U.S. Mri Motion Tracking Systems Market Size & Outlook
U.S. mri motion tracking systems market, 2018-2030 (US$M)
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U.S. mri motion tracking systems market highlights
- The U.S. mri motion tracking systems market generated a revenue of USD 0.7 million in 2023 and is expected to reach USD 2.7 million by 2030.
- The U.S. market is expected to grow at a CAGR of 20.5% from 2024 to 2030.
- In terms of segment, optical tracking system was the largest revenue generating type in 2023.
- Software 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 0.7 million |
| Market revenue in 2030 | USD 2.7 million |
| Growth rate | 20.5% (CAGR from 2023 to 2030) |
| Largest segment | Optical tracking system |
| Fastest growing segment | Software |
| 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, U.S. accounted for 25.7% 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 North America, U.S. mri motion tracking systems market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 2.7 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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U.S. 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 85.71% in 2023. Horizon Databook has segmented the U.S. mri motion tracking systems market based on software, optical tracking system covering the revenue growth of each sub-segment from 2018 to 2030.
Errors in image interpretation costs a large amount for the radiology center. For instance, the cost of false-positive breast biopsies is ~USD 2 billion per year. Along with follow-up of other imaging procedures, such as MRI & tomo synthesis, ~USD 8 billion is estimated to be the annual loss for follow-up diagnostic procedures in the country.
Around ~71% false-positive rate has been estimated for breast biopsies. Moreover, in women without a previous cancer history, the rate of age-adjusted biopsy followed by MRI was eight times higher than mammography alone (8.49% vs 1.49%).
Hence, there is an increased need to develop advanced MRI systems with unique motion correction tools to avoid unnecessary & repeated scans and reduce the workload of radiologists.
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Horizon Databook provides a detailed overview of country-level data and insights on the U.S. mri motion tracking systems market , including forecasts for subscribers. This country databook contains high-level insights into U.S. mri motion tracking systems market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. mri motion tracking systems market size, by type, 2018-2030 (US$M)
U.S. MRI Motion Tracking Systems Market Outlook Share, 2023 & 2030 (US$M)
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