Asia Pacific Magnetic Resonance Imaging Coils Market By Application (Cardiovascular, Spine and Musculoskeletal, Neurology, Breast, Pediatric, Abdominal and Others), By Type (Radiofrequency Coil and Gradient Coil), By End-Use (Hospitals, Diagnostic Imaging Centers, Ambulatory Care Centers and Others), By Country, Growth Potential, Industry Analysis Report and Forecast, 2021 - 2027
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Market Report Description
The Asia Pacific Magnetic Resonance Imaging Coils Market would witness market growth of 9.1% CAGR during the forecast period (2021-2027). The introduction of different types of MRI coils like gradients and radiofrequency coils, which improves the diagnosis of MRI machines, will support the growth of the market.
The gradient coils generate the additional magnetic fields in three dimensions x, y and z, which overlaps the core magnetic field and provide spatially coded data that assists the system to evaluate or calculate the image slicing. The radiofrequency coils help in enhancing the reception of the magnetic resonance signal whereas certain coils emit the signals and also receives the signals. This further helps in providing a clear image by decreasing the noise and improves the signal-to-noise ratio. All these recent advancements in MRI systems and coils will further bolster the growth of the market during the forecast period.
Imaging centers segment garnered a substantial share of the market. It is because Imaging centers provide imaging services by several modalities in one place. These imaging centers are very helpful for all those hospitals, which do not have any dedicated room or enough space for imaging equipment. In addition, imaging centers expand all of their service to various hospitals. Equipments at these places are upgraded regularly than any imaging equipment centre in hospitals, and hence need a more advanced MRI coil for several applications.
The China market dominated the Asia Pacific Ambulatory Care Centers Market by Country in 2020, thereby, achieving a market value of $210.3 Million by 2027. The India market is showcasing a CAGR of 10.3% during (2021 - 2027). Additionally, The Japan market is estimated to grow at a CAGR of 10.4% during (2021 - 2027).
Based on Application, the market is segmented into Cardiovascular, Spine and Musculoskeletal, Neurology, Breast, Pediatric, Abdominal and Others. Based on Type, the market is segmented into Radiofrequency Coil and Gradient Coil. Based on End-Use, the market is segmented into Hospitals, Diagnostic Imaging Centers, Ambulatory Care Centers and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include General Electric (GE) Co. (GE Healthcare), Koninklijke Philips N.V., Siemens AG, Canon, Inc. (Canon Medical Systems Corporation), Hologic, Inc., Bruker Corporation, Esaote SpA, MR Instruments, Inc., RAPID MR International, LLC, and ScanMed, LLC.
Scope of the Study
Market Segments Covered in the Report:
- Spine and Musculoskeletal
- Radiofrequency Coil
- Gradient Coil
By End Use
- Diagnostic Imaging Centers
- Ambulatory Care Centers
- South Korea
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- General Electric (GE) Co. (GE Healthcare)
- Koninklijke Philips N.V.
- Siemens AG
- Canon, Inc. (Canon Medical Systems Corporation)
- Hologic, Inc.
- Bruker Corporation
- Esaote SpA
- MR Instruments, Inc.
- RAPID MR International, LLC
- ScanMed, LLC
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