Picture

Questions?

+1-866-353-3335

SEARCH
What are you looking for?
Need help finding what you are looking for? Contact Us
Compare

PUBLISHER: Coherent Market Insights | PRODUCT CODE: 1424364

Cover Image

PUBLISHER: Coherent Market Insights | PRODUCT CODE: 1424364

Magnetic Resonance Imaging Market, By Type, By Field Strength, By Application, By End User, By Region

PUBLISHED:
PAGES: 165 Pages
DELIVERY TIME: 2-3 business days
SELECT AN OPTION
PDF (Single User License)
USD 4500
PDF (Multi User License)
USD 7000
PDF (Enterprise User License)
USD 10000

Add to Cart

Global magnetic resonance imaging (MRI) systems market size is estimated to be valued at US$ 16.72 Bn in 2023 and is expected to reach US$ 49.40 Bn by 2030, exhibiting a compound annual growth rate (CAGR) of 16.7% from 2023 to 2030.

Report Coverage Report Details
Base Year: 2022 Market Size in 2023/2024: US$ 16.72 Bn
Historical Data for: 2018 to 2021 Forecast Period: 2023 - 2030
Forecast Period 2023/2024 to 2030/2031 CAGR: 16.70% 2030/2031 Value Projection: US$ 49.40 Bn
Figure 1. Global Magnetic Resonance Imaging (MRI) Systems Market Share (%), By Region, 2023
Magnetic Resonance Imaging Market - IMG1

Global magnetic resonance imaging (MRI) systems market is a comprehensive study of the current trends, growth drivers, and restraints that are influencing the industry's trajectory. MRI systems are advanced imaging techniques that are used in diagnostic procedures for a variety of medical conditions. These systems use a strong magnetic field and radio waves to generate detailed images of the internal structures of the body. It is widely used in the diagnosis of neurological, cardiovascular, and musculoskeletal conditions, among others. The market for MRI systems is driven by several factors, including the increasing prevalence of chronic diseases, advancements in technology, and the growing demand for minimally invasive diagnostic procedures. Rise in geriatric population, who are more prone to various diseases, is also contributing to the market growth. Furthermore, the increasing investments in healthcare infrastructure, particularly in developing countries, are expected to provide significant growth opportunities for the market. However, the high cost of MRI systems and the lack of skilled professionals to operate these systems are some of the challenges that the market faces. Despite these challenges, the market is expected to witness substantial growth in the near future, due to the ongoing research and development (R&D) activities which is aimed at improving the efficiency and accuracy of MRI systems. In conclusion, global magnetic resonance imaging (MRI) systems Market is expected to witness significant growth, driven by the increasing demand for advanced diagnostic procedures, technological advancements, and the rising prevalence of chronic diseases. However, the market's growth may be hampered by the high cost of MRI systems and the lack of skilled professionals.

Market Dynamics:

Increase number of product launches by the key market players is expected to drive the growth of the global magnetic resonance imaging (MRI) systems market over the forecast period. For instance, in July 2022, Cannon Medical, a medical equipment company launched new MRI system at European Congress of Radiology (ECR) 2022 meeting. The new MRI system incorporate innovative workflow solutions, image enhancement, and quicker scan technologies, all of which lead to shorter MRI procedure times.

Key features of the study:

  • This report provides an in-depth analysis of the global magnetic resonance imaging (MRI) systems market, and provides market size (US$ Bn) and compound annual growth rate (CAGR %) for the forecast period (2023-2030), considering 2022 as the base year
  • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key market players
  • It profiles key market players in the global magnetic resonance imaging (MRI) systems market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
  • Key companies covered as a part of this study include Seimens AG, Koninklijke Philips N.V., Medtronic plc, Aurora Imaging Technologies Inc., General Electric Company, Hitachi Ltd., Esaote SpA, The InterMed Group, and Canon Medical Systems Corporation.
  • Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
  • Global magnetic resonance imaging (MRI) systems market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through various strategy matrices used in analysing the global magnetic resonance imaging (MRI) systems market

Detailed Segmentation:

  • Global Magnetic Resonance Imaging (MRI) Systems Market Segmentation, By Type:
    • Open
    • Closed
  • Global Magnetic Resonance Imaging (MRI) Systems Market Segmentation, By Field Strength:
    • Low Field Strength
    • Mid Field Strength
    • High Field Strength
  • Global Magnetic Resonance Imaging (MRI) Systems Market Segmentation, By Application:
    • Oncology
    • Neurology
    • Cardiology
    • Gastroenterology
    • Musculoskeletal
    • Others
  • Global Magnetic Resonance Imaging (MRI) Systems Market Segmentation, By End User:
    • Hospitals
    • Imaging Centers
    • Ambulatory Surgical Centers
    • Others
  • Global Magnetic Resonance Imaging (MRI) Systems Market Segmentation, By Region:
    • North America
    • Europe
    • Asia Pacific
    • Latin America
    • Middle East
    • Africa
  • Top Companies in the Global Magnetic Resonance Imaging (MRI) Systems Market::
    • Seimens AG
    • Koninklijke Philips N.V.
    • Medtronic plc.
    • Aurora Imaging Technologies Inc.
    • General Electric Company
    • Hitachi Ltd.
    • Esaote SpA,
    • The InterMed Group
    • Canon Medical Systems Corporation
Product Code: CMI443

Table of Contents

1. Research Objectives and Assumptions

  • Research Objectives
  • Assumptions
  • Abbreviations

2. Market Purview

  • Report Description
    • Market Definition and Scope
  • Executive Summary
    • Market Magnetic Resonance Imaging (MRI) Systems, By Type
    • Market Magnetic Resonance Imaging (MRI) Systems, By Field of Strength
    • Market Magnetic Resonance Imaging (MRI) Systems, By Application
    • Market Magnetic Resonance Imaging (MRI) Systems, By End User
    • Market Magnetic Resonance Imaging (MRI) Systems, By Region
  • Coherent Opportunity Map (COM)

3. Market Dynamics, Regulations, and Trends Analysis

  • Market Dynamics
    • Drivers
  • Increasing product launches
    • Restraints
  • High cost of MRI systems
    • Opportunities
  • Market potential of low-field MRI systems
  • Key Highlights
  • Regulatory Scenario
  • Recent Trends
  • Product Launches/Approvals
  • PEST Analysis
  • PORTER's Analysis
  • Mergers, Acquisitions, and Collaborations

4. Global Magnetic Resonance Imaging (MRI) Systems Market - Impact of Coronavirus (COVID-19) Pandemic

  • COVID-19 Epidemiology
  • Supply Side and Demand Side Analysis
  • Economic Impact

5. Global Magnetic Resonance Imaging (MRI) Systems Market, By Type, 2018-2030, (US$ Bn)

  • Introduction
    • Market Share Analysis, 2023 and 2030 (%)
    • Y-o-Y Growth Analysis, 2019 - 2030
    • Segment Trends
  • Open
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Bn)
  • Closed
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Bn)

6. Global Magnetic Resonance Imaging (MRI) Systems Market, By Field Strength, 2018-2030, (US$ Bn)

  • Introduction
    • Market Share Analysis, 2023 and 2030 (%)
    • Y-o-Y Growth Analysis, 2019 - 2030
    • Segment Trends
  • Low Field Strength
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Bn)
  • Mid Field Strength
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Bn)
  • High Field Strength
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Bn)

7. Global Magnetic Resonance Imaging (MRI) Systems Market, By Application, 2018-2030, (US$ Bn)

  • Introduction
    • Market Share Analysis, 2023 and 2030 (%)
    • Y-o-Y Growth Analysis, 2019 - 2030
    • Segment Trends
  • Oncology
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Bn)
  • Neurology
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Bn)
  • Cardiology
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Bn)
  • Gastroenterology
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Bn)
  • Musculoskeletal
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Bn)
  • Others
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Bn)

8. Global Magnetic Resonance Imaging (MRI) Systems Market, By End User, 2018-2030, (US$ Bn)

  • Introduction
    • Market Share Analysis, 2023 and 2030 (%)
    • Y-o-Y Growth Analysis, 2019 - 2030
    • Segment Trends
  • Hospitals
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Bn)
  • Imaging Centers
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Bn)
  • Ambulatory Surgical Centers
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Bn)
  • Others
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Bn)

9. Global Magnetic Resonance Imaging (MRI) Systems Market, By Region, 2018-2030, (US$ Bn)

  • Introduction
    • Market Share Analysis, By Region, 2023 and 2030 (%)
    • Y-o-Y Growth Analysis, For Region, 2019 -2030
    • Country Trends
  • North America
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, By Type, 2018-2030, (US$ Bn)
    • Market Size and Forecast, and Y-o-Y Growth, By Field Strength, 2018-2030, (US$ Bn)
    • Market Size and Forecast, and Y-o-Y Growth, By Application, 2018-2030, (US$ Bn)
    • Market Size and Forecast, and Y-o-Y Growth, By End User, 2018-2030, (US$ Bn)
    • Market Size and Forecast, and Y-o-Y Growth, By Country, 2018-2030, (US$ Bn)
  • U.S.
  • Canada
  • Europe
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, By Type, 2018-2030, (US$ Bn)
    • Market Size and Forecast, and Y-o-Y Growth, By Field Strength, 2018-2030, (US$ Bn)
    • Market Size and Forecast, and Y-o-Y Growth, By Application, 2018-2030, (US$ Bn)
    • Market Size and Forecast, and Y-o-Y Growth, By End User, 2018-2030, (US$ Bn)
    • Market Size and Forecast, and Y-o-Y Growth, By Country, 2018-2030, (US$ Bn)
  • Germany
  • U.K.
  • Spain
  • France
  • Italy
  • Russia
  • Rest of Europe
  • Asia Pacific
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, By Type, 2018-2030, (US$ Bn)
    • Market Size and Forecast, and Y-o-Y Growth, By Field Strength, 2018-2030, (US$ Bn)
    • Market Size and Forecast, and Y-o-Y Growth, By Application, 2018-2030, (US$ Bn)
    • Market Size and Forecast, and Y-o-Y Growth, By End User, 2018-2030, (US$ Bn)
    • Market Size and Forecast, and Y-o-Y Growth, By Country, 2018-2030, (US$ Bn)
  • China
  • India
  • Japan
  • Australia
  • South Korea
  • ASEAN
  • Rest of Asia Pacific
  • Latin America
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, By Type, 2018-2030, (US$ Bn)
    • Market Size and Forecast, and Y-o-Y Growth, By Field Strength, 2018-2030, (US$ Bn)
    • Market Size and Forecast, and Y-o-Y Growth, By Application, 2018-2030, (US$ Bn)
    • Market Size and Forecast, and Y-o-Y Growth, By End User, 2018-2030, (US$ Bn)
    • Market Size and Forecast, and Y-o-Y Growth, By Country, 2018-2030, (US$ Bn)
  • Brazil
  • Argentina
  • Mexico
  • Rest of Latin America
  • Middle East
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, By Type, 2018-2030, (US$ Bn)
    • Market Size and Forecast, and Y-o-Y Growth, By Field Strength, 2018-2030, (US$ Bn)
    • Market Size and Forecast, and Y-o-Y Growth, By Application, 2018-2030, (US$ Bn)
    • Market Size and Forecast, and Y-o-Y Growth, By End User, 2018-2030, (US$ Bn)
    • Market Size and Forecast, and Y-o-Y Growth, By Country, 2018-2030, (US$ Bn)
  • GCC Countries
  • Israel
  • Rest of Middle East
  • Africa
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, By Type, 2018-2030, (US$ Bn)
    • Market Size and Forecast, and Y-o-Y Growth, By Field Strength, 2018-2030, (US$ Bn)
    • Market Size and Forecast, and Y-o-Y Growth, By Application, 2018-2030, (US$ Bn)
    • Market Size and Forecast, and Y-o-Y Growth, By End User, 2018-2030, (US$ Bn)
    • Market Size and Forecast, and Y-o-Y Growth, By Country/Region, 2018-2030, (US$ Bn)
  • South Africa
  • Central Africa
  • North Africa

10. Competitive Landscape

  • Company Profile
    • Seimens AG
  • Company Highlights
  • Product Portfolio
  • Key Developments
  • Financial Performance
  • Strategies
    • Koninklijke Philips N.V.
  • Company Highlights
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Strategies
    • Medtronic plc
  • Company Highlights
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Strategies
    • Aurora Imaging Technologies Inc.
  • Company Highlights
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Strategies
    • General Electric Company
  • Company Highlights
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Strategies
    • Hitachi Ltd.
  • Company Highlights
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Strategies
    • Esaote SpA
  • Company Highlights
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Strategies
    • The InterMed Group
  • Company Highlights
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Strategies
    • Canon Medical Systems Corporation
  • Company Highlights
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Strategies
  • Analyst Views

11. Section

  • References
  • Research Methodology
  • About us
Have a question?
Picture

Jeroen Van Heghe

Manager - EMEA

+32-2-535-7543

Picture

Christine Sirois

Manager - Americas

+1-860-674-8796

Questions? Please give us a call or visit the contact form.
Hi, how can we help?
Contact us!