Magnetic Resonance Imaging (MRI) Producers and MRI Market Trend
Date : 2022-01-07
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Magnetic Resonance Imaging (MRI) is a medical device that uses the magnetic resonance signal of nuclei (mainly hydrogen protons) in water molecules in the human body for tissue or organ imaging via reconstruction in a strong magnetic field. MRI has no radiation effects, has a higher soft-tissue resolution, and is particularly suitable for imaging brain tissue. MRI is able to show not only tangible solid lesions, but also the accurate determination of functional responses in the brain, heart, and liver. It can play an important role in the diagnosis of Parkinson's disease, Alzheimer's disease, cancer, and other diseases.
The global market for MRI was $5.5 billion in 2017, growing to $7.0 billion in 2022, with a CAGR of 4.9% from 2017 to 2022. Driven by the emerging market demand, the global market for MRI is expected to reach $8.7 billion in 2027, with a CAGR of 4.4% from 2022 to 2027.
Major global MRI suppliers are Siemens Healthineers, GE, Philips, Canon Medical, United Imaging Healthcare, Wandong Medical.