United Kingdom Magnetic
Resonance Imaging (MRI) market is expected to register robust growth in the
forecast period, 2023-2027. Magnetic
Resonance Imaging (MRI) represents an advanced medical imaging technique used
to image the anatomy and physiological processes in the body of an individual.
These images are formed by MRI scanners utilizing high power magnets, radio
waves, strong magnetic fields, and magnetic field gradients. Increase in public
awareness pertaining to early disease diagnosis is one of the primary factors
for the magnetic resonance imaging systems market growth. An early disease
diagnosis allows the individual to participate in their own legal, financial,
and long-term care planning. Early diagnosis of orthopedic, cardiovascular, and
other diseases enhances the probability for successful treatment.
Diffused-weighted MRI is widely employed in identifying stroke within 30
minutes of its beginning. The expansion of medical devices sector increases the
employment rate in the healthcare industry.
This, in turn, is expected to propel the growth of the MRI market during
the forecast period.
Rise in Number of
Diseases is Expected to Augment the Market Growth
The growing prevalence
of chronic diseases coupled with the increasing adoption of diagnostic services
are supporting the growth for this market.
Furthermore, the ability of magnetic resonance imaging (MRI) of early
detection of several conditions including the orthopedic and cardiovascular
substantially improves the success rates of the treatment that further favors
its adoption across the United Kingdom. The expanding elderly population, who
are more prone to various medical issues, is driving up the adoption of MRI
systems. Also, the growing awareness regarding the benefits of early diagnosis
and the advent of MRI-compatible pacemakers expand the magnetic resonance
imaging (MRI) market’s growth rate. Additionally, the expanding healthcare
industry along with the initiatives undertaken by the government authorities to
make quality healthcare facilities accessible are also expected to fuel the
market growth in the forthcoming years.
Launch of
Technologically Advance Products Supports the Market Growth
Extensive investments in
product development, numerous manufacturers are focusing on efforts to explore
more applications of MRI systems which aids he market growth. With this, the
enhancing healthcare infrastructure in emerging economies offer lucrative
market opportunities for MRI system providers. Product launches and approvals
have emerged as a key growth strategy adopted by leading MRI system suppliers
which accelerates the growth of the market. This growth strategy further
assists manufacturers in the diagnostic imaging market to strengthen their
product portfolios and gain market share through increased MRI system
shipments. Additionally, the magnetic resonance imaging market is a
technological-driven space, which witnesses the development of innovative MRI
systems.
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Market Segmentation
The United Kingdom Magnetic
Resonance Imaging (MRI) market is segmented into field strength,
type, architecture, source, application, end
user, regional
distribution, and competitive landscape. Based on field strength, the market is
divided into high-field MRI systems (1.5t MRI systems, 3t MRI systems),
low-to-mid-field MRI systems (<1.5t), very-high-field MRI systems (4t and
above)). Based on type, the market is bifurcated into fixed and mobile. Based
on architecture, the market is bifurcated into closed MRI systems and open MRI
systems. Based on source, the market is divided into domestic and import. Based
on application, the market is segmented into brain and neurological, oncology,
spine and musculoskeletal, abdominal, cardiac, others. Based on end user, the
market is divided into hospitals,
imaging centers, ambulatory surgical centers, others. The United
Kingdom Magnetic Resonance Imaging (MRI) market is studied in major regions
namely London, Southeast, East Anglia, Scotland, Southwest, East Midlands,
Yorkshire & Humberside, Rest of United Kingdom.
Market Players
Philips Medical Systems UK
Limited, GE Healthcare UK Limited, Siemens Healthcare Limited, Canon Medical
Systems Limited, Hitachi Medical Systems UK Limited, Fujifilm Healthcare UK
Limited, United Imaging Healthcare Company Limited are the key market players
operating in United Kingdom Magnetic Resonance Imaging (MRI).
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Attribute
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Details
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Base Year
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2021
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Historic Data
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2017 – 2020
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Estimated Year
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2022
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Forecast Period
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2023 – 2027
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Quantitative Units
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Revenue in USD Million, and CAGR for 2017-2021 and 2022-2027
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Report coverage
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Revenue forecast, company share, competitive landscape, growth
factors, and trends
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Segments covered
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·
Field
Strength
·
Architecture
·
Source
·
Application
·
End User
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Regional scope
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London, Southeast, East Anglia, Scotland, Southwest, East
Midlands, Yorkshire & Humberside, Rest of United Kingdom
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Key companies profiled
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Philips Medical Systems UK Limited, GE
Healthcare UK Limited, Siemens Healthcare Limited , Canon Medical Systems Limited, Hitachi
Medical Systems UK Limited, Fujifilm Healthcare UK Limited, United Imaging
Healthcare Company Limited
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Customization scope
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10% free report customization with purchase. Addition or
alteration to regional & segment scope.
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Pricing and purchase options
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Avail customized purchase options to meet your exact research
needs. Explore purchase options
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Delivery Format
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PDF and Excel through Email (We can also provide the editable
version of the report in PPT/Word format on special request)
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Report Scope:
In this report, United Kingdom Magnetic
Resonance Imaging (MRI) has been segmented into following categories, in
addition to the industry trends which have also been detailed below:
·
United Kingdom Magnetic
Resonance Imaging (MRI) Market, By Field Strength:
o High-Field MRI Systems (1.5t MRI
Systems, 3t MRI Systems)
o Low-To-Mid-Field MRI Systems
(<1.5t)
o Very-High-Field MRI Systems (4t
and above))
·
United Kingdom Magnetic
Resonance Imaging (MRI) Market, By Type:
o Fixed
o Mobile
·
United Kingdom Magnetic
Resonance Imaging (MRI) Market, By Architecture:
o Closed MRI Systems
o Open MRI Systems
·
United Kingdom Magnetic
Resonance Imaging (MRI) Market, By Source:
o Domestic
o Import
·
United Kingdom Magnetic
Resonance Imaging (MRI) Market, By Application:
o Brain and Neurological
o Oncology
o Spine and Musculoskeletal
o Abdominal
o Cardiac
o Others
·
United Kingdom Magnetic
Resonance Imaging (MRI) Market, By End User:
o Hospitals
o Imaging Centers
o Ambulatory Surgical Centers
o Others
·
United Kingdom Magnetic
Resonance Imaging (MRI) Market, By Region:
o London
o
Southeast
o
East
Anglia
o
Scotland
o
Southwest
o
East
Midlands
o
Yorkshire
& Humberside
o
Rest
of United Kingdom
Competitive Landscape
Company
Profiles: Detailed
analysis of the major companies present in United Kingdom Magnetic Resonance
Imaging (MRI).
Available Customizations:
With the given market data, TechSci
Research offers customizations according to a company’s specific needs. The
following customization options are available for the report:
Company Information
·
Detailed
analysis and profiling of additional market players (up to five).
United Kingdom Magnetic
Resonance Imaging (MRI) is an upcoming report to be released soon. If you wish
an early delivery of this report or want to confirm the date of release, please
contact us at [email protected]