Europe Medical MRI Equipment Market was valued at USD 1.7 Billion in 2022 and is projected to reach USD 2.6 Billion by 2030, growing at a CAGR of 6.2% from 2024 to 2030.
The Europe Medical MRI Equipment Market is witnessing rapid growth, driven by increasing healthcare needs, technological advancements, and a rising awareness of the benefits of non-invasive imaging techniques. Magnetic Resonance Imaging (MRI) equipment has become an integral part of medical diagnostics, especially for neurological, musculoskeletal, and cardiovascular conditions. The medical MRI equipment market in Europe is expected to continue growing as more hospitals and diagnostic centers invest in advanced MRI machines.
In Europe, MRI equipment is categorized into several types, each serving different medical needs. The main categories include closed MRI, open MRI, and extremity MRI machines. Closed MRI machines dominate the market due to their higher resolution images and advanced features, making them ideal for hospitals and large medical centers. Open MRI machines, on the other hand, provide a less claustrophobic experience, making them suitable for patients with anxiety or larger body types. Extremity MRI machines are specialized for imaging only the limbs, offering a more compact and affordable solution.
Industries across Europe rely heavily on medical MRI equipment for a variety of applications. Hospitals and diagnostic centers use MRI for routine diagnostics and pre-surgical planning. Research institutes also make use of advanced MRI technology to explore new treatments and understand human physiology better. Furthermore, the growing demand from rehabilitation centers for MRI scans to assess musculoskeletal injuries is pushing the demand for MRI equipment in various medical sectors.
Technological advancements are another driving force for growth in the Europe Medical MRI Equipment Market. Newer MRI machines offer higher resolution, faster imaging, and improved patient comfort. These innovations are attracting more hospitals to upgrade their existing equipment. Additionally, the increasing prevalence of chronic diseases and the aging population in Europe is further fueling the demand for MRI scans, which enhances the overall need for medical MRI equipment in the region.
The requirement for MRI machines also extends beyond traditional healthcare. Veterinary hospitals are increasingly investing in MRI equipment for pet health diagnostics. This diversification across industries contributes to the overall growth of the Medical MRI Equipment Market in Europe.
Get an In-Depth Research Analysis of the Europe Medical MRI Equipment Market Size And Forecast [2025-2032]
SIEMENS
PHILIPS
GE
Toshiba
Hitachi
Xingaoyi
Fonar
Scimedix
Paramed
Huarun Wandong
Anke
Shenyang Neusoft
Mti Group
Alltech
Mindray
Basda
Jiaheng Medical
Colorful
Xian Landoom
Kampo
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Europe Medical MRI Equipment Market
Open MRI Systems
Closed MRI Systems
Mini MRI Systems
Low Field MRI Systems
Mid Field MRI Systems
High Field MRI Systems
Very High Field MRI Systems
Permanent Magnet MRI Systems
Electromagnetic MRI Systems
Superconducting MRI Systems
Neurological Imaging
Orthopedic Imaging
Cardiovascular Imaging
Oncology Imaging
Musculoskeletal Imaging
Other Applications
Hospitals
Diagnostic Imaging Centers
Ambulatory Surgical Centers
Research and Academic Institutes
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
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1. Introduction of the Europe Medical MRI Equipment Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Europe Medical MRI Equipment Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Europe Medical MRI Equipment Market, By Type
6. Europe Medical MRI Equipment Market, By Application
7. Europe Medical MRI Equipment Market, By Geography
Europe
Germany
UK
France
8. Europe Medical MRI Equipment Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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