Development of Superconducting Magnets Favorable to Global MRI Systems Market to Grow at 6.65% CAGR to 2021

The Report Global MRI Systems Market 2017-2021 provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. -


Albany, NY -- (SBWIRE) -- 03/01/2017 -- has announced the addition of a new report to its repository, titled "Global MRI Systems Market 2017-2021." The report is a thorough analysis of all the factors that will influence the demand in the near future, and projects it to expand at a significant CAGR of 6.65% during the forecast period of 2017 to 2021. The report has been prepared with a solitary aim to compile a comprehensive study of the global magnetic resonance imaging (MRI) systems market to the participants such as academic institutes, hospitals, research institutes, diagnostic centers, and medical device suppliers.

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MRI is an imaging technique that is used to create analytical images of the organs and tissues in the body. It does so via a magnetic field and radio waves. The report observes that technologically advanced MRI systems do not use ionizing radiation either to study the brain function, growth of cancer, or for diagnosis. MRI finds several clinical applications such as cardiology, orthopedics, oncology, neurology, and musculoskeletal. MRI imaging technology is now commonly used for the diagnosis of breast and cardiac diseases, leading to the development of MRI-compatible pacemakers, which offer enhanced patient safety and procedure accuracy during the screening process.

According to the report, several factors will increment the demand for MRI systems in near future, including the development of superconducting (SC) magnets, advent of MRI-compatible pacemakers, and emergence of hybrid imaging technologies. The report also highlights a few trends such as strategic initiatives by firms with novel ideas and financers, increasing focus on development of positron emission tomography (PET) MRI hybrid imaging systems, and rising importance of tele-imaging. On the other hand, some of the factors detected by the report that will challenge the market during the forecast period are the growing demand for refurbished devices, high cost of MRI scans, and competition from other imaging modalities.

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On the basis of product type, the report segments the global MRI systems market into open MRI and close MRI, while on the basis of MRI strength, it bifurcates it into low-field strength, mid-field strength, and high-field strength. Application-wise, the market has been categorized into brain and neurological disorders, whole-body screening, cardiac imaging, interventional radiology, breast imaging, and other applications. By end user, the market is segmented into hospitals, diagnostic centers, and clinics. Geographically, the report studies the opportunities available in the regions of Americas, Asia Pacific (APAC), Europe and the Middle East and Africa (EMEA).

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Some of the leading vendors currently operating in the global MRI systems market are GE Healthcare, Siemens Healthineers, Toshiba Medical Systems, and Philips Healthcare. It also recognizes a few other prominent players including Advanced Imaging Research, Bruker, Biophan Technologies, Neusoft, Esaote, Hitachi Medical Systems, Fonar, Mindray, and Ningbo Jansen NMR Technology.

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