Magnetocardiograph System Market Forecast Driven by Advancements in Cardiac Diagnostics and Non-Invasive Imaging Technologies | Valuates Reports

Magnetocardiograph System Market Size
The global Magnetocardiograph System market was valued at US$ 1271 million in 2023 and is anticipated to reach US$ 3118 million by 2030, witnessing a CAGR of 13.7% during the forecast period 2024-2030.

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The magnetocardiograph system market is witnessing steady market growth, supported by ongoing advancements in cardiac diagnostics and the increasing demand for non-invasive imaging technologies. The market size continues to expand as healthcare providers adopt more precise and efficient tools for early detection of cardiac abnormalities.

Among product types, SQUID magnetocardiograph systems maintain a significant market share due to their established performance and accuracy in detecting weak magnetic fields generated by the heart. However, optically pumped magnetometer (OPM) magnetocardiograph systems are emerging as a promising alternative, driven by their portability, lower operational costs, and advancements in optical sensor technology. These segment trends reflect a growing interest in flexible, next-generation diagnostic solutions.

In terms of application, hospitals and clinics represent the primary contributors to market size, as they integrate magnetocardiograph systems into routine cardiac diagnostics to improve patient outcomes. Additionally, rehabilitation centers are increasingly adopting these systems for continuous monitoring and recovery tracking of cardiac patients. Medical examination centers are also driving market trends by incorporating magnetocardiograph systems into preventive healthcare screenings.

Overall, the magnetocardiograph system market forecast indicates sustained market growth, underpinned by technological innovation, the push toward early and accurate cardiac diagnosis, and the rising global burden of cardiovascular diseases.

Segment by Type

• SQUID Magnetocardiograph System
• Optically Pumped Magnetometer (OPM) Magnetocardiograph System

Segment by Application
• Hospitals and Clinics
• Rehabilitation Center
• Medical Examination Center
• Other

By Company

Genetesis, Magscan, CMI, BMD, Hitachi, Mandi Medical Instruments (Shanghai), Jiangsu Magnetocardio Superconductor, Beijing Weici Technology, Hangzhou Chinmag Technology, SU ZHOU Cardiomox MEDICAL Instrument, Hangzhou Nuochi Life Science

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