Insights into Evolution: MRI Market Forecast and Projections 2023-2030

MRI Market – Global Industry Analysis and Forecast (2023-2029)

Global MRI Market was valued at USD 6.30 Bn in 2023 and is expected to reach USD 9.47 Bn by 2030, at a CAGR of 6 % during the forecast period.

MRI Market Overview:
The goal of this research is to give a comprehensive overview of the MRI Market by segment, industry, and geography. The research includes thorough information on the primary elements impacting the MRI Market industry’s growth. The research also includes an in-depth evaluation of the market’s value chain.

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Market Scope:

The research technique used to analyze and predict the MRI Market begins with the collection of revenue data from major suppliers using secondary research sources. Vendor offers are also taken into account while developing market segmentation. The income of big firms was used to estimate the overall size of the MRI Market using the bottom-up technique.

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by Technology

Closed MRI Systems
Open MRI Systems
Wide-bore MRI Systems

by Field Strength

Low-field MRI (Less than 1.0 Tesla)
Mid-field MRI (1.0 Tesla to 3.0 Tesla)
High-field MRI (Greater than 3.0 Tesla)

by Application


by End-User

Diagnostic Imaging Centers
Research Institutions
Ambulatory Surgical Centers

Key Players:

The major players covered in the MRI Market report are

North America:
1. GE Healthcare (United States)
1. Siemens Healthineers AG (United States)
2. Philips Healthcare (United States)
3. Canon Medical Systems Corporation (United States)
4. Hitachi Medical Corporation (United States)
5. Smart Scan Medical Imaging, LLC (Florida)

6. Aspect Imaging (Israel)
7. DMS Group (Brazil)
8. Esaote SpA (Italy)
9. Bracco Imaging S.p.A. (Italy)

10. Neusoft Medical Systems Co., Ltd. (China)
11. United Imaging Healthcare Co., Ltd. (China)
12. Mindray Medical International Limited (China)
13. Hologic, Inc. (Australia)
14. Toshiba Medical Systems Corporation (Japan)
15. Medison Co., Ltd. (South Korea)
16. Allengers Medical Systems Limited (India)

Middle East & Africa:
17. Alliance Medical Group (United Arab Emirates)
18. Al-Hayat Medical Center (Qatar)

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Regional Analysis:

A research team conducted extensive primary and secondary research for the worldwide industry’s MRI Market study. Secondary research has been conducted in order to improve the available data, segment the market, assess total market size, forecast market size, and growth rate. Various approaches for calculating market value and market growth rate have been established. Our staff collects market facts and data from many areas in order to provide a more realistic regional perspective. The research’s country-level analysis is developed by examining multiple regional stakeholders, regional tax laws and policies, consumer behavior, and macroeconomic indicators.

Separate market share data is provided for North America, Europe, Asia-Pacific, the Middle East and Africa, and South America. Analysts should maximize their competitive strengths and do competitive analysis on each rival independently.

COVID-19 Impact Analysis on MRI Market :

The MRI Market research also includes a complete assessment of COVID-19’s influence on the MRI Market based on import, suppliers, and market players.

Key Questions Answered in the MRI Market Report are:

Which segment was responsible for the largest share in the MRI Market ?How was the competitive scenario of the MRI Market in 2023?Which are the key factors responsible for the MRI Market growth?Which region held the maximum share in the MRI Market in 2023?

About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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