Open MRI Systems Market

Open MRI Systems Market Size, Share, Growth Analysis, By Field Strength(Low, Medium), By Application(Brain, Spine), By Regional(North America, Europe) - Industry Forecast 2024-2031


Report ID: UCMIG35A2394 | Region: Global | Published Date: Upcoming |
Pages: 165 | Tables: 55 | Figures: 60

Open MRI Systems Market Insights

Market Overview:

The global open MRI systems market was worth USD 906.0 million in 2018 and is expected to grow at a 6.4% CAGR by 2026. Growing prevalence of age-related chronic illnesses, changing lifestyles, and a high demand for safe and accurate diagnostic technologies are among the primary drivers projected to fuel market expansion. According to the American Cancer Society, spinal cord and brain cancer accounted for around 1.3% of all cancers in the United States in 2016. The growing demand for early and precise diagnostic tools is likely to boost development over the forecast period.

Open MRI Systems Market, Forecast & Y-O-Y Growth Rate, 2020 - 2028
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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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FAQs

The market for Open MRI Systems was estimated to be valued at US$ XX Mn in 2021.

The Open MRI Systems Market is estimated to grow at a CAGR of XX% by 2028.

The Open MRI Systems Market is segmented on the basis of Field Strength, Application, Regional.

Based on region, the Open MRI Systems Market is segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America.

The key players operating in the Open MRI Systems Market are GE Healthcare, Hitachi Medical Systems, Koninklijke Philips, Siemens Healthcare, Canon Medical Systems Corporation, ESAOTE.

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Open MRI Systems Market

Product ID: UCMIG35A2394

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