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

Publisher Name :
Date: 18-Dec-2020
No. of pages: 111

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.

Report Includes:

- 49 tabels

- Detailed overview of the global markets and technologies for medical magnetic resonance imaging (MRI)

- Country specific data and analysis for 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

Summary:

In this report, comprehensive market sizing and analysis has been provided through segmenting the market into five types -

- By application.

- By architecture.

- By end user.

- By field strength.

- By region.

The global market for MRI systems was estimated at $REDACTED billion in 2019 and is expected to reach $REDACTED billion in 2025, indicating a compound annual growth rate (CAGR) of REDACTED%.

Reasons for Doing This Study

MRI is considered to be the best diagnostic tool available by doctors, healthcare providers and researchers across the globe. Its wide range of diagnostic abilities has led to a significant shift in the market for diagnostic devices. MRI as a diagnostic tool can be used in detecting a broad spectrum of acute and chronic disorders. This market is expected to witness substantial growth, due to the latest technological advancements and the growing need for such advanced

diagnostic tools. This report was created to provide an in-depth analysis of the technological and commercial aspects of MRI machines and technologies.

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

Table of Contents
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
BCC Custom Research
Related BCC Research Reports
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
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