Europe Closed MRI System Market Analysis Report | 2021 to 2026

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Europe Closed MRI Systems Market Research Report – Segmented By Field Strength, Application and Country (United Kingdom, France, Spain, Germany, Italy, Russia, Sweden, Denmark, Switzerland, Netherlands and Rest of Europe) - Industry Analysis on Size, Share, Trends & Growth Forecast (2021 to 2026)

Pulished: April, 2021

ID: 2232

Pages: 133

Europe Closed MRI System Market Size (2021 to 2026)

The size of Europe Closed MRI Systems Market was worth USD 1.13 billion in 2021 and is expected to reach USD 1.35 billion by 2026, growing at a CAGR of 4.60% from 2021 to 2026.

Closed MRI is a scan that utilizes the magnetic field and pulses from Radio wave energy to make pictures of internal parts of our body. Closed MRI is generally more powerful with higher field strength and clarifies the malfunctioned part of the body. Closed MRI is completely closed on all sides. The market is expected to increase at a significant rate during the forecast period due to pacemakers' development.

There are many drivers in this market like an increase in the aging population, developments in MRI techniques, Developing Markets, software Applications, and MRI-compatible pacemakers. But some of the factors like the high cost of MRI systems, draining helium gas deposits, declining reimbursement rates, lack of skilled labor, and complexity of machines are restraining the market. Europe is a developed market for MRI Systems. Owing to Eurozone debt Crisis, Europe is estimated to have slow growth.

This research report on the European Closed MRI System Market segmented and sub-segmented into the following categories.

By Application:

Brain
Spine
Cardiac
Breast
Abdomen

By Field Strength:

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

By Country:

United Kingdom
France
Spain
Germany
Italy
Russia
Sweden
Denmark
Switzerland
Netherlands
Rest of Europe

Notable companies dominating the European Closed MRI System Market profiled in the 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 U.K

6.3 Spain

6.4 Germany

6.5 Italy

6.6 France

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