Indian MRI market looks set to remain strong

The MRI market in India is expected to grow at a healthy rate in 2012 as the awareness for MRI tests increase and as technological advancements make MRI suitable for treating a wide variety of diseases, according to a new report published on 1 June by research firm Netscribes (India).

The report, "MRI Market in India 2012," suggests that growth drivers for the technology include increased demand from hospitals, imaging centers, and medical tourism, as well as increases in health insurance and per capita disposable income in India, according to Netscribes. Obstacles to MRI market growth in India include currency fluctuations that affect manufacturers' profit margins, the report said.

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