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

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

ID: 2342 | Pages: 190 | April 2018 | Region: Asia Pacific


The Asia-Pacific open MRI Systems Market was worth USD 0.54 Billion in 2018 and is expected to reach USD 0.85 Billion by 2023 with a CAGR of 9.40%. MRI is a scan which utilizes magnetic field and pulses from Radio wave energy to make pictures of internal parts of our body. MRI may show problems that wasn’t seen by other imaging methods. MRI’s are generally closed but there are some which doesn’t enclose your body completely which is called open MRI. But they aren’t available everywhere.

MRI is mainly used for finding problems like tumors, injury, Bleeding, Blood Vessel Diseases, or Infection. It is also used to see a problem encountered on x-ray or CT scan. MRI can take pictures of Head, Spine, Brain, Abdominal, cardiac and blood vessels and find the diseases or any problems associated with them. In the past open MRI was considered as low field MRI and most of the people think it’s less powerful than closed MRI. But now a day’s field strength is increased and in the range of mid field MRI. It’s field strength is even improved to high field but we do not call it open anymore.

There are many drivers in this market like increase in developments in MRI techniques, aging population, Developing Markets, software Applications, open architecture, and development of MRI compatible pacemakers. But some of the factors like draining helium gas deposits, high cost of MRI systems, declining reimbursement rates, complexity of machines and lack of skilled labor 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 Open MRI Systems market is segmented based on Application and field strength. Based on field Strength, Open MRI Systems are further segmented into low to mid field. On the basis of Application, market is further segmented into Spine, Cardiac, Brain, Breast and Abdomen. Under this segmentation, Brain and Neurological MRI holds the highest Share owing to rise in geriatric population and rise in early awareness levels. Based on Geography, Asia-Pacific is further segmented into China, Japan, and India.

Key players in the Open MRI systems market are Toshiba Medical Systems (Japan), Hitachi Medical Corporation (Japan), GE Healthcare (U.K.), Siemens Healthcare (Germany), and Philips Healthcare (Netherlands).

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 Y-o-Y Growth Analysis, By Field Strength   

                                5.1.4 Market Attractiveness Analysis, By Field Strength 

                                5.1.5  Market Share Analysis, By Field Strength  

                5.2 Application                 

                                5.2.1 Introduction           

                                5.2.2 Brain          

                                5.2.3 Spine         

                                5.2.4 Abdominal              

                                5.2.5 Breast       

                                5.2.6 Cardiac      

                                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 GE Healthcare                           

                                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 Hitachi Medical Corporation                

                8.3 Philips Healthcare                    

                8.4 Siemens Healthcare                

                8.5 Toshiba Medical Systems                     

                8.6 Aastrom Biosciences                              

                8.7 Celgene Corporation                              

                8.8 Invitrogen                   

                8.9 Cytori Therapeutics                 

                8.10 Retractable Technologies                   

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 Open MRI Systems Market By Field Strength, From 2018-2023 ( USD Billion )
  2. Asia-Pacific Low to Mid Field Market By Region, From 2018-2023 ( USD Billion )
  3. Asia-Pacific Open MRI Systems Market By Application, From 2018-2023 ( USD Billion )
  4. Asia-Pacific Brain Market By Region, From 2018-2023 ( USD Billion )
  5. Asia-Pacific Spine Market By Region, From 2018-2023 ( USD Billion )
  6. Asia-Pacific Cardiac Market By Region, From 2018-2023 ( USD Billion )
  7. Asia-Pacific Abdominal Market By Region, From 2018-2023 ( USD Billion )
  8. Asia-Pacific Breast Market By Region, From 2018-2023 ( USD Billion )
  9. Japan Open MRI Systems Market By Field Strength, From 2018-2023 ( USD Billion )
  10. Japan Open MRI Systems Market By Application, From 2018-2023 ( USD Billion )
  11. China Open MRI Systems Market By Field Strength, From 2018-2023 ( USD Billion )
  12. China Open MRI Systems Market By Application, From 2018-2023 ( USD Billion )
  13. India Open MRI Systems Market By Field Strength, From 2018-2023 ( USD Billion )
  14. India Open MRI Systems Market By Application, From 2018-2023 ( USD Billion )
  15. Australia Open MRI Systems Market By Field Strength, From 2018-2023 ( USD Billion )
  16. Australia Open MRI Systems Market By Application, From 2018-2023 ( USD Billion )
  17. South Korea Open MRI Systems Market By Field Strength, From 2018-2023 ( USD Billion )
  18. South Korea Open MRI Systems Market By Application, From 2018-2023 ( USD Billion )
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