Global Magnetic Resonance Imaging Coils Market 2021-2025

Global MRI Coils Market 2021-2025

Technavio has been monitoring the MRI coils market and it is poised to grow by $ 1092.30 million during 2021-2025, progressing at a CAGR of 5.11% during the forecast period. Our report on the MRI coils market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the rising demand for non-invasive diagnostic procedures and the growing number of MRI procedures. In addition, rising demand for non-invasive diagnostic procedures is anticipated to boost the growth of the market as well.

The MRI coils market analysis includes the type segment and geographic landscape.

Technavio's MRI coils market is segmented as below:

By Type

  • Adult
  • Pediatric
By Geographic
  • North America
  • Europe
  • Asia
  • ROW
This study identifies the growing aging population and increase in the incidence of chronic diseasesas one of the prime reasons driving the MRI coils market growth during the next few years.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on MRI coils market covers the following areas:
  • MRI coils market sizing
  • MRI coils market forecast
  • MRI coils market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading MRI coils market vendors that include DxTx Medical, Esaote Spa, General Electric Co., Hitachi Ltd., IMRIS Inc., Koninklijke Philips NV, NORAS MRI products GmbH, RAPID MR International LLC, Siemens AG, and Toshiba Corp. Also, the MRI coils market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Companies Mentioned

DxTx Medical, Esaote Spa, General Electric Co., Hitachi Ltd., IMRIS Inc., Koninklijke Philips NV, NORAS MRI products GmbH, RAPID MR International LLC, Siemens AG, Toshiba Corp.


  • Executive Summary
  • Market Landscape
    • Market ecosystem
      • Table Parent market
      • Table Market characteristics
    • Value chain analysis
      • Table Value chain analysis: Healthcare equipment
      • Research and development
      • Inputs
      • Operations
      • Distribution
      • Marketing and sales
      • Post-sales and services
      • Industry innovations
  • Market Sizing
    • Market definition
      • Table Offerings of vendors included in the market definition
    • Market segment analysis
      • Table Market segments
    • Market size 2020
    • Market outlook: Forecast for 2020 - 2025
      • Estimating growth rates for emerging and high-growth markets
      • Estimating growth rates for mature markets
        • Table Global - Market size and forecast 2020 - 2025 ($ million)
        • Table Global market: Year-over-year growth 2020 - 2025 (%)
  • Five Forces Analysis
    • Five forces summary
      • Table Five forces analysis 2020 & 2025
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2020
  • Market Segmentation by Patient type
    • Market segments
      • Table Patient type - Market share 2020-2025 (%)
    • Comparison by Patient type
      • Table Comparison by Patient type
    • Adult - Market size and forecast 2020-2025
      • Table Adult - Market size and forecast 2020-2025 ($ million)
      • Table Adult - Year-over-year growth 2020-2025 (%)
    • Pediatric - Market size and forecast 2020-2025
      • Table Pediatric - Market size and forecast 2020-2025 ($ million)
      • Table Pediatric - Year-over-year growth 2020-2025 (%)
    • Market opportunity by Patient type
      • Table Market opportunity by Patient type
  • Customer landscape
    • Table Customer landscape
  • Geographic Landscape
    • Geographic segmentation
      • Table Market share by geography 2020-2025 (%)
    • Geographic comparison
      • Table Geographic comparison
    • North America - Market size and forecast 2020-2025
      • Table North America - Market size and forecast 2020-2025 ($ million)
      • Table North America - Year-over-year growth 2020-2025 (%)
    • Europe - Market size and forecast 2020-2025
      • Table Europe - Market size and forecast 2020-2025 ($ million)
      • Table Europe - Year-over-year growth 2020-2025 (%)
    • Asia - Market size and forecast 2020-2025
      • Table Asia - Market size and forecast 2020-2025 ($ million)
      • Table Asia - Year-over-year growth 2020-2025 (%)
    • ROW - Market size and forecast 2020-2025
      • Table ROW - Market size and forecast 2020-2025 ($ million)
      • Table ROW - Year-over-year growth 2020-2025 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity by geography
      • Table Market opportunity by geography
  • Drivers, Challenges, and Trends
    • Market drivers
      • Rising demand for non-invasive diagnostic procedures
      • Growing number of MRI procedures
      • Growing aging population and increase in the incidence of chronic diseases
    • Market challenges
      • High cost of MRI coils
      • Stringent regulations and product recalls
      • Intensified competition and pricing pressure among key players
        • Table Impact of drivers and challenges
    • Market trends
      • Availability of custom MRI coils
      • Strategic acquisitions and product launches
      • Growing preference for multi-channel and multipurpose MRI coils
  • Vendor Landscape
    • Overview
    • Vendor landscape
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
      • Table Industry risks
  • Vendor Analysis
    • Vendors covered
      • Table Vendors covered
    • Market positioning of vendors
      • Table Market positioning of vendors
    • DxTx Medical
      • Table DxTx Medical – Overview
      • Table DxTx Medical - Product and service
      • Table DxTx Medical - Key offerings
    • Esaote Spa
      • Table Esaote Spa – Overview
      • Table Esaote Spa - Product and service
      • Table Esaote Spa - Key offerings
    • General Electric Co.
      • Table General Electric Co. –Overview
      • Table General Electric Co. - Business segments
      • Table General Electric Co.-Key news
      • Table General Electric Co. - Key offerings
      • Table General Electric Co. - Segment focus
    • Hitachi Ltd.
      • Table Hitachi Ltd. –Overview
      • Table Hitachi Ltd. - Business segments
      • Table Hitachi Ltd. -Key news
      • Table Hitachi Ltd. - Key offerings
      • Table Hitachi Ltd. - Segment focus
    • IMRIS Inc.
      • Table IMRIS Inc. –Overview
      • Table IMRIS Inc. - Product and service
      • Table IMRIS Inc. - Key offerings
    • Koninklijke Philips NV
      • Table Koninklijke Philips NV – Overview
      • Table Koninklijke Philips NV - Business segments
      • Table Koninklijke Philips NV - Key offerings
      • Table Koninklijke Philips NV - Segment focus
    • NORAS MRI products GmbH
      • Table NORAS MRI products GmbH – Overview
      • Table NORAS MRI products GmbH - Product and service
      • Table NORAS MRI products GmbH - Key offerings
    • RAPID MR International LLC
      • Table RAPID MR International LLC – Overview
      • Table RAPID MR International LLC - Product and service
      • Table RAPID MR International LLC - Key offerings
    • Siemens AG
      • Table Siemens AG – Overview
      • Table Siemens AG - Business segments
      • Table Siemens AG-Key news
      • Table Siemens AG - Key offerings
      • Table Siemens AG - Segment focus
    • Toshiba Corp.
      • Table Toshiba Corp. –Overview
      • Table Toshiba Corp. - Business segments
      • Table Toshiba Corp. - Key offerings
      • Table Toshiba Corp. - Segment focus
  • Appendix
    • Scope of the report
      • Market definition
      • Objectives
      • Notes and caveats
    • Currency conversion rates for US$
      • Table Currency conversion rates for US$
    • Research methodology
      • Table Research Methodology
      • Table Validation techniques employed for market sizing
      • Table Information sources
    • List of abbreviations
      • Table List of abbreviations

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