Magnetic Resonance Imaging (MRI) System Market 2025: by architecture (open MRI, closed MRI, standard-bore MRI, and wide-bore MRI) and field strength (high field, medium field, and low field)

Magnetic Resonance Imaging (MRI) is a scanning technique which is used for creating detailed images of human body. MRI system use strong magnetic field and radio waves to generate images of several organs of human body such as, inside the joints, cartilage, ligaments, muscles and tendons which are not visible by using X-rays, Computed Tomography (CT) scan or ultrasound.

Global Magnetic Resonance Imaging (MRI) System Market Expected to Reach XX Million by 2025 

According to a new report published by Reports Monitortitled, “Magnetic Resonance Imaging (MRI) System Market By Architecture & Field Strength: Global Opportunity Analysis and Industry Forecast, 2017–2025,” the Magnetic Resonance Imaging (MRI) system market was valued at XX million in 2016, and is projected to reach at XX million by 2025, growing at a CAGR of XX% from 2017 to 2025. 

In September 2016, GE Healthcare introduced new software named MAGiC (Magnetic resonance image Compilation). It is the first MRI contrast technique which delivers eight contrasts in a single acquisition fraction of time.

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Increasing awareness about various degenerative diseases in elder population across the globe creates severe impact and expected to drive the MRI system market. Further, change in lifestyle, lack of exercise, and consumption of injurious substances are the reasons for harmful chronic diseases such as, cancer, liver & kidney disorders, and heart attacks. These disorders fuel up the growth of MRI system market. Moreover, rapid advancement in technologies used in MRI machineries and software are anticipated to create better opportunities for MRI systems in upcoming years. 

However, insufficiency of skilled professionals for machine handling as well as high costing of these machineries hinders the market growth of MRI system.

This report presents a detailed evaluation of Magnetic Resonance Imaging (MRI) system, which incorporates current industry situations such as market size, growth and demands, market outlook, major players with their key strategies which include investment, mergers and acquisitions, value chain analysis and porter’s evaluation. It covers the marketplace canvas and the boom opportunities in the coming years. The report has been made with an in-depth analysis along with vital inputs from the various industry professionals. The research is accomplished with both extensive primary and secondary data resources supported with either bottom up or top down approach. 

The major growth factors for MRI system market in North American region are increasing usage of MRI system due to consistent technical advancement, high availability of elderly population, and supportive health policies in U.S. and Canada countries. However, continuous rise in demand for MRI system and massive number of severe health disorders affected population in Asia-Pacific region countries such as, China, India, Japan, North Korea and Middle East countries. 

Key Question Answered:

• What will be the market size in 2025 and at what rate it will grow?

• What trends, barriers, challenges are influencing its growth?

• Who are the major key players in global Magnetic Resonance Imaging (MRI) system market and what are their strategies?

• Which vertical industry is expected to show major growth?

• What segment and region will lead the market and why?

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The major companies profiled in the report include: GE Healthcare, Siemens Healthcare, Philips Healthcare, Hitachi Medical Corporation, Toshiba Medical Systems Corporation, Shimadzu Corp, Carestream Health, Hologic Barco, and Nordion Inc. 

Research Scope

The study for Global Magnetic Resonance Imaging (MRI) System Market Survey and Trend Research 2018 will provide market size, estimates and forecast based on the following years:

Historic data: 2015 Base Year Estimate: 2016 Forecast: 2017 to 2025

The report has been categorized in two distinctive sections, where the first category titled as Market Overview provides a holistic view of the market, key trends, drivers, challenges/restraints or opportunities with their current and expected impact on the overall industry sales.

Our analyst implement, several qualitative tools such as Ansoff’s Matrix, PESTEL analysis, Porter’s five force analysis among other to interpret and represent key industry findings.

The second section of the study provides market size, estimates and forecast for key market segments and regional market. The final part of the report highlights key manufacturers/vendors operating in the associated market.

1. Introduction

1.1. Market Definition

1.2. Market Scope

2. Research Methodology

2.1. Primary Research

2.2. Secondary Sources

2.3. Assumptions & Exclusions

3. Market Overview

3.1. Research Report Segmentation & Scope

3.2. Key Market Trend Analysis

3.2.1. Market Drivers

3.2.2. Market Restraint/Challenges

3.2.3. Market Opportunities

3.3. Porter’s Five Forces Analysis

3.4. Potential Venture Avenues

3.5. Market Share Analysis, 2016 

4. Architecture Overview

4.1. Introduction 

4.2. Market Size & Forecast, 2015 to 2025

4.2.1. Open MRI

4.2.2. Closed MRI

4.2.3. Standard-Bore MRI

4.2.4. Wide-Bore MRI

(Note: The segments mentioned above are tentative in nature and are subject to change as the research progresses)

5. Field Strength Overview

5.1. Introduction 

5.2. Market Size & Forecast, 2015 to 2025

5.2.1. High Field

5.2.2. Medium Field

5.2.3. Low Field

(Note: The segments mentioned above are tentative in nature and are subject to change as the research progresses)

6. Regional Overview

6.1. Introduction

6.2. Market Size & Forecast, 2015 to 2025

6.2.1. North America U.S. Canada Mexico 

6.2.2. Europe UK Germany France Italy Russia Poland Rest of Europe

6.2.3. Asia-Pacific China India Japan Australia South Korea Rest of Asia-Pacific

6.2.4. LAMEA Saudi Arabia UAE South Africa Rest of LAMEA

(Note: The segments mentioned above are tentative in nature and are subject to change as the research progresses)

7. Manufacturer/ Vendor Profile

7.1. The following attributes will be considered while profiling key manufacturers in this industry: 

7.1.1. Company Overview

7.1.2. Financial Synopsis

7.1.3. Recent Developments

7.1.4. R&D Investments (if any)

7.1.5. Strategy Overview (Analyst Perspective)

7.1.6. Product Portfolio

7.2. Companies Profiled

7.2.1. GE Healthcare

7.2.2. Siemens Healthcare

7.2.3. Philips Healthcare

7.2.4. Hitachi Medical Corporation

7.2.5. Toshiba Medical Systems Corporation

7.2.6. Shimadzu Corp.

7.2.7. Carestream Health

7.2.8. Hologic, Barco

7.2.9. Nordion Inc.

(Note: The companies mentioned above are tentative in nature, and profiles of other market players not listed here can be included on request.)  

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