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Global MRI Market 2016 Share, Trend, Segmentation and Forecast to 2020

Monday, November 7, 2016 1:01
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The global MRI systems market is estimated to reach $7 billion by 2020. The market is expected to register a CAGR of 6% between 2015 and 2020. There are two systems of screening available, the open and the closed type. The open MRI system has a faster growing market as it is preferred over the closed system alleviating claustrophobia in the patients. MRI is the tool of choice for medical investigations as it is more sensitive than CT and does not use ionizing radiations. MRI is widely used in the diagnosis of cancers, neurological and cardiac disorders. The increasing incidences of these diseases favor the fast growing MRI market. The United States, Europe and South East Asia hold about 80% of the market share but Asian countries like India and China have the fastest growing market as the large investments made in medical research and healthcare have resulted in advanced technologies. The affordability and awareness of medical health facilities have also increased in these countries. 

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The MRI systems market can be segmented on the basis of structure (Open, Closed and Standing), resolution (low field, mid field and high field), applications (Neurological, Gastrointestinal, Cardiology and Oncology) and regionally (North America, Europe, Asia-Pacific and the rest of the world). Some of the key players are GE (USA), Hitachi Medical Corporation (Japan), Philips Healthcare (Netherlands), Siemens Healthcare (USA) and Toshiba Medical Systems (Japan). 
Drivers: 
Increasing incidences of diseases and increasing aging population are the main drivers. The advancement of technology, increasing affordability, growing awareness and availability of healthcare facilities are other contributing factors to the growing market. 
Constraints: 
Though the technology is considered safe, the numbers of accidents associated have been increasing as the magnetic field is dangerous when the patients have embedded devices such as pacemakers and cochlear implants. 
What the report offers? 
1) Market Definition for the specified topic along with identification of key drivers and restraints for the market. 
2) Market analysis for the Global MRI Market in Healthcare Industry, with region specific assessments and competition analysis on a global and regional scale. 
3) Identification of factors instrumental in changing the market scenarios, rising prospective opportunities and identification of key companies which can influence the market on a global and regional scale. 
4) Extensively researched competitive landscape section with profiles of major companies along with their strategic initiatives and market shares. 
5)Identification and analysis of the Macro and Micro factors that affect the Global MRI Market in Healthcare Industry on both global and regional scale. 
6)A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.

Complete report details @ https://www.wiseguyreports.com/reports/364818-global-mri-market-growth-trends-and-forecasts-2015-2020      

Key points in table of content

INTRODUCTION 
Study deliverables 
Market Definition 
Sizing Units 
Base Currency 
Review and forecast period years 
General Study Assumptions 
RESEARCH METHODOLOGY 
Introduction 
Analysis Methodology 
Econometric forecast models 
Research Assumptions 
EXECUTIVE SUMMARY 
KEY INFERENCES 
MARKET OVERVIEW AND INDUSTRY TRENDS 
Current market scenario 
Technology Overview 
New developments in therapeutics 
Investment analysis 
Porters Five Force Analysis 
Bargaining Power of suppliers 
Bargaining power of buyers 
Degree of competition 
Threat of substitution 
Threat of new entrants 
DRIVERS, RESTRAINTS, OPPORTUNITIES AND CHALLENGES ANALYSIS (DROC) 
Market Drivers 
Increasing advancements in technology 
Increasing applications in clinical diagnosis boosting the market growth 
Increasing disease incidence 
Market Restraints 
Lack of Skilled professionals 
Increase in number of accidents 
Interpretation of complex data 
Lack of skilled professionals 
Market Opportunities 
Key Challenges 
Global MRI Market Segmentation, By Type 
Open System 
Closed System 
By resolution 
Straight/ Upright 
Low- Field Scanner 
Mid-field Scanner 
High-Field Scanner 
By Application 
Neurology 
Gastroentrology 
Cardiology 
Oncology

Global MRI Market, By Geography 
North America 
USA 
Canada 
Mexico 
Europe 
France 
UK 
Germany 
Italy 
Spain and Portugal 
Scandinavia 
BENELUX 
Asia-Pacific 
India 
China 
Japan 
South Korea 
Australia and New Zealand 
Rest of Asia Pacific 
Middle East and Africa 
GCC 
Egypt 
Morocco 
Algeria 
South Africa 
Rest of Middle East and Africa 
Latin America 
Brazil 
Argentina 
Rest of Latin America 
COMPETITIVE LANDSCAPE 
Mergers & Acquisitions 
New Product Launches 
Agreements, Collaborations & Partnerships 
KEY VENDORS 
GE Healthcare 
Hitachi Medical Corporation 
Philips Healthcare 
Siemens Healthcare 
Toshiba Medical Systems 
Analyst outlook for Investment Opportunities 
Future outlook of the market 
APPENDIX 
Abbreviations 
Bibliography 
Disclaimer

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Partner Relations & Marketing Manager

sales@wiseguyreports.com

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