The global Magnetic Resonance Imaging (MRI) compatible patient monitoring system market is growing significantly due to technological advancement in MRI compatible monitors, and increasing number of MRI procedures. According to Magnetica, a MRI magnet and magnet sub system manufacturer, approximately 26.7 million MRI procedures were done in 2007 and the number has increased to approximately 30.2 million in 2010. Massive unexplored market in the MRI compatible patient monitoring system industry of developing economies are creating abundant opportunities for the MRI compatible patient monitoring system market to grow at a considerable rate during the projected years.
In addition, the advanced research and development facilities, and innovative product developments by the companies are propelling the growth of the MRI compatible patient monitoring system industry. As MRI investigations are lengthy, generally children or critically ill patients may require sedation to tolerate the procedure and remain immobile during the procedure. MRI procedure poses risk of life-threatening adverse events, such as respiratory depression and hypoxemia. According to Safety Committee of the Society for Magnetic Resonance Imaging, MRI procedure should be physiologically monitored and supported with appropriate means. In addition, according to the guidelines issued by the Joint Commission on Accreditation of Healthcare Organization, patients under sedation or anesthesia require monitoring during the administration and recovery from these medications.
Browse full report with TOC @ http://www.acutemarketreports.com/report/magnetic-resonance-imaging-compatible-patient-monitoring-system-market
Geographically, North America will be leading the global MRI compatible patient monitoring system market in the coming years due to increasing geriatric population, increasing lifestyle associated diseases, and faster adoption of technologically advanced devices. Asia-Pacific is the fastest growing region in the global MRI compatible patient monitoring system market. The major reasons for the fastest growth of MRI compatible patient monitoring system market in the region are increasing healthcare awareness and increasing healthcare expenditure in the region. Moreover, the MRI compatible patient monitoring system market is growing due to refining healthcare infrastructure in the emerging countries, such as India and China.
Some of the companies operating in the global MRI compatible patient monitoring system market are Philips Healthcare, GE Healthcare, Dragerwerk AG & Co. KGaA, Schiller AG, Bayer Medical Care Inc., IRadimed Corporation and MIPM GmbH.
For More Information visit: http://www.acutemarketreports.com/
About Acute Market Reports
Acute Market Reports is the most sufficient collection of market intelligence services online. It is your only source that can fulfill all your market research requirements. Acute Market Reports provide online reports from over 100 best publishers and upgrade Acute Market Reports collection regularly to offer you direct online access to the world’s most comprehensive and recent database with expert perceptions on worldwide industries, products, establishments and trends. Acute Market Reports database consists of 200,000+ market research reports with detailed & minute market research.