South Korea MRI Market Size, Share, Opportunities, And Trends By Type (Closed, Open), By Application (Screening, Diagnosis, Treatment Monitoring, Research), By End-User (Hospitals, Diagnostic Centres, Others), And By Geography – Forecasts From 2025 To 2030
- Published : Apr 2025
- Report Code : KSI061612508
- Pages : 80
The South Korea MRI Market is estimated to attain a market size of US$292.384 million by 2030, growing at a 3.07% CAGR from a valuation of US$251.343 million in 2025, during the forecast period of 2025 to 2030.
The country is witnessing high adoption of 3T MRI systems, AI-powered imaging, and hybrid modalities like PET-MRI, all of which improve diagnostic accuracy and operational efficiency. Moreover, collaboration are happening to boast technological advancement, such as in October 2024 AIRS Medical and HealthCare Konnect formed a partnership which aimed to accelerate access to SwiftMR, an AI-driven MRI acceleration software which uses deep learning to reduce MRI scan times by up to 50% while producing sharper images, allowing radiology centers to scan more patients in less time and ultimately enhancing the overall patient experience.
Market Trends:
- Rise in Chronic Diseases: The increasing prevalence of chronic conditions like diabetes in South Korea is driving demand for advanced diagnostic imaging, such as MRI. Diabetes-related complications, including cardiovascular disease and stroke, necessitate early detection and monitoring through MRI. The International Diabetes Federation reports an 8.6% diabetes prevalence among South Korean adults, with 3,511,800 cases recorded in 2021.
- Seoul's Healthcare Advancements: As South Korea’s capital, Seoul boasts a robust healthcare infrastructure and ongoing advancements in medical technology for improved diagnostics. The city is home to major medical facilities, including Seoul National University Hospital and Seoul Metropolitan Government Medical Center, which offer MRI screening for diagnostic purposes. Additionally, heightened cancer awareness has prompted government initiatives like the “National Lung Cancer Screening Program,” further boosting the demand for MRI screening in Seoul and other major South Korean cities.
Some of the major players covered in this report include Siemens Healthineers AG, Canon Medical Systems Corporation, and Koninklijke Philips N.V., among others.
Key Benefits of this Report:
- Insightful Analysis: Gain detailed market insights covering major as well as emerging geographical regions, focusing on customer segments, government policies and socio-economic factors, consumer preferences, industry verticals, and other sub-segments.
- Competitive Landscape: Understand the strategic maneuvers employed by key players globally to understand possible market penetration with the correct strategy.
- Market Drivers & Future Trends: Explore the dynamic factors and pivotal market trends and how they will shape future market developments.
- Actionable Recommendations: Utilize the insights to exercise strategic decisions to uncover new business streams and revenues in a dynamic environment.
- Caters to a Wide Audience: Beneficial and cost-effective for startups, research institutions, consultants, SMEs, and large enterprises.
What do businesses use our reports for?
Industry and Market Insights, Opportunity Assessment, Product Demand Forecasting, Market Entry Strategy, Geographical Expansion, Capital Investment Decisions, Regulatory Framework & Implications, New Product Development, Competitive Intelligence
Report Coverage:
- Historical data from 2022 to 2024 & forecast data from 2025 to 2030
- Growth Opportunities, Challenges, Supply Chain Outlook, Regulatory Framework, and Trend Analysis
- Competitive Positioning, Strategies, and Market Share Analysis
- Revenue Growth and Forecast Assessment of segments and regions including countries
- Company Profiling (Strategies, Products, Financial Information, and Key Developments among others)
South Korea MRI Market Segmentation:
By Type
- Closed
- Open
By Application
- Screening
- Diagnosis
- Treatment Monitoring
- Research
By End-User
- Hospitals
- Diagnostic Centre
- Others
By Geography
- Seoul
- Incheon
- Busan
- Daegu
- Others
Frequently Asked Questions (FAQs)
The South Korea MRI market is expected to reach a total market size of US$292.384 million by 2030.
South Korea MRI Market is valued at US$251.343 million in 2025.
The South Korea MRI market is expected to grow at a CAGR of 3.07% during the forecast period.
The South Korea MRI market is expected to grow due to an aging population, rising chronic diseases, and AI-driven imaging advancements.
The Seoul Capital Area is anticipated to hold a significant share of the South Korea MRI market.
1. EXECUTIVE SUMMARY
2. MARKET SNAPSHOT
2.1. Market Overview
2.2. Market Definition
2.3. Scope of the Study
2.4. Market Segmentation
3. BUSINESS LANDSCAPE
3.1. Market Drivers
3.2. Market Restraints
3.3. Market Opportunities
3.4. Porter’s Five Forces Analysis
3.5. Industry Value Chain Analysis
3.6. Policies and Regulations
3.7. Strategic Recommendations
4. TECHNOLOGICAL OUTLOOK
5. SOUTH KOREA MRI MARKET BY TYPE
5.1. Introduction
5.2. Closed
5.3. Open
6. SOUTH KOREA MRI MARKET BY APPLICATION
6.1. Introduction
6.2. Screening
6.3. Diagnosis
6.4. Treatment Monitoring
6.5. Research
7. SOUTH KOREA MRI MARKET BY END-USER
7.1. Introduction
7.2. Hospitals
7.3. Diagnostic Centre
7.4. Others
8. SOUTH KOREA MRI MARKET BY GEOGRAPHY
8.1. Introduction
8.2. Seoul
8.3. Incheon
8.4. Busan
8.5. Daegu
8.6. Others
9. COMPETITIVE ENVIRONMENT AND ANALYSIS
9.1. Major Players and Strategy Analysis
9.2. Market Share Analysis
9.3. Mergers, Acquisitions, Agreements, and Collaborations
9.4. Competitive Dashboard
10. COMPANY PROFILES
10.1. Siemens Healthineers AG
10.2. Canon Medical Systems Corporation
10.3. Koninklijke Philips N.V.
10.4. General Electric Company
10.5. FUJIFILM Holdings Corporation
10.6. Esaote SPA
10.7. Shanghai United Imaging Healthcare Co., Ltd.
10.8. Brightonix Imaging
11. APPENDIX
11.1. Currency
11.2. Assumptions
11.3. Base and Forecast Years Timeline
11.4. Key benefits for the stakeholders
11.5. Research Methodology
11.6. Abbreviations
Siemens Healthineers AG
Canon Medical Systems Corporation
Koninklijke Philips N.V.
General Electric Company
FUJIFILM Holdings Corporation
Esaote SPA
Shanghai United Imaging Healthcare Co., Ltd.
Brightonix Imaging
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