South America MRI Coils Market to 2032

Overview

The South America MRI Coils Market is expected to reach a 19.68 USD Billion by 2032 and is projected to grow at a CAGR of 5.16% from 2025 to 2032.

Revenue, 2024 (USD Billion)
14.89
Forecast, 2032 (USD Billion)
19.68
CAGR, 2024 - 2032
5.16%
Report Coverage
South America

South America MRI Coils Market 2018-2032 USD Billion

South America MRI Coils Market, Key Findings (2025-2032)

Market Growth and Projections:

  • Market Size (2024): 14.89 USD Billion
  • Projected Market Size (2032): 19.68 USD Billion
  • CAGR (2025-2032): 5.16%

Key Findings of South America MRI Coils Market

  • The South America MRI Coils Market was valued at 14.89 USD Billion in 2024.
  • The South America MRI Coils Market is likely to grow at a CAGR of 5.16% 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 14.15 USD Billion
  • The fastest growing segment Neuroimaging in Application Segment grew Fastest with a CAGR of 7.42% during the forecast period from 2024 to 2032.

South America MRI Coils Market Scope

South America 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

South America MRI Coils Market Data Coverage Insights

Study Period 2024-2032
Base Year 2020
Unit Revenue in USD Billion
Market Value in 2024 14.89 USD Billion
Market Value in 2032 19.68 USD Billion
CAGR (2025-2032) 5.16%
Historic Data 2016-2023
Market Segments Covered Application,Type,Product Type,End User,Distribution Channel

Regional Insights:

  • Leading Market (2024-2032): South America, leading in terms of revenue 14.89 USD Billion in 2024
    • Key Country: Brazil, leading in terms of revenue with value of 9.22 USD Billion in 2024.

Segments and Scope

  • South America MRI Coils Market to 2032, By Application
    • Neuroimaging is the largest segment in South America MRI Coils Market to 2032 with a revenue of 3.84 USD Billion in the year 2024.
    • Neuroimaging is the Fastest growing segment in South America MRI Coils Market to 2032 with a Growth rate of 7.42 % in forecast period 2025-2032.
  • South America MRI Coils Market to 2032, By Type
    • Surface is the largest segment in South America MRI Coils Market to 2032 with a revenue of 5.82 USD Billion in the year 2024.
    • Surface is the Fastest growing segment in South America MRI Coils Market to 2032 with a Growth rate of 6.02 % in forecast period 2025-2032.
  • South America MRI Coils Market to 2032, By Product Type
    • Phased-array is the largest segment in South America MRI Coils Market to 2032 with a revenue of 14.15 USD Billion in the year 2024.
    • Phased-array is the Fastest growing segment in South America MRI Coils Market to 2032 with a Growth rate of 5.25 % in forecast period 2025-2032.
  • South America MRI Coils Market to 2032, By End User
    • Hospital is the largest segment in South America MRI Coils Market to 2032 with a revenue of 10.92 USD Billion in the year 2024.
    • Hospital is the Fastest growing segment in South America MRI Coils Market to 2032 with a Growth rate of 5.36 % in forecast period 2025-2032.
  • South America MRI Coils Market to 2032, By Distribution Channel
    • Direct Tenders is the largest segment in South America MRI Coils Market to 2032 with a revenue of 11.46 USD Billion in the year 2024.
    • Direct Tenders is the Fastest growing segment in South America MRI Coils Market to 2032 with a Growth rate of 5.41 % in forecast period 2025-2032.

South America MRI Coils Market Company Share Analysis

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

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

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

South America MRI Coils Market Company Profiling

South America MRI Coils Market Company Profiling
Frequently Asked Questions
The South America MRI Coils Market is segmented based on Segmentation Application,Type,Product Type,End User,Distribution Channel.
South America MRI Coils Market was valued at USD 14.89(Revenue in USD Billion) in 2020.
South America MRI Coils Market is projected to grow at a CAGR of 5.16% during the forecast period of 2024 to 2032.
The Phased-array segment is expected to dominate the South America MRI Coils Market, holding a largest market share of 14.15 USD Billion in 2024

South America MRI Coils Market Scope

South America 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 South America MRI Coils Market is segmented based on Segmentation Application,Type,Product Type,End User,Distribution Channel.
South America MRI Coils Market was valued at USD 14.89(Revenue in USD Billion) in 2020.
South America MRI Coils Market is projected to grow at a CAGR of 5.16% during the forecast period of 2024 to 2032.
The estimated market value of the South America MRI Coils Market for final year is USD 19.68 (USD Billion).

South America MRI Coils Market Company Profiling

South America MRI Coils Market Company Profiling
Frequently Asked Questions
The South America MRI Coils Market is segmented based on Segmentation Application,Type,Product Type,End User,Distribution Channel.
South America MRI Coils Market was valued at USD 14.89(Revenue in USD Billion) in 2020.
South America MRI Coils Market is projected to grow at a CAGR of 5.16% during the forecast period of 2024 to 2032.
The estimated market value of the South America MRI Coils Market for final year is USD 19.68 (USD Billion).

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