The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company’s magnetic resonance imaging systems devices and equipment market report forecasts the magnetic resonance imaging systems devices and equipment market size to grow to $10.19 Billion by 2027, with a CAGR (compound annual growth rate) of more than 3%.

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Magnetic Resonance Imaging Systems Devices And Equipment Market Size Forecast
The global magnetic resonance imaging systems devices and equipment market is expected to grow from $8.36 billion in 2022 to $8.78 billion in 2023 at a compound annual growth rate (CAGR) of 5.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The magnetic resonance imaging systems devices and equipment market size is expected to grow from $10.19 billion in 2027 at a CAGR of 3.8%.

Western Europe held the largest magnetic resonance imaging systems devices and equipment market share.

Key Magnetic Resonance Imaging Systems Devices And Equipment Market Driver ­– Increase In The Number Of Chronic Diseases
For instance, in India, 150,000 health and wellness centres with a budget of $ 1.8 billion enable the healthcare system more accessible. Increasing health consciousness and the importance of health insurance are also causing significant growth in the market.

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Key Magnetic Resonance Imaging Systems Devices And Equipment Market Trend – Advancing MRI Imaging Technologies
Companies in the magnetic resonance imaging devices and equipment market are increasingly investing in advanced MRI imaging technologies to enhance their diagnosis and to reduce orders for rescans. The advanced MRI systems such as Multi contract MRI scanners, silent MRI Scanning technologies, and others allow radiologists to modify patient’s image contrast after scanning, which is not possible with conventional imaging systems. In December 2021, Fujifilm Healthcare Americas Corporation, a US-based medical technology company, unveiled its new velocity MRI System, an advanced high-field open MRI system. The new product is designed to streamline the workflow and enhance the patient’s experience.

Magnetic Resonance Imaging Systems Devices And Equipment Market Segment
1) By Type: Close MRI, Open MRI
2) By Application: Oncology, Neurology, Cardiology, Inflamatory and Infectious Diseases, Other Applications
3) By End User: Hospitals, Imaging centers, Ambulatory surgical centers

Magnetic Resonance Imaging Systems Devices And Equipment Market Major Players and Strategies
Major players in the magnetic resonance imaging systems devices and equipment market are Siemens Healthineers, GE Healthcare, Philips Healthcare, Hitachi Ltd., Canon Medical Systems, Esaote S.p.A Bruker Corporation, Fonar Corporation, Neusoft Medical Systems Co. Ltd., and Time Medical Co.

The Magnetic Resonance Imaging Systems Devices And Equipment Global Market Report 2023 covers regional data on magnetic resonance imaging systems devices and equipment market size, magnetic resonance imaging systems devices and equipment market trends and drivers, opportunities, strategies, and magnetic resonance imaging systems devices and equipment market competitor analysis. The countries covered in the magnetic resonance imaging systems devices and equipment market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

Magnetic resonance imaging (MRI) systems are imaging machines used to form pictures of inflammation or infection in an organ, degenerative diseases, strokes, musculoskeletal disorders, tumors, and other irregularities that exist in tissue or organs in a body. MRI systems use a fixed or static magnetic field and radio frequency signals to visualize anatomy, tissue characteristics, vascular flow, the chemical composition of tissues, and perfusion and diffusion of tissues.

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