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    Mri Coils Market

    ID: MRFR/HC/25846-HCR
    100 Pages
    Rahul Gotadki
    October 2025

    MRI Coils Market Size, Growth Research Report By Modality (Open MRI, Closed MRI, Wide-Bore MRI, Intraoperative MRI), By Field Strength (Low-Field MRI (0.2-1.5T), Mid-Field MRI (1.5-3T), High-Field MRI (>3T)), By Application (Diagnostic Imaging, Surgical Guidance, Research and Development), By End User (Hospitals and Clinics, Diagnostic Imaging Centers, Research Institutions), By Coil Design (Phased-Array Coils, Volume Coils, Surface Coils, Hybrid Coils) and By Regional (North America, Europe, South America, Asia Pacific, Middle East and A...

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    Mri Coils Market Infographic
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    Mri Coils Market Summary

    As per MRFR analysis, the MRI Coils Market Size was estimated at 12.47 USD Billion in 2024. The MRI Coils industry is projected to grow from 14.09 USD Billion in 2025 to 47.71 USD Billion by 2035, exhibiting a compound annual growth rate (CAGR) of 12.97 during the forecast period 2025 - 2035.

    Key Market Trends & Highlights

    <p>The MRI Coils Market is experiencing robust growth driven by technological advancements and increasing healthcare demands.</p>

    • Technological advancements are enhancing the performance and efficiency of MRI coils, leading to improved diagnostic capabilities.
    • Customization and specialization in MRI coils are becoming prevalent, catering to specific clinical needs and enhancing patient outcomes.
    • North America remains the largest market for MRI coils, while the Asia-Pacific region is emerging as the fastest-growing market due to expanding healthcare infrastructure.
    • Key market drivers include the rising incidence of chronic diseases and an aging population, which are fueling demand for advanced MRI technologies.

    Market Size & Forecast

    2024 Market Size 12.47 (USD Billion)
    2035 Market Size 47.71 (USD Billion)
    CAGR (2025 - 2035) 12.97%

    Major Players

    Siemens Healthineers (DE), GE Healthcare (US), Philips Healthcare (NL), Canon Medical Systems (JP), Hitachi Medical Systems (JP), Fujifilm Medical Systems (JP), Bracco Imaging (IT), Esaote (IT), Neusoft Medical Systems (CN)

    Mri Coils Market Trends

    The MRI Coils Market is currently experiencing a transformative phase, driven by advancements in technology and increasing demand for high-quality imaging solutions. The integration of innovative materials and designs is enhancing the performance of MRI coils, leading to improved patient outcomes and diagnostic accuracy. As healthcare providers seek to optimize their imaging capabilities, the focus on developing specialized coils tailored for specific applications is becoming more pronounced. This trend reflects a broader shift towards personalized medicine, where imaging techniques are adapted to meet individual patient needs. Moreover, the growing emphasis on non-invasive diagnostic methods is propelling the MRI Coils Market forward. As medical professionals increasingly recognize the benefits of MRI technology, the demand for efficient and effective coils is likely to rise. Additionally, the expansion of healthcare infrastructure in emerging markets is expected to contribute to market growth. This expansion may lead to increased accessibility of MRI services, thereby fostering a greater reliance on advanced imaging techniques. Overall, the MRI Coils Market appears poised for continued evolution, with innovations and strategic developments shaping its future landscape.

    Technological Advancements

    The MRI Coils Market is witnessing rapid technological advancements that enhance imaging quality and efficiency. Innovations in coil design and materials are leading to improved signal-to-noise ratios, which are crucial for accurate diagnostics. These advancements not only optimize performance but also contribute to patient comfort during procedures.

    Customization and Specialization

    There is a growing trend towards customization and specialization within the MRI Coils Market. Manufacturers are increasingly developing coils tailored for specific applications, such as pediatric or cardiac imaging. This focus on specialized solutions reflects the healthcare industry's shift towards personalized medicine, aiming to meet diverse patient needs.

    Emerging Market Growth

    The expansion of healthcare infrastructure in emerging markets is significantly impacting the MRI Coils Market. As these regions invest in advanced medical technologies, the demand for MRI services is likely to increase. This growth may lead to greater accessibility of MRI diagnostics, further driving the need for high-quality coils.

    The evolution of MRI coil technology appears to enhance diagnostic capabilities, potentially leading to improved patient outcomes and more efficient healthcare delivery.

    U.S. Food and Drug Administration (FDA)

    Mri Coils Market Drivers

    Customization and Specialization

    Customization and specialization are emerging as key drivers in the MRI Coils Market. Healthcare facilities are increasingly seeking coils tailored to specific applications, such as pediatric or cardiac imaging. This trend is indicative of a broader shift towards personalized medicine, where diagnostic tools are optimized for individual patient needs. Manufacturers are responding by developing specialized coils that cater to niche markets, thereby enhancing their competitive edge. The ability to offer customized solutions is expected to contribute to a projected market growth of around 5.2% annually through 2030. As the demand for specialized imaging solutions rises, the MRI Coils Market is likely to witness a significant transformation.

    Rising Incidence of Chronic Diseases

    The rising incidence of chronic diseases is a critical driver for the MRI Coils Market. As the prevalence of conditions such as cancer, cardiovascular diseases, and neurological disorders increases, the demand for advanced imaging techniques rises correspondingly. MRI technology plays a vital role in the early detection and monitoring of these diseases, making MRI coils indispensable in clinical settings. According to recent data, the global burden of chronic diseases is expected to increase, leading to a higher demand for MRI services. This trend is likely to stimulate growth in the MRI Coils Market, as healthcare providers invest in advanced imaging technologies to improve patient outcomes.

    Technological Advancements in MRI Coils

    The MRI Coils Market is experiencing a surge in technological advancements that enhance imaging quality and patient comfort. Innovations such as phased array coils and multi-channel coils are becoming increasingly prevalent, allowing for improved signal-to-noise ratios and faster imaging times. These advancements are not only improving diagnostic accuracy but also expanding the applications of MRI technology in various medical fields. The market for MRI coils is projected to grow at a compound annual growth rate of approximately 5.2% from 2023 to 2030, driven by these technological improvements. As healthcare providers seek to adopt the latest technologies, the demand for advanced MRI coils is likely to increase, further propelling the MRI Coils Market.

    Aging Population and Increased Healthcare Expenditure

    The aging population is another significant driver influencing the MRI Coils Market. As individuals age, the likelihood of developing health issues that require advanced imaging increases. This demographic shift is prompting healthcare systems to allocate more resources towards diagnostic imaging technologies, including MRI. Increased healthcare expenditure, particularly in developed regions, is facilitating the acquisition of state-of-the-art MRI equipment and coils. The market is projected to expand as healthcare providers respond to the growing demand for imaging services among older adults. Consequently, the MRI Coils Market is poised for growth, driven by the intersection of an aging population and rising healthcare investments.

    Emerging Markets and Expanding Healthcare Infrastructure

    Emerging markets are becoming increasingly important in the MRI Coils Market. As countries develop their healthcare infrastructure, there is a growing demand for advanced diagnostic imaging technologies. Investments in healthcare facilities and the establishment of new hospitals are driving the need for MRI systems and associated coils. The expansion of healthcare access in these regions is likely to lead to a surge in MRI procedures, thereby increasing the demand for MRI coils. Market analysts suggest that the growth in emerging markets could contribute significantly to the overall expansion of the MRI Coils Market, as these regions seek to enhance their diagnostic capabilities.

    Market Segment Insights

    By By Field Strength: Mid-Field MRI (Largest) vs. High-Field MRI (Fastest-Growing)

    In the MRI coils market, the segment of Mid-Field MRI, which operates within the range of 1.5 to 3T, commands the largest share due to its widespread use in clinical settings. This segment benefits from its balance of cost and imaging quality, making it a preferred choice for diagnostic imaging in hospitals and outpatient clinics. In contrast, the Low-Field MRI segment (0.2-1.5T) garners a more modest share, primarily utilized in less demanding imaging environments where cost and portability are prioritized. Meanwhile, High-Field MRI (>3T) coils are gaining in market presence due to advancements in technology that enable superior imaging capabilities, attracting research facilities and specialized diagnostic centers.

    Mid-Field MRI (Dominant) vs. High-Field MRI (Emerging)

    Mid-Field MRI coils are well-established in the market, recognized for their ability to deliver a balance between accessibility and image quality. They are typically employed in standard diagnostic procedures, making them a go-to choice for medical facilities. Conversely, High-Field MRI coils, while still emerging, are quickly becoming essential in cutting-edge imaging applications. Their ability to produce high-resolution images makes them invaluable in research and advanced diagnostics. This segment is characterized by rapid technological advancements and increasing investment in high-end imaging technologies, indicating a shift towards more precise medical imaging methods.

    By By Application: Diagnostic Imaging (Largest) vs. Surgical Guidance (Fastest-Growing)

    The MRI coils market segment is primarily dominated by diagnostic imaging applications, capturing a significant market share. As the backbone of MRI systems, coils are essential for obtaining high-quality images, which drives their extensive deployment in hospitals and diagnostic centers. Surgical guidance, while smaller in market share, represents a rapidly growing segment as advances in technology lead to increased utilization of MRI coils for real-time surgical navigation, thereby gaining traction among healthcare providers. Recent trends indicate a robust growth for surgical guidance as medical professionals are increasingly recognizing the efficacy of MRI coils in improving surgical outcomes. Factors such as technological innovations, increased investments in medical imaging infrastructure, and a growing preference for non-invasive diagnostic techniques further fuel the expansion of this sector. The growing aging population and rising prevalence of chronic diseases also contribute to the expanding use of MRI coils in both established and emerging applications.

    Diagnostics: MRI Coils (Dominant) vs. Surgical Navigation (Emerging)

    In the MRI coils market, diagnostic imaging stands as the dominant application, characterized by its widespread adoption in clinical practice. Diagnostic coils are specifically designed to optimize image quality, playing an integral role in the evaluation and diagnosis of various medical conditions. In contrast, surgical navigation represents an emerging application, utilizing advanced coil technologies to enhance precision during surgical procedures. This segment leverages real-time imaging data to guide surgeons, improving accuracy and patient outcomes. The demand for innovations in surgical guidance is bolstered by the increasing complexity of procedures and the growing focus on minimally invasive techniques, thereby driving the need for specialized coils tailored to meet the requirements of a dynamic surgical landscape.

    By By End User: Hospitals and Clinics (Largest) vs. Diagnostic Imaging Centers (Fastest-Growing)

    In the MRI coils market, the distribution of end users is prominently skewed towards hospitals and clinics, which command the largest share. These facilities utilize MRI technology extensively for diagnosing a wide range of medical conditions, thereby driving significant demand for coils designed to enhance imaging quality. Diagnostic Imaging Centers, while trailing in market share, are rapidly increasing their footprint in the healthcare sector. This surge is attributed to the growing preference for specialized diagnostic services, enabling these centers to capture a more significant share in the market.

    Hospitals and Clinics (Dominant) vs. Research Institutions (Emerging)

    Hospitals and clinics stand as the dominant end users in the MRI coils market, leveraging advanced imaging techniques to support a vast array of clinical applications. These institutions tend to invest heavily in state-of-the-art MRI technologies, ensuring they remain at the forefront of patient care. In contrast, research institutions represent the emerging segment, focusing on innovative applications of MRI technology for various medical and scientific studies. While they currently hold a smaller share, their role in developing new imaging techniques and conducting clinical trials is crucial, suggesting a potential for increased market engagement as research collaborations and funding opportunities grow.

    By By Coil Design: Phased-Array Coils (Largest) vs. Surface Coils (Fastest-Growing)

    The MRI Coils Market is primarily segmented into Phased-Array Coils, Volume Coils, Surface Coils, and Hybrid Coils. Among these, Phased-Array Coils hold the largest market share due to their superior imaging capabilities and widespread adoption in clinical settings. Surface Coils are emerging rapidly as a preferred choice for specific applications due to their efficiency in targeting small areas and enhancing image resolution, thereby gaining traction in the market.

    Phased-Array Coils (Dominant) vs. Surface Coils (Emerging)

    Phased-Array Coils are considered the dominant technology in the MRI Coils Market, primarily due to their capability to provide high-resolution images and cover a larger field of view, making them suitable for various examinations, including neurological and musculoskeletal imaging. Their advent has revolutionized diagnostic imaging by significantly improving patient outcomes. Conversely, Surface Coils, identified as an emerging technology, are increasingly valued for their localized imaging abilities. They excel in imaging smaller anatomical regions, such as the extremities and joints, and are particularly favored in oncology. As increments in awareness and adoption continue, Surface Coils are gaining importance in specialized and high-resolution imaging, indicating a growing competitive landscape within the market.

    Get more detailed insights about Mri Coils Market

    Key Players and Competitive Insights

    Major players in the Mri Coils Market industry are constantly striving to gain a competitive edge by developing innovative products and technologies. Leading Mri Coils Market players are focusing on strategic collaborations and partnerships to expand their product portfolios and geographical reach. The Mri Coils Market development landscape is characterized by a high level of competition, with major players investing heavily in research and development to stay ahead of the curve. Companies are actively seeking to differentiate their offerings by providing advanced features, improved functionality, and enhanced customer support.

    The Mri Coils Market Competitive Landscape is expected to remain dynamic and competitive in the years to come as players continue to battle for market share and technological dominance.A leading company in the Mri Coils Market, Siemens Healthineers is known for its innovative imaging solutions and extensive product portfolio. The company offers a wide range of Mri Coils, including body coils, head coils, and extremity coils. Siemens Healthineers is committed to providing cutting-edge technology and high-quality products to meet the needs of healthcare professionals and patients alike.

    The company's focus on research and development has resulted in the development of advanced Mri Coils with improved image quality, faster scan times, and increased patient comfort.A notable competitor in the Mri Coils Market, GE Healthcare, is recognized for its comprehensive imaging systems and advanced technologies. The company offers a wide range of Mri Coils, including whole-body coils, cardiac coils, and neurological coils. GE Healthcare is dedicated to providing innovative solutions and exceptional customer service to healthcare facilities around the world.

    The company's commitment to innovation has led to the development of Mri Coils with enhanced capabilities, such as reduced scan times, improved signal-to-noise ratio, and increased patient throughput.

    Key Companies in the Mri Coils Market market include

    Industry Developments

    • Q1 2024: Philips invests INR 400 crore under PLI government scheme to manufacture radio-frequency magnetic coils in India Philips announced a significant investment to establish manufacturing of radio-frequency MRI coils in India, aiming to expand its production capacity and support local and global demand for advanced imaging components.

    Future Outlook

    Mri Coils Market Future Outlook

    The MRI Coils Market is poised for robust growth at a 12.97% CAGR from 2024 to 2034, driven by technological advancements, increasing healthcare expenditure, and rising demand for diagnostic imaging.

    New opportunities lie in:

    • Develop advanced multi-channel coils to enhance imaging quality and patient comfort.
    • Invest in AI-driven coil technology for improved diagnostic accuracy and efficiency.
    • Expand into emerging markets with tailored MRI coil solutions to meet local healthcare needs.

    By 2035, the MRI Coils Market is expected to achieve substantial growth, solidifying its critical role in medical imaging.

    Market Segmentation

    Mri Coils End User Outlook

    • Hospitals and Clinics
    • Diagnostic Imaging Centers
    • Research Institutions

    Mri Coils Modality Outlook

    • Open MRI
    • Closed MRI
    • Wide-Bore MRI
    • Intraoperative MRI

    Mri Coils Regional Outlook

    • North America
    • Europe
    • South America
    • Asia Pacific
    • Middle East and Africa

    Mri Coils Application Outlook

    • Diagnostic Imaging
    • Surgical Guidance
    • Research and Development

    Mri Coils Coil Design Outlook

    • Phased-Array Coils
    • Volume Coils
    • Surface Coils
    • Hybrid Coils

    Mri Coils Field Strength Outlook

    • Low-Field MRI (0.2-1.5T)
    • Mid-Field MRI (1.5-3T)
    • High-Field MRI (>3T)

    Report Scope

    Report Attribute/Metric Details
    Market Size 2024   12.47 (USD Billion)
    Market Size 2025   14.09 (USD Billion)
    Market Size 2035 47.71 (USD Billion)
    Compound Annual Growth Rate (CAGR) 12.97% (2025 - 2035)
    Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    Base Year 2024
    Market Forecast Period 2025 - 2035
    Historical Data 2020 - 2024
    Market Forecast Units USD Billion
    Key Companies Profiled Neusoft Medical Systems, Aspect Imaging, Philips Healthcare, Spectrum Dynamics Medical, Esaote, United Imaging Healthcare, Siemens Healthineers, Toshiba Medical Systems, Canon Medical Systems, GE Healthcare, Samsung Electronics, Hitachi Medical Systems, Mindray Medical International, Fonar Corporation
    Segments Covered Modality, Field Strength, Application, End User, Coil Design, Regional
    Key Market Opportunities Growing demand for MRI proceduresAdvancements in MRI technologyIncreasing prevalence of chronic diseasesRising healthcare expenditureGovernment initiatives to promote healthcare
    Key Market Dynamics Increased healthcare spending, technological advancements, rising prevalence of chronic diseases, growing demand for noninvasive diagnostic techniques, government initiatives and research funding
    Countries Covered North America, Europe, APAC, South America, MEA

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    FAQs

    What is the projected growth of the MRI Coils market?

    The MRI Coils market is the expected increase in total market value of 47.71 USD billion over a defined forecast period 2025–2035. It is driven by factors such as demand trends, technological advances, regulatory changes, and geographic expansion.

    What is the size of the MRI Coils market?

    MRI Coils market size was valued at approximately 12.47 billion USD in 2024. This figure will reach 47.71 billion USD covering all regions (America, Europe, Asia, MEA and ROW), focusing its segments / services / distribution channels till 2035.

    What is the CAGR of the MRI Coils market?

    MRI Coils market is expected to grow at a CAGR of 12.97% between 2025 and 2035.

    How much will the MRI Coils market be worth by 2035?

    MRI Coils market is expected to be worth of 47.71 billion USD, reflecting growth driven by usage, technology and global demands by the end of 2035.

    How will the MRI Coils market perform over the next 10 years?

    Over the next 10 years the MRI Coils market is expected to shift from usd billion 12.47 to 47.71 billion USD, led by adoption of advanced tech, demographic trends, regulatory approvals, with potential headwinds from 2025 to 2035.

    Which region is expected to dominate the Mri Coils Market?

    North America is expected to dominate the MRI coils Market, accounting for a significant market share due to the presence of major healthcare providers, advanced healthcare infrastructure, and high adoption of MRI technology.

    What are the key applications of MRI Coils?

    MRI Coils are primarily used in various applications, including neurological imaging, musculoskeletal imaging, cardiovascular imaging, and abdominal imaging.

    Who are the major competitors in the Mri Coils Market?

    Major competitors in the Mri Coils Market include GE Healthcare, Siemens Healthineers, Philips Healthcare, Hitachi Medical Systems, and Esaote.

    What are the factors driving the growth of the Mri Coils Market?

    The growth of the Mri Coils Market is attributed to factors such as increasing prevalence of chronic diseases, technological advancements in MRI systems, and rising demand for minimally invasive diagnostic procedures.

    What are the challenges faced by the Mri Coils Market?

    Challenges faced by the Mri Coils Market include stringent regulatory requirements, the high cost of MRI systems and limited reimbursement policies.

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