Magnetic Resonance Imaging Market: Analysis by Key Players Focusing on Growth Strategies and Upcoming

Global Magnetic Resonance Imaging (MRI) Systems Industry was valued at USD 5.86 Billion in the year 2018. Global Magnetic Resonance Imaging (MRI) Systems Industry is further estimated to grow at a CAGR of 4.02% from 2019 to reach USD 7.73 Billion by the year 2025. The North America region holds the highest Industry share in 2018 and the Asia Pacific is considered as the fastest growing Industry in the forecasted period. At a country level, US, China, and the U.S. are projected to grow strongly in the coming years due to increasing density of population and funding through Research and Development.

The Global Magnetic Resonance Imaging (MRI) Systems Industry is segmented as By Field Strength, Architecture, and Region. The Field Strength segment is divided into High-Field MRI Systems (1.5t to 3t), 5t MRI Systems, 3t MRI Systems, Low-To-Mid-Field MRI Systems (<1>).

The Architecture segment is divided as Closed MRI Systems, Standard Bore MRI, Wide-Bore MRI and Open MRI Systems in which the closed MRI system accounts for the largest Industry share due to the high field strength of these systems enabling higher image quality. Among all, it is expected that the closed MRI Systems will be growing at a moderate CAGR of XX % in the assessment period.

Major market players in Magnetic Resonance Imaging (MRI) System Industry are Hitachi, Siemens Healthineers, Canon Medical Systems, GE Healthcare, Philips, Aspect Imaging, Bruker,

Aurora Imaging Technology, Esaote S.P.A , Fonar, nad Other 8 more companies information is provided in the report.

SWOT analysis of Magnetic Resonance Imaging (MRI) Systems Industry

Strength:

Increasing geriatric population

Detection of metastasis in cancer

Weakness:

Quite expensive and not affordable by all

Opportunities:

Technological advancements

Threats:

The high cost associated with R&D

Magnetic Resonance Imaging (MRI) Systems Industry Segmentation:

Magnetic Resonance Imaging (MRI) Systems Industry Overview, By Field Strength

• High-Field MRI Systems (1.5t to 3t)

• 5t MRI Systems

• 3t MRI Systems

• Low-To-Mid-Field MRI Systems (<1>)

• Very-High-Field MRI Systems (4t and Above)

Magnetic Resonance Imaging (MRI) Systems Industry Overview, By Architecture

• Closed MRI Systems

• Standard Bore MRI

• Wide-Bore MRI

• Open MRI Systems

Ask for sample @

https://www.alexareports.com/report-sample/9416

Thank you for reading this Blog.