The global market for Magnetic Resonance Imaging Coils was estimated at US$9.1 Billion in 2024 and is projected to reach US$13.4 Billion by 2030, growing at a CAGR of 6.5% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. The report includes the most recent global tariff developments and how they impact the Magnetic Resonance Imaging Coils market.
With the increasing global burden of chronic diseases, healthcare providers are seeking improved imaging solutions that offer better patient outcomes. The rise in minimally invasive diagnostics, coupled with the expansion of AI-assisted imaging analysis, is driving the adoption of high-performance MRI coils in hospitals and diagnostic centers. Additionally, the development of ultra-high-field MRI systems (7T and beyond) is pushing the demand for specialized coils that can deliver superior image clarity and resolution.
Researchers are also exploring the integration of wearable and adaptive MRI coil designs that conform to a patient's anatomy, allowing for improved imaging of specific body parts such as the brain, spine, and joints. The development of wireless MRI coils, which eliminate cumbersome cable connections, is another breakthrough improving workflow efficiency in imaging centers.
Global Magnetic Resonance Imaging (MRI) Coils Market - Key Trends & Drivers Summarized
Why Are MRI Coils Gaining Importance?
MRI coils are critical components in magnetic resonance imaging systems, enabling high-resolution imaging by capturing and transmitting radiofrequency signals. As the demand for more precise and detailed imaging in neurology, oncology, cardiology, and musculoskeletal diagnostics increases, the need for advanced MRI coil technology is growing. MRI coils enhance image quality, improve signal-to-noise ratio (SNR), and reduce scan times, making them essential for accurate disease diagnosis and monitoring.With the increasing global burden of chronic diseases, healthcare providers are seeking improved imaging solutions that offer better patient outcomes. The rise in minimally invasive diagnostics, coupled with the expansion of AI-assisted imaging analysis, is driving the adoption of high-performance MRI coils in hospitals and diagnostic centers. Additionally, the development of ultra-high-field MRI systems (7T and beyond) is pushing the demand for specialized coils that can deliver superior image clarity and resolution.
How Are Innovations Enhancing the Performance of MRI Coils?
Technological advancements are leading to the development of lightweight, flexible, and multi-channel MRI coils that enhance patient comfort while improving diagnostic accuracy. The introduction of phased-array coils, which combine multiple receiver elements, has significantly improved spatial resolution and imaging speed. Additionally, AI-powered image reconstruction techniques are helping to enhance the efficiency of MRI scans, reducing artifacts and improving contrast levels.Researchers are also exploring the integration of wearable and adaptive MRI coil designs that conform to a patient's anatomy, allowing for improved imaging of specific body parts such as the brain, spine, and joints. The development of wireless MRI coils, which eliminate cumbersome cable connections, is another breakthrough improving workflow efficiency in imaging centers.
What Are the Key Market Drivers?
The increasing prevalence of neurological disorders, musculoskeletal injuries, and cancer is a major driver for the MRI coil market. The shift towards early disease detection and preventive diagnostics has also led to greater demand for high-quality imaging solutions. Moreover, the expansion of telemedicine and AI-driven diagnostics is creating new opportunities for MRI technology, enabling faster and more efficient remote imaging analysis.What Challenges and Future Opportunities Exist?
Challenges include the high cost of MRI systems and coils, regulatory approval complexities, and the need for specialized training to operate advanced imaging equipment. However, opportunities lie in the development of cost-effective, high-performance coils for emerging markets, as well as AI-integrated MRI solutions that improve diagnostic accuracy. The ongoing research into portable and wearable MRI technology could further revolutionize the field, making high-quality imaging more accessible worldwide.Scope of Study:
The report analyzes the Magnetic Resonance Imaging Coils market in terms of units by the following Segments, and Geographic Regions/Countries:- Segments: Type (Radiofrequency Coil, Gradient Coil); Application (Neurology Application, Cardiovascular Application, Spine & Musculoskeletal Application, Pediatric Application, Breast Application, Abdominal Application, Other Applications); End-Use (Hospitals End-Use, Diagnostic Imaging Centers End-Use, Ambulatory Care Centers End-Use, Other End-Uses)
- Geographic Regions/Countries: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Radiofrequency Coil segment, which is expected to reach US$8.7 Billion by 2030 with a CAGR of a 5.4%. The Gradient Coil segment is also set to grow at 8.8% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $2.5 Billion in 2024, and China, forecasted to grow at an impressive 10.1% CAGR to reach $2.7 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Magnetic Resonance Imaging Coils Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Magnetic Resonance Imaging Coils Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Magnetic Resonance Imaging Coils Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of players such as Analogic Corporation, Aurora Imaging Technology, Inc., Bruker Corporation, Canon Medical Systems Corporation, Esaote S.p.A. and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Some of the 44 companies featured in this Magnetic Resonance Imaging Coils market report include:
- Analogic Corporation
- Aurora Imaging Technology, Inc.
- Bruker Corporation
- Canon Medical Systems Corporation
- Esaote S.p.A.
- GE HealthCare
- Hitachi Medical Systems
- Invivo Corporation
- Medspira LLC
- Monteris Medical
- MR Instruments, Inc.
- Neocoil, LLC
- Noras MRI Products GmbH
- Philips Healthcare
- Quality Electrodynamics (QED)
- RAPID MR International
- ScanMed LLC
- Shanghai United Imaging Healthcare Co., Ltd.
- Siemens Healthineers
- Time Medical Systems
This edition integrates the latest global trade and economic shifts as of June 2025 into comprehensive market analysis. Key updates include:
- Tariff and Trade Impact: Insights into global tariff negotiations across 180+ countries, with analysis of supply chain turbulence, sourcing disruptions, and geographic realignment. Special focus on 2025 as a pivotal year for trade tensions, including updated perspectives on the Trump-era tariffs.
- Adjusted Forecasts and Analytics: Revised global and regional market forecasts through 2030, incorporating tariff effects, economic uncertainty, and structural changes in globalization. Includes segmentation by product, technology, type, material, distribution channel, application, and end-use, with historical analysis since 2015.
- Strategic Market Dynamics: Evaluation of revised market prospects, regional outlooks, and key economic indicators such as population and urbanization trends.
- Innovation & Technology Trends: Latest developments in product and process innovation, emerging technologies, and key industry drivers shaping the competitive landscape.
- Competitive Intelligence: Updated global market share estimates for 2025, competitive positioning of major players (Strong/Active/Niche/Trivial), and refined focus on leading global brands and core players.
- Expert Insight & Commentary: Strategic analysis from economists, trade experts, and domain specialists to contextualize market shifts and identify emerging opportunities.
- Complimentary Update: Buyers receive a free July 2025 update with finalized tariff impacts, new trade agreement effects, revised projections, and expanded country-level coverage.
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Analogic Corporation
- Aurora Imaging Technology, Inc.
- Bruker Corporation
- Canon Medical Systems Corporation
- Esaote S.p.A.
- GE HealthCare
- Hitachi Medical Systems
- Invivo Corporation
- Medspira LLC
- Monteris Medical
- MR Instruments, Inc.
- Neocoil, LLC
- Noras MRI Products GmbH
- Philips Healthcare
- Quality Electrodynamics (QED)
- RAPID MR International
- ScanMed LLC
- Shanghai United Imaging Healthcare Co., Ltd.
- Siemens Healthineers
- Time Medical Systems
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 389 |
| Published | July 2025 |
| Forecast Period | 2024 - 2030 |
| Estimated Market Value ( USD | $ 9.1 Billion |
| Forecasted Market Value ( USD | $ 13.4 Billion |
| Compound Annual Growth Rate | 6.5% |
| Regions Covered | Global |
