Global Magnetic Resonance Imaging Systems Devices And Equipment Market
Medical Equipment

Top Growth Trends in the Magnetic Resonance Imaging Systems Devices And Equipment Market: Insights into Market Size and Opportunities for 2025-2034

2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!

Which Major Market Drivers Are Expected to Boost the Growth Potential of the Magnetic Resonance Imaging Systems Devices And Equipment Market?

Changing lifestyles, technological advancements, and a rise in chronic diseases are increasing the demand for diagnostic equipment, particularly MRI systems. These systems are crucial for detailed imaging and disease monitoring. In India, for instance, 150,000 health and wellness centers, backed by a $1.8 billion budget, aim to make healthcare more accessible. The increased focus on health and health insurance is also stimulating growth in the MRI systems market.

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#What Are the Key Projections for the CAGR of the Magnetic Resonance Imaging Systems Devices And Equipment Market From 2025 to 2034?

The magnetic resonance imaging systems devices and equipment market size has shown strong growth in recent years. It is set to grow from $10.07 billion in 2024 to $10.74 billion in 2025, marking a CAGR of 6.6%. This growth can be attributed to advances in diagnostic imaging, an aging population, trauma and emergency care, and oncology and cancer diagnostics.

The magnetic resonance imaging (MRI) systems market is projected to grow steadily, reaching $12.02 billion by 2029, at a CAGR of 2.9%. Growth is supported by emerging markets, regulatory support, radiation reduction techniques, and the shift toward value-based healthcare. Trends include high-field and ultra-high-field MRI systems, cardiac MRI, musculoskeletal MRI, and hybrid imaging technologies.

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What Are the Current Market Growth and Trends in theMagnetic Resonance Imaging Systems Devices And Equipment Market That Industry Players Should Watch?

In the magnetic resonance imaging (MRI) systems market, companies are developing mobile MRI scanners to improve patient accessibility, reduce the need for transportation, and provide diagnostic services directly at the point of care. For example, in November 2022, Siemens Healthineers launched the MAGNETOM Viato.Mobile, a mobile MRI scanner that offers high-quality imaging and enhanced operational efficiency, including remote scanning and consultations via platforms like syngo Virtual Cockpit and WeScan.

Who Are the Top Companies Driving Innovation and Growth in theMagnetic Resonance Imaging Systems Devices And Equipment Market?

Major companies operating in the magnetic resonance imaging systems devices and equipment market include Siemens Healthineers, GE Healthcare, Philips Healthcare, Hitachi Ltd., Canon Medical Systems, Esaote S.p.A, Bruker Corporation, Fonar Corporation, Neusoft Medical Systems Co. Ltd., Time Medical Systems, Aurora Imaging Technology, AllTech Medical Systems, Magnetica, Tomtec Imaging Systems GMBH, Sanrad Medical Systems Pvt. Ltd., Agilent Technologies Inc., Analogic Corporation, Hologic Inc, IMRIS Inc., Innervision Mri, Medinus Co., Medtronic plc, Millennium Technology Inc., Mindray Medical International Ltd., MR Solutions, Toshiba Corporation, Koninklijke Philips N.V., Hyperfine

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Which Key Market Segments Comprise the Magnetic Resonance Imaging Systems Devices And Equipment Market and Drive Its Revenue Growth?

The magnetic resonance imaging systems devices and equipment market covered in this report is segmented –

1) By Type: Close MRI, Open MRI

2) By Application: Oncology, Neurology, Cardiology, Inflamatory and Infectious Diseases, Other Applications

3) By End User: Hospitals, Imaging centers, Ambulatory surgical centers

Subsegments:

1) By Close MRI: High-field MRI, Low-field MRI, Very High-field MRI

2) By Open MRI: Open High-field MRI, Open Low-field MRI

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Which Regions Are Emerging as Leaders in the Magnetic Resonance Imaging Systems Devices And Equipment Market?

Western Europe was the largest region in the global magnetic resource imaging devices and equipment market in 2023. North America was the second-largest region in global magnetic resource imaging devices and equipment market. The regions covered in the magnetic resonance imaging systems devices and equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

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