Germany Mri Motion Tracking Systems Market Size & Outlook
Germany mri motion tracking systems market, 2018-2030 (US$M)
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Germany mri motion tracking systems market highlights
- The Germany mri motion tracking systems market generated a revenue of USD 0.1 million in 2023 and is expected to reach USD 0.4 million by 2030.
- The Germany market is expected to grow at a CAGR of 19% from 2024 to 2030.
- In terms of segment, optical tracking system was the largest revenue generating type in 2023.
- Optical Tracking System is the most lucrative type segment registering the fastest growth during the forecast period.
Mri motion tracking systems market data book summary
| Market revenue in 2023 | USD 0.1 million |
| Market revenue in 2030 | USD 0.4 million |
| Growth rate | 19% (CAGR from 2023 to 2030) |
| Largest segment | Optical tracking system |
| Fastest growing segment | Optical Tracking System |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Software, Optical Tracking System |
| Key market players worldwide | TracInnovations, Kineticor, Theia, NewMarket Corp, Metria Innovation, Kinetic Development Group Ltd |
Other key industry trends
- In terms of revenue, Germany accounted for 4.5% of the global mri motion tracking systems market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, UK mri motion tracking systems market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 0.5 million by 2030.
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MRI Motion Tracking Systems Market Scope
MRI Motion Tracking Systems Market Companies
| Name | Profile | # Employees | HQ | Website |
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Germany mri motion tracking systems market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to mri motion tracking systems market will help companies and investors design strategic landscapes.
Optical tracking system was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Germany mri motion tracking systems market based on software, optical tracking system covering the revenue growth of each sub-segment from 2018 to 2030.
Germany is home to one of the largest MRI brands across the globe, making it the epicenter of most MRI R&D activities. Germany, China, and South Korea are planning to build a 14T human scanner for improved and efficient imaging.
Increase in signal to noise ratio, ensures better image quality. However, the issue of motion artifacts can only be resolved by some high-speed optical tracking systems and software. Moreover, numerous studies are being conducted using 7T MRI scanners at imaging centers in Berlin, Germany, to particularly address the burden of neurological disorders and the challenge of integrating findings from molecular & cellular insights from brain research.
This makes 7T scanners a great alternative for diagnosing and differentiating multiple sclerosis lesions from other neurodegenerative diseases. Hence, increased number of imaging centers and research activities is creating create scope for studies using high-speed motion correction systems, which is expected to boost the market.
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Horizon Databook provides a detailed overview of country-level data and insights on the Germany mri motion tracking systems market , including forecasts for subscribers. This country databook contains high-level insights into Germany mri motion tracking systems market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Germany mri motion tracking systems market size, by type, 2018-2030 (US$M)
Germany MRI Motion Tracking Systems Market Outlook Share, 2023 & 2030 (US$M)
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