Fitness Trends Magnetic Resonance Imaging (MRI) Systems Market
Magnetic Resonance Imaging (MRI) Systems Market -
Global Industry Insights, Trends, Size, Share, Outlook,
and Opportunity Analysis, 2018-2026
Magnetic resonance Imaging (MRI) is an advanced medical imaging technique employed to
image the anatomy and physiological processes in the body of an individual. These images are
formed by MRI scanners using high power magnets, strong magnetic fields, radio waves and
magnetic field gradients. Magnetic resonance imaging systems does not use ionizing radiations,
it is mainly favored over computed tomography (CT) scans. MRI is also considered to be a
standard option for neuroimaging and investigating neurological cancers, as it provides better
resolution images as compared to that of CT images. It can also be used for musculoskeletal
imaging, including spinal imaging, locating soft tissue tumors, and assessment of joint diseases.
Apart from these applications, MRI can be a suitable option to examine sports injuries, vascular
abnormalities, prostrate problems, pelvic problems of females, assessment of the gastrointestinal
tract, and to investigate several conditions of nose, throat and ear. Patients with preexisting
implants cannot be scanned with MRI.
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The lethal rates caused due to chronic diseases could be lowered with improvised diagnostic
techniques leaving a scope for growth in global magnetic resonance imaging systems market
According to The National Health Council (NHC) of United States, around 133 million cases of
chronic diseases were reported in the country in 2014, which accounts to 40% of the total
population of the country. Moreover, NHC suggests that around 75% of the total healthcare
costs are the results of chronic diseases suggesting these population to be graving for proper
diagnostic and imaging requirements, which could be fulfilled by MRI systems. According to
Center for Disease Control (CDC), 2016, around 610,000 deaths are reported in the U.S.
annually due to cardiac arrest and other cardiovascular diseases. This rate could be lowered if
proper diagnostic and imaging technologies are available in the market leading to opportunities
for advancement in the MRI systems market.
Asia Pacific exhibiting fast growth and technological development in global MRI systems market