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India Magnetic Resonance Imaging (MRI) Market - Forecasts from 2019 to 2024

  • ID: 4767033
  • Report
  • Region: India
  • 69 pages
  • Knowledge Sourcing Intelligence LLP
until Sep 30th 2019
1 of 3


  • General Electric Company
  • Hitachi, Ltd.
  • Koninklijke Philips N.V.
  • MORE
The India MRI market is projected to grow at a CAGR of 2.61% to reach US$0.197 billion by 2024, from US$0.169 billion in 2018. The MRI market in India is propelling owing to the growing elderly population, and the prevalence of chronic diseases. Furthermore, growing health expenditure is augmenting the market growth during the forecast period. In addition, growing research activities are providing and, in the future also will provide an opportunity for MRI installations for research purposes, emanating the market growth in this country.

This research study examines the current market trends related to the demand, supply, and sales, in addition to the recent developments. Major drivers, restraints, and opportunities have been covered to provide an exhaustive picture of the market. The analysis presents in-depth information regarding the development, trends, and industry policies and regulations being implemented by the relevant agencies. Further, the overall regulatory framework of the market has been exhaustively covered to offer stakeholders a better understanding of the key factors affecting the overall market environment.

Identification of key industry players in the industry and their revenue contribution to the overall business or relevant segment aligned to the study have been covered as a part of competitive intelligence done through extensive secondary research. Various studies and data published by industry associations, analyst reports, investor presentations, press releases and journals among others have been taken into consideration while conducting the secondary research. Both bottom-up and top down approaches have been utilized to determine the market size of the overall market and key segments. The values obtained are correlated with the primary inputs of the key stakeholders in the India MRI value chain. The last step involves complete market engineering which includes analyzing the data from different sources and existing proprietary datasets while using various data triangulation methods for market breakdown and forecasting.

Market intelligence is presented in the form of analysis, charts, and graphics to help the clients in gaining faster and efficient understanding of the India MRI market.

Major industry players profiled as part of the report are General Electric Company, Siemens Healthcare Private Limited, Canon Medical Systems Corporation, Koninklijke Philips N.V., and Hitachi, Ltd.


The India MRI market has been analyzed through following segments:

By Type

By Application
Treatment Monitoring
Note: Product cover images may vary from those shown
2 of 3


  • General Electric Company
  • Hitachi, Ltd.
  • Koninklijke Philips N.V.
  • MORE
1. Introduction
1.1. Market Overview
1.2. Market Definition
1.3. Scope Of The Study
1.4. Currency
1.5. Assumptions
1.6. Base, And Forecast Years Timeline

2. Research Methodology
2.1. Research Design
2.2. Secondary Sources

3. Executive Summary

4. Market Dynamics
4.1. Market Segmentation
4.2. Market Drivers
4.3. Market Restraints
4.4. Market Opportunities
4.5. Porter's Five Force Analysis
4.5.1. Bargaining Power Of Suppliers
4.5.2. Bargaining Power Of Buyers
4.5.3. Threat Of New Entrants
4.5.4. Threat Of Substitutes
4.5.5. Competitive Rivalry In The Industry
4.6. Life Cycle Analysis - Regional Snapshot
4.7. Market Attractiveness

5. India MRI Market By Type
5.1. Closed
5.2. Open

6. India MRI Market By Application
6.1. Screening
6.2. Diagnosis
6.3. Treatment Monitoring
6.4. Research

7. Competitive Intelligence
7.1. Recent Deals And Investment
7.2. Competitive Benchmarking And Analysis
7.3. Strategies Of Key Players

8. Company Profiles
8.1. General Electric Company
8.2. Siemens Healthcare Private Limited
8.3. Canon Medical Systems Corporation
8.4. Koninklijke Philips N.V.
8.5. Hitachi, Ltd.
Note: Product cover images may vary from those shown
3 of 3


4 of 3
  • General Electric Company
  • Siemens Healthcare Private Limited
  • Canon Medical Systems Corporation
  • Koninklijke Philips N.V.
  • Hitachi, Ltd.
Note: Product cover images may vary from those shown