Open MRI Systems Market Size, Share & Trends Analysis Report By Field Strength (Low-Field, Mid-Field, High-Field), By Application (Vascular, Abdominal), By End-use (Hospitals, Ambulatory Surgical Centers), By Region, And Segment Forecasts, 2024

Description

Open MRI Systems Market Growth & Trends:

The global open MRI systems market size is expected to reach USD 2.73 billion by 2030, registering a CAGR of 7.7% from 2024 to 2030, according to a new report by Grand View Research, Inc. Increasing demand for high strength open MRI systems is expected to drive growth during the forecast period.

Changing lifestyle and increasing prevalence of age-associated chronic conditions including cancers and neurological disorders are among the factors expected to boost the demand for safer and accurate diagnostic imaging devices. Open MRIs are specifically designed to provide comfort to patients, especially children and obese patients.

Limited number of high strength open MRI systems and large number of ongoing studies are expected to widen the scope for growth of the market over the forecast period. Launch of Oasis open MRI 1.2T system by Hitachi and rapid geographic expansion of the company are likely to contribute to the high demand for advanced open MRIs in developed and developing regions.

Increasing number of strategic initiatives such as development of advanced software for open MRI systems and patient-friendly devices with less noise is among the factors expected to propel market growth. Moreover, rising awareness about preventive diagnostics and growing medical tourism in developing regions are some of the factors expected to aid in growth.

Open MRI Systems Market Report Highlights:

The mid-field segment dominated the market and accounted for a share of 46.8% in 2023. This includes devices with 0.3T to 1 T strength.
The high-field segment is expected to grow at the fastest CAGR of 9.0% over the forecast period, owing to remarkable research bringing revolutionary advancements in the imaging sector.
Brain & Neurological segment dominated the market and accounted for a share of 22.6% in 2023.
The breast segment is expected to grow significantly at a CAGR of 8.3% over the forecast period, owing to the increasing prevalence of breast cancer.
The hospitals segment dominated the market and accounted for a share of 37.2% in 2023. Several hospitals installed open MRI machines due to their advantages over traditional MRI machines.
The imaging centers segment is expected to grow at the fastest CAGR of 9.4% over the forecast period.
North America accounted for the largest revenue share of 36.74% in the open MRI systems market in 2023, owing to many major market players and the high adoption of advanced diagnostic technologies.

Product Code: GVR-3-68038-690-5

Chapter 1. Methodology and Scope

1.1. Market Segmentation and Scope
1.2. Market Definitions
1.3. Research Methodology
- 1.3.1. Information Procurement
- 1.3.2. Information or Data Analysis
- 1.3.3. Market Formulation & Data Visualization
- 1.3.4. Data Validation & Publishing
1.4. Research Scope and Assumptions
- 1.4.1. List of Data Sources

Chapter 2. Executive Summary

2.1. Market Outlook
2.2. Segment Outlook
2.3. Competitive Insights

Chapter 3. Open MRI Systems Market Variables, Trends, & Scope

3.1. Market Introduction/Lineage Outlook
3.2. Market Size and Growth Prospects (USD Million)
3.3. Market Dynamics
- 3.3.1. Market Drivers Analysis
- 3.3.2. Market Restraints Analysis
3.4. Open MRI Systems Market Analysis Tools
- 3.4.1. Porter's Analysis
  - 3.4.1.1. Bargaining power of the suppliers
  - 3.4.1.2. Bargaining power of the buyers
  - 3.4.1.3. Threats of substitution
  - 3.4.1.4. Threats from new entrants
  - 3.4.1.5. Competitive rivalry
- 3.4.2. PESTEL Analysis
  - 3.4.2.1. Political landscape
  - 3.4.2.2. Economic and Social landscape
  - 3.4.2.3. Technological landscape
  - 3.4.2.4. Environmental landscape
  - 3.4.2.5. Legal landscape

Chapter 4. Open MRI Systems Market: Field Strength Estimates & Trend Analysis

4.1. Segment Dashboard
4.2. Open MRI Systems Market: Field Strength Movement Analysis, USD Million, 2023 & 2030
4.3. Low-Field
- 4.3.1. Low-Field Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
4.4. Mid-Field
- 4.4.1. Mid-Field Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
4.5. High-Field
- 4.5.1. High-Field Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)

Chapter 5. Open MRI Systems Market: Application Estimates & Trend Analysis

5.1. Segment Dashboard
5.2. Open MRI Systems Market: Application Movement Analysis, USD Million, 2023 & 2030
5.3. Obstructive Sleep Apnea
- 5.3.1. Obstructive Sleep Apnea Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
5.4. Brain & Neurological
- 5.4.1. Brain & Neurological Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
5.5. Spine & Musculoskeletal
- 5.5.1. Spine & Musculoskeletal Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
5.6. Vascular
- 5.6.1. Vascular Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
5.7. Abdominal
- 5.7.1. Abdominal Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
5.8. Cardiac
- 5.8.1. Cardiac Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
5.9. Breast
- 5.9.1. Breast Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
5.10. Others
- 5.10.1. Others Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)

Chapter 6. Open MRI Systems Market: End Use Estimates & Trend Analysis

6.1. Segment Dashboard
6.2. Open MRI Systems Market: End Use Movement Analysis, USD Million, 2023 & 2030
6.3. Hospitals
- 6.3.1. Hospitals Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
6.4. Imaging Centers
- 6.4.1. Imaging Centers Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
6.5. Ambulatory Surgical Centers
- 6.5.1. Ambulatory Surgical Centers Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
6.6. Others
- 6.6.1. Others Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)

Chapter 7. Open MRI Systems Market: Regional Estimates & Trend Analysis

7.1. Open MRI Systems Market Share, By Region, 2023 & 2030, USD Million
7.2. North America
- 7.2.1. North America Open MRI Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.2.2. U.S.
  - 7.2.2.1. U.S. Open MRI Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.2.3. Canada
  - 7.2.3.1. Canada Open MRI Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.2.4. Mexico
  - 7.2.4.1. Mexico Open MRI Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
7.3. Europe
- 7.3.1. Europe Open MRI Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.3.2. UK
  - 7.3.2.1. UK Open MRI Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.3.3. Germany
  - 7.3.3.1. Germany Open MRI Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.3.4. France
  - 7.3.4.1. France Open MRI Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.3.5. Italy
  - 7.3.5.1. Italy Open MRI Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.3.6. Spain
  - 7.3.6.1. Spain Open MRI Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.3.7. Denmark
  - 7.3.7.1. Denmark Open MRI Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.3.8. Sweden
  - 7.3.8.1. Sweden Open MRI Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.3.9. Norway
  - 7.3.9.1. Norway Open MRI Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
7.4. Asia Pacific
- 7.4.1. Asia Pacific Open MRI Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.4.2. Japan
  - 7.4.2.1. Japan Open MRI Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.4.3. China
  - 7.4.3.1. China Open MRI Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.4.4. India
  - 7.4.4.1. India Open MRI Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.4.5. Australia
  - 7.4.5.1. Australia Open MRI Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.4.6. South Korea
  - 7.4.6.1. South Korea Open MRI Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.4.7. Thailand
  - 7.4.7.1. Thailand Open MRI Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
7.5. Latin America
- 7.5.1. Latin America Open MRI Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.5.2. Brazil
  - 7.5.2.1. Brazil Open MRI Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.5.3. Argentina
  - 7.5.3.1. Argentina Open MRI Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
7.6. Middle East and Africa
- 7.6.1. Middle East and Africa Open MRI Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.6.2. South Africa
  - 7.6.2.1. South Africa Open MRI Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.6.3. Saudi Arabia
  - 7.6.3.1. Saudi Arabia Open MRI Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.6.4. UAE
  - 7.6.4.1. UAE Open MRI Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.6.5. Kuwait
  - 7.6.5.1. Kuwait Open MRI Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)

Chapter 8. Competitive Landscape

8.1. Recent Developments & Impact Analysis by Key Market Participants
8.2. Company Categorization
8.3. Company Heat Map Analysis
8.4. Company Profiles
- 8.4.1. GE Healthcare
  - 8.4.1.1. Participant's Overview
  - 8.4.1.2. Financial Performance
  - 8.4.1.3. Product Benchmarking
  - 8.4.1.4. Recent Developments/ Strategic Initiatives
- 8.4.2. Siemens Healthineers AG
  - 8.4.2.1. Participant's Overview
  - 8.4.2.2. Financial Performance
  - 8.4.2.3. Product Benchmarking
  - 8.4.2.4. Recent Developments/ Strategic Initiatives
- 8.4.3. Koninklijke Philips N.V.
  - 8.4.3.1. Participant's Overview
  - 8.4.3.2. Financial Performance
  - 8.4.3.3. Product Benchmarking
  - 8.4.3.4. Recent Developments/ Strategic Initiatives
- 8.4.4. Hitachi, Ltd.
  - 8.4.4.1. Participant's Overview
  - 8.4.4.2. Financial Performance
  - 8.4.4.3. Product Benchmarking
  - 8.4.4.4. Recent Developments/ Strategic Initiatives
- 8.4.5. CANON MEDICAL SYSTEMS CORPORATION
  - 8.4.5.1. Participant's Overview
  - 8.4.5.2. Financial Performance
  - 8.4.5.3. Product Benchmarking
  - 8.4.5.4. Recent Developments/ Strategic Initiatives
- 8.4.6. Esaote SPA
  - 8.4.6.1. Participant's Overview
  - 8.4.6.2. Financial Performance
  - 8.4.6.3. Product Benchmarking
  - 8.4.6.4. Recent Developments/ Strategic Initiatives
- 8.4.7. FUJIFILM Holdings Corporation
  - 8.4.7.1. Participant's Overview
  - 8.4.7.2. Financial Performance
  - 8.4.7.3. Product Benchmarking
  - 8.4.7.4. Recent Developments/ Strategic Initiatives
- 8.4.8. Neusoft Corporation
  - 8.4.8.1. Participant's Overview
  - 8.4.8.2. Financial Performance
  - 8.4.8.3. Product Benchmarking
  - 8.4.8.4. Recent Developments/ Strategic Initiatives
- 8.4.9. Alltech Medical Systems
  - 8.4.9.1. Participant's Overview
  - 8.4.9.2. Financial Performance
  - 8.4.9.3. Product Benchmarking
  - 8.4.9.4. Recent Developments/ Strategic Initiatives
- 8.4.10. Shenzhen Anke High-tech Co., Ltd.
  - 8.4.10.1. Participant's Overview
  - 8.4.10.2. Financial Performance
  - 8.4.10.3. Product Benchmarking
  - 8.4.10.4. Recent Developments/ Strategic

Open MRI Systems Market Size, Share & Trends Analysis Report By Field Strength (Low-Field, Mid-Field, High-Field), By Application (Vascular, Abdominal), By End-use (Hospitals, Ambulatory Surgical Centers), By Region, And Segment Forecasts, 2024 - 2030