MRI Coils Market Size, Share and Trends 2025 to 2034

Revenue, 2024

USD 9.58 Bn

Forecast Year, 2034

USD 22.08 Bn

CAGR, 2025 - 2034

8.71%

Report Coverage

Global

What is MRI Coils Market Size?

The global MRI coils market size is calculated at USD 10.41 billion in 2025 and is predicted to reach around USD 22.08 billion by 2034, expanding at a CAGR of 8.71% from 2025 to 2034. Rising demand for diagnostic imaging procedures is the key factor driving market growth. Also, the increasing incidence of chronic disease coupled with technological advancements in imaging techniques can fuel market growth further.

Market Highlights

• North America dominated the global MRI coils market with the largest share of 34% in 2024.
• Asia Pacific is expected to grow at the fastest CAGR of 9.04% over the studied period.
• By coil type, the radiofrequency coil segment has held a major market share of 61% in 2024.
• By coil type, the gradient coil segment is expected to grow at the fastest rate over the forecast period.
• By application, the neurology segment contributed the highest market share of 24% in 2024.
• By end use, the hospital segment dominated the market by holding the largest share in 2024.
• By end use, the ambulatory care centers segment is anticipated to grow at the fastest rate during the projected period.

Market Overview

Magnetic resonance imaging (MRI) is an imaging technique that utilizes radio waves, magnetic fields, and a computer to generate keen and detailed images of the living body. It enables doctors to look at cartilage, joints, tendons, and muscles. It can also help them to detect sports injuries. MRI can diagnose diseases like tumors, strokes, and spinal cord injuries. The current trend in the MRI coils market includes lightweight MRI coils for enhanced mobility and patient comfort. Many types of MRI coils function together, such as shim coils, gradient coils, and radiofrequency (RF) coils.

The Role of Artificial Intelligence (AI) in MRI Technology

Artificial Intelligence algorithms, especially deep learning (DL) and machine learning (ML), are revolutionizing the MRI coils market by automating and improving various processes. Algorithms can process large amounts of data more rapidly, offering key insights that seemed unattainable before. Furthermore, AI improves image acquisition, enhancing the speed and quality of Magnetic Resonance Imaging scans. AI-driven algorithms can also identify and distinguish tumors with greater accuracy.

• In May 2024, United Imaging Healthcare installed its innovative AI-driven MR 670 MRI system at the Ant?ja Clinic in Klaip?da. The innovative diagnostic equipment installed in the clinic is the uMR 670, a state-of-the-art 1.5 T wide gantry scanner that provides efficient, reliable, and comfortable MRI examinations.

MRI Coils Market Growth Factors

• Governments are heavily investing in healthcare infrastructure to enhance access, which can boost the MRI coils market growth soon.
• The increasing demand for specialized coils for specific anatomical regions can propel market growth shortly.
• Personalization and customization of coils to fulfill specific clinical demands will likely contribute to the market expansion further.

MRI Coils Market Outlook

• Industry Growth Overview: The MRI coils market is poised for strong growth from 2025 to 2034, driven by the rising global prevalence of chronic diseases and an aging population. The rising demand for advanced radiofrequency (RF) and phased-array coils to enhance image quality and speed is also driving market growth.
• Technological Advancements: Technological advancements are driving the market by enabling higher-resolution imaging, faster scan times, and improved diagnostic accuracy. Innovations such as lightweight materials, flexible coil designs, and AI-driven imaging enhancements are boosting clinical efficiency and patient comfort. As healthcare providers seek more precise and patient-friendly solutions, demand for advanced MRI coils continues to rise.
• Global Expansion: The market is expanding worldwide as healthcare systems adopt advanced imaging technologies to improve diagnostic accuracy and patient outcomes. Emerging regions, particularly in Asia-Pacific and Latin America, offer significant opportunities driven by rising healthcare investments, growing patient populations, and increasing demand for advanced medical imaging solutions.
• Major Investors: Major investors in the market include leading medical device manufacturers such as GE Healthcare, Siemens Healthineers, and Philips Healthcare, which drive innovation and the production of high-quality MRI coils. These companies contribute to the market by investing in research and development to enhance coil technology, improve image resolution and patient comfort, and expand their market presence through strategic partnerships and acquisitions.
• Startup Ecosystem: Startups are innovating in niche areas such as custom, flexible, and lightweight coils for improved patient comfort and specialized applications. They are also developing AI-driven imaging technologies for image enhancement and faster reconstruction.

Market Scope

Market Dynamics

Drivers

Increasing incidence of spinal injuries

The growing incidence of spinal injuries has contributed to the medical industry's concerns. Hence, medical professionals and doctors are focusing on the requirement for diagnostic facility enhancements. Sports persons are particularly prone to spinal injuries and associated disorders. In addition, there has been a surge in road traffic accidents recently due to growing population densities in smaller areas, leading to more injuries.

• In November 2023, Royal Philips, a global leader in health technology, launched three new fit-for-purpose MR Smart Fit coils at #RSNA23. RF coils are an essential part of every MRI scan. The new ultra-lightweight coils provide exceptional flexibility, a significant reduction in patient setup time, and optimization with Philips' SmartSpeed AI solution.

Restraint

Side effects

The high cost of MRI coils and tonometer devices, along with the low adoption rate in developing and underdeveloped economies, are the key factors hindering the MRI coils market growth. Moreover, the side effects related to MRI diagnoses, such as nausea, headache, and pain at the site of the injection, can lessen its utilization for diagnostic purposes. The long-term side effects associated with MRI include kidney injury and fatal brain damage.

Opportunity

The large availability of custom MRI coils

In the medical industry, custom MRI coils play a significant role in improving diagnostic precision via enhanced image quality. Hence, MRI coils market players are focusing on the production of personalized MRI coils using innovative technologies like 3D printing and computer-aided design (CAD) to cater to patient needs. Furthermore, researchers are focusing more on medical trials on custom RF coils to make advancements in healthcare research.

• In August 2023, Siemens Healthineers announced the Food and Drug Administration (FDA) clearance of the MAGNETOM Viato. Mobile, a new 1.5 Tesla (1.5T) magnetic resonance (MR) imaging scanner optimized for mobile use to provide greater flexibility in deploying MR imaging. Designed to be installed in a trailer for easy transportation to offsite locations.

Segment Insights

Coil Type Insights

The radiofrequency coil segment dominated the global MRI coil market in 2024. The dominance of the segment can be attributed to the increasing requirement for high-resolution and precise images in healthcare settings. These coils are also being utilized to send and receive signals during MRI scans, which is a key element of the imaging process. In addition, these coils possess better signal-to-noise ratios (SNRs), which in turn results in rapid scan times and greater image quality.

• In March 2024, Fujifilm India launched its latest Echelon Synergy MRI Machine at its Computed Tomography & MRI User organized by the company. The platform is an industry meeting exploring the future of computed tomography (CT) and magnetic resonance imaging (MRI) technologies. The machine has a 70 cm wide bore and 62 cm wide table along with the addition of Blanket RF Technology.

The gradient coil segment is expected to grow at the fastest rate over the forecast period. The increase in this segment can be attributed to the growing significance of these coils in physiological techniques such as diffusion, angiography, and perfusion imaging. Additionally, gradient coils encode spatial information in MRI signals, which are important for generating high-quality images. These coils also predictably modulate the magnetic field.

Application Insights

The neurology segment led the MRI coils market in 2024 and will expand further over the forecast period. The dominance and growth of the segment can be linked to the ongoing innovations in imaging technology like CT and MRI scans. Which enables more accurate and reliable diagnoses of neurological disorders such as stroke, brain tumors, epilepsy, and other conditions. Moreover, the surging conditions, including Parkinson's and Alzheimer's among the elderly population.

• In March 2024, Philips and Synthetic MR embarked on a collaboration to enhance the diagnosis of neurological disorders using advanced quantitative brain imaging tools. This partnership aims to revolutionize the detection and analysis of conditions such as multiple sclerosis, traumatic brain injuries, and dementia.

End Use Insights

• In 2024, the hospital segment dominated the MRI coils market by holding the largest share. The dominance of the segment can be driven by the extensive availability of hospitals for pre-care along with favorable reimbursement policies in many emerging economies. Furthermore, increasing government and company investments in MRI coils and MRI systems are propelling the growth of the segment during the forecast period.

The ambulatory care centers segment is anticipated to grow at the fastest rate during the projected period. The growth of the segment is due to the surge in the number of individuals requiring diagnostics and a growing inclination towards same-day surgery. Additionally, ambulatory care centers can offer more comfort and privacy as they allow to choose their preferred provider and setting, reducing overall cost and wait times.

Regional Insights

U.S. MRI Coils Market Size and Growth 2025 to 2034

The U.S. MRI coils market size is exhibited at USD 2.65 billion in 2025 and is projected to be worth around USD 5.75 billion by 2034, growing at a CAGR of 8.95% from 2025 to 2034.

U.S. MRI Coils Market Trends

The U.S. leads the MRI coils market in North America due to its well-developed healthcare system, advanced technology, and significant investment in R&D. The country holds the largest market share globally, driven by a high rate of chronic illnesses, a sizable aging population, and key industry leaders such as GE HealthCare and Siemens Healthineers. The U.S. market is marked by ongoing innovation in coil design and favorable reimbursement policies for accurate diagnostics.

North America dominated the global MRI coils market in 2024. The dominance of the segment can be attributed to the technological innovations in the MRI sector, which have facilitated the adoption of more rapid and powerful machines that create high-resolution images. Furthermore, in North America, the U.S. led the market owing to the increasing incidence of chronic diseases, which has led to the rising need for imaging services. Also, healthcare infrastructure in the U.S. is heavily investing in innovative imaging technologies that positively impact market growth.

• In March 2023, GE Healthcare announced the FDA clearance of its SIGNA Hero MRI system, which features AI-powered technologies to enhance image quality and reduce scan times.

What Makes Asia Pacific the Fastest-Growing Region in the Market?

Asia Pacific is expected to grow at the fastest rate in the MRI coils market over the studied period. The growth of the region can be credited to the increasing awareness regarding cardiovascular and cancer diseases which has optimized the adoption of imaging studies. Moreover, in Asia Pacific, China dominated the market due to ongoing developments in the clinical framework of emerging countries such as China and India. The region also boasts an extensive number of major market players.

India MRI Coils Market Trends

In India, the market is expanding rapidly, fueled by increasing healthcare spending, a growing burden of chronic diseases, and strong government efforts to promote domestic manufacturing. While the infrastructure and skilled workforce are still developing, initiatives like Make in India and collaborations between institutions such as AIIMS and SAMEER aim to develop affordable, indigenously made MRI scanners and coils to decrease reliance on imports.

How is the Opportunistic Rise of Europe in the MRI Coils Market?

Europe is expected to experience notable growth in the global market, fueled by an aging population and a strong emphasis on early disease detection and personalized medicine. Strict EU regulations maintain high standards for product safety and effectiveness. The market is driven by major international medical technology companies that are heavily investing in R&D for advanced, ultra-high-field, and lightweight coils. Key trends include the integration of AI for improved imaging and a focus on ergonomic, patient-friendly coil designs.

Germany MRI Coils Market Trends

Germany holds a large share of the European MRI coils market, supported by a top-tier healthcare system, advanced medical research, and widespread adoption of cutting-edge diagnostic technologies. The country emphasizes high-quality, reliable, and innovative coils that meet strict German quality standards. The market benefits from a large installed base of MRI scanners and ongoing modernization efforts in hospitals and clinics. The focus is on precision diagnostics, fueling demand for specialized coils used in neurology, cardiology, and musculoskeletal imaging.

How Big is the Role of Latin America in the MRI Coils Market?

Latin America is emerging as a key force in the global market, driven by rising healthcare spending, modernization of medical infrastructure, and an increase in chronic diseases that require detailed imaging. Although the market is smaller than those in North America and Europe, there is considerable growth potential as more hospitals and clinics acquire advanced MRI systems. Demand mainly focuses on general-purpose coils, but awareness and adoption of specialized, higher-channel coils are growing in major urban centers, supported by international medical equipment suppliers.

Brazil MRI Coils Market Trends

Brazil leads the Latin American market, driven by its extensive public and private healthcare systems and a large patient base. There is a strong focus on replacing older equipment and acquiring new high-field MRI scanners. The rising rates of neurological and cardiovascular conditions increase the demand for high-resolution imaging, boosting the need for specialized and patient-specific coils. Local regulations and import duties impact market trends, but a growing emphasis on improving diagnostic accuracy remains a major driver.

What Opportunities Exist in the Middle East and Africa for the MRI Coils Market?

The Middle East and Africa (MEA) region presents significant opportunities for the market, driven by considerable government investments in healthcare infrastructure, especially in the Gulf states, and the demand for advanced diagnostic tools to combat the increasing burden of lifestyle diseases and cancer. The market shows strong growth potential due to rising medical tourism and the development of top-tier medical facilities. There is growing demand for a wide range of coils, from standard designs for general-purpose scanning to high-end, multi-channel coils for detailed anatomical imaging in specialized centers.

UAE MRI Coils Market Trends

The UAE is a key player in the MEA MRI coils market, benefiting from high healthcare standards, substantial per capita healthcare spending, and a strategic focus on medical tourism. The market is driven by strong demand for advanced MRI technology and premium coils that deliver superior imaging and faster scan times. The government's focus on healthcare innovation attracts global medical equipment manufacturers and encourages a competitive environment where quality and innovation are prioritized.

Value Chain Analysis

• Research and Development (R&D)
  This focuses on developing new coil designs, materials, and AI integration to enhance image quality and patient comfort.
  Key Players: GE HealthCare, Siemens Healthineers AG, Koninklijke Philips N.V., and Hitachi, Ltd.
• Clinical Trials and Regulatory Approval
  Involves rigorous testing to ensure coil safety, performance, and compatibility before receiving market clearance from regulatory bodies.
  Key Players: Siemens, GE Healthcare, Philips, Canon Medical, FDA, and the EMA.
• Manufacturing and Production
  Focuses on the large-scale, high-quality production of various MRI coils in compliance with international standards.
  Key Players: GE HealthCare, Siemens Healthineers AG, Koninklijke Philips N.V., ScanMed, and Rapid MR International.
• Distribution and Supply Chain Management
  Ensures efficient delivery of coils to hospitals and imaging centers through direct sales, third-party distributors, and independent service operators (ISOs) for refurbished parts.
  Key Players: GE HealthCare, Philips, Siemens Healthineers, DirectMed Parts & Service, LBN Medical, and Block Imaging.
• Service Delivery and Post-Sales Support
  This covers the installation, maintenance, and support of coils in healthcare facilities to ensure optimal performance.
  Key Players: GE HealthCare, Siemens Healthineers, and Philips.

Top Companies in the MRI Coils Market & Their Offerings

• Siemens Healthineers AG: A diverse range of high-channel count RF coils for various field strengths, often integrated with helium-free magnet designs.
• GE HealthCare: A comprehensive range of coils, including 48-channel body arrays and specialized pediatric and adult coils, frequently integrated with Freelium systems.
• Koninklijke Philips N.V.: Patient-centric MR Smart Fit coils that are lightweight and flexible, designed to improve comfort and reduce setup time, using SENSE technology for high-resolution imaging.
• Canon Medical Systems Corporation: Offers a selection of coils for its MRI platforms, emphasizing high image clarity and workflow optimization, with options supporting both structural and functional imaging.
• Esaote SpA: A complete set of dedicated, high-sensitivity RF coils, particularly for musculoskeletal imaging, used with its compact and open MRI systems.

Other Major Players

• MR INSTRUMENTS, INC.
• RAPID MR INTERNATIONAL, LLC.
• SCANMED, LLC.
• BRUKER

Latest Announcement by Market Leaders

• In January 2025, Sutter Health and GE HealthCare announced a seven-year strategic enterprise partnership, known as a Care Alliance, that aims to increase access to innovative imaging services and create a more seamless and coordinated experience for clinicians and patients across the Sutter Health system. The long-term collaboration will increase access to essential diagnostic care across California.
• In May 2024, Siemens Healthineers announced a new facility in North Oxfordshire that will design and manufacture superconducting magnets used in healthcare facilities globally for MRI patient scans. With an investment of £250 million (USD 314 million), the site will be home to novel technology that minimizes the use of helium, making scanners lighter, easier to install, and more sustainable.

Segments Covered in the Report

By Coil Type

• Radiofrequency coil
• Gradient Coil

By Application

• Neurology
• Cardiovascular
• Spine and musculoskeletal
• Pediatric
• Breast
• Abdominal
• Other applications

By End-Use

• Hospitals
• Diagnostic imaging centers
• Ambulatory surgical centers
• Other

By Region

• North America
• Asia Pacific
• Europe
• Latin America
• Middle East and Africa