South Africa Mri Ferromagnetic Detection System Market Size & Outlook
The mri ferromagnetic detection system market in South Africa is expected to reach a projected revenue of US$ 12.0 million by 2030. A compound annual growth rate of 15.7% is expected of South Africa mri ferromagnetic detection system market from 2024 to 2030.
Revenue, 2023 (US$M)
$4.3
Forecast, 2030 (US$M)
$12.0
CAGR, 2024 - 2030
15.8%
Report Coverage
South Africa
South Africa mri ferromagnetic detection system market, 2018-2030 (US$M)
Related Markets
South Africa mri ferromagnetic detection system market highlights
- The South Africa mri ferromagnetic detection system market generated a revenue of USD 4.3 million in 2023 and is expected to reach USD 12.0 million by 2030.
- The South Africa market is expected to grow at a CAGR of 15.7% 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 2023 | USD 4.3 million |
| Market revenue in 2030 | USD 12.0 million |
| Growth rate | 15.7% (CAGR from 2023 to 2030) |
| Largest segment | Stationary |
| Fastest growing segment | Portable |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Stationary, Portable |
| Key market players worldwide | Fujidenolo, ETS-Lindgren, Fitel Telecomunicazioni, CEIA, Tactical Solutions, Metrasens, Bio-X, Kopp Development |
Other key industry trends
- In terms of revenue, South Africa accounted for 0.9% 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 Middle East & Africa, South Africa mri ferromagnetic detection system market is projected to lead the regional market in terms of revenue in 2030.
- South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 12.0 million by 2030.
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MRI Ferromagnetic Detection System Market Scope
Mri ferromagnetic detection system market segmentation & scope
MRI Ferromagnetic Detection System Market Companies
| Name | Profile | # Employees | HQ | Website |
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South Africa mri ferromagnetic detection system market size, by type, 2018-2030 (US$M)
South Africa MRI Ferromagnetic Detection System Market Outlook Share, 2023 & 2030 (US$M)
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