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MRI Systems Market in India to Grow at 11% CAGR

by Colleen Fleiss on Mar 23 2024 5:09 AM
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India's magnetic resonance imaging (MRI) systems market is anticipated to achieve an 11% compound annual growth rate (CAGR) until 2033.

MRI Systems Market in India to Grow at 11% CAGR
India’s MRI systems are pivotal in tackling the nation’s disease burden, facilitating early diagnosis, disease monitoring, and treatment planning across various medical conditions (1 Trusted Source
Asia-Pacific Magnetic Resonance Imaging Devices Market

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).

What is Magnetic Resonance Imaging

MRI (Magnetic Resonance Imaging) is a non-invasive medical imaging technique that uses strong magnetic fields and radio waves to generate detailed images of the body’s internal structures, aiding in diagnosis and planning treatment for various medical conditions. In 2023, India accounted for approximately 22% of the Asia-Pacific MRI systems market. Fujifilm India Pvt Ltd recently introduced the Echelon Synergy MRI machine, boasting flexible positioning, low energy consumption, and rapid exam times, resulting in reduced total ownership costs.
Shreya Jain, Medical Devices Analyst at GlobalData, highlights challenges which hindering widespread MRI access in India, including high costs, maintenance issues, and the need for specialized expertise, particularly in rural areas. However, advancements in radiology, such as AI integration, offer promising solutions.

Fujifilm’s Echelon Synergy utilizes AI-driven deep learning reconstruction to reduce noise while maintaining image quality, resulting in a 50% scan time reduction compared to previous generations.

Jain emphasizes that future MRI developments in India, including portable and cost-effective solutions, along with AI integration for image analysis, hold promise for enhancing accessibility and diagnostic precision, particularly in remote areas.

Reference:
  1. Asia-Pacific Magnetic Resonance Imaging Devices Market - (https://www.databridgemarketresearch.com/reports/asia-pacific-magnetic-resonance-imaging-devices-market)
Source-Medindia


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