Spain Magnetic Resonance Imaging Market Trends

Statistics for the 2023 & 2024 Spain Magnetic Resonance Imaging market trends, created by Mordor Intelligence™ Industry Reports. Spain Magnetic Resonance Imaging trend report includes a market forecast to 2029 and historical overview. Get a sample of this industry trends analysis as a free report PDF download.

Market Trends of Spain Magnetic Resonance Imaging Industry

This section covers the major market trends shaping the Spain Magnetic Resonance Imaging Market according to our research experts:

Closed MRI Systems Segment is Expected to Hold a Significant Market Share Over the Forecast Period

Anatomical structures in the wrist, hepatic metastases, fibrocartilage lesions, patients with brachial plexus lesions will be able to see their nerves, lesions in multiple sclerosis, and multi-vessel or single diseases in patients with coronary artery disease are all best diagnosed using a closed magnetic resonance imaging (MRI) system (CAD). Closed MRI systems are favored over open MRI systems because they can diagnose more issues than open MRIs can. Magnetic field strengths are measured in Tesla, or "T," and are typically between 0.5T and 3.0T. The major factors that are expected to drive the growth of the studied market of magnetic resonance imaging (MRI) in Spain are the increasing burden of chronic diseases and initiatives by market players. For instance, the Globocan 2020 report states that Spain reported 282,421 instances of cancer in 2020, with colorectal cancer being the most common type and accounting for roughly 14.3% of all cancer cases in the nation. Additionally, according to the same report, there were 858,220 cancer cases overall in the previous five years, with projections that the number will rise to 330,189 by 2030 and 375,098 by 2040. Thus, if cancer cases rise in the nation, more magnetic resonance imaging systems are likely to be used for cancer diagnoses and tumour monitoring, which will propel the growth of the country's researched market.

Initiatives in the country are expected to increase market growth. For instance, project GAMMA MRI was launched in April 2021 by the Haute École Spécialisée de Suisse Occidentale (Switzerland), the European Organization for Nuclear Research (CERN; Switzerland), the University of Geneva (Switzerland), the Universidad Complutense de Madrid (Spain), KU Leuven (Belgium), and the businesses Tecnologas Avanzadas Inspiralia (Spain) and RS2D (France By creating a point-of-care molecular imaging device based on a ground-breaking imaging principle that enables the simultaneous exploitation of the sensitivity of gamma () detection and the spatial resolution and flexibility of MRI, the GAMMA-MRI project advances current technological paradigms in brain imaging. Initiatives like this are also anticipated to accelerate the expansion of the targeted market in the nation. Therefore, due to the above-mentioned factors, the closed MRI systems segment in the magnetic resonance market in Spain.

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Spain Magnetic Resonance Imaging Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)