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03-Mar-2019

Closed MRI Systems Market Advanced Technology, Future Opportunities And Forecast 2017-2028

Magnetic Resonance Imaging (MRI) is a technique used in radiology to capture images of physiological processes in body. Closed MRI system is a tube-like tunnel with high field strength used to obtain greater resolution and thinner slices for a more accurate diagnosis. Moreover, it is helpful to study smaller parts of body, and to perform patient body scan faster than other MRI systems. Furthermore, closed MRI systems uses magnetic field and radio waves that screen and diagnose various diseases, such as multiple sclerosis (MS), cartilage degeneration in the knee, breast cancer, dementia, prostate cancer, and spinal tuberculosis among others.

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Growing aging population and awareness among people about benefits of MRI scanning are key factors driving growth of global closed MRI system market. In addition, technological advancements like low field strength, high field strength MRI systems and increasing health awareness in developed countries are all major factors driving the global closed MRI systems market.

However, high cost of MRI systems, and declining reimbursement rates for MRI procedures are primary factors restraining growth of the global closed MRI systems market. Moreover, reduction in the availability of helium that could act as an alternative for magnets in the MRI systems, and inadequate appropriate infrastructure are major factors hampering growth of the global closed MRI systems market.

The global closed MRI systems market report has been segmented on the basis of field strength, application, and region. Region covered North America, Europe, Asia Pacific, Middle East & Africa, and Latin America.

Currently, the market in North America dominates the global closed MRI systems market in revenue terms owing to availability of appropriate infrastructure, high awareness levels among the general population about health care, and high amount of disposable income in the region. Europe is currently holds second-largest market followed by Asia Pacific. The market in Asia Pacific is expected to witness relatively high growth over the forecast period owing to rapid growth in infrastructure, availability of appropriate healthcare setup and growing awareness about early diagnosis among the general population. Emerging economies in the Asia Pacific such as India and China are expected to expand the highest over the forecast period.

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Some prominent players in the global closed MRI system market include GE Healthcare, Philips Healthcare, Siemens Healthcare, Toshiba Medical Systems, Imris Inc., Fonar Corporation, Esaote S.P.A., Hitachi Medical Corporation, Neusoft Medical System, and Aurora Medical Imaging. Various strategies adopted by these companies to gain stronghold of the market include partnerships, collaborations, mergers & acquisitions, and joint ventures.

Points Covered In Report
The market report gives a ahead looking prospect on distinct factors driving or prohibiting market growth.
The market report includes main point study for changeable competitive dynamics
The Report on gives the clear understanding of the main product segments and their future.
It include a forecast(2019-2028) estimate on the basis of how the market is witnessed to grow
It helps to take business people a decisive judgment by having complete in-depth of market.
The market report offers complete analysis of competitive landscape and keeps you forward of competitors

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Last Updated: 03-Mar-2019