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Magnetic Resonance Imaging (MRI) Coils Market Size

  • Report ID: GMI6529
  • Published Date: Jul 2024
  • Report Format: PDF

Magnetic Resonance Imaging Coils Market Size

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.
 

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.

Authors: Mariam Faizullabhoy , Pratiksha Kamthe

Frequently Asked Questions (FAQ) :

Magnetic resonance imaging coils industry was valued at USD 8.8 billion in 2023 and will exhibit 7.6% CAGR from 2024 to 2032, attributed to increasing prevalence of chronic diseases and the rising demand for accurate diagnostic imaging.

The neurology segment in the market will garner 7.6% CAGR through 2032, owing to the high prevalence of neurological disorders, such as Alzheimer's, Parkinson's, and multiple sclerosis.

North America magnetic resonance imaging coils industry will record 7.4% CAGR between 2024 and 2032, fueled by the rising prevalence of chronic diseases, and high adoption of cutting-edge medical technologies.

Canon Medical Systems Corporation, Esaote SPA, GE HealthCare Technologies, Inc., Koninklijke Philips N.V., Scanmed, LLC., Siemens Healthineers AG, Magnetica Ltd. (AVINGTRANS PLC), MR Instruments, Inc., Rapid MR international, LLC., and Tesla Engineering Ltd. (Tesla Ltd.), among others.

Magnetic Resonance Imaging Coils Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 10
  • Tables & Figures: 350
  • Countries covered: 30
  • Pages: 235
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