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The open system MRI market size is forecast to increase by USD 267.2 million at a CAGR of 4.5% between 2023 and 2028. The Open System MRI market is experiencing significant growth, driven by the increasing prevalence of diseases, particularly those related to tumors, inflammation, infection, and blood supply issues. The aging population further fuels market expansion, as healthcare providers increasingly rely on diagnostic images to assess and treat various health conditions. Software advancements in MRI technology enable clearer and more accurate images, improving diagnostic capabilities. However, the high cost of MRI scans using contrast material, such as Gadolinium, remains a challenge for some patients and healthcare systems. In comparison, CT scans using computed tomography offer a lower cost alternative, but may not provide the same level of detail and contrast resolution as MRI. Overall, the Open System MRI market is poised for continued growth, as technological advancements and increasing disease prevalence drive demand for more accurate and effective diagnostic tools.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Opportunity/Restraints
10 Competitive Landscape
11 Competitive Analysis
12 Appendix
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