE
15.1. Strategic Dashboard of Top Market Players
15.2. Company Profiles (Introduction, Financial Analysis Product & Service Offerings, Key Developments, Strategies, and SWOT Analysis)
15.2.1. Hitachi Medical Corporation (Japan)
15.2.2. Siemens Healthineers (Germany)
15.2.3. Toshiba Medical Systems (Japan)
15.2.4. GE Healthcare (U.K.)
15..2.5,
15.2.5. Koninklijke Philips N.V. (Netherlands)
15.2.6. Esaote SpA (Italy)
15.2.7. Sanrad Medical Systems Pvt. Ltd (India)
15.2.8. Aurora Imaging Technology, Inc. (U.S.)
15.2.9. SUMEC Group Corporation (China)
16. RESEARCH METHODOLOGY
17. KEY ASSUMPTIONS AND ACRONY