NORTH AMERICA MRI SYSTEM MARKET FORECAST 2018-2026

NORTH AMERICA MRI SYSTEM MARKET FORECAST 2018-2026

  • June 2018 •
  • 91 pages •
  • Report ID: 5039879 •
  • Format: PDF
KEY FINDINGS
The North America MRI systems market is expected to dominate the global scene over the forecast period of 2018-2026 in terms of revenue generation. Between these projected years, the market is expected to witness a 3.59% CAGR rise. The increasing geriatric population and the technological advancement in the North American countries like USA and Canada are some of the factors which helped North America achieve the highest market share.

MARKET INSIGHTS
The North American market is segmented on the basis of application, technology, field strength, and architecture.The high per capita income of the general populace, coupled with the reforms undertaken by the government are responsible for making the medical facilities like MRI systems and other scanning systems more affordable in the market.

The U.S market dominates this region and is also expected to exhibit the highest CAGR over the forecast period. The country has the finest hospitals and clinics for treatments of heart-related diseases and procedures, which majorly drives the demand for MRI systems. Also, growing demand for minimally invasive procedures and huge opportunities for product replacement and new sales are likely to drive the market growth over the projected years.

COMPETITIVE INSIGHTS
Few of the established market companies in this region include Ge Healthcare, Fonar Corporation, Medtronic, Hologic Inc, Esaote Spa, Bruker Corp, Siemens Medical Solutions, Philips Healthcare, Mindray Medical International, Analogic Corporation and Hitachi Medical Corporation.