The India Magnetic Resonance Imaging Market size is estimated at USD 308.03 million in 2024, and is expected to reach USD 414.35 million by 2029, growing at a CAGR of 6.11% during the forecast period (2024-2029).
The Indian magnetic resonance imaging market is highly competitive and consists of several major players. In terms of market share, a few of the major players currently dominate the market. However, with technological advancements and quality service provisions, mid-size to smaller companies are increasing their market presence by introducing new products at lower prices. Companies like Siemens Healthineers, GE Healthcare, Canon Medical Systems, and Philips Healthcare hold a significant market share in the magnetic resonance imaging market.
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