PUBLISHER: The Business Research Company | PRODUCT CODE: 1948288
PUBLISHER: The Business Research Company | PRODUCT CODE: 1948288
A superconducting magnet for a medical magnetic resonance imaging (MRI) system is a type of magnet constructed from superconducting wire coils, typically cooled with liquid helium to near absolute zero to achieve zero electrical resistance. This allows the creation of a powerful and stable magnetic field, generally ranging from 1.5 to 3 Tesla or higher. Its primary function is to generate a strong, uniform magnetic field necessary for aligning hydrogen nuclei in the body, enabling high-resolution imaging in MRI scans.
The main categories of superconducting magnets for MRI systems are low-temperature superconductors (LTS) and high-temperature superconductors (HTS). Low-temperature superconductors (LTS) are materials that exhibit superconductivity at cryogenic temperatures, typically below 30 Kelvin, and require liquid helium cooling to maintain their superconducting state. These systems are available in various forms, including open MRI systems, closed MRI systems, and dedicated MRI systems designed for specific applications, with magnetic field strengths ranging from 1.5 Tesla, 3 Tesla, 7 Tesla, to ultra-high-field MRI systems. Superconducting magnets are utilized across a broad range of applications, such as neurological imaging, musculoskeletal imaging, cardiac imaging, pediatric imaging, and oncology imaging. Key end-users include hospitals, diagnostic imaging centers, research institutions, and academic medical centers.
Tariffs are impacting the superconducting magnet for MRI systems market by increasing the cost of imported superconducting wires, cryogenic equipment, and other high-precision components. Segments such as high-temperature superconductors and ultra-high-field MRI systems are particularly impacted, with Asia-Pacific regions like China and Japan facing substantial import duties. This has led to higher production and system costs and potential delays in installations. On the positive side, tariffs have encouraged local manufacturing, investment in domestic superconducting technologies, and innovation in helium-efficient cooling solutions.
The superconducting magnet for medical magnetic resonance imaging (mri) system market research report is one of a series of new reports from The Business Research Company that provides superconducting magnet for medical magnetic resonance imaging (mri) system market statistics, including superconducting magnet for medical magnetic resonance imaging (mri) system industry global market size, regional shares, competitors with a superconducting magnet for medical magnetic resonance imaging (mri) system market share, detailed superconducting magnet for medical magnetic resonance imaging (mri) system market segments, market trends and opportunities, and any further data you may need to thrive in the superconducting magnet for medical magnetic resonance imaging (mri) system industry. This superconducting magnet for medical magnetic resonance imaging (mri) system market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The superconducting magnet for medical magnetic resonance imaging (mri) system market size has grown strongly in recent years. It will grow from $2.13 billion in 2025 to $2.3 billion in 2026 at a compound annual growth rate (CAGR) of 8.0%. The growth in the historic period can be attributed to limited availability of high-field superconducting magnets, reliance on liquid helium cooling systems, growth in neurological and musculoskeletal imaging, increasing hospital adoption of mri systems, development of low-temperature superconductors.
The superconducting magnet for medical magnetic resonance imaging (mri) system market size is expected to see strong growth in the next few years. It will grow to $3.09 billion in 2030 at a compound annual growth rate (CAGR) of 7.7%. The growth in the forecast period can be attributed to development of high-temperature superconductors, expansion of pediatric and oncology imaging applications, increasing r&d in superconducting materials, rising demand for open and dedicated mri systems, integration of ai and big data in imaging analysis. Major trends in the forecast period include increasing adoption of high-field mri systems, rising demand for specialized imaging applications, advancements in superconducting wire materials, expansion of diagnostic imaging centers, focus on reducing helium consumption and cryogenics costs.
The increasing demand for diagnostic imaging is anticipated to drive the growth of the superconducting magnet market for medical magnetic resonance imaging (MRI) systems in the coming years. Diagnostic imaging encompasses techniques and processes used to produce visual representations of the body's interior for clinical evaluation and medical intervention. This demand is rising due to the growing prevalence of chronic diseases that require early and accurate diagnosis. Superconducting magnets in MRI systems support this demand by providing high-field strength, enabling clearer and more precise scans. They enhance diagnostic accuracy while reducing scan times, improving patient throughput, and boosting clinical efficiency. For example, in November 2024, the National Health Service, a UK-based government agency, reported that 47.2 million imaging tests were conducted in England in the year ending March, an increase of 4.8% from 45.0 million in the previous year. Consequently, the rising demand for diagnostic imaging is propelling the growth of the superconducting magnet market for medical MRI systems.
Innovations in the market include sealed magnet systems, designed to minimize or eliminate helium boil-off, improving operational efficiency and system reliability. In February 2025, GE HealthCare Technologies Inc. introduced the Freelium platform, a sealed magnet system that uses less than 1% of the helium required by conventional MRI systems. Freelium operates without additional cooling or power infrastructure and incorporates intelligent sensors for remote monitoring and automated recovery, simplifying installation and improving access to MRI services.
In January 2023, ASG Superconductors S.p.A. partnered with Siemens Healthineers AG to develop ultra-high-field (UHF) MRI systems, aiming to advance diagnostic precision and support next-generation MRI technology development. This partnership combines ASG's superconducting magnet expertise with Siemens' medical technology capabilities to drive innovation in advanced MRI imaging. Siemens Healthineers AG is a Germany-based medical technology company that produces superconducting magnets for its advanced MRI systems.
Major companies operating in the superconducting magnet for medical magnetic resonance imaging (mri) system market are Hitachi Medical Corporation, Siemens Healthineers AG, Fujifilm Healthcare Corporation, Philips Medical Systems Nederland B.V., GE Healthcare Technologies Inc., Bruker Corporation, Shanghai United Imaging Healthcare Co. Ltd., Oxford Instruments plc, Canon Medical Systems Corporation, Japan Superconductor Technology Inc., Tesla Engineering Ltd., American Magnetics Inc., Cryomagnetics Inc., Scientific Magnetics Ltd., Western Superconducting Technologies Co. Ltd., Ningbo Jansen Superconducting Technologies Co. Ltd., MR Solutions, ASG Superconductors SpA, Mitsubishi Electric, Ankey Magnetic Technologies Corporation, Weifang Xinli Superconducting Technology, Magnetica, SuperConducting Systems Inc., Neusoft Medical Systems Co. Ltd.
North America was the largest region in the superconducting magnet for medical magnetic resonance imaging (MRI) system market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the superconducting magnet for medical magnetic resonance imaging (mri) system market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the superconducting magnet for medical magnetic resonance imaging (mri) system market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain
The superconducting magnet for medical magnetic resonance imaging (MRI) system market consists of sales of superconducting coils, cryogenic cooling systems, power supply units, magnetic shielding components, and cryogenically cooled superconducting magnet assemblies. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Superconducting Magnet For Medical Magnetic Resonance Imaging (MRI) System Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses superconducting magnet for medical magnetic resonance imaging (mri) system market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for superconducting magnet for medical magnetic resonance imaging (mri) system ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The superconducting magnet for medical magnetic resonance imaging (mri) system market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
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