Asia Pacific MRI Market Size, Share, Opportunities And Trends By Type (Closed, Open), And By Application (Screening, Diagnosis, Treatment Monitoring, Research) - Forecasts From 2019 To 2024

Published: Mar 2020 | Report Code:  KSI061612474 | Pages:  117

The Asia Pacific MRI market is projected to grow at a CAGR of 2.12% to reach US$ 3.518 billion by 2024, from US$ 3.101 billion in 2018. The MRI market in the Asia Pacific is propelling owing to an aging population, and the prevalence of chronic diseases. Furthermore, growing health expenditure is augmenting the market growth during the forecast period. In addition, growing research activities in the APAC region will provide an opportunity for market growth during the forecast period and beyond.

This research study examines the current market trends related to the demand, supply, and sales, in addition to the recent developments. Major drivers, restraints, and opportunities have been covered to provide an exhaustive picture of the market. The analysis presents in-depth information regarding the development, trends, and industry policies and regulations implemented in each of the geographical regions. Further, the overall regulatory framework of the market has been exhaustively covered to offer stakeholders a better understanding of the key factors affecting the overall market environment.

Identification of key industry players in the industry and their revenue contribution to the overall business or relevant segment aligned to the study have been covered as a part of competitive intelligence done through extensive secondary research. Various studies and data published by industry associations, analyst reports, investor presentations, press releases and journals among others have been taken into consideration while conducting the secondary research. Both bottom-up and top down approaches have been utilized to determine the market size of the overall market and key segments. The values obtained are correlated with the primary inputs of the key stakeholders in the Asia Pacific MRI value chain. The last step involves complete market engineering which includes analyzing the data from different sources and existing proprietary datasets while using various data triangulation methods for market breakdown and forecasting.

Market intelligence is presented in the form of analysis, charts, and graphics to help the clients in gaining faster and efficient understanding of the Asia Pacific MRI market.

Major industry players profiled as part of the report are General Electric Company, Siemens Healthineers, Canon Medical Systems Asia Pte Ltd, Koninklijke Philips N.V., and Hitachi Medical Systems (S) Pte Ltd among others.


The Asia Pacific MRI market has been analyzed through following segments:

By Type



By Application



Treatment Monitoring


By Country





South Korea


Target audience




Service Providers

Government Agencies

Research Organizations


Key insights offered

What will be the Asia Pacific MRI market size from 2018 to 2024?

How are the major drivers and restraints affecting the Asia Pacific MRI market growth and the opportunities which exist for key vendors?

Which segment and region will drive or lead the market growth and why?

A comprehensive analysis of competitive landscape and key market participants’ behaviour

Key strategies being adopted by vendors, with in-depth analysis along with their impact on competition and market growth.