MRI Coils Market is expected to reach US$ 18.18 billion by 2033 | Major Companies - GE HealthCare, Koninklijke Philips N.V, Canon Medical Systems, Esaote SPA.

Market Size and Growth:

The Global MRI Coils Market Size reached US$ 9.26 billion in 2024 and is expected to reach US$ 18.18 billion by 2033, growing at a CAGR of 8.1% during the forecast period 2025-2033. According to DataM Intelligence Report.

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The MRI Coils Market refers to the industry focused on designing, producing, and supplying radiofrequency coils used in Magnetic Resonance Imaging systems. These coils act as essential components for transmitting and receiving signals to generate high-resolution images. Market growth is driven by advances in coil technology, rising MRI procedure volumes, improved imaging needs, and increasing adoption of specialized coils across clinical and research applications.

United States: Recent Developments of MRI Coils Market

✅ In November 2025, Boston University researchers developed affordable, flexible wireless MRI coils, recognized among TIME's Best Inventions of 2025 for enabling bendable sensors that could replace bulky hospital machines.​

✅ In November 2025, InkSpace Imaging, a Berkeley-founded startup, received FDA 510(k) clearance for its flexible MR coil compatible with Philips 3.0T MRI systems, enhancing workflows and patient comfort across major platforms.​

✅ In December 2025 (noted within last three months context), United Imaging tripled its MRI production capacity at its Houston facility, supporting advanced coil technologies like whole-body 8-channel parallel transmit coils.​

Europe: Recent Developments of MRI Coils Market

✅ In November 2025, Polarean Imaging's XENOVIEW 3T Chest Coil passed compatibility testing with Philips MRI systems, expanding access to functional lung ventilation imaging following prior FDA clearance.​

✅ In October 2025, the MHRA updated guidance (Version 11.1) for medical device clinical investigations, streamlining submission routes and notifications to support faster approval of MRI coil technologies in Great Britain and Northern Ireland.​

✅ In November 2025, Siemens Healthineers advanced AI-powered imaging chains for interventional systems, aligning with Europe's focus on innovative, high-field MRI coils amid ongoing R&D investments.​

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FDA & Regulatory Approvals (2025):

✅ InkSpace Imaging - FDA 510(k) clearance for a 1.5T 24-channel MR coil (for Siemens scanners) - Cleared in early-2025; InkSpace announced FDA 510(k) clearance for its 1.5T 24-channel MR coil intended for Siemens Healthineers Magnetom systems.

✅ Siemens Healthineers - FDA clearance of new MR platforms in 2025 (platforms include RF coil subsystems) - Siemens received FDA clearance for the Magnetom Flow.Ace (1.5T) platform in mid-2025; system clearances typically cover integrated RF coil assemblies and the regulatory filings confirm RF coil components are included in the cleared system description.

✅ United Imaging (uMR series) - multiple 510(k) device filings in 2025 listing RF coils as system components - Several United Imaging uMR device 510(k) documents filed/published in 2025 explicitly list RF coils and gradient/RF subsystems as part of the cleared system. (These are system filings where coils are a defined component.)

Mergers & Acquisitions in 2025:

✅ Grovecourt Capital Partners acquires IMRIS (Feb 2025) - Private equity purchase of IMRIS (intraoperative MRI specialist). IMRIS products and intraoperative MRI solutions have close ties to specialized RF coils and intraoperative coil assemblies. This transaction was announced Feb 19, 2025.

✅ Intermagnetics (IGC) - completed acquisition of InVivo (Jan 2025) and pursuing / closing further MRI-component deals - Intermagnetics closed the acquisition of Invivo (maker of MR-compatible patient monitors) in late-Jan 2025 and is pursuing additional acquisitions (press/industry coverage cites a pending ~$100M purchase of MRI Devices to expand its magnets & coils footprint). These moves signal consolidation among independent suppliers of MR magnets, coils and peripheral components.

✅ Other transactional activity / consolidations - Industry press and specialist M&A trackers in 2025 highlighted smaller strategic buys by MR parts and service providers (e.g., continued roll-ups of coil repair/aftermarket specialists and component suppliers). Examples of historical and recent consolidation (for context) include acquisitions by MR parts/service companies and boutique coil/repair businesses - this trend continued through 2025.

Major Players:

Key companies in the MRI Coils market include:

GE HealthCare
Koninklijke Philips N.V
Siemens Healthcare Private Limited
Canon Medical Systems
Esaote SPA
MR Instruments, Inc.
RAPID MR International
ScanMed, LLC
Bruker
Tesla Engineering Ltd.

Segments Covered in the MRI Coils Market:

By Coil Type: Radiofrequency Coils, Gradient Coils, Surface Coils, Others.

By Application: Neurology, Cardiovascular, Spine and Musculoskeletal, Pediatric, Breast, Abdominal, Others.

By End User: Hospitals, Diagnostic Imaging Centers, Others.

Regional Analysis for MRI Coils Market:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

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Chapter Outline:

⏩ Market Overview: It contains five chapters, as well as information about the research scope, major manufacturers covered, market segments, MRI Coils market segments, study objectives, and years considered.

⏩ Market Landscape: The competition in the Global MRI Coils Market is evaluated here in terms of value, turnover, revenues, and market share by organization, as well as market rate, competitive landscape, and recent developments, transaction, growth, sale, and market shares of top companies.

⏩ Companies Profiles: The global MRI Coils market's leading players are studied based on sales, main products, gross profit margin, revenue, price, and growth production.

⏩ Market Outlook by Region: The report goes through gross margin, sales, income, supply, market share, CAGR, and market size by region in this segment. North America, Europe, Asia Pacific, Middle East & Africa, and South America are among the regions and countries studied in depth in this study.

⏩ Market Segments: It contains the deep research study which interprets how different end-user/application/type segments contribute to the MRI Coils Market.

⏩ Market Forecast: Production Side: In this part of the report, the authors have focused on production and production value forecast, key producers forecast, and production and production value forecast by type.

⏩ Research Findings: This section of the report showcases the findings and analysis of the report.

⏩ Conclusion: This portion of the report is the last section of the report where the conclusion of the research study is provided.

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Frequently asked questions:

➠ What is the global sales value, production value, consumption value, import and export of MRI Coils market?

➠ Who are the global key manufacturers of the MRI Coils Industry? How is their operating situation (capacity, production, sales, price, cost, gross, and revenue)?

➠ What are the MRI Coils market opportunities and threats faced by the vendors in the global MRI Coils Industry?

➠ Which application/end-user or product type may seek incremental growth prospects? What is the market share of each type and application?

➠ What focused approach and constraints are holding the MRI Coils market?

➠ What are the different sales, marketing, and distribution channels in the global industry?

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