PUBLISHER: Global Insight Services | PRODUCT CODE: 1650385
PUBLISHER: Global Insight Services | PRODUCT CODE: 1650385
Magnetic Resonance Imaging (MRI) Equipment Market is anticipated to expand from $7.6 billion in 2023 to $13.5 billion by 2033, growing at a CAGR of approximately 5.9%. The Magnetic Resonance Imaging (MRI) Equipment Market encompasses the development, production, and distribution of MRI machines, which utilize magnetic fields and radio waves to generate detailed images of the human body. This market includes a range of systems from low-field to high-field MRI machines, catering to diverse medical diagnostic needs. Technological advancements, increased healthcare expenditure, and a growing prevalence of chronic diseases drive market expansion, offering lucrative opportunities for innovation and strategic partnerships within the healthcare sector.
The Magnetic Resonance Imaging (MRI) Equipment Market is witnessing robust growth, driven by technological advancements and increasing healthcare expenditure. Closed MRI systems dominate, offering superior image quality and efficiency, making them the top-performing sub-segment. Open MRI systems follow as the second-highest performers, favored for patient comfort and accessibility. Regionally, North America leads due to advanced healthcare infrastructure and high adoption rates of cutting-edge imaging technologies. Europe ranks as the second most lucrative region, supported by rising demand for early diagnosis and the prevalence of chronic diseases. Within countries, the United States is the frontrunner, benefiting from substantial healthcare investments and a strong presence of key market players. Germany emerges as a significant contributor in Europe, driven by its well-established healthcare system and continuous innovation in medical technology. The market's trajectory is further bolstered by an increasing focus on precision medicine and personalized healthcare solutions.
Market Segmentation | |
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Type | Closed MRI Systems, Open MRI Systems, Portable MRI Systems |
Product | MRI Scanners, MRI Coils, MRI Software |
Services | Installation Services, Maintenance Services, Training Services |
Technology | Superconducting Magnets, Permanent Magnets, Hybrid MRI Systems |
Component | Magnet System, Gradient System, RF System, Computer System |
Application | Brain and Neurological, Cardiovascular, Oncology, Musculoskeletal, Pediatric, Abdominal, Pelvic, Breast |
End User | Hospitals, Diagnostic Imaging Centers, Ambulatory Surgical Centers, Research Laboratories |
Functionality | Functional MRI (fMRI), Diffusion MRI, Spectroscopic MRI |
Installation Type | Fixed MRI Systems, Mobile MRI Systems |
Mode | Full Body MRI, Extremity MRI |
Esaote, Fonar Corporation, Neusoft Medical Systems, Time Medical Systems, Alltech Medical Systems, Shenzhen Anke High-tech, Paramed Medical Systems, Aspect Imaging, Canon Medical Systems, Hologic, Mindray Medical, United Imaging Healthcare, Aurora Imaging Technology, Hitachi Medical Systems, Analogic Corporation, Imris, Medonica, BMI Biomedical International, Norland, Echo MRI
World Health Organization (WHO), U.S. Food and Drug Administration (FDA), European Medicines Agency (EMA), National Institutes of Health (NIH), Radiological Society of North America (RSNA), International Society for Magnetic Resonance in Medicine (ISMRM), European Society of Radiology (ESR), American College of Radiology (ACR), Society for Imaging Informatics in Medicine (SIIM), American Institute of Physics (AIP), National Institute of Standards and Technology (NIST), Health Resources and Services Administration (HRSA), Canadian Institutes of Health Research (CIHR), UK National Health Service (NHS), Australian Government Department of Health, Japan Radiological Society (JRS), International Conference on Magnetic Resonance Imaging, European Congress of Radiology (ECR), International Society of Radiographers and Radiological Technologists (ISRRT), World Congress on Medical Physics and Biomedical Engineering
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