MRI Systems Market - By Architecture (Open System, Closed System), By Application (Oncology, Neurology, Musculoskeletal, Vascular, Gastroenterology, Cardiology), By Field Strength (Low Field Strength, Mid Field Strength, High Field Strength), By End-use (

MRI Systems Market - By Architecture (Open System, Closed System), By Application (Oncology, Neurology, Musculoskeletal, Vascular, Gastroenterology, Cardiology), By Field Strength (Low Field Strength, Mid Field Strength, High Field Strength), By End-use (Hospitals, Imaging Centers, Clinics) & Global Forecast, 2023 - 2032

Magnetic Resonance Imaging Systems Market is anticipated to grow notably during 2023-2032, owing to the rising popularity around early disease diagnosis. Early screening and detection programs have gained huge traction in recent years because they could help offer enhanced outcomes and save lives. The market expansion can further be fueled by several factors including constant advancements in medical technology.

Overall, the magnetic resonance imaging screening industry is segmented in terms of architecture, field strength, application, end-use and region.

Based on architecture, the open system architecture segment will grow notably during 2023 and 2032. Open MRI systems have gained immense popularity and have been the preferred choice owing to their comparatively open architecture. This architecture empowers more space and less confinement than conventional closed MRI machines. In addition, these systems offer patients a more comfortable and less confining experience. For obese or overweight individuals as well as those with disabilities, open MRI devices provide more accessibility.

By field strength, the low field strength segment will depict over 5% CAGR through 2032. Low-field strength MRI systems are becoming more widely available, especially in developing countries, as they are more feasible and affordable. In addition, cutting-edge technological advancements have improved the image quality of low-field MRI systems, making them as good as high-field MRI systems.

Considering the application, the neurology segment will be valued at over USD 2 billion by 2032. The segmental growth can be attributed to the fact that MRI is one of the most effective ways of detecting cancer, its position, size, and relationship with the linked brain tissues. Besides, it also assists in identifying the tumor kind, which is crucial for selecting the best course of action.

In terms of end-use, the ambulatory surgical centers segment will grow significantly through 2032. MRIs are a crucial part of diagnostic services in many ambulatory surgery facilities owing to their advantages such as non-invasiveness, high-quality pictures, and several others. Besides, it is an important tool that helps in preoperative planning and postoperative monitoring, even if it is not frequently employed for surgical procedures at ambulatory surgical centers.

Geographically, the Europe MRI systems industry will expand during 2023–2032, owing to the increasing penetration and demand for open MRI, especially among patients who are claustrophobic or obese. These systems offer patients larger rooms, which helps increase comfort and lessen the need for sedation.