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Global Magnetic Resonance Imaging (MRI) Systems Market Insights, Opportunity, Analysis, Market Shares And Forecast 2016 – 2022

Global Magnetic Resonance Imaging (MRI) Systems Market Insights, Opportunity, Analysis, Market Shares And Forecast 2016 – 2022

The global magnetic resonance imaging (MRI) systems market is projected to grow at a CAGR of 5.8% during 2016-2022, and it is estimated to contribute around $7250 million till 2021. Magnetic resonance imaging is a technique that uses radio waves and magnetic field to create detailed images of tissues and organs of the human body. The images given by MRI is used for the diagnosis and treatment of the disease. There are many other imaging technologies that are being used in medical sector such as X-ray, CT scan, Ultrasound among others; of which, MRI is the most used techniques to diagnose any diseased patient. There are many benefits of MRI over other imaging devices, like faster speed of MRI; crisp and clear quality of image; it can produce 3D isotropic images; the capability of producing any image in plane; and the most important one being, MRI produces very low or no medical radiation. There are many factors that are driving the global magnetic resonance imaging (MRI) systems market such as fast growing geriatric population; increasing the number of lifestyle oriented diseases such as cancer, diabetes and cardiovascular diseases; increasing awareness regarding early age diagnostics; latest advancement in MRI devices and related technologies; rising neurological diseases and other nerve related issues; along with, rising healthcare expenditures.

MRI devices are technologically advanced machineries that requires skilled and highly trained doctors to operate the devices, this adds up the total cost of MRI services. The MRI devices have high cost of purchase, installation, and, functioning, that can only be afforded by financially sound hospitals and laboratories. This high cost of MRI services acts as a barrier in the growth of global magnetic resonance imaging (MRI) systems market.

On the basis of geography, market is segmented into North America, Asia Pacific, Europe and the Rest of the World. Of which, North America dominates the global magnetic resonance imaging (MRI) systems market as the region is highly developed and technological advanced; the healthcare expenditure is rising in the region, along with growing awareness regarding healthcare issues; advanced healthcare setup and infrastructure, and so on. Asia Pacific is projected to be the fastest growing region, reason being rapidly growing geriatric population in the region that increases the number of people suffering from chronic diseases resulting in the rising use of MRI services in diagnostic tests and treatment of diseases. China and India are the major economies of the region having the largest population in the world, which is contributing heavily in the global magnetic resonance (MRI) systems market. Europe, also, is showing a positive growth in global magnetic resonance imaging (MRI) systems market, the major reasons being rising geriatric population in the region, along with rapid technological advancements, and favorable healthcare reforms.

Some of the major market players are Esoate SPA, GE Healthcare, Neusoft Medical systems Co. Ltd., IMRIS Inc., Samsung Medison Co. Ltd, Mindray Medical International Ltd., Hitachi Medical Corporation, Johnson & Johnson, Smith and nephew Inc., Stryker Corporation, Philips Corporation, Roche Diagnostics Ltd., Toshiba Medical systems Corp., Medtronic Inc., Siemens Healthcare, etc. Acquisition, mergers and expansions are the key strategies adopted by the market players to sustain in the market.

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1. INTRODUCTION
1.1. EXECUTIVE SUMMARY
1.2. ESTIMATION METHODOLOGY
2. MARKET OVERVIEW
2.1. MARKET DEFINITION AND SCOPE
2.2. KEY FINDINGS
2.3. PARAMETRIC ANALYSIS
2.3.1. INCIDENCE AND PREVALENCE RATE OF CANCER
2.3.2. INCIDENCE AND PREVALENCE RATE OF CVD
2.3.3. INCIDENCE AND PREVALENCE RATE OF GERIATRIC POPULATION
2.3.4. INCIDENCE AND PREVALENCE RATE OF NEUROLOGICAL DISORDERS
2.3.5. ADOPTION OF CANCER THERAPIES ACROSS HOSPITALS AND CLINICS
2.3.6. GROWING HEALTHCARE EXPENDITURE ACROSS GEOGRAPHIES
2.4. KEY MARKET INSIGHTS
2.4.1. TOP 3 EMERGING COUNTRIES
2.4.2. TOP 3 REVENUE GENERATING SEGMENTS
2.4.3. TOP GROWING MARKETS AND EMERGING TRENDS
2.4.4. R&D SCENARIO IN GLOBAL MRI SYSTEM MARKET
2.5. COMPETITIVE INTELLIGENCE
2.5.1. MARKET SHARE ANALYSIS
2.5.2. TOP WINNING STRATEGIES
2.5.3. CASE STUDIES: TOP COMPETITIVE MOVES
2.6. VALUE CHAIN ANALYSIS
2.7. KEY BUYING CRITERIA
2.8. STRATEGIC RECOMMENDATION
2.9. STRATEGIC CONCLUSIONS
3. MARKET DETERMINANTS
3.1. MARKET DRIVERS
3.1.1. GLOBAL INCREASE IN NEUROLOGICAL DISEASES ARE EXPECTED TO DRIVE MRI SYSTEM MARKET
3.1.2. GLOBAL RISE IN CANCER, CVD AND OTHER LIFE STYLE ORIENTED DISEASES DRIVING THE GLOBAL MRI SYSTEM MARKET
3.1.3. GLOBAL RISE IN ADOPTION OF DIAGNOSTICS SYSTEM ENABLES THE GLOBAL MRI SYSTEM MARKET TO GROW
3.1.4. INNOVATION GIVING RISE TO GLOBAL MRI SYSTEM MARKET
3.1.5. TECHNOLOGICAL ADVANCEMENT ENABLES THE GLOBAL MRI SYSTEM MARKET TO GROW FAST
3.1.6. RESEARCH AND DEVELOPMENT DRIVING THE GLOBAL MRI SYSTEM MARKET
3.1.7. GLOBAL RISE IN HEALTHCARE EXPENDITURE ALSO FAVORABLE FOR GLOBAL MRI SYSTEM MARKET
3.2. MARKET RESTRAINTS
3.2.1. REIMBURSEMENT POLICY MAY AFFECT THE GLOBAL MRI SYSTEM MARKET
3.2.2. HIGH COST MAY STAGNATE THE GLOBAL MRI SYSTEM MARKET
3.3. MARKET CHALLENGES
3.3.1. CREATING AWARENESS FOR GLOBAL MRI SYSTEM MARKET IN EMERGING ECONOMIES IS CHALLENGING
3.3.2. STRINGENT GOVERNMENT POLICIES AND REGULATIONS ARE CHALLENGING
3.4. MARKET OPPORTUNITIES
3.4.1. UNTAPPED APAC REGION HAS HUGE SCOPE FOR GLOBAL ULTRASOUND SYSTEM MARKET
3.4.2. DIAGNOSTICS MARKET IS EXPECTED TO GROW SIGNIFICANTLY IN THE NEXT FEW YEARS
4. SECTOR ANALYSIS
4.1. PARENT MARKET
4.2. SUB-SEGMENT MARKET
4.3. ALTERNATIVE MARKET
5. MARKET SEGMENTATION
5.1. GLOBAL MRI SYSTEMS MARKET BY APPLICATION, 2014-2021($ MILLIONS)
5.1.1. GLOBAL BRAIN AND NEUROLOGICAL MRI MARKET, 2014-2021($ MILLIONS)
5.1.2. GLOBAL SPINE AND MUSCULOSKELETAL MRI MARKET, 2014-2021($ MILLIONS)
5.1.3. GLOBAL VASCULAR MRI MARKET, 2014-2021($ MILLIONS)
5.1.4. GLOBAL PELVIC AND ABDOMINAL MRI MARKET, 2014-2021($ MILLIONS)
5.1.5. GLOBAL BREAST MRI MARKET, 2014-2021($ MILLIONS)
5.1.6. GLOBAL CARDIAC MRI MARKET, 2014-2021($ MILLIONS)
5.2. GLOBAL ULTRASOUND SYSTEM MARKET BY ARCHITECTURE, 2014-2021($ MILLIONS)
5.2.1. GLOBAL CLOSED MRI SYSTEMS MARKET, 2014-2021($ MILLIONS)
5.2.2. GLOBAL OPEN MRI SYSTEMS MARKET, 2014-2021($ MILLIONS)
5.3. GLOBAL MRI SYSTEM MARKET BY FIELD STRENGTH , 2014-2021($ MILLIONS)
5.3.1. GLOBAL LOW TO MID FIELD MRI SYSTEMS MARKET, 2014-2021($ MILLIONS)
5.3.2. GLOBAL HIGH FIELD MRI SYSTEMS MARKET, 2014-2021($ MILLIONS)
5.3.3. GLOBAL VERY HIGH FIELD MRI SYSTEMS MARKET, 2014-2021($ MILLIONS)
5.3.4. GLOBAL ULTRA HIGH FIELD MRI SYSTEMS MARKET, 2014-2021($ MILLIONS)
6. COMPETITIVE LANDSCAPE
6.1. MARKET SHARE
6.2. STRATEGY – AN ANALYSIS ACROSS TIERS
7. GEOGRAPHICAL ANALYSIS
7.1. NORTH AMERICA MRI SYSTEM MARKET, 2014-2021($MILLIONS)
7.1.1. UNITED STATES (U.S.) MRI SYSTEM MARKET, 2014-2021($MILLIONS)
7.1.2. CANADA MRI SYSTEM MARKET, 2014-2021($MILLIONS)
7.2. EUROPE MRI SYSTEM MARKET, 2014-2021($MILLIONS)
7.2.1. UNITED KINGDOM (UK) MRI SYSTEM MARKET, 2014-2021($MILLIONS)
7.2.2. FRANCE MRI SYSTEM MARKET, 2014-2021($MILLIONS)
7.2.3. GERMANY MRI SYSTEM MARKET, 2014-2021($MILLIONS)
7.2.4. SPAIN MRI SYSTEM MARKET, 2014-2021($MILLIONS)
7.2.5. ITALY MRI SYSTEM MARKET, 2014-2021($MILLIONS)
7.2.6. ROE MRI SYSTEM MARKET, 2014-2021($MILLIONS)
7.3. ASIA PACIFIC MRI SYSTEM MARKET, 2014-2021($MILLIONS)
7.3.1. INDIA MRI SYSTEM MARKET, 2014-2021($MILLIONS)
7.3.2. CHINA MRI SYSTEM MARKET, 2014-2021($MILLIONS)
7.3.3. JAPAN MRI SYSTEM MARKET, 2014-2021($MILLIONS)
7.3.4. KOREA MRI SYSTEM MARKET, 2014-2021($MILLIONS)
7.3.5. AUSTRALIA MRI SYSTEM MARKET, 2014-2021($MILLIONS)
7.3.6. ROAPAC MRI SYSTEM MARKET, 2014-2021($MILLIONS)
7.4. REST OF THE WORLD MRI SYSTEM MARKET, 2014-2021($MILLIONS)
7.4.1. LATIN AMERICA MRI SYSTEM MARKET, 2014-2021($MILLIONS)
7.4.2. MENA MRI SYSTEM MARKET, 2014-2021($MILLIONS)
7.4.3. AFRICA MRI SYSTEM MARKET, 2014-2021($MILLIONS)
8. COMPANY PROFILES
AURORA IMAGING TECHNOLOGY INC
ESOATE SPA
FONA CORPORATION
IMRIS, INC
NEUSOFT MEDICAL SYSTEMS CO. LTD
PHILIPS HEALTHCARE
ESAOTE S.P.A
GE HEALTHCARE
HITACHI MEDICAL CORPORATION
MINDRAY MEDICAL INTERNATIONAL LTD.
SAMSUNG MEDISON CO. LTD.
SIEMENS HEALTHCARE
MEDTRONIC INC
TOSHIBA MEDICAL SYSTEMS CORPORATION
ROCHE DIAGNOSTICS LTD.
LIST OF TABLES
GLOBAL MRI SYSTEMS MARKET BY APPLICATION, $ MILLIONS)
GLOBAL BRAIN AND NEUROLOGICAL MRI MARKET, $ MILLIONS)
GLOBAL SPINE AND MUSCULOSKELETAL MRI MARKET, $ MILLIONS)
GLOBAL VASCULAR MRI MARKET, $ MILLIONS)
GLOBAL PELVIC AND ABDOMINAL MRI MARKET, $ MILLIONS)
GLOBAL BREAST MRI MARKET, $ MILLIONS)
GLOBAL CARDIAC MRI MARKET, $ MILLIONS)
GLOBAL ULTRASOUND SYSTEM MARKET BY ARCHITECTURE, $ MILLIONS)
GLOBAL CLOSED MRI SYSTEMS MARKET, $ MILLIONS)
GLOBAL OPEN MRI SYSTEMS MARKET, $ MILLIONS)
GLOBAL MRI SYSTEM MARKET BY FIELD STRENGTH , $ MILLIONS)
GLOBAL LOW-TO-MID-FIELD MRI SYSTEMS MARKET, $ MILLIONS)
GLOBAL HIGH-FIELD MRI SYSTEMS MARKET, $ MILLIONS)
GLOBAL VERY-HIGH-FIELD MRI SYSTEMS MARKET, $ MILLIONS)
GLOBAL ULTRA-HIGH-FIELD MRI SYSTEMS MARKET, $ MILLIONS)
LIST OF FIGURES
GLOBAL MRI SYSTEMS MARKET BY APPLICATION ($ MILLION)
GLOBAL BRAIN AND NEUROLOGICAL MRI MARKET ($ MILLION)
GLOBAL SPINE AND MUSCULOSKELETAL MRI MARKET ($ MILLION)
GLOBAL VASCULAR MRI MARKET ($ MILLION)
GLOBAL PELVIC AND ABDOMINAL MRI MARKET ($ MILLION)
GLOBAL BREAST MRI MARKET ($ MILLION)
GLOBAL CARDIAC MRI MARKET ($ MILLION)
GLOBAL ULTRASOUND SYSTEM MARKET BY ARCHITECTURE ($ MILLION)
GLOBAL CLOSED MRI SYSTEMS MARKET ($ MILLION)
GLOBAL OPEN MRI SYSTEMS MARKET ($ MILLION)
GLOBAL MRI SYSTEM MARKET BY FIELD STRENGTH ($ MILLION)
GLOBAL LOW-TO-MID-FIELD MRI SYSTEMS MARKET ($ MILLION)
GLOBAL HIGH-FIELD MRI SYSTEMS MARKET ($ MILLION)
GLOBAL VERY-HIGH-FIELD MRI SYSTEMS MARKET ($ MILLION)
GLOBAL ULTRA-HIGH-FIELD MRI SYSTEMS MARKET ($ MILLION)
UNITED STATES (U.S.) MRI SYSTEM MARKET ($ MILLION)
CANADA MRI SYSTEM MARKET ($ MILLION)
UNITED KINGDOM (UK) MRI SYSTEM MARKET ($ MILLION)
FRANCE MRI SYSTEM MARKET ($ MILLION)
GERMANY MRI SYSTEM MARKET ($ MILLION)
SPAIN MRI SYSTEM MARKET ($ MILLION)
ITALY MRI SYSTEM MARKET ($ MILLION)
INDIA MRI SYSTEM MARKET ($ MILLION)
CHINA MRI SYSTEM MARKET ($ MILLION)
JAPAN MRI SYSTEM MARKET ($ MILLION)
KOREA MRI SYSTEM MARKET ($ MILLION)
AUSTRALIA MRI SYSTEM MARKET ($ MILLION)
LATIN AMERICA MRI SYSTEM MARKET ($ MILLION)
MENA MRI SYSTEM MARKET ($ MILLION)

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