Latin America 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 (2016-2021).

Latin America 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 (2016-2021).

ID: 2343 | Pages: 190 | May 2017 | Region: Latin America


Latin America open MRI Systems Market was worth 170 million USD in 2016 and is expected to grow at a CAGR OF 8.20% and reach 250 million USD by 2021. 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 injury, tumors, Bleeding, Infection or Blood Vessel Diseases. It is also used to see a problem encountered on x-ray or CT scan. MRI can take pictures of Spine, Head, Brain, cardiac, Abdominal, 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. While some other factors like high cost of MRI systems, declining reimbursement rates, draining helium gas deposits, lack of skilled labor and complexity of machines have been restraining the market. Latin America is one of the developing markets owing to its growing economy.

The Open MRI Systems market is segmented based on field strength, Application. Based on field Strength, Open MRI Systems are further Segmented into low to mid 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. Based on Geography, Latin America is further segmented in to brazil and the rest of Latin America.

Major 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 Brazil                             

                6.3 Mexico                         

                6.4 Rest of Latin America                             

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. Latin America Open MRI Systems Market By Field Strength, From 2016-2021 ( USD Million )
  2. Latin America Low to Mid Field Market By Region, From 2016-2021 ( USD Million )
  3. Latin America Open MRI Systems Market By Application, From 2016-2021 ( USD Million )
  4. Latin America Brain Market By Region, From 2016-2021 ( USD Million )
  5. Latin America Spine Market By Region, From 2016-2021 ( USD Million )
  6. Latin America Cardiac Market By Region, From 2016-2021 ( USD Million )
  7. Latin America Abdominal Market By Region, From 2016-2021 ( USD Million )
  8. Latin America Breast Market By Region, From 2016-2021 ( USD Million )
  9. Brazil Open MRI Systems Market By Field Strength, From 2016-2021 ( USD Million )
  10. Brazil Open MRI Systems Market By Application, From 2016-2021 ( USD Million )
  11. Argentina Open MRI Systems Market By Field Strength, From 2016-2021 ( USD Million )
  12. Argentina Open MRI Systems Market By Application, From 2016-2021 ( USD Million )
  13. Mexico Open MRI Systems Market By Field Strength, From 2016-2021 ( USD Million )
  14. Mexico Open MRI Systems Market By Application, From 2016-2021 ( USD Million )
  15. Rest of Latin America Open MRI Systems Market By Field Strength, From 2016-2021 ( USD Million )
  16. Rest of Latin America Open MRI Systems Market By Application, From 2016-2021 ( USD Million )
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