Thailand Magnetic Resonance Imaging Coils Market Size & Outlook
Thailand magnetic resonance imaging coils market, 2018-2030 (US$M)
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Thailand magnetic resonance imaging coils market highlights
- The Thailand magnetic resonance imaging coils market generated a revenue of USD 123.1 million in 2023 and is expected to reach USD 227.9 million by 2030.
- The Thailand market is expected to grow at a CAGR of 9.2% 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 123.1 million |
| Market revenue in 2030 | USD 227.9 million |
| Growth rate | 9.2% (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, Thailand accounted for 1.4% 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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Thailand 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 Thailand magnetic resonance imaging coils market based on radiofrequency coil, gradient coil covering the revenue growth of each sub-segment from 2018 to 2030.
Rising healthcare expenditure is expected to accelerate Thailand’s market over the forecast period. Moreover, influx of medical tourists is expected to increase the demand for MRI market. The International Healthcare Research Center’s (IHRC) Medical Tourism Index ranked Thailand sixth in the world for its medical tourism industry and 13th for quality of facilities & services; nearly 25 million medical tourists visited the country in 2016.
In addition, the MRI procedure cost in Thailand is really low and ranges from USD 250 to USD 1,100, and hence, medical tourism is expected to boost Thailand’s MRI coils market. The Ministry of Public Health is responsible for centrally managing healthcare in Thailand.
Through the Universal Coverage Scheme, all Thai people have access to Universal Coverage Scheme (UCS). UCS was first implemented in 2002 and sought to provide healthcare benefits and coverage to all Thai citizens.
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Horizon Databook provides a detailed overview of country-level data and insights on the Thailand magnetic resonance imaging coils market , including forecasts for subscribers. This country databook contains high-level insights into Thailand magnetic resonance imaging coils market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Thailand magnetic resonance imaging coils market size, by type, 2018-2030 (US$M)
Thailand Magnetic Resonance Imaging Coils Market Outlook Share, 2023 & 2030 (US$M)
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