Press Release

Magnetic Resonance Imaging Coils Market to Grow with a CAGR of 8.36% through 2030

Technological advancements in MRI systems and growing investments in healthcare infrastructure, is expected to drive the Global Magnetic Resonance Imaging Coils Market growth in the forecast period, 2026-2030

 

According to TechSci Research report, “Magnetic Resonance Imaging Coils Market – Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2030F”, the Global Magnetic Resonance Imaging Coils Market stood at USD 9.14 Billion in 2024 and is expected to reach USD 14.82 Billion by 2030 with a CAGR of 8.36% during the forecast period. The Global Magnetic Resonance Imaging (MRI) Coils Market is evolving due to rising awareness about early disease detection and increasing emphasis on precision diagnostics. The expanding use of MRI in musculoskeletal, abdominal, and breast imaging is prompting the demand for specialized coils that offer enhanced anatomical coverage and signal-to-noise ratio. Healthcare systems are upgrading diagnostic imaging capabilities to accommodate larger patient volumes and improve diagnostic workflows, creating consistent demand for efficient coil solutions. Expansion of private diagnostic imaging chains and modernization of public healthcare systems are also encouraging procurement of high-performance MRI coils globally.

Miniaturization of electronic components and adoption of wireless technology are influencing the next generation of MRI coils. Manufacturers are investing in designing coils that are lighter, more ergonomic, and easier to position on patients, leading to faster setup times and better patient throughput. Sustainability and reusability are becoming key design considerations, prompting interest in recyclable materials and durable coil architecture. Cloud-based software integration for real-time diagnostics and compatibility with portable MRI systems are also gaining momentum, especially for use in emergency settings, remote care, and mobile clinics.

The market holds significant growth opportunities driven by the expansion of MRI services into underserved regions and emerging economies. Rising investments from governments and private sector entities in diagnostic imaging infrastructure are paving the way for increased adoption of cost-effective and efficient coil solutions. The development of specialized coils for functional MRI, intraoperative MRI, and veterinary applications presents untapped potential. Collaborations between academic institutions and medical device companies are fostering innovation in coil design and signal processing. As value-based healthcare gains prominence, demand for advanced coils that improve imaging accuracy and patient outcomes is expected to grow, opening new avenues for both established players and new entrants.

 

Browse over XX market data Figures spread through XX Pages and an in-depth TOC on "Global Magnetic Resonance Imaging Coils Market

 

The Global Magnetic Resonance Imaging Coils Market is segmented into type, application, end user, regional distribution, and company.

Based on the Application, Spine and Musculoskeletal emerged as the fastest growing segment in the Global Magnetic Resonance Imaging Coils Market during the forecast period. This is driven by the rising incidence of orthopedic injuries, degenerative spinal conditions, and sports-related trauma. With an aging global population, conditions such as osteoarthritis, herniated discs, spinal stenosis, and musculoskeletal disorders are becoming increasingly prevalent, necessitating precise and detailed diagnostic imaging. MRI is the preferred modality for soft tissue evaluation, cartilage assessment, and spinal cord visualization, and the use of specialized coils significantly enhances image quality and diagnostic confidence. The growing demand for non-invasive imaging in orthopedic and spine surgeries has further boosted the adoption of dedicated spine and musculoskeletal coils. These coils are designed to provide high-resolution imaging of joints, ligaments, and vertebral structures, supporting accurate diagnosis and pre-surgical planning.

Based on the Region, Asia-Pacific emerged as the fastest growing region in the Global Magnetic Resonance Imaging Coils Market during the forecast period. This is due to the increasing focus on digital health transformation and the integration of advanced imaging technologies into clinical practice. Countries like Japan and South Korea are leading the adoption of AI-enhanced imaging solutions, including smart coils capable of producing faster and higher-resolution scans. These technological advancements are being supported by collaborations between academic institutions, research bodies, and medical device companies, leading to innovation and localization of production. Moreover, the rising prevalence of lifestyle-related and age-associated diseases, including cancer and neurological disorders, is escalating the demand for advanced MRI diagnostics, which depend on high-quality coils. Educational initiatives and training programs aimed at improving radiology capabilities are also contributing to the growing usage of advanced MRI technologies in the region.

 

Major companies operating in Global Magnetic Resonance Imaging Coils Market are:

  • GE Healthcare
  • Koninklijke Philips N.V.
  • Siemens Healthineers AG
  • Canon Medical Systems Corporation
  • Esaote S.p.A.
  • MR Instruments, Inc. (MRIi)
  • Rapid MR International, LLC.
  • ScanMed, LLC.
  • Noras MRI Products GmbH
  • Nova Medical

 

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The Global Magnetic Resonance Imaging Coils Market is expanding due to the rising adoption of portable and point-of-care MRI systems, which is driving the need for compact, low-power, and highly efficient coil technologies tailored for mobile diagnostic environments. These advanced coil designs support high-quality imaging in non-traditional settings such as emergency departments, critical care units, and rural healthcare facilities where space and infrastructure are limited. As healthcare delivery becomes more decentralized and focused on accessibility, the integration of adaptable coil systems into portable MRI units is enabling timely and accurate diagnosis at the patient’s bedside.,” said Mr. Karan Chechi, Research Director of TechSci Research, a research-based management consulting firm.

Magnetic Resonance Imaging Coils Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Type (Radiofrequency Coil, Gradient Coil), By Application (Neurology, Cardiovascular, Spine and Musculoskeletal, Pediatric, Abdominal, Others), By End User (Hospitals, Diagnostic Imaging Centers, Ambulatory Care Centers, Others), By Region and Competition, 2020-2030F”, has evaluated the future growth potential of Global Magnetic Resonance Imaging Coils Market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Global Magnetic Resonance Imaging Coils Market.

 

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