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Published Date: 2012-03-15Number of Pages: 34

Magnetic Resonance Imaging (MRI) Market: Global Market Analysis, Size, Share & Forecast (2012 - 2017)

 

The global magnetic resonance imaging (MRI) market is driven by advancements in technology. However, the high cost associated with MRI systems will suppress the growth of the global magnetic resonance imaging market. Hence, the global magnetic resonance imaging (MRI) market will experience moderate growth in the coming few years. Nevertheless, the advances in the global magnetic resonance imaging market will continue to drive the market.

MRI technology has attracted keen interest from several technology developers. In the global MRI industry, several manufacturers wish to make this technology more patient-friendly and are using heavy R&D to achieve this.

Backed by extensive primary and secondary research, the global magnetic resonance imaging (MRI) market report offers valuable forecasts of the overall market and its key segments. Broadly, the global magnetic resonance imaging (MRI) market is segmented by application and region. The market forecasts and figures presented in the research study will help new entrants and established players gain a clear perspective on the growth framework of the global magnetic resonance imaging market.

Overview of the Global Magnetic Resonance Imaging (MRI) Market 

The global magnetic resonance imaging (MRI) market is fueled by factors such as the growing geriatric population, rising technological innovations such as superconducting magnets, growing demand for high-field MRI sector, and expanding open architecture. On the other hand, factors such as the high cost of MRI systems, shortage of helium gas deposits, and shrinking reimbursement rates for MRI procedures will restrain the market.

The global magnetic resonance imaging (MRI) market will expand at a moderate CAGR of 3.5% during the forecast period from 2012 to 2017. By 2017, the global magnetic resonance imaging (MRI) market is projected to be valued at US$4.8 bn. By structure, the global magnetic resonance imaging (MRI) market is divided into open MRI devices and closed MRI devices. The open MRI segment will witness a CAGR of 4.8%, while the closed MRI segment will witness a CAGR of 2.5% during the forecast period.

On the basis of magnetic field strength, the global magnetic resonance imaging (MRI) market is segmented into mid-field, low-field, and high-field devices. The low-field magnetic resonance imaging segment is expected to decline nearly 9% during the forecasting horizon. This will shrink the market value of this sector to US$282.4 mn in 2017.

Geography-wise, the global magnetic resonance imaging (MRI) market is segmented into North America, Europe, Asia Pacific, and Rest of the World (RoW). At present, North America and Europe generate the majority of the revenue in the global MRI market. On the other hand, the Asia Pacific sector is projected to demonstrate the highest CAGR during the forecast period. Factors such as the rising awareness about the advantages of early diagnosis and increasing affordability of advanced healthcare services will boost the Asia Pacific MRI market. On the other hand, factors such as the rising incidence of chronic conditions and accelerating aging population will drive the global magnetic resonance imaging market in North America.

Companies mentioned in the research report 
 

The key players operating in the global magnetic resonance imaging (MRI) market are Siemens, GE, Hitachi, Philips, and Toshiba. Each of these key companies have independent firms that are dedicatedly working on manufacturing MRI systems and related medical equipment.

Major regions analyzed under this research report are: 

  • Europe
  • North America 
  • Asia Pacific 
  • Rest of the World 

This report gives you access to decisive data such as:

  • Market growth drivers 
  • Factors limiting market growth
  • Current market trends 
  • Market structure
  • Market projections for the coming years 

Key highlights of this report

  • Overview of key market forces propelling and restraining market growth 
  • Up-to-date analyses of market trends and technological improvements 
  • Pin-point analyses of market competition dynamics to offer you a competitive edge
  • An analysis of strategies of major competitors 
  • An array of graphics and SWOT analysis of major industry segments 
  • Detailed analyses of industry trends
  • A well-defined technological growth map with an impact-analysis 
  • Offers a clear understanding of the competitive landscape and key product segments

CHAPTER 1 PREDICTIONS


CHAPTER 2 IN THIS REPORT

2.1 NEED FOR THE RESEARCH

2.2 SEGMENTATION

2.3 METHODOLOGY

2.3.1 PRIMARY RESEARCH

CHAPTER 3 MARKET OVERVIEW

3.1 MARKET VALUE ANALYSIS

3.1.1 MARKET VALUE ANALYSIS BY REGIONS

TABLE 1 GLOBAL MRI MARKET BY REGION 2010-2011 (USD MILLION)

TABLE 2 GLOBAL MRI MARKET FORECAST BY REGION 2012-2017 (USD MILLION)

3.1.2 MARKET VALUE ANALYSIS BY TYPES

3.1.2.1 On Structural Basis:

TABLE 3 GLOBAL MRI MARKET BY TYPE 2010-2011 (USD MILLION)

TABLE 4 GLOBAL MRI MARKET FORECAST BY TYPE 2012-2017 (USD MILLION)

3.1.2.2 On Field Strength Basis

TABLE 5 GLOBAL MRI MARKET BY TYPE 2010-2011 (USD MILLION)

TABLE 6 GLOBAL MRI MARKET FORECAST BY TYPE 2012-2017 (USD MILLION)

3.2 FACTOR ANALYSIS

3.2.1.1 Drivers

3.2.1.2 Restraints

CHAPTER 4 MARKET SEGMENTATION: OPEN MRI MARKET FROM 2010 TO 2017

4.1 MARKET SIZE

TABLE 7 GLOBAL OPEN MRI MARKET BY REGION 2010-2011 (USD MILLION)

4.2 MARKET FORECAST

TABLE 8 GLOBAL OPEN MRI MARKET FORECAST BY REGION 2012-2017 (USD MILLION)

 

CHAPTER 5 MARKET SEGMENTATION: CLOSED MRI MARKET FROM 2010 TO 2017

5.1 MARKET SIZE

TABLE 9 GLOBAL CLOSED MRI MARKET BY REGION 2010-2011 (USD MILLION)

5.2 MARKET FORECAST

TABLE 10 GLOBAL  CLOSED MRI MARKET FORECAST BY REGION 2012-2017 (USD MILLION)

CHAPTER 6 MARKET SEGMENTATION: HIGH-FIELD MRI MARKET FROM 2010 TO 2017

6.1 MARKET SIZE

TABLE 11 GLOBAL HIGH-FIELD MRI MARKET BY REGION 2010-2011 (USD MILLION)

6.2 MARKET FORECAST

TABLE 12 GLOBAL HIGH-FIELD MARKET FORECAST BY REGION 2012-2017 (USD MILLION)

CHAPTER 7 MARKET SEGMENTATION: MID-FIELD MRI MARKET FROM 2010 TO 2017

7.1 MARKET SIZE

TABLE 13 GLOBAL MID-FIELD MRI MARKET BY REGION 2010-2011 (USD MILLION)

7.2 MARKET FORECAST

TABLE 14 GLOBAL  MID-FIELD MRI MARKET FORECAST BY REGION 2012-2017 (USD MILLION)

CHAPTER 8 MARKET SEGMENTATION: LOW-FIELD MRI MARKET FROM 2010 TO 2017

8.1 MARKET SIZE

TABLE 15 GLOBAL LOW FIELD MRI MARKET BY REGION 2010-2011 (USD MILLION)

8.2 MARKET FORECAST

TABLE 16 GLOBAL  LOW FIELD MRI MARKET FORECAST BY REGION 2012-2017 (USD MILLION)

CHAPTER 9 REGIONAL MARKET  ANALYSIS

9.1 AMERICAS

9.1.1 MARKET ANALYSIS OF MRI

TABLE 17 AMERICAS MRI MARKET BY TYPE 2010-2011 (USD MILLION)

TABLE 18 AMERICAS MRI MARKET BY TYPE 2010-2011 (USD MILLION)

TABLE 19 AMERICAS MRI MARKET FORECAST BY TYPE 2012-2017 (USD MILLION)

TABLE 20 AMERICAS MRI MARKET FORECAST BY TYPE 2012-2017 (USD MILLION)

 

9.2 EUROPE

9.2.1 MARKET ANALYSIS OF MRI

TABLE 21 EUROPE MRI MARKET BY TYPE 2010-2011 (USD MILLION)

TABLE 22 EUROPE MRI MARKET BY TYPE 2010-2011 (USD MILLION)

TABLE 23 EUROPE MRI MARKET FORECAST BY TYPE 2012-2017 (USD MILLION)

TABLE 24 EUROPE MRI MARKET FORECAST BY TYPE 2012-2017 (USD MILLION)

9.3 ASIA

9.3.1 MARKET ANALYSIS OF MRI

TABLE 25 ASIA MRI MARKET BY TYPE 2010-2011 (USD MILLION)

TABLE 26 ASIA MRI MARKET BY TYPE 2010-2011 (USD MILLION)

TABLE 27 ASIA MRI MARKET FORECAST BY TYPE 2012-2017 (USD MILLION)

TABLE 28 ASIA MRI MARKET FORECAST BY TYPE 2012-2017 (USD MILLION)

9.4 ROW

9.4.1 MARKET ANALYSIS OF MRI

TABLE 29 ROW MRI MARKET BY TYPE 2010-2011 (USD MILLION)

TABLE 30 ROW MRI MARKET BY TYPE 2010-2011 (USD MILLION)

TABLE 31 ROW MRI MARKET FORECAST BY TYPE 2012-2017 (USD MILLION)

TABLE 32 ROW MRI MARKET FORECAST BY TYPE 2012-2017 (USD MILLION)

For List of Figures please refer Table of Content

For List of Table please refer Table of Content.


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