India Magnetic Resonance Imaging (MRI) Market to Grow with a CAGR of 5.44% through 2028
Increase in the geriatric population and growing demand for the early detection of orthopedic, cardiovascular, and other conditions are propelling the growth of the magnetic resonance imaging (MRI) systems market in India through 2028. According to TechSci Research report, “ India Magnetic Resonance Imaging (MRI) Market - By Region , Competition, Forecast & Opportunities, 2018-2028 ” , the Indian Magnetic Resonance Imaging (MRI) market stood at USD 231.01 Million in 2022 and is expected to grow at a steady CAGR of 5.44% during the forecast period. The increasing prevalence of chronic diseases, rise in abdominal problems, rising demand from hospitals & imaging centers, and a high number of government’s initiatives like Production Linked Incentive (PLI) scheme are some of the factors that are regarded as driving factors for India Magnetic Resonance Imaging (MRI) market during the forecast period. Doctors have more scanning options with 3.0T Magnetic ...