Forecast: Density of Magnetic Resonance Imaging Units in Canada

Based on the forecasted data, the density of MRI units in Canada is projected to steadily increase from 11.15 units per million persons in 2024 to 11.89 units per million persons in 2028. This represents an average annual growth rate (CAGR) of approximately 1.6% over this five-year period. Notably, the year-on-year percentage variations indicate consistent growth of around 1.7% each year.

As of 2023, the density of MRI units stood lower than 11.15 units per million persons, marking a positive trend in healthcare infrastructure improvements in the coming years. Key trends to monitor moving forward include advancements in MRI technology, policy changes affecting healthcare funding, and the potential impact of demographic shifts on MRI demand.

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