Global MRI Equipment Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031
Description
According to our (Global Info Research) latest study, the global MRI Equipment market size was valued at US$ 9001 million in 2024 and is forecast to a readjusted size of USD 12240 million by 2031 with a CAGR of 4.5% during review period.
MRI (Magnetic Resonance Imaging) equipment is a non-invasive medical imaging device that uses strong magnetic fields and radio waves to generate detailed images of the internal structures of the human body. It is widely used in diagnosing neurological disorders, musculoskeletal conditions, cardiovascular diseases, and cancers. Unlike X-rays and CT scans, MRI does not use ionizing radiation, making it a safer imaging option for long-term monitoring and sensitive patient groups, such as pregnant women and children.
With advancements in technology, modern MRI equipment now features higher field strengths, faster scanning times, and improved image resolution. Innovations such as AI-assisted image processing, open-bore designs for claustrophobic patients, and portable MRI devices are expanding the accessibility and effectiveness of MRI in clinical settings.
Market Drivers:
The growth of the MRI equipment market is driven by the increasing prevalence of chronic diseases such as neurological disorders, cardiovascular diseases, and cancer, which require advanced imaging for accurate diagnosis and treatment planning. Additionally, technological advancements, including higher field strength MRI, artificial intelligence-assisted imaging, and portable MRI systems, are enhancing diagnostic accuracy and expanding the applications of MRI in clinical settings. Furthermore, the rising demand for non-invasive and radiation-free imaging modalities, coupled with government initiatives to improve healthcare infrastructure, is fueling market expansion.
Market Challenges:
Despite its growth potential, the MRI equipment market faces several challenges, including the high cost of MRI machines and installation, which limits adoption in low- and middle-income countries. The long scanning times and patient discomfort, particularly for those with claustrophobia, remain concerns. Moreover, MRI systems require specialized infrastructure and skilled professionals for operation and maintenance, leading to operational constraints. Reimbursement limitations and budget constraints in healthcare facilities further hinder widespread adoption, particularly in regions with limited healthcare funding.
The global key companies of MR Neuro Imaging include Siemens, Philips, GE, Canon Medical, FUJIFILM, United Imaging, Neusoft, XGY, Anke, Alltech, etc. In 2024, the global five largest players hold a share approximately 75.37 % in terms of revenue.
This report is a detailed and comprehensive analysis for global MRI Equipment market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global MRI Equipment market size and forecasts, in consumption value ($ Million), sales quantity (Units), and average selling prices (K US$/Unit), 2020-2031
Global MRI Equipment market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Units), and average selling prices (K US$/Unit), 2020-2031
Global MRI Equipment market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Units), and average selling prices (K US$/Unit), 2020-2031
Global MRI Equipment market shares of main players, shipments in revenue ($ Million), sales quantity (Units), and ASP (K US$/Unit), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for MRI Equipment
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global MRI Equipment market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Siemens, Philips, GE, Canon Medical, FUJIFILM, United Imaging, Neusoft, XGY, Anke, Alltech, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
MRI Equipment market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Superconducting Type MRI Equipment
Permanent-magnet Type MRI Equipment
Market segment by Application
Hospitals
Imaging Centers
Academic Research
Other
Major players covered
Siemens
Philips
GE
Canon Medical
FUJIFILM
United Imaging
Neusoft
XGY
Anke
Alltech
Wandong
BASDA
ESAOTE
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe MRI Equipment product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of MRI Equipment, with price, sales quantity, revenue, and global market share of MRI Equipment from 2020 to 2025.
Chapter 3, the MRI Equipment competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the MRI Equipment breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and MRI Equipment market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of MRI Equipment.
Chapter 14 and 15, to describe MRI Equipment sales channel, distributors, customers, research findings and conclusion.
MRI (Magnetic Resonance Imaging) equipment is a non-invasive medical imaging device that uses strong magnetic fields and radio waves to generate detailed images of the internal structures of the human body. It is widely used in diagnosing neurological disorders, musculoskeletal conditions, cardiovascular diseases, and cancers. Unlike X-rays and CT scans, MRI does not use ionizing radiation, making it a safer imaging option for long-term monitoring and sensitive patient groups, such as pregnant women and children.
With advancements in technology, modern MRI equipment now features higher field strengths, faster scanning times, and improved image resolution. Innovations such as AI-assisted image processing, open-bore designs for claustrophobic patients, and portable MRI devices are expanding the accessibility and effectiveness of MRI in clinical settings.
Market Drivers:
The growth of the MRI equipment market is driven by the increasing prevalence of chronic diseases such as neurological disorders, cardiovascular diseases, and cancer, which require advanced imaging for accurate diagnosis and treatment planning. Additionally, technological advancements, including higher field strength MRI, artificial intelligence-assisted imaging, and portable MRI systems, are enhancing diagnostic accuracy and expanding the applications of MRI in clinical settings. Furthermore, the rising demand for non-invasive and radiation-free imaging modalities, coupled with government initiatives to improve healthcare infrastructure, is fueling market expansion.
Market Challenges:
Despite its growth potential, the MRI equipment market faces several challenges, including the high cost of MRI machines and installation, which limits adoption in low- and middle-income countries. The long scanning times and patient discomfort, particularly for those with claustrophobia, remain concerns. Moreover, MRI systems require specialized infrastructure and skilled professionals for operation and maintenance, leading to operational constraints. Reimbursement limitations and budget constraints in healthcare facilities further hinder widespread adoption, particularly in regions with limited healthcare funding.
The global key companies of MR Neuro Imaging include Siemens, Philips, GE, Canon Medical, FUJIFILM, United Imaging, Neusoft, XGY, Anke, Alltech, etc. In 2024, the global five largest players hold a share approximately 75.37 % in terms of revenue.
This report is a detailed and comprehensive analysis for global MRI Equipment market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global MRI Equipment market size and forecasts, in consumption value ($ Million), sales quantity (Units), and average selling prices (K US$/Unit), 2020-2031
Global MRI Equipment market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Units), and average selling prices (K US$/Unit), 2020-2031
Global MRI Equipment market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Units), and average selling prices (K US$/Unit), 2020-2031
Global MRI Equipment market shares of main players, shipments in revenue ($ Million), sales quantity (Units), and ASP (K US$/Unit), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for MRI Equipment
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global MRI Equipment market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Siemens, Philips, GE, Canon Medical, FUJIFILM, United Imaging, Neusoft, XGY, Anke, Alltech, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
MRI Equipment market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Superconducting Type MRI Equipment
Permanent-magnet Type MRI Equipment
Market segment by Application
Hospitals
Imaging Centers
Academic Research
Other
Major players covered
Siemens
Philips
GE
Canon Medical
FUJIFILM
United Imaging
Neusoft
XGY
Anke
Alltech
Wandong
BASDA
ESAOTE
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe MRI Equipment product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of MRI Equipment, with price, sales quantity, revenue, and global market share of MRI Equipment from 2020 to 2025.
Chapter 3, the MRI Equipment competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the MRI Equipment breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and MRI Equipment market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of MRI Equipment.
Chapter 14 and 15, to describe MRI Equipment sales channel, distributors, customers, research findings and conclusion.
Table of Contents
122 Pages
- 1 Market Overview
- 2 Manufacturers Profiles
- 3 Competitive Environment: MRI Equipment by Manufacturer
- 4 Consumption Analysis by Region
- 5 Market Segment by Type
- 6 Market Segment by Application
- 7 North America
- 8 Europe
- 9 Asia-Pacific
- 10 South America
- 11 Middle East & Africa
- 12 Market Dynamics
- 13 Raw Material and Industry Chain
- 14 Shipments by Distribution Channel
- 15 Research Findings and Conclusion
- 16 Appendix
Pricing
Currency Rates
Questions or Comments?
Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.
