Product Code: ETC6184402 | Publication Date: Sep 2024 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The MRI coils market in Australia is growing as hospitals and imaging centers seek higher-quality diagnostic outputs. Surface coils, phased-array coils, and specialized coils for body parts like the breast and spine are in increasing demand. Upgrading older systems and investing in high-density coils for better signal-to-noise ratio has become a trend in the countrys leading diagnostic centers. OEM and third-party coil providers are competing based on compatibility, durability, and signal performance.
The MRI coils market in Australia is shifting towards advanced coil designs that offer higher signal-to-noise ratios, faster imaging, and improved patient comfort. Demand is particularly strong for head, cardiac, and orthopedic coils, supported by increased neurological and musculoskeletal imaging. Custom-fit and lightweight coils are also trending, aiming to enhance image clarity while minimizing patient discomfort during scans.
The MRI coils market in Australia is challenged by compatibility and standardization issues. MRI machines come in different makes and models, and not all coils are universally compatible, complicating procurement decisions for hospitals. Moreover, the high cost of specialty coils and limited budget allocations for imaging accessories constrain the adoption of advanced coils, particularly in public hospitals. Research and development costs and regulatory approvals also slow the market`s pace of innovation.
As Australian hospitals and diagnostic centers look to upgrade and customize MRI equipment, theres growing demand for innovative coil solutions. Investment opportunities exist in the manufacturing and local assembly of specialized MRI coils, such as pediatric, breast, and extremity coils. Local R&D initiatives and distribution partnerships for international coil manufacturers could reduce import dependency and enhance profitability.
In the MRI coils market, Australian government policies around medical device regulation and safety standards significantly influence the market`s growth. The TGA, which oversees the approval and certification of medical devices, including MRI coils, ensures that these components meet strict safety and quality standards before they are marketed in the country. While the government provides some support for the importation of medical equipment, there are limited incentives or subsidies for private and public healthcare facilities to adopt newer or more specialized MRI coils due to high costs. Furthermore, Australian policies around healthcare budgets and reimbursement may not always cover advanced coils, restricting widespread adoption.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Australia MRI Coils Market Overview |
3.1 Australia Country Macro Economic Indicators |
3.2 Australia MRI Coils Market Revenues & Volume, 2021 & 2031F |
3.3 Australia MRI Coils Market - Industry Life Cycle |
3.4 Australia MRI Coils Market - Porter's Five Forces |
3.5 Australia MRI Coils Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Australia MRI Coils Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Australia MRI Coils Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Australia MRI Coils Market Revenues & Volume Share, By End user, 2021 & 2031F |
3.9 Australia MRI Coils Market Revenues & Volume Share, By Distrbution Channel, 2021 & 2031F |
4 Australia MRI Coils Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Australia MRI Coils Market Trends |
6 Australia MRI Coils Market, By Types |
6.1 Australia MRI Coils Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Australia MRI Coils Market Revenues & Volume, By Product Type, 2021- 2031F |
6.1.3 Australia MRI Coils Market Revenues & Volume, By Phased-Array, 2021- 2031F |
6.1.4 Australia MRI Coils Market Revenues & Volume, By Quadrature, 2021- 2031F |
6.2 Australia MRI Coils Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Australia MRI Coils Market Revenues & Volume, By Volume Coils, 2021- 2031F |
6.2.3 Australia MRI Coils Market Revenues & Volume, By Gradient Coils, 2021- 2031F |
6.2.4 Australia MRI Coils Market Revenues & Volume, By Radiofrequency Coils, 2021- 2031F |
6.2.5 Australia MRI Coils Market Revenues & Volume, By Surface, 2021- 2031F |
6.2.6 Australia MRI Coils Market Revenues & Volume, By Others, 2021- 2031F |
6.3 Australia MRI Coils Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Australia MRI Coils Market Revenues & Volume, By Neuroimaging, 2021- 2031F |
6.3.3 Australia MRI Coils Market Revenues & Volume, By Cardiovascular, 2021- 2031F |
6.3.4 Australia MRI Coils Market Revenues & Volume, By Musculoskeletal, 2021- 2031F |
6.3.5 Australia MRI Coils Market Revenues & Volume, By Gastrointestinal, 2021- 2031F |
6.3.6 Australia MRI Coils Market Revenues & Volume, By Pediatric, 2021- 2031F |
6.3.7 Australia MRI Coils Market Revenues & Volume, By Breast, 2021- 2031F |
6.4 Australia MRI Coils Market, By End user |
6.4.1 Overview and Analysis |
6.4.2 Australia MRI Coils Market Revenues & Volume, By Hospitals, 2021- 2031F |
6.4.3 Australia MRI Coils Market Revenues & Volume, By Diagnostic Imaging Centre, 2021- 2031F |
6.4.4 Australia MRI Coils Market Revenues & Volume, By Others, 2021- 2031F |
6.5 Australia MRI Coils Market, By Distrbution Channel |
6.5.1 Overview and Analysis |
6.5.2 Australia MRI Coils Market Revenues & Volume, By Direct Tenders, 2021- 2031F |
6.5.3 Australia MRI Coils Market Revenues & Volume, By Retail Sales, 2021- 2031F |
7 Australia MRI Coils Market Import-Export Trade Statistics |
7.1 Australia MRI Coils Market Export to Major Countries |
7.2 Australia MRI Coils Market Imports from Major Countries |
8 Australia MRI Coils Market Key Performance Indicators |
9 Australia MRI Coils Market - Opportunity Assessment |
9.1 Australia MRI Coils Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Australia MRI Coils Market Opportunity Assessment, By Type, 2021 & 2031F |
9.3 Australia MRI Coils Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Australia MRI Coils Market Opportunity Assessment, By End user, 2021 & 2031F |
9.5 Australia MRI Coils Market Opportunity Assessment, By Distrbution Channel, 2021 & 2031F |
10 Australia MRI Coils Market - Competitive Landscape |
10.1 Australia MRI Coils Market Revenue Share, By Companies, 2024 |
10.2 Australia MRI Coils Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |