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MRI Systems Market is expected to witness a significant volume CAGR of approximately 6.5% : 2022-2032

The most recent report from Persistence Market Research on the MRI Systems Market assesses the opportunities and existing market environment and offers in-depth research and updates on pertinent areas affecting the market. The study provides in-depth analysis of the market’s present dynamics, including its drivers, constraints, trends, and prospects. The market study’s main goal is to provide unique information about the market’s performance over the predicted period of 2021–2031.

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This thorough report contains a Year-on-Year (Y-o-Y) growth analysis of the market and compounded annual growth rate (CAGR), which are both extensively discussed in Persistence Industry Research’s study. These are key indicators for the market’s successful growth and are offered. This research study can support readers to know the demand for MRI systems market and the quantitative development opportunities during the study period.

Investors, manufacturers, service providers, distributors, and suppliers are among the stakeholders who will benefit from the research and may use it to design effective business plans to succeed in the MRI systems market. Shareholders in the MRI systems market, industry experts, investors, researchers, and reporters, as well as business enthusiasts, can benefit from the insights and information provided in this Persistence Market Research analysis.

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The current analysis also includes market statistics and data pertaining to macro- and micro-economic factors influencing the business environment in the MRI systems market. Substantive insights are also found in this research, depending on possible developments in the market.

Companies

    • GE Healthcare
    • Koninklijke Philips N.V.,
    • Siemens Healthineers
    • Neusoft Medical Systems
    • Aspect Imaging
    • Canon Medical Systems, Inc.,
    • Hitachi Medical Systems
    • Esaote S.p.A
    • Fonar Corporation
    • AllTech Medical Systems

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Key Segments Covered in MRI Systems Market Industry Research

By Strength Type

    • <0.5T MRI Systems
    • 5T MRI Systems
    • 3T MRI Systems
    • >3T MRI Systems

By Architecture Type

    • Open MRI Systems
    • Closed MRI Systems

By End User

    • MRI Systems for Hospitals
    • MRI Systems for Ambulatory Surgical Centres
    • MRI Systems for Diagnostic Centres
    • MRI Systems for Academic & Research Institutes

Category-wise Insights

Why are 1.5T Strength MRI Systems Market Hugely Popular across Regions?

By strength type, 1.5T MRI systems hold a high market share of 46.7%, and the segment is set to expand at CAGR of 6.4% through 2031. In the United States and other key geographies, 1.5T short-bore MRI machines are considered regular technology for MRI scanners. A 1.5T strength MRI machine is faster than a lower strength MRI system and is suitable for abdominal and chest MRI scans. A 1.5T magnet produces more signal than a 1.2T magnet, and that extra output can be used to run shorter scan durations, minimise any motion distortion, and provide higher-quality images.

Will Open MRI Systems Continue to Account for the Highest Market Share by Architecture?

By architecture type, open MRI systems hold around 57.6% of the market share, and this trend is expected to be continued throughout the forecast period. Open magnetic resonance imaging devices reduce claustrophobia and deliver optimal patient comfort, especially for oversized/obese patients.

Additionally, cryogen-free open MRI systems that use permanent magnets reduce maintenance expenses, proving to be a cost-effective solution. Thus, the aforementioned factors are expected to positively drive demand growth of open MRI systems during the study period.

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