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Pulished Date April, 2021
ID: 2230
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Global Closed MRI Systems Market Size, Share, Trends, COVID-19 Impact & Growth Analysis Report – Segmented By Field Strength, Application & Region – Industry Forecast (2021 to 2026)

Pulished: April, 2021
ID: 2230
Pages: 190

Global Closed MRI Systems Market Size (2021 to 2026)

As per the report published by Market Data Forecast, the size of the global closed MRI systems market is expected to be growing at a CAGR of 4.95% from 2021 to 2026. The size of the market is predicted to grow from USD 4.09 billion in 2021 to USD 5.21 billion by 2026.

Closed MRI is a type of MRI used to take high-quality images of internal parts of the body using Magnetic field and Radio waves. Closed MRI is generally wholly closed and has high field strength. Closed MRI can take pictures of the Head, Spine, Brain, Abdominal, cardiac, and blood vessels and find the diseases or any problems associated with them.

There are many drivers in this market, as an increase in the aging population, developments in MRI techniques, Developing Markets, open architecture and software applications, and development of MRI compatible pacemakers.

Increasing support from the government through investments is ascribed to bolster the demand of the closed MRI systems market. The rise in the aging population across the world is also surging the growth of the market, and growth opportunities for the market lie in the emergence of the latest technologies and the launch of innovative equipment. Increasing disposable income in healthcare centers is also likely to surge the demand of the market. The growing prevalence of hospitals' construction with the latest devices is significantly influencing the growth of the market. Rising support from the government through investments to improve the treatment procedures boosts the development of this market.

However, some of the factors like the high cost of MRI systems, draining helium gas deposits, declining reimbursement rates, lack of skilled labor, and machines' complexity are restraining the market.

REPORT COVERAGE:

REPORT METRIC

DETAILS

Market Size Available

2020 to 2026

Base Year

2020

Forecast Period

2021 to 2026

Segments Covered

By Field Strength, Application and Region

Various Analyses Covered

Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities

Regions Covered

North America, Europe, APAC, Latin America, Middle East & Africa

Market Leaders Profiled

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

 

This research report on the global closed MRI systems market has been segmented and sub-segmented based on field strength, application, and region.

Closed MRI Systems Market - By Field Strength:

  • Low to midfield
  • High Field
  • Very High Field
  • Ultra-High Field

Low to midfield type is witnessed in holding dominant shares of the market based on the field strength. The rise in the number of patients with severe health problems is leveling up market demand. Deployment of every application in cloud-based platforms is also spurring the growth of the closed MRI systems market.

Closed MRI Systems Market - By Application:

  • Brain
  • Spine
  • Cardiac
  • Breast and Abdomen
  • Neurological MRI

Based on the application, the Brain segment is leading with the highest shares of the market. Increasing incidences of brain cancer and others are mostly fueling the growth of the market. Raising funds from both private and public organizations are also magnifying the demand of this market to the extent.

Closed MRI Systems Market - By Region:

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • The Middle East and Africa

Geographically, North America is accounted for in leading the highest shares of the global closed MRI systems market with the rise in the revenue in most of the countries. Increased spending on healthcare is leveraging the demand of the market.

The Asia Pacific is next to North America in accounting for dominant shares of the market. Growing focus on promoting effective healthcare services to treat patients is spurring the growth of the market. Also, increasing the constructional activities of hospitals in support from the government and non-government organizations broadens the demand of the closed MRI systems market.

Europe has witnessed a tremendous growth rate from the past decade and is also expected to register the highest CAGR in foreseen years. Shifting trend towards modern technologies that are accurate and highly efficient in diagnosing a particular disease is accelerating the growth of the market. The Middle East and Africa are anticipated to have substantial growth opportunities in the coming years.

KEY MARKET PLAYERS:

Some of the noteworthy companies operating in the global closed MRI systems market profiled in this report 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 North America                          

                                6.1.1 Introduction           

                                6.1.2 United States         

                                6.1.3 Canada     

                6.3 Europe                         

                                6.2.1 Introduction           

                                6.2.2 U.K             

                                6.2.3 Spain         

                                6.2.4 Germany 

                                6.2.5 Italy            

                                6.2.6 France       

                6.4 Asia-Pacific                 

                                6.3.1 Introduction           

                                6.3.2 China         

                                6.3.3 India          

                                6.3.4 Japan         

                                6.3.5 Australia   

                                6.3.6 South Korea           

                6.5 Latin America                             

                                6.4.1 Introduction           

                                6.4.2 Brazil          

                                6.4.3 Argentina

                                6.4.4 Mexico     

                                6.4.5 Rest of Latin America          

                6.6 Middle East & Africa                               

                                6.5.1 Introduction           

                                6.5.2 Middle-East            

                                6.5.3 Africa         

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                              

  • Global, 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
  1. Global Closed MRI Market, By Region, From 2021 to 2026 (USD Million)
  2. Global Closed MRI Market, By Field Strength, From 2021 to 2026 (USD Million)
  3. Global low to mid field Market, By Region, From 2021 to 2026 (USD Million)
  4. Global High Field Market, By Region, From 2021 to 2026 (USD Million)
  5. Global Very High Field Market, By Region, From 2021 to 2026 (USD Million)
  6. Global Ultra High Field Market, By Region, From 2021 to 2026 (USD Million)
  7. Global Closed MRI Market, By Application, From 2021 to 2026 (USD Million)
  8. Global Brain Market, By Region, From 2021 to 2026 (USD Million)
  9. Global Abdominal Market, By Region, From 2021 to 2026 (USD Million)
  10. Global Cardiac Market, By Region, From 2021 to 2026 (USD Million)
  11. Global Spine Market, By Region, From 2021 to 2026 (USD Million)
  12. Global Breast Market, By Region, From 2021 to 2026 (USD Million)
  13. North America Closed MRI Market, By Field Strength, From 2021 to 2026 (USD Million)
  14. North America low to mid field Market, By Region, From 2021 to 2026 (USD Million)
  15. North America High Field Market, By Region, From 2021 to 2026 (USD Million)
  16. North America Very High Field Market, By Region, From 2021 to 2026 (USD Million)
  17. North America Ultra High Field Market, By Region, From 2021 to 2026 (USD Million)
  18. North America Closed MRI Market, By Application, From 2021 to 2026 (USD Million)
  19. North America Brain Market, By Region, From 2021 to 2026 (USD Million)
  20. North America Abdominal Market, By Region, From 2021 to 2026 (USD Million)
  21. North America Cardiac Market, By Region, From 2021 to 2026 (USD Million)
  22. North America Spine Market, By Region, From 2021 to 2026 (USD Million)
  23. North America Breast Market, By Region, From 2021 to 2026 (USD Million)
  24. United States Closed MRI Market, By Field Strength, From 2021 to 2026 (USD Million)
  25. United States Closed MRI Market, By Application, From 2021 to 2026 (USD Million)
  26. Canada Closed MRI Market, By Field Strength, From 2021 to 2026 (USD Million)
  27. Canada Closed MRI Market, By Application, From 2021 to 2026 (USD Million)
  28. Europe Closed MRI Market, By Field Strength, From 2021 to 2026 (USD Million)
  29. Europe low to mid field Market, By Region, From 2021 to 2026 (USD Million)
  30. Europe High Field Market, By Region, From 2021 to 2026 (USD Million)
  31. Europe Very High Field Market, By Region, From 2021 to 2026 (USD Million)
  32. Europe Ultra High Field Market, By Region, From 2021 to 2026 (USD Million)
  33. Europe Closed MRI Market, By Application, From 2021 to 2026 (USD Million)
  34. Europe Brain Market, By Region, From 2021 to 2026 (USD Million)
  35. Europe Abdominal Market, By Region, From 2021 to 2026 (USD Million)
  36. Europe Cardiac Market, By Region, From 2021 to 2026 (USD Million)
  37. Europe Spine Market, By Region, From 2021 to 2026 (USD Million)
  38. Europe Breast Market, By Region, From 2021 to 2026 (USD Million)
  39. U.K. Closed MRI Market, By Field Strength, From 2021 to 2026 (USD Million)
  40. U.K. Closed MRI Market, By Application, From 2021 to 2026 (USD Million)
  41. Germany Closed MRI Market, By Field Strength, From 2021 to 2026 (USD Million)
  42. Germany Closed MRI Market, By Application, From 2021 to 2026 (USD Million)
  43. France Closed MRI Market, By Field Strength, From 2021 to 2026 (USD Million)
  44. France Closed MRI Market, By Application, From 2021 to 2026 (USD Million)
  45. Italy Closed MRI Market, By Field Strength, From 2021 to 2026 (USD Million)
  46. Italy Closed MRI Market, By Application, From 2021 to 2026 (USD Million)
  47. Spain Closed MRI Market, By Field Strength, From 2021 to 2026 (USD Million)
  48. Spain Closed MRI Market, By Application, From 2021 to 2026 (USD Million)
  49. Asia-Pacific Closed MRI Market, By Field Strength, From 2021 to 2026 (USD Million)
  50. Asia-Pacific low to mid field Market, By Region, From 2021 to 2026 (USD Million)
  51. Asia-Pacific High Field Market, By Region, From 2021 to 2026 (USD Million)
  52. Asia-Pacific Very High Field Market, By Region, From 2021 to 2026 (USD Million)
  53. Asia-Pacific Ultra High Field Market, By Region, From 2021 to 2026 (USD Million)
  54. Asia-Pacific Closed MRI Market, By Application, From 2021 to 2026 (USD Million)
  55. Asia-Pacific Brain Market, By Region, From 2021 to 2026 (USD Million)
  56. Asia-Pacific Abdominal Market, By Region, From 2021 to 2026 (USD Million)
  57. Asia-Pacific Cardiac Market, By Region, From 2021 to 2026 (USD Million)
  58. Asia-Pacific Spine Market, By Region, From 2021 to 2026 (USD Million)
  59. Asia-Pacific Breast Market, By Region, From 2021 to 2026 (USD Million)
  60. Japan Closed MRI Market, By Field Strength, From 2021 to 2026 (USD Million)
  61. Japan Closed MRI Market, By Application, From 2021 to 2026 (USD Million)
  62. China Closed MRI Market, By Field Strength, From 2021 to 2026 (USD Million)
  63. China Closed MRI Market, By Application, From 2021 to 2026 (USD Million)
  64. India Closed MRI Market, By Field Strength, From 2021 to 2026 (USD Million)
  65. India Closed MRI Market, By Application, From 2021 to 2026 (USD Million)
  66. Australia Closed MRI Market, By Field Strength, From 2021 to 2026 (USD Million)
  67. Australia Closed MRI Market, By Application, From 2021 to 2026 (USD Million)
  68. South Korea Closed MRI Market, By Field Strength, From 2021 to 2026 (USD Million)
  69. South Korea Closed MRI Market, By Application, From 2021 to 2026 (USD Million)
  70. Latin America Closed MRI Market, By Field Strength, From 2021 to 2026 (USD Million)
  71. Latin America low to mid field Market, By Region, From 2021 to 2026 (USD Million)
  72. Latin America High Field Market, By Region, From 2021 to 2026 (USD Million)
  73. Latin America Very High Field Market, By Region, From 2021 to 2026 (USD Million)
  74. Latin America Ultra High Field Market, By Region, From 2021 to 2026 (USD Million)
  75. Latin America Closed MRI Market, By Application, From 2021 to 2026 (USD Million)
  76. Latin America Brain Market, By Region, From 2021 to 2026 (USD Million)
  77. Latin America Abdominal Market, By Region, From 2021 to 2026 (USD Million)
  78. Latin America Cardiac Market, By Region, From 2021 to 2026 (USD Million)
  79. Latin America Spine Market, By Region, From 2021 to 2026 (USD Million)
  80. Latin America Breast Market, By Region, From 2021 to 2026 (USD Million)
  81. Brazil Closed MRI Market, By Field Strength, From 2021 to 2026 (USD Million)
  82. Brazil Closed MRI Market, By Application, From 2021 to 2026 (USD Million)
  83. Argentina Closed MRI Market, By Field Strength, From 2021 to 2026 (USD Million)
  84. Argentina Closed MRI Market, By Application, From 2021 to 2026 (USD Million)
  85. Mexico Closed MRI Market, By Field Strength, From 2021 to 2026 (USD Million)
  86. Mexico Closed MRI Market, By Application, From 2021 to 2026 (USD Million)
  87. Rest of Latin America Closed MRI Market, By Field Strength, From 2021 to 2026 (USD Million)
  88. Rest of Latin America Closed MRI Market, By Application, From 2021 to 2026 (USD Million)
  89. Middle East & Africa Closed MRI Market, By Field Strength, From 2021 to 2026 (USD Million)
  90. Middle East & Africa low to mid field Market, By Region, From 2021 to 2026 (USD Million)
  91. Middle East & Africa High Field Market, By Region, From 2021 to 2026 (USD Million)
  92. Middle East & Africa Very High Field Market, By Region, From 2021 to 2026 (USD Million)
  93. Middle East & Africa Ultra High Field Market, By Region, From 2021 to 2026 (USD Million)
  94. Middle East & Africa Closed MRI Market, By Application, From 2021 to 2026 (USD Million)
  95. Middle East & Africa Brain Market, By Region, From 2021 to 2026 (USD Million)
  96. Middle East & Africa Abdominal Market, By Region, From 2021 to 2026 (USD Million)
  97. Middle East & Africa Cardiac Market, By Region, From 2021 to 2026 (USD Million)
  98. Middle East & Africa Spine Market, By Region, From 2021 to 2026 (USD Million)
  99. Middle East & Africa Breast Market, By Region, From 2021 to 2026 (USD Million)
  100. Middle East Closed MRI Market, By Field Strength, From 2021 to 2026 (USD Million)
  101. Middle East Closed MRI Market, By Application, From 2021 to 2026 (USD Million)
  102. Africa Closed MRI Market, By Field Strength, From 2021 to 2026 (USD Million)
  103. Africa Closed MRI Market, By Application, From 2021 to 2026 (USD Million)

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