×
  • Cat-intel
  • MedIntelliX
  • Resources
  • About Us
  • Request Free Sample ×

    Kindly complete the form below to receive a free sample of this Report

    Leading companies partner with us for data-driven Insights

    clients tt-cursor
    Hero Background

    US Magnetic Resonance Imaging Systems Market

    ID: MRFR/MED/14518-HCR
    100 Pages
    Rahul Gotadki
    October 2025

    US Magnetic Resonance Imaging Systems Market Research Report By Technology (Closed MRI Systems, Open MRI Systems, Functional MRI Systems, High-Field MRI Systems), By Application (Oncology, Neurology, Cardiology, Musculoskeletal Imaging, Gastrointestinal Imaging), By End Use (Hospitals, Diagnostic Imaging Centers, Research Institutes, Ambulatory Surgical Centers) and By Field Strength (Low-Field MRI Systems, Mid-Field MRI Systems, High-Field MRI Systems) - Forecast to 2035

    Share:
    Download PDF ×

    We do not share your information with anyone. However, we may send you emails based on your report interest from time to time. You may contact us at any time to opt-out.

    US Magnetic Resonance Imaging Systems Market Infographic
    Purchase Options

    US Magnetic Resonance Imaging Systems Market Summary

    As per MRFR analysis, the US magnetic resonance-imaging-systems market size was estimated at 1863.25 USD Million in 2024. The US magnetic resonance-imaging-systems market is projected to grow from 1963.68 USD Million in 2025 to 3319.99 USD Million by 2035, exhibiting a compound annual growth rate (CAGR) of 5.39% during the forecast period 2025 - 2035.

    Key Market Trends & Highlights

    The US magnetic resonance-imaging-systems market is poised for growth driven by technological advancements and increasing demand for non-invasive diagnostics.

    • Technological advancements in MRI systems are enhancing imaging quality and patient comfort.
    • The demand for non-invasive diagnostics is rising, leading to increased adoption of MRI technology.
    • The largest segment in the market is the high-field MRI systems, while the fastest-growing segment is the open MRI systems.
    • Key market drivers include the rising prevalence of chronic diseases and the growing investment in healthcare infrastructure.

    Market Size & Forecast

    2024 Market Size 1863.25 (USD Million)
    2035 Market Size 3319.99 (USD Million)

    Major Players

    Siemens Healthineers (DE), GE Healthcare (US), Philips Healthcare (NL), Canon Medical Systems (JP), Hitachi Medical Systems (JP), Fujifilm Medical Systems (JP), Bruker Corporation (US), Esaote S.p.A. (IT)

    US Magnetic Resonance Imaging Systems Market Trends

    The magnetic resonance-imaging-systems market is currently experiencing notable advancements. These advancements are driven by technological innovations and an increasing demand for non-invasive diagnostic tools. The integration of artificial intelligence and machine learning into imaging systems enhances image quality and reduces scanning times, thereby improving patient outcomes. Furthermore, the growing prevalence of chronic diseases necessitates more efficient diagnostic methods, which magnetic resonance imaging (MRI) provides. As healthcare providers seek to optimize their services, the adoption of advanced MRI systems is likely to rise, reflecting a shift towards precision medicine and personalized healthcare solutions. In addition, the magnetic resonance-imaging-systems market is influenced by regulatory changes and reimbursement policies that may affect the accessibility and affordability of these technologies. The emphasis on cost-effective healthcare solutions suggests that manufacturers will need to focus on developing systems that not only meet clinical needs but also align with budgetary constraints faced by healthcare facilities. As the market evolves, collaboration between technology developers and healthcare providers could foster innovations that address both clinical and economic challenges, ultimately enhancing the overall healthcare landscape.

    Technological Advancements

    Recent innovations in magnetic resonance imaging technology, such as high-field MRI systems and portable devices, are transforming diagnostic capabilities. These advancements enable clearer images and faster processing times, which may lead to improved patient care and satisfaction.

    Increased Demand for Non-Invasive Diagnostics

    The rising preference for non-invasive diagnostic methods is driving growth in the magnetic resonance-imaging-systems market. As patients and healthcare providers prioritize safety and comfort, MRI's ability to provide detailed images without radiation exposure is becoming increasingly appealing.

    Regulatory and Reimbursement Changes

    Ongoing changes in healthcare regulations and reimbursement policies are likely to impact the magnetic resonance-imaging-systems market. Manufacturers may need to adapt their strategies to ensure compliance and affordability, which could influence the adoption rates of new technologies.

    US Magnetic Resonance Imaging Systems Market Drivers

    Rising Prevalence of Chronic Diseases

    The increasing incidence of chronic diseases such as cancer, cardiovascular disorders, and neurological conditions is a primary driver for the magnetic resonance-imaging-systems market. As healthcare providers seek advanced diagnostic tools to improve patient outcomes, the demand for MRI systems is expected to rise. According to recent data, chronic diseases account for approximately 70% of all deaths in the US, highlighting the urgent need for effective diagnostic solutions. This trend is likely to propel investments in MRI technology, as hospitals and clinics aim to enhance their diagnostic capabilities. Furthermore, the aging population, which is more susceptible to these conditions, is anticipated to further boost the demand for MRI systems, thereby shaping the future landscape of the magnetic resonance-imaging-systems market.

    Expansion of Outpatient Imaging Centers

    The expansion of outpatient imaging centers is emerging as a significant driver for the magnetic resonance-imaging-systems market. These facilities offer convenient access to diagnostic imaging services, catering to the increasing demand for non-invasive procedures. As patients seek alternatives to traditional hospital settings, outpatient centers are likely to proliferate, necessitating the acquisition of advanced MRI systems. Recent data indicates that the outpatient imaging market is expected to grow at a CAGR of over 5% in the coming years. This trend not only enhances patient access to MRI services but also stimulates competition among providers, ultimately benefiting the magnetic resonance-imaging-systems market.

    Technological Integration in Healthcare

    The integration of advanced technologies such as artificial intelligence (AI) and machine learning into MRI systems is transforming the magnetic resonance-imaging-systems market. These innovations enhance image quality, reduce scan times, and improve diagnostic accuracy. For instance, AI algorithms can assist radiologists in identifying anomalies, potentially increasing the efficiency of MRI procedures. The market for AI in medical imaging is projected to grow significantly, with estimates suggesting a compound annual growth rate (CAGR) of over 30% in the coming years. This technological evolution not only improves patient care but also drives the adoption of MRI systems across various healthcare settings, indicating a robust growth trajectory for the magnetic resonance-imaging-systems market.

    Increased Focus on Early Disease Detection

    The heightened emphasis on early disease detection and preventive healthcare is driving the magnetic resonance-imaging-systems market. As healthcare providers recognize the importance of early diagnosis in improving treatment outcomes, the demand for advanced imaging technologies, including MRI, is expected to rise. Studies suggest that early detection can significantly reduce treatment costs and improve survival rates for various conditions. This shift towards proactive healthcare is likely to encourage investments in MRI systems, as they play a vital role in identifying diseases at their nascent stages. The magnetic resonance-imaging-systems market is thus positioned to benefit from this growing trend, as healthcare systems prioritize early intervention strategies.

    Growing Investment in Healthcare Infrastructure

    The ongoing investment in healthcare infrastructure in the US is a crucial driver for the magnetic resonance-imaging-systems market. As hospitals and diagnostic centers expand and upgrade their facilities, the demand for state-of-the-art imaging equipment, including MRI systems, is likely to increase. Recent reports indicate that healthcare spending in the US is projected to reach $6 trillion by 2027, with a significant portion allocated to medical imaging technologies. This influx of capital is expected to facilitate the acquisition of advanced MRI systems, thereby enhancing diagnostic capabilities and improving patient outcomes. Consequently, the magnetic resonance-imaging-systems market is poised for substantial growth as healthcare providers respond to the evolving needs of the population.

    Market Segment Insights

    Magnetic Resonance Imaging Systems Market Technology Insights

    The Technology segment of the US Magnetic Resonance Imaging Systems Market is characterized by a diverse array of technologies that enhance diagnostic capabilities in the healthcare sector. Closed MRI Systems constitute a significant portion of this segment, renowned for their superior image quality and resolution, making them indispensable for complex neurological and musculoskeletal diagnoses. In contrast, Open MRI Systems cater to patients who may experience discomfort or anxiety in traditional closed units, offering a more accommodating design without sacrificing too much in terms of imaging quality.

    Functional MRI Systems play a unique role by measuring brain activity through blood flow changes, proving essential in research and clinical settings for neurological disorders and cognitive studies. Meanwhile, High-Field MRI Systems, operating at higher magnetic field strengths, provide improved signal-to-noise ratios and enhanced imaging, allowing for more detailed visuals essential for intricate examinations.

    The technological advancements within these categories contribute significantly to enhancing patient outcomes, streamlining procedures, and driving growth in the US Magnetic Resonance Imaging Systems Market. As the healthcare industry leans more towards precision medicine, the ability to capture highly detailed images and functional data will further establish the importance of these technologies, fostering market expansion and innovation opportunities throughout the coming years.

    Overall, the segmentation within the Technology domain illustrates a commitment to broadening accessibility and improving diagnostic processes, underscoring the dynamic nature of the US Magnetic Resonance Imaging Systems Market space.

    Source: Primary Research, Secondary Research, Market Research Future Database and Analyst Review

    Magnetic Resonance Imaging Systems Market Application Insights

    The US Magnetic Resonance Imaging Systems Market, centered around various applications, reflects significant growth driven by the increasing demand for accurate imaging technologies in healthcare. Each application plays a crucial role in various medical fields, with Oncology leading the way due to the rising incidence of cancer, necessitating advanced imaging for effective diagnosis and treatment planning. Neurology also holds a prominent status, as MRI is essential for detecting neurological disorders, aiding in the evaluation and management of conditions such as multiple sclerosis and neurological trauma.

    In addition, Cardiology benefits from MRI technologies for non-invasive imaging of cardiovascular diseases, providing vital insights into heart function and structure. Musculoskeletal Imaging utilizes MRI to evaluate soft tissue injuries and degenerative diseases, making it a preferred choice in orthopedic diagnostics. Gastrointestinal Imaging employs MRI techniques to investigate abdominal conditions, such as liver diseases and gastrointestinal tract anomalies. Overall, the diversity of applications within the US Magnetic Resonance Imaging Systems Market underscores its integral role in modern healthcare, addressing various medical needs and driving technological advancements in imaging solutions.

    Magnetic Resonance Imaging Systems Market End Use Insights

    The US Magnetic Resonance Imaging Systems Market exhibits a diverse segmentation by End Use that includes Hospitals, Diagnostic Imaging Centers, Research Institutes, and Ambulatory Surgical Centers. Hospitals dominate this market segment due to their comprehensive capabilities to provide advanced diagnostic services and treat a larger patient population. As centers of care, they play a crucial role in utilizing MRI for various medical conditions, particularly in complex cases that require extensive imaging.

    Diagnostic Imaging Centers also hold a significant share, catering to patients seeking specialized imaging services, which is essential for timely diagnosis and ongoing patient management. Research Institutes contribute significantly by pushing the boundaries of medical science and exploring innovative imaging techniques crucial for developing new treatment protocols. Ambulatory Surgical Centers represent an increasing trend, providing convenient access to MRI imaging in a streamlined, outpatient setting, which is pivotal for enhancing patient satisfaction and reducing wait times.

    The overall trends in the US Magnetic Resonance Imaging Systems Market reflect a steady growth, driven by technological advancements and the increasing prevalence of chronic diseases, which emphasize the need for accurate imaging solutions across these various end-use categories.

    Magnetic Resonance Imaging Systems Market Field Strength Insights

    The Field Strength segment of the US Magnetic Resonance Imaging Systems Market is crucial, comprising various systems categorized by their magnetic field strength capabilities. Low-Field MRI Systems cater to specific applications requiring lower resolution imaging, often utilized in outpatient facilities and mobile clinics due to their cost-effectiveness and versatility. Mid-Field MRI Systems bridge the gap, providing moderate imaging options suitable for diverse clinical applications while balancing costs and diagnostic performance.

    High-Field MRI Systems dominate the market, favored for their superior imaging quality and ability to capture detailed anatomical structures, making them invaluable in specialized medical environments such as academic and research institutions. The increasing prevalence of chronic diseases in the US has driven demand across these categories, with advancements in technology enhancing imaging capabilities.

    Furthermore, the growing focus on non-invasive diagnostic methods supports the expansion of the entire Field Strength segment, presenting opportunities for innovations and improved patient outcomes. This segmentation reflects the diverse requirements of healthcare providers while addressing various diagnostic challenges in a constantly evolving medical landscape.

    Get more detailed insights about US Magnetic Resonance Imaging Systems Market

    Key Players and Competitive Insights

    The magnetic resonance-imaging-systems market is characterized by a dynamic competitive landscape, driven by technological advancements and increasing demand for diagnostic imaging. Key players such as Siemens Healthineers (DE), GE Healthcare (US), and Philips Healthcare (NL) are at the forefront, each adopting distinct strategies to enhance their market positioning. Siemens Healthineers (DE) emphasizes innovation through the development of advanced imaging technologies, while GE Healthcare (US) focuses on expanding its product portfolio and enhancing customer service. Philips Healthcare (NL) appears to be concentrating on digital transformation and integrated solutions, which collectively shape a competitive environment that is increasingly reliant on technological differentiation and customer-centric approaches.

    In terms of business tactics, companies are localizing manufacturing and optimizing supply chains to enhance operational efficiency. The market structure is moderately fragmented, with several key players exerting considerable influence. This fragmentation allows for a variety of competitive strategies, as companies seek to carve out niches in specific segments of the market, such as high-field MRI systems or portable imaging solutions.

    In October 2025, Siemens Healthineers (DE) announced the launch of its latest MRI system, which integrates artificial intelligence to improve imaging accuracy and reduce scan times. This strategic move not only reinforces Siemens' commitment to innovation but also positions the company to meet the growing demand for faster and more precise diagnostic tools. The integration of AI is likely to enhance the user experience and streamline workflows in clinical settings, thereby increasing the system's appeal to healthcare providers.

    In September 2025, GE Healthcare (US) revealed a partnership with a leading telehealth provider to enhance remote diagnostic capabilities. This collaboration aims to leverage telemedicine trends, allowing healthcare professionals to access MRI results remotely. Such a strategic alliance indicates GE's recognition of the shifting landscape towards digital health solutions, potentially expanding its market reach and improving patient outcomes through timely diagnostics.

    In August 2025, Philips Healthcare (NL) launched a new initiative focused on sustainability, introducing eco-friendly MRI systems designed to reduce energy consumption and waste. This move aligns with global trends towards environmental responsibility and positions Philips as a leader in sustainable healthcare technology. The emphasis on sustainability may resonate well with healthcare institutions increasingly prioritizing eco-friendly practices, thus enhancing Philips' competitive edge.

    As of November 2025, the competitive trends in the magnetic resonance-imaging-systems market are increasingly defined by digitalization, sustainability, and the integration of artificial intelligence. Strategic alliances are becoming pivotal, as companies collaborate to enhance their technological capabilities and market reach. Looking ahead, competitive differentiation is likely to evolve from traditional price-based competition to a focus on innovation, advanced technology, and reliable supply chains. This shift suggests that companies that prioritize these aspects will be better positioned to thrive in an increasingly complex and demanding market.

    Key Companies in the US Magnetic Resonance Imaging Systems Market market include

    Industry Developments

    The US Magnetic Resonance Imaging Systems Market has witnessed significant developments recently, particularly in technological advancements and mergers and acquisitions. In October 2023, Siemens Healthineers announced the launch of a new MRI system aimed at improving imaging quality while reducing scan times, which reflects the market's push towards efficiency and patient comfort. Additionally, in September 2023, Philips pursued a strategic partnership with a leading health technology firm to enhance its MRI capabilities, reinforcing its competitive edge in the market.

    Hologic expanded its product offering with the introduction of innovative imaging solutions focused on women's health, showcasing the growing trend towards specialized imaging systems. In terms of acquisitions, GE Healthcare completed the acquisition of a medical imaging startup in August 2023, emphasizing its commitment to advancing MRI technology and integrating artificial intelligence into imaging processes.

    The market has experienced robust growth, driven by an increasing demand for advanced imaging technologies in hospitals and diagnostic centers, as reported by the American College of Radiology, highlighting a continuous investment trend in MRI systems among leading companies like Canon Medical Systems, Neusoft Medical Systems, and Fujifilm.

    Overall, the ongoing advancements and collaborations reflect a dynamic landscape within the US Magnetic Resonance Imaging Systems Market.

    Future Outlook

    US Magnetic Resonance Imaging Systems Market Future Outlook

    The magnetic resonance-imaging-systems market is projected to grow at a 5.39% CAGR from 2024 to 2035, driven by technological advancements, increasing healthcare expenditure, and rising demand for diagnostic imaging.

    New opportunities lie in:

    • Development of AI-driven imaging software for enhanced diagnostic accuracy.
    • Expansion of mobile MRI units to reach underserved areas.
    • Partnerships with telehealth platforms for remote imaging consultations.

    By 2035, the market is expected to achieve robust growth, positioning itself as a leader in diagnostic imaging solutions.

    Market Segmentation

    US Magnetic Resonance Imaging Systems Market End Use Outlook

    • Hospitals
    • Diagnostic Imaging Centers
    • Research Institutes
    • Ambulatory Surgical Centers

    US Magnetic Resonance Imaging Systems Market Technology Outlook

    • Closed MRI Systems
    • Open MRI Systems
    • Functional MRI Systems
    • High-Field MRI Systems

    US Magnetic Resonance Imaging Systems Market Application Outlook

    • Oncology
    • Neurology
    • Cardiology
    • Musculoskeletal Imaging
    • Gastrointestinal Imaging

    US Magnetic Resonance Imaging Systems Market Field Strength Outlook

    • Low-Field MRI Systems
    • Mid-Field MRI Systems
    • High-Field MRI Systems

    Report Scope

    MARKET SIZE 20241863.25(USD Million)
    MARKET SIZE 20251963.68(USD Million)
    MARKET SIZE 20353319.99(USD Million)
    COMPOUND ANNUAL GROWTH RATE (CAGR)5.39% (2024 - 2035)
    REPORT COVERAGERevenue Forecast, Competitive Landscape, Growth Factors, and Trends
    BASE YEAR2024
    Market Forecast Period2025 - 2035
    Historical Data2019 - 2024
    Market Forecast UnitsUSD Million
    Key Companies Profiled["Siemens Healthineers (DE)", "GE Healthcare (US)", "Philips Healthcare (NL)", "Canon Medical Systems (JP)", "Hitachi Medical Systems (JP)", "Fujifilm Medical Systems (JP)", "Bruker Corporation (US)", "Esaote S.p.A. (IT)"]
    Segments CoveredTechnology, Application, End Use, Field Strength
    Key Market OpportunitiesAdvancements in artificial intelligence enhance diagnostic capabilities in the magnetic resonance-imaging-systems market.
    Key Market DynamicsTechnological advancements drive competitive dynamics in the magnetic resonance-imaging-systems market, enhancing diagnostic capabilities and efficiency.
    Countries CoveredUS

    Leave a Comment

    FAQs

    What is the expected market size of the US Magnetic Resonance Imaging Systems Market in 2024?

    The market size of the US Magnetic Resonance Imaging Systems Market is expected to be valued at 2.05 billion USD in 2024.

    What will the market size be in 2035 for the US Magnetic Resonance Imaging Systems Market?

    By 2035, the US Magnetic Resonance Imaging Systems Market is projected to reach a value of 3.45 billion USD.

    What is the expected CAGR for the US Magnetic Resonance Imaging Systems Market from 2025 to 2035?

    The expected CAGR for the US Magnetic Resonance Imaging Systems Market from 2025 to 2035 is 4.846 percent.

    Which technology segment holds the largest market share in 2024?

    In 2024, the Closed MRI Systems segment is valued at 0.85 billion USD, making it the largest technology segment.

    What is the market value of Open MRI Systems in 2035?

    The market value of Open MRI Systems is projected to be 0.8 billion USD in 2035.

    Who are the key players in the US Magnetic Resonance Imaging Systems Market?

    Key players in the market include Siemens Healthineers, GE Healthcare, Philips, and Hologic among others.

    What is the forecasted market size for Functional MRI Systems in 2035?

    The forecasted market size for Functional MRI Systems in 2035 is expected to be 0.65 billion USD.

    What challenges are faced by the US Magnetic Resonance Imaging Systems Market?

    The market faces challenges such as high initial costs and the need for technological advancements.

    What growth drivers are influencing the US Magnetic Resonance Imaging Systems Market?

    The growth drivers include the increasing prevalence of chronic diseases and technological advancements in imaging systems.

    What is the value of High-Field MRI Systems in 2024?

    In 2024, the value of High-Field MRI Systems is estimated at 0.4 billion USD.

    Download Free Sample

    Kindly complete the form below to receive a free sample of this Report

    Case Study
    Chemicals and Materials

    Compare Licence

    ×
    Features License Type
    Single User Multiuser License Enterprise User
    Price $4,950 $5,950 $7,250
    Maximum User Access Limit 1 User Upto 10 Users Unrestricted Access Throughout the Organization
    Free Customization
    Direct Access to Analyst
    Deliverable Format
    Platform Access
    Discount on Next Purchase 10% 15% 15%
    Printable Versions