Magnetic Resonance Imaging Market

Magnetic Resonance Imaging Market (Device Type: Low-to-Mid Field MRI, High-field MRI, Very High Field MRI, and Ultra-high Field MRI) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2022-2031

Magnetic Resonance Imaging Market Outlook 2031

  • The global market was valued at US$ 7.0 Bn in 2022
  • The global market is projected to grow at a CAGR of 4.2% from 2022 to 2031
  • The global market is anticipated to reach more than US$ 10.6 Bn by the end of 2031

Analysts’ Viewpoint on Magnetic Resonance Imaging Market Scenario

Rise in the incidence of chronic diseases and geriatric population is driving the global market. Cutting-edge research has led to the development of advanced magnetic resonance imaging equipment for the diagnosis of various conditions such as torn ligaments and tumors. Market players are introducing technologically advanced products to boost their revenue streams. They are also focusing on the development of wide-bore and open MRI systems that are suited for claustrophobic and oversized patients. Manufacturers are adding drawings and cartoons on pediatric MRI machines to calm children going inside the scanner.

Magnetic Resonance Imaging Market

Magnetic Resonance Imaging Market Introduction

Magnetic Resonance Imaging (MRI) is an advanced diagnostic technology used to create detailed images of organs and tissues in the body. It can create 3D images of an object or patient under study without causing any harm and without using any ionizing radiation. MRI systems are available in open and closed designs. Open MRI systems are less enclosed, which in turn, reduces the level of anxiety and claustrophobia in patients. Thus, open MRI systems are effective for diagnosis in neonates. Closed MRI systems can capture high-quality, detailed images due to their stronger magnetic field. However, they can be noisy during scans.

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Rise in Geriatric Population and Incidence of Chronic Diseases Augmenting Global MRI Market Size

The global population is aging rapidly, especially in developed countries such as the U.S. and Japan. This is attributed to improved healthcare infrastructure and policies in these countries. Moreover, access to various diagnostic and treatment services has improved in the last few years, especially in developed economies. This, in turn, has increased the life expectancy of the population. According to the World Health Organization (WHO), the global geriatric population is expected to reach around 2 billion by 2050 from 524 million in 2010.

The rise in the prevalence of respiratory, orthopedic, and cardiovascular diseases is projected to boost the market during the forecast period. As per the WHO, around 9.4 million people die globally, every year, due to cardiovascular diseases, and around 23.3 million people are likely to die due to the same by 2030.

Technological Advancements in Magnetic Resonance Imaging

MRI is an advanced form of medical image diagnostics, where the magnetic field of the scanner is utilized to create images of internal structures and organs of the body. Real-time dynamic MRI provides better contrasts and higher-resolution images of soft tissues as compared to other techniques. Thus, MRI is effective in imaging the brain, the heart, and muscle tissues. Advancements in diagnostic techniques such as open MRI, visualization software, and superconducting magnets are fueling the market.

Demand for technically advanced imaging equipment among hospitals and imaging diagnostic centers is also likely to augment the market during the forecast period. Market players are offering advanced products to enhance their market share. Siemens offers MAGNETOM Terra, the first ever 7T MRI system approved for clinical use in Europe and the U.S.

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Increased Demand for High-field MRI due to High-resolution Capability

In terms of device type, the global market has been classified into low-to-mid field MRI (below 1.5T), high-field MRI (1.5T - 3.0T), very high field MRI (4.0T - 5.0T), and ultra-high field MRI (6.0T and above). The high-field MRI (1.5T - 3.0T) segment is estimated to dominate the market during the forecast period.

High-field MRI system is used to evaluate subtle regional blood flow changes in the brain cortex during a functional MRI of the brain. It helps capture images with higher precision and is available at comparatively affordable prices. High-performance superconductors, such as niobium-titanium, are used to generate high-strength magnetic field in the system. High-field MRI system offers faster scanning, high picture resolution, and the ability to visualize physiological processes of the human body. Additionally, it can provide precise and accurate imaging of complex anatomical structures.

Rise in Adoption of Closed MRI Owing to Precise and Rapid Scanning Features

Based on design, the global market has been bifurcated into open MRI and closed MRI. The closed MRI segment dominates the market due to the advantages of closed MRI such as precise and rapid scanning and robust visualization of physiological processes of the human body. A closed MRI system comprises a large tube where a patient lies down in an oval-shaped scanner opening. It is used with a high magnetic field strength that ranges from 1.5 Tesla to 3.0 Tesla.

Increase in Prevalence of Intervertebral Disc Degenerative Diseases Fueling Spine Segment

In terms of application, the global market has been segmented into spine, neurology, orthopedic, cardiovascular, head and neck, abdominal and prostate, and others. The spine segment held major of the market in 2021, and it is projected to remain dominant during the forecast period. Growth of the segment can be ascribed to increase in cases of spinal injuries and rise in the prevalence of intervertebral disc degenerative diseases, especially in the geriatric population. According to the WHO, around 250,000 to 500,000 people suffer from spinal cord injury worldwide, annually.

Regional Outlook of Global Magnetic Resonance Imaging Market

According to recent MRI market research, North America dominates the global market, primarily due to its large patient population and increase in disease awareness among people. Rise in demand for technologically advanced MRI equipment and increase in awareness about imaging devices are also contributing toward the market growth in the region. MRI statistics in the U.S. reveal that medical professionals perform approximately 30 million MRI scans, annually.

Asia Pacific offers immense growth opportunities for players in the magnetic resonance imaging market. It accounted for 27.5% share of the market in 2021. Untapped opportunities, improving healthcare infrastructure, favorable government initiatives, and growth in the geriatric population are expected to boost the market in the region during the forecast period. The market in Asia Pacific is characterized by high demand for refurbished imaging systems due to low purchasing parity in the region.

Analysis of Key Players in Global Magnetic Resonance Imaging Market

Key players in the market are focused on the R&D of MRI systems with high field strength to enhance their market share. Expansion of product portfolios and regional presence and mergers & acquisitions are key strategic undertakings adopted by players. In June 2021, Philips and Akumin Inc., a leading outpatient diagnostic imaging services provider in the U.S., announced a strategic partnership to utilize Philips' new Radiology Operations Command Center across Akumin's outpatient imaging centers and co-create clinical standards for Akumin's MR and CT imaging modalities.

Some of the prominent players in the market of magnetic resonance imaging include GE Healthcare (General Electric Company), Canon Medical Systems Corporation (Canon Inc.), Koninklijke Philips N.V., Siemens Healthineers AG, Hitachi, Ltd., Esaote SpA, Magnetica, and AllTech Medical Systems.

Key Developments in Global Market of Magnetic Resonance Imaging

  • In November 2021, Philips launched an AI-enabled MRI portfolio at the Radiological Society of North America (RSNA) 2021 to expand its portfolio in imaging systems
  • In March 2021, Philips partnered with Walt Disney Company (EMEA) to test the effects of custom-made animation, including specially-made Disney stories, within Philips Ambient Experience, a solution that integrates architecture, design, and enabling technologies, such as dynamic lighting, video projections, and sound, to allow patients and staff to personalize their environment to create a relaxing atmosphere
  • In March 2021, Hitachi Medical Systems launched two new permanent open MRI systems - APERTO Lucent Plus (0.4T) and AIRIS Vento Plus (0.3T) - equipped with SynergyDrive workflow solution. The systems provide high-speed exams with motion-free images, easy siting and operation for fast return-of-image, and an open design that maximizes patient comfort.
  • In March 2018, Siemens Healthineers AG launched Magnetom Sola, its new 1.5T magnetic resonance system with a large 70 cm bore, at the European Conference of Radiology

Each of these players has been profiled in the magnetic resonance imaging market report based on parameters such as company overview, financial overview, business strategies, product portfolio, business segments, and recent developments.

Global Magnetic Resonance Imaging Market Snapshot

Attribute

Detail

Market Size Value in 2021

US$ 7.0 Bn

Market Forecast Value in 2031

More than US$ 10.6 Bn

Growth Rate (CAGR) for 2022-2031

4.2%

Forecast Period

2022–2031

Historical Data Available for

2017–2020

Quantitative Units

US$ Bn for Value

Market Analysis

It includes segment analysis at global as well as regional level. Moreover, qualitative analysis includes drivers, restraints, opportunities, key trends, and parent industry overview.

Competition Landscape

  • Market share analysis by company (2021)
  • Company profiles section includes overview, product portfolio, sales footprint, key subsidiaries or distributors, strategy & recent developments, and key financials

Format

Electronic (PDF) + Excel

Market Segmentation

  • Design
    • Open MRI
    • Closed MRI
  • Device Type
    • Low-to-Mid Field MRI (Below 1.5T)
    • High-field MRI (1.5T - 3.0T)
    • Very High Field MRI (4.0T - 5.0T)
    • Ultra-high Field MRI (6.0T and Above)
  • Application
    • Spine
    • Neurology
    • Orthopedic
    • Cardiovascular
    • Head and Neck
    • Abdominal and Prostate
    • Others
  • End-user
    • Hospitals
    • Ambulatory Surgical Centers
    • Diagnostic Imaging Centers

Regions Covered

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

Countries Covered

  • U.S.
  • Canada
  • Germany
  • U.K.
  • France
  • Italy
  • Spain
  • China
  • India
  • Japan
  • Australia & New Zealand
  • Brazil
  • Mexico
  • GCC Countries
  • South Africa

Companies Profiled

  • GE Healthcare (General Electric Company)
  • Canon Medical Systems Corporation (Canon Inc.)
  • Koninklijke Philips N.V.
  • Siemens Healthineers AG
  • Hitachi, Ltd.
  • Esaote SpA
  • Magnetica
  • AllTech Medical Systems

Customization Scope

Available upon request

Pricing

Available upon request

Frequently Asked Questions

How big was the global magnetic resonance imaging market in 2021?

The global magnetic resonance imaging market was valued at US$ 7.0 Bn in 2021

How big will be the global magnetic resonance imaging market in 2031?

The global magnetic resonance imaging market is projected to reach more than US$ 10.6 Bn by 2031

What will be the CAGR of the global magnetic resonance imaging market during the forecast period (2022–2031)?

The global magnetic resonance imaging market is anticipated to grow at a CAGR of 4.2% from 2022 to 2031

Which are the prominent trends that affect the market growth?

Rise in the geriatric population and increase in demand for advanced imaging equipment

Who are the prominent players in the global magnetic resonance imaging market?

GE Healthcare (General Electric Company), Canon Medical Systems Corporation (Canon Inc.), Koninklijke Philips N.V., Siemens Healthineers AG, Hitachi, Ltd., Esaote SpA, Magnetica, and AllTech Medical Systems.

    1. Preface

        1.1. Market Definition and Scope

        1.2. Market Segmentation

        1.3. Key Research Objectives

        1.4. Research Highlights

    2. Assumptions and Research Methodology

    3. Executive Summary: Global Magnetic Resonance Imaging Market

    4. Market Overview

        4.1. Introduction

            4.1.1. Design Definition

        4.2. Overview

        4.3. Market Dynamics

            4.3.1. Drivers

            4.3.2. Restraints

            4.3.3. Opportunities

        4.4. Global Magnetic Resonance Imaging Market Analysis and Forecasts, 2017 - 2031

            4.4.1. Market Revenue Projections (US$ Mn)

    5. Key Insights

        5.1. Technological Development in Magnetic Resonance Imaging/Equipment

        5.2. Regulatory Landscape Assessment

        5.3. Reimbursement Scenario

        5.4. Covid-19 Impact

        5.5. Global Installed Base of MRI Machines, by Key Regions (2021)

    6. Global Magnetic Resonance Imaging Market Analysis and Forecast, by Design

        6.1. Introduction & Definition

        6.2. Key Findings/Developments

        6.3. Market Value Forecast, by Design, 2017 - 2031

            6.3.1. Open MRI

            6.3.2. Closed MRI

        6.4. Market Attractiveness, by Design

    7. Global Magnetic Resonance Imaging Market Analysis and Forecast, by Device Type

        7.1. Introduction & Definition

        7.2. Key Findings/Developments

        7.3. Market Value Forecast, by Device Type, 2017 - 2031

            7.3.1. Low-to-Mid Field MRI (Below 1.5T)

            7.3.2. High-field MRI (1.5T - 3.0T)

            7.3.3. Very High Field MRI (4.0T - 5.0T)

            7.3.4. Ultra-high Field MRI (6.0T and Above)

        7.4. Market Attractiveness, by Device Type

    8. Global Magnetic Resonance Imaging Market Analysis and Forecast, by Application

        8.1. Introduction & Definition

        8.2. Key Findings/Developments

        8.3. Market Value Forecast, by Application, 2017 - 2031

            8.3.1. Spine

            8.3.2. Neurology

            8.3.3. Orthopedic

            8.3.4. Cardiovascular

            8.3.5. Head and Neck

            8.3.6. Abdominal and Prostate

            8.3.7. Others

        8.4. Market Attractiveness, by Application

    9. Global Magnetic Resonance Imaging Market Analysis and Forecast, by End-user

        9.1. Introduction & Definition

        9.2. Key Findings/Developments

        9.3. Market Value Forecast, by End-user, 2017 - 2031

            9.3.1. Hospitals

            9.3.2. Ambulatory Surgical Centers

            9.3.3. Diagnostic Imaging Centers

        9.4. Market Attractiveness, by End-user

    10. Global Magnetic Resonance Imaging Market Analysis and Forecast, by Region

        10.1. Key Findings

        10.2. Market Value Forecast, by Region

            10.2.1. North America

            10.2.2. Europe

            10.2.3. Asia Pacific

            10.2.4. Latin America

            10.2.5. Middle East & Africa

        10.3. Market Attractiveness, by Country/Region

    11. North America Magnetic Resonance Imaging Market Analysis and Forecast

        11.1. Introduction

            11.1.1. Key Findings

        11.2. Market Value Forecast, by Design, 2017 - 2031

            11.2.1. Open MRI

            11.2.2. Closed MRI

        11.3. Market Value Forecast, by Device Type, 2017 - 2031

            11.3.1. Low-to-Mid Field MRI (Below 1.5T)

            11.3.2. High-field MRI (1.5T - 3.0T)

            11.3.3. Very High Field MRI (4.0T - 5.0T)

            11.3.4. Ultra-high Field MRI (6.0T and Above)

        11.4. Market Value Forecast, by Application, 2017 - 2031

            11.4.1. Spine

            11.4.2. Neurology

            11.4.3. Orthopedic

            11.4.4. Cardiovascular

            11.4.5. Head and Neck

            11.4.6. Abdominal and Prostate

            11.4.7. Others

        11.5. Market Value Forecast, by End-user, 2017 - 2031

            11.5.1. Hospitals

            11.5.2. Ambulatory Surgical Centers

            11.5.3. Diagnostic Imaging Centers

        11.6. Market Value Forecast, by Country, 2017 - 2031

            11.6.1. U.S.

            11.6.2. Canada

        11.7. Market Attractiveness Analysis

            11.7.1. By Design

            11.7.2. By Device Type

            11.7.3. By Application

            11.7.4. By End-user

            11.7.5. By Country

    12. Europe Magnetic Resonance Imaging Market Analysis and Forecast

        12.1. Introduction

            12.1.1. Key Findings

        12.2. Market Value Forecast, by Design, 2017 - 2031

            12.2.1. Open MRI

            12.2.2. Closed MRI

        12.3. Market Value Forecast, by Device Type, 2017 - 2031

            12.3.1. Low-to-Mid Field MRI (Below 1.5T)

            12.3.2. High-field MRI (1.5T - 3.0T)

            12.3.3. Very High Field MRI (4.0T - 5.0T)

            12.3.4. Ultra-high Field MRI (6.0T and Above)

        12.4. Market Value Forecast, by Application, 2017 - 2031

            12.4.1. Spine

            12.4.2. Neurology

            12.4.3. Orthopedic

            12.4.4. Cardiovascular

            12.4.5. Head and Neck

            12.4.6. Abdominal and Prostate

            12.4.7. Others

        12.5. Market Value Forecast, by End-user, 2017 - 2031

            12.5.1. Hospitals

            12.5.2. Ambulatory Surgical Centers

            12.5.3. Diagnostic Imaging Centers

        12.6. Market Value Forecast, by Country/Sub-region, 2017 - 2031

            12.6.1. Germany

            12.6.2. U.K.

            12.6.3. France

            12.6.4. Spain

            12.6.5. Italy

            12.6.6. Rest of Europe

        12.7. Market Attractiveness Analysis

            12.7.1. By Design

            12.7.2. By Device Type

            12.7.3. By Application

            12.7.4. By End-user

            12.7.5. By Country/Sub-region

    13. Asia Pacific Magnetic Resonance Imaging Market Analysis and Forecast

        13.1. Introduction

            13.1.1. Key Findings

        13.2. Market Value Forecast, by Design, 2017 - 2031

            13.2.1. Open MRI

            13.2.2. Closed MRI

        13.3. Market Value Forecast, by Device Type, 2017 - 2031

            13.3.1. Low-to-Mid Field MRI (Below 1.5T)

            13.3.2. High-field MRI (1.5T - 3.0T)

            13.3.3. Very High Field MRI (4.0T - 5.0T)

            13.3.4. Ultra-high Field MRI (6.0T and Above)

        13.4. Market Value Forecast, by Application, 2017 - 2031

            13.4.1. Spine

            13.4.2. Neurology

            13.4.3. Orthopedic

            13.4.4. Cardiovascular

            13.4.5. Head and Neck

            13.4.6. Abdominal and Prostate

            13.4.7. Others

        13.5. Market Value Forecast, by End-user, 2017 - 2031

            13.5.1. Hospitals

            13.5.2. Ambulatory Surgical Centers

            13.5.3. Diagnostic Imaging Centers

        13.6. Market Value Forecast, by Country/Sub-region, 2017 - 2031

            13.6.1. China

            13.6.2. Japan

            13.6.3. India

            13.6.4. Australia & New Zealand

            13.6.5. Rest of Asia Pacific

        13.7. Market Attractiveness Analysis

            13.7.1. By Design

            13.7.2. By Device Type

            13.7.3. By Application

            13.7.4. By End-user

            13.7.5. By Country/Sub-region

    14. Latin America Magnetic Resonance Imaging Market Analysis and Forecast

        14.1. Introduction

            14.1.1. Key Findings

        14.2. Market Value Forecast, by Design, 2017 - 2031

            14.2.1. Open MRI

            14.2.2. Closed MRI

        14.3. Market Value Forecast, by Device Type, 2017 - 2031

            14.3.1. Low-to-Mid Field MRI (Below 1.5T)

            14.3.2. High-field MRI (1.5T - 3.0T)

            14.3.3. Very High Field MRI (4.0T - 5.0T)

            14.3.4. Ultra-high Field MRI (6.0T and Above)

        14.4. Market Value Forecast, by Application, 2017 - 2031

            14.4.1. Spine

            14.4.2. Neurology

            14.4.3. Orthopedic

            14.4.4. Cardiovascular

            14.4.5. Head and Neck

            14.4.6. Abdominal and Prostate

            14.4.7. Others

        14.5. Market Value Forecast, by End-user, 2017 - 2031

            14.5.1. Hospitals

            14.5.2. Ambulatory Surgical Centers

            14.5.3. Diagnostic Imaging Centers

        14.6. Market Value Forecast, by Country/Sub-region, 2017 - 2031

            14.6.1. Brazil

            14.6.2. Mexico

            14.6.3. Rest of Latin America

        14.7. Market Attractiveness Analysis

            14.7.1. By Design

            14.7.2. By Device Type

            14.7.3. By Application

            14.7.4. By End-user

            14.7.5. By Country/Sub-region

    15. Middle East & Africa Magnetic Resonance Imaging Market Analysis and Forecast

        15.1. Introduction

            15.1.1. Key Findings

        15.2. Market Value Forecast, by Design, 2017 - 2031

            15.2.1. Open MRI

            15.2.2. Closed MRI

        15.3. Market Value Forecast, by Device Type, 2017 - 2031

            15.3.1. Low-to-Mid Field MRI (Below 1.5T)

            15.3.2. High-field MRI (1.5T - 3.0T)

            15.3.3. Very High Field MRI (4.0T - 5.0T)

            15.3.4. Ultra-high Field MRI (6.0T and Above)

        15.4. Market Value Forecast, by Application, 2017 - 2031

            15.4.1. Spine

            15.4.2. Neurology

            15.4.3. Orthopedic

            15.4.4. Cardiovascular

            15.4.5. Head and Neck

            15.4.6. Abdominal and Prostate

            15.4.7. Others

        15.5. Market Value Forecast, by End-user, 2017 - 2031

            15.5.1. Hospitals

            15.5.2. Ambulatory Surgical Centers

            15.5.3. Diagnostic Imaging Centers

        15.6. Market Value Forecast, by Country/Sub-region, 2017 - 2031

            15.6.1. GCC Countries

            15.6.2. South Africa

            15.6.3. Rest of Middle East & Africa

        15.7. Market Attractiveness Analysis

            15.7.1. By Design

            15.7.2. By Device Type

            15.7.3. By Application

            15.7.4. By End-user

            15.7.5. By Country/Sub-region

    16. Competition Landscape

        16.1. Market Player – Competition Matrix (By Tier and Size of companies)

        16.2. Market Share Analysis By Company (2021)

        16.3. Company Profiles

            16.3.1. AllTech Medical Systems

                16.3.1.1. Company Overview (HQ, Business Segments, Employee Strength)

                16.3.1.2. Financial Analysis

                16.3.1.3. Growth Strategies

                16.3.1.4. SWOT Analysis

            16.3.2. Canon Medical Systems Corporation (Canon Inc.)

                16.3.2.1. Company Overview (HQ, Business Segments, Employee Strength)

                16.3.2.2. Financial Analysis

                16.3.2.3. Growth Strategies

                16.3.2.4. SWOT Analysis

            16.3.3. Esaote SpA

                16.3.3.1. Company Overview (HQ, Business Segments, Employee Strength)

                16.3.3.2. Financial Analysis

                16.3.3.3. Growth Strategies

                16.3.3.4. SWOT Analysis

            16.3.4. GE Healthcare (General Electric Company)

                16.3.4.1. Company Overview (HQ, Business Segments, Employee Strength)

                16.3.4.2. Financial Analysis

                16.3.4.3. Growth Strategies

                16.3.4.4. SWOT Analysis

            16.3.5. Hitachi, Ltd.

                16.3.5.1. Company Overview (HQ, Business Segments, Employee Strength)

                16.3.5.2. Financial Analysis

                16.3.5.3. Growth Strategies

                16.3.5.4. SWOT Analysis

            16.3.6. Koninklijke Philips N.V.

                16.3.6.1. Company Overview (HQ, Business Segments, Employee Strength)

                16.3.6.2. Financial Analysis

                16.3.6.3. Growth Strategies

                16.3.6.4. SWOT Analysis

            16.3.7. Magnetica

                16.3.7.1. Company Overview (HQ, Business Segments, Employee Strength)

                16.3.7.2. Financial Analysis

                16.3.7.3. Growth Strategies

                16.3.7.4. SWOT Analysis

            16.3.8. Siemens Healthineers AG

                16.3.8.1. Company Overview (HQ, Business Segments, Employee Strength)

                16.3.8.2. Financial Analysis

                16.3.8.3. Growth Strategies

                16.3.8.4. SWOT Analysis

    List of Tables

    Table 1: Global Magnetic Resonance Imaging Market Value (US$ Mn) Forecast, by Application, 2017–2031

    Table 2: Global Magnetic Resonance Imaging Market Value (US$ Mn) Forecast, by Design, 2017–2031

    Table 3: Global Magnetic Resonance Imaging Market Value (US$ Mn) Forecast, by Device Type, 2017–2031

    Table 4: Global Magnetic Resonance Imaging Market Value (US$ Mn) Forecast, by End-user, 2017–2031

    Table 5: Global Magnetic Resonance Imaging Market Value (US$ Mn) Forecast, by Region, 2017–2031

    Table 6: North America Magnetic Resonance Imaging Market Value (US$ Mn) Forecast, by Country, 2017–2031

    Table 7: North America Magnetic Resonance Imaging Market Value (US$ Mn) Forecast, by Application, 2017–2031

    Table 8: North America Magnetic Resonance Imaging Market Value (US$ Mn) Forecast, by Design Type, 2017–2031

    Table 9: North America Magnetic Resonance Imaging Market Value (US$ Mn) Forecast, by Device Type, 2017–2031

    Table 10: North America Magnetic Resonance Imaging Market Value (US$ Mn) Forecast, by End-user, 2017–2031

    Table 11: Europe Magnetic Resonance Imaging Market Value (US$ Mn) Forecast, by Country/Sub-region, 2017–2031

    Table 12: Europe Magnetic Resonance Imaging Market Value (US$ Mn) Forecast, by Application, 2017–2031

    Table 13: Europe Magnetic Resonance Imaging Market Value (US$ Mn) Forecast, by Design Type, 2017–2031

    Table 14: Europe Magnetic Resonance Imaging Market Value (US$ Mn) Forecast, by Device Type, 2017–2031

    Table 15: Europe Magnetic Resonance Imaging Market Value (US$ Mn) Forecast, by End-user, 2017–2031

    Table 16: Asia Pacific Magnetic Resonance Imaging Market Value (US$ Mn) Forecast, by Country/Sub-region, 2017–2031

    Table 17: Asia Pacific Magnetic Resonance Imaging Market Value (US$ Mn) Forecast, by Application, 2017–2031

    Table 18: Asia Pacific Magnetic Resonance Imaging Market Value (US$ Mn) Forecast, by Design Type, 2017–2031

    Table 19: Asia Pacific Magnetic Resonance Imaging Market Value (US$ Mn) Forecast, by Device Type, 2017–2031

    Table 20: Asia Pacific Magnetic Resonance Imaging Market Value (US$ Mn) Forecast, by End-user, 2017–2031

    Table 21: Latin America Magnetic Resonance Imaging Market Value (US$ Mn) Forecast, by Country/Sub-region, 2017–2031

    Table 22: Latin America Magnetic Resonance Imaging Market Value (US$ Mn) Forecast, by Application, 2017–2031

    Table 23: Latin America Magnetic Resonance Imaging Market Value (US$ Mn) Forecast, by Design Type, 2017–2031

    Table 24: Latin America Magnetic Resonance Imaging Market Value (US$ Mn) Forecast, by Device Type, 2017–2031

    Table 25: Latin America Magnetic Resonance Imaging Market Value (US$ Mn) Forecast, by End-user, 2017–2031

    Table 26: Middle East & Africa Magnetic Resonance Imaging Market Value (US$ Mn) Forecast, by Country/Sub-region, 2017–2031

    Table 27: Middle East & Africa Magnetic Resonance Imaging Market Value (US$ Mn) Forecast, by Application, 2017–2031

    Table 28: Middle East & Africa Magnetic Resonance Imaging Market Value (US$ Mn) Forecast, by Design Type, 2017–2031

    Table 29: Middle East & Africa Magnetic Resonance Imaging Market Value (US$ Mn) Forecast, by Device Type, 2017–2031

    Table 30: Middle East & Africa Magnetic Resonance Imaging Market Value (US$ Mn) Forecast, by End-user, 2017–2031

    List of Figures

    Figure 1: Global Magnetic Resonance Imaging Market Value (US$ Mn) Forecast, 2022–2031

    Figure 2: Global Magnetic Resonance Imaging Market Value Share Analysis, by Application, 2021 and 2031

    Figure 3: Global Magnetic Resonance Imaging Market Value (US$ Mn) and Y-o-Y Growth, by Spine, 2017–2031

    Figure 4: Global Magnetic Resonance Imaging Market Value (US$ Mn) and Y-o-Y Growth, by Neurology, 2017–2031

    Figure 5: Global Magnetic Resonance Imaging Market Value (US$ Mn) and Y-o-Y Growth, by Orthopedic, 2017-2031

    Figure 6: Global Magnetic Resonance Imaging Market Value (US$ Mn) and Y-o-Y Growth, by Cardiovascular, 2017–2031

    Figure 7: Global Magnetic Resonance Imaging Market Value (US$ Mn) and Y-o-Y Growth, by Head and Neck, 2017–2031

    Figure 8: Global Magnetic Resonance Imaging Market Value (US$ Mn) and Y-o-Y Growth, by Abdominal and Prostate, 2017–2031

    Figure 9: Global Magnetic Resonance Imaging Market Value (US$ Mn) and Y-o-Y Growth, by Others, 2017–2031

    Figure 10: Global Magnetic Resonance Imaging Market Attractiveness Analysis, by Application, 2022-2031

    Figure 11: Global Magnetic Resonance Imaging Market Value Share Analysis, by Design, 2021 and 2031

    Figure 12: Global Magnetic Resonance Imaging Market Value (US$ Mn) and Y-o-Y Growth, by Open MRI, 2017–2031

    Figure 13: Global Magnetic Resonance Imaging Market Value (US$ Mn) and Y-o-Y Growth, by Closed MRI, 2017–2031

    Figure 14: Global Magnetic Resonance Imaging Market Attractiveness Analysis, by Design, 2022-2031

    Figure 15: Global Magnetic Resonance Imaging Market Value Share Analysis, by Device Type, 2021 and 2031

    Figure 16: Global Magnetic Resonance Imaging Market Value (US$ Mn) and Y-o-Y Growth, by Low-to-Mid Field MRI (Below 1.5T), 2017–2031

    Figure 17: Global Magnetic Resonance Imaging Market Value (US$ Mn) and Y-o-Y Growth, by High-field MRI (1.5T - 3.0T), 2017–2031

    Figure 18: Global Magnetic Resonance Imaging Market Value (US$ Mn) and Y-o-Y Growth, by Very High Field MRI (4.0T - 5.0T), 2017-2031

    Figure 19: Global Magnetic Resonance Imaging Market Value (US$ Mn) and Y-o-Y Growth, by Ultra High-field MRI (6.0T and Above), 2017–2031

    Figure 20: Global Magnetic Resonance Imaging Market Attractiveness Analysis, by Device Type, 2022–2031

    Figure 21: Global Magnetic Resonance Imaging Market Value Share Analysis, by End-user, 2021 and 2031

    Figure 22: Global Magnetic Resonance Imaging Market Attractiveness, by End-user, 2022–2031

    Figure 23: Global Magnetic Resonance Imaging Market Value (US$ Mn) and Y-o-Y Growth, by Hospitals, 2017–2031

    Figure 24: Global Magnetic Resonance Imaging Market Value (US$ Mn) and Y-o-Y Growth, by Ambulatory Surgical Centers, 2017–2031

    Figure 25: Global Magnetic Resonance Imaging Market Value (US$ Mn) and Y-o-Y Growth, by Diagnostic Imaging Centers, 2017–2031

    Figure 26: Global Magnetic Resonance Imaging Market Value Share Analysis, by Region, 2021 and 2031

    Figure 27: Global Magnetic Resonance Imaging Market Attractiveness Analysis, by Region, 2022-2031

    Figure 28: North America Magnetic Resonance Imaging Market Value (US$ Mn) Forecast and Y-o-Y Growth (%) Projection, 2017–2031

    Figure 29: North America Magnetic Resonance Imaging Market Value Share, by Country, 2021 and 2031

    Figure 30: North America Magnetic Resonance Imaging Market Attractiveness, by Country, 2022–2031

    Figure 31: North America Magnetic Resonance Imaging Market Value Share Analysis, by Application, 2021 and 2031

    Figure 32: North America Magnetic Resonance Imaging Market Attractiveness, by Application, 2022–2031

    Figure 33: North America Magnetic Resonance Imaging Market Value Share Analysis, by Design Type, 2021 and 2031

    Figure 34: North America Magnetic Resonance Imaging Market Attractiveness, by Design Type, 2022–2031

    Figure 35: North America Magnetic Resonance Imaging Market Value Share Analysis, by Device Type, 2021 and 2031

    Figure 36: North America Magnetic Resonance Imaging Market Attractiveness, by Device Type, 2022–2031

    Figure 37: North America Magnetic Resonance Imaging Market Value Share Analysis, by End-user, 2021 and 2031

    Figure 38: North America Magnetic Resonance Imaging Market Attractiveness, by End-user, 2022–2031

    Figure 39: Europe Magnetic Resonance Imaging Market Value (US$ Mn) Forecast and Y-o-Y Growth (%) Projection, 2017–2031

    Figure 40: Europe Magnetic Resonance Imaging Market Value Share, by Country/Sub-region, 2021 and 2031

    Figure 41: Europe Magnetic Resonance Imaging Market Attractiveness, by Country/Sub-region, 2022–2031

    Figure 42: Europe Magnetic Resonance Imaging Market Value Share Analysis, by Application, 2021 and 2031

    Figure 43: Europe Magnetic Resonance Imaging Market Attractiveness, by Application, 2022–2031

    Figure 44: Europe Magnetic Resonance Imaging Market Value Share Analysis, by Design Type, 2021 and 2031

    Figure 45: Europe Magnetic Resonance Imaging Market Attractiveness, by Design Type, 2022–2031

    Figure 46: Europe Magnetic Resonance Imaging Market Value Share Analysis, by Device Type, 2021 and 2031

    Figure 47: Europe Magnetic Resonance Imaging Market Attractiveness, by Device Type, 2022–2031

    Figure 48: Europe Magnetic Resonance Imaging Market Value Share Analysis, by End-user, 2021 and 2031

    Figure 49: Europe Magnetic Resonance Imaging Market Attractiveness, by End-user, 2022–2031

    Figure 50: Asia Pacific Magnetic Resonance Imaging Market Value (US$ Mn) Forecast and Y-o-Y Growth (%) Projection, 2017–2031

    Figure 51: Asia Pacific Magnetic Resonance Imaging Market Value Share, by Country/Sub-region, 2021 and 2031

    Figure 52: Asia Pacific Magnetic Resonance Imaging Market Attractiveness, by Country/Sub-region, 2022–2031

    Figure 53: Asia Pacific Magnetic Resonance Imaging Market Value Share Analysis, by Application, 2021 and 2031

    Figure 54: Asia Pacific Magnetic Resonance Imaging Market Attractiveness, by Application, 2022–2031

    Figure 55: Asia Pacific Magnetic Resonance Imaging Market Value Share Analysis, by Design Type, 2021 and 2031

    Figure 56: Asia Pacific Magnetic Resonance Imaging Market Attractiveness, by Design Type, 2022–2031

    Figure 57: Asia Pacific Magnetic Resonance Imaging Market Value Share Analysis, by Device Type, 2021 and 2031

    Figure 58: Asia Pacific Magnetic Resonance Imaging Market Attractiveness, by Device Type, 2022–2031

    Figure 59: Asia Pacific Magnetic Resonance Imaging Market Value Share Analysis, by End-user, 2021 and 2031

    Figure 60: Asia Pacific Magnetic Resonance Imaging Market Attractiveness, by End-user, 2022–2031

    Figure 61: Latin America Magnetic Resonance Imaging Market Value (US$ Mn) Forecast and Y-o-Y Growth (%) Projection, 2017–2031

    Figure 62: Latin America Magnetic Resonance Imaging Market Value Share, by Country/Sub-region, 2021 and 2031

    Figure 63: Latin America Magnetic Resonance Imaging Market Attractiveness, by Country/Sub-region, 2022–2031

    Figure 64: Latin America Magnetic Resonance Imaging Market Value Share Analysis, by Application, 2021 and 2031

    Figure 65: Latin America Magnetic Resonance Imaging Market Attractiveness, by Application, 2022–2031

    Figure 66: Latin America Magnetic Resonance Imaging Market Value Share Analysis, by Design Type, 2021 and 2031

    Figure 67: Latin America Magnetic Resonance Imaging Market Attractiveness, by Design Type, 2022–2031

    Figure 68: Latin America Magnetic Resonance Imaging Market Value Share Analysis, by Device Type, 2021 and 2031

    Figure 69: Latin America Magnetic Resonance Imaging Market Attractiveness, by Device Type, 2022–2031

    Figure 70: Latin America Magnetic Resonance Imaging Market Value Share Analysis, by End-user, 2021 and 2031

    Figure 71: Latin America Magnetic Resonance Imaging Market Attractiveness, by End-user, 2022–2031

    Figure 72: Middle East & Africa Magnetic Resonance Imaging Market Value (US$ Mn) Forecast and Y-o-Y Growth (%) Projection, 2017–2031

    Figure 73: Middle East & Africa Magnetic Resonance Imaging Market Value Share, by Country/Sub-region, 2021 and 2031

    Figure 74: Middle East & Africa Magnetic Resonance Imaging Market Attractiveness, by Country/Sub-region, 2022–2031

    Figure 75: Middle East & Africa Magnetic Resonance Imaging Market Value Share Analysis, by Application, 2021 and 2031

    Figure 76: Middle East & Africa Magnetic Resonance Imaging Market Attractiveness, by Application, 2022–2031

    Figure 77: Middle East & Africa Magnetic Resonance Imaging Market Value Share Analysis, by Design Type, 2021 and 2031

    Figure 78: Middle East & Africa Magnetic Resonance Imaging Market Attractiveness, by Design Type, 2022–2031

    Figure 79: Middle East & Africa Magnetic Resonance Imaging Market Value Share Analysis, by Device Type, 2021 and 2031

    Figure 80: Middle East & Africa Magnetic Resonance Imaging Market Attractiveness, by Device Type, 2022–2031

    Figure 81: Middle East & Africa Magnetic Resonance Imaging Market Value Share Analysis, by End-user, 2021 and 2031

    Figure 82: Middle East & Africa Magnetic Resonance Imaging Market Attractiveness, by End-user, 2022–2031

     

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