The global MRI
compatible patient monitoring systems market is growing, due to increasing
installation of MRI devices. The
increase in geriatric population worldwide is resulting in the growth of the global
MRI compatible patient monitoring systems market, as the geriatric population is more susceptible to diseases, sickness and
syndromes, due to less regenerative abilities. According to a United Nations Department of Economic and Social Affairs
(UN-DESA) report on the global aging population, the population of individuals
aged 60 years or above is growing at a very high rate. In addition, with
the increase in chronic disease cases, accurate diagnosis is needed for the prevention
and treatment of such diseases; thus leading to increased usage of MRI scans
for the diagnosis of chronic diseases. Moreover, the increase in prevalence of
chronic diseases is likely to increase the demand for monitoring during scan, which
is leading to increased demand for MRI compatible patient monitoring systems.
Browse Report Description with Detailed TOC on “Global MRI Compatible
Patient Monitoring Systems Market” at: https://www.psmarketresearch.com/market-analysis/magnetic-resonance-imaging-compatible-patient-monitoring-system-market
The information and data in the
publication “Global MRI Compatible
Patient Monitoring Systems Market Size, Share, Development, Growth and Demand
Forecast to 2020” represent the research and analysis of data from various
primary and secondary sources. The top-bottom approach has been used to
calculate the global MRI compatible patient monitoring systems market. P&S
Market Research analysts and consultants interact with leading companies of the
concerned domain to substantiate every value of data presented in this report. The
company bases its primary research on discussions with prominent professionals
and analysts in the industry, which is followed by informed and detailed,
online and offline research.
MRI scanners use strong magnetic fields and radio waves, in order to
produce images of body structure for the diagnosis of various medical
conditions. Any loose metal device in an MRI environment may get pulled towards
the magnet, and could cause serious injury or damage. Hence, different
countries have their respective regulatory agencies for the approval of MRI
compatible devices.
Browse Related Research at: https://www.psmarketresearch.com/industry-report/medical-devices
However, certain restraints including
strict regulatory requirements for the approval of MRI compatible patient
monitoring systems, and high cost of MRI compatible patient monitoring systems are
hindering the growth of the global MRI compatible patient monitoring market.
The increasing awareness about MRI compatible patient monitoring systems in
developing countries, such as China and India, are laying opportunities for the
growth of the global MRI compatible patient monitoring systems market. North America dominates the global MRI
compatible patient monitoring systems market, due to the presence of developed
healthcare infrastructure, high healthcare spending and increasing prevalence
of chronic diseases. According to the Organization for Economic
Co-operation and Development (OECD),
in 2001, the number of MRI units per 1 million inhabitants in Canada and the
U.S. were 4.19 and 20.11 respectively, which increased to 8.83 and 35.49
respectively, in 2013.
Europe is witnessing
growth in MRI compatible patient monitoring systems market, which is attributed
to increasing geriatric population, high incidences of chronic diseases and growing
awareness among healthcare providers for the usage of MRI compatible patient
monitoring systems. According
to the European Society of Cardiology, a non-profit health association, each
year four million people die in Europe due to cardiovascular diseases, which is
responsible for 47% death toll in the region.
Similarly, the Asia-Pacific MRI
compatible patient monitoring systems market is expected to grow at the fastest
rate during the period 2015 – 2020. According
to the OECD, in 2002, the number of MRI units per million inhabitants in Japan
was 35.32, which increased to 46.87 in 2011.
The key companies operating in
the global MRI compatible patient monitoring systems market include Schiller
AG, Bayer AG, MIPM – Mammendorfer Institut für Physik und Medizin GmbH, General Electric Company, IRadimed Corporation,
and Koninklijke Philips N.V.
MRI COMPATIBLE PATIENT MONITORING SYSTEMS MARKET SEGMENTATION
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North America
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Europe
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Asia-Pacific
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Rest of the World (RoW)
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