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MRI Systems Market to Reach $9.68 Billion by 2031, Driven by Technological Advancements and Rising Demand for Early Diagnosis
The global MRI systems market is expected to grow from USD 6.88 billion in 2026 to USD 9.68 billion by 2031, at a CAGR of 7.0% according to MarketsandMarkets™.
Market growth is driven by rising demand for early and accurate diagnosis and new advanced MRI systems introduced by leading players.
Improvements and innovations in MRI technology have enhanced image quality, sensitivity, and diagnostic accuracy.
In 2025, the brain and neurological segment held the largest market share and is expected to have the fastest growth through 2031.