Magnetic Resonance Imaging (MRI) Market Size, Share & Trends Report

Magnetic Resonance Imaging (MRI) 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 Pages: 210
  • Format: Electronic (PDF)
  • Historical Range: 2018 - 2021
  • Industry: Healthcare

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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