Europe 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 Europe Magnetic Resonance Imaging Coils Market would witness market growth of 7.2% CAGR during the forecast period (2021-2027). In the past few years, pediatric diagnostic imaging has gained more preference; hence, the procedural volume is witnessing a sharp surge.
MRI scans of the pediatric body possess several limitations like variations in patient size, low cooperation from the patient, and diverse imaging indications. In MRI of pediatrics, the coils that are utilized in it are heavy and may cause some discomfort to the patient. Thus, many researches are being conducted across the world to create a lightweight and effective coil for pediatric MRI. The semi-flexible array coils are created to fulfill the requirements & convenience of the patients. These semi-flexible coils help in enhancing the signal with depth, element positioning, 3D complete mechanical flexibility, and decreasing the coil weight. Thus, the increasing development of improved and effective coils for pediatric imaging is projected to fuel the growth of the segment over the forecast years.
In 2020, Europe acquired a significant share of the market and is estimated to maintain this trend during the forecast years. The countries in the European region like the U.K., Germany, and France have fully developed healthcare infrastructure and provide easy access for diagnostic imaging services. The regional market would witness bright growth prospects due to the growing ageing population in these countries is also estimated to spur the demand for medical imaging like MRI.
The Germany market dominated the Europe Gradient Coil Market by Country in 2020, thereby, achieving a market value of $319.2 Million by 2027. The UK market is exhibiting a CAGR of 5.3% during (2021 - 2027). Additionally, The France market is poised to grow at a CAGR of 7.8% 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 Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
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
- Rest of Europe
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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