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Magnetic Resonance Imaging (MRI) System Market Revenue to Reach $5.24 Billion in 2018, from $4.13 Billion in 2013, at a CAGR of 4.56% - New Report by MarketsandMarkets
Date:6/16/2013

y MRI and MRI for brain, and neurological disorders.

Closed systems with high field strengths dominate the market due to their high clinical significance and higher image resolution. Technological advancements such as the introduction of MRI-compatible pacemakers and digital broadband scanners drive the growth of the MRI market. Aging population in developed countries and increasing cases of chronic diseases in developing economies accelerates the market growth from the demand side.

The use of MRI technology is expected to dilate globally owing to its significance in modern medical diagnosis for diverse biomedical applications. MRI systems for neurology and brain disorders command the current market, while cardiac MRI and breast MR systems are gaining momentum, due to rising cardiac and breast cancer cases globally.

With its ability to image anatomically and functionally, MRI has found its way into surgical applications and as well as in diffusion and perfusion imaging. It is being combined with other modalities such as PET, SPECT and ultrasound to achieve new heights of image clarity.

In brief, the highlights of the report are as follows:

-Comprehensive analysis of the market structure, along with forecast of the MRI market, based on magnet type, field strength, technology, and applications.
-Identification of factors driving and restraining the growth of MR imaging market for the next five years (2013-2018) with more emphasis on Helium shortage.
-Description of global technology developments with major emphasis on technological innovations by the corporate sector and collaborative efforts by academic institutions.
-Thorough analysis of current investors in the MRI market, highlighting investment opportunities based on architecture, field strengths, applications, and geography.
-Patent analysis based on geography, offers significant research and development carrying out in the market of MRI.
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Source: PRWeb
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