The density of Magnetic Resonance Imaging (MRI) units in South Korean hospitals has shown a consistent upward trend from 2013 to 2023 with a value of 31.6 units per million persons standing in 2023. The year-over-year variation has fluctuated, showing significant growth in 2016 (6.09%), 2019 (5.89%), and 2020 (6.64%), while there were lower variations post-2020. The last two years experienced modest increases of 2.94% in 2022 and 3.67% in 2023. Over the last five years, the Compound Annual Growth Rate (CAGR) was 4.41%, indicating a healthy increase, albeit at a slower pace compared to earlier years.
- 2013: 20.4 units, 5.48% YoY, 7.32% CAGR
- 2014: 21.34 units, 4.61% YoY, 6.73% CAGR
- 2015: 22.01 units, 3.14% YoY, 6.02% CAGR
- 2016: 23.35 units, 6.09% YoY, 6.01% CAGR
- 2017: 24.61 units, 5.4% YoY, 4.94% CAGR
- 2018: 25.47 units, 3.49% YoY, 4.54% CAGR
- 2019: 26.97 units, 5.89% YoY, 4.79% CAGR
- 2020: 28.76 units, 6.64% YoY, 5.5% CAGR
- 2021: 29.61 units, 2.96% YoY, 4.86% CAGR
- 2022: 30.48 units, 2.94% YoY, 4.37% CAGR
- 2023: 31.6 units, 3.67% YoY, 4.41% CAGR
Future trends indicate slower growth, with a projected 2.57% CAGR over the next five years, reaching 37.14 units by 2028. The forecasted five-year growth rate stands at 13.51%. Given the steady historical increase, we may anticipate technological advancements, policy changes, and healthcare demands to continue driving gradual expansion in the density of MRI units in South Korea.
