Medical Devices / MRI Monitoring Devices Market - Global Growth, Trends And Forecast (2022 - 2027) By Types, By Application, By Regions And By Key Players: General Electric Company, Koninklijke Philips N.V., IRadimed Corporation
MRI monitoring Devices Market - Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: General Electric Company, Koninklijke Philips N.V., IRadimed Corporation
Acknowledging the kind of traction gained by this market,Industry Data Analytics recently published a study report asserts the global MRI monitoring Devices Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 6.5% during the review period (2022 to 2027)
MRI monitoring Devices Market Overview
Monitoring is the continuous observation of a patient's vital signs in order to detect changes in physiological parameters and prevent unfavorable outcomes. MRI monitoring devices are built expressly for use in magnetic resonance environments, making transferring a patient to the MRI room much easier.
These cutting-edge solutions help to improve MRI efficiency while reducing the amount of time critically ill patients spend in the hospital. Advanced features such as smart battery alternatives, alarm systems, touch screen options, light weight, remote control, point-of-care monitoring, wireless connectivity, and long life are included in these systems.
Critically ill or high-risk patients, sedated or anesthetized individuals, newborn and pediatric patients, and physically or psychologically unstable people all require constant monitoring and support throughout MRI treatments. Because medical personnel cannot spend all of their time with patients, these monitoring systems are designed to relay real-time data from the bedside monitor to the control room for distant monitoring.
Who are the Major Players in MRI monitoring Devices Market?
The global MRI monitoring Devices includes identification and analysis of the various market participants competing in the global market. Prominent competitors include General Electric Company, Koninklijke Philips N.V., IRadimed Corporation, MIPM GmbH, Bayer AG And Others.
Industry News and Updates:
Philips and Samsung Team Up to Expand the Connected Health Ecosystem
March 8, 2018 – Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, and Samsung Electronics Co. Ltd. today announced plans for a strategic partnership to connect Samsung’s ARTIK Smart IoT Platform to the Philips HealthSuite Digital Platform. This collaboration will ultimately allow the Samsung ARTIK ecosystem of connected devices to safely access and share information with Philips’ cloud platform. Healthcare application developers will be able to realize interoperable connected health solutions using integrated data sets and innovative HealthSuite services such as advanced health analytics.
What are the major Applications, Types and Regions for MRI monitoring Devices Market?
Market is segmented based on the type, applications, companies and regions.
By Type, it is segmented into
Basic MRI Monitoring Devices
Advanced MRI Monitoring Devices
By Application, it is segmented into
Hospitals
Clinics
Diagnostic Centers
MRI monitoring Devices Market Regional Analysis
The MRI monitoring Devices market may be divided into five regions: North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. Because of the rising adoption of modern equipment in healthcare systems, North America dominates the global MRI monitoring Devices market.
Because of the strong adoption of patient safety equipment in its healthcare facilities, Europe is the second largest market. However, due to improvements in healthcare infrastructure, an increase in the number of private hospitals, an increase in the number of qualified patients, and an increase in medical tourism, Asia-Pacific will have the largest growth rate in the future years. Over the projection period, Latin America, followed by MEA, has the lowest market share and growth rate in the MRI monitoring devices market.
North America
US
Canada
Europe
Germany
France
UK
Italy
Spain
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Rest of the World
Middle East & Africa
Latin America
What is our MRI monitoring Devices Market report scope?
Report Attributes
Report Details
Forecast Period 2022 to 2027 CAGR
CAGR of 6.5% over the forecast period (2022-2027)
By Type
Basic MRI Monitoring Devices
Advanced MRI Monitoring Devices
By Application
Hospitals
Clinics
Diagnostic Centers
By Companies
General Electric Company, Koninklijke Philips N.V., IRadimed Corporation, MIPM GmbH, Bayer AG
Regions Covered
North America
Europe
Asia-Pacific
Rest of the World
Countries Covered
US
Canada
Germany
France
UK
Italy
Spain
Rest of Europe
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Middle East & Africa
Latin America
Base Year
2022
Historical Year
2017 to 2021
Forecast Year
2022 to 2027
Number of Pages
126
Customization Available
Yes, the report can be customized as per your needs
Key Takeaways from this MRI monitoring Devices Report
Evaluate MRI monitoring Devices market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.
Understand the different dynamics influencing the market - growth driving factors, specific challenges and hidden opportunities.
Get in-depth insights on your competitor performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis and more.
Analyze the sales and distribution channels across geographies to enhance top-line revenues.
Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies in your processes.
Get a quick outlook on the MRI monitoring Devices market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.
Evaluate the import-export statistics, supply-demand and competitive landscape for more than top 20 countries globally for the market.
Frequently Asked Questions
How do you conduct primary research interviews?
We use tools such as video conferences, telephone calls, face-to-face interviews, and questionnaires with key respondents.
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Who are the key players in MRI monitoring Devices Market?
General Electric Company, Koninklijke Philips N.V., IRadimed Corporation, MIPM GmbH, Bayer AG
What regions does this MRI monitoring Devices Market report cover?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What are the significant types of MRI monitoring Devices Market?
What are the major end-use applications of the MRI monitoring Devices Market?
Hospitals, Clinics, Diagnostic Centers
All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.
INTRODUCTION
MARKET DEFINATION
MARKET DYNAMICS
MARKET SEGMENTATION
REPORT TIMLINES
KEY STAKEHOLDERS
RESEARCH METHODOLOGY
DATA MINING
SECONDARY RESEARCH
PRIMARY RESEARCH
SUBJECT MATTER EXPERT ADVICE
QUALITY CHECK
FINAL REVIEW
DATA TRIANGULATION
BOTTOM-UP APPROACH
TOP-DOWN APPROACH
RESEARCH FLOW
EXECUTIVE SUMMARY
INTRODUCTION
GLOBAL MRI MONITORING DEVICES MARKETBY TYPES
GLOBAL MRI MONITORING DEVICES MARKET BY APPLICATIONS
MARKET DYNAMICS
DRIVERS
INCREASING DEMAND FOR MRI MONITORING DEVICES MARKET
RESTRAINTS
STRINGENT ENVIRONMENTAL REGUALTIONS
HIGH COST ON MATERIALS
OPPORTUNITIES
MRI MONITORING DEVICES MARKET
APPLICATION OF MRI MONITORING DEVICES MARKET
IMPACT OF COVID 19
GLOBAL MRI MONITORING DEVICES MARKET, BY TYPES
Basic MRI Monitoring Devices
Advanced MRI Monitoring Devices
GLOBAL MRI MONITORING DEVICES MARKET, BY APPLICATION
SECONDARY RESEARCH Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.