Magnetic Resonance Imaging Market Will reach USD 4.8 Billion by 2016: Global MRI Industry Research Report: Transparency Market Research

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Albany NY (March 6, 2013) (CULRAV.ORG) –


According to Transparency Market Research ( “Magnetic Resonance Imaging (MRI) Market: Global Market Analysis, Size, Share & Forecast (2011 – 2017)”, Global MRI market was worth USD 3.9 billion in 2011 and is expected to reach USD 4.8 billion in 2017, growing at a CAGR of 3.5% from 2011 to 2017. In the overall global market, American region is expected to maintain its lead position in terms of revenue till 2017. America is expected to enjoy 37.3% of global MRI revenue share in 2017 followed by Asia.

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MRI is a medical diagnostic imaging technique by which detailed images of human anatomical structure is obtained to facilitate early diagnosis of disease. Increase in the aging population and rise in the number of patients suffering from chronic diseases are driving the MRI market. Increase in disposable income, especially in developing economies has led to rise in spending on healthcare, which is expected to augment the demand of MRI equipment.Transparency Market Research

The MRI market is segmented into Open MRI and Closed MRI based on structure. On the basis of field strength, MRI is categorized into High-Field, Mid-Field and Low-Field. Low field MRI revenue is expected to reduce by 9% during the forecast period (2011 – 2017) to reach USD 282.4 million in 2017

The Americas and Europe are the larger MRI markets; however, Asia and RoW regions are expected to have the highest growth rates for MRI scanners in the near future on account of technological advancements in MRI, rising affordability and increase in awareness amongst patients.

The Americas have the largest share in the Open MRI market on account of the increasing aging populations, who are aware of the benefits of early diagnosis. There has been a steep rise in the number of patients suffering from chronic diseases in this region leading to high usage of Open MRI equipment.

This report provides a holistic view to the overall global MRI market with 8 year market data & forecast based on the basis of structure of MRI Equipment (Open MRI & Closed MRI), magnetic field strength (high field MRI, mid field MRI and low field MRI) and geographic markets (Americas, Europe, APAC and RoW)


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Gynecological devices, as the name suggests deals devices used to treat  gynecological disorders. These devices are used to remedy diseases concerning the reproductive system such as uterine and ovarian cancer, pelvic related diseases, endometriosis and others.

The gynecological devices market could be segmented into two treatment conditions: uterine diseases and fertility related issues. The gynecological devices market is further segmented geographically into the North American region, European region, Asia Pacific region and the rest of the world and also into eight types based on the devices: Colposcopy devices, Hysteroscopy devices, Assisted reproductive consumable devices, Fluid management devices, Global endometrial ablation devices, Uterine artery embolization devices and sterility devices. The U.S holds the maximum share in the gynecological devices market followed by Europe.

The gynecological devices market is driven by factors such as the rising number of vulnerable female population in the world where almost 68% of the total female population lie between the diseases prone age ranges of 15 to 70, wallet friendly treatments coupled with minimally invasive treatment methods, rising number of working female population who adopt to gynecological treatments to avoid or delay pregnancy.

The Asia Pacific region will provide good opportunities to the gynecological devices market because of their ever increasing population and economical development. China is the largest importer of the medical devices market, but because of its strict import policies and redundant testing of the products, it acts as a restraint for the global gynecological devices market. However China has assured to ease its import policies providing an opportunity for the market.


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Magnetic Resonance Imaging Market Will reach USD 4.8 Billion by 2016: Global MRI Industry Research Report: Transparency Market Research, 5.0 out of 5 based on 1 rating

Transparency Market Research (TMR) is a market intelligence company providing global business research reports and consulting services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers. Author: Transparency Market Research@ Transparency Market Research

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