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Report
MRI Systems Market by Architecture (Open, Closed), Field Strength (High Field MRI Systems & Low Field MRI Systems), Design (Portable MRI Systems, Fixed/Stationary MRI Systems), End User (Hospitals, Diagnostic Clinic), Region - Global Forecast to 2030
Market Report I 2025-05-07 I 260 Pages I MarketsandMarkets
The global MRI systems market is projected to reach USD 9.0 billion by 2030 from USD 6.5 billion in 2025, at a CAGR of 6.5% from 2025 to 2030.
The market's growth can be attributed to an increase in disease burden, specifically for neurological and musculoskeletal conditions, which is projected to increase in the coming years. An increase in the aging population, with the rising prevalence of chronic diseases such as cancer, is anticipated to increase the need for MRI systems across the globe. All these factors, on a broader level, will help to grow the market for MRI systems.
By field strength, the high & very high field segment dominated the MRI systems market in 2024.
The MRI systems market is categorized by field strength, encompassing low-to-mid-field MRI systems, high and very high field MRI systems, and ultra-high-field MRI systems. High and very high field MRI systems are notable for their superior signal-to-noise ratio (SNR), which enhances clinical utility significantly. These systems are not only instrumental in imaging the brain, musculoskeletal structures, and vascular systems but also excel in specialized applications within psychiatry, neurology, biomedical research, and the early identification of conditions such as multiple sclerosis. The integration of MRI with complementary modalities such as PET and ultrasound further optimizes operational throughput and decreases helium usage while also delivering faster scan times and enhanced image resolution. High-field MRI systems, specifically those operating at 1.5T and 3T, are favored over low-field systems (below 1T) due to their markedly superior image quality, reduced acquisition times, and extensive range of clinical applications. The elevated SNR in high-field systems translates to clearer, more detailed imaging essential for diagnosing complex conditions such as neurological disorders, musculoskeletal injuries, and cardiovascular abnormalities. The rapid scan capabilities not only improve patient throughput but also enhance operational efficiency within healthcare facilities. Collectively, these factors have driven the growing adoption of high-field MRI systems within the market.
By architecture, the closed MRI systems segment accounted for the largest share of the market in 2024.
A closed MRI scanner utilizes a small cylindrical chamber to produce highly detailed images of the body's structure. Most high-field superconducting magnetic resonance imaging scanners are designed in a closed format. Due to their higher efficiency, superior image quality, and increased throughput-all resulting from greater magnetic field strengths-closed MRI systems are considered the industry standard. In contrast to open MRI systems, which may require up to four or five scans for a comparable evaluation, closed MRI systems typically complete the scanning process in just one or two scans. This efficiency not only shortens examination times but also enhances the clinical utility of procedures and therapies. Closed MRI offers faster scan times, which helps reduce motion artifacts and improves patient throughput, making it particularly suitable for high-volume hospitals and diagnostic centers. Additionally, it supports advanced imaging techniques such as functional MRI (fMRI), diffusion-weighted imaging (DWI), and cardiac MRI, all of which rely on high-field strength for precision.
By design, the fixed/stationary MRI systems segment accounted for the largest share of the market in 2024.
The market for MRI systems is divided into two main categories: fixed (or stationary) MRI systems and portable MRI systems. Fixed MRI systems are generally preferred over portable ones for several reasons. They offer superior image quality, the ability to conduct full-body scans, improved workflow efficiency, and better long-term cost-effectiveness. Typically, fixed MRI units operate at a magnetic field. Another significant advantage of fixed MRI systems is their capability for full-body imaging, which further fuels market growth.
By application, the brain & neurological MRI segment has registered the highest growth rate during the forecast period.
Based on applications, the MRI systems market is segmented into brain & neurological MRI, spine & musculoskeletal MRI, pelvic & abdominal MRI, vascular MRI, breast MRI, cardiac MRI, pediatric MRI, and other applications. The brain & neurological MRI segment of the MRI systems market by application is expected to register the highest growth rate during the forecast period. Key drivers contributing to the rapid growth of this segment include the integration of sophisticated AI technologies as well as the increasing adoption of innovative devices that enable accurate targeting of internal organs, thereby facilitating real-time imaging capabilities.
By end user, the hospitals segment accounted for the largest share of the market in 2024.
The global MRI systems market is classified by end users into hospitals, diagnostic imaging centers, and other categories. In 2024, the hospital segment held the largest market share. This dominance is primarily due to the increased use of advanced MRI systems in hospitals, which enhance accurate diagnosis and raise awareness of the importance of early detection. Contributing factors include recent product launches, the growing adoption of advanced systems with improved features that support patient care, and a rising number of imaging procedures conducted in hospitals. As the demand for rapid and precise diagnoses of various medical conditions grows, many hospitals are prioritizing the installation of advanced MRI systems. Large government hospitals with dedicated imaging units have been early adopters of these technologies, while private hospitals are increasingly embracing advanced imaging solutions over time. The trend towards modernizing imaging workflows has further driven the adoption of MRI systems in hospitals.
"The Asia Pacific market is projected to show the highest growth rate in the MRI systems market."
The MRI systems market spans five primary regions: North America, Europe, the Asia Pacific, Latin America, and the Middle East & Africa. Notably, the Asia Pacific region houses a significant number of MRI systems manufacturers that deliver a comprehensive range of MRI modalities equipped with advanced technological features, all while maintaining competitive pricing. End users, particularly in healthcare institutions, are increasingly facing budget constraints exacerbated by recent tariff sanctions; this has prompted a shift towards more cost-effective MRI solutions offered by Chinese manufacturers. The region's manufacturing landscape benefits from low labor costs and abundant resources, facilitating efficient production processes for MRI systems. These dynamics position the Asia Pacific market to experience the highest growth rate within the global landscape, driven by both increased local demand and the strategic pricing of offerings.
A breakdown of the primary participants referred to for this report is provided below:
- By Company Type: Tier 1-20%, Tier 2-45%, and Tier 3-35%
- By Designation: C-level-30%, Directors-20%, and Others-50%
- By Region: North America-36%, Europe-25%, Asia Pacific-27%, Latin America-9%, and the Middle East & Africa-3%
The key players profiled in the MRI systems market are Siemens Healthineers (Germany), GE HealthCare (US), Koninklijke Philips N.V. (Netherlands), FUJIFILM Corporation (Japan), Canon Inc. (Japan), Fonar Corporation (US), Esaote S.p.A (Italy), Shanghai United Imaging Healthcare Co., Ltd (China), Aspect Imaging Ltd. (US), and Time Medical Holding (Hong Kong).
Research Coverage
The research report examines the MRI systems market by product, sample preparation technique, application, end-users, and geography. This research covers factors that are driving market expansion, analyzes prospects and parameters faced by industries in the present time, and provides specifics on the competitive landscape considering market leaders and small and medium enterprises. This research also estimates the revenue of different market segments by considering five regions and micro-market analysis.
Rationale to Buy the Report
The report will provide market leaders and new entrants with valuable information regarding the revenue estimates for the overall MRI systems market and its subsegments. It will help stakeholders understand the competitive landscape, allowing them to position their businesses more effectively and develop appropriate go-to-market strategies. Additionally, the report offers insights into the market dynamics, including key drivers, restraints, challenges, and opportunities.
This report provides insightful data on the following points:
- Market Penetration: In-depth coverage of product portfolios offered by the top players in the MRI systems market
- Product Development/Innovation: In-depth coverage of product portfolios offered by the top players in the MRI systems market
- Market Development: Insightful data on profitable developing areas
- Market Diversification: Details about recent developments and advancements in the MRI systems market
- Competitive Assessment: Extensive assessment of the products, growth tactics, revenue projections, and market categories of the top competitors
1 INTRODUCTION 24
1.1 STUDY OBJECTIVES 24
1.2 MARKET DEFINITION 24
1.3 STUDY SCOPE 25
1.3.1 MARKET SEGMENTATION AND REGIONAL SCOPE 25
1.3.2 INCLUSIONS & EXCLUSIONS 26
1.4 YEARS CONSIDERED 26
1.5 CURRENCY CONSIDERED 26
1.6 RESEARCH LIMITATIONS 27
1.7 KEY STAKEHOLDERS 27
1.8 SUMMARY OF CHANGES 28
2 RESEARCH METHODOLOGY 29
2.1 RESEARCH DATA 29
2.1.1 SECONDARY DATA 30
2.1.2 PRIMARY DATA 31
2.1.2.1 Key primary sources 31
2.1.2.2 Key industry insights 32
2.1.2.3 Breakdown of primaries 32
2.2 MARKET SIZE ESTIMATION 33
2.2.1 APPROACH 1: COMPANY REVENUE ESTIMATION 35
2.2.2 APPROACH 2: CUSTOMER-BASED MARKET ESTIMATION 36
2.2.3 GROWTH FORECAST 37
2.2.4 CAGR PROJECTIONS 38
2.3 DATA TRIANGULATION 39
2.4 MARKET SHARE ESTIMATION 40
2.5 RESEARCH ASSUMPTIONS 40
2.6 RISK ASSESSMENT 41
2.7 GROWTH RATE ASSUMPTIONS 41
3 EXECUTIVE SUMMARY 42
4 PREMIUM INSIGHTS 47
4.1 OPPORTUNITIES FOR PLAYERS IN MRI SYSTEMS MARKET 47
4.2 EUROPE: MRI SYSTEMS MARKET, BY FIELD STRENGTH, 2025 VS. 2030 (USD MILLION) 48
4.3 NORTH AMERICA: MRI SYSTEMS MARKET, BY APPLICATION, 2025 VS. 2030 (USD MILLION) 49
4.4 ASIA PACIFIC: MRI SYSTEMS MARKET, BY END USER, 2025 VS. 2030 (USD MILLION) 50
4.5 MRI SYSTEMS MARKET: GEOGRAPHICAL SNAPSHOT 51
5 MARKET OVERVIEW 52
5.1 INTRODUCTION 52
5.2 MARKET DYNAMICS 52
5.2.1 DRIVERS 53
5.2.1.1 Public-private partnerships to scale diagnostic imaging landscape 53
5.2.1.2 Growing prevalence of MSDs and increasing geriatric population to boost demand 54
5.2.1.3 Integration of iMRI into surgery to catalyze growth of MRI systems market 54
5.2.2 RESTRAINTS 55
5.2.2.1 Complex operations and maintenance of MRI systems 55
5.2.2.2 Premium pricing of MRI systems 55
5.2.2.3 Global helium shortage 56
5.2.3 OPPORTUNITIES 56
5.2.3.1 Emergence of helium-free MRI systems 56
5.2.3.2 AI integration with MRI technology for process optimization 57
5.2.4 CHALLENGES 57
5.2.4.1 Limited capital budgets 57
5.2.4.2 Dearth of trained and skilled professionals 57
5.3 PORTER'S FIVE FORCES ANALYSIS 58
5.4 REGULATORY LANDSCAPE 60
5.4.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 60
5.4.2 REGULATIONS, BY REGION 62
5.4.2.1 North America 62
5.4.2.1.1 US 62
5.4.2.1.2 Canada 63
5.4.2.2 Europe 64
5.4.2.3 Asia Pacific 64
5.4.2.3.1 Japan 64
5.4.2.3.2 China 65
5.4.2.3.3 India 67
5.5 REIMBURSEMENT SCENARIO ANALYSIS 67
5.5.1 RELEVANT REIMBURSEMENT CODE, BY COUNTRY 67
5.5.2 REIMBURSEMENT TRENDS, BY REGION, 2022-2024 69
5.5.2.1 North America 69
5.5.2.2 Europe 70
5.5.2.3 Asia Pacific 71
5.5.2.4 Latin America 72
5.5.2.5 Middle East & Africa 72
5.6 ECOSYSTEM ANALYSIS 73
5.7 VALUE CHAIN ANALYSIS 74
5.7.1 R&D 75
5.7.2 RAW MATERIAL PROCUREMENT AND PRODUCT DEVELOPMENT 75
5.7.3 MARKETING, SALES, AND DISTRIBUTION 76
5.7.4 AFTERMARKET SERVICES 76
5.8 SUPPLY CHAIN ANALYSIS 76
5.8.1 PROMINENT COMPANIES 77
5.8.2 SMALL AND MEDIUM-SIZED ENTERPRISES 77
5.8.3 END USERS 77
5.8.4 SALES AND DISTRIBUTION 77
5.9 PRICING ANALYSIS 77
5.9.1 AVERAGE SELLING PRICE TREND, BY KEY PLAYER, 2022-2024 77
5.9.2 AVERAGE SELLING PRICE TREND, BY REGION, 2022-2024 80
5.10 PATENT ANALYSIS 83
5.11 TRADE ANALYSIS 85
5.11.1 IMPORT SCENARIO 85
5.11.2 EXPORT SCENARIO 86
5.12 TECHNOLOGY ANALYSIS 87
5.12.1 KEY TECHNOLOGIES 87
5.12.1.1 Ultrafast imaging technologies 87
5.12.1.2 Ultra-high-field MRI 87
5.12.2 COMPLEMENTARY TECHNOLOGIES 88
5.12.2.1 Advanced coil technology 88
5.12.2.2 Weight-bearing MRI imaging 88
5.12.3 ADJACENT TECHNOLOGIES 88
5.12.3.1 AI and machine learning in MRI imaging 88
5.13 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS 89
5.14 INVESTMENT & FUNDING SCENARIO 90
5.15 KEY CONFERENCES AND EVENTS, 2025-2026 92
5.16 KEY STAKEHOLDERS AND BUYING CRITERIA 93
5.16.1 KEY STAKEHOLDERS IN BUYING PROCESS 93
5.16.2 KEY BUYING CRITERIA 94
5.17 CASE STUDY ANALYSIS 95
5.17.1 EXPANDING ACCESS TO MRI SYSTEMS 95
5.18 MRI SCAN APPLICATIONS, 2022-2024 95
5.19 IMPACT OF AI ON MRI SYSTEMS MARKET 97
5.19.1 INTRODUCTION 97
5.19.2 MARKET POTENTIAL OF MRI SYSTEMS 97
5.19.3 KEY COMPANIES IMPLEMENTING AI 98
5.19.4 FUTURE OF AI IN MRI SYSTEMS MARKET ECOSYSTEM 98
5.20 US TARIFF 2025 98
5.20.1 INTRODUCTION 98
5.20.2 KEY TARIFF RATES 99
5.20.3 PRICE IMPACT ANALYSIS 100
5.20.4 IMPACT ON COUNTRY/REGION 101
5.20.4.1 US 101
5.20.4.2 Europe 101
5.20.4.3 Asia Pacific 101
5.20.5 IMPACT ON END USE INDUSTRIES 101
6 MRI SYSTEMS MARKET, BY APPLICATION 102
6.1 INTRODUCTION 103
6.2 BRAIN & NEUROLOGICAL MRI 103
6.2.1 RISE IN NEURODEGENERATIVE DISEASES TO DRIVE MARKET 103
6.3 SPINE & MUSCULOSKELETAL MRI 105
6.3.1 GROWING PREVALENCE OF MUSCULOSKELETAL DISORDERS TO DRIVE MARKET 105
6.4 VASCULAR MRI 106
6.4.1 USE OF VASCULAR MRI AS ALTERNATIVE TO CT TO SUPPORT MARKET GROWTH 106
6.5 PELVIC & ABDOMINAL MRI 107
6.5.1 NEED FOR DETECTING PROSTATE AND CERVICAL CANCERS TO PROPEL MARKET 107
6.6 BREAST MRI 108
6.6.1 GROWING AWARENESS REGARDING EARLY BREAST CANCER SCREENING TO DRIVE MARKET 108
6.7 CARDIAC MRI 108
6.7.1 RISING INCIDENCE OF CVD TO SUPPORT MARKET GROWTH 108
6.8 PEDIATRIC MRI 109
6.8.1 NEED FOR EFFICIENT DIAGNOSTIC ACCURACY AND EARLY DETECTION TO PROMOTE USE OF PEDIATRIC MRI 109
6.9 OTHER APPLICATIONS 110
7 MRI SYSTEMS MARKET, BY ARCHITECTURE 111
7.1 INTRODUCTION 112
7.2 CLOSED MRI SYSTEMS 113
7.2.1 STANDARD BORE MRI SYSTEMS 114
7.2.1.1 High accuracy and improved sensitivity of systems to propel market 114
7.2.2 WIDE-BORE MRI SYSTEMS 115
7.2.2.1 High-quality MRI images and improved patient comfort to drive market 115
7.3 OPEN MRI SYSTEMS 115
7.3.1 USE OF OPEN MRI SYSTEMS FOR CHILDREN AND OBESE PATIENTS TO DRIVE MARKET 115
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8 MRI SYSTEMS MARKET, BY DESIGN 117
8.1 INTRODUCTION 118
8.2 FIXED/STATIONARY MRI SYSTEMS 119
8.2.1 FLOOR-FIXED MRI SYSTEMS 120
8.2.1.1 High flexibility and low initial installation costs to drive demand 120
8.2.2 CEILING-FIXED MRI SYSTEMS 121
8.2.2.1 Need for MRI systems with high stability and more space to drive market 121
8.3 PORTABLE MRI SYSTEMS 122
8.3.1 ADOPTION OF PORTABLE/MOBILE MRI SYSTEMS DUE TO THEIR COST-EFFECTIVENESS AND FLEXIBILITY TO BOOST GROWTH 122
9 MRI SYSTEMS MARKET, BY FIELD STRENGTH 123
9.1 INTRODUCTION 124
9.2 HIGH-TO-VERY-HIGH-FIELD MRI SYSTEMS 124
9.2.1 1.5T 126
9.2.1.1 Rising use of 1.5T MRI systems for routine examinations to propel market 126
9.2.2 3T 127
9.2.2.1 Increasing use of 3T MRI systems to obtain high-quality images to drive market 127
9.3 LOW-TO-MID-FIELD MRI SYSTEMS 128
9.3.1 RISING ADOPTION OF OXYGEN-ENHANCED MRI SYSTEMS TO DRIVE MARKET 128
9.4 ULTRA-HIGH-FIELD MRI SYSTEMS 129
9.4.1 RISING INNOVATION AND ADVANCEMENTS TO SUPPORT DEMAND FOR ULTRA-HIGH-FIELD SYSTEMS 129
10 MRI SYSTEMS MARKET, BY END USER 131
10.1 INTRODUCTION 132
10.2 HOSPITALS 132
10.2.1 INCREASING ADOPTION OF ADVANCED MRI SYSTEMS TO PROPEL MARKET 132
10.3 DIAGNOSTIC IMAGING CENTERS 134
10.3.1 RISING DEVELOPMENT OF PRIVATE IMAGING CENTERS TO FUEL MARKET 134
10.4 OTHER END USERS 135
11 MRI SYSTEMS MARKET, BY REGION 136
11.1 INTRODUCTION 137
11.2 NORTH AMERICA 138
11.2.1 NORTH AMERICA: MACROECONOMIC OUTLOOK 138
11.2.2 US 142
11.2.2.1 Strategic reforms in reimbursements and partnerships to drive market 142
11.2.3 CANADA 144
11.2.3.1 Progressive government policies and growing pulse of diagnostic imaging to spur market 144
11.3 EUROPE 145
11.3.1 EUROPE: MACROECONOMIC OUTLOOK 145
11.3.2 GERMANY 149
11.3.2.1 Digital push in healthcare access and supportive government policies to drive market 149
11.3.3 UK 150
11.3.3.1 Strategic developments in diagnostic imaging niche to propel market 150
11.3.4 FRANCE 151
11.3.4.1 Increasing patient population and reforms in MRI coverage policies to boost growth 151
11.3.5 ITALY 152
11.3.5.1 Progressive government initiatives and strong corporate collaborations to propel 152
11.3.6 SPAIN 153
11.3.6.1 Strategic policy reforms and technological advancements in preclinical MRI to drive market 153
11.3.7 REST OF EUROPE 154
11.4 ASIA PACIFIC 155
11.4.1 ASIA PACIFIC: MACROECONOMIC OUTLOOK 156
11.4.2 JAPAN 161
11.4.2.1 Strong healthcare infrastructure and supportive government reimbursement policies to boost growth 161
11.4.3 CHINA 162
11.4.3.1 Policy reforms, progressive infrastructure plans, and foreign collaborations to boost market 162
11.4.4 INDIA 163
11.4.4.1 Industry collaboration and public-private synergy to expand diagnostic imaging landscape 163
11.4.5 AUSTRALIA 164
11.4.5.1 New research initiatives and policy enhancements to promote growth 164
11.4.6 SOUTH KOREA 165
11.4.6.1 Supportive government policies to promote growth 165
11.4.7 REST OF ASIA PACIFIC 166
11.5 LATIN AMERICA 167
11.5.1 LATIN AMERICA: MACROECONOMIC OUTLOOK 168
11.5.2 BRAZIL 172
11.5.2.1 Increased burden of diseases and growing adoption of healthcare insurance to drive market 172
11.5.3 MEXICO 173
11.5.3.1 Industry partnerships to drive market growth 173
11.5.4 REST OF LATIN AMERICA 174
11.6 MIDDLE EAST & AFRICA 175
11.6.1 MIDDLE EAST & AFRICA: MACROECONOMIC OUTLOOK 175
11.6.2 GCC COUNTRIES 179
11.6.2.1 Favorable government initiatives to contribute to market growth 179
11.6.3 REST OF MIDDLE EAST & AFRICA 180
11.6.3.1 Increased adoption of mass spectrometers to contribute to growth 180
12 COMPETITIVE LANDSCAPE 182
12.1 INTRODUCTION 182
12.2 KEY PLAYERS' STRATEGIES/RIGHT TO WIN 182
12.3 REVENUE SHARE ANALYSIS, 2020-2024 184
12.4 MARKET SHARE ANALYSIS 185
12.5 RANKING OF KEY PLAYERS, 2024 187
12.6 COMPANY VALUATION AND FINANCIAL METRICS 187
12.7 BRAND/PRODUCT COMPARISON 189
12.8 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2024 190
12.8.1 STARS 190
12.8.2 PERVASIVE PLAYERS 190
12.8.3 EMERGING LEADERS 190
12.8.4 PARTICIPANTS 190
12.8.5 COMPANY FOOTPRINT: KEY PLAYERS, 2024 192
12.8.5.1 Company footprint 192
12.8.5.2 Field strength footprint 193
12.8.5.3 Application footprint 194
12.8.5.4 End user footprint 195
12.8.5.5 Region footprint 196
12.9 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2024 197
12.9.1 PROGRESSIVE COMPANIES 197
12.9.2 RESPONSIVE COMPANIES 197
12.9.3 DYNAMIC COMPANIES 197
12.9.4 STARTING BLOCKS 197
12.9.5 COMPETITIVE BENCHMARKING OF STARTUPS/SMES, 2024 199
12.9.5.1 Detailed list of key startups/SMEs 199
12.9.5.2 Competitive benchmarking of key startups/SMEs 200
12.10 COMPETITIVE SCENARIO 201
12.10.1 PRODUCT LAUNCHES AND APPROVALS 201
12.10.2 DEALS 202
12.10.3 EXPANSIONS 203
13 COMPANY PROFILES 204
13.1 KEY PLAYERS 204
13.1.1 SIEMENS HEALTHINEERS 204
13.1.1.1 Business overview 204
13.1.1.2 Products offered 205
13.1.1.3 Recent developments 206
13.1.1.3.1 Product launches and approvals 206
13.1.1.3.2 Deals 207
13.1.1.3.3 Expansions 208
13.1.1.4 MnM view 208
13.1.1.4.1 Key strengths/Right to win 208
13.1.1.4.2 Strategic choices 208
13.1.1.4.3 Weaknesses and competitive threats 208
13.1.2 KONINKLIJKE PHILIPS N.V. 209
13.1.2.1 Business overview 209
13.1.2.2 Products offered 210
13.1.2.3 Recent developments 211
13.1.2.3.1 Product launches and approvals 211
13.1.2.3.2 Deals 211
13.1.2.3.3 Expansions 211
13.1.2.4 MnM view 212
13.1.2.4.1 Key strengths/Right to win 212
13.1.2.4.2 Strategic choices 212
13.1.2.4.3 Weaknesses and competitive threats 212
13.1.3 GE HEALTHCARE 213
13.1.3.1 Business overview 213
13.1.3.2 Products offered 214
13.1.3.3 Recent developments 215
13.1.3.3.1 Product launches and approvals 215
13.1.3.3.2 Deals 215
13.1.3.3.3 Expansions 216
13.1.3.4 MnM view 216
13.1.3.4.1 Key strengths/Right to win 216
13.1.3.4.2 Strategic choices 216
13.1.3.4.3 Weaknesses and competitive threats 217
13.1.4 CANON MEDICAL SYSTEMS 218
13.1.4.1 Business overview 218
13.1.4.2 Products offered 219
13.1.4.3 Recent developments 220
13.1.4.3.1 Product launches and approvals 220
13.1.4.3.2 Deals 220
13.1.4.4 MnM view 221
13.1.4.4.1 Key strengths/Right to win 221
13.1.4.4.2 Strategic choices 221
13.1.4.4.3 Weaknesses and competitive threats 221
13.1.5 FUJIFILM CORPORATION 222
13.1.5.1 Business overview 222
13.1.5.2 Products offered 223
13.1.5.3 Recent developments 224
13.1.5.3.1 Product launches and approvals 224
13.1.5.3.2 Deals 224
13.1.5.4 MnM view 225
13.1.5.4.1 Key strengths/Right to win 225
13.1.5.4.2 Strategic choices 225
13.1.5.4.3 Weaknesses and competitive threats 225
13.1.6 FONAR CORPORATION 226
13.1.6.1 Business overview 226
13.1.6.2 Products offered 227
13.1.6.3 Recent developments 227
13.1.6.3.1 Deals 227
13.1.7 ESAOTE S.P.A 228
13.1.7.1 Business overview 228
13.1.7.2 Products offered 228
13.1.7.3 Recent developments 229
13.1.7.3.1 Product launches and approvals 229
13.1.7.3.2 Deals 229
13.1.8 SHANGHAI UNITED IMAGING HEALTHCARE CO., LTD. 230
13.1.8.1 Business overview 230
13.1.8.2 Products offered 231
13.1.8.3 Recent developments 231
13.1.8.3.1 Product launches and approvals 231
13.1.8.3.2 Deals 232
13.1.8.3.3 Expansions 232
13.1.9 ASPECT IMAGING LTD. 233
13.1.9.1 Business overview 233
13.1.9.2 Products offered 233
13.1.10 TIME MEDICAL HOLDING 234
13.1.10.1 Business overview 234
13.1.10.2 Products offered 234
13.1.10.3 Recent developments 235
13.1.10.3.1 Product launches and approvals 235
13.1.10.3.2 Deals 235
13.1.10.3.3 Expansions 235
13.1.11 NEUSOFT MEDICAL SYSTEMS CO., LTD. 236
13.1.11.1 Business overview 236
13.1.11.2 Products offered 236
13.1.11.3 Recent developments 237
13.1.11.3.1 Deals 237
13.1.12 STERNMED GMBH 238
13.1.12.1 Business overview 238
13.1.12.2 Products offered 238
13.1.12.3 Recent developments 238
13.1.12.3.1 Deals 238
13.1.13 HYPERFINE, INC. 239
13.1.13.1 Business overview 239
13.1.13.2 Products offered 240
13.1.13.3 Recent developments 240
13.1.13.3.1 Deals 240
13.1.14 SHENZHEN BASDA MEDICAL APPARATUS CO., LTD. 241
13.1.14.1 Business overview 241
13.1.14.2 Products offered 241
13.1.15 SHENZHEN ANKE HIGH-TECH., LTD. 242
13.1.15.1 Business overview 242
13.1.15.2 Products offered 242
13.2 OTHER PLAYERS 243
13.2.1 MAGNETICA LTD 243
13.2.2 AURORA HEALTHCARE US CORP 244
13.2.3 INNERVISION MRI LTD. 245
13.2.4 BEIJING WANDONG MEDICAL TECHNOLOGY CO., LTD. 246
13.2.5 MEDONICA CO., LTD 247
13.2.6 NEOSCAN SOLUTIONS GMBH 247
13.2.7 KANGDA INTERCONTINENTAL MEDICAL EQUIPMENT CO., LTD. 248
13.2.8 MINFOUND MEDICAL SYSTEMS CO., LTD. 249
13.2.9 SYNAPTIVE MEDICAL 250
13.2.10 XINGAOYI MEDICAL EQUIPMENT CO., LTD 250
14 APPENDIX 251
14.1 DISCUSSION GUIDE 251
14.2 KNOWLEDGESTORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL 256
14.3 CUSTOMIZATION OPTIONS 258
14.4 RELATED REPORTS 258
14.5 AUTHOR DETAILS 259
TABLE 1 MARKET DYNAMICS: IMPACT ANALYSIS 53
TABLE 2 IMPACT OF PORTER'S FORCES ON MRI SYSTEMS MARKET 58
TABLE 3 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 61
TABLE 4 US FDA: MEDICAL DEVICE CLASSIFICATION 62
TABLE 5 US: MEDICAL DEVICE REGULATORY APPROVAL PROCESS 63
TABLE 6 CANADA: MEDICAL DEVICE REGULATORY APPROVAL PROCESS 63
TABLE 7 JAPAN: MEDICAL DEVICE CLASSIFICATION UNDER PMDA 65
TABLE 8 CHINA: CLASSIFICATION OF MEDICAL DEVICES 65
TABLE 9 NORTH AMERICA: RELEVANT MRI REIMBURSEMENT CODE 68
TABLE 10 EUROPE: RELEVANT MRI REIMBURSEMENT CODE 68
TABLE 11 ASIA PACIFIC: RELEVANT MRI REIMBURSEMENT CODE 69
TABLE 12 ROLE OF COMPANIES/ORGANIZATIONS IN MARKET ECOSYSTEM 74
TABLE 13 AVERAGE SELLING PRICING TREND OF MRI SYSTEMS, BY KEY PLAYER,
2022-2024 80
TABLE 14 AVERAGE SELLING PRICING TREND OF MRI SYSTEMS, BY REGION,
2022-2024 82
TABLE 15 INNOVATIONS AND PATENT REGISTRATIONS, 2023-2024 84
TABLE 16 IMPORT DATA FOR HS CODE 9018-COMPLIANT PRODUCTS, BY COUNTRY,
2020-2024 (USD THOUSAND) 85
TABLE 17 EXPORT DATA FOR HS CODE 9018-COMPLIANT PRODUCTS, BY COUNTRY,
2020-2024 (USD THOUSAND) 86
TABLE 18 KEY CONFERENCES AND EVENTS, 2025-2026 92
TABLE 19 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY FIELD STRENGTH 93
TABLE 20 KEY BUYING CRITERIA, BY END USER 94
TABLE 21 EXPANDING ACCESS TO MRI SYSTEMS 95
TABLE 22 MRI SCAN APPLICATIONS, BY REGION, 2022 ('000 UNITS) 95
TABLE 23 MRI SCAN APPLICATIONS, BY REGION, 2023 ('000 UNITS) 96
TABLE 24 MRI SCAN APPLICATIONS, BY REGION, 2024 ('000 UNITS) 96
TABLE 25 RECIPROCAL TARIFF RATES ADJUSTED BY US 99
TABLE 26 MRI SYSTEMS MARKET, BY APPLICATION, 2023-2030 (USD MILLION) 103
TABLE 27 MRI SYSTEMS MARKET FOR BRAIN & NEUROLOGICAL MRI, BY REGION,
2023-2030 (USD MILLION) 104
TABLE 28 MRI SYSTEMS MARKET FOR SPINE & MUSCULOSKELETAL MRI, BY REGION,
2023-2030 (USD MILLION) 105
TABLE 29 MRI SYSTEMS MARKET FOR VASCULAR MRI, BY REGION,
2023-2030 (USD MILLION) 106
TABLE 30 MRI SYSTEMS MARKET FOR PELVIC & ABDOMINAL MRI, BY REGION,
2023-2030 (USD MILLION) 107
TABLE 31 MRI SYSTEMS MARKET FOR BREAST MRI, BY REGION, 2023-2030 (USD MILLION) 108
TABLE 32 MRI SYSTEMS MARKET FOR CARDIAC MRI, BY REGION,
2023-2030 (USD MILLION) 109
TABLE 33 MRI SYSTEMS MARKET FOR PEDIATRIC MRI, BY REGION,
2023-2030 (USD MILLION) 110
TABLE 34 MRI SYSTEMS MARKET FOR OTHER APPLICATIONS, BY REGION,
2023-2030 (USD MILLION) 110
TABLE 35 MRI SYSTEMS MARKET, BY ARCHITECTURE, 2023-2030 (USD MILLION) 112
TABLE 36 CLOSED MRI SYSTEMS MARKET, BY TYPE, 2023-2030 (USD MILLION) 113
TABLE 37 CLOSED MRI SYSTEMS MARKET, BY REGION, 2023-2030 (USD MILLION) 114
TABLE 38 STANDARD BORE MRI SYSTEMS MARKET, BY REGION, 2023-2030 (USD MILLION) 114
TABLE 39 WIDE-BORE MRI SYSTEMS MARKET, BY REGION, 2023-2030 (USD MILLION) 115
TABLE 40 OPEN MRI SYSTEMS MARKET, BY REGION, 2023-2030 (USD MILLION) 116
TABLE 41 MRI SYSTEMS MARKET, BY DESIGN, 2023-2030 (USD MILLION) 118
TABLE 42 FIXED/STATIONARY MRI SYSTEMS MARKET, BY TYPE, 2023-2030 (USD MILLION) 119
TABLE 43 FIXED/STATIONARY MRI SYSTEMS MARKET, BY REGION,
2023-2030 (USD MILLION) 119
TABLE 44 FLOOR-FIXED MRI SYSTEMS MARKET, BY REGION, 2023-2030 (USD MILLION) 120
TABLE 45 CEILING-FIXED MRI SYSTEMS MARKET, BY REGION, 2023-2030 (USD MILLION) 121
TABLE 46 PORTABLE MRI SYSTEMS MARKET, BY REGION, 2023-2030 (USD MILLION) 122
TABLE 47 MRI SYSTEMS MARKET, BY FIELD STRENGTH, 2023-2030 (USD MILLION) 124
TABLE 48 HIGH-TO-VERY-HIGH-FIELD MRI SYSTEMS MARKET, BY REGION,
2023-2030 (USD MILLION) 125
TABLE 49 HIGH-TO-VERY-HIGH-FIELD MRI SYSTEMS MARKET, BY REGION,
2022-2024 (UNITS) 125
TABLE 50 1.5T MRI SYSTEMS MARKET, BY REGION, 2023-2030 (USD MILLION) 126
TABLE 51 1.5T MRI SYSTEMS MARKET, BY REGION, 2022-2024 (UNITS) 126
TABLE 52 3T MRI SYSTEMS MARKET, BY REGION, 2023-2030 (USD MILLION) 127
TABLE 53 3T MRI SYSTEMS MARKET, BY REGION, 2022-2024 (UNITS) 127
TABLE 54 LOW-TO-MID-FIELD MRI SYSTEMS MARKET, BY REGION,
2023-2030 (USD MILLION) 128
TABLE 55 LOW-TO-MID-FIELD MRI SYSTEMS MARKET, BY REGION, 2022-2024 (UNITS) 129
TABLE 56 ULTRA-HIGH-FIELD MRI SYSTEMS MARKET, BY REGION,
2023-2030 (USD MILLION) 130
TABLE 57 ULTRA-HIGH-FIELD MRI SYSTEMS MARKET, BY REGION, 2022-2024 (UNITS) 130
TABLE 58 MRI SYSTEMS MARKET, BY END USER, 2023-2030 (USD MILLION) 132
TABLE 59 MRI SYSTEMS MARKET FOR HOSPITALS, BY REGION, 2023-2030 (USD MILLION) 133
TABLE 60 MRI SYSTEMS MARKET FOR DIAGNOSTIC IMAGING CENTERS, BY REGION,
2023-2030 (USD MILLION) 134
TABLE 61 MRI SYSTEMS MARKET FOR OTHER END USERS, BY REGION,
2023-2030 (USD MILLION) 135
TABLE 62 MRI SYSTEMS MARKET, BY REGION, 2023-2030 (USD MILLION) 137
TABLE 63 NORTH AMERICA: MACROECONOMIC OUTLOOK 138
TABLE 64 NORTH AMERICA: MRI SYSTEMS MARKET, BY COUNTRY,
2023-2030 (USD MILLION) 139
TABLE 65 NORTH AMERICA: MRI SYSTEMS MARKET, BY FIELD STRENGTH,
2023-2030 (USD MILLION) 140
TABLE 66 NORTH AMERICA: HIGH-TO-VERY-HIGH-FIELD MRI SYSTEMS MARKET,
BY TYPE, 2023-2030 (USD MILLION) 140
TABLE 67 NORTH AMERICA: MRI SYSTEMS MARKET, BY ARCHITECTURE,
2023-2030 (USD MILLION) 140
TABLE 68 NORTH AMERICA: CLOSED MRI SYSTEMS MARKET, BY TYPE,
2023-2030 (USD MILLION) 141
TABLE 69 NORTH AMERICA: MRI SYSTEMS MARKET, BY DESIGN, 2023-2030 (USD MILLION) 141
TABLE 70 NORTH AMERICA: FIXED/STATIONARY MRI SYSTEMS MARKET,
BY TYPE, 2023-2030 (USD MILLION) 141
TABLE 71 NORTH AMERICA: MRI SYSTEMS MARKET, BY APPLICATION,
2023-2030 (USD MILLION) 142
TABLE 72 NORTH AMERICA: MRI SYSTEMS MARKET, BY END USER,
2023-2030 (USD MILLION) 142
TABLE 73 US: MRI SYSTEMS MARKET, BY FIELD STRENGTH, 2023-2030 (USD MILLION) 143
TABLE 74 US: HIGH-TO-VERY-HIGH-FIELD MRI SYSTEMS MARKET, BY TYPE,
2023-2030 (USD MILLION) 143
TABLE 75 CANADA: MRI SYSTEMS MARKET, BY FIELD STRENGTH,
2023-2030 (USD MILLION) 144
TABLE 76 CANADA: HIGH-TO-VERY-HIGH-FIELD MRI SYSTEMS MARKET,
BY TYPE, 2023-2030 (USD MILLION) 145
TABLE 77 EUROPE: MACROECONOMIC OUTLOOK 146
TABLE 78 EUROPE: MRI SYSTEMS MARKET, BY COUNTRY, 2023-2030 (USD MILLION) 146
TABLE 79 EUROPE: MRI SYSTEMS MARKET, BY FIELD STRENGTH,
2023-2030 (USD MILLION) 146
TABLE 80 EUROPE: HIGH-TO-VERY-HIGH-FIELD MRI SYSTEMS MARKET, BY TYPE,
2023-2030 (USD MILLION) 147
TABLE 81 EUROPE: MRI SYSTEMS MARKET, BY ARCHITECTURE, 2023-2030 (USD MILLION) 147
TABLE 82 EUROPE: CLOSED MRI SYSTEMS MARKET, BY TYPE, 2023-2030 (USD MILLION) 147
TABLE 83 EUROPE: MRI SYSTEMS MARKET, BY DESIGN, 2023-2030 (USD MILLION) 148
TABLE 84 EUROPE: FIXED/STATIONARY MRI SYSTEMS MARKET, BY TYPE,
2023-2030 (USD MILLION) 148
TABLE 85 EUROPE: MRI SYSTEMS MARKET, BY APPLICATION, 2023-2030 (USD MILLION) 148
TABLE 86 EUROPE: MRI SYSTEMS MARKET, BY END USER, 2023-2030 (USD MILLION) 149
TABLE 87 GERMANY: MRI SYSTEMS MARKET, BY FIELD STRENGTH,
2023-2030 (USD MILLION) 150
TABLE 88 GERMANY: HIGH-TO-VERY-HIGH-FIELD MRI SYSTEMS MARKET,
BY TYPE, 2023-2030 (USD MILLION) 150
TABLE 89 UK: MRI SYSTEMS MARKET, BY FIELD STRENGTH, 2023-2030 (USD MILLION) 151
TABLE 90 UK: HIGH-TO-VERY-HIGH-FIELD MRI SYSTEMS MARKET, BY TYPE,
2023-2030 (USD MILLION) 151
TABLE 91 FRANCE: MRI SYSTEMS MARKET, BY FIELD STRENGTH,
2023-2030 (USD MILLION) 152
TABLE 92 FRANCE: HIGH-TO-VERY-HIGH-FIELD MRI SYSTEMS, BY TYPE,
2023-2030 (USD MILLION) 152
TABLE 93 ITALY: MRI SYSTEMS MARKET, BY FIELD STRENGTH, 2023-2030 (USD MILLION) 153
TABLE 94 ITALY: HIGH-TO-VERY-HIGH-FIELD MRI SYSTEMS MARKET,
BY TYPE, 2023-2030 (USD MILLION) 153
TABLE 95 SPAIN: MRI SYSTEMS MARKET, BY FIELD STRENGTH, 2023-2030 (USD MILLION) 154
TABLE 96 SPAIN: HIGH-TO-VERY-HIGH-FIELD MRI SYSTEMS MARKET,
BY TYPE, 2023-2030 (USD MILLION) 154
TABLE 97 REST OF EUROPE: MRI SYSTEMS MARKET, BY FIELD STRENGTH,
2023-2030 (USD MILLION) 155
TABLE 98 REST OF EUROPE: HIGH-TO-VERY-HIGH-FIELD MRI SYSTEMS MARKET,
BY TYPE, 2023-2030 (USD MILLION) 155
TABLE 99 ASIA PACIFIC: MACROECONOMIC OUTLOOK 156
TABLE 100 ASIA PACIFIC: MRI SYSTEMS MARKET, BY COUNTRY, 2023-2030 (USD MILLION) 158
TABLE 101 ASIA PACIFIC: MRI SYSTEMS MARKET, BY FIELD STRENGTH,
2023-2030 (USD MILLION) 158
TABLE 102 ASIA PACIFIC: HIGH-TO-VERY-HIGH-FIELD MRI SYSTEMS MARKET,
BY TYPE, 2023-2030 (USD MILLION) 158
TABLE 103 ASIA PACIFIC: MRI SYSTEMS MARKET, BY ARCHITECTURE,
2023-2030 (USD MILLION) 159
TABLE 104 ASIA PACIFIC: CLOSED MRI SYSTEMS MARKET, BY TYPE,
2023-2030 (USD MILLION) 159
TABLE 105 ASIA PACIFIC: MRI SYSTEMS MARKET, BY DESIGN, 2023-2030 (USD MILLION) 159
TABLE 106 ASIA PACIFIC: FIXED/STATIONARY MRI SYSTEMS MARKET,
BY TYPE, 2023-2030 (USD MILLION) 160
TABLE 107 ASIA PACIFIC: MRI SYSTEMS MARKET, BY APPLICATION,
2023-2030 (USD MILLION) 160
TABLE 108 ASIA PACIFIC: MRI SYSTEMS MARKET, BY END USER, 2023-2030 (USD MILLION) 160
TABLE 109 JAPAN: MRI SYSTEMS MARKET, BY FIELD STRENGTH, 2023-2030 (USD MILLION) 161
TABLE 110 JAPAN: HIGH-TO-VERY-HIGH-FIELD MRI SYSTEMS MARKET, BY TYPE,
2023-2030 (USD MILLION) 162
TABLE 111 CHINA: MRI SYSTEMS MARKET, BY FIELD STRENGTH, 2023-2030 (USD MILLION) 163
TABLE 112 CHINA: HIGH-TO-VERY-HIGH-FIELD MRI SYSTEMS MARKET, BY TYPE,
2023-2030 (USD MILLION) 163
TABLE 113 INDIA: MRI SYSTEMS MARKET, BY FIELD STRENGTH, 2023-2030 (USD MILLION) 164
TABLE 114 INDIA: HIGH-TO-VERY-HIGH-FIELD MRI SYSTEMS MARKET, BY TYPE,
2023-2030 (USD MILLION) 164
TABLE 115 AUSTRALIA: MRI SYSTEMS MARKET, BY FIELD STRENGTH,
2023-2030 (USD MILLION) 165
TABLE 116 AUSTRALIA: HIGH-TO-VERY-HIGH-FIELD MRI SYSTEMS MARKET, BY TYPE,
2023-2030 (USD MILLION) 165
TABLE 117 SOUTH KOREA: MRI SYSTEMS MARKET, BY FIELD STRENGTH,
2023-2030 (USD MILLION) 166
TABLE 118 SOUTH KOREA: HIGH-TO-VERY-HIGH-FIELD MRI SYSTEMS MARKET,
BY TYPE, 2023-2030 (USD MILLION) 166
TABLE 119 REST OF ASIA PACIFIC: MRI SYSTEMS MARKET, BY FIELD STRENGTH,
2023-2030 (USD MILLION) 167
TABLE 120 REST OF ASIA PACIFIC: HIGH-TO-VERY-HIGH-FIELD MRI SYSTEMS MARKET,
BY TYPE, 2023-2030 (USD MILLION) 167
TABLE 121 LATIN AMERICA: MACROECONOMIC OUTLOOK 168
TABLE 122 LATIN AMERICA: MRI SYSTEMS MARKET, BY COUNTRY,
2023-2030 (USD MILLION) 169
TABLE 123 LATIN AMERICA: MRI SYSTEMS MARKET, BY FIELD STRENGTH,
2023-2030 (USD MILLION) 169
TABLE 124 LATIN AMERICA: HIGH-TO-VERY-HIGH-FIELD MRI SYSTEMS MARKET,
BY TYPE, 2023-2030 (USD MILLION) 169
TABLE 125 LATIN AMERICA: MRI SYSTEMS MARKET, BY ARCHITECTURE,
2023-2030 (USD MILLION) 170
TABLE 126 LATIN AMERICA: CLOSED MRI SYSTEMS MARKET, BY TYPE,
2023-2030 (USD MILLION) 170
TABLE 127 LATIN AMERICA: MRI SYSTEMS MARKET, BY DESIGN, 2023-2030 (USD MILLION) 170
TABLE 128 LATIN AMERICA: FIXED/STATIONARY MRI SYSTEMS MARKET, BY TYPE,
2023-2030 (USD MILLION) 171
TABLE 129 LATIN AMERICA: MRI SYSTEMS MARKET, BY APPLICATION,
2023-2030 (USD MILLION) 171
TABLE 130 LATIN AMERICA: MRI SYSTEMS MARKET, BY END USER,
2023-2030 (USD MILLION) 171
TABLE 131 BRAZIL: MRI SYSTEMS MARKET, BY FIELD STRENGTH, 2023-2030 (USD MILLION) 172
TABLE 132 BRAZIL: HIGH-TO-VERY-HIGH-FIELD MRI SYSTEMS, BY TYPE,
2023-2030 (USD MILLION) 173
TABLE 133 MEXICO: MRI SYSTEMS MARKET, BY FIELD STRENGTH,
2023-2030 (USD MILLION) 173
TABLE 134 MEXICO: HIGH-TO-VERY-HIGH-FIELD MRI SYSTEMS MARKET,
BY TYPE, 2023-2030 (USD MILLION) 174
TABLE 135 REST OF LATIN AMERICA: MRI SYSTEMS MARKET, BY FIELD STRENGTH,
2023-2030 (USD MILLION) 174
TABLE 136 REST OF LATIN AMERICA: HIGH-TO-VERY-HIGH-FIELD MRI SYSTEMS MARKET,
BY TYPE, 2023-2030 (USD MILLION) 175
TABLE 137 MIDDLE EAST & AFRICA: MACROECONOMIC OUTLOOK 176
TABLE 138 MIDDLE EAST & AFRICA: MRI SYSTEMS MARKET, BY COUNTRY,
2023-2030 (USD MILLION) 176
TABLE 139 MIDDLE EAST & AFRICA: MRI SYSTEMS MARKET, BY FIELD STRENGTH,
2023-2030 (USD MILLION) 176
TABLE 140 MIDDLE EAST & AFRICA: HIGH-TO-VERY-HIGH-FIELD MRI SYSTEMS MARKET,
BY TYPE, 2023-2030 (USD MILLION) 177
TABLE 141 MIDDLE EAST & AFRICA: MRI SYSTEMS MARKET, BY ARCHITECTURE,
2023-2030 (USD MILLION) 177
TABLE 142 MIDDLE EAST & AFRICA: CLOSED MRI SYSTEMS MARKET, BY TYPE,
2023-2030 (USD MILLION) 177
TABLE 143 MIDDLE EAST & AFRICA: MRI SYSTEMS MARKET, BY DESIGN,
2023-2030 (USD MILLION) 178
TABLE 144 MIDDLE EAST & AFRICA: FIXED/STATIONARY MRI SYSTEMS MARKET,
BY TYPE, 2023-2030 (USD MILLION) 178
TABLE 145 MIDDLE EAST & AFRICA: MRI SYSTEMS MARKET, BY APPLICATION,
2023-2030 (USD MILLION) 178
TABLE 146 MIDDLE EAST & AFRICA: MRI SYSTEMS MARKET, BY END USER,
2023-2030 (USD MILLION) 179
TABLE 147 GCC COUNTRIES: MRI SYSTEMS MARKET, BY FIELD STRENGTH,
2023-2030 (USD MILLION) 179
TABLE 148 GCC COUNTRIES: HIGH-TO-VERY-HIGH-FIELD MRI SYSTEMS MARKET,
BY TYPE, 2023-2030 (USD MILLION) 180
TABLE 149 REST OF MIDDLE EAST & AFRICA: MRI SYSTEMS MARKET, BY FIELD STRENGTH, 2023-2030 (USD MILLION) 180
TABLE 150 REST OF MIDDLE EAST & AFRICA: HIGH-TO-VERY-HIGH-FIELD MRI SYSTEMS MARKET, BY TYPE, 2023-2030 (USD MILLION) 181
TABLE 151 OVERVIEW OF STRATEGIES ADOPTED BY KEY PLAYERS IN MRI SYSTEMS MARKET, 2021-2025 182
TABLE 152 MRI SYSTEMS MARKET: DEGREE OF COMPETITION 185
TABLE 153 MRI SYSTEMS MARKET: FIELD STRENGTH FOOTPRINT 193
TABLE 154 MRI SYSTEMS MARKET: APPLICATION FOOTPRINT 194
TABLE 155 MRI SYSTEMS MARKET: END USER FOOTPRINT 195
TABLE 156 MRI SYSTEMS MARKET: REGION FOOTPRINT 196
TABLE 157 MRI SYSTEMS MARKET: DETAILED LIST OF KEY STARTUPS/SMES 199
TABLE 158 MRI SYSTEMS MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES 200
TABLE 159 MRI SYSTEMS MARKET: PRODUCT LAUNCHES AND APPROVALS, JANUARY 2021-APRIL 2025 201
TABLE 160 MRI SYSTEMS MARKET: DEALS, JANUARY 2021-APRIL 2025 202
TABLE 161 MRI SYSTEMS MARKET: EXPANSIONS, JANUARY 2021-APRIL 2025 203
TABLE 162 SIEMENS HEALTHINEERS: COMPANY OVERVIEW 204
TABLE 163 SIEMENS HEALTHINEERS: PRODUCTS OFFERED 205
TABLE 164 SIEMENS HEALTHINEERS: PRODUCT LAUNCHES AND APPROVALS, JANUARY 2021-APRIL 2025 206
TABLE 165 SIEMENS HEALTHINEERS: DEALS, JANUARY 2021-APRIL 2025 207
TABLE 166 SIEMENS HEALTHINEERS: EXPANSIONS, JANUARY 2021-APRIL 2025 208
TABLE 167 KONINKLIJKE PHILIPS N.V.: COMPANY OVERVIEW 209
TABLE 168 KONINKLIJKE PHILIPS N.V.: PRODUCTS OFFERED 210
TABLE 169 KONINKLIJKE PHILIPS N.V.: PRODUCT LAUNCHES AND APPROVALS, JANUARY 2021-APRIL 2025 211
TABLE 170 KONINKLIJKE PHILIPS N.V.: DEALS, JANUARY 2021-APRIL 2025 211
TABLE 171 KONINKLIJKE PHILIPS N.V.: EXPANSIONS, JANUARY 2021-APRIL 2025 211
TABLE 172 GE HEALTHCARE: COMPANY OVERVIEW 213
TABLE 173 GE HEALTHCARE: PRODUCTS OFFERED 214
TABLE 174 GE HEALTHCARE: PRODUCT LAUNCHES AND APPROVALS,
JANUARY 2021-APRIL 2025 215
TABLE 175 GE HEALTHCARE: DEALS, JANUARY 2021-APRIL 2025 215
TABLE 176 GE HEALTHCARE: EXPANSIONS, JANUARY 2021-APRIL 2025 216
TABLE 177 CANON MEDICAL SYSTEMS: COMPANY OVERVIEW 218
TABLE 178 CANON MEDICAL SYSTEMS: PRODUCTS OFFERED 219
TABLE 179 CANON MEDICAL SYSTEMS: PRODUCT LAUNCHES AND APPROVALS,
JANUARY 2021-APRIL 2025 220
TABLE 180 CANON MEDICAL SYSTEMS: DEALS, JANUARY 2021-APRIL 2025 220
TABLE 181 FUJIFILM CORPORATION: COMPANY OVERVIEW 222
TABLE 182 FUJIFILM CORPORATION: PRODUCTS OFFERED 223
TABLE 183 FUJIFILM CORPORATION: PRODUCT LAUNCHES AND APPROVALS,
JANUARY 2021-APRIL 2025 224
TABLE 184 FUJIFILM CORPORATION: DEALS, JANUARY 2021-APRIL 2025 224
TABLE 185 FONAR CORPORATION: COMPANY OVERVIEW 226
TABLE 186 FONAR CORPORATION: PRODUCTS OFFERED 227
TABLE 187 FONAR CORPORATION: DEALS, JANUARY 2021-APRIL 2025 227
TABLE 188 ESAOTE SPA: COMPANY OVERVIEW 228
TABLE 189 ESAOTE SPA: PRODUCTS OFFERED 228
TABLE 190 ESAOTE SPA: PRODUCT LAUNCHES AND APPROVALS, JANUARY 2021-APRIL 2025 229
TABLE 191 ESAOTE SPA: DEALS, JANUARY 2021-APRIL 2025 229
TABLE 192 SHANGHAI UNITED IMAGING HEALTHCARE CO., LTD.: COMPANY OVERVIEW 230
TABLE 193 SHANGHAI UNITED IMAGING HEALTHCARE CO., LTD.: PRODUCTS OFFERED 231
TABLE 194 SHANGHAI UNITED IMAGING HEALTHCARE CO., LTD.: PRODUCT LAUNCHES AND APPROVALS, JANUARY 2021-APRIL 2025 231
TABLE 195 SHANGHAI UNITED IMAGING HEALTHCARE CO., LTD.: DEALS,
JANUARY 2021-APRIL 2025 232
TABLE 196 SHANGHAI UNITED IMAGING HEALTHCARE CO., LTD.: EXPANSIONS, JANUARY 2021-APRIL 2025 232
TABLE 197 ASPECT IMAGING LTD.: COMPANY OVERVIEW 233
TABLE 198 ASPECT IMAGING LTD.: PRODUCTS OFFERED 233
TABLE 199 TIME MEDICAL HOLDING: COMPANY OVERVIEW 234
TABLE 200 TIME MEDICAL HOLDING: PRODUCTS OFFERED 234
TABLE 201 TIME MEDICAL HOLDING: PRODUCT LAUNCHES AND APPROVALS,
JANUARY 2021-APRIL 2025 235
TABLE 202 TIME MEDICAL HOLDING: DEALS, JANUARY 2021-APRIL 2025 235
TABLE 203 TIME MEDICAL HOLDING: EXPANSIONS, JANUARY 2021-APRIL 2025 235
TABLE 204 NEUSOFT MEDICAL SYSTEMS CO., LTD.: COMPANY OVERVIEW 236
TABLE 205 NEUSOFT MEDICAL SYSTEMS CO., LTD.: PRODUCTS OFFERED 236
TABLE 206 NEUSOFT MEDICAL SYSTEMS CO., LTD.: DEALS, JANUARY 2021-APRIL 2025 237
TABLE 207 STERNMED GMBH: COMPANY OVERVIEW 238
TABLE 208 STERNMED GMBH: PRODUCTS OFFERED 238
TABLE 209 STERNMED GMBH: DEALS, JANUARY 2021-APRIL 2025 238
TABLE 210 HYPERFINE, INC.: COMPANY OVERVIEW 239
TABLE 211 HYPERFINE, INC.: PRODUCTS OFFERED 240
TABLE 212 HYPERFINE, INC.: DEALS, JANUARY 2021-APRIL 2025 240
TABLE 213 SHENZHEN BASDA MEDICAL APPARATUS CO., LTD.: COMPANY OVERVIEW 241
TABLE 214 SHENZHEN BASDA MEDICAL APPARATUS CO., LTD.: PRODUCTS OFFERED 241
TABLE 215 SHENZHEN ANKE HIGH-TECH., LTD: COMPANY OVERVIEW 242
TABLE 216 SHENZHEN ANKE HIGH-TECH., LTD: PRODUCTS OFFERED 242
TABLE 217 MAGNETICA LTD: COMPANY OVERVIEW 243
TABLE 218 AURORA HEALTHCARE US CORP: COMPANY OVERVIEW 244
TABLE 219 INNERVISION MRI LTD.: COMPANY OVERVIEW 245
TABLE 220 BEIJING WANDONG MEDICAL TECHNOLOGY CO., LTD.: COMPANY OVERVIEW 246
TABLE 221 MEDONICA CO., LTD: COMPANY OVERVIEW 247
TABLE 222 NEOSCAN SOLUTIONS GMBH: COMPANY OVERVIEW 247
TABLE 223 KANGDA INTERCONTINENTAL MEDICAL EQUIPMENT CO., LTD.:
COMPANY OVERVIEW 248
TABLE 224 MINFOUND MEDICAL SYSTEMS CO., LTD.: COMPANY OVERVIEW 249
TABLE 225 SYNAPTIVE MEDICAL: COMPANY OVERVIEW 250
TABLE 226 XINGAOYI MEDICAL EQUIPMENT CO,. LTD: COMPANY OVERVIEW 250
FIGURE 1 RESEARCH DESIGN 29
FIGURE 2 BREAKDOWN OF PRIMARY INTERVIEWS: SUPPLY-SIDE AND DEMAND-SIDE PARTICIPANTS 32
FIGURE 3 BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY TYPE, DESIGNATION,
AND REGION 33
FIGURE 4 RESEARCH METHODOLOGY: HYPOTHESIS BUILDING 34
FIGURE 5 APPROACH 1 (COMPANY REVENUE ESTIMATION) 35
FIGURE 6 REVENUE SHARE ANALYSIS: ILLUSTRATIVE EXAMPLE OF SIEMENS HEALTHINEERS 36
FIGURE 7 APPROACH 2: CUSTOMER-BASED MARKET ESTIMATION 37
FIGURE 8 CAGR PROJECTIONS: SUPPLY-SIDE ANALYSIS 38
FIGURE 9 DATA TRIANGULATION METHODOLOGY 39
FIGURE 10 MRI SYSTEMS MARKET, BY FIELD STRENGTH, 2025 VS. 2030 (USD MILLION) 42
FIGURE 11 MRI SYSTEMS MARKET, BY ARCHITECTURE, 2025 VS. 2030 (USD MILLION) 43
FIGURE 12 MRI SYSTEMS MARKET, BY APPLICATION, 2025 VS. 2030 (USD MILLION) 44
FIGURE 13 MRI SYSTEMS MARKET, BY END USER, 2025 VS. 2030 (USD MILLION) 45
FIGURE 14 MRI SYSTEMS MARKET: GEOGRAPHIC SNAPSHOT 45
FIGURE 15 RISING PREVALENCE OF CHRONIC DISEASES TO DRIVE MARKET 47
FIGURE 16 HIGH-TO-VERY-HIGH-FIELD MRI SYSTEMS SEGMENT TO DOMINATE
MARKET IN 2025 48
FIGURE 17 BRAIN & NEUROLOGICAL MRI SEGMENT TO ACCOUNT FOR LARGEST SHARE DURING FORECAST PERIOD 49
FIGURE 18 HOSPITALS SEGMENT TO ACCOUNT FOR LARGEST SHARE IN 2025 50
FIGURE 19 CHINA TO WITNESS HIGHEST GROWTH DURING FORECAST PERIOD 51
FIGURE 20 MRI SYSTEMS MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES,
AND CHALLENGES 52
FIGURE 21 PORTER'S FIVE FORCES ANALYSIS 59
FIGURE 22 ECOSYSTEM ANALYSIS 73
FIGURE 23 VALUE CHAIN ANALYSIS 75
FIGURE 24 SUPPLY CHAIN ANALYSIS 76
FIGURE 25 AVERAGE SELLING PRICE TREND OF MRI SYSTEMS, BY KEY PLAYER,
2022-2024 (USD MILLION) 79
FIGURE 26 AVERAGE SELLING PRICE TREND OF MRI SYSTEMS, BY REGION,
2022-2024 (USD MILLION) 81
FIGURE 27 PATENTS GRANTED, 2014-2024 83
FIGURE 28 IMPORT DATA FOR HS CODE 9018-COMPLIANT PRODUCTS, BY COUNTRY,
2020-2024 (USD THOUSAND) 85
FIGURE 29 EXPORT DATA FOR HS CODE 9018-COMPLIANT PRODUCTS, BY COUNTRY,
2020-2024 (USD THOUSAND) 86
FIGURE 30 NEW REVENUE POCKETS FOR PLAYERS IN MRI SYSTEMS MARKET 89
FIGURE 31 INVESTMENT & FUNDING SCENARIO, 2019-2023 (USD MILLION) 90
FIGURE 32 NUMBER OF DEALS, BY KEY PLAYER, 2019-2023 90
FIGURE 33 TOTAL VALUE OF DEALS, BY KEY PLAYER, 2019-2023 (USD MILLION) 91
FIGURE 34 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY FIELD STRENGTH 93
FIGURE 35 KEY BUYING CRITERIA, BY END USER 94
FIGURE 36 AI-INTEGRATED MRI SYSTEMS: USE CASES 97
FIGURE 37 PRICE IMPACT ANALYSIS 100
FIGURE 38 NORTH AMERICA: MRI SYSTEMS MARKET SNAPSHOT 139
FIGURE 39 ASIA PACIFIC: MRI SYSTEMS MARKET SNAPSHOT 157
FIGURE 40 REVENUE ANALYSIS OF TOP FIVE PLAYERS, 2020-2024 (USD MILLION) 184
FIGURE 41 MARKET SHARE OF KEY PLAYERS, 2024 185
FIGURE 42 RANKING OF KEY PLAYERS, 2024 187
FIGURE 43 EV/EBITDA OF TOP THREE PLAYERS, 2025 187
FIGURE 44 YEAR-TO-DATE (YTD) PRICE TOTAL RETURN AND 5-YEAR STOCK BETA OF TOP THREE VENDORS, 2025 188
FIGURE 45 BRAND/PRODUCT COMPARISON 189
FIGURE 46 MRI SYSTEMS MARKET: COMPANY EVALUATION MATRIX (KEY PLAYERS), 2024 191
FIGURE 47 COMPANY FOOTPRINT 192
FIGURE 48 MRI SYSTEMS MARKET: COMPANY EVALUATION MATRIX (STARTUPS/SMES), 2024 198
FIGURE 49 SIEMENS HEALTHINEERS: COMPANY SNAPSHOT (2024) 205
FIGURE 50 KONINKLIJKE PHILIPS N.V.: COMPANY SNAPSHOT (2024) 210
FIGURE 51 GE HEALTHCARE: COMPANY SNAPSHOT (2024) 214
FIGURE 52 CANON MEDICAL SYSTEMS: COMPANY SNAPSHOT (2024) 219
FIGURE 53 FUJIFILM CORPORATION: COMPANY SNAPSHOT (2024) 223
FIGURE 54 FONAR CORPORATION: COMPANY SNAPSHOT (2024) 226
FIGURE 55 SHANGHAI UNITED IMAGING HEALTHCARE CO., LTD.: COMPANY SNAPSHOT (2024) 230
FIGURE 56 HYPERFINE, INC.: COMPANY SNAPSHOT (2024) 239
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- Prices
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All prices are set by our partners and should be exactly the same as those listed on their own websites. We work on a Revenue share basis ensuring that you never pay more than what is offered elsewhere.
Should you find the price cheaper on another platform we recommend you to Contact us as we should be able to match this price. You can Contact us though through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
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- Discounts
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As we work in close partnership with our Partners from time to time we can secure discounts and assist with negotiations, this is part of our personalised service to you.
Discounts can sometimes be arranged for speedily placed orders; multiple report purchases or Higher License purchases.
To check if a Discount is possible please Contact our experienced team through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
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- Available Currencies
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Most Market Reports on our platform are listed in USD or EURO based on the wishes of our Partners. To avoid currency fluctuations and potential price differentiations we do not offer the possibility to change the currency online.
Should you wish to pay in a different currency to that advertised online we do accept payments in USD, EURO, GBP and PLN. The price will be calculated based on the relevant exchange rate taken from our National Bank.
To pay in a different above currency to that advertised online please Contact our team and a quotation will be sent within a couple of hours with payment details.
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- Licenses
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License options vary from Partner to Partner as is usually based on the number of Users that will benefitting from the report. It is very important that License ordered is not breached as this could have potential negative consequences for you individually or your employer.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
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- Global Site License
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The Global Site License is the most comprehensive license available. By selecting this license, the Market Report can be shared with other ‘Allowed Users’ and any other member of staff from the same organisation regardless of geographic location.
It is important to note that this may exclude Parent Companies or Subsidiaries.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
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- Formats
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The most common format is PDF, however in certain circumstances data may be present in Excel format or Online, especially in the case of Database or Directories. In addition, for certain higher license options a CD may also be provided.
If you have questions or need clarification about the specific formats we recommend you to Contact us and a detailed explanation will be provided.
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- Delivery
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Delivery is fulfilled by our partners directly. Once an order has been placed we inform the partner by sharing the delivery email details given in the order process.
Delivery is usually made within 24 hours of an order being placed, however it may take longer should your order be placed prior to the weekend or if otherwise specified on the Market Report details page. Additionally, if details have been not fully completed in the Order process a delay in delivery is possible.
If a delay in delivery is expected you will be informed about it immediately.
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- Shipping Charges
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As most Market Reports are delivered in PDF format we almost never have to add additional Shipping Charges. If, however you are ordering a Higher License service or a specific delivery format (e.g. CD version) charges may apply.
If you are concerned about additional Shipping Charges we recommend you to Contact us to double check.
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- Prices
- Ordering
- By Credit Card
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We work in Partnership with PayU to ensure payments are made securely in a fast and effortless way. PayU is the e-payments division of Naspers.
Naspers operates in over 133 International Markets and ranks 3rd Globally in terms of the number of e-commerce customers served.
For more information on PayU please visit: https://www.payu.pl/en/about-us
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- By Money Transfer
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If you require an invoice prior to payment, this is possible. To ensure a speedy delivery of the Market Report we require all relevant company details and you agree to maximum payment terms of 30 days from receipt of order.
With our regular clients deliver of the Market Report can be made prior to receiving payment, however in some circumstances we may ask for payment to be received before arranging for the Market Report to be delivered.
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- By Credit Card
- Security
- Website security
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We have specifically partnered with leading International companies to protect your privacy by using different technologies and processes to ensure security.
Everything submitted to Scotts International is encrypted via SSL (Secure Socket Layer) and all personal information provided to Scotts International is stored on computer systems with limited access in controlled environments.
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- Credit Card Security
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We partner with PayU (https://www.payu.pl/en/about-us) to ensure all credit card payments are made securely in a fast and effortless way.
PayU offers 250+ various payment channels and eWallet services across 4 continents allowing buyers to pay electronically, whether on a computer or a mobile device.
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- Website security