Global Portable MRI Market Size study, by Type (Superconducting-magnet-based portable MRI, Electromagnet-based portable MRI and Permanent-magnet-based portable MRI), by Imaging (General Brain Imaging, Headaches, Stroke, Non-Specific Muscular Weakness and Encephalopathy) and Regional Forecasts 2020-2028
Global Portable MRI Market is valued at approximately USD 3.68 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 6.82% over the forecast period 2020-2028. Portable MRI is a medical imaging system, which is used in radiology to produce pictures of the anatomy and the physiological processes of the body. It enables point-of-care applications for diagnostics. The increasing government spending & initiatives towards public health drives the market growth across the forecast period. For instance, according to The Commonwealth Fund, the United States spent 16.9 percent of gross domestic product on healthcare, OECD countries spent around 8.3 percent and Switzerland spent 12.2 towards public healthcare in 2018. The other driving factor for the market growth is the growing cases of cancer and cardiac diseases. For instance, according to the International Agency for Research on Cancer (IARC), in 2018 there were approximately 17 million cancer cases, and the number of cancer cases is expected to reach 27.5 million by 2040 worldwide. Also, rising technological advancements and increasing number of public and private diagnostic centres are likely to increase the market growth during the forecast period. However, high cost of products and complex scanning procedure impedes the growth of the market over the forecast period of 2020-2028.
The key regions considered for the global Portable MRI market study include Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading region across the world in terms of market share and is also anticipated to exhibit the highest growth rate over the forecast period 2020-2028 owing to the growing prevalence of diseases, new product launches and rising research and development activities.
Major market players included in this report are:
Aurora Imaging Technology Inc.
GE Healthcare
Toshiba Corporation
Siemens Healthineers
Canon Medical Systems
Hyperfine
Voxelgrids
Bruker Corporation
Koninklijke Philips N.V.
Hitachi Ltd.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type:
Superconducting-magnet-based portable MRI
Electromagnet-based portable MRI
Permanent-magnet-based portable MRI
By Imaging:
General Brain Imaging
Headaches
Stroke
Non-Specific Muscular Weakness
Encephalopathy
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028
Target Audience of the Global Portable MRI Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
Companies Mentioned
Aurora Imaging Technology Inc.
GE Healthcare
Toshiba Corporation
Siemens Healthineers
Canon Medical Systems
Hyperfine
Voxelgrids
Bruker Corporation
Koninklijke Philips N.V.
Hitachi Ltd.
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