Global Mri Ferromagnetic Detection System Market Size & Outlook
The mri ferromagnetic detection system industry worldwide is expected to reach a projected revenue of US$ 1,293.8 million by 2030. A compound annual growth rate of 14.9% is expected of the worldwide mri ferromagnetic detection system industry from 2024 to 2030.
Revenue, 2023 (US$M)
$490.3
Forecast, 2030 (US$M)
$1,293.8
CAGR, 2024 - 2030
14.9%
Report Coverage
Worldwide
Global mri ferromagnetic detection system market, 2018-2030 (US$M)
Related Markets
Global mri ferromagnetic detection system market highlights
- The global mri ferromagnetic detection system market generated a revenue of USD 490.3 million in 2023 and is expected to reach USD 1,293.8 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 14.9% by 2030.
- In terms of segment, stationary accounted for a revenue of USD 321.2 million in 2023.
- Portable is the most lucrative type segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, Kuwait is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 490.3 million |
| Market revenue in 2030 | USD 1,293.8 million |
| Growth rate | 14.9% (CAGR from 2023 to 2030) |
| Largest segment | Stationary |
| Fastest growing segment | Portable |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Stationary, Portable |
Other key industry trends
- In terms of revenue, the North America accounted for 33.7% of the global mri ferromagnetic detection system market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Kuwait is the fastest growing regional market and is projected to reach USD 2.3 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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Global mri ferromagnetic detection system market size, by regions, 2018-2030 (US$M)
Top 10 countries: Mri ferromagnetic detection system market size, 2023 (US$M)
Global mri ferromagnetic detection system market share, by type, 2023 & 2030 (%, US$M)
Mri ferromagnetic detection system market: Opportunity assessment by country
Global mri ferromagnetic detection system market, by region, 2023 (US$M)
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