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The MRI Monitoring Devices Market To Encompass Home-Based Treatment

Monitoring is the continuous observation of a patient’s vital signs to identify changes in physiological parameters and avoid undesirable events. MRI monitoring devices are specifically designed for use in magnetic resonance environments, eliminating the difficulty of transporting patients to the MRI room.

These advanced systems help reduce the time intensive care patients spend in the treatment room while increasing MRI efficiency. These systems are developed with advanced features such as smart battery option, alarm system, touch screen option, lightweight, remote control, on-site monitoring, wireless connectivity and long lifespan.

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Market segmentation:

By product type

  • Basic MRI monitoring device
  • Advanced MRI monitoring device

by end user

  • hospital
  • clinic
  • diagnostic center

Conventional monitoring systems are not designed to operate in a magnetic resonance environment that uses electromagnetic fields. As MRI scanning is recognized as the standard examination for soft tissue imaging, there is a growing need to replace existing monitoring systems with these new MRI monitoring devices.

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Moreover, the wider availability and increasing use of MRI equipment also establishes a market for the adoption of such equipment in facilities, with the number of MRI scans reaching 30.2 million procedures in the United States in 2012.

As MRI systems evolve, continuous improvement of MRI monitoring devices is required to achieve higher performance and meet MRI compatibility requirements.

Geographically, the MRI monitoring device market can be segmented into five regions: North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. North America dominates the global MRI monitoring device market due to increasing adoption of advanced equipment in medical systems.

However, Asia Pacific will exhibit the highest growth rates in the next few years, owing to improved health care infrastructure, growing number of private hospitals, growing eligible patient populations and growing medical tourism. Latin America, followed by MEA, has the lowest market share and growth rate for the MRI monitoring device market during the forecast period.

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Some of the key players in the MRI Monitoring Devices market include General Electric Company, Koninklijke Philips NV, IRadimed Corporation, MIPM GmbH, and Bayer AG.

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