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Report
United Kingdom Magnetic Resonance Imaging (MRI) Market, By Field Strength (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)), By Type (Fixed, Mobile), By Architecture (Closed MRI Systems and Open MRI Systems), By Source (Domestic v/s Import), By Application (Brain and Neurological, Oncology, Spine and Musculoskeletal, Abdominal, Cardiac, Others), By End User (Hospitals, Imaging Centers, Ambulatory Surgical Centers, Others), By Region, Competition Forecast & Opportunities, 2027
Market Report I 2023-03-01 I 78 Pages I TechSci Research
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. An increase in public awareness of 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 of successful treatment. Diffused-weighted MRI is widely employed in identifying stroke within 30 minutes of its beginning. The expansion of the 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.
A 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 is supporting the growth of this market. Furthermore, the ability of magnetic resonance imaging (MRI) for early detection of several conditions including orthopedic and cardiovascular substantially improves the success rates of the treatment further favoring 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 market growth in the forthcoming years.
Launch of Technologically Advance Products Supports the Market Growth
With extensive investments in product development, numerous manufacturers are focusing on efforts to explore more applications of MRI systems that aid he market growth. With this, the enhanced healthcare infrastructure in emerging economies offers 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 accelerate 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 technologically-driven space, which witnesses the development of innovative MRI systems.
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), and 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 users, the market is divided into hospitals, imaging centers, ambulatory surgical centers, and 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).
Report Scope:
In this report, United Kingdom Magnetic Resonance Imaging (MRI) has been segmented into the 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 the 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).
1. Product Overview
2. Research Methodology
3. Impact of COVID-19 on United Kingdom Magnetic Resonance Imaging (MRI) Market
4. Executive Summary
5. Voice of Customers
6. United Kingdom Magnetic Resonance Imaging (MRI) Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value
6.2. Market Share & Forecast
6.2.1. By Field Strength (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))
6.2.2. By Type (Fixed, Mobile)
6.2.3. By Architecture (Closed MRI Systems and Open MRI Systems)
6.2.4. By Source (Domestic v/s Import)
6.2.5. By Application (Brain and Neurological, Oncology, Spine and Musculoskeletal, Abdominal, Cardiac, Others)
6.2.6. By End User (Hospitals, Imaging Centers, Ambulatory Surgical Centers, Others)
6.2.7. By Region
6.2.8. By Company (2021)
6.3. Product Market Map
7. United Kingdom Fixed Magnetic Resonance Imaging (MRI) Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value
7.2. Market Share & Forecast
7.2.1. By Field Strength
7.2.2. By Architecture
7.2.3. By Application
7.2.4. By End Users
8. United Kingdom Mobile Magnetic Resonance Imaging (MRI) Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value
8.2. Market Share & Forecast
8.2.1. By Field Strength
8.2.2. By Architecture
8.2.3. By Application
8.2.4. By End Users
9. Market Dynamics
9.1. Drivers
9.2. Challenges
10. Market Trends & Developments
11. Policy & Regulatory Landscape
12. Import-Export Analysis
13. United Kingdom Economic Profile
14. Competitive Landscape
14.1. Philips Medical Systems UK Limited
14.2. GE Healthcare UK Limited
14.3. Siemens Healthcare Limited
14.4. Canon Medical Systems Limited
14.5. Hitachi Medical Systems UK Limited
14.6. Fujifilm Healthcare UK Limited
14.7. United Imaging Healthcare Company Limited
15. Strategic Recommendations
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