Navigation Links
Global Magnetic Resonance Imaging System Market – MRI 2018 Forecast & Analysis in New Research Report at ReportsnReports.com
Date:7/19/2013

Dallas, TX (PRWEB) July 20, 2013

The research service on Advances in MRI Systems Market (2013-2018) - Technology Trend Analysis - By Architecture, Field Strengths, Technology and Applications in Medical Diagnostics to Market Landscape Analysis - Estimates up to 2018, is an attempt to showcase the technology and market impact of existing and emerging MR systems having a huge growth potential in medical imaging for the coming five years.

Magnetic resonance imaging (MRI) is a medical imaging technique that makes use of magnetism, radio waves, and a computer to produce images of body structures. MRI scans have a wide variety of applications in disease diagnosis ranging from neuroscans, cardiac, and liver scans. Closed MR imaging systems command the market due to the high clinical value delivered by the systems.

MR imaging has become the preferred diagnostic imaging method for imaging the central nervous system, particularly for detecting brain tumors, spine lesions, imaging blood vessels, and stroke-affected areas of the brain. This technology has gained impetus from the keen interest shown in it by technology developers and manufacturers that wish to make it more patient friendly.

The current magnetic resonance imaging industry (http://www.reportsnreports.com/reports/239227-advances-in-magnetic-resonance-imaging-mri-system-market-2013-2018-technology-trend-analysis-by-architecture-field-strengths-technology-applications-in-medical-diagnostics-with-market-landscape-analysis-estimates-up-to-2018.html) is producing over 2,000 units per year. The global market for these systems values $4.13 billion, as of the first quarter of 2013, and is expected to grow at a CAGR of 4.56% reaching approximately around $5.24 billion by 2018. As of March 2013, North America dominates the market with nearly 40% share, followed by Europe due to technological developments for effective diagnostics and rapidly aging population. However, Asia is slated to grow at a high CAGR of 5.2% over the analysis period. Improved spending capability and physicians inclination towards MR imaging over other conventional medical imaging modalities is fuelling demand for MRI across this region. Asia holds enormous growth potential, particularly from countries with large population bases such as China and India. The demand is anticipated primarily from private hospitals compared to public hospitals. The adoption of MR imaging equipment market is also likely to grow owing to the rising incidences of cardiac diseases, neurological and oncological cases in the region.

Liquid helium, which has an extremely low boiling point of minus 452.07°F, is used for cooling the superconducting magnets of MR systems. A severe shortage in the availability of helium across the globe would affect significantly for MR OEMs. The prices for hospital-grade helium are anticipated to rise from 2013, leading to higher healthcare costs or, in the worst scenario, the need for an alternative technique for cooling MRI machines.

Moreover, changing healthcare reforms from early 2013 in the U.S. also resulted in 20-25% reimbursement cuts for MRI, affecting the global clinical OEMS, physicians and healthcare payers. Nevertheless, once market barriers of tight R&D budgets, high costs of MRI scans and alternate cooling systems are resolved, the industry is expected to grow considerably. With technology developers exploring many new applications, especially those involving cardiac and breast imaging, it was inevitable that magnetic resonance imaging would evolve into a highly sophisticated medical imaging tool.

Buy a copy of this report @ http://www.reportsnreports.com/purchase.aspx?name=239227. Alternatively, readers can get a discount @ http://www.reportsnreports.com/contacts/discount.aspx?name=239227.

Scope of the Report
This research report evaluates the global market of magnetic resonance imaging by architecture, field strength, technology market, application, and geography. The report analyzes geography; forecasting revenues and trends in each of the following submarkets:
By Architecture

  • Closed systems
  • Open systems
By Field Strength
  • Low field strength systems
  • Mid field strength systems
  • High field strength systems
By Technology
  • MR Angiogram
  • MR Venogram
  • Functional MRI
  • MR Spectroscopy
  • Others -Fusion MR
By Application
  • Whole Body MRI systems
  • Interventional MRI systems
  • MRI for Brain and Neurological disorder
  • Breast MRI systems
  • Cardiac MRI systems
  • MR systems for Other applications such as -; Chest, Neck, Upper and Lower extremities

By Geography

  • North America
  • The U.S.
  • Canada

Europe

  • France
  • Germany
•U.K.

Asia

  • China
  • Japan
  • India

ROW

  • Australia
  • Brazil
  • Israel
  • Russia

Each section provides market data, market drivers, trends and opportunities, top-selling products, key players, and competitive outlook.

Key Company Profiles: Aurora Imaging Technology, Agilent Technologies, Inc., ASG Superconductors S.P.A., Advanced Imaging Research, Inc. Dba Sree Medical Systems, Bartington Instruments, Ltd., Bayer Healthcare Pharmaceuticals, Biophan Technologies, Inc., Bruker Biospin GmbH, Doty Scientific, Inc.. Esaote S.P.A, Fonar Corporation, Ge Healthcare, Hitachi Medical Corporation, Imris, Inc., Lmt Lammers Medical Technology Gmbh, Philips Healthcare, Shenzhen Basda Medical Apparatus Co. Ltd., Siemens Healthcare, Toshiba Medical Systems Corporation, Insightec Ltd. and more.

Explore more reports on Medical Devices Market @ http://www.reportsnreports.com/market-research/medical-devices/ .

About US:
ReportsnReports.com is an online market research reports (http://www.reportsnreports.com/) library of 200,000+ reports and in-depth studies of 5000+ micro markets. Our database includes reports by leading publishers from across the globe.

Read the full story at http://www.prweb.com/releases/global-magnetic-resonance/imaging-system-market-mri/prweb10945700.htm.


'/>"/>
Source: PRWeb
Copyright©2012 Vocus, Inc.
All rights reserved

Related medicine news :

1. Global Catheters Market Will Reach USD 33.3 Billion in 2017: Transparency Market Research
2. Global Food Protection Institute to Exhibit at Institute of Food Technologists' Food Expo
3. j2 Global’s Annual Mid-Year Small Business Report Card: How SMBs Get Work Done
4. Breast Pumps Market Is Expected to Reach USD 1.03 Billion Globally in 2018 : Transparency Market Research
5. Marshall Fong Joins FMC BioPolymer as Global Marketing Director of Food Ingredients
6. Genetic Testing Market 2012-2016 - Global Genetic Testing Industry Share, Size,Trends, Analysis, Growth And Forecast Research Report To 2016
7. BCC Research Forecasts the Global Market for Sugar and Other Sweeteners to Reach Nearly $97.2 Billion by 2017: BCC Research
8. Medical Sensors Market Report Is Focused on Giving a Bird’s Eye-View of the Industry With Regards to Global Sensors Market in Healthcare – Report by MarketsandMarkets
9. Global Breast Cancer Market 2013: Latest Industry Analysis, Size, Share, Growth, Trends and Forecast Research Report Available at Marketresearchreports.biz
10. Global Biosensors Market Is Expected to Reach USD 18.9 Billion in 2018 - Transparency Market Research
11. Global Stem Cells Market - Industry Analysis, Size, Share, Growth, Trends and Forecast, 2012 - 2018
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:2/22/2017)... Northbrook, IL (PRWEB) , ... February 22, 2017 , ... ... stories, is proud to once again feature Heroes On The Water (HOW), a non-profit ... This season’s all new episode has series host ‘Mike D’ traveling to Lake Denmark, ...
(Date:2/22/2017)... (PRWEB) , ... February 22, 2017 , ... ... just as effective on smaller and sometimes harder to reach ones, according to ... presented at the International Stroke Conference in Houston by Ricardo A. Hanel, MD, ...
(Date:2/22/2017)... ... 2017 , ... Using the power of the internet, IdrisArkette.com has managed to ... period of just 24 months, thousands of individuals interested in a medical procedure managed ... “The internet is not getting quieter. In fact it’s becoming noisier by the day. ...
(Date:2/22/2017)... ... February 22, 2017 , ... ... related to spine practices, is featuring Michigan neurosurgeon Jay Jagannathan, M.D., as a ... of a small number of neurosurgeons in Michigan performing minimally invasive back surgery ...
(Date:2/22/2017)... ... February 22, 2017 , ... ... 72 percent of those report that family members or friends have also commented ... suffer from hearing loss wear hearing aids. One reason, suggested by 89 percent ...
Breaking Medicine News(10 mins):
(Date:2/22/2017)... Research and Markets has announced the addition of ... report to their offering. ... Dermatological conditions are one of the ... the US population suffers from at least one active skin ... market has remained saturated with established and generic products. However, ...
(Date:2/22/2017)... and PUNE, India , February 22, ... published by Allied Market Research, titled, "Radiology Information System Market ... Analysis and Industry Forecast, 2014-2022," the radiology information system market ... to reach $941 million by 2022, growing at a CAGR ... systems segment held over three-fifths share of the total market ...
(Date:2/22/2017)... 22, 2017 On Tuesday, ... Jones Industrial Average, and the S&P 500 edged ... nine sectors ended Tuesday,s trading session in bullish ... assessed the following Medical Instruments & Supplies equities ... C. R. Bard Inc. (NYSE: BCR), Glaukos Corporation ...
Breaking Medicine Technology: