Global MRI Systems Market 2017-2021 - Product Image

Global MRI Systems Market 2017-2021

  • ID: 4070579
  • Report
  • Region: Global
  • 111 pages
  • TechNavio
OFF
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

1 of 5

FEATURED COMPANIES

  • Advanced Imaging Research
  • Bruker
  • Fonar
  • Hitachi Medical Systems
  • Neusoft
  • Siemens Healthineers
  • MORE
Magnetic resonance imaging (MRI) is an imaging technique that creates detailed images of the organs and tissues in the body with the help of a magnetic field and radio waves. The technique does not use ionizing radiation either for the diagnosis or the study of brain function or growth of cancer. MRI is used for a variety of clinical applications such as neurology, cardiology, oncology, musculoskeletal, and orthopedics. Hence, MRI helps in the diagnosis and treatment of several conditions.

The analysts forecast the global MRI systems market to grow at a CAGR of 6.65% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global MRI systems market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of MRI systems.

The market is divided into the following segments based on geography:

- Americas
- APAC
- EMEA

The report, Global MRI Systems Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- GE Healthcare
- Philips Healthcare
- Siemens Healthineers
- Toshiba Medical Systems

Other prominent vendors
- Advanced Imaging Research
- Biophan Technologies
- Bruker
- Esaote
- Fonar
- Hitachi Medical Systems
- Mindray
- Neusoft
- Ningbo Jansen NMR Technology

Market drivers
- Development of superconducting (SC) magnets
- For a full, detailed list, view the full report

Market challenges
- Competition from other imaging modalities
- For a full, detailed list, view the full report

Market trends
- Growing focus on development of PET/MRI hybrid imaging systems
- For a full, detailed list, view the full report

Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

You can request one free hour of the analyst’s time when you purchase this market report. Details are provided within the report.
READ MORE
Note: Product cover images may vary from those shown
2 of 5

FEATURED COMPANIES

  • Advanced Imaging Research
  • Bruker
  • Fonar
  • Hitachi Medical Systems
  • Neusoft
  • Siemens Healthineers
  • MORE
Part 01: Executive summary

Part 02: Scope of the report

Part 03: Research Methodology

Part 04: Introduction
  • Key market highlights
Part 05: Market landscape
  • Market overview
  • Market size and forecast
  • Five forces analysis
Part 06: Market segmentation by product type
  • Open MRI
  • Closed MRI
Part 07: Market segmentation by MRI strength
  • Low-field strength MRI systems
  • Mid-field strength MRI systems
  • High-field strength MRI systems
Part 08: Market segmentation by application
  • Brain and neurological disorders
  • Whole-body screening
  • Cardiac imaging
  • Interventional radiology
  • Breast imaging
  • Other applications
Part 09: Market segmentation by end-user
  • Hospitals
  • Diagnostic centers and clinics
Part 10: Geographical segmentation
  • MRI systems in Americas
  • MRI systems in EMEA
  • MRI systems in APAC
Part 11: Market drivers
  • Development of superconducting (SC) magnets
  • Advent of MRI-compatible pacemakers
  • Emergence of hybrid imaging technologies
Part 12: Impact of drivers

Part 13: Market challenges
  • Growing demand for refurbished devices
  • High cost of MRI scans
  • Competition from other imaging modalities
Part 14: Impact of drivers and challenges

Part 15: Market trends
  • Strategic initiatives
  • Growing focus on development of PET/MRI hybrid imaging systems
  • Growing importance of tele-imaging
Part 16: Vendor landscape
  • Competitive landscape analysis
Part 17: Key vendor analysis
  • GE Healthcare
  • Philips Healthcare
  • Siemens Healthineers
  • Toshiba Medical Systems
  • Other prominent vendors
Part 18: Appendix
  • List of abbreviations
Part 19: About the Author

List of Exhibits

Exhibit 01: Global MRI systems market: Market overview 2016-2021
Exhibit 02: Global MRI systems market 2017-2021 ($ billions)
Exhibit 03: Five forces analysis
Exhibit 04: Market segmentation of MRI systems by product type 2016
Exhibit 05: Global open MRI systems: Market overview
Exhibit 06: Global open MRI systems market 2017-2021 ($ billions)
Exhibit 07: Factors impacting market growth of open MRI systems
Exhibit 08: Product offerings: Open MRI systems
Exhibit 09: Global closed MRI systems: Market overview
Exhibit 10: Global closed MRI systems market 2017-2021 ($ billions)
Exhibit 11: Factors impacting market growth of closed MRI systems
Exhibit 12: Product offerings: Closed MRI systems
Exhibit 13: Global market segmentation by MRI strength 2016
Exhibit 14: Product offerings: Low-field strength MRI systems
Exhibit 15: Global low-field strength MRI systems: Market impact and assessment 2016
Exhibit 16: Global low-field strength MRI systems market 2017-2021 ($ billions)
Exhibit 17: Product offerings: Mid-field strength MRI systems
Exhibit 18: Global mid-field strength MRI systems: Market impact and assessment 2016
Exhibit 19: Global mid-field strength MRI systems market 2017-2021 ($ billions)
Exhibit 20: Product offerings: High-field strength MRI systems
Exhibit 21: Global high-field strength MRI systems: Market impact and assessment 2016
Exhibit 22: Global high-field strength MRI systems market 2017-2021 ($ billions)
Exhibit 23: Global MRI systems market, by application 2016 (%)
Exhibit 24: Statistics for epilepsy in the leading countries
Exhibit 25: Statistics for cerebral palsy in the leading countries
Exhibit 26: Global MRI systems market for brain and neurological disorders: Market overview
Exhibit 27: Global MRI systems market for brain and neurological disorders 2016-2021 ($ billions)
Exhibit 28: Global MRI systems market for whole-body screening: Market overview
Exhibit 29: Global MRI systems market for whole-body screening 2016-2021 ($ billions)
Exhibit 30: Global MRI systems market for cardiac imaging: Market overview
Exhibit 31: Global MRI systems market for cardiac imaging 2016-2021 ($ billions)
Exhibit 32: Global MRI systems market for interventional radiology: Market overview
Exhibit 33: Global MRI systems market for interventional radiology 2016-2021 ($ billions)
Exhibit 34: Global MRI systems market for breast imaging: Market overview
Exhibit 35: Global MRI systems market for breast imaging 2016-2021 ($ billions)
Exhibit 36: Global MRI systems market for other applications: Market overview
Exhibit 37: Global MRI systems market for other applications 2016-2021 ($ billions)
Exhibit 38: Global MRI systems market by end-user 2016 (%)
Exhibit 39: Global MRI systems by geographical segmentation 2016 (%)
Exhibit 40: MRI systems in the Americas: Market overview
Exhibit 41: MRI systems market in Americas 2016-2021 ($ billions)
Exhibit 42: MRI systems market in Americas: Analysis by country
Exhibit 43: MRI systems in EMEA: Market overview
Exhibit 44: MRI systems market in EMEA 2016-2021 ($ billions)
Exhibit 45: Number of MRI units in various countries (2013)
Exhibit 46: MRI systems market in EMEA: Analysis by country
Exhibit 47: MRI systems in APAC: Market overview
Exhibit 48: MRI systems market in APAC 2016-2021 ($ billions)
Exhibit 49: MRI systems market in APAC: Analysis by country
Exhibit 50: Impact of drivers
Exhibit 51: Impact of drivers and challenges
Exhibit 52: Acquisitions in MRI market
Exhibit 53: Competitive structure analysis of global MRI systems market 2016
Exhibit 54: Competitive landscape analysis of global MRI systems market 2016
Exhibit 55: Strategic factors determining success for leading companies in global MRI systems market
Exhibit 56: GE Healthcare: Strength assessment
Exhibit 57: GE Healthcare: Strategy assessment
Exhibit 58: GE Healthcare: Opportunity assessment
Exhibit 59: Philips Healthcare: Strength assessment
Exhibit 60: Philips Healthcare: Strategy assessment
Exhibit 61: Philips Healthcare: Opportunity assessment
Exhibit 62: Siemens Healthineers: Strength assessment
Exhibit 63: Siemens Healthineers: Strategy assessment
Exhibit 64: Siemens Healthineers: Opportunity assessment
Exhibit 65: Toshiba Medical Systems: Strength assessment
Exhibit 66: Toshiba Medical Systems: Strategy assessment
Exhibit 67: Toshiba Medical Systems: Opportunity assessment
Note: Product cover images may vary from those shown
3 of 5

Loading
LOADING...

4 of 5

FEATURED COMPANIES

  • Advanced Imaging Research
  • Bruker
  • Fonar
  • Hitachi Medical Systems
  • Neusoft
  • Siemens Healthineers
  • MORE
New Report Released: - Global MRI Systems Market 2017-2021

The author of the report recognizes the following companies as the key players in the global MRI systems market: GE Healthcare, Philips Healthcare, Siemens Healthineers, and Toshiba Medical Systems

Other Prominent Vendors in the market are: Advanced Imaging Research, Biophan Technologies, Bruker, Esaote, Fonar, Hitachi Medical Systems, Mindray, Neusoft, and Ningbo Jansen NMR Technology

Commenting on the report, an analyst from the research team said: “The global MRI systems market has been witnessing a trend of strategic initiatives. The market is highly competitive and to survive this competition, vendors are adopting strategic collaborations and mergers and acquisitions (M&A). Leading vendors in the market acquire other complementary players to improve their geographical presence and enhance their expertise. With the growing demand for medical imaging equipment such as MRI, CT Scanners, X-rays systems, SPECT/PET equipment, and ultrasound systems, vendors are looking to implement inorganic growth strategies such as mergers and acquisitions. These strategies allow vendors to quickly penetrate the market by leveraging the products of the acquired player. Also, this will enable companies to capitalize on the existing market presence of the acquired player.”

According to the report, MRI systems have become the most preferred diagnostic imaging method to scan the various areas of the brain for detecting conditions such as brain tumors, spine lesions, anomalies of blood vessels, and stroke affected areas of the brain. Vendors are focusing on the advances in technology of MRI systems to improve the field strength to provide a better signal, improve the quality of the image, and improve the output. For instance, a 3-tesla unit is twice as good as a 1.5 tesla unit, with respect to image quality and scan timing, and it obviates the need for a second system. For instance, Ningbo Jansen NMR Technology is the manufacturer of open MRI units with SC magnets. There are different types of MRI systems available with SC magnets such as 0.5T and 0.7T by the vendor. Companies such as Supercon manufacture superconducting coils for MRI units with SC magnets. There are other advancements in the field of medical imaging such as the use of superconducting magnets for MRI systems. The recent technology of superconducting and cryogenic can be combined, which can help in meeting the growing demand for high-field strength MRI systems. The development of superconducting magnets helps in increasing the magnetic field strength of MRI systems. These are widely used in different science research, health, industrial, and energy applications. The future of MRI systems is the use of superconducting magnets in the development of strong magnetic field MRI systems.

Further, the report states that clinics and diagnostic centers with low budgets are buying used and refurbished MRI systems. The sales of refurbished MRI systems are hampering the sales of new MRI systems. Many local vendors are exporting and importing used and refurbished MRI systems. Also, used and refurbished MRI systems are usually available at half the price of new ones, and the vendors also provide a warranty period of a couple of years. In addition, customers have low awareness about the availability of low cost refurbished systems. Also, customers trust local companies to provide better after-sales support, which compels the large vendors to scale down the prices of their MRI systems. There are developing countries such as India and China where refurbished systems sales are higher than the sales of new MRI systems.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown
5 of 5
  • GE Healthcare
  • Philips Healthcare
  • Siemens Healthineers
  • Toshiba Medical Systems
  • Advanced Imaging Research
  • Biophan Technologies
  • Bruker
  • Esaote
  • Fonar
  • Hitachi Medical Systems
  • Mindray
  • Neusoft
  • Ningbo Jansen NMR Technology
Note: Product cover images may vary from those shown
6 of 5
Note: Product cover images may vary from those shown
Adroll
adroll