India Mri Ferromagnetic Detection System Market Size & Outlook

The mri ferromagnetic detection system market in India is expected to reach a projected revenue of US$ 70.6 million by 2030. A compound annual growth rate of 17.5% is expected of India mri ferromagnetic detection system market from 2024 to 2030.
Revenue, 2023 (US$M)
$22.8
Forecast, 2030 (US$M)
$70.6
CAGR, 2024 - 2030
17.5%
Report Coverage
India

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

India

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India mri ferromagnetic detection system market highlights

  • The India mri ferromagnetic detection system market generated a revenue of USD 22.8 million in 2023 and is expected to reach USD 70.6 million by 2030.
  • The India market is expected to grow at a CAGR of 17.5% 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.


Mri ferromagnetic detection system market data book summary

Market revenue in 2023USD 22.8 million
Market revenue in 2030USD 70.6 million
Growth rate17.5% (CAGR from 2023 to 2030)
Largest segmentStationary
Fastest growing segmentPortable
Historical data2018 - 2022
Base year2023
Forecast period2024 - 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, India accounted for 4.6% of the global mri ferromagnetic detection system market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Asia Pacific, Japan mri ferromagnetic detection system 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 70.6 million by 2030.

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

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

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

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