Press Release

Malaysia MRI Market to Grow with a CAGR of 7.03% through 2030

Prevalence of internal diseases such as congestive heart failure and rising geriatric population is expected to drive the Malaysia MRI market in the forecast period, 2026-2030.


According to TechSci Research report, “Malaysia MRI Market– By Region, Competition, Forecast and Opportunities, 2030F”, the Malaysia MRI market stood at USD 28.14 million in 2024 and is anticipated to grow with a CAGR of 7.03% in the forecast period through 2030. The MRI market in Malaysia is witnessing significant growth because of the rising cases of chronic disorder in the country. Older adults are more likely to develop chronic diseases, which can typically be managed but not cured. Cancer, heart disease, stroke, diabetes, and arthritis are the most prevalent chronic disease categories. Chronic diseases are long-term health conditions that often progress slowly over time and may be accompanied by complex symptoms. According to National Library of Medicine, in Malaysia, hypertension was the most prevalent chronic condition (7.9%, 7.6 to 8.2), followed by diabetes mellitus (4.0%, 3.8 to 4.2) in 2019. MRI, on the other hand, offers several advantages over other imaging techniques. For one, it can produce highly detailed, three-dimensional images of internal structures, including soft tissues and organs. This allows physicians to identify abnormalities that may be difficult or impossible to see with other imaging techniques leading to the expansion of the Malaysia MRI market. MRI is particularly effective in identifying the presence and extent of tumors in the brain, breast, prostate, and many other organs. By using contrast agents, physicians can enhance the images to better visualize the blood vessels and tissue characteristics of the tumor, which can help in determining the best treatment plan. MRI is also useful in diagnosing neurological disorders such as multiple sclerosis, Alzheimer's disease and Parkinson's disease. These conditions often involve subtle changes in the brain and nervous system that may be difficult to detect with other imaging techniques. With MRI, however, physicians can identify these changes and monitor their progression over time which is likely to fuel the market over the forecast period.


Browse over XX market data Figures spread through XX Pages and an in-depth TOC on Malaysia MRI Imaging System Market


The Malaysia MRI market is segmented into field strength, type, architecture, application, end user, source, product, and company.


Based on Architecture, Open MRI systems are experiencing the fastest growth among architectural categories. While closed MRI systems currently dominate in terms of market share due to their high-field strength and superior image quality, open MRI systems are rapidly gaining traction. This surge is primarily driven by their patient-friendly design, which addresses common issues associated with traditional MRI scans, such as claustrophobia and discomfort. Open MRI systems feature a more spacious and less confining structure, making them particularly suitable for pediatric, geriatric, and obese patients, as well as those with anxiety disorders. This design enhancement leads to improved patient compliance and comfort during scans.

Based on Region, East Malaysia is experiencing significant growth, albeit from a lower base compared to West Malaysia. This surge is primarily driven by concerted efforts to enhance healthcare infrastructure and accessibility in the region.​ Historically, East Malaysia has faced challenges such as limited access to advanced medical facilities and a shortage of specialized healthcare professionals. Recognizing these disparities, the Malaysian government has initiated various programs aimed at bridging the healthcare gap between East and West Malaysia. Investments have been channeled into building new hospitals, upgrading existing facilities, and deploying mobile diagnostic units equipped with MRI capabilities to serve remote and underserved communities. These initiatives are part of a broader strategy to decentralize healthcare services and ensure equitable access across the nation.


Major companies operating in Malaysia MRI market are:

  • Siemens Healthcare Sdn. Bhd.
  • FUJIFILM Malaysia Sdn. Bhd.
  • Philips Malaysia Sdn Bhd
  • GE HealthCare
  • SIA ARBOR MEDICAL
  • CANON MEDICAL SYSTEMS MALAYSIA SDN. BHD.
  • Shimadzu Malaysia Sdn. Bhd.
  • Best Contact (M) Sdn Bhd.
  • TransAid Solutions Sdn Bhd
  • I-MEDIC IMAGING SDN. BHD


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“Malaysia MRI market is expected to witness a significant growth in the upcoming years, due to the growing awareness about early diagnosing and prevalence of chronic diseases in aged population in the nation. The increasing technological advancements in imaging systems and increasing private and government investments and collaborations will drive a notable market segment in Malaysia, in turn, strengthening the growth of the market through 2030” said Mr. Karan Chechi, Research Director of TechSci Research, a research-based global management consulting firm.

“Malaysia MRI Market Segmented By Field Strength (High-Field MRI Systems (1.5t MRI Systems, 3t MRI Systems), Low-To-Mid-Field MRI Systems (<1.5t), Others), By Type (Fixed, Mobile), By Architecture (Closed MRI Systems, Open MRI Systems), By Application (Brain and Neurological, Oncology, Spine and Musculoskeletal, Abdominal, Cardiac, Others), By End User (Hospitals, Imaging Centers, Ambulatory Surgical Centers, Others), By Source (Import, Domestic), ByProduct (Refurbished, New), By Region and Competition, 2020-2030F” has evaluated the future growth potential of Malaysia MRI market and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Malaysia MRI market.

 

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