https://globenewswire.com/news-rele...d-at-a-CAGR-of-5-2-from-2018-to-2026-TMR.html
Company is in the right space and interesting to read that North America has the leading market, so in my opinion the recently acquired FDA is a turning point for the company
Magnetic Resonance Imaging Market to expand at a CAGR of 5.2% from 2018 to 2026 - TMR
Magnetic Resonance Imaging Market: Demand for Advanced Diagnostic Imaging Technology for Accurate Diagnosis of Life-Threatening Diseases to Drive Market Growth
North America dominates the global magnetic resonance imaging market
North America accounts for the leading share of the global magnetic resonance imaging market, primarily due to its large patient population and increase in disease awareness among people. Factors such as rise in awareness about imaging devices and demand for technologically advanced magnetic resonance imaging equipment have also contribute toward the dominant market share of the region. However, certain factors are seen to be restraining the market growth in North America. The number of imaging procedures is declining rapidly in the U.S. due to increasing awareness about superfluous imaging performed that not only causes unwarranted exposure to radiation but also burdens health care budgets of people. Asia Pacific comprises emerging economies such as China, India, Indonesia, Malaysia, Singapore, and Thailand. The region offers immense opportunities to the health care sector, and was the second largest market in 2017. It accounted for 27.0% share of the global magnetic resonance imaging equipment market in 2017. The magnetic resonance imaging market is characterized by high demand for refurbished imaging systems due low purchasing parity in these countries. Asia Pacific offers large opportunities to the magnetic resonance imaging market as most of the countries in the region are focused on developing their health care infrastructure.
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