• +1 513 549 5911 (U.S.)
  • +44 203 318 2846 (U.K.)

30 mins free consultation for each report        Upto 50% Discounts for Highest selling reports

Closed MRI Systems Market

Closed MRI Systems Market by Application (Brain, Breast, Spine, Cardiac and Abdominal), by Strength of Magnetic Field (3.0 Tesla, 1.5 Tesla, and Others), and By End Users (Hospitals, Research Institutes and Diagnostic Centers) – Global Forecast till 2025

  • Published Date : 25 Jun 2018
  • Reports Monitor
  • Category : Medical Devices
  • Pages : N/A

Market Scenario:
Magnetic Resonance Imaging (MRI) technology refers to the method of capturing the images of physiological processes in the interior parts of the body, mostly used in radiology. Closed MRI systems are made up of a tube-like tunnel which is used to obtain high resolution. Closed MRI provides better visual 3D images of the inner structure of the body. It delivers several advantages including diagnosis of numerous diseases, for example, breast cancer, prostate cancer, multiple sclerosis and spinal tuberculosis and more. Closed MRI provides better results than open MRI and uses high field strength of 1.5 Tesla and 3.0 Tesla, which has the provision of giving more clear imaging results.

There are more benefits of using closed MRI system than the open system that has anticipated boosting the growth of the market. Furthermore, rising awareness about advanced technology of closed MRI over X-ray is attributed to increasing the growth of the market over the forecast period. Moreover, the rising number of installation of MRI machine in hospitals is providing lucrative growth opportunities for the closed MRI systems market.

For example, G. Green Construction Co., a leading company in full-service builder and construction, took a step to install 3T MRI systems of Siemens Company at Boston’s children hospital in March 2018. Moreover, similar strategies are adopted by numerous key players such as Cape Breton Regional Hospital, situated in Canada, to set up a new MRI unit to enhance its product portfolio and deal with a large number of customers.

Moreover, rising prevalence of brain and spinal injuries is witnessing the remarkable growth of the market. For instance, according to the estimation of National Spinal Cord Injury Statistical Center, around 54 incidences per one million individuals in the U.S. are occurring of spinal cord injury annually from the U.S. population of 327 million people and there are approximately 17700 new spinal cord injuries incidences each year.

However, there are several restraints in the closed MRI systems market. There are many patients who have suffered from sudden attacks during MRI, which is anticipated to trigger the growth opportunities of the market. For example, estimation of Health Research Funding Organization stated that due to claustrophobia, the owing structure of tube-like tunnel of closed MRI, approximately 13% of the individuals suffered from panic attacks in the course of MRI diagnosis. This is attributed to be major restraint of the market growth.

Furthermore, expensive diagnosis of closed MRI is anticipated to impede the market growth. Moreover, developing countries have lack of skilled professional which might the hamper the market expansion in these regions. According to Global Health Workforce Labour Market estimation, there has been a greater demand for the health workers since 2013 and will rise up to 80 million workers. Moreover, there is scarcity of around 15 million health employees worldwide. According to a new statistics provided by the World Health Organisation (WHO), India has a shortage of 500,000 health employees. In view of all the above facts, this may hinder the growth of closed MRI system market.

Regional Analysis:
Geographically, the metabolic testing market is segmented on the basis of the region covering North America, Asia Pacific, Europe, and LAMEA. Europe is expected to be dominant in the closed MRI systems market due to several factors including increased adoption of closed MRI systems market and development of MRI compatible market. In addition, increasing geriatric population and the rising awareness related to benefits of closed MRI in the medical treatment, owing to increase in the neurological and brain MRI are the major factors attributed to a positive influence in the market.

Furthermore, according to the survey of European Magnetic Resonance Forum, the demand of closed MRI system market is higher than open MRI system in Europe. This has led to providing huge opportunities for the market growth.

Key players:
Prominent key players in the market are: Hitachi Medical Corporation, Siemens Healthineers, GE Healthcare, Canon Medical Systems, Philips Healthcare, Toshiba Medical Systems, Aspect Imaging, Aurora Medical Imaging, Esaote S.P.A., and Fonar Corporation.

Competitive Intelligence:
With the vision of increasing the MRI business and integrate the advanced technology of it by offering better medical solutions, a leading company, “Toshiba Medical Systems” has done an acquisition of “Olea Medical” a global developer of medical imaging application.

Segmentation:
By Application:
o Brain
o Breast 
o Spine
o Cardiac 
o Abdominal

By Strength of Magnetic Field: 
o 3.0 Tesla
o 1.5 Tesla
o Others

By End Users:
o Hospitals
o Research Institutes 
o Diagnostic Centres

Regions Covered:
o North America (U.S and Canada)
o Europe (Germany, France, Italy and Rest of Europe)
o Asia-Pacific (China, Japan, India, South Korea and Rest of Asia-Pacific)
o LAMEA (Brazil, Turkey, Saudi Arabia, South Africa and Rest of LAMEA)


									

	

Related Reports

Global Rumination Syndrome Treatment Market 2018 by Manufacturers, Regions, Type and Application, Forecast to 2023

Rumination syndrome, or Merycism, is an under-diagnosed chronic motility disorder characterized by effortless regurgitation of most meals following consumption, due to the involuntary contraction of t ...read more

Global Self-Expanding Peripheral Vascular Stents Market 2018 by Manufacturers, Regions, Type and Application, Forecast to 2023

A stent is a metal or plastic tube inserted into the lumen of an anatomic vessel or duct to keep the passageway open and stenting is the placement of a stent. Scope of the Report: The high prevalence ...read more

Global Scalp Cooling Caps Market 2018 by Manufacturers, Regions, Type and Application, Forecast to 2023

A cooling cap is a therapeutic device used to cool the human scalp. Scope of the Report: Advances in scalp cooling caps technology is expected to drive the global scalp cooling caps market over the f ...read more

Global Kidney Stone Retrieval Device Market 2018 by Manufacturers, Regions, Type and Application, Forecast to 2023

Kidney stone retrieval devices are associated with the treatments or surgeries done for removal of kidney stone. Most of kidney stone patient are having small stone that passes through urine, larger s ...read more

Global Kidney Dialysis Equipment Market 2018 by Manufacturers, Regions, Type and Application, Forecast to 2023

A dialysis machine tries to mimic some of the functions of a human kidney. One of the primary jobs of a kidney is to remove urea and certain salts from the blood so they can exit the body in urine. In ...read more

Choose License Type

Single User - This is a single user license, allowing one specific user access to the product.

Multi User - This is a 1-5 user licence, allowing up to five users have access to the product.

Enterprise User - This is an enterprise license, allowing all employees within your organisation access to the product. The report will be emailed to you.

Why Choose Us

  • Lowest Price Guarantee
  • We offer the lowest prices for the listed reports
  • Data Security
  • Your data is safe and secure
  • Vast Report Database
  • We have more than 2 Million reports in our database
  • Client Focused
  • Personalized updates and 24*7 support
  • Trusted Source and Quality
  • We only work with reputable partners providing high quality research and support
  • Market Segmentation
  • We provide alternative views of the market to help you identify where the real opportunities lie
  • Bulk Discounts
  • We offer great discounts on purchase of multiple reports

How To Reach Us

Reach out to our most senior Sales Professional- Jay Matthews
   +1 513 549 5911 (US)
          +44 203 318 2846 (UK)
   sales@reportsmonitor.com

Our Clients

Testimonials

Well structured, the insights they shared with us were very helpful and reliable. Their timely assistance make their services invaluable to us. I would highly recommend them and would definitely use them again in the future if needed.
-VP of a Automotive division in Germany

The report sent to us was on the point, and its information was quite extensive, well structured, and well researched. More importantly what we valued was your response time and professionalism. As a leading global consulting firm, our clients expect high quality deliverables in short periods of time, so a reliable research partner is essential. For the price that you have charged the quality of your services were exceptional. We look forward to continue our relationship with your team on future engagements
-Product Manager at US based Manufacturer

Coherent, high-quality, thoroughly-researched reports. We received a very quick response to all our queries which eventually expedited the entire process
--Marketing Manager at a pharma company in Belgium

Enquire Before Buying

Need to ask a quick question before buying? Please fill out this short form:

Our Features

Wide Network of Publishers

Wide Network of Publishers

Access to over 1M+ market research reports

Trusted by the Best

Trusted by the Best

50+ Clients in Fortune 500

Competitive Pricing

Competitive Pricing

Our regular promotional offers and discounts make us the most economic seller of market reports

Safe and Secure

Safe and Secure

Your payment details are protected by us.