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Global Magnetic Resonance Imaging Market Outlook 2020: Global Opportunity and Demand Analysis, Market Forecast, 2019-2028

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Global Magnetic Resonance Imaging Market Outlook 2020: Global Opportunity and Demand Analysis, Market Forecast, 2019-2028

Global Magnetic Resonance Imaging Market Outlook 2020: Global Opportunity and Demand Analysis, Market Forecast, 2019-2028

  • Published Date: 11 Feb 2020
  • Report ID: CMFE 0016
  • Pages:174
  • Base Year: 2019
  • Format: PDF
  • Historical Data: 2016-2019

Magnetic Resonance Imaging is anticipated to grow at a value CAGR of ~x% over 2019-2028. According to a study published by Insure Insights on the Magnetic Resonance Imaging market is expected to grow in the coming years. The key factors affecting the market include, the surge in the awareness about the benefits of early diagnosis contributing to the significant growth in the industry in the coming years. The increase in the technological advancements leading to the replacement of low-field MRI systems with high-field MRI systems, and the increase in the investment on the discovery of new helium deposits would boost the industry in the next few years.

Top Driver: Increase in the awareness of the early diagnosis To propel The Industry

Magnetic Resonance Imaging has rich demand in pharmaceutical sector owing to the advantage in diagnosing the illness and would help the industry grow lucratively in the forecast period. The growth of the awareness programs created in order to help the individuals have better quality of life is anticipated to help the industry boost in the near future. The private and public organizations have voluntarily involved in minimizing the risk of diseases progression till the later stage, hence early diagnosis to be suggested would contribute to the growth of the industry in the next few years.

Brain and Neurological Segment to Make Crucial Contribution to Growth of Global Magnetic Resonance Imaging Market

Among applications segments of the global Magnetic Resonance Imaging market, brain and neurological is predicted to show significant growth in future. This owes to the factor that scans produced are of superior quality than the computerized tomography scans which would help the industry grow at a higher pace. Furthermore, the breast imaging segment is expected to gain a significant CAGR incidence of breast cancer is surging, creating the demand for identifying risk factors related to the disease..

Rising Investments to Benefit North America Market

North American countries such as the US are predicted to maximize their spending on technologies in future. The rapid growth in the incidence of chronic diseases such as cardiovascular disorders, breast cancer, and neurological diseases would boost the demand for imaging analysis in the forecast period. The surge in the technological innovations in combination with the increase in the incidence of chronic conditions is expected to fuel the market growth during the forecast period.

Players to Focus on Magnetic Resonance Imaging Market

The global Magnetic Resonance Imaging market is expected to stay fragmented with the increase in the number of new entrants in the coming years. The key players include, Aspect Imaging, Hitachi, Siemens Healthineers, Neusoft Medical Systems, Canon Medical Systems, GE Healthcare, Philips, Bruker, Aurora Imaging Technology, Esaote S.P.A, Fonar, Shenzhen Mindray Bio-Medical Electronics

Aspect Imaging: In April 2012, Aspect Imaging, the world leading developer of high-performance compact permanent magnets, announced the expanded cooperation with Bruker Corporation on manufacturing and distributing easy-to-use compact magnetic resonance imaging (MRI) systems. Aspect will provide its patented technology to Bruker for use in its Icon compact high-performance 1 Tesla MRI system. In addition, Aspect will focus on its clinical and industrial markets and will transition the growing pre-clinical demand for its M2 systems to Bruker, who will service academic and pharmaceutical researchers with its leading Icon platform that includes the Aspect front-end componentry.

Siemens Healthineers AG: In August 2020, Siemens Healthineers AG and Varian Medical Systems, Inc. announced that they have entered into an agreement, pursuant to which Siemens Healthineers shall acquire all shares of Varian for USD 177.50 per share in cash. This corresponds to a purchase price of approximately USD 16.4 billion.

Scope of the Report

By Field Strength

  • Low Field Strength
  • Mid Field Strength
  • High Field Strength

By Application

  • Spine and musculoskeletal
  • Brain and neurological
  • Cardiac
  • Breast
  • Others

By End-User

  • Hospitals
  • Imaging Centers
  • Ambulatory Surgical Centers
  • Others

By Region

  • North America
  • Europe
  • Asia Pacific
  • SAMEA

Key Reasons to Purchase this Report

  1. It provides a technological development map over time to understand the growth rate of the industry.
  2. The report offers a dynamic method to various factors that drive or restrain the growth of the market.
  3. It renders definite analysis for changing competitive dynamics.
  4. It builds a seven-year estimate based on how the market is predicted to grow.

Table of Content

Chapter 1           Overview And Scope

1.1             Market Vision

1.1.1          Market Definition

1.1.2          Market Scope

1.2             Market Segmentation

Chapter 2           Our Research Practice

2.1             Our Research Methodology

2.2             Data Triangulation

2.3             Data Sources

2.4             Assumptions for the study

2.5             Approach Adopted

Chapter 3           Executive Summary

3.1             Market Snapshot

3.2             Regional Snapshot

3.3             Segment Summary

Chapter 4           Covid-19 Impact Analysis

4.1             Overview

4.2             Prevalence analysis

4.3             Key Factor Impact Analysis

Chapter 5           Global Magnetic Resonance Imaging Market Forces

5.1             What’s Driving the Market

5.2             Porter’s Five Forces Analysis

5.2.1          Power of Suppliers

5.2.2          Threats From New Entrants

5.2.3          Power of Buyer

5.2.4          Threat From Substitute Product

5.2.5          Degree of Competition

Chapter 6           Global Magnetic Resonance Imaging Market -Industry Snapshots

6.1             Overview

6.1.1          Global Magnetic Resonance Imaging Market Value, 2019 – 2028, (US$ Bn)

6.2             Market Overview

6.2.1          Drivers Analysis

6.2.2          Restraint/Challenges analysis

6.2.3          Opportunity Analysis

6.3             Supply Chain/Value Chain Analysis

6.4             Market SWOT Analysis

Chapter 7           Global Magnetic Resonance Imaging Market Analysis, by Field Strength

7.1             Overview

7.2             Key Findings for Magnetic Resonance Imaging Market- By Field Strength

7.2.1          Magnetic Resonance Imaging Market- Low Field Strength

7.2.2          Magnetic Resonance Imaging Market- Mid Field Strength

7.2.3          Magnetic Resonance Imaging Market- High Field Strength

Chapter 8           Global Magnetic Resonance Imaging Market Analysis, by Application

8.1             Overview

8.2             Key Findings for Magnetic Resonance Imaging Market- By Application

8.2.1          Magnetic Resonance Imaging Market- Spine and musculoskeletal

8.2.2          Magnetic Resonance Imaging Market- Brain and neurological

8.2.3          Magnetic Resonance Imaging Market- Cardiac

8.2.4          Magnetic Resonance Imaging Market- Breast

8.2.5          Magnetic Resonance Imaging Market- Others

Chapter 9           Global Magnetic Resonance Imaging Market Analysis, by End User

9.1             Overview

9.2             Key Findings for Magnetic Resonance Imaging Market- By End User

9.2.1          Magnetic Resonance Imaging Market- Hospitals

9.2.2          Magnetic Resonance Imaging Market- Imaging Centres

9.2.3          Magnetic Resonance Imaging Market- Ambulatory Surgical Centres

9.2.4          Magnetic Resonance Imaging Market- Others

Chapter 10       Magnetic Resonance Imaging Market Analysis by Region

10.1           Key Findings for Magnetic Resonance Imaging Market- By region

10.2           Overview

10.2.1       Global Magnetic Resonance Imaging Market Analysis, By Field Strength, 2019 – 2028

10.2.2       Global Magnetic Resonance Imaging Market Analysis, By Application, 2019 – 2028

10.2.3       Global Magnetic Resonance Imaging Market Analysis, By End User, 2019 – 2028

10.3           Magnetic Resonance Imaging Market – North America

10.3.1       Overview

10.3.2       U.S.

10.3.3       Canada

10.3.4       Mexico

10.3.5       North America Market, By Field Strength

10.3.6       North America Market, By Application

10.3.7       North America Market, By End User

10.4           Magnetic Resonance Imaging Market – Europe

10.4.1       Overview

10.4.2       Germany

10.4.3       United Kingdom

10.4.4       France

10.4.5       Italy

10.4.6       Rest Of Europe

10.4.7       Europe Market, By Field Strength

10.4.8       Europe Market, By Application

10.4.9       Europe market by, End User

10.5           Magnetic Resonance Imaging Market – Asia Pacific

10.5.1       Overview

10.5.2       China

10.5.3       Japan

10.5.4       India

10.5.5       Rest of APAC

10.5.6       Asia Pacific Market, By Field Strength

10.5.7       Asia Pacific Market, By Application

10.5.8       Asia Pacific Market, By End User

10.6           Magnetic Resonance Imaging Market – SAMEA

10.6.1       Overview

10.6.2       Middle East & Africa (MEA)

10.6.3       South America

10.6.4       Rest Of World

10.6.5       South America, Middle East and Africa Market, By Field Strength

10.6.6       South America, Middle East and Africa Market, By Application

10.6.7       South America, Middle East and Africa Market, By End User

Chapter 11       Market Competition Analysis

11.1           Market Share/Positioning Analysis

11.1.1       Market Positioning of Key Vendors, 2019

11.1.2       Key Strategies Adopted by the Leading Players

11.1.3       Recent Developments

Chapter 12       Company Profiles- Snapshot

12.1           Aspect Imaging

12.1.1       Business Fundamentals

12.1.2       Financial Snapshots

12.1.3       Product Portfolio

12.1.4       Recent Developments

12.2           Hitachi

12.3           Siemens Healthineers

12.4           Neusoft Medical Systems

12.5           Canon Medical Systems

12.6           GE Healthcare

12.7           Philips

12.8           Bruker

12.9           Aurora Imaging Technology

12.10        Esaote S.P.A

*More than 10 Companies are profiled in this Research Report*

*Financials would be provided on a best efforts basis for private companies”

Chapter 13       Appendix

 

 

 

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