Factors such as rising aging population and technological advancement like superconducting (SC) magnets, open architecture, high-field MRI, and software applications are the major drivers of MRI system market.
(PRWEB) March 11, 2015
Rising aging population, technological advancements, and increasing awareness regarding early diagnosis will drive growth of the MRI Systems Market. Developing Asian countries such as China and India are lucrative markets for MRI systems owing to the growing aging population and rising awareness about early diagnosis in these countries.
High field and very high field whole body cylindrical scanners dominate the market, supplied by major MNC companies including GE Healthcare with approximately 25-30% market share, Siemens with around 25-30% market share, Philips with approximately 20% market share, Toshiba about 10-12% market share and Hitachi with around 5% market share. The companies profiled in the MRI system market report are Aurora Imaging Technology, Inc., Esaote S.P.A., Fonar Corporation, GE Healthcare, Hitachi Medical Corporation, IMRIS, Inc., Neusoft Medical Systems Co., Ltd. (Neusoft Medical), Philips Healthcare, Siemens Healthcare, and Toshiba Medical Systems Corporation (Part of Toshiba Corporation). New and innovative product launches were the dominant strategy adopted by key industry participants to increase their market shares and to cater to the unmet needs. Complete report is available at http://www.rnrmarketresearch.com/magnetic-resonance-imaging-mri-systems-market-by-architecture-open-mri-closed-mri-field-strength-low-to-mid-field-high-field-very-high-field-ultra-high-field-application-brain-spine-ca-market-report.html.
The report segments the global MRI systems market by architecture, field strength, application, and region. High-field MRI (1.5T) accounted for the largest share of the global MRI systems market. However, the very-high-field MRI (3T) segment is expected to grow at the highest CAGR in the forecast period owing to the ongoing technological advancements in this segment.
MRI imaging has been an essential clinical diagnostic device since the 1980s, with the current worldwide market estimated to be around US$ 4. 5 billion per annum from the sale of around 3500 systems unit. The US, European and Japanese markets are sharing around 80% of this total having huge mature markets. The buyers upgrading their outdated systems and purchasing more MRI scanners to take care of the demand within tough cost-efficiency criteria.
Order a copy of this research report @ http://www.rnrmarketresearch.com/contacts/purchase?rname=310030.
High field entire body systems have been generally welcomed by the market as they give extra applications which were previously unavailable and greatly enhance image resolution and quality, especially for ligament. However, higher field entire body MRI systems are large and costly to buy and difficult to install. These qualities have deferred purchasing decisions of many hospitals and clinics or made them to look for alternatives. At present the greatest demand for MRI procedures in the US is for Brain, Head and Neck scans with spine and extremity scans running a close second.
From an insight perspective, this research report focuses on qualitative data, market size, and growth of various segments and sub segments, competitive landscape, and company profiles. The qualitative data covers various levels of industry analysis such as market dynamics (drivers, restraints, opportunities, and threats), winning imperatives, and burning issues. The report also offers market sizes and data on the growth of various segments in the industry. It focuses on emerging and high-growth segments, high-growth regions, and government initiatives. The competitive landscape covers the growth strategies adopted by industry players in the last three years. The company profiles comprise basic views of key players in the MRI systems market and the product portfolios, developments, and strategies adopted by market players to maintain and increase their market shares in the near future. The above-mentioned market research data, current market size, and forecast of future trends will help key players and new entrants to make the necessary decisions regarding product offerings, geographical focus, change in approach, R&D investments for innovations in products and technologies, and levels of output in order to remain successful.
This is a premium research report priced at US$ 4650 for single user PDF license, Inquire for discount on this research report @ http://www.rnrmarketresearch.com/contacts/discount?rname=310030.
“Pre-Clinical Imaging (In-VIVO) Market by Systems and Reagents (Optical Imaging, Micro-PET, Micro-SPECT, Micro-MRI, Micro-ultrasound, Computed Tomography, Photo Acoustic Imaging, Magnetic Particle Imaging, Multimodality Imaging) – Global Forecasts to 2019” is a Jan 2015 publication of 184 pages and it says the global preclinical imaging market is estimated to grow at a CAGR of 6.0% from 2014 to 2019. Although mature markets (such as the U.S., Germany, France, and the U.K.) hold larger shares in the preclinical imaging market in 2014, the Asia-Pacific region is poised to grow at the highest CAGR of 8.2% in the next five years. Companies profiled in this research report are Perkinelmer, Inc., Bruker Corporation, Fujifilm Visualsonics, Inc., Mediso Ltd., Trifoil Imaging, Mr Solutions Ltd., Aspect Imaging, Biospace Lab S.A., Li-Cor Biosciences, and Milabs B.V. Complete report available at http://www.rnrmarketresearch.com/pre-clinical-imaging-in-vivo-market-by-systems-reagents-micro-pet-optical-imaging-micro-mri-micro-spect-micro-ultrasound-micro-ct-multimodalityhybrid-imaging-modalities-competi-market-report.html.
“Diagnostic Imaging Market by X-ray Systems (Digital, Analog, Portable), Computed Tomography, Ultrasound Imaging Systems (2D, 3D, 4D, Doppler), MRI Machines (Closed & Open), and Nuclear Imaging Systems (SPECT, PET, PET/CT) – Global Forecasts to 2018” is a April 2014 publication of 251 pages and it says the global diagnostic imaging market is estimated to grow at a CAGR of 4.7% and is expected to reach ~$27,115.4 million by 2018. Although the mature markets hold larger shares in diagnostic imaging, the Asia-Pacific region is expected to grow at the highest CAGR of 5.9%. Companies profiled in this research report are Carestream Health, Inc., Esaote S.P.A., GE Healthcare (Division of General Electric Co.), Hitachi Medical Corporation, Hologic, Inc., Philips Healthcare, Samsung Medison, Shimadzu Corporation, Siemens Healthcare, and Toshiba Medical Systems Corporation. Complete report available at http://www.rnrmarketresearch.com/diagnostic-imaging-market-by-x-ray-systems-digital-analog-portable-computed-tomography-ultrasound-imaging-systems-2d-3d-4d-doppler-mri-machines-closed-open-and-nuclear-imaging-systems-market-report.html.
Explore more research report on ‘Medical Imaging Market’ @ http://www.rnrmarketresearch.com/reports/life-sciences/diagnostics/medical-imaging.
RnR Market Research library offers syndicated reports by market research publishers from across the globe. We help you find the most relevant business intelligence from ready-to-buy syndicated market research studies. Not limited to industry reports covering telecommunication, healthcare, pharmaceutical, financial services, energy, technology, real estate, logistics, F&B , media and more, RnR Market Research also offers company data, country profiles, trends, information and analysis on the sector of your interest. (http://www.rnrmarketresearch.com/market-research-reports-publisher).