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According to the latest report by IMARC Group, titled "Magnetic Resonance Imaging (MRI) systems market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026," the global magnetic resonance imaging (MRI) systems market exhibited moderate growth during 2015-2020. Magnetic Resonance Imaging (MRI) involves the use of a non-invasive imaging technology that utilizes a magnetic field and computer-generated radio waves to offer detailed, high-definition and three-dimensional (3D) images of the organs and tissues in the patient’s body. This imaging technique is widely utilized for diagnosing numerous health conditions by examining the bones, brain, breasts, heart, internal organs and spine of individuals. This can also be combined with positron emission tomography (PET) and computed tomography (CT) scans to aid professionals in understanding the complexities of several health disorders.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Global Magnetic Resonance Imaging (MRI) Systems Market Trends:
The global market is majorly driven by the rising prevalence of chronic diseases across the globe. With the increasing preference for highly precise and accurate diagnostic services in the healthcare sector, there has been a considerable rise in the adoption of MRI systems. These systems aid in diagnosing numerous medical conditions at a very early stage. The growing awareness regarding the importance of early diagnosis and the numerous associated advantages is creating a positive outlook for the market. Moreover, the growing geriatric population on the global level are also contributing to the market growth since they are more susceptible to develop several medical ailments. The market is further driven by continual technological advancements in imaging equipment. For instance, several players have now introduced MRI systems with superconducting magnets that are compatible with cardiac pacemakers, which is expected to provide an impetus to the market growth. Some of the other factors contributing to the market growth include the advent of 3D and 4D imaging systems and continual developments in the healthcare infrastructure. On account of the aforementioned factors, the market is expected to grow at a CAGR of around 5% during 2021-2026.
Market Summary:
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