According to the report Global MRI Market, published by Market Data Forecast, the global market is projected to reach USD 7.19 billion by 2021, at a CAGR of 5.1% from 2016 to 2021.
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The Global MRI Systems market was worth USD 5.61 billion and is expected to reach USD 7.19 billion by 2021 at a CAGR of 5.1 %. MRI is a scan which utilizes magnetic field and pulses from Radio wave energy to make pictures of internal parts of our body. This market is increasing at a constant rate because of recent developments.

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There are many drivers in this market like increase in aging population, developments in MRI techniques, Developing Markets, open architecture, and software Applications, and development of MRI compatible pacemakers. Advent of Hybrid MRI Systems provide new growth opportunities to the players in this market.

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The MRI Systems market is segmented based on field strength, Application, and Architecture. Based on field Strength, MRI Systems are further Segmented into low to mid field, High Field, Very High Field, Ultra High Field. Based on Architecture, market is segmented into open MRI, Closed MRI. Based on Application, market is further segmented into Brain, Spine, Cardiac, Breast and Abdomen.

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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.

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The Global MRI Market report offers wide-range of scope:
• Regional level analysis that provides an individual perspective of Middle-East and Africa region individually and on a whole
• Know more about key areas of industry growth via detailed Segment-level analysis on basis of product type and therapeutic type along with market size forecasts and y-o-y estimations
• Detailed explanation of major drivers, restraints, opportunities, and challenges (DROC) that affect the market and impact the ever-shifting market dynamics
• Strategic Analyses containing PESTLE and Porter’s Five Forces Analyses which are obtained by studying the macro & micro environmental factors that affect the market demographics
• Comprehensive listing of key market players along with Company overview, product portfolios, financials (subjected to availability), SWOT analysis and analyst overview
• 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
• Market Outlook - Investment opportunities devised by stand in experts to provide both individuals and organizations a strong financial foothold in the market

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