Rising Demand For Diagnostics Drives Growth In The Mri Systems Market: A Significant Driver Propelling The Magnetic Resonance Imaging Systems Devices And Equipment Market In 2025

The Magnetic Resonance Imaging Systems Devices And Equipment Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].

What Is the Magnetic Resonance Imaging Systems Devices And Equipment Market Size and Projected Growth Rate?
The magnetic resonance imaging systems devices and equipment market has shown strong growth in recent years. It is projected to grow from $10.07 billion in 2024 to $10.74 billion in 2025, at a CAGR of 6.6%. The growth is attributed to advances in diagnostic imaging, an aging population, the demand for trauma and emergency care, and the importance of oncology and cancer diagnosis.

The magnetic resonance imaging systems devices and equipment market is expected to grow steadily in the next few years. It will reach $12.02 billion in 2029, with a compound annual growth rate (CAGR) of 2.9%. Growth factors include emerging markets, regulatory support, radiation reduction, and value-based healthcare. Major trends involve high-field and ultra-high-field MRI, cardiac MRI, musculoskeletal MRI, and hybrid imaging.

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What Are the Major Segments in the Magnetic Resonance Imaging Systems Devices And Equipment Market?
The magnetic resonance imaging systems devices and equipment market covered in this report is segmented -

1) By Type: Close MRI, Open MRI
2) By Application: Oncology, Neurology, Cardiology, Inflamatory and Infectious Diseases, Other Applications
3) By End User: Hospitals, Imaging centers, Ambulatory surgical centers

Subsegments:
1) By Close MRI: High-field MRI, Low-field MRI, Very High-field MRI
2) By Open MRI: Open High-field MRI, Open Low-field MRI

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What Are The Driving Magnetic Resonance Imaging Systems Devices And Equipment Market Evolution?
Shifts in lifestyle, ongoing technological advancements, and a rise in chronic illnesses are accelerating demand for diagnostics, thereby driving the MRI systems market. MRI systems produce detailed 3D anatomical images, aiding in diagnosis and treatment monitoring. In India, for instance, a budget of $1.8 billion was allocated for 150,000 health and wellness centres to improve healthcare accessibility. Health awareness and the growing importance of insurance are also fueling market expansion.

Which Firms Dominate The Magnetic Resonance Imaging Systems Devices And Equipment Market Segments?
Major companies operating in the magnetic resonance imaging systems devices and equipment market include Siemens Healthineers, GE Healthcare, Philips Healthcare, Hitachi Ltd., Canon Medical Systems, Esaote S.p.A, Bruker Corporation, Fonar Corporation, Neusoft Medical Systems Co. Ltd., Time Medical Systems, Aurora Imaging Technology, AllTech Medical Systems, Magnetica, Tomtec Imaging Systems GMBH, Sanrad Medical Systems Pvt. Ltd., Agilent Technologies Inc., Analogic Corporation, Hologic Inc, IMRIS Inc., Innervision Mri, Medinus Co., Medtronic plc, Millennium Technology Inc., Mindray Medical International Ltd., MR Solutions, Toshiba Corporation, Koninklijke Philips N.V., Hyperfine

What Trends Are Driving Growth in The Magnetic Resonance Imaging Systems Devices And Equipment Market?
Companies in the magnetic resonance imaging systems market are introducing mobile MRI scanners to improve accessibility. In November 2022, Siemens Healthineers AG launched the MAGNETOM Viato.Mobile, a portable MRI system with a 70 cm open bore, offering high-quality imaging and remote diagnostic capabilities.

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Which Is The Largest Region In The Magnetic Resonance Imaging Systems Devices And Equipment Market?
Western Europe was the largest region in the global magnetic resource imaging devices and equipment market in 2023. North America was the second-largest region in global magnetic resource imaging devices and equipment market. The regions covered in the magnetic resonance imaging systems devices and equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Magnetic Resonance Imaging Systems Devices And Equipment Market?
2. What is the CAGR expected in the Magnetic Resonance Imaging Systems Devices And Equipment Market?
3. What Are the Key Innovations Transforming the Magnetic Resonance Imaging Systems Devices And Equipment Industry?
4. Which Region Is Leading the Magnetic Resonance Imaging Systems Devices And Equipment Market?

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