Global Magnetic Resonance Imaging (MRI) Systems Market 2025-2029

Magnetic Resonance Imaging (MRI) Systems Market 2025-2029

The magnetic resonance imaging (MRI) systems market is forecasted to grow by USD 3085.2 mn during 2024-2029, accelerating at a CAGR of 6.9% during the forecast period. The report on the magnetic resonance imaging (MRI) systems market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing prevalence of diseases coupled with growing geriatric population, technological advances in mri, and expanding clinical applications of mri.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.

Technavio's magnetic resonance imaging (MRI) systems market is segmented as below:

By Product

  • Closed MRI systems
  • Open MRI systems
By Type
  • Fixed MRI
  • Mobile MRI
By End-user
  • Hospitals
  • Diagnostic centers
  • Ambulatory surgical centers
  • Research institutes and universities
  • Veterinary clinics
By Technology
  • High-field MRI
  • Low-field MRI
  • AI-enabled MRI
  • Ultra-high-field
By Geographical Landscape
  • North America
  • Europe
  • Asia
  • Rest of World (ROW)
This study identifies the software advances in mri technology as one of the prime reasons driving the magnetic resonance imaging (MRI) systems market growth during the next few years. Also, emergence of hybrid mri systems and focus on development of helium-free mri systems will lead to sizable demand in the market.

The report on the magnetic resonance imaging (MRI) systems market covers the following areas:
  • Magnetic Resonance Imaging (MRI) Systems Market sizing
  • Magnetic Resonance Imaging (MRI) Systems Market forecast
  • Magnetic Resonance Imaging (MRI) Systems Market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading magnetic resonance imaging (MRI) systems market vendors that include 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., Onex Corp., Sanrad Medical Systems Pvt ltd, Shenzhen Anke High tech Co., Shimadzu Corp., Siemens Healthineers AG, and Time Medical Holding Co Ltd. Also, the magnetic resonance imaging (MRI) systems market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.


  • Executive Summary
    • Market overview
      • Table Executive Summary - Data Table on Market Overview
      • Table Executive Summary - Data Table on Incremental Growth
  • Technavio Analysis
    • Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
    • Criticality of inputs and Factors of differentiation
    • Factors of disruption
    • Impact of drivers and challenges
  • Market Landscape
    • Market ecosystem
      • Table Data Table on - Parent Market
    • Market characteristics
    • Value chain analysis
  • Market Sizing
    • Market definition
    • Market segment analysis
    • Market size 2024
    • Market outlook: Forecast for 2024-2029
      • Table Data Table on Global - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on Global Market: Year-over-year growth 2024-2029 (%)
  • Historic Market Size
    • Global Magnetic Resonance Imaging (MRI) Systems Market 2019 - 2023
      • Table Historic Market Size - Data Table on Global Magnetic Resonance Imaging (MRI) Systems Market 2019 - 2023 ($ million)
    • Product segment analysis 2019 - 2023
    • Type segment analysis 2019 - 2023
    • End-user segment analysis 2019 - 2023
    • Technology segment analysis 2019 - 2023
    • Geography segment analysis 2019 - 2023
    • Country segment analysis 2019 - 2023
  • Qualitative Analysis
    • The AI impact on global MRI systems market
  • Five Forces Analysis
    • Five forces summary
    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition
  • Market Segmentation by Product
    • Market segments
      • Table Data Table on Product - Market share 2024-2029 (%)
    • Comparison by Product
      • Table Data Table on Comparison by Product
    • Closed MRI systems - Market size and forecast 2024-2029
      • Table Data Table on Closed MRI systems - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on Closed MRI systems - Year-over-year growth 2024-2029 (%)
    • Open MRI systems - Market size and forecast 2024-2029
      • Table Data Table on Open MRI systems - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on Open MRI systems - Year-over-year growth 2024-2029 (%)
    • Market opportunity by Product
      • Table Data Table on Market opportunity by Product ($ million)
  • Market Segmentation by Type
    • Market segments
      • Table Data Table on Type - Market share 2024-2029 (%)
    • Comparison by Type
      • Table Data Table on Comparison by Type
    • Fixed MRI - Market size and forecast 2024-2029
      • Table Data Table on Fixed MRI - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on Fixed MRI - Year-over-year growth 2024-2029 (%)
    • Mobile MRI - Market size and forecast 2024-2029
      • Table Data Table on Mobile MRI - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on Mobile MRI - Year-over-year growth 2024-2029 (%)
    • Market opportunity by Type
      • Table Data Table on Market opportunity by Type ($ million)
  • Market Segmentation by End-user
    • Market segments
      • Table Data Table on End-user - Market share 2024-2029 (%)
    • Comparison by End-user
      • Table Data Table on Comparison by End-user
    • Hospitals - Market size and forecast 2024-2029
      • Table Data Table on Hospitals - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on Hospitals - Year-over-year growth 2024-2029 (%)
    • Diagnostic centers - Market size and forecast 2024-2029
      • Table Data Table on Diagnostic centers - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on Diagnostic centers - Year-over-year growth 2024-2029 (%)
    • Ambulatory surgical centers - Market size and forecast 2024-2029
      • Table Data Table on Ambulatory surgical centers - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on Ambulatory surgical centers - Year-over-year growth 2024-2029 (%)
    • Research institutes and universities - Market size and forecast 2024-2029
      • Table Data Table on Research institutes and universities - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on Research institutes and universities - Year-over-year growth 2024-2029 (%)
    • Veterinary clinics - Market size and forecast 2024-2029
      • Table Data Table on Veterinary clinics - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on Veterinary clinics - Year-over-year growth 2024-2029 (%)
    • Market opportunity by End-user
      • Table Data Table on Market opportunity by End-user ($ million)
  • Market Segmentation by Technology
    • Market segments
      • Table Data Table on Technology - Market share 2024-2029 (%)
    • Comparison by Technology
      • Table Data Table on Comparison by Technology
    • High-field MRI - Market size and forecast 2024-2029
      • Table Data Table on High-field MRI - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on High-field MRI - Year-over-year growth 2024-2029 (%)
    • Low-field MRI - Market size and forecast 2024-2029
      • Table Data Table on Low-field MRI - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on Low-field MRI - Year-over-year growth 2024-2029 (%)
    • AI-enabled MRI - Market size and forecast 2024-2029
      • Table Data Table on AI-enabled MRI - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on AI-enabled MRI - Year-over-year growth 2024-2029 (%)
    • Ultra-high-field - Market size and forecast 2024-2029
      • Table Data Table on Ultra-high-field - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on Ultra-high-field - Year-over-year growth 2024-2029 (%)
    • Market opportunity by Technology
      • Table Data Table on Market opportunity by Technology ($ million)
  • Customer Landscape
    • Customer landscape overview
  • Geographic Landscape
    • Geographic segmentation
      • Table Data Table on Market share by geography 2024-2029 (%)
    • Geographic comparison
      • Table Data Table on Geographic comparison
    • North America - Market size and forecast 2024-2029
      • Table Data Table on North America - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on North America - Year-over-year growth 2024-2029 (%)
    • Europe - Market size and forecast 2024-2029
      • Table Data Table on Europe - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on Europe - Year-over-year growth 2024-2029 (%)
    • Asia - Market size and forecast 2024-2029
      • Table Data Table on Asia - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on Asia - Year-over-year growth 2024-2029 (%)
    • Rest of World (ROW) - Market size and forecast 2024-2029
      • Table Data Table on Rest of World (ROW) - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on Rest of World (ROW) - Year-over-year growth 2024-2029 (%)
    • US - Market size and forecast 2024-2029
      • Table Data Table on US - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on US - Year-over-year growth 2024-2029 (%)
    • Germany - Market size and forecast 2024-2029
      • Table Data Table on Germany - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on Germany - Year-over-year growth 2024-2029 (%)
    • UK - Market size and forecast 2024-2029
      • Table Data Table on UK - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on UK - Year-over-year growth 2024-2029 (%)
    • China - Market size and forecast 2024-2029
      • Table Data Table on China - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on China - Year-over-year growth 2024-2029 (%)
    • France - Market size and forecast 2024-2029
      • Table Data Table on France - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on France - Year-over-year growth 2024-2029 (%)
    • Canada - Market size and forecast 2024-2029
      • Table Data Table on Canada - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on Canada - Year-over-year growth 2024-2029 (%)
    • Japan - Market size and forecast 2024-2029
      • Table Data Table on Japan - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on Japan - Year-over-year growth 2024-2029 (%)
    • Italy - Market size and forecast 2024-2029
      • Table Data Table on Italy - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on Italy - Year-over-year growth 2024-2029 (%)
    • Brazil - Market size and forecast 2024-2029
      • Table Data Table on Brazil - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on Brazil - Year-over-year growth 2024-2029 (%)
    • Mexico - Market size and forecast 2024-2029
      • Table Data Table on Mexico - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on Mexico - Year-over-year growth 2024-2029 (%)
    • Market opportunity by geography
      • Table Data Tables on Market opportunity by geography ($ million)
  • Drivers, Challenges, and Opportunity/Restraints
    • Market drivers
      • Increasing prevalence of diseases coupled with growing geriatric population
      • Technological advances in MRI
      • Expanding clinical applications of MRI
    • Market challenges
      • High cost of MRI systems
      • Rise in adoption of refurbished MRI systems
      • Limitations associated with MRI systems
    • Impact of drivers and challenges
    • Market opportunities/restraints
      • Software advances in MRI technology
      • Emergence of hybrid MRI systems
      • Focus on development of helium-free MRI systems
  • Competitive Landscape
    • Overview
    • Competitive Landscape
    • Landscape disruption
    • Industry risks
  • Competitive Analysis
    • Companies profiled
    • Company ranking index
    • Market positioning of companies
    • 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.
    • Sanrad Medical Systems Pvt ltd
    • Siemens Healthineers AG
    • Time Medical Holding Co Ltd
  • Appendix
    • Scope of the report
      • Market definition
      • Objectives
      • Notes and caveats
    • Inclusions and exclusions checklist
    • Currency conversion rates for US$
    • Research methodology
    • Data procurement
    • Data validation
    • Validation techniques employed for market sizing
    • Data synthesis
    • 360 degree market analysis
    • List of abbreviations

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook
Cookie Settings