Increasing Demand for MRI Diagnostic Procedures Set to Rise Magnetic Resonance Imaging Systems Market Growth

Published By: IndustryARC Published On : 20-Feb-2018

The Magnetic Resonance Imaging Systems Market deals with the development of the medical imaging technology. Magnetic resonance imaging (MRI) is an advanced imaging technique that employs both strong magnetic field and radio frequency waves to generate high resolution images of the organs and tissues of the human body.  

Different types of magnetic resonance imaging are available based on strength of the field. In this High-Field MRI systems gives more cleared images when compared with other MRI systems. The images that are given by the MRI system are having more information regarding tissues and ligaments and body organs when we compare with the images of X-ray, CT scan and ultra sound techniques. The increasing prevalence of life style diseases such as cardiovascular, cancer and diabetes are driving the high growth for the Magnetic Resonance Imaging Systems Market.

Improving access to health-care facilities is the main key growth factor that drives the Magnetic Resonance Imaging Systems Market. In addition, rising number of chronic diseases, increasing demand for minimally invasive or non-invasive diagnostic procedures are the primary growth drivers of the market of MRI systems. Also, advancement in MRI Scan techniques like open MRI systems, software upgrades and superconducting magnets are driving the market growth.  

High cost of MRI scan procedures and insufficient reimbursement policies are the primary factors that restrains the Magnetic Resonance Imaging Systems Market growth. Rising incidences like diseases and disorders related to central nervous system, tumors, spine lesions, stroke affected area in brain and blood vessels are pushing the market growth forward. In future, technological advancement will likely to offer additional features for early detection of molecular and cellular changes in Alzheimer disease and for other diseases.

North America is leading the Magnetic Resonance Imaging Systems Market, due to high usage of MRI systems, having good healthcare setup and better awareness. Asia-Pacific is projected to have the fastest growth, due to having rapid growth healthcare set up and use of MRI systems in major nations like India and China. Europe is also registering healthy growth in this market.

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