Global MRI market to be worth $8 billion in 2021
A new report from BCC Research shows that the MRI system market will see significant growth this year and through 2021.
In 2015, the global market reached $5.8 billion, and it’s expected to be nearly $6.1 billion this year. From now to 2021, the market is anticipated to growth at a rate of 5.7 percent to $8 billion total.
In North American alone, the MRI industry should reach $2.4 billion this year and up to $3.1 billion by 2021, a growth rate of 5.4 percent.
The data was measured based on the market’s structures, field strength, application, technique and region. They major regions in which markets are segmented include North America, Europe and Asia.
In the Asia-Pacific region, the market is predicted to reach about $1.5 billion this year and $2.1 billion in 2021, with the highest growth rate of 7.3 percent.
To view the full report, click here.
Senior Writer
As a Senior Writer for TriMed Media Group, Katherine primarily focuses on producing news stories, Q&As and features for Cardiovascular Business. She reports on several facets of the cardiology industry, including emerging technology, new clinical trials and findings, and quality initiatives among providers. She is based out of TriMed's Chicago office and holds a bachelor's degree in journalism from Columbia College Chicago. Her work has appeared in Modern Healthcare, Crain's Chicago Business and The Detroit News. She joined TriMed in 2016.