MRI Metal Detector Market size was valued at US$ 563.20 Mn. in 2022 and expected to reach US$ 1572.62 Mn. by 2029 at a CAGR of 15.8% during the forecast period.
MRI Metal Detector Market Overview:
The MRI Metal Detector Market analysis provides a comprehensive picture of competition, including the market share and company profiles of the worldwide industry’s top rivals. The research scope covers a complete analysis of the MRI Metal Detector Market, as well as the causes for variances in the industry’s growth in various places
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MRI Metal Detector Market Scope:
To identify and collect material suitable for this study, this research study makes considerable use of secondary sources, directories, and databases, such as annual reports, press releases, journals, corporate websites, and databases.
MRI Metal Detector Market Drivers:
Increasing need for ferromagnetic substance detection across various security checkpoints and need for detection of medical equipment and magnetic implants in the body across the healthcare sector are the key demand drivers in the market. In addition, the high approachability of MRI scanners across the globe is driving the market growth. According to Medical Science and Research Association, MRI metal detectors accounted for approximately 70% of market share in terms of unit consumption for the healthcare sector as demand for metal detectors are increasing in the surgery scenario as well as medical science technologies.
MRI scan accessibility across the various end users and stringent protocols for maintaining safety standards in MRI rooms across the healthcare sector are the key factors attributing growth for the product demand. Moreover, increasing concern towards public safety and security threats posed by metal objects have adhered to the demand for MRI metal detectors in security sector across public transports including Train stations, Bus stops and most of the Airports across the globe.
MRI metal detectors reduce the potential damage in the transportation of luggage from one point to other and hence, various freight carrier services and airport baggage claim stops are exponentially using the product for the sake of efficient material handling. Moreover, inaccurate data can be provided by the MRI scanners as electromagnetic disruptions occur in the MRI machine by metal parts in the room. Hence, the need for MRI metal detectors in the healthcare sector is proven to be bolstering the growth of the product.
MRI Metal Detector Market Market Segmentation:
by Product Type
Wall mounted MRI metal detector
Floor mounted MRI metal detector
Handheld MRI metal detector
Mobile MRI metal detector
by End User
Hospitals
Security
Archaeological sites
Other healthcare establishments
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MRI Metal Detector Market Key Players: The key players are
1. ETS Lindgren
2. ITEL Telecommunicaziano S.R.L.
3. C.E.I.A. S.P.A.
4. Fujidenolo Co. Ltd.
5. Metrasens
6. Megmedix, Inc.
7. Biodex
8. Mednovous, Inc.
9. KOPP Development
10. Nanjiang Yunci Electronics Technology
11. Garrett Metal Detectors
Regional Analysis:
Individual market influencing elements and changes in market legislation that affect current and future market trends are also included in the regional component of the MRI Metal Detector Market study. Current and future trends are examined to assess the entire market potential and uncover profitable trends to get a more stable footing. The geographical market assessment is based on the present environment and expected developments.
Key Questions Answered in the MRI Metal Detector Market Report are:
Which sub-segment had the largest share in the MRI Metal Detector Market?
How is the competitive landscape of the MRI Metal Detector Market in 2023?
Which are the key drivers impacting the MRI Metal Detector Market growth?
Which region holds the maximum share in the MRI Metal Detector Market?
What will be the CAGR of the MRI Metal Detector Market during the forecast period (2023-2029)?
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