2013 Report on Advances in the MRI Systems Market - A Technology Trend Analysis Segmented by Architecture, Field Strengths, Technology and Applications in Medical Diagnostics with Market Landscape Analysis and Estimates to 2018

Jun 20, 2013, 09:36 ET from Research and Markets

DUBLIN, June 20, 2013 /PRNewswire/ --

Research and Markets (http://www.researchandmarkets.com/research/bccl4f/advances_in) has announced the addition of the "Advances in Magnetic Resonance Imaging (MRI) System Market (2013-2018) - Technology Trend Analysis - By Architecture, Field Strengths, Technology & Applications in Medical Diagnostics with Market Landscape Analysis - Estimates up to 2018" report to their offering.

     (Logo: http://photos.prnewswire.com/prnh/20130307/600769 )

The research service on Advances in MRI Systems Market (2013-2018) - Technology Trend Analysis - By Architecture, Field Strengths, Technology and Applications in Medical Diagnostics with Market Landscape Analysis - Estimates up to 2018, is an attempt to showcase the technology and market impact of existing and emerging MR systems having a huge growth potential in medical imaging for the coming five years.

Magnetic resonance imaging (MRI) is a medical imaging technique that makes use of magnetism, radio waves, and a computer to produce images of body structures. MRI scans have a wide variety of applications in disease diagnosis ranging from neuroscans, cardiac to liver scans. Closed MR imaging systems command the market due to the high clinical value delivered by the systems.

MR imaging has become the preferred diagnostic imaging method for imaging the central nervous system, particularly for detecting brain tumors, spine lesions, imaging blood vessels, and stroke affected areas of brain. This technology has gained impetus from the keen interest shown in it by technology developers and manufacturers that wish to make it more patient friendly.

The current magnetic resonance imaging industry is producing over 2,000 units per year. The global market for these systems values $4.13 billion, as of the first quarter of 2013, and is expected to grow at a CAGR of 4.56% reaching approximately around $5.24 billion by 2018. As of March 2013, North America dominates the market with nearly 40% share, followed by Europe due to technological developments for effective diagnostics and rapidly aging population. However, Asia is slated to grow at a high CAGR of 5.2% over the analysis period. Improved spending capability and physicians inclination towards MR imaging over other conventional medical imaging modalities is fuelling demand for MRI across this region. Asia holds enormous growth potential, particularly from countries with large population base such as China and India. The demand is anticipated primarily from private hospitals compared to public hospitals. The adoption of MR imaging equipment market is also likely to grow owing to the rising incidences of cardiac diseases, neurological and oncological cases in the region.

Key Topics Covered:

1 Introduction

2 Executive Summary

3 Mri - Technology Snapshot

4 Mri- Value Chain Analysis

5 Mri- Market Landscape Analysis

6 Technology Adoption & Development Potential-Based On Geography

7 Regulatory Landscape Analysis

8 Reimbursement Scenario

9 Investment Analysis And Opportunities

10 Competitive Landscape Analysis

11 Patent Analysis

12 Key Company Profiles

13 Appendix

Companies Mentioned

- Advanced Imaging Research, Inc. Dba Sree Medical Systems
- Agilent Technologies, Inc.
- Asg Superconductors S.P.A.
- Aurora Imaging Technology
- Bartington Instruments, Ltd.
- Bayer Healthcare Pharmaceuticals
- Biophan Technologies, Inc.
- Bruker Biospin Gmbh
- Doty Scientific, Inc.
- Esaote S.P.A
- Fonar Corporation
- Ge Healthcare
- Hitachi Medical Corporation
- Imris, Inc.
- Insightec Ltd.
- Lmt Lammers Medical Technology Gmbh
- Mr Instruments, Inc.
- Philips Healthcare
- Shenzhen Basda Medical Apparatus Co. Ltd.
- Siemens Healthcare
- Time Medical Systems
- Toshiba Medical Systems Corporation

For more information visit http://www.researchandmarkets.com/research/bccl4f/advances_in

About Research and Markets
Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

Research and Markets
Laura Wood, Senior Manager.
U.S. Fax: +1-646-607-1907
Fax (outside U.S.): +353-1-481-1716
Sector: Medical Devices

SOURCE Research and Markets