The North America Magnetic Resonance Imaging Coils Market would witness market growth of 7% CAGR during the forecast period (2021-2027). With the growing demand for magnetic resonance imaging machines, several key players in the market are making more advanced & higher field strength (7T) magnetic resonance imaging machines.
The rising development in the MRI machines is opening several growth avenues for many players making to make coils, which support the high field strength machines. Nowadays, magnetic resonance imaging coils for high field strength machine is accessible for head and knee application, although, many research institutes are doing research to know about the efficacy of the machines in other applications. Apart from this, one of the major barriers to the market growth is the high cost attached to MRI coils.
With the increasing prevalence of chronic diseases like cancer, the demand for MRI coils is increasing. It is because the treatment and diagnosis of several chronic diseases require continuous monitoring of the patients through MRI scans, which further fuels the demand for magnetic resonance imaging coils in the market. There are various types of chronic diseases like neurological, cardiovascular, cancer, and urological diseases. In the U.S., almost half of the adult population is suffering from chronic diseases and a significant share of the healthcare expenditure is allotted for controlling the cases of the chronic diseases. Most of the patients with chronic diseases like cancer need to keep track of their condition and thus require regular MRI scan, and further surge the demand for MRI coils in the market.
The USA market dominated the North America Breast Market by Country in 2020, thereby, achieving a market value of $446.3 Million by 2027. The Canada market is experiencing a CAGR of 8% during (2021 - 2027). Additionally, The Mexico market would witness a CAGR of 10.1% 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 U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Magnetic Resonance Imaging Coils Market is Estimated to Reach USD 13.3 Billion by 2027 at a CAGR of 7.6%
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:
By Application
- Cardiovascular
- Spine and Musculoskeletal
- Neurology
- Breast
- Pediatric
- Abdominal
- Others
By Type
- Radiofrequency Coil
- Gradient Coil
By End Use
- Hospitals
- Diagnostic Imaging Centers
- Ambulatory Care Centers
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
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
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Magnetic Resonance Imaging Coils Market, by Application
1.4.2 North America Magnetic Resonance Imaging Coils Market, by Type
1.4.3 North America Magnetic Resonance Imaging Coils Market, by End Use
1.4.4 North America Magnetic Resonance Imaging Coils Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.2 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. North America MRI Coil Market by Application
3.1 North America Cardiovascular Market by Country
3.2 North America Spine and Musculoskeletal Market by Country
3.3 North America Neurology Market by Country
3.4 North America Breast Market by Country
3.5 North America Pediatric Market by Country
3.6 North America Abdominal Market by Country
3.7 North America Others Market by Country
Chapter 4. North America MRI Coil Market by Type
4.1 North America Radiofrequency Coil Market by Country
4.2 North America Gradient Coil Market by Country
Chapter 5. North America MRI Coil Market by End-use
5.1 North America Hospitals Market by Country
5.2 North America Diagnostic Imaging Centers Market by Country
5.3 North America Ambulatory Care Centers Market by Country
5.4 North America Others Market by Country
Chapter 6. North America MRI Coil Market by Country
6.1 USA MRI Coil Market
6.1.1 USA MRI Coil Market by Application
6.1.2 USA MRI Coil Market by Type
6.1.3 USA MRI Coil Market by End-use
6.2 Canada MRI Coil Market
6.2.1 Canada MRI Coil Market by Application
6.2.2 Canada MRI Coil Market by Type
6.2.3 Canada MRI Coil Market by End-use
6.3 Mexico MRI Coil Market
6.3.1 Mexico MRI Coil Market by Application
6.3.2 Mexico MRI Coil Market by Type
6.3.3 Mexico MRI Coil Market by End-use
6.4 Rest of North America MRI Coil Market
6.4.1 Rest of North America MRI Coil Market by Application
6.4.2 Rest of North America MRI Coil Market by Type
6.4.3 Rest of North America MRI Coil Market by End-use
Chapter 7. Company Profiles
7.1 General Electric (GE) Co. (GE Healthcare)
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 Research & Development Expense
7.1.5 Recent strategies and developments:
7.1.5.1 Product Launches and Product Expansions:
7.1.5.2 Approvals:
7.1.6 SWOT Analysis
7.2 Koninklijke Philips N.V.
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental and Regional Analysis
7.2.4 Research & Development Expense
7.3 Siemens AG
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental and Regional Analysis
7.3.4 Research & Development Expense
7.3.5 SWOT Analysis
7.4 Canon, Inc. (Canon Medical Systems Corporation)
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Segmental and Regional Analysis
7.4.4 Research & Development Expenses
7.4.5 Recent strategies and developments:
7.4.5.1 Partnerships, Collaborations, and Agreements:
7.5 Hologic, Inc.
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Segmental and Regional Analysis
7.5.4 Research & Development Expense
7.6 Bruker Corporation
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Segmental and Regional Analysis
7.6.4 Research & Development Expense
7.7 Esaote SpA
7.7.1 Company Overview
7.7.2 Recent strategies and developments:
7.7.2.1 Product Launches and Product Expansions:
7.8 MR Instruments, Inc.
7.8.1 Company Overview
7.9 RAPID MR International, LLC
7.9.1 Company Overview
7.10. ScanMed, LLC
7.10.1 Company Overview
TABLE 1 North America MRI Coil Market, 2017 - 2020, USD Million
TABLE 2 North America MRI Coil Market, 2021 - 2027, USD Million
TABLE 3 North America MRI Coil Market by Application, 2017 - 2020, USD Million
TABLE 4 North America MRI Coil Market by Application, 2021 - 2027, USD Million
TABLE 5 North America Cardiovascular Market by Country, 2017 - 2020, USD Million
TABLE 6 North America Cardiovascular Market by Country, 2021 - 2027, USD Million
TABLE 7 North America Spine and Musculoskeletal Market by Country, 2017 - 2020, USD Million
TABLE 8 North America Spine and Musculoskeletal Market by Country, 2021 - 2027, USD Million
TABLE 9 North America Neurology Market by Country, 2017 - 2020, USD Million
TABLE 10 North America Neurology Market by Country, 2021 - 2027, USD Million
TABLE 11 North America Breast Market by Country, 2017 - 2020, USD Million
TABLE 12 North America Breast Market by Country, 2021 - 2027, USD Million
TABLE 13 North America Pediatric Market by Country, 2017 - 2020, USD Million
TABLE 14 North America Pediatric Market by Country, 2021 - 2027, USD Million
TABLE 15 North America Abdominal Market by Country, 2017 - 2020, USD Million
TABLE 16 North America Abdominal Market by Country, 2021 - 2027, USD Million
TABLE 17 North America Others Market by Country, 2017 - 2020, USD Million
TABLE 18 North America Others Market by Country, 2021 - 2027, USD Million
TABLE 19 North America MRI Coil Market by Type, 2017 - 2020, USD Million
TABLE 20 North America MRI Coil Market by Type, 2021 - 2027, USD Million
TABLE 21 North America Radiofrequency Coil Market by Country, 2017 - 2020, USD Million
TABLE 22 North America Radiofrequency Coil Market by Country, 2021 - 2027, USD Million
TABLE 23 North America Gradient Coil Market by Country, 2017 - 2020, USD Million
TABLE 24 North America Gradient Coil Market by Country, 2021 - 2027, USD Million
TABLE 25 North America MRI Coil Market by End-use, 2017 - 2020, USD Million
TABLE 26 North America MRI Coil Market by End-use, 2021 - 2027, USD Million
TABLE 27 North America Hospitals Market by Country, 2017 - 2020, USD Million
TABLE 28 North America Hospitals Market by Country, 2021 - 2027, USD Million
TABLE 29 North America Diagnostic Imaging Centers Market by Country, 2017 - 2020, USD Million
TABLE 30 North America Diagnostic Imaging Centers Market by Country, 2021 - 2027, USD Million
TABLE 31 North America Ambulatory Care Centers Market by Country, 2017 - 2020, USD Million
TABLE 32 North America Ambulatory Care Centers Market by Country, 2021 - 2027, USD Million
TABLE 33 North America Others Market by Country, 2017 - 2020, USD Million
TABLE 34 North America Others Market by Country, 2021 - 2027, USD Million
TABLE 35 North America MRI Coil Market by Country, 2017 - 2020, USD Million
TABLE 36 North America MRI Coil Market by Country, 2021 - 2027, USD Million
TABLE 37 USA MRI Coil Market, 2017 - 2020, USD Million
TABLE 38 USA MRI Coil Market, 2021 - 2027, USD Million
TABLE 39 USA MRI Coil Market by Application, 2017 - 2020, USD Million
TABLE 40 USA MRI Coil Market by Application, 2021 - 2027, USD Million
TABLE 41 USA MRI Coil Market by Type, 2017 - 2020, USD Million
TABLE 42 USA MRI Coil Market by Type, 2021 - 2027, USD Million
TABLE 43 USA MRI Coil Market by End-use, 2017 - 2020, USD Million
TABLE 44 USA MRI Coil Market by End-use, 2021 - 2027, USD Million
TABLE 45 Canada MRI Coil Market, 2017 - 2020, USD Million
TABLE 46 Canada MRI Coil Market, 2021 - 2027, USD Million
TABLE 47 Canada MRI Coil Market by Application, 2017 - 2020, USD Million
TABLE 48 Canada MRI Coil Market by Application, 2021 - 2027, USD Million
TABLE 49 Canada MRI Coil Market by Type, 2017 - 2020, USD Million
TABLE 50 Canada MRI Coil Market by Type, 2021 - 2027, USD Million
TABLE 51 Canada MRI Coil Market by End-use, 2017 - 2020, USD Million
TABLE 52 Canada MRI Coil Market by End-use, 2021 - 2027, USD Million
TABLE 53 Mexico MRI Coil Market, 2017 - 2020, USD Million
TABLE 54 Mexico MRI Coil Market, 2021 - 2027, USD Million
TABLE 55 Mexico MRI Coil Market by Application, 2017 - 2020, USD Million
TABLE 56 Mexico MRI Coil Market by Application, 2021 - 2027, USD Million
TABLE 57 Mexico MRI Coil Market by Type, 2017 - 2020, USD Million
TABLE 58 Mexico MRI Coil Market by Type, 2021 - 2027, USD Million
TABLE 59 Mexico MRI Coil Market by End-use, 2017 - 2020, USD Million
TABLE 60 Mexico MRI Coil Market by End-use, 2021 - 2027, USD Million
TABLE 61 Rest of North America MRI Coil Market, 2017 - 2020, USD Million
TABLE 62 Rest of North America MRI Coil Market, 2021 - 2027, USD Million
TABLE 63 Rest of North America MRI Coil Market by Application, 2017 - 2020, USD Million
TABLE 64 Rest of North America MRI Coil Market by Application, 2021 - 2027, USD Million
TABLE 65 Rest of North America MRI Coil Market by Type, 2017 - 2020, USD Million
TABLE 66 Rest of North America MRI Coil Market by Type, 2021 - 2027, USD Million
TABLE 67 Rest of North America MRI Coil Market by End-use, 2017 - 2020, USD Million
TABLE 68 Rest of North America MRI Coil Market by End-use, 2021 - 2027, USD Million
TABLE 69 Key Information – General Electric (GE) Co.
TABLE 70 Key Information – Koninklijke Philips N.V.
TABLE 71 Key Information – Siemens AG
TABLE 72 Key Information – Canon, Inc.
TABLE 73 Key information – Hologic, Inc.
TABLE 74 Key Information – Bruker Corporation
TABLE 75 Key Information – Esaote SpA
TABLE 76 key information – MR Instruments, Inc.
TABLE 77 key information – RAPID MR International, LLC
TABLE 78 key information – ScanMed, LLC
List of Figures
FIG 1 Methodology for the research
FIG 2 Swot analysis: General electric (GE) Co.
FIG 3 Swot analysis: Siemens AG