Global MRI Systems Market 2019 by Manufacturers, Regions, Type and Application, Forecast to (2025-2033)
Published: July 2025
ID: IMR2045
MRI Systems Market Synopsis
Global MRI Systems Market is projected to grow from USD 6.0 Billion in 2024 to around USD 10.8 Billion by 2033, registering a CAGR of around 6.2% during the forecast period 2024-33.
MRI (Magnetic Resonance Imaging) systems market is growing at a stable pace due to the rise in cases of chronic conditions, growth of improvement in imaging technologies, and fast-growing demand of accurate and non-invasive modes of diagnosis. MRI devices happen to be common in hospitals, diagnostic facilities and research facilities and are utilized in acquiring fine detail soft tissues, neurological issues, cardiovascular protection and musculoskeletal examination.
MRI Systems Market Regional Insights
North America will lead in the MRI systems market in terms of share, throughout the casting period, with well-established healthcare infrastructure, adoption of the advanced imaging technology, and the presence of major manufacturers of MRI devices. The area is the one that has significant research and development investments with an integration of innovations of, but not limited to, AI-assisted imaging, high-field MRI systems and rapid-scan series. The increasing rates of chronic diseases, a graying population, and the need to have an early and accurate diagnosis are some factors that keep driving the growth of the market. The reimbursement policies are favorable and there are good radiologists available, which makes the region even stronger. Although other geographies like the Asia pacific are reporting an accelerated trajectory driven by increased access to healthcare, North America will be the leader because of its technological prowess and strong healthcare ecosystem.
Recent Development
· In March 2025, Polarean Imaging plc has broadened the capabilities of its Xenon MRI imaging platform to support pharmaceutical-sponsored research. In collaboration with VIDA Diagnostics, the company introduced a new service model designed to facilitate the use of the platform in advanced research applications.
· In June 2023, Imagion Biosystems Limited strengthened its partnership with Siemens Healthineers by extending its existing agreement with Siemens Healthcare Pty Ltd in Australia for an additional two years. The collaboration has also been expanded to include joint efforts in the United States through Siemens Medical Solutions USA.
MRI Systems Market Segment Analysis
The MRI Systems Market is segmented on the basis of Architecture, Field Strength, and Application.
By Architecture
o Open Systems
o Closed Systems
By Field Strength
o High
o Low
o Mid
By Application
o Automotive & Transportation
o Building & Construction
o Consumer Goods
o Foil & Packaging
o Machinery & Equipment Industrial
o Power
o Other Applications
By End-Use
o Hospitals
o Ambulatory Surgical Centers
o Imaging Centers
o Other End-Uses
By Region
o North America (U.S., Canada, Mexico)
o Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
o Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
o Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New-Zealand, Rest of APAC)
o Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
o South America (Brazil, Argentina, Rest of SA)
Active Key Players in the MRI Systems Market
o Siemens Healthineers
o Koninklijke Philips N.V.
o Hitachi Healthcare (Hitachi High-Tech Corporation)
o Canon Medical Systems
o Hologic Inc.
o Esaote SPA
o Bruker Corporation
o Fujifilm Holdings Corporation
o Aurora Imaging Technologies, Inc.
o Shimadzu Corporation
o Other Key Players