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
By Region
- North America
- 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.
Table of Contents
1 Market Overview
- 1.1 MRI (Magnetic Resonance Imaging System) Product Introduction
- 1.2 Global MRI (Magnetic Resonance Imaging System) Market Size Forecast
- 1.2.1 Global MRI (Magnetic Resonance Imaging System) Sales Value (2020-2031)
- 1.2.2 Global MRI (Magnetic Resonance Imaging System) Sales Volume (2020-2031)
- 1.2.3 Global MRI (Magnetic Resonance Imaging System) Sales Price (2020-2031)
- 1.3 MRI (Magnetic Resonance Imaging System) Market Trends & Drivers
- 1.3.1 MRI (Magnetic Resonance Imaging System) Industry Trends
- 1.3.2 MRI (Magnetic Resonance Imaging System) Market Drivers & Opportunity
- 1.3.3 MRI (Magnetic Resonance Imaging System) Market Challenges
- 1.3.4 MRI (Magnetic Resonance Imaging System) Market Restraints
- 1.4 Assumptions and Limitations
- 1.5 Study Objectives
- 1.6 Years Considered
2 Competitive Analysis by Company
- 2.1 Global MRI (Magnetic Resonance Imaging System) Players Revenue Ranking (2024)
- 2.2 Global MRI (Magnetic Resonance Imaging System) Revenue by Company (2020-2025)
- 2.3 Global MRI (Magnetic Resonance Imaging System) Players Sales Volume Ranking (2024)
- 2.4 Global MRI (Magnetic Resonance Imaging System) Sales Volume by Company Players (2020-2025)
- 2.5 Global MRI (Magnetic Resonance Imaging System) Average Price by Company (2020-2025)
- 2.6 Key Manufacturers MRI (Magnetic Resonance Imaging System) Manufacturing Base and Headquarters
- 2.7 Key Manufacturers MRI (Magnetic Resonance Imaging System) Product Offered
- 2.8 Key Manufacturers Time to Begin Mass Production of MRI (Magnetic Resonance Imaging System)
- 2.9 MRI (Magnetic Resonance Imaging System) Market Competitive Analysis
- 2.9.1 MRI (Magnetic Resonance Imaging System) Market Concentration Rate (2020-2025)
- 2.9.2 Global 5 and 10 Largest Manufacturers by MRI (Magnetic Resonance Imaging System) Revenue in 2024
- 2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in MRI (Magnetic Resonance Imaging System) as of 2024)
- 2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
- 3.1 Introduction by Type
- 3.1.1 Permanent Magnet
- 3.1.2 Superconducting
- 3.2 Global MRI (Magnetic Resonance Imaging System) Sales Value by Type
- 3.2.1 Global MRI (Magnetic Resonance Imaging System) Sales Value by Type (2020 VS 2024 VS 2031)
- 3.2.2 Global MRI (Magnetic Resonance Imaging System) Sales Value, by Type (2020-2031)
- 3.2.3 Global MRI (Magnetic Resonance Imaging System) Sales Value, by Type (%) (2020-2031)
- 3.3 Global MRI (Magnetic Resonance Imaging System) Sales Volume by Type
- 3.3.1 Global MRI (Magnetic Resonance Imaging System) Sales Volume by Type (2020 VS 2024 VS 2031)
- 3.3.2 Global MRI (Magnetic Resonance Imaging System) Sales Volume, by Type (2020-2031)
- 3.3.3 Global MRI (Magnetic Resonance Imaging System) Sales Volume, by Type (%) (2020-2031)
- 3.4 Global MRI (Magnetic Resonance Imaging System) Average Price by Type (2020-2031)
4 Segmentation by Application
- 4.1 Introduction by Application
- 4.1.1 Clinic
- 4.1.2 Experiment
- 4.2 Global MRI (Magnetic Resonance Imaging System) Sales Value by Application
- 4.2.1 Global MRI (Magnetic Resonance Imaging System) Sales Value by Application (2020 VS 2024 VS 2031)
- 4.2.2 Global MRI (Magnetic Resonance Imaging System) Sales Value, by Application (2020-2031)
- 4.2.3 Global MRI (Magnetic Resonance Imaging System) Sales Value, by Application (%) (2020-2031)
- 4.3 Global MRI (Magnetic Resonance Imaging System) Sales Volume by Application
- 4.3.1 Global MRI (Magnetic Resonance Imaging System) Sales Volume by Application (2020 VS 2024 VS 2031)
- 4.3.2 Global MRI (Magnetic Resonance Imaging System) Sales Volume, by Application (2020-2031)
- 4.3.3 Global MRI (Magnetic Resonance Imaging System) Sales Volume, by Application (%) (2020-2031)
- 4.4 Global MRI (Magnetic Resonance Imaging System) Average Price by Application (2020-2031)
5 Segmentation by Region
- 5.1 Global MRI (Magnetic Resonance Imaging System) Sales Value by Region
- 5.1.1 Global MRI (Magnetic Resonance Imaging System) Sales Value by Region: 2020 VS 2024 VS 2031
- 5.1.2 Global MRI (Magnetic Resonance Imaging System) Sales Value by Region (2020-2025)
- 5.1.3 Global MRI (Magnetic Resonance Imaging System) Sales Value by Region (2026-2031)
- 5.1.4 Global MRI (Magnetic Resonance Imaging System) Sales Value by Region (%), (2020-2031)
- 5.2 Global MRI (Magnetic Resonance Imaging System) Sales Volume by Region
- 5.2.1 Global MRI (Magnetic Resonance Imaging System) Sales Volume by Region: 2020 VS 2024 VS 2031
- 5.2.2 Global MRI (Magnetic Resonance Imaging System) Sales Volume by Region (2020-2025)
- 5.2.3 Global MRI (Magnetic Resonance Imaging System) Sales Volume by Region (2026-2031)
- 5.2.4 Global MRI (Magnetic Resonance Imaging System) Sales Volume by Region (%), (2020-2031)
- 5.3 Global MRI (Magnetic Resonance Imaging System) Average Price by Region (2020-2031)
- 5.4 North America
- 5.4.1 North America MRI (Magnetic Resonance Imaging System) Sales Value, 2020-2031
- 5.4.2 North America MRI (Magnetic Resonance Imaging System) Sales Value by Country (%), 2024 VS 2031
- 5.5 Europe
- 5.5.1 Europe MRI (Magnetic Resonance Imaging System) Sales Value, 2020-2031
- 5.5.2 Europe MRI (Magnetic Resonance Imaging System) Sales Value by Country (%), 2024 VS 2031
- 5.6 Asia Pacific
- 5.6.1 Asia Pacific MRI (Magnetic Resonance Imaging System) Sales Value, 2020-2031
- 5.6.2 Asia Pacific MRI (Magnetic Resonance Imaging System) Sales Value by Region (%), 2024 VS 2031
- 5.7 South America
- 5.7.1 South America MRI (Magnetic Resonance Imaging System) Sales Value, 2020-2031
- 5.7.2 South America MRI (Magnetic Resonance Imaging System) Sales Value by Country (%), 2024 VS 2031
- 5.8 Middle East & Africa
- 5.8.1 Middle East & Africa MRI (Magnetic Resonance Imaging System) Sales Value, 2020-2031
- 5.8.2 Middle East & Africa MRI (Magnetic Resonance Imaging System) Sales Value by Country (%), 2024 VS 2031
6 Segmentation by Key Countries/Regions
- 6.1 Key Countries/Regions MRI (Magnetic Resonance Imaging System) Sales Value Growth Trends, 2020 VS 2024 VS 2031
- 6.2 Key Countries/Regions MRI (Magnetic Resonance Imaging System) Sales Value and Sales Volume
- 6.2.1 Key Countries/Regions MRI (Magnetic Resonance Imaging System) Sales Value, 2020-2031
- 6.2.2 Key Countries/Regions MRI (Magnetic Resonance Imaging System) Sales Volume, 2020-2031
- 6.3 United States
- 6.3.1 United States MRI (Magnetic Resonance Imaging System) Sales Value, 2020-2031
- 6.3.2 United States MRI (Magnetic Resonance Imaging System) Sales Value by Type (%), 2024 VS 2031
- 6.3.3 United States MRI (Magnetic Resonance Imaging System) Sales Value by Application, 2024 VS 2031
- 6.4 Europe
- 6.4.1 Europe MRI (Magnetic Resonance Imaging System) Sales Value, 2020-2031
- 6.4.2 Europe MRI (Magnetic Resonance Imaging System) Sales Value by Type (%), 2024 VS 2031
- 6.4.3 Europe MRI (Magnetic Resonance Imaging System) Sales Value by Application, 2024 VS 2031
- 6.5 China
- 6.5.1 China MRI (Magnetic Resonance Imaging System) Sales Value, 2020-2031
- 6.5.2 China MRI (Magnetic Resonance Imaging System) Sales Value by Type (%), 2024 VS 2031
- 6.5.3 China MRI (Magnetic Resonance Imaging System) Sales Value by Application, 2024 VS 2031
- 6.6 Japan
- 6.6.1 Japan MRI (Magnetic Resonance Imaging System) Sales Value, 2020-2031
- 6.6.2 Japan MRI (Magnetic Resonance Imaging System) Sales Value by Type (%), 2024 VS 2031
- 6.6.3 Japan MRI (Magnetic Resonance Imaging System) Sales Value by Application, 2024 VS 2031
- 6.7 South Korea
- 6.7.1 South Korea MRI (Magnetic Resonance Imaging System) Sales Value, 2020-2031
- 6.7.2 South Korea MRI (Magnetic Resonance Imaging System) Sales Value by Type (%), 2024 VS 2031
- 6.7.3 South Korea MRI (Magnetic Resonance Imaging System) Sales Value by Application, 2024 VS 2031
- 6.8 Southeast Asia
- 6.8.1 Southeast Asia MRI (Magnetic Resonance Imaging System) Sales Value, 2020-2031
- 6.8.2 Southeast Asia MRI (Magnetic Resonance Imaging System) Sales Value by Type (%), 2024 VS 2031
- 6.8.3 Southeast Asia MRI (Magnetic Resonance Imaging System) Sales Value by Application, 2024 VS 2031
- 6.9 India
- 6.9.1 India MRI (Magnetic Resonance Imaging System) Sales Value, 2020-2031
- 6.9.2 India MRI (Magnetic Resonance Imaging System) Sales Value by Type (%), 2024 VS 2031
- 6.9.3 India MRI (Magnetic Resonance Imaging System) Sales Value by Application, 2024 VS 2031
7 Company Profiles
- 7.1 Siemens
- 7.1.1 Siemens Company Information
- 7.1.2 Siemens Introduction and Business Overview
- 7.1.3 Siemens MRI (Magnetic Resonance Imaging System) Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.1.4 Siemens MRI (Magnetic Resonance Imaging System) Product Offerings
- 7.1.5 Siemens Recent Development
- 7.2 Philips
- 7.2.1 Philips Company Information
- 7.2.2 Philips Introduction and Business Overview
- 7.2.3 Philips MRI (Magnetic Resonance Imaging System) Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.2.4 Philips MRI (Magnetic Resonance Imaging System) Product Offerings
- 7.2.5 Philips Recent Development
- 7.3 GE Healthcare
- 7.3.1 GE Healthcare Company Information
- 7.3.2 GE Healthcare Introduction and Business Overview
- 7.3.3 GE Healthcare MRI (Magnetic Resonance Imaging System) Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.3.4 GE Healthcare MRI (Magnetic Resonance Imaging System) Product Offerings
- 7.3.5 GE Healthcare Recent Development
- 7.4 Canon Medical
- 7.4.1 Canon Medical Company Information
- 7.4.2 Canon Medical Introduction and Business Overview
- 7.4.3 Canon Medical MRI (Magnetic Resonance Imaging System) Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.4.4 Canon Medical MRI (Magnetic Resonance Imaging System) Product Offerings
- 7.4.5 Canon Medical Recent Development
- 7.5 Fujifilm
- 7.5.1 Fujifilm Company Information
- 7.5.2 Fujifilm Introduction and Business Overview
- 7.5.3 Fujifilm MRI (Magnetic Resonance Imaging System) Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.5.4 Fujifilm MRI (Magnetic Resonance Imaging System) Product Offerings
- 7.5.5 Fujifilm Recent Development
- 7.6 United Imaging
- 7.6.1 United Imaging Company Information
- 7.6.2 United Imaging Introduction and Business Overview
- 7.6.3 United Imaging MRI (Magnetic Resonance Imaging System) Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.6.4 United Imaging MRI (Magnetic Resonance Imaging System) Product Offerings
- 7.6.5 United Imaging Recent Development
- 7.7 Neusoft
- 7.7.1 Neusoft Company Information
- 7.7.2 Neusoft Introduction and Business Overview
- 7.7.3 Neusoft MRI (Magnetic Resonance Imaging System) Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.7.4 Neusoft MRI (Magnetic Resonance Imaging System) Product Offerings
- 7.7.5 Neusoft Recent Development
- 7.8 XGY
- 7.8.1 XGY Company Information
- 7.8.2 XGY Introduction and Business Overview
- 7.8.3 XGY MRI (Magnetic Resonance Imaging System) Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.8.4 XGY MRI (Magnetic Resonance Imaging System) Product Offerings
- 7.8.5 XGY Recent Development
- 7.9 Anke
- 7.9.1 Anke Company Information
- 7.9.2 Anke Introduction and Business Overview
- 7.9.3 Anke MRI (Magnetic Resonance Imaging System) Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.9.4 Anke MRI (Magnetic Resonance Imaging System) Product Offerings
- 7.9.5 Anke Recent Development
- 7.10 Alltech
- 7.10.1 Alltech Company Information
- 7.10.2 Alltech Introduction and Business Overview
- 7.10.3 Alltech MRI (Magnetic Resonance Imaging System) Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.10.4 Alltech MRI (Magnetic Resonance Imaging System) Product Offerings
- 7.10.5 Alltech Recent Development
- 7.11 Wandong
- 7.11.1 Wandong Company Information
- 7.11.2 Wandong Introduction and Business Overview
- 7.11.3 Wandong MRI (Magnetic Resonance Imaging System) Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.11.4 Wandong MRI (Magnetic Resonance Imaging System) Product Offerings
- 7.11.5 Wandong Recent Development
- 7.12 BASDA
- 7.12.1 BASDA Company Information
- 7.12.2 BASDA Introduction and Business Overview
- 7.12.3 BASDA MRI (Magnetic Resonance Imaging System) Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.12.4 BASDA MRI (Magnetic Resonance Imaging System) Product Offerings
- 7.12.5 BASDA Recent Development
8 Industry Chain Analysis
- 8.1 MRI (Magnetic Resonance Imaging System) Industrial Chain
- 8.2 MRI (Magnetic Resonance Imaging System) Upstream Analysis
- 8.2.1 Key Raw Materials
- 8.2.2 Raw Materials Key Suppliers
- 8.2.3 Manufacturing Cost Structure
- 8.3 Midstream Analysis
- 8.4 Downstream Analysis (Customers Analysis)
- 8.5 Sales Model and Sales Channels
- 8.5.1 MRI (Magnetic Resonance Imaging System) Sales Model
- 8.5.2 Sales Channel
- 8.5.3 MRI (Magnetic Resonance Imaging System) Distributors
9 Research Findings and Conclusion
10 Appendix
- 10.1 Research Methodology
- 10.1.1 Methodology/Research Approach
- 10.1.1.1 Research Programs/Design
- 10.1.1.2 Market Size Estimation
- 10.1.1.3 Market Breakdown and Data Triangulation
- 10.1.2 Data Source
- 10.1.2.1 Secondary Sources
- 10.1.2.2 Primary Sources
- 10.2 Author Details
- 10.3 Disclaimer