Asia Pacific MRI System Market

The Asia Pacific MRI system market is projected to grow from USD 3.3 billion in 2025 to USD 4.9 billion by 2031, at a CAGR of 7.9% during this period. The rise in neurological disorders, as well as musculoskeletal disorders, in conjunction with a burgeoning patient population suffering from aging ailments, which are increasingly prevalent in the APAC region, will have a significant influence on driving the MRI procedure volume. Various countries in the APAC region are reporting a rise in spending after restraining the proportion of GDP spent in the region, which augurs favorably for the uptake of MRI system equipment. Various regulatory efforts that foster technological advancements, in conjunction with the improvement of the reimbursement scenario, have a significant influence on driving the MRI system market in the region.

The increasing applications used in MRI technologies, including their expansion beyond conventional clinical settings such as radiology departments to other clinical settings such as intensive care units or departments dedicated to handling cases caused by trauma, are improving the level of penetration in the region. This increasing demand for the extended applications used in MRI technologies in the Asia Pacific region is expected to significantly increase the adoption level of MRI technologies.

To know about the assumptions considered for the study download the pdf brochure

The competitive landscape for the Asia Pacific MRI system market is composed of some strong multinational players that acquire a major share of the market, while at the same time, some of the SME's and regional players hold a measurable position in the market. Major players that operate in the Asia Pacific MRI system market are FUJIFILM Corporation (Japan), Canon Inc. (Japan), Shanghai United Imaging Healthcare Co., Ltd (China), Siemens Healthineers (Germany), GE Healthcare (US), Philips Healthcare (Netherlands), and Time Medical Holding (Hong Kong).

FUJIFILM Corporation (Japan) operates within the Asian region as it provides Healthcare Solutions within the Asia Pacific MRI system market, where the organization’s medical imaging product portfolio comprises compact and high-field MRI systems. Fujifilm’s product portfolio of MRI Systems finds immense use within the Asian region due to the diversity of its product portfolio and the organization’s focus on improving healthcare services within the Asian region. Fujifilm's regional presence is evident within Japan, China, India, and the SE Asian region, where the organization provides healthcare services with the goal of improving access to healthcare services within the Asian region. Therefore, the established presence of Fujifilm within the Asian region provides the organization with a strong position in the Asia Pacific MRI system market.

Canon Inc. (Japan) has a solid presence in the Asia Pacific MRI system industry under the Medical Systems segment of Canon Group, which provides a range of low-, mid-, and high-field strength MRI systems particularly targeted at hospital and diagnostic imaging center usage to support hospital and imaging center clients in meeting their clinical imaging requirements using very reliable Canon MRI systems that can support a range of imaging protocols in delivering efficient patient care to a wider patient population in healthcare institutions. Canon’s reputation in making high-caliber products has helped anchor Canon in a robust position in delivering reliable solutions in the Asia Pacific industry of MRI systems.

Shanghai United Imaging Healthcare Co., Ltd (China)

Shanghai UIH is an emerging medical imaging organization and one of the significant players in the Asia-Pacific MRI system markets. The corporate headquarters of Shanghai UIH is located in Shanghai and was established in 2011. The organization is involved in the development and sale of an extensive array of cutting-edge MRI systems and other diagnostic imaging and radiotherapy equipment. The focus has been on expanding the markets and presence of UIH in the major markets of Japan, Korea, India, and Southeast Asia. UIH has thereby improved and enhanced its penetration level of high-end MRI products in the Asia-Pacific MRI system markets. The focus of UIH on innovation and expansion is a significant aspect of establishing a strong position in the Asia Pacific MRI system market.

Market Ranking:

The Asia Pacific MRI system market is moderately consolidated, with a limited group of global vendors capturing a significant share of revenues through broad instrument portfolios and entrenched installed bases. FUJIFILM Corporation (Japan), Canon Inc. (Japan), and Shanghai United Imaging Healthcare Co., Ltd (China) continue to capture a substantial share of revenues in the Asia Pacific MRI system market, supported by their broad imaging portfolios and well-established installed bases across the region. These companies are experiencing strong growth in APAC due to increasing demand for advanced diagnostic imaging, rising healthcare investments, and rapid hospital infrastructure development in key countries such as China, India, Japan, and South Korea. Their continued focus on R&D, strategic partnerships, and the introduction of cost-efficient, high-productivity MRI systems specifically designed for emerging markets further strengthens their competitive position. Additionally, their extensive distribution networks and robust after-sales service capabilities enable deeper market penetration, helping drive sustained adoption and market expansion throughout the Asia Pacific region.

Related Reports:

Asia Pacific MRI System Market by Component (Magnet, RF coil, Cooling System, Shim System), Field Strength (1.5T, 3T, 7T), Application (Brain, Spine & MSK, Vascular, Breast, Pediatric, Pelvic, Cardiac), Installed Base & Replacement Rate - Forecast to 2031

Contact:
Mr. Rohan Salgarkar
MarketsandMarkets™ INC.
1615 South Congress Ave.
Suite 103, Delray Beach, FL 33445
USA : 1-888-600-6441
sales@marketsandmarkets.com