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MRI Scanner Market Size And Forecast by 2031

The MRI scanner market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing with a CAGR of 4.98% in the forecast period of 2021 to 2028 and is expected to reach USD 8,422.16 million by 2028. Growing geriatric population and rising per capita income are the major drivers which have propelled the demand of the MRI scanner market in the forecast period.. MRI Scanner Market report provides a holistic evaluation of the market. The report offers comprehensive analysis of  Size, Share, Scope, Demand, Growth, Value, Opportunities, Industry Statistics, Industry Trends, Industry Share, Revenue Analysis, Revenue Forecast, Future Scope, Challenges, Growth Drivers, leaders, graph, insights, Research Report, companies, overview, outlook and factors that are playing a substantial role in the market.

Global MRI Scanner Market Segmentation Analysis

MRI Scanner Market, By Type (Portable Type, Desktop Type), Product (Closed MRI Systems and Open MRI Systems), Application (Oncology, Neurology, Cardiology, Pelvic and Abdominal, Musculoskeletal and Other Applications), End User (Hospital, Clinic, Ambulatory Surgical Centers, Scientific Research and Other), Distribution Channel (Direct Tender, Retail Sales), Country (U.S., Canada, Mexico, Germany, U.K., France, Italy, Spain, Russia, Netherlands, Switzerland, Belgium, Turkey, Rest of Europe, China, Japan, India, South Korea, Australia, Singapore, Thailand, Malaysia, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, Saudi Arabia, South Africa, UAE, Israel, Egypt and Rest of Middle East and Africa) Industry Trends and Forecast to 2028

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 Which are the top companies operating in the MRI Scanner Market?

The “Global MRI Scanner Market ”study report will provide a valuable insight with an emphasis on the global market. The report profiles noticeable organizations working in the water purifier showcase and the triumphant methodologies received by them. It likewise reveals insights about the share held by each organization and their contribution to the MRI Scanner Market extension. This MRI Scanner Market report provides the information of the Top 10 Companies in MRI Scanner Market in the market their business strategy, financial situation etc.

**Segments**

- **By Architecture**: Closed MRI Systems, Open MRI Systems
- **By Field Strength**: Low-Field MRI Systems (1.5T), High-Field MRI Systems (1.5T to 3T), Very-High-Field MRI Systems (4T to 6T), Ultra-High-Field MRI Systems (7T and Above)
- **By Application**: Brain and Neurological MRI, Spine and Musculoskeletal MRI, Vascular MRI, Pelvic and Abdominal MRI, Breast MRI, Cardiac MRI
- **By End-User**: Hospitals, Imaging Centers, Ambulatory Surgical Centers, Research Laboratories

The global MRI scanner market experienced significant growth in 2020, driven by the increasing prevalence of chronic diseases, technological advancements in imaging modalities, and rising demand for early and accurate diagnosis. The market is expected to witness a substantial CAGR from 2020 to 2028. The market segments based on architecture include closed and open MRI systems, with the closed systems segment dominating the market due to better image quality and higher efficiency. In terms of field strength, the high-field MRI systems segment is anticipated to hold a significant market share by 2028, owing to better image resolution and clarity for various medical applications. The application segments such as brain and neurological MRI, spine and musculoskeletal MRI, and cardiac MRI are expected to fuel market growth during the forecast period due to the increasing incidence of related disorders. Additionally, the hospital segment is projected to lead the end-user segment as hospitals are the primary locations for MRI procedures globally.

**Market Players**

- Siemens Healthineers
- GE Healthcare
- Philips Healthcare
- Canon Medical Systems Corporation
- Hitachi, Ltd.
- Esaote SpA
- Fonar Corporation
- Neusoft Medical Systems Co., Ltd.
- Aurora Healthcare US Corp
- Time Medical Systems Co., Ltd.

The competitive landscape of the global MRI scanner market is characterized by intenseThe global MRI scanner market is highly competitive, with key players constantly striving to innovate and enhance their product offerings to maintain their market positions. Siemens Healthineers, GE Healthcare, and Philips Healthcare are among the leading players in the market, known for their cutting-edge technology and wide range of MRI systems catering to various end-users and applications. These companies focus on research and development activities to introduce advanced features such as faster imaging, improved image quality, and enhanced patient comfort. Additionally, partnerships and collaborations with healthcare providers and research institutions play a crucial role in expanding their market presence and driving technological advancements in the field of MRI imaging.

Canon Medical Systems Corporation, Hitachi, Ltd., and Esaote SpA are also significant players in the global MRI scanner market, known for their high-quality imaging systems and strong global presence. These companies often focus on developing MRI systems with a focus on specific applications such as cardiac imaging or musculoskeletal imaging, catering to the diverse needs of healthcare providers and patients. Innovation in coil technology, software platforms, and image reconstruction techniques are areas of continuous investment for these players to stay ahead in the competitive market landscape.

Fonar Corporation, Neusoft Medical Systems Co., Ltd., and Aurora Healthcare US Corp are emerging players in the MRI scanner market, known for their focus on cost-effective solutions and entry-level MRI systems suitable for small to medium-sized healthcare facilities. These companies often target specific regional markets and niche segments to establish a strong foothold in the competitive landscape. With a focus on affordability and ease of use, these players aim to democratize access to MRI imaging and expand the market reach of MRI technology.

Time Medical Systems Co., Ltd. is another notable player in the MRI scanner market, known for its innovative MRI systems incorporating advanced technologies such as artificial intelligence and cloud-based imaging solutions. The company focuses on developing customized MRI platforms for specific applications such as neuroimaging or oncology, catering to the evolving needs of healthcare providers and researchers. By leveraging data analytics and machine**Market Players**:

- Aspect Imaging
- CANON MEDICAL SYSTEMS CORPORATION (a subsidiary of Canon Inc.)
- Siemens Healthcare GmbH
- GE Healthcare
- Hitachi, Ltd.
- Koninklijke Philips N.V.
- Neusoft Corporation
- ESAOTE SPA
- FONAR Corp.
- Synaptive Medical
- AllTech Medical Systems
- Shanghai United Imaging Medical Technology Co., Ltd.
- Medonica Co. LTD
- IMRIS
- Promaxo
- Aurora Healthcare US Corp
- SG HealthCare
- Elekta AB
- Beijing Wandong Medical Technology Co., Ltd
- ASG Superconductors spa
- MinFound Medical Systems Co., Ltd.
- Hyperfine
- SternMed GmbH
- Time Medical Holding

The global MRI scanner market has witnessed significant growth in recent years due to various factors such as the increasing prevalence of chronic diseases, advancements in imaging technologies, and rising demand for accurate diagnostic tools. The market is segmented based on different criteria such as architecture, field strength, application, and end-user. The closed MRI systems segment dominates the market due to better image quality and efficiency. High-field MRI systems are expected to hold a considerable market share by 2028, primarily driven by their superior image resolution for medical applications. Various application segments like brain and neurological MRI, cardiac MRI, and musculoskeletal MRI are projected to fuel market growth owing to the rising incidence of related health conditions. Hospitals are anticipated to

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Overview of the MRI Scanner Market Research Report

The MRI Scanner Market research report commences with an in-depth overview covering definitions, applications, product/service launches, developments, challenges, and regional analysis. The forecast underlines robust growth fueled by increasing consumption in diverse markets. Furthermore, the report delves into current market trends and key characteristics.

Objectives of the Report

Conduct a comprehensive investigation to forecast the value and volume of the MRI Scanner Market.

Analyze and project market shares for major segments within the MRI Scanner Market.

Depict the evolving landscape of the MRI Scanner Market across global regions.

Examine and assess micro markets, their contributions, and growth potential within the MRI Scanner Market.

Provide accurate insights into the factors driving the growth of the MRI Scanner Market.

Offer a detailed analysis of key strategies adopted by major companies, such as R&D, collaborations, agreements, partnerships, acquisitions, mergers, new product launches, and other strategic initiatives.

Market Overview

The study concentrates on the present state of the MRI Scanner Market, evaluating key statistics including CAGR, gross margin, revenue, pricing, production growth rate, volume, value, market share, and year-over-year growth. This thorough analysis is conducted using the latest primary and secondary research methods. Leading company profiles are scrutinized based on factors like the markets they serve, production, revenues, market shares, recent developments, and gross profit margins. The report also provides a detailed exploration of market drivers, constraints, opportunities, challenges, and trends within the market dynamics section.

Table of Contents: 
Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
Market Purview
Report DescriptionMarket Definition and Scope
Executive Summary
Market Snapshot, By Type
Market Snapshot, By Application
Market Snapshot, By Region
Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Drivers
Restraints
Market Opportunities
And more...

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