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Global Magnetic Particle Imaging Market Growth Prospects and Insights on Future Scenario 2020-2026||Northridge Tri-Modality Imaging, Inc., GENERAL ELECTRIC COMPANY, Koninklijke Philips N.V

The Magnetic Particle Imaging report published by Data Bridge Market research is the portrayal of information and investigation of the market. It gives point by point examination of the current market situation and a market estimate till 2026. The information remembered for this Magnetic Particle Imaging report gives point by point data of the geographic scene, competitive scenarios and forthcoming open doors in the Industry. The incorporation of the measurable records in the Magnetic Particle Imaging report helps in confirming the outcomes that are being introduced and in this way give a reasonable vision and sign to customers in understanding the reaction of the members.

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.

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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.

Methodologies utilized to evaluate the market-:

Research analysts and experts have utilized excellent market research tools such as SWOT analysis, Porter’s Five Forces analysis, PEST analysis, and Primary and Secondary research analysis to define, describe and evaluate the competitive landscape of the Magnetic Particle Imaging market.

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.

Key Developement:

  • 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

Market Drivers

  • 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

Market Restraints

  • 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

By Modality

  • Magnetic Resonance Imaging
  • Positron Emission Tomography

By Application

  •  Vascular Imaging
  •  Perfusion Imaging
  •  Oncology Imaging
  •  Cell Tracking
  •  Inflammation Imaging
  •  Trauma Imaging

By End User

  •  Hospitals
  • Specialty Clinics

By Geography

  • North America
  • South America
  • Europe
  • Asia-Pacifi
  • Middle East and Afric

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Benefits of the report for Magnetic Particle Imaging market

  1. What are the challenges being faced by the new entrants
  2. Drivers and restrains of the market
  3. Key developments in the market
  4. Market volume
  5. CAGR value for the forecast period 2019-2026

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