According to Technavio’s latest market research study, the global MRI systems market is expected to grow at a CAGR of close to 7% during the forecast period, 2017-2021.
This report by Technavio provides an in-depth analysis of the global MRI systems market in terms of revenue and emerging market trends. The report also includes an up-to-date analysis and forecasts for various market segments and all geographical regions.
Technavio research analysts categorize the market based on the MRI strength
Click here to request a free sample of this report
The top three revenue contributing MRI strength segments are discussed below:
Mid-field strength MRI systems: The numerous advantages associated with mid-strength MRI systems are the driving force behind their high adoption in the global market. The market penetration of mid-field strength MRI system in the Americas and EMEA is moderate due to their cost-effectiveness, capital investment by governments, and existing installed base software upgrade.
“In countries such as Italy and Spain, there is a high installed base for mid-field strength MRI systems. These countries prefer upgrading their system software to increase the process efficiency,” says Barath Palada, a lead analyst at Technavio for research on medical imaging.
High-field strength MRI systems: The market penetration of high-field strength MRI system in the Americas and EMEA is rising due to the increase in incidences of stroke, accidents, and other disorders. In APAC, the market penetration of high-field strength MRI system is moderate due to cost effectiveness, changing reimbursement scenario, and growing demand for open scanners.
Low-field strength MRI systems: Mid-field strength MRI systems are used in various applications such as whole-body, breast, cardiac, and interventional MRI scans. The low-field strength segment is anticipated to showcase the fastest growth in the global MRI systems market during the forecast period.
Ask an analyst to know more about this report
The top vendors operating in the global MRI systems market are:
- GE Healthcare
- Philips Healthcare
- Siemens Healthineers
- Toshiba Medical Systems
Other prominent vendors in the market include Advanced Imaging Research, Biophan Technologies, Bruker, Esaote, Fonar, Hitachi Medical Systems, Mindray, Neusoft, and Ningbo Jansen NMR Technology.
A more detailed analysis is available in the Technavio report titled, ‘Global MRI Systems Market 2017-2021’. Technavio also customizes reports by other regions and specific segments upon request.
Other related reports:
- Global Medical Imaging Market 2016-2020
- Global 3D Medical Imaging Equipment Market 2016-2020
- Global Teleradiology Market 2016-2020
To read more press releases – click here
