The global MRI Systems Market is projected to be worth USD 8,249.3 Million by 2027, according to a current analysis by Emergen Research. The magnetic resonance imaging systems market is observing high demand attributed to the rising occurrence of target conditions such as breast cancer. Breast cancer is the most commonly occurring cancer type in women, with more than 2 million new breast cancer cases in 2018.
MRI Systems market performs an extensive analysis of the competitive landscape and growing investment pocket of the MRI Systems market for the forecast period, 2021 – 2028. The tailor-made study probes into the current and future trends of that are likely to shape the development of the MRI Systems industry to give the business owners a competitive edge and help them stay ahead of their rivals. The best of both research techniques including qualitative and quantitative are applied to gauge the market size, share, and growth rate.
Various initiatives by governments across the globe are a significant factor in promoting women’s health. In the US, a considerable momentum in legislative policies is being emphasized to make reporting of breast density mandatory; thereby, driving the market demand for the mammography system. As per the statistics of WHO 2013, Global Health Estimates, over 500,000 women suffered death in the year 2011 as a result of breast cancer.
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The research report includes a separate chapter for qualitative analysis. We have followed a descriptive approach while compiling the chapter. The macro and micro economic factors define the share and growth of market. These factors have been carefully understood through secondary and primary sources. All such factors have been explained under headings namely growth driving factors, growth restraining factors, market and technology trends and so on. Depending on the contribution and the growth potential, five countries were chosen for PESTEL analysis and the same has been described in the report.
The report, additionally, offers a comprehensive SWOT analysis and Porter’s Five Forces analysis to offer a better understanding of the competitive landscape of the industry. It also covers strategies adopted by prominent players such as mergers and acquisitions, collaborations, joint ventures, product launches, and brand promotions, among others. The report aims to offer the readers a holistic understanding of the relevant features of the industry.
Key participants include Siemens Healthineers, GE Healthcare, Bruker Corporation, Canon Medical Systems, Koninklijke Philips NV, Aurora Imaging Technology Inc., Neusoft Medical Systems Co. Ltd., Fujifilm, Fonar Corporation, and Aspect Imaging, among others.
We provide detailed product mapping and investigation of various market scenarios. Our expert analysts provide a thorough analysis and breakdown of the market presence of key market leaders. We strive to stay updated with the recent developments and follow the latest company news related to the industry players operating in the global MRI Systems market. This helps us to comprehensively analyze the individual standing of the companies as well as the competitive landscape. Our vendor landscape analysis offers a complete study to help you gain the upper hand in the competition.
The report further divides the MRI Systems market into key segments such as types, applications, end-user industries, technologies, and key regions of the market. The report also sheds light on the segment and region exhibiting promising growth in the MRI Systems market.
Emergen Research has segmented the global MRI Systems Market on the basis of field strength, architecture, application, end-users, and region:
Field Strength Outlook (Revenue, USD Billion; 2017-2027)
Very High Field MRI Systems
High Field MRI Systems
Low-To-Mid Field MRI Systems
Architecture Outlook (Revenue, USD Billion; 2017-2027)
Open MRI Systems
Closed MRI Systems
Application Outlook (Revenue, USD Billion; 2017-2027)
Brain & Neurological
Spine & Musculoskeletal
End-Users Outlook (Revenue, USD Billion; 2017-2027)
Hospitals & Clinics
Ambulatory Care Centers
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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Understanding the market size
The size of the MRI Systems market is viewed in terms of the Share of Market, Total Available Market as well as Served Available Market. Not only does the study present the combined revenue for a particular market but also the market size for a specific geographic region. Analysis of percentage or the size of the Total Available Market based on the type of product, technology, regional constraints and others form an important part of the MRI Systems report.
Knowing the trends influencing the industry performance
Stakeholders, marketing executives and business owners planning to refer a market research report can use this study to design their offerings and understand how competitors attract their potential customers and manage their supply and distribution channels. When tracking the trends researchers have made a conscious effort to analyze and interpret the consumer behaviour. Besides, the research helps product owners to understand the changes in culture, target market as well as brands so they can draw the attention of the potential customers more effectively.
The research provides answers to the following key questions:
What will be the growth rate and the market size of the MRI Systems industry for the forecast period 2021-2028?
What are the major driving forces expected to impact the development of the MRI Systems market across different regions?
Who are the major driving forces expected to decide the fate of the industry worldwide?
Who are the prominent market players making a mark in the MRI Systems market with their winning strategies?
Which industry trends are likely to shape the future of the industry during the forecast period 2021-2028?
What are the key barriers and threats believed to hinder the development of the industry?
What are the future opportunities in the MRI Systems market?
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