Global MRI Systems Market
Segmentation, By Architecture (Closed MRI Systems {Standard Bore (60 cm), Wide
Bore (70 cm+)}, Open MRI Systems {Permanent Magnet Systems, Low-Field Open
Systems}, Extreme High-Field MRI (7T and above)), By Field Strength (Low-Field
MRI Systems, Mid-Field MRI Systems, High-Field MRI Systems, Very High-Field MRI
Systems), By Application (Brain & Neurological MRI, Spine &
Musculoskeletal MRI, Abdominal & Pelvic MRI, Cardiac MRI, Breast MRI, Vascular
MRI, Oncology), By End User (Hospitals, Diagnostic Imaging Centers, Ambulatory
Surgical Centers, Research & Academic Institutions), By Technology (Conventional
MRI Systems, Software-Based & Advanced MRI Systems {Diffusion Tensor
Imaging, Functional MRI, Magnetic Resonance Spectroscopy, Perfusion Imaging}), By
Component (Magnets {Permanent Magnets, Superconducting Magnets, Resistive
Magnets}, Gradient Systems, RF Systems, Cooling Systems, Software &
Workstations)- Industry Trends and Forecast to 2033
Global MRI Systems Market size was valued at USD 6215.2 million
in 2024 and is
expected to reach at USD 12765.5 million in 2033, with a CAGR of 6.7% during
the forecast period of 2025 to 2033.
Global MRI Systems Market Overview
The Global MRI Systems Market is
experiencing a significant boom, pushed by the growing occurrence of persistent
and neurological diseases, a growing geriatric population, and developing demand
for accurate, non-invasive diagnostic imaging. Advancements in
excessive-subject and ultra-excessive-subject MRI technology, practical MRI
(fMRI), and AI integration are improving imaging precision and workflow
efficiency. Expanding healthcare infrastructure, mainly in rising economies,
and growing focus approximately early disease detection in addition to gas market
adoption. However, excessive acquisition and protection costs, infrastructure
requirements, and restricted availability of educated radiologists remain key
challenges. Overall, the marketplace is poised for constant boom as hospitals
and diagnostic facilities put money into advanced, patient-friendly MRI
solutions.
Global MRI Systems Market Scope
|
Global MRI
Systems Market |
|||
|
Years
Considered |
|||
|
Historical Period |
2020 - 2023 |
Market Size (2024) |
USD 6215.2 Million |
|
Base Year |
2024 |
Market Size
(2033) |
USD 12765.5 Million |
|
Forecast Period |
2025 - 2033 |
CAGR (2025 – 2033) |
6.7% |
|
Segments
Covered |
|||
|
By Architecture |
·
Closed MRI Systems o Standard
Bore (60 cm) o Wide
Bore (70 cm+) ·
Open MRI Systems o Permanent
Magnet Systems o Low-Field
Open Systems ·
Extreme High-Field MRI (7T and above) |
||
|
By Field
Strength |
·
Low-Field
MRI Systems ·
Mid-Field
MRI Systems ·
High-Field
MRI Systems ·
Very
High-Field MRI Systems |
||
|
By Application |
·
Brain & Neurological MRI ·
Spine & Musculoskeletal MRI ·
Abdominal & Pelvic MRI ·
Cardiac MRI ·
Breast MRI ·
Vascular MR ·
Oncology |
||
|
By End user |
·
Hospitals ·
Diagnostic
Imaging Centers ·
Ambulatory
Surgical Centers ·
Research
& Academic Institutions |
||
|
By Technology |
·
Conventional MRI Systems ·
Software-Based & Advanced MRI Systems o Diffusion
Tensor Imaging o Functional
MRI o Magnetic
Resonance Spectroscopy o Perfusion
Imaging |
||
|
By Components |
·
Magnets o Permanent Magnets o Superconducting Magnets o Resistive Magnets ·
Gradient
Systems ·
RF
Systems ·
Cooling
Systems ·
Software
& Workstations |
||
|
Countries Catered |
|||
|
North America |
·
United
States ·
Canada ·
Mexico |
||
|
Europe |
·
United Kingdom ·
Germany ·
France ·
Spain ·
Italy ·
Rest of Europe |
||
|
Asia Pacific |
·
China ·
India ·
Japan ·
Australia ·
South
Korea ·
Rest
of Asia Pacific |
||
|
Latin America |
·
Brazil ·
Argentina ·
Rest of Latin America |
||
|
Middle East
& Africa
|
·
Saudi
Arabia ·
South
Africa ·
Rest
of MEA |
||
|
Key Companies |
|||
Global MRI Systems Market Dynamics
The Global MRI Systems Market
Dynamics are pushed by the growing want for superior diagnostic imaging to come
across and reveal chronic, neurological, and cardiovascular diseases. The
growing prevalence of conditions consisting of cancer, stroke, and musculoskeletal
disorders, coupled with an aging international population, has intensified the
decision for for accurate, non-invasive imaging solutions. Technological
advancements, which includes excessive-area and ultra-excessive-area MRI
scanners, sensitive MRI (fMRI), diffusion-weighted imaging (DWI), and hybrid
imaging techniques like PET/MRI, are enhancing diagnostic abilities and image
resolution. Integration of artificial intelligence (AI) and machine learning in
MRI systems is further improving picturegraph acquisition, automated analysis,
and workflow efficiency, thereby reducing take a look at times and operator
dependency. Expansion of healthcare infrastructure in rising economies and
growing funding in diagnostic facilities and hospitals are boosting the
marketplace growth.
However, the marketplace faces
demanding situations inclusive of excessive acquisition and operational costs,
constrained availability of professional radiologists and technicians, and
stringent regulatory necessities for brand spanking new device approval.
Maintenance of excessive-discipline MRI structures, such as helium refills and
power consumption, additionally restrains tremendous adoption. Opportunities
exist withinside the development of portable and low-cost MRI structures for
resource-constrained settings, integration with telemedicine and teleradiology
platforms, and adoption in veterinary and preclinical research. Additionally,
the point of interest on affected person comfort, open and wide-bore MRI
designs, and environmentally friendly structures is shaping marketplace trends.
Overall, the MRI structures marketplace is poised for sustained growth, pushed
via way of means of technological innovation, growing healthcare demands, and
increasing worldwide get entry to to superior imaging solutions.
Global MRI Systems Market
Segment Analysis
The Global MRI Systems Market
Segment Analysis highlights the diversity of MRI technologies, applications,
and end-user adoption using international growth. By architecture, the
marketplace is classified into Closed MRI Systems, Open MRI Systems, and Extreme
High-Field MRI (7T and above). Closed MRI structures, along with popular bore
(60 cm) and extensive bore (70 cm+) designs, dominate because of their
excessive-area capabilities, advanced photo decision, and suitability for
widespread diagnostic packages. Open MRI structures, comprising everlasting
magnet and low-area open structures, are increasingly preferred for affected
person comfort, mainly in pediatric, claustrophobic, and bariatric populations.
Extreme excessive-area MRI structures are gaining traction in studies and
specialised medical settings, presenting ultra-excessive decision and superior
useful imaging capabilities.
By field strength, the
marketplace is segmented into low-area, mid-area, high-area, and really
excessive-area MRI structures. High-area MRI structures (1.5T and 3T) account
for the biggest proportion because of their stability of photo quality, test
time, and cost-effectiveness, at the same time as very excessive-area
structures (>7T) are rising for studies and neurology packages.
By application, MRI structures
are used for brain & neurological, spine & musculoskeletal, abdominal
& pelvic, cardiac, breast, vascular, and oncology imaging. Neurological and
musculoskeletal packages lead the marketplace as a result of excessive
incidence of associated problems and growing demand for early diagnosis.
By end user, hospitals and
diagnostic imaging facilities dominate adoption because of large-scale medical
and outpatient services, at the same time as ambulatory surgical facilities and
study establishments are increasing adoption for specialised and experimental
studies.
By technology, traditional MRI
structures remain extensively used; however, software-primarily based totally
and advanced MRI structures, along with diffusion tensor imaging (DTI),
functional MRI (fMRI), magnetic resonance spectroscopy, and perfusion imaging,
are developing unexpectedly for certain tissue characterization and functional
analysis.
By component, MRI structures
contain magnets (everlasting, superconducting, resistive), gradient structures,
RF structures, cooling structures, and software & workstations.
Superconducting magnets dominate because of advanced area power and photo clarity.
Overall, the segmentation displays a marketplace evolving with technological
innovation, increasing medical packages, and growing adoption throughout
various healthcare and studies settings worldwide.
Global MRI Systems Market
Regional Analysis
The Global MRI Systems Market
Regional Analysis shows massive increase throughout North America, Europe,
Asia-Pacific, and rising regions. North America leads the market, pushed by
superior healthcare infrastructure, excessive adoption of excessive-discipline
and ultra-excessive-discipline MRI systems, and sturdy R&D investments in
diagnostic imaging. The United States dominates because of tremendous
sanatorium networks, early adoption of AI-incorporated MRI solutions, and
supportive authorities healthcare projects. Europe follows, with international
locations which include Germany, France, and the U.K. witnessing strong call
for because of getting older populations, growing persistent sickness
prevalence, and funding in current imaging technologies. Asia-Pacific is the
fastest-developing region, led with the aid of using China, India, and Japan,
fueled with the aid of using increasing healthcare infrastructure, growing
attention of early diagnosis, and developing personal and public investments in
hospitals and diagnostic centers. Latin America and Middle East & Africa
are rising markets, pushed with the aid of using urbanization, growing
healthcare expenditure, and projects to enhance get right of entry to to
superior clinical imaging technologies. Overall, local increase is formed with
the aid of using healthcare modernization, technological adoption, and
demographic trends.
Global MRI Systems Market Key Players
·
Aspect Imaging Ltd.
·
AURORA HEALTHCARE US Corp.
·
Bruker Corp.
·
Canon Inc.
·
Esaote Spa
·
FONAR Corp.
·
FUJIFILM Holdings Corp.
·
GE Healthcare Technologies Inc.
·
Hologic Inc.
·
Koninklijke Philips NV
·
MR Solutions Ltd.
·
Neusoft Corp.
Recent Developments
In December 2023, Siemens
Healthineers launched the MAGNETOM Cima.X, a groundbreaking 3T MRI system,
in Canada, following its Health Canada licensing. This release aimed to extend
its market presence, strengthening Siemens Healthineers' competitive position
in the Canadian market.
Research Methodology
At Foreclaro Global Research, our
research methodology is firmly rooted in a comprehensive and systematic
approach to market research. We leverage a blend of reliable public and
proprietary data sources, including industry reports, government publications,
company filings, trade journals, investor presentations, and credible online
databases. Our analysts critically evaluate and triangulate information to
ensure accuracy, consistency, and depth of insights. We follow a top-down and
bottom-up data modelling framework to estimate market sizes and forecasts,
supplemented by competitive benchmarking and trend analysis. Each research
output is tailored to client needs, backed by transparent data validation
practices, and continuously refined to reflect dynamic market conditions.
The market was valued at USD 6,215.2 million in 2024; expected to reach USD 12,765.5 million by 2033, growing at a CAGR of ~6.7% from 2025-2033.
