DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Global Magnetic Resonance Imaging (MRI) Compatible Patient Monitoring System Market Size, Share, Development, Growth and Demand Forecast to 2020" report to their offering.
The global Magnetic Resonance Imaging (MRI) compatible patient monitoring system market is growing significantly due to technological advancement in MRI compatible monitors, and increasing number of MRI procedures. According to Magnetica, a MRI magnet and magnet sub system manufacturer, approximately 26.7 million MRI procedures were done in 2007 and the number has increased to approximately 30.2 million in 2010.
Massive unexplored market in the MRI compatible patient monitoring system industry of developing economies are creating abundant opportunities for the MRI compatible patient monitoring system market to grow at a considerable rate during the projected years.
Some of the factors driving the growth of the global MRI compatible patient monitoring system market are increasing prevalence of chronic diseases, upsurge in geriatric population, increasing number of hospitals and diagnostic centers, increasing lifestyle associated diseases, and increasing healthcare expenditure.
In addition, the increasing government funding and support, and increasing healthcare awareness are also expected to fuel the growth of the market in the coming years. However, high cost and, strict regulatory requirements for the approval of devices are some of the factors restraining the growth of the global MRI compatible patient monitoring system market to some extent.
Geographically, North America will be leading the global MRI compatible patient monitoring system market in the coming years due to increasing geriatric population, increasing lifestyle associated diseases, and faster adoption of technologically advanced devices.
Key Topics Covered:
1. Research Scope and Methodology
2. Executive Summary
3. Market Outlook
4. Global MRI Compatible Patient Monitoring Systems Market Size and Forecast (2011 - 2020)
5. Competitive Positioning and Market Share Analysis
6. Company Profiles and Strategic Developments
For more information visit http://www.researchandmarkets.com/research/cxwsvm/global_magnetic