Gradient Power Amplifier Market

Gradient Power Amplifier Market

  • ICT-SE-5381
  • 4.3 Rating
  • 180 Pages
  • 22-02-2023
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Raksha

Author:

Raksha Sharma

Amulya

Fact-checked by:

Amulya Agarwal

Shruti

Editor:

Shruti Bhat

Gradient Power Amplifier Market Outlook

The global gradient power amplifier market size was valued at USD 1710.1 Mn in 2021 and is expected to reach USD 2597.7 Mn in 2030, expanding at a CAGR of 4.8% during the forecast period. The overall incremental opportunity is estimated to be USD 835.1 Mn from 2022 to 2030.

Magnetic resonance imaging (MRI) is a medical imaging technology that produces detailed, high-contrast images for diagnostic purposes. In MRIs, a gradient system generates position and time dependent magnetic fields (X, Y, and Z axis) on three orthogonal axes. A gradient amplifier in an MRI system enhances the energy of the signal before it reaches gradient coils, causing the field strength to be powerful enough to generate fluctuations in the main magnetic field for localization of the subsequently received signal. Normally, three gradient amplifiers are required for three gradient coils.

Gradient Power Amplifier Market Market Outlook

Global Gradient Power Amplifier Market Dynamics

Growing demand for MRIs for non-invasive diagnosis

Growing demand for MRIs for non-invasive diagnosis is expected to boost the market during the forecast period. Magnetic resonance imaging (MRI) is a non-invasive clinical imaging technology used for high-resolution soft-tissue imaging. MRI is a technology that uses magnetic fields to align protons within hydrogen atoms, which make up a majority of the human body. Additionally, MRI has showed increasing promise in identifying ovarian cancer in the past few years.

According to a report published by Statista in 2022, Japan has the highest number of MRI facilities among the Organization for Economic Cooperation and Development (OECD) member countries. Over 55 such units are available per every million people. On the other hand, the US and Germany are close behind, with rates of around 40 and 35 per million population, respectively. Furthermore, Israel and Hungary have approximately five MRI units available per million people.

Rising number of R&D activities

Rising number of R&D activities is projected to fuel the demand MRI machines thus, boosting the market in the coming years. The University of South Australia and cancer diagnostic startup, Ferronova, are working to create a breakthrough device that provide precise images and guide treatment of aggressive brain tumors.

The new MRI nanotechnology is designed to target a specific marker identified in more than 90% of solid tumors, including high-grade brain malignancies. The novel MRI technology, which has already shown encouraging preclinical resulting in a prostate cancer model, has the potential to have a significant influence on aggressive brain malignancies. Thus, boosting the demand for gradient power amplifiers during the forecast period.

High maintenance cost associated with GPA

High maintenance costs associated with GPA is expected to hamper the market in the coming years. The maintenance cost of the GPA depends on the primary and secondary market along with the MRI scan as the machine itself is expensive. For instance, the greater the MRI machine's power, the more energy it consumes.

Furthermore, before inflation, the electricity price fluctuation for MRI equipment varies every month, impacting the entire maintenance cost of the unit. As a delicate machine, it needs to be inspected on a monthly basis. The higher the cost of maintenance, the more powerful the model. Thus, these factors are expected to hamper the market during the forecast period.

Ongoing advancement in GPA

Ongoing technological advancements in GPA is anticipated to create lucrative opportunities in the market in the coming years. High-power GPAs are necessary in MRI to drive the gradient coils in order to generate powerful and high-fidelity gradient fields. Precision is a crucial need for GPAs, as it directly affects the MRI imaging quality.

Recently, a systematic modeling and design method of the state space controller for high-power GPA with multi-rational-delay variables is presented. This strategy enhances GPA dynamic performance. Second, an efficient out-of-band signal injection mechanism is proposed to improve control precision at low output current, allowing the tough high-precision MRI criteria to be met across the whole GPA output range.

Scope of Power Amplifier Market Report

The report on the Gradient Power Amplifier Market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Gradient Power Amplifier Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast

Base Year

2021

Historic Data

2015-2020

Forecast Period

2022–2030

Segmentation

By Voltage Type (Less than equal to 700V, Above 700V-1400V, Above 1400V-2100V), By Cooling Type (Liquid-Based, Air-Based) and regions.

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered

Analogic Corporation, Performance Controls Inc, General Electric, Siemens, AE Techron, Inc, Prodrive Technologies, Pure Device GmbH, Shanghai United Imaging Healthcare Co., LTD, Koninklijke Philips N.V., International Electric Company Oy

Power Amplifier Market Segment Insights

Voltage Type Segment Analysis

Based on voltage type, the global gradient power amplifier market is segment into less than equal to 700V, above 700V-1400V, and above 1400V-2100V.The above 1400V-2100V segment dominates the global market during the forecast period, due to the rising adoption of 1400V-2100V amplifiers for medical imaging process across the globe.

Gradient Power Amplifier Market Voltage Type

Regional Analysis

On the basis of regions, the global gradient power amplifier market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.North America is expected to dominate the market during the forecast period owing to rising demand for MRI machines in this region due to the growing prevalence of chronic diseases, and rising number of multispecialty hospitals in North America.

The market in Asia Pacific is estimated to expand at a fast pace during the forecast period. The growth of the market is related to the rapid expansion in healthcare infrastructure in emerging nations, such as China and India. Additionally, increasing number of cancer patients is driving the demand for MRI machines, which in turn, is fueling the market for gradient amplifiers in the region.

Gradient Power Amplifier Market Region

Key Benefits for Industry Participants & Stakeholders

  • In-Depth Analysis of the Global Gradient Power Amplifier Market
  • Historical, Current and Projected Market Size in terms of value
  • Potential & Niche Segments and Regions Exhibiting Promising Growth Covered
  • Industry Drivers, Restraints and Opportunities Covered in the Study
  • Recent Industry Trends and Developments
  • Competitive Landscape & Strategies of Key Players
  • Neutral Perspective on Global Gradient Power Amplifier Market Performance

Segments

Voltage Type

  • Less than equal to 700V
  • Above 700V-1400V
  • Above 1400V-2100V

Cooling Type

  • Liquid-Based
  • Air-Based

Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

Key Players

Competitive Landscape

Top players in the market include Analogic Corporation, Performance Controls Inc, General Electric, Siemens, AE Techron, Inc, Prodrive Technologies, Pure Device GmbH, Shanghai United Imaging Healthcare Co., LTD, Koninklijke Philips N.V., International Electric Company Oy. These companies are considered key manufacturers of the global gradient power amplifier market based on their revenue, product offerings, regional presence, and supply chain management system.

The players are adopting key strategies such as acquisition, collaborations, and geographical expansion which the potential opportunity for the global gradient power amplifier market.

Gradient Power Amplifier Market Key Players
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Gradient Power Amplifier Market Overview
   4.1 Introduction
      4.1.1 Market Taxonomy
      4.1.2 Market Definition
      4.1.3 Macro-Economic Factors Impacting the Market Growth
   4.2 Gradient Power Amplifier Market Dynamics
      4.2.1 Market Drivers
      4.2.2 Market Restraints
      4.2.3 Market Opportunity
   4.3 Gradient Power Amplifier Market - Supply Chain Analysis
      4.3.1 List of Key Suppliers
      4.3.2 List of Key Distributors
      4.3.3 List of Key Consumers
   4.4 Key Forces Shaping the Gradient Power Amplifier Market
      4.4.1 Bargaining Power of Suppliers
      4.4.2 Bargaining Power of Buyers
      4.4.3 Threat of Substitution
      4.4.4 Threat of New Entrants
      4.4.5 Competitive Rivalry
   4.5 Global Gradient Power Amplifier Market Size & Forecast, 2016-2031
      4.5.1 Gradient Power Amplifier Market Size and Y-o-Y Growth
      4.5.2 Gradient Power Amplifier Market Absolute $ Opportunity
   4.6 Global Gradient Power Amplifier Market- Technological Outlook
   4.7 Global Gradient Power Amplifier Market- Current Trend & Future Analysis
Chapter 5 Global Gradient Power Amplifier Market Analysis and Forecast By Type
   5.1 Introduction
      5.1.1 Key Market Trends & Growth Opportunities By Type
      5.1.2 Basis Point Share (BPS) Analysis By Type
      5.1.3 Absolute $ Opportunity Assessment By Type
   5.2 Gradient Power Amplifier Market Size Forecast By Type
      5.2.1 Less than Equals to 700V
      5.2.2  Above 700V-1400V
      5.2.3 Above 1400V-2100V
   5.3 Market Attractiveness Analysis By Type
Chapter 6 Global Gradient Power Amplifier Market Analysis and Forecast By Cooling Type
   6.1 Introduction
      6.1.1 Key Market Trends & Growth Opportunities By Cooling Type
      6.1.2 Basis Point Share (BPS) Analysis By Cooling Type
      6.1.3 Absolute $ Opportunity Assessment By Cooling Type
   6.2 Gradient Power Amplifier Market Size Forecast By Cooling Type
      6.2.1 Liquid Based
      6.2.2  Air Based
   6.3 Market Attractiveness Analysis By Cooling Type
Chapter 7 Global Gradient Power Amplifier Market Analysis and Forecast by Region
   7.1 Introduction
      7.1.1 Key Market Trends & Growth Opportunities by Region
      7.1.2 Basis Point Share (BPS) Analysis by Region
      7.1.3 Absolute $ Opportunity Assessment by Region
   7.2 Gradient Power Amplifier Market Size Forecast by Region
      7.2.1 North America
      7.2.2 Europe
      7.2.3 Asia Pacific
      7.2.4 Latin America
      7.2.5 Middle East & Africa (MEA)
   7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
   8.1 Introduction
   8.2 Current & Future Impact Analysis
   8.3 Economic Impact Analysis
   8.4 Government Policies
   8.5 Investment Scenario
Chapter 9 North America Gradient Power Amplifier Analysis and Forecast
   9.1 Introduction
   9.2 North America Gradient Power Amplifier Market Size Forecast by Country
      9.2.1 U.S.
      9.2.2 Canada
   9.3 Basis Point Share (BPS) Analysis by Country
   9.4 Absolute $ Opportunity Assessment by Country
   9.5 Market Attractiveness Analysis by Country
   9.6 North America Gradient Power Amplifier Market Size Forecast By Type
      9.6.1 Less than Equals to 700V
      9.6.2  Above 700V-1400V
      9.6.3 Above 1400V-2100V
   9.7 Basis Point Share (BPS) Analysis By Type
   9.8 Absolute $ Opportunity Assessment By Type
   9.9 Market Attractiveness Analysis By Type
   9.10 North America Gradient Power Amplifier Market Size Forecast By Cooling Type
      9.10.1 Liquid Based
      9.10.2  Air Based
   9.11 Basis Point Share (BPS) Analysis By Cooling Type
   9.12 Absolute $ Opportunity Assessment By Cooling Type
   9.13 Market Attractiveness Analysis By Cooling Type
Chapter 10 Europe Gradient Power Amplifier Analysis and Forecast
   10.1 Introduction
   10.2 Europe Gradient Power Amplifier Market Size Forecast by Country
      10.2.1 Germany
      10.2.2 France
      10.2.3 Italy
      10.2.4 U.K.
      10.2.5 Spain
      10.2.6 Russia
      10.2.7 Rest of Europe
   10.3 Basis Point Share (BPS) Analysis by Country
   10.4 Absolute $ Opportunity Assessment by Country
   10.5 Market Attractiveness Analysis by Country
   10.6 Europe Gradient Power Amplifier Market Size Forecast By Type
      10.6.1 Less than Equals to 700V
      10.6.2  Above 700V-1400V
      10.6.3 Above 1400V-2100V
   10.7 Basis Point Share (BPS) Analysis By Type
   10.8 Absolute $ Opportunity Assessment By Type
   10.9 Market Attractiveness Analysis By Type
   10.10 Europe Gradient Power Amplifier Market Size Forecast By Cooling Type
      10.10.1 Liquid Based
      10.10.2  Air Based
   10.11 Basis Point Share (BPS) Analysis By Cooling Type
   10.12 Absolute $ Opportunity Assessment By Cooling Type
   10.13 Market Attractiveness Analysis By Cooling Type
Chapter 11 Asia Pacific Gradient Power Amplifier Analysis and Forecast
   11.1 Introduction
   11.2 Asia Pacific Gradient Power Amplifier Market Size Forecast by Country
      11.2.1 China
      11.2.2 Japan
      11.2.3 South Korea
      11.2.4 India
      11.2.5 Australia
      11.2.6 South East Asia (SEA)
      11.2.7 Rest of Asia Pacific (APAC)
   11.3 Basis Point Share (BPS) Analysis by Country
   11.4 Absolute $ Opportunity Assessment by Country
   11.5 Market Attractiveness Analysis by Country
   11.6 Asia Pacific Gradient Power Amplifier Market Size Forecast By Type
      11.6.1 Less than Equals to 700V
      11.6.2  Above 700V-1400V
      11.6.3 Above 1400V-2100V
   11.7 Basis Point Share (BPS) Analysis By Type
   11.8 Absolute $ Opportunity Assessment By Type
   11.9 Market Attractiveness Analysis By Type
   11.10 Asia Pacific Gradient Power Amplifier Market Size Forecast By Cooling Type
      11.10.1 Liquid Based
      11.10.2  Air Based
   11.11 Basis Point Share (BPS) Analysis By Cooling Type
   11.12 Absolute $ Opportunity Assessment By Cooling Type
   11.13 Market Attractiveness Analysis By Cooling Type
Chapter 12 Latin America Gradient Power Amplifier Analysis and Forecast
   12.1 Introduction
   12.2 Latin America Gradient Power Amplifier Market Size Forecast by Country
      12.2.1 Brazil
      12.2.2 Mexico
      12.2.3 Rest of Latin America (LATAM)
   12.3 Basis Point Share (BPS) Analysis by Country
   12.4 Absolute $ Opportunity Assessment by Country
   12.5 Market Attractiveness Analysis by Country
   12.6 Latin America Gradient Power Amplifier Market Size Forecast By Type
      12.6.1 Less than Equals to 700V
      12.6.2  Above 700V-1400V
      12.6.3 Above 1400V-2100V
   12.7 Basis Point Share (BPS) Analysis By Type
   12.8 Absolute $ Opportunity Assessment By Type
   12.9 Market Attractiveness Analysis By Type
   12.10 Latin America Gradient Power Amplifier Market Size Forecast By Cooling Type
      12.10.1 Liquid Based
      12.10.2  Air Based
   12.11 Basis Point Share (BPS) Analysis By Cooling Type
   12.12 Absolute $ Opportunity Assessment By Cooling Type
   12.13 Market Attractiveness Analysis By Cooling Type
Chapter 13 Middle East & Africa (MEA) Gradient Power Amplifier Analysis and Forecast
   13.1 Introduction
   13.2 Middle East & Africa (MEA) Gradient Power Amplifier Market Size Forecast by Country
      13.2.1 Saudi Arabia
      13.2.2 South Africa
      13.2.3 UAE
      13.2.4 Rest of Middle East & Africa (MEA)
   13.3 Basis Point Share (BPS) Analysis by Country
   13.4 Absolute $ Opportunity Assessment by Country
   13.5 Market Attractiveness Analysis by Country
   13.6 Middle East & Africa (MEA) Gradient Power Amplifier Market Size Forecast By Type
      13.6.1 Less than Equals to 700V
      13.6.2  Above 700V-1400V
      13.6.3 Above 1400V-2100V
   13.7 Basis Point Share (BPS) Analysis By Type
   13.8 Absolute $ Opportunity Assessment By Type
   13.9 Market Attractiveness Analysis By Type
   13.10 Middle East & Africa (MEA) Gradient Power Amplifier Market Size Forecast By Cooling Type
      13.10.1 Liquid Based
      13.10.2  Air Based
   13.11 Basis Point Share (BPS) Analysis By Cooling Type
   13.12 Absolute $ Opportunity Assessment By Cooling Type
   13.13 Market Attractiveness Analysis By Cooling Type
Chapter 14 Competition Landscape
   14.1 Gradient Power Amplifier Market: Competitive Dashboard
   14.2 Global Gradient Power Amplifier Market: Market Share Analysis, 2022
   14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
      14.3.1 Analogic Corporation
      14.3.2 Performance Controls, Inc.
      14.3.3 General Electric
      14.3.4 Siemens
      14.3.5 AE Techron, Inc.
      14.3.6 Prodrive Technologies
      14.3.7 Pure Devices GmbH
      14.3.8 Shanghai United Imaging Healthcare Co., LTD
      14.3.9 Koninklijke Philips N.V.
      14.3.10 International Electric Company Oy

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FAQ Section

Some frequently asked quetions about this report!

The base year considered for the Global Gradient Power Amplifier Market report is 2021. The complete analysis period is 2015 to 2030, wherein, 2015 to 2020 are the historic years, and the forecast is provided from 2022 to 2030.

In addition to market size (in USD Million), global gradient power amplifier market covers all the shares and segmentations.

The market is expected to witness a slightly negative effect on growth between 2019 and 2020 owing to the COVID-19 pandemic owing to the halt in the production and supply chain disruptions.

Major Players are Analogic Corporation, Performance Controls Inc, General Electric, Siemens, AE Techron, Inc, Prodrive Technologies, Pure Device GmbH, Shanghai United Imaging Healthcare Co., LTD, Koninklijke Philips N.V., and International Electric Company Oy.

Factors such as GDP, technology, industrial production, investment is analysed in the final report.

According to this Growth Market Reports, the global gradient power amplifier market is likely to register a CAGR of 4.8% during the forecast period 2022-2030, with an anticipated valuation of USD 2597.7 Million by the end of 2030.

Growing demand for MRIs for non-invasive diagnosis, and rising number of R&D activities are expected to fuel the market during the forecast period.

Factors such as competitive strength and market positioning are key areas considered while selecting top companies to be profiled.

Additional company profiles can be provided on request. For a discussion related to above findings, click Speak to Analyst