Portable Magnetic Resonance Imaging Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Application (Neurology, Musculoskeletal, Gastroenterology, Others), By End-User (Hospitals, Diagnostic Centers, Ambulatory Surgery Centers, Others) Region and Competition, 2020-2030F

Market Overview

The Global Portable Magnetic Resonance Imaging Market , valued at USD 2.85 Billion in 2024, is projected to experience a CAGR of 7.95% to reach USD 4.51 Billion by 2030. Portable Magnetic Resonance Imaging (MRI) systems represent a distinct category of medical imaging devices designed for mobility, enabling diagnostic scans outside traditional radiology suites. The global portable MRI market's expansion is fundamentally driven by the escalating demand for point-of-care diagnostics, particularly in emergency and remote healthcare settings, coupled with continuous technological advancements that enhance image quality and reduce device footprint. These innovations facilitate broader accessibility to advanced imaging, critical for timely diagnosis in various medical conditions. According to the Radiological Society of North America, 40,661 registrants attended RSNA 2023, indicating substantial professional engagement within the broader medical imaging sector, which directly influences the portable MRI domain.

A significant challenge impeding market expansion, however, is the substantial initial capital investment required for these systems. This financial barrier can limit adoption, especially for smaller clinics or healthcare providers in resource-constrained regions, despite the long-term operational benefits and increased patient access.

Key Market Drivers

The global portable magnetic resonance imaging market is significantly shaped by ongoing technological advancements in miniaturization and imaging quality. Innovations in magnet design and signal processing have enabled the development of compact systems that deliver diagnostic-quality images, challenging the traditional constraints of fixed MRI units. This progression allows for reduced device footprints and enhanced performance, expanding the utility of MRI beyond conventional radiology departments. For instance, according to MedTech News, November 2024, DelveInsight, Hyperfine Announced European Launch of the Latest Generation Swoop® System, a Portable Magnetic Resonance (MR) Brain Imaging System, demonstrating continuous product evolution in this sector. These advancements are crucial for overcoming logistical hurdles and fostering broader adoption across diverse clinical scenarios.

Concurrently, increasing demand for point-of-care diagnostics drives the market by necessitating immediate and accessible imaging solutions. Healthcare providers are seeking diagnostic tools that can be deployed rapidly at the patient's bedside, in emergency rooms, or in remote clinics, minimizing patient transport and accelerating treatment decisions. Portable MRI addresses this need directly by bringing advanced imaging capabilities to the point of care, thereby improving patient outcomes and streamlining clinical workflows. Supporting this trend, according to Can J Neurol Sci. , 2023, "Feasibility and cost analysis of portable MRI implementation in a remote setting in Canada" underscored the practical application of portable MRI in point-of-care environments. Overall, the broader medical imaging field continues to push boundaries, with researchers publishing findings on whole-body magnetic resonance imaging at 0.05 Tesla, according to Science, in 2024, further illustrating the ongoing drive toward more accessible and versatile MRI technology.

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Key Market Challenges

A significant challenge impeding the growth of the Global Portable Magnetic Resonance Imaging Market is the substantial initial capital investment required for these systems. This financial barrier directly limits adoption, particularly among smaller clinics and healthcare providers situated in resource-constrained regions. The considerable upfront expenditure for these advanced diagnostic devices can exceed the budgetary capacities of many potential buyers, thus restricting their ability to integrate portable MRI technology into their services.

This financial constraint results in a slower rate of market penetration as healthcare facilities postpone or opt against investing in new equipment. According to the American Hospital Association, the average age of capital investments for medical equipment and infrastructure across all hospitals increased by 7.1% in 2023, reflecting a broader pattern of deferred equipment purchases due to financial pressures. This trend underscores how capital expenditure hesitancy directly hampers the expansion and widespread deployment of portable MRI systems, despite their acknowledged benefits for point-of-care diagnostics.

Key Market Trends

The integration of Artificial Intelligence and Machine Learning (AI/ML) is a pivotal trend in the global portable magnetic resonance imaging market, enhancing diagnostic capabilities and operational efficiency. AI algorithms improve image reconstruction, reduce scan times, and provide automated analysis, which is particularly beneficial for the lower field strengths often associated with portable MRI systems. This technological advancement allows for clearer images and more precise diagnoses in various clinical settings. According to the American College of Radiology, in September 2025, 22 health systems representing 965 facilities had joined its Arch AI program, launched in mid-2024, which certifies practices for successful AI integration. This highlights a growing institutional commitment to AI adoption in radiology. Furthermore, in February 2025, researchers from Massachusetts General Hospital, Harvard Medical School, and Yale School of Medicine demonstrated that AI techniques could significantly enhance the quality of low-field portable MRI brain images, enabling accurate detection of Alzheimer's disease markers comparable to higher-power MRI systems.

Another significant trend is the increasing adoption of cloud-based data management and telemedicine integration. These solutions provide scalable and secure platforms for storing, sharing, and accessing portable MRI data, which is crucial for distributed point-of-care and remote deployments. Cloud integration facilitates real-time collaboration among healthcare providers, enabling remote diagnoses and expert consultations, thereby improving patient access to advanced imaging services. The European Society of Radiology reported a record-breaking membership of 142,467 globally in 2024, marking a 3.7% increase from 2023, reflecting a growing and engaged professional community embracing evolving digital health solutions. This expansion of professional engagement underscores the increasing relevance of digital infrastructure. In March 2025, GE HealthCare introduced its Genesis solutions, a new portfolio of cloud enterprise imaging software-as-a-service designed to enhance efficiency and streamline workflows by providing accessible, sharable, and secure imaging data on the Amazon Web Services platform. This development illustrates industry efforts to leverage cloud technology for improved imaging data management and accessibility.

Segmental Insights

The Neurology segment is emerging as the fastest-growing application within the Global Portable Magnetic Resonance Imaging Market. This accelerated growth is primarily driven by the increasing global prevalence of neurological conditions, including stroke, traumatic brain injury, and neurodegenerative diseases, which necessitates timely and accessible diagnostic solutions. Portable MRI systems address the critical demand for point-of-care neuroimaging, enabling immediate bedside assessment in emergency departments and intensive care units without patient transport, thereby reducing diagnostic delays and improving intervention opportunities. Furthermore, advancements in portable MRI technology, such as AI-enhanced imaging and lower operational costs, enhance its utility for continuous monitoring of neurological complications, fostering broader adoption in clinical settings. The U. S. Food and Drug Administration (FDA) regulates these portable MRI devices, classifying them as medical devices requiring pre-market clearance to ensure safety and efficacy.

Regional Insights

North America leads the Global Portable Magnetic Resonance Imaging Market due to its highly developed healthcare infrastructure and significant investments in medical technology innovation. The region demonstrates high adoption rates of advanced medical imaging solutions and consistently prioritizes early integration of innovative portable MRI systems. This dominance is further supported by a favorable regulatory environment, including increasing U. S. Food and Drug Administration approvals, alongside robust research and development activities conducted by prominent medical institutions and technology companies. Additionally, substantial healthcare expenditure and well-established diagnostic capabilities contribute to the region's strong market position.

Recent Developments

• In June 2025, Hyperfine Inc. unveiled its next-generation Swoop system at the Jefferies Global Healthcare Conference 2025. This new portable MRI system, powered by Optiv AI, received FDA clearance shortly before its market introduction. The company stated its goal to expand global MRI accessibility while improving image quality, projecting a 10-20% revenue growth for 2024. The new Swoop system is priced at $550,000, with an anticipated 10-12% recurring revenue from its second year. Its commercial rollout commenced, supported by regulatory approvals and a comprehensive global commercialization strategy.

• In May 2025, Chipiron, a French deeptech company, secured $17 million in Series A funding. This investment is designated to finalize the development and initiate clinical testing of its miniaturized MRI scanner, with trials projected to begin in 2026. The startup's MRI technology is designed to reduce costs, size, and infrastructure requirements, thereby increasing access to imaging in underserved clinics, mobile units, and for patients previously unable to undergo MRI due to implants or physical limitations. This breakthrough research aims to democratize MRI access globally by providing a more accessible and affordable diagnostic tool.

• In March 2025, Hyperfine Inc., a health technology company, announced a strategic collaboration with NVIDIA to enhance its portable imaging technology. This partnership aims to leverage NVIDIA's artificial intelligence expertise and computing capabilities to improve Hyperfine’s Swoop system, a portable magnetic resonance (MR) technology designed for point-of-care use. The collaboration focuses on advancing AI-powered image reconstruction and integrating real-time clinical decision support directly into the portable MRI workflow. These enhancements are expected to improve image quality, reduce scan times, and enable quicker, more reliable diagnoses in various clinical settings where conventional MRI systems are often impractical or unavailable.

• In November 2024, Royal Philips announced the unveiling of its next-generation 1.5T BlueSeal MR wide-bore scanner at RSNA 2024. This system integrates AI-enabled MR Smart Workflow solutions, designed to improve access and diagnostic confidence for patients. The BlueSeal MRI technology features helium-free operations, making the system significantly lighter compared to conventional MRI systems and eliminating the need for a vent pipe. This design allows for flexible installations in various locations, including elevated floors or sites with construction limitations, thereby expanding access to quality MRI services in more diverse healthcare settings.

Key Market Players

• Hyperfine Inc
• Canon Medical Systems Corporation
• Voxelgrids Innovations Pvt. Ltd.
• PrizMed Imaging
• Siemens Healthineers AG
• Cobalt Health
• GE Healthcare Technologies Inc
• Koninklijke Philips NV
• JMP Medical
• Hitachi Ltd

Report Scope:

In this report, the Global Portable Magnetic Resonance Imaging Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

• Portable Magnetic Resonance Imaging Market , By Application:

o   Neurology

o   Musculoskeletal

o   Gastroenterology

o   Others

• Portable Magnetic Resonance Imaging Market , By End-User:

o   Hospitals

o   Diagnostic Centers

o   Ambulatory Surgery Centers

o   Others

• Portable Magnetic Resonance Imaging Market , By Region:

o   North America

§  United States

§  Canada

§  Mexico

o   Europe

§  France

§  United Kingdom

§  Italy

§  Germany

§  Spain

o   Asia Pacific

§  China

§  India

§  Japan

§  Australia

§  South Korea

o   South America

§  Brazil

§  Argentina

§  Colombia

o   Middle East & Africa

§  South Africa

§  Saudi Arabia

§  UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies presents in the Global Portable Magnetic Resonance Imaging Market .

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Company Information

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