Magnetic Resonance Imaging Coils Market Report: Trends, Forecast and Competitive Analysis to 2030

Magnetic Resonance Imaging Coils Trends and Forecast

The future of the global magnetic resonance imaging coils market looks promising with opportunities in the neurology, cardiovascular, spine and musculoskeletal, pediatric, breast, and abdominal markets. The global magnetic resonance imaging coils market is expected to reach an estimated $14.71 billion by 2030 with a CAGR of 8.9% from 2024 to 2030. The major drivers for this market are increasing prevelance of chronic dieases, growing demand of diagnostic imaging procedures, and on-going technological advancement in the healthcare sector.

A more than 150-page report is developed to help in your business decisions.

Magnetic Resonance Imaging Coils by Segment

The study includes a forecast for the global magnetic resonance imaging coils by type, application, end use industry,, and region.

Magnetic Resonance Imaging Coils Market by Type [Shipment Analysis by Value from 2018 to 2030]:

• Radiofrequency Coil
• Gradient Coil

Magnetic Resonance Imaging Coils Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Neurology
• Cardiovascular
• Spine and Musculoskeletal
• Pediatric
• Breast
• Abdominal
• Others

Magnetic Resonance Imaging Coils Market by End Use Industry [Shipment Analysis by Value from 2018 to 2030]:

• Hospitals
• Diagnostic Imaging Centers
• Ambulatory Care Centers
• Others

Magnetic Resonance Imaging Coils Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Magnetic Resonance Imaging Coils Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies magnetic resonance imaging coils companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the magnetic resonance imaging coils companies profiled in this report include-

• Ge Healthcare
• Koninklijke Philips N.V.
• Siemens Healthineers
• Canon Medical Systems Corporation
• Esaote Spa
• Mr Instruments
• Rapid Mr International
• Scanmed
• Bruker

Magnetic Resonance Imaging Coils Market Insights

Lucintel forecasts that radiofrequency coil will remain the larger segment over the forecast period as these coils helps in transmitting and receiving signals during MRI scans, which is a critical component of the imaging process.

Within this market, neurology will remain the largest segment due to the on-going advancement in the imaging technology like MRI and CT scans, which allows for more precise and accurate diagnoses of neurological conditions.

North America will remain the largest segment over the forecast period due to growing number of research activities, on-going technological advancement in the healthcare sector and increasing prevalence of chronic diseases.

Features of the Global Magnetic Resonance Imaging Coils Market

Market Size Estimates: Magnetic resonance imaging coils market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Magnetic resonance imaging coils market size by type, application, end use industry, and region in terms of value ($B).

Regional Analysis: Magnetic resonance imaging coils market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different types, applications, end use industries, and regions for the magnetic resonance imaging coils market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the magnetic resonance imaging coils market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q.1 What is the magnetic resonance imaging coils market size?

Answer: The global magnetic resonance imaging coils market is expected to reach an estimated $14.71 billion by 2030.

Q.2 What is the growth forecast for magnetic resonance imaging coils market?

Answer: The global magnetic resonance imaging coils market is expected to grow with a CAGR of 8.9% from 2024 to 2030.

Q.3 What are the major drivers influencing the growth of the magnetic resonance imaging coils market?

Answer: The major drivers for this market are increasing prevelance of chronic dieases, growing demand of diagnostic imaging procedures, and on-going technological advancement in the healthcare sector.

Q4. What are the major segments for magnetic resonance imaging coils market?

Answer: The future of the magnetic resonance imaging coils market looks promising with opportunities in the neurology, cardiovascular, spine and musculoskeletal, pediatric, breast, and abdominal markets.

Q5. Who are the key magnetic resonance imaging coils market companies?

Answer: Some of the key magnetic resonance imaging coils companies are as follows:

• GE Healthcare
• Koninklijke Philips N.V.
• Siemens Healthineers
• Canon Medical Systems Corporation
• Esaote SpA
• MR Instruments
• Rapid MR International
• Scanmed
• Bruker

Q6. Which magnetic resonance imaging coils market segment will be the largest in future?

Answer: Lucintel forecasts that radiofrequency coil will remain the larger segment over the forecast period as these coils helps in transmitting and receiving signals during MRI scans, which is a critical component of the imaging process.

Q7. In magnetic resonance imaging coils market, which region is expected to be the largest in next 5 years?

Answer: North America will remain the largest segment over the forecast period due to growing number of research activities, on-going technological advancement in the healthcare sector and increasing prevalence of chronic diseases.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the magnetic resonance imaging coils market by type (radiofrequency coil and gradient coil), application (neurology, cardiovascular, spine and musculoskeletal, pediatric, breast, abdominal, and others), end use industry (hospitals, diagnostic imaging centers, ambulatory care centers, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?