Report ID : 1332780 | Published : May 2025 | Study Period : 2023-2033 | Format : PDF + Excel
The market size of the Knee Coil Market is categorized based on Product Type (Standard Knee Coils, High-Resolution Knee Coils, Dedicated Knee Coils) and End-User (Hospitals, Diagnostic Imaging Centers, Research Institutions) and Region (North America, Europe, Asia-Pacific, Latin America, Middle East & Africa) and geographical regions (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa).
With a valuation of $250 million in 2023, the Knee Coil Market is expected to reach $450 million by 2033, growing at a CAGR of 6.1% from 2024 onwards. The report encompasses various segments and analyzes the trends and factors significantly impacting the market.
The knee coil market is exhibiting noteworthy expansion due to progress in medical imaging and an increase in the prevalence of disorders associated with the knee. Health providers aim to improve the level of care patients receive, and so, the need for quality imaging systems is on the rise. Knee coils are essential parts of MRI systems, and so, they are needed to obtain images of the knee joints to facilitate proper evaluation and staging of treatment. The increasing attention devoted to early diagnosis and treatment is driving the demand for these products.
In addition, there are more sports-related injuries and chronic aging conditions in the population that are driving the wider market. An increasing number of people participating in sports and physical exercises leads to higher occurrence of knee injuries which in turn drives the demand for imaging. Also, the global population is aging, hence the prevalence of age-related degenerative changes in the knees like osteoarthritis will increase. As a result, healthcare providers are acquiring new imaging devices, which is, in turn, increasing the demand for knee coils.
With the advancement in the market, the manufacturers are concentrating on innovation fundamentally improving the image quality of coils, comfort of the patient, as well as their compatibility with numerous MRI systems. This trend not only solves the difficulties in the industry experienced by healthcare providers, but also embraces the transition toward personalized medicine. While exploring the nuances of the knee coil market, it is apparent that its growth in the upcoming years will be driven by the combination of new technology and the increasing need for healthcare services.
ATTRIBUTES | DETAILS |
---|---|
STUDY PERIOD | 2023-2033 |
BASE YEAR | 2023 |
FORECAST PERIOD | 2024-2033 |
HISTORICAL PERIOD | 2023-2024 |
UNIT | VALUE (USD BILLION) |
KEY COMPANIES PROFILED | Siemens Healthineers, GE Healthcare, Philips Healthcare, Canon Medical Systems, Hitachi Medical Systems, Fujifilm Holdings Corporation, Esaote S.p.A., Neusoft Medical Systems, Mindray Medical International Limited, Samsung Medison, Bracco Imaging |
SEGMENTS COVERED |
By Product Type - Standard Knee Coils, High-Resolution Knee Coils, Dedicated Knee Coils By End-User - Hospitals, Diagnostic Imaging Centers, Research Institutions By Region - North America, Europe, Asia-Pacific, Latin America, Middle East & Africa By Geography - North America, Europe, APAC, Middle East Asia & Rest of World. |
The Knee Coil Market is undergoing significant changes due to various dynamic factors. This section delves into the key drivers, restraints, opportunities, and challenges that are shaping the market landscape.
This report provides an in-depth analysis of both established and rising industry participants. It provides broad lists of important companies organized by the types of products they offer and other market-related factors. In addition to characterizing these companies, the report contains the year each player entered the market, which is useful for research analysis by the study's analysts.
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