According to FutureWise analysis the market for micro-magnetic resonance imaging in 2023 is US$ 1.64 billion, and is expected to reach US$ 2.33 billion by 2031 at a CAGR of 4.52%.
Without the use of harmful ionising radiation, Resonance Imaging Systems uses a non-invasive imaging method to explore architecture and function of the body in both health and disease. It can be used to identify, diagnose, and monitor the therapy of a variety of chronic conditions. Micro-magnetic resonance imaging (MRI) is a preclinical imaging technique used to do research on tiny animals in order to discover new oncology treatments, identify new drug candidates, and chemical entities for the treatment of cardiological, neurological, and infectious illnesses. This technique, unlike micro-CT and micro-PET, is widely used for the research of brain tissues and other soft tissues in small animals because of its non-invasiveness, high spatial resolution, high-definition image quality, and lack of ionising radiation. Researchers can develop a bridge between molecular discoveries and clinical implementation in diagnostics and therapies by studying small animals like rats, rabbits, and mice. Micro-MRI has a number of advantages, including a small footprint for equipment installation, lower maintenance costs, precise animal positioning and monitoring, and non-damaging radiations, all of which have contributed to its growing popularity among academics. Furthermore, market growth is influenced by factors such as an increase in brain tumour screening and diagnosis utilising high magnetic field MRIs, as well as increased preclinical studies for enhanced oncology treatment to improve patient outcomes.
FutureWise Market Research has instantiated a report that provides an intricate analysis of Micro-Magnetic Resonance Imaging Market trends that shall affect the overall market growth. Furthermore, it includes detailed information on the graph of profitability, SWOT analysis, market share and regional proliferation of this business. Moreover, the report offers insights on the current stature of prominent market players in the competitive landscape analysis of this market.
According to the research study conducted by FutureWise research analysts, the Micro-Magnetic Resonance Imaging Market is anticipated to attain substantial growth by the end of the forecast period. The report explains that this business is predicted to register a noteworthy growth rate over the forecast period. This report provides crucial information pertaining to the total valuation that is presently held by this industry and it also lists the segmentation of the market along with the growth opportunities present across this business vertical.