MRI System Market
MRI System Market Study by Open and Closed Architecture for Hospitals, Academics & Research Institutes, Ambulatory Surgical Centers, and Diagnostic Centers from 2024 to 2034
Analysis of MRI System Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
MRI System Market Outlook (2024 to 2034)
The global MRI system market size is estimated to be valued at US$ 10,491.7 million in 2024. The market is projected to register a healthy CAGR of 6.5% to accumulate a total of US$ 19,640.8 million in market revenue by 2034.
A surging rate of diseases drives the market growth. In 2023, for instance, the National Center for Health Statistics estimated that around 1,958,310 new cancer cases have emerged in the United States. Out of these, 609,820 cancer deaths were spotted.
The rising requirement for fast and effective diagnostic procedures is predicted to increase the adoption of MRI machines. As a result, several countries are installing MRI systems in healthcare centers.
Top Drivers that Spark Growth in the MRI System Market
- Growing demand for MRI systems to effectively diagnose multiple health conditions, like orthopedic and cardiovascular disorders, in early development stages. These systems help boost the success rate of therapy, consequently promoting acceptance of MRI systems.
- Increasing government initiatives and the booming healthcare sector are coupling to improve the access of masses to high-quality healthcare facilities.
- A widespread increase in the rate of diseases like spinal lesions, strokes, and tumors is raising the significance of MRI systems, which are used to identify conditions linked with these diseases.
- Disruptive technologies, like the integration of artificial intelligence (AI) in MRI systems, are contributing to progress in the market. In August 2023, for instance, FUJIFILM Healthcare Americas Corporation gained the United States FDA clearance for ECHELON Synergy, a 1.5 Tesla MRI system. The system deploys Synergy DLR, which harnesses artificial intelligence (AI) for effective Deep Learning Reconstruction (DLR).
| Report Attributes | Details |
|---|---|
| Estimated Market Value (2024E) | US$ 10,491.7 million |
| Forecasted Market Value (2034F) | US$ 19,640.8 million |
| Projected Growth Rate (2024 to 2034) | 6.5%CAGR |
| Open Architecture Type Growth Rate (2024 to 2034) | 6.4% CAGR |
| Hospital Segment Growth Rate (2024 to 2034) | 6.4% CAGR |
| North America Market Share (2024) | 31.3% |
| East Asia Market Share (2024) | 38.7% |
| Key Companies Profiled in the MRI System Industry Report |
|
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Which Trends Guide the Future of the MRI System Market?
“Technological Innovations to Increase Attractiveness of MRI Systems”
Breakthrough innovations in MRI technology like diffusion tensor imaging with neuroimaging and tractography, such as MR spectroscopy, functional imaging, and perfusion imaging. Additionally, increasing advancements in intraoperative MRI and its applications, like in neurosurgery, are predicted to increase the market growth. As a result, rising advancements in MRI technology focused on enhancing its utility throughout different applications are expected to propel market growth.
“Booming Demand for MRI Scans Among Geriatric Patients”
MRI system sales are increasing due to surging elderly patients, which is driven by reduced death rates and increasing life expectancy. According to the World Population Prospects 2022 report, people aged 65+ are expected to increase to 16% in 2050. This population base observes a more complex manifestation of diseases than the younger generation. Consequently, it increases the demand for innovative technologies to screen and treat patients.
MRI technology effectively characterizes many musculoskeletal diseases and detect invasion or tumors in soft tissue. As a result, healthcare providers are obtaining high-tech radiological imagers to meet geriatric patients’ requirements for intensive medical care.
Which Challenges Restrict Growth of the MRI System Market?
“High Costs Associated with Purchase and Installation Constrains Market Growth”
The MRI systems are expensive to buy and install, thus restricting their uptake in developing countries. Additionally, rising demand to discard helium gas deposits for effective cooling off of MRI machines is leading to increased wait times and reduced productivity. Thus lowering its consumption among end users. Furthermore, frequent product recalls and delayed product approval, primarily owing to strict regulatory framework, are adversely affecting the market growth.
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Region-wise Insights
Which Region Cuts a Larger Share in the MRI System Market?
“East Asia is Predicted to Occupy a 38.7% Share in the Global Market”
The East Asia MRI system industry boasts of a highly competitive market for MRI systems, thanks to the increasing count of players in the regional market. In 2024, the market is estimated to value US$ 4,055 million. With a projected CAGR of 7.7%, the East Asia market is forecast to attain US$ 8,481 million by 2034.
The regional growth is propelled by the rising geriatric population and surging demand for better, more efficient, and advanced imaging modalities. Further, the region is observing a boom in the tourism industry, which is reflected positively in the MRI system industry. Opportunities for key players emerge as the healthcare service sector expands, skilled healthcare staff increases, and advanced medical facilities and services rise in the region. In line with this, the availability of cost-effective healthcare services in East Asia, in comparison to developed countries, is also promoting market expansion.
How is North America Performing on a Global Scale?
“North America is Projected to Record a CAGR of 5.6% through 2034”
North America MRI system market is expected to grab a value share of 31.3% in 2024. The regional market is estimated to reach US$ 3,286 million in 2024. Expanding at a CAGR of 5.6%, the region is forecast to reach US$ 5,640 million by 2034.
The prevalence of chronic disorders like breast cancer, neurological diseases, and cardiovascular disorders is propelling the regional market. Breakthrough innovations, as well as the rising frequency of chronic disorders, are creating significant prospects for MRI systems.
Country-wise Insights
Which Country is Experiencing Rapid Growth?
“China is Observing Faster Growth Rate of 8.2% through 2034”
The China MRI system market is expected to acquire a value share of 67.1% in 2024. The market is estimated to reach US$ 2,722 million in 2024. Over the forecast period, the market in China is predicted to register a CAGR of 8.2% to accumulate US$ 6,003 million by 2034.
The market is expected to rise on account of increasing applications in the healthcare sector. Favorable funding to encourage installations by end-user facilities is also compelling market growth. Additionally, robust increases in the geriatric population, as well as diagnostic imaging centers, are contributing to market growth.
Which Country in North America Occupies Massive Market Share?
“The United States Possesses a Prominent Value Share of North America Market”
The United States is predicted to acquire a share of 97% in 2024. The market is estimated to account for US$ 3,186.9 million in 2024. By 2034, the United States market is forecast to achieve US$ 5,462.3 million, expanding at a CAGR of 5.5%.
The market is expected to be driven by increasing technological developments in MRI systems. Further, the rising prevalence of chronic diseases is increasing the count of radiological scans as physicians recommend diagnosis at an early stage. Thus raising the demand for an effective MRI.
What is the Growth Scope of Japan in the Next 10 Years?
“Japan is Projected to Register a 6.4% CAGR through 2034”
The MRI system market in Japan is estimated to accumulate US$ 1,132 million in 2024. By 2034, the market is forecast to gain US$ 2,103 million, recording a CAGR of 6.4% through this period.
The emerging trend of home healthcare is predicted to propel market growth. Apart from this, surging investments by government bodies in the healthcare sector are expected to favor sales of MRI systems in Japan. Growing awareness about the benefits of early diagnosis is anticipated to propel market growth.
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Segment-wise Insights
Which Strength Type Captures Prominent Market Share?
“1.5T Occupies a Commanding Share of 46.5%”
The 1.5T segment is estimated to attain US$ 4,875.4 million in 2024. By 2034, the segment is forecast to reach US$ 9,096.2 million, recording a CAGR of 6.4% through 2034. End users prefer machines with mid-level field strength as they capture high-precision images and are usually available at cost-effective prices. Thus increasing its popularity among healthcare providers.
Which End User Occupies a Leading Share in the MRI Systems Market?
“Hospitals Acquire a Larger Market Share of 42.8%”
The hospital segment is estimated to attain US$ 4,489.4 million in 2024. The segment is forecast to reach US$ 8,337.5 million by 2034, recording a CAGR of 6.4% through 2034. The segment is driven by the surging installation rate of MRI units in hospitals. Surging use of rapid MRI (rMRI) in trauma as well as emergency care centers, along with an increasing count of MRI installations in teaching hospitals, are propelling the segment’s growth.
Competitive Landscape
Key players in the MRI system market include GE Healthcare, Siemens Healthineers, Koninklijke Philips N.V., Esaote SPA, Fujifilm Holdings Corporation, Shimadzu Corporation, Aurora Imaging Technologies, Inc., Canon Medical Systems, Hitachi Healthcare, Hologic Inc., Bruker Corporation, and Others.
Market players are manufacturing high-field MRI machines to raise their adoption and use in the medical imaging domain. Mergers and acquisitions are expected to augment market development. Players are also considering expansion of their portfolio across different services.
Firms in the radiological imaging sector are working in association with academic institutions and healthcare organizations to create cutting-edge products. For increased growth, market players are concentrating on research and development activities of MRI systems.
Recent Developments in the MRI System Market
- Siemens Healthineers, in April 2023, launched a new production line for the development of MRI machines at its Bengaluru facility.
- Philips introduced an AI-powered MRI portfolio in November 2021. With this launch, the company aims to widen its product portfolio in imaging systems.
- Philips formed a partnership with the Walt Disney Company (EMEA) in March 2021. The partnership intends to test the influence of custom-made animation, such as specially-made Disney stories. This development allows staff and patients to personalize their environment to develop a relaxing environment.
Segmentation of MRI System Market Research
-
By Strength Type :
- <0.5T
- 1.5T
- 3T
- >3T
-
By Architecture Type :
- Open
- Close
-
By End User :
- Hospitals
- Academics and Research Institute
- Ambulatory Surgical Centers
- Diagnostic Centers
-
By Region :
- North America
- Europe
- Latin America
- East Asia
- South Asia and Oceania
- The Middle East and Africa
Table of Content
1. Executive Summary 1.1. Global Market Outlook 1.2. Demand-side Trends 1.3. Supply-side Trends 1.4. Technology Roadmap Analysis 1.5. Analysis and Recommendations 2. Market Overview 2.1. Market Coverage / Taxonomy 2.2. Market Definition / Scope / Limitations 3. Market Background 3.1. Market Dynamics 3.1.1. Drivers 3.1.2. Restraints 3.1.3. Opportunity 3.1.4. Trends 3.2. Scenario Forecast 3.2.1. Demand in Optimistic Scenario 3.2.2. Demand in Likely Scenario 3.2.3. Demand in Conservative Scenario 3.3. Opportunity Map Analysis 3.4. Product Life Cycle Analysis 3.5. Supply Chain Analysis 3.5.1. Supply Side Participants and their Roles 3.5.1.1. Producers 3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers) 3.5.1.3. Wholesalers and Distributors 3.5.2. Value Added and Value Created at Node in the Supply Chain 3.5.3. List of Raw Material Suppliers 3.5.4. List of Existing and Potential Buyer’s 3.6. Investment Feasibility Matrix 3.7. Value Chain Analysis 3.7.1. Profit Margin Analysis 3.7.2. Wholesalers and Distributors 3.7.3. Retailers 3.8. PESTLE and Porter’s Analysis 3.9. Regulatory Landscape 3.9.1. By Key Regions 3.9.2. By Key Countries 3.10. Regional Parent Market Outlook 3.11. Production and Consumption Statistics 3.12. Import and Export Statistics 4. Global Market Analysis 2019-2023 and Forecast, 2024-2034 4.1. Historical Market Size Value (US$ Million) & Volume (Units) Analysis, 2019-2023 4.2. Current and Future Market Size Value (US$ Million) & Volume (Units) Projections, 2024-2034 4.2.1. Y-o-Y Growth Trend Analysis 4.2.2. Absolute $ Opportunity Analysis 5. Global Market Analysis 2019-2023 and Forecast 2024-2034, By Architecture Type 5.1. Introduction / Key Findings 5.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Architecture Type, 2019-2023 5.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Architecture Type, 2024-2034 5.3.1. Open MRI Systems 5.3.2. Closed MRI Systems 5.4. Y-o-Y Growth Trend Analysis By Architecture Type, 2019-2023 5.5. Absolute $ Opportunity Analysis By Architecture Type, 2024-2034 6. Global Market Analysis 2019-2023 and Forecast 2024-2034, By Field strength 6.1. Introduction / Key Findings 6.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Field strength, 2019-2023 6.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Field strength, 2024-2034 6.3.1. Low-field Systems 6.3.2. High-field Systems 6.3.3. Medium-field Systems 6.4. Y-o-Y Growth Trend Analysis By Field strength, 2019-2023 6.5. Absolute $ Opportunity Analysis By Field strength, 2024-2034 7. Global Market Analysis 2019-2023 and Forecast 2024-2034, By Region 7.1. Introduction 7.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Region, 2019-2023 7.3. Current Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Region, 2024-2034 7.3.1. North America 7.3.2. Latin America 7.3.3. Western Europe 7.3.4. Eastern Europe 7.3.5. South Asia and Pacific 7.3.6. East Asia 7.3.7. Middle East and Africa 7.4. Market Attractiveness Analysis By Region 8. North America Market Analysis 2019-2023 and Forecast 2024-2034, By Country 8.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2019-2023 8.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2024-2034 8.2.1. By Country 8.2.1.1. U.S. 8.2.1.2. Canada 8.2.2. By Architecture Type 8.2.3. By Field strength 8.3. Market Attractiveness Analysis 8.3.1. By Country 8.3.2. By Architecture Type 8.3.3. By Field strength 8.4. Key Takeaways 9. Latin America Market Analysis 2019-2023 and Forecast 2024-2034, By Country 9.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2019-2023 9.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2024-2034 9.2.1. By Country 9.2.1.1. Brazil 9.2.1.2. Mexico 9.2.1.3. Rest of Latin America 9.2.2. By Architecture Type 9.2.3. By Field strength 9.3. Market Attractiveness Analysis 9.3.1. By Country 9.3.2. By Architecture Type 9.3.3. By Field strength 9.4. Key Takeaways 10. Western Europe Market Analysis 2019-2023 and Forecast 2024-2034, By Country 10.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2019-2023 10.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2024-2034 10.2.1. By Country 10.2.1.1. Germany 10.2.1.2. U.K. 10.2.1.3. France 10.2.1.4. Spain 10.2.1.5. Italy 10.2.1.6. Rest of Western Europe 10.2.2. By Architecture Type 10.2.3. By Field strength 10.3. Market Attractiveness Analysis 10.3.1. By Country 10.3.2. By Architecture Type 10.3.3. By Field strength 10.4. Key Takeaways 11. Eastern Europe Market Analysis 2019-2023 and Forecast 2024-2034, By Country 11.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2019-2023 11.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2024-2034 11.2.1. By Country 11.2.1.1. Poland 11.2.1.2. Russia 11.2.1.3. Czech Republic 11.2.1.4. Romania 11.2.1.5. Rest of Eastern Europe 11.2.2. By Architecture Type 11.2.3. By Field strength 11.3. Market Attractiveness Analysis 11.3.1. By Country 11.3.2. By Architecture Type 11.3.3. By Field strength 11.4. Key Takeaways 12. South Asia and Pacific Market Analysis 2019-2023 and Forecast 2024-2034, By Country 12.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2019-2023 12.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2024-2034 12.2.1. By Country 12.2.1.1. India 12.2.1.2. Bangladesh 12.2.1.3. Australia 12.2.1.4. New Zealand 12.2.1.5. Rest of South Asia and Pacific 12.2.2. By Architecture Type 12.2.3. By Field strength 12.3. Market Attractiveness Analysis 12.3.1. By Country 12.3.2. By Architecture Type 12.3.3. By Field strength 12.4. Key Takeaways 13. East Asia Market Analysis 2019-2023 and Forecast 2024-2034, By Country 13.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2019-2023 13.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2024-2034 13.2.1. By Country 13.2.1.1. China 13.2.1.2. Japan 13.2.1.3. South Korea 13.2.2. By Architecture Type 13.2.3. By Field strength 13.3. Market Attractiveness Analysis 13.3.1. By Country 13.3.2. By Architecture Type 13.3.3. By Field strength 13.4. Key Takeaways 14. Middle East and Africa Market Analysis 2019-2023 and Forecast 2024-2034, By Country 14.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2019-2023 14.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2024-2034 14.2.1. By Country 14.2.1.1. GCC Countries 14.2.1.2. South Africa 14.2.1.3. Israel 14.2.1.4. Rest of MEA 14.2.2. By Architecture Type 14.2.3. By Field strength 14.3. Market Attractiveness Analysis 14.3.1. By Country 14.3.2. By Architecture Type 14.3.3. By Field strength 14.4. Key Takeaways 15. Key Countries Market Analysis 15.1. U.S. 15.1.1. Pricing Analysis 15.1.2. Market Share Analysis, 2023 15.1.2.1. By Architecture Type 15.1.2.2. By Field strength 15.2. Canada 15.2.1. Pricing Analysis 15.2.2. Market Share Analysis, 2023 15.2.2.1. By Architecture Type 15.2.2.2. By Field strength 15.3. Brazil 15.3.1. Pricing Analysis 15.3.2. Market Share Analysis, 2023 15.3.2.1. By Architecture Type 15.3.2.2. By Field strength 15.4. Mexico 15.4.1. Pricing Analysis 15.4.2. Market Share Analysis, 2023 15.4.2.1. By Architecture Type 15.4.2.2. By Field strength 15.5. Germany 15.5.1. Pricing Analysis 15.5.2. Market Share Analysis, 2023 15.5.2.1. By Architecture Type 15.5.2.2. By Field strength 15.6. U.K. 15.6.1. Pricing Analysis 15.6.2. Market Share Analysis, 2023 15.6.2.1. By Architecture Type 15.6.2.2. By Field strength 15.7. France 15.7.1. Pricing Analysis 15.7.2. Market Share Analysis, 2023 15.7.2.1. By Architecture Type 15.7.2.2. By Field strength 15.8. Spain 15.8.1. Pricing Analysis 15.8.2. Market Share Analysis, 2023 15.8.2.1. By Architecture Type 15.8.2.2. By Field strength 15.9. Italy 15.9.1. Pricing Analysis 15.9.2. Market Share Analysis, 2023 15.9.2.1. By Architecture Type 15.9.2.2. By Field strength 15.10. Poland 15.10.1. Pricing Analysis 15.10.2. Market Share Analysis, 2023 15.10.2.1. By Architecture Type 15.10.2.2. By Field strength 15.11. Russia 15.11.1. Pricing Analysis 15.11.2. Market Share Analysis, 2023 15.11.2.1. By Architecture Type 15.11.2.2. By Field strength 15.12. Czech Republic 15.12.1. Pricing Analysis 15.12.2. Market Share Analysis, 2023 15.12.2.1. By Architecture Type 15.12.2.2. By Field strength 15.13. Romania 15.13.1. Pricing Analysis 15.13.2. Market Share Analysis, 2023 15.13.2.1. By Architecture Type 15.13.2.2. By Field strength 15.14. India 15.14.1. Pricing Analysis 15.14.2. Market Share Analysis, 2023 15.14.2.1. By Architecture Type 15.14.2.2. By Field strength 15.15. Bangladesh 15.15.1. Pricing Analysis 15.15.2. Market Share Analysis, 2023 15.15.2.1. By Architecture Type 15.15.2.2. By Field strength 15.16. Australia 15.16.1. Pricing Analysis 15.16.2. Market Share Analysis, 2023 15.16.2.1. By Architecture Type 15.16.2.2. By Field strength 15.17. New Zealand 15.17.1. Pricing Analysis 15.17.2. Market Share Analysis, 2023 15.17.2.1. By Architecture Type 15.17.2.2. By Field strength 15.18. China 15.18.1. Pricing Analysis 15.18.2. Market Share Analysis, 2023 15.18.2.1. By Architecture Type 15.18.2.2. By Field strength 15.19. Japan 15.19.1. Pricing Analysis 15.19.2. Market Share Analysis, 2023 15.19.2.1. By Architecture Type 15.19.2.2. By Field strength 15.20. South Korea 15.20.1. Pricing Analysis 15.20.2. Market Share Analysis, 2023 15.20.2.1. By Architecture Type 15.20.2.2. By Field strength 15.21. GCC Countries 15.21.1. Pricing Analysis 15.21.2. Market Share Analysis, 2023 15.21.2.1. By Architecture Type 15.21.2.2. By Field strength 15.22. South Africa 15.22.1. Pricing Analysis 15.22.2. Market Share Analysis, 2023 15.22.2.1. By Architecture Type 15.22.2.2. By Field strength 15.23. Israel 15.23.1. Pricing Analysis 15.23.2. Market Share Analysis, 2023 15.23.2.1. By Architecture Type 15.23.2.2. By Field strength 16. Market Structure Analysis 16.1. Competition Dashboard 16.2. Competition Benchmarking 16.3. Market Share Analysis of Top Players 16.3.1. By Regional 16.3.2. By Architecture Type 16.3.3. By Field strength 17. Competition Analysis 17.1. Competition Deep Dive 17.1.1. Barco N.V. 17.1.1.1. Overview 17.1.1.2. Product Portfolio 17.1.1.3. Profitability by Market Segments 17.1.1.4. Sales Footprint 17.1.1.5. Strategy Overview 17.1.1.5.1. Marketing Strategy 17.1.1.5.2. Product Strategy 17.1.1.5.3. Channel Strategy 17.1.2. General Electric Company (GE Healthcare) 17.1.2.1. Overview 17.1.2.2. Product Portfolio 17.1.2.3. Profitability by Market Segments 17.1.2.4. Sales Footprint 17.1.2.5. Strategy Overview 17.1.2.5.1. Marketing Strategy 17.1.2.5.2. Product Strategy 17.1.2.5.3. Channel Strategy 17.1.3. Hitachi, Ltd. (Hitachi Medical Corporation) 17.1.3.1. Overview 17.1.3.2. Product Portfolio 17.1.3.3. Profitability by Market Segments 17.1.3.4. Sales Footprint 17.1.3.5. Strategy Overview 17.1.3.5.1. Marketing Strategy 17.1.3.5.2. Product Strategy 17.1.3.5.3. Channel Strategy 17.1.4. Hologic Inc. 17.1.4.1. Overview 17.1.4.2. Product Portfolio 17.1.4.3. Profitability by Market Segments 17.1.4.4. Sales Footprint 17.1.4.5. Strategy Overview 17.1.4.5.1. Marketing Strategy 17.1.4.5.2. Product Strategy 17.1.4.5.3. Channel Strategy 17.1.5. Koninklijke Philips N.V. 17.1.5.1. Overview 17.1.5.2. Product Portfolio 17.1.5.3. Profitability by Market Segments 17.1.5.4. Sales Footprint 17.1.5.5. Strategy Overview 17.1.5.5.1. Marketing Strategy 17.1.5.5.2. Product Strategy 17.1.5.5.3. Channel Strategy 17.1.6. Nordion Inc. 17.1.6.1. Overview 17.1.6.2. Product Portfolio 17.1.6.3. Profitability by Market Segments 17.1.6.4. Sales Footprint 17.1.6.5. Strategy Overview 17.1.6.5.1. Marketing Strategy 17.1.6.5.2. Product Strategy 17.1.6.5.3. Channel Strategy 17.1.7. Onex Corporation (Carestream Health) 17.1.7.1. Overview 17.1.7.2. Product Portfolio 17.1.7.3. Profitability by Market Segments 17.1.7.4. Sales Footprint 17.1.7.5. Strategy Overview 17.1.7.5.1. Marketing Strategy 17.1.7.5.2. Product Strategy 17.1.7.5.3. Channel Strategy 17.1.8. Shimadzu Corporation 17.1.8.1. Overview 17.1.8.2. Product Portfolio 17.1.8.3. Profitability by Market Segments 17.1.8.4. Sales Footprint 17.1.8.5. Strategy Overview 17.1.8.5.1. Marketing Strategy 17.1.8.5.2. Product Strategy 17.1.8.5.3. Channel Strategy 17.1.9. Siemens AG (Siemens Healthcare) 17.1.9.1. Overview 17.1.9.2. Product Portfolio 17.1.9.3. Profitability by Market Segments 17.1.9.4. Sales Footprint 17.1.9.5. Strategy Overview 17.1.9.5.1. Marketing Strategy 17.1.9.5.2. Product Strategy 17.1.9.5.3. Channel Strategy 17.1.10. Toshiba Corporation (Toshiba Medical Systems Corporation) 17.1.10.1. Overview 17.1.10.2. Product Portfolio 17.1.10.3. Profitability by Market Segments 17.1.10.4. Sales Footprint 17.1.10.5. Strategy Overview 17.1.10.5.1. Marketing Strategy 17.1.10.5.2. Product Strategy 17.1.10.5.3. Channel Strategy 18. Assumptions & Acronyms Used 19. Research Methodology
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List Of Table
Table 1: Global Market Value (US$ Million) Forecast by Region, 2019-2034
Table 2: Global Market Volume (Units) Forecast by Region, 2019-2034
Table 3: Global Market Value (US$ Million) Forecast by Architecture Type, 2019-2034
Table 4: Global Market Volume (Units) Forecast by Architecture Type, 2019-2034
Table 5: Global Market Value (US$ Million) Forecast by Field strength, 2019-2034
Table 6: Global Market Volume (Units) Forecast by Field strength, 2019-2034
Table 7: North America Market Value (US$ Million) Forecast by Country, 2019-2034
Table 8: North America Market Volume (Units) Forecast by Country, 2019-2034
Table 9: North America Market Value (US$ Million) Forecast by Architecture Type, 2019-2034
Table 10: North America Market Volume (Units) Forecast by Architecture Type, 2019-2034
Table 11: North America Market Value (US$ Million) Forecast by Field strength, 2019-2034
Table 12: North America Market Volume (Units) Forecast by Field strength, 2019-2034
Table 13: Latin America Market Value (US$ Million) Forecast by Country, 2019-2034
Table 14: Latin America Market Volume (Units) Forecast by Country, 2019-2034
Table 15: Latin America Market Value (US$ Million) Forecast by Architecture Type, 2019-2034
Table 16: Latin America Market Volume (Units) Forecast by Architecture Type, 2019-2034
Table 17: Latin America Market Value (US$ Million) Forecast by Field strength, 2019-2034
Table 18: Latin America Market Volume (Units) Forecast by Field strength, 2019-2034
Table 19: Western Europe Market Value (US$ Million) Forecast by Country, 2019-2034
Table 20: Western Europe Market Volume (Units) Forecast by Country, 2019-2034
Table 21: Western Europe Market Value (US$ Million) Forecast by Architecture Type, 2019-2034
Table 22: Western Europe Market Volume (Units) Forecast by Architecture Type, 2019-2034
Table 23: Western Europe Market Value (US$ Million) Forecast by Field strength, 2019-2034
Table 24: Western Europe Market Volume (Units) Forecast by Field strength, 2019-2034
Table 25: Eastern Europe Market Value (US$ Million) Forecast by Country, 2019-2034
Table 26: Eastern Europe Market Volume (Units) Forecast by Country, 2019-2034
Table 27: Eastern Europe Market Value (US$ Million) Forecast by Architecture Type, 2019-2034
Table 28: Eastern Europe Market Volume (Units) Forecast by Architecture Type, 2019-2034
Table 29: Eastern Europe Market Value (US$ Million) Forecast by Field strength, 2019-2034
Table 30: Eastern Europe Market Volume (Units) Forecast by Field strength, 2019-2034
Table 31: South Asia and Pacific Market Value (US$ Million) Forecast by Country, 2019-2034
Table 32: South Asia and Pacific Market Volume (Units) Forecast by Country, 2019-2034
Table 33: South Asia and Pacific Market Value (US$ Million) Forecast by Architecture Type, 2019-2034
Table 34: South Asia and Pacific Market Volume (Units) Forecast by Architecture Type, 2019-2034
Table 35: South Asia and Pacific Market Value (US$ Million) Forecast by Field strength, 2019-2034
Table 36: South Asia and Pacific Market Volume (Units) Forecast by Field strength, 2019-2034
Table 37: East Asia Market Value (US$ Million) Forecast by Country, 2019-2034
Table 38: East Asia Market Volume (Units) Forecast by Country, 2019-2034
Table 39: East Asia Market Value (US$ Million) Forecast by Architecture Type, 2019-2034
Table 40: East Asia Market Volume (Units) Forecast by Architecture Type, 2019-2034
Table 41: East Asia Market Value (US$ Million) Forecast by Field strength, 2019-2034
Table 42: East Asia Market Volume (Units) Forecast by Field strength, 2019-2034
Table 43: Middle East and Africa Market Value (US$ Million) Forecast by Country, 2019-2034
Table 44: Middle East and Africa Market Volume (Units) Forecast by Country, 2019-2034
Table 45: Middle East and Africa Market Value (US$ Million) Forecast by Architecture Type, 2019-2034
Table 46: Middle East and Africa Market Volume (Units) Forecast by Architecture Type, 2019-2034
Table 47: Middle East and Africa Market Value (US$ Million) Forecast by Field strength, 2019-2034
Table 48: Middle East and Africa Market Volume (Units) Forecast by Field strength, 2019-2034
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List Of Figures
Figure 1: Global Market Value (US$ Million) by Architecture Type, 2024-2034
Figure 2: Global Market Value (US$ Million) by Field strength, 2024-2034
Figure 3: Global Market Value (US$ Million) by Region, 2024-2034
Figure 4: Global Market Value (US$ Million) Analysis by Region, 2019-2034
Figure 5: Global Market Volume (Units) Analysis by Region, 2019-2034
Figure 6: Global Market Value Share (%) and BPS Analysis by Region, 2024-2034
Figure 7: Global Market Y-o-Y Growth (%) Projections by Region, 2024-2034
Figure 8: Global Market Value (US$ Million) Analysis by Architecture Type, 2019-2034
Figure 9: Global Market Volume (Units) Analysis by Architecture Type, 2019-2034
Figure 10: Global Market Value Share (%) and BPS Analysis by Architecture Type, 2024-2034
Figure 11: Global Market Y-o-Y Growth (%) Projections by Architecture Type, 2024-2034
Figure 12: Global Market Value (US$ Million) Analysis by Field strength, 2019-2034
Figure 13: Global Market Volume (Units) Analysis by Field strength, 2019-2034
Figure 14: Global Market Value Share (%) and BPS Analysis by Field strength, 2024-2034
Figure 15: Global Market Y-o-Y Growth (%) Projections by Field strength, 2024-2034
Figure 16: Global Market Attractiveness by Architecture Type, 2024-2034
Figure 17: Global Market Attractiveness by Field strength, 2024-2034
Figure 18: Global Market Attractiveness by Region, 2024-2034
Figure 19: North America Market Value (US$ Million) by Architecture Type, 2024-2034
Figure 20: North America Market Value (US$ Million) by Field strength, 2024-2034
Figure 21: North America Market Value (US$ Million) by Country, 2024-2034
Figure 22: North America Market Value (US$ Million) Analysis by Country, 2019-2034
Figure 23: North America Market Volume (Units) Analysis by Country, 2019-2034
Figure 24: North America Market Value Share (%) and BPS Analysis by Country, 2024-2034
Figure 25: North America Market Y-o-Y Growth (%) Projections by Country, 2024-2034
Figure 26: North America Market Value (US$ Million) Analysis by Architecture Type, 2019-2034
Figure 27: North America Market Volume (Units) Analysis by Architecture Type, 2019-2034
Figure 28: North America Market Value Share (%) and BPS Analysis by Architecture Type, 2024-2034
Figure 29: North America Market Y-o-Y Growth (%) Projections by Architecture Type, 2024-2034
Figure 30: North America Market Value (US$ Million) Analysis by Field strength, 2019-2034
Figure 31: North America Market Volume (Units) Analysis by Field strength, 2019-2034
Figure 32: North America Market Value Share (%) and BPS Analysis by Field strength, 2024-2034
Figure 33: North America Market Y-o-Y Growth (%) Projections by Field strength, 2024-2034
Figure 34: North America Market Attractiveness by Architecture Type, 2024-2034
Figure 35: North America Market Attractiveness by Field strength, 2024-2034
Figure 36: North America Market Attractiveness by Country, 2024-2034
Figure 37: Latin America Market Value (US$ Million) by Architecture Type, 2024-2034
Figure 38: Latin America Market Value (US$ Million) by Field strength, 2024-2034
Figure 39: Latin America Market Value (US$ Million) by Country, 2024-2034
Figure 40: Latin America Market Value (US$ Million) Analysis by Country, 2019-2034
Figure 41: Latin America Market Volume (Units) Analysis by Country, 2019-2034
Figure 42: Latin America Market Value Share (%) and BPS Analysis by Country, 2024-2034
Figure 43: Latin America Market Y-o-Y Growth (%) Projections by Country, 2024-2034
Figure 44: Latin America Market Value (US$ Million) Analysis by Architecture Type, 2019-2034
Figure 45: Latin America Market Volume (Units) Analysis by Architecture Type, 2019-2034
Figure 46: Latin America Market Value Share (%) and BPS Analysis by Architecture Type, 2024-2034
Figure 47: Latin America Market Y-o-Y Growth (%) Projections by Architecture Type, 2024-2034
Figure 48: Latin America Market Value (US$ Million) Analysis by Field strength, 2019-2034
Figure 49: Latin America Market Volume (Units) Analysis by Field strength, 2019-2034
Figure 50: Latin America Market Value Share (%) and BPS Analysis by Field strength, 2024-2034
Figure 51: Latin America Market Y-o-Y Growth (%) Projections by Field strength, 2024-2034
Figure 52: Latin America Market Attractiveness by Architecture Type, 2024-2034
Figure 53: Latin America Market Attractiveness by Field strength, 2024-2034
Figure 54: Latin America Market Attractiveness by Country, 2024-2034
Figure 55: Western Europe Market Value (US$ Million) by Architecture Type, 2024-2034
Figure 56: Western Europe Market Value (US$ Million) by Field strength, 2024-2034
Figure 57: Western Europe Market Value (US$ Million) by Country, 2024-2034
Figure 58: Western Europe Market Value (US$ Million) Analysis by Country, 2019-2034
Figure 59: Western Europe Market Volume (Units) Analysis by Country, 2019-2034
Figure 60: Western Europe Market Value Share (%) and BPS Analysis by Country, 2024-2034
Figure 61: Western Europe Market Y-o-Y Growth (%) Projections by Country, 2024-2034
Figure 62: Western Europe Market Value (US$ Million) Analysis by Architecture Type, 2019-2034
Figure 63: Western Europe Market Volume (Units) Analysis by Architecture Type, 2019-2034
Figure 64: Western Europe Market Value Share (%) and BPS Analysis by Architecture Type, 2024-2034
Figure 65: Western Europe Market Y-o-Y Growth (%) Projections by Architecture Type, 2024-2034
Figure 66: Western Europe Market Value (US$ Million) Analysis by Field strength, 2019-2034
Figure 67: Western Europe Market Volume (Units) Analysis by Field strength, 2019-2034
Figure 68: Western Europe Market Value Share (%) and BPS Analysis by Field strength, 2024-2034
Figure 69: Western Europe Market Y-o-Y Growth (%) Projections by Field strength, 2024-2034
Figure 70: Western Europe Market Attractiveness by Architecture Type, 2024-2034
Figure 71: Western Europe Market Attractiveness by Field strength, 2024-2034
Figure 72: Western Europe Market Attractiveness by Country, 2024-2034
Figure 73: Eastern Europe Market Value (US$ Million) by Architecture Type, 2024-2034
Figure 74: Eastern Europe Market Value (US$ Million) by Field strength, 2024-2034
Figure 75: Eastern Europe Market Value (US$ Million) by Country, 2024-2034
Figure 76: Eastern Europe Market Value (US$ Million) Analysis by Country, 2019-2034
Figure 77: Eastern Europe Market Volume (Units) Analysis by Country, 2019-2034
Figure 78: Eastern Europe Market Value Share (%) and BPS Analysis by Country, 2024-2034
Figure 79: Eastern Europe Market Y-o-Y Growth (%) Projections by Country, 2024-2034
Figure 80: Eastern Europe Market Value (US$ Million) Analysis by Architecture Type, 2019-2034
Figure 81: Eastern Europe Market Volume (Units) Analysis by Architecture Type, 2019-2034
Figure 82: Eastern Europe Market Value Share (%) and BPS Analysis by Architecture Type, 2024-2034
Figure 83: Eastern Europe Market Y-o-Y Growth (%) Projections by Architecture Type, 2024-2034
Figure 84: Eastern Europe Market Value (US$ Million) Analysis by Field strength, 2019-2034
Figure 85: Eastern Europe Market Volume (Units) Analysis by Field strength, 2019-2034
Figure 86: Eastern Europe Market Value Share (%) and BPS Analysis by Field strength, 2024-2034
Figure 87: Eastern Europe Market Y-o-Y Growth (%) Projections by Field strength, 2024-2034
Figure 88: Eastern Europe Market Attractiveness by Architecture Type, 2024-2034
Figure 89: Eastern Europe Market Attractiveness by Field strength, 2024-2034
Figure 90: Eastern Europe Market Attractiveness by Country, 2024-2034
Figure 91: South Asia and Pacific Market Value (US$ Million) by Architecture Type, 2024-2034
Figure 92: South Asia and Pacific Market Value (US$ Million) by Field strength, 2024-2034
Figure 93: South Asia and Pacific Market Value (US$ Million) by Country, 2024-2034
Figure 94: South Asia and Pacific Market Value (US$ Million) Analysis by Country, 2019-2034
Figure 95: South Asia and Pacific Market Volume (Units) Analysis by Country, 2019-2034
Figure 96: South Asia and Pacific Market Value Share (%) and BPS Analysis by Country, 2024-2034
Figure 97: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Country, 2024-2034
Figure 98: South Asia and Pacific Market Value (US$ Million) Analysis by Architecture Type, 2019-2034
Figure 99: South Asia and Pacific Market Volume (Units) Analysis by Architecture Type, 2019-2034
Figure 100: South Asia and Pacific Market Value Share (%) and BPS Analysis by Architecture Type, 2024-2034
Figure 101: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Architecture Type, 2024-2034
Figure 102: South Asia and Pacific Market Value (US$ Million) Analysis by Field strength, 2019-2034
Figure 103: South Asia and Pacific Market Volume (Units) Analysis by Field strength, 2019-2034
Figure 104: South Asia and Pacific Market Value Share (%) and BPS Analysis by Field strength, 2024-2034
Figure 105: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Field strength, 2024-2034
Figure 106: South Asia and Pacific Market Attractiveness by Architecture Type, 2024-2034
Figure 107: South Asia and Pacific Market Attractiveness by Field strength, 2024-2034
Figure 108: South Asia and Pacific Market Attractiveness by Country, 2024-2034
Figure 109: East Asia Market Value (US$ Million) by Architecture Type, 2024-2034
Figure 110: East Asia Market Value (US$ Million) by Field strength, 2024-2034
Figure 111: East Asia Market Value (US$ Million) by Country, 2024-2034
Figure 112: East Asia Market Value (US$ Million) Analysis by Country, 2019-2034
Figure 113: East Asia Market Volume (Units) Analysis by Country, 2019-2034
Figure 114: East Asia Market Value Share (%) and BPS Analysis by Country, 2024-2034
Figure 115: East Asia Market Y-o-Y Growth (%) Projections by Country, 2024-2034
Figure 116: East Asia Market Value (US$ Million) Analysis by Architecture Type, 2019-2034
Figure 117: East Asia Market Volume (Units) Analysis by Architecture Type, 2019-2034
Figure 118: East Asia Market Value Share (%) and BPS Analysis by Architecture Type, 2024-2034
Figure 119: East Asia Market Y-o-Y Growth (%) Projections by Architecture Type, 2024-2034
Figure 120: East Asia Market Value (US$ Million) Analysis by Field strength, 2019-2034
Figure 121: East Asia Market Volume (Units) Analysis by Field strength, 2019-2034
Figure 122: East Asia Market Value Share (%) and BPS Analysis by Field strength, 2024-2034
Figure 123: East Asia Market Y-o-Y Growth (%) Projections by Field strength, 2024-2034
Figure 124: East Asia Market Attractiveness by Architecture Type, 2024-2034
Figure 125: East Asia Market Attractiveness by Field strength, 2024-2034
Figure 126: East Asia Market Attractiveness by Country, 2024-2034
Figure 127: Middle East and Africa Market Value (US$ Million) by Architecture Type, 2024-2034
Figure 128: Middle East and Africa Market Value (US$ Million) by Field strength, 2024-2034
Figure 129: Middle East and Africa Market Value (US$ Million) by Country, 2024-2034
Figure 130: Middle East and Africa Market Value (US$ Million) Analysis by Country, 2019-2034
Figure 131: Middle East and Africa Market Volume (Units) Analysis by Country, 2019-2034
Figure 132: Middle East and Africa Market Value Share (%) and BPS Analysis by Country, 2024-2034
Figure 133: Middle East and Africa Market Y-o-Y Growth (%) Projections by Country, 2024-2034
Figure 134: Middle East and Africa Market Value (US$ Million) Analysis by Architecture Type, 2019-2034
Figure 135: Middle East and Africa Market Volume (Units) Analysis by Architecture Type, 2019-2034
Figure 136: Middle East and Africa Market Value Share (%) and BPS Analysis by Architecture Type, 2024-2034
Figure 137: Middle East and Africa Market Y-o-Y Growth (%) Projections by Architecture Type, 2024-2034
Figure 138: Middle East and Africa Market Value (US$ Million) Analysis by Field strength, 2019-2034
Figure 139: Middle East and Africa Market Volume (Units) Analysis by Field strength, 2019-2034
Figure 140: Middle East and Africa Market Value Share (%) and BPS Analysis by Field strength, 2024-2034
Figure 141: Middle East and Africa Market Y-o-Y Growth (%) Projections by Field strength, 2024-2034
Figure 142: Middle East and Africa Market Attractiveness by Architecture Type, 2024-2034
Figure 143: Middle East and Africa Market Attractiveness by Field strength, 2024-2034
Figure 144: Middle East and Africa Market Attractiveness by Country, 2024-2034
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- FAQs -
What was the Value of the MRI System Market in 2019?
The global MRI system market was worth US$ 7,636.3 million in 2019.
What is the Sales Outlook for the MRI System in 2024?
The sales outlook for the MRI system is likely to be valued at US$ 10,491.7 million in 2024.
What is the Demand Forecast for the MRI system for the decade?
Demand for MRI systems is likely to reach a market value of US$ 19,640.8 million by the end of 2034.
What is the Growth Projection for the MRI System Market?
The MRI system market is projected to rise at a CAGR of 6.5% through 2034.
At What Rate Is the Market in East Asia Predicted to Grow?
The East Asia market for MRI systems is forecast to expand at a CAGR of 7.7% through 2034.
MRI System Market