The surging geriatric population in several countries is positively impacting the sales of MRI systems across the world. According to the 2017 World Population Ageing report published by the United Nations Department of Economic and Social Affairs (UNDESA), the global population of people in the age bracket- 60 years or above is rising rapidly. As geriatric patient care needs efficient management via cutting edge technologies, the soaring geriatric population is massively boosting the worldwide demand for MRI systems.
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MRI also provides excellent characterization of various musculoskeletal diseases and is used for detecting suspected soft tissue invasion. Thus, due to the intensive patient care requirements of the geriatric population, numerous medical facilities and healthcare centers are increasingly incorporating technologically advanced and innovative radiology systems. This is, in turn, pushing up the sales of MRI systems all over the globe. Furthermore, numerous research and development (R&D) activities have caused huge innovations in MRI systems over the last few years.
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Globally, the MRI systems
market will exhibit the fastest growth in the Asia-Pacific (APAC)
region in the years to come, as per the estimates of P&S Intelligence, a
market research firm based in India. The main factors propelling the demand for
MRI systems are the rising incidence of chronic diseases, the presence of
well-developed healthcare facilities and diagnostic centers, and the rapid
technological innovations being made in imaging modalities in the region.
Thus, it is quite clear
that the demand for MRI systems will shoot-up across the world in the upcoming
years, mainly because of the increasing incidence of chronic diseases and the
surging population of geriatric people all over the world.