USA MRI Market - Forecasts from 2025 to 2030

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.

Market Trends:

• Rising Chronic Diseases: The United States is witnessing a continuous increase in chronic diseases, with projections for 2024 indicating approximately 611,720 cancer-related deaths and 2,001,140 new cancer cases. This trend underscores the urgent need for early diagnosis, which is driving the demand for advanced diagnostic technologies such as MRI systems.
• Integration of Artificial Intelligence in MRI Systems: The incorporation of artificial intelligence (AI) into MRI technology is enhancing diagnostic efficiency. For example, Philips SmartSpeed utilizes AI algorithms to improve image reconstruction, offering:
• A 65% increase in image resolution.
• Scan times that are three times faster than traditional methods.
• Overall improvements in diagnostic accuracy.
• Shortage of Skilled Technicians: The MRI market in the USA faces significant challenges due to a shortage of skilled technicians. This issue is compounded by a broader shortage of clinical staff within the healthcare industry, creating substantial pressure on the MRI market's capacity to meet growing demand.
• Impact on Healthcare System: The rising prevalence of chronic diseases and the corresponding need for advanced diagnostic solutions are placing additional strain on the healthcare system.
• Future Projections: As the population ages and the burden of chronic diseases increases, it is expected that demand for diagnostic technologies will continue to rise. This trend necessitates strategic investments in workforce development and technological innovation to ensure adequate healthcare delivery.

Some of the major players covered in this report include 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.

Key Benefits of this Report:

• Insightful Analysis: Gain detailed market insights covering major as well as emerging geographical regions, focusing on customer segments, government policies and socio-economic factors, consumer preferences, industry verticals, and other sub-segments.
• Competitive Landscape: Understand the strategic maneuvers employed by key players globally to understand possible market penetration with the correct strategy.
• Market Drivers & Future Trends: Explore the dynamic factors and pivotal market trends and how they will shape future market developments.
• Actionable Recommendations: Utilize the insights to exercise strategic decisions to uncover new business streams and revenues in a dynamic environment.
• Caters to a Wide Audience: Beneficial and cost-effective for startups, research institutions, consultants, SMEs, and large enterprises.

What can businesses use this report for?

Industry and Market Insights, Opportunity Assessment, Product Demand Forecasting, Market Entry Strategy, Geographical Expansion, Capital Investment Decisions, Regulatory Framework & Implications, New Product Development, Competitive Intelligence.

Report Coverage:

• Historical data from 2022 to 2024 & forecast data from 2025 to 2030
• Growth Opportunities, Challenges, Supply Chain Outlook, Regulatory Framework, and Trend Analysis
• Competitive Positioning, Strategies, and Market Share Analysis
• Revenue Growth and Forecast Assessment of segments and regions including countries
• Company Profiling (Strategies, Products, Financial Information, and Key Developments among others)

The USA MRI market is analyzed into the following segments:

By Type

• Closed
• Open

By Application

• Screening
• Diagnosis
• Treatment Monitoring
• Research