Global MRI Scanner Market North America is expected to reach US$ 8.29 Bn. at a CAGR of 7% during the forecast period 2029. The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region.To know about the Research Methodology:-Request Free Sample Report Global MRI scanner market growth is primarily driven by higher accuracy rate in diagnosis due to technological advancements. Use of magnetic field provides more detailed images, in certain cases of neurological, craniological etc. screenings as compared to other imaging modalities like CT scanners and X-ray devices. Increasing investments, funds and grants by the government to the development of imaging facilities will boost MRI market growth over the forecast period. For instance, Europe government has structured reimbursement policies that will lead to an increase in the number of scans been performed in imaging centers, hospitals and other imaging centers leading to MRI scanners market growth. Continue developments in technologies used in MRI scanners will provide enhancement in images in future that will give demand for MRI scanners in diagnostic centers.
Global MRI scanner market Segment Analysis
By Product Type, Closed and open MRI scanners are two major types of MRI scanners. closed MRI scanner is the traditionally used scanners and provide images that are of high quality, but small tubes used in closed MRI scanners can be one of the restraint for claustrophobic patients. Whereas in the case of open MRI scanners architecture of open MRI scanners gives relief to claustrophobic patients and in terms of comfort for general patients. Open MRI scanners are economical as compared to closed systems in terms of cost maintenance. Latest MRI devices like standing or sitting scanners give more comfort during scanning but have less image quality as compared to closed and open MRI scanners. Market players trying to address the image quality concerns that will propel the market for standing or sitting MRI scanners. By Devise Technolololy, MRI scanner is subdivided into high, mid and low-field MRI scanners. Technology depends on magnetic field strength of MRI scanners. Generally, high field MRI scanners use stronger magnets ranging from at least 1.5T up to 3.0T. A 1.5T MRI that provides good quality images. Mid-field MRI scanners use magnets of strength that ranges from 0.5-1.0. T and in low-field MRI scanners a magnet range of 0.23T-0.3T is used. Strong magnets used in high-field MRI scanners provide more detailed images. As magnetic strength decreases the quality of images reduces. High-field MRI scanners take less time to scan while low-field MRI scanners comparatively take more time to scan and have low quality as compared to high-field scanners but are economical and provides an alternative for claustrophobic patients. On the basis of Application, MRI scanners have wide application in diagnosis of inflammation, degenerative diseases, strokes, musculoskeletal disorders, tumors and other irregularities that exist in tissue or organs in their body. Diagnosis of these diseases gives the idea of further procedure of treatment to doctors. In recent years due to unhealthy eating habits, increased use of pesticides in crops, sedentary lifestyle leads to several chronic diseases will fuel the market for MRI Scanners. Although the diagnosis is one of the major application of MRI scanners it is also used in the research industry to understand more details about type, a cause of disease. Based on End-Users, Hospitals and diagnostic centres are major users of MRI scanners. Due to the availability of money, space and looking at quality level; hospitals generally prefers a closed or open type of MRI scanners. While diagnostic centers will prefer standing or sitting MRI scanners due to more convenience in size and low cost as compared to open or closed MRI scanners. In veterinary hospitals, MRI is been used to detect diseases like a paralyzed dog with disc herniation brain tumour, stroke and many other conditions such as rupture cranial cruciate ligament.Global MRI scanner Market Regional Insights
On the basis of geography, market is divided into mainly five regions that are North America, Europe, Asia Pacific, Latin America and MEA. North America accounts for the largest share in MRI market, high disposable income in the U.S. Canada along with increased awareness for MRI will increase the number of scans been performed leading to significant growth in North America MRI scanner market. Further, rise in aging population and increasing incidence and prevalence of like cardiac, neurological, etc. diseases will fuel demand MRI scans market. Also increasing investment from public and private entities will boost MRI scanners market in North America. In Asia Pacific region, increasing disposable income in developing countries like India, China giving reason to increase in MRI market. Also government in countries like Australia, Canada are spending a huge percentage of their GDP in the healthcare industry. Further Europe government is giving reimbursement programs which is one of the reasons for the increase in MRI market. A growing aging population has been seen as a major reason globally for a demand of the MRI market.Global MRI scanner market scenario
In recent years, an increasing aging population, technological advancement, healthcare expenditure and awareness of target diseases have created demand for medical equipment like MRI scanners. North America accounts for highest market share in MRI scanners due to countries like the U.S, Canada is spending a huge percentage of their GDP on the healthcare industry. MRI scanners market is significantly growing the market with CAGR 6.6%. In the case of neurological, craniological diseases etc. MRI provides more detailed and high-resolution images with less hazardous rays as compared to other scanners like CT scanner and X-ray scanners.Global MRI Scanner Market Scope: Inquire before buying
Global MRI Scanner Market Report Coverage Details Base Year: 2021 Forecast Period: 2022-2029 Historical Data: 2017 to 2021 Market Size in 2021: US $ 4.83 Bn. Forecast Period 2022 to 2029 CAGR: 7% Market Size in 2029: US $ 8.29 Bn. Segments Covered: by Product Type • Traditional Closed MRI Scans • Open MRI Scans • Standing or Sitting MRI Scans by Device Technology • High-Field MRI Scanners • Mid-field MRI scanners • Low-Field MRI Scanners by Application • Diagnosis • Inflammation • Degenerative diseases • Strokes • Musculoskeletal disorders • Tumours • Other irregularities that exist in tissue or organs in their body • In research • In veterinary hospitals by End-User • Hospitals • Diagnostic Centres • Research & Academic Institutions • Veterinary Hospitals and Clinics Global MRI Scanner Market, by Region
• North America • Asia-Pacific • Europe • South America • Middle East and AfricaGlobal MRI Scanner Market Key Players
• GE Healthcare • Siemens AG • Philips • Toshiba Corporation. • Hitachi Ltd • Shimadzu Corporation • Samsung Electronics Co., Ltd • Neusoft Corporation • Medtronic PLC • Accuracy Incorporated • Fujifilm Holdings • Philips Healthcare • Care stream Health • Hologic • Esaote • Shenzhen Anke High-Tech Co., Ltd. • Bruker • Hallmarq veterinary imaging • MR solutions • Fonar Frequently Asked Questions: 1. Which region has the largest share in Global MRI Scanner Market? Ans: North America region held the highest share in 2021. 2. What is the growth rate of Global MRI Scanner Market? Ans: The Global MRI Scanner Market is growing at a CAGR of 7% during forecasting period 2022-2029. 3. What is scope of the Global MRI Scanner market report? Ans: Global MRI Scanner Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global MRI Scanner market? Ans: The important key players in the Global MRI Scanner Market are – GE Healthcare, Siemens AG, Philips, Toshiba Corporation., Hitachi Ltd, Shimadzu Corporation, Samsung Electronics Co., Ltd, Neusoft Corporation, Medtronic PLC, Accuracy Incorporated, Fujifilm Holdings, Philips Healthcare, Care stream Health, Hologic, Esaote, Shenzhen Anke High-Tech Co., Ltd., Bruker, Hallmarq veterinary imaging, MR solutions, and Fonar. 5. What is the study period of this market? Ans: The Global MRI Scanner Market is studied from 2021 to 2029.
Chapter 1 Research Methodology .1.1. Research Methodology .1.2. Market definition .1.3. Assumptions and Acronyms Used .1.4. Data Sources .1.4.1. Secondary .1.4.1.1. Paid .1.4.1.2. Unpaid .1.4.2. Primary Chapter 2 Executive Summary .2.1. Global ambulatory surgery centers market overview .2.1.1. By product type .2.1.2. By Device Technology .2.1.3. By applications .2.1.4. By end user Chapter 3 Global MRI scanner market .3.1. Market segmentation and scope of study .3.2. Market Drivers and their impact analysis .3.2.1. Market Drivers .3.2.1.1. Increase in funds, investment, grants by government to modernization of imaging facilities .3.2.1.2. Increasing number of diagnostic centers globally .3.2.1.3. Technological advancements in MRI imaging .3.2.1.4. Detailed imaging than other scanners like CT and X ray scanners. .3.2.1.5. Rising awareness of target disease .3.2.2. Market restraints .3.2.2.1. Considerable high cost .3.2.2.2. Competition from other diagnostic imaging technique like optical imaging .3.3. Market share analysis .3.3.1. By product type .3.3.2. By Device Technology .3.3.3. By applications .3.3.4. By end users .3.4. Reimbursements scenario .3.4.1. U.S. .3.4.2. Europe .3.5. Regulations landscape .3.5.1. U.S. .3.5.2. Europe .3.6. Competitive analysis .3.6.1. Key strategic initiatives .3.6.2. Regional presence .3.6.3. Product overview .3.7. Porter’s analysis .3.8. PESTEL analysis Chapter 4 Global MRI Scanner Market, By Product Type .4.1. Key segment trends .4.2. Traditional closed MRI scanners .4.2.1. Market size, by region, 2021-2029 .4.3. Open MIR scanners .4.3.1. Market size, by region, 2021-2029 .4.4. Standing or sitting MRI scanners .4.4.1. Market size, by region, 2021-2029 Chapter 5 Global MRI Scanner Market, By Device Technology 5.1 Key segment trends 5.2 High-field MRI scanners 5.2.1 Market size, by region, 2021-2029 5.3 Mid-field MRI scanners 5.3.1 Market size, by region, 2021-2029 5.4 Low-field MRI scanners 5.4.1 Market size, by region, 2021-2029 Chapter 6 Global MRI Scanner Market, By Applications 6.1 Key segment trends 6.2 Human Diagnosis 6.2.1 Market size, by region, 2021-2029 6.2.2 Inflammation 6.2.2.1 Market size, by region, 2021-2029 6.2.3 Degenerative diseases 6.2.3.1 Market size, by region, 2021-2029 6.2.4 Strokes 6.2.4.1 Market size, by region, 2021-2029 6.2.5 Musculoskeletal disorders 6.2.5.1 Market size, by region, 2021-2029 6.2.6 Tumors 6.2.6.1 Market size, by region, 2021-2029 6.2.7 Others (bone, tissues etc.) 6.2.7.1 Market size, by region, 2021-2029 6.3 Veterinary diagnosis 6.3.1 Market size, by region, 2021-2029 6.4 Research and Medicine 6.4.1 Market size, by region, 2021-2029 Chapter 7 Global MRI Scanner Market, By End User 7.1 Key segment trends 7.2 Hospitals 7.2.1 Market size, by region, 2021-2029 7.3 Diagnostic Centers 7.3.1 Market size, by region, 2021-2029 7.4 Research Institutions 7.4.1 Market size, by region, 2021-2029 7.5 Veterinary Hospitals and Clinics 7.5.1 Market size, by region, 2021-2029 Chapter 8 Global MRI Scanner Market, By Region 8.1 Key regional trends 8.2 North America 8.2.1.1 Market size, by country, 2021-2029 8.2.1.2 Market size, by product type, 2021-2029 8.2.1.3 Market size, by device technology, 2021-2029 8.2.1.4 Market size, by application, 2021-2029 8.2.1.5 Market size, by end user, 2021-2029 8.2.1.6 U.S. 8.2.1.6.1 Market size, by product type, 2021-2029 8.2.1.6.2 Market size, by device technology, 2021-2029 8.2.1.6.3 Market size, by application, 2021-2029 8.2.1.6.4 Market size, by end user, 2021-2029 8.2.1.7 Canada 8.2.1.7.1 Market size, by product type, 2021-2029 8.2.1.7.2 Market size, by device technology, 2021-2029 8.2.1.7.3 Market size, by application, 2021-2029 8.2.1.7.4 Market size, by end user, 2021-2029 8.2.2 Europe 8.2.2.1 Market size, by country, 2021-2029 8.2.2.2 Market size, by product type, 2021-2029 8.2.2.3 Market size, by device technology, 2021-2029 8.2.2.4 Market size, by application, 2021-2029 8.2.2.5 Market size, by end user, 2021-2029 8.2.2.6 Germany 8.2.2.6.1 Market size, by product type, 2021-2029 8.2.2.6.2 Market size, by device technology, 2021-2029 8.2.2.6.3 Market size, by application, 2021-2029 8.2.2.6.4 Market size, by end user, 2021-2029 8.2.2.7 UK 8.2.2.7.1 Market size, by product type, 2021-2029 8.2.2.7.2 Market size, by device technology, 2021-2029 8.2.2.7.3 Market size, by application, 2021-2029 8.2.2.7.4 Market size, by end user, 2021-2029 8.2.2.8 France 8.2.2.8.1 Market size, by product type, 2021-2029 8.2.2.8.2 Market size, by device technology, 2021-2029 8.2.2.8.3 Market size, by application, 2021-2029 8.2.2.8.4 Market size, by end user, 2021-2029 8.2.2.9 Spain 8.2.2.9.1 I market size, by product type, 2021-2029 8.2.2.9.2 Market size, by device technology, 2021-2029 8.2.2.9.3 Market size, by application, 2021-2029 8.2.2.9.4 Market size, by end user, 2021-2029 8.2.2.10 Italy 8.2.2.10.1 I market size, by product type, 2021-2029 8.2.2.10.2 Market size, by device technology, 2021-2029 8.2.2.10.3 Market size, by application, 2021-2029 8.2.2.10.4 Market size, by end user, 2021-2029 8.2.2.11 Russia 8.2.2.11.1 Market size, by product type, 2021-2029 8.2.2.11.2 Market size, by device technology, 2021-2029 8.2.2.11.3 Market size, by application, 2021-2029 8.2.2.11.4 Market size, by end user, 2021-2029 8.2.3 Asia pacific 8.2.3.1 Market size, by country, 2021-2029 8.2.3.2 Market size, by product type, 2021-2029 8.2.3.3 Market size, by device technology, 2021-2029 8.2.3.4 Market size, by application, 2021-2029 8.2.3.5 Market size, by end user, 2021-2029 8.2.3.6 India 8.2.3.6.1 Market size, by product type, 2021-2029 8.2.3.6.2 Market size, by device technology, 2021-2029 8.2.3.6.3 Market size, by application, 2021-2029 8.2.3.6.4 Market size, by end user, 2021-2029 8.2.4 China 8.2.4.1.1 Market size, by product type, 2021-2029 8.2.4.1.2 Market size, by device technology, 2021-2029 8.2.4.1.3 Market size, by application, 2021-2029 8.2.4.1.4 Market size, by end user, 2021-2029 8.2.4.2 Japan 8.2.4.2.1 Market size, by product type, 2021-2029 8.2.4.2.2 Market size, by device technology, 2021-2029 8.2.4.2.3 Market size, by application, 2021-2029 8.2.4.2.4 Market size, by end user, 2021-2029 8.2.4.3 Australia 8.2.4.3.1 Market size, by product type, 2021-2029 8.2.4.3.2 Market size, by device technology, 2021-2029 8.2.4.3.3 Market size, by application, 2021-2029 8.2.4.3.4 Market size, by end user, 2021-2029 8.2.5 Latin America 8.2.5.1 Market size, by country, 2021-2029 8.2.5.2 Market size, by product type, 2021-2029 8.2.5.3 Market size, by device technology, 2021-2029 8.2.5.4 Market size, by application, 2021-2029 8.2.5.5 Market size, by end user, 2021-2029 8.2.5.6 Argentina 8.2.5.6.1 Market size, by product type, 2021-2029 8.2.5.6.2 Market size, by device technology, 2021-2029 8.2.5.6.3 Market size, by application, 2021-2029 8.2.5.6.4 Market size, by end user, 2021-2029 8.2.5.7 Brazil 8.2.5.7.1 Market size, by product type, 2021-2029 8.2.5.7.2 Market size, by device technology, 2021-2029 8.2.5.7.3 Market size, by application, 2021-2029 8.2.5.7.4 Market size, by end user, 2021-2029 8.2.5.8 Mexico 8.2.5.8.1 Market size, by product type, 2021-2029 8.2.5.8.2 Market size, by device technology, 2021-2029 8.2.5.8.3 Market size, by application, 2021-2029 8.2.5.8.4 Market size, by end user, 2021-2029 8.2.6 Middle East and Africa 8.2.6.1 Market size, by country, 2021-2029 8.2.6.2 Market size, by product type, 2021-2029 8.2.6.3 Market size, by device technology, 2021-2029 8.2.6.4 Market size, by application, 2021-2029 8.2.6.5 Market size, by end user, 2021-2029 8.2.6.6 South Africa 8.2.6.6.1 Market size, by product type, 2021-2029 8.2.6.6.2 Market size, by device technology, 2021-2029 8.2.6.6.3 Market size, by application, 2021-2029 8.2.6.6.4 Market size, by end user, 2021-2029 8.2.6.7 Saudi Arabia 8.2.6.7.1 Market size, by product type, 2021-2029 8.2.6.7.2 Market size, by device technology, 2021-2029 8.2.6.7.3 Market size, by application, 2021-2029 8.2.6.7.4 Market size, by end user, 2021-2029 Chapter 9 Consolidations 9.1.1 Mergers and Acquisitions 9.1.2 Partnership, Joint Ventures and Strategic Alliances/Sales Agreements 9.1.3 Patent Analysis Chapter 10 Company Profiles 10.1.1 GE Healthcare (A Subsidiary of General Electric Company) 10.1.1.1 Company overview 10.1.1.2 Key financials 10.1.1.3 Product landscape 10.1.1.4 Strategic initiatives 10.1.1.5 SWOT analysis 10.1.2 Siemens AG 10.1.2.1 Company overview 10.1.2.2 Key financials 10.1.2.3 Product landscape 10.1.2.4 Strategic initiatives 10.1.2.5 SWOT analysis 10.1.3 Philips 10.1.3.1 Company overview 10.1.3.2 Key financials 10.1.3.3 Product landscape 10.1.3.4 Strategic initiatives 10.1.3.5 SWOT analysis 10.1.4 Toshiba Corporation. 10.1.4.1 Company overview 10.1.4.2 Key financials 10.1.4.3 Product landscape 10.1.4.4 Strategic initiatives 10.1.4.5 SWOT analysis 10.1.5 Hitachi Ltd 10.1.5.1 Company overview 10.1.5.2 Key financials 10.1.5.3 Product landscape 10.1.5.4 Strategic initiatives 10.1.5.5 SWOT analysis 10.1.6 Shimadzu Corporation 10.1.6.1 Company overview 10.1.6.2 Key financials 10.1.6.3 Product landscape 10.1.6.4 Strategic initiatives 10.1.6.5 SWOT analysis 10.1.7 Samsung Electronics Co., Ltd 10.1.7.1 Company overview 10.1.7.2 Key financials 10.1.7.3 Product landscape 10.1.7.4 Strategic initiatives 10.1.7.5 SWOT analysis 10.1.8 Neusoft Corporation 10.1.8.1 Company overview 10.1.8.2 Key financials 10.1.8.3 Product landscape 10.1.8.4 Strategic initiatives 10.1.8.5 SWOT analysis 10.1.9 Medtronic PLC 10.1.9.1 Company overview 10.1.9.2 Key financials 10.1.9.3 Product landscape 10.1.9.4 Strategic initiatives 10.1.9.5 SWOT analysis 10.1.10 Accuracy Incorporated 10.1.10.1 Company overview 10.1.10.2 Key financials 10.1.10.3 Product landscape 10.1.10.4 Strategic initiatives 10.1.10.5 SWOT analysis 10.1.11 Fujifilm Holdings 10.1.11.1 Company overview 10.1.11.2 Key financials 10.1.11.3 Product landscape 10.1.11.4 Strategic initiatives 10.1.11.5 SWOT analysis 10.1.12 Philips Healthcare 10.1.12.1 Company overview 10.1.12.2 Key financials 10.1.12.3 Product landscape 10.1.12.4 Strategic initiatives 10.1.12.5 SWOT analysis 10.1.13 Care stream Health 10.1.13.1 Company overview 10.1.13.2 Key financials 10.1.13.3 Product landscape 10.1.13.4 Strategic initiatives 10.1.13.5 SWOT analysis 10.1.14 Hologic 10.1.14.1 Company overview 10.1.14.2 Key financials 10.1.14.3 Product landscape 10.1.14.4 Strategic initiatives 10.1.14.5 SWOT analysis 10.1.15 Esaote 10.1.15.1 Company overview 10.1.15.2 Key financials 10.1.15.3 Product landscape 10.1.15.4 Strategic initiatives 10.1.15.5 SWOT analysis 10.1.16 Shenzhen Anke High-Tech Co., Ltd. 10.1.16.1 Company overview 10.1.16.2 Key financials 10.1.16.3 Product landscape 10.1.16.4 Strategic initiatives 10.1.16.5 SWOT analysis 10.1.17 Bruker 10.1.17.1 Company overview 10.1.17.2 Key financials 10.1.17.3 Product landscape 10.1.17.4 Strategic initiatives 10.1.17.5 SWOT analysis 10.1.18 Hallmarq veterinary imaging 10.1.18.1 Company overview 10.1.18.2 Key financials 10.1.18.3 Product landscape 10.1.18.4 Strategic initiatives 10.1.18.5 SWOT analysis 10.1.19 MR solutions 10.1.19.1 Company overview 10.1.19.2 Key financials 10.1.19.3 Product landscape 10.1.19.4 Strategic initiatives 10.1.20 Fonar 10.1.20.1 Company overview 10.1.20.2 Key financials 10.1.20.3 Product landscape 10.1.20.4 Strategic initiatives