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The MRI systems market size has the potential to grow by USD 1.91 billion during 2021-2025, and the market's growth momentum will accelerate at a CAGR of 5.99%.
This report provides a detailed analysis of the market by product (closed MRI systems and open MRI systems), geography (North America, Europe, Asia, and ROW), and key vendors.
Browse TOC and LoE with selected illustrations and example pages of MRI Systems Market
The report analyzes the market's competitive landscape and offers information on several market vendors, including:
The MRI systems market is fragmented and the vendors are deploying both organic and inorganic growth strategies to compete in the market. Click here to uncover other successful business strategies deployed by the vendors.
The market players are also significantly leveraging external market drivers such as technological advances in MRI to achieve growth opportunities. However, factors such as the high cost of MRI will challenge the growth of the market participants. To make the most of the opportunities and recover from the post-COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Download a free sample of the MRI systems market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies,
This MRI systems market analysis report also provides detailed information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities.
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38% of the market's growth will originate from North America during the forecast period. The US and Canada are the key markets for MRI systems in North America. Market growth in this region will be slower than the growth of the market in Asia and ROW.
The growing prevalence of several medical conditions is one of the prime factors that will facilitate the MRI systems market growth in North America over the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.
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The MRI systems market share growth by the closed MRI systems segment will be faster than the growth of the other segments. The increasing popularity of wide-bore closed MRI systems and the focus of vendors to increase their magnetic field strength to obtain clearer and higher quality /images are primarily driving the growth of the market segment.
Fetch actionable market insights on the post-COVID-19 impact on each segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the MRI systems market size.
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Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by Product
Customer landscape
Geographic Landscape
Vendor Landscape
Vendor Analysis
Appendix
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
Secondary sources
DATA ANALYSIS
Data Synthesis
Data Validation
REPORT WRITING
Qualitative
Quantitative
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