USA MRI Market Size
The USA MRI market, valued at $1.396 billion in 2025, is projected to grow at a CAGR of 4.32% through 2030 reaching a market size of US$1.846 billion.
The USA MRI market is driven by the rising incidence of chronic diseases such as cancer and trauma cases in the United States along with continuing technological advancement in MRI technology. The growing aging population is providing a major boost to the demand for MRI technology. The rising incidence of cancer and trauma cases in the United States has increased the use of imaging systems for disease diagnosis, such as magnetic resonance imaging (MRI). The adoption of these systems in healthcare settings is also fueled by their potential benefits, including non-invasiveness and effective imaging. Moreover, the increased focus on product launches by prominent companies, like 7 Tesla systems, is also boosting market expansion. For instance, more than 30 institutions in the United States are currently equipped with a 7-Tesla MRI. This MRI can image below a millimeter of tissue, according to a report by the University of Texas Southwestern Medical Center.
USA MRI Market Overview & Scope
The USA MRI market is segmented by:
- Type: By type, the USA MRI market is categorized into closed and open. The closed MRI category is estimated to grow at a greater rate, as the closed MRI system offers more efficient and accurate results compared to the open MRI system.
- Application: By application, the USA MRI market is divided into screening, diagnosis, treatment monitoring, and research. The diagnosis category of the application segment is estimated to grow at a greater rate, majorly with the increasing consumer prevalence towards pre-diagnosis.
Top Trends Shaping the USA MRI Market
1. Integration of Artificial Intelligence
- Rising integration of artificial intelligence in the MRI systems for its advantage in offering enhanced efficiency in diagnosis. For instance, Philips SmartSpeed has enhanced image reconstruction due to the integration of AI algorithms in the reconstruction process. The system also helps in better image reconstruction (Philips SmartSpeed offers 65% greater resolution), reduction in scan times (Philips SmartSpeed offers 3 times faster scan), and overall improvement in diagnostic accuracy.
2. Portable MRI system is expanding
- Increased accessibility to remote areas and easy handling are leading to its market growth
3. Focus on Patient Comfort
- MRI manufacturers are increasingly focusing on developing MRI system that offers comfort to the patient
USA MRI Market Growth Drivers vs. Challenges
Opportunities:
- Rising Chronic Diseases: The USA is experiencing a continuous rise in chronic diseases, for instance, the United States anticipated 611,720 cancer-related deaths and 2,001,140 new cancer cases in 2024, requiring early diagnosis that is boosting demand for diagnostic technologies like MRI in the United States.
- Portable MRI Systems Growth: The market demand for portable MRI systems is expanding as they offer accessibility in remote and under-reserved areas.
- AI integration in MRI: There is increasing traction for the integration of AI in the MRI for enhancing image reconstruction, reduction in scan times, and improving overall diagnostic accuracy.
Challenges:
- Shortage of skilled technicians: The USA MRI market faces severe challenges due to a shortage of skilled technicians, putting pressure on the market. Also, the overall healthcare industry in the United States is burdened by the severe shortage of clinical staff, leading to severe challenges to the USA MRI market.
- High Cost of MRI System: The USA MRI market is restricted due to the high cost of MRI machines. It costs around $225,000 for entry-level machines to $500,000 for premium models as per ongoing price in the USA. Also, the integration of newer technologies that offer enhanced diagnostics accuracy has an even higher cost, leading to restraint in market penetration. For Instance, Philip’s Ingenia Ambition 1.5TX costs approx. $6,50.000 in the USA, restraining the accessibility to small healthcare providers.
USA MRI Market Competitive Landscape
The market is fragmented, with many notable players including General Electric Company, Siemens Healthineers, Canon Medical Systems Corporation, Koninklijke Philips N.V., Hitachi Medical Corporation, Fujifilm Healthcare Solutions, Esaote, and Bruker Corporation among others.
- Product Launch: In November 2024, Philips launched a 1.5T MR wide-bore scanner based on BlueSeal technology, having smart reading technology which is a cloud-based AI toolset that integrates imaging and reading on the MR scanner.
- Technological Innovation: In October 2024, Fujifilm United States introduced AI-powered workflow improvements in their new ECHELON Synergy 1.5T MRI System Software.
USA MRI Market Scope:
| Report Metric |
Details |
| Study Period |
2021 to 2031 |
| Historical Data |
2021 to 2024 |
| Base Year |
2025 |
| Forecast Period |
2026 – 2031 |
| Report Metric |
Details |
| USA MRI Market Size in 2025 |
US$1.396 billion |
| USA MRI Market Size in 2030 |
US$1.846 billion |
| Growth Rate |
CAGR of 4.32% |
| Study Period |
2020 to 2030 |
| Historical Data |
2020 to 2023 |
| Base Year |
2024 |
| Forecast Period |
2025 – 2030 |
| Forecast Unit (Value) |
USD Billion |
| Segmentation |
|
| List of Major Companies in the USA MRI Market |
|
| Customization Scope |
Free report customization with purchase |
The USA MRI market is analyzed into the following segments:
By Type
By Application
- Screening
- Diagnosis
- Treatment Monitoring
- Research