Key Highlights of the Portable Magnetic Resonance Imaging (MRI) Market 2025-2034: Growth Dynamics, Trends, and Opportunities
Updated 2025 Market Reports Released: Trends, Forecasts to 2034 – Early Purchase Your Competitive Edge Today!
What is the Forecasted Expansion Rate of the Portable Magnetic Resonance Imaging (MRI) Market Over the 2025–2034 Period?
There has been robust growth in the sector of portable Magnetic Resonance Imaging (MRI) in the last few years. The market, which is expected to expand from $3.52 billion in 2024 to $3.78 billion in 2025, has a compound annual growth rate (CAGR) of 7.5%. The surge during the historical term can be related to factors such as a rise in neurological disorders, an increased need for point-of-care diagnostics, heightened consciousness towards early detection, a requirement for value-effective imaging solutions, advancements in battery technology, as well as enhancements in image resolution.
Accelerated growth is expected in the portable magnetic resonance imaging (MRI) market in the approaching years. The market value is anticipated to reach $4.99 billion by 2029, with a compound annual growth rate (CAGR) of 7.2%. The projected expansion during this period can be linked to various factors such as extended battery life of portable devices, user-friendly interfaces and automated features, cost cuts, refund policies, and the use in cancer diagnostics and tracking the effectiveness of treatments. The prediction period also puts forth significant trends such as artificial intelligence and machine learning protocols, integration with other imaging techniques like ultrasound or CT scans, enhanced resolution and sensitivity, education and training, advancements in regenerative medicine and research, along with customized imaging protocols for patients.
What Key Drivers Are Accelerating the Growth of the Portable Magnetic Resonance Imaging (MRI) Market During the Forecast Period?
The growth of the portable magnetic resonance imaging market is predicted to be fueled by the escalating cases of dementia. This condition falls under the group of advancing neurological disorders marked by a reduction in cognitive function, impacting memory, cognition, behavior and daily task execution skills. The rise in dementia cases is inherently linked to the globally aging populations and enhanced diagnostic proficiencies that enable better disease detection. Portable magnetic resonance imaging (MRI) plays a crucial role in dementia by offering on-site brain imaging that helps in reviewing structural alterations and aids in disease diagnosis and observation in several settings including clinics and care establishments. For instance, statistics from March 2024 reported by the Australia-based government agency, Australian Institute of Health and Welfare, indicated that about 411,100 Australians were diagnosed with dementia in 2023, with projections estimating these numbers to more than double by 2058. Hence, the escalating dementia cases are a key factor propelling the portable magnetic resonance imaging market’s growth.
Explore Comprehensive Insights Into The Global Portable Magnetic Resonance Imaging (MRI) Market With A Free Sample Report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=16769&type=smp
Who Are the Leading Organizations Fueling the Expansion of the Portable Magnetic Resonance Imaging (MRI) Market?
Major companies operating in the portable magnetic resonance imaging (MRI) market are:
• TATA group_x000D_
• Siemens Healthineers AG_x000D_
• Koninklijke Philips N.V._x000D_
• Alliance HealthCare Services Inc._x000D_
• Akumin Inc._x000D_
Which Cutting-Edge Trends Are Expected to Drive the Portable Magnetic Resonance Imaging (MRI) Market’s Growth?
Major players in the portable MRI market are intensifying efforts to provide innovative solutions like mobile MR imaging scanners to boost accessibility and flexibility in the medical imaging sector, more so in remote and point-of-care locations. MRI scanners utilize intense magnetic fields and radio waves to produce intricate images of the body’s internal organs and tissues. An illustration of this is the launch of MAGNETOM Viato Mobile in November 2022 by Siemens Healthcare AG, a German healthcare firm. This new mobile MR imaging scanner, rated 1.5 Tesla (1.5T), is specifically designed for easy transport to offsite spots. The 70-centimeter-bore scanner can be conveniently installed inside a trailer, thereby transporting cutting-edge medical imaging to patients who otherwise would need to traverse far-flung distances. The MAGNETOM Viato.Mobile was recently awarded FDA clearance, underscoring Siemens Healthineers’ dedication to the mobile MR market and their relentless pursuit of making sophisticated imaging technology more accessible. This innovation lets healthcare practitioners deliver advanced medical imaging to patients, especially in areas with limited healthcare access, who would normally have to travel a great distance.
Secure Your Global Portable Magnetic Resonance Imaging (MRI) Market Report Now for Fast and Efficient Delivery!
What Are the Key Components of the Portable Magnetic Resonance Imaging (MRI) Market, and How Do Its Segments Perform?
The portable magnetic resonance imaging (MRI) market covered in this report is segmented –
1) By Product: Superconducting-Magnet-Based Portable Magnetic Resonance Imaging (MRI), Electromagnet-Based Portable Magnetic Resonance Imaging (MRI), Permanent-Magnet-Based Portable Magnetic Resonance Imaging (MRI)
2) By Application: Neurology, Musculoskeletal, Gastroenterology, Other Applications
3) By End User: Hospitals, Diagnostic Centers, Ambulatory Surgery Centers, Other End Users
Subsegments:
1) By Superconducting-Magnet-Based Portable MRI: High-Field Superconducting MRI, Low-Field Superconducting MRI, Compact Superconducting MRI Systems, Superconducting MRI For Neurological Imaging, Superconducting MRI For Musculoskeletal Imaging
2) By Electromagnet-Based Portable MRI: Low-Field Electromagnet MRI Systems, Medium-Field Electromagnet MRI Systems, Electromagnetic MRI For Point-Of-Care Use, Electromagnet MRI For Diagnostic Imaging, Portable Electromagnet MRI For Emergency Settings
3) By Permanent-Magnet-Based Portable MRI: High-Resolution Permanent Magnet MRI, Low-Field Permanent Magnet MRI, Compact Permanent Magnet MRI Systems, Permanent Magnet MRI For Field Use, Permanent Magnet MRI For Veterinary Applications
Which Regions Are Most Influential in Expanding the Portable Magnetic Resonance Imaging (MRI) Market?
North America was the largest region in the portable magnetic resonance imaging (MRI) market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the portable magnetic resonance imaging (MRI) market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Does the Definition of the Portable Magnetic Resonance Imaging (MRI) Market Include?
Portable magnetic resonance imaging (MRI) refers to a compact, mobile version of traditional magnetic resonance imaging (MRI) technology that allows for on-site imaging of patients in various settings, such as bedside in hospitals or remote locations. These devices provide high-quality diagnostic images, enhancing accessibility and convenience for patients and healthcare providers.
Browse Through More Similar Reports By The Business Research Company:
Water Purifiers Market 2021 – By Technology Type (Respiratory RO Water Purifier, UV Water Purifier, Gravity-Based Water Purifier), By End-User (Industrial, Commercial, Household), By Distribution Channel (Retail Stores, Direct Sales, Online), By Portability (Portable, Non-Portable), By Device Type (Wall Mounted, Countertop And Tabletop, Faucet-Mounted, Under-The-Sink), And By Region, Opportunities And Strategies – Global Forecast To 2030
https://www.thebusinessresearchcompany.com/report/water-purifiers-market
Portable Ultrasound Devices Global Market Opportunities And Strategies To 2022
https://www.thebusinessresearchcompany.com/report/portable-ultrasound-devices-market
Portable Toilet Rental Global Market Report 2024
https://www.thebusinessresearchcompany.com/report/portable-toilet-rental-global-market-report
About The Business Research Company:
With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead in the game.
Contact us at:
The Business Research Company: https://www.thebusinessresearchcompany.com/
Americas +1 3156230293
Asia +44 2071930708
Europe +44 2071930708
Email us at [email protected]
Follow us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Found this article helpful? Share it on:
