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The global magnetic resonance imaging systems industry was valued at USD 6.5 billion in 2024 and is projected to grow at a 6.2% CAGR from 2025 to 2034, driven by the increasing adoption of advanced diagnostic imaging technologies.
The closed MRI systems segment is expected to grow at a 6.2% CAGR during the forecast period due to its fully encapsulated design, which enhances image quality, reduces external interference, and minimizes motion artifacts, making it ideal for accurate diagnostics.
The U.S. magnetic resonance imaging systems market is projected to reach USD 4 billion by 2034, fueled by significant investments in state-of-the-art diagnostic equipment and continuous technological upgrades in healthcare facilities.
Key players in the market include Aurora Imaging Technologies, Esaote, Fonar, FUJIFILM, GE HealthCare Technologies, Koninklijke Philips, Neusoft Medical Systems, Sanrad Medical Systems, and Siemens Healthineers.