The Magnetic Resonance Imaging (MRI) Systems Market is expected to reach USD 7.09 Billion by 2023 from an estimated USD 5.85 Billion in 2018, at a CAGR of 3.9%. The key factors driving the growth of this market include technological advancements leading to the increased adoption of high-field MRI systems, growing geriatric population, and the discovery of new helium deposits.
- Advertising -
Browse 141 market data Tables and 33 Figures spread through 158 Pages and in-depth TOC on "Magnetic Resonance Imaging (MRI) Systems Market"
Early buyers will receive 10% customization on this report
The closed MRI systems segment held the largest share of the market in 2017
Based on architecture, the MRI Systems Market is segmented into closed and open MRI systems. The closed MRI segment is further divided into standard bore and wide bore MRI systems.
In 2017, the closed MRI systems segment accounted for the largest share of the MRI Systems Market. The large share of this segment can be attributed to the superconducting magnets used in these systems to obtain higher image quality and throughput.
- Advertising -
The wide bore closed MRI segment is also expected to grow at the fastest rate during the forecast period owing to its patient-friendly design that accommodates larger patients.
By field-strength, very-high-field MRI systems to grow at the highest rate during the forecast period
The MRI Systems Market is segmented by field strength into high-field (1.5T and 3T), low-to-mid field (<1.5T), and very-high-field (4T and above) MRI systems. The very-high-field (4T and above) MRI systems segment is expected to register the highest CAGR during the forecast period.
Growth in this market can be attributed to the recently (October 2017) received FDA and CE mark approval of the first 7T MRI system.
Access report @ www.marketsandmarkets.com/pdfdownl…m_campaign=PaidPR
The RoW segment is expected to grow at the fastest rate between 2018 and 2023
In 2017, Asia Pacific is estimated to account for the largest share of the MRI Systems Market, followed by Europe. However, RoW region is expected to grow at the highest CAGR during the forecast period.
The high growth rate of MRI Systems Market in this region can be attributed to the untapped markets of Africa, growing medical tourism in Braziland Saudi Arabia, and rising healthcare expenditure in Row countries.
The major players in the global MRI Systems Market are Siemens Healthineers (Germany), GE Healthcare (US), Phillips (Netherlands), Hitachi (Japan), and Canon Medical Systems (Japan).
Know more about the Magnetic Resonance Imaging (MRI) Systems Market at www.marketsandmarkets.com/Market-R…m_campaign=PaidPR
Category: Market Research Publishers and RetailersCompany about: MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth ...
For more information: