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MRI Equipment-Global Market Insights and Sales Trends 2024
Synopsis
The global MRI Equipment market size is expected to reach US$ 7314.8 million by 2029, growing at a CAGR of 2.5% from 2023 to 2029. The market is mainly driven by the significant applications of MRI Equipment in various end use industries. The expanding demands from the Academic and Research Institutes, Biotechnology and Pharmaceutical Companies, Diagnostic Centers and Contract Research Organizations, are propelling MRI Equipment market. Superconducting Type MRI Equipment, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Permanent-magnet Type MRI Equipment segment is estimated at % CAGR for the next seven-year period.
The factors for MRI (Magnetic Resonance Imaging) equipment include:
1. Diagnostic capabilities: MRI equipment plays a crucial role in medical diagnostics, providing detailed imaging of soft tissues, organs, and structures within the body. It helps in the detection, diagnosis, and monitoring of various conditions, including cancers, neurological disorders, cardiovascular diseases, and musculoskeletal injuries.
2. Non-invasive and safe imaging: MRI scans are non-invasive and do not involve the use of ionizing radiation, making them safe for patients. This is a significant advantage over other imaging modalities such as X-rays or CT scans, especially for patients requiring multiple or regular imaging examinations.
3. High-resolution imaging: MRI equipment offers high-resolution imaging, allowing for the visualization of fine anatomical structures and abnormalities. This enables radiologists and physicians to make accurate diagnoses and treatment plans based on detailed and precise imaging information.
4. Imaging versatility: MRI equipment offers versatile imaging capabilities, including multiple imaging sequences and techniques. These sequences can provide different contrasts, allowing for comprehensive evaluations of various body tissues and pathologies.
5. Functional and dynamic imaging: Functional MRI (fMRI) techniques and dynamic imaging sequences provide insights into the brain's functional activity, as well as the movement and blood flow within the body. This allows for the assessment of brain function, mapping of neural pathways, evaluation of cardiac function, and assessment of vascular diseases.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for MRI Equipment, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global MRI Equipment market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global MRI Equipment market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, MRI Equipment sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of MRI Equipment covered in this report include GE, Siemens, Philips, Toshiba, Hitachi, ESAOTE, SciMedix, Paramed and Neusoft, etc.
The global MRI Equipment market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
GE
Siemens
Philips
Toshiba
Hitachi
ESAOTE
SciMedix
Paramed
Neusoft
Xingaoyi
ANKE
Huarun Wandong
Alltech
Global MRI Equipment market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global MRI Equipment market, Segment by Type:
Superconducting Type MRI Equipment
Permanent-magnet Type MRI Equipment
Global MRI Equipment market, by Application
Academic and Research Institutes
Biotechnology and Pharmaceutical Companies
Diagnostic Centers
Contract Research Organizations
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of MRI Equipment manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of MRI Equipment in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
The global MRI Equipment market size is expected to reach US$ 7314.8 million by 2029, growing at a CAGR of 2.5% from 2023 to 2029. The market is mainly driven by the significant applications of MRI Equipment in various end use industries. The expanding demands from the Academic and Research Institutes, Biotechnology and Pharmaceutical Companies, Diagnostic Centers and Contract Research Organizations, are propelling MRI Equipment market. Superconducting Type MRI Equipment, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Permanent-magnet Type MRI Equipment segment is estimated at % CAGR for the next seven-year period.
The factors for MRI (Magnetic Resonance Imaging) equipment include:
1. Diagnostic capabilities: MRI equipment plays a crucial role in medical diagnostics, providing detailed imaging of soft tissues, organs, and structures within the body. It helps in the detection, diagnosis, and monitoring of various conditions, including cancers, neurological disorders, cardiovascular diseases, and musculoskeletal injuries.
2. Non-invasive and safe imaging: MRI scans are non-invasive and do not involve the use of ionizing radiation, making them safe for patients. This is a significant advantage over other imaging modalities such as X-rays or CT scans, especially for patients requiring multiple or regular imaging examinations.
3. High-resolution imaging: MRI equipment offers high-resolution imaging, allowing for the visualization of fine anatomical structures and abnormalities. This enables radiologists and physicians to make accurate diagnoses and treatment plans based on detailed and precise imaging information.
4. Imaging versatility: MRI equipment offers versatile imaging capabilities, including multiple imaging sequences and techniques. These sequences can provide different contrasts, allowing for comprehensive evaluations of various body tissues and pathologies.
5. Functional and dynamic imaging: Functional MRI (fMRI) techniques and dynamic imaging sequences provide insights into the brain's functional activity, as well as the movement and blood flow within the body. This allows for the assessment of brain function, mapping of neural pathways, evaluation of cardiac function, and assessment of vascular diseases.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for MRI Equipment, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global MRI Equipment market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global MRI Equipment market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, MRI Equipment sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of MRI Equipment covered in this report include GE, Siemens, Philips, Toshiba, Hitachi, ESAOTE, SciMedix, Paramed and Neusoft, etc.
The global MRI Equipment market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
GE
Siemens
Philips
Toshiba
Hitachi
ESAOTE
SciMedix
Paramed
Neusoft
Xingaoyi
ANKE
Huarun Wandong
Alltech
Global MRI Equipment market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global MRI Equipment market, Segment by Type:
Superconducting Type MRI Equipment
Permanent-magnet Type MRI Equipment
Global MRI Equipment market, by Application
Academic and Research Institutes
Biotechnology and Pharmaceutical Companies
Diagnostic Centers
Contract Research Organizations
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of MRI Equipment manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of MRI Equipment in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 MRI Equipment Market Overview
1.1 MRI Equipment Product Overview
1.2 MRI Equipment Market Segment by Type
1.2.1 Superconducting Type MRI Equipment
1.2.2 Permanent-magnet Type MRI Equipment
1.3 Global MRI Equipment Market Size by Type
1.3.1 Global MRI Equipment Market Size Overview by Type (2018-2029)
1.3.2 Global MRI Equipment Historic Market Size Review by Type (2018-2023)
1.3.3 Global MRI Equipment Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America MRI Equipment Sales Breakdown by Type (2018-2023)
1.4.2 Europe MRI Equipment Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific MRI Equipment Sales Breakdown by Type (2018-2023)
1.4.4 Latin America MRI Equipment Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa MRI Equipment Sales Breakdown by Type (2018-2023)
2 Global MRI Equipment Market Competition by Company
2.1 Global Top Players by MRI Equipment Sales (2018-2023)
2.2 Global Top Players by MRI Equipment Revenue (2018-2023)
2.3 Global Top Players by MRI Equipment Price (2018-2023)
2.4 Global Top Manufacturers MRI Equipment Manufacturing Base Distribution, Sales Area, Product Type
2.5 MRI Equipment Market Competitive Situation and Trends
2.5.1 MRI Equipment Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by MRI Equipment Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in MRI Equipment as of 2022)
2.7 Date of Key Manufacturers Enter into MRI Equipment Market
2.8 Key Manufacturers MRI Equipment Product Offered
2.9 Mergers & Acquisitions, Expansion
3 MRI Equipment Status and Outlook by Region
3.1 Global MRI Equipment Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global MRI Equipment Historic Market Size by Region
3.2.1 Global MRI Equipment Sales in Volume by Region (2018-2023)
3.2.2 Global MRI Equipment Sales in Value by Region (2018-2023)
3.2.3 Global MRI Equipment Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global MRI Equipment Forecasted Market Size by Region
3.3.1 Global MRI Equipment Sales in Volume by Region (2024-2029)
3.3.2 Global MRI Equipment Sales in Value by Region (2024-2029)
3.3.3 Global MRI Equipment Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global MRI Equipment by Application
4.1 MRI Equipment Market Segment by Application
4.1.1 Academic and Research Institutes
4.1.2 Biotechnology and Pharmaceutical Companies
4.1.3 Diagnostic Centers
4.1.4 Contract Research Organizations
4.2 Global MRI Equipment Market Size by Application
4.2.1 Global MRI Equipment Market Size Overview by Application (2018-2029)
4.2.2 Global MRI Equipment Historic Market Size Review by Application (2018-2023)
4.2.3 Global MRI Equipment Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America MRI Equipment Sales Breakdown by Application (2018-2023)
4.3.2 Europe MRI Equipment Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific MRI Equipment Sales Breakdown by Application (2018-2023)
4.3.4 Latin America MRI Equipment Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa MRI Equipment Sales Breakdown by Application (2018-2023)
5 North America MRI Equipment by Country
5.1 North America MRI Equipment Historic Market Size by Country
5.1.1 North America MRI Equipment Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America MRI Equipment Sales in Volume by Country (2018-2023)
5.1.3 North America MRI Equipment Sales in Value by Country (2018-2023)
5.2 North America MRI Equipment Forecasted Market Size by Country
5.2.1 North America MRI Equipment Sales in Volume by Country (2024-2029)
5.2.2 North America MRI Equipment Sales in Value by Country (2024-2029)
6 Europe MRI Equipment by Country
6.1 Europe MRI Equipment Historic Market Size by Country
6.1.1 Europe MRI Equipment Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe MRI Equipment Sales in Volume by Country (2018-2023)
6.1.3 Europe MRI Equipment Sales in Value by Country (2018-2023)
6.2 Europe MRI Equipment Forecasted Market Size by Country
6.2.1 Europe MRI Equipment Sales in Volume by Country (2024-2029)
6.2.2 Europe MRI Equipment Sales in Value by Country (2024-2029)
7 Asia-Pacific MRI Equipment by Region
7.1 Asia-Pacific MRI Equipment Historic Market Size by Region
7.1.1 Asia-Pacific MRI Equipment Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific MRI Equipment Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific MRI Equipment Sales in Value by Region (2018-2023)
7.2 Asia-Pacific MRI Equipment Forecasted Market Size by Region
7.2.1 Asia-Pacific MRI Equipment Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific MRI Equipment Sales in Value by Region (2024-2029)
8 Latin America MRI Equipment by Country
8.1 Latin America MRI Equipment Historic Market Size by Country
8.1.1 Latin America MRI Equipment Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America MRI Equipment Sales in Volume by Country (2018-2023)
8.1.3 Latin America MRI Equipment Sales in Value by Country (2018-2023)
8.2 Latin America MRI Equipment Forecasted Market Size by Country
8.2.1 Latin America MRI Equipment Sales in Volume by Country (2024-2029)
8.2.2 Latin America MRI Equipment Sales in Value by Country (2024-2029)
9 Middle East and Africa MRI Equipment by Country
9.1 Middle East and Africa MRI Equipment Historic Market Size by Country
9.1.1 Middle East and Africa MRI Equipment Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa MRI Equipment Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa MRI Equipment Sales in Value by Country (2018-2023)
9.2 Middle East and Africa MRI Equipment Forecasted Market Size by Country
9.2.1 Middle East and Africa MRI Equipment Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa MRI Equipment Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 GE
10.1.1 GE Company Information
10.1.2 GE Introduction and Business Overview
10.1.3 GE MRI Equipment Sales, Revenue and Gross Margin (2018-2023)
10.1.4 GE MRI Equipment Products Offered
10.1.5 GE Recent Development
10.2 Siemens
10.2.1 Siemens Company Information
10.2.2 Siemens Introduction and Business Overview
10.2.3 Siemens MRI Equipment Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Siemens MRI Equipment Products Offered
10.2.5 Siemens Recent Development
10.3 Philips
10.3.1 Philips Company Information
10.3.2 Philips Introduction and Business Overview
10.3.3 Philips MRI Equipment Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Philips MRI Equipment Products Offered
10.3.5 Philips Recent Development
10.4 Toshiba
10.4.1 Toshiba Company Information
10.4.2 Toshiba Introduction and Business Overview
10.4.3 Toshiba MRI Equipment Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Toshiba MRI Equipment Products Offered
10.4.5 Toshiba Recent Development
10.5 Hitachi
10.5.1 Hitachi Company Information
10.5.2 Hitachi Introduction and Business Overview
10.5.3 Hitachi MRI Equipment Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Hitachi MRI Equipment Products Offered
10.5.5 Hitachi Recent Development
10.6 ESAOTE
10.6.1 ESAOTE Company Information
10.6.2 ESAOTE Introduction and Business Overview
10.6.3 ESAOTE MRI Equipment Sales, Revenue and Gross Margin (2018-2023)
10.6.4 ESAOTE MRI Equipment Products Offered
10.6.5 ESAOTE Recent Development
10.7 SciMedix
10.7.1 SciMedix Company Information
10.7.2 SciMedix Introduction and Business Overview
10.7.3 SciMedix MRI Equipment Sales, Revenue and Gross Margin (2018-2023)
10.7.4 SciMedix MRI Equipment Products Offered
10.7.5 SciMedix Recent Development
10.8 Paramed
10.8.1 Paramed Company Information
10.8.2 Paramed Introduction and Business Overview
10.8.3 Paramed MRI Equipment Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Paramed MRI Equipment Products Offered
10.8.5 Paramed Recent Development
10.9 Neusoft
10.9.1 Neusoft Company Information
10.9.2 Neusoft Introduction and Business Overview
10.9.3 Neusoft MRI Equipment Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Neusoft MRI Equipment Products Offered
10.9.5 Neusoft Recent Development
10.10 Xingaoyi
10.10.1 Xingaoyi Company Information
10.10.2 Xingaoyi Introduction and Business Overview
10.10.3 Xingaoyi MRI Equipment Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Xingaoyi MRI Equipment Products Offered
10.10.5 Xingaoyi Recent Development
10.11 ANKE
10.11.1 ANKE Company Information
10.11.2 ANKE Introduction and Business Overview
10.11.3 ANKE MRI Equipment Sales, Revenue and Gross Margin (2018-2023)
10.11.4 ANKE MRI Equipment Products Offered
10.11.5 ANKE Recent Development
10.12 Huarun Wandong
10.12.1 Huarun Wandong Company Information
10.12.2 Huarun Wandong Introduction and Business Overview
10.12.3 Huarun Wandong MRI Equipment Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Huarun Wandong MRI Equipment Products Offered
10.12.5 Huarun Wandong Recent Development
10.13 Alltech
10.13.1 Alltech Company Information
10.13.2 Alltech Introduction and Business Overview
10.13.3 Alltech MRI Equipment Sales, Revenue and Gross Margin (2018-2023)
10.13.4 Alltech MRI Equipment Products Offered
10.13.5 Alltech Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 MRI Equipment Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 MRI Equipment Industrial Chain Analysis
11.4 MRI Equipment Market Dynamics
11.4.1 MRI Equipment Industry Trends
11.4.2 MRI Equipment Market Drivers
11.4.3 MRI Equipment Market Challenges
11.4.4 MRI Equipment Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 MRI Equipment Distributors
12.3 MRI Equipment Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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