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TwitterAmong member countries of the Organization of Economic Co-operation and Development (OECD), Japan has the highest density of magnetic resonance imaging (MRI) units. Almost 60 such units are available per every million of its population. Greece and South Korea both follow with rates of around 39 per million inhabitants. Compared to these countries, Mexico had around three MRI units per every million. The density of diagnostic imaging units can be one measurement to define the quality of a country’s health care infrastructure. Why and when MRI is usedThe invention of MRI scanners revolutionized diagnostic imaging as it doesn’t use radiation, but a magnetic field and radio waves. Since ionized radiation as used in CT-scans and X-rays is potentially harmful for the patient, this includes a significant advantage for MRIs. MRI scans are principally used for imaging organs, soft tissues, ligaments, and other parts of the body which are difficult to see. While on the other hand, computer tomography (CT) scanners are more frequently used to show bony structures. Among the global top manufacturers of MRI scanners are General Electric, Siemens, Hitachi, and Philips. The costs of MRIA single scan per MRI could cost up to 4,000 U.S. dollars, and thus double the cost of a scan with CT. The purchase of an MRI scanner could be a major investment for a practice or a hospital, with prices ranging from 150 thousand dollars up to several million dollars. Of course, there are installation and maintenance costs to be taken into account as well. With nearly 40 million MRI scans performed annually in the United States, it’s clear that diagnostic imaging costs are substantial.
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The average for 2020 based on 28 countries was 18.57 MRI units per million people. The highest value was in Japan: 57.39 MRI units per million people and the lowest value was in Mexico: 2.64 MRI units per million people. The indicator is available from 1982 to 2021. Below is a chart for all countries where data are available.
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TwitterComputer tomography (CT) scanners are vital medical technology used in the diagnosis and monitoring of various medical conditions. CT scanner utilize x-ray technology to make images of bones, vessels and other internal organs. As of 2024, Japan had the largest density of CT scanners with almost 120 scanners per million people. The country with the second most scanners at that time was Australia with over 74 scanners per million people. Diagnostic imaging Diagnostic imaging is a branch of medical technology that aims to use advanced technologies to create images of the human body for the purposes of diagnosing and monitoring medical conditions. There are several kinds of imaging available. Magnetic resonance imaging (MRI) is another type of medical imaging common in developed countries. As of 2024, Japan and Greece had the largest number of MRI units per million population. Usage of medical imaging also varies significantly among countries with Germany and Austria having the highest rates of examinations by MRI in recent years. Medical technology market globally The medical technology market has been an ever-expanding industry. With segments in diagnostic imaging, cardiology and optometry there is ample opportunities for new technologies to be utilized. The top medical technology segment based on market share was in vitro diagnostics, followed by cardiology and diagnostic imaging. Among medical technology companies Medtronic and Johnson & Johnson were the top two based on worldwide revenue in 2023.
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TwitterAs of 2022, Brazil was the country in Latin America with the highest density of magnetic resonance imaging scanners (MRI scanners), with a total of ***** units per million inhabitants. Chile and Antigua and Barbuda followed, with ***** and ***** devices per million inhabitants, respectively. As of 2023, the share of hospitals with MRI machines in Latin America amounted to nine percent.
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Italy: Magnetic resonance imaging units per million people: The latest value from 2021 is 34.2 MRI units per million people, an increase from 31.24 MRI units per million people in 2020. In comparison, the world average is 20.70 MRI units per million people, based on data from 11 countries. Historically, the average for Italy from 1997 to 2021 is 19.78 MRI units per million people. The minimum value, 4.11 MRI units per million people, was reached in 1997 while the maximum of 34.2 MRI units per million people was recorded in 2021.
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The average for 2020 based on 17 countries was 17.19 MRI units per million people. The highest value was in Greece: 33.56 MRI units per million people and the lowest value was in Hungary: 4.92 MRI units per million people. The indicator is available from 1982 to 2021. Below is a chart for all countries where data are available.
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Indonesia: Magnetic resonance imaging units per million people: The latest value from is MRI units per million people, unavailable from MRI units per million people in . In comparison, the world average is 0.00 MRI units per million people, based on data from countries. Historically, the average for Indonesia from to is MRI units per million people. The minimum value, MRI units per million people, was reached in while the maximum of MRI units per million people was recorded in .
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Haiti: Magnetic resonance imaging units per million people: The latest value from is MRI units per million people, unavailable from MRI units per million people in . In comparison, the world average is 0.00 MRI units per million people, based on data from countries. Historically, the average for Haiti from to is MRI units per million people. The minimum value, MRI units per million people, was reached in while the maximum of MRI units per million people was recorded in .
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Turkey: Magnetic resonance imaging units per million people: The latest value from 2020 is 11.26 MRI units per million people, an increase from 10.92 MRI units per million people in 2019. In comparison, the world average is 18.57 MRI units per million people, based on data from 28 countries. Historically, the average for Turkey from 2002 to 2020 is 7.77 MRI units per million people. The minimum value, 0.88 MRI units per million people, was reached in 2002 while the maximum of 11.26 MRI units per million people was recorded in 2020.
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The Canadian Magnetic Resonance Imaging (MRI) market is experiencing robust growth, driven by factors such as an aging population leading to increased prevalence of chronic diseases requiring MRI diagnosis, technological advancements in MRI systems resulting in improved image quality and faster scan times, and rising healthcare expenditure. The market is segmented by architecture (closed vs. open systems), field strength (low, high, very high), and application (oncology, neurology, cardiology, etc.). While precise Canadian market size data for 2025 is unavailable, we can reasonably estimate it based on the global CAGR of 6.37% and considering Canada's robust healthcare infrastructure and relatively high per-capita healthcare spending. Assuming a similar growth trajectory to the global market and a proportional share of the North American market, a plausible estimate for the Canadian MRI market size in 2025 would be in the range of $200-$250 million. This growth is further propelled by increasing government initiatives to improve healthcare access and technological advancements in areas like artificial intelligence for image analysis, leading to improved diagnostic accuracy and efficiency. The market also faces certain challenges, including high equipment costs and the need for skilled radiologists and technicians. However, these challenges are being mitigated by technological innovations and public-private partnerships. The market's future growth is projected to be influenced by factors such as ongoing improvements in MRI technology, increasing adoption of minimally invasive procedures requiring precise imaging, and the growing prevalence of chronic diseases such as cancer, cardiovascular diseases and neurological disorders. Open MRI systems are anticipated to gain traction due to their patient-friendliness, especially for claustrophobic patients and those with obesity. High-field MRI systems will continue to dominate the market due to their superior image quality and diagnostic capabilities, while the application segments such as oncology and neurology are expected to show robust growth due to rising incidence rates and advanced diagnostic needs in these areas. Key players in the Canadian market include international giants such as GE Healthcare, Siemens Healthineers, and Philips, alongside local distributors and providers of related services. The coming years will likely see an increase in strategic partnerships, acquisitions, and technological innovations shaping the competitive landscape. Recent developments include: April 2023: Kelowna General Hospital(KGH) in British Columbia installed a new MRI machine with an investment of CAD 30 million (USD 22.6 million) by the Ministry of Health. With the help of the installed MRI machine, the capacity for MRI scans KGH is likely to increase from approximately 7,000 to 15,000 per year., February 2023: Georgian Bay General Hospital (GBGH) in Canada received CAD 800,000 (USD 604,663) from the Ontario Ministry of Health as an annual operating fund to commence Magnetic Resonance Imaging (MRI) services in the hospital. Also, the funding covers the cost of staff and utilities.. Key drivers for this market are: Growing Burden of Chronic Diseases, Technological Advancement of MRI Systems. Potential restraints include: Growing Burden of Chronic Diseases, Technological Advancement of MRI Systems. Notable trends are: Low-Field Segment is Anticipated to Grow Over the Forecast Period.
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TwitterThe number of magnetic resonance imaging (MRI) scanners in the United Kingdom saw no significant changes in 2014 in comparison to the previous year 2013 and remained at around 466.96 scanners. Nevertheless, 2014 still represents a peak in the number of MRI scanners in the United Kingdom with 466.96 scanners. Magnetic resonance imaging (MRI) uses magnetic/electromagnetic fields combined with an induced resonance effect of hydrogen atoms. The result is a visualization of internal organs and body structures. MRI does not use x-rays or ionizing radiation which distinguishes it from CT and PET scans.Find more key insights for the number of magnetic resonance imaging (MRI) scanners in countries like Luxembourg, Netherlands, and Lithuania.
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TwitterJapanese company Hitachi accounted for three percent of the world's market for diagnostic imaging in 2017. By 2024, this share is expected to decrease to 2.7 percent. Diagnostic imaging allows medical examiners to observe the inside of a body to establish a medical condition. Different techniques and machines allow radiologists and other health professionals to take a picture of the structures and activities occurring in the body. The best-known types of diagnostic imaging are radiography (X-rays), ultrasound, computed tomography (CT), and magnet resonance imaging (MRI). The global top 3 companies The global diagnostic imaging market is dominated by three companies which are all expected to maintain a share of about 20 or more percent until 2024. These three companies are German Siemens (Healthineers), U.S.-based General Electric Healthcare, and Philips from the Netherlands. The total global diagnostic imaging market currently is estimated at around 40 billion U.S. dollars. One of the main drivers for the market is the growing demand for early stage diagnoses of chronic diseases of an increasingly aging population, especially in developed countries. The importance of medical imaging Today, medical diagnosis without diagnostic imaging is hardly imaginable. It makes it possible to take a detailed image of the human body and his structures, thus allowing an exact diagnosis and to choose the most appropriate treatment. Although most types of diagnostic imaging are painless, some require a patient to remain still for an extended period inside a machine, which causes problems for some patients, i.e. claustrophobia. Other methods could involve exposure to some radiation or being anesthetized. The fact that there are, for example, annually 35-40 million MRI scans in the United States alone, shows the massive impact and importance of medical imaging in today’s health care.
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The Mexico MRI market, valued at approximately $150 million in 2025, is projected to experience robust growth, driven by a rising prevalence of chronic diseases like cancer and cardiovascular ailments necessitating advanced diagnostic imaging. The increasing geriatric population further fuels demand for MRI services, as age-related conditions often require detailed imaging analysis. Technological advancements in MRI systems, such as the development of higher field strength machines offering superior image quality and faster scan times, are also significant drivers. Open MRI systems are gaining traction due to their patient-friendliness, reducing claustrophobia concerns and expanding accessibility to a wider patient base. Government initiatives promoting healthcare infrastructure development and increased investment in medical technology are creating favorable conditions for market expansion. However, high equipment costs and limited reimbursement policies may pose challenges to market growth. The market is segmented by architecture (closed vs. open), field strength (low, high, very high), and application (oncology, neurology, cardiology, gastroenterology, musculoskeletal, and others). Key players like GE Healthcare, Siemens Healthcare, and Philips are actively competing in this expanding market, offering a range of advanced MRI systems and services. Growth in the Mexican MRI market is projected to be driven primarily by the neurology and oncology segments, reflecting the increasing incidence of neurological disorders and cancers within the country. The adoption of high-field MRI systems is expected to accelerate, owing to their enhanced diagnostic capabilities and superior image resolution. However, the market also faces potential restraints from the relatively lower per capita healthcare expenditure compared to developed nations and challenges associated with maintaining advanced technology and skilled personnel. The forecast period (2025-2033) anticipates continued growth, with the market likely experiencing a compound annual growth rate (CAGR) in line with the global average for emerging markets, reflecting a steady expansion fueled by factors outlined above. The ongoing evolution of MRI technology and its increasing integration into routine clinical practice will be key determinants of future market trajectory. Recent developments include: December 2022: Universidad Nacional Autonoma de Mexico sponsored a clinical trial to understand the possible changes in motor function and the brain's functional connectivity through resting-state functional Magnetic Resonance Imaging (rs-fMRI) for subacute ischemic stroke outpatients associated with occupational therapy using interactive applications as a therapeutic complement, comparing with patients on conventional therapy., August 2022: Simon Hegele Healthcare Solutions launched a new service from its warehouse in Mexico City: cooling and storing magnetic resonance imaging instruments in a specially equipped cryo farm.. Key drivers for this market are: Advancements in MRI Systems, Growing Number of Chronic Diseases. Potential restraints include: Advancements in MRI Systems, Growing Number of Chronic Diseases. Notable trends are: Neurology Segment is Expected to Witness a Significant Growth Over the Forecast Period.
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The size of the Mexico MRI Industry market was valued at USD XX Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of 5.67% during the forecast period. Growth in the magnetic resonance imaging industry is taking over Mexico in large numbers, influenced by technology and the rising demand for accurate diagnostic imaging. Owing to improved health services and increased instances of chronic diseases, MRI has become a crucial diagnostic tool for physicians in the cases of cancer, neurological disorders, and musculoskeletal injuries. Various forces are driving the expansion of the MRI industry in Mexico. The trend of both an increase in healthcare spend both by the government and private sectors is continually expanding access to the advanced imaging technologies. More modern, state-of-the-art diagnostic centers, equipped with MRI machines, made the service more accessible. Furthermore, there exists an aging population that necessitates an increased use of imaging services as people develop age-related health issues. Despite all these optimistic aspects, MRI is not free from challenges. For example, it's costly to use MRI in terms of equipment and maintenance, which hampers access in some places. Another need is skilled professionals qualified to operate MRI machines and interpret the output, which is one reason why training and education take great significance in the field. Looking ahead, the industry for MRI in Mexico should continue to advance at an impressive pace, driven by the expansion of healthcare infrastructure and the acquisition of technology. Development of portable MRI systems and other advanced imaging modalities will further enhance diagnostic capability and, thereby improve patient care for all regions of the country. Recent developments include: December 2022: Universidad Nacional Autonoma de Mexico sponsored a clinical trial to understand the possible changes in motor function and the brain's functional connectivity through resting-state functional Magnetic Resonance Imaging (rs-fMRI) for subacute ischemic stroke outpatients associated with occupational therapy using interactive applications as a therapeutic complement, comparing with patients on conventional therapy., August 2022: Simon Hegele Healthcare Solutions launched a new service from its warehouse in Mexico City: cooling and storing magnetic resonance imaging instruments in a specially equipped cryo farm.. Key drivers for this market are: Advancements in MRI Systems, Growing Number of Chronic Diseases. Potential restraints include: High Cost of MRI Systems. Notable trends are: Neurology Segment is Expected to Witness a Significant Growth Over the Forecast Period.
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Hong Kong: Magnetic resonance imaging units per million people: The latest value from is MRI units per million people, unavailable from MRI units per million people in . In comparison, the world average is 0.00 MRI units per million people, based on data from countries. Historically, the average for Hong Kong from to is MRI units per million people. The minimum value, MRI units per million people, was reached in while the maximum of MRI units per million people was recorded in .
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According to our latest research, the Global MRI Systems Market size was valued at $8.2 billion in 2024 and is projected to reach $13.7 billion by 2033, expanding at a robust CAGR of 6.1% during the forecast period of 2025–2033. The major factor propelling the growth of this market globally is the rapid advancement in imaging technology, which has significantly improved diagnostic accuracy and patient outcomes. The integration of artificial intelligence (AI) and machine learning algorithms into MRI systems is further enhancing image quality, reducing scan times, and enabling more precise disease detection, thereby driving widespread adoption across healthcare facilities worldwide.
North America continues to dominate the MRI Systems Market, holding the largest share globally, accounting for approximately 38% of the total market value in 2024. This leading position can be attributed to the region's mature healthcare infrastructure, high per capita healthcare expenditure, and a strong emphasis on early disease detection and preventive care. The presence of major industry players, coupled with continuous investments in research and development, has fostered an environment conducive to technological innovation. Furthermore, favorable reimbursement policies and a growing aging population with a high prevalence of chronic diseases, such as neurological and musculoskeletal disorders, are further fueling the demand for advanced MRI systems in the United States and Canada.
The Asia Pacific region is anticipated to be the fastest-growing market for MRI Systems during the forecast period, projected to expand at a CAGR of 7.8% from 2025 to 2033. This impressive growth trajectory is driven by increasing healthcare investments, rising awareness of early disease diagnosis, and a burgeoning middle-class population with improving access to quality medical care. Countries such as China, India, and Japan are witnessing significant government initiatives aimed at strengthening healthcare infrastructure and expanding diagnostic imaging capabilities. Additionally, the influx of foreign direct investments and the establishment of joint ventures between local and international players are accelerating the adoption of advanced MRI technologies in the region.
Emerging economies in Latin America, the Middle East, and Africa are gradually embracing MRI Systems due to rising healthcare needs and increased government focus on modernizing medical facilities. However, these regions face unique challenges, including limited access to skilled radiologists, high equipment costs, and inadequate reimbursement frameworks. Despite these hurdles, localized demand for affordable and compact MRI solutions is growing, especially in urban centers. Policy reforms aimed at improving healthcare accessibility, along with partnerships with global technology providers, are expected to gradually boost market penetration in these emerging markets, although growth rates are likely to trail behind those of North America and Asia Pacific.
| Attributes | Details |
| Report Title | MRI Systems Market Research Report 2033 |
| By Type | Closed MRI Systems, Open MRI Systems |
| By Field Strength | Low-to-Mid Field MRI Systems, High Field MRI Systems, Very High & Ultra High Field MRI Systems |
| By Application | Brain & Neurological, Spine, Musculoskeletal, Cardiovascular, Abdominal, Breast, Others |
| By End-User | Hospitals, Imaging Centers, Ambulatory Surgical Centers, Others |
| Regions Covered | North America, Europe, Asia Pacific, Latin America and Middle East & Africa |
| <b |
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Non-expenditure healthcare data provide information on institutions providing healthcare in countries, on resources used and on output produced in the framework of healthcare provision.
Data on healthcare form a major element of public health information as they describe the capacities available for different types of healthcare provision as well as potential 'bottlenecks' observed. The quantity and quality of healthcare services provided and the work sharing established between the different institutions are a subject of ongoing debate in all countries. Sustainability - continuously providing the necessary monetary and personal resources needed - and meeting the challenges of ageing societies are the primary perspectives used when analysing and using the data.
The resource-related data refer to both human and technical resources, i.e. they relate to:
The output-related data ('activities') refer to contacts between patients and the healthcare system, and to the treatment thereby received. Data are available for hospital discharges of in-patients and day cases, average length of stay of in-patients, consultations with medical professionals, and medical procedures performed in hospitals.
Annual national and regional data are provided in absolute numbers, percentages, and in population-standardised rates (per 100 000 inhabitants).
Wherever applicable, the definitions and classifications of the System of Health Accounts (SHA) are followed, e.g. International Classification for Health Accounts - Providers of health care (ICHA-HP). For hospital discharges, the International Shortlist for Hospital Morbidity Tabulation (ISHMT) is used. Surgical procedures are classified according to a shortlist mapped to ICD-9-CM.
These healthcare data are largely based on administrative data sources in the countries. Therefore, they reflect the country-specific way of organising healthcare and may not always be completely comparable.
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The global orthopedic radiology equipment market is experiencing robust growth, driven by several key factors. The increasing prevalence of musculoskeletal disorders, an aging global population requiring more orthopedic interventions, and advancements in imaging technology are significantly boosting market demand. Technological innovations, such as the development of higher-resolution imaging systems (like advanced CT and MRI scanners specifically designed for orthopedic applications) and AI-powered image analysis tools, are enhancing diagnostic accuracy and efficiency, further fueling market expansion. The market is segmented by equipment type (X-ray, CT, MRI) and application (hospitals, clinics, others), with hospitals currently dominating due to their advanced infrastructure and higher patient volumes. While precise market sizing data is unavailable, based on a CAGR of 5% and considering the substantial growth drivers and a global medical device market context, we can conservatively estimate the 2025 market size to be approximately $8 billion USD. This estimate is substantiated by the significant investments by key players (Canon, GE Healthcare, Siemens Healthineers, and others) in research and development of advanced orthopedic imaging solutions. The forecast period (2025-2033) anticipates continued market growth, potentially exceeding the current 5% CAGR due to the increasing adoption of minimally invasive surgical techniques that rely heavily on advanced imaging guidance. This growth, however, faces potential restraints such as the high cost of advanced equipment, the need for skilled professionals to operate and interpret the images, and the regulatory hurdles in various regions. Nevertheless, the overall market outlook remains positive, with significant potential for expansion in emerging economies driven by rising healthcare spending and improving healthcare infrastructure. Companies are focusing on strategic partnerships, mergers, and acquisitions to gain a competitive edge and expand their market share within this dynamic sector. Regional variations are expected, with North America and Europe maintaining a significant market share due to established healthcare systems and high per capita healthcare expenditure, while Asia-Pacific is projected to witness substantial growth due to rising disposable income and increasing awareness of musculoskeletal health.
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According to our latest research, the global MRI-Compatible Ventilators market size reached USD 220 million in 2024, with a robust market growth supported by a CAGR of 6.8% during the forecast period. The market is projected to attain a value of USD 384 million by 2033. Key factors fueling this growth include the rising prevalence of respiratory diseases, increasing demand for advanced imaging modalities, and the need for safe patient ventilation during MRI procedures. As per our comprehensive analysis, the synergy of technological advancements and expanding healthcare infrastructure is significantly propelling the adoption of MRI-compatible ventilators worldwide.
The accelerated growth of the MRI-Compatible Ventilators market can be attributed primarily to the rising incidence of chronic respiratory conditions such as chronic obstructive pulmonary disease (COPD), asthma, and acute respiratory distress syndrome (ARDS). These conditions often necessitate critical care interventions, including mechanical ventilation, even during diagnostic imaging. Traditional ventilators cannot be used within the MRI suite due to electromagnetic interference, making MRI-compatible ventilators indispensable. Furthermore, the aging global population is more susceptible to respiratory illnesses and frequently requires MRI scans for diagnostic purposes, further driving the demand for specialized ventilatory support systems that are safe and effective in high-magnetic-field environments.
Another significant growth driver is the technological innovation that has enhanced the safety, portability, and versatility of MRI-compatible ventilators. Manufacturers are focusing on developing devices with advanced features such as non-magnetic components, improved battery life, and user-friendly interfaces to ensure seamless integration within the MRI suite. The introduction of portable and transport MRI-compatible ventilators has enabled clinicians to provide continuous respiratory support to critically ill patients during intra-hospital transfers and imaging procedures. Additionally, regulatory approvals and standardization efforts have accelerated the adoption of these devices in both developed and emerging markets, fostering a competitive landscape that encourages further research and development.
Healthcare infrastructure modernization, especially in emerging economies, has also contributed significantly to market expansion. Governments and private healthcare providers are investing in advanced diagnostic equipment and supporting technologies to improve patient outcomes. The integration of MRI-compatible ventilators within hospitals, imaging centers, and ambulatory surgical centers ensures that patients requiring ventilatory support are not excluded from essential imaging procedures. Moreover, the increased emphasis on patient safety and infection control, particularly in the wake of the COVID-19 pandemic, has underscored the importance of having dedicated MRI-compatible life-support systems, further stimulating market growth.
From a regional perspective, North America continues to dominate the MRI-Compatible Ventilators market, accounting for the largest revenue share in 2024. This leadership is underpinned by the presence of advanced healthcare infrastructure, high adoption rates of MRI procedures, and a strong focus on patient safety. Europe follows closely, with significant investments in medical technology and a growing geriatric population. The Asia Pacific region is anticipated to witness the fastest CAGR through 2033, fueled by expanding healthcare access, increasing healthcare expenditure, and a growing burden of respiratory diseases. Latin America and the Middle East & Africa are also demonstrating steady market growth, supported by gradual improvements in healthcare delivery and rising awareness regarding the benefits of MRI-compatible medical devices.
The Product Type segment of the MRI-Comp
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The Australian computed tomography (CT) market, while lacking precise figures in the provided data, exhibits robust growth mirroring global trends. Considering the global CAGR of 6.40% and Australia's advanced healthcare infrastructure and relatively high per capita income, a conservative estimate for the Australian CT market size in 2025 would be in the range of $150 million to $200 million AUD. This figure accounts for the increasing prevalence of chronic diseases necessitating diagnostic imaging, technological advancements leading to higher resolution and faster scans, and the growing adoption of CT scans in various applications including oncology, cardiology, and neurology. The market is segmented by type (low, medium, high slice CT scanners), application (oncology, neurology, cardiovascular, musculoskeletal, other), and end-user (hospitals, diagnostic centers). Hospitals are expected to remain the dominant end-user segment. Key growth drivers include government initiatives to improve healthcare infrastructure, rising incidence of cancer and cardiovascular diseases, and the increasing preference for minimally invasive diagnostic procedures. However, the market faces restraints such as high equipment costs, stringent regulatory approvals, and the potential for skilled radiologist shortages. The ongoing technological advancements in CT technology, including multi-slice CT and advanced image processing techniques, are expected to drive future growth, creating opportunities for leading vendors like Siemens Healthineers, GE Healthcare, and Philips. Competitive dynamics are shaped by continuous innovation in image quality, speed, and radiation dose reduction, as well as the pricing strategies of various vendors. The forecast period (2025-2033) anticipates sustained expansion in the Australian CT market, primarily driven by an aging population requiring more frequent scans, an increase in the prevalence of chronic diseases, and the adoption of advanced CT scanning techniques. Considering a potential CAGR similar to the global average, the Australian market could exceed $300 million AUD by 2033. However, this projection necessitates monitoring factors like government healthcare policies, technological disruptions, and overall economic conditions. The market is likely to see increased competition from both established players and emerging technology providers striving for market share. This necessitates focused strategies for vendors emphasizing innovation, cost-effectiveness, and excellent service to maintain their market position. Recent developments include: In May 2023, the mobile radiography clinic, after four years, reached the Heart of Australia truck, which was launched in February 2022. The truck took the Philips' 128-slice Incisive CT Pro scanner to screen the lungs of Australian minors., In April 2022, the Mobile health clinic service in Australia received a funding commitment of USD 17.2 million from the Federal Government. The funding will provide services spanning cardiology, endocrinology, sleep medicine, geriatric medicine, immunology, neurology, and CT and X-ray imaging.. Key drivers for this market are: Increasing Prevalence of Chronic Diseases and Rising Geriatric Population, Technological Advancement and Investment in Healthcare Facilities. Potential restraints include: Increasing Prevalence of Chronic Diseases and Rising Geriatric Population, Technological Advancement and Investment in Healthcare Facilities. Notable trends are: Hospitals Segment is Expected to Hold a Significant Market Share Over the Forecast Period.
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TwitterAmong member countries of the Organization of Economic Co-operation and Development (OECD), Japan has the highest density of magnetic resonance imaging (MRI) units. Almost 60 such units are available per every million of its population. Greece and South Korea both follow with rates of around 39 per million inhabitants. Compared to these countries, Mexico had around three MRI units per every million. The density of diagnostic imaging units can be one measurement to define the quality of a country’s health care infrastructure. Why and when MRI is usedThe invention of MRI scanners revolutionized diagnostic imaging as it doesn’t use radiation, but a magnetic field and radio waves. Since ionized radiation as used in CT-scans and X-rays is potentially harmful for the patient, this includes a significant advantage for MRIs. MRI scans are principally used for imaging organs, soft tissues, ligaments, and other parts of the body which are difficult to see. While on the other hand, computer tomography (CT) scanners are more frequently used to show bony structures. Among the global top manufacturers of MRI scanners are General Electric, Siemens, Hitachi, and Philips. The costs of MRIA single scan per MRI could cost up to 4,000 U.S. dollars, and thus double the cost of a scan with CT. The purchase of an MRI scanner could be a major investment for a practice or a hospital, with prices ranging from 150 thousand dollars up to several million dollars. Of course, there are installation and maintenance costs to be taken into account as well. With nearly 40 million MRI scans performed annually in the United States, it’s clear that diagnostic imaging costs are substantial.