MRI Systems Market Size To Be Worth USD 8,249.3 Million By 2027

Vancouver, British Columbia, December 24, 2020 (GLOBE NEWSWIRE) – The global MRI systems market is expected to be worth $ 8,249.3 million by 2027, according to current analysis by Emergen Research. The market for MRI systems is seeing strong demand attributed to the growing awareness of early detection of chronic diseases. Early detection of chronic diseases, such as neurological disease, heart disease, and cancer, greatly increases the chances of survival. The promotion of knowledge to inspire early diagnosis and detection of the disease are essential steps for the early detection of the disease. Identifying probable warning symptoms and taking prompt action is necessary for early diagnosis.

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Highlights of the report

• In November 2019, Canon Medical Systems announced the acquisition of MRI R&D company, Skope Magnetic Resonance Technologies AG, based in Switzerland.
• The increasing demand for high field MRI systems is attributed to advantages, such as potentially better contrast-to-noise ratios, signal-to-noise ratio, and spectral resolution for specific uses. In many cases, such advantages would accelerate improved temporal and spatial resolution over low- and mid-field MRI systems.
• Closed MRI systems provide rapid scanning, although it has a little time to complete the scan, depending on the imaging needs of specific body parts.
• Brain diagnostics held the largest market share in 2019. MRI systems have the ability to perceive several brain conditions, including tumors, swelling, cysts, bleeding and structural abnormalities, inflammatory conditions, infections or blood vessel problems.
• The MRI Systems market in the Asia-Pacific region is likely to grow at the fastest rate during the forecast period owing to the increasing occurrence of chronic diseases, growing population and better reimbursement policies .
• Major participants include Siemens Healthineers, GE Healthcare, Bruker Corporation, Canon Medical Systems, Koninklijke Philips NV, Aurora Imaging Technology Inc., Neusoft Medical Systems Co. Ltd., Fujifilm, Fonar Corporation and Aspect Imaging, among others.

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Emergen Research ranked the Global MRI Systems Market On The Basis Of Field Strength, Architecture, Application, End User And Region:

• Ground Force Outlook (Revenue, USD Billion; 2017-2027)
  • Very high field MRI systems
  • High field MRI systems
  • Low to medium field MRI systems
• Architecture Outlook (Revenue, USD Billion; 2017-2027)
  • Open MRI systems
  • Closed MRI systems
• Application Outlook (Revenue, USD Billion; 2017-2027)
  • Spine and musculoskeletal column
  • Brain and neurological
  • Abdominal
  • Vascular
  • Breast
  • Cardiac
  • Other
• End User Outlook (Revenue, USD Billion; 2017-2027)
  • Hospitals and clinics
  • Diagnostic centers
  • Ambulatory care centers
  • Other

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• Regional outlook (revenue, billion USD; 2017-2027)
  • North America
    1. WE
    2. Canada
    3. Mexico
  • Europe
    1. Germany
    2. United Kingdom
    3. France
    4. BENELUX
    5. The rest of europe
  • Asia Pacific
    1. China
    2. Japan
    3. South Korea
    4. Rest of the APAC
  • Latin America
    1. Brazil
    2. Rest of LATAM
  • Middle East and Africa
    1. Saudi Arabia
    2. United Arab Emirates
    3. Rest of MEA

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About Emergen Research

Emergen Research is a market research and consulting company that provides syndicated research reports, custom research reports, and consulting services. Our solutions focus uniquely on your goal: to locate, target and analyze changes in consumer behavior across demographics, across industries and to help customers make smarter business decisions. We offer business intelligence studies ensuring relevant and evidence-based research across multiple industries including healthcare, touchpoints, chemicals, types, and energy. We are constantly updating our research offerings to ensure that our clients are up to date with the latest trends that exist in the market. Emergen Research has a solid base of experienced analysts from various areas of expertise. Our industry experience and our ability to develop a practical solution to any research problem gives our clients the ability to gain an edge over their respective competitors.

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