Magnetic Resonance Imaging (MRI) Systems Market Size, Share, Growth, Analysis 2023-2028 - The Knox Student
IMARC Group, a well-known company in the field of market research, has recently published a report titled "Global Industry Trends and Forecast for Magnetic Resonance Imaging (MRI) Systems Market from 2023 to 2028". The report reveals that the size of the global MRI systems market was valued at US$ 7.5 billion in 2022. IMARC Group predicts that the market will continue to grow at a steady pace and reach US$ 9.7 billion by 2028, with a compound annual growth rate (CAGR) of 4.5% during the forecast period of 2023-2028.
MRI systems are a type of imaging technology that doesn't require surgery and can create detailed 3D images of the body's structure and how it functions. This is done by using a powerful magnetic field and radio waves. MRI machines are commonly used to help detect, diagnose, and treat diseases. They are often used alongside CT and PET scans to investigate different problems, such as infections, tumors, and cysts in the brain, bones, heart, and other organs inside the body.
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Emerging Patterns and Influencing Factors in the Market for MRI Machines
The growing occurrence of long-term illnesses, particularly among elderly individuals, and the increasing recognition of the advantages of detecting these illnesses at an early stage are some of the key factors propelling the expansion of the global MRI systems market. The swift progress in technology, such as the emergence of four-dimensional (4D) imaging methods and high-field MRI systems that are compatible with cardiac pacemakers, are also bolstering the market's growth. Additionally, the unexpected outbreak of the COVID-19 virus is further contributing to a favorable future for the market, as MRI is extensively employed to assess the impacts of the virus.
The report thoroughly analyzed the competitive environment of the market, providing in-depth information about the major players involved.
Some of these influential individuals consist of:
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The analysis has divided the market based on the type of products, the users, and the geographical areas.
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Classification by Final Purpose:
Regional Distribution of the Market: Market Segmentation by Geographic Location:
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