Asia-Pacific Closed MRI Systems Market By Field Strength (Low -to Mid -Field, High Field, Very High Field, Ultra High Field) & Application (Brain, Spine, Cardiac, Abdominal, Breast) And By Region – Industry Analysis, Share, Size, Growth, Trends, And Forecasts 2018-2023

Asia-Pacific Closed MRI Systems Market By Field Strength (Low -to Mid -Field, High Field, Very High Field, Ultra High Field) & Application (Brain, Spine, Cardiac, Abdominal, Breast) And By Region – Industry Analysis, Share, Size, Growth, Trends, And Forecasts 2018-2023

ID: 2328 | Pages: 135 | April 2018 | Region: Asia Pacific


The Asia-Pacific Closed MRI Systems Market was worth USD 0.64 Billion USD in 2018 and is expected to reach 0.93 Billion USD by 2023 with a CAGR of 7.73%.

Closed MRI is a kind of MRI in which magnetic field and radio frequencies are used to picture clear images of internal parts of the body. Closed MRI is a powerful device and is generally used only when it is absolutely needed. Closed MRI is mainly used for finding problems like tumors, injury, Bleeding, Blood Vessel Diseases, or Infection.

There are many drivers in this market like increase in aging population, developments in MRI techniques, Developing Markets, software Applications, and development of MRI compatible pacemakers. But some of the factors like high cost of MRI systems, draining helium gas deposits, declining reimbursement rates, lack of skilled labor and complexity of machines are restraining the market. This is the fastest growing region in the world because of developing market and increase in spending limits of people.

The Closed MRI Systems market is segmented based on field strength, Application. Based on field Strength, Closed MRI Systems are further Segmented into low to mid field, High Field, Very High Field, Ultra High Field. Based on Application, market is further segmented into Brain, Spine, Cardiac, Breast and Abdomen. In this market, Brain and Neurological MRI holds the Highest Share owing to rise in geriatric population and rise in early awareness levels. High Field Strength is the most commonly used field strength in market because of increase in replacements and increasing adoption of advanced products. Based on Geography, Asia-Pacific is further segmented into China, Japan, India, Australia and South Korea.

Key players in the Closed MRI systems market are Hitachi Medical Corporation, Toshiba Medical Systems, Siemens Healthcare, GE Healthcare, Imris Inc., Fonar Corporation, Esaote S.P.A, Neusoft Medical System, Aurora Medical Imaging and Philips Healthcare.

1.Introduction                                                                  

                1.1 Market Definition                                                    

                1.2 Study Deliverables                                                  

                1.3 Base Currency, Base Year and Forecast Periods                                                          

                1.4 General Study Assumptions                                                

2. Research Methodology                                                                           

                2.1 Introduction                                                               

                2.2 Research Phases                                                      

                                2.2.1 Secondary Research                                           

                                2.2.2 Primary Research                                 

                                2.2.3 Econometric Modelling                                      

                                2.2.4 Expert Validation                                  

                2.3 Analysis Design                                                         

                2.4 Study Timeline                                                          

3. Overview                                                                       

                3.1 Executive Summary                                                

                3.2 Key Inferences                                                         

                3.3 Epidemology                                                              

4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)                                                                    

                4.1 Market Drivers                                                          

                4.2 Market Restraints                                                    

                4.3 Key Challenges                                                         

                4.4 Current Opportunities in the Market                                                              

5. Market Segmentation                                                                              

                5.1 Field Strength                                                            

                                5.1.1 Introduction                                           

                                5.1.2 Low to Mid Field                                   

                                5.1.3 High Field                                 

                                Very High Field                                 

                                5.1.5  Ultra High Field                                     

                                5.1.6  MY-o-Y Growth Analysis, By Field Strength                                              

                                5.1.7  Market Attractiveness Analysis, By Field Strength                                

                                5.1.8 Market Share Analysis, By Field Strength                                   

                5.2 Application                                                 

                                5.2.1 Introduction                                           

                                5.2.2 Brain                                          

                                5.2.3 Cardiac                                      

                                5.2.4 Spine                                         

                                5.2.5 Abdominal                                              

                                5.2.6 Breast                                       

                                5.2.7 Y-o-Y Growth Analysis, By Application                                         

                                5.2.8  Market Attractiveness Analysis, By Application                                      

                                5.2.9  Market Share Analysis, By Application                                       

6. Geographical Analysis                                                                              

                6.1 Introduction                                                               

                                6.1.1 Regional Trends                                    

                                6.1.2 Impact Analysis                                     

                                6.1.3 Y-o-Y Growth Analysis                                        

                                                6.1.3.1 By Geographical Area                     

                                                6.1.3.2 By Field Strength                              

                                                6.1.3.3 By Application                    

                                6.1.4  Market Attractiveness Analysis                                     

                                                6.1.4.1 By Geographical Area                     

                                                6.1.4.2 By Field Strength                              

                                                6.1.4.3 By Application                    

                                6.1.5  Market Share Analysis                                      

                                                6.1.5.1 By Geographical Area                     

                                                6.1.5.2 By Field Strength                              

                                                6.1.5.3 By Application                    

                6.2 China                                                             

                6.3 India                                                              

                6.4 Japan                                                            

                6.5 South Korea                                                               

                6.6 Australia                                                      

7.Strategic Analysis                                                                        

                7.1 PESTLE analysis                                                         

                                7.1.1 Political                                     

                                7.1.2 Economic                                 

                                7.1.3 Social                                         

                                7.1.4 Technological                                         

                                7.1.5 Legal                                          

                                7.1.6 Environmental                                       

                7.2 Porter’s Five analysis                                                              

                                7.2.1 Bargaining Power of Suppliers                                        

                                7.2.2 Bargaining Power of Consumers                                    

                                7.2.3 Threat of New Entrants                                     

                                7.2.4 Threat of Substitute Products and Services                                              

                                7.2.5 Competitive Rivalry within the Industry                                     

8.Market Leaders' Analysis                                                                         

                8.1 Hitachi Medical Corporation                                                

                                8.1.1 Overview                                 

                                8.1.2 Product Analysis                                   

                                8.1.3 Financial analysis                                  

                                8.1.4 Recent Developments                                       

                                8.1.5 SWOT analysis                                       

                                8.1.6 Analyst View                                          

                8.2 Toshiba Medical Systems                                                     

                8.3 Siemens Healthcare                                                

                8.4 GE Healthcare                                                           

                8.5 Imris Inc.                                                      

                8.6 Fonar Corporation                                                   

                8.7 Esaote S.P.A                                                               

                8.8 Neusoft Medical System,                                                     

                8.9 Aurora Medical Imaging                                                        

                8.10 Philips Healthcare                                                  

9.Competitive Landscape                                                                            

                9.1 Market share analysis                                                            

                9.2 Merger and Acquisition Analysis                                                       

                9.3 Agreements, collaborations and Joint Ventures                                                         

                9.4 New Product Launches                                                         

10.Market Outlook and Investment Opportunities                                                                          

Appendix                                                                           

                a) List of Tables                                                

                b) List of Figures                                                              

  • Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organisations a strong financial foothold in the market
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  1. Asia-Pacific Closed MRI Market By Field Strength, From 2018-2023 ( USD Billion )
  2. Asia-Pacific low to midfield Market By Region, From 2018-2023 ( USD Billion )
  3. Asia-Pacific High Field Market By Region, From 2018-2023 ( USD Billion )
  4. Asia-Pacific Very High Field Market By Region, From 2018-2023 ( USD Billion )
  5. Asia-Pacific Ultra High Field Market By Region, From 2018-2023 ( USD Billion )
  6. Asia-Pacific Closed MRI Market By Application, From 2018-2023 ( USD Billion )
  7. Asia-Pacific Brain Market By Region, From 2018-2023 ( USD Billion )
  8. Asia-Pacific Abdominal Market By Region, From 2018-2023 ( USD Billion )
  9. Asia-Pacific Cardiac Market By Region, From 2018-2023 ( USD Billion )
  10. Asia-Pacific Spine Market By Region, From 2018-2023 ( USD Billion )
  11. Asia-Pacific Breast Market By Region, From 2018-2023 ( USD Billion )
  12. Japan Closed MRI Market By Field Strength, From 2018-2023 ( USD Billion )
  13. Japan Closed MRI Market By Application, From 2018-2023 ( USD Billion )
  14. China Closed MRI Market By Field Strength, From 2018-2023 ( USD Billion )
  15. China Closed MRI Market By Application, From 2018-2023 ( USD Billion )
  16. India Closed MRI Market By Field Strength, From 2018-2023 ( USD Billion )
  17. India Closed MRI Market By Application, From 2018-2023 ( USD Billion )
  18. Australia Closed MRI Market By Field Strength, From 2018-2023 ( USD Billion )
  19. Australia Closed MRI Market By Application, From 2018-2023 ( USD Billion )
  20. South Korea Closed MRI Market By Field Strength, From 2018-2023 ( USD Billion )
  21. South Korea Closed MRI Market By Application, From 2018-2023 ( USD Billion )
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