Magnetic Resonance Imaging Market by Type (Flexible Endoscopy Devices, Rigid Endoscopy Devices), Architecture (Closed MRI Systems, Open MRI Systems), Field Strength, Application - Global Forecast 2023-2030

Magnetic Resonance Imaging Market by Type (Flexible Endoscopy Devices, Rigid Endoscopy Devices), Architecture (Closed MRI Systems, Open MRI Systems), Field Strength, Application - Global Forecast 2023-2030


The Magnetic Resonance Imaging Market size was estimated at USD 6.05 billion in 2022 and expected to reach USD 6.47 billion in 2023, at a CAGR 7.13% to reach USD 10.50 billion by 2030.

Market Segmentation & Coverage:

This research report analyzes various sub-markets, forecasts revenues, and examines emerging trends in each category to provide a comprehensive outlook on the Magnetic Resonance Imaging Market.
  • Based on Type, market is studied across Flexible Endoscopy Devices and Rigid Endoscopy Devices. The Rigid Endoscopy Devices is projected to witness significant market share during forecast period.
  • Based on Architecture, market is studied across Closed MRI Systems and Open MRI Systems. The Open MRI Systems is projected to witness significant market share during forecast period.
  • Based on Field Strength, market is studied across High Field MRI Systems, Low Field MRI Systems, Ultra-High MRI Systems, and Very High Field MRI Systems. The Ultra-High MRI Systems is projected to witness significant market share during forecast period.
  • Based on Application, market is studied across Clinics and Hospitals. The Clinics is projected to witness significant market share during forecast period.
  • Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Americas commanded largest market share of 38.75% in 2022, followed by Europe, Middle East & Africa.
Market Statistics:

The report provides market sizing and forecasts across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF; multiple currency support helps organization leaders to make well-informed decisions. In this report, 2018 to 2021 are considered as historical years, 2022 is base year, 2023 is estimated year, and years from 2024 to 2030 are considered as forecast period.

FPNV Positioning Matrix:

The FPNV Positioning Matrix is an indispensable tool for assessing the Magnetic Resonance Imaging Market. It comprehensively evaluates vendors, analyzing key metrics related to Business Strategy and Product Satisfaction. This enables users to make informed decisions tailored to their specific needs. Through advanced analysis, vendors are categorized into four distinct quadrants, each representing a different level of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V). Be assured that this insightful framework empowers decision-makers to navigate the market with confidence.

Market Share Analysis:

The Market Share Analysis offers invaluable insights into the vendor landscape Magnetic Resonance Imaging Market. By evaluating their impact on overall revenue, customer base, and other key metrics, we provide companies with a comprehensive understanding of their performance and the competitive environment they confront. This analysis also uncovers the level of competition in terms of market share acquisition, fragmentation, dominance, and industry consolidation during the study period.

Key Company Profiles:

The report delves into recent significant developments in the Magnetic Resonance Imaging Market, highlighting leading vendors and their innovative profiles. These include Alltech Medical Systems America, Inc, ASG Superconductors SpA, Aspect Imaging Ltd., Aurora Imaging Technology Inc., Bruker Corporation, Canon, Inc., CentraCare Health System, Inc., Esaote SpA, Fonar Corporation, General Electric Company, Hitachi Ltd., Koninklijke Philips N.V., Neusoft Corporation, Shenzhen Anke High-Tech Co., Ltd., and Siemens Healthineers GmbH.

The report offers valuable insights on the following aspects:
  1. Market Penetration: It provides comprehensive information about key players' market dynamics and offerings.
  2. Market Development: In-depth analysis of emerging markets and penetration across mature market segments, highlighting lucrative opportunities.
  3. Market Diversification: Detailed information about new product launches, untapped geographies, recent developments, and investments.
  4. Competitive Assessment & Intelligence: Exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of leading players.
  5. Product Development & Innovation: Intelligent insights on future technologies, R&D activities, and breakthrough product developments.
The report addresses key questions such as:
  1. What is the market size and forecast for the Magnetic Resonance Imaging Market?
  2. Which products, segments, applications, and areas hold the highest investment potential in the Magnetic Resonance Imaging Market?
  3. What is the competitive strategic window for identifying opportunities in the Magnetic Resonance Imaging Market?
  4. What are the latest technology trends and regulatory frameworks in the Magnetic Resonance Imaging Market?
  5. What is the market share of the leading vendors in the Magnetic Resonance Imaging Market?
  6. Which modes and strategic moves are suitable for entering the Magnetic Resonance Imaging Market?


Note: PDF & Excel + Online Access - 1 Year


1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Magnetic Resonance Imaging Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Increasing geriatric population and rising prevalence of cardiovascular diseases (CVDs)
5.1.1.2. Growing focus on the replacement of low-field MRI systems with high-field MRI systems
5.1.1.3. Technological advances of magnetic resonance imaging
5.1.2. Restraints
5.1.2.1. High cost of MRI system
5.1.3. Opportunities
5.1.3.1. Innovative application areas such as detection of multiple sclerosis and metastasis in cancer
5.1.3.2. Introduction of hybrid MRI systems
5.1.4. Challenges
5.1.4.1. Incompatibility of MRI systems in some patient populations
5.2. Market Segmentation Analysis
5.3. Market Trend Analysis
5.4. Cumulative Impact of COVID-19
5.5. Cumulative Impact of Russia-Ukraine Conflict
5.6. Cumulative Impact of High Inflation
5.7. Porter’s Five Forces Analysis
5.7.1. Threat of New Entrants
5.7.2. Threat of Substitutes
5.7.3. Bargaining Power of Customers
5.7.4. Bargaining Power of Suppliers
5.7.5. Industry Rivalry
5.8. Value Chain & Critical Path Analysis
5.9. Regulatory Framework
5.10. Client Customization
6. Magnetic Resonance Imaging Market, by Type
6.1. Introduction
6.2. Flexible Endoscopy Devices
6.3. Rigid Endoscopy Devices
7. Magnetic Resonance Imaging Market, by Architecture
7.1. Introduction
7.2. Closed MRI Systems
7.3. Open MRI Systems
8. Magnetic Resonance Imaging Market, by Field Strength
8.1. Introduction
8.2. High Field MRI Systems
8.3. Low Field MRI Systems
8.4. Ultra-High MRI Systems
8.5. Very High Field MRI Systems
9. Magnetic Resonance Imaging Market, by Application
9.1. Introduction
9.2. Clinics
9.3. Hospitals
10. Americas Magnetic Resonance Imaging Market
10.1. Introduction
10.2. Argentina
10.3. Brazil
10.4. Canada
10.5. Mexico
10.6. United States
11. Asia-Pacific Magnetic Resonance Imaging Market
11.1. Introduction
11.2. Australia
11.3. China
11.4. India
11.5. Indonesia
11.6. Japan
11.7. Malaysia
11.8. Philippines
11.9. Singapore
11.10. South Korea
11.11. Taiwan
11.12. Thailand
11.13. Vietnam
12. Europe, Middle East & Africa Magnetic Resonance Imaging Market
12.1. Introduction
12.2. Denmark
12.3. Egypt
12.4. Finland
12.5. France
12.6. Germany
12.7. Israel
12.8. Italy
12.9. Netherlands
12.10. Nigeria
12.11. Norway
12.12. Poland
12.13. Qatar
12.14. Russia
12.15. Saudi Arabia
12.16. South Africa
12.17. Spain
12.18. Sweden
12.19. Switzerland
12.20. Turkey
12.21. United Arab Emirates
12.22. United Kingdom
13. Competitive Landscape
13.1. FPNV Positioning Matrix
13.2. Market Share Analysis, By Key Player
13.3. Competitive Scenario Analysis, By Key Player
14. Competitive Portfolio
14.1. Key Company Profiles
14.1.1. Alltech Medical Systems America, Inc
14.1.2. ASG Superconductors SpA
14.1.3. Aspect Imaging Ltd.
14.1.4. Aurora Imaging Technology Inc.
14.1.5. Bruker Corporation
14.1.6. Canon, Inc.
14.1.7. CentraCare Health System, Inc.
14.1.8. Esaote SpA
14.1.9. Fonar Corporation
14.1.10. General Electric Company
14.1.11. Hitachi Ltd.
14.1.12. Koninklijke Philips N.V.
14.1.13. Neusoft Corporation
14.1.14. Shenzhen Anke High-Tech Co., Ltd.
14.1.15. Siemens Healthineers GmbH
14.2. Key Product Portfolio
15. Appendix
15.1. Discussion Guide
15.2. License & Pricing

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