Increasing Demand for MRI Exams Fueling Sales of MRI Compatible Patient Monitoring Systems
The increasing number of MRI exams being conducted in several countries is massively pushing up the demand for MRI compatible patient monitoring systems across the world.
As per the Annual International Profiles of Health Care Systems Commonwealth Fund published by the Commonwealth Fund, the U.S., France, and Germany were some of the major countries in the world that saw the highest number of MRI exams of people per 1,000 population
According to various reports, there were 114.3, 95.5, and 109.5 MRI exams done per 1,000 people in Germany, France, and the U.S. . Furthermore, the increasing number of product launches and the surging research and development (R&D) projects and activities in several countries are propelling the demand for MRI compatible patient monitoring systems across the world. Besides these factors, the soaring public awareness about healthcare is also pushing up the demand MRI-compatibleible patient monitoring systems.
The rising usage of these systems, especiallythe developing countries such as China and India is creating lucrative growth opportunities for the companies manufacturMRI-compatibleible patient monitoring systems. Moreover, the rising prevalence of chronic diseases is massively pushing up the requirement for MRI scabecausethat these scans are required for diagnosing chronic diseases. Due to these factors, the salesMRI-compatibleible patient monitoring systems are rising sharply across the world.
This is driving the advancement of the gloMRI-compatibleible patient monitoring system market. Across the globe, the sales of these systems are predicted to rise sharply in the Asia-Pacific (APAC) region in the coming years. This will be because of the increasing installation of MRI units in the regional countries. As per the Organization for Economic Cooperation and Development (OECD), in Japan, the total number of MRI units per one million citizens was 35.3 in 2002.
Furthermore, this number grew to 46.9 in 2011, as per the findings of OECD. Apart from the mushrooming installation of MRI units, the increasing healthcare expenditurethe regional countries such as India and China is also positively impacting the growth of the MRI-compatible isle patient monitoring system market in the APAC region. The market is also predicted to demonstrate huge expansion in the North American region in the upcoming years.
This will be a result of various factors such as the surging population of geriatric people, the ballooning usage of technologically advanced and innovative medical systems, and the increasing incidence of several lifestyle-associated and chronic diseases in the region, as per the estimates of P&S Intelligence, a market research company based in India. MRI-compatibleible patient monitoring system market is also predicted to register huge expansion in Europe in the forthcoming years.
Therefore, it can be said with certainty that the demfor and MRI-compatible isle patient monitoring systems shoot upt-up all over the world in the future years, mainly because of the rising incidence of various lifestyle-associated and chronic diseases and the increasing number of MRI exams in various countries.