According to the report Europe Closed MRI Systems Market, published by Market Data Forecast, the global market is projected to reach 1.23 billion by 2021, at a CAGR of 4.60%, from 2016 to 2021.
Closed MRI is a scan which utilizes magnetic field and pulses from Radio wave energy to make pictures of internal parts of our body. Closed MRI is generally more powerful with higher field strength and gives clearer images of malfunctioned part of the body. Closed MRI are completely closed on all sides. Market is expected to increase at a significant rate during the forecast period due to the development of pacemakers.
The MRI technique provides detailed information on clinically relevant images of an organism, both anatomically and functionally, without the use of ionizing radiation. MRI uses powerful radio waves, a rapidly changing magnetic field, and computerized systems to develop and produce images that enable physicians to undertake effective investigation of pathological and physiological changes in the affected tissues of a patient. This functionality and excellent safety profile of MRI systems makes them indispensable for the detection and assessment of chronic diseases
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Europe Closed MRI Systems Market: Drivers & Restraints
There are many drivers in this market like increase in aging population, developments in MRI techniques, Developing Markets, software Applications, and development of MRI compatible pacemakers. But some of the factors like high cost of MRI systems, draining helium gas deposits, declining reimbursement rates, lack of skilled labor and complexity of machines are restraining the market. Europe is a developed market for MRI Systems. Owing to Eurozone debt Crisis, Europe is estimated to have slow growth.
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Europe Closed MRI Systems Market: Segmentation
By Field Strength
- Low to Mid Field
- High Field
- Very High Field
- Ultra High Field
- MY-o-Y Growth Analysis, By Field Strength
- Market Attractiveness Analysis, By Field Strength
- Market Share Analysis, By Field Strength
- Y-o-Y Growth Analysis, By Application
- Market Attractiveness Analysis, By Application
- Market Share Analysis, By Application
Fromsimple data collation through secondary and primary research toad-hoc research requests relating to specific information, we provide our services via customization. Get customization at http://www.marketdataforecast.com/market-reports/europe-closed-mri-system-market-2327/customize-report
Europe Closed MRI Systems Market: Overview
The growth in this market is largely driven by the increasing incidence of cancer, diabetes and chronic diseases owing to the rising geriatric population. Features like visual monitoring, easy start up, mobility of system, steady and continuous infusion of multiple drugs at the same time, patient safety some of the major factors that are furthering the growth of the potential market of advanced infusion systems over conventional ones. If the training is not good enough, it can lead to increased mortality rate, which is restraining the growth of this market to some extent. The presence of strict regulations for product approval and possible medication errors associated with infusion pump may restrain the growth of the market during the forecast period.
Europe Closed MRI Systems Market: Region-wise Outlook
On the basis of geography, the Europe market is analyzed under various regions namely UK, Spain, Italy, Germany and France. North America commands the largest regional segment of the global advanced infusion systems market. In 2015, North America accounted for the largest share, with 48.7% of the market, followed by Europe, Asia-Pacific, Latin America, and the Middle East and Africa.
Key Questions Answered
- What will be the market growth till 2021 and what will be the resultant market forecast in the year?What was the market size from 2016 to 2021 ?
- What is the current and future Europe Closed MRI Systems Market outlook in global? What trends are affecting the Europe market?
- What is the competitive landscape and market share of major players in the EuropeClosed MRI Systems Market space globally?
- What are the key, high growth markets that Europe Closed MRI Systems Market manufacturers should expand into? Which market segments are growing the fastest?
- What are the unmet needs with the Europe Closed MRI Systems Market Marketcurrently on the market? How will emerging technologies fulfil these unmet needs?
- What is physician perception and market outlook of Europe Closed MRI Systems Market?
- What are the challenges and barriers that have hindered widespread adoption of Europe Closed MRI Systems Market?
- A comprehensive mapping of the competitive landscape and the market participants behaviour ?
Europe Closed MRI Systems Market: Key Players
Key players in the Closed MRI systems market are Hitachi Medical Corporation, Toshiba Medical Systems, Siemens Healthcare, GE Healthcare, Imris Inc., Fonar Corporation, Esaote S.P.A, Neusoft Medical System, Aurora Medical Imaging and Philips Healthcare.
Reasons to buy Europe Closed MRI Systems MarketReport:
- Global, regional and country-level analysis and forecasts of the study market; providing Insights on the geographical areas in which this industry is prospering
- Segment-level analysis on basis of product type, application, colour along with market size forecasts and y-o-y estimations to detect key areas of industry growth in detail
- Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
- Study of macro and micro environmental factors that affect the market presented in an extensive strategic analyses section containing PESTLE and Porter’s Five Forces Analyses
- A comprehensive listing of key market players along with company overview, product portfolios, key financial information (subjected to availability), SWOT analysis and Analyst overview to study and sustain the market environment
- Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
- Expertly devised Market Outlook along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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