Japan Mri Motion Tracking Systems Market Size & Outlook
Japan mri motion tracking systems market, 2018-2030 (US$M)
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Japan mri motion tracking systems market highlights
- The Japan mri motion tracking systems market generated a revenue of USD 0.1 million in 2023 and is expected to reach USD 0.4 million by 2030.
- The Japan market is expected to grow at a CAGR of 19% from 2024 to 2030.
- In terms of segment, optical tracking system was the largest revenue generating type in 2023.
- Optical Tracking System is the most lucrative type segment registering the fastest growth during the forecast period.
Mri motion tracking systems market data book summary
| Market revenue in 2023 | USD 0.1 million |
| Market revenue in 2030 | USD 0.4 million |
| Growth rate | 19% (CAGR from 2023 to 2030) |
| Largest segment | Optical tracking system |
| Fastest growing segment | Optical Tracking System |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Software, Optical Tracking System |
| Key market players worldwide | TracInnovations, Kineticor, Theia, NewMarket Corp, Metria Innovation, Kinetic Development Group Ltd |
Other key industry trends
- In terms of revenue, Japan accounted for 4.5% of the global mri motion tracking systems market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China mri motion tracking systems 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 0.4 million by 2030.
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MRI Motion Tracking Systems Market Scope
MRI Motion Tracking Systems Market Companies
| Name | Profile | # Employees | HQ | Website |
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Japan mri motion tracking systems 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 mri motion tracking systems market will help companies and investors design strategic landscapes.
Optical tracking system was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Japan mri motion tracking systems market based on software, optical tracking system covering the revenue growth of each sub-segment from 2018 to 2030.
The average cost of MRI scans of the neck region in Japan is around USD 130, whereas it is USD 1,400 in the U.S. Considering such rates, Japan also recorded the most MRI tests per capita globally. Japan is constantly working toward developing cheaper MRI systems to cope with the rising demand for better health services in the country and compete with global standards.
In 2019, the Japanese Pharmaceuticals and Medical Devices Agency provided clearance to iQMR, a 3D iterative image reconstruction technology for shortening MRI scans. This enabled short MRI protocols and enhanced image quality, which increased productivity, reduced repeat scans, and improved patient experience.
This system is also known to reduce MRI scan time by 38% and define acquired MRI neuro scans in 5 minutes. Quicker regulatory approvals to improve the diagnostic capabilities of the country are likely to drive market growth.
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Horizon Databook provides a detailed overview of country-level data and insights on the Japan mri motion tracking systems market , including forecasts for subscribers. This country databook contains high-level insights into Japan mri motion tracking systems market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Japan mri motion tracking systems market size, by type, 2018-2030 (US$M)
Japan MRI Motion Tracking Systems Market Outlook Share, 2023 & 2030 (US$M)
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