Magnetic Resonance Imaging (mri) Market by Size, Share, Report Overview, Industr

Posted by Rushikesh Pise on December 3rd, 2019

The Global MRI Systems Market , which remained at US$ 7,165.6 Mn in 2017, will reach US$ 11,725.9 Mn before the finish of 2025. In the event that these figures demonstrate genuinely, the worldwide attractive reverberation imaging gear market will ascend at a CAGR of 6.4% somewhere in the range of 2018 and 2025.

The rising demand from musculoskeletal application segment is prognosticated to help the global magnetic resonance imaging equipment market rise at a positive pace, finds Fortune Business Insights in their new study. The study is titled, “Magnetic Resonance Imaging Equipment Market: Global Market Analysis, Insights and Forecasts, 2018 – 2025.”

Browse Complete Report:

https://www.fortunebusinessinsights.com/industry-reports/magnetic-resonance-imaging-mri-systems-market-100087 

Some of the Main Key Players Covered in the Report:

• GE Healthcare
• Siemens Healthcare
• Koninklijke Philips N.V.
• Canon Inc.
• Hitachi, Ltd.
• Esaote SpA
• Shenzhen Anke High-tech Co., Ltd.
• Time Medical Holding
• SHENZHEN BASDA MEDICAL APPARATUS CO., LTD.
• Fonar Corporation

The musculoskeletal segment is anticipated to rise at a faster rate among other categories based on application. This is due to the recently proven clinical efficacy of MRI systems in detailed bone imaging cases.

Again, the neurology segment, out of various applications will register a higher CAGR because of the expansion of neuroscience in developed nations and its application in medical therapies and testing devices. On the other hand, the hospital segment is likely to generate more revenue over the next few years, because of the significant rise in funding by governments.

The advent of Superconducting Magnets and Software Upgrades to Boost Market

Using magnetic resonance imaging technique is considered as an effective way of diagnosing disorders of the central nervous system, spine lesions, tumors, and the stroke affected areas of blood vessels and brain. The demand for this system is increasing with the rising geriatric population and their susceptibility to various diseases.

Also, the rising demand for minimally invasive or non-invasive diagnostic procedures will boost the uptake of magnetic resonance imaging machines. With recent advancements in scanning techniques such as superconducting magnets, MRI systems, and software grades, the demand for magnetic resonance imaging machines is also increasing. Such factors will bode well for the market during the forecast tenure.