GVR Report cover Magnetic Resonance Imaging Market Size, Share & Trends Report

Magnetic Resonance Imaging Market Size, Share & Trends Analysis Report By Field Strength (Mid, High), By Architecture (Open System, Closed System), By End-use (Hospitals, ASCs), By Application, And Segment Forecasts, 2024 - 2030

  • Report ID: GVR-1-68038-370-6
  • Number of Report Pages: 210
  • Format: PDF, Horizon Databook
  • Historical Range: 2018 - 2021
  • Forecast Period: 2023 - 2030 
  • Industry: Healthcare

Market Size & Trends

The global magnetic resonance imaging market size was estimated at USD 6.64 billion in 2023 and is anticipated to grow at a compound annual growth rate (CAGR) of 6.5% over the forecast period. Magnetic resonance imaging (MRI) is a highly effective diagnostic tool for identifying conditions associated with spinal lesions, tumors, as well as strokes affecting blood vessels and the brain. The increasing prevalence of these diseases is expected to play an important role in the market growth. For instance, according to the National Center for Health Statistics, in 2023, almost 1,958,310 new cancer cases and 609,820 cancer deaths are estimated to occur in the U.S. In addition, the growing demand for quick and effective diagnostic procedures is expected to contribute to the adoption of MRI machines. Various countries are installing these machines.

U.S. Magnetic Resonance Imaging Market size and growth rate, 2024 - 2030

As per OECD, in 2021, the number of MRI units installed in the U.S. was 38 per million population. Constant technological advancements, such as the integration of artificial intelligence (AI) in MRI, are further expected to contribute to the overall market growth. For instance, in August 2023, FUJIFILM Healthcare Americas Corporation received U.S. FDA clearance for its 1.5 Tesla MRI system, the ECHELON Synergy. The system utilizes Synergy DLR, a technology developed by Fujifilm that leverages artificial intelligence (AI) for Deep Learning Reconstruction (DLR). This technology enhances image sharpness and accelerates scanning, resulting in improved throughput, image quality, and patient satisfaction. Most of the recent advancements in MRI technology have primarily focused on software improvements.

Furthermore, the introduction of MRI systems that are compatible with cardiac pacemakers is anticipated to drive market expansion within the cardiology segment. MRI manufacturers have continued to innovate with newer technology and AI-based solutions. This helped radiologists to effectively and efficiently understand COVID-19-related diseases and residual symptoms. Magnetic resonance imaging is expected to play a crucial role, as clinicians monitor patient recovery and look for the underlying reasons for long-term COVID-19 symptoms. Despite the growing need for MRI machines in the diagnosis of COVID-19, the reduction in diagnostic screening (a decline of 47.5% was observed in 2020 compared to 2019) hampered the market growth in 2020.

Moreover, economic setbacks led to the reduced sales of newer machines by end-users, and a halt in logistics & national lockdowns also reduced the production capacity of market leaders. However, the market recovered in the Q2 of 2022. Various recent advancements, such as diffusion and diffusion tensor imaging with tractography, neuroimaging including MR spectroscopy, perfusion imaging, and functional imaging using the bold technique are expected to boost the market growth during the forecast period. Also, the growing development of intraoperative MRI and its usage in various applications, such as neurosurgery, is expected to propel the market growth during the forecast period. Moreover, diffusion-weighted MR imaging is mainly used to detect stroke within 30 minutes of its occurrence.

Therefore, advancements in MRI machines to enhance their usage for various applications are expected to drive market growth during the forecast period. Various recent innovations, such as diffusion and diffusion tensor imaging with tractography, perfusion imaging, neuroimaging techniques including MR spectroscopy, and functional imaging employing the BOLD technique, are anticipated to significantly bolster magnetic resonance imaging market growth in the coming years. Furthermore, the increasing development of intraoperative MRI and its diverse applications in fields like neurosurgery are expected to drive market growth during the forecast period. In addition, diffusion-weighted MR imaging is primarily utilized for the rapid detection of strokes within 30 minutes of onset.

Therefore, ongoing advancements in MRI technology geared towards enhancing its utility across various applications are poised to be a driving force for market growth in the foreseeable future. Despite of various advantages associated with the MRI system, the costs incurred in buying and installing these machines are significant, which, in turn, is impacting the market growth, especially in the developing regions. The average cost of a low- to mid-strength machine is more than USD 1 million. In addition, the increasing requirement of depleting deposits of helium gas for cooling of MRI machines is resulting in increasing wait time and is reducing productivity. Delayed product approval and frequent product recalls, mainly due to stringent regulatory framework, are also majorly impacting the market growth.

Market Concentration & Characteristics

Market growth stage is medium, and pace of the market growth is accelerating. The magnetic resonance imaging market is characterized by a medium to high degree of growth owing to increasing technological advancements, rising preference for early disease diagnosis, continuous R&D efforts from the major market players to launch effective products, increasing regulatory approvals from the regulatory authorities and favourable reimbursement policies. With the rise in chronic diseases such as cancer, cardiovascular diseases, neurological disorders, and musculoskeletal disorders, demand for technologically advanced MRI equipment such as high-resolution imaging and faster scanning times is driving.

Magnetic Resonance Imaging (MRI) Market Concentration & Characteristics

Key strategies implemented by players in magnetic resonance imaging market are new product launches, expansion, acquisitions, partnerships, and other strategies. In November 2023, Koninklijke Philips N.V., introduced the BlueSeal MR Mobile at #RSNA23 (Radiological Society of North America). It is the world's first mobile 1.5 T fully sealed MRI system with helium-free operations. The BlueSeal MR Mobile is more agile and lightweight so that it can be located conveniently for patients.

The degree of innovation in the MRI market is high owing to technological advancements. These innovations have improved the quality of healthcare and made MRI machines more accessible to a wider range of patients. As a result, the MRI market is experiencing significant growth, with an increasing number of hospitals, clinics, and diagnostic centers investing in these machines to provide better patient care.

The level of merger & acquisition in the MRI market is moderate. Key players undergo mergers and acquisitions to expand product portfolios and increase their market share. It leads to increased competition among the other market players that drives innovation and improves product and service quality. For instance, the global digital pathology business, including its Dynamyx digital pathology system of Inspirata, was acquired by Fujifilm in February 2023.

Theimpact of regulatory policies is high on the magnetic resonance imaging market due to safety concerns surrounding the use of magnetic fields and radio waves. Changes in regulatory policies, such as the requirement for increased safety measures or the introduction of new regulations, can impact the development, manufacturing, and distribution of MRI machines. Additionally, changes in regulatory policies can also impact the adoption of new MRI technologies, such as the use of contrast agents or the development of new imaging techniques.

The external substitutes for magnetic resonance imaging include computed tomography (CT) scans, X-rays, ultrasound, and positron emission tomography (PET) scans. While these imaging techniques have their own strengths and applications, they are often used in place of MRI, depending on the specific diagnostic needs of the patient.

Regional Expansion: The geographical expansion of MRI systems is moderate to high owing to the higher adoption of MRI systems in developed economies such as the U.S. and Japan. However, due to limited healthcare access, lack of regulations, and poor healthcare infrastructure, the adoption of MRI systems is comparatively lower in underdeveloped or developing economies. As per the OECD report, Japan had the highest number of MRI units in 2020, accounting for 57.4 units per million population, followed by the U.S. with 38.0 units per million population. On the other hand, Mexico had the lowest number of MRI units with only 2.9 units per million population.

Architecture Insights

The closed MRI system segment held the largest share of more than 75.47% in 2023. Closed MRI systems employ strong magnetic fields and high-frequency radio waves to acquire highly detailed images. The enclosed design enables precise selection of image slices and ensures error-free analysis. However, patients undergoing closed MRI scans may experience feelings of claustrophobia and discomfort, often exacerbated by the loud noise generated during the procedure. These issues can potentially lead to less accurate results. In response to these challenges, certain market players are dedicating efforts to develop wide-bore and open MRI systems that are better suited for claustrophobic patients. In addition, some manufacturers of pediatric MRI machines incorporate drawings and cartoons on the MRI machines to help soothe children undergoing scans, making the experience more comfortable for them.

Open MRI systems are expected to grow at the fastest CAGR of 7.7% during the forecast period, mainly due to their less enclosed design, which reduces patient anxiety and claustrophobia. This characteristic makes open MRI systems particularly effective for diagnosing neonates. However, closed MRI systems remain the preferred choice for radiologists. Numerous clinical trials are currently underway to assess the efficiency of open MRI systems in diagnosing diseases in neonates. In December 2021, FUJIFILM Healthcare introduced the Velocity MRI System, featuring an open gantry. This advanced and high-field open MRI system is designed to enhance operational efficiency and improve the overall patient experience. Consequently, the ongoing clinical trials and the launch of open MRI systems are expected to drive growth in this segment throughout the forecast period.

Field Strength Insights

MRI machines are categorized based on their field strength, with low-field strength MRI machines having a field strength lower than 1.5T, mid-field MRI machines ranging from 1.5T up to 3T, and high-field MRI machines with a field strength exceeding 3T. The mid-field strength segment held the largest share of 47.70% in 2023 and is projected to undergo substantial growth over the forecast period. Machines with mid-level field strength are favored for their ability to capture high-precision images and are often available at more affordable prices, making them a popular choice among healthcare providers. The high-field segment is expected to experience the fastest growth rate of 7.9% during the forecast period.

Numerous research studies are underway to assess the effectiveness of high-field strength MRI machines across various clinical applications. These advanced machines are being deployed in hospitals and research centers. For example, in May 2023, Researchers at the University of Florida installed a 7 Tesla MRI/MRS preclinical scanner, supported by a generous USD 2 million NIH High-End Instrumentation Award At present, 7T MRI machines find their primary use in brain and knee imaging due to the absence of advanced coils required for other clinical applications. The anticipated development of advanced coils to broaden the scope of applications for 7T MRI machines is expected to be a significant growth driver of this segment during the forecast period.

End-use Insights

The hospital segment held the largest share of 37.87% in 2023 due to the increasing installation of MRI units in hospitals. The growing utilization of rapid MRI (rMRI) in emergency care and trauma centers, as well as the rising number of MRI installations in teaching hospitals, are expected to be significant factors propelling the growth of this segment. The imaging centers segment is anticipated to exhibit the fastest growth rate of around 7.8% during the forecast period. The increasing demand for non-invasive diagnosis is driving the establishment of various independent centers that offer services, such as MRI.

To meet this rising demand, many medical professionals are starting their own facilities that provide affordable MRI services. This trend is contributing to the adoption of MRI in the realm of medical services, and as a result, is expected to drive growth in this segment during the forecast period. The ambulatory care centers segment is also expected to grow at a significant rate. This growth can be attributed to the increasing number of government initiatives aimed at enhancing and expanding the number of ambulatory care centers, particularly to extend healthcare services to rural areas.

Application Insights

MRI systems used for brain and neurological imaging dominated the market in 2023 and captured a share of around 22.96% of the revenue share. This can be attributed to the quality of scans and superior details as compared to the computerized tomography scans. Similarly, the breast imaging segment is expected to grow at a significant rate as the incidence of this cancer is gradually increasing, which has created the demand for identifying risk factors related to the disease. According to the Global Cancer Observatory, an estimated 2,261,419 new breast cancer cases were diagnosed in 2020 globally, with about 684,996 deaths occurring due to the disease. It is also said to be highly prevalent in females than any other cancer.

Global Magnetic Resonance Imaging Market share and size, 2023

Therefore, MRI techniques help provide quantitative information about cancer by identifying the biological and physical properties of tissue. MRI is gaining popularity as the preferred method for spinal and musculoskeletal imaging. It leverages the spin-echo technique to produce high-contrast images that reveal detailed distinctions between the spinal cord and the subarachnoid space. This technique has extensive applications in emergency and trauma care units, enabling comprehensive analysis of internal injuries in soft tissues and the spinal cord. According to data from the Association for Safe International Road Travel, about 20 to 50 million people suffer injuries or become disabled as a result of road accidents every year.

Regional Insights

North America dominated the global market by capturing a share of over 36.74% in 2023. The rising prevalence of chronic diseases in this region, including conditions, such as breast cancer, cardiovascular disorders, and neurological diseases, is driving the demand for advanced imaging analysis. This region is projected to continue its dominance throughout the forecast period. The combination of technological advancements along with the increasing incidence of chronic conditions is expected to stimulate the growth of MRI technology during the forecast period.

Magnetic Resonance Imaging Market Trends, by Region, 2024 - 2030

Asia Pacific is expected to exhibit the fastest growth rate of 7.4% during the forecast period due to the increasing geriatric population and growing demand for advanced imaging modalities. Moreover, the growing medical tourism industry in Asian countries is anticipated to augment the advanced medical imaging industry growth during the forecast period. Countries, such as India, China, and Japan, are creating growth opportunities with rapidly expanding healthcare service industry, presence of skilled healthcare staff, and advanced healthcare facilities and services at a lower cost than developed countries of North America and Europe.

India Magnetic Resonance Imaging (MRI) Market

India MRI market is expected to witness the significant CAGR of 8.0% during the forecast period. The market is driven by growing demand for advanced diagnostic technologies and rising prevalence of chronic disorders. Some of the major players in the Indian MRI market include Wipro GE Healthcare, Philips India, Siemens Healthcare Private Limited, and Toshiba India Pvt. Ltd. These companies are investing in R&D activities to develop innovative and cost-effective MRI machines to cater to the increasing demand for advanced diagnostic technologies. In addition, the Indian government is also takes initiatives to promote R&D activities in the healthcare sector. The Department of Biotechnology has set up institutions like BIRAC (Biotechnology Industry Research Assistance Council) to promote innovation and entrepreneurship in the biotechnology sector, including medical devices like MRI machines. For instance, In August 2023, Voxelgrids, an India-based company, launched an affordable MRI scanner that has the potential to revolutionize healthcare accessibility worldwide. The MRI scanner's cost is much lower than its conventional counterparts, making it accessible to billions of people who were previously unable to undergo the procedure due to financial constraints. The project was funded by BIRAC, an institution set up by the Department of Biotechnology in India.

Key Companies & Market Share Insights

Magnetic resonance imaging market is dominated by few major players such as GE Healthcare; Siemens Healthineers; Koninklijke Philips N.V.; Canon Medical Systems; Hitachi Healthcare; Hologic Inc.; Bruker Corp.; Esaote SPA; Fujifilm Holdings Corp.; Shimadzu Corp.; Aurora Imaging Technologies, Inc. GE HealthCare, Siemens Healthineers, Koninklijke Philips N.V., and Toshiba Medical Systems Corporation have captured around 40% of the MRI market share. Key players are constantly involved in adopting new strategies such as product launch, regulatory approval, partnership and collaboration, expansion, and others. For instance, GE Healthcare announced a 10-year collaboration with the University of Wisconsin School of Medicine and Public Health at UW-Madison on November 2023. The main objective of this collaboration is to expand research in digital technologies and solutions focused on diseases. By combining the expertise of UW-Madison's team of scientists, physicians, and researchers along with the GE Healthcare's modern medical technology, the collaboration aims to enhance the foundation of imaging and medical physics. The development of various modalities such as interventional radiology (IR), magnetic resonance (MR), ultrasound, computed tomography (CT), Theranostics, molecular imaging (MI) and patient care solutions, will help to achieve improved diagnosis and disease management in the future.

Key Magnetic Resonance Imaging (MRI) Companies:

  • GE Healthcare
  • Siemens Healthineers
  • Koninklijke Philips N.V.
  • Canon Medical Systems
  • Hitachi Healthcare
  • Hologic Inc.
  • Bruker Corporation
  • Esaote SPA
  • Fujifilm Holdings Corporation
  • Shimadzu Corporation
  • Aurora Imaging Technologies, Inc.

Recent Developments

  • In October 2023, Siemens Healthineers and Cardiff University have collaborated to develop new-age medical technologies, particularly in vitro diagnostics and imaging. This partnership builds upon a decade-long collaboration in clinical laboratory diagnostics and aims to drive advancements in imaging research and precision diagnostics. Cardiff University Brain Research Imaging Centre (CUBRIC) is at the core of this partnership, which brings together Siemens Healthineers' magnetic resonance (MR) technology and Cardiff's renowned proficiency in brain mapping & clinical innovation.

  • In September 2023, Polarean Imaging plc partnered with VIDA Diagnostics to enable the Polarean xenon 129 MRI platform further to accelerate clinical and research use.

  • In June 2023, Imagion Biosystems Limited has announced an extension of its collaboration agreement with Siemens Healthineers, with a focus on collaborating in the United States through Siemens Medical Solutions USA. As part of this extended collaboration, Imagion is planning to undertake a multi-site Phase 2 study for the MagSense HER2 imaging agent.

  • In April 2023, Siemens Healthineers established a new production line at its Bengaluru facility for the manufacturing of MRI machines. The company will be manufacturing MAGNETOM Free. Star.

  • In February 2023, United Imaging participated as a Platinum partner in the Arab Health 2023 event in Dubai, UAE. At the event, United Imaging and I-ONE Nuclear Medicine & Oncology Center signed an MOU to collaborate and carry out research activities for the first PET/MR uPMR 790 in the Gulf countries.

Magnetic Resonance Imaging (MRI) Market Report Scope

Report Attribute

Details

Market size value in 2024

USD 7.05 billion

Revenue forecast in 2030

USD 10.29 billion

Growth rate

CAGR of 6.5% from 2024 to 2030

Actual period

2018 - 2022

Forecast period

2024 - 2030

Quantitative units

Revenue in USD million/billion and CAGR from 2024 to 2030

Report coverage

Revenue forecast, company ranking, competitive landscape, growth factors, and trends

Segments covered

Architecture, field strength, application, end-use, and region

Regional scope

North America; Europe; Asia Pacific; Latin America; MEA

Country scope

U.S.; Canada; UK; Germany; Italy; France; Spain; Sweden; Denmark; Norway; China; India; Japan; Thailand; South Korea; Australia; Mexico; Brazil; Argentina; Saudi Arabia; South Africa; UAE; Kuwait

Key companies profiled

GE Healthcare; Siemens Healthineers; Koninklijke Philips N.V.; Canon Medical Systems; Hitachi Healthcare; Hologic Inc.; Bruker Corp.; Esaote SPA; Fujifilm Holdings Corp.; Shimadzu Corp.; Aurora Imaging Technologies, Inc.

Customization scope

Free report customization (equivalent up to 8 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope

Pricing and purchase options

Avail customized purchase options to meet your exact research needs. Explore purchase options

 

Global Magnetic Resonance Imaging (MRI) Market Report Segmentation

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the Magnetic Resonance Imaging (MRI) market report on the basis of architecture, field strength, application, end-use, and region:

  • Architecture Outlook (Revenue, USD Million, 2018 - 2030)

    • Open system

    • Closed system

  • Field Strength Outlook (Revenue, USD Million, 2018 - 2030)

    • Low Field Strength

    • Mid Field Strength

    • High Field Strength

  • Application Outlook (Revenue, USD Million, 2018 - 2030)

    • Obstructive Sleep Apnea (OSA)

    • Brain and neurological

    • Spine and musculoskeletal

    • Vascular

    • Abdominal

    • Cardiac

    • Breast

    • Other

  • End-use Outlook (Revenue, USD Million, 2018 - 2030)

    • Hospitals

    • Imaging Centers

    • Ambulatory Surgical Centers

    • Others

  • Regional Outlook (Revenue, USD Million, 2018 - 2030)

    • North America

      • U.S.

      • Canada

    • Europe

      • U.K.

      • Germany

      • Italy

      • France

      • Spain

      • Sweden

      • Denmark

      • Norway

    • Asia Pacific

      • India

      • China

      • Japan

      • Thailand

      • South Korea

      • Australia

    • Latin America

      • Brazil

      • Mexico

      • Argentina

    • Middle East & Africa

      • South Africa

      • Saudi Arabia

      • UAE

      • Kuwait

Frequently Asked Questions About This Report

Table of Contents

Chapter 1. Magnetic Resonance Imaging Market: Methodology and Scope
                    1.1. Market Segmentation and Scope
                    1.2. Research Methodology
                    1.3. Information Procurement
                    1.4. Information or Data Analysis
                    1.5. Market Formulation & Validation
                    1.6. Model Details
                    1.7. List of Data Sources
Chapter 2. Magnetic Resonance Imaging Market: Executive Summary
                    2.1. Market Outlook
                    2.2. Segment Outlook
                    2.3. Competitive Insights
Chapter 3. Magnetic Resonance Imaging Market: Variables, Trends, & Scope
                    3.1. Market Lineage Outlook
                        3.1.1. Parent Market Outlook
                        3.1.2. Ancillary Market Outlook
                    3.2. Market Dynamics
                        3.2.1. Market Driver Analysis
                            3.2.1.1. Rising patient population
                            3.2.1.2. Technological advancement
                            3.2.1.3. Increasing awareness regarding early diagnosis
                        3.2.2. Market Restraint Analysis
                            3.2.2.1. High cost of MRI system
                            3.2.2.2. Depleting helium deposits
                        3.2.3. Market Opportunity Analysis
                        3.2.4. Market Challenge Analysis
                    3.3. Magnetic Resonance Imaging Market Analysis Tools
                        3.3.1. Industry Analysis - Porter’s
                            3.3.1.1. Bargaining power of suppliers
                            3.3.1.2. Bargaining power of buyers
                            3.3.1.3. Threat of substitutes
                            3.3.1.4. Threat of new entrants
                            3.3.1.5. Competitive rivalry
                        3.3.2. PESTEL Analysis
                            3.3.2.1. Political & Legal landscape
                            3.3.2.2. Economic and Social landscape
                            3.3.2.3. Technological landscape
Chapter 4. Magnetic Resonance Imaging Market: Architecture Estimates & Trend Analysis
                    4.1. Segment Dashboard
                    4.2. Magnetic Resonance Imaging Market: Architecture Movement Analysis & Market Share, 2023 & 2030
                    4.3. Open System
                        4.3.1. Open System Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
                    4.4. Closed System
                        4.4.1. Closed System Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 5. Magnetic Resonance Imaging Market: Field Strength Estimates & Trend Analysis
                    5.1. Segment Dashboard
                    5.2. Magnetic Resonance Imaging Market: Field Strength Movement Analysis & Market Share, 2023 & 2030
                    5.3. Low Field
                        5.3.1. Low Field Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
                    5.4. Mid Field
                        5.4.1. Mid Field Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
                    5.5. High Field
                        5.5.1. High Field Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 6. Magnetic Resonance Imaging Market: Application Estimates & Trend Analysis
                    6.1. Segment Dashboard
                    6.2. Magnetic Resonance Imaging Market: Application Movement Analysis & Market Share, 2023 & 2030
                    6.3. Obstructive Sleep Apnea
                        6.3.1. Obstructive Sleep Apnea Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
                    6.4. Brain & Neurological
                        6.4.1. Brain and Neurological Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
                    6.5. Spine & Musculoskeletal
                        6.5.1. Spine and Musculoskeletal Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
                    6.6. Vascular
                        6.6.1. Vascular Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
                    6.7. Abdominal
                        6.7.1. Abdominal Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
                    6.8. Cardiac
                        6.8.1. Cardiac Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
                    6.9. Breast
                        6.9.1. Breast Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
                    6.10. Others
                        6.10.1. Others Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 7. Magnetic Resonance Imaging Market: End-use Estimates & Trend Analysis
                    7.1. Segment Dashboard
                    7.2. Magnetic Resonance Imaging Market: End-use Movement Analysis & Market Share, 2023 & 2030
                    7.3. Hospitals
                        7.3.1. Hospitals Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
                    7.4. Imaging Centers
                        7.4.1. Imaging Centers Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
                    7.5. Ambulatory Surgical Centers
                        7.5.1. Ambulatory Surgical Centers Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
                    7.6. Others
                        7.6.1. Others Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 8. Magnetic Resonance Imaging Market: Regional Estimates & Trend Analysis
                    8.1. Regional Outlook
                    8.2. Magnetic Resonance Imaging Market: Regional Movement Analysis & Market Share, 2023 & 2030
                    8.3. North America
                        8.3.1. North America Magnetic Resonance Imaging Market Estimates and Forecasts, 2018 - 2030 (USD Million)
                        8.3.2. U.S.
                            8.3.2.1. Key Country Dynamics
                            8.3.2.2. Competitive Scenario
                            8.3.2.3. Regulatory Framework
                            8.3.2.4. Reimbursement Scenario
                            8.3.2.5. U.S. Magnetic Resonance Imaging Market Estimates and Forecasts, 2018 - 2030 (USD Million)
                        8.3.3. Canada
                            8.3.3.1. Key Country Dynamics
                            8.3.3.2. Competitive Scenario
                            8.3.3.3. Regulatory Framework
                            8.3.3.4. Reimbursement Scenario
                            8.3.3.5. Canada Magnetic Resonance Imaging Market Estimates and Forecasts, 2018 - 2030 (USD Million)
                    8.4. Europe
                        8.4.1. Europe Magnetic Resonance Imaging Market Estimates and Forecasts, 2018 - 2030 (USD Million)
                        8.4.2. UK
                            8.4.2.1. Key Country Dynamics
                            8.4.2.2. Competitive Scenario
                            8.4.2.3. Regulatory Framework
                            8.4.2.4. Reimbursement Scenario
                            8.4.2.5. UK Magnetic Resonance Imaging Market Estimates and Forecasts, 2018 - 2030 (USD Million)
                        8.4.3. Germany
                            8.4.3.1. Key Country Dynamics
                            8.4.3.2. Competitive Scenario
                            8.4.3.3. Regulatory Framework
                            8.4.3.4. Reimbursement Scenario
                            8.4.3.5. Germany Magnetic Resonance Imaging Market Estimates and Forecasts, 2018 - 2030 (USD Million)
                        8.4.4. France
                            8.4.4.1. Key Country Dynamics
                            8.4.4.2. Competitive Scenario
                            8.4.4.3. Regulatory Framework
                            8.4.4.4. Reimbursement Scenario
                            8.4.4.5. France Magnetic Resonance Imaging Market Estimates and Forecasts, 2018 - 2030 (USD Million)
                        8.4.5. Italy
                            8.4.5.1. Key Country Dynamics
                            8.4.5.2. Competitive Scenario
                            8.4.5.3. Regulatory Framework
                            8.4.5.4. Reimbursement Scenario
                            8.4.5.5. Italy Magnetic Resonance Imaging Market Estimates and Forecasts, 2018 - 2030 (USD Million)
                        8.4.6. Spain
                            8.4.6.1. Key Country Dynamics
                            8.4.6.2. Competitive Scenario
                            8.4.6.3. Regulatory Framework
                            8.4.6.4. Reimbursement Scenario
                            8.4.6.5. Spain Magnetic Resonance Imaging Market Estimates and Forecasts, 2018 - 2030 (USD Million)
                        8.4.7. Denmark
                            8.4.7.1. Key Country Dynamics
                            8.4.7.2. Competitive Scenario
                            8.4.7.3. Regulatory Framework
                            8.4.7.4. Reimbursement Scenario
                            8.4.7.5. Denmark Magnetic Resonance Imaging Market Estimates and Forecasts, 2018 - 2030 (USD Million)
                        8.4.8. Sweden
                            8.4.8.1. Key Country Dynamics
                            8.4.8.2. Competitive Scenario
                            8.4.8.3. Regulatory Framework
                            8.4.8.4. Reimbursement Scenario
                            8.4.8.5. Sweden Magnetic Resonance Imaging Market Estimates and Forecasts, 2018 - 2030 (USD Million)
                        8.4.9. Norway
                            8.4.9.1. Key Country Dynamics
                            8.4.9.2. Competitive Scenario
                            8.4.9.3. Regulatory Framework
                            8.4.9.4. Reimbursement Scenario
                            8.4.9.5. Norway Magnetic Resonance Imaging Market Estimates and Forecasts, 2018 - 2030 (USD Million)
                    8.5. Asia Pacific
                        8.5.1. Asia Pacific Magnetic Resonance Imaging Market Estimates and Forecasts, 2018 - 2030 (USD Million)
                        8.5.2. Japan
                            8.5.2.1. Key Country Dynamics
                            8.5.2.2. Competitive Scenario
                            8.5.2.3. Regulatory Framework
                            8.5.2.4. Reimbursement Scenario
                            8.5.2.5. Japan Magnetic Resonance Imaging Market Estimates and Forecasts, 2018 - 2030 (USD Million)
                        8.5.3. China
                            8.5.3.1. Key Country Dynamics
                            8.5.3.2. Competitive Scenario
                            8.5.3.3. Regulatory Framework
                            8.5.3.4. Reimbursement Scenario
                            8.5.3.5. China Magnetic Resonance Imaging Market Estimates and Forecasts, 2018 - 2030 (USD Million)
                        8.5.4. India
                            8.5.4.1. Key Country Dynamics
                            8.5.4.2. Competitive Scenario
                            8.5.4.3. Regulatory Framework
                            8.5.4.4. Reimbursement Scenario
                            8.5.4.5. India Magnetic Resonance Imaging Market Estimates and Forecasts, 2018 - 2030 (USD Million)
                        8.5.5. South Korea
                            8.5.5.1. Key Country Dynamics
                            8.5.5.2. Competitive Scenario
                            8.5.5.3. Regulatory Framework
                            8.5.5.4. Reimbursement Scenario
                            8.5.5.5. South Korea Magnetic Resonance Imaging Market Estimates and Forecasts, 2018 - 2030 (USD Million)
                        8.5.6. Australia
                            8.5.6.1. Key Country Dynamics
                            8.5.6.2. Competitive Scenario
                            8.5.6.3. Regulatory Framework
                            8.5.6.4. Reimbursement Scenario
                            8.5.6.5. Australia Magnetic Resonance Imaging Market Estimates and Forecasts, 2018 - 2030 (USD Million)
                        8.5.7. Thailand
                            8.5.7.1. Key Country Dynamics
                            8.5.7.2. Competitive Scenario
                            8.5.7.3. Regulatory Framework
                            8.5.7.4. Reimbursement Scenario
                            8.5.7.5. Thailand Magnetic Resonance Imaging Market Estimates and Forecasts, 2018 - 2030 (USD Million)
                    8.6. Latin America
                        8.6.1. Latin America Magnetic Resonance Imaging Market Estimates and Forecasts, 2018 - 2030 (USD Million)
                        8.6.2. Brazil
                            8.6.2.1. Key Country Dynamics
                            8.6.2.2. Competitive Scenario
                            8.6.2.3. Regulatory Framework
                            8.6.2.4. Reimbursement Scenario
                            8.6.2.5. Brazil Magnetic Resonance Imaging Market Estimates and Forecasts, 2018 - 2030 (USD Million)
                        8.6.3. Mexico
                            8.6.3.1. Key Country Dynamics
                            8.6.3.2. Competitive Scenario
                            8.6.3.3. Regulatory Framework
                            8.6.3.4. Reimbursement Scenario
                            8.6.3.5. Mexico Magnetic Resonance Imaging Market Estimates and Forecasts, 2018 - 2030 (USD Million)
                        8.6.4. Argentina
                            8.6.4.1. Key Country Dynamics
                            8.6.4.2. Competitive Scenario
                            8.6.4.3. Regulatory Framework
                            8.6.4.4. Reimbursement Scenario
                            8.6.4.5. Argentina Magnetic Resonance Imaging Market Estimates and Forecasts, 2018 - 2030 (USD Million)
                    8.7. Middle East & Africa
                        8.7.1. Middle East & Africa Magnetic Resonance Imaging Market Estimates and Forecasts, 2018 - 2030 (USD Million)
                        8.7.2. South Africa
                            8.7.2.1. Key Country Dynamics
                            8.7.2.2. Competitive Scenario
                            8.7.2.3. Regulatory Framework
                            8.7.2.4. Reimbursement Scenario
                            8.7.2.5. South Africa Magnetic Resonance Imaging Market Estimates and Forecasts, 2018 - 2030 (USD Million)
                        8.7.3. Saudi Arabia
                            8.7.3.1. Key Country Dynamics
                            8.7.3.2. Competitive Scenario
                            8.7.3.3. Regulatory Framework
                            8.7.3.4. Reimbursement Scenario
                            8.7.3.5. Egypt Magnetic Resonance Imaging Market Estimates and Forecasts, 2018 - 2030 (USD Million)
                        8.7.4. UAE
                            8.7.4.1. Key Country Dynamics
                            8.7.4.2. Competitive Scenario
                            8.7.4.3. Regulatory Framework
                            8.7.4.4. Reimbursement Scenario
                            8.7.4.5. UAE Magnetic Resonance Imaging Market Estimates and Forecasts, 2018 - 2030 (USD Million)
                        8.7.5. Kuwait
                            8.7.5.1. Key Country Dynamics
                            8.7.5.2. Competitive Scenario
                            8.7.5.3. Regulatory Framework
                            8.7.5.4. Reimbursement Scenario
                            8.7.5.5. Kuwait Magnetic Resonance Imaging Market Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 9. Competitive Landscape
                    9.1. Recent Developments & Impact Analysis, By Key Market Participants
                    9.2. Company/Competition Categorization
                    9.3. Vendor Landscape
                        9.3.1. List of key distributors and channel partners
                        9.3.2. Key customers
                        9.3.3. Key company market share analysis, 2023
                    9.4. Key Company Profiles
                        9.4.1. Koninklijke Philips N.V.
                            9.4.1.1. Company overview
                            9.4.1.2. Financial performance
                            9.4.1.3. Product benchmarking
                            9.4.1.4. Strategic initiatives
                        9.4.2. GE Healthcare
                            9.4.2.1. Company overview
                            9.4.2.2. Financial performance
                            9.4.2.3. Product benchmarking
                            9.4.2.4. Strategic initiatives
                        9.4.3. Siemens Healthineers
                            9.4.3.1. Company overview
                            9.4.3.2. Financial performance
                            9.4.3.3. Product benchmarking
                            9.4.3.4. Strategic initiatives
                        9.4.4. Canon Medical Systems
                            9.4.4.1. Company overview
                            9.4.4.2. Financial performance
                            9.4.4.3. Product benchmarking
                            9.4.4.4. Strategic initiatives
                        9.4.5. Hitachi Healthcare
                            9.4.5.1. Company overview
                            9.4.5.2. Financial performance
                            9.4.5.3. Product benchmarking
                            9.4.5.4. Strategic initiatives
                        9.4.6. Hologic Inc.
                            9.4.6.1. Company overview
                            9.4.6.2. Financial performance
                            9.4.6.3. Product benchmarking
                            9.4.6.4. Strategic initiatives
                        9.4.7. Bruker Corporation
                            9.4.7.1. Company overview
                            9.4.7.2. Financial performance
                            9.4.7.3. Product benchmarking
                            9.4.7.4. Strategic initiatives
                        9.4.8. Esaote SPA
                            9.4.8.1. Company overview
                            9.4.8.2. Financial performance
                            9.4.8.3. Product benchmarking
                            9.4.8.4. Strategic initiatives
                        9.4.9. Fujifilm Holdings Corporation
                            9.4.9.1. Company overview
                            9.4.9.2. Financial performance
                            9.4.9.3. Product benchmarking
                            9.4.9.4. Strategic initiatives
                        9.4.10. Shimadzu Corporation
                            9.4.10.1. Company overview
                            9.4.10.2. Financial performance
                            9.4.10.3. Product benchmarking
                            9.4.10.4. Strategic initiatives
                        9.4.11. Aurora Imaging Technologies, Inc.
                            9.4.11.1. Company overview
                            9.4.11.2. Financial performance
                            9.4.11.3. Product benchmarking
                            9.4.11.4. Strategic initiatives
                    9.5. Participant Categorization
                    9.6. Heat Map Analysis/ Company Market Position Analysis
                    9.7. Strategy Mapping
                    9.8. List of Other Key Market Players


List of Tables

Table 1 List of Abbreviation
Table 2 North America magnetic resonance imaging (MRI) market, by region, 2018 - 2030 (USD Million)
Table 3 North America magnetic resonance imaging (MRI) market, by architecture, 2018 - 2030 (USD Million)
Table 4 North America magnetic resonance imaging (MRI) market, by field strength, 2018 - 2030 (USD Million)
Table 5 North America magnetic resonance imaging (MRI) market, by application, 2018 - 2030 (USD Million)
Table 6 North America magnetic resonance imaging (MRI) market, by end-use, 2018 - 2030 (USD Million)
Table 7 U.S. magnetic resonance imaging (MRI) market, by architecture, 2018 - 2030 (USD Million)
Table 8 U.S. magnetic resonance imaging (MRI) market, by field strength, 2018 - 2030 (USD Million)
Table 9 U.S. magnetic resonance imaging (MRI) market, by application, 2018 - 2030 (USD Million)
Table 10 U.S. magnetic resonance imaging (MRI) market, by end-use, 2018 - 2030 (USD Million)
Table 11 Canada magnetic resonance imaging (MRI) market, by architecture, 2018 - 2030 (USD Million)
Table 12 Canada magnetic resonance imaging (MRI) market, by field strength, 2018 - 2030 (USD Million)
Table 13 Canada magnetic resonance imaging (MRI) market, by application, 2018 - 2030 (USD Million)
Table 14 Canada magnetic resonance imaging (MRI) market, by end-use, 2018 - 2030 (USD Million)
Table 15 Europe magnetic resonance imaging (MRI) market, by region, 2018 - 2030 (USD Million)
Table 16 Europe magnetic resonance imaging (MRI) market, by architecture, 2018 - 2030 (USD Million)
Table 17 Europe magnetic resonance imaging (MRI) market, by field strength, 2018 - 2030 (USD Million)
Table 18 Europe magnetic resonance imaging (MRI) market, by application, 2018 - 2030 (USD Million)
Table 19 Europe magnetic resonance imaging (MRI) market, by end-use, 2018 - 2030 (USD Million)
Table 20 UK magnetic resonance imaging (MRI) market, by architecture, 2018 - 2030 (USD Million)
Table 21 UK magnetic resonance imaging (MRI) market, by field strength, 2018 - 2030 (USD Million)
Table 22 UK magnetic resonance imaging (MRI) market, by application, 2018 - 2030 (USD Million)
Table 23 UK magnetic resonance imaging (MRI) market, by end-use, 2018 - 2030 (USD Million)
Table 24 Germany magnetic resonance imaging (MRI) market, by architecture, 2018 - 2030 (USD Million)
Table 25 Germany magnetic resonance imaging (MRI) market, by field strength, 2018 - 2030 (USD Million)
Table 26 Germany magnetic resonance imaging (MRI) market, by application, 2018 - 2030 (USD Million)
Table 27 Germany magnetic resonance imaging (MRI) market, by end-use, 2018 - 2030 (USD Million)
Table 28 Spain magnetic resonance imaging (MRI) market, by architecture, 2018 - 2030 (USD Million)
Table 29 Spain magnetic resonance imaging (MRI) market, by field strength, 2018 - 2030 (USD Million)
Table 30 Spain magnetic resonance imaging (MRI) market, by application, 2018 - 2030 (USD Million)
Table 31 Spain magnetic resonance imaging (MRI) market, by end-use, 2018 - 2030 (USD Million)
Table 32 France magnetic resonance imaging (MRI) market, by architecture, 2018 - 2030 (USD Million)
Table 33 France magnetic resonance imaging (MRI) market, by field strength, 2018 - 2030 (USD Million)
Table 34 France magnetic resonance imaging (MRI) market, by application, 2018 - 2030 (USD Million)
Table 35 France magnetic resonance imaging (MRI) market, by end-use, 2018 - 2030 (USD Million)
Table 36 Italy magnetic resonance imaging (MRI) market, by architecture, 2018 - 2030 (USD Million)
Table 37 Italy magnetic resonance imaging (MRI) market, by field strength, 2018 - 2030 (USD Million)
Table 38 Italy magnetic resonance imaging (MRI) market, by application, 2018 - 2030 (USD Million)
Table 39 Italy magnetic resonance imaging (MRI) market, by end-use, 2018 - 2030 (USD Million)
Table 40 Sweden magnetic resonance imaging (MRI) market, by architecture, 2018 - 2030 (USD Million)
Table 41 Sweden magnetic resonance imaging (MRI) market, by field strength, 2018 - 2030 (USD Million)
Table 42 Sweden magnetic resonance imaging (MRI) market, by application, 2018 - 2030 (USD Million)
Table 43 Sweden magnetic resonance imaging (MRI) market, by end-use, 2018 - 2030 (USD Million)
Table 44 Denmark magnetic resonance imaging (MRI) market, by architecture, 2018 - 2030 (USD Million)
Table 45 Denmark magnetic resonance imaging (MRI) market, by field strength, 2018 - 2030 (USD Million)
Table 46 Denmark magnetic resonance imaging (MRI) market, by application, 2018 - 2030 (USD Million)
Table 47 Denmark magnetic resonance imaging (MRI) market, by end-use, 2018 - 2030 (USD Million)
Table 48 Norway magnetic resonance imaging (MRI) market, by architecture, 2018 - 2030 (USD Million)
Table 49 Norway magnetic resonance imaging (MRI) market, by field strength, 2018 - 2030 (USD Million)
Table 50 Norway magnetic resonance imaging (MRI) market, by application, 2018 - 2030 (USD Million)
Table 51 Norway magnetic resonance imaging (MRI) market, by end-use, 2018 - 2030 (USD Million)
Table 52 Asia Pacific magnetic resonance imaging (MRI) market, by region, 2018 - 2030 (USD Million)
Table 53 Asia Pacific magnetic resonance imaging (MRI) market, by architecture, 2018 - 2030 (USD Million)
Table 54 Asia Pacific magnetic resonance imaging (MRI) market, by field strength, 2018 - 2030 (USD Million)
Table 55 Asia Pacific magnetic resonance imaging (MRI) market, by application, 2018 - 2030 (USD Million)
Table 56 Asia Pacific magnetic resonance imaging (MRI) market, by end-use, 2018 - 2030 (USD Million)
Table 57 China magnetic resonance imaging (MRI) market, by architecture, 2018 - 2030 (USD Million)
Table 58 China magnetic resonance imaging (MRI) market, by field strength, 2018 - 2030 (USD Million)
Table 59 China magnetic resonance imaging (MRI) market, by application, 2018 - 2030 (USD Million)
Table 60 China magnetic resonance imaging (MRI) market, by end-use, 2018 - 2030 (USD Million)
Table 61 India magnetic resonance imaging (MRI) market, by architecture, 2018 - 2030 (USD Million)
Table 62 India magnetic resonance imaging (MRI) market, by field strength, 2018 - 2030 (USD Million)
Table 63 India magnetic resonance imaging (MRI) market, by application, 2018 - 2030 (USD Million)
Table 64 India magnetic resonance imaging (MRI) market, by end-use, 2018 - 2030 (USD Million)
Table 65 Japan magnetic resonance imaging (MRI) market, by architecture, 2018 - 2030 (USD Million)
Table 66 Japan magnetic resonance imaging (MRI) market, by field strength, 2018 - 2030 (USD Million)
Table 67 Japan magnetic resonance imaging (MRI) market, by application, 2018 - 2030 (USD Million)
Table 68 Japan magnetic resonance imaging (MRI) market, by end-use, 2018 - 2030 (USD Million)
Table 69 Thailand magnetic resonance imaging (MRI) market, by architecture, 2018 - 2030 (USD Million)
Table 70 Thailand magnetic resonance imaging (MRI) market, by field strength, 2018 - 2030 (USD Million)
Table 71 Thailand magnetic resonance imaging (MRI) market, by application, 2018 - 2030 (USD Million)
Table 72 Thailand magnetic resonance imaging (MRI) market, by end-use, 2018 - 2030 (USD Million)
Table 73 South Korea magnetic resonance imaging (MRI) market, by architecture, 2018 - 2030 (USD Million)
Table 74 South Korea magnetic resonance imaging (MRI) market, by field strength, 2018 - 2030 (USD Million)
Table 75 South Korea magnetic resonance imaging (MRI) market, by application, 2018 - 2030 (USD Million)
Table 76 South Korea magnetic resonance imaging (MRI) market, by end-use, 2018 - 2030 (USD Million)
Table 77 Australia magnetic resonance imaging (MRI) market, by architecture, 2018 - 2030 (USD Million)
Table 78 Australia magnetic resonance imaging (MRI) market, by field strength, 2018 - 2030 (USD Million)
Table 79 Australia magnetic resonance imaging (MRI) market, by application, 2018 - 2030 (USD Million)
Table 80 Australia magnetic resonance imaging (MRI) market, by end-use, 2018 - 2030 (USD Million)
Table 81 Latin America magnetic resonance imaging (MRI) market, by region, 2018 - 2030 (USD Million)
Table 82 Latin America magnetic resonance imaging (MRI) market, by architecture, 2018 - 2030 (USD Million)
Table 83 Latin America magnetic resonance imaging (MRI) market, by field strength, 2018 - 2030 (USD Million)
Table 84 Latin America magnetic resonance imaging (MRI) market, by application, 2018 - 2030 (USD Million)
Table 85 Latin America brain and neurological MRI market, by field strength, 2018 - 2030 (USD Million)
Table 86 Latin America spine & musculoskeletal MRI market, by field strength, 2018 - 2030 (USD Million)
Table 87 Latin America vascular MRI market, by field strength, 2018 - 2030 (USD Million)
Table 88 Latin America abdominal MRI market, by field strength, 2018 - 2030 (USD Million)
Table 89 Latin America cardiac MRI market, by field strength, 2018 - 2030 (USD Million)
Table 90 Latin America breast MRI market, by field strength, 2018 - 2030 (USD Million)
Table 91 Latin America others MRI market, by field strength, 2018 - 2030 (USD Million)
Table 92 Latin America magnetic resonance imaging (MRI) market, by end-use, 2018 - 2030 (USD Million)
Table 93 Brazil magnetic resonance imaging (MRI) market, by architecture, 2018 - 2030 (USD Million)
Table 94 Brazil magnetic resonance imaging (MRI) market, by field strength, 2018 - 2030 (USD Million)
Table 95 Brazil magnetic resonance imaging (MRI) market, by application, 2018 - 2030 (USD Million)
Table 96 Brazil magnetic resonance imaging (MRI) market, by end-use, 2018 - 2030 (USD Million)
Table 97 Mexico magnetic resonance imaging (MRI) market, by architecture, 2018 - 2030 (USD Million)
Table 98 Mexico magnetic resonance imaging (MRI) market, by field strength, 2018 - 2030 (USD Million)
Table 99 Mexico magnetic resonance imaging (MRI) market, by application, 2018 - 2030 (USD Million)
Table 100 Mexico magnetic resonance imaging (MRI) market, by end-use, 2018 - 2030 (USD Million)
Table 101 Argentina magnetic resonance imaging (MRI) market, by architecture, 2018 - 2030 (USD Million)
Table 102 Argentina magnetic resonance imaging (MRI) market, by field strength, 2018 - 2030 (USD Million)
Table 103 Argentina magnetic resonance imaging (MRI) market, by application, 2018 - 2030 (USD Million)
Table 104 Argentina magnetic resonance imaging (MRI) market, by end-use, 2018 - 2030 (USD Million)
Table 105 MEA magnetic resonance imaging (MRI) market, by region, 2018 - 2030 (USD Million)
Table 106 MEA magnetic resonance imaging (MRI) market, by architecture, 2018 - 2030 (USD Million)
Table 107 MEA magnetic resonance imaging (MRI) market, by field strength, 2018 - 2030 (USD Million)
Table 108 MEA magnetic resonance imaging (MRI) market, by application, 2018 - 2030 (USD Million)
Table 109 MEA magnetic resonance imaging (MRI) market, by end-use, 2018 - 2030 (USD Million)
Table 110 South Africa magnetic resonance imaging (MRI) market, by architecture, 2018 - 2030 (USD Million)
Table 111 South Africa magnetic resonance imaging (MRI) market, by field strength, 2018 - 2030 (USD Million)
Table 112 South Africa magnetic resonance imaging (MRI) market, by application, 2018 - 2030 (USD Million)
Table 113 South Africa magnetic resonance imaging (MRI) market, by end-use, 2018 - 2030 (USD Million)
Table 114 Saudi Arabia magnetic resonance imaging (MRI) market, by architecture, 2018 - 2030 (USD Million)
Table 115 Saudi Arabia magnetic resonance imaging (MRI) market, by field strength, 2018 - 2030 (USD Million)
Table 116 Saudi Arabia magnetic resonance imaging (MRI) market, by application, 2018 - 2030 (USD Million)
Table 117 Saudi Arabia magnetic resonance imaging (MRI) market, by end-use, 2018 - 2030 (USD Million)
Table 118 Kuwait magnetic resonance imaging (MRI) market, by architecture, 2018 - 2030 (USD Million)
Table 119 Kuwait magnetic resonance imaging (MRI) market, by field strength, 2018 - 2030 (USD Million)
Table 120 Kuwait magnetic resonance imaging (MRI) market, by application, 2018 - 2030 (USD Million)
Table 121 Kuwait magnetic resonance imaging (MRI) market, by end-use, 2018 - 2030 (USD Million)
Table 122 UAE magnetic resonance imaging (MRI) market, by architecture, 2018 - 2030 (USD Million)
Table 123 UAE magnetic resonance imaging (MRI) market, by field strength, 2018 - 2030 (USD Million)
Table 124 UAE magnetic resonance imaging (MRI) market, by application, 2018 - 2030 (USD Million)
Table 125 UAE magnetic resonance imaging (MRI) market, by end-use, 2018 - 2030 (USD Million)


List of Figures

Fig. 1 Market research process
Fig. 2 Data triangulation techniques
Fig. 3 Primary research pattern
Fig. 4 Primary interviews in North America
Fig. 5 Primary interviews in Europe
Fig. 6 Primary interviews in APAC
Fig. 7 Primary interviews in Latin America
Fig. 8 Primary interviews in MEA
Fig. 9 Market research approaches
Fig. 10 Value-chain-based sizing & forecasting
Fig. 11 QFD modeling for market share assessment
Fig. 12 Market formulation & validation
Fig. 13 Magnetic resonance imaging (MRI) market: market outlook
Fig. 14 Magnetic resonance imaging (MRI) market competitive insights
Fig. 15 Parent market outlook
Fig. 16 Related/ancillary market outlook
Fig. 17 Penetration and growth prospect mapping
Fig. 18 Industry value chain analysis
Fig. 19 Magnetic resonance imaging (MRI) market driver impact
Fig. 20 Magnetic resonance imaging (MRI) market restraint impact
Fig. 21 Magnetic resonance imaging (MRI) market strategic initiatives analysis
Fig. 22 Magnetic resonance imaging (MRI) market: architecture movement analysis
Fig. 23 Magnetic resonance imaging (MRI) market: architecture outlook and key takeaways
Fig. 24 Closed system market estimates and forecast, 2018 - 2030
Fig. 25 Open system market estimates and forecast, 2018 - 2030
Fig. 26 Magnetic resonance imaging (MRI) market: field strength movement analysis
Fig. 27 Magnetic resonance imaging (MRI) market: field strength outlook and key takeaways
Fig. 28 Low field strength market estimates and forecast, 2018 - 2030
Fig. 29 Mid field strength market estimates and forecast, 2018 - 2030
Fig. 30 High field strength market estimates and forecast, 2018 - 2030
Fig. 31 Magnetic resonance imaging (MRI) market: application movement analysis
Fig. 32 Magnetic resonance imaging (MRI) market: application outlook and key takeaways
Fig. 33 Obstructive sleep apnea market estimates and forecast, 2018 - 2030
Fig. 34 Brain & neurological market estimates and forecast, 2018 - 2030
Fig. 35 Spine & musculoskeletal market estimates and forecast, 2018 - 2030
Fig. 36 Vascular market estimates and forecast, 2018 - 2030
Fig. 37 Abdominal market estimates and forecast, 2018 - 2030
Fig. 38 Cardiac market estimates and forecast, 2018 - 2030
Fig. 39 Breast market estimates and forecast, 2018 - 2030
Fig. 40 Others market estimates and forecast, 2018 - 2030
Fig. 41 Magnetic resonance imaging (MRI) market: end-use movement analysis
Fig. 42 Magnetic resonance imaging (MRI) market: end-use outlook and key takeaways
Fig. 43 Hospitals market estimates and forecast, 2018 - 2030
Fig. 44 Imaging centers estimates and forecast, 2018 - 2030
Fig. 45 Ambulatory surgical centers estimate and forecast, 2018 - 2030
Fig. 46 Others estimates and forecast, 2018 - 2030
Fig. 47 Global magnetic resonance imaging (MRI) market: regional movement analysis
Fig. 48 Global magnetic resonance imaging (MRI) market: regional outlook and key takeaways
Fig. 49 Global market share and leading players
Fig. 50 North America market share and leading players
Fig. 51 Europe market share and leading players
Fig. 52 Asia Pacific market share and leading players
Fig. 53 Latin America market share and leading players
Fig. 54 Middle East & Africa market share and leading players
Fig. 55 North America: SWOT
Fig. 56 Europe SWOT
Fig. 57 Asia Pacific SWOT
Fig. 58 Latin America SWOT
Fig. 59 MEA SWOT
Fig. 60 North America, by country
Fig. 61 North America
Fig. 62 North America market estimates and forecast, 2018 - 2030
Fig. 63 U.S.
Fig. 64 U.S. market estimates and forecast, 2018 - 2030
Fig. 65 Canada
Fig. 66 Canada market estimates and forecast, 2018 - 2030
Fig. 67 Europe
Fig. 68 Europe. market estimates and forecast, 2018 - 2030
Fig. 69 UK
Fig. 70 UK market estimates and forecast, 2018 - 2030
Fig. 71 Germany
Fig. 72 Germany market estimates and forecast, 2018 - 2030
Fig. 73 France
Fig. 74 France market estimates and forecast, 2018 - 2030
Fig. 75 Italy
Fig. 76 Italy market estimates and forecast, 2018 - 2030
Fig. 77 Spain
Fig. 78 Spain market estimates and forecast, 2018 - 2030
Fig. 79 Denmark
Fig. 80 Denmark market estimates and forecast, 2018 - 2030
Fig. 81 Norway
Fig. 82 Norway market estimates and forecast, 2018 - 2030
Fig. 83 Asia Pacific
Fig. 84 Asia Pacific market estimates and forecast, 2018 - 2030
Fig. 85 China
Fig. 86 China market estimates and forecast, 2018 - 2030
Fig. 87 Japan
Fig. 88 Japan market estimates and forecast, 2018 - 2030
Fig. 89 India
Fig. 90 India market estimates and forecast, 2018 - 2030
Fig. 91 Thailand
Fig. 92 Thailand. market estimates and forecast, 2018 - 2030
Fig. 93 South Korea
Fig. 94 South Korea market estimates and forecast, 2018 - 2030
Fig. 95 Australia
Fig. 96 Australia market estimates and forecast, 2018 - 2030
Fig. 97 Latin America
Fig. 98 Latin America market estimates and forecast, 2018 - 2030
Fig. 99 Brazil
Fig. 100 Brazil market estimates and forecast, 2018 - 2030
Fig. 101 Mexico
Fig. 102 Mexico market estimates and forecast, 2018 - 2030
Fig. 103 Argentina
Fig. 104 Argentina market estimates and forecast, 2018 - 2030
Fig. 105 Middle East and Africa
Fig. 106 Middle East and Africa. market estimates and forecast, 2018 - 2030
Fig. 107 South Africa
Fig. 108 South Africa market estimates and forecast, 2018 - 2030
Fig. 109 Saudi Arabia
Fig. 110 Saudi Arabia market estimates and forecast, 2018 - 2030
Fig. 111 UAE
Fig. 112 UAE market estimates and forecast, 2018 - 2030
Fig. 113 Kuwait
Fig. 114 Kuwait market estimates and forecast, 2018 - 2030
Fig. 115 Participant categorization- magnetic resonance imaging (MRI) market
Fig. 116 Market share of key market players- magnetic resonance imaging (MRI) market

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Market Segmentation

  • MRI Architecture Outlook (Revenue, USD Million, 2018 - 2030)
    • Closed System
    • Open System
  • MRI Field Strength Outlook (Revenue, USD Million, 2018 - 2030)
    • Low Field Strength
    • Mid Field Strength
    • High Field Strength
  • MRI Application Outlook (Revenue, USD Million, 2018 - 2030)
    • Obstructive Sleep Apnea (OSA)
    • Brain & Neurological
    • Spine & Musculoskeletal
    • Vascular
    • Abdominal
    • Cardiac
    • Breast
    • Other
  • MRI End-use Outlook (Revenue, USD Million, 2018 - 2030)
    • Hospitals
    • Imaging Centers
    • Ambulatory Surgical Centers (ASCs)
    • Others
  • MRI Regional Outlook (Revenue, USD Million, 2018 - 2030)
    • North America
      • North America MRI Market, Architecture Outlook (Revenue, USD Million, 2018 - 2030)
        • Closed System
        • Open System
      • North America MRI Market, Field Strength Outlook (Revenue, USD Million, 2018 - 2030)
        • Low Field Strength
        • Mid Field Strength
        • High Field Strength
      • North America MRI Market, Application Outlook (Revenue, USD Million, 2018 - 2030)
        • Obstructive sleep apnea
        • Brain and neurological
        • Spine and musculoskeletal
        • Vascular
        • Abdomen
        • Cardiac
        • Breast
        • Other
      • North America MRI Market, End-use Outlook (Revenue, USD Million; 2018 - 2030)
        • Hospitals
        • Imaging Centers
        • Ambulatory Surgical Centers
        • Others
      • U.S.
        • U.S. MRI Market, Architecture Outlook (Revenue, USD Million, 2018 - 2030)
          • Closed System
          • Open System
        • U.S. MRI Market, Field Strength Outlook (Revenue, USD Million, 2018 - 2030)
          • Low Field Strength
          • Mid Field Strength
          • High Field Strength
        • U.S. MRI Market, Application Outlook (Revenue, USD Million, 2018 - 2030)
          • Obstructive sleep apnea
          • Brain and neurological
          • Spine and musculoskeletal
          • Vascular
          • Abdomen
          • Cardiac
          • Breast
          • Other
        • U.S. MRI Market, End-use Outlook (Revenue, USD Million; 2018 - 2030)
          • Hospitals
          • Imaging Centers
          • Ambulatory Surgical Centers
          • Others
      • Canada
        • Canada MRI Market, Architecture Outlook (Revenue, USD Million, 2018 - 2030)
          • Closed System
          • Open System
        • Canada MRI Market, Field Strength Outlook (Revenue, USD Million, 2018 - 2030)
          • Low Field Strength
          • Mid Field Strength
          • High Field Strength
        • Canada MRI Market, Application Outlook (Revenue, USD Million, 2018 - 2030)
          • Obstructive sleep apnea
          • Brain and neurological
          • Spine and musculoskeletal
          • Vascular
          • Abdomen
          • Cardiac
          • Breast
          • Other
        • Canada MRI Market, End-use Outlook (Revenue, USD Million; 2018 - 2030)
          • Hospitals
          • Imaging Centers
          • Ambulatory Surgical Centers
          • Others
    • Europe
      • Europe MRI Market, Architecture Outlook (Revenue, USD Million, 2018 - 2030)
        • Closed System
        • Open System
      • Europe MRI Market, Field Strength Outlook (Revenue, USD Million, 2018 - 2030)
        • Low Field Strength
        • Mid Field Strength
        • High Field Strength
      • Europe MRI Market, Application Outlook (Revenue, USD Million, 2018 - 2030)
        • Obstructive sleep apnea
        • Brain and neurological
        • Spine and musculoskeletal
        • Vascular
        • Abdomen
        • Cardiac
        • Breast
        • Other
      • Europe MRI Market, End-use Outlook (Revenue, USD Million; 2018 - 2030)
        • Hospitals
        • Imaging Centers
        • Ambulatory Surgical Centers
        • Others
      • UK
        • UK MRI Market, Architecture Outlook (Revenue, USD Million, 2018 - 2030)
          • Closed System
          • Open System
        • UK MRI Market, Field Strength Outlook (Revenue, USD Million, 2018 - 2030)
          • Low Field Strength
          • Mid Field Strength
          • High Field Strength
        • UK MRI Market, Application Outlook (Revenue, USD Million, 2018 - 2030)
          • Obstructive sleep apnea
          • Brain and neurological
          • Spine and musculoskeletal
          • Vascular
          • Abdomen
          • Cardiac
          • Breast
          • Other
        • UK MRI Market, End-use Outlook (Revenue, USD Million; 2018 - 2030)
          • Hospitals
          • Imaging Centers
          • Ambulatory Surgical Centers
          • Others
      • Germany
        • Germany MRI Market, Architecture Outlook (Revenue, USD Million, 2018 - 2030)
          • Closed System
          • Open System
        • Germany MRI Market, Field Strength Outlook (Revenue, USD Million, 2018 - 2030)
          • Low Field Strength
          • Mid Field Strength
          • High Field Strength
        • Germany MRI Market, Application Outlook (Revenue, USD Million, 2018 - 2030)
          • Obstructive sleep apnea
          • Brain and neurological
          • Spine and musculoskeletal
          • Vascular
          • Abdomen
          • Cardiac
          • Breast
          • Other
        • Germany MRI Market, End-use Outlook (Revenue, USD Million; 2018 - 2030)
          • Hospitals
          • Imaging Centers
          • Ambulatory Surgical Centers
          • Others
      • Italy
        • Italy MRI Market, Architecture Outlook (Revenue, USD Million, 2018 - 2030)
          • Closed System
          • Open System
        • Italy MRI Market, Field Strength Outlook (Revenue, USD Million, 2018 - 2030)
          • Low Field Strength
          • Mid Field Strength
          • High Field Strength
        • Italy MRI Market, Application Outlook (Revenue, USD Million, 2018 - 2030)
          • Obstructive sleep apnea
          • Brain and neurological
          • Spine and musculoskeletal
          • Vascular
          • Abdomen
          • Cardiac
          • Breast
          • Other
        • Italy MRI Market, End-use Outlook (Revenue, USD Million; 2018 - 2030)
          • Hospitals
          • Imaging Centers
          • Ambulatory Surgical Centers
          • Others
      • France
        • France MRI Market, Architecture Outlook (Revenue, USD Million, 2018 - 2030)
          • Closed System
          • Open System
        • France MRI Market, Field Strength Outlook (Revenue, USD Million, 2018 - 2030)
          • Low Field Strength
          • Mid Field Strength
          • High Field Strength
        • France MRI Market, Application Outlook (Revenue, USD Million, 2018 - 2030)
          • Obstructive sleep apnea
          • Brain and neurological
          • Spine and musculoskeletal
          • Vascular
          • Abdomen
          • Cardiac
          • Breast
          • Other
        • France MRI Market, End-use Outlook (Revenue, USD Million; 2018 - 2030)
          • Hospitals
          • Imaging Centers
          • Ambulatory Surgical Centers
          • Others
      • Spain
        • Spain MRI Market, Architecture Outlook (Revenue, USD Million, 2018 - 2030)
          • Closed System
          • Open System
        • Spain MRI Market, Field Strength Outlook (Revenue, USD Million, 2018 - 2030)
          • Low Field Strength
          • Mid Field Strength
          • High Field Strength
        • Spain MRI Market, Application Outlook (Revenue, USD Million, 2018 - 2030)
          • Obstructive sleep apnea
          • Brain and neurological
          • Spine and musculoskeletal
          • Vascular
          • Abdomen
          • Cardiac
          • Breast
          • Other
        • Spain MRI Market, End-use Outlook (Revenue, USD Million; 2018 - 2030)
          • Hospitals
          • Imaging Centers
          • Ambulatory Surgical Centers
          • Others
      • Sweden
        • Sweden MRI Market, Architecture Outlook (Revenue, USD Million, 2018 - 2030)
          • Closed System
          • Open System
        • Sweden MRI Market, Field Strength Outlook (Revenue, USD Million, 2018 - 2030)
          • Low Field Strength
          • Mid Field Strength
          • High Field Strength
        • Sweden MRI Market, Application Outlook (Revenue, USD Million, 2018 - 2030)
          • Obstructive sleep apnea
          • Brain and neurological
          • Spine and musculoskeletal
          • Vascular
          • Abdomen
          • Cardiac
          • Breast
          • Other
        • Sweden MRI Market, End-use Outlook (Revenue, USD Million; 2018 - 2030)
          • Hospitals
          • Imaging Centers
          • Ambulatory Surgical Centers
          • Others
      • Denmark
        • Denmark MRI Market, Architecture Outlook (Revenue, USD Million, 2018 - 2030)
          • Closed System
          • Open System
        • Denmark MRI Market, Field Strength Outlook (Revenue, USD Million, 2018 - 2030)
          • Low Field Strength
          • Mid Field Strength
          • High Field Strength
        • Denmark MRI Market, Application Outlook (Revenue, USD Million, 2018 - 2030)
          • Obstructive sleep apnea
          • Brain and neurological
          • Spine and musculoskeletal
          • Vascular
          • Abdomen
          • Cardiac
          • Breast
          • Other
        • Denmark MRI Market, End-use Outlook (Revenue, USD Million; 2018 - 2030)
          • Hospitals
          • Imaging Centers
          • Ambulatory Surgical Centers
          • Others
      • Norway
        • Norway MRI Market, Architecture Outlook (Revenue, USD Million, 2018 - 2030)
          • Closed System
          • Open System
        • Norway MRI Market, Field Strength Outlook (Revenue, USD Million, 2018 - 2030)
          • Low Field Strength
          • Mid Field Strength
          • High Field Strength
        • Norway MRI Market, Application Outlook (Revenue, USD Million, 2018 - 2030)
          • Obstructive sleep apnea
          • Brain and neurological
          • Spine and musculoskeletal
          • Vascular
          • Abdomen
          • Cardiac
          • Breast
          • Other
        • Norway MRI Market, End-use Outlook (Revenue, USD Million; 2018 - 2030)
          • Hospitals
          • Imaging Centers
          • Ambulatory Surgical Centers
          • Others
    • Asia Pacific
      • Asia Pacific MRI Market, Architecture Outlook (Revenue, USD Million, 2018 - 2030)
        • Closed System
        • Open System
      • Asia Pacific MRI Market, Field Strength Outlook (Revenue, USD Million, 2018 - 2030)
        • Low Field Strength
        • Mid Field Strength
        • High Field Strength
      • Asia Pacific MRI Market, Application Outlook (Revenue, USD Million, 2018 - 2030)
        • Obstructive sleep apnea
        • Brain and neurological
        • Spine and musculoskeletal
        • Vascular
        • Abdomen
        • Cardiac
        • Breast
        • Other
      • Asia Pacific MRI Market, End-use Outlook (Revenue, USD Million; 2018 - 2030)
        • Hospitals
        • Imaging Centers
        • Ambulatory Surgical Centers
        • Others
      • India
        • India MRI Market, Architecture Outlook ((Revenue, USD Million, 2018 - 2030)
          • Closed System
          • Open System
        • India MRI Market, Field Strength Outlook ((Revenue, USD Million, 2018 - 2030)
          • Low Field Strength
          • Mid Field Strength
          • High Field Strength
        • India MRI Market, Application Outlook (Revenue, USD Million, 2018 - 2030)
          • Obstructive sleep apnea
          • Brain and neurological
          • Spine and musculoskeletal
          • Vascular
          • Abdomen
          • Cardiac
          • Breast
          • Other
        • India MRI Market, End-use Outlook (Revenue, USD Million; 2018 - 2030)
          • Hospitals
          • Imaging Centers
          • Ambulatory Surgical Centers
          • Others
      • China
        • China MRI Market, Architecture Outlook (Revenue, USD Million, 2018 - 2030)
          • Closed System
          • Open System
        • China MRI Market, Field Strength Outlook (Revenue, USD Million, 2018 - 2030)
          • Low Field Strength
          • Mid Field Strength
          • High Field Strength
        • China MRI Market, Application Outlook (Revenue, USD Million, 2018 - 2030)
          • Obstructive sleep apnea
          • Brain and neurological
          • Spine and musculoskeletal
          • Vascular
          • Abdomen
          • Cardiac
          • Breast
          • Other
        • China MRI Market, End-use Outlook (Revenue, USD Million; 2018 - 2030)
          • Hospitals
          • Imaging Centers
          • Ambulatory Surgical Centers
          • Others
      • Japan
        • Japan MRI Market, Architecture Outlook (Revenue, USD Million, 2018 - 2030)
          • Closed System
          • Open System
        • Japan MRI Market, Field Strength Outlook (Revenue, USD Million, 2018 - 2030)
          • Low Field Strength
          • Mid Field Strength
          • High Field Strength
        • Japan MRI Market, Application Outlook (Revenue, USD Million, 2018 - 2030)
          • Obstructive sleep apnea
          • Brain and neurological
          • Spine and musculoskeletal
          • Vascular
          • Abdomen
          • Cardiac
          • Breast
          • Other
        • Japan MRI Market, End-use Outlook (Revenue, USD Million; 2018 - 2030)
          • Hospitals
          • Imaging Centers
          • Ambulatory Surgical Centers
          • Others
      • Thailand
        • Thailand MRI Market, Architecture Outlook (Revenue, USD Million, 2018 - 2030)
          • Closed System
          • Open System
        • Thailand MRI Market, Field Strength Outlook (Revenue, USD Million, 2018 - 2030)
          • Low Field Strength
          • Mid Field Strength
          • High Field Strength
        • Thailand MRI Market, Application Outlook (Revenue, USD Million, 2018 - 2030)
          • Obstructive sleep apnea
          • Brain and neurological
          • Spine and musculoskeletal
          • Vascular
          • Abdomen
          • Cardiac
          • Breast
          • Other
        • Thailand MRI Market, End-use Outlook (Revenue, USD Million; 2018 - 2030)
          • Hospitals
          • Imaging Centers
          • Ambulatory Surgical Centers
          • Others
      • South Korea
        • South Korea MRI Market, Architecture Outlook (Revenue, USD Million, 2018 - 2030)
          • Closed System
          • Open System
        • South Korea MRI Market, Field Strength Outlook (Revenue, USD Million, 2018 - 2030)
          • Low Field Strength
          • Mid Field Strength
          • High Field Strength
        • South Korea MRI Market, Application Outlook (Revenue, USD Million, 2018 - 2030)
          • Obstructive sleep apnea
          • Brain and neurological
          • Spine and musculoskeletal
          • Vascular
          • Abdomen
          • Cardiac
          • Breast
          • Other
        • South Korea MRI Market, End-use Outlook (Revenue, USD Million; 2018 - 2030)
          • Hospitals
          • Imaging Centers
          • Ambulatory Surgical Centers
          • Others
      • Australia
        • Australia MRI Market, Architecture Outlook (Revenue, USD Million, 2018 - 2030)
          • Closed System
          • Open System
        • Australia MRI Market, Field Strength Outlook (Revenue, USD Million, 2018 - 2030)
          • Low Field Strength
          • Mid Field Strength
          • High Field Strength
        • Australia MRI Market, Application Outlook (Revenue, USD Million, 2018 - 2030)
          • Obstructive sleep apnea
          • Brain and neurological
          • Spine and musculoskeletal
          • Vascular
          • Abdomen
          • Cardiac
          • Breast
          • Other
        • Australia MRI Market, End-use Outlook (Revenue, USD Million; 2018 - 2030)
          • Hospitals
          • Imaging Centers
          • Ambulatory Surgical Centers
          • Others
    • Latin America
      • Latin America MRI Market, Architecture Outlook (Revenue, USD Million, 2018 - 2030)
        • Closed System
        • Open System
      • Latin America MRI Market, Field Strength Outlook (Revenue, USD Million, 2018 - 2030)
        • Low Field Strength
        • Mid Field Strength
        • High Field Strength
      • Latin America MRI Market, Application Outlook (Revenue, USD Million, 2018 - 2030)
        • Obstructive sleep apnea
        • Brain and neurological
        • Spine and musculoskeletal
        • Vascular
        • Abdomen
        • Cardiac
        • Breast
        • Other
      • Latin America MRI Market, End-use Outlook (Revenue, USD Million; 2018 - 2030)
        • Hospitals
        • Imaging Centers
        • Ambulatory Surgical Centers
        • Others
      • Brazil
        • Brazil MRI Market, Architecture Outlook (Revenue, USD Million, 2018 - 2030)
          • Closed System
          • Open System
        • Brazil MRI Market, Field Strength Outlook (Revenue, USD Million, 2018 - 2030)
          • Low Field Strength
          • Mid Field Strength
          • High Field Strength
        • Brazil MRI Market, Application Outlook (Revenue, USD Million, 2018 - 2030)
          • Obstructive sleep apnea
          • Brain and neurological
          • Spine and musculoskeletal
          • Vascular
          • Abdomen
          • Cardiac
          • Breast
          • Other
        • Brazil MRI Market, End-use Outlook (Revenue, USD Million; 2018 - 2030)
          • Hospitals
          • Imaging Centers
          • Ambulatory Surgical Centers
          • Others
      • Mexico
        • Mexico MRI Market, Architecture Outlook (Revenue, USD Million, 2018 - 2030)
          • Closed System
          • Open System
        • Mexico MRI Market, Field Strength Outlook (Revenue, USD Million, 2018 - 2030)
          • Low Field Strength
          • Mid Field Strength
          • High Field Strength
        • Mexico MRI Market, Application Outlook (Revenue, USD Million, 2018 - 2030)
          • Obstructive sleep apnea
          • Brain and neurological
          • Spine and musculoskeletal
          • Vascular
          • Abdomen
          • Cardiac
          • Breast
          • Other
        • Mexico MRI Market, End-use Outlook (Revenue, USD Million; 2018 - 2030)
          • Hospitals
          • Imaging Centers
          • Ambulatory Surgical Centers
          • Others
      • Argentina
        • Argentina MRI Market, Architecture Outlook (Revenue, USD Million, 2018 - 2030)
          • Closed System
          • Open System
        • Argentina MRI Market, Field Strength Outlook (Revenue, USD Million, 2018 - 2030)
          • Low Field Strength
          • Mid Field Strength
          • High Field Strength
        • Argentina MRI Market, Application Outlook (Revenue, USD Million, 2018 - 2030)
          • Obstructive sleep apnea
          • Brain and neurological
          • Spine and musculoskeletal
          • Vascular
          • Abdomen
          • Cardiac
          • Breast
          • Other
        • Argentina MRI Market, End-use Outlook (Revenue, USD Million; 2018 - 2030)
          • Hospitals
          • Imaging Centers
          • Ambulatory Surgical Centers
          • Others
    • Middle East & Africa
      • Middle East & Africa MRI Market, Architecture Outlook (Revenue, USD Million, 2018 - 2030)
        • Closed System
        • Open System
      • Middle East & Africa MRI Market, Field Strength Outlook (Revenue, USD Million, 2018 - 2030)
        • Low Field Strength
        • Mid Field Strength
        • High Field Strength
      • Middle East & Africa MRI Market, Application Outlook (Revenue, USD Million, 2018 - 2030)
        • Obstructive sleep apnea
        • Brain and neurological
        • Spine and musculoskeletal
        • Vascular
        • Abdomen
        • Cardiac
        • Breast
        • Other
      • Middle East & Africa MRI Market, End-use Outlook (Revenue, USD Million; 2018 - 2030)
        • Hospitals
        • Imaging Centers
        • Ambulatory Surgical Centers
        • Others
      • South Africa
        • South Africa MRI Market, Architecture Outlook (Revenue, USD Million, 2018 - 2030)
          • Closed System
          • Open System
        • South Africa MRI Market, Field Strength Outlook (Revenue, USD Million, 2018 - 2030)
          • Low Field Strength
          • Mid Field Strength
          • High Field Strength
        • South Africa MRI Market, Application Outlook (Revenue, USD Million, 2018 - 2030)
          • Obstructive sleep apnea
          • Brain and neurological
          • Spine and musculoskeletal
          • Vascular
          • Abdomen
          • Cardiac
          • Breast
          • Other
        • South Africa MRI Market, End-use Outlook (Revenue, USD Million; 2018 - 2030)
          • Hospitals
          • Imaging Centers
          • Ambulatory Surgical Centers
          • Others
      • Saudi Arabia
        • Saudi Arabia MRI Market, Architecture Outlook (Revenue, USD Million, 2018 - 2030)
          • Closed System
          • Open System
        • Saudi Arabia MRI Market, Field Strength Outlook (Revenue, USD Million, 2018 - 2030)
          • Low Field Strength
          • Mid Field Strength
          • High Field Strength
        • Saudi Arabia MRI Market, Application Outlook (Revenue, USD Million, 2018 - 2030)
          • Obstructive sleep apnea
          • Brain and neurological
          • Spine and musculoskeletal
          • Vascular
          • Abdomen
          • Cardiac
          • Breast
          • Other
        • Saudi Arabia MRI Market, End-use Outlook (Revenue, USD Million; 2018 - 2030)
          • Hospitals
          • Imaging Centers
          • Ambulatory Surgical Centers
          • Others
      • UAE
        • UAE MRI Market, Architecture Outlook (Revenue, USD Million, 2018 - 2030)
          • Closed System
          • Open System
        • UAE MRI Market, Field Strength Outlook (Revenue, USD Million, 2018 - 2030)
          • Low Field Strength
          • Mid Field Strength
          • High Field Strength
        • UAE MRI Market, Application Outlook (Revenue, USD Million, 2018 - 2030)
          • Obstructive sleep apnea
          • Brain and neurological
          • Spine and musculoskeletal
          • Vascular
          • Abdomen
          • Cardiac
          • Breast
          • Other
        • UAE MRI Market, End-use Outlook (Revenue, USD Million; 2018 - 2030)
          • Hospitals
          • Imaging Centers
          • Ambulatory Surgical Centers
          • Others
      • Kuwait
        • Kuwait MRI Market, Architecture Outlook (Revenue, USD Million, 2018 - 2030)
          • Closed System
          • Open System
        • Kuwait MRI Market, Field Strength Outlook (Revenue, USD Million, 2018 - 2030)
          • Low Field Strength
          • Mid Field Strength
          • High Field Strength
        • Kuwait MRI Market, Application Outlook (Revenue, USD Million, 2018 - 2030)
          • Obstructive sleep apnea
          • Brain and neurological
          • Spine and musculoskeletal
          • Vascular
          • Abdomen
          • Cardiac
          • Breast
          • Other
        • Kuwait MRI Market, End-use Outlook (Revenue, USD Million; 2018 - 2030)
          • Hospitals
          • Imaging Centers
          • Ambulatory Surgical Centers
          • Other

Magnetic Resonance Imaging Market Dynamics

Driver: Rising prevalence of chronic disorders

The incidence and prevalence of chronic diseases such as cancer, neurodegenerative diseases, and cardiac diseases, is increasing globally. For instance, according to the International Agency for Research on Cancer, in 2020, more than 19.2 million new cancer cases were recorded globally. Similarly, as per the American Heart Association, the mortality related to cardiovascular diseases is very high, with around 17.3 million deaths registered per year. This death rate is projected to reach 23.6 million by 2030. These diseases require imaging tools, such as MRI, for diagnosis and monitoring of progression as well as treatment effects. There has been a significant increase in participation in sports in the last decade. Thus, incidence of sports injuries is rapidly increasing. For instance, as per The Johns Hopkins Medicine, around 30.0 million children & teens participate in sports and around 3.5 million sports injuries occur every year. Similarly, as per The Association for Safe International Road Travel (ASIRT), around 20 to 50 million people are injured or disabled due to road accidents. Thus, surge in number of sports and trauma injuries is boosting demand for MRI.

Driver: Technological advancements

The development of new software enables faster scanning and simplifies imaging workflows. Recent advancements in magnetic resonance imaging have enabled the development of multicontrast and cardiac MRI, which are better imaging tools. Software updates allow users to upgrade their systems with a more enhanced workflow. For instance, in November 2021, Philips announced the launch of an AI-enabled MR imaging portfolio, which is intended to improve the efficiency and sustainability of radiology operations by speeding up MR exams, streamlining workflows, improving diagnostic quality, and ensuring the efficiency and sustainability of radiology operations. In July 2020, Siemens and Bayer presented Imaging System Interface (ISI) for MRI at European Congress of Radiology (ECR) 2020. ISI is a joint software and hardware technology developed by both the companies and is an injector scanner interface for MRI Suite. This scanner will help in addressing the challenges faced during conventional contrast enhanced dynamic MRI workflow and will improve patient experience.

Restraint: High cost of MRI system

Innovation and R&D result in an increase in the cost of medical imaging systems. Low- and middle-income countries face challenges in adopting imaging systems due to the high price of products, low disposable income, and presence of limited resources & facilities. The high cost of medical imaging systems prevents patients from gaining access as it increases the healthcare expenditure. Thus, despite the availability of these devices, the high cost may prevent their installation, and hence may limit the sale of products. However, if funds are provided by the government and are generated through various CSR initiatives by creating awareness, the impact of this restraint may be minimized.

What Does This Report Include?

This section will provide insights into the contents included in this magnetic resonance imaging market report and help gain clarity on the structure of the report to assist readers in navigating smoothly.

Magnetic resonance imaging market qualitative analysis

  • Industry overview

  • Industry trends

  • Market drivers and restraints

  • Market size

  • Growth prospects

  • Porter’s analysis

  • PESTEL analysis

  • Key market opportunities prioritized

  • Competitive landscape

    • Company overview

    • Financial performance

    • Product benchmarking

    • Latest strategic developments

Magnetic resonance imaging market quantitative analysis

  • Market size, estimates, and forecast from 2018 to 2030

  • Market estimates and forecast for product segments up to 2030

  • Regional market size and forecast for product segments up to 2030

  • Market estimates and forecast for application segments up to 2030

  • Regional market size and forecast for application segments up to 2030

  • Company financial performance

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Research Methodology

A three-pronged approach was followed for deducing the magnetic resonance imaging market estimates and forecasts. The process has three steps: information procurement, analysis, and validation. The whole process is cyclical, and steps repeat until the estimates are validated. The three steps are explained in detail below:

Information procurement: Information procurement is one of the most extensive and important stages in our research process, and quality data is critical for accurate analysis. We followed a multi-channel data collection process for magnetic resonance imaging market to gather the most reliable and current information possible.

  • We buy access to paid databases such as Hoover’s and Factiva for company financials, industry information, white papers, industry journals, SME journals, and more.
  • We tap into Grand View’s proprietary database of data points and insights from active and archived monitoring and reporting.
  • We conduct primary research with industry experts through questionnaires and one-on-one phone interviews.
  • We pull from reliable secondary sources such as white papers and government statistics, published by organizations like WHO, NGOs, World Bank, etc., Key Opinion Leaders (KoL) publications, company filings, investor documents, and more.
  • We purchase and review investor analyst reports, broker reports, academic commentary, government quotes, and wealth management publications for insightful third-party perspectives.

Analysis: We mine the data collected to establish baselines for forecasting, identify trends and opportunities, gain insight into consumer demographics and drivers, and so much more. We utilized different methods of magnetic resonance imaging market data depending on the type of information we’re trying to uncover in our research.

  • Market Research Efforts: Bottom-up Approach for estimating and forecasting demand size and opportunity, top-down Approach for new product forecasting and penetration, and combined approach of both Bottom-up and Top-down for full coverage analysis.

  • Value-Chain-Based Sizing & Forecasting: Supply-side estimates for understanding potential revenue through competitive benchmarking, forecasting, and penetration modeling.

  • Demand-side estimates for identifying parent and ancillary markets, segment modeling, and heuristic forecasting.

  • Qualitative Functional Deployment (QFD) Modelling for market share assessment.

Market formulation and validation: We mine the data collected to establish baselines for forecasting, identify trends and opportunities, gain insight into consumer demographics and drivers, and so much more. We utilize different methods of data analysis depending on the type of information we’re trying to uncover in our research.

  • Market Formulation: This step involves the finalization of market numbers. This step on an internal level is designed to manage outputs from the Data Analysis step.

  • Data Normalization: The final market estimates and forecasts are then aligned and sent to industry experts, in-panel quality control managers for validation.

  • This step also entails the finalization of the report scope and data representation pattern.

  • Validation: The process entails multiple levels of validation. All these steps run in parallel, and the study is forwarded for publishing only if all three levels render validated results.

Magnetic Resonance Imaging Market Categorization:

The magnetic resonance imaging market was categorized into five segments, namely architecture (Open system, Closed system), field strength (Low Field Strength, Mid Field Strength, High Field Strength), application (Obstructive Sleep Apnea, Brain and neurological, Spine and musculoskeletal, Vascular, Abdominal, Cardiac, Breast), end-use (Hospitals, Imaging Centers, Ambulatory Surgical Centers), and region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa).

Segment Market Methodology:

The magnetic resonance imaging market was segmented into architecture, field strength, application, end-use, and regions. The demand at a segment level was deduced using a funnel method. Concepts like the TAM, SAM, SOM, etc., were put into practice to understand the demand. We at GVR deploy three methods to deduce market estimates and determine forecasts. These methods are explained below:

Market research approaches: Bottom-up

  • Demand estimation of each product across countries/regions summed up to from the total market.

  • Variable analysis for demand forecast.

  • Demand estimation via analyzing paid database, and company financials either via annual reports or paid database.

  • Primary interviews for data revalidation and insight collection.

Market research approaches: Top-down

  • Used extensively for new product forecasting or analyzing penetration levels.

  • Tool used invoice product flow and penetration models Use of regression multi-variant analysis for forecasting Involves extensive use of paid and public databases.

  • Primary interviews and vendor-based primary research for variable impact analysis.

Market research approaches: Combined

  • This is the most common method. We apply concepts from both the top-down and bottom-up approaches to arrive at a viable conclusion.

Regional Market Methodology:

The magnetic resonance imaging market was analyzed at a regional level. The global was divided into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, keeping in focus variables like consumption patterns, export-import regulations, consumer expectations, etc. These regions were further divided into twenty-three countries, namely, the U.S.; Canada; the UK; Germany; Italy; France; Spain; Sweden; Denmark; Norway; China; India; Japan; Thailand; South Korea; Australia; Mexico; Brazil; Argentina; Saudi Arabia; South Africa; UAE; Kuwait.

All three above-mentioned market research methodologies were applied to arrive at regional-level conclusions. The regions were then summed up to form the global market.

Magnetic resonance imaging market companies & financials:

The magnetic resonance imaging market was analyzed via companies operating in the sector. Analyzing these companies and cross-referencing them to the demand equation helped us validate our assumptions and conclusions. Key market players analyzed include:

  • GE Healthcare: GE Healthcare is a subsidiary of General Electric (GE). It is a manufacturer and marketer of diagnostic equipment and reagents, especially in the field of medical imaging. The company offers dyes that are used in MRI and CT machines. It develops products for information technology, medical diagnostics, patient monitoring systems, radiography, fluoroscopy, hemodynamic recording, ultrasound, mammography, ventilators, diagnostic ECG, and interventional image-guided systems. The company operates in more than 100 countries.

  • FUJIFILM Corporation: FUJIFILM Corporation is a leading provider of innovative diagnostic imaging products and informatics solutions for healthcare sector. Its medical imaging portfolio includes solutions for digital radiography, mammography, computed tomography, Magnetic Resonance Imaging (MRI), ultrasound, endoscopy, and endo-surgery.

  • Koninklijke Philips N.V.: Koninklijke Philips N.V. is one of the global leaders in medical technology. It focuses on several aspects of the health continuum, such as diagnosis, treatment, and home care. The company operated in image-guided therapy, diagnostic imaging, health informatics, and patient monitoring. It offers products and services vital for patients living with chronic conditions and undertakes R&D efforts and manufactures products to help meet the growing demand in healthcare.

  • Siemens Healthineers: Siemens Healthineers, formerly known as Siemens Healthcare, is a company that provides medical technology, software solutions, and clinical consulting services to healthcare stakeholders. The company’s business is divided into six segments, namely, diagnostic imaging, laboratory diagnostics, advance therapies, ultrasound, and point-of-care diagnostics & services. Over 12.0% of the company’s total sales are generated from the medical diagnostics equipment and health care division.

  • Canon Medical Systems Corporation: Toshiba Medical Systems Corporation was acquired by Canon, Inc. in December 2016. Post-acquisition, the company’s name was changed to Canon Medical Systems Corporation in 2018. This is a medical device company that manufactures and distributes diagnostic imaging products and services. The products and services offered by the company include CT, MRI, low-dose imaging, and X-ray systems.

  • Esaote SpA: Esaote SpA is an industrial group that provides imaging solutions related to ultrasound and MRI, which complements healthcare IT and technical interventional products. It offers imaging systems for prevention, diagnosis, and treatment of diseases. The company has subsidiaries in the U.S., China, Germany, Netherlands, France, Spain, Argentina, Brazil, and India.

  • Neusoft Corporation: Neusoft Corporation is an industry leader in providing clinical diagnosis and treatment solutions. The company offers patients cutting-edge, high-quality medical imaging solutions with about 42,000 installations in more than 110 countries. The company constantly innovates its portfolio for medical imaging diagnosis and clinical solutions in CT, MRI, PET, DSA, XR, RT, US, and IVD. The company has subsidiaries in the U.S., UAE, Peru, Russia, Brazil, Kenya, Germany, Korea, Thailand, and Vietnam.

  • Sanrad Medical Systems: Sanrad Medical Systems is a privately held Indian company. It has established itself as the industry leader in providing import and export services as well as outstanding sales and support for genuine, pre-owned diagnostic imaging equipment from Toshiba and Sina Healthcare. The company is dedicated to laying the groundwork for the next wave of medical revolution in the nation. The company has over 500 successful installations, 10 support offices, and 100 employees spread across the nation.

  • Aspect Imaging Ltd.: Aspect Imaging Ltd. is a privately owned company dealing into designing and development of compact, affordable, yet powerful MRI systems. Also, the company offers point of care MRI systems, including Neonatal MRI systems, developed to assist the patient-centered diagnostic capabilities inside the NICU. Moreover, the M-Series compact MRI systems have a wide variety of in vitro & in vivo applications, curated for pre-clinical research market

Value chain-based sizing & forecasting

Supply Side Estimates

  • Company revenue estimation via referring to annual reports, investor presentations, and Hoover’s.

  • Segment revenue determination via variable analysis and penetration modeling.

  • Competitive benchmarking to identify market leaders and their collective revenue shares.

  • Forecasting via analyzing commercialization rates, pipelines, market initiatives, distribution networks, etc.

Demand side estimates

  • Identifying parent markets and ancillary markets

  • Segment penetration analysis to obtain pertinent

  • revenue/volume

  • Heuristic forecasting with the help of subject matter experts

  • Forecasting via variable analysis

Magnetic Resonance Imaging Market Report Objectives:

  • Understanding market dynamics (in terms of drivers, restraints, & opportunities) in the countries.

  • Understanding trends & variables in the individual countries & their impact on growth and using analytical tools to provide high-level insights into the market dynamics and the associated growth pattern.

  • Understanding market estimates and forecasts (with the base year as 2023, historic information from 2018 to 2022, and forecast from 2024 to 2030). Regional estimates & forecasts for each category are available and are summed up to form the global market estimates.

Magnetic Resonance Imaging Market Report Assumptions:

  • The report provides market value for the base year 2023 and a yearly forecast till 2030 in terms of revenue/volume or both. The market for each of the segment outlooks has been provided on region & country basis for the above-mentioned forecast period.

  • The key industry dynamics, major technological trends, and application markets are evaluated to understand their impact on the demand for the forecast period. The growth rates were estimated using correlation, regression, and time-series analysis.

  • We have used the bottom-up approach for market sizing, analyzing key regional markets, dynamics, & trends for various products and end-users. The total market has been estimated by integrating the country markets.

  • All market estimates and forecasts have been validated through primary interviews with the key industry participants.

  • Inflation has not been accounted for to estimate and forecast the market.

  • Numbers may not add up due to rounding off.

  • Europe consists of EU-8, Central & Eastern Europe, along with the Commonwealth of Independent States (CIS).

  • Asia Pacific includes South Asia, East Asia, Southeast Asia, and Oceania (Australia & New Zealand).

  • Latin America includes Central American countries and the South American continent

  • Middle East includes Western Asia (as assigned by the UN Statistics Division) and the African continent.

Primary Research

GVR strives to procure the latest and unique information for reports directly from industry experts, which gives it a competitive edge. Quality is of utmost importance to us, therefore every year we focus on increasing our experts’ panel. Primary interviews are one of the critical steps in identifying recent market trends and scenarios. This process enables us to justify and validate our market estimates and forecasts to our clients. With more than 8,000 reports in our database, we have connected with some key opinion leaders across various domains, including healthcare, technology, consumer goods, and the chemical sector. Our process starts with identifying the right platform for a particular type of report, i.e., emails, LinkedIn, seminars, or telephonic conversation, as every report is unique and requires a differentiated approach.

We send out questionnaires to different experts from various regions/ countries, which is dependent on the following factors:

  • Report/Market scope: If the market study is global, we send questionnaires to industry experts across various regions, including North America, Europe, Asia Pacific, Latin America, and MEA.

  • Market Penetration: If the market is driven by technological advancements, population density, disease prevalence, or other factors, we identify experts and send out questionnaires based on region or country dominance.

The time to start receiving responses from industry experts varies based on how niche or well-penetrated the market is. Our reports include a detailed chapter on the KoL opinion section, which helps our clients understand the perspective of experts already in the market space.

What questions do you have? Get quick response from our industry experts. Request a Free Consultation
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