Africa Open System MRI Market - Growth, Trends And Forecasts (2016 - 2021)

Africa Open System MRI Market - Growth, Trends And Forecasts (2016 - 2021)

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African market is poised to reach $93.61 million by 2020 growing at a CAGR of 7.6%. MRI is a powerful diagnostic tool which is replacing CT because of its higher sensitivity and use of non-ionizing radiations. Open MRI is the more popular one between the two available systems of MRI, open and closed. Open MRI systems have a magnetic field in the top and bottom and do not enclose the patient in a tunnel. This prevents the patients becoming Claustrophobic. There is a study which shows that one in every 6 patients suffers from claustrophobia hence the open system is preferred and is fast replacing the closed system.

There is a growing demand for better diagnostic facilities like MRI in the African countries because of the incidence of diseases and cancers and a rise in the aging population. The awareness among people about early diagnosis of diseases for prevention and faster cure has increased contributing to the growing market. The market can be segmented based on the resolution (low-field, mid-field and high field), the applications (Neurology, Cardiology, Gastroenterology and Oncology) and geographically (Nigeria, Kenya, Egypt and other countries). The key players in the industry are GE, Hitachi Medical Corporation, Philips Healthcare, Siemens Healthcare and Toshiba Medical Systems.

Drivers: Advancement in technology and healthcare facilities has made this technology popular. It is not only safe but also preferred by all patients as it does not make them claustrophobic. It is more sensitive than CT. The growing aging population and higher incidence of diseases are drivers of this market.

Constraints: The increasing number of accidents recorded in patients with implants such as pacemakers and cochlear implants. The technology also requires skilled professionals for performing the diagnosis and analyzing the results.

What the report offers? 1) Market Definition for the specified topic along with identification of key drivers and restraints for the market.

2) Market analysis for the African Open System MRI Market in Healthcare Industry, with region specific assessments and competition analysis on a global and regional scale.

3) Identification of factors instrumental in changing the market scenarios, rising prospective opportunities and identification of key companies which can influence the market on a global and regional scale.

4) Extensively researched competitive landscape section with profiles of major companies along with their strategic initiatives and market shares.

5)Identification and analysis of the Macro and Micro factors that affect the African Open System MRI Market in Healthcare Industry on both global and regional scale.

6) A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.

1. Introduction

1.1 Report Description

1.2 Markets Covered

1.3 Research Methodology

 

2. Executive Summary

 

3. Market Overview

3.1 Market Definition

3.2 Market Drivers

3.2.1 Increasing advancements in technology

3.2.2 Increasing applications in clinical diagnosis boosting the market growth

3.2.3 Increasing disease incidence

3.2.4 Market Restraints

3.3 Lack of Skilled professionnels

 

4. Increase in number of accidents

 

5. Interpretation of complex data

 

6. Porters Five Force Analysis

6.1 Bargaining Power of suppliers

6.2 Bargaining power of buyers

6.2.1 Degree of competition

6.2.2 Threat of substitution

6.2.3 Threat of new entrants

6.2.4 Market Segmentation

6.3 MRI Equipment Market

6.3.1 By resolution

6.3.1.1 Low- Field Scanner

6.3.1.2 Mid-field Scanner

6.3.1.3 High-Field Scanner

 

7. By Application

7.1 Neurology

7.2 Gastroentrology

7.3 Cardiology

7.4 Oncology

 

8. By Geography

8.1 Africa

8.2 Nigeria

8.3 Egypt

8.4 Other countries

8.5 Competitive Landscape

 

9. Mergers & Acquisitions

 

10. Agreements, Collaborations & Partnerships

 

11. New Product Launches

 

12. Recommendations to new market players

 

13. Company Profiles

 

14. GE Healthcare

 

15. Hitachi Medical Corporation

 

16. Philips Healthcare

 

17. Siemens Healthcare

 

18. Toshiba Medical Systems

 

LIST OF TABLES

 

1: African Open System MRI Equipment Market By Types ($millions) (2014-2020)

2: African Open System MRI Equipment Market By Resolution ($millions) (2014-2020)

3: African Open System MRI Equipment Market By Low-Field Scanners ($millions) (2014-2020)

4: African Open System MRI Equipment Market By Mid Field Scanners ($millions) (2014-2020)

5: African Open System MRI Equipment Market By High-Field Scanners ($millions) (2014-2020)

6: African Open System MRI Equipment Market By Application($millions) (2014-2020)

7: African Open System MRI Equipment Market By Neurology ($millions) (2014-2020)

8: African Open System MRI Equipment Market By Gastroentrology ($millions) (2014-2020)

9: African Open System MRI Equipment Market By Cardiology ($millions) (2014-2020)

10: African Open System MRI Equipment Market By Oncology ($millions) (2014-2020)

11: African Open System MRI Equipment Market By Countries ($millions) (2014-2020)

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