Industry Insights

The global magnetic resonance imaging (MRI) market was valued at USD 3.2 billion in 2015. The systems are used mainly for the detection of central nervous system (CNS) related diseases such as tumors, spine lesions, stroke influenced area in brain and blood vessels. The main driving factor for this market is increasing elderly population and high incidences of CNS diseases. The high rates of chronic diseases due to the increased geriatric population and demand for the minimally invasive or non-invasive diagnostic procedures fuel the market growth.

The technology advancement in various screening techniques namely open systems, software up gradation and superconducting magnets supports the market growth. The combination of MRI and pacemaker is a new technology development open the new door for MRI market due to its duel advantage and application. The higher adoption in the technology is due to the its sharp and precise images in short period of 20 minutes time because of its paramagnetic contrast agent and gadolinium-DTPA use as an intravenous injection.

The high cost of devices and maintenance as well as servicing cost are hinders the market growth. The helium gas usage in machine cooling increases the total operation time and shrinks the productivity. The product approval from FDA and other regulatory authorities are one of the biggest challenge for the market.

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Product Insights

The product is categorized as closed and open type based on its design. The closed type of instrument captures the largest market in 2015. On the other hand the product acceptance of closed instrument is very law for the claustrophobic patients due to the fear of suffocation so the market opportunities for the open instrument is very high in projected forecast period.

The instrument is also classified as mid field strength devices and high strength devices. The Mid field strength devices is more preferred due to its cost, speed of scanning and resolution. Thus, the mid field strength devices account the largest revenue share in 2015.

Application Insights

The MRI technique dominates the medical diagnosis market due to its various biomedical applications. The MRI is used for the scanning of various body parts such as abdomen, pelvis, brain, spine, heart, breast and musculoskeletal structure due to its anatomical and physiological scanning competence.

The other alternative failed to give accurate and precise imaging results for the neural and brain disorders that boosts the market growth for MRI market. The lack of other alternatives are the prime market driver for MRI and encourage the market growth during the forecast period. The MRI market is not so suitable for the breast and cardiac imaging due to the other strong preferable techniques such as of X-ray and other fist line imaging techniques.

Regional Insights

North America dominated the market with the largest revenue share in 2015. The North America is the dominate market for the MRI techniques due to technology advancement as well as easy availability of instrument in this region. The government policies on healthcare, the reimbursement by the private and government insurances, awareness for the diseases and early detection heighten the market growth in North America.

Asia Pacific is the most potential market for the MRI due to its increasing elderly population and high incidences of chronic diseases. The China, Japan and India is the growing economies of Asia and its medical tourism industry is growing at a high rate this leads to the MRI market in progressive direction. The cheap medical treatment costs, technology advancement, good facilities and healthcare system causes the new market opportunity for MRI in this region.

Competitive Outlook

Major players competing in the industry include but are not limited to Siemens AG; Koninklijke Philips N.V.; GE Healthcare; Hitachi Medical Systems. These companies hold a strong position in the global market mainly due to their strong geographic reach. Some other players operating in the market include Toshiba Corporation; Aurora Imaging Technologies, Inc.; Esaote SpA; Sanrad Medical Systems Pvt. Ltd Inc.

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Market Segment:

Magnetic Resonance Imaging Architecture Outlook (Revenue, USD Million; 2014 - 2025)
• Closed Systems
• Open Systems

Magnetic Resonance Imaging Field Strength Outlook (Revenue, USD Million; 2014 - 2025)
• Low Field Strength
• Mid Field Strength
• High Field Strength

Magnetic Resonance Imaging Application Outlook (Revenue, USD Million; 2014 - 2025)
• Brain and neurological
• Spine and Musculoskeletal
• Vascular
• Abdomen
• Cardiac
• Breast
• Others

Magnetic Resonance Imaging Regional Outlook (Revenue, USD Million; 2014 - 2025)
• North America
• U.S.
• Canada
• Europe
• Germany
• UK
• Asia Pacific
• China
• Japan
• Latin America
• Mexico
• Brazil
• MEA
• South Africa

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by Kerry Nelson Selman

The Introduction to this book gives me the impression that we're about to have a look inside the author's personal spiritual journey, which to an extent is proven true when we read the parts about specific stones and the oils and essences that have been attributed to them by her.

The book is about semi-precious stones, oils, and flower essences working in conjunction in a New Age, spiritual context. Some of it does go further into 'New Age' than I can personally identify with, but I found it interesting all the same and have already started experimenting with the author's ideas. She mentions practicing Reiki among other disciplines associated with healing.

The book has a very upbeat tone. There are 13 combinations of highest resonance covered and in Part One: Understanding the Energy Body, we read about energy, movement, and how vibration is at the heart of all life. Chakras are briefly mentioned and how the system relates to color correspondences, which in turn relates to choice of crystals for various purposes.

There is a practical explanation of how crystals work with vibration, citing crystal radios to demonstrate physical evidence that crystal vibrations do have practical application in some way. Then we move on to the author's theories for adding essential oils and flower scents that work in conjunction with the crystals for best effect. There is also information about how flower essences are made, which explains the hefty prices they can command.

The author also assigns Archangels to each combination, which I have to admit is a step too far for my personal beliefs and I sort of skimmed over those parts. She tells us about her personal practice and offers meditation rituals that incorporate all of the elements of crystal, scent and Archangels.

Part Two is about Synergistic Crystal Combinations and Practices. This is where she gives the meditations and Chakra associations. Each section is in a standardized format giving the main application, in other words, what it's supposed to do, followed by the combination of crystal, oil, flower essence (from two systems) and associated Archangel.

The author explains how she has made personal experiments to determine these close resonances and makes no secret of the fact that they are her own attributions. She also allows for disagreement and states that she does not intend to replace any other system and that all that is in nature is good, but in her own experience, these combinations work most effectively together.

I found the book interesting and plan to experiment a little with some of the suggested combinations, though I'm not particularly drawn to flower essences. Mixing essential oils with crystals may be as far as I ever go personally, but the concept behind these combinations is something that is likely to stay with me.