January 27, 2020
Open System MRI Market

Open System MRI Market to Soar at steady CAGR up to 2023

Global Open System MRI Market Overview:
The Open System MRI Market is estimated at $1.26 billion, growing 4.8% at CAGR between 2016 and 2021.
MRI is a powerful diagnostic tool that replaces CT due to its greater sensitivity and non-ionizing radiation. Open MRI is the most popular between open and closed MRI systems. Open MRI devices have a top and bottom magnetic field and do not enclose the patient in a tunnel. This prevents Claustrophobic patients. A research demonstrates that one in six patients suffer from claustrophobia, so the open system is preferred and the closed system is quickly replaced. The machinery market can be segmented based on resolution (low-field, mid-fieldand high-field), applications (neurology, cardiology, gastroenterology and oncology) and geographically (North America, Europe, Asia-Pacific, Middle East and Africa and the rest of the globe). Key sector players are GE, Hitachi Medical Corporation, Philips Healthcare, Siemens Healthcare and Toshiba Medical Systems.
Global Open System MRI Market Drivers:
Technology and healthcare advances have produced this technology popular. Not only is it safe, its preferred by all patients as it doesnt make them claustrophobic. Its stronger than CT. Growing aging population and greater disease incidence are drivers of this market.
Global Open System MRI Market Restraints:
The growing number of accidents in implant patients like pacemakers and cochlear implants. Technology also needs qualified experts to diagnose and analyze outcomes.

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