Dublin, Aug. 07, 2026 (GLOBE NEWSWIRE) — The “MRI Systems Market by Architecture, Design, Field Strength, Application, End User, and Procedure Volume – Global Forecast to 2031” has been added to ResearchAndMarkets.com’s offering.
The global MRI systems market is projected to grow from USD 6.88 billion in 2026 to USD 9.68 billion by 2031, registering a compound annual growth rate of 7.0% during the forecast period. Market expansion is being supported by rising demand for diagnostic imaging, technological advances in magnetic resonance imaging, and the increasing prevalence of neurological disorders, musculoskeletal conditions, cardiovascular diseases, and cancer.
Helium-free and helium-light MRI systems are emerging as major growth opportunities across the market. Conventional superconducting MRI systems can require more than 1,000 liters of helium, exposing healthcare providers to supply disruptions, higher maintenance expenses, and volatile pricing. Recent global helium shortages have contributed to price increases of up to 250%, creating significant operational challenges for hospitals, diagnostic imaging centers, and outpatient facilities.
Leading MRI manufacturers, including Koninklijke Philips N.V., Siemens Healthineers, and Shanghai United Imaging Healthcare Co., Ltd., have introduced systems that use substantially less helium or feature sealed magnet technology. These innovations can reduce total cost of ownership, limit exposure to helium supply instability, and support healthcare organizations’ sustainability and decarbonization objectives.
High and Very High Field MRI Systems Led the Market in 2025
By field strength, the high and very high field segment accounted for the largest share of the MRI systems market in 2025. Systems operating at 1.5T and 3T remain widely adopted because of their high signal-to-noise ratio, detailed image quality, shorter acquisition times, and broad clinical utility.
High-field MRI systems are extensively used in brain, neurological, musculoskeletal, vascular, and cardiovascular imaging. They also support specialized applications in psychiatry, biomedical research, and the early identification of conditions such as multiple sclerosis. Integration with complementary modalities, including PET and ultrasound, is further improving clinical workflows, image resolution, and operational throughput.
Closed and Fixed MRI Systems Retained the Largest Market Shares
Closed MRI systems represented the largest architecture segment in 2025. Their higher magnetic field strengths support detailed imaging, faster examinations, and advanced techniques such as functional MRI, diffusion-weighted imaging, and cardiac MRI. Reduced scan times can also limit motion artifacts and improve patient throughput, making closed systems particularly suitable for high-volume hospitals and diagnostic centers.
By design, fixed or stationary MRI systems accounted for the largest market share in 2025. Their continued dominance reflects superior image quality, full-body imaging capabilities, efficient clinical workflows, and long-term value for facilities with sustained imaging demand. Portable MRI systems are gaining attention in targeted care environments, but fixed installations remain the preferred option for comprehensive diagnostic imaging.
Brain and Neurological MRI Is Expected to Register the Fastest Growth
The brain and neurological MRI segment is forecast to record the highest growth rate during the forecast period. Expansion is being driven by the rising incidence of neurological diseases, increasing demand for early diagnosis, and the integration of artificial intelligence into imaging workflows. AI-enabled technologies can support image acquisition, reconstruction, organ targeting, workflow optimization, and real-time clinical decision-making.
Other major MRI applications covered by the market include spine and musculoskeletal imaging, pelvic and abdominal imaging, vascular MRI, breast MRI, cardiac MRI, and pediatric MRI. The expanding use of advanced imaging protocols across these applications is expected to create additional opportunities for manufacturers and healthcare providers.
Hospitals Accounted for the Largest End-User Share
Hospitals held the largest share of the global MRI systems market in 2025. Growth within this segment is supported by increasing imaging volumes, demand for rapid and accurate diagnoses, and continued investment in advanced systems with improved patient-care features.
Large government hospitals with dedicated imaging departments have been early adopters of advanced MRI platforms, while private hospitals are increasing investments in modern diagnostic technologies. Product launches, workflow modernization, and greater awareness of early disease detection are also contributing to MRI system installations across hospital networks.
Asia Pacific Is Forecast to Record the Highest Regional Growth Rate
The MRI systems market covers North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. Asia Pacific is expected to register the highest growth rate, supported by expanding healthcare infrastructure, rising local demand, competitive manufacturing costs, and the presence of established MRI system manufacturers.
Healthcare institutions facing capital constraints and tariff-related cost pressures are increasingly evaluating competitively priced systems from Chinese manufacturers. The region also benefits from scalable production capacity, lower labor costs, and access to manufacturing resources, strengthening its position within the global MRI systems industry.
Competitive Landscape
Key companies profiled in the MRI systems market include:
- Siemens Healthineers
- GE HealthCare
- Koninklijke Philips N.V.
- FUJIFILM Corporation
- Canon Inc.
- Fonar Corporation
- Esaote S.p.A.
- Shanghai United Imaging Healthcare Co., Ltd.
- Aspect Imaging Ltd.
- Time Medical Holding
Research Coverage
The report analyzes the MRI systems market by field strength, architecture, design, application, end user, and region. It evaluates revenue opportunities across market segments and micro-markets while examining the competitive positions of major companies and small and medium-sized enterprises.
Key Attributes
| Report Attribute | Details |
| No. of Pages | 241 |
| Forecast Period | 2026 – 2031 |
| Estimated Market Value (USD) in 2026 | $6.88 Billion |
| Forecasted Market Value (USD) by 2031 | $9.68 Billion |
| Compound Annual Growth Rate | 7.0% |
| Regions Covered | Global |
Companies Featured
- Siemens Healthineers
- Koninklijke Philips N.V.
- GE Healthcare
- Canon Medical System
- Fujifilm Corporation
- Fonar Corporation
- Esaote S.P.A
- Shanghai United Imaging Healthcare Co. Ltd.
- Aspect Imaging Ltd.
- Time Medical Holding
- Neusoft Medical Systems Co. Ltd.
- Sternmed GmbH
- Hyperfine, Inc.
- Shenzhen Basda Medical Apparatus Co. Ltd.
- Shenzhen Anke High-Tech. Ltd.
- Magnetica Ltd.
- Aurora Healthcare US Corp
- Innervision MRI Ltd.
- Beijing Wandong Medical Technology Co. Ltd.
- Medonica Co. Ltd.
- Neoscan Solutions GmbH
- Kangda Intercontinental Medical Equipment Co. Ltd.
- Minfound Medical Systems Co. Ltd.
- Synaptive Medical
- Xingaoyi Medical Equipment Co. Ltd.
For more information about this report visit https://www.researchandmarkets.com/r/r1z03o
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