Magnetic resonance imaging market to see growth due to increasing demand for scans
by CM staff
The rising demand for scans, combined with a shortage of radiologists, has compelled the development of MRI technologies that shorten scan times and aid radiologists' decision-making.
MRI- Magnetic Resonance Imaging.
SAN ANTONIO — The traditional magnetic resonance imaging (MRI) approach is being disrupted by portable MRI systems, open design MRI systems, advanced metamaterials, and integration of artificial intelligence (AI) and advanced software technologies.
The rising demand for scans, combined with a shortage of radiologists, has compelled the development of MRI technologies that shorten scan times and aid radiologists’ decision-making.
The increasing prevalence of cardiovascular diseases and cancer, combined with government initiatives to provide free or low-cost diagnostic facilities and infrastructure to citizens, is driving the overall growth of MRI technology.
“Innovations in MRI imaging device’s design, AI integration, and audiovisual systems have improved the image quality, patient experience, and reduced scan time,” said Ashish Kaul, Healthcare Industry Analyst, Frost & Sullivan. “Additionally, MRI innovation, such as material-based products to enhance image quality, coil design for portable systems, and AI for image analysis, will increase care delivery for patients and take center stage during the next 3 years.”
“Companies that offer portable imaging systems is addressing the market need for a de-centralized care delivery and is challenging the established market participants that offer stationary MRI systems and compelling them to rethink their competitive strategy. Further, new AI-based image analysis software that enhances magnetic resonance (MR) image quality and supports clinical decision-making is making the market even more competitive for technology developers,” said Kaul.
