Home > Healthcare > Medical Devices > Diagnostic Devices > Magnetic Resonance Imaging (MRI) Coils Market
Magnetic Resonance Imaging Coils Market size accounted for USD 8.8 billion in 2023 and is predicted to grow at 7.6% from 2024 to 2032. Technological advancements, such as high-field MRI systems and innovative coil designs, significantly enhance imaging resolution and scan efficiency. The rising prevalence of chronic diseases, including neurological and orthopedic disorders, increases the demand for precise diagnostic tools, fueling the market.
Additionally, the aging global population contributes to higher healthcare utilization, driving the need for advanced imaging technologies. Moreover, there is a growing emphasis on early diagnosis and preventive healthcare, leading to more MRI procedures. Expanding healthcare infrastructure, particularly in emerging economies, along with government initiatives and increased healthcare spending, further supports market growth. Research and development efforts by manufacturers result in continuous product innovation, enhancing the market's offerings.
Report Attribute | Details |
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Base Year: | 2023 |
Magnetic Resonance Imaging Coils Market Size in 2023: | USD 8.8 Billion |
Forecast Period: | 2024-2032 |
Forecast Period 2024-2032 CAGR: | 7.6% |
2032 Value Projection: | USD 16.9 Billion |
Historical Data for: | 2021-2023 |
No. of Pages: | 235 |
Tables, Charts & Figures: | 350 |
Segments covered: | Type, Application, End-use, and Region |
Growth Drivers: |
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Pitfalls & Challenges: |
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Magnetic resonance imaging coils are specialized devices used in MRI scanners to generate and receive radiofrequency signals. These coils enhance the quality of the images by focusing the magnetic field on specific body parts, thereby improving signal strength and resolution. They come in various types, such as surface coils, volume coils, and phased array coils, each designed for different anatomical areas and clinical applications, enabling more accurate and detailed diagnostic imaging.