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Global & Canada Magnetic Resonance Imaging (MRI) Systems Market to 2031

Publisher Business Market Insights
Published Sep 08, 2025
Length 105 Pages
SKU # BMKS20379424

Description

The MRI market in Canada is well-established and currently experiencing significant growth due to a combination of factors. A major driver of this market is the rising incidence of chronic illnesses, especially cancer and neurological conditions. As the population ages, there is an increasing need for advanced diagnostic tools to identify and monitor these health issues. Additionally, technological innovations, such as the incorporation of AI-driven software and the development of helium-free MRI systems, are propelling market growth by enhancing image quality, decreasing scan durations, and lowering operational expenses.

Government initiatives and heightened healthcare funding aimed at upgrading hospital facilities further bolster the MRI market's growth across Canada. The nation's strong dedication to universal healthcare ensures ongoing investment in cutting-edge diagnostic imaging, contributing to a stable and promising market outlook as new technologies gain traction. For example, the Canadian Medical Imaging Inventory (CMII) reported that the number of MRI units in Canada reached 432 in the 2022-2023 period. This growth is backed by significant government funding. A report from the Government of Saskatchewan in July 2025 highlighted that the province's consistent investment in medical imaging has led to a 9% increase in MRI examinations in 2024-25, alongside record-high CT scan volumes. This funding is directed towards acquiring new equipment and services to reduce wait times and enhance access. This combination of public investment and technological advancement reinforces Canada's position as a stable and promising market for future growth.

Table of Contents

105 Pages
1. Introduction
1.1 Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
3. Research Methodology
3.1 Secondary Research
3.2 Primary Research
3.2.1 Data Triangulation and Validation:
4. Canada Magnetic Resonance Imaging (MRI) Systems Market Landscape
4.1 Overview
4.2 Ecosystem Analysis
4.2.1 List of Vendors in the Value Chain
5. Magnetic Resonance Imaging (MRI) Systems Market Key Market Dynamics
5.1 Magnetic Resonance Imaging (MRI) Systems Market – Key Market Dynamics
5.2 Market Drivers
5.3 Market Restraints
5.4 Market Opportunities
5.5 Future Trends
5.6 Impact of Drivers and Restraints
6. Canada Magnetic Resonance Imaging (MRI) Systems Market – Analysis
6.1 Canada Magnetic Resonance Imaging (MRI) Systems Market Revenue (US$ Million), 2021–2031
6.2 Canada Magnetic Resonance Imaging (MRI) Systems Market Revenue and Forecast Analysis
7. Canada Magnetic Resonance Imaging (MRI) Systems Market Analysis – by Type
7.1 Canada Magnetic Resonance Imaging (MRI) Systems Market – Revenue and Forecast, 2021–2031 (US$ Million) – by Type
8. Canada Magnetic Resonance Imaging (MRI) Systems Market Analysis – by Field Strength
8.1 Canada Magnetic Resonance Imaging (MRI) Systems Market – Revenue and Forecast, 2021–2031 (US$ Million) – by Field Strength
9. Canada Magnetic Resonance Imaging (MRI) Systems Market Analysis – by Mobility
9.1 Canada Magnetic Resonance Imaging (MRI) Systems Market – Revenue and Forecast, 2021–2031 (US$ Million) – by Mobility
10. Canada Magnetic Resonance Imaging (MRI) Systems Market Analysis – by Application
10.1 Canada Magnetic Resonance Imaging (MRI) Systems Market – Revenue and Forecast, 2021–2031 (US$ Million) – by Application
11. Canada Magnetic Resonance Imaging (MRI) Systems Market Analysis – by End User
11.1 Canada Magnetic Resonance Imaging (MRI) Systems Market – Revenue and Forecast, 2021–2031 (US$ Million) – by End User
12. Competitive Landscape
12.1 Heat Map Analysis by Key Players
12.1 Company Positioning and Concentration
13. Industry Landscape
13.1 Overview
13.2 Market Initiative
13.2 Partnerships and Collaborations
13.2 Other Developments
14. Company Profiles
14.1 GE HealthCare Technologies Inc
14.1. 1 Key Facts
14.1. 2 Business Description
14.1. 3 Products and Services
14.1. 4 Financial Overview
14.1. 5 SWOT Analysis
14.1. 6 Key Developments
14.2 Siemens Healthineers AG
14.2. 1 Key Facts
14.2. 2 Business Description
14.2. 3 Products and Services
14.2. 4 Financial Overview
14.2. 5 SWOT Analysis
14.2. 6 Key Developments
14.3 FUJIFILM Holdings Corp
14.3. 1 Key Facts
14.3. 2 Business Description
14.3. 3 Products and Services
14.3. 4 Financial Overview
14.3. 5 SWOT Analysis
14.3. 6 Key Developments
14.4 Canon Inc
14.4. 1 Key Facts
14.4. 2 Business Description
14.4. 3 Products and Services
14.4. 4 Financial Overview
14.4. 5 SWOT Analysis
14.4. 6 Key Developments
14.5 Koninklijke Philips NV
14.5. 1 Key Facts
14.5. 2 Business Description
14.5. 3 Products and Services
14.5. 4 Financial Overview
14.5. 5 SWOT Analysis
14.5. 6 Key Developments
14.6 Hyperfine Inc
14.6. 1 Key Facts
14.6. 2 Business Description
14.6. 3 Products and Services
14.6. 4 Financial Overview
14.6. 5 SWOT Analysis
14.6. 6 Key Developments
14.7 ESAOTE SPA
14.7. 1 Key Facts
14.7. 2 Business Description
14.7. 3 Products and Services
14.7. 4 Financial Overview
14.7. 5 SWOT Analysis
14.7. 6 Key Developments
14.8 Shanghai United Imaging Healthcare Co., LTD
14.8. 1 Key Facts
14.8. 2 Business Description
14.8. 3 Products and Services
14.8. 4 Financial Overview
14.8. 5 SWOT Analysis
14.8. 6 Key Developments
14.9 Fonar Corp
14.9. 1 Key Facts
14.9. 2 Business Description
14.9. 3 Products and Services
14.9. 4 Financial Overview
14.9. 5 SWOT Analysis
14.9. 6 Key Developments
14.10 Neusoft Medical Systems
14.10. 1 Key Facts
14.10. 2 Business Description
14.10. 3 Products and Services
14.10. 4 Financial Overview
14.10. 5 SWOT Analysis
14.10. 6 Key Developments
15. Appendix
15.1 About Business Market Insights
15.2 List of Abbreviations

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