LONDON, June 22, 2022 (GLOBE NEWSWIRE) -- MRI systems are safer when compared to X-Ray and CT Systems as the technology employs magnetic fields and radio waves in the imaging process rather than the harmful radiation. The MRI systems market has seen significant growth in the past and will continue to grow due to factors such as the increase in the aging population, an increase in the awareness regarding the early diagnosis of diseases, and the companies focusing on working towards the advancements in the technologies and more affordable and effective models.
The MRI Systems Market Research Report 2015-2030 offered by GlobalData Plc provides an overview of the quantitative market trends within the diagnostic imaging therapeutic area. The report discusses in detail the impact of COVID-19 on the MRI Systems market for the year 2020 and beyond.
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MRI Systems Market Trends
The market for MRI Systems is driven by major factors such as an increase in aging populations, technical advancements in the field of healthcare leading to the innovation of new and advanced technologies, an increase in the population suffering from cancer, and an increase in awareness regarding the importance of early diagnosis of the disease which helps in early treatment. Advancements such as the introduction of 7T MRI technology also play a major part in the growth of the market, and its slow progression towards higher Tesla install bases. Added advantages that stimulate market growth include funded projects for the improvement of technologies for MRI in pediatric care.
MRI Systems Market Segments
- 3T MRI Systems
- 1.5T MRI Systems
- 0.2T-1.2T MRI Systems
MRI Systems Market Analysis by Segments
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MRI Systems Market Segmentation by Region
- APAC
- Europe
- MEA
- North America
- South and Central America
MRI market in the US, Canada, and Mexico will experience increasing trends during the forecast period. These trends are expected to align with the increasing aging population, increasing awareness regarding the early diagnosis of disease conditions, and increased disease prevalence rates.
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MRI Systems Market Segmentation by Country
- US
- Canada
- Mexico
- France
- Germany
- Italy
- Spain
- United Kingdom
- Austria
- Belgium
- Others
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Leading Companies in the MRI Systems Market
- GE Healthcare LLC
- Siemens Healthineers AG
- Philips Healthcare
- Canon Medical Systems Corp
- China Resources Wandong Medical Equipment Co Ltd
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MRI Systems Market Overview
| Market Size 2021 | $5.27 billion |
| Key Segments | 3T MRI Systems, 1.5T MRI Systems, and 0.2T-1.2T MRI Systems |
| Key Regions | APAC, Europe, MEA, North America, and South and Central America |
| Key Countries | US, Canada, Mexico, France, Germany, Italy, Spain, United Kingdom, Austria, Belgium, Czech Republic, Denmark, Finland, Greece, Hungary, Ireland, Netherlands, Norway, Poland, Portugal, Russia, Sweden, Switzerland, Turkey, Australia, China, India, Japan, New Zealand, South Korea, Taiwan, Argentina, Brazil, Chile, Egypt, Israel, Saudi Arabia, South Africa, and the United Arab Emirates |
| Leading Companies | GE Healthcare LLC, Siemens Healthineers AG, Philips Healthcare, Canon Medical Systems Corp, China Resources Wandong Medical Equipment Co Ltd |
MRI Systems Market Report Scope
This Market Model gives important, expert insight you won’t find in any other source. The model illustrates qualitative and quantitative trends within the specified market. This model is required reading for:
- CMO executives who must have a deep understanding of the MRI systems marketplace to make strategic planning and investment decisions.
- Sourcing and procurement executives who must understand crucial components of the supply base in order to make decisions about supplier selection and management.
- Private equity investors that need a deeper understanding of the market to identify and value potential investment targets.
Reasons to Buy
The model will enable you to:
- Understand the impact of COVID-19 on MRI systems market.
- Develop and design your in-licensing and out-licensing strategies through a review of pipeline products and technologies, and by identifying the companies with the most robust pipeline.
- Develop business strategies by understanding the trends shaping and driving the MRI systems market.
- Drive revenues by understanding the key trends, innovative products and technologies, market segments, and companies likely to impact the MRI systems market in the future.
- Formulate effective sales and marketing strategies by understanding the competitive landscape and by analyzing the company share of market leaders.
- Identify emerging players with potentially strong product portfolios and create effective counterstrategies to gain a competitive advantage.
- Track device sales in the global and country-specific MRI systems market from 2015-2030. Organize your sales and marketing efforts by identifying the market categories and segments that present maximum opportunities for consolidations, investments, and strategic partnerships.
FAQs
What was the global MRI systems market size in 2021?
The MRI systems market size was valued at $5.27 billion in 2021.
What are the key segments in the MRI systems market?
The key segments in the MRI systems market are 3T MRI systems, 1.5T MRI systems, and 0.2T-1.2T MRI systems.
Which are the key regions in the global MRI systems market?
The key regions in the global MRI systems market are APAC, Europe, MEA, North America, and South and Central America.
Which are the key countries in the global MRI systems market?
The key countries in the global MRI systems market are the US, Canada, Mexico, France, Germany, Italy, Spain, United Kingdom, Austria, Belgium, Czech Republic, Denmark, Finland, Greece, Hungary, Ireland, Netherlands, Norway, Poland, Portugal, Russia, Sweden, Switzerland, Turkey, Australia, China, India, Japan, New Zealand, South Korea, Taiwan, Argentina, Brazil, Chile, Egypt, Israel, Saudi Arabia, South Africa, and United Arab Emirates.
Which are the leading companies in the global MRI systems market?
The leading MRI system companies are GE Healthcare LLC, Siemens Healthineers AG, Philips Healthcare, Canon Medical Systems Corp, China Resources Wandong Medical Equipment Co Ltd.
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