Global Magnetic Particle Imaging Market, By Type (Tracer, MPI Scanner, Others) Modality (Magnetic Resonance Imaging, Positron Emission Tomography), Application (Vascular Imaging, Perfusion Imaging, Blood Pool Imaging, Neuroimaging, Localized Hyperthermia, Oncology Imaging, Cell Tracking, Inflammation Imaging, Trauma Imaging), End User (Hospitals, Specialty Clinics), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East & Africa) Industry Trends and Forecast to 2028.
Market Analysis and Insights of Magnetic Particle Imaging Market
Magnetic particle imaging market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the market to grow at a CAGR of 14.32% in the above-mentioned forecast period.
Magnetic particle imaging (MPI) is a tomographic cutting-edge medical imaging technique, which allows detecting and tracing of materials and magnetic particles and provides fast resolution and fast imaging technique by directly scanning superparamagnetic iron oxide nanoparticles (SPIONs) as an imaging tracer.
The prevalence of increasing disease related to blood vessel such as angina pectoris is primarily responsible for driving the growth of the magnetic particle imaging market. Additionally, the surging geriatric population who are more prone towards surgical treatments and procedures and rising healthcare expenditures towards surgery procedures also heighten the overall growth of the market. However, the high installation cost of machinery and equipment coupled with several technological and procedural limitations are estimated to hamper the market’s growth.
The advancement in 2D to 3D technology is expected to generate new opportunities for the market. On the other hand, the stringent government regulations and guidelines are projected to be a major challenge for the market’s growth.
This magnetic particle imaging 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 Data Bridge Market Research magnetic particle imaging market contact us for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Magnetic Particle Imaging Market Scope and Market Size
Magnetic particle imaging market is segmented on the basis of type, modality, applications and end user. The growth amongst these segments will help you analyze meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- On the basis of type, the magnetic particle imaging market is segmented into tracer, MPI scanner and others.
- On the basis of modality, magnetic particle imaging market is segmented into magnetic resonance imaging and positron emission tomography.
- On the basis of applications, the magnetic particle imaging market is segmented into vascular imaging, perfusion imaging, blood pool imaging, neuroimaging, localized hyperthermia, oncology imaging, cell tracking, inflammation imaging and trauma imaging.
- On the basis of end user, the magnetic particle imaging market is segregated into hospitals, and specialty clinics.
Magnetic Particle Imaging Market Country Level Analysis
Magnetic particle imaging market is analyzed and market size insights and trends are provided by type, modality, applications and end user as referenced above.
The countries covered in the magnetic particle imaging market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the magnetic particle imaging market due to the high adoption of the 3D printed organs technology within the region. Asia-Pacific is expected to show a rapid and lucrative growth rate in the forecast period of 2021 to 2028 owing to the rise in healthcare sector and rise in number of population suffering from chronic diseases.
The country section of the magnetic particle imaging 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 global 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 particle imaging market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment’s, installed base of different kind of products for magnetic particle imaging market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the magnetic particle imaging market. The data is available for historic period 2011 to 2019.
Competitive Landscape and Magnetic Particle Imaging Market Share Analysis
Magnetic particle imaging 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 particle imaging market.
The major players covered in the magnetic particle imaging market report are Bruker, Magnetic Insight, Inc, FUJIFILM Holdings Corporation, Mediso Ltd, MILabs B.V., Northridge Tri-Modality Imaging, Inc., GENERAL ELECTRIC, Koninklijke Philips N.V., MR Solutions, Mirion Technologies (Capintec), Inc., BERTHOLD TECHNOLOGIES GmbH & Co. KG, FUJIFILM Healthcare Europe, LI-COR Inc, Angstrom Advanced Inc., Pure Devices GmbH, Miltenyi Biotec, CMR Naviscan, Perkin Elmer, COMSOL INC among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.