North America MRI Systems Market By Field Strength (Low -to Mid -Field, High Field, Very High Field, Ultra High Field), By Architecture (Open MRI, Closed MRI), By Application (Brain, Spine, Cardiac, Abdominal, Breast), And By Region – Industry Analysis, Share, Size, Growth, Trends, And Forecasts (2018-2023)
North America MRI Systems Market By Field Strength (Low -to Mid -Field, High Field, Very High Field, Ultra High Field), By Architecture (Open MRI, Closed MRI), By Application (Brain, Spine, Cardiac, Abdominal, Breast), And By Region – Industry Analysis, Share, Size, Growth, Trends, And Forecasts (2018-2023)
ID: 1963 | Pages: 137 | April 2018 | Region: North America
North America MRI Systems Market is expected to reach USD 2.4 billion by 2023 with a CAGR of 2.9 %, which was worth USD 2.08 billion in 2018. MRI may show problems that wasn’t seen by other imaging methods. MRI is a scan which utilizes magnetic field and pulses from Radio wave energy to make pictures of internal parts of our body.
MRI is used to see a problem encountered on x-ray or CT scan. MRI is mainly used for finding problems like tumors, injury, Bleeding, Blood Vessel Diseases, or Infection. MRI can take pictures of 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 like developments in MRI techniques, increase in aging population, open architecture, Developing Markets, and software Applications, and 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. This Another Driver in this region is its availability of advanced technology and high spending limit
The MRI Systems market is segmented based on field strength, application and architecture. Based on Architecture, market is further segmented in to Open MRI, Closed MRI. Based on Application, market is further segmented into Brain, Spine, Cardiac, Breast and Abdomen. Based on field Strength, MRI Systems are further Segmented into low to mid field, High Field, Very High Field, Ultra High Field. In this market, Brain and Neurological MRI holds the owing to rise in geriatric population and rise in early awareness levels. Ultra-high Field Strength is the fastest growing segment. High Field Strength is the most commonly used field strength in market because of increase in replacements and increasing adoption of advanced products. Based on Geography, North America is further segmented into U.S, Canada.
Key players in the MRI systems market 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
5.1.4 Very High Field
5.1.5 Ultra High Field
5.1.6 Y-o-Y Growth Analysis, By Field Strength
5.1.7 Market Attractiveness Analysis, By Type
5.1.8 Market Share Analysis, By Field Strength
5.2 Architecture .
5.2.1 Introduction
5.2.2 Open MRI
5.2.3 Closed MRI
5.2.4 Y-o-Y Growth Analysis, By Type
5.2.5 Market Attractiveness Analysis, By Type
5.2.6 Market Share Analysis, By Type
5.3 Application
5.3.1 Introduction
5.3.2 Brain
5.3.3 Cardiac
5.3.4 Abdominal
5.3.5 Spine
5.3.6 Breast
5.3.7 Y-o-Y Growth Analysis, By Application
5.3.8 Market Attractiveness Analysis, By Application
5.3.9 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 Architecture
6.1.3.4 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 Architecture
6.1.4.4 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 Architecture
6.1.5.4 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 organizations a strong financial foothold in the market
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- North America MRI Market Market By Field Strength, From 2018-2023 ( USD Billion )
- North America low to mid field Market By Region, From 2018-2023 ( USD Billion )
- North America High Field Market By Region, From 2018-2023 ( USD Billion )
- North America Very High Field Market By Region, From 2018-2023 ( USD Billion )
- North America Ultra High Field Market By Region, From 2018-2023 ( USD Billion )
- North America MRI Market Market By Application, From 2018-2023 ( USD Billion )
- North America Brain Market By Region, From 2018-2023 ( USD Billion )
- North America Abdominal Market By Region, From 2018-2023 ( USD Billion )
- North America Cardiac Market By Region, From 2018-2023 ( USD Billion )
- North America Spine Market By Region, From 2018-2023 ( USD Billion )
- North America Breast Market By Region, From 2018-2023 ( USD Billion )
- North America MRI Market Market By Architecture, From 2018-2023 ( USD Billion )
- North America Open MRI Market By Region, From 2018-2023 ( USD Billion )
- North America Closed MRI Market By Region, From 2018-2023 ( USD Billion )
- United States MRI Market Market By Field Strength, From 2018-2023 ( USD Billion )
- United States MRI Market Market By Application, From 2018-2023 ( USD Billion )
- United States MRI Market Market By Architecture, From 2018-2023 ( USD Billion )
- Canada MRI Market Market By Field Strength, From 2018-2023 ( USD Billion )
- Canada MRI Market Market By Application, From 2018-2023 ( USD Billion )
- Canada MRI Market Market By Architecture, From 2018-2023 ( USD Billion )
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