Forecast: Magnetic Resonance Imaging Exams in the US

The data on Magnetic Resonance Imaging (MRI) Exams in the US indicates significant variation over the years. From 2013 to 2023, the number of MRI exams per thousand persons rose from 106.9 to 133.4 Units, showcasing an upward trend with occasional declines. Notably, in 2020, the number of exams dropped sharply by 35.34%, likely due to the COVID-19 pandemic, but rebounded in 2021 with a 30.11% increase. The overall Compound Annual Growth Rate (CAGR) from 2018 to 2023 was about 2.26%.

Moving forward, from 2024 to 2028, the projected CAGR is more modest at 1.4%, indicating slower but steady growth with a total forecasted increase of 7.21% by 2028.

Future Trends to Watch For:

  • Technological advancements in MRI techniques improving diagnostic capabilities.
  • Increasing demand for non-invasive diagnostic procedures.
  • Expanding applications of MRI in various medical fields.
  • Potential impacts of healthcare policy changes and insurance coverage on MRI accessibility.
  • Continued monitoring of post-pandemic healthcare utilization trends.

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