are top players profiled in the market. These firms majorly are engaging in promising product innovations and business expansion tactics to gain a competitive edge.
Authors:
Mariam Faizullabhoy
Frequently Asked Questions (FAQ) :
Global market for magnetic resonance imaging systems was valued at USD 7 billion in 2022 and is primed to grow at a 5.5% CAGR between 2023 and 2032 propelled by the increasing number of accidents in Asia Pacific and other emerging economies.
Closed-system segment is poised to reach a valuation of over USD 11 billion by 2032 as a result of positive efforts by manufacturers to lower noise levels, boost scan rates, and use less power of these systems.
Hospitals end-use segment is anticipated to garner over USD 4 billion in revenue by 2032 owing to wide applicability in hospitals for diagnostic and therapeutic purposes to monitor the progression of diseases and the positive results of therapies over time.
North America magnetic resonance imaging systems market is slated to depict growth at over 5.5% CAGR from 2023 to 2032 on account of continuous emphasis on the development of technologies, especially in the fields of software and image processing in the region.