Magnetic Resonance Imaging (MRI) Market Analysis | Global and Regional Market Forecast to 2019-2027

The global magnetic resonance imaging market is forecast to reach USD 8.50 Billion by 2027, according to a new report by Reports and Data. Magnetic Resonance Imaging (MRI) is a non-invasive scanning technology that produces three-dimensional detailed anatomical images by incorporating powe


Increasing demand for the medium (1.5T and 3T) field strength MRI system coupled with high investments in RD of magnetic resonance imaging are fueling the market growth.

Magnetic Resonance Imaging (MRI) Market Size – USD 5.62 Billion in 2018, Market Growth - CAGR of 4.6%, Market Trends – Increase in demand for magnetic resonance imaging for neurological procedures in the hospitals and ambulatory surgical center globally.

The research report titled Global Magnetic Resonance Imaging (MRI) Market added by Reports and Data to its extensive database is formulated with an aim to help established companies and new entrants to identify and analyze market trends and competition. A panoramic overview of the competitive scenario of the Magnetic Resonance Imaging (MRI) market is offered in the report. It covers recent product and technological advancements in the industry. The report also covers supply and demand ratio, competitive landscape, and challenges, threats, growth prospects and opportunities of the market.

Key companies operating in the market include GE Healthcare, Koninklijke Philips N.V., Siemens Healthineers AG, Canon Medical Systems Corporation, Hitachi Medical Systems, Sanrad Medical Systems Pvt. Ltd Inc., Esaote SpA, Shenzhen Anke Hi-Tech Co., Ltd., Time Medical Systems, and FONAR Corporation.

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The report has been formulated through extensive primary and secondary research with the information further validated and verified by industry experts and professionals. It is an all-inclusive document covering the market landscape and a futuristic perspective on its growth and progress. It provides data about the key technological advancements, product developments, and strategic business decisions such as mergers acquisitions, product launches, joint-ventures, collaborations, partnerships, and business expansion plans the key companies are focusing on right now. The report also covers SWOT analysis, Porter’s Five Forces analysis, feasibility analysis, and investment return analysis.

The report on Global Magnetic Resonance Imaging (MRI) Market includes an extensive analysis of the industry verticals. Regional analysis of the global Magnetic Resonance Imaging (MRI) market considers key geographical regions of the world to study different aspects of the market. The market is segmented into key regions such as North America, Latin America, Europe, Asia Pacific, and Middle East Africa. The report also offers a country-wise analysis to impart better understanding of the market growth, size, and revenue growth in each key region.

Regional analysis covers:

  • North America

o   U.S.

o   Canada

o   Mexico

  • Europe

o   Germany

o   U.K.

o   Italy

o   France


o   Rest of Europe

  • Asia Pacific

o   China

o   India

o   Japan

o   South Korea

o   Rest of APAC

  • Latin America

o   Brazil

o   Rest of LATAM

  • Middle East Africa

o   Saudi Arabia

o   U.A.E.

o   South Africa

o   Rest of MEA

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Machine Type Outlook (Revenue, USD Billion; 2016-2027)

  • Closed MRI
  • Open MRI

Sales Channel Outlook (Revenue, USD Billion; 2016-2027)

  • Online Retailing
  • Medical Stores Brand Outlet

Field Strength Outlook (Revenue, USD Billion; 2016-2027)

  • Low Field Strength
  • Medium Field Strength
  • High Field Strength

Application Outlook (Revenue, USD Billion; 2016-2027)

  • Neurological Cerebrospinal
  • Cardiovascular
  • Abdominal
  • Breast
  • Others

End-Users Outlook (Revenue, USD Billion; 2016-2027)

  • Hospitals
  • Clinics Diagnostic Centers
  • Ambulatory Surgical Centers
  • Others

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 Key Benefits of Buying the Global Magnetic Resonance Imaging (MRI) Report:

  • Comprehensive analysis of the changing competitive landscape
  • Assists in decision making processes for the businesses along with detailed strategic planning methodologies
  • The report offers an 8 year forecast and assessment of the Global Magnetic Resonance Imaging (MRI) Market
  • Helps in understanding the key product segments and their estimated growth rate
  • In-depth analysis of market drivers, restraints, trends, and opportunities
  • Comprehensive regional analysis of the Global Magnetic Resonance Imaging (MRI) Market
  • Extensive profiling of the key stakeholders of the business sphere
  • Detailed analysis of the factors influencing the growth of the Global Magnetic Resonance Imaging (MRI) Market

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