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:
By Field Strength:
By Country:
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
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Feb 2020
