MRIシステム市場 : 2028年までの世界予測

Report Overview

The global MRI systems market is projected to reach USD 6.6 billion by 2028 from USD 5.2 billion in 2023, at a CAGR of 5.0% from 2023 to 2028. Factors such as growing adoption of MRI systems and rising baby boomer population are responsible for the increasing growth of this market. Increasing research and development activities, government initiatives and rising number of clinical trials also attributes to the growth of MRI systems market.

“The high & very-high-field segment held the largest share of the market in 2022.”
Based on field strength, the MRI systems market is segmented into low-to-mid-field MRI systems, high and very-high-field MRI systems, and ultra-high-field MRI systems. The high & very-high-field MRI systems segment held the largest market share in 2022. The large share of this segment can be attributed to the launch of technologically advancements in MRI modalities and rising use of MRI systems by the end users.

The closed MRI systems segment held the largest share of the market in 2022.
Based on architecture, the MRI systems market is segment into open MRI systems and closed MRI systems. The closed MRI systems segment held the largest market share in 2022. The large share of this segment can be attributed to the increasing use of wide-bore closed MRI systems by the end user facilities and excellent image resolution.

“The brain & neurological application segment is projected to register the highest CAGR of the MRI systems market by application during the forecast period.”
Based on application, the MRI systems market is segmented into brain and neurological MRI, spine and musculoskeletal MRI, pelvic and abdominal MRI, vascular MRI, breast MRI, cardiac MRI , and other applications. The brain & neurological application segment is projected to register the highest CAGR of the MRI systems market from 2023 to 2028. Factors such as increasing use of rising use of hybrid MRI systems applications and rising adoption of AI and analytics in magnetic resonance maging are driving the market growth.

“The market in the Asia Pacific region is expected to witness the highest growth during the forecast period.”
The MRI systems market in the APAC region is expected to register the highest CAGR during the forecast period, primarily due to evolving healthcare infrastructure and increasing focus of major players in the region. The healthcare infrastructure in emerging economies, such as China and India is evolving at a rapid pace, leading to major investments in advanced imaging systems by hospitals and diagnostic centers. These factors are anticipated to fuel the growth of MRI systems market in this region.   

A breakdown of the primary participants referred to for this report is provided below:
• By Company Type: Tier 1–48%, Tier 2–36%, and Tier 3– 16%
• By Designation: Director-level–14%,  C-level–10%, and Others–76%
• By Region: North America–40%, Europe–32%, Asia Pacific–20%, Latin America-5%, Middle East and Africa-3%

The prominent players in the MRI systems market are Siemens Healthineers (Germany), GE Healthcare (US), Koninklijke Philips N.V. (Netherlands), among others. 

Research Coverage
This report studies the MRI systems market based on field strength, architecture, application, end user, and region. It also covers the factors affecting market growth, analyzes the various opportunities and challenges in the market, and provides details of the competitive landscape for market leaders. Furthermore, the report analyzes micromarkets with respect to their growth trends and forecasts the revenue of the market segments with respect to five main regions (and the respective countries in these regions).

Reasons to Buy the Report
The report will help the market leaders/new entrants with information on the closest approximations of the revenue numbers for the overall MRI systems market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report also helps stakeholders understand the market pulse and provides information on key market drivers, restraints, challenges, and opportunities. 

This report provides insights on the following pointers:
• Analysis of key drivers (growing geriatric population and rising prevalence of associated diseases, increasing demand for early diagnosis, technological advancements in magnetic resonance imaging modalities, and increasing funding investments by public-private organizations), restraints (high cost of MRI systems, incompatibility of MRI systems in some patient populations, unfavourable reimbursement scenario, inadequate supply of helium), opportunities (emerging economies offer high growth potential, increasing establishment of hospitals and diagnostic imaging centers, adoption of AI and analytics in magnetic resonance imaging, increasing establishment of hospitals and diagnostic imaging centers, introduction of hybrid or fusion MRI systems), and challenges (hospital budget cuts, shortage of trained and skilled professionals) influencing the growth of the MRI systems market
• Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the MRI systems market
• Market Development: Comprehensive information about lucrative markets–the report analyses the MRI systems market across varied regions 
• Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the MRI systems market
• Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players like Siemens Healthineers (Germany), GE Healthcare (US), and Koninklijke Philips N.V. (Netherlands). 

Table of Contents

1            INTRODUCTION            26

1.1         STUDY OBJECTIVES      26

1.2         MARKET DEFINITION   26

1.3         INCLUSIONS & EXCLUSIONS     27

1.4         MARKET SEGMENTATION         27

1.4.1      MARKETS COVERED     27

1.4.2      REGIONS COVERED      28

1.4.3      YEARS CONSIDERED     28

1.4.4      CURRENCY CONSIDERED          28

1.5         RESEARCH LIMITATIONS           29

1.6         STAKEHOLDERS            29

1.7         SUMMARY OF CHANGES            29

1.7.1      RECESSION IMPACT      30

2            RESEARCH METHODOLOGY     31

2.1         RESEARCH APPROACH 31

FIGURE 1           RESEARCH DESIGN       31

2.1.1      SECONDARY RESEARCH             32

2.1.2      PRIMARY RESEARCH     33

2.1.2.1   Primary sources   33

2.1.2.2   Key industry insights          34

2.1.2.3   Breakdown of primaries     34

FIGURE 2           BREAKDOWN OF PRIMARY INTERVIEWS: SUPPLY-SIDE AND DEMAND-SIDE PARTICIPANTS 34

FIGURE 3           BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY TYPE, DESIGNATION,  AND REGION  35

2.2         MARKET SIZE ESTIMATION       35

FIGURE 4           HYPOTHESIS BUILDING             36

2.2.1      BOTTOM-UP APPROACH           36

2.2.1.1   Company revenue estimation           36

FIGURE 5           MARKET SIZE ESTIMATION: COMPANY REVENUE ESTIMATION              37

FIGURE 6           REVENUE SHARE ANALYSIS: ILLUSTRATIVE EXAMPLE OF SIEMENS HEALTHINEERS          37

2.2.1.2   Customer-based market estimation  38

FIGURE 7           BOTTOM-UP APPROACH           38

2.2.1.3   Growth forecast   38

2.2.1.4   CAGR projections             39

FIGURE 8           SUPPLY-SIDE ANALYSIS: CAGR PROJECTIONS   39

2.3         DATA TRIANGULATION             40

FIGURE 9           DATA TRIANGULATION             40

2.4         MARKET SHARE ESTIMATION   41

2.5         STUDY ASSUMPTIONS  41

2.6         RISK ASSESSMENT         42

TABLE 1             RISK ASSESSMENT: MRI SYSTEMS MARKET        42

2.7         IMPACT OF RECESSION ON MRI SYSTEMS MARKET       42

3            EXECUTIVE SUMMARY 43

FIGURE 10         MRI SYSTEMS MARKET, BY FIELD STRENGTH, 2023 VS. 2028 (USD MILLION) 43

FIGURE 11         MRI SYSTEMS MARKET, BY ARCHITECTURE, 2023 VS. 2028 (USD MILLION)          44

FIGURE 12         MRI SYSTEMS MARKET, BY APPLICATION, 2023 VS. 2028 (USD MILLION)          44

FIGURE 13         MRI SYSTEMS MARKET, BY END USER, 2023 VS. 2028 (USD MILLION)          45

FIGURE 14         REGIONAL SNAPSHOT: MRI SYSTEMS MARKET 46

4            PREMIUM INSIGHTS      47

4.1         MRI SYSTEMS MARKET OVERVIEW        47

FIGURE 15         RISING PREVALENCE OF CHRONIC DISEASES TO DRIVE MARKET            47

4.2         EUROPE: MRI SYSTEMS MARKET, BY FIELD STRENGTH,  2023–2028 (USD MILLION) 48

FIGURE 16         HIGH & VERY-HIGH-FIELD MRI SYSTEMS DOMINATED EUROPEAN  MARKET IN 2022   48

4.3         NORTH AMERICA: MRI SYSTEMS MARKET, BY APPLICATION, 2023–2028 (USD MILLION) 48

FIGURE 17         BRAIN AND NEUROLOGICAL MRI TO COMMAND LARGEST SHARE IN NORTH AMERICAN MARKET DURING FORECAST PERIOD      48

4.4         ASIA PACIFIC: MRI SYSTEMS MARKET, BY END USER,  2023–2028 (USD MILLION)          49

FIGURE 18         HOSPITALS TO HOLD LARGEST SHARE IN ASIA PACIFIC MARKET            49

4.5         GEOGRAPHICAL SNAPSHOT: MRI SYSTEMS MARKET    49

FIGURE 19         CHINA TO WITNESS HIGHEST GROWTH RATE DURING FORECAST PERIOD       49

5            MARKET OVERVIEW     50

5.1         INTRODUCTION            50

5.2         MARKET DYNAMICS     50

FIGURE 20         DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES: MRI SYSTEMS MARKET 50

5.2.1      DRIVERS            51

5.2.1.1   Growing geriatric population and rising prevalence of associated diseases 51

TABLE 2             PREVALENCE OF AGE-RELATED DISEASES        51

5.2.1.2   Increasing demand for early diagnosis and screening of diseases 51

5.2.1.3   Technological advancements in MRI systems 52

TABLE 3             TECHNOLOGICAL ADVANCEMENTS IN MRI SYSTEMS   52

5.2.1.4   Increasing investments, funds, and grants by public-private organizations              52

5.2.2      RESTRAINTS     53

5.2.2.1   High cost of MRI systems  53

5.2.2.2   Incompatibility of MRI systems with non-MRI-conditional devices          53

5.2.2.3   Unfavorable reimbursement scenario             54

5.2.2.4   Shortage of helium             54

5.2.3      OPPORTUNITIES           54

5.2.3.1   High growth potential in emerging economies             54

5.2.3.2   Adoption of AI and analytics in MRI systems 55

5.2.3.3   Increasing number of hospitals and diagnostic imaging centers  55

5.2.3.4   Introduction of hybrid or fusion MRI systems 56

5.2.4      CHALLENGES   57

5.2.4.1   Decline in proposed budget for healthcare organizations           57

5.2.4.2   Dearth of trained and skilled professionals     57

5.3         PRICING ANALYSIS        57

TABLE 4             REGIONAL PRICING ANALYSIS OF MRI SYSTEMS, 2022 (USD)              57

5.4         VALUE CHAIN ANALYSIS            58

FIGURE 21         VALUE CHAIN ANALYSIS            58

5.5         ECOSYSTEM MARKET MAP        59

5.6         SUPPLY CHAIN ANALYSIS          59

FIGURE 22         SUPPLY CHAIN ANALYSIS          60

5.7         PORTER’S FIVE FORCES ANALYSIS         60

TABLE 5             PORTER’S FIVE FORCES ANALYSIS: MRI SYSTEMS MARKET              60

5.8         REGULATORY LANDSCAPE       61

TABLE 6             REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS          61

5.8.1      NORTH AMERICA          62

5.8.1.1   US         62

TABLE 7             US FDA: MEDICAL DEVICE CLASSIFICATION     62

TABLE 8             US: MEDICAL DEVICE REGULATORY APPROVAL PROCESS              63

5.8.1.2   Canada  63

TABLE 9             CANADA: MEDICAL DEVICE REGULATORY APPROVAL PROCESS           63

5.8.2      EUROPE             63

5.8.3      ASIA PACIFIC    64

5.8.3.1   Japan     64

TABLE 10           JAPAN: MEDICAL DEVICE CLASSIFICATION UNDER PMDA              64

5.8.3.2   China     65

TABLE 11           CHINA: CLASSIFICATION OF MEDICAL DEVICES             65

5.8.3.3   India      66

5.9         TECHNOLOGY ANALYSIS           67

5.10       REIMBURSEMENT ANALYSIS     67

TABLE 12           MEDICAL REIMBURSEMENT CODES FOR MRI PROCEDURES IN US, 2022             68

5.11       TRADE ANALYSIS          69

TABLE 13           IMPORT DATA FOR MRI SYSTEMS, BY COUNTRY, 2018─2022 (USD THOUSAND)        69

TABLE 14           EXPORT DATA FOR MRI SYSTEMS, BY COUNTRY, 2018─2022 (USD THOUSAND)        69

5.12       PATENT ANALYSIS        70

FIGURE 23         TOP 10 PATENT APPLICANTS FOR MRI SYSTEMS (JANUARY 2012–DECEMBER 2022)  70

5.13       CASE STUDY ANALYSIS 71

TABLE 15           CASE STUDY: REVEALING SMALL LIVER METASTASES USING MR-PET SCANS THAT ARE NOT VISIBLE BY PET/CT SCANS        71

5.14       KEY STAKEHOLDERS & BUYING CRITERIA          71

5.14.1    KEY STAKEHOLDERS    71

TABLE 16           KEY REQUIREMENTS OF STAKEHOLDERS ON BUYING CRITERIA OF MRI SYSTEMS       71

5.14.2    IMPACT ANALYSIS OF KEY BUYING CRITERIA   72

TABLE 17           KEY REQUIREMENTS OF STAKEHOLDERS ON BUYING CRITERIA OF MRI SYSTEMS       72

5.15       KEY CONFERENCES & EVENTS, 2023–2024           73

TABLE 18           LIST OF MAJOR CONFERENCES & EVENTS, 2023–2024     73

6            MRI SYSTEMS MARKET, BY FIELD STRENGTH   75

6.1         INTRODUCTION            76

TABLE 19           MRI SYSTEMS MARKET, BY FIELD STRENGTH, 2021–2028 (USD MILLION)          76

6.2         HIGH & VERY-HIGH-FIELD MRI SYSTEMS           76

TABLE 20           MRI SYSTEMS MARKET FOR HIGH & VERY-HIGH-FIELD MRI SYSTEMS, BY TYPE,  2021–2028 (USD MILLION) 77

TABLE 21           MRI SYSTEMS MARKET FOR HIGH & VERY-HIGH-FIELD MRI SYSTEMS, BY REGION,  2021–2028 (USD MILLION)         77

TABLE 22           MRI SYSTEMS MARKET FOR HIGH & VERY-HIGH-FIELD MRI SYSTEMS, BY APPLICATION, 2021–2028 (USD MILLION) 78

TABLE 23           MRI SYSTEMS MARKET FOR HIGH & VERY-HIGH-FIELD MRI SYSTEMS, BY END USER,  2021–2028 (USD MILLION)     78

6.2.1      1.5T MRI SYSTEMS         79

6.2.1.1   Increased use in routine examinations and cardiac imaging to drive segment              79

TABLE 24           1.5T MRI SYSTEMS MARKET, BY REGION, 2021–2028 (USD MILLION)          79

6.2.2      3T MRI SYSTEMS            79

6.2.2.1   Growing use in hospitals and diagnostic imaging centers to drive segment              79

TABLE 25           3T MRI SYSTEMS MARKET, BY REGION, 2021–2028 (USD MILLION)          80

6.3         LOW-TO-MID-FIELD MRI SYSTEMS        80

6.3.1      LOWER COST, EASIER INSTALLATION, AND LESSER ELECTRICITY CONSUMPTION TO DRIVE MARKET      80

TABLE 26          MRI SYSTEMS MARKET FOR LOW-TO-MID-FIELD MRI SYSTEMS, BY REGION,  2021–2028 (USD MILLION)             80

TABLE 27          MRI SYSTEMS MARKET FOR LOW-TO-MID-FIELD MRI SYSTEMS, BY APPLICATION,  2021–2028 (USD MILLION)   81

TABLE 28          MRI SYSTEMS MARKET FOR LOW-TO-MID-FIELD MRI SYSTEMS, BY END USER,  2021–2028 (USD MILLION)         81

6.4         ULTRA-HIGH-FIELD MRI SYSTEMS         82

6.4.1      HIGHER RESOLUTION, BETTER INTRINSIC SNR, AND IMPROVED CONTRAST TO DRIVE MARKET 82

TABLE 29           MRI SYSTEMS MARKET FOR ULTRA-HIGH-FIELD MRI SYSTEMS, BY REGION,  2021–2028 (USD MILLION)             82

TABLE 30           MRI SYSTEMS MARKET FOR ULTRA-HIGH-FIELD MRI SYSTEMS, BY APPLICATION,  2021–2028 (USD MILLION)   83

TABLE 31           MRI SYSTEMS MARKET FOR ULTRA-HIGH-FIELD MRI SYSTEMS, BY END USER,  2021–2028 (USD MILLION)         83

7            MRI SYSTEMS MARKET, BY ARCHITECTURE      84

7.1         INTRODUCTION            85

TABLE 32           MRI SYSTEMS MARKET, BY ARCHITECTURE, 2021–2028 (USD MILLION)          85

7.2         CLOSED MRI SYSTEMS 85

TABLE 33           MRI SYSTEMS MARKET FOR CLOSED MRI SYSTEMS, BY TYPE, 2021–2028 (USD MILLION)          86

TABLE 34          MRI SYSTEMS MARKET FOR CLOSED MRI SYSTEMS, BY REGION,  2021–2028 (USD MILLION)          86

7.2.1      STANDARD BORE MRI SYSTEMS             86

7.2.1.1   Higher accuracy and improved sensitivity to drive segment        86

TABLE 35           STANDARD BORE MRI SYSTEMS MARKET, BY REGION, 2021–2028 (USD MILLION)     87

7.2.2      WIDE-BORE MRI SYSTEMS         87

7.2.2.1   High-quality MRI images and improved patient comfort to drive segment              87

TABLE 36           WIDE-BORE MRI SYSTEMS MARKET, BY REGION, 2021–2028 (USD MILLION) 87

7.3         OPEN MRI SYSTEMS      88

7.3.1      LONG SCANNING TIME AND POOR IMAGE QUALITY TO LIMIT MARKET            88

TABLE 37           MRI SYSTEMS MARKET FOR OPEN MRI SYSTEMS, BY REGION,  2021–2028 (USD MILLION)          88

8            MRI SYSTEMS MARKET, BY APPLICATION          89

8.1         INTRODUCTION            90

TABLE 38           MRI SYSTEMS MARKET, BY APPLICATION, 2021–2028 (USD MILLION)          90

8.1.1      BRAIN AND NEUROLOGICAL MRI           90

8.1.1.1   Rising incidence of neurodegenerative diseases to drive market 90

TABLE 39           MRI SYSTEMS MARKET FOR BRAIN AND NEUROLOGICAL MRI, BY REGION,  2021–2028 (USD MILLION)             91

8.1.2      SPINE AND MUSCULOSKELETAL MRI    91

8.1.2.1   Growing demand for spinal MRI in geriatric population to drive market  91

TABLE 40           MRI SYSTEMS MARKET FOR SPINE AND MUSCULOSKELETAL MRI, BY REGION,  2021–2028 (USD MILLION)    91

8.1.3      VASCULAR MRI 92

8.1.3.1   Rising incidence of vascular disorders to drive market  92

TABLE 41           MRI SYSTEMS MARKET FOR VASCULAR MRI, BY REGION, 2021–2028 (USD MILLION)     92

8.1.4      PELVIC AND ABDOMINAL MRI  92

8.1.4.1   Increased use in prostate and cervical cancer detection to drive market    92

TABLE 42           MRI SYSTEMS MARKET FOR PELVIC AND ABDOMINAL MRI, BY REGION,  2021–2028 (USD MILLION)     93

8.1.5      BREAST MRI      93

8.1.5.1   Growing awareness about early breast cancer screening to drive market   93

TABLE 43           MRI SYSTEMS MARKET FOR BREAST MRI, BY REGION, 2021–2028 (USD MILLION)     94

8.1.6      CARDIAC MRI   94

8.1.6.1   Rising incidence of cardiovascular diseases to drive market        94

TABLE 44           MRI SYSTEMS MARKET FOR CARDIAC MRI, BY REGION, 2021–2028 (USD MILLION)     94

8.1.7      OTHER APPLICATIONS 95

TABLE 45           MRI SYSTEMS MARKET FOR OTHER APPLICATIONS, BY REGION,  2021–2028 (USD MILLION)     95

9            MRI SYSTEMS MARKET, BY END USER   96

9.1         INTRODUCTION            97

TABLE 46           MRI SYSTEMS MARKET, BY END USER, 2021–2028 (USD MILLION)          97

9.2         HOSPITALS       97

9.2.1      INCREASED ADOPTION OF ADVANCED MRI SYSTEMS TO DRIVE MARKET            97

TABLE 47           MRI SYSTEMS MARKET FOR HOSPITALS, BY REGION, 2021–2028 (USD MILLION) 98

9.3         DIAGNOSTIC IMAGING CENTERS          98

9.3.1      RISING NUMBER OF PRIVATE IMAGING CENTERS TO DRIVE MARKET              98

TABLE 48           MRI SYSTEMS MARKET FOR DIAGNOSTIC IMAGING CENTERS, BY REGION,  2021–2028 (USD MILLION)             99

9.4         OTHER END USERS        99

TABLE 49           MRI SYSTEMS MARKET FOR OTHER END USERS, BY REGION, 2021–2028 (USD MILLION)          100

10          MRI SYSTEMS MARKET, BY REGION       101

10.1       INTRODUCTION            102

TABLE 50           MRI SYSTEMS MARKET, BY REGION, 2021–2028 (USD MILLION)              102

10.2       ASIA PACIFIC    102

FIGURE 24         ASIA PACIFIC: CANCER PREVALENCE, 2012–2020             103

FIGURE 25         ASIA PACIFIC: MRI SYSTEMS MARKET SNAPSHOT          104

TABLE 51           ASIA PACIFIC: MRI SYSTEMS MARKET, BY COUNTRY, 2021–2028 (USD MILLION) 105

TABLE 52           ASIA PACIFIC: MRI SYSTEMS MARKET, BY FIELD STRENGTH, 2021–2028 (USD MILLION)          105

TABLE 53           ASIA PACIFIC: MRI SYSTEMS MARKET FOR HIGH & VERY-HIGH-FIELD SYSTEMS, BY TYPE, 2021–2028 (USD MILLION)     105

TABLE 54           ASIA PACIFIC: MRI SYSTEMS MARKET, BY ARCHITECTURE, 2021–2028 (USD MILLION)          106

TABLE 55           ASIA PACIFIC: MRI SYSTEMS MARKET FOR CLOSED MRI SYSTEMS, BY TYPE  2021–2028 (USD MILLION) 106

TABLE 56           ASIA PACIFIC: MRI SYSTEMS MARKET, BY APPLICATION, 2021–2028 (USD MILLION)     106

TABLE 57           ASIA PACIFIC: MRI SYSTEMS MARKET, BY END USER, 2021–2028 (USD MILLION) 107

10.2.1    ASIA PACIFIC: RECESSION IMPACT        107

10.2.2    JAPAN  107

10.2.2.1 Japan to dominate Asia Pacific market during forecast period    107

TABLE 58           JAPAN: MRI SYSTEMS MARKET, BY FIELD STRENGTH, 2021–2028 (USD MILLION) 108

TABLE 59           JAPAN: MRI SYSTEMS MARKET FOR HIGH & VERY-HIGH-FIELD MRI SYSTEMS, BY TYPE, 2021–2028 (USD MILLION)         108

10.2.3    CHINA  108

10.2.3.1 Increasing government initiatives and growing geriatric population to drive market   108

TABLE 60           CHINA: MRI SYSTEMS MARKET, BY FIELD STRENGTH, 2021–2028 (USD MILLION)     109

TABLE 61           CHINA: MRI SYSTEMS MARKET FOR HIGH & VERY-HIGH-FIELD SYSTEMS,  BY TYPE, 2021–2028 (USD MILLION) 109

10.2.4    INDIA   110

10.2.4.1 Uncertainties in healthcare policies to limit market      110

TABLE 62           INDIA: MRI SYSTEMS MARKET, BY FIELD STRENGTH, 2021–2028 (USD MILLION) 110

TABLE 63           INDIA: MRI SYSTEMS MARKET FOR HIGH & VERY-HIGH-FIELD SYSTEMS, BY TYPE,  2021–2028 (USD MILLION) 111

10.2.5    SOUTH KOREA 111

10.2.5.1 Rising R&D funding and increasing government initiatives to drive market              111

TABLE 64           SOUTH KOREA: MRI SYSTEMS MARKET, BY FIELD STRENGTH, 2021–2028 (USD MILLION)          111

TABLE 65           SOUTH KOREA: MRI SYSTEMS MARKET FOR HIGH & VERY-HIGH FIELD SYSTEMS, BY TYPE, 2021–2028 (USD MILLION)        112

10.2.6    AUSTRALIA       112

10.2.6.1 Growing healthcare spending and increasing research funding to drive market              112

TABLE 66           AUSTRALIA: MRI SYSTEMS MARKET, BY FIELD STRENGTH, 2021–2028 (USD MILLION)          112

TABLE 67           AUSTRALIA: MRI SYSTEMS MARKET FOR HIGH & VERY-HIGH-FIELD SYSTEMS, BY TYPE, 2021–2028 (USD MILLION)     113

10.2.7    REST OF ASIA PACIFIC  113

TABLE 68           REST OF ASIA PACIFIC: MRI SYSTEMS MARKET, BY FIELD STRENGTH,  2021–2028 (USD MILLION)             113

TABLE 69           REST OF ASIA PACIFIC: MRI SYSTEMS MARKET FOR HIGH & VERY-HIGH FIELD  SYSTEMS, BY TYPE, 2021–2028 (USD MILLION)         114

10.3       NORTH AMERICA          114

FIGURE 26         NORTH AMERICA: CANCER PREVALENCE, 2012–2020     114

FIGURE 27         NORTH AMERICA: MRI SYSTEMS MARKET SNAPSHOT   115

TABLE 70           NORTH AMERICA: MRI SYSTEMS MARKET, BY COUNTRY, 2021–2028 (USD MILLION)     115

TABLE 71           NORTH AMERICA: MRI SYSTEMS MARKET, BY FIELD STRENGTH,  2021–2028 (USD MILLION)             116

TABLE 72           NORTH AMERICA: MRI SYSTEMS MARKET FOR HIGH & VERY-HIGH-FIELD SYSTEMS,  BY TYPE, 2021–2028 (USD MILLION)     116

TABLE 73           NORTH AMERICA: MRI SYSTEMS MARKET, BY ARCHITECTURE,  2021–2028 (USD MILLION)          116

TABLE 74           NORTH AMERICA: MRI SYSTEMS MARKET FOR CLOSED MRI SYSTEMS, BY TYPE  2021–2028 (USD MILLION) 117

TABLE 75           NORTH AMERICA: MRI SYSTEMS MARKET, BY APPLICATION, 2021–2028 (USD MILLION)          117

TABLE 76           NORTH AMERICA: MRI SYSTEMS MARKET, BY END USER, 2021–2028 (USD MILLION)     117

10.3.1    NORTH AMERICA: RECESSION IMPACT 118

10.3.2    US         118

10.3.2.1 Rising incidence of chronic diseases to drive market    118

TABLE 77           US: KEY MACROINDICATORS    118

TABLE 78           US: MRI SYSTEMS MARKET, BY FIELD STRENGTH, 2021–2028 (USD MILLION) 119

TABLE 79           US: MRI SYSTEMS MARKET FOR HIGH & VERY-HIGH-FIELD SYSTEMS, BY TYPE,  2021–2028 (USD MILLION) 119

10.3.3    CANADA            119

10.3.3.1 Rising incidence of heart and kidney diseases to drive market    119

TABLE 80           CANADA: KEY MACROINDICATORS       119

TABLE 81           CANADA: MRI SYSTEMS MARKET, BY FIELD STRENGTH, 2021–2028 (USD MILLION)     120

TABLE 82           CANADA: MRI SYSTEMS MARKET FOR HIGH & VERY-HIGH-FIELD SYSTEMS, BY TYPE, 2021–2028 (USD MILLION)     121

10.4       EUROPE             121

TABLE 83           EUROPE: MRI SYSTEMS MARKET, BY COUNTRY, 2021–2028 (USD MILLION) 121

TABLE 84           EUROPE: MRI SYSTEMS MARKET, BY FIELD STRENGTH, 2021–2028 (USD MILLION)     122

TABLE 85           EUROPE: MRI SYSTEMS MARKET FOR HIGH & VERY-HIGH-FIELD SYSTEMS, BY TYPE, 2021–2028 (USD MILLION)     122

TABLE 86           EUROPE: MRI SYSTEMS MARKET, BY ARCHITECTURE, 2021–2028 (USD MILLION)     122

TABLE 87           EUROPE: MRI SYSTEMS MARKET FOR CLOSED MRI SYSTEMS, BY TYPE,  2021–2028 (USD MILLION)    123

TABLE 88           EUROPE: MRI SYSTEMS MARKET, BY APPLICATION, 2021–2028 (USD MILLION) 123

TABLE 89           EUROPE: MRI SYSTEMS MARKET, BY END USER, 2021–2028 (USD MILLION)          123

10.4.1    EUROPE: RECESSION IMPACT   124

10.4.2    GERMANY         124

10.4.2.1 Increasing number of diagnostic imaging centers to drive market             124

TABLE 90           GERMANY: KEY MACROINDICATORS    125

TABLE 91           GERMANY: MRI SYSTEMS MARKET, BY FIELD STRENGTH, 2021–2028 (USD MILLION)     125

TABLE 92           GERMANY: MRI SYSTEMS MARKET FOR HIGH & VERY-HIGH-FIELD SYSTEMS, BY TYPE,  2021–2028 (USD MILLION)  125

10.4.3    UK         126

10.4.3.1 Increased investments in diagnostic imaging centers to drive market       126

TABLE 93           UK: MRI SYSTEMS MARKET, BY FIELD STRENGTH, 2021–2028 (USD MILLION) 126

TABLE 94           UK: MRI SYSTEMS MARKET FOR HIGH & VERY-HIGH FIELD SYSTEMS, BY TYPE,  2021–2028 (USD MILLION) 127

10.4.4    FRANCE             127

10.4.4.1 Rising target patient population and increasing government investments to drive market   127

TABLE 95           FRANCE: MRI SYSTEMS MARKET, BY FIELD STRENGTH, 2021–2028 (USD MILLION)     128

TABLE 96           FRANCE: MRI SYSTEMS MARKET FOR HIGH & VERY-HIGH-FIELD SYSTEMS, BY TYPE,  2021–2028 (USD MILLION)  128

10.4.5    ITALY   128

10.4.5.1 Well-established healthcare infrastructure to drive market         128

TABLE 97           ITALY: MRI SYSTEMS MARKET, BY FIELD STRENGTH, 2021–2028 (USD MILLION) 129

TABLE 98           ITALY: MRI SYSTEMS MARKET FOR HIGH & VERY-HIGH-FIELD SYSTEMS, BY TYPE,  2021–2028 (USD MILLION) 129

10.4.6    SPAIN   130

10.4.6.1 Increasing incidence of cancer and growing geriatric population to drive market              130

TABLE 99           SPAIN: MRI SYSTEMS MARKET, BY FIELD STRENGTH, 2021–2028 (USD MILLION) 130

TABLE 100         SPAIN: MRI SYSTEMS MARKET FOR HIGH & VERY-HIGH-FIELD SYSTEMS, BY TYPE,  2021–2028 (USD MILLION) 131

10.4.7    REST OF EUROPE           131

TABLE 101         REST OF EUROPE: MRI SYSTEMS MARKET, BY FIELD STRENGTH,  2021–2028 (USD MILLION)             132

TABLE 102         REST OF EUROPE: MRI SYSTEMS MARKET FOR HIGH & VERY-HIGH-FIELD SYSTEMS,  BY TYPE, 2021–2028 (USD MILLION)     132

10.5       LATIN AMERICA             132

TABLE 103         LATIN AMERICA: MRI SYSTEMS MARKET, BY COUNTRY, 2021–2028 (USD MILLION)     133

TABLE 104         LATIN AMERICA: MRI SYSTEMS MARKET, BY FIELD STRENGTH,  2021–2028 (USD MILLION)          133

TABLE 105         LATIN AMERICA: MRI SYSTEMS MARKET FOR HIGH & VERY-HIGH-FIELD SYSTEMS,  BY TYPE, 2021–2028 (USD MILLION)     133

TABLE 106         LATIN AMERICA: MRI SYSTEMS MARKET, BY ARCHITECTURE 2021–2028 (USD MILLION)          134

TABLE 107         LATIN AMERICA: MRI SYSTEMS MARKET FOR CLOSED MRI SYSTEMS, BY TYPE  2021–2028 (USD MILLION) 134

TABLE 108         LATIN AMERICA: MRI SYSTEMS MARKET, BY APPLICATION, 2021–2028 (USD MILLION)          134

TABLE 109         LATIN AMERICA: MRI SYSTEMS MARKET, BY END USER, 2021–2028 (USD MILLION)     135

10.5.1    LATIN AMERICA: RECESSION IMPACT   135

10.5.2    BRAZIL 135

10.5.2.1 Increasing disease burden and growing adoption of healthcare insurance to drive market   135

TABLE 110         BRAZIL: MRI SYSTEMS MARKET, BY FIELD STRENGTH, 2021–2028 (USD MILLION)     136

TABLE 111         BRAZIL: MRI SYSTEMS MARKET FOR HIGH & VERY-HIGH-FIELD SYSTEMS, BY TYPE,  2021–2028 (USD MILLION) 136

10.5.3    MEXICO             136

10.5.3.1 Rising government initiatives and funding to drive market         136

TABLE 112         MEXICO: MRI SYSTEMS MARKET, BY FIELD STRENGTH, 2021–2028 (USD MILLION)     137

TABLE 113         MEXICO: MRI SYSTEMS MARKET FOR HIGH & VERY-HIGH-FIELD SYSTEMS, BY TYPE,  2021–2028 (USD MILLION)  137

10.5.4    REST OF LATIN AMERICA          137

TABLE 114         REST OF LATIN AMERICA: MRI SYSTEMS MARKET, BY FIELD STRENGTH,  2021–2028 (USD MILLION)             138

TABLE 115         REST OF LATIN AMERICA: MRI SYSTEMS MARKET FOR HIGH & VERY-HIGH-FIELD SYSTEMS, BY TYPE, 2021–2028 (USD MILLION)           138

10.6       MIDDLE EAST & AFRICA             138

10.6.1    INCREASING INVESTMENTS BY KEY PLAYERS TO DRIVE MARKET              138

TABLE 116         MIDDLE EAST & AFRICA: MRI SYSTEMS MARKET, BY FIELD STRENGTH,  2021–2028 (USD MILLION)             139

TABLE 117         MIDDLE EAST & AFRICA: MRI SYSTEMS MARKET FOR HIGH & VERY-HIGH-FIELD SYSTEMS, BY TYPE, 2021–2028 (USD MILLION)           139

TABLE 118         MIDDLE EAST & AFRICA: MRI SYSTEMS MARKET, BY ARCHITECTURE,  2021–2028 (USD MILLION)    140

TABLE 119         MIDDLE EAST & AFRICA: MRI SYSTEMS MARKET FOR CLOSED MRI SYSTEMS, BY TYPE 2021–2028 (USD MILLION)          140

TABLE 120         MIDDLE EAST & AFRICA: MRI SYSTEMS MARKET, BY APPLICATION,  2021–2028 (USD MILLION)        140

TABLE 121         MIDDLE EAST & AFRICA: MRI SYSTEMS MARKET, BY END USER,  2021–2028 (USD MILLION)          141

10.7       MIDDLE EAST & AFRICA: RECESSION IMPACT   141

11          COMPETITIVE LANDSCAPE       142

11.1       OVERVIEW        142

11.2       KEY STRATEGIES/RIGHT TO WIN           142

FIGURE 28         STRATEGIES ADOPTED BY KEY PLAYERS IN MRI SYSTEMS MARKET            143

11.3       REVENUE SHARE ANALYSIS       143

FIGURE 29         REVENUE SHARE ANALYSIS OF TOP THREE PLAYERS (2020–2022)    144

11.4       MARKET SHARE ANALYSIS         144

FIGURE 30         SIEMENS HEALTHINEERS COMMANDED LARGEST MARKET SHARE IN 2022  144

TABLE 122         DEGREE OF COMPETITION: MRI SYSTEMS MARKET      145

11.5       COMPANY EVALUATION MATRIX, 2022 146

11.5.1    STARS  146

11.5.2    PERVASIVE PLAYERS     146

11.5.3    EMERGING LEADERS    146

11.5.4    PARTICIPANTS 146

FIGURE 31         COMPANY EVALUATION MATRIX, 2022 147

11.5.5    COMPANY FOOTPRINT 148

TABLE 123         FIELD STRENGTH AND REGIONAL FOOTPRINT: MRI SYSTEMS MARKET            148

11.6       START-UP/SME EVALUATION MATRIX, 2022      148

11.6.1    PROGRESSIVE COMPANIES       148

11.6.2    RESPONSIVE COMPANIES          148

11.6.3    DYNAMIC COMPANIES 149

11.6.4    STARTING BLOCKS       149

FIGURE 32         START-UP/SME EVALUATION MATRIX, 2022      149

11.6.5    COMPETITIVE BENCHMARKING            150

TABLE 124         DETAILED LIST OF KEY START-UPS/SMES         150

11.7       COMPETITIVE SCENARIO AND TRENDS             150

11.7.1    KEY PRODUCT LAUNCHES AND APPROVALS    150

TABLE 125         KEY PRODUCT LAUNCHES AND APPROVALS, JANUARY 2020–OCTOBER 2023 150

11.7.2    KEY DEALS        151

TABLE 126         KEY DEALS, JANUARY 2020–JULY 2023    151

12          COMPANY PROFILES    154

(Business overview, Products/Services/Solutions offered, Recent Developments, MNM view)*

12.1       KEY PLAYERS   154

12.1.1    SIEMENS HEALTHINEERS          154

TABLE 127         SIEMENS HEALTHINEERS: COMPANY OVERVIEW           154

FIGURE 33         SIEMENS HEALTHINEERS: COMPANY SNAPSHOT (2022)              155

12.1.2    GE HEALTHCARE          159

TABLE 128         GE HEALTHCARE: COMPANY OVERVIEW           159

FIGURE 34         GE HEALTHCARE: COMPANY SNAPSHOT (2022)             160

12.1.3    KONINKLIJKE PHILIPS N.V.        163

TABLE 129         KONINKLIJKE PHILIPS N.V.: COMPANY OVERVIEW         163

FIGURE 35         KONINKLIJKE PHILIPS N.V.: COMPANY SNAPSHOT (2022)              164

12.1.4    FUJIFILM CORPORATION           167

TABLE 130         FUJIFILM CORPORATION: COMPANY OVERVIEW           167

FIGURE 36         FUJIFILM CORPORATION: COMPANY SNAPSHOT (2022)              168

12.1.5    CANON INC.      171

TABLE 131         CANON INC.: COMPANY OVERVIEW      171

FIGURE 37         CANON INC.: COMPANY SNAPSHOT (2022)        172

12.1.6    FONAR CORPORATION 174

TABLE 132         FONAR CORPORATION: COMPANY OVERVIEW 174

FIGURE 38         FONAR CORPORATION: COMPANY SNAPSHOT (2022)   174

12.1.7    ESAOTE S.P.A   176

TABLE 133         ESAOTE SPA: COMPANY OVERVIEW      176

12.1.8    SHANGHAI UNITED IMAGING HEALTHCARE CO., LTD. 178

TABLE 134         SHANGHAI UNITED IMAGING HEALTHCARE CO., LTD.: COMPANY OVERVIEW  178

FIGURE 39         SHANGHAI UNITED IMAGING HEALTHCARE CO., LTD.: COMPANY 

SNAPSHOT (2022)          178

12.1.9    ASPECT IMAGING LTD. 180

TABLE 135         ASPECT IMAGING LTD.: COMPANY OVERVIEW 180

12.1.10  TIME MEDICAL HOLDING         181

TABLE 136         TIME MEDICAL HOLDING: COMPANY OVERVIEW          181

12.1.11  NEUSOFT MEDICAL SYSTEMS CO., LTD.             183

TABLE 137         NEUSOFT MEDICAL SYSTEMS CO., LTD.: COMPANY OVERVIEW              183

12.1.12  AURORA HEALTHCARE US CORP.           184

TABLE 138         AURORA HEALTHCARE US CORP.: COMPANY OVERVIEW              184

12.1.13  STERNMED GMBH         186

TABLE 139         STERNMED GMBH: COMPANY OVERVIEW         186

12.1.14  SHENZHEN BASDA MEDICAL APPARATUS CO., LTD.      187

TABLE 140         SHENZHEN BASDA MEDICAL APPARATUS CO., LTD.: COMPANY OVERVIEW  187

12.1.15  XINGAOYI MEDICAL EQUIPMENT CO., LTD.      188

TABLE 141         XINGAOYI MEDICAL EQUIPMENT CO., LTD.: COMPANY OVERVIEW        188

*Details on Business overview, Products/Services/Solutions offered, Recent Developments, MNM view might not be captured in case of unlisted companies.

12.2       OTHER PLAYERS           189

12.2.1    MAGNETICA     189

12.2.2    HYPERFINE, INC.            189

12.2.3    INNERVISION MRI LTD. 190

12.2.4    SHENZHEN ANKE HIGH-TECH CO., LTD.            190

12.2.5    MEDONICA CO., LTD.   191

12.2.6    BEIJING WANDONG MEDICAL TECHNOLOGY CO., LTD.             192

12.2.7    NEOSCAN SOLUTIONS GMBH   193

12.2.8    KANGDA INTERCONTINENTAL MEDICAL EQUIPMENT CO., LTD.              194

12.2.9    MINFOUND MEDICAL SYSTEMS CO., LTD.         195

12.2.10  SYNAPTIVE MEDICAL   195

13          APPENDIX         196

13.1       DISCUSSION GUIDE      196

13.2       KNOWLEDGESTORE: MARKETSANDMARKETS’  SUBSCRIPTION PORTAL             200

13.3       CUSTOMIZATION OPTIONS      202

13.4       RELATED REPORTS       202

13.5       AUTHOR DETAILS         203