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The LAMEA Market for MRI Systems is expected to grow at a CAGR of 7.7% during the forecast period. Rise in the incidence of diseases have initiated the organizations to take measures against the problem by spreading the awareness for early diagnosis. Rising awareness would ultimately enhance the market for MRI Systems. The World Health Organisation (WHO) report states that there are certain health conditions that are expected to rise with the rise in ageing population, the conditions includes dementia, cancer, increase in the number of falls, obesity and diabetes. Owing to this need for MRI scan would be increasing in the market for the diagnosis or scan of the diseases.
The High Field System market dominated the LAMEA Magnetic Resonance Imaging Market in 2015, and would grow at a CAGR of 7.3% during the forecast period. The Brazil market registered the largest share in the LAMEA Magnetic Resonance Imaging Market in 2015, and would is expected to grow at a CAGR of 7.2% during the forecast period. However, Argentina market is expected to grow at CAGR of 8.6% during 2016-2022. The report highlights the adoption of Magnetic Resonance Imaging (MRI) in LAMEA (Latin America, Middle East and Africa). Based on the Type, the LAMEA Magnetic Resonance Imaging Market is segmented into Open MRI and Closed MRI segment. Based on the Field Strength, the market is bifurcated into High Field System, Medium Field System and Low Field System segments. Based on the Application, the market is bifurcated into Brain and Neurological MRI, Spine and Musculoskeletal MRI, Vascular MRI, Pelvic and Abdominal MRI, Breast MRI and Cardiac MRI segments.
The countries included in the report are Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria and Rest of LAMEA. Key Players profiled in the report includes General Electric, Siemens Healthcare, Philips Group, Hitachi Ltd., Toshiba Medical Systems Corporation, Shimadzu Corporation, Hologic Inc., Barco and Onex Corporation.