Market by Architecture, Field Type, Application, and Geography | Forecast 2021-2028
As per Triton Market Research, the global magnetic resonance imaging (MRI) market was valued at $7.54 billion in 2020 and is expected to reach $13.28 billion by 2028, growing at a CAGR of 5.62% during the forecasted period 2021-2028.
Magnetic
resonance imaging (MRI) refers to non-invasive imaging technology, producing
3-D detailed anatomical images. It is often used for the detection of diseases,
diagnosis, and monitoring treatments. Additionally, it is based on an advanced
technology used to discover any changes in the direction of the rotational axis
existing for protons found in the water that makes up the living tissues.
Triton’s
report on the magnetic resonance imaging (MRI) market provides an in-depth
insight into the market. The detailed analysis of the market includes key
insights, Porter’s five forces analysis, market attractiveness index, vendor
scorecard, key strategies, key impact analysis, and impact of COVID-19 on
magnetic resonance imaging market.
The
market is driven by several factors, such as growth in technological
advancements, MRI use for breast cancer evaluation, and the development of
minimally invasive procedures with MRI. Additionally, the rapid increase in
chronic diseases, especially in the Asia-Pacific region, is mainly due to the
increasing lifestyle risk factors. The four major chronic diseases are cardiovascular
diseases, cancer, chronic respiratory diseases, and diabetes. Chronic diseases
are the leading cause of death and disability in the United States. As per the
Centers for Disease Control and Prevention (CDC), in 133 million Americans, 45%
of the population has at least one chronic disease. In this regard, MRI helps
locate cancer in the body and understand how far it has spread, based on which
the treatment plan is decided.
Further,
the growing number of accidents and injuries is anticipated to create affluent
opportunities for the magnetic resonance imaging (MRI) market. As per the WHO,
1.3 million people die due to road traffic crashes every year, while many face
lifelong disabilities due to the same. Moreover, most crashes lead to fatal
head injuries, which increases the use of MRI scanners to identify the extent
of the injury.
In contrast, since MRI Systems are medical-related products, it faces stringent regulations. Several regulatory bodies regulate the safe and secure way of using MRI-related devices as they are radiation-emitting electronic products that can cause damage to the human body if precautions are not taken.
Key geographies covered in the global magnetic
resonance imaging (MRI) market are:
• North America: United States and
Canada
• Europe: United Kingdom, France,
Germany, Spain, Italy, Russia, and Rest of Europe
• Asia-Pacific: China, Japan, India,
South Korea, ASEAN Countries, Australia & New Zealand, and Rest of
Asia-Pacific
• Latin America: Brazil, Mexico, and
Rest of Latin America
• Middle East and Africa: United Arab
Emirates, Saudi Arabia, Turkey, South Africa, and Rest of Middle East &
Africa
The segmentation analysis of the magnetic
resonance imaging (MRI) market is based on architecture, field type, and
application:
• Architecture
segment includes:
o Closed MRI Systems
o Open MRI Systems
• Field
Type segment includes:
o High Field
• 3T MRI
• 7T MRI
o Mid Field
o Low Field
• Application
segment includes:
o Neurology
o Musculoskeletal
o Oncology
o Cardiology
o Gastroenterology
o Other Applications
The
key players in the magnetic resonance imaging (MRI) market consist of Canon
Medical Corp, Carestream Health Inc, Fujifilm Holdings Corporation, GE
Healthcare, Philips Healthcare, Siemens Healthineers, Analogic Corporation,
Fonar Corporation, Mindray Medical International Limited, Aurora Imaging
Technology Inc, Konica Minolta, Shimadzu Corp, Hologic Inc, Medtronic Plc, and
Esaote SPA.
Market By Type, Application, E ..
VIEW REPORT
Market By Device Type, Therape ..
VIEW REPORT
Market By Type, Application, T ..
VIEW REPORT
Market By Technology, Applicat ..
VIEW REPORT
Market By Application, Type, E ..
VIEW REPORT
Market by Therapeutics, Diagno ..
VIEW REPORT
Market by Type, Application, E ..
VIEW REPORT1. GLOBAL
MAGNETIC RESONANCE IMAGING (MRI) MARKET - SUMMARY
2. INDUSTRY
OUTLOOK
2.1. IMPACT
OF COVID-19 ON MAGNETIC RESONANCE IMAGING (MRI) MARKET
2.2. KEY
INSIGHTS
2.2.1. ASIA-PACIFIC
SECURES THE LARGEST REGIONAL MARKET
2.2.2. RISING
NEED FOR MRI FROM EMERGING ECONOMIES
2.2.3. BASIC
MRI TECHNIQUES GAINING POPULARITY
2.3. PORTER’S
FIVE FORCES ANALYSIS
2.3.1. THREAT
OF NEW ENTRANTS
2.3.2. THREAT
OF SUBSTITUTES
2.3.3. BARGAINING
POWER OF BUYERS
2.3.4. BARGAINING
POWER OF SUPPLIERS
2.3.5. THREAT
OF COMPETITIVE RIVALRY
2.4. MARKET
ATTRACTIVENESS INDEX
2.5. VENDOR
SCORECARD
2.6. KEY
IMPACT ANALYSIS
2.6.1. PRICE
2.6.2. SCANNING
CAPABILITIES
2.6.3. PATIENT
COMFORT
2.7. KEY
MARKET STRATEGIES
2.7.1. ACQUISITIONS
2.7.2. PRODUCT
LAUNCHES
2.7.3. CONTRACTS
& PARTNERSHIPS
2.7.4. BUSINESS
EXPANSIONS & DIVESTITURES
2.8. MARKET
DRIVERS
2.8.1. GROWTH
IN TECHNOLOGY ADVANCEMENTS
2.8.2. GROWING
CHRONIC DISEASES
2.9. MARKET
CHALLENGES
2.9.1. DECLINING
SOURCES FOR HELIUM GAS
2.9.2. UPWARD
TREND IN COSTS OF MRI SYSTEMS
2.9.3. STRINGENT
REGULATIONS
2.10. MARKET
OPPORTUNITIES
2.10.1. MRI USE
FOR BREAST CANCER EVALUATION
2.10.2. GROWING
ACCIDENTS AND INJURIES
2.10.3. GROWTH
IN MINIMALLY INVASIVE PROCEDURES WITH MRI
3. GLOBAL
MAGNETIC RESONANCE IMAGING (MRI) MARKET OUTLOOK - BY ARCHITECTURE
3.1. CLOSED
MRI SYSTEMS
3.2. OPEN
MRI SYSTEMS
4. GLOBAL
MAGNETIC RESONANCE IMAGING (MRI) MARKET OUTLOOK - BY FIELD TYPE
4.1. HIGH
FIELD
4.1.1. 3T MRI
4.1.2. 7T MRI
4.2. MID
FIELD
4.3. LOW
FIELD
5. GLOBAL
MAGNETIC RESONANCE IMAGING (MRI) MARKET OUTLOOK - BY APPLICATION
5.1. NEUROLOGY
5.2. MUSCULOSKELETAL
5.3. ONCOLOGY
5.4. CARDIOLOGY
5.5. GASTROENTEROLOGY
5.6. OTHER APPLICATIONS
6. GLOBAL
MAGNETIC RESONANCE IMAGING (MRI) MARKET – REGIONAL OUTLOOK
6.1. NORTH
AMERICA
6.1.1. MARKET
BY ARCHITECTURE
6.1.2. MARKET
BY FIELD TYPE
6.1.2.1. MARKET
BY HIGH FIELD
6.1.3. MARKET
BY APPLICATION
6.1.4. COUNTRY
ANALYSIS
6.1.4.1. UNITED
STATES
6.1.4.2. CANADA
6.2. EUROPE
6.2.1. MARKET
BY ARCHITECTURE
6.2.2. MARKET
BY FIELD TYPE
6.2.2.1. MARKET
BY HIGH FIELD
6.2.3. MARKET
BY APPLICATION
6.2.4. COUNTRY
ANALYSIS
6.2.4.1. UNITED
KINGDOM
6.2.4.2. GERMANY
6.2.4.3. FRANCE
6.2.4.4. SPAIN
6.2.4.5. ITALY
6.2.4.6. RUSSIA
6.2.4.7. REST
OF EUROPE
6.3. ASIA-PACIFIC
6.3.1. MARKET
BY ARCHITECTURE
6.3.2. MARKET
BY FIELD TYPE
6.3.2.1. MARKET
BY HIGH FIELD
6.3.3. MARKET
BY APPLICATION
6.3.4. COUNTRY
ANALYSIS
6.3.4.1. CHINA
6.3.4.2. JAPAN
6.3.4.3. INDIA
6.3.4.4. SOUTH
KOREA
6.3.4.5. ASEAN
COUNTRIES
6.3.4.6. AUSTRALIA
& NEW ZEALAND
6.3.4.7. REST
OF ASIA-PACIFIC
6.4. LATIN
AMERICA
6.4.1. MARKET
BY ARCHITECTURE
6.4.2. MARKET
BY FIELD TYPE
6.4.2.1. MARKET
BY HIGH FIELD
6.4.3. MARKET
BY APPLICATION
6.4.4. COUNTRY
ANALYSIS
6.4.4.1. BRAZIL
6.4.4.2. MEXICO
6.4.4.3. REST
OF LATIN AMERICA
6.5. MIDDLE
EAST AND AFRICA
6.5.1. MARKET
BY ARCHITECTURE
6.5.2. MARKET
BY FIELD TYPE
6.5.2.1. MARKET
BY HIGH FIELD
6.5.3. MARKET
BY APPLICATION
6.5.4. COUNTRY
ANALYSIS
6.5.4.1. UNITED
ARAB EMIRATES
6.5.4.2. SAUDI
ARABIA
6.5.4.3. TURKEY
6.5.4.4. SOUTH
AFRICA
6.5.4.5. REST
OF MIDDLE EAST & AFRICA
7. COMPETITIVE
LANDSCAPE
7.1. ANALOGIC
CORPORATION
7.2. AURORA
IMAGING TECHNOLOGY INC
7.3. CANON
MEDICAL CORP
7.4. CARESTREAM
HEALTH INC
7.5. ESAOTE
SPA
7.6. FONAR
CORPORATION
7.7. FUJIFILM
HOLDINGS CORPORATION
7.8. GE
HEALTHCARE
7.9. HOLOGIC
INC
7.10. KONICA
MINOLTA
7.11. MEDTRONIC
PLC
7.12. MINDRAY
MEDICAL INTERNATIONAL LIMITED
7.13. PHILIPS
HEALTHCARE
7.14. SIEMENS
HEALTHINEERS
7.15. SHIMADZU
CORP
8. RESEARCH
METHODOLOGY & SCOPE
8.1. RESEARCH
SCOPE & DELIVERABLES
8.2. SOURCES
OF DATA
8.3. RESEARCH
METHODOLOGY
TABLE 1: GLOBAL MAGNETIC
RESONANCE IMAGING (MRI) MARKET, BY GEOGRAPHY, 2021-2028 (IN $ MILLION)
TABLE 2: VENDOR SCORECARD
TABLE 3: GLOBAL MAGNETIC
RESONANCE IMAGING (MRI) MARKET, BY ARCHITECTURE, 2021-2028 (IN $ MILLION)
TABLE 4: GLOBAL MAGNETIC
RESONANCE IMAGING (MRI) MARKET, BY FIELD TYPE, 2021-2028 (IN $ MILLION)
TABLE 5: GLOBAL MAGNETIC
RESONANCE IMAGING (MRI) MARKET, BY HIGH FIELD, 2021-2028 (IN $ MILLION)
TABLE 6: GLOBAL MAGNETIC
RESONANCE IMAGING (MRI) MARKET, BY APPLICATION, 2021-2028 (IN $ MILLION)
TABLE 7: GLOBAL MAGNETIC
RESONANCE IMAGING (MRI) MARKET, BY GEOGRAPHY, 2021-2028 (IN $ MILLION)
TABLE 8: NORTH AMERICA
MAGNETIC RESONANCE IMAGING (MRI) MARKET, BY COUNTRY, 2021-2028 (IN $ MILLION)
TABLE 9: NORTH AMERICA
MAGNETIC RESONANCE IMAGING (MRI) MARKET, BY ARCHITECTURE, 2021-2028 (IN $
MILLION)
TABLE 10: NORTH AMERICA
MAGNETIC RESONANCE IMAGING (MRI) MARKET, BY FIELD TYPE, 2021-2028 (IN $
MILLION)
TABLE 11: NORTH AMERICA
MAGNETIC RESONANCE IMAGING (MRI) MARKET, BY HIGH FIELD, 2021-2028 (IN $
MILLION)
TABLE 12: NORTH AMERICA
MAGNETIC RESONANCE IMAGING (MRI) MARKET, BY APPLICATION, 2021-2028 (IN $ MILLION)
TABLE 13: EUROPE MAGNETIC
RESONANCE IMAGING (MRI) MARKET, BY COUNTRY, 2021-2028 (IN $ MILLION)
TABLE 14: EUROPE MAGNETIC
RESONANCE IMAGING (MRI) MARKET, BY ARCHITECTURE, 2021-2028 (IN $ MILLION)
TABLE 15: EUROPE MAGNETIC
RESONANCE IMAGING (MRI) MARKET, BY FIELD TYPE, 2021-2028 (IN $ MILLION)
TABLE 16: EUROPE MAGNETIC
RESONANCE IMAGING (MRI) MARKET, BY HIGH FIELD, 2021-2028 (IN $ MILLION)
TABLE 17: EUROPE MAGNETIC
RESONANCE IMAGING (MRI) MARKET, BY APPLICATION, 2021-2028 (IN $ MILLION)
TABLE 18: ASIA-PACIFIC
MAGNETIC RESONANCE IMAGING (MRI) MARKET, BY COUNTRY, 2021-2028 (IN $ MILLION)
TABLE 19: ASIA-PACIFIC
MAGNETIC RESONANCE IMAGING (MRI) MARKET, BY ARCHITECTURE, 2021-2028 (IN $
MILLION)
TABLE 20: ASIA-PACIFIC
MAGNETIC RESONANCE IMAGING (MRI) MARKET, BY FIELD TYPE, 2021-2028 (IN $
MILLION)
TABLE 21: ASIA-PACIFIC
MAGNETIC RESONANCE IMAGING (MRI) MARKET, BY HIGH FIELD, 2021-2028 (IN $
MILLION)
TABLE 22: ASIA-PACIFIC
MAGNETIC RESONANCE IMAGING (MRI) MARKET, BY APPLICATION, 2021-2028 (IN $
MILLION)
TABLE 23: LATIN AMERICA
MAGNETIC RESONANCE IMAGING (MRI) MARKET, BY COUNTRY, 2021-2028 (IN $ MILLION)
TABLE 24: LATIN AMERICA
MAGNETIC RESONANCE IMAGING (MRI) MARKET, BY ARCHITECTURE, 2021-2028 (IN $
MILLION)
TABLE 25: LATIN AMERICA
MAGNETIC RESONANCE IMAGING (MRI) MARKET, BY FIELD TYPE, 2021-2028 (IN $
MILLION)
TABLE 26: LATIN AMERICA
MAGNETIC RESONANCE IMAGING (MRI) MARKET, BY HIGH FIELD, 2021-2028 (IN $
MILLION)
TABLE 27: LATIN AMERICA
MAGNETIC RESONANCE IMAGING (MRI) MARKET, BY APPLICATION, 2021-2028 (IN $
MILLION)
TABLE 28: MIDDLE EAST AND
AFRICA MAGNETIC RESONANCE IMAGING (MRI) MARKET, BY COUNTRY, 2021-2028 (IN $
MILLION)
TABLE 29: MIDDLE EAST AND
AFRICA MAGNETIC RESONANCE IMAGING (MRI) MARKET, BY ARCHITECTURE, 2021-2028 (IN
$ MILLION)
TABLE 30: MIDDLE EAST AND
AFRICA MAGNETIC RESONANCE IMAGING (MRI) MARKET, BY FIELD TYPE, 2021-2028 (IN $
MILLION)
TABLE 31: MIDDLE EAST AND
AFRICA MAGNETIC RESONANCE IMAGING (MRI) MARKET, BY HIGH FIELD, 2021-2028 (IN $
MILLION)
TABLE 32: MIDDLE EAST AND
AFRICA MAGNETIC RESONANCE IMAGING (MRI) MARKET, BY APPLICATION, 2021-2028 (IN $
MILLION)
FIGURE 1: MARKET
ATTRACTIVENESS INDEX
FIGURE 2: KEY IMPACT ANALYSIS
FIGURE 3: TOP 10 COUNTRIES
WITH MOST ROAD TRAFFIC ACCIDENTS IN 2018 (DEATH RATE PER 10,000)
FIGURE 4: GLOBAL MAGNETIC
RESONANCE IMAGING (MRI) MARKET, BY ARCHITECTURE, 2020 & 2028 (IN %)
FIGURE 5: GLOBAL MAGNETIC
RESONANCE IMAGING (MRI) MARKET, BY CLOSED MRI SYSTEMS, 2021-2028 (IN $ MILLION)
FIGURE 6: GLOBAL MAGNETIC
RESONANCE IMAGING (MRI) MARKET, BY OPEN MRI SYSTEMS, 2021-2028 (IN $ MILLION)
FIGURE 7: GLOBAL MAGNETIC
RESONANCE IMAGING (MRI) SYSTEMS, BY FIELD TYPE, 2020 & 2028 (IN %)
FIGURE 8: GLOBAL MAGNETIC
RESONANCE IMAGING (MRI) MARKET, BY HIGH FIELD, 2021-2028 (IN $ MILLION)
FIGURE 9: GLOBAL MAGNETIC
RESONANCE IMAGING (MRI) MARKET, BY HIGH FIELD, 2020 & 2028 (IN %)
FIGURE 10: GLOBAL MAGNETIC
RESONANCE IMAGING (MRI) MARKET, BY 3T MRI, 2021-2028 (IN $ MILLION)
FIGURE 11: GLOBAL MAGNETIC
RESONANCE IMAGING (MRI) MARKET, BY 7T MRI, 2021-2028 (IN $ MILLION)
FIGURE 12: GLOBAL MAGNETIC
RESONANCE IMAGING (MRI) MARKET, BY MID FIELD, 2021-2028 (IN $ MILLION)
FIGURE 13: GLOBAL MAGNETIC
RESONANCE IMAGING (MRI) MARKET, BY LOW FIELD, 2021-2028 (IN $ MILLION)
FIGURE 14: GLOBAL MAGNETIC
RESONANCE IMAGING (MRI) MARKET, BY APPLICATION, 2020 & 2028 (IN %)
FIGURE 15: GLOBAL MAGNETIC
RESONANCE IMAGING (MRI) MARKET, BY NEUROLOGY, 2021-2028 (IN $ MILLION)
FIGURE 16: GLOBAL MAGNETIC
RESONANCE IMAGING (MRI) MARKET, BY MUSCULOSKELETAL, 2021-2028 (IN $ MILLION)
FIGURE 17: GLOBAL MAGNETIC
RESONANCE IMAGING (MRI) MARKET, BY ONCOLOGY, 2021-2028 (IN $ MILLION)
FIGURE 18: GLOBAL MAGNETIC
RESONANCE IMAGING (MRI) MARKET, BY CARDIOLOGY, 2021-2028 (IN $ MILLION)
FIGURE 19: GLOBAL MAGNETIC
RESONANCE IMAGING (MRI) MARKET, BY GASTROENTEROLOGY, 2021-2028 (IN $ MILLION)
FIGURE 20: GLOBAL MAGNETIC
RESONANCE IMAGING (MRI) MARKET, BY OTHER APPLICATIONS, 2021-2028 (IN $ MILLION)
FIGURE 21: GLOBAL MAGNETIC
RESONANCE IMAGING (MRI) MARKET, REGIONAL OUTLOOK, 2020 & 2028 (IN %)
FIGURE 22: UNITED STATES
MAGNETIC RESONANCE IMAGING (MRI) MARKET 2021-2028 (IN $ MILLION)
FIGURE 23: CANADA MAGNETIC
RESONANCE IMAGING (MRI) MARKET 2021-2028 (IN $ MILLION)
FIGURE 24: UNITED KINGDOM
MAGNETIC RESONANCE IMAGING (MRI) MARKET 2021-2028 (IN $ MILLION)
FIGURE 25: GERMANY MAGNETIC
RESONANCE IMAGING (MRI) MARKET 2021-2028 (IN $ MILLION)
FIGURE 26: FRANCE MAGNETIC
RESONANCE IMAGING (MRI) MARKET 2021-2028 (IN $ MILLION)
FIGURE 27: SPAIN MAGNETIC
RESONANCE IMAGING (MRI) MARKET 2021-2028 (IN $ MILLION)
FIGURE 28: ITALY MAGNETIC
RESONANCE IMAGING (MRI) MARKET 2021-2028 (IN $ MILLION)
FIGURE 29: RUSSIA MAGNETIC
RESONANCE IMAGING (MRI) MARKET 2021-2028 (IN $ MILLION)
FIGURE 30: REST OF EUROPE
MAGNETIC RESONANCE IMAGING (MRI) MARKET 2021-2028 (IN $ MILLION)
FIGURE 31: CHINA MAGNETIC
RESONANCE IMAGING (MRI) MARKET 2021-2028 (IN $ MILLION)
FIGURE 32: JAPAN MAGNETIC
RESONANCE IMAGING (MRI) MARKET 2021-2028 (IN $ MILLION)
FIGURE 33: INDIA MAGNETIC
RESONANCE IMAGING (MRI) MARKET 2021-2028 (IN $ MILLION)
FIGURE 34: SOUTH KOREA
MAGNETIC RESONANCE IMAGING (MRI) MARKET 2021-2028 (IN $ MILLION)
FIGURE 35: ASEAN COUNTRIES
MAGNETIC RESONANCE IMAGING (MRI) MARKET 2021-2028 (IN $ MILLION)
FIGURE 36: AUSTRALIA & NEW
ZEALAND MAGNETIC RESONANCE IMAGING (MRI) MARKET 2021-2028 (IN $ MILLION)
FIGURE 37: REST OF
ASIA-PACIFIC MAGNETIC RESONANCE IMAGING (MRI) MARKET 2021-2028 (IN $ MILLION)
FIGURE 38: BRAZIL MAGNETIC
RESONANCE IMAGING (MRI) MARKET 2021-2028 (IN $ MILLION)
FIGURE 39: MEXICO MAGNETIC
RESONANCE IMAGING (MRI) MARKET 2021-2028 (IN $ MILLION)
FIGURE 40: REST OF LATIN
AMERICA MAGNETIC RESONANCE IMAGING (MRI) MARKET 2021-2028 (IN $ MILLION)
FIGURE 41: UNITED ARAB
EMIRATES MAGNETIC RESONANCE IMAGING (MRI) MARKET 2021-2028 (IN $ MILLION)
FIGURE 42: SAUDI ARABIA
MAGNETIC RESONANCE IMAGING (MRI) MARKET 2021-2028 (IN $ MILLION)
FIGURE 43: TURKEY MAGNETIC
RESONANCE IMAGING (MRI) MARKET 2021-2028 (IN $ MILLION)
FIGURE 44: SOUTH AFRICA
MAGNETIC RESONANCE IMAGING (MRI) MARKET 2021-2028 (IN $ MILLION)
FIGURE 45: REST OF MIDDLE EAST
& AFRICA MAGNETIC RESONANCE IMAGING (MRI) MARKET 2021-2028 (IN $ MILLION)