The density of magnetic resonance imaging (MRI) exams in hospitals in South Korea has shown significant growth over the past decade. From 2013 to 2023, there was a steady annual increase, with a notable spike in 2018 and 2019. By 2023, the density stood at 76.7 exams per thousand persons. Over the last two years, the year-on-year variation averaged around 5%, reflecting steady growth. The compound annual growth rate (CAGR) for the past five years was 10.48%. Looking forward, the five-year forecast for 2028 indicates a slower but still positive growth rate, with a future 5-year CAGR of 3.43% and an overall growth rate of 18.36%.
Future trends to watch for:
- Technological advancements in MRI equipment may further enhance efficiency and accessibility.
- Expansion of healthcare infrastructure and increasing health awareness could drive additional demand.
- Government policies and investments in healthcare could significantly influence future growth patterns.
