Global Magnetic Resonance Imaging (MRI) Systems Market to Grow at 4.6% During 2022-2027, Propelled by Continual Technological Advancements

July 19, 2021

According to the latest report by IMARC Group, titled "Magnetic Resonance Imaging (MRI) systems market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027," the global magnetic resonance imaging (MRI) systems market size reached US$ 7.2 Billion in 2021. 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 these factors, the market is expected to grow at a CAGR of 4.6% during 2022-2027.

Market Summary:

  • On the basis of the architecture, the market has been divided into closed system and open system.
  • Based on the field strength, the market has been classified into low field strength, mid field strength and high field strength.
  • On the basis of the application, the market has been segmented into oncology, neurology, cardiology, gastroenterology, musculoskeletal, and others.
  • Based on the end use, the market has been categorized into hospitals, imaging centers, ambulatory surgical centers and others.
  • On the basis of the technology, the market has been divided into MR angiogram, MR venogram, functional MRI, MR spectroscopy and others.
  • On the geographical front, the market has been segregated into North America (the United States and Canada), Europe (Germany, France, the United Kingdom, Italy, Spain, Russia and others), Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia and others), Latin America (Brazil, Mexico and others), and Middle East and Africa.
  • The competitive landscape of the market has been studied in the report with the detailed profiles of the key players. Some of these players include Aspect Imaging, Aurora Imaging Technology, Bruker, Canon Medical Systems, Esaote S.P.A, Fonar Corporation, GE Healthcare, Hitachi, Koninklijke Philips NV, Neusoft Medical Systems, Shenzhen Mindray Bio-Medical Electronics Co., Ltd. and Siemens Healthineers.

 

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact US

IMARC Group
30 N Gould St, Ste R
Sheridan, WY (Wyoming) 82801 USA
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800

Global Magnetic Resonance Imaging (MRI) Systems Market to Grow at 4.6% During 2022-2027, Propelled by Continual Technological Advancements
Select Licence Type



Benefits of Customization

Personalize This Research

Triangulate with your Data

Get Data as per your Format and Definition

Gain a Deeper Dive into a Specific Application, Geography, Customer or Competitor

Any level of Personalization

Get in Touch With Us
UNITED STATES

Phone: +1-631-791-1145

INDIA

Phone: +91-120-433-0800

UNITED KINGDOM

Phone: +44-753-713-2163

Email: sales@imarcgroup.com

Client Testimonials

Aktive Services

IMARC made the whole process easy. Everyone I spoke with via email was polite, easy to deal with, kept their promises regarding delivery timelines and were solutions focused. From my first contact, I was grateful for the professionalism shown by the whole IMARC team. I recommend IMARC to all that need timely, affordable information and advice. My experience with IMARC was excellent and I can not fault it.

Read More
Bayer AH

It was indeed a great experience to work with IMARC on the assignment on Aqua market. The team had done a fantastic job in terms of what was expected, what was assured and what was the result… the report gave us many insights and market know how which allowed us to work on our strength and define exact strategies…

Read More
Colruyt Group

We were very happy with the collaboration between IMARC and Colruyt. Not only were your prices competitive, IMARC was also pretty fast in understanding the scope and our needs for this project. Even though it was not an easy task, performing a market research during the COVID-19 pandemic, you were able to get us the necessary information we needed. The IMARC team was very easy to work with and they showed us that it would go the extra mile if we needed anything extra

Read More
KRISHAK BHARTI CO-OP LTD

Last project executed by your team was as per our expectations. We also would like to associate for more assignments this year. Kudos to your team.

Read More
Zee Media Corp. Ltd.

We would be happy to reach out to IMARC again, if we need Market Research/Consulting/Consumer Research or any associated service. Overall experience was good, and the data points were quite helpful.

Read More
Arabian Plastic Manufacturing Company Ltd.

The figures of market study were very close to our assumed figures. The presentation of the study was neat and easy to analyse. The requested details of the study were fulfilled. My overall experience with the IMARC Team was satisfactory.

Read More
Sumitomo Corporation

The overall cost of the services were within our expectations. I was happy to have good communications in a timely manner. It was a great and quick way to have the information I needed.

Read More
Hameln Rds

My questions and concerns were answered in a satisfied way. The costs of the services were within our expectations. My overall experience with the IMARC Team was very good.

Read More
Quality Consultants BV

I agree the report was timely delivered, meeting the key objectives of the engagement. We had some discussion on the contents, adjustments were made fast and accurate. The response time was minimum in each case. Very good. You have a satisfied customer.

Read More
TATA Advanced Systems Limited

We would be happy to reach out to IMARC for more market reports in the future. The response from the account sales manager was very good. I appreciate the timely follow ups and post purchase support from the team. My overall experience with IMARC was good.

Read More
Stax

IMARC was a good solution for the data points that we really needed and couldn't find elsewhere. The team was easy to work, quick to respond, and flexible to our customization requests.

Read More