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World Closed MRI Systems Market - Opportunities and Forecasts, 2017 - 2023

  • ID: 3773725
  • Report
  • September 2019
  • Region: Global
  • Allied Analytics LLP
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Magnetic Resonance Imaging (MRI) is a technique used in radiology to capture images of physiological processes in body. Closed MRI system is a tube-like tunnel with high field strength used to obtain greater resolution and thinner slices. It is helpful to study smaller parts of body. It scans patients faster than other MRI systems. Closed MRI systems use magnetic field and radio waves that screen and diagnose various diseases, such as multiple sclerosis (MS), cartilage degeneration in the knee, breast cancer, dementia, prostate cancer, spinal tuberculosis, and others.

Growing aging population and awareness among people about the benefits of MRI scanning are factors propelling the growth of world closed MRI systems market. However, high cost of MRI systems, declining reimbursement rates for MRI procedures, and reduction in the availability of helium that could force hospitals to replace costly MRI magnets would hinder the growth of the market. In addition, advancements in MRI techniques include superconducting (SC) magnets, open architecture, high-field MRI, and software applications would present tremendous opportunities for growth.

The world closed MRI systems market is segmented into field strength, application, and geography. Based on field strength, the market is further classified into low-to-mid field, high field, very high field, and ultra-high field. The applications covered in the report are brain, spine, cardiac, breast, and abdominal MRI systems. The market is classified geographically into North America, Asia, Europe, and Latin America, Middle East and Africa (LAMEA).

The key market players active in the market are GE Healthcare, Philips Healthcare, Siemens Healthcare, Toshiba Medical Systems, Imris Inc., Fonar Corporation, Esaote S.P.A., Hitachi Medical Corporation, Neusoft Medical System, and Aurora Medical Imaging. Various strategies adopted by these companies to gain stronghold of the market include partnerships, collaborations, approvals, mergers & acquisitions, joint ventures, expansions, and others.

KEY BENEFITS FOR STAKEHOLDERS:

The report offers a detailed analysis of key driving and restraining factors of the world closed MRI systems market.
An exhaustive analysis of key strategies adopted by leading manufacturers helps in understanding competitive scenario.
The report provides an extensive analysis of current and future market status of the world closed MRI systems market.
This report offers an in-depth quantitative analysis of the current market and estimations through 2015-2020, which assists in identifying the prevailing market opportunities.
Comprehensive analysis has been done in this report by constructing market estimations for the key market segments between 2015 and 2020.
An extensive analysis of current research and clinical developments withinthe world closed MRI systems market is provided with key market dynamic factors that help in understanding the behaviour of the market.
The world closed MRI systems market is segmented into North America, Asia, Europe, and Latin America, Middle East and Africa (LAMEA).

KEY MARKET SEGMENTS:

By Field Strength

Low-To-Mid Field
High Field
Very High Field
Ultra-High Field

By Application

Brain
Spine
Cardiac
Breast
Abdominal

By Geography

North America
Asia
Europe
Latin America, Middle East and Africa (LAMEA)

Key Market Players:

GE Healthcare
Philips Healthcare
Siemens Healthcare
Toshiba Medical Systems
Imris Inc.
Fonar Corporation
Esaote S.P.A.
Hitachi Medical Corporation
Neusoft Medical System
Aurora Medical Imaging



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The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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