Canada Magnetic Resonance Imaging Coils Market Size & Outlook
Canada magnetic resonance imaging coils market, 2018-2030 (US$M)
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Canada magnetic resonance imaging coils market highlights
- The Canada magnetic resonance imaging coils market generated a revenue of USD 394.5 million in 2023 and is expected to reach USD 667.3 million by 2030.
- The Canada market is expected to grow at a CAGR of 7.8% from 2024 to 2030.
- In terms of segment, radiofrequency coil was the largest revenue generating type in 2023.
- Radiofrequency Coil is the most lucrative type segment registering the fastest growth during the forecast period.
Magnetic resonance imaging coils market data book summary
| Market revenue in 2023 | USD 394.5 million |
| Market revenue in 2030 | USD 667.3 million |
| Growth rate | 7.8% (CAGR from 2023 to 2030) |
| Largest segment | Radiofrequency coil |
| Fastest growing segment | Radiofrequency Coil |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Radiofrequency Coil, Gradient Coil |
| Key market players worldwide | GE HealthCare Technologies Inc Common Stock, Koninklijke Philips NV, Siemens Healthineers AG ADR, Canon Inc, Esaote, Bruker Corp |
Other key industry trends
- In terms of revenue, Canada accounted for 4.5% of the global magnetic resonance imaging coils market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. magnetic resonance imaging coils market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 3,683.5 million by 2030.
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Magnetic Resonance Imaging Coils Market Scope
Magnetic Resonance Imaging Coils Market Companies
| Name | Profile | # Employees | HQ | Website |
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Canada magnetic resonance imaging coils market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to magnetic resonance imaging coils market will help companies and investors design strategic landscapes.
Radiofrequency coil was the largest segment with a revenue share of 59.95% in 2023. Horizon Databook has segmented the Canada magnetic resonance imaging coils market based on radiofrequency coil, gradient coil covering the revenue growth of each sub-segment from 2018 to 2030.
Canada’s MRI coils market is anticipated to grow at 9.1% over the forecast period. This can be attributed to developed infrastructure, rise in the number of healthcare centers, and launch of new products.
Furthermore, Canadian Medicare is designed to ensure that all residents have easy access to physicians and hospital services, which is expected to boost the adoption of medical services, such as early disease diagnosis, including MRI scans.
On average, around 78 women get diagnosed with breast cancer, and almost 15 women die due to it every day. In addition, 270 men are expected to be diagnosed with breast cancer, and 55 deaths are estimated this year.
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada magnetic resonance imaging coils market , including forecasts for subscribers. This country databook contains high-level insights into Canada magnetic resonance imaging coils market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada magnetic resonance imaging coils market size, by type, 2018-2030 (US$M)
Canada Magnetic Resonance Imaging Coils Market Outlook Share, 2023 & 2030 (US$M)
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