Forecast
Period
|
2026-2030
|
Market
Size (2024)
|
USD
28.14 Million
|
Market
Size (2030)
|
USD
42.29 Million
|
CAGR
(2025-2030)
|
7.03%
|
Fastest
Growing Segment
|
Open
MRI Systems
|
Largest
Market
|
West
Malaysia
|
Market Overview
Malaysia
MRI Market was valued at USD 28.14 million in 2024 and is expected to reach USD
42.29 million by 2030 with a CAGR of 7.03% during the forecast period. The MRI
market in Malaysia is expected to grow significantly in the coming years,
driven by factors such as increasing healthcare spending and a growing aging
population, hence augmenting the growth of Malaysia MRI market. One of the key
drivers of the MRI market in Malaysia is the growing prevalence of chronic
diseases, such as cancer, cardiovascular diseases, and neurological disorders.
As the incidence of these diseases continues to rise, there is a growing demand
for more accurate and timely diagnosis, which is driving the demand for MRI
scans.
Moreover,
the increasing initiatives and programs by government leads to the heavy demand
of MRI for diagnosing which is expected to expand the Malaysia MRI Market. The
National Cancer Control Plan for Malaysia, which put policies in place for
cancer prevention, screening, early detection, treatment, and palliative care
throughout the nation, will celebrate its twentieth anniversary in 2023. It
started with the introduction of low-cost preventive measures to motivate
people to alter their lifestyles and lower their risk of developing cancer. In
addition, the MoH released a directive requiring health clinics to conduct
colorectal, cervical, and breast cancer screenings.
This
initiative increased access to cancer screening and facilitated earlier
diagnosis and treatment, augmenting the growth of Malaysia MRI market. As
per World Health Organization, 48,639 new cancer cases were reported in
Malaysia, out of which 17.3% accounts for breast cancer and 13.6% for
colorectum cancer. With the increasing demand for advanced medical
technologies, such as MRI, the healthcare providers are expected to invest
heavily in new and advanced imaging technologies to improve patient care, as a
result, the Malaysia MRI market is expected to grow. According to the
Malaysia Ministry of Health, in 2019, approximately 64% of deaths in Malaysia
were attributed to chronic diseases, with cancer and cardiovascular diseases
being the leading causes of death.
Key Market Drivers
Growing
Prevalence of Chronic and Age-Related Diseases
Malaysia
has seen a steady increase in chronic diseases such as cancer, cardiovascular
conditions, and neurological disorders—all of which often require advanced
imaging for accurate diagnosis. MRI, with its non-invasive nature and detailed
imaging capability, has become a critical diagnostic tool. The Ministry of
Health Malaysia (MOH) continues to push for enhanced access to diagnostic
services under its National Strategic Plan for Non-Communicable Diseases. With
a rapidly aging population—projected by the Department of Statistics Malaysia
to reach nearly 15% of the total population by 2030—the demand for MRI scans
for age-related illnesses like dementia and spinal issues is rising.
Additionally, early disease detection and intervention programs supported by
government hospitals and private healthcare providers further boost MRI
adoption. As diagnostic awareness spreads and patient outcomes improve with
timely imaging, MRI demand is expected to grow substantially in both public and
private healthcare sectors.
Expansion of Public and Private Healthcare
Infrastructure
The
Malaysian government’s continued investment in upgrading healthcare
infrastructure has played a crucial role in expanding diagnostic capabilities
across the country. MOH’s Hospital Redevelopment Program and initiatives
under the Twelfth Malaysia Plan (2021–2025) include provisions for acquiring
modern diagnostic equipment, including MRI scanners. Simultaneously,
private hospitals—especially in urban hubs like Kuala Lumpur, Penang, and Johor
Bahru—are aggressively investing in high-end MRI systems to cater to growing
medical tourism and urban demand. The rising number of tertiary care facilities
and diagnostic centers across Malaysia has improved access to MRI services,
reducing wait times and expanding usage across various medical departments. The
availability of MRI services in semi-urban and rural regions is also improving
through mobile and satellite diagnostic centers, often supported by
public-private partnerships. These collective developments are driving
consistent market expansion by increasing both capacity and demand for
MRI-based diagnostics.

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Key Market Challenges
High
Equipment and Operational Costs
Despite
demand, the high upfront and maintenance costs of MRI equipment remain a
barrier, particularly for smaller hospitals and diagnostic clinics in Malaysia.
A standard MRI machine can cost several million ringgit, with additional annual
maintenance, service contracts, and staff training expenses. For public
healthcare providers operating under tight budgets, the acquisition and upkeep
of MRI machines can be challenging without centralized government support.
Additionally, electricity consumption, cooling requirements, and space
considerations further elevate the operational costs of MRI facilities. This
cost challenge is particularly pronounced in semi-urban and rural areas, where
return on investment is uncertain due to smaller patient volumes. Although MOH
has rolled out various hospital upgrading programs, the funding often
prioritizes basic medical services over high-end diagnostics, slowing MRI
adoption. Addressing this will require continued public-private partnerships,
potential leasing or shared-use models, and subsidies for rural healthcare
providers.
Shortage of Skilled
Radiologists and Technicians
Another
critical challenge in Malaysia’s MRI market is the shortage of trained
radiologists and MRI technicians. While the country has made progress in
expanding diagnostic services, the human resources needed to operate and
interpret MRI scans are still limited. According to reports by the Malaysian
Medical Council and MOH, the number of radiologists per capita remains lower
than the OECD average. Many rural and district hospitals either lack in-house
radiologists or rely on teleradiology, which may lead to delays in diagnosis.
The training pipeline for MRI technicians is also constrained, with only a few
institutions offering specialized programs. This skills gap creates
bottlenecks, limits the utilization of installed MRI systems, and hinders
patient access, particularly in public hospitals, where radiology departments
face high caseloads. The government has initiated upskilling efforts and is
exploring AI-supported diagnostics to mitigate this issue, but the impact will
take time to materialize.
Key Market Trends
Rising Adoption of
AI-Integrated MRI Systems
A
significant trend shaping the Malaysia MRI market is the integration of
artificial intelligence (AI) into MRI systems. AI-enhanced imaging helps reduce
scan times, improve image reconstruction quality, and assist radiologists with
advanced analysis. Leading medical facilities in Malaysia are increasingly
adopting MRI machines embedded with AI tools for enhanced efficiency and
diagnostic accuracy. This trend aligns with the MOH's strategic direction to
promote digital healthcare transformation. AI integration also reduces the
burden on radiologists by automating repetitive tasks such as image
segmentation and anomaly detection. Moreover, academic and medical research
institutions are partnering with tech companies to develop localized AI
applications tailored for Malaysian demographics. As AI in healthcare gains
government support and favorable regulations, AI-enabled MRI systems are likely
to become mainstream, particularly in high-volume diagnostic centers and
teaching hospitals.
Growth in Medical Tourism and
Expatriate Patient Demand
Malaysia
continues to be a top destination in Southeast Asia for medical tourism,
offering affordable and high-quality healthcare services. The MRI market is
benefitting directly from this trend, as foreign patients increasingly seek
diagnostic procedures as part of comprehensive treatment plans. According to
the Malaysia Healthcare Travel Council (MHTC), imaging services like MRI scans
are often bundled with orthopedic, neurological, and cardiac treatments. Many
private hospitals have begun tailoring their MRI services—including shorter
wait times, multilingual support, and international accreditations—to cater to
this growing clientele. The government supports this industry through
promotional campaigns like “Malaysia Healthcare” and infrastructure investments
under its medical tourism blueprint. Furthermore, Malaysia’s sizable expatriate
community also contributes to increased MRI demand, especially through private
insurance coverage. These external patient flows have helped fuel innovation,
quality improvement, and expanded access in the domestic MRI market.
Segmental Insights
Architecture Insights
Based
on Architecture, Closed MRI Systems hold the largest market share when
categorized by architecture. These systems are traditionally preferred in
clinical settings across the country due to their superior imaging
capabilities, higher magnetic field strength, and ability to capture highly
detailed scans, especially for complex diagnostic needs. Closed MRI systems
typically operate at 1.5T or 3.0T, allowing for faster and more accurate
detection of a wide range of conditions, including neurological disorders,
musculoskeletal injuries, cardiovascular issues, and cancers. Hospitals and
diagnostic centers, particularly in urban areas such as Kuala Lumpur, Penang,
and Johor Bahru, prioritize closed MRI systems because they are capable of
meeting the high-volume diagnostic demands of both local patients and medical
tourists. Furthermore, government hospitals and tertiary care institutions in
West Malaysia often invest in these systems under public healthcare initiatives
aimed at expanding advanced diagnostic services. For example, the Ministry of
Health has been steadily upgrading public healthcare facilities with high-end
imaging equipment to support early detection and timely intervention.

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Regional Insights
Based on the
region, the West Malaysia region held the largest market share. This dominance
is primarily driven by the higher concentration of healthcare infrastructure,
urbanization, and economic activity in West Malaysia. Major urban centers such
as Kuala Lumpur, Selangor, Penang, and Johor host a dense network of both
public and private hospitals that are well-equipped with advanced imaging
technologies, including MRI systems. These regions not only serve a larger
local population but also attract international medical tourists seeking
affordable and high-quality diagnostic services, further boosting demand for
MRI procedures. Additionally, West Malaysia benefits from stronger healthcare
funding and a more developed private healthcare sector, making it easier for
hospitals and clinics to invest in newer MRI technologies. The availability of
medical professionals, including radiologists and MRI technicians, is also
higher in this region due to the presence of top medical universities and
training institutions.
Key Market Players
- 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
By Field Strength
|
By Type
|
By Architecture
|
By Application
|
By Source
|
By Product
|
By End User
|
By Region
|
- High-Field
MRI Systems (1.5t MRI Systems, 3t MRI Systems)
- Low-To-Mid-Field
MRI Systems (<1.5t)
- Others
|
|
- Closed
MRI Systems
- Open
MRI Systems
|
- Brain
and Neurological
- Oncology
- Spine
and Musculoskeletal
- Abdominal
- Cardiac
- Others
|
|
|
- Hospitals
- Imaging
Centers
- Ambulatory
Surgical Centers
- Others
|
- East
Malaysia
- West
Malaysia
|
Report Scope:
In this report, the Malaysia MRI
market has been segmented into the following categories, in addition to the
industry trends, which have also been detailed below:
- Malaysia MRI Market, By Field Strength:
- High-Field MRI Systems
(1.5t MRI Systems, 3t MRI Systems)
- Low-To-Mid-Field MRI
Systems (<1.5t)
- Others
- Malaysia MRI Market, By Type:
- Malaysia MRI Market, By Architecture:
- Closed MRI Systems
- Open MRI Systems
- Malaysia MRI Market, By Application:
- Brain and Neurological
- Oncology
- Spine and Musculoskeletal
- Abdominal
- Cardiac
- Others
- Malaysia MRI Market, By End User:
- Hospitals
- Imaging Centers
- Ambulatory Surgical
Centers
- Others
- Malaysia MRI Market, By Source:
- Malaysia MRI Market, By Product:
- Malaysia MRI Market, By Region:
- The East Malaysia
- The West Malaysia
Competitive landscape
Company Profiles: Detailed
analysis of the major companies in Malaysia MRI market.
Available Customizations:
With the given market data,
TechSci Research offers customizations according to a company’s specific needs.
The following customization options are available for the report:
Company Information
- Detailed analysis and profiling of
additional market players (up to five).
Malaysia MRI market is an
upcoming report to be released soon. If you wish an early delivery of this
report or want to confirm the date of release, please contact us at sales@techsciresearch.com.