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Pulished Date February, 2020
ID: 2231
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North America Closed MRI Systems Market Research Report – Segmented By Field Strength, Application and Country (The United States, Canada and Rest of North America) - Industry Analysis on Size, Share, Trends & Growth Forecast (2020 to 2025)

Pulished: February, 2020
ID: 2231
Pages: 190

North America Closed MRI System Market Size (2020 to 2025)

The size of North America Closed MRI Systems Market was valued at USD 1.42 billion in 2020. It is further expected to grow and worth USD 1.71 billion USD by 2025, growing at a CAGR of 3.80% between 2020 to 2025.

Closed MRI is a type of MRI that is generally used when we need clearer images of internal parts of the body. Closed MRI is completely closed on all sides, and it has higher field strength, which will attribute to its high-quality images. 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 developments in MRI techniques, an increase in the aging population, open architecture, Developing Markets and software applications, and the development of MRI-compatible pacemakers. But some of the factors like draining helium gas deposits, high cost of MRI systems, declining reimbursement rates, lack of skilled labor, and complexity of machines are restraining the market. Another Driver in this region is its availability of advanced technology and high spending limit.

This research report on North America 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: 

  • The United States
  • Canada
  • Rest of North America

In this market, Brain and Neurological MRI holds the owing to rise in the geriatric population and rise in early awareness levels. High Field Strength is the most commonly used field strength in the market because of the increase in replacements and the increasing adoption of advanced products.

Some of the prominent companies leading the North America 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 United States                                                            

                6.3 Canada                                                         

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
  1. North America Closed MRI Market, By Field Strength, From 2020 to 2025 (USD Billion)
  2. North America low to mid field Market, By Region, From 2020 to 2025 (USD Billion)
  3. North America High Field Market, By Region, From 2020 to 2025 (USD Billion)
  4. North America Very High Field Market, By Region, From 2020 to 2025 (USD Billion)
  5. North America Ultra High Field Market, By Region, From 2020 to 2025 (USD Billion)
  6. North America Closed MRI Market, By Application, From 2020 to 2025 (USD Billion)
  7. North America Brain Market, By Region, From 2020 to 2025 (USD Billion)
  8. North America Abdominal Market, By Region, From 2020 to 2025 (USD Billion)
  9. North America Cardiac Market, By Region, From 2020 to 2025 (USD Billion)
  10. North America Spine Market, By Region, From 2020 to 2025 (USD Billion)
  11. North America Breast Market, By Region, From 2020 to 2025 (USD Billion)
  12. United States Closed MRI Market, By Field Strength, From 2020 to 2025 (USD Billion)
  13. United States Closed MRI Market, By Application, From 2020 to 2025 (USD Billion)
  14. Canada Closed MRI Market, By Field Strength, From 2020 to 2025 (USD Billion)
  15. Canada Closed MRI Market, By Application, From 2020 to 2025 (USD Billion)

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