Mushrooming Geriatric Population Positively Impacting MRI System Sales

 The surging geriatric population in several countries is positively impacting the sales of MRI systems across the world. According to the 2017 World Population Ageing report published by the United Nations Department of Economic and Social Affairs (UNDESA), the global population of people in the age bracket- 60 years or above is rising rapidly. As geriatric patient care needs efficient management via cutting edge technologies, the soaring geriatric population is massively boosting the worldwide demand for MRI systems.


MRI also provides excellent characterization of various musculoskeletal diseases and is used for detecting suspected soft tissue invasion. Thus, due to the intensive patient care requirements of the geriatric population, numerous medical facilities and healthcare centers are increasingly incorporating technologically advanced and innovative radiology systems. This is, in turn, pushing up the sales of MRI systems all over the globe. Furthermore, numerous research and development (R&D) activities have caused huge innovations in MRI systems over the last few years.


Many MRI system manufacturing companies are increasingly focusing on developing multi-contract MRI scanners. For example, USFDA approval was given to the 7 T MRI system called Magnetom Terra manufactured by Siemens AG in October 2017. This system is recommended for patients having weights over 66 pounds and is used to examine the arms, legs, and the head (extremities). This way rapid advancements and innovations in MRI technology are resulting in the development of advanced and highly efficient MRI systems.


Due to the aforementioned factors, the global MRI systems market is predicted to register huge expansion in the coming years. Open and closed MRI are the main types of architecture used in MRI systems. Between these, the demand for open imaging systems will rise rapidly in the future years. Since the geriatric people are usually uncomfortable with long-duration MRI scanning procedures in closed settings, the popularity of open imaging systems will be very high in the future.


Ultra-high-field, low-to-mid-field, very-high-field, and high-field imaging systems are the most extensively used imaging systems around the world. Out of these, the sales of the high-field systems were observed to be the highest all over the world in the past years. This was because of the fact that the high-field imaging systems have faster imaging ability than the low-field strength systems and are mainly used to scan the chest and the abdomen. 


Comments

Post a Comment

Popular posts from this blog

How is Rising Hospital-Acquired Infection Incidence Driving Disposable Medical Sensors Market?

Image
  The global population will increase from 7.7 billion currently to 9.7 billion by 2050, says the United Nations Department for Economic and Social Affairs (UNDESA), in its latest World Population Prospects report. With this, the hold of various chronic and acute diseases on the world is rising, as is of all other issues that can take someone to a doctor. With the growing demand for medical services, the number of hospitals and other healthcare settings is increasing. This is resulting in the surging requirement of various devices, instruments, and systems used at such places, as well as the individual components which make up such stuff, including sensors.  Therefore, with the rising demand for healthcare, the disposable medical sensors market is advancing around the world. Accelerometers, biosensors, temperature sensors, pressure sensors, image sensors, and several other kinds of sensors are used in medical settings. Among these, the usage of image sensors is expected to in...
Read more

Why Will Commercial Sector Dominate Australia Ventilation Products Market?

Image
 The Australia ventilation products market revenue is expected to increase from $569.4 million in 2021 to $1,003.9 million in 2030. Moreover, it will propel at a 6.5% CAGR during the forecast period owing to the increasing commercial and residential projects, rising consciousness of the health and ecological effects of contaminated air, and cumulative preference for decentralized ventilation. Further, since the pandemic, people have become more conscious than ever of the harms of breathing contaminated air, especially since COVID-19 is an airborne disease. The skyrocketing demand for smart buildings will drive the Australian ventilation products market in the coming years. This can be attributed to the rising pollution levels due to the increasing carbon emissions, and surging cognizance of environmental sustainability. A smart building encompasses practices such as greenhouse gas emission reduction, water conservation, energy efficiency, and waste management. Therefore, with the i...
Read more

Why Are Air Compressor Sales Rising in APAC Manufacturing Sector?

Image
  Among the top manufacturing nations in the world are China, Japan, India, and South Korea. Their booming population and export volume are leading to a continuous increase in industrial production. New manufacturing clusters are being set up, and a huge volume and variety of production equipment is being procured in order to fulfill the rising demand for all things imaginable. One of the key pieces of equipment used at factories is an air compressor, often as part of larger machines that operate on pneumatics (air pressure). Therefore, as per P&S Intelligence, with the burgeoning industrial production, the value of the Asia-Pacific (APAC) air compressor market will increase to $15.2 billion by 2024 from $11.8 billion in 2018, at a 4.1% CAGR during 2019–2024 (forecast period). Some of the common industrial machines that work on pneumatics, therefore require air compressors, are rock drills, riveters, pavement breakers, paint sprayers, forging presses, blast cleaners, nail guns,...
Read more