Magnetic Resonance Imaging (MRI) System Market worth $5.24 Billion By 2018 - PowerPoint PPT Presentation

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Magnetic Resonance Imaging (MRI) System Market worth $5.24 Billion By 2018

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The global healthcare industry is witnessing a paradigm shift, skewed towards non-invasive and non-ionizing diagnostic procedures, which not only cures serious illnesses, but also have negligible side effects. Magnetic resonance imaging (MRI) is one of such technologies with the potential to revolutionize medical diagnostics in healthcare. The global MR systems market was valued at $4 billion and $4.1 billion in 2011 and 2012, respectively. As of March 2013, the market is expected to be $4.13 billion and is poised to reach approximately $5.24 billion by 2018 at a CAGR of 4.56%. – PowerPoint PPT presentation

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Title: Magnetic Resonance Imaging (MRI) System Market worth $5.24 Billion By 2018


1
MarketsandMarkets Presents
Magnetic Resonance Imaging (MRI) System Market
worth 5.24 Billion By 2018

2
  • The "Advances in Magnetic Resonance Imaging
    (MRI) System Market (2013-2018) - Technology
    Trend Analysis By Architecture, Field
    Strengths, Technology Applications in Medical
    Diagnostics with Market Landscape Analysis
    Estimates up to 2018
  • Browse 22 market data tables with 43 figures
    spread through 208 slides and in-depth TOC on
    Advances in Magnetic Resonance Imaging (MRI)
    System Market (2013-2018) - Technology Trend
    Analysis By Architecture, Field Strengths,
    Technology Applications in Medical Diagnostics
    with Market Landscape Analysis Estimates up to
    2018
  • http//www.marketsandmarkets.com/Market-Reports/MR
    I-advanced-technologies-and-global-market-99.html

3
  • The global healthcare industry is witnessing a
    paradigm shift, skewed towards non-invasive and
    non-ionizing diagnostic procedures, which not
    only cures serious illnesses, but also have
    negligible side effects. Magnetic resonance
    imaging (MRI) is one of such technologies with
    the potential to revolutionize medical
    diagnostics in healthcare. The global MR systems
    market was valued at 4 billion and 4.1 billion
    in 2011 and 2012, respectively. As of March 2013,
    the market is expected to be 4.13 billion and is
    poised to reach approximately 5.24 billion by
    2018 at a CAGR of 4.56.
  • This market research report evaluates the global
    market of magnetic resonance imaging by
    architecture, field strength, technology,
    application, and geography. The architecture MRI
    market is further categorized as closed and open
    MRI systems the field strength segment comprises
    low to mid-field strength, high field strength
    and very-high field strength MR systems, the
    technology segment is classified as MR Angiogram,
    MR Venogram, functional MRI, MR Spectroscopy and
    Fusion MR, while the application segment covers
    breast MRI, cardiac MRI, interventional MRI,
    whole body MRI and MRI for brain, and
    neurological disorders.

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  • Closed systems with high field strengths
    dominate the market due to their high clinical
    significance and higher image resolution.
    Technological advancements such as the
    introduction of MRI-compatible pacemakers and
    digital broadband scanners drive the growth of
    the MRI market. Aging population in developed
    countries and increasing cases of chronic
    diseases in developing economies accelerates the
    market growth from the demand side.
  • The use of MRI technology is expected to dilate
    globally owing to its significance in modern
    medical diagnosis for diverse biomedical
    applications. MRI systems for neurology and brain
    disorders command the current market, while
    cardiac MRI and breast MR systems are gaining
    momentum, due to rising cardiac and breast cancer
    cases globally.
  • With its ability to image anatomically and
    functionally, MRI has found its way into surgical
    applications and as well as in diffusion and
    perfusion imaging. It is being combined with
    other modalities such as PET, SPECT and
    ultrasound to achieve new heights of image
    clarity.

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  • In brief, the highlights of the report are as
    follows
  • Comprehensive analysis of the market structure,
    along with forecast of the MRI market, based on
    magnet type, field strength, technology, and
    applications
  • Identification of factors driving and restraining
    the growth of MR imaging market for the next five
    years (2013-2018) with more emphasis on Helium
    shortage
  • Description of global technology developments
    with major emphasis on technological innovations
    by the corporate sector and collaborative efforts
    by academic institutions
  • Thorough analysis of current investors in the MRI
    market, highlighting investment opportunities
    based on architecture, field strengths,
    applications, and geography

6
  • Patent analysis based on geography, offers
    significant research and development carrying out
    in the market of MRI
  • Assessment of regulatory framework,
    reimbursement, and pricing issues related to MR
    systems
  • Analysis of the competitive landscape, which
    includes joint ventures, mergers and
    acquisitions, new product developments, and
    research and development in the MRI market

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8
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