Australia Spinal MRI Procedures Market Size, Share, Growth, Trends, and Industry Analysis: By MRI Procedures (Lumbar MRI Procedures, Cervical MRI Procedures, and Sacro-iliac MRI Procedures), By Sector (Public Hospitals/Universities, and Private (Private Hospitals, and Imaging Centres)), and Country 2019-2030

In 2023, 305 (000’) MRI procedures were performed and are projected to grow at a CAGR of 5.2% over the forecast years to reach 436 (000’) procedures by 2030. The Australian spinal MRI procedures market is fuelled by several factors such as the increasing prevalence of spinal conditions, advancements in MRI technology, rising awareness of the benefits of MRI, and government support. Back pain and its accompanying conditions are among the top causes of disease, pain, and impairment in Australia (Health Direct 2021).

Statistics compiled from the 2022 Australian Burden of Disease Study show that back pain and related diseases comprised a small percentage of the total disease burden in Australia, amounting to 4.2%, ranking third. Spinal injuries could affect an individual's mobility, daily functions as well as their quality of life altogether. One of the most common health issues in Australia was low back pain. It was estimated that around 16 percent of people living in Australia were experiencing back problems through the 2022 Australian Bureau of Statistics National Health Survey.

The lifetime prevalence of low back pain was reported as high as 79.2% in Australian adults and 84% in adolescents. Back pain and intervertebral disc disorders have been identified as significant work-related problems with about one in 10 people experiencing significant activity limitation. The prevalence of back pain has increased over successive national surveys; it may have implications for Australian productivity. High costs, limited availability of MRI machines, and reimbursement challenges are the restraints, that can hamper the growth of the market, where these restraints can be overcome by Expanding applications of MRI, growth in private healthcare, technological advancements, and increasing demand for personalized healthcare.

 Australian Spinal MRI Procedures Market Key Developments

• In Sept 2022, Stryker unveiled the Q Guidance System for spine applications that brings together advanced optical tracking with powerful guidance software to further the potential of surgeons for planning and navigation during spinal surgery. It has acquired Mobius Imaging recently, which specializes in point-of-care imaging technology supporting advancements in spinal MRI and surgical navigation.