- Magnetic resonance imaging (MRI) devices are essential diagnostic tools used to capture high-resolution images of the internal structures of the body, including the brain, spinal cord, muscles, and joints. They are critical for detecting a variety of conditions such as neurological disorders, cardiovascular diseases, and cancers
- The demand for MRI devices in the Asia-Pacific region is significantly driven by the rising prevalence of chronic diseases, an aging population, and increasing healthcare investments. In addition, advancements in MRI technology, such as the development of higher-field MRI systems and portable MRI devices, are further contributing to the market's growth
- China is expected to dominate the Asia-Pacific magnetic resonance imaging devices market with 19.98% of the market share in 2024, driven by a combination of factors, including a high prevalence of chronic diseases such as cancer and cardiovascular conditions, which affect hundreds of millions of people across the country
- India is expected to be the fastest growing region with CAGR of 11.91% in the Asia-Pacific magnetic resonance imaging devices market, driven by the rapid expansion of healthcare infrastructure, increasing awareness about early disease diagnosis, and a growing number of MRI procedures. The country’s large and aging population, coupled with the rising burden of chronic illnesses, is boosting the demand for advanced diagnostic technologies such as MRI
- The closed MRI systems segment is expected to dominate the Asia-Pacific magnetic resonance imaging devices market with the largest share of over 75.57% in 2024 due to its ability to deliver stronger magnetic fields and higher-resolution imaging. As the preferred choice for detailed diagnostics, the enclosed design of closed MRI systems enhances image quality and diagnostic accuracy, driving their widespread adoption
