Report ID: UCMIG35A2632
SkyQuest Technology's Magnetic resonance imaging coils market size, share and forecast Report is based on the analysis of market data and Industry trends impacting the global Magnetic Resonance Imaging Coils Market and the revenue of top companies operating in it. Market Size Data and Statistics are based on the comprehensive research by our Team of Analysts and Industry experts.
The size of the world market for magnetic resonance imaging coils was estimated at USD 7.98 billion in 2022, and it is anticipated to increase at a CAGR of 8.7% from 2023 to 2030. Several factors are driving the market, including rising demand for diagnostic imaging procedures, technological developments in MRI coil design, and an increase in the prevalence of chronic diseases like cancer, cardiovascular diseases, and neurological disorders. According to WHO estimates, cardiovascular illnesses claim 17.9 million lives annually, making them a major cause of death. This is expected to promote the development of improved imaging diagnostics and, in turn, the industry's expansion.

This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Health Care Equipment by segment aggregation, the contribution of the Health Care Equipment in Health Care Equipment & Services and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
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Report ID: UCMIG35A2632
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