Today: April 21, 2018, 6:12 am

Europe Open MRI Systems Market to grow at a CAGR of 6.7%

Europe Open MRI Systems Market, published by Market Data Forecast, the Europe market is projected to reach USD 920 million by 2022, at a CAGR of 6.7% from 2017 to 2022.
Open MRI
Open MRI 2017-12-07 12:40:42
MRI stands for Magnetic Resonance Imaging. It takes pictures of the internal organs of the body using pulses coming from radio wave energy generated by the utilization of magnetic field. Usually MRI’s are closed but some are open hence the name Open MRI. They do not enclose the body entirely.

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Europe Open MRI Systems Market: Drivers & Restraints

Rapid advancements in technology in MRI technique, rising geriatric population, rising applications of software, open architecture, and latest innovations like pacemakers compatible with MRI are the primary drivers of market growth.

Depleting helium gas reserves, hefty costs, reduced reimbursement rates, intricate machinery and lack of trained professionals are the primary restraints of market growth.

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Europe Open MRI Systems Market: Segmentation

By Field Strength

• Low to Mid field

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Europe Open MRI Systems Market: Overview

By application, brain market segment is the market leader and is anticipated to retain its position. It is because of the augmenting geriatric population.

Europe is a moderately developed market. Its growth is going to be sluggish in the aforementioned forecast period mainly due to the debt crisis looming in Europe and countries like Greek crumbling under it.

Europe Open MRI Systems Market: Key Players

Key players in the market include Toshiba Medical Systems (Japan), GE Healthcare (U.K.), Siemens Healthcare (Germany). Other players in the market include Hitachi Medical Corporation (Japan), and Philips Healthcare (Netherlands).

About Market Data Forecast:

Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, they cater to the needs of both individual and corporate clients. From all-encompassing umbrella markets to extremely specific niche markets covering all the major regions across the globe as part of the research scope, their research services offer one of a kind specialities with competitive pricing options. For more information, kindly visit,

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