Insights on the Micro-Magnetic Resonance Imaging Global Market to 2030 - Advantages of Micro MRI Over Other Techniques is Driving Growth

News provided by

Apr 13, 2022, 13:30 ET

DUBLIN, April 13, 2022 /PRNewswire/ -- The "Micro-Magnetic Resonance Imaging Market Size, Share & Trends Analysis Report by Type (Permanent Magnet, Superconductive Magnet), by End-use (Universities and Academic, Contract Research Organisations), and Segment Forecasts, 2022-2030" report has been added to ResearchAndMarkets.com's offering.

The global micro-magnetic resonance imaging market size is expected to reach USD 2.5 billion by 2030, registering a CAGR of 4.3%.

Growing technological advancements in the field of micro-magnetic resonance imaging, increase in adoption of non-invasive small-animal imaging techniques, and increased funding to support preclinical research is expected to boost the market growth for micro-magnetic resonance imaging (MRI).

Micro MRI is an efficient system since it does not use ionizing radiation, provides good spatial resolution, and is particularly suitable for imaging soft tissues. Micro-MRI has a wide range of applications in small animals, including functional, anatomical, and molecular imaging. And is used in a variety of fields, including pharmacology, brain mapping, neurodegenerative illness, and psychiatry.

Technological developments are likely to contribute to market expansion, such as high magnetic field strength, high resolution, and cryogen-free systems. Furthermore, a rise in the adoption of micro MRI for preclinical research is expected to fuel the market growth during the forecast period. For instance, In August 2021, Bruker and the Karlsruhe Institute of Technology (KIT) in Germany completed the installation of the BioSpec 152/11, a 15.2 Tesla ultra-high field magnetic resonance (MR) imaging system. In January 2022, At Arizona State University in Tempe, Arizona, MR Solutions installed a 9.4T MRI system with variable fields at 7T and 3T.

Several obstacles arose as a result of the COVID-19 pandemic, including logistical constraints, low demand, and reduced sales and marketing activities. However, by mid-2022, the market is predicted to be steadily improving by encouraging end-users to embrace high-end technologies for pre-clinical research. This is expected to significantly boost the growth of the market for micro-magnetic resonance imaging in the coming years.

Micro-Magnetic Resonance Imaging Market Report Highlights

The superconductive magnet segment dominated the market in 2021 and is expected to grow at the fastest rate during the forecast period
The universities and academic segment held the largest revenue share of about 32.0% in 2021
The preclinical imaging and testing facilities segment is estimated to register the fastest growth rate during the forecast period
North America dominated the market and accounted for the largest revenue share in 2021
In Asia Pacific, the market is anticipated to witness the fastest CAGR over the forecast period owing to the increase in research and development activities in the region

Key Topics Covered:

Chapter 1. Methodology and Scope

Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Segment Outlook
2.2.1. Type outlook
2.2.2. Management outlook
2.2.3. Regional outlook
2.3. Competitive Insights

Chapter 3. Micro MRI Market Variables, Trends & Scope
3.1. Market Lineage Outlook
3.1.1. Parent market outlook
3.1.2. Related/ancillary market outlook
3.2. Penetration & Growth Prospect Mapping
3.3. Industry Value Chain Analysis
3.3.1. Reimbursement framework
3.4. Market Dynamics
3.4.1. Market driver analysis
3.4.1.1. Increased research on small animals
3.4.1.2. Advantages of micro MRI over other techniques
3.4.2. Market restraint analysis
3.4.2.1. High cost of equipment
3.5. Micro MRI Market Analysis Tools
3.5.1. Industry Analysis-Porter's
3.5.1.1. Supplier power
3.5.1.2. Buyer power
3.5.1.3. Substitution threat
3.5.1.4. Threat of new entrant
3.5.1.5. Competitive rivalry
3.5.2. PESTEL Analysis
3.5.2.1. Political landscape
3.5.2.2. Technological landscape
3.5.2.3. Economic landscape
3.5.3. Major Deals & Strategic Alliances Analysis
3.5.4. Market Entry Strategies

Chapter 4. Micro MRI Market: Type Estimates & Trend Analysis
4.1. Definitions and Scope
4.1.1. Superconductive Magnet
4.1.2. Permanent Magnet
4.2. Type Market Share, 2018 & 2030
4.3. Segment Dashboard
4.4. Global Micro MRI Market by Type Outlook
4.5. Market Size & Forecasts and Trend Analyses, 2018 to 2030 for the following
4.5.1. Superconductive Magnet
4.5.1.1. Superconductive Magnet estimates and forecast 2018 to 2030 (USD Million)
4.5.2. Permanent Magnet
4.5.2.1. Permanent Magnet estimates and forecasts 2018 to 2030 (USD Million)

Chapter 5. Micro MRI Market: Management Estimates & Trend Analysis
5.1. Definitions and Scope
5.1.1. Universities and Academic
5.1.2. Biotechnology and Pharmaceutical companies
5.1.3. Preclinical Imaging and testing facilities
5.1.4. Contract Research Organizations
5.1.5. Others
5.2. Management Market Share, 2018 & 2030
5.3. Segment Dashboard
5.4. Micro MRI Market by Management Outlook
5.5. Market Size & Forecasts and Trend Analyses, 2018 to 2030 for the following
5.5.1. Universities and Academic
5.5.1.1. Universities and Academic estimates and forecast 2018 to 2030 (USD Million)
5.5.2. Biotechnology and Pharmaceutical companies
5.5.2.1. Biotechnology and Pharmaceutical companies estimates and forecast 2018 to 2030 (USD Million)
5.5.3. Preclinical Imaging and testing facilities
5.5.3.1. Preclinical Imaging and testing facilities market estimates and forecast 2018 to 2030 (USD Million)
5.5.4. Contract Research Organizations
5.5.4.1. Contract Research Organizations market estimates and forecast 2018 to 2030 (USD Million)
5.5.5. Others
5.5.5.1. Others market estimates and forecast 2018 to 2030 (USD Million)

Chapter 6. Micro MRI Market: Regional Estimates & Trend Analysis

Chapter 7. Competitive Landscape
7.1. Recent Developments & Impact Analysis, By Key Market Participants
7.2. Company/Competition Categorization
7.2.1. Innovators
7.3. Vendor Landscape
7.3.1. List of key distributors and channel partners
7.3.2. Key customers
7.3.3. Key company market share analysis, 2018
7.3.4. Bruker
7.3.4.1. Company overview
7.3.4.2. Financial performance
7.3.4.3. Modality benchmarking
7.3.4.4. Strategic initiatives
7.3.5. Siemens Healthineers
7.3.5.1. Company overview
7.3.5.2. Financial performance
7.3.5.3. Modality benchmarking
7.3.5.4. Strategic initiatives
7.3.6. Phillips
7.3.6.1. Company overview
7.3.6.2. Financial performance
7.3.6.3. Modality benchmarking
7.3.6.4. Strategic initiatives
7.3.7. Varian
7.3.7.1. Company overview
7.3.7.2. Financial performance
7.3.7.3. Modality benchmarking
7.3.7.4. Strategic initiatives
7.3.8. Mediso
7.3.8.1. Company overview
7.3.8.2. Financial performance
7.3.8.3. Modality benchmarking
7.3.8.4. Strategic initiatives
7.3.9. MR Solutions
7.3.9.1. Company overview
7.3.9.2. Financial performance
7.3.9.3. Modality benchmarking
7.3.9.4. Strategic initiatives
7.3.10. Aspect Imaging
7.3.10.1. Company overview
7.3.10.2. Financial performance
7.3.10.3. Modality benchmarking
7.3.10.4. Strategic initiatives
7.3.11. Agilent
7.3.11.1. Company overview
7.3.11.2. Financial performance
7.3.11.3. Modality benchmarking
7.3.11.4. Strategic initiatives
7.3.12. Cubresa
7.3.12.1. Company overview
7.3.12.2. Financial performance
7.3.12.3. Modality benchmarking
7.3.12.4. Strategic initiatives
7.3.13. United Imaging
7.3.13.1. Company overview
7.3.13.2. Financial performance
7.3.13.3. Modality benchmarking
7.3.13.4. Strategic initiatives
7.3.14. Time Medical System
7.3.14.1. Company overview
7.3.14.2. Financial performance
7.3.14.3. Modality benchmarking
7.3.14.4. Strategic initiatives

For more information about this report visit https://www.researchandmarkets.com/r/5cl0q3

Media Contact:

Research and Markets
Laura Wood, Senior Manager
[email protected]

For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

SOURCE Research and Markets