Research and Markets has announced the addition of the “Global MRI Market – Growth, Trends And Forecasts (2015 – 2020)” report to their offering.
The global MRI systems market is estimated to reach $7 billion by 2020. The market is expected to register a compound annual growth rate (CAGR) of six percent between 2015 and 2020. There are two systems of screening available, the open and the closed type. The open MRI system has a faster growing market as it is preferred over the closed system alleviating claustrophobia in the patients. MRI is the tool of choice for medical investigations as it is more sensitive than CT and does not use ionizing radiations.
MRI is widely used in the diagnosis of cancers, neurological and cardiac disorders. The increasing incidences of these diseases favor the fast growing MRI market. The United States, Europe and South East Asia hold about 80 percent of the market share, but Asian countries like India and China have the fastest growing market as the large investments made in medical research and healthcare have resulted in advanced technologies.
The MRI systems market can be segmented on the basis of structure (Open, Closed and Standing), resolution (low field, mid field and high field), applications (Neurological, Gastrointestinal, Cardiology and Oncology) and regionally (North America, Europe, Asia-Pacific and the rest of the world).
Key Topics Covered:
- Market analysis for the Global MRI Market in Healthcare Industry, with region specific assessments and competition analysis on a global and regional scale.
- Identification of factors instrumental in changing the market scenarios, rising prospective opportunities and identification of key companies which can influence the market on a global and regional scale.
- Extensively researched competitive landscape section with profiles of major companies along with their strategic initiatives and market shares.
- GE Healthcare
- Hitachi Medical Corporation
- Philips Healthcare
- Siemens Healthcare
- Toshiba Medical Systems