Japan Magnetic Resonance Imaging Coils Market Size & Outlook
Japan magnetic resonance imaging coils market, 2018-2030 (US$M)
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Japan magnetic resonance imaging coils market highlights
- The Japan magnetic resonance imaging coils market generated a revenue of USD 341.1 million in 2023 and is expected to reach USD 640.5 million by 2030.
- The Japan market is expected to grow at a CAGR of 9.4% 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 341.1 million |
| Market revenue in 2030 | USD 640.5 million |
| Growth rate | 9.4% (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, Japan accounted for 3.9% 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 Asia Pacific, China magnetic resonance imaging coils market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 549.3 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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Japan 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 Japan magnetic resonance imaging coils market based on radiofrequency coil, gradient coil covering the revenue growth of each sub-segment from 2018 to 2030.
Japan is an OECD country, as well as a key member of the Asia Pacific trade bloc. Increasing government initiatives with respect to technological advancements and balancing the effective regulatory compliance requirement are factors expected to boost market growth in the country.
Among member countries of the Organization of Economic Co-operation and Development (OECD), Japan has the highest density of magnetic resonance imaging (MRI) units. According to OECD, Japan has 57.4 MRI units installed per a million inhabitants in 2020. Moreover, favorable healthcare facilities in Japan are one of the major driving factors of the MRI coils market in this country.
The Japanese healthcare system ensures that every Japanese citizen is entitled to care. Furthermore, as a result of such policies, the authorities are also upgrading equipment & advanced care in every part of the country.
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Horizon Databook provides a detailed overview of country-level data and insights on the Japan magnetic resonance imaging coils market , including forecasts for subscribers. This country databook contains high-level insights into Japan magnetic resonance imaging coils market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Japan magnetic resonance imaging coils market size, by type, 2018-2030 (US$M)
Japan Magnetic Resonance Imaging Coils Market Outlook Share, 2023 & 2030 (US$M)
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