MRI Market was worth US$ 5.61 Bn in 2021 and total revenue is expected to grow at a rate of 6 % CAGR from 2022 to 2029, reaching almost US$ 8.95 Bn in 2029.Global MRI Market Overview:
The magnetic resonance imaging system industry in on high demand because uses of neurological, vascular, spine and cardiac diseases. The technological advancement and increases investment in MRI imaging helps to grow the market in forecast period. MRI system is growing due to growing geriatric population, in the year 2050 it is estimated that 16.0% of world population will be aged above 65 years, older people mostly suffer from various diseases and complication so that the demand of MRI is increases day by day. According to the American Cancer Society, 1,762,450 new cancer cases were reported in the United States in 2021. Furthermore, the increased desire for speedy and effective diagnostic treatments is projected to help to MRI equipment usage. These MRI equipment are being installed in a number of nations. According to the OECD, the number of MRI units deployed in the United States was 37.6 per million people in 2021.To know about the Research Methodology :- Request Free Sample Report
Global MRI Market Dynamics:
Advances in MRI techniques such as superconducting (SC) magnets, open architecture, high-field MRI, and software applications are all of interest to academic institutes, research laboratories, hospitals, and clinicians. The availability of MRI-compatible pacemakers will vastly expand the number of patients who can benefit from MRI operations. Replacement is driving the rise of MRI equipment in developed markets including North America and Europe. The advent of MRI scanners with bigger patient bores and the replacement of current MRI systems that have attained optimum use are the primary factors for the new wave of replacement. MRI scanners are available in a range of sizes and magnetic strengths. For MRI systems with a magnetic strength of 1.5T or less, the average sales price is around USD 1.5 million. 1.5T MRI devices with superconducting magnets are likewise very expensive. High-field (3T) MRI equipment, on the other hand, cost around USD 2.5–5 million. Even refurbished low-field MRI devices can run into the millions of dollars. The market's growth is projected to be limited by the high cost of MRI solutions, MRI scanners have the potential to cause implantable devices like pacemakers and ICDs to malfunction or be permanently damaged. China, India, and Brazil, as well as other rising Middle Eastern and African countries, are likely to be income generators for MRI makers. Companies like GE and Philips have created MRI equipment for customers in Asia, South America, and Africa in order to take advantage of developing market growth potential. The devices have a smaller footprint and are simple, quick to use, and inexpensive to install and maintain, making them ideal for smaller hospitals. Handling complex and sophisticated MRI devices necessitates a high level of technical expertise. With the evolution of MRI equipment, technicians are required to apply machine learning to CNNs and RNNs for image segmentation partitioning pictures into various physiologically comparable regions and extracting essential features and registration combining and analysing multiple images of the same area for better accuracy.Global MRI Market Segment Analysis:
MRI Market is segmented into Application, Architecture and Field strength. Based on Architecture, the market is sub-segmented into Open MRI Systems, Closed MRI Systems Standard Bore and Wide Bore. In 2021, the closed MRI system category led the market, accounting for 75.8% of total market share. To obtain comprehensive images, the closed MRI system employs intense magnetic fields and high-frequency radio waves. The closed structure allows for accurate slice selection and analysis. Due to the tremendous noise, patients in closed MRIs may feel claustrophobic and uncomfortable. As a result of these issues, the results may be erroneous. Some industry participants are concentrating their efforts on developing broad bore and open MRI systems that are suitable for claustrophobic and big patients. Some paediatric MRI machine manufacturers even include artwork and cartoons on the devices to help children relax while they are being scanned. The Adventure series of MRI scanners from GE Healthcare is specifically developed for child imaging. Open MRI systems are less contained, patients experience less fear and claustrophobia. As a result of this advantage, an open MRI system is useful for diagnosing new-borns. Radiologists, on the other hand, prefer closed MRI systems. Various clinical experiments are also being carried out to see how effective open MRI scanners are at diagnosing illnesses in new-borns. The first MRI equipment for infant brain and head imaging in intensive care units was approved by the US FDA in July 2021. Based on Field strength, the market is sub-segmented into Low-to-mid Field, High-field, 1.5T, 3T and Very-high Field strength. The low to mid field led the market in 2021 with 35.5% market share and is expected to grow significantly throughout the forecast period. These field strength MRI machines aid in the capture of images with more precision and are accessible at a low cost. Low-field MRI machines have a field strength of less than 1.5T, mid-field MRI machines have a field strength of 1.5T to 3T, and high-field MRI machines have a field strength of more than 3T. The low field segment expected to least growth during the forecast period. The low field strength machines are now replace with mid field and high field, due to advantageous like image clarity, integration with AI etc. Based on Application, the market is sub-segmented into Spine and musculoskeletal MRI, Brain and neurological MRI, Vascular MRI, Pelvic and Abdominal MRI, Breast MRI, Cardiac MRI. The scans produced by MRI systems are of higher quality than those produced by computerised tomography scans, they led the market and accounted for the biggest market share of 24.2 % in 2021. Similarly, the breast imaging market is predicted to increase at a high rate as the prevalence of breast cancer continues to rise, creating a demand for detecting disease-related risk factors. As a result, by detecting the biological and physical features of tissue, MRI techniques aid in the provision of quantitative information regarding cancer. For spinal and musculoskeletal imaging, MRI is quickly becoming the primary approach. The spin-echo technique is used to provide high-contrast pictures of the spinal cord and subarachnoid region. This approach can be used in a variety of emergency and trauma care settings. The spin-echo technique allows for a thorough examination of interior damage to the soft tissues and spinal cord. According to the Association for Safe International Traffic Travel, approximately 20-50 million individuals are injured or incapacitated each year as a result of road accidents.North America leading the market in 2021, accounting for 37.7 %. The rising prevalence of chronic diseases in this area, such as breast cancer, cardiovascular disease, and neurological disease, is driving up demand for imaging analysis. Throughout the predicted period, the region is likely to maintain its supremacy. During the projected period, technological advancements, together with an increase in the incidence of chronic illnesses, are expected to drive market expansion. The growing geriatric population and increased demand for advanced imaging modalities, Asia Pacific is predicted to grow at the quickest rate over the forecast period. During the projected period, the advanced medical imaging industry is expected to benefit from the rising medical tourism business in Asian countries. With a fast increasing healthcare service industry, qualified healthcare workers, and modern healthcare facilities and services at a lower cost than industrialised countries in North America and Europe, countries like India, China, and Japan are providing growth prospects. The objective of the report is to present a comprehensive analysis of the global MRI market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the global MRI market dynamics, structure by analyzing the market segments and project the global MRI market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the global MRI market make the report investor’s guide.
Global MRI Market Regional Insights:
Global MRI Market Scope: Inquire before buying
Global MRI Market Report Coverage Details Base Year: 2021 Forecast Period: 2022-2029 Historical Data: 2017 to 2021 Market Size in 2021: US $ 5.61 Bn. Forecast Period 2022 to 2029 CAGR: 6 % Market Size in 2029: US $ 8.95 Bn. Segments Covered: by Application • Spine and musculoskeletal MRI • Brain and neurological MRI • Vascular MRI • Pelvic and Abdominal MRI • Breast MRI • Cardiac MRI by Architecture • Open MRI Systems • Closed MRI Systems • Standard Bore • Wide Bore by Field Strength • Low-to-mid Field • High-field • 1.5T • 3T • Very-high Field Global MRI Market, by Region
• North America • Europe • Asia Pacific • Middle East and Africa • South AmericaGlobal MRI Market, key player
• Siemens Healthineers • GE Healthcare • Phillips • Hitachi • Canon Medical Systems • Koninklijke Philips N.V. • Aurora Imaging Technologies Inc. • General Electric Company • Esaote SpA • Toshiba Corporation. • Aspect Imaging • Bruker • Fonar • Neusoft Medical Systems • Shenzhen Mindray Bio-Medical Electronics • Xingaoyi • Aurora Imaging Technology • Sanrad Medical Systems Pvt. Ltd. • Mindray Medical International Limited • Hologic, Inc. • Nordion Inc. • United Imaging Healthcare Co., Ltd.Frequently Asked Questions:
1) What was the market size of Global MRI Market markets in 2021? Ans - Global MRI Market was worth US$ 5.61 Bn in 2021. 2) What is the market segment of Global MRI Market? Ans -The market segments are based on Architecture, Field strength and Application. 3) What is forecast period consider for Global MRI Market? Ans -The forecast period for Global MRI Market is 2022 to 2029. 4) What is the market size of Global MRI Market markets in 2029? Ans – Global MRI Market is estimated as worth US$ 8.95 Bn in 2029. 5) Which region is dominated in Global MRI Market MarketMarket? Ans -In 2021, Asia pacific region dominated the Global MRI Market Market.
Global MRI Market
1. Preface 1.1. Report Scope and Market Segmentation 1.2. Research Highlights 1.3. Research Objectives 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global MRI Market Size, by Market Value (US$ Bn) Market Overview 3.1. Introduction 3.2. Market Indicator 3.2.1. Drivers 3.2.2. Restraints 3.2.3. Opportunities 3.2.4. Challenges 3.3. Porter’s Analysis 3.4. Value Chain Analysis 3.5. Market Risk Analysis 3.6. SWOT Analysis 3.7. Global MRI Market Industry Trends and Emerging Technologies 4. Supply Side and Demand Side Indicators 5. Global MRI Market Analysis and Forecast 5.1. Global MRI Market Size & Y-o-Y Growth Analysis 5.1.1. North America 5.1.2. Europe 5.1.3. Asia Pacific 5.1.4. Middle East & Africa 5.1.5. South America 6. Global MRI Market Analysis and Forecast, by Application 6.1. Introduction and Definition 6.2. Key Findings 6.3. Global MRI Market Value Share Analysis, by Application 6.4. Global MRI Market Size (US$ Bn) Forecast, by Application 6.5. Global MRI Market Analysis, by Application 6.6. Global MRI Market Attractiveness Analysis, by Application 7. Global MRI Market Analysis and Forecast, by Architecture 7.1. Introduction and Definition 7.2. Key Findings 7.3. Global MRI Market Value Share Analysis, by Architecture 7.4. Global MRI Market Size (US$ Bn) Forecast, by Architecture 7.5. Global MRI Market Analysis, by Architecture 7.6. Global MRI Market Attractiveness Analysis, by Architecture 8. Global MRI Market Analysis and Forecast, by Field Strength 8.1. Introduction and Definition 8.2. Key Findings 8.3. Global MRI Market Value Share Analysis, by Field Strength 8.4. Global MRI Market Size (US$ Bn) Forecast, by Field Strength 8.5. Global MRI Market Analysis, by Field Strength 8.6. Global MRI Market Attractiveness Analysis, by Field Strength 9. Global MRI Market Analysis, by Region 9.1. Global MRI Market Value Share Analysis, by Region 9.2. Global MRI Market Size (US$ Bn) Forecast, by Region 9.3. Global MRI Market Attractiveness Analysis, by Region 10. North America MRI Market Analysis 10.1. Key Findings 10.2. North America MRI Market Overview 10.3. North America MRI Market Value Share Analysis, by Application 10.4. North America MRI Market Forecast, by Application 10.4.1. Spine and musculoskeletal MRI 10.4.2. Brain and neurological MRI 10.4.3. Vascular MRI 10.4.4. Pelvic and Abdominal MRI 10.4.5. Breast MRI 10.4.6. Cardiac MRI 10.5. North America MRI Market Value Share Analysis, by Architecture 10.6. North America MRI Market Forecast, by Architecture 10.6.1. Open MRI Systems 10.6.2. Closed MRI Systems 10.6.3. Standard Bore 10.6.4. Wide Bore 10.7. North America MRI Market Value Share Analysis, by Field Strength 10.8. North America MRI Market Forecast, by Field Strength 10.8.1. Low-to-mid Field 10.8.2. High-field 10.8.3. 1.5T 10.8.4. 3T 10.8.5. Very-high Field 10.9. North America MRI Market Value Share Analysis, by Country 10.10. North America MRI Market Forecast, by Country 10.10.1. U.S. 10.10.2. Canada 10.11. North America MRI Market Analysis, by Country 10.12. U.S. MRI Market Forecast, by Application 10.12.1. Spine and musculoskeletal MRI 10.12.2. Brain and neurological MRI 10.12.3. Vascular MRI 10.12.4. Pelvic and Abdominal MRI 10.12.5. Breast MRI 10.12.6. Cardiac MRI 10.13. U.S. MRI Market Forecast, by Architecture 10.13.1. Open MRI Systems 10.13.2. Closed MRI Systems 10.13.3. Standard Bore 10.13.4. Wide Bore 10.14. U.S. MRI Market Forecast, by Field Strength 10.14.1. Low-to-mid Field 10.14.2. High-field 10.14.3. 1.5T 10.14.4. 3T 10.14.5. Very-high Field 10.15. Canada MRI Market Forecast, by Application 10.15.1. Spine and musculoskeletal MRI 10.15.2. Brain and neurological MRI 10.15.3. Vascular MRI 10.15.4. Pelvic and Abdominal MRI 10.15.5. Breast MRI 10.15.6. Cardiac MRI 10.16. Steel Canada MRI Market Forecast, by Architecture 10.16.1. Open MRI Systems 10.16.2. Closed MRI Systems 10.16.3. Standard Bore 10.16.4. Wide Bore 10.17. Canada MRI Market Forecast, by Field Strength 10.17.1. Low-to-mid Field 10.17.2. High-field 10.17.3. 1.5T 10.17.4. 3T 10.17.5. Very-high Field 10.18. North America MRI Market Attractiveness Analysis 10.18.1. By Application 10.18.2. By Architecture 10.18.3. By Field Strength 10.19. PEST Analysis 10.20. Key Trends 10.21. Key Developments 11. Europe MRI Market Analysis 11.1. Key Findings 11.2. Europe MRI Market Overview 11.3. Europe MRI Market Value Share Analysis, by Application 11.4. Europe MRI Market Forecast, by Application 11.4.1. Spine and musculoskeletal MRI 11.4.2. Brain and neurological MRI 11.4.3. Vascular MRI 11.4.4. Pelvic and Abdominal MRI 11.4.5. Breast MRI 11.4.6. Cardiac MRI 11.5. Europe MRI Market Value Share Analysis, by Architecture 11.6. Europe MRI Market Forecast, by Architecture 11.6.1. Open MRI Systems 11.6.2. Closed MRI Systems 11.6.3. Standard Bore 11.6.4. Wide Bore 11.7. Europe MRI Market Value Share Analysis, by Field Strength 11.8. Europe MRI Market Forecast, by Field Strength 11.8.1. Low-to-mid Field 11.8.2. High-field 11.8.3. 1.5T 11.8.4. 3T 11.8.5. Very-high Field 11.9. Europe MRI Market Value Share Analysis, by Country 11.10. Europe MRI Market Forecast, by Country 11.10.1. Germany 11.10.2. U.K. 11.10.3. France 11.10.4. Italy 11.10.5. Spain 11.10.6. Rest of Europe 11.11. Europe MRI Market Analysis, by Country 11.12. Germany MRI Market Forecast, by Application 11.12.1. Spine and musculoskeletal MRI 11.12.2. Brain and neurological MRI 11.12.3. Vascular MRI 11.12.4. Pelvic and Abdominal MRI 11.12.5. Breast MRI 11.12.6. Cardiac MRI 11.13. Germany MRI Market Forecast, by Architecture 11.13.1. Open MRI Systems 11.13.2. Closed MRI Systems 11.13.3. Standard Bore 11.13.4. Wide Bore 11.14. Germany MRI Market Forecast, by Field Strength 11.14.1. Low-to-mid Field 11.14.2. High-field 11.14.3. 1.5T 11.14.4. 3T 11.14.5. Very-high Field 11.15. U.K. MRI Market Forecast, by Application 11.15.1. Spine and musculoskeletal MRI 11.15.2. Brain and neurological MRI 11.15.3. Vascular MRI 11.15.4. Pelvic and Abdominal MRI 11.15.5. Breast MRI 11.15.6. Cardiac MRI 11.16. U.K. MRI Market Forecast, by Architecture 11.16.1. Open MRI Systems 11.16.2. Closed MRI Systems 11.16.3. Standard Bore 11.16.4. Wide Bore 11.17. U.K. MRI Market Forecast, by Field Strength 11.17.1. Low-to-mid Field 11.17.2. High-field 11.17.3. 1.5T 11.17.4. 3T 11.17.5. Very-high Field 11.18. France MRI Market Forecast, by Application 11.18.1. Spine and musculoskeletal MRI 11.18.2. Brain and neurological MRI 11.18.3. Vascular MRI 11.18.4. Pelvic and Abdominal MRI 11.18.5. Breast MRI 11.18.6. Cardiac MRI 11.19. France MRI Market Forecast, by Architecture 11.19.1. Open MRI Systems 11.19.2. Closed MRI Systems 11.19.3. Standard Bore 11.19.4. Wide Bore 11.20. France MRI Market Forecast, by Field Strength 11.20.1. Low-to-mid Field 11.20.2. High-field 11.20.3. 1.5T 11.20.4. 3T 11.20.5. Very-high Field 11.21. Italy MRI Market Forecast, by Application 11.21.1. Spine and musculoskeletal MRI 11.21.2. Brain and neurological MRI 11.21.3. Vascular MRI 11.21.4. Pelvic and Abdominal MRI 11.21.5. Breast MRI 11.21.6. Cardiac MRI 11.22. Italy MRI Market Forecast, by Architecture 11.22.1. Open MRI Systems 11.22.2. Closed MRI Systems 11.22.3. Standard Bore 11.22.4. Wide Bore 11.23. Italy MRI Market Forecast, by Field Strength 11.23.1. Low-to-mid Field 11.23.2. High-field 11.23.3. 1.5T 11.23.4. 3T 11.23.5. Very-high Field 11.24. Spain MRI Market Forecast, by Application 11.24.1. Spine and musculoskeletal MRI 11.24.2. Brain and neurological MRI 11.24.3. Vascular MRI 11.24.4. Pelvic and Abdominal MRI 11.24.5. Breast MRI 11.24.6. Cardiac MRI 11.25. Spain MRI Market Forecast, by Architecture 11.25.1. Open MRI Systems 11.25.2. Closed MRI Systems 11.25.3. Standard Bore 11.25.4. Wide Bore 11.26. Spain MRI Market Forecast, by Field Strength 11.26.1. Low-to-mid Field 11.26.2. High-field 11.26.3. 1.5T 11.26.4. 3T 11.26.5. Very-high Field 11.27. Rest of Europe MRI Market Forecast, by Application 11.27.1. Spine and musculoskeletal MRI 11.27.2. Brain and neurological MRI 11.27.3. Vascular MRI 11.27.4. Pelvic and Abdominal MRI 11.27.5. Breast MRI 11.27.6. Cardiac MRI 11.28. Rest of Europe MRI Market Forecast, by Architecture 11.28.1. Open MRI Systems 11.28.2. Closed MRI Systems 11.28.3. Standard Bore 11.28.4. Wide Bore 11.29. Rest Of Europe MRI Market Forecast, by Field Strength 11.29.1. Low-to-mid Field 11.29.2. High-field 11.29.3. 1.5T 11.29.4. 3T 11.29.5. Very-high Field 11.30. Europe MRI Market Attractiveness Analysis 11.30.1. By Application 11.30.2. By Architecture 11.30.3. By Field Strength 11.31. PEST Analysis 11.32. Key Trends 11.33. Key Developments 12. Asia Pacific MRI Market Analysis 12.1. Key Findings 12.2. Asia Pacific MRI Market Overview 12.3. Asia Pacific MRI Market Value Share Analysis, by Application 12.4. Asia Pacific MRI Market Forecast, by Application 12.4.1. Spine and musculoskeletal MRI 12.4.2. Brain and neurological MRI 12.4.3. Vascular MRI 12.4.4. Pelvic and Abdominal MRI 12.4.5. Breast MRI 12.4.6. Cardiac MRI 12.5. Asia Pacific MRI Market Value Share Analysis, by Architecture 12.6. Asia Pacific MRI Market Forecast, by Architecture 12.6.1. Open MRI Systems 12.6.2. Closed MRI Systems 12.6.3. Standard Bore 12.6.4. Wide Bore 12.7. Asia Pacific MRI Market Value Share Analysis, by Field Strength 12.8. Asia Pacific MRI Market Forecast, by Field Strength 12.8.1. Low-to-mid Field 12.8.2. High-field 12.8.3. 1.5T 12.8.4. 3T 12.8.5. Very-high Field 12.9. Asia Pacific MRI Market Value Share Analysis, by Country 12.10. Asia Pacific MRI Market Forecast, by Country 12.10.1. China 12.10.2. India 12.10.3. Japan 12.10.4. ASEAN 12.10.5. Rest of Asia Pacific 12.11. Asia Pacific MRI Market Analysis, by Country 12.12. China MRI Market Forecast, by Application 12.12.1. Spine and musculoskeletal MRI 12.12.2. Brain and neurological MRI 12.12.3. Vascular MRI 12.12.4. Pelvic and Abdominal MRI 12.12.5. Breast MRI 12.12.6. Cardiac MRI 12.13. China MRI Market Forecast, by Architecture 12.13.1. Open MRI Systems 12.13.2. Closed MRI Systems 12.13.3. Standard Bore 12.13.4. Wide Bore 12.14. China MRI Market Forecast, by Field Strength 12.14.1. Low-to-mid Field 12.14.2. High-field 12.14.3. 1.5T 12.14.4. 3T 12.14.5. Very-high Field 12.15. India MRI Market Forecast, by Application 12.15.1. Spine and musculoskeletal MRI 12.15.2. Brain and neurological MRI 12.15.3. Vascular MRI 12.15.4. Pelvic and Abdominal MRI 12.15.5. Breast MRI 12.15.6. Cardiac MRI 12.16. India MRI Market Forecast, by Architecture 12.16.1. Open MRI Systems 12.16.2. Closed MRI Systems 12.16.3. Standard Bore 12.16.4. Wide Bore 12.17. India MRI Market Forecast, by Field Strength 12.17.1. Low-to-mid Field 12.17.2. High-field 12.17.3. 1.5T 12.17.4. 3T 12.17.5. Very-high Field 12.18. Japan MRI Market Forecast, by Application 12.18.1. Spine and musculoskeletal MRI 12.18.2. Brain and neurological MRI 12.18.3. Vascular MRI 12.18.4. Pelvic and Abdominal MRI 12.18.5. Breast MRI 12.18.6. Cardiac MRI 12.19. Japan MRI Market Forecast, by Architecture 12.19.1. Open MRI Systems 12.19.2. Closed MRI Systems 12.19.3. Standard Bore 12.19.4. Wide Bore 12.20. Japan MRI Market Forecast, by Field Strength 12.20.1. Low-to-mid Field 12.20.2. High-field 12.20.3. 1.5T 12.20.4. 3T 12.20.5. Very-high Field 12.21. ASEAN MRI Market Forecast, by Application 12.21.1. Spine and musculoskeletal MRI 12.21.2. Brain and neurological MRI 12.21.3. Vascular MRI 12.21.4. Pelvic and Abdominal MRI 12.21.5. Breast MRI 12.21.6. Cardiac MRI 12.22. ASEAN MRI Market Forecast, by Architecture 12.22.1. Open MRI Systems 12.22.2. Closed MRI Systems 12.22.3. Standard Bore 12.22.4. Wide Bore 12.23. ASEAN MRI Market Forecast, by Field Strength 12.23.1. Low-to-mid Field 12.23.2. High-field 12.23.3. 1.5T 12.23.4. 3T 12.23.5. Very-high Field 12.24. Rest of Asia Pacific MRI Market Forecast, by Application 12.24.1. Spine and musculoskeletal MRI 12.24.2. Brain and neurological MRI 12.24.3. Vascular MRI 12.24.4. Pelvic and Abdominal MRI 12.24.5. Breast MRI 12.24.6. Cardiac MRI 12.25. Rest of Asia Pacific MRI Market Forecast, by Architecture 12.25.1. Open MRI Systems 12.25.2. Closed MRI Systems 12.25.3. Standard Bore 12.25.4. Wide Bore 12.26. Rest of Asia Pacific MRI Market Forecast, by Field Strength 12.26.1. Low-to-mid Field 12.26.2. High-field 12.26.3. 1.5T 12.26.4. 3T 12.26.5. Very-high Field 12.27. Asia Pacific MRI Market Attractiveness Analysis 12.27.1. By Application 12.27.2. By Architecture 12.27.3. By Field Strength 12.28. PEST Analysis 12.29. Key Trends 12.30. Key Developments 13. Middle East & Africa MRI Market Analysis 13.1. Key Findings 13.2. Middle East & Africa MRI Market Overview 13.3. Middle East & Africa MRI Market Value Share Analysis, by Application 13.4. Middle East & Africa MRI Market Forecast, by Application 13.4.1. Spine and musculoskeletal MRI 13.4.2. Brain and neurological MRI 13.4.3. Vascular MRI 13.4.4. Pelvic and Abdominal MRI 13.4.5. Breast MRI 13.4.6. Cardiac MRI 13.5. Middle East & Africa MRI Market Value Share Analysis, by Architecture 13.6. Middle East & Africa MRI Market Forecast, by Architecture 13.6.1. Open MRI Systems 13.6.2. Closed MRI Systems 13.6.3. Standard Bore 13.6.4. Wide Bore 13.7. Middle East & Africa MRI Market Value Share Analysis, by Field Strength 13.8. Middle East & Africa MRI Market Forecast, by Field Strength 13.8.1. Low-to-mid Field 13.8.2. High-field 13.8.3. 1.5T 13.8.4. 3T 13.8.5. Very-high Field 13.9. Middle East & Africa MRI Market Value Share Analysis, by Country 13.10. Middle East & Africa MRI Market Forecast, by Country 13.10.1. GCC 13.10.2. South Africa 13.10.3. Rest of Middle East & Africa 13.11. Middle East & Africa MRI Market Analysis, by Country 13.12. GCC MRI Market Forecast, by Application 13.12.1. Spine and musculoskeletal MRI 13.12.2. Brain and neurological MRI 13.12.3. Vascular MRI 13.12.4. Pelvic and Abdominal MRI 13.12.5. Breast MRI 13.12.6. Cardiac MRI 13.13. GCC MRI Market Forecast, by Architecture 13.13.1. Open MRI Systems 13.13.2. Closed MRI Systems 13.13.3. Standard Bore 13.13.4. Wide Bore 13.14. GCC MRI Market Forecast, by Field Strength 13.14.1. Low-to-mid Field 13.14.2. High-field 13.14.3. 1.5T 13.14.4. 3T 13.14.5. Very-high Field 13.15. South Africa MRI Market Forecast, by Application 13.15.1. Spine and musculoskeletal MRI 13.15.2. Brain and neurological MRI 13.15.3. Vascular MRI 13.15.4. Pelvic and Abdominal MRI 13.15.5. Breast MRI 13.15.6. Cardiac MRI 13.16. South Africa MRI Market Forecast, by Architecture 13.16.1. Open MRI Systems 13.16.2. Closed MRI Systems 13.16.3. Standard Bore 13.16.4. Wide Bore 13.17. South Africa MRI Market Forecast, by Field Strength 13.17.1. Low-to-mid Field 13.17.2. High-field 13.17.3. 1.5T 13.17.4. 3T 13.17.5. Very-high Field 13.18. Rest of Middle East & Africa MRI Market Forecast, by Application 13.18.1. Spine and musculoskeletal MRI 13.18.2. Brain and neurological MRI 13.18.3. Vascular MRI 13.18.4. Pelvic and Abdominal MRI 13.18.5. Breast MRI 13.18.6. Cardiac MRI 13.19. Rest of Middle East & Africa MRI Market Forecast, by Architecture 13.19.1. Open MRI Systems 13.19.2. Closed MRI Systems 13.19.3. Standard Bore 13.19.4. Wide Bore 13.20. Rest of Middle East & Africa MRI Market Forecast, by Field Strength 13.20.1. Low-to-mid Field 13.20.2. High-field 13.20.3. 1.5T 13.20.4. 3T 13.20.5. Very-high Field 13.21. Middle East & Africa MRI Market Attractiveness Analysis 13.21.1. By Application 13.21.2. By Architecture 13.21.3. By Field Strength 13.22. PEST Analysis 13.23. Key Trends 13.24. Key Developments 14. South America MRI Market Analysis 14.1. Key Findings 14.2. South America MRI Market Overview 14.3. South America MRI Market Value Share Analysis, by Application 14.4. South America MRI Market Forecast, by Application 14.4.1. Spine and musculoskeletal MRI 14.4.2. Brain and neurological MRI 14.4.3. Vascular MRI 14.4.4. Pelvic and Abdominal MRI 14.4.5. Breast MRI 14.4.6. Cardiac MRI 14.5. South America MRI Market Value Share Analysis, by Architecture 14.6. South America MRI Market Forecast, by Architecture 14.6.1. Open MRI Systems 14.6.2. Closed MRI Systems 14.6.3. Standard Bore 14.6.4. Wide Bore 14.7. South America MRI Market Value Share Analysis, by Field Strength 14.8. South America MRI Market Forecast, by Field Strength 14.8.1. Low-to-mid Field 14.8.2. High-field 14.8.3. 1.5T 14.8.4. 3T 14.8.5. Very-high Field 14.9. South America MRI Market Value Share Analysis, by Country 14.10. South America MRI Market Forecast, by Country 14.10.1. Brazil 14.10.2. Mexico 14.10.3. Rest of South America 14.11. South America MRI Market Analysis, by Country 14.12. Brazil MRI Market Forecast, by Application 14.12.1. Spine and musculoskeletal MRI 14.12.2. Brain and neurological MRI 14.12.3. Vascular MRI 14.12.4. Pelvic and Abdominal MRI 14.12.5. Breast MRI 14.12.6. Cardiac MRI 14.13. Brazil MRI Market Forecast, by Architecture 14.13.1. Open MRI Systems 14.13.2. Closed MRI Systems 14.13.3. Standard Bore 14.13.4. Wide Bore 14.14. Brazil MRI Market Forecast, by Field Strength 14.14.1. Low-to-mid Field 14.14.2. High-field 14.14.3. 1.5T 14.14.4. 3T 14.14.5. Very-high Field 14.15. Mexico MRI Market Forecast, by Application 14.15.1. Spine and musculoskeletal MRI 14.15.2. Brain and neurological MRI 14.15.3. Vascular MRI 14.15.4. Pelvic and Abdominal MRI 14.15.5. Breast MRI 14.15.6. Cardiac MRI 14.16. Mexico MRI Market Forecast, by Architecture 14.16.1. Open MRI Systems 14.16.2. Closed MRI Systems 14.16.3. Standard Bore 14.16.4. Wide Bore 14.17. Mexico MRI Market Forecast, by Field Strength 14.17.1. Low-to-mid Field 14.17.2. High-field 14.17.3. 1.5T 14.17.4. 3T 14.17.5. Very-high Field 14.18. Rest of South America MRI Market Forecast, by Application 14.18.1. Spine and musculoskeletal MRI 14.18.2. Brain and neurological MRI 14.18.3. Vascular MRI 14.18.4. Pelvic and Abdominal MRI 14.18.5. Breast MRI 14.18.6. Cardiac MRI 14.19. Rest of South America MRI Market Forecast, by Architecture 14.19.1. Open MRI Systems 14.19.2. Closed MRI Systems 14.19.3. Standard Bore 14.19.4. Wide Bore 14.20. Rest of South America MRI Market Forecast, by Field Strength 14.20.1. Low-to-mid Field 14.20.2. High-field 14.20.3. 1.5T 14.20.4. 3T 14.20.5. Very-high Field 14.21. South America MRI Market Attractiveness Analysis 14.21.1. By Application 14.21.2. By Architecture 14.21.3. By Field Strength 14.22. PEST Analysis 14.23. Key Trends 14.24. Key Developments 15. Company Profiles 15.1. Market Share Analysis, by Company 15.2. Competition Matrix 15.2.1. Competitive Benchmarking of key players by price, presence, market share, Applications and R&D investment 15.2.2. New Product Launches and Product Enhancements 15.2.3. Market Consolidation 15.2.3.1. M&A by Regions, Investment and Applications 15.2.3.2. M&A Key Players, Forward Integration and Backward Integration 15.3. Company Profiles: Key Players 15.3.1. Siemens Healthineers 15.3.1.1. Company Overview 15.3.1.2. Financial Overview 15.3.1.3. Product Portfolio 15.3.1.4. Business Strategy 15.3.1.5. Recent Developments 15.3.1.6. Manufacturing Footprint 15.3.2. GE Healthcare 15.3.3. Phillips 15.3.4. Hitachi 15.3.5. Canon Medical Systems 15.3.6. Koninklijke Philips N.V. 15.3.7. Aurora Imaging Technologies Inc. 15.3.8. General Electric Company 15.3.9. Esaote SpA 15.3.10. Toshiba Corporation. 15.3.11. Aspect Imaging 15.3.12. Bruker 15.3.13. Fonar 15.3.14. Neusoft Medical Systems 15.3.15. Shenzhen Mindray Bio-Medical Electronics 15.3.16. Xingaoyi 15.3.17. Aurora Imaging Technology 15.3.18. Sanrad Medical Systems Pvt. Ltd. 15.3.19. Mindray Medical International Limited 15.3.20. Hologic, Inc. 15.3.21. Nordion Inc. 15.3.22. United Imaging Healthcare Co., Ltd. 16. Primary Key Insights