Global MRI (Magnetic Resonance Imaging System) Market Growth 2025-2031

The global MRI (Magnetic Resonance Imaging System) market size is predicted to grow from US$ 6449 million in 2025 to US$ 7939 million in 2031; it is expected to grow at a CAGR of 3.5% from 2025 to 2031.

Magnetic Resonance Imaging System is the system using the principle of NMR (Nuclear Magnetic Resonance, abbreviated NMR), the energy released in accordance with different structures within the physical environment in different attenuation, with the application of gradient magnetic field detecting the electromagnetic waves emitted can establish the object that nucleus position and kind, accordingly, the object can be shown in the image in the shape of internal structure.

Magnetic Resonance Imaging (MRI) is a medical imaging procedure that uses strong magnetic fields and radio waves to produce cross-sectional images of organs and internal structures in the body. In many cases, MRI gives different information about structures in the body than can be seen with an X-ray, ultrasound, or computed tomography (CT) scan. MRI also may show problems that cannot be seen with other imaging methods.

The major players in global MRI (Magnetic Resonance Imaging System) market include GE, Siemens, Philips, etc. The top 3 players occupy about 60% shares of the global market. North America and Europe are main markets, they occupy about 70% of the global market. Superconducting is the main type, with a share about 80%. Clinic is the main application, which holds a share about 90%.

LP Information, Inc. (LPI) ' newest research report, the “MRI (Magnetic Resonance Imaging System) Industry Forecast” looks at past sales and reviews total world MRI (Magnetic Resonance Imaging System) sales in 2024, providing a comprehensive analysis by region and market sector of projected MRI (Magnetic Resonance Imaging System) sales for 2025 through 2031. With MRI (Magnetic Resonance Imaging System) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world MRI (Magnetic Resonance Imaging System) industry.

This Insight Report provides a comprehensive analysis of the global MRI (Magnetic Resonance Imaging System) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on MRI (Magnetic Resonance Imaging System) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global MRI (Magnetic Resonance Imaging System) market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for MRI (Magnetic Resonance Imaging System) and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global MRI (Magnetic Resonance Imaging System).

This report presents a comprehensive overview, market shares, and growth opportunities of MRI (Magnetic Resonance Imaging System) market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Permanent Magnet
Superconducting

Segmentation by Application:
Clinic
Experiment

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
GE
Siemens
Hitachi
Philips
Toshiba
United Imaging
Neusoft
XGY
Anke
Alltech
WDM

Key Questions Addressed in this Report

What is the 10-year outlook for the global MRI (Magnetic Resonance Imaging System) market?

What factors are driving MRI (Magnetic Resonance Imaging System) market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do MRI (Magnetic Resonance Imaging System) market opportunities vary by end market size?

How does MRI (Magnetic Resonance Imaging System) break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.