Market Overview:
MRI Magnet Shimming Coil Market is expected to register a CAGR of 5.8% during the forecast period (2018-2030). The market growth is attributed to the increasing demand for MRI systems, rising prevalence of chronic diseases, and technological advancements in MRI magnet shimming coils. However, high cost associated with MRI systems may restrain the market growth. The global MRI magnet shimming coil market is segmented on the basis of type, application and region. On the basis of type, it is classified into permanent magnet and superconductive magnet. Permanent magnets are further sub-segmented into rare earth magnets and ceramic magnets while superconductive magnets are sub-segmented into niobium titanium (NbTi) and niobium tin (Nb3Sn) based on their composition material used in manufacturing these coils. Superconducting coils offer higher field strength as compared to permanent magnetic coils; however they are expensive than permanent magnetic coils which may hamper their adoption rate during the forecast period.
Product Definition:
The MRI Magnet Shimming Coil is a device used to improve the performance of an MRI magnet by adjusting the magnetic field. The coil is placed around the magnet and adjusted to create a uniform field. This helps to minimize distortion and improve image quality.
Permanent Magnet:
Permanent magnet is a type of magnetic material that produces magnets with no loss of strength over continuous changes in the direction and the area of the magnetization. Permanent magnets are produced from materials such as iron, nickel, neodymium, and samarium cobalt.
Superconductive Magnet:
Superconductive magnets are used in MRI magnet shimming coil to provide high magnetic field with low energy consumption. The concept of superconductive magnets was introduced by Robert Bosch GmbH in the year 1990. Since then, this technology has been extensively used for various applications such as nuclear magnetic resonance (NMR) and magnetic resonance imaging (MRI).
Application Insights:
The global MRI magnet shimming coil market is segmented by application into hospitals and research institutions. Hospitals held the largest share of the application segment in 2017 owing to increasing adoption of these devices for diagnosis and treatment procedures. The growing prevalence of chronic diseases, such as cancer, neurological disorders, orthopedic conditions, and cardiovascular diseases has led to an increased number of hospital admissions across the globe. This factor has resulted in a significant increase in demand for diagnostic imaging solutions such as MRI over the past few years.
MRI provides detailed information regarding tissue texture abnormalities that are associated with various medical conditions including brain tumor or stroke due to edema or hemorrhage within 24 hours from its detection which helps reduce patient's anxiety levels during examinations at hospitals thus resulting in high adoption rate among other healthcare facilities too.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of well-established healthcare sector and increasing government funding for R&D. In addition, growing adoption of MRI in clinical diagnosis is expected to drive demand over the forecast period. Europe accounted for a significant share due to high availability of advanced products with better performance characteristics at affordable prices. Moreover, rising geriatric population prone to various diseases is anticipated to fuel regional growth during the forecast period.
Growth Factors:
- Increasing demand for MRI scans for accurate diagnosis of various diseases
- Rising prevalence of chronic diseases such as cancer, Alzheimer's disease, and heart disorders
- Technological advancements in MRI magnet shimming coils that offer high image quality and accuracy
- Growing number of diagnostic centers offering MRI services
- Increasing awareness about the benefits of MRI scans
Scope Of The Report
Report Attributes
Report Details
Report Title
MRI Magnet Shimming Coil Market Research Report
By Type
Permanent Magnet, Superconductive Magnet
By Application
Hospitals, Research Institution
By Companies
GE, Philips Healthcare, Canon Medical Systems, Siemens, Hitachi Medical Systems, Esaote, SciMedix, Paramed
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
243
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global MRI Magnet Shimming Coil Market Report Segments:
The global MRI Magnet Shimming Coil market is segmented on the basis of:
Types
Permanent Magnet, Superconductive Magnet
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
Hospitals, Research Institution
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:
- GE
- Philips Healthcare
- Canon Medical Systems
- Siemens
- Hitachi Medical Systems
- Esaote
- SciMedix
- Paramed
Highlights of The MRI Magnet Shimming Coil 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:
- Permanent Magnet
- Superconductive Magnet
- By Application:
- Hospitals
- Research Institution
- 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 MRI Magnet Shimming Coil 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
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- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer 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?
MRI magnet shimming coil is a device that helps to adjust the strength of an MRI magnetic field. This can be helpful in cases where the patient's anatomy or physiology makes it difficult for the MRI scanner to generate a strong enough field.
Some of the major companies in the mri magnet shimming coil market are GE, Philips Healthcare, Canon Medical Systems, Siemens, Hitachi Medical Systems, Esaote, SciMedix, Paramed.
The mri magnet shimming coil market is expected to register a CAGR of 5.8%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. MRI Magnet Shimming Coil Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. MRI Magnet Shimming Coil Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. MRI Magnet Shimming Coil Market - Supply Chain
4.5. Global MRI Magnet Shimming Coil Market Forecast
4.5.1. MRI Magnet Shimming Coil Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. MRI Magnet Shimming Coil Market Size (000 Units) and Y-o-Y Growth
4.5.3. MRI Magnet Shimming Coil Market Absolute $ Opportunity
5. Global MRI Magnet Shimming Coil Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. MRI Magnet Shimming Coil Market Size and Volume Forecast by Type
5.3.1. Permanent Magnet
5.3.2. Superconductive Magnet
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global MRI Magnet Shimming Coil Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. MRI Magnet Shimming Coil Market Size and Volume Forecast by Application
6.3.1. Hospitals
6.3.2. Research Institution
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global MRI Magnet Shimming Coil Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. MRI Magnet Shimming Coil Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global MRI Magnet Shimming Coil Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. MRI Magnet Shimming Coil Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global MRI Magnet Shimming Coil Demand Share Forecast, 2019-2026
9. North America MRI Magnet Shimming Coil Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America MRI Magnet Shimming Coil Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America MRI Magnet Shimming Coil Market Size and Volume Forecast by Application
9.4.1. Hospitals
9.4.2. Research Institution
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America MRI Magnet Shimming Coil Market Size and Volume Forecast by Type
9.7.1. Permanent Magnet
9.7.2. Superconductive Magnet
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America MRI Magnet Shimming Coil Demand Share Forecast, 2019-2026
10. Latin America MRI Magnet Shimming Coil Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America MRI Magnet Shimming Coil Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America MRI Magnet Shimming Coil Market Size and Volume Forecast by Application
10.4.1. Hospitals
10.4.2. Research Institution
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America MRI Magnet Shimming Coil Market Size and Volume Forecast by Type
10.7.1. Permanent Magnet
10.7.2. Superconductive Magnet
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America MRI Magnet Shimming Coil Demand Share Forecast, 2019-2026
11. Europe MRI Magnet Shimming Coil Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe MRI Magnet Shimming Coil Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe MRI Magnet Shimming Coil Market Size and Volume Forecast by Application
11.4.1. Hospitals
11.4.2. Research Institution
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe MRI Magnet Shimming Coil Market Size and Volume Forecast by Type
11.7.1. Permanent Magnet
11.7.2. Superconductive Magnet
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe MRI Magnet Shimming Coil Demand Share, 2019-2026
12. Asia Pacific MRI Magnet Shimming Coil Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific MRI Magnet Shimming Coil Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific MRI Magnet Shimming Coil Market Size and Volume Forecast by Application
12.4.1. Hospitals
12.4.2. Research Institution
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific MRI Magnet Shimming Coil Market Size and Volume Forecast by Type
12.7.1. Permanent Magnet
12.7.2. Superconductive Magnet
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific MRI Magnet Shimming Coil Demand Share, 2019-2026
13. Middle East & Africa MRI Magnet Shimming Coil Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa MRI Magnet Shimming Coil Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa MRI Magnet Shimming Coil Market Size and Volume Forecast by Application
13.4.1. Hospitals
13.4.2. Research Institution
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa MRI Magnet Shimming Coil Market Size and Volume Forecast by Type
13.7.1. Permanent Magnet
13.7.2. Superconductive Magnet
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa MRI Magnet Shimming Coil Demand Share, 2019-2026
14. Competition Landscape
14.1. Global MRI Magnet Shimming Coil Market: Market Share Analysis
14.2. MRI Magnet Shimming Coil Distributors and Customers
14.3. MRI Magnet Shimming Coil Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. GE
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Philips Healthcare
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Canon Medical Systems
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Siemens
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Hitachi Medical Systems
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Esaote
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. SciMedix
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Paramed
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
