Asia-Pacific Magnetic Resonance Imaging Devices Market – Industry Trends and Forecast to 2027

  • Medical Devices
  • Upcoming Report
  • Jan 2020
  • Asia-Pacific
  • 150 Pages
  • No of Tables: 30
  • No of Figures: 50

Asia-Pacific Magnetic Resonance Imaging Devices Market, By Field Strength (Low-To-Mid-Field MRI Systems (<1.5T), High-Field MRI Systems (1.5T to 3T), Very-High-Field MRI Systems (4T and Above)), Architecture (Closed MRI Systems, Open MRI Systems, Standard Bore MRI, Wide-Bore MRI), Application (Oncology, Musculoskeletal, Cardiology, Gastroenterology, Neurology, Others), End-Use (Hospitals, Imaging Centers, Ambulatory Surgical Centers, Others), Country (China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific), Market Trends and Forecast to 2027

Asia-Pacific Magnetic Resonance Imaging Devices Market

Market Analysis and Insights: Asia-Pacific Magnetic Resonance Imaging Devices Market

Magnetic resonance imaging devices market is expected to gain market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses the market to account to USD 1.34 billion by 2027 growing at a CAGR of 4.83% in the above-mentioned forecast period. The growth in market value can be attributed to increasing geriatric population and advancement in scanning techniques.

Discovery of new helium deposits along with growing awareness among people on early diagnosis are some major opportunities that will impact this markets growth in the forecast period of 2020 to 2027.

Magnetic resonance imaging (MRI) is a medical imaging tool used in radiology to produce images of the body's structure and physiological processes. MRI scanners utilize strong magnetic fields, magnetic field gradients, and radio waves to generate body organ pictures. MRI does not require X-rays or the use of ionizing radiation which separates it from CT or CAT scans and PET scans. Magnetic resonance imaging is a scientific use of nuclear magnetic resonance imaging (NMR). NMR can also be used for imaging in other NMR applications, such as NMR spectroscopy.

Some other factors hampering the growth of Asia-Pacific magnetic resonance imaging devices market includes high cost for MRI services and incompatibility with MRI devices in some patient populations, along with decreased reimbursement rates of MRI treatments and unclear results for health reforms.

This magnetic resonance imaging devices market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on magnetic resonance imaging devices market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Asia-Pacific Magnetic Resonance Imaging Devices Market Scope and Market Size

Magnetic Resonance Imaging Devices Market is segmented on the basis of field strength, architecture, application and end-use. Growth between segments helps you analyse niche growth pockets and strategies to approach the market and determine your core application areas and the difference in your target markets.

  • Based on the field strength, Asia-Pacific magnetic resonance imaging devices market is segmented into three segments as low-to-mid-field MRI systems (<1.5T), high-field MRI systems (1.5T to 3T) and very-high-field MRI systems (4T and above). High-field MRI systems (1.5T to 3T) is sub-segmented into 1.5T MRI systems and 3T MRI systems.
  • Based on the architecture, Asia-Pacific magnetic resonance imaging devices market is segmented into closed MRI systems, open MRI systems, standard bore MRI and wide-bore MRI.
  • Based on the application, Asia-Pacific magnetic resonance imaging devices market is segmented into oncology, musculoskeletal, cardiology, gastroenterology, neurology and others.
  • Asia-Pacific magnetic resonance imaging devices market is also segmented based on end-use and is segmented into hospitals, imaging centers, ambulatory surgical centers and others.

Magnetic Resonance Imaging Devices Market Country Level Analysis

Magnetic resonance imaging devices market is analysed and market size information is provided by country, field strength, architecture, application and end-use as referenced above.

The countries covered in the Asia-Pacific magnetic resonance imaging devices market report are China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines and Rest of Asia-Pacific in the Asia-Pacific.

The country section of the magnetic resonance imaging devices market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of regional brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

Healthcare Infrastructure Growth Installed Base and New Technology Penetration

Magnetic resonance imaging devices market report also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for magnetic resonance imaging devices market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the magnetic resonance imaging devices market. The data is available for the historic period 2010 to 2018.

Competitive Landscape and Magnetic Resonance Imaging Devices Market Share Analysis

Magnetic resonance imaging devices market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to magnetic resonance imaging devices market.

The major players of Asia-Pacific magnetic resonance imaging devices market covered in the report are 3M, Medtronic, GENERAL ELECTRIC COMPANY, ESAOTE SPA, Hitachi, Ltd, Siemens Healthcare Private Limited, CANON MEDICAL SYSTEMS CORPORATION, Koninklijke Philips N.V., TOSHIBA CORPORATION, Carestream Health, Hologic, Inc., Shimadzu Corporation, Neusoft Corporation, XinGaoYi Co., LTD, SHENZHEN BASDA MEDICAL APPARATUS CO., LTD and CR wandong among other domestic and regional players. Market share data is available for Asia-Pacific. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.

Customization Available : Asia-Pacific Magnetic Resonance Imaging Devices Market

Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customised to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analysed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report.


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