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The global advanced MRI visualization systems market is expected to grow at a CAGR of over 8% during the forecast period
Advanced MRI visualization systems industry growth is expected to accelerate over the next five years, driven by growing prevalence neurological and spinal disorders across the globe. The Americas will drive almost half of the growth for advanced MRI visualization systems manufacturers, while EMEA and APAC are also predicted to contribute sizably to the incremental growth in the forecast period. According to CDC, more than five million people in the US were estimated to be living Alzheimer’s disease while around 12,000 spinal cord injuries happen every year. Advanced imaging systems help in showcasing better imaging in terms of quality and accuracy, which helps physicians and surgeons to take informed decision about the treatment. Technavio’s advanced MRI visualization systems industry analysis reveals promising markets around the world.
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Rising prevalence of neurological and spinal disorders is driving the market growth
The global advanced MRI visualization systems market is driven by the rising prevalence of neurological and spinal disorders. The number of neurological and spinal disorders has increased over the past few years across the globe, which has surged the demand for advanced MRI visualization systems. Contrasting agents are being increasingly used in advanced imaging technologies for improving the visibility of internal body organs and structures which is expected to boost the growth of the advanced MRI visualization systems market in the next few years. Moreover, people affected by neurological and spinal disorders are required to undergo advanced imaging system tests which are likely to increase the demand for advanced MRI visualization systems over the period of forecast.
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Canon Medical Systems, GE Healthcare, and Siemens Healthcare are among the leading advanced MRI visualization systems manufacturers
The global advanced MRI visualization systems market is expected to grow increasingly fragmented with the emergence of many international and regional vendors who offer advanced imaging systems. Most of the established manufacturers in the global advanced MRI visualization systems market are focused on developing advanced imaging technologies to consolidate their market position and expand their product portfolio. Many international and regional vendors are vying for their share of the market, and players must differentiate themselves to gain vital traction over their peers.
This report offers a complete analysis of several companies, including:
- Canon Medical Systems
- GE Healthcare
- Koninklijke Philips
- Siemens Healthineers
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