Global Magnetic Resonance Imaging Devices Market Growth 2025-2031

The global Magnetic Resonance Imaging Devices market size is predicted to grow from US$ 6451 million in 2025 to US$ 7522 million in 2031; it is expected to grow at a CAGR of 2.6% from 2025 to 2031.

Magnetic resonance imaging (MRI) is a medical imaging technique used in radiology to form pictures of the anatomy and the physiological processes of the body. MRI scanners use strong magnetic fields, magnetic field gradients, and radio waves to generate images of the organs in the body. MRI does not involve X-rays or the use of ionizing radiation, which distinguishes it from CT and PET scans. MRI is a medical application of nuclear magnetic resonance (NMR). NMR can also be used for imaging in other NMR applications, such as NMR spectroscopy.

According to our research, the global market for medical devices is estimated at US$ 603 billion in the year 2023, and will be growing at a CAGR of 5% during next six years. The global healthcare spending contributes to occupy 10% of the global GDP and is continuously rising in recent years due to the increasing health needs of the aging population, the growing prevalence of chronic and infectious diseases and the expansion of emerging markets. The medical devices market plays a significant role in the healthcare industry. The market is driven by several factors, including the increasing demand for advanced healthcare services globally, advancements in medical technology, growing geriatric population, rising healthcare expenditure, and increasing awareness about early disease diagnosis and treatment.

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

This Insight Report provides a comprehensive analysis of the global Magnetic Resonance Imaging Devices 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 Magnetic Resonance Imaging Devices portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Magnetic Resonance Imaging Devices market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Magnetic Resonance Imaging Devices 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 Magnetic Resonance Imaging Devices.

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

Segmentation by Type:
Closed
Open

Segmentation by Application:
Experiment Use
Clinical Use

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.
Bruker Corporation
Analogic Corporation
Bracco Diagnostics Inc.
Canon Medical Systems Europe B.V.
Fonar Corporation
GE Company
Hitachi, Ltd.
Suzhou Niumag Analytical Instrument Corporation
Hologic. InC.
Johnson & Johnson
Quantitative Radiology Solutions
Siemens Corporation
WaveGuide Corporation
WDM
Verlmagin
Sinorad

Key Questions Addressed in this Report

What is the 10-year outlook for the global Magnetic Resonance Imaging Devices market?

What factors are driving Magnetic Resonance Imaging Devices market growth, globally and by region?

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

How do Magnetic Resonance Imaging Devices market opportunities vary by end market size?

How does Magnetic Resonance Imaging Devices break out by Type, by Application?

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