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

Description

List of Tables

The magnetic resonance imaging (MRI) systems market is forecasted to grow by USD 3,085.2 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.

Market Scope
Base Year	2025
End Year	2029
Series Year	2025-2029
Growth Momentum	Accelerate
YOY 2025	6.4%
CAGR	6.9%
Incremental Value	$3,085.2 mn

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.

Product Code: IRTNTR45908

1 Executive Summary

1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Global Market Characteristics
- Executive Summary - Chart on Market By Geographical Landscape
- Executive Summary - Chart on Market Segmentation by Product
- Executive Summary - Chart on Market Segmentation by Type
- Executive Summary - Chart on Market Segmentation by End-user
- Executive Summary - Chart on Market Segmentation by Technology
- Executive Summary - Chart on Incremental Growth
- Executive Summary - Data Table on Incremental Growth
- Executive Summary - Chart on Company Market Positioning

2 Technavio Analysis

2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
2.2 Criticality of inputs and Factors of differentiation
- Overview on criticality of inputs and factors of differentiation
2.3 Factors of disruption
- Overview on factors of disruption
2.4 Impact of drivers and challenges
- Impact of drivers and challenges in 2024 and 2029

3 Market Landscape

3.1 Market ecosystem
- Parent Market
- Data Table on - Parent Market
3.2 Market characteristics
- Market characteristics analysis
3.3 Value chain analysis
- Value chain analysis

4 Market Sizing

4.1 Market definition
- Offerings of companies included in the market definition
4.2 Market segment analysis
- Market segments
4.3 Market size 2024
4.4 Market outlook: Forecast for 2024-2029
- Chart on Global - Market size and forecast 2024-2029 ($ million)
- Data Table on Global - Market size and forecast 2024-2029 ($ million)
- Chart on Global Market: Year-over-year growth 2024-2029 (%)
- Data Table on Global Market: Year-over-year growth 2024-2029 (%)

5 Historic Market Size

5.1 Global Magnetic Resonance Imaging (MRI) Systems Market 2019 - 2023
- Historic Market Size - Data Table on Global Magnetic Resonance Imaging (MRI) Systems Market 2019 - 2023 ($ million)
5.2 Product segment analysis 2019 - 2023
- Historic Market Size - Product Segment 2019 - 2023 ($ million)
5.3 Type segment analysis 2019 - 2023
- Historic Market Size - Type Segment 2019 - 2023 ($ million)
5.4 End-user segment analysis 2019 - 2023
- Historic Market Size - End-user Segment 2019 - 2023 ($ million)
5.5 Technology segment analysis 2019 - 2023
- Historic Market Size - Technology Segment 2019 - 2023 ($ million)
5.6 Geography segment analysis 2019 - 2023
- Historic Market Size - Geography Segment 2019 - 2023 ($ million)
5.7 Country segment analysis 2019 - 2023
- Historic Market Size - Country Segment 2019 - 2023 ($ million)

6 Qualitative Analysis

6.1 The AI impact on global MRI systems market

7 Five Forces Analysis

7.1 Five forces summary
- Five forces analysis - Comparison between 2024 and 2029
7.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2024 and 2029
7.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2024 and 2029
7.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2024 and 2029
7.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2024 and 2029
7.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2024 and 2029
7.7 Market condition
- Chart on Market condition - Five forces 2024 and 2029

8 Market Segmentation by Product

8.1 Market segments
- Chart on Product - Market share 2024-2029 (%)
- Data Table on Product - Market share 2024-2029 (%)
8.2 Comparison by Product
- Chart on Comparison by Product
- Data Table on Comparison by Product
8.3 Closed MRI systems - Market size and forecast 2024-2029
- Chart on Closed MRI systems - Market size and forecast 2024-2029 ($ million)
- Data Table on Closed MRI systems - Market size and forecast 2024-2029 ($ million)
- Chart on Closed MRI systems - Year-over-year growth 2024-2029 (%)
- Data Table on Closed MRI systems - Year-over-year growth 2024-2029 (%)
8.4 Open MRI systems - Market size and forecast 2024-2029
- Chart on Open MRI systems - Market size and forecast 2024-2029 ($ million)
- Data Table on Open MRI systems - Market size and forecast 2024-2029 ($ million)
- Chart on Open MRI systems - Year-over-year growth 2024-2029 (%)
- Data Table on Open MRI systems - Year-over-year growth 2024-2029 (%)
8.5 Market opportunity by Product
- Market opportunity by Product ($ million)
- Data Table on Market opportunity by Product ($ million)

9 Market Segmentation by Type

9.1 Market segments
- Chart on Type - Market share 2024-2029 (%)
- Data Table on Type - Market share 2024-2029 (%)
9.2 Comparison by Type
- Chart on Comparison by Type
- Data Table on Comparison by Type
9.3 Fixed MRI - Market size and forecast 2024-2029
- Chart on Fixed MRI - Market size and forecast 2024-2029 ($ million)
- Data Table on Fixed MRI - Market size and forecast 2024-2029 ($ million)
- Chart on Fixed MRI - Year-over-year growth 2024-2029 (%)
- Data Table on Fixed MRI - Year-over-year growth 2024-2029 (%)
9.4 Mobile MRI - Market size and forecast 2024-2029
- Chart on Mobile MRI - Market size and forecast 2024-2029 ($ million)
- Data Table on Mobile MRI - Market size and forecast 2024-2029 ($ million)
- Chart on Mobile MRI - Year-over-year growth 2024-2029 (%)
- Data Table on Mobile MRI - Year-over-year growth 2024-2029 (%)
9.5 Market opportunity by Type
- Market opportunity by Type ($ million)
- Data Table on Market opportunity by Type ($ million)

10 Market Segmentation by End-user

10.1 Market segments
- Chart on End-user - Market share 2024-2029 (%)
- Data Table on End-user - Market share 2024-2029 (%)
10.2 Comparison by End-user
- Chart on Comparison by End-user
- Data Table on Comparison by End-user
10.3 Hospitals - Market size and forecast 2024-2029
- Chart on Hospitals - Market size and forecast 2024-2029 ($ million)
- Data Table on Hospitals - Market size and forecast 2024-2029 ($ million)
- Chart on Hospitals - Year-over-year growth 2024-2029 (%)
- Data Table on Hospitals - Year-over-year growth 2024-2029 (%)
10.4 Diagnostic centers - Market size and forecast 2024-2029
- Chart on Diagnostic centers - Market size and forecast 2024-2029 ($ million)
- Data Table on Diagnostic centers - Market size and forecast 2024-2029 ($ million)
- Chart on Diagnostic centers - Year-over-year growth 2024-2029 (%)
- Data Table on Diagnostic centers - Year-over-year growth 2024-2029 (%)
10.5 Ambulatory surgical centers - Market size and forecast 2024-2029
- Chart on Ambulatory surgical centers - Market size and forecast 2024-2029 ($ million)
- Data Table on Ambulatory surgical centers - Market size and forecast 2024-2029 ($ million)
- Chart on Ambulatory surgical centers - Year-over-year growth 2024-2029 (%)
- Data Table on Ambulatory surgical centers - Year-over-year growth 2024-2029 (%)
10.6 Research institutes and universities - Market size and forecast 2024-2029
- Chart on Research institutes and universities - Market size and forecast 2024-2029 ($ million)
- Data Table on Research institutes and universities - Market size and forecast 2024-2029 ($ million)
- Chart on Research institutes and universities - Year-over-year growth 2024-2029 (%)
- Data Table on Research institutes and universities - Year-over-year growth 2024-2029 (%)
10.7 Veterinary clinics - Market size and forecast 2024-2029
- Chart on Veterinary clinics - Market size and forecast 2024-2029 ($ million)
- Data Table on Veterinary clinics - Market size and forecast 2024-2029 ($ million)
- Chart on Veterinary clinics - Year-over-year growth 2024-2029 (%)
- Data Table on Veterinary clinics - Year-over-year growth 2024-2029 (%)
10.8 Market opportunity by End-user
- Market opportunity by End-user ($ million)
- Data Table on Market opportunity by End-user ($ million)

11 Market Segmentation by Technology

11.1 Market segments
- Chart on Technology - Market share 2024-2029 (%)
- Data Table on Technology - Market share 2024-2029 (%)
11.2 Comparison by Technology
- Chart on Comparison by Technology
- Data Table on Comparison by Technology
11.3 High-field MRI - Market size and forecast 2024-2029
- Chart on High-field MRI - Market size and forecast 2024-2029 ($ million)
- Data Table on High-field MRI - Market size and forecast 2024-2029 ($ million)
- Chart on High-field MRI - Year-over-year growth 2024-2029 (%)
- Data Table on High-field MRI - Year-over-year growth 2024-2029 (%)
11.4 Low-field MRI - Market size and forecast 2024-2029
- Chart on Low-field MRI - Market size and forecast 2024-2029 ($ million)
- Data Table on Low-field MRI - Market size and forecast 2024-2029 ($ million)
- Chart on Low-field MRI - Year-over-year growth 2024-2029 (%)
- Data Table on Low-field MRI - Year-over-year growth 2024-2029 (%)
11.5 AI-enabled MRI - Market size and forecast 2024-2029
- Chart on AI-enabled MRI - Market size and forecast 2024-2029 ($ million)
- Data Table on AI-enabled MRI - Market size and forecast 2024-2029 ($ million)
- Chart on AI-enabled MRI - Year-over-year growth 2024-2029 (%)
- Data Table on AI-enabled MRI - Year-over-year growth 2024-2029 (%)
11.6 Ultra-high-field - Market size and forecast 2024-2029
- Chart on Ultra-high-field - Market size and forecast 2024-2029 ($ million)
- Data Table on Ultra-high-field - Market size and forecast 2024-2029 ($ million)
- Chart on Ultra-high-field - Year-over-year growth 2024-2029 (%)
- Data Table on Ultra-high-field - Year-over-year growth 2024-2029 (%)
11.7 Market opportunity by Technology
- Market opportunity by Technology ($ million)
- Data Table on Market opportunity by Technology ($ million)

12 Customer Landscape

12.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

13 Geographic Landscape

13.1 Geographic segmentation
- Chart on Market share By Geographical Landscape 2024-2029 (%)
- Data Table on Market share By Geographical Landscape 2024-2029 (%)
13.2 Geographic comparison
- Chart on Geographic comparison
- Data Table on Geographic comparison
13.3 North America - Market size and forecast 2024-2029
- Chart on North America - Market size and forecast 2024-2029 ($ million)
- Data Table on North America - Market size and forecast 2024-2029 ($ million)
- Chart on North America - Year-over-year growth 2024-2029 (%)
- Data Table on North America - Year-over-year growth 2024-2029 (%)
13.4 Europe - Market size and forecast 2024-2029
- Chart on Europe - Market size and forecast 2024-2029 ($ million)
- Data Table on Europe - Market size and forecast 2024-2029 ($ million)
- Chart on Europe - Year-over-year growth 2024-2029 (%)
- Data Table on Europe - Year-over-year growth 2024-2029 (%)
13.5 Asia - Market size and forecast 2024-2029
- Chart on Asia - Market size and forecast 2024-2029 ($ million)
- Data Table on Asia - Market size and forecast 2024-2029 ($ million)
- Chart on Asia - Year-over-year growth 2024-2029 (%)
- Data Table on Asia - Year-over-year growth 2024-2029 (%)
13.6 Rest of World (ROW) - Market size and forecast 2024-2029
- Chart on Rest of World (ROW) - Market size and forecast 2024-2029 ($ million)
- Data Table on Rest of World (ROW) - Market size and forecast 2024-2029 ($ million)
- Chart on Rest of World (ROW) - Year-over-year growth 2024-2029 (%)
- Data Table on Rest of World (ROW) - Year-over-year growth 2024-2029 (%)
13.7 US - Market size and forecast 2024-2029
- Chart on US - Market size and forecast 2024-2029 ($ million)
- Data Table on US - Market size and forecast 2024-2029 ($ million)
- Chart on US - Year-over-year growth 2024-2029 (%)
- Data Table on US - Year-over-year growth 2024-2029 (%)
13.8 Germany - Market size and forecast 2024-2029
- Chart on Germany - Market size and forecast 2024-2029 ($ million)
- Data Table on Germany - Market size and forecast 2024-2029 ($ million)
- Chart on Germany - Year-over-year growth 2024-2029 (%)
- Data Table on Germany - Year-over-year growth 2024-2029 (%)
13.9 UK - Market size and forecast 2024-2029
- Chart on UK - Market size and forecast 2024-2029 ($ million)
- Data Table on UK - Market size and forecast 2024-2029 ($ million)
- Chart on UK - Year-over-year growth 2024-2029 (%)
- Data Table on UK - Year-over-year growth 2024-2029 (%)
13.10 China - Market size and forecast 2024-2029
- Chart on China - Market size and forecast 2024-2029 ($ million)
- Data Table on China - Market size and forecast 2024-2029 ($ million)
- Chart on China - Year-over-year growth 2024-2029 (%)
- Data Table on China - Year-over-year growth 2024-2029 (%)
13.11 France - Market size and forecast 2024-2029
- Chart on France - Market size and forecast 2024-2029 ($ million)
- Data Table on France - Market size and forecast 2024-2029 ($ million)
- Chart on France - Year-over-year growth 2024-2029 (%)
- Data Table on France - Year-over-year growth 2024-2029 (%)
13.12 Canada - Market size and forecast 2024-2029
- Chart on Canada - Market size and forecast 2024-2029 ($ million)
- Data Table on Canada - Market size and forecast 2024-2029 ($ million)
- Chart on Canada - Year-over-year growth 2024-2029 (%)
- Data Table on Canada - Year-over-year growth 2024-2029 (%)
13.13 Japan - Market size and forecast 2024-2029
- Chart on Japan - Market size and forecast 2024-2029 ($ million)
- Data Table on Japan - Market size and forecast 2024-2029 ($ million)
- Chart on Japan - Year-over-year growth 2024-2029 (%)
- Data Table on Japan - Year-over-year growth 2024-2029 (%)
13.14 Italy - Market size and forecast 2024-2029
- Chart on Italy - Market size and forecast 2024-2029 ($ million)
- Data Table on Italy - Market size and forecast 2024-2029 ($ million)
- Chart on Italy - Year-over-year growth 2024-2029 (%)
- Data Table on Italy - Year-over-year growth 2024-2029 (%)
13.15 Brazil - Market size and forecast 2024-2029
- Chart on Brazil - Market size and forecast 2024-2029 ($ million)
- Data Table on Brazil - Market size and forecast 2024-2029 ($ million)
- Chart on Brazil - Year-over-year growth 2024-2029 (%)
- Data Table on Brazil - Year-over-year growth 2024-2029 (%)
13.16 Mexico - Market size and forecast 2024-2029
- Chart on Mexico - Market size and forecast 2024-2029 ($ million)
- Data Table on Mexico - Market size and forecast 2024-2029 ($ million)
- Chart on Mexico - Year-over-year growth 2024-2029 (%)
- Data Table on Mexico - Year-over-year growth 2024-2029 (%)
13.17 Market opportunity By Geographical Landscape
- Market opportunity By Geographical Landscape ($ million)
- Data Tables on Market opportunity By Geographical Landscape ($ million)

14 Drivers, Challenges, and Opportunity/Restraints

14.1 Market drivers
14.2 Market challenges
14.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2024 and 2029
14.4 Market opportunities/restraints

15 Competitive Landscape

15.1 Overview
15.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation
15.3 Landscape disruption
- Overview on factors of disruption
15.4 Industry risks
- Impact of key risks on business

16 Competitive Analysis

16.1 Companies profiled
- Companies covered
16.2 Company ranking index
- Company ranking index
16.3 Market positioning of companies
- Matrix on companies position and classification
16.4 Aspect Imaging Ltd.
- Aspect Imaging Ltd. - Overview
- Aspect Imaging Ltd. - Product / Service
- Aspect Imaging Ltd. - Key offerings
- SWOT
16.5 AURORA HEALTHCARE US Corp.
- AURORA HEALTHCARE US Corp. - Overview
- AURORA HEALTHCARE US Corp. - Product / Service
- AURORA HEALTHCARE US Corp. - Key offerings
- SWOT
16.6 Bruker Corp.
- Bruker Corp. - Overview
- Bruker Corp. - Business segments
- Bruker Corp. - Key news
- Bruker Corp. - Key offerings
- Bruker Corp. - Segment focus
- SWOT
16.7 Canon Inc.
- Canon Inc. - Overview
- Canon Inc. - Business segments
- Canon Inc. - Key news
- Canon Inc. - Key offerings
- Canon Inc. - Segment focus
- SWOT
16.8 Esaote Spa
- Esaote Spa - Overview
- Esaote Spa - Product / Service
- Esaote Spa - Key offerings
- SWOT
16.9 FONAR Corp.
- FONAR Corp. - Overview
- FONAR Corp. - Product / Service
- FONAR Corp. - Key offerings
- SWOT
16.10 FUJIFILM Holdings Corp.
- FUJIFILM Holdings Corp. - Overview
- FUJIFILM Holdings Corp. - Business segments
- FUJIFILM Holdings Corp. - Key news
- FUJIFILM Holdings Corp. - Key offerings
- FUJIFILM Holdings Corp. - Segment focus
- SWOT
16.11 GE Healthcare Technologies Inc.
- GE Healthcare Technologies Inc. - Overview
- GE Healthcare Technologies Inc. - Business segments
- GE Healthcare Technologies Inc. - Key news
- GE Healthcare Technologies Inc. - Key offerings
- GE Healthcare Technologies Inc. - Segment focus
- SWOT
16.12 Hologic Inc.
- Hologic Inc. - Overview
- Hologic Inc. - Business segments
- Hologic Inc. - Key news
- Hologic Inc. - Key offerings
- Hologic Inc. - Segment focus
- SWOT
16.13 Koninklijke Philips NV
- Koninklijke Philips NV - Overview
- Koninklijke Philips NV - Business segments
- Koninklijke Philips NV - Key news
- Koninklijke Philips NV - Key offerings
- Koninklijke Philips NV - Segment focus
- SWOT
16.14 MR Solutions Ltd.
- MR Solutions Ltd. - Overview
- MR Solutions Ltd. - Product / Service
- MR Solutions Ltd. - Key offerings
- SWOT
16.15 Neusoft Corp.
- Neusoft Corp. - Overview
- Neusoft Corp. - Product / Service
- Neusoft Corp. - Key offerings
- SWOT
16.16 Sanrad Medical Systems Pvt ltd
- Sanrad Medical Systems Pvt ltd - Overview
- Sanrad Medical Systems Pvt ltd - Product / Service
- Sanrad Medical Systems Pvt ltd - Key offerings
- SWOT
16.17 Siemens Healthineers AG
- Siemens Healthineers AG - Overview
- Siemens Healthineers AG - Business segments
- Siemens Healthineers AG - Key news
- Siemens Healthineers AG - Key offerings
- Siemens Healthineers AG - Segment focus
- SWOT
16.18 Time Medical Holding Co Ltd
- Time Medical Holding Co Ltd - Overview
- Time Medical Holding Co Ltd - Product / Service
- Time Medical Holding Co Ltd - Key offerings
- SWOT

17 Appendix

17.1 Scope of the report
17.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist
17.3 Currency conversion rates for US$
- Currency conversion rates for US$
17.4 Research methodology
- Research methodology
17.5 Data procurement
- Information sources
17.6 Data validation
- Data validation
17.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing
17.8 Data synthesis
- Data synthesis
17.9 360 degree market analysis
- 360 degree market analysis
17.10 List of abbreviations
- List of abbreviations