MRI Market Report Based on Development, Scope, Share, Trends, Forecast 2029
MRI Market was worth US$ 5.61 Bn in 2021 and total revenue is expected to grow at a rate of 6 % CAGR from 2022 to 2029, reaching almost US$ 8.95 Bn in 2029.
MRI Market Overview
Maximize Market research, a global Healthcare market research firm, has market research report on MRI Market The report on MRI Market provides an in-depth analysis of the industry. Key highlights of the report include the market size and the growth rate. Insights of the report covers the drivers, restraints, challenges & opportunities for MRI market growth.
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MRI Market Report Scope and Research Methodology
The report covers the current trends prevailing in the market & changing market scope. For understanding the global factors affecting the industry, the report presents drivers, challenges, restraints and opportunities prevailing in the MRI market. Segments covered in the MRI report are by and region facilitating the leading companies for identifying investment pockets and opportunities industry.
The analysis covers various aspects of the market, including region, revenue, financial status, portfolio, technological advancement, and mergers and acquisitions. Additionally, the report conducts research on new entrants and existing players in the MRI market to identify their growth prospects and future business outlook.
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MRI Market Regional Insights
The report offers an in-depth analysis of the factors influencing growth, limitations, future prospects, and competition within the industry across all regions. The market is classified by region into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa.
MRI Market Segmentation
Based on Architecture, the market is sub-segmented into Open MRI Systems, Closed MRI Systems Standard Bore and Wide Bore. In 2021, the closed MRI system category led the market, accounting for 75.8% of total market share. To obtain comprehensive images, the closed MRI system employs intense magnetic fields and high-frequency radio waves. The closed structure allows for accurate slice selection and analysis. Due to the tremendous noise, patients in closed MRIs may feel claustrophobic and uncomfortable. As a result of these issues, the results may be erroneous. Some industry participants are concentrating their efforts on developing broad bore and open MRI systems that are suitable for claustrophobic and big patients. Some paediatric MRI machine manufacturers even include artwork and cartoons on the devices to help children relax while they are being scanned. The Adventure series of MRI scanners from GE Healthcare is specifically developed for child imaging.
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MRI Market Key Players
• Siemens Healthineers
• GE Healthcare
• Phillips
• Hitachi
• Canon Medical Systems
• Koninklijke Philips N.V.
• Aurora Imaging Technologies Inc.
• General Electric Company
• Esaote SpA
• Toshiba Corporation.
• Aspect Imaging
• Bruker
• Fonar
• Neusoft Medical Systems
• Shenzhen Mindray Bio-Medical Electronics
• Xingaoyi
• Aurora Imaging Technology
• Sanrad Medical Systems Pvt. Ltd.
• Mindray Medical International Limited
• Hologic, Inc.
• Nordion Inc.
• United Imaging Healthcare Co., Ltd
Key questions answered in the MRI Market are:
- What is MRI?
- What are the factors driving the MRI Market growth?
- What are the main challenges the MRI Market growth?
- What was the MRI market size in 2021?
- Which trends are expected to generate additional revenue for the MRI market growth?
- What are the recent industry trends that can be implemented to generate additional revenue streams for the MRI Market?
- What growth strategies are the players considering to increase their foothold in the MRI Market?
- Who held the largest market share in the MRI Market?
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2021)
- Past Pricing and price curve by region (2018 to 2021)
- Market Size, Share, Size & Forecast by different segment | 2022−2029
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of business by region
- Lucrative business opportunities with SWOT analysis
- Recommendations
About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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