Global MRI Equipment Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031
1 Market Overview
- 1.1 Product Overview and Scope
- 1.2 Market Estimation Caveats and Base Year
- 1.3 Market Analysis by Type
- 1.3.1 Overview: Global MRI Equipment Consumption Value by Type: 2020 Versus 2024 Versus 2031
- 1.3.2 Superconducting Type MRI Equipment
- 1.3.3 Permanent-magnet Type MRI Equipment
- 1.4 Market Analysis by Application
- 1.4.1 Overview: Global MRI Equipment Consumption Value by Application: 2020 Versus 2024 Versus 2031
- 1.4.2 Hospitals
- 1.4.3 Imaging Centers
- 1.4.4 Academic Research
- 1.4.5 Other
- 1.5 Global MRI Equipment Market Size & Forecast
- 1.5.1 Global MRI Equipment Consumption Value (2020 & 2024 & 2031)
- 1.5.2 Global MRI Equipment Sales Quantity (2020-2031)
- 1.5.3 Global MRI Equipment Average Price (2020-2031)
2 Manufacturers Profiles
- 2.1 Siemens
- 2.1.1 Siemens Details
- 2.1.2 Siemens Major Business
- 2.1.3 Siemens MRI Equipment Product and Services
- 2.1.4 Siemens MRI Equipment Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.1.5 Siemens Recent Developments/Updates
- 2.2 Philips
- 2.2.1 Philips Details
- 2.2.2 Philips Major Business
- 2.2.3 Philips MRI Equipment Product and Services
- 2.2.4 Philips MRI Equipment Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.2.5 Philips Recent Developments/Updates
- 2.3 GE
- 2.3.1 GE Details
- 2.3.2 GE Major Business
- 2.3.3 GE MRI Equipment Product and Services
- 2.3.4 GE MRI Equipment Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.3.5 GE Recent Developments/Updates
- 2.4 Canon Medical
- 2.4.1 Canon Medical Details
- 2.4.2 Canon Medical Major Business
- 2.4.3 Canon Medical MRI Equipment Product and Services
- 2.4.4 Canon Medical MRI Equipment Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.4.5 Canon Medical Recent Developments/Updates
- 2.5 FUJIFILM
- 2.5.1 FUJIFILM Details
- 2.5.2 FUJIFILM Major Business
- 2.5.3 FUJIFILM MRI Equipment Product and Services
- 2.5.4 FUJIFILM MRI Equipment Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.5.5 FUJIFILM Recent Developments/Updates
- 2.6 United Imaging
- 2.6.1 United Imaging Details
- 2.6.2 United Imaging Major Business
- 2.6.3 United Imaging MRI Equipment Product and Services
- 2.6.4 United Imaging MRI Equipment Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.6.5 United Imaging Recent Developments/Updates
- 2.7 Neusoft
- 2.7.1 Neusoft Details
- 2.7.2 Neusoft Major Business
- 2.7.3 Neusoft MRI Equipment Product and Services
- 2.7.4 Neusoft MRI Equipment Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.7.5 Neusoft Recent Developments/Updates
- 2.8 XGY
- 2.8.1 XGY Details
- 2.8.2 XGY Major Business
- 2.8.3 XGY MRI Equipment Product and Services
- 2.8.4 XGY MRI Equipment Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.8.5 XGY Recent Developments/Updates
- 2.9 Anke
- 2.9.1 Anke Details
- 2.9.2 Anke Major Business
- 2.9.3 Anke MRI Equipment Product and Services
- 2.9.4 Anke MRI Equipment Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.9.5 Anke Recent Developments/Updates
- 2.10 Alltech
- 2.10.1 Alltech Details
- 2.10.2 Alltech Major Business
- 2.10.3 Alltech MRI Equipment Product and Services
- 2.10.4 Alltech MRI Equipment Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.10.5 Alltech Recent Developments/Updates
- 2.11 Wandong
- 2.11.1 Wandong Details
- 2.11.2 Wandong Major Business
- 2.11.3 Wandong MRI Equipment Product and Services
- 2.11.4 Wandong MRI Equipment Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.11.5 Wandong Recent Developments/Updates
- 2.12 BASDA
- 2.12.1 BASDA Details
- 2.12.2 BASDA Major Business
- 2.12.3 BASDA MRI Equipment Product and Services
- 2.12.4 BASDA MRI Equipment Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.12.5 BASDA Recent Developments/Updates
- 2.13 ESAOTE
- 2.13.1 ESAOTE Details
- 2.13.2 ESAOTE Major Business
- 2.13.3 ESAOTE MRI Equipment Product and Services
- 2.13.4 ESAOTE MRI Equipment Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.13.5 ESAOTE Recent Developments/Updates
3 Competitive Environment: MRI Equipment by Manufacturer
- 3.1 Global MRI Equipment Sales Quantity by Manufacturer (2020-2025)
- 3.2 Global MRI Equipment Revenue by Manufacturer (2020-2025)
- 3.3 Global MRI Equipment Average Price by Manufacturer (2020-2025)
- 3.4 Market Share Analysis (2024)
- 3.4.1 Producer Shipments of MRI Equipment by Manufacturer Revenue ($MM) and Market Share (%): 2024
- 3.4.2 Top 3 MRI Equipment Manufacturer Market Share in 2024
- 3.4.3 Top 6 MRI Equipment Manufacturer Market Share in 2024
- 3.5 MRI Equipment Market: Overall Company Footprint Analysis
- 3.5.1 MRI Equipment Market: Region Footprint
- 3.5.2 MRI Equipment Market: Company Product Type Footprint
- 3.5.3 MRI Equipment Market: Company Product Application Footprint
- 3.6 New Market Entrants and Barriers to Market Entry
- 3.7 Mergers, Acquisition, Agreements, and Collaborations
4 Consumption Analysis by Region
- 4.1 Global MRI Equipment Market Size by Region
- 4.1.1 Global MRI Equipment Sales Quantity by Region (2020-2031)
- 4.1.2 Global MRI Equipment Consumption Value by Region (2020-2031)
- 4.1.3 Global MRI Equipment Average Price by Region (2020-2031)
- 4.2 North America MRI Equipment Consumption Value (2020-2031)
- 4.3 Europe MRI Equipment Consumption Value (2020-2031)
- 4.4 Asia-Pacific MRI Equipment Consumption Value (2020-2031)
- 4.5 South America MRI Equipment Consumption Value (2020-2031)
- 4.6 Middle East & Africa MRI Equipment Consumption Value (2020-2031)
5 Market Segment by Type
- 5.1 Global MRI Equipment Sales Quantity by Type (2020-2031)
- 5.2 Global MRI Equipment Consumption Value by Type (2020-2031)
- 5.3 Global MRI Equipment Average Price by Type (2020-2031)
6 Market Segment by Application
- 6.1 Global MRI Equipment Sales Quantity by Application (2020-2031)
- 6.2 Global MRI Equipment Consumption Value by Application (2020-2031)
- 6.3 Global MRI Equipment Average Price by Application (2020-2031)
7 North America
- 7.1 North America MRI Equipment Sales Quantity by Type (2020-2031)
- 7.2 North America MRI Equipment Sales Quantity by Application (2020-2031)
- 7.3 North America MRI Equipment Market Size by Country
- 7.3.1 North America MRI Equipment Sales Quantity by Country (2020-2031)
- 7.3.2 North America MRI Equipment Consumption Value by Country (2020-2031)
- 7.3.3 United States Market Size and Forecast (2020-2031)
- 7.3.4 Canada Market Size and Forecast (2020-2031)
- 7.3.5 Mexico Market Size and Forecast (2020-2031)
8 Europe
- 8.1 Europe MRI Equipment Sales Quantity by Type (2020-2031)
- 8.2 Europe MRI Equipment Sales Quantity by Application (2020-2031)
- 8.3 Europe MRI Equipment Market Size by Country
- 8.3.1 Europe MRI Equipment Sales Quantity by Country (2020-2031)
- 8.3.2 Europe MRI Equipment Consumption Value by Country (2020-2031)
- 8.3.3 Germany Market Size and Forecast (2020-2031)
- 8.3.4 France Market Size and Forecast (2020-2031)
- 8.3.5 United Kingdom Market Size and Forecast (2020-2031)
- 8.3.6 Russia Market Size and Forecast (2020-2031)
- 8.3.7 Italy Market Size and Forecast (2020-2031)
9 Asia-Pacific
- 9.1 Asia-Pacific MRI Equipment Sales Quantity by Type (2020-2031)
- 9.2 Asia-Pacific MRI Equipment Sales Quantity by Application (2020-2031)
- 9.3 Asia-Pacific MRI Equipment Market Size by Region
- 9.3.1 Asia-Pacific MRI Equipment Sales Quantity by Region (2020-2031)
- 9.3.2 Asia-Pacific MRI Equipment Consumption Value by Region (2020-2031)
- 9.3.3 China Market Size and Forecast (2020-2031)
- 9.3.4 Japan Market Size and Forecast (2020-2031)
- 9.3.5 South Korea Market Size and Forecast (2020-2031)
- 9.3.6 India Market Size and Forecast (2020-2031)
- 9.3.7 Southeast Asia Market Size and Forecast (2020-2031)
- 9.3.8 Australia Market Size and Forecast (2020-2031)
10 South America
- 10.1 South America MRI Equipment Sales Quantity by Type (2020-2031)
- 10.2 South America MRI Equipment Sales Quantity by Application (2020-2031)
- 10.3 South America MRI Equipment Market Size by Country
- 10.3.1 South America MRI Equipment Sales Quantity by Country (2020-2031)
- 10.3.2 South America MRI Equipment Consumption Value by Country (2020-2031)
- 10.3.3 Brazil Market Size and Forecast (2020-2031)
- 10.3.4 Argentina Market Size and Forecast (2020-2031)
11 Middle East & Africa
- 11.1 Middle East & Africa MRI Equipment Sales Quantity by Type (2020-2031)
- 11.2 Middle East & Africa MRI Equipment Sales Quantity by Application (2020-2031)
- 11.3 Middle East & Africa MRI Equipment Market Size by Country
- 11.3.1 Middle East & Africa MRI Equipment Sales Quantity by Country (2020-2031)
- 11.3.2 Middle East & Africa MRI Equipment Consumption Value by Country (2020-2031)
- 11.3.3 Turkey Market Size and Forecast (2020-2031)
- 11.3.4 Egypt Market Size and Forecast (2020-2031)
- 11.3.5 Saudi Arabia Market Size and Forecast (2020-2031)
- 11.3.6 South Africa Market Size and Forecast (2020-2031)
12 Market Dynamics
- 12.1 MRI Equipment Market Drivers
- 12.2 MRI Equipment Market Restraints
- 12.3 MRI Equipment Trends Analysis
- 12.4 Porters Five Forces Analysis
- 12.4.1 Threat of New Entrants
- 12.4.2 Bargaining Power of Suppliers
- 12.4.3 Bargaining Power of Buyers
- 12.4.4 Threat of Substitutes
- 12.4.5 Competitive Rivalry
13 Raw Material and Industry Chain
- 13.1 Raw Material of MRI Equipment and Key Manufacturers
- 13.2 Manufacturing Costs Percentage of MRI Equipment
- 13.3 MRI Equipment Production Process
- 13.4 Industry Value Chain Analysis
14 Shipments by Distribution Channel
- 14.1 Sales Channel
- 14.1.1 Direct to End-User
- 14.1.2 Distributors
- 14.2 MRI Equipment Typical Distributors
- 14.3 MRI Equipment Typical Customers
15 Research Findings and Conclusion
16 Appendix
- 16.1 Methodology
- 16.2 Research Process and Data Source
According to our (Global Info Research) latest study, the global MRI Equipment market size was valued at US$ 9001 million in 2024 and is forecast to a readjusted size of USD 12240 million by 2031 with a CAGR of 4.5% during review period.
MRI (Magnetic Resonance Imaging) equipment is a non-invasive medical imaging device that uses strong magnetic fields and radio waves to generate detailed images of the internal structures of the human body. It is widely used in diagnosing neurological disorders, musculoskeletal conditions, cardiovascular diseases, and cancers. Unlike X-rays and CT scans, MRI does not use ionizing radiation, making it a safer imaging option for long-term monitoring and sensitive patient groups, such as pregnant women and children.
With advancements in technology, modern MRI equipment now features higher field strengths, faster scanning times, and improved image resolution. Innovations such as AI-assisted image processing, open-bore designs for claustrophobic patients, and portable MRI devices are expanding the accessibility and effectiveness of MRI in clinical settings.
Market Drivers:
The growth of the MRI equipment market is driven by the increasing prevalence of chronic diseases such as neurological disorders, cardiovascular diseases, and cancer, which require advanced imaging for accurate diagnosis and treatment planning. Additionally, technological advancements, including higher field strength MRI, artificial intelligence-assisted imaging, and portable MRI systems, are enhancing diagnostic accuracy and expanding the applications of MRI in clinical settings. Furthermore, the rising demand for non-invasive and radiation-free imaging modalities, coupled with government initiatives to improve healthcare infrastructure, is fueling market expansion.
Market Challenges:
Despite its growth potential, the MRI equipment market faces several challenges, including the high cost of MRI machines and installation, which limits adoption in low- and middle-income countries. The long scanning times and patient discomfort, particularly for those with claustrophobia, remain concerns. Moreover, MRI systems require specialized infrastructure and skilled professionals for operation and maintenance, leading to operational constraints. Reimbursement limitations and budget constraints in healthcare facilities further hinder widespread adoption, particularly in regions with limited healthcare funding.
The global key companies of MR Neuro Imaging include Siemens, Philips, GE, Canon Medical, FUJIFILM, United Imaging, Neusoft, XGY, Anke, Alltech, etc. In 2024, the global five largest players hold a share approximately 75.37 % in terms of revenue.
This report is a detailed and comprehensive analysis for global MRI Equipment market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global MRI Equipment market size and forecasts, in consumption value ($ Million), sales quantity (Units), and average selling prices (K US$/Unit), 2020-2031
Global MRI Equipment market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Units), and average selling prices (K US$/Unit), 2020-2031
Global MRI Equipment market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Units), and average selling prices (K US$/Unit), 2020-2031
Global MRI Equipment market shares of main players, shipments in revenue ($ Million), sales quantity (Units), and ASP (K US$/Unit), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for MRI Equipment
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global MRI Equipment market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Siemens, Philips, GE, Canon Medical, FUJIFILM, United Imaging, Neusoft, XGY, Anke, Alltech, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
MRI Equipment market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Superconducting Type MRI Equipment
Permanent-magnet Type MRI Equipment
Market segment by Application
Hospitals
Imaging Centers
Academic Research
Other
Major players covered
Siemens
Philips
GE
Canon Medical
FUJIFILM
United Imaging
Neusoft
XGY
Anke
Alltech
Wandong
BASDA
ESAOTE
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe MRI Equipment product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of MRI Equipment, with price, sales quantity, revenue, and global market share of MRI Equipment from 2020 to 2025.
Chapter 3, the MRI Equipment competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the MRI Equipment breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and MRI Equipment market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of MRI Equipment.
Chapter 14 and 15, to describe MRI Equipment sales channel, distributors, customers, research findings and conclusion.