MRI Coils Market Share

North American Market Forecast

North America MRI coils market share is predicted to cross 32% by 2037. MRI coils are integral parts of MRI machines that detect cancerous tumors in the body. CDC reports that there were 602,350 cancer deaths in the United States in 2020, of which 284,619 were attributed to females and 317,731 to males.

APAC Market Statistics

By the end of 2037, Asia Pacific will have a dominant position in the market, accounting for approximately 29% of the revenue share. Advanced imaging technologies are being adopted by countries in the region as a result of better healthcare systems. As of 2020, Japan had the highest MRI unit density per million people, with 56 MRI units per million. Recent decreases in the cost of MRI scanners have also made them more affordable to a wider range of patients in the region.