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Medical Magnetic Resonance Imaging (MRI): Technologies and Global Markets

  • ID: 5232381
  • Report
  • December 2020
  • Region: Global
  • 111 Pages
  • BCC Research
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FEATURED COMPANIES

  • Alltech Medical Systems
  • Esaote Spa
  • Fonar Corp.
  • GE Healthcare
  • Hitachi Medical Corp.
  • Medonica Co. Ltd.
  • MORE

The global market for MRI systems should grow from $6.2 billion in 2020 to $7.8 billion by 2025 with a compound annual growth rate (CAGR) of 4.8% for the period of 2020-2025.

This report includes:

  • 49 tables
  • Detailed overview of the global markets and technologies for medical magnetic resonance imaging (MRI)
  • Country specific data and analysis for the United States, Canada, Mexico, Germany, U.K., France, China, India, Japan, South Korea, Middle East and Africa
  • Analyses of global market trends, with data from 2019, estimates for 2020, and projections of compound annual growth rates (CAGRs) through 2025
  • Segmentation of the global MRI systems market by geographical region, end user, type, field strength and application areas
  • Information on market dynamics such as drivers, restraints, opportunities, technological advancements and identification of growth inhibiting areas that affect the global market
  • Evaluation of current market trends, market size, market forecast, and technological advancements within the industry
  • Coverage of events like mergers & acquisitions, joint ventures, collaborations or partnerships, and other key market strategies
  • Assessment of vendor landscape and corporate-level profiles of key companies operating for MRI devices market, including Siemens Healthcare GmbH, Alltech Medical Systems, Philips Healthcare, Hitachi Medical Corp., and GE Healthcare

Report Scope

This report serves as a guide for subscribers who wish to understand the medical MRI market extensively in terms of the science, revenues, technology innovations, key manufacturers, and the competitive landscape. In this report, the market estimates are provided considering new sales of MRI machines for human use only. The market estimates for used and refurbished MRI machines will be discussed in a different report.

This report provides an overview and the following information at a regional level for various categories and distribution shares in the market, as well as the competitive landscape:

  • Comprehensive data related to the market revenue, company share and distribution share.
  • Corporate-level profiles of key companies operating in the market for medical MRI machines, which includes a brief overview of the company, its business activities and its share of the respective market. The selection of the companies is based on their operational presence and sales performance.
  • A list of key products under development and/or clinical investigation by key companies.

The market was segmented based on architecture, field strength, end user and geography. By architecture, the market was segmented as open and closed systems. By field strength, the market was segmented by low-medium, high- and ultra-high field MRI systems. By application area, the market was segmented as orthopedic, spine, brain, cardiovascular, head and neck, abdominal and pelvis, whole body MRI and others. By end user, the market was segmented as hospitals, ambulatory centers and diagnostic imaging laboratories. By geography, the market was segmented into North America (including the U.S., Canada and Mexico); Europe (including Germany, the U.K., France, Italy and Rest of Europe); Asia-Pacific (including China, India, Japan, Australia and South Korea) and Rest of the World (RoW), which includes the Middle East and Africa, and South America.

Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Alltech Medical Systems
  • Esaote Spa
  • Fonar Corp.
  • GE Healthcare
  • Hitachi Medical Corp.
  • Medonica Co. Ltd.
  • MORE

Chapter 1: Introduction

  • Intended Audience
  • Study Goals and Objectives
  • Reasons for Doing This Study
  • Scope of Report
  • Information Sources
  • Primary Research
  • Secondary Research
  • Methodology
  • Market Estimate
  • Geographic Breakdown
  • Analyst's Credentials

Chapter 2: Summary and Highlights

Chapter 3: Overview of MRI Devices

  • Definition of an MRI Device
  • History of MRI
  • MRI Process
  • Components of an MRI System
  • Types of MRI devices
  • By Architecture
  • By Field Strength

Chapter 4: Market Dynamics

  • Market Drivers
  • Increasing Demand for Advanced Imaging Technologies
  • Aging World: Increasing Need for Imaging Technology
  • Increasing Prevalence of Chronic Diseases
  • Increasing Healthcare Spending
  • Market Restraints
  • Regulatory Constraints
  • Declining Public Insurance Refunds
  • Macroeconomic Factors
  • Declining Helium Gas Reserves and Production

Chapter 5: Market Breakdown by Architecture

  • Overview
  • Global Market Shares of MRI Systems by Segment
  • Closed MRI Systems
  • Open MRI Systems
  • Extremity MRI Systems

Chapter 6: Market Breakdown by Field Strength

  • Overview
  • Significance of Magnetic Strength
  • Need for High Magnetic Field Strength
  • Market Segmentation
  • Market Analysis

Chapter 7: Market Breakdown by Application

  • Overview
  • Market Drivers
  • Market Segmentation by Application
  • Market Analysis

Chapter 8: Market Breakdown by End User

  • Overview and Market Segmentation
  • Market Analysis

Chapter 9: Market Breakdown by Region

  • Global Medical Device Industry Scenario
  • Global Market for MRI Systems by Region
  • North America
  • Asia-Pacific
  • Europe
  • RoW

Chapter 10: Competitive Landscape

  • Industry Scenario
  • Factors Controlling the Market
  • Market Opportunities
  • Cryogen-Free Pre-clinical MRI Scanners
  • Scope for Product Innovations
  • Emerging Markets: A Ray of Hope for Struggling Manufacturers
  • Market Share
  • Advantages of Leading Manufacturers

Chapter 11: Company Profiles

  • Alltech Medical Systems
  • Aurora Imaging Technology Inc.
  • Canon Medical Systems Corp.
  • Esaote Spa
  • Fonar Corp.
  • GE Healthcare
  • Hitachi Medical Corp.
  • Medonica Co. Ltd.
  • Neusoft Medical Systems Co. Ltd.
  • Philips Healthcare
  • Shenzhen Anke High-Tech Co. Ltd.
  • Siemens Healthcare GmbH
  • Time Medical Systems

List of Tables

Summary Table A : Global Market for MRI Systems, by Architecture, Through 2025
Summary Table B : Global Market for MRI Systems, by Region, Through 2025
Table 1 : Global Population, Age 60 and Older, 1980-2020
Table 2 : Treatment Cost of Chronic Diseases in the U.S., 2016
Table 3 : Total Healthcare Spending in the U.S., 2015
Table 4 : Healthcare Expenditures Per Capita Around the World, 2017
Table 5 : MRI Systems and Components Recalled by FDA, 2019-2020
Table 6 : Global Market for MRI Systems, Through 2025
Table 7 : Global Market for MRI Systems, by Architecture, Through 2025
Table 8 : Global Market for Closed MRI Systems, by Region, Through 2025
Table 9 : Global Market for Open MRI Systems, by Region, Through 2025
Table 10 : Global Market for Extremity MRI Systems, by Region, Through 2025
Table 11 : Global Market for MRI Systems, by Field Strength, 2019
Table 12 : Global Market for MRI Systems, by Field Strength, Through 2025
Table 13 : Global Market for MRI Systems, by Application, Through 2025
Table 14 : Global Market for Spine MRI, by Region, Through 2025
Table 15 : Global Market for Brain MRI, by Region, Through 2025
Table 16 : Global Market for Vascular and Cardiac MRI, by Region, Through 2025
Table 17 : Global Market for Extremities and Musculoskeletal MRI, by Region, Through 2025
Table 18 : Global Market for Head and Neck MRI, by Region, Through 2025
Table 19 : Global Market for Abdominal and Pelvis MRI, by Region, Through 2025
Table 20 : Global Market for Whole Body MRI, by Region, Through 2025
Table 21 : Global Market for MRI in Other Applications, by Region, Through 2025
Table 22 : Global Market for MRI Systems, by End User, Through 2025
Table 23 : North American Market for MRI Systems, by End User, Through 2025
Table 24 : European Market for MRI Systems, by End User, Through 2025
Table 25 : Asia-Pacific Market for MRI Systems, by End User, Through 2025
Table 26 : RoW Market for MRI Systems, by End User, Through 2025
Table 27 : Global Market for MRI Systems, by Region, Through 2025
Table 28 : North American Market for MRI Systems, Through 2025
Table 29 : North American Market for MRI Systems, by Country, Through 2025
Table 30 : North American Market for MRI Systems, by Architecture, Through 2025
Table 31 : North American Market for MRI Systems, by Field Strength, Through 2025
Table 32 : North American Market for MRI Systems, by Application, Through 2025
Table 33 : APAC Market for MRI Systems, Through 2025
Table 34 : APAC Market for MRI Systems, by Country, Through 2025
Table 35 : APAC Market for MRI Systems, by Architecture, Through 2025
Table 36 : APAC Market for MRI Systems, by Application, Through 2025
Table 37 : European Market for MRI Systems, Through 2025
Table 38 : European Market for MRI Systems, by Country, Through 2025
Table 39 : European Market for MRI Systems, by Architecture, Through 2025
Table 40 : European Market for MRI Systems, by Application, Through 2025
Table 41 : European Market for MRI Systems, by Field Strength, Through 2025
Table 42 : RoW Market for MRI Systems, Through 2025
Table 43 : RoW Market for MRI Systems, by Architecture, Through 2025
Table 44 : RoW Market for MRI Systems, by Application, Through 2025
Table 45 : GE Healthcare: List of Subsidiaries
Table 46 : Royal Philips: List of Subsidiaries
Table 47 : Philips: Health: Business Segments

List of Figures

Summary Figure A : Global Market for MRI Systems, by Architecture, 2019-2025
Summary Figure B : Global Market for MRI Systems, by Region, 2019-2025
Figure 1 : Components of an MRI System
Figure 2 : Population Age 65 and Older in G7 Countries, 2016
Figure 3 : Global Market for MRI Systems, 2019-2025
Figure 4 : Global Market Share of MRI Systems, by Architecture, 2019
Figure 5 : Global Market Share of Closed MRI Systems, by Region, 2019
Figure 6 : Global Market for Closed MRI Systems, by Region, 2019-2025
Figure 7 : Global Market Share of Open MRI Systems, by Region, 2019
Figure 8 : Global Market Share of Open MRI Systems, by Region, 2025
Figure 9 : Global Market for Open MRI Systems, by Region, 2019-2025
Figure 10 : Global Market Share of Extremity MRI Systems, by Region, 2019
Figure 11 : Global Market Share of Extremity MRI Systems, by Region, 2025
Figure 12 : Global Market for Extremity MRI Systems, by Region, 2019-2025
Figure 13 : Global Market Share of MRI Systems, by Field Strength, 2019
Figure 14 : Global Market Share of MRI Systems, by Field Strength, 2025
Figure 15 : Global Market Share of MRI Systems, by Application, 2019
Figure 16 : Global Market Share of MRI Systems, by Application, 2025
Figure 17 : Global Market Share of MRI Systems, by End User, 2025
Figure 18 : Global Market Share of MRI Systems, by End User, 2019
Figure 19 : Global Market for MRI Systems, 2019-2025
Figure 20 : Global Market Share of MRI Systems, by Region, 2019
Figure 21 : Global Market Share of MRI Systems, by Region, 2025
Figure 22 : Global Market for MRI Systems, by Region, 2019-2025
Figure 23 : North American Market Share of MRI Systems, by Country, 2019
Figure 24 : North American Market Share of MRI Systems, by Country, 2025
Figure 25 : North American Market Share of MRI Systems, by Architecture, 2019
Figure 26 : North American Market Share of MRI Systems, by Field Strength, 2019
Figure 27 : North American Market Share of MRI Systems, by Field Strength, 2025
Figure 28 : APAC Market Share of MRI Systems, by Country, 2019
Figure 29 : APAC Market Share of MRI Systems, by Country, 2025
Figure 30 : APAC Market Share of MRI Systems, by Architecture, 2019
Figure 31 : APAC Market Share of MRI Systems, by Application, 2019
Figure 32 : European Market Share of MRI Devices, by Country, 2019
Figure 33 : European Market Share of MRI Systems, by Country, 2025
Figure 34 : European Market Share of MRI Systems, by Architecture, 2019
Figure 35 : European Market Share of MRI Systems, by Application, 2019
Figure 36 : ROW Market Share of MRI Systems, by Architecture, 2019
Figure 37 : ROW Market Share of MRI Systems, by Application, 2019
Figure 38 : Global Market Share of MRI Systems, by Company Revenue, 2019
Figure 39 : Canon Corp.: Revenue, 2015-2017
Figure 40 : Fonar Corp.: Revenue, 2012-2016
Figure 41 : GE: Annual Revenue, 2015-2017
Figure 42 : GE Healthcare: Market Share, by Region, 2017
Figure 43 : GE Healthcare: Revenue Share, by Product Division, 2017
Figure 44 : Hitachi High Tech: Annual Revenue, 2015-2017
Figure 45 : Hitachi High Tech: Market Share, by Business Unit, 2017
Figure 46 : Philips: Sales Revenue, 2015-2017
Figure 47 : Philips: Sales Revenue Share, by Business Unit, 2016
Figure 48 : Philips: Sales Revenue Share, by Business Unit, 2017
Figure 49 : Siemens: Annual Revenue, 2016 and 2017
Figure 50 : Siemens Healthineers: Annual Revenue, 2016 and 2017

Note: Product cover images may vary from those shown
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  • Alltech Medical Systems
  • Aurora Imaging Technology Inc.
  • Canon Medical Systems Corp.
  • Esaote Spa
  • Fonar Corp.
  • GE Healthcare
  • Hitachi Medical Corp.
  • Medonica Co. Ltd.
  • Neusoft Medical Systems Co. Ltd.
  • Philips Healthcare
  • Shenzhen Anke High-Tech Co. Ltd.
  • Siemens Healthcare GmbH
  • Time Medical Systems
Note: Product cover images may vary from those shown
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