Magnetic Resonance Imaging (MRI) Systems Market 2026

Posted July 29, 2020 by tejasa

Magnetic resonance Imaging (MRI) is an advanced medical imaging technique employed to image the anatomy and physiological processes in the body of an individual.

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Magnetic resonance Imaging (MRI) is an advanced medical imaging technique employed to image the anatomy and physiological processes in the body of an individual. These images are formed by MRI scanners using high power magnets, strong magnetic fields, radio waves and magnetic field gradients. Magnetic resonance imaging systems does not use ionizing radiations, it is mainly favored over computed tomography (CT) scans. MRI is also considered to be a standard option for neuroimaging and investigating neurological cancers, as it provides better resolution images as compared to that of CT images.
It can also be used for musculoskeletal imaging, including spinal imaging, locating soft tissue tumors, and assessment of joint diseases. Apart from these applications, MRI can be a suitable option to examine sports injuries, vascular abnormalities, prostrate problems, pelvic problems of females, assessment of the gastrointestinal tract, and to investigate several conditions of nose, throat and ear. Patients with preexisting implants cannot be scanned with MRI.
According to The National Health Council (NHC) of United States, around 133 million cases of chronic diseases were reported in the country in 2014, which accounts to 40% of the total population of the country. Moreover, NHC suggests that around 75% of the total healthcare costs are the results of chronic diseases suggesting these population to be graving for proper diagnostic and imaging requirements, which could be fulfilled by MRI systems. According to Center for Disease Control (CDC), 2016, around 610,000 deaths are reported in the U.S. annually due to cardiac arrest and other cardiovascular diseases. This rate could be lowered if proper diagnostic and imaging technologies are available in the market leading to opportunities for advancement in the MRI systems market.
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Table of Contents
Top players in the market
The key players operating the global MRI systems market includes Seimens AG, Koninklijke Philips N.V., Aurora Imaging Technologies Inc., General Electric Company, Hitachi Ltd., Esaote SpA and Toshiba Corporation. These companies are dominating the global MRI systems market due to adopting policies like merger and acquisition, partnership and high investments in R&D.
Research methodology adopted by Coherent Market Insights
Coherent Market Insights followsa comprehensive research methodology focused on providing the most precise market analysis. The company leverages a data triangulation model which helps company to gauge the market dynamics and provide accurate estimates. Key components of the research methodologies followed for all our market reports include:
• Primary Research (Trade Surveys and Experts Interviews)
• Desk Research
• Proprietor Data Analytics Model
In addition to this, Coherent Market Insights has access to a wide range of the regional and global reputed paid data bases, which helps the company to figure out the regional and global market trends and dynamics. The company analyses the industry from the 360 Degree Perspective i.e. from the Supply Side and Demand Side which enables us to provide granular details of the entire ecosystem for each study. Finally, a Top-Down approach and Bottom-Up approach is followed to arrive at ultimate research findings.
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Issued By Coherent Market Insights
Country United States
Categories Business , Health , News
Last Updated July 29, 2020