Magnetic Resonance Imaging (MRI) Systems Market is Expected to Expand at an Impr

Posted by Rohini Chaudhari on February 10th, 2020

The magnetic resonance imaging market has conventionally risen on the back of an advanced imaging technique, which has boosted adoption of the high-cost hardware, and software imaging. In turn, the advancement in the MRI imaging market continues to pave way for unimaginable possibilities in detection of several anomalies in critical organs like brain. Moreover, the prospect of the market remained limited earlier as CT imaging continued to be more cost-effective, and effective for applications like lung imaging. However, new products like Toshiba’s new Ultrashort Echo Time (UTE) enables clinicians to view high susceptibility regions, where conventionally the MR imaging signal used to disappear. Advanced products like this, and GE Healthcare’s MAGiC, promise lower turnaround times for MRI imaging, which is critical in care for chronic diseases, and rising elderly population.

Planning To Lay Down Future Strategy? Request Brochure Of Magnetic Resonance Imaging (MRI) Systems Market

The advancements in MRI imaging aren’t limited to a few players either. Some other key players in the magnetic resonance imaging market are Koninklijke Philips N.V., AllTech Medical Systems, Esaote SpA, Hitachi, Ltd., Siemens Healthcare GmbH.  The main players in the market are investing in more research and development as the Unique Selling Point of MRI imaging continues to remain its technological superiority over conventional techniques. The FDA also approved two Siemens MRI applications, one of which makes way for simultaneous imaging, while the other reduces 2D imaging acquisition times by a multiple of 8 as per the official company sources.

Brain Imaging Continues to Remain Important

It is estimated that brain imaging accounts for 1 out of every 4 scans that take place. Additionally, the conventional delays in MRI imaging are expected to go away in the near future, thanks to new product launches. Technologies like GOBrain, promise to significantly reduce time taken for scans. Additionally, rising fatalities due to accidents, and chronic diseases like Alzheimer’s, and HIV are expected to result in over 45 million potential cases for brain scans worldwide. Moreover, the advancements in technologies promise to shorter the imaging process in line with clinical routine. The shorter scans and imaging times are essential for elderly patients, who can exhibit lower tolerance to treatments, and require urgent care on a consistent basis.

Like it? Share it!

Rohini Chaudhari

About the Author

Rohini Chaudhari
Joined: June 12th, 2019
Articles Posted: 205

More by this author