Market Overview:
The global Radio Frequency (RF) Coils market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The volume coils segment is expected to dominate the market in terms of revenue share during the forecast period, owing to its high demand in adult and pediatric applications. North America is estimated to be the largest regional market for RF coils, followed by Europe and Asia Pacific.
Product Definition:
A coil wound from a single conductor that is used to create an electromagnetic field. This field can be used for heating, cooling, or generating electricity.
Volume Coils:
The volume coils are used in RF coils to convert the electrical signal into the mechanical waveform. The RF coil is wound with a spiral shape, which acts as a solenoid and can be closed or opened to create an electromagnetic field with varied intensity. It is widely used in wireless devices such as mobile phones, Bluetooth modules, WLAN cards etc. The increasing use of wireless communication devices has led to high demand for RF coils over the forecast period.
Surface Coils:
Surface coils are used in RF coils to convert the electrical energy into magnetic one for radio frequency. It is a coil of insulated wire which is wound around a metal or wooden core and it's function is to receive and transmit radio frequency. The size of the surface coil determines its application in an antenna, they can be small as well as large depending upon the dimensions of antenna required by user.
Application Insights:
The adult segment held the largest market share in 2017 and is expected to continue its dominance over the forecast period. The growing demand for wireless communication devices, such as smartphones, has fueled the demand for 2G, 3G and 4G mobile communication services across the globe. As a result, adult patients are preferring treatment with radiofrequency (RF) coils over other forms of therapy due to their high preference for modern technology-based gadgets.
The pediatric segment is expected to exhibit significant growth during the forecast period owing to rising adoption of RF radiation therapy by hospitals across developing countries such as India and China. In addition, factors such as increasing number of children suffering from cancer along with rising healthcare costs are anticipated to boost product demand in this segment over the next few years.
Regional Analysis:
North America dominated the global market in 2017. The U.S., which is at the forefront, has a well-established healthcare sector and an increasing number of hospitals and ambulatory surgical centers (ASC). In addition, favorable reimbursement policies for medical treatments provided by Medicare and Medicaid are also propelling demand for RF coils used in diagnosis or treatment of various disorders.
Asia Pacific is expected to be one of the fastest-growing regions over the forecast period owing to factors such as improving healthcare infrastructure with respect to patient safety & care standards; rising prevalence/demand for pediatric services; growing adoption of technologically advanced products; increased government spending on health care; etc. Moreover, this region has witnessed a surge in investments from international companies looking to expand their presence across Asia Pacific’s developing economies offering lucrative opportunities for industry players operating within RF coils segment.
Growth Factors:
- Increasing demand for MRI and CT scans
- Rising prevalence of chronic diseases
- Growing number of medical tourists
- Technological advancements in RF coils market
- Increasing demand for minimally invasive surgeries
Scope Of The Report
Report Attributes
Report Details
Report Title
Radio Frequency (RF) Coils Market Research Report
By Type
Volume Coils, Surface Coils
By Application
Adult, Pediatric
By Companies
Magnetica, MEINHARD, Time Medical Holding, Esaote, Aurora Imaging, HITACHI Medical Systems Europe, IMRIS, Medspira, Monteris Medical, Noras MRI, Magnetica, GE Healthcare
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
182
Number of Tables & Figures
128
Customization Available
Yes, the report can be customized as per your need.
Global Radio Frequency (RF) Coils Market Report Segments:
The global Radio Frequency (RF) Coils market is segmented on the basis of:
Types
Volume Coils, Surface Coils
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Adult, Pediatric
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Magnetica
- MEINHARD
- Time Medical Holding
- Esaote
- Aurora Imaging
- HITACHI Medical Systems Europe
- IMRIS
- Medspira
- Monteris Medical
- Noras MRI
- Magnetica
- GE Healthcare
Highlights of The Radio Frequency (RF) Coils Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Volume Coils
- Surface Coils
- By Application:
- Adult
- Pediatric
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Radio Frequency (RF) Coils Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
RF coils are used in wireless communication to transmit and receive signals. RF coils are made of metal wire that is wrapped around a magnetic field. When the coil is turned on, it creates a current that can be used to send or receive information.
Some of the major players in the radio frequency (rf) coils market are Magnetica, MEINHARD, Time Medical Holding, Esaote, Aurora Imaging, HITACHI Medical Systems Europe, IMRIS, Medspira, Monteris Medical, Noras MRI, Magnetica, GE Healthcare.
The radio frequency (rf) coils market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Radio Frequency (RF) Coils Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Radio Frequency (RF) Coils Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Radio Frequency (RF) Coils Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Radio Frequency (RF) Coils Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Radio Frequency (RF) Coils Market Size & Forecast, 2018-2028 4.5.1 Radio Frequency (RF) Coils Market Size and Y-o-Y Growth 4.5.2 Radio Frequency (RF) Coils Market Absolute $ Opportunity
Chapter 5 Global Radio Frequency (RF) Coils Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Radio Frequency (RF) Coils Market Size Forecast by Type
5.2.1 Volume Coils
5.2.2 Surface Coils
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Radio Frequency (RF) Coils Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Radio Frequency (RF) Coils Market Size Forecast by Applications
6.2.1 Adult
6.2.2 Pediatric
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Radio Frequency (RF) Coils Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Radio Frequency (RF) Coils Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Radio Frequency (RF) Coils Analysis and Forecast
9.1 Introduction
9.2 North America Radio Frequency (RF) Coils Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Radio Frequency (RF) Coils Market Size Forecast by Type
9.6.1 Volume Coils
9.6.2 Surface Coils
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Radio Frequency (RF) Coils Market Size Forecast by Applications
9.10.1 Adult
9.10.2 Pediatric
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Radio Frequency (RF) Coils Analysis and Forecast
10.1 Introduction
10.2 Europe Radio Frequency (RF) Coils Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Radio Frequency (RF) Coils Market Size Forecast by Type
10.6.1 Volume Coils
10.6.2 Surface Coils
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Radio Frequency (RF) Coils Market Size Forecast by Applications
10.10.1 Adult
10.10.2 Pediatric
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Radio Frequency (RF) Coils Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Radio Frequency (RF) Coils Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Radio Frequency (RF) Coils Market Size Forecast by Type
11.6.1 Volume Coils
11.6.2 Surface Coils
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Radio Frequency (RF) Coils Market Size Forecast by Applications
11.10.1 Adult
11.10.2 Pediatric
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Radio Frequency (RF) Coils Analysis and Forecast
12.1 Introduction
12.2 Latin America Radio Frequency (RF) Coils Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Radio Frequency (RF) Coils Market Size Forecast by Type
12.6.1 Volume Coils
12.6.2 Surface Coils
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Radio Frequency (RF) Coils Market Size Forecast by Applications
12.10.1 Adult
12.10.2 Pediatric
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Radio Frequency (RF) Coils Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Radio Frequency (RF) Coils Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Radio Frequency (RF) Coils Market Size Forecast by Type
13.6.1 Volume Coils
13.6.2 Surface Coils
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Radio Frequency (RF) Coils Market Size Forecast by Applications
13.10.1 Adult
13.10.2 Pediatric
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Radio Frequency (RF) Coils Market: Competitive Dashboard
14.2 Global Radio Frequency (RF) Coils Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Magnetica
14.3.2 MEINHARD
14.3.3 Time Medical Holding
14.3.4 Esaote
14.3.5 Aurora Imaging
14.3.6 HITACHI Medical Systems Europe
14.3.7 IMRIS
14.3.8 Medspira
14.3.9 Monteris Medical
14.3.10 Noras MRI
14.3.11 Magnetica
14.3.12 GE Healthcare