Magnetic Resonance Imaging (MRI) System Market 2018

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MarketsandMarkets Presents
Magnetic Resonance Imaging (MRI) System Market
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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. Browse gtgt
22 market data tables
43 figures 208 slides In-depth TOC on
Magnetic Resonance Imaging (MRI) System
Market http//www.marketsandmarkets.com/Market-R
eports/MRI-advanced-technologies-and-global-market
-99.html
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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. 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.
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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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