Europe Mri Ferromagnetic Detection System Market Size & Outlook

The mri ferromagnetic detection system market in Europe is expected to reach a projected revenue of US$ 293.6 million by 2030. A compound annual growth rate of 14.5% is expected of Europe mri ferromagnetic detection system market from 2024 to 2030.
Revenue, 2023 (US$M)
$114.0
Forecast, 2030 (US$M)
$293.6
CAGR, 2024 - 2030
14.5%
Report Coverage
Europe

Europe mri ferromagnetic detection system market, 2018-2030 (US$M)

Europe

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Europe mri ferromagnetic detection system market highlights

  • The Europe mri ferromagnetic detection system market generated a revenue of USD 114.0 million in 2023.
  • The market is expected to grow at a CAGR of 14.5% from 2024 to 2030.
  • In terms of segment, stationary was the largest revenue generating type in 2023.
  • Portable is the most lucrative type segment registering the fastest growth during the forecast period.
  • Country-wise, Sweden is expected to register the highest CAGR from 2024 to 2030.


Europe data book summary

Market revenue in 2023USD 114.0 million
Market revenue in 2030USD 293.6 million
Growth rate14.5% (CAGR from 2023 to 2030)
Largest segmentStationary
Fastest growing segmentPortable
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationStationary, Portable
Key market players worldwideFujidenolo, ETS-Lindgren, Fitel Telecomunicazioni, CEIA, Tactical Solutions, Metrasens, Bio-X, Kopp Development


Other key industry trends

  • In terms of revenue, Europe region accounted for 23.2% of the global mri ferromagnetic detection system market in 2023.
  • Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 414.4 million by 2030.

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Europe mri ferromagnetic detection system market size, by country, 2018-2030 (US$M)

Europe MRI Ferromagnetic Detection System Market Outlook Share, 2023 & 2030 (US$M)

Europe mri ferromagnetic detection system market size, by country, 2018-2030 (US$M)

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