Market Analysis and Insight: Europe Magnetic Resonance Imaging Devices Market
Magnetic resonance imaging devices market is expected to gain market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses that the market is growing with a CAGR of 4.2% in the forecast period of 2020 to 2027 and is expected to reach USD 2,321.46 million by 2027. Increasing focus on replacing low-field MRI systems with high-level MRI systems and introduction of advance technology based magnetic resonance imaging devices are the major drivers which propelled the demand of the market in the forecast period.
Magnetic resonance imaging devices have techniques that are mainly used in radiology to take pictures of anatomy and physiological processes in the patient's body. MRI scans are used to diagnose brain tumors, MS, stroke, brain injury, developmental disorders, dementia, infections and causes of headaches. The MRI scan method is a type of diagnostic test that is not invasive and is used to diagnose a wide range of medical conditions.
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Increased focus on replacing low-level magnetic resonance imaging systems with high-level magnetic resonance imaging, increasing the age of the elderly, increasing awareness of early diagnosis, introducing magnetic resonance imaging techniques and increasing the incidence of chronic diseases are the main drivers of demand for magnetic resonance imaging devices.
However, the high cost of magnetic resonance imaging systems, product recall and increased use of refurbished and recycled magnetic resonance imaging products are expected to hinder the growth of magnetic resonance imaging equipment during the forecast period.
The Europe magnetic resonance imaging devices market report provides details of market share, new developments, and product pipeline analysis, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. To understand the analysis and the market scenario contact us for an Analyst Brief, our team will help you create a revenue impact solution to achieve your desired goal.
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Magnetic Resonance Imaging Devices Market Country Level Analysis
The magnetic resonance imaging devices market is analysed and market size information is provided by type, product, application, end user and distribution channel.
The countries covered in the magnetic resonance imaging devices market report are the Germany, France, U.K., Italy, Spain, Russia, Turkey, Belgium, Netherlands, Switzerland, Rest of Europe.
Germany in Europe is expected to grow with the most promising growth rate in the forecast period of 2020 to 2027 with rising usage of magnetic resonance imaging devices in brain and neurological, musculoskeletal, cardiology, mammography, oncology, pelvic and abdominal, gynecology, urology, dental and others in the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, regulatory acts and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of Europe brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.
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New Product Launches by Manufactures is Creating New Opportunities for Players in the Magnetic Resonance Imaging Devices Market
Magnetic resonance imaging devices market also provides you with detailed market analysis for every country growth in aesthetic industry with magnetic resonance imaging devices sales, impact of advancement in the magnetic resonance imaging devices and changes in regulatory scenarios with their support for the magnetic resonance imaging devices market. The data is available for historic period 2010 to 2018.
Competitive Landscape and Magnetic Resonance Imaging Devices Market Share Analysis
Magnetic resonance imaging devices market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, production sites and facilities, company strengths and weaknesses, product launch, product trials pipelines, product approvals, patents, product width and breath, application dominance, technology lifeline curve. The above data points provided are only related to the company’s focus related to magnetic resonance imaging devices market.
The major companies which are dealing in the Europe magnetic resonance imaging devices market are 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, Synaptive Medical, IMRIS, Elekta AB and ASG Superconductors spa, among others. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available: Europe Magnetic Resonance Imaging Devices Market
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