The Global Head Coil Market Is Expected To Grow From USD 3.4 Billion In 2021 To 2030, At A CAGR Of 5.6% During The Forecast Period.

Head Coil Market Overview:

The head coil is an electromagnet that generates the magnetic field used in Magnetic Resonance Imaging (MRI) scanners. Depending on the number of channels present, there are several types of head coils: single channel, quadrature and phased array coils. The most commonly used type is the eight-channel phased array head coil, which provides a uniform field in the volume of interest. The global head coil market is expected to be driven by increasing number of MRI scanners, growing global aging population base prone to brain diseases such as Alzheimer's disease (AD), Parkinson's disease, multiple sclerosis (MS) Related Diseases. This growth is primarily driven by the increasing number of hospitals and clinics equipped with MRI machines and the increasing acceptance of MRI technology by clinicians and patients across the globe.

Head Coil market size, estimates and forecasts are provided in terms of sales volume (K units) and revenue (million USD), with historical and forecast data for the period 2017 to 2030, with 2022 being considered as the base year. This report segments the global Head Coil market in detail. Regional market sizes related to products by type, by application, and by player are also delivered. In estimating the size of the market, we took into account the impact of COVID-19 and the Russian-Ukraine war.

Major Market Segments Covered in Head Coil Industry Research:

Market Key Players:
GE, MR Instruments, Philips, Hitachi, Shimadsu, Toshiba, LMT Medical Systems, Neusoft, Siemens Healthineers, Esaote, Rapid Biomedical, Hallmarq Veterinary, And Others.

By Type:

• 4-12 Channels, 12-32 Channels, More Than 32 Channels,

By Application:

• For Humans, For Animals, Others

By Region:

North America dominated the Magnetic Resonance Imaging (MRI) Coils Market and accounted for the largest revenue share of 27.6% in 2020. Rising incidence of chronic diseases such as breast cancer, cardiovascular diseases, and neurological disorders in the region is creating interest in imaging Demand analysis. The region is expected to maintain its dominance throughout the forecast period. High adoption rate of advanced technologies coupled with rising incidence of chronic diseases is expected to spur market growth in this region.

Europe also held a large market share in 2020 and is expected to witness lucrative growth over the forecast period. European countries such as the United Kingdom, Germany, and France have well-established healthcare infrastructures that facilitate easy access to diagnostic imaging services. The aging population in these countries is also expected to drive the demand for medical imaging such as MRI, thereby driving the market growth over the forecast period.

In Asia Pacific, the market is expected to grow at the fastest rate during the forecast period. Economic development in countries such as India and China is expected to make the region a preferred market for global players. The large population base with low per capita income in the region leads to high demand for affordable treatment options. Multinational corporations are keen to invest in developing countries such as Japan, India and China. Hence, many market players are forming partnerships and strategic alliances with local players. This is expected to drive the medical imaging market. Hence, the demand for MRI coils in this region is expected to witness significant growth over the forecast period.

• North America
• US
• Canada
• Mexico
• Rest of North America
• Europe
• Germany
• France
• Italy
• Spain
• UK
• Nordic Countries
• Denmark
• Finland
• Iceland
• Sweden
• Norway
• Benelux Union
• Belgium
• The Netherlands
• Luxembourg
• Rest of Europe
• Asia-Pacific
• Japan
• China
• India
• Australia
• South Korea
• Southeast Asia
• Indonesia
• Thailand
• Malaysia
• Singapore
• Rest of Southeast Asia
• Rest of Asia-Pacific
• The Middle East & Africa
• Saudi Arabia
• UAE
• Egypt
• South Africa
• Rest of the Middle East & Africa
• Latin America
• Brazil
• Argentina
• Rest of Latin America

Significant Market Dynamics:

Growth Factors

- Increasing prevalence of neurological disorders and brain tumors.

- Increased adoption of MRI scans due to low cost, high resolution images.

- More and more surgical procedures are being performed in hospitals around the world.

Head Coil Market report scope:

Key Takeaways from this Head Coil Report

• Estimate Head Coil market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, applications and by different industry verticals.
• Understand the supply chain in depth on the value growth at each step, in order to optimize value and bring effectiveness in your processes.
• Know the different dynamics affecting the market - challenges, key driving factors and opportunities.
• Get a quick viewpoint on the Head Coil market entropy - M&A's, deals, partnerships, product launches of all key companies for the historical 5 years.
• Estimate the supply-demand gaps, import-export data and regulatory landscape for more than top 20 countries worldwide for the market.
• Get complete insights on your competitor's performance - market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.
• Study the sales and distribution channels over key geographies to improve top-line revenues.

Frequently Asked Questions-

What is the CAGR of Head Coil market?

The Head Coil Market is growing at a CAGR of 5.6% During Forecast Period.

 What are the key types of Head Coil market?

4-12 Channels, 12-32 Channels, More Than 32 Channels,

What are the key applications of Head Coil market?

For Humans, For Animals, Others                                              

Who are the key players in Head Coil market?

GE, MR Instruments, Philips, Hitachi, Shimadsu, Toshiba, LMT Medical Systems, Neusoft, Siemens Healthineers, Esaote, Rapid Biomedical, Hallmarq Veterinary, And others.