Portable Magnetic Resonance Imaging (MRI) Market Size, Share and Trends 2026 to 2035

What is the Portable Magnetic Resonance Imaging (MRI) Market Size?

The global portable magnetic resonance imaging (MRI) market size is valued at USD 4.34 billion in 2025 and is predicted to increase from USD 4.58 billion in 2026 to approximately USD 7.35 billion by 2035, expanding at a CAGR of 5.41% from 2026 to 2035.

Portable Magnetic Resonance Imaging (MRI) Market Key Takeaways

• By facility, the global market of portable MRI was led by the hospital segment.
• By application, the neurology segment dominated the worldwide market.
• By region, the global market will be led by North America.

What is Portable Magnetic Resonance Imaging (MRI)?

Portable magnetic resonance imaging (MRI) is the imaging given by an MRI scanner that has portability and mobility. For example, it provides the patients MR imaging on-site and in-time in the Intensive care unit (ICU) where danger is linked to moving patients, after a disaster rescue, in an ambulance, or in a medical tent/ field hospital. Portable magnetic resonance imaging (MRI) is a development that is revolutionary in the field of healthcare. This development opens new possibilities and helps expand the applications where MRI can help in the diagnosis of multiple diseases.

How is AI contributing to the Portable Magnetic Resonance Imaging (MRI) Industry?

Artificial intelligence is a great help to portable magnetic resonance imaging since it is responsible for a number of improvements, such as better image reconstruction, less noise, motion artifact correction, and also clinical interpretation carried out automatically. AI makes scanning quicker, supports super-resolution imaging, and helps doctors make decisions through automated segmentation, disease detection, workflow optimization, exam planning, urgent case prioritization, and preliminary reporting, which in turn enhances the diagnostic confidence across various clinical and remote care settings.

Portable Magnetic Resonance Imaging (MRI) Market Growth Factors

The portable MRI market is expanding due to a variety of applications, more cost-effectiveness than conventional MRI, and rising market player investment. The market is expected to grow in the years to come because of factors like an increase in chronic diseases brought on by a preference for home healthcare, changing lifestyles, and an increase in the population of senior citizens. In addition, one of the major drivers of market expansion is the rising demand for wireless medical devices and wearable electronics. The adoption of portable medical equipment in hospitals and healthcare settings is also being aided by rising consumer awareness of the advantages of portable devices and the growing popularity of smart technologies.

Additionally, the widespread use of portable MRI has encouraged a lot of investments in the sector, which is further anticipated to benefit the market under research. Additionally, the market under study is anticipated to grow as a result of consumer demand for portable MRI equipment with cutting-edge technologies. For example, in December 2022, Ashish Kaul, Frost & Sullivan's healthcare industry analyst stated that "Innovations in MRI imaging device's design, AI integration, and audiovisual systems have improved the image quality, patient experience, and reduced scan time. Additionally, MRI innovation, including material-based products to enhance image quality, coil design for portable systems, and AI for image analysis, will boost care delivery for patients and take center stage during the upcoming 3 years. Further, new AI-based image analysis software that enhances magnetic resonance (MR) image quality and supports clinical decision-making is making the market even more competitive for technology developers."

Market Outlook

• Industry Growth Overview: The market expansion is along the lines of chronic disease prevalence, point-of-care diagnostics demand, and the integration of artificial intelligence capabilities.
• Sustainability Trends: The manufacturers are emphasizing low-field magnets, energy efficiency, circular production practices, and reduced environmental footprint during all the equipment lifecycles.
• Global Expansion: The Asia-Pacific region is the one to conduct rapid adoption, while North America is staying put with its established market. However, the new applications are found in emergency and specialized operational settings.
• Major Investors: The companies have been identified as Siemens Healthineers, GE HealthCare, Philips, Canon Medical Systems, and Hyperfine, who are the major investors and are the ones whose actions determine the technology adoption rate by the healthcare sector.

Market Scope

Market Dynamics

Drivers

Rising government's focus on improving the healthcare infrastructure

A large increase in government spending on public healthcare during the projection period may lead to growth in the market value for portable MRI devices worldwide. The increase in initiatives taken to enhance health-related systems for people, in general, is projected to fuel the rise. Several governments are focused on the improvisation of the healthcare infrastructure in countries to offer advanced healthcare services to citizens. Governments have been working to make high-quality medical care available to everyone. The use of MRI technology is prevalent throughout many medical treatment procedures. For instance, the Indian government promised a more than INR 64,000 crore investment in the health industry over the following five years in November 2021. Such improvements and investments in the healthcare industry are expected to boost the growth of the market during the forecast period.

Restraints

Limitations associated with the resolution in portable MRI devices

In comparison to portable MRI, standard MRI devices are constructed in rooms with specialized equipment and have more modern technologies installed. Even though mobile MRI devices produce effective results, they still lag behind their stationary counterparts in terms of technology. The quality of the images produced by the two MRI methods differs significantly, which could restrict the market cap globally. The resolution in images offered by portable MRI devices.

Opportunities

Ongoing technical research to create prospects for commercial expansion

To improve the results produced by portable MRI, ongoing efforts are made. The scientific community is attempting to resolve the limitations associated with the usage of portable MRI equipment because the technology has broad applications and advantages. Private and public institutions' investments in technical development are anticipated to remove the limitations of mobile MRI devices while expanding and improving the market's potential for expansion. Once the requirement for massive superconducting magnets is gone, the range of potential applications for MRI technology expands dramatically. For instance, low-field systems have been installed in automobiles, and a 64 mT FDA-approved scanner has been used to demonstrate point-of-care and bedside neuroimaging.

The latter is possibly the most effective mobile MRI effort to date. Low-cost, portable equipment with greater mobility would make it possible to use MRI outside of clinical settings, such as in sports facilities, hospice care facilities, tiny clinics, rural areas, and homes. A significant portion of the world's population that currently lacks or has insufficient access to MRI could have access to it because of autonomously powered scanners that could even be used outdoors, such as at sporting events, field hospitals, or NGO and military camps.

Facility Insights

Based on facility, the global market of portable MRI was led by the hospital segment, portable MRI devices can be very useful, especially in hospitals of developing areas. New technologies like the Hyperfine Swoop Portable MRI System can travel safely to a patient's bedside and around the hospital.

Application Insights

Based on application, the neurology segment dominated the worldwide market. With the introduction of portable imaging devices, there is a revolutionary change in emergency neurologic care management. Mobile stroke units are present in most hospitals, which can install a computed tomography scanner in the ambulance. This makes earlier administration of thrombolytics, which is the process of stopping blood clots from forming, easier, and helps the providers in ruling out the presence of hemorrhage when traveling to the hospital. These mobile stroke units collect data which can be used to guide patients later to either a comprehensive stroke center or a primary stroke center depending on whether further diagnostic treatment and work-up is needed. So, there are less hospital stays and faster workup for neurology patients.

Regional Insights

Based on Region, the global portable MRI market will likely be led by North America in the coming years majorly due to the excellent medical infrastructure of the USA, Mexico, and Canada. Previously, North America had a market share of 40.8% and would likely continue the same trend in the following years. The factors attributed to regional growth include an increasing number of cases of chronic diseases like chronic obstructive pulmonary disorder (COPD) and asthma. The countries have a high awareness rate about portable MRI machines and their application which is coupled with the presence of many regional players producing and giving services related to portable MRI machines, therefore fuelling regional growth. Hospitals, research facilities, clinics, and diagnostic centers are all well-equipped with portable MRI scanners since there has been a significant increase in the US FDA approvals for these products.

Kingston Health Sciences Centre and Queen's University had already received the equipment by February 2022 when Hyperfine, a major maker of portable MRI machines, announced its plans to expand in Canada. The products were then put into operation during the following few months. According to the report the corporation produced in 2021, the organization was able to deploy and manage more than 50 units after receiving the required approvals.

The regional growth is also attributed to the investments made by the government in improving medical facilities. The federal government of the United States spent more than USD 1.2 trillion in 2019 to improve its healthcare segment.

How is Asia-Pacific Performing in the Portable Magnetic Resonance Imaging (MRI) Market?

Asia-Pacific has the fastest developing region for portable MRI technology mainly because of the investments made in the healthcare infrastructure, the improved health consciousness, and the need for accessibility. The demand is supported by the low-cost imaging options that are making rural health diagnosis easier and also by the network of hospitals that are being built in diverse population areas.

India Portable Magnetic Resonance Imaging (MRI) Market Trends:

India has a lot of potential due to its focus on local manufacturing and high-tech imaging innovations. The market is getting stronger because of the activities that are being carried out to make diagnostic accessibility better.
What Are the Driving Factors of The Portable Magnetic Resonance Imaging (MRI) Market in Europe?
The market for portable MRI in Europe is a huge plus for the universal healthcare system, as it is an easy and cheap way to make a good diagnosis in hospitals. The major factors contributing to the development of the region are the older population, the desire for comfortable and quick imaging, and the expanding remote diagnostics that are focusing on making the process more accessible and less stressful by integrating advanced imaging technologies.

Germany Portable Magnetic Resonance Imaging (MRI) Market Trends:

Germany is at the forefront of the implementation of portable MRI in Europe due to the excellent healthcare infrastructure and the substantial research activities in this area. The innovators are making compact MRI systems for neonatology that can be easily moved around, thus promoting patient-friendly solutions that are compliant with the highest quality and safety standards in clinic settings.

Portable Magnetic Resonance Imaging (MRI) Market-Value Chain Analysis

• R&D: Development, engineering, and testing of compact MRI systems prioritizing image quality, portability, uniqueness, and clinical performance efficiency.
  Key players: Hyperfine, Siemens Healthineers, GE HealthCare, Philips Healthcare, Canon Medical Systems
• Clinical Trials and Regulatory Approvals: Safety checks and efficacy tests are needed for the certification of laws that allow the commercialization of the product and for the deployment in the healthcare markets.
  Key Players: Siemens Healthineers (AI-enhanced pilots), and Radiosurgery Global (RSG)
• Formulation and Final Dosage Preparation: Not applicable stage, as MRI systems are considered medical devices and not pharmaceutical formulations or compounded therapeutic products.
  Key players: Fujifilm Healthcare, United Imaging, Aspect Imaging, Synaptive Medical
• Distribution to Hospitals, Pharmacies of Portable Magnetic Resonance Imaging (MRI): Logistics coordination that delivers systems to healthcare facilities, making sure of their availability, providing installation support, and giving timely access to the clinic via early patient radiology.
  Key Players: Radiosurgery Global (RSG), PrizMed Imaging, JMP Medical, and Cobalt Health

Top Companies in the Portable Magnetic Resonance Imaging (MRI) Market & Their Offerings:

• Hyperfine Inc.: Introduces Swoop, an ultra-low-field portable MRI system that allows localized imaging of the brain via AI-assisted reconstruction and workflow-software-integrated bedside imaging.
• Voxelgrids Innovations Pvt. Ltd.: Creates compact, mobile, helium-free MRI scanners that are affordable, robust, and suitable for deployment in remote or infrastructure-challenged areas, thus aimed at cost reduction, resiliency, and operating in difficult locations.
• Canon Medical Systems: Provides conventional MRI platforms that not only emphasize high-performance imaging technologies but also offer conventional MRI products rather than solely going for portable MRI product lines.

Portable Magnetic Resonance Imaging (MRI) Market Companies

• Hyperfine Inc.
• Voxelgrids Innovations Pvt. Ltd.
• Canon Medical Systems
• PrizMed Imaging Solution, Inc.
• Cobalt Health
• Siemens Healthineers Ag
• Koninklijke Philips NV
• GE Healthcare
• JMP Medical SP

Segments Covered in the Report

By Facility

• Hospitals
• Diagnostic Centers
• Ambulatory Surgery Centers
• Others

By Application

• Neurology
• Musculoskeletal
• Gastroenterology
• Others

By Geography

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