| Product Code: ETC11665687 | Publication Date: Apr 2025 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
In 2024, Cyprus saw a significant increase in the import of closed MRI systems, with top exporting countries being Germany, South Korea, China, USA, and Italy. The market concentration, as measured by the HHI, shifted from moderate to high concentration within a year. The Compound Annual Growth Rate (CAGR) from 2020 to 2024 was robust at 12.87%, with a notable growth rate of 8.73% in 2024 alone. This data indicates a growing demand for closed MRI systems in Cyprus and highlights the competitive landscape among the top exporting countries.

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 Cyprus Closed MRI Systems Market Overview |
3.1 Cyprus Country Macro Economic Indicators |
3.2 Cyprus Closed MRI Systems Market Revenues & Volume, 2021 & 2031F |
3.3 Cyprus Closed MRI Systems Market - Industry Life Cycle |
3.4 Cyprus Closed MRI Systems Market - Porter's Five Forces |
3.5 Cyprus Closed MRI Systems Market Revenues & Volume Share, By Field Strength, 2021 & 2031F |
3.6 Cyprus Closed MRI Systems Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Cyprus Closed MRI Systems Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Cyprus Closed MRI Systems Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Cyprus Closed MRI Systems Market Trends |
6 Cyprus Closed MRI Systems Market, By Types |
6.1 Cyprus Closed MRI Systems Market, By Field Strength |
6.1.1 Overview and Analysis |
6.1.2 Cyprus Closed MRI Systems Market Revenues & Volume, By Field Strength, 2021 - 2031F |
6.1.3 Cyprus Closed MRI Systems Market Revenues & Volume, By Low-to-Mid Field (<1.5T), 2021 - 2031F |
6.1.4 Cyprus Closed MRI Systems Market Revenues & Volume, By High Field (1.5T“3T), 2021 - 2031F |
6.1.5 Cyprus Closed MRI Systems Market Revenues & Volume, By Very High Field (3T and above), 2021 - 2031F |
6.2 Cyprus Closed MRI Systems Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Cyprus Closed MRI Systems Market Revenues & Volume, By Brain, 2021 - 2031F |
6.2.3 Cyprus Closed MRI Systems Market Revenues & Volume, By Spine, 2021 - 2031F |
6.2.4 Cyprus Closed MRI Systems Market Revenues & Volume, By Musculoskeletal, 2021 - 2031F |
6.2.5 Cyprus Closed MRI Systems Market Revenues & Volume, By Cardiovascular, 2021 - 2031F |
6.2.6 Cyprus Closed MRI Systems Market Revenues & Volume, By Abdominal, 2021 - 2031F |
6.2.7 Cyprus Closed MRI Systems Market Revenues & Volume, By Others, 2021 - 2029F |
6.3 Cyprus Closed MRI Systems Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Cyprus Closed MRI Systems Market Revenues & Volume, By Hospitals, 2021 - 2031F |
6.3.3 Cyprus Closed MRI Systems Market Revenues & Volume, By Diagnostic Imaging Centers, 2021 - 2031F |
6.3.4 Cyprus Closed MRI Systems Market Revenues & Volume, By Research Institutes, 2021 - 2031F |
7 Cyprus Closed MRI Systems Market Import-Export Trade Statistics |
7.1 Cyprus Closed MRI Systems Market Export to Major Countries |
7.2 Cyprus Closed MRI Systems Market Imports from Major Countries |
8 Cyprus Closed MRI Systems Market Key Performance Indicators |
9 Cyprus Closed MRI Systems Market - Opportunity Assessment |
9.1 Cyprus Closed MRI Systems Market Opportunity Assessment, By Field Strength, 2021 & 2031F |
9.2 Cyprus Closed MRI Systems Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Cyprus Closed MRI Systems Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Cyprus Closed MRI Systems Market - Competitive Landscape |
10.1 Cyprus Closed MRI Systems Market Revenue Share, By Companies, 2024 |
10.2 Cyprus Closed MRI Systems Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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