Spain Magnetic Resonance Imaging Coils Market Size & Outlook
Spain magnetic resonance imaging coils market, 2018-2030 (US$M)
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Spain magnetic resonance imaging coils market highlights
- The Spain magnetic resonance imaging coils market generated a revenue of USD 145.7 million in 2023 and is expected to reach USD 260.5 million by 2030.
- The Spain market is expected to grow at a CAGR of 8.7% 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 145.7 million |
| Market revenue in 2030 | USD 260.5 million |
| Growth rate | 8.7% (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, Spain accounted for 1.7% 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 Europe, Germany magnetic resonance imaging coils market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 911.9 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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Spain 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 59.92% in 2023. Horizon Databook has segmented the Spain magnetic resonance imaging coils market based on radiofrequency coil, gradient coil covering the revenue growth of each sub-segment from 2018 to 2030.
Increase in incidence of cardiovascular diseases, rise in healthcare expenditure, and growth in awareness about early diagnosis & treatment are factors expected to propel market growth. Variability in survival rates reflects the quality and availability of treatment and diagnostic services across Spain.
The increasing use of MRI scans in routine primary care in Spain is expected to boost the country’s MRI coils market. The increasing adoption of MRI coils in primary care can be attributed to their affordability, portability, safety, and ease of use.
Furthermore, organizations such as the Spanish Federation of Societies for Ultrasound in Medicine and Biology and the European Society of Radiology are providing comprehensive training programs & educational tools to doctors for the use of various imaging devices, which has further propelled their adoption.
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Horizon Databook provides a detailed overview of country-level data and insights on the Spain magnetic resonance imaging coils market , including forecasts for subscribers. This country databook contains high-level insights into Spain magnetic resonance imaging coils market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Spain magnetic resonance imaging coils market size, by type, 2018-2030 (US$M)
Spain Magnetic Resonance Imaging Coils Market Outlook Share, 2023 & 2030 (US$M)
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