Portable Magnetic Resonance Imaging Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Application, By End-User Region and Competition, 2020-2030F

Description

The Global Portable Magnetic Resonance Imaging Market , valued at USD 2.85 Billion in 2024, is projected to experience a CAGR of 7.95% to reach USD 4.51 Billion by 2030. Portable Magnetic Resonance Imaging (MRI) systems represent a distinct category of medical imaging devices designed for mobility, enabling diagnostic scans outside traditional radiology suites. The global portable MRI market's expansion is fundamentally driven by the escalating demand for point-of-care diagnostics, particularly in emergency and remote healthcare settings, coupled with continuous technological advancements that enhance image quality and reduce device footprint.

Market Overview
Forecast Period	2026-2030
Market Size 2024	USD 2.85 Billion
Market Size 2030	USD 4.51 Billion
CAGR 2025-2030	7.95%
Fastest Growing Segment	Neurology
Largest Market	North America

Key Market Drivers

The global portable magnetic resonance imaging market is significantly shaped by ongoing technological advancements in miniaturization and imaging quality. Innovations in magnet design and signal processing have enabled the development of compact systems that deliver diagnostic-quality images, challenging the traditional constraints of fixed MRI units. This progression allows for reduced device footprints and enhanced performance, expanding the utility of MRI beyond conventional radiology departments.

Key Market Challenges

A significant challenge impeding the growth of the Global Portable Magnetic Resonance Imaging Market is the substantial initial capital investment required for these systems. This financial barrier directly limits adoption, particularly among smaller clinics and healthcare providers situated in resource-constrained regions. The considerable upfront expenditure for these advanced diagnostic devices can exceed the budgetary capacities of many potential buyers, thus restricting their ability to integrate portable MRI technology into their services.

Key Market Trends

The integration of Artificial Intelligence and Machine Learning (AI/ML) is a pivotal trend in the global portable magnetic resonance imaging market, enhancing diagnostic capabilities and operational efficiency. AI algorithms improve image reconstruction, reduce scan times, and provide automated analysis, which is particularly beneficial for the lower field strengths often associated with portable MRI systems. This technological advancement allows for clearer images and more precise diagnoses in various clinical settings.

Key Market Players

Hyperfine Inc
Canon Medical Systems Corporation
Voxelgrids Innovations Pvt. Ltd.
PrizMed Imaging
Siemens Healthineers AG
Cobalt Health
GE Healthcare Technologies Inc
Koninklijke Philips NV
JMP Medical
Hitachi Ltd

Report Scope:

In this report, the Global Portable Magnetic Resonance Imaging Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Portable Magnetic Resonance Imaging Market , By Application:

Neurology
Musculoskeletal
Gastroenterology
Others

Portable Magnetic Resonance Imaging Market , By End-User:

Hospitals
Diagnostic Centers
Ambulatory Surgery Centers
Others

Portable Magnetic Resonance Imaging Market , By Region:

North America
- United States
- Canada
- Mexico
Europe
- France
- United Kingdom
- Italy
- Germany
- Spain
Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
South America
- Brazil
- Argentina
- Colombia
Middle East & Africa
- South Africa
- Saudi Arabia
- UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies presents in the Global Portable Magnetic Resonance Imaging Market .

Available Customizations:

Global Portable Magnetic Resonance Imaging Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

1. Product Overview

1.1. Market Definition
1.2. Scope of the Market
- 1.2.1. Markets Covered
- 1.2.2. Years Considered for Study
- 1.2.3. Key Market Segmentations

2. Research Methodology

2.1. Objective of the Study
2.2. Baseline Methodology
2.3. Key Industry Partners
2.4. Major Association and Secondary Sources
2.5. Forecasting Methodology
2.6. Data Triangulation & Validation
2.7. Assumptions and Limitations

3. Executive Summary

3.1. Overview of the Market
3.2. Overview of Key Market Segmentations
3.3. Overview of Key Market Players
3.4. Overview of Key Regions/Countries
3.5. Overview of Market Drivers, Challenges, Trends

4. Voice of Customer

5. Global Portable Magnetic Resonance Imaging Market Outlook

5.1. Market Size & Forecast
- 5.1.1. By Value
5.2. Market Share & Forecast
- 5.2.1. By Application (Neurology, Musculoskeletal, Gastroenterology, Others)
- 5.2.2. By End-User (Hospitals, Diagnostic Centers, Ambulatory Surgery Centers, Others)
- 5.2.3. By Region
- 5.2.4. By Company (2024)
5.3. Market Map

6. North America Portable Magnetic Resonance Imaging Market Outlook

6.1. Market Size & Forecast
- 6.1.1. By Value
6.2. Market Share & Forecast
- 6.2.1. By Application
- 6.2.2. By End-User
- 6.2.3. By Country
6.3. North America: Country Analysis
- 6.3.1. United States Portable Magnetic Resonance Imaging Market Outlook
  - 6.3.1.1. Market Size & Forecast
    - 6.3.1.1.1. By Value
  - 6.3.1.2. Market Share & Forecast
    - 6.3.1.2.1. By Application
    - 6.3.1.2.2. By End-User
- 6.3.2. Canada Portable Magnetic Resonance Imaging Market Outlook
  - 6.3.2.1. Market Size & Forecast
    - 6.3.2.1.1. By Value
  - 6.3.2.2. Market Share & Forecast
    - 6.3.2.2.1. By Application
    - 6.3.2.2.2. By End-User
- 6.3.3. Mexico Portable Magnetic Resonance Imaging Market Outlook
  - 6.3.3.1. Market Size & Forecast
    - 6.3.3.1.1. By Value
  - 6.3.3.2. Market Share & Forecast
    - 6.3.3.2.1. By Application
    - 6.3.3.2.2. By End-User

7. Europe Portable Magnetic Resonance Imaging Market Outlook

7.1. Market Size & Forecast
- 7.1.1. By Value
7.2. Market Share & Forecast
- 7.2.1. By Application
- 7.2.2. By End-User
- 7.2.3. By Country
7.3. Europe: Country Analysis
- 7.3.1. Germany Portable Magnetic Resonance Imaging Market Outlook
  - 7.3.1.1. Market Size & Forecast
    - 7.3.1.1.1. By Value
  - 7.3.1.2. Market Share & Forecast
    - 7.3.1.2.1. By Application
    - 7.3.1.2.2. By End-User
- 7.3.2. France Portable Magnetic Resonance Imaging Market Outlook
  - 7.3.2.1. Market Size & Forecast
    - 7.3.2.1.1. By Value
  - 7.3.2.2. Market Share & Forecast
    - 7.3.2.2.1. By Application
    - 7.3.2.2.2. By End-User
- 7.3.3. United Kingdom Portable Magnetic Resonance Imaging Market Outlook
  - 7.3.3.1. Market Size & Forecast
    - 7.3.3.1.1. By Value
  - 7.3.3.2. Market Share & Forecast
    - 7.3.3.2.1. By Application
    - 7.3.3.2.2. By End-User
- 7.3.4. Italy Portable Magnetic Resonance Imaging Market Outlook
  - 7.3.4.1. Market Size & Forecast
    - 7.3.4.1.1. By Value
  - 7.3.4.2. Market Share & Forecast
    - 7.3.4.2.1. By Application
    - 7.3.4.2.2. By End-User
- 7.3.5. Spain Portable Magnetic Resonance Imaging Market Outlook
  - 7.3.5.1. Market Size & Forecast
    - 7.3.5.1.1. By Value
  - 7.3.5.2. Market Share & Forecast
    - 7.3.5.2.1. By Application
    - 7.3.5.2.2. By End-User

8. Asia Pacific Portable Magnetic Resonance Imaging Market Outlook

8.1. Market Size & Forecast
- 8.1.1. By Value
8.2. Market Share & Forecast
- 8.2.1. By Application
- 8.2.2. By End-User
- 8.2.3. By Country
8.3. Asia Pacific: Country Analysis
- 8.3.1. China Portable Magnetic Resonance Imaging Market Outlook
  - 8.3.1.1. Market Size & Forecast
    - 8.3.1.1.1. By Value
  - 8.3.1.2. Market Share & Forecast
    - 8.3.1.2.1. By Application
    - 8.3.1.2.2. By End-User
- 8.3.2. India Portable Magnetic Resonance Imaging Market Outlook
  - 8.3.2.1. Market Size & Forecast
    - 8.3.2.1.1. By Value
  - 8.3.2.2. Market Share & Forecast
    - 8.3.2.2.1. By Application
    - 8.3.2.2.2. By End-User
- 8.3.3. Japan Portable Magnetic Resonance Imaging Market Outlook
  - 8.3.3.1. Market Size & Forecast
    - 8.3.3.1.1. By Value
  - 8.3.3.2. Market Share & Forecast
    - 8.3.3.2.1. By Application
    - 8.3.3.2.2. By End-User
- 8.3.4. South Korea Portable Magnetic Resonance Imaging Market Outlook
  - 8.3.4.1. Market Size & Forecast
    - 8.3.4.1.1. By Value
  - 8.3.4.2. Market Share & Forecast
    - 8.3.4.2.1. By Application
    - 8.3.4.2.2. By End-User
- 8.3.5. Australia Portable Magnetic Resonance Imaging Market Outlook
  - 8.3.5.1. Market Size & Forecast
    - 8.3.5.1.1. By Value
  - 8.3.5.2. Market Share & Forecast
    - 8.3.5.2.1. By Application
    - 8.3.5.2.2. By End-User

9. Middle East & Africa Portable Magnetic Resonance Imaging Market Outlook

9.1. Market Size & Forecast
- 9.1.1. By Value
9.2. Market Share & Forecast
- 9.2.1. By Application
- 9.2.2. By End-User
- 9.2.3. By Country
9.3. Middle East & Africa: Country Analysis
- 9.3.1. Saudi Arabia Portable Magnetic Resonance Imaging Market Outlook
  - 9.3.1.1. Market Size & Forecast
    - 9.3.1.1.1. By Value
  - 9.3.1.2. Market Share & Forecast
    - 9.3.1.2.1. By Application
    - 9.3.1.2.2. By End-User
- 9.3.2. UAE Portable Magnetic Resonance Imaging Market Outlook
  - 9.3.2.1. Market Size & Forecast
    - 9.3.2.1.1. By Value
  - 9.3.2.2. Market Share & Forecast
    - 9.3.2.2.1. By Application
    - 9.3.2.2.2. By End-User
- 9.3.3. South Africa Portable Magnetic Resonance Imaging Market Outlook
  - 9.3.3.1. Market Size & Forecast
    - 9.3.3.1.1. By Value
  - 9.3.3.2. Market Share & Forecast
    - 9.3.3.2.1. By Application
    - 9.3.3.2.2. By End-User

10. South America Portable Magnetic Resonance Imaging Market Outlook

10.1. Market Size & Forecast
- 10.1.1. By Value
10.2. Market Share & Forecast
- 10.2.1. By Application
- 10.2.2. By End-User
- 10.2.3. By Country
10.3. South America: Country Analysis
- 10.3.1. Brazil Portable Magnetic Resonance Imaging Market Outlook
  - 10.3.1.1. Market Size & Forecast
    - 10.3.1.1.1. By Value
  - 10.3.1.2. Market Share & Forecast
    - 10.3.1.2.1. By Application
    - 10.3.1.2.2. By End-User
- 10.3.2. Colombia Portable Magnetic Resonance Imaging Market Outlook
  - 10.3.2.1. Market Size & Forecast
    - 10.3.2.1.1. By Value
  - 10.3.2.2. Market Share & Forecast
    - 10.3.2.2.1. By Application
    - 10.3.2.2.2. By End-User
- 10.3.3. Argentina Portable Magnetic Resonance Imaging Market Outlook
  - 10.3.3.1. Market Size & Forecast
    - 10.3.3.1.1. By Value
  - 10.3.3.2. Market Share & Forecast
    - 10.3.3.2.1. By Application
    - 10.3.3.2.2. By End-User

11. Market Dynamics

11.1. Drivers
11.2. Challenges

12. Market Trends & Developments

12.1. Merger & Acquisition (If Any)
12.2. Product Launches (If Any)
12.3. Recent Developments

13. Global Portable Magnetic Resonance Imaging Market : SWOT Analysis

14. Porter's Five Forces Analysis

14.1. Competition in the Industry
14.2. Potential of New Entrants
14.3. Power of Suppliers
14.4. Power of Customers
14.5. Threat of Substitute Products

15. Competitive Landscape

15.1. Hyperfine Inc
- 15.1.1. Business Overview
- 15.1.2. Products & Services
- 15.1.3. Recent Developments
- 15.1.4. Key Personnel
- 15.1.5. SWOT Analysis
15.2. Canon Medical Systems Corporation
15.3. Voxelgrids Innovations Pvt. Ltd.
15.4. PrizMed Imaging
15.5. Siemens Healthineers AG
15.6. Cobalt Health
15.7. GE Healthcare Technologies Inc
15.8. Koninklijke Philips NV
15.9. JMP Medical
15.10. Hitachi Ltd