The Market Reports

Synopsis
The global market for MRI (Magnetic Resonance Imaging System) was estimated to be worth US$ 6592 million in 2024 and is forecast to a readjusted size of US$ 8303 million by 2031 with a CAGR of 3.4% during the forecast period 2025-2031.
This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on MRI (Magnetic Resonance Imaging System) cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.
An MRI (Magnetic Resonance Imaging) system is an advanced medical imaging device that uses strong magnetic fields and radiofrequency waves to generate detailed images of organs, tissues, and internal structures within the human body. Unlike X-rays or CT scans, MRI does not use ionizing radiation, making it a safer option for repeated examinations. MRI systems are widely used in diagnosing neurological, musculoskeletal, cardiovascular, and oncological conditions, and they play a crucial role in both clinical diagnosis and medical research.
The MRI (Magnetic Resonance Imaging) system market is driven by the rising global incidence of chronic diseases such as cancer, neurological disorders, and musculoskeletal conditions that require accurate and early diagnosis. MRI’s ability to provide high-resolution, radiation-free imaging makes it a preferred diagnostic tool in modern healthcare. Technological advancements—such as high-field strength systems (3T and above), functional MRI (fMRI), diffusion imaging, and AI-based image analysis—are further enhancing diagnostic capabilities. In addition, increasing healthcare investments, growing awareness of preventive healthcare, and the expansion of diagnostic infrastructure in emerging economies are contributing to market growth.
Despite its advantages, the MRI system market faces several key challenges. High equipment and maintenance costs limit accessibility, especially in low- and middle-income countries and smaller healthcare institutions. MRI systems also require specialized infrastructure, long installation times, and skilled professionals for operation and interpretation. Patient discomfort during long scan durations, issues like claustrophobia in closed systems, and contraindications in individuals with metal implants reduce utilization rates. Furthermore, regulatory hurdles and inconsistent reimbursement policies in some regions create additional barriers for widespread adoption of advanced MRI technologies.
This report aims to provide a comprehensive presentation of the global market for MRI (Magnetic Resonance Imaging System), focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of MRI (Magnetic Resonance Imaging System) by region & country, by Type, and by Application.
The MRI (Magnetic Resonance Imaging System) market size, estimations, and forecasts are provided in terms of sales volume (Units) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding MRI (Magnetic Resonance Imaging System).
Market Segmentation
By Company
Siemens
Philips
GE Healthcare
Canon Medical
Fujifilm
United Imaging
Neusoft
XGY
Anke
Alltech
Wandong
BASDA
Segment by Type
Permanent Magnet
Superconducting
Segment by Application
Clinic
Experiment
By Region
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Netherlands
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of MRI (Magnetic Resonance Imaging System) manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of MRI (Magnetic Resonance Imaging System) in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of MRI (Magnetic Resonance Imaging System) in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.

Index