Key Findings
The Australia & New Zealand magnetic resonance imaging (MRI) systems market is expected to project a CAGR of 6.95% during the forecast period, 2021-2026. The major growth drivers are the surging awareness for the early diagnosis of diseases and the increasing number of diagnostic imaging procedures.

Market Insights
In Australia, MRI is the only modality of diagnostic imaging that operates under a licensing system. Despite the obligations for the eligibility of an MRI scan, innovations are on the rise. For instance, The University of Queensland’s Centre for Advanced Imaging (CAI) collaborated with IntelliDesign in July 2020 for developing a portable bedside low field MRI.
In New Zealand, several organizations are aiming to develop MRI systems. For example, the Centre for Advanced Magnetic Resonance Imaging (CAMRI) at The University of Auckland, the first of its kind in the country, focuses on sophisticated research work and route clinical imaging.
Moreover, there are growing incidences of musculoskeletal disorders in the Australian population. MRI is well-suited for the medical evaluation of the MSK (musculoskeletal system), including elbow, wrist, ankle, shoulder, and knee. In addition, it can non-invasively project high-resolution anatomy images. As a result, MRI is considered the primary imaging technology for determining failure in soft tissues like tendons, ligaments, and meniscal tears. Such factors boost the market growth.

Competitive Insights
Some of the leading market players include Philips Healthcare, SRG Radiology, GE Healthcare, Midland MRI, Voyager Imaging, etc.
Our report offerings include:

  • Explore key findings of the overall market
  • Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
  • Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
  • Market Segmentation cater to a thorough assessment of key segments with their market estimations
  • Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
  • Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
  • Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
  • Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments