Magnetic Resonance Imaging (MRI) Systems Market Key Players – GE Healthcare, Siemens AG, Koninklijke Philips N.V., Hitachi Medical Systems, Toshiba Corporation

Sellbyville, DE -- (SBWIRE) -- 02/06/2019 -- The rapidly transforming medical technology landscape has heralded an era of unprecedented growth in magnetic resonance imaging systems market. With regards to the technological advancements, the most recent development in the magnetic resonance imaging (MRI) technology has been the introduction of MRI scanning of the lungs, enabling faster contrast scans and simplified cardiac imaging workflows. Lately, the MRI systems industry players have been making relentless efforts toward introducing latest upgradation in MRI & scanning technology, which has massively manifested the business landscape. One such breakthrough is Toshiba's Ultrashort Echo Time (UTE) sequence for dedicated lung MRI. Toshiba's recognized contribution to the product landscape of MRI systems market comes on the heels of difficulties faced during lung MRIs, as the organ is filled with air and hence there is low density of the hydrogen atoms required to create MR images. Such astounding innovations in product design and development have been one of the key factors that has uplifted the growth of magnetic resonance imaging systems market. According to a report by Global Market Insights, Inc., the global magnetic resonance imaging systems market stood at USD 5 billion in 2016, and is estimated to exceed a valuation of USD 8.5 billion by 2024.
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