The number of Magnetic Resonance Imaging (MRI) units in hospitals in South Korea exhibited a consistent rise from 2013 through 2023. Starting at 1.03 thousand units in 2013, the count reached 1.63 thousand by 2023. Year-on-year growth varied, peaking at 6.81% in 2020 and showing slower growth in recent years, at 3.75% in 2023. The Compound Annual Growth Rate (CAGR) over the last five years (2018-2023) leveled at 4.46%, indicating steady expansion in MRI unit availability.
Looking ahead to 2028, the forecast suggests a slightly decelerating growth trend, with a 5-year forecasted CAGR of 2.57% and total growth of 13.53% from 2024 to 2028. This implies a projected total of 1.92 thousand units by 2028.
Future trends to watch include:
- Technological advancements in MRI, potentially leading to increased unit efficiency and demand.
- Healthcare policy changes impacting hospital investment in diagnostic equipment.
- Shifts in healthcare utilization patterns, possibly driven by demographic trends.
