Global MRI Coils Market to 2032

Overview

The Global MRI Coils Market is expected to reach a 455.54 USD Billion by 2032 and is projected to grow at a CAGR of 4.13% from 2025 to 2032.

Revenue, 2024 (USD Billion)
322.22
Forecast, 2032 (USD Billion)
455.54
CAGR, 2024 - 2032
4.13%
Report Coverage
Global

Global MRI Coils Market 2018-2032 USD Billion

Global MRI Coils Market, Key Findings (2025-2032)

Market Growth and Projections:

  • Market Size (2024): 322.22 USD Billion
  • Projected Market Size (2032): 455.54 USD Billion
  • CAGR (2025-2032): 4.13%

Key Findings of Global MRI Coils Market

  • The Global MRI Coils Market was valued at 455.54 USD Billion in 2024.
  • The Global MRI Coils Market is likely to grow at a CAGR of 4.13% during the forecast period of 2024 to 2032.
  • In 2024, the Largest segment Phased-array in Product Type Segment accounted for the largest share of the market with a revenue of 306.06 USD Billion
  • The fastest growing segment Neuroimaging in Application Segment grew Fastest with a CAGR of 5.46% during the forecast period from 2024 to 2032.

Global MRI Coils Market Scope

Global MRI Coils Market Segmentation & Scope
Application
  • Paediatric
  • Others
  • Gastrointestinal
  • Breast
  • Cardiovascular
  • Musculoskeletal
  • Neuroimaging
Type
  • Others
  • Gradient Coils
  • Volume Coils
  • Radiofrequency Coils
  • Surface
Product Type
  • Quadrature
  • Phased-array
End User
  • Others
  • Diagnostic imaging centre
  • Hospital
Distribution Channel
  • Retails Sales
  • Direct Tenders

Global MRI Coils Market Data Coverage Insights

Study Period 2024-2032
Base Year 2020
Unit Revenue in USD Billion
Market Value in 2024 322.22 USD Billion
Market Value in 2032 455.54 USD Billion
CAGR (2025-2032) 4.13%
Historic Data 2016-2023
Market Segments Covered Application,Type,Product Type,End User,Distribution Channel

Regional Insights:

  • Leading Market (2024-2032): Global, leading in terms of revenue 322.22 USD Billion in 2024
    • Key Country: U.S., leading in terms of revenue with value of 107.89 USD Billion in 2024.

Segments and Scope

  • Global MRI Coils Market to 2032, By Application
    • Neuroimaging is the largest segment in Global MRI Coils Market to 2032 with a revenue of 84.34 USD Billion in the year 2024.
    • Neuroimaging is the Fastest growing segment in Global MRI Coils Market to 2032 with a Growth rate of 5.46 % in forecast period 2025-2032.
  • Global MRI Coils Market to 2032, By Type
    • Surface is the largest segment in Global MRI Coils Market to 2032 with a revenue of 130.50 USD Billion in the year 2024.
    • Surface is the Fastest growing segment in Global MRI Coils Market to 2032 with a Growth rate of 4.65 % in forecast period 2025-2032.
  • Global MRI Coils Market to 2032, By Product Type
    • Phased-array is the largest segment in Global MRI Coils Market to 2032 with a revenue of 306.06 USD Billion in the year 2024.
    • Phased-array is the Fastest growing segment in Global MRI Coils Market to 2032 with a Growth rate of 4.19 % in forecast period 2025-2032.
  • Global MRI Coils Market to 2032, By End User
    • Hospital is the largest segment in Global MRI Coils Market to 2032 with a revenue of 226.94 USD Billion in the year 2024.
    • Hospital is the Fastest growing segment in Global MRI Coils Market to 2032 with a Growth rate of 4.27 % in forecast period 2025-2032.
  • Global MRI Coils Market to 2032, By Distribution Channel
    • Direct Tenders is the largest segment in Global MRI Coils Market to 2032 with a revenue of 243.61 USD Billion in the year 2024.
    • Direct Tenders is the Fastest growing segment in Global MRI Coils Market to 2032 with a Growth rate of 4.30 % in forecast period 2025-2032.

Global MRI Coils Market Company Share Analysis

 
Company Name Company Share Analysis
Koninklijke Philips N.V.
Bruker
CANON MEDICAL SYSTEMS CORPORATION
General Electric
Hitachi, Ltd.
Global MRI Coils Market Company Share Analysis

Global MRI Coils Market Geographical Sales Distribution, 2018-2032 USD Billion

Global MRI Coils Market Geographical Sales Distribution, 2018-2032 USD Billion

Global MRI Coils Market Company Profiling

Global MRI Coils Market Company Profiling
Frequently Asked Questions
The Global MRI Coils Market is segmented based on Segmentation Application,Type,Product Type,End User,Distribution Channel.
Global MRI Coils Market was valued at USD 322.22(Revenue in USD Billion) in 2020.
Global MRI Coils Market is projected to grow at a CAGR of 4.13% during the forecast period of 2024 to 2032.
The Phased-array segment is expected to dominate the Global MRI Coils Market, holding a largest market share of 306.06 USD Billion in 2024

Global MRI Coils Market Scope

Global MRI Coils Market Segmentation & Scope
Application
  • Paediatric
  • Others
  • Gastrointestinal
  • Breast
  • Cardiovascular
  • Musculoskeletal
  • Neuroimaging
Type
  • Others
  • Gradient Coils
  • Volume Coils
  • Radiofrequency Coils
  • Surface
Product Type
  • Quadrature
  • Phased-array
End User
  • Others
  • Diagnostic imaging centre
  • Hospital
Distribution Channel
  • Retails Sales
  • Direct Tenders
Frequently Asked Questions
The Global MRI Coils Market is segmented based on Segmentation Application,Type,Product Type,End User,Distribution Channel.
Global MRI Coils Market was valued at USD 322.22(Revenue in USD Billion) in 2020.
Global MRI Coils Market is projected to grow at a CAGR of 4.13% during the forecast period of 2024 to 2032.
The estimated market value of the Global MRI Coils Market for final year is USD 455.54 (USD Billion).

Global MRI Coils Market Company Profiling

Global MRI Coils Market Company Profiling
Frequently Asked Questions
The Global MRI Coils Market is segmented based on Segmentation Application,Type,Product Type,End User,Distribution Channel.
Global MRI Coils Market was valued at USD 322.22(Revenue in USD Billion) in 2020.
Global MRI Coils Market is projected to grow at a CAGR of 4.13% during the forecast period of 2024 to 2032.
The estimated market value of the Global MRI Coils Market for final year is USD 455.54 (USD Billion).

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