The growth in the market for MRI coils is exponential. The market is driven primarily due to a rise in high-resolution imaging demand, advanced coil technology, and prevalence of neurological and musculoskeletal disorders. Newer designs in radiofrequency and gradient coils improve the accuracy of diagnosis and make possible application for MRI in various medical specialties.
The key players of the market such as Koninklijke Philips N.V., GE Healthcare, and Siemens Healthiness hold almost 78.6% market space and emphasize innovations in coil designs, signal sensitivity, and advanced imaging. Other players in the market such as Shanghai United Imaging Healthcare Co. and others have garnered 21.4% market share, majorly towards application and customized MRI coil solutions.
Advances from mid-tier and emerging players in developing cost-effective, high-performance MRI coils, as well as broadening product portfolios to include a wider variety of specialized imaging solutions, are also gaining ground
The addition of research and development of multi-channel phased array coils, AI integrated imaging systems, and lightweight, patient-friendly coil designs will require more investments from manufacturers to gain better access to the market. The increasing adoption of MRI among neurology, cardiology, musculoskeletal imaging, and oncology will further spur the growth in the market over the long run.
The market for MRI Coils is expected to reach USD 3,271.0 million by 2035, reflecting a CAGR of 3.5% from 2025 to 2035
| Attributes | Details |
|---|---|
| Estimated Value (2035) | USD 3,271.0 million |
| Value-based CAGR (2025 to 2035) | 3.5% |
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| Global Market Share | Industry Share (%) |
|---|---|
| Top 3 (Koninklijke Philips N.V., GE Healthcare, Siemens Healthineers) | 78.6% |
| Top 5 (Koninklijke Philips N.V., GE Healthcare, Siemens Healthineers, Shanghai United Imaging Healthcare Co., LTD, Canon Medical Systems and NeoCoil.) | 83.4% |
| Chinese Suppliers (Shanghai United Imaging Healthcare Co. etc., Klarity Medical) | 10.5% |
| Emerging and Regional Players | 6.1% |
The MRI coils market exhibits moderate concentration, with leading players collectively holding approximately 81.80% market share.
RF coils are also separated from gradient coils as far as segmentation of the market is concerned. The former currently holds a 56.4% share, largely due to the role that RF coils play in reception of signals and enabling high resolution image formations.
Advances in phased array and multi-channel coils are pushing the boundaries of phased array, multi-channel, and higher channel count coils that improve spatial resolution and decrease scan times considerably. Integration of AI-driven signal optimization further enhances imaging precision.
Gradient coils are also progressing, with the advancement in linearity, acoustic noise reduction, and imaging speed that supports high-field and ultra-high-field MRI applications. Mechanism-based gradient coil cooling improvements allow for better performance and longer life of the equipment.
Neurology stands as the top application segment accounting for 39.6% market share and is driven mainly by the strong prevalence of diseases such as stroke, Alzheimer's disease, and multiple sclerosis. Functional MRI, and diffusion tensor imaging are more widely adopted which are expanding diagnostics capabilities in conditions related to the neurological system.
Cardiovascular imaging and musculoskeletal MRI are also mainstays, benefiting from improved coil technology that makes softer tissue contrast more beneficial in motion correction and dynamic imaging to provide real-time cardiovascular assessment.
Pediatric and breast imaging are some emerging applications where specialized coils in MRI widen diagnostic precision and make it a lot more convenient for patients, with the development of pediatric-specific coils and breast imaging coils optimized for early cancer detection.
The largest end-user segment is hospitals, which account for 34.3% of the market, as MRI has been widely adopted for complex diagnostics and high patient throughput. Investment in high-field MRI systems with specialized coils is fueled by demand for advanced imaging capabilities in tertiary care hospitals.
Diagnostic imaging centers are rapidly expanding their use of high-performance MRI coils to improve imaging throughput, accuracy, and workflow efficiency. Ambulatory care centers are also increasingly adopting portable and open MRI solutions, especially in outpatient settings where patient convenience, affordability, and accessibility are primary concerns.
GE Healthcare
GE Healthcare is a flagship company when it comes to MRI technology. The company is focusing on high-density phased array coils and AI-enhanced imaging systems to improve diagnosis accuracy. The company continues to enhance multi-channel coil technologies, giving far superior signal reception with faster scan times.
GE is also focusing on AI-powered reconstruction algorithms that impact diagnostic capabilities positively by shortening scan times. GE Healthcare is now integrating machine learning to enhance workflow automation and ensure preciseness in imaging complex neurological and musculoskeletal cases.
Siemens Healthiness
Siemens offers advanced gradient coil technology, leading to ultrafast imaging with minimum motion artifacts and improved field homogeneity. Siemens is also an innovator of silent MRI, which reduces the acoustic noise generated by the imaging process, increasing patient comfort.
The latest advancements by Siemens emphasize increasing gradient strength while reducing the power consumption needed for high-resolution imaging. Optimized gradient coils for ultra-high-field MRI are designed to assist clinicians in creating detailed anatomical and functional images, especially in oncology and cardiology applications.
Philips Healthcarea
Philips Healthcare emphasizes the lightweight and flexible designs to maximize patient comfort and signal reception in its MRI coils. It is developing soft, ergonomic coil materials that would fit the patient anatomy to enhance signal uniformity and reduce motion artifacts.
It also integrates wireless coil technology that gets rid of the cumbersome cables, thus maximizing the efficiency of the workflow in a busy clinical environment. It's doing significant research in multi-parametric MRI imaging, allowing precision diagnostics of diseases such as prostate and breast cancers.
Advancements in High-Channel Phased Array Coils: Multi-channel coil technology improves the resolution of images, scan speed, and signal uniformity. High-channel count coils improve spatial resolution, reduce scan time, and preserve superior image clarity. Flexible, lightweight coil designs further improve patient comfort during imaging, especially for long-duration scans in neurology and oncology.
Integration of AI and Machine Learning in MRI Systems: AI and Machine Learning-based MRI Integration is making efficiency and accuracy of reconstruction and coil selection a matter of concern. Advanced algorithms optimize the performance of coils by dynamically adjusting signal reception and hereby augmenting consistency across body regions.
By having automation power through machine learning, it has reduced dependency on operators, which has simplified workflow in high-volume imaging centers and ensured consistent results for different cases of patients.
Expansion of MRI Applications in Oncology and Pediatrics: Increased usage of MRI for early cancer detection and pediatric diagnostics further fuels the demand for specialized coils. High-resolution imaging capabilities are critical in detecting minute tumor lesions and monitoring disease progression.
Pediatric-specific MRI coils designed with child-friendly materials and reduced scan times minimize patient discomfort while ensuring precise diagnostics. Multi-parametric MRI techniques are expanding their role in personalized treatment planning, especially in prostate, breast, and neuro-oncology applications.
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| Tier | Market Share (%) |
|---|---|
| Tier 1 (Siemens Healthineers, GE Healthcare and Koninklijke Philips N.V) | 81.8% |
| Tier 2 (Shanghai United Imaging Healthcare Co., LTD, Canon Medical Systems and NeoCoil.) | 16.8% |
| Tier 3 (Regentis Biomaterials, Nanochon, meidrix, biomedicals GmbH & Others) | 2.4% |
| Company | Unique Initiative |
|---|---|
| GE Healthcare | Development of AI-powered phased array coils for precision imaging through integration of deep learning algorithms, real-time adaptive tuning for an enhanced signal reception, as well as automatic optimization of images for accurate diagnostics. |
| Siemens Healthineers | Scans through improved linearity, reduced acoustic noise, and optimization by AI for precision in imaging. |
| Philips Healthcare | Lightweight and flexible MRI coils, incorporated with ergonomic materials, wireless technology, and AI-driven signal enhancement for optimization in imaging accuracy and workflow efficiency, are designed to contour the anatomy of a patient for minimal artefacts caused by motion and therefore contribute to optimum signal reception in high resolution imaging. |
| Canon Medical Systems | Custom RF coils developed for dedicated applications in cardiovascular and oncology imaging, with significantly improved signal reception, optimized geometries, and AI-driven reduction of noise sources for enhanced diagnostics. |
Focus on Regulatory Compliance: Suppliers must focus on regulatory compliance to achieve credibility and market opportunity across borders. It will require an investment not only in the quality assurance practices but also in the development of a total quality management system that ensures magnetic resonance imaging coils adhere to all the stringent standards determined by major regulatory organizations like the FDA, CE, and ISO.
This can be achieved by documenting compliance processes and certifications with great detail. Suppliers can, therefore, ensure a smoother approval pathway for new products and modifications. This dedication not only instills confidence in healthcare clients but also fosters long-term relationships, ultimately contributing to the sustainability and growth of their business in the competitive medical imaging market.
Embrace AI Integration: As artificial intelligence shapes the medical world, it is the responsibility of suppliers to develop AI-enhanced MRI coils. It becomes a significant investment in research and development when these coils would include AI functionalities such as real-time tuning and performance optimization. This would improve image quality a great deal.
Integration would not only enhance diagnostic outcomes but also help position a supplier as an innovator in the field of medical imaging. In addition, AI-based predictive maintenance solutions minimize equipment downtime. This gives health care providers a chance to perform more effectively. Suppliers that can stay ahead of the game with AI applications are better suited to meet changing needs in the health care marketplace and improve care for patients.
Enhance Imaging Efficiency: To maintain an edge in competition within the MRI coils market, the suppliers would do well to work on phased array coils having a high density for delivering excellent resolution and a fast scan. Further research should be conducted for designing coil innovations, which might provide signal uniformity, with accurate and reliable results in the image. This focus on the efficiency of imaging not only benefits healthcare professionals through better diagnosis and treatment but also leads to healthier patients. Because suppliers are consistently pushing the frontiers of what is technologically possible and their performance, the value added in their product offers and strengthens its position in this rapidly advancing field of medical imaging.
Educate and Support Customers: Effective education and support are important for suppliers in helping end-users maximize the benefits of advanced MRI technology. This is achieved by implementing comprehensive training programs that include optimal coil usage, maintenance protocols, and troubleshooting techniques, enabling healthcare providers to fully leverage the equipment's capabilities.
This pro-active approach avoids the risks of improper use that can lead to operational challenges. Furthermore, well-defined customer support structures with online literature, guides, and direct contacting lines enhance users' experience. Suppliers can further increase customer satisfaction and loyalty toward their products thereby gaining long term success in a competitive MRI marketplace by developing support and education as a culture.
Innovations in Wireless and Smart MRI Coils: Wireless coil technology helps to save time in workflow by not creating tangles of cables; it permits more patient mobility in scans. This new technology has simplified the process of scanning-the technique by allowing technicians to easily maneuver and post patients, including maintaining quality imaging standards, which improves patient comfort and overall experience during MRI procedures.
Advancements in Hybrid Imaging Systems: This combination of MRI with PET and CT imaging generates hybrid imaging systems, which can provide full diagnostic capability. The multi-modality systems enable clinicians to analyze complex conditions much more effectively, because they obtain simultaneous functional and anatomical information, thereby improving diagnostic accuracy, treatment planning, and patient management across various clinical settings.
Expansion into Emerging Markets: Access to more advanced imaging solutions is on the rise in emerging markets, primarily due to investment in healthcare and the need for better diagnostic equipment. The growing demand for healthcare infrastructure in such regions creates growth opportunities for manufacturers of MRI coils, especially in developing affordable products of high quality that are more suited to the needs of these markets.
In terms of type, the industry is divided into- radiofrequency coil and gradient coil.
In terms of application, the industry is segregated into- neurology, cardiovascular, spine and musculoskeletal, pediatric, breast, abdominal and other applications.
In terms of end user, the industry is segregated into- hospitals, diagnostic imaging centers, ambulatory surgical centers (ASCs) and specialty clinics.
Koninklijke Philips N.V., GE Healthcare, and Siemens Healthiness command about 78.6% share in the global market.
The global Magnetic Resonance Imaging Coils Market represents a sale of USD 2,372.4 million in 2025.
Regional and domestic companies hold nearly 4.8% of the overall market.
The largest end-user segment is hospitals offering significant growth prospects to market players.
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Magnetic Resonance Imaging Coils Market Share Analysis
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