Press Release

United States Magnetic Resonance Imaging Coils Market to Grow with a CAGR of 7.39% through 2029

Rising prevalence of chronic diseases is expected to drive the United States Magnetic Resonance Imaging Coils Market growth in the forecast period, 2025-2029.

 

According to TechSci Research report, “United States Magnetic Resonance Imaging Coils Market – By Region, Competition Forecast & Opportunities, 2029F”, the United States Magnetic Resonance Imaging Coils Market at USD 884.21 million in 2023 and is expected to reach USD 1389.14 million by 2029 with a CAGR of 7.39% during the forecast period.

The shift towards value-based healthcare in the United States is transforming the approach to diagnostic imaging, including the use of Magnetic Resonance Imaging (MRI) coils. Value-based healthcare focuses on improving patient outcomes while reducing overall costs, prompting healthcare providers to seek diagnostic solutions that are not only cost-effective but also efficient in delivering accurate results. High-performance MRI coils play a crucial role in this paradigm by addressing key pain points in imaging workflows. These advanced coils, with their ability to provide superior image quality, significantly reduce the likelihood of repeat scans caused by suboptimal imaging. This improvement minimizes patient discomfort and reduces operational inefficiencies, such as wasted time and resources. By enhancing the reliability of diagnostic outcomes, these coils support the broader goals of value-based care.

The demand for MRI coils with high durability and versatility is rising as healthcare facilities aim to optimize their return on investment. Durable coils reduce maintenance and replacement costs, ensuring long-term usability. Versatile coils that cater to multiple imaging applications further enhance cost-efficiency, as they allow providers to address diverse diagnostic needs without investing in additional equipment. The transition towards value-based care is driving the adoption of MRI coils that improve patient throughput. By enabling faster scan times and seamless integration with existing MRI systems, these coils contribute to reduced patient wait times, better resource allocation, and higher patient satisfaction—all critical metrics in value-based healthcare models.

The increasing focus on pediatric-specific MRI coils reflects a growing commitment to patient-centric healthcare, especially for vulnerable populations like children. Pediatric imaging poses unique challenges, as children have smaller anatomical structures, limited ability to remain still during scans, and heightened sensitivity to the imaging environment. These factors have driven demand for MRI coils specifically designed to address the unique needs of pediatric patients. Pediatric MRI coils are tailored to accommodate smaller body sizes, ensuring optimal signal capture and image resolution for accurate diagnosis. Unlike standard coils, which may not effectively cover or conform to a child’s anatomy, these specialized coils provide enhanced imaging precision, crucial for diagnosing conditions such as congenital anomalies, developmental disorders, and tumors in young patients. The emphasis on patient comfort is another key driver of this trend. Pediatric MRI coils are often designed to be lightweight and ergonomic, reducing the stress and discomfort associated with imaging procedures. When combined with child-friendly environments and technologies like noise reduction in MRI systems, these coils contribute to a more positive imaging experience, helping to alleviate anxiety for young patients and their families.

 

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The United States Magnetic Resonance Imaging Coils Market is segmented into Product, Application, End Use, Regional Distribution, And Company.

Based on the End-use, In 2023, hospitals and clinics emerged as the dominant segment in the United States Magnetic Resonance Imaging (MRI) Coils Market. These healthcare facilities are pivotal in delivering diagnostic services to patients, with MRI technology being a cornerstone of their operations. MRI enables the assessment of a wide array of medical conditions, including neurological disorders, cardiovascular issues, and musculoskeletal injuries. This versatility drives a consistently high demand for MRI coils in hospital and clinic settings.

Hospitals and clinics cater to a substantial daily patient volume, making efficiency and reliability of diagnostic equipment paramount. MRI coils, designed to optimize imaging procedures, play a crucial role in ensuring high-quality diagnostic outcomes. Their ability to enhance image clarity and accuracy is vital for detecting and diagnosing complex medical conditions, contributing to better patient care. The demand for MRI coils in these settings is further fueled by the need for specialized imaging capabilities to address diverse diagnostic requirements. As hospitals and clinics strive to provide timely and precise diagnoses, they rely on advanced MRI technology to support their operations.The increasing prevalence of chronic and acute medical conditions in the United States underscores the importance of efficient diagnostic tools, bolstering the demand for MRI coils. Overall, the significant patient throughput, coupled with the critical role of MRI in modern diagnostics, positions hospitals and clinics as the leading end-use segment in the United States MRI Coils Market.

Based on region, North-East is the second dominating segment in the United States Magnetic Resonance Imaging (MRI) coils market . The significant growth of the North-East segment in the United States Magnetic Resonance Imaging (MRI) coils market can be attributed to several key factors. The region is home to a high concentration of leading healthcare institutions, research centers, and hospitals, which drive the demand for advanced diagnostic imaging technologies like MRI. The presence of top-tier medical facilities in cities such as New York, Boston, and Philadelphia contributes to the increased adoption of cutting-edge MRI technology, including high-quality MRI coils. The North East benefits from a strong healthcare infrastructure, with significant investments in medical research and development, particularly in the fields of medical imaging and diagnostics. This has led to an increasing focus on enhancing MRI systems, boosting the demand for more efficient and specialized MRI coils.

 

Major companies operating in United States Magnetic Resonance Imaging Coils Market are:

  • Siemens Healthineers AG
  • GE Healthcare
  • Koninklijke Philips N.V.
  • Canon Medical Systems Corporation
  • ESAOTE SPA
  • MR Instruments, Inc.
  • RAPID MR INTERNATIONAL, LLC.
  • SCANMED, LLC.
  • Bruker
  • Hologic Inc

 

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 “Manufacturers are increasingly focusing on developing ergonomic and flexible coil designs that conform to a patient’s anatomy. This innovation not only improves patient comfort during scanning but also minimizes motion artifacts, leading to more accurate diagnostic results. Another key aspect of this trend is the integration of artificial intelligence (AI) and machine learning algorithms into MRI systems, including coil optimization. AI-enhanced coils can adapt imaging protocols in real time, improving efficiency and reducing the time required for scans. These advancements align with the healthcare industry’s push toward personalized medicine, as they facilitate customized diagnostic approaches tailored to individual patient needs. The rise of portable and point-of-care MRI systems has spurred demand for compact and adaptable coil technologies, making high-quality imaging more accessible in remote or underserved areas. This trend reflects the broader shift toward decentralizing healthcare services, enabling timely and accurate diagnoses outside traditional hospital settings”, said Mr. Karan Chechi, Research Director of TechSci Research, a research-based management consulting firm.

United States Magnetic Resonance Imaging Coils Market By Product (Radiofrequency Coil, Gradient Coil), By Application (Neurology, Cardiovascular, Spine & Musculoskeletal, Pediatric, Breast, Abdominal, Others), By End-use (Hospitals & Clinics, Ambulatory Surgical Centers, Other) By Region, Competition, Forecast & Opportunities, 2019-2029F”, has evaluated the future growth potential of United States 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 United States Magnetic Resonance Imaging Coils Market.



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