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MRI Systems Market by Architecture (Open, Closed), Field Strength (High Field MRI Systems & Low Field MRI Systems), Design (Portable MRI Systems, Fixed/Stationary MRI Systems), End User (Hospitals, Diagnostic Clinic), Region - Global Forecast to 2030- Product Image
MRI Systems Market by Architecture (Open, Closed), Field Strength (High Field MRI Systems & Low Field MRI Systems), Design (Portable MRI Systems, Fixed/Stationary MRI Systems), End User (Hospitals, Diagnostic Clinic), Region - Global Forecast to 2030- Product Image
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MRI Systems Market by Architecture (Open, Closed), Field Strength (High Field MRI Systems & Low Field MRI Systems), Design (Portable MRI Systems, Fixed/Stationary MRI Systems), End User (Hospitals, Diagnostic Clinic), Region - Global Forecast to 2030

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    Report

  • 260 Pages
  • May 2025
  • Region: Global
  • Markets and Markets
  • ID: 4520320
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The Asia-Pacific Region is Expected to Witness the Highest Growth During the Forecast Period

The global MRI systems market is projected to reach USD 9.0 billion by 2030 from USD 6.5 billion in 2025, at a CAGR of 6.5% from 2025 to 2030.

The market's growth can be attributed to an increase in disease burden, specifically for neurological and musculoskeletal conditions, which is projected to increase in the coming years. An increase in the aging population, with the rising prevalence of chronic diseases such as cancer, is anticipated to increase the need for MRI systems across the globe. All these factors, on a broader level, will help to grow the market for MRI systems.

By field strength, the high & very high field segment dominated the MRI systems market in 2024.

The MRI systems market is categorized by field strength, encompassing low-to-mid-field MRI systems, high and very high field MRI systems, and ultra-high-field MRI systems. High and very high field MRI systems are notable for their superior signal-to-noise ratio (SNR), which enhances clinical utility significantly. These systems are not only instrumental in imaging the brain, musculoskeletal structures, and vascular systems but also excel in specialized applications within psychiatry, neurology, biomedical research, and the early identification of conditions such as multiple sclerosis.

The integration of MRI with complementary modalities such as PET and ultrasound further optimizes operational throughput and decreases helium usage while also delivering faster scan times and enhanced image resolution. High-field MRI systems, specifically those operating at 1.5T and 3T, are favored over low-field systems (below 1T) due to their markedly superior image quality, reduced acquisition times, and extensive range of clinical applications.

The elevated SNR in high-field systems translates to clearer, more detailed imaging essential for diagnosing complex conditions such as neurological disorders, musculoskeletal injuries, and cardiovascular abnormalities. The rapid scan capabilities not only improve patient throughput but also enhance operational efficiency within healthcare facilities. Collectively, these factors have driven the growing adoption of high-field MRI systems within the market.

By architecture, the closed MRI systems segment accounted for the largest share of the market in 2024.

A closed MRI scanner utilizes a small cylindrical chamber to produce highly detailed images of the body's structure. Most high-field superconducting magnetic resonance imaging scanners are designed in a closed format. Due to their higher efficiency, superior image quality, and increased throughput - all resulting from greater magnetic field strengths - closed MRI systems are considered the industry standard.

In contrast to open MRI systems, which may require up to four or five scans for a comparable evaluation, closed MRI systems typically complete the scanning process in just one or two scans. This efficiency not only shortens examination times but also enhances the clinical utility of procedures and therapies. Closed MRI offers faster scan times, which helps reduce motion artifacts and improves patient throughput, making it particularly suitable for high-volume hospitals and diagnostic centers. Additionally, it supports advanced imaging techniques such as functional MRI (fMRI), diffusion-weighted imaging (DWI), and cardiac MRI, all of which rely on high-field strength for precision.

By design, the fixed/stationary MRI systems segment accounted for the largest share of the market in 2024.

The market for MRI systems is divided into two main categories: fixed (or stationary) MRI systems and portable MRI systems. Fixed MRI systems are generally preferred over portable ones for several reasons. They offer superior image quality, the ability to conduct full-body scans, improved workflow efficiency, and better long-term cost-effectiveness. Typically, fixed MRI units operate at a magnetic field. Another significant advantage of fixed MRI systems is their capability for full-body imaging, which further fuels market growth.

By application, the brain & neurological MRI segment has registered the highest growth rate during the forecast period.

Based on applications, the MRI systems market is segmented into brain & neurological MRI, spine & musculoskeletal MRI, pelvic & abdominal MRI, vascular MRI, breast MRI, cardiac MRI, pediatric MRI, and other applications. The brain & neurological MRI segment of the MRI systems market by application is expected to register the highest growth rate during the forecast period. Key drivers contributing to the rapid growth of this segment include the integration of sophisticated AI technologies as well as the increasing adoption of innovative devices that enable accurate targeting of internal organs, thereby facilitating real-time imaging capabilities.

By end user, the hospitals segment accounted for the largest share of the market in 2024.

The global MRI systems market is classified by end users into hospitals, diagnostic imaging centers, and other categories. In 2024, the hospital segment held the largest market share. This dominance is primarily due to the increased use of advanced MRI systems in hospitals, which enhance accurate diagnosis and raise awareness of the importance of early detection.

Contributing factors include recent product launches, the growing adoption of advanced systems with improved features that support patient care, and a rising number of imaging procedures conducted in hospitals. As the demand for rapid and precise diagnoses of various medical conditions grows, many hospitals are prioritizing the installation of advanced MRI systems. Large government hospitals with dedicated imaging units have been early adopters of these technologies, while private hospitals are increasingly embracing advanced imaging solutions over time. The trend towards modernizing imaging workflows has further driven the adoption of MRI systems in hospitals.

The Asia Pacific market is projected to show the highest growth rate in the MRI systems market.

  • The MRI systems market spans five primary regions: North America, Europe, the Asia Pacific, Latin America, and the Middle East & Africa. Notably, the Asia Pacific region houses a significant number of MRI systems manufacturers that deliver a comprehensive range of MRI modalities equipped with advanced technological features, all while maintaining competitive pricing. End users, particularly in healthcare institutions, are increasingly facing budget constraints exacerbated by recent tariff sanctions; this has prompted a shift towards more cost-effective MRI solutions offered by Chinese manufacturers. The region's manufacturing landscape benefits from low labor costs and abundant resources, facilitating efficient production processes for MRI systems. These dynamics position the Asia Pacific market to experience the highest growth rate within the global landscape, driven by both increased local demand and the strategic pricing of offerings.

A breakdown of the primary participants referred to for this report is provided below:

  • By Company Type: Tier 1 - 20%, Tier 2 - 45%, and Tier 3 - 35%
  • By Designation: C-level - 30%, Directors - 20%, and Others - 50%
  • By Region: North America - 36%, Europe - 25%, Asia Pacific - 27%, Latin America - 9%, and the Middle East & Africa - 3%
The key players profiled in the MRI systems market are Siemens Healthineers (Germany), GE HealthCare (US), Koninklijke Philips N.V. (Netherlands), FUJIFILM Corporation (Japan), Canon Inc. (Japan), Fonar Corporation (US), Esaote S.p.A (Italy), Shanghai United Imaging Healthcare Co., Ltd (China), Aspect Imaging Ltd. (US), and Time Medical Holding (Hong Kong).

Research Coverage

The research report examines the MRI systems market by product, sample preparation technique, application, end-users, and geography. This research covers factors that are driving market expansion, analyzes prospects and parameters faced by industries in the present time, and provides specifics on the competitive landscape considering market leaders and small and medium enterprises. This research also estimates the revenue of different market segments by considering five regions and micro-market analysis.

Rationale to Buy the Report

The report will provide market leaders and new entrants with valuable information regarding the revenue estimates for the overall MRI systems market and its subsegments. It will help stakeholders understand the competitive landscape, allowing them to position their businesses more effectively and develop appropriate go-to-market strategies. Additionally, the report offers insights into the market dynamics, including key drivers, restraints, challenges, and opportunities.

This report provides insightful data on the following points:

  • Market Penetration: In-depth coverage of product portfolios offered by the top players in the MRI systems market
  • Product Development/Innovation: In-depth coverage of product portfolios offered by the top players in the MRI systems market
  • Market Development: Insightful data on profitable developing areas
  • Market Diversification: Details about recent developments and advancements in the MRI systems market
  • Competitive Assessment: Extensive assessment of the products, growth tactics, revenue projections, and market categories of the top competitors

Table of Contents

1 Introduction
1.1 Study Objectives
1.2 Market Definition
1.3 Study Scope
1.3.1 Market Segmentation and Regional Scope
1.3.2 Inclusions & Exclusions
1.4 Years Considered
1.5 Currency Considered
1.6 Research Limitations
1.7 Key Stakeholders
1.8 Summary of Changes
2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.2 Primary Data
2.1.2.1 Key Primary Sources
2.1.2.2 Key Industry Insights
2.1.2.3 Breakdown of Primaries
2.2 Market Size Estimation
2.2.1 Approach 1: Company Revenue Estimation
2.2.2 Approach 2: Customer-based Market Estimation
2.2.3 Growth Forecast
2.2.4 CAGR Projections
2.3 Data Triangulation
2.4 Market Share Estimation
2.5 Research Assumptions
2.6 Risk Assessment
2.7 Growth Rate Assumptions
3 Executive Summary
4 Premium Insights
4.1 Opportunities for Players in MRI Systems Market
4.2 Europe: MRI Systems Market, by Field Strength, 2025 vs. 2030 (USD Million)
4.3 North America: MRI Systems Market, by Application, 2025 vs. 2030 (USD Million)
4.4 Asia-Pacific: MRI Systems Market, by End-user, 2025 vs. 2030 (USD Million)
4.5 MRI Systems Market: Geographical Snapshot
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Public-Private Partnerships to Scale Diagnostic Imaging Landscape
5.2.1.2 Growing Prevalence of Msds and Increasing Geriatric Population to Boost Demand
5.2.1.3 Integration of Imri into Surgery to Catalyze Growth of MRI Systems Market
5.2.2 Restraints
5.2.2.1 Complex Operations and Maintenance of MRI Systems
5.2.2.2 Premium Pricing of MRI Systems
5.2.2.3 Global Helium Shortage
5.2.3 Opportunities
5.2.3.1 Emergence of Helium-Free MRI Systems
5.2.3.2 AI Integration with MRI Technology for Process Optimization
5.2.4 Challenges
5.2.4.1 Limited Capital Budgets
5.2.4.2 Dearth of Trained and Skilled Professionals
5.3 Porter's Five Forces Analysis
5.4 Regulatory Landscape
5.4.1 Regulatory Bodies, Government Agencies, and Other Organizations
5.4.2 Regulations, by Region
5.4.2.1 North America
5.4.2.1.1 US
5.4.2.1.2 Canada
5.4.2.2 Europe
5.4.2.3 Asia-Pacific
5.4.2.3.1 Japan
5.4.2.3.2 China
5.4.2.3.3 India
5.5 Reimbursement Scenario Analysis
5.5.1 Relevant Reimbursement Code, by Country
5.5.2 Reimbursement Trends, by Region, 2022-2024
5.5.2.1 North America
5.5.2.2 Europe
5.5.2.3 Asia-Pacific
5.5.2.4 Latin America
5.5.2.5 Middle East & Africa
5.6 Ecosystem Analysis
5.7 Value Chain Analysis
5.7.1 R&D
5.7.2 Raw Material Procurement and Product Development
5.7.3 Marketing, Sales, and Distribution
5.7.4 Aftermarket Services
5.8 Supply Chain Analysis
5.8.1 Prominent Companies
5.8.2 Small and Medium-Sized Enterprises
5.8.3 End-users
5.8.4 Sales and Distribution
5.9 Pricing Analysis
5.9.1 Average Selling Price Trend, by Key Player, 2022-2024
5.9.2 Average Selling Price Trend, by Region, 2022-2024
5.10 Patent Analysis
5.11 Trade Analysis
5.11.1 Import Scenario
5.11.2 Export Scenario
5.12 Technology Analysis
5.12.1 Key Technologies
5.12.1.1 Ultrafast Imaging Technologies
5.12.1.2 Ultra-High-Field MRI
5.12.2 Complementary Technologies
5.12.2.1 Advanced Coil Technology
5.12.2.2 Weight-Bearing MRI Imaging
5.12.3 Adjacent Technologies
5.12.3.1 AI and Machine Learning in MRI Imaging
5.13 Trends/Disruptions Impacting Customer Business
5.14 Investment & Funding Scenario
5.15 Key Conferences and Events, 2025-2026
5.16 Key Stakeholders and Buying Criteria
5.16.1 Key Stakeholders in Buying Process
5.16.2 Key Buying Criteria
5.17 Case Study Analysis
5.17.1 Expanding Access to MRI Systems
5.18 MRI Scan Applications, 2022-2024
5.19 Impact of AI on MRI Systems Market
5.19.1 Introduction
5.19.2 Market Potential of MRI Systems
5.19.3 Key Companies Implementing AI
5.19.4 Future of AI in MRI Systems Market Ecosystem
5.20 US Tariff 2025
5.20.1 Introduction
5.20.2 Key Tariff Rates
5.20.3 Price Impact Analysis
5.20.4 Impact on Country/Region
5.20.4.1 US
5.20.4.2 Europe
5.20.4.3 Asia-Pacific
5.20.5 Impact on End Use Industries
6 MRI Systems Market, by Application
6.1 Introduction
6.2 Brain & Neurological MRI
6.2.1 Rise in Neurodegenerative Diseases to Drive Market
6.3 Spine & Musculoskeletal MRI
6.3.1 Growing Prevalence of Musculoskeletal Disorders to Drive Market
6.4 Vascular MRI
6.4.1 Use of Vascular MRI as Alternative to CT to Support Market Growth
6.5 Pelvic & Abdominal MRI
6.5.1 Need for Detecting Prostate and Cervical Cancers to Propel Market
6.6 Breast MRI
6.6.1 Growing Awareness Regarding Early Breast Cancer Screening to Drive Market
6.7 Cardiac MRI
6.7.1 Rising Incidence of Cvd to Support Market Growth
6.8 Pediatric MRI
6.8.1 Need for Efficient Diagnostic Accuracy and Early Detection to Promote Use of Pediatric MRI
6.9 Other Applications
7 MRI Systems Market, by Architecture
7.1 Introduction
7.2 Closed MRI Systems
7.2.1 Standard Bore MRI Systems
7.2.1.1 High Accuracy and Improved Sensitivity of Systems to Propel Market
7.2.2 Wide-Bore MRI Systems
7.2.2.1 High-Quality MRI Images and Improved Patient Comfort to Drive Market
7.3 Open MRI Systems
7.3.1 Use of Open MRI Systems for Children and Obese Patients to Drive Market
8 MRI Systems Market, by Design
8.1 Introduction
8.2 Fixed/Stationary MRI Systems
8.2.1 Floor-Fixed MRI Systems
8.2.1.1 High Flexibility and Low Initial Installation Costs to Drive Demand
8.2.2 Ceiling-Fixed MRI Systems
8.2.2.1 Need for MRI Systems with High Stability and More Space to Drive Market
8.3 Portable MRI Systems
8.3.1 Adoption of Portable/Mobile MRI Systems due to Their Cost-Effectiveness and Flexibility to Boost Growth
9 MRI Systems Market, by Field Strength
9.1 Introduction
9.2 High-To-Very-High-Field MRI Systems
9.2.1 1.5T
9.2.1.1 Rising Use of 1.5T MRI Systems for Routine Examinations to Propel Market
9.2.2 3T
9.2.2.1 Increasing Use of 3T MRI Systems to Obtain High-Quality Images to Drive Market
9.3 Low-To-Mid-Field MRI Systems
9.3.1 Rising Adoption of Oxygen-Enhanced MRI Systems to Drive Market
9.4 Ultra-High-Field MRI Systems
9.4.1 Rising Innovation and Advancements to Support Demand for Ultra-High-Field Systems
10 MRI Systems Market, by End-user
10.1 Introduction
10.2 Hospitals
10.2.1 Increasing Adoption of Advanced MRI Systems to Propel Market
10.3 Diagnostic Imaging Centers
10.3.1 Rising Development of Private Imaging Centers to Fuel Market
10.4 Other End-users
11 MRI Systems Market, by Region
11.1 Introduction
11.2 North America
11.2.1 North America: Macroeconomic Outlook
11.2.2 US
11.2.2.1 Strategic Reforms in Reimbursements and Partnerships to Drive Market
11.2.3 Canada
11.2.3.1 Progressive Government Policies and Growing Pulse of Diagnostic Imaging to Spur Market
11.3 Europe
11.3.1 Europe: Macroeconomic Outlook
11.3.2 Germany
11.3.2.1 Digital Push in Healthcare Access and Supportive Government Policies to Drive Market
11.3.3 UK
11.3.3.1 Strategic Developments in Diagnostic Imaging Niche to Propel Market
11.3.4 France
11.3.4.1 Increasing Patient Population and Reforms in MRI Coverage Policies to Boost Growth
11.3.5 Italy
11.3.5.1 Progressive Government Initiatives and Strong Corporate Collaborations to Propel
11.3.6 Spain
11.3.6.1 Strategic Policy Reforms and Technological Advancements in Preclinical MRI to Drive Market
11.3.7 Rest of Europe
11.4 Asia-Pacific
11.4.1 Asia-Pacific: Macroeconomic Outlook
11.4.2 Japan
11.4.2.1 Strong Healthcare Infrastructure and Supportive Government Reimbursement Policies to Boost Growth
11.4.3 China
11.4.3.1 Policy Reforms, Progressive Infrastructure Plans, and Foreign Collaborations to Boost Market
11.4.4 India
11.4.4.1 Industry Collaboration and Public-Private Synergy to Expand Diagnostic Imaging Landscape
11.4.5 Australia
11.4.5.1 New Research Initiatives and Policy Enhancements to Promote Growth
11.4.6 South Korea
11.4.6.1 Supportive Government Policies to Promote Growth
11.4.7 Rest of Asia-Pacific
11.5 Latin America
11.5.1 Latin America: Macroeconomic Outlook
11.5.2 Brazil
11.5.2.1 Increased Burden of Diseases and Growing Adoption of Healthcare Insurance to Drive Market
11.5.3 Mexico
11.5.3.1 Industry Partnerships to Drive Market Growth
11.5.4 Rest of Latin America
11.6 Middle East & Africa
11.6.1 Middle East & Africa: Macroeconomic Outlook
11.6.2 GCC Countries
11.6.2.1 Favorable Government Initiatives to Contribute to Market Growth
11.6.3 Rest of Middle East & Africa
11.6.3.1 Increased Adoption of Mass Spectrometers to Contribute to Growth
12 Competitive Landscape
12.1 Introduction
12.2 Key Players’ Strategies/Right to Win
12.3 Revenue Share Analysis, 2020-2024
12.4 Market Share Analysis
12.5 Ranking of Key Players, 2024
12.6 Company Valuation and Financial Metrics
12.7 Brand/Product Comparison
12.8 Company Evaluation Matrix: Key Players, 2024
12.8.1 Stars
12.8.2 Pervasive Players
12.8.3 Emerging Leaders
12.8.4 Participants
12.8.5 Company Footprint: Key Players, 2024
12.8.5.1 Company Footprint
12.8.5.2 Field Strength Footprint
12.8.5.3 Application Footprint
12.8.5.4 End-user Footprint
12.8.5.5 Region Footprint
12.9 Company Evaluation Matrix: Startups/SMEs, 2024
12.9.1 Progressive Companies
12.9.2 Responsive Companies
12.9.3 Dynamic Companies
12.9.4 Starting Blocks
12.9.5 Competitive Benchmarking of Startups/SMEs, 2024
12.9.5.1 Detailed List of Key Startups/SMEs
12.9.5.2 Competitive Benchmarking of Key Startups/SMEs
12.10 Competitive Scenario
12.10.1 Product Launches and Approvals
12.10.2 Deals
12.10.3 Expansions
13 Company Profiles
13.1 Key Players
13.1.1 Siemens Healthineers
13.1.1.1 Business Overview
13.1.1.2 Products Offered
13.1.1.3 Recent Developments
13.1.1.3.1 Product Launches and Approvals
13.1.1.3.2 Deals
13.1.1.3.3 Expansions
13.1.1.4 Analyst's View
13.1.1.4.1 Key Strengths/Right to Win
13.1.1.4.2 Strategic Choices
13.1.1.4.3 Weaknesses and Competitive Threats
13.1.2 Koninklijke Philips N.V.
13.1.2.1 Business Overview
13.1.2.2 Products Offered
13.1.2.3 Recent Developments
13.1.2.3.1 Product Launches and Approvals
13.1.2.3.2 Deals
13.1.2.3.3 Expansions
13.1.2.4 Analyst's View
13.1.2.4.1 Key Strengths/Right to Win
13.1.2.4.2 Strategic Choices
13.1.2.4.3 Weaknesses and Competitive Threats
13.1.3 GE Healthcare
13.1.3.1 Business Overview
13.1.3.2 Products Offered
13.1.3.3 Recent Developments
13.1.3.3.1 Product Launches and Approvals
13.1.3.3.2 Deals
13.1.3.3.3 Expansions
13.1.3.4 Analyst's View
13.1.3.4.1 Key Strengths/Right to Win
13.1.3.4.2 Strategic Choices
13.1.3.4.3 Weaknesses and Competitive Threats
13.1.4 Canon Medical Systems
13.1.4.1 Business Overview
13.1.4.2 Products Offered
13.1.4.3 Recent Developments
13.1.4.3.1 Product Launches and Approvals
13.1.4.3.2 Deals
13.1.4.4 Analyst's View
13.1.4.4.1 Key Strengths/Right to Win
13.1.4.4.2 Strategic Choices
13.1.4.4.3 Weaknesses and Competitive Threats
13.1.5 Fujifilm Corporation
13.1.5.1 Business Overview
13.1.5.2 Products Offered
13.1.5.3 Recent Developments
13.1.5.3.1 Product Launches and Approvals
13.1.5.3.2 Deals
13.1.5.4 Analyst's View
13.1.5.4.1 Key Strengths/Right to Win
13.1.5.4.2 Strategic Choices
13.1.5.4.3 Weaknesses and Competitive Threats
13.1.6 Fonar Corporation
13.1.6.1 Business Overview
13.1.6.2 Products Offered
13.1.6.3 Recent Developments
13.1.6.3.1 Deals
13.1.7 Esaote S.P.A
13.1.7.1 Business Overview
13.1.7.2 Products Offered
13.1.7.3 Recent Developments
13.1.7.3.1 Product Launches and Approvals
13.1.7.3.2 Deals
13.1.8 Shanghai United Imaging Healthcare Co. Ltd.
13.1.8.1 Business Overview
13.1.8.2 Products Offered
13.1.8.3 Recent Developments
13.1.8.3.1 Product Launches and Approvals
13.1.8.3.2 Deals
13.1.8.3.3 Expansions
13.1.9 Aspect Imaging Ltd.
13.1.9.1 Business Overview
13.1.9.2 Products Offered
13.1.10 Time Medical Holding
13.1.10.1 Business Overview
13.1.10.2 Products Offered
13.1.10.3 Recent Developments
13.1.10.3.1 Product Launches and Approvals
13.1.10.3.2 Deals
13.1.10.3.3 Expansions
13.1.11 Neusoft Medical Systems Co. Ltd.
13.1.11.1 Business Overview
13.1.11.2 Products Offered
13.1.11.3 Recent Developments
13.1.11.3.1 Deals
13.1.12 Sternmed GmbH
13.1.12.1 Business Overview
13.1.12.2 Products Offered
13.1.12.3 Recent Developments
13.1.12.3.1 Deals
13.1.13 Hyperfine, Inc.
13.1.13.1 Business Overview
13.1.13.2 Products Offered
13.1.13.3 Recent Developments
13.1.13.3.1 Deals
13.1.14 Shenzhen Basda Medical Apparatus Co. Ltd.
13.1.14.1 Business Overview
13.1.14.2 Products Offered
13.1.15 Shenzhen Anke High-Tech. Ltd.
13.1.15.1 Business Overview
13.1.15.2 Products Offered
13.2 Other Players
13.2.1 Magnetica Ltd
13.2.2 Aurora Healthcare US Corp
13.2.3 Innervision MRI Ltd.
13.2.4 Beijing Wandong Medical Technology Co. Ltd.
13.2.5 Medonica Co. Ltd
13.2.6 Neoscan Solutions GmbH
13.2.7 Kangda Intercontinental Medical Equipment Co. Ltd.
13.2.8 Minfound Medical Systems Co. Ltd.
13.2.9 Synaptive Medical
13.2.10 Xingaoyi Medical Equipment Co. Ltd
14 Appendix
14.1 Discussion Guide
14.2 Knowledgestore: The Subscription Portal
14.3 Customization Options
List of Tables
Table 1 Market Dynamics: Impact Analysis
Table 2 Impact of Porter's Forces on MRI Systems Market
Table 3 Regulatory Bodies, Government Agencies, and Other Organizations
Table 4 US Fda: Medical Device Classification
Table 5 US: Medical Device Regulatory Approval Process
Table 6 Canada: Medical Device Regulatory Approval Process
Table 7 Japan: Medical Device Classification Under Pmda
Table 8 China: Classification of Medical Devices
Table 9 North America: Relevant MRI Reimbursement Code
Table 10 Europe: Relevant MRI Reimbursement Code
Table 11 Asia-Pacific: Relevant MRI Reimbursement Code
Table 12 Role of Companies/Organizations in Market Ecosystem
Table 13 Average Selling Pricing Trend of MRI Systems, by Key Player, 2022-2024
Table 14 Average Selling Pricing Trend of MRI Systems, by Region, 2022-2024
Table 15 Innovations and Patent Registrations, 2023-2024
Table 16 Import Data for HS Code 9018-Compliant Products, by Country, 2020-2024 (USD Thousand)
Table 17 Export Data for HS Code 9018-Compliant Products, by Country, 2020-2024 (USD Thousand)
Table 18 Key Conferences and Events, 2025-2026
Table 19 Influence of Stakeholders on Buying Process, by Field Strength
Table 20 Key Buying Criteria, by End-user
Table 21 Expanding Access to MRI Systems
Table 22 MRI Scan Applications, by Region, 2022 (‘000 Units)
Table 23 MRI Scan Applications, by Region, 2023 (‘000 Units)
Table 24 MRI Scan Applications, by Region, 2024 (‘000 Units)
Table 25 Reciprocal Tariff Rates Adjusted by US
Table 26 MRI Systems Market, by Application, 2023-2030 (USD Million)
Table 27 MRI Systems Market for Brain & Neurological MRI, by Region, 2023-2030 (USD Million)
Table 28 MRI Systems Market for Spine & Musculoskeletal MRI, by Region, 2023-2030 (USD Million)
Table 29 MRI Systems Market for Vascular MRI, by Region, 2023-2030 (USD Million)
Table 30 MRI Systems Market for Pelvic & Abdominal MRI, by Region, 2023-2030 (USD Million)
Table 31 MRI Systems Market for Breast MRI, by Region, 2023-2030 (USD Million)
Table 32 MRI Systems Market for Cardiac MRI, by Region, 2023-2030 (USD Million)
Table 33 MRI Systems Market for Pediatric MRI, by Region, 2023-2030 (USD Million)
Table 34 MRI Systems Market for Other Applications, by Region, 2023-2030 (USD Million)
Table 35 MRI Systems Market, by Architecture, 2023-2030 (USD Million)
Table 36 Closed MRI Systems Market, by Type, 2023-2030 (USD Million)
Table 37 Closed MRI Systems Market, by Region, 2023-2030 (USD Million)
Table 38 Standard Bore MRI Systems Market, by Region, 2023-2030 (USD Million)
Table 39 Wide-Bore MRI Systems Market, by Region, 2023-2030 (USD Million)
Table 40 Open MRI Systems Market, by Region, 2023-2030 (USD Million)
Table 41 MRI Systems Market, by Design, 2023-2030 (USD Million)
Table 42 Fixed/Stationary MRI Systems Market, by Type, 2023-2030 (USD Million)
Table 43 Fixed/Stationary MRI Systems Market, by Region, 2023-2030 (USD Million)
Table 44 Floor-Fixed MRI Systems Market, by Region, 2023-2030 (USD Million)
Table 45 Ceiling-Fixed MRI Systems Market, by Region, 2023-2030 (USD Million)
Table 46 Portable MRI Systems Market, by Region, 2023-2030 (USD Million)
Table 47 MRI Systems Market, by Field Strength, 2023-2030 (USD Million)
Table 48 High-To-Very-High-Field MRI Systems Market, by Region, 2023-2030 (USD Million)
Table 49 High-To-Very-High-Field MRI Systems Market, by Region, 2022-2024 (Units)
Table 50 1.5T MRI Systems Market, by Region, 2023-2030 (USD Million)
Table 51 1.5T MRI Systems Market, by Region, 2022-2024 (Units)
Table 52 3T MRI Systems Market, by Region, 2023-2030 (USD Million)
Table 53 3T MRI Systems Market, by Region, 2022-2024 (Units)
Table 54 Low-To-Mid-Field MRI Systems Market, by Region, 2023-2030 (USD Million)
Table 55 Low-To-Mid-Field MRI Systems Market, by Region, 2022-2024 (Units)
Table 56 Ultra-High-Field MRI Systems Market, by Region, 2023-2030 (USD Million)
Table 57 Ultra-High-Field MRI Systems Market, by Region, 2022-2024 (Units)
Table 58 MRI Systems Market, by End-user, 2023-2030 (USD Million)
Table 59 MRI Systems Market for Hospitals, by Region, 2023-2030 (USD Million)
Table 60 MRI Systems Market for Diagnostic Imaging Centers, by Region, 2023-2030 (USD Million)
Table 61 MRI Systems Market for Other End-users, by Region, 2023-2030 (USD Million)
Table 62 MRI Systems Market, by Region, 2023-2030 (USD Million)
Table 63 North America: Macroeconomic Outlook
Table 64 North America: MRI Systems Market, by Country, 2023-2030 (USD Million)
Table 65 North America: MRI Systems Market, by Field Strength, 2023-2030 (USD Million)
Table 66 North America: High-To-Very-High-Field MRI Systems Market, by Type, 2023-2030 (USD Million)
Table 67 North America: MRI Systems Market, by Architecture, 2023-2030 (USD Million)
Table 68 North America: Closed MRI Systems Market, by Type, 2023-2030 (USD Million)
Table 69 North America: MRI Systems Market, by Design, 2023-2030 (USD Million)
Table 70 North America: Fixed/Stationary MRI Systems Market, by Type, 2023-2030 (USD Million)
Table 71 North America: MRI Systems Market, by Application, 2023-2030 (USD Million)
Table 72 North America: MRI Systems Market, by End-user, 2023-2030 (USD Million)
Table 73 US: MRI Systems Market, by Field Strength, 2023-2030 (USD Million)
Table 74 US: High-To-Very-High-Field MRI Systems Market, by Type, 2023-2030 (USD Million)
Table 75 Canada: MRI Systems Market, by Field Strength, 2023-2030 (USD Million)
Table 76 Canada: High-To-Very-High-Field MRI Systems Market, by Type, 2023-2030 (USD Million)
Table 77 Europe: Macroeconomic Outlook
Table 78 Europe: MRI Systems Market, by Country, 2023-2030 (USD Million)
Table 79 Europe: MRI Systems Market, by Field Strength, 2023-2030 (USD Million)
Table 80 Europe: High-To-Very-High-Field MRI Systems Market, by Type, 2023-2030 (USD Million)
Table 81 Europe: MRI Systems Market, by Architecture, 2023-2030 (USD Million)
Table 82 Europe: Closed MRI Systems Market, by Type, 2023-2030 (USD Million)
Table 83 Europe: MRI Systems Market, by Design, 2023-2030 (USD Million)
Table 84 Europe: Fixed/Stationary MRI Systems Market, by Type, 2023-2030 (USD Million)
Table 85 Europe: MRI Systems Market, by Application, 2023-2030 (USD Million)
Table 86 Europe: MRI Systems Market, by End-user, 2023-2030 (USD Million)
Table 87 Germany: MRI Systems Market, by Field Strength, 2023-2030 (USD Million)
Table 88 Germany: High-To-Very-High-Field MRI Systems Market, by Type, 2023-2030 (USD Million)
Table 89 UK: MRI Systems Market, by Field Strength, 2023-2030 (USD Million)
Table 90 UK: High-To-Very-High-Field MRI Systems Market, by Type, 2023-2030 (USD Million)
Table 91 France: MRI Systems Market, by Field Strength, 2023-2030 (USD Million)
Table 92 France: High-To-Very-High-Field MRI Systems, by Type, 2023-2030 (USD Million)
Table 93 Italy: MRI Systems Market, by Field Strength, 2023-2030 (USD Million)
Table 94 Italy: High-To-Very-High-Field MRI Systems Market, by Type, 2023-2030 (USD Million)
Table 95 Spain: MRI Systems Market, by Field Strength, 2023-2030 (USD Million)
Table 96 Spain: High-To-Very-High-Field MRI Systems Market, by Type, 2023-2030 (USD Million)
Table 97 Rest of Europe: MRI Systems Market, by Field Strength, 2023-2030 (USD Million)
Table 98 Rest of Europe: High-To-Very-High-Field MRI Systems Market, by Type, 2023-2030 (USD Million)
Table 99 Asia-Pacific: Macroeconomic Outlook
Table 100 Asia-Pacific: MRI Systems Market, by Country, 2023-2030 (USD Million)
Table 101 Asia-Pacific: MRI Systems Market, by Field Strength, 2023-2030 (USD Million)
Table 102 Asia-Pacific: High-To-Very-High-Field MRI Systems Market, by Type, 2023-2030 (USD Million)
Table 103 Asia-Pacific: MRI Systems Market, by Architecture, 2023-2030 (USD Million)
Table 104 Asia-Pacific: Closed MRI Systems Market, by Type, 2023-2030 (USD Million)
Table 105 Asia-Pacific: MRI Systems Market, by Design, 2023-2030 (USD Million)
Table 106 Asia-Pacific: Fixed/Stationary MRI Systems Market, by Type, 2023-2030 (USD Million)
Table 107 Asia-Pacific: MRI Systems Market, by Application, 2023-2030 (USD Million)
Table 108 Asia-Pacific: MRI Systems Market, by End-user, 2023-2030 (USD Million)
Table 109 Japan: MRI Systems Market, by Field Strength, 2023-2030 (USD Million)
Table 110 Japan: High-To-Very-High-Field MRI Systems Market, by Type, 2023-2030 (USD Million)
Table 111 China: MRI Systems Market, by Field Strength, 2023-2030 (USD Million)
Table 112 China: High-To-Very-High-Field MRI Systems Market, by Type, 2023-2030 (USD Million)
Table 113 India: MRI Systems Market, by Field Strength, 2023-2030 (USD Million)
Table 114 India: High-To-Very-High-Field MRI Systems Market, by Type, 2023-2030 (USD Million)
Table 115 Australia: MRI Systems Market, by Field Strength, 2023-2030 (USD Million)
Table 116 Australia: High-To-Very-High-Field MRI Systems Market, by Type, 2023-2030 (USD Million)
Table 117 South Korea: MRI Systems Market, by Field Strength, 2023-2030 (USD Million)
Table 118 South Korea: High-To-Very-High-Field MRI Systems Market, by Type, 2023-2030 (USD Million)
Table 119 Rest of Asia-Pacific: MRI Systems Market, by Field Strength, 2023-2030 (USD Million)
Table 120 Rest of Asia-Pacific: High-To-Very-High-Field MRI Systems Market, by Type, 2023-2030 (USD Million)
Table 121 Latin America: Macroeconomic Outlook
Table 122 Latin America: MRI Systems Market, by Country, 2023-2030 (USD Million)
Table 123 Latin America: MRI Systems Market, by Field Strength, 2023-2030 (USD Million)
Table 124 Latin America: High-To-Very-High-Field MRI Systems Market, by Type, 2023-2030 (USD Million)
Table 125 Latin America: MRI Systems Market, by Architecture, 2023-2030 (USD Million)
Table 126 Latin America: Closed MRI Systems Market, by Type, 2023-2030 (USD Million)
Table 127 Latin America: MRI Systems Market, by Design, 2023-2030 (USD Million)
Table 128 Latin America: Fixed/Stationary MRI Systems Market, by Type, 2023-2030 (USD Million)
Table 129 Latin America: MRI Systems Market, by Application, 2023-2030 (USD Million)
Table 130 Latin America: MRI Systems Market, by End-user, 2023-2030 (USD Million)
Table 131 Brazil: MRI Systems Market, by Field Strength, 2023-2030 (USD Million)
Table 132 Brazil: High-To-Very-High-Field MRI Systems, by Type, 2023-2030 (USD Million)
Table 133 Mexico: MRI Systems Market, by Field Strength, 2023-2030 (USD Million)
Table 134 Mexico: High-To-Very-High-Field MRI Systems Market, by Type, 2023-2030 (USD Million)
Table 135 Rest of Latin America: MRI Systems Market, by Field Strength, 2023-2030 (USD Million)
Table 136 Rest of Latin America: High-To-Very-High-Field MRI Systems Market, by Type, 2023-2030 (USD Million)
Table 137 Middle East & Africa: Macroeconomic Outlook
Table 138 Middle East & Africa: MRI Systems Market, by Country, 2023-2030 (USD Million)
Table 139 Middle East & Africa: MRI Systems Market, by Field Strength, 2023-2030 (USD Million)
Table 140 Middle East & Africa: High-To-Very-High-Field MRI Systems Market, by Type, 2023-2030 (USD Million)
Table 141 Middle East & Africa: MRI Systems Market, by Architecture, 2023-2030 (USD Million)
Table 142 Middle East & Africa: Closed MRI Systems Market, by Type, 2023-2030 (USD Million)
Table 143 Middle East & Africa: MRI Systems Market, by Design, 2023-2030 (USD Million)
Table 144 Middle East & Africa: Fixed/Stationary MRI Systems Market, by Type, 2023-2030 (USD Million)
Table 145 Middle East & Africa: MRI Systems Market, by Application, 2023-2030 (USD Million)
Table 146 Middle East & Africa: MRI Systems Market, by End-user, 2023-2030 (USD Million)
Table 147 GCC Countries: MRI Systems Market, by Field Strength, 2023-2030 (USD Million)
Table 148 GCC Countries: High-To-Very-High-Field MRI Systems Market, by Type, 2023-2030 (USD Million)
Table 149 Rest of Middle East & Africa: MRI Systems Market, by Field Strength, 2023-2030 (USD Million)
Table 150 Rest of Middle East & Africa: High-To-Very-High-Field MRI Systems Market, by Type, 2023-2030 (USD Million)
Table 151 Overview of Strategies Adopted by Key Players in MRI Systems Market, 2021-2025
Table 152 MRI Systems Market: Degree of Competition
Table 153 MRI Systems Market: Field Strength Footprint
Table 154 MRI Systems Market: Application Footprint
Table 155 MRI Systems Market: End-user Footprint
Table 156 MRI Systems Market: Region Footprint
Table 157 MRI Systems Market: Detailed List of Key Startups/SMEs
Table 158 MRI Systems Market: Competitive Benchmarking of Key Startups/SMEs
Table 159 MRI Systems Market: Product Launches and Approvals, January 2021-April 2025
Table 160 MRI Systems Market: Deals, January 2021-April 2025
Table 161 MRI Systems Market: Expansions, January 2021-April 2025
Table 162 Siemens Healthineers: Company Overview
Table 163 Siemens Healthineers: Products Offered
Table 164 Siemens Healthineers: Product Launches and Approvals, January 2021-April 2025
Table 165 Siemens Healthineers: Deals, January 2021-April 2025
Table 166 Siemens Healthineers: Expansions, January 2021-April 2025
Table 167 Koninklijke Philips N.V.: Company Overview
Table 168 Koninklijke Philips N.V.: Products Offered
Table 169 Koninklijke Philips N.V.: Product Launches and Approvals, January 2021-April 2025
Table 170 Koninklijke Philips N.V.: Deals, January 2021-April 2025
Table 171 Koninklijke Philips N.V.: Expansions, January 2021-April 2025
Table 172 GE Healthcare: Company Overview
Table 173 GE Healthcare: Products Offered
Table 174 GE Healthcare: Product Launches and Approvals, January 2021-April 2025
Table 175 GE Healthcare: Deals, January 2021-April 2025
Table 176 GE Healthcare: Expansions, January 2021-April 2025
Table 177 Canon Medical Systems: Company Overview
Table 178 Canon Medical Systems: Products Offered
Table 179 Canon Medical Systems: Product Launches and Approvals, January 2021-April 2025
Table 180 Canon Medical Systems: Deals, January 2021-April 2025
Table 181 Fujifilm Corporation: Company Overview
Table 182 Fujifilm Corporation: Products Offered
Table 183 Fujifilm Corporation: Product Launches and Approvals, January 2021-April 2025
Table 184 Fujifilm Corporation: Deals, January 2021-April 2025
Table 185 Fonar Corporation: Company Overview
Table 186 Fonar Corporation: Products Offered
Table 187 Fonar Corporation: Deals, January 2021-April 2025
Table 188 Esaote Spa: Company Overview
Table 189 Esaote Spa: Products Offered
Table 190 Esaote Spa: Product Launches and Approvals, January 2021-April 2025
Table 191 Esaote Spa: Deals, January 2021-April 2025
Table 192 Shanghai United Imaging Healthcare Co. Ltd.: Company Overview
Table 193 Shanghai United Imaging Healthcare Co. Ltd.: Products Offered
Table 194 Shanghai United Imaging Healthcare Co. Ltd.: Product Launches and Approvals, January 2021-April 2025
Table 195 Shanghai United Imaging Healthcare Co. Ltd.: Deals, January 2021-April 2025
Table 196 Shanghai United Imaging Healthcare Co. Ltd.: Expansions, January 2021-April 2025
Table 197 Aspect Imaging Ltd.: Company Overview
Table 198 Aspect Imaging Ltd.: Products Offered
Table 199 Time Medical Holding: Company Overview
Table 200 Time Medical Holding: Products Offered
Table 201 Time Medical Holding: Product Launches and Approvals, January 2021-April 2025
Table 202 Time Medical Holding: Deals, January 2021-April 2025
Table 203 Time Medical Holding: Expansions, January 2021-April 2025
Table 204 Neusoft Medical Systems Co. Ltd.: Company Overview
Table 205 Neusoft Medical Systems Co. Ltd.: Products Offered
Table 206 Neusoft Medical Systems Co. Ltd.: Deals, January 2021-April 2025
Table 207 Sternmed GmbH: Company Overview
Table 208 Sternmed GmbH: Products Offered
Table 209 Sternmed GmbH: Deals, January 2021-April 2025
Table 210 Hyperfine, Inc.: Company Overview
Table 211 Hyperfine, Inc.: Products Offered
Table 212 Hyperfine, Inc.: Deals, January 2021-April 2025
Table 213 Shenzhen Basda Medical Apparatus Co. Ltd.: Company Overview
Table 214 Shenzhen Basda Medical Apparatus Co. Ltd.: Products Offered
Table 215 Shenzhen Anke High-Tech. Ltd.: Company Overview
Table 216 Shenzhen Anke High-Tech. Ltd.: Products Offered
Table 217 Magnetica Ltd.: Company Overview
Table 218 Aurora Healthcare US Corp: Company Overview
Table 219 Innervision MRI Ltd.: Company Overview
Table 220 Beijing Wandong Medical Technology Co. Ltd.: Company Overview
Table 221 Medonica Co. Ltd.: Company Overview
Table 222 Neoscan Solutions GmbH: Company Overview
Table 223 Kangda Intercontinental Medical Equipment Co. Ltd.: Company Overview
Table 224 Minfound Medical Systems Co. Ltd.: Company Overview
Table 225 Synaptive Medical: Company Overview
Table 226 Xingaoyi Medical Equipment Co,. Ltd.: Company Overview
List of Figures
Figure 1 Research Design
Figure 2 Breakdown of Primary Interviews: Supply-Side and Demand-Side Participants
Figure 3 Breakdown of Primary Interviews: by Company Type, Designation, and Region
Figure 4 Research Methodology: Hypothesis Building
Figure 5 Approach 1 (Company Revenue Estimation)
Figure 6 Revenue Share Analysis: Illustrative Example of Siemens Healthineers
Figure 7 Approach 2: Customer-based Market Estimation
Figure 8 CAGR Projections: Supply-Side Analysis
Figure 9 Data Triangulation Methodology
Figure 10 MRI Systems Market, by Field Strength, 2025 vs. 2030 (USD Million)
Figure 11 MRI Systems Market, by Architecture, 2025 vs. 2030 (USD Million)
Figure 12 MRI Systems Market, by Application, 2025 vs. 2030 (USD Million)
Figure 13 MRI Systems Market, by End-user, 2025 vs. 2030 (USD Million)
Figure 14 MRI Systems Market: Geographic Snapshot
Figure 15 Rising Prevalence of Chronic Diseases to Drive Market
Figure 16 High-To-Very-High-Field MRI Systems Segment to Dominate Market in 2025
Figure 17 Brain & Neurological MRI Segment to Account for Largest Share During Forecast Period
Figure 18 Hospitals Segment to Account for Largest Share in 2025
Figure 19 China to Witness Highest Growth During Forecast Period
Figure 20 MRI Systems Market: Drivers, Restraints, Opportunities, and Challenges
Figure 21 Porter's Five Forces Analysis
Figure 22 Ecosystem Analysis
Figure 23 Value Chain Analysis
Figure 24 Supply Chain Analysis
Figure 25 Average Selling Price Trend of MRI Systems, by Key Player, 2022-2024 (USD Million)
Figure 26 Average Selling Price Trend of MRI Systems, by Region, 2022-2024 (USD Million)
Figure 27 Patents Granted, 2014-2024
Figure 28 Import Data for HS Code 9018-Compliant Products, by Country, 2020-2024 (USD Thousand)
Figure 29 Export Data for HS Code 9018-Compliant Products, by Country, 2020-2024 (USD Thousand)
Figure 30 New Revenue Pockets for Players in MRI Systems Market
Figure 31 Investment & Funding Scenario, 2019-2023 (USD Million)
Figure 32 Number of Deals, by Key Player, 2019-2023
Figure 33 Total Value of Deals, by Key Player, 2019-2023 (USD Million)
Figure 34 Influence of Stakeholders on Buying Process, by Field Strength
Figure 35 Key Buying Criteria, by End-user
Figure 36 AI-Integrated MRI Systems: Use Cases
Figure 37 Price Impact Analysis
Figure 38 North America: MRI Systems Market Snapshot
Figure 39 Asia-Pacific: MRI Systems Market Snapshot
Figure 40 Revenue Analysis of Top Five Players, 2020-2024 (USD Million)
Figure 41 Market Share of Key Players, 2024
Figure 42 Ranking of Key Players, 2024
Figure 43 EV/Ebitda of Top Three Players, 2025
Figure 44 Year-To-Date (YTD) Price Total Return and 5-Year Stock Beta of Top Three Vendors, 2025
Figure 45 Brand/Product Comparison
Figure 46 MRI Systems Market: Company Evaluation Matrix (Key Players), 2024
Figure 47 Company Footprint
Figure 48 MRI Systems Market: Company Evaluation Matrix (Startups/SMEs), 2024
Figure 49 Siemens Healthineers: Company Snapshot (2024)
Figure 50 Koninklijke Philips N.V.: Company Snapshot (2024)
Figure 51 GE Healthcare: Company Snapshot (2024)
Figure 52 Canon Medical Systems: Company Snapshot (2024)
Figure 53 Fujifilm Corporation: Company Snapshot (2024)
Figure 54 Fonar Corporation: Company Snapshot (2024)
Figure 55 Shanghai United Imaging Healthcare Co. Ltd.: Company Snapshot (2024)
Figure 56 Hyperfine, Inc.: Company Snapshot (2024)

Companies Mentioned

  • Siemens Healthineers
  • Koninklijke Philips N.V.
  • GE Healthcare
  • Canon Medical Systems
  • FUJIFILM Corporation
  • FONAR Corporation
  • Esaote S.p.A.
  • Shanghai United Imaging Healthcare Co. Ltd.
  • Aspect Imaging Ltd.
  • Time Medical Holding
  • Neusoft Medical Systems Co. Ltd.
  • SternMed GmbH
  • Hyperfine, Inc.
  • Shenzhen Basda Medical Apparatus Co. Ltd.
  • Shenzhen Anke High-Tech Ltd.
  • Magnetica Ltd.
  • Aurora Healthcare US Corp
  • InnerVision MRI Ltd.
  • Beijing Wandong Medical Technology Co. Ltd.
  • Medonica Co. Ltd.
  • Neoscan Solutions GmbH
  • Kangda Intercontinental Medical Equipment Co. Ltd.
  • MinFound Medical Systems Co. Ltd.
  • Synaptive Medical
  • Xingaoyi Medical Equipment Co. Ltd.

Methodology

Methodology DOWNLOAD NOW

Table Information

Report AttributeDetails
No. of Pages260
PublishedMay 2025
Forecast Period2025 - 2030
Estimated Market Value ( USD ) in 2025 $ 6.5 Billion
Forecasted Market Value ( USD ) by 2030 $ 9 Billion
Compound Annual Growth Rate6.5%
Regions CoveredGlobal
No. of Companies Mentioned25

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About the MRI Machine Market

The Magnetic Resonance Imaging (MRI) Machine market is a highly specialized sector of the medical imaging industry. It is composed of a variety of MRI systems, including open MRI, closed MRI, and ultra-high field MRI. These systems are used to diagnose and treat a wide range of medical conditions, from cancer to neurological disorders. MRI machines are also used for research purposes, such as studying the effects of drugs on the brain. The MRI Machine market is highly competitive, with a number of major players offering a range of products and services. Companies in the market include GE Healthcare, Siemens Healthineers, Philips Healthcare, Hitachi Medical Systems, Toshiba Medical Systems, and Shimadzu Corporation. These companies offer a range of MRI systems, from low-cost open MRI systems to high-end ultra-high field MRI systems. Additionally, many of these companies provide services such as installation, maintenance, and training. Show Less Read more

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