MRI Systems Market by Product and Geography - Forecast and Analysis 2021-2025
- Published: Dec 2020
- Pages: 120
- SKU: IRTNTR45908
The 2021-2025 version of this report is just being published. Buy it now and get up to $1000 worth of free customization!
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
Market Competitive Analysis
The report analyzes the market’s competitive landscape and offers information on several market vendors, including:
- Aspect Imaging Ltd.
- Bruker Corp.
- Canon Inc.
- FONAR Corp.
- General Electric Co.
- Hitachi Ltd.
- Koninklijke Philips NV
- MR Solutions Ltd.
- Shenzhen Mindray Bio-Medical Electronics Co. Ltd.
- Siemens Healthineers AG
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.
MRI Systems Market: Key Drivers and Trends
Grab your Free Sample now to unlock further information on other key market drivers
MRI Systems Market: Segmentation by Geography
For more insights on the market share of various regions Request for a FREE sample now!
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.
MRI Systems Market: Segmentation by Product
Request for a FREE sample and Get more information on the market contribution of various segments
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.
MRI Systems Market: Key Highlights of the Report for 2021-2025
- CAGR of the market during the forecast period 2021-2025
- Detailed information on factors that will drive MRI systems market growth during the next five years
- Precise estimation of the MRI systems market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the MRI systems industry across North America, Europe, Asia, and ROW
- A thorough analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of MRI systems market vendors
We can help! Our analysts can customize this report to meet your requirements. Get in touch
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.
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
Get your FREE sample now!
Frequently Asked Questions?
- Increasing prevalence of diseases coupled with growing geriatric population
- Software advances in MRI technology
Get the report (PDF) sent to your email within minutes.
Subscribe & Save
Get lifetime access to our
Did you know?
Did you know?
Did you know?
Want to customize this report?
This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time.
Technavio's SUBSCRIPTION platform
Register for a free trial today and gain instant access to 17,000+ market research reports.