Global magnetic particle imaging market is expected to grow with the substantial CAGR throughout the forecast period of 2019 to 2026. The imminent market report contains data for historic year 2017, the base year of calculation is 2018 and the forecast period is 2019 to 2026. Presence of the developed healthcare infrastructure is driving the market growth in the forecast period.
The key research methodology used in this report by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. When every business is competing to be the best, market research analysis report is one of the key factors that will help them climb the ladder of success. It identifies and analyses the emerging trends along with major drivers, inhibitors, challenges and opportunities in the market. Competitive analysis is an important aspect of the market research report which makes businesses aware about competitor actions such as the new product launches, expansions, agreements, joint ventures, partnerships, and acquisitions.
Key Market Competitors:
Some of the major companies functioning in global magnetic particle imaging market are Bruker, Magnetic Insight, Inc, FUJIFILM Holdings Corporation, Mediso Ltd, MILabs B.V., Northridge Tri-Modality Imaging, Inc., GENERAL ELECTRIC COMPANY, Koninklijke Philips N.V., MR Solutions, Capintec Inc, BERTHOLD TECHNOLOGIES GmbH & Co. KG, , Hitachi, Ltd, LI-COR Inc, Angstrom Advanced Inc., Pure Devices GmbH, Miltenyi Biotec, CMR Naviscan, PerkinElmer Inc, Thermo Fisher Scientific, COMSOL INC among others.
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Key Developments in the Market:
Magnetic particle imaging market report serves to be an ideal solution for better understanding of the market. It is helpful in finding out the size of the market for specific products. The report gives helpful insights which assist while launching a new product. The magnetic particle imaging report helps business in knowing its market share over various time periods, transportation, storage, and supply requirements of its products. The market study aids in making sales forecasts for its products and thereby, establishing harmonious adjustment between demand and supply of its products. The magnetic particle imaging market report helps the firm in exploring new uses and new markets for its existing products and thereby, increasing the demand for its products.
- In September 2019, Magnetic Insight, Inc., a leader in magnetic particle imaging, introduced its product “Momentum CT”, which exhibits the role as magnetic nanoparticles tracers. This will lead Magnetic Insight, Inc., to increase its product offerings in the market
- In March 2019, Magnetic Insight, Inc., the leader in magnetic particle imaging introduced its product first localized MPI named as hyper, which will be useful in hyperthermia, drug release and cell activation. This will lead Magnetic Insight, Inc., to enhance its product portfolio in the market
- Advancement in 2D to 3D technology is driving the market growth
- Healthcare expenditures towards surgery procedures is boosting the growth of the market
- Increasing disease related to blood vessel such as angina pectoris will propel the market in the forecast period
- Rising ageing population is also escalating the market for a long run
- High installation cost of machinery is hampering the market growth
- Technological & procedural limitations will limit the growth of the market
- Strict government regulation may hamper the market in the forecast period
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Segmentation: Global Magnetic Particle Imaging Market
- Magnetic Resonance Imaging
- Positron Emission Tomography
- Vascular Imaging
- Perfusion Imaging
- Oncology Imaging
- Cell Tracking
- Inflammation Imaging
- Trauma Imaging
By End User
- Specialty Clinics
- North America
- South America
- Middle East and Afric
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