The magnetic resonance imaging coils market size was valued at USD 9.13 billion in 2024 and is expected to reach USD 17.48 billion by 2032, growing at a CAGR of 8.47% over 2025-2032.
The magnetic resonance imaging coils market is gaining significant momentum due to the increasing incidence of chronic diseases, technological improvements in diagnostic imaging systems, and the adoption of high-field MRI. The global magnetic resonance imaging coils market is experiencing a rising focus on non-invasive diagnostics technology, a growing geriatric population, and an increase in spending on healthcare infrastructure.
For instance, global MRI procedure volumes are projected to increase 5 to 10 times the rate of population growth in developed economies, particularly in the U.S. magnetic resonance imaging coils market, on account of increasing demand for early disease diagnosis.
Rising investments in R&D by leading medical devices market players, including GE Healthcare, Siemens Healthineers, and Philips Healthcare, are also contributing immensely to innovation. In the past decade only, Philips received an investment of more than USD 5.34 billion for its R&D globally, this investment resulting in inventions such as smart coils and AI-enabled imaging. And regulatory requirements, such as the Food and Drug Administration’s simplified 510 (k) pathway for imaging equipment, have sped up approvals, increasing the number of products available. The rising number of hospitals and diagnostic centers with government reimbursement in Asia and Europe is another factor driving the magnetic resonance imaging coils market.
In April 2025, Siemens Healthineers introduced its BioMatrix MRI coils with motion-adaptive technology of the next generation, providing precision imaging and comfort for patients, which represent important advances in the magnetic resonance imaging (MRI) coils market.
GE HealthCare announced a strategic collaboration with Mayo Clinic to co-develop AI-enabled MRI coils for cancer and neurological disease, indicating a high focus on R&D and the market within the global MRI coils market during Q1 2025.
Drivers:
Advancements In Technology and Increased Disease Burden Are Fueling the Magnetic Resonance Imaging Coils Market Growth
The magnetic resonance imaging coils market growth is primarily driven by factors such as technological advancements, leading to an increased adoption of the MRI technology, and an increasing shift towards portfolio diversification in developed markets. Increased occurrence of neurological or musculoskeletal diseases has increased demand for specialized imaging, leading to increased demand for advanced MRI coils.
More than 50 million MRI scans are done on an annual basis in developed markets, leading to increased scan quality and patient throughput. In addition, growing usage of 3T and 7T MRI devices requires more advanced coils for better efficiency, supporting the magnetic resonance imaging coils market growth.
Strategic investments from firms such as Canon Medical Systems, which announced in 2024 a USD 300 million R&D endeavor to develop ‘ultra-high-definition’ MRI coils, also signal an investment in innovation. The growth of outpatient imaging centers and teleradiology services has further driven demand for small and lightweight coils. Regulatory backing, including European MDR approval for flexible and wireless coil systems, is facilitating accelerated commercialization. These are some of the key factors that are likely to impact the magnetic resonance imaging coils market trends, as they continue to consolidate diagnostic and research applications.
Restraints:
High Costs, Complex Manufacturing, And Regulatory Scrutiny Are Impeding the Magnetic Resonance Imaging Coils Market Growth
The magnetic resonance imaging coils market shows some serious limitations despite growing clinical needs. Spiraling production costs of next-gen coils, which are the result of precision engineering and material (e.g., copper and superconductors) requirements and strict performance specifications, are serious obstacles. A high-channel MRI coil array set typically costs more than USD 100,000, restricting accessibility to small healthcare facilities. Moreover, the arduous installation and calibration procedures generally require personnel with high expertise, which raises operational costs.
In addition, regulatory barriers exist in the form of extensive validation requirements of MRI coils in the US, where the FDA requires time-consuming 510(k) clearances under Class II medical device classification. More than 25% of MRI-related submissions experienced delays for a lack of EMC (electromagnetic compatibility) data. This delays new entrants to the market. In addition, disruptions in supply chains (in particular, rare-earth elements for coil manufacturing) have hampered production timelines, as witnessed in the 2021-2023 semiconductor shortage. Despite the obvious clinical need, these limitations are significant bottlenecks limiting the progress of the magnetic resonance imaging coils market.
By Type
The radiofrequency coil segment held a leading position in the global magnetic resonance imaging coils market analysis with a 60.8% revenue share in 2024. This dominance can be explained by its crucial part in the transmission and reception of signals in MR during high-resolution imaging. RF coils come in several geometries, including surface, volume, and phased array coils, contributing to their flexibility for different diagnostic applications and thereby raising their clinical significance in neurology, musculoskeletal, and breast imaging.
The gradient coil segment is estimated to register moderate growth in the forecast period, owing to improvements in faster image acquisition techniques and functional MRI (fMRI) methods. There is a growing need for improved gradient systems owing to the growing requirement for dynamic and real-time imaging in applications such as cardiology and brain mapping, accelerating the magnetic resonance imaging coils market growth.
By Application
Neurology was the largest segment, accounting for 22.5% in 2024, owing to the rising prevalence of neurological conditions, including epilepsy, Alzheimer’s disease, and multiple sclerosis, across the globe. The growing need for early and non-invasive detection of various brain disorders has led to the increased use of dedicated head or brain coils, contributing to better anatomical coverage and signal sensitivity.
Additionally, the spinal place and the musculoskeletal market are predicted to witness the highest growth during the forecast period. Expansion in the market is mainly driven by the increasing prevalence of orthopedic injuries, sports injuries, and degenerative spine conditions caused by an aging population. The need for dedicated MSK coils with high-contrast resolution in joint & spinal imaging is increasing in both hospital and outpatient environments.
By End Use
Hospitals became the largest end-user in 2024, capturing the largest revenue share in the magnetic resonance imaging coils market. This is largely attributed to the widespread availability of state-of-the-art MRI machines at major hospital chains, a readily available workforce of radiology professionals, and the enormous number of inpatient and outpatient scans being done each and every day. Hospitals are also in need of multi-coil systems for different diagnoses.
On the contrary, diagnostic imaging centers are the fastest-growing end-user segment. Their growth is fueled by growing patient demand for faster, more affordable outpatient imaging. Portable and special-purpose MRI coil arrays are proliferating in these kinds of facilities faster than any other, to increase throughput and flexibility of service in metropolitan and sub-metropolitan areas.
North America was the leading regional market in 2024, mainly due to the presence of a large number of advanced MRI technology adopting hospitals, strong healthcare infrastructure, and large-scale investments in R&D by leading magnetic resonance imaging coil market players.
In North America, it is the US that is leading the region’s MRI coils market, with over 75% of the magnetic resonance imaging coils market share held by the country. The U.S. magnetic resonance imaging coils market size was valued at USD 2.90 billion in 2024 and is expected to reach USD 5.17 billion by 2032, growing at a CAGR of 7.55% over 2025-2032. More than 40 million MRI examinations are performed in the U.S. each year, reflecting a high disease load of neurological and musculoskeletal illnesses. The existence of established players such as GE HealthCare and Siemens Healthineers, coupled with supportive reimbursement schemes, continues to promote ongoing innovation and demand. Canada is experiencing stable growth driven by government-sponsored diagnostic imaging growth programs.
Europe is the second largest market for the global magnetic resonance imaging coils, which is supported by increasing government spending on public health infrastructure, and an aging population demanding diagnosis.
Germany dominates the region as a result of its having state-of-the-art hospitals, and the frequency of MRI scanners is high, predicted to be over 130 scans per 1,000 population a year. That is much higher than the EU average. There’s also a strong contribution from the UK and France, which is supported by the NHS and public screening programs for cancer and neurology. New investments in AI-powered imaging in the UK saw the purchase of smart MRI scanners that demand high-performing coils. In Italy and Spain, imaging services are being beefed up to handle increasing demand for chronic disease diagnostics. Private imaging center investments are booming in Poland and Turkey.
Asia Pacific is the fastest-growing region in the magnetic resonance imaging coils market analysis due to the increasing healthcare infrastructure, growing diagnostic awareness, and increasing investments in imaging modalities. China is the largest in the region and is fueled by growth in MRI systems in tier-2 and tier-3 cities, along with government-backed programs such as “Healthy China 2030,” focused on precision diagnostics. In 2024, China added more than 2,500 MRIs, 8.6% over the year before. India is following suit with increased demand on account of the increasing middle class and the government’s National Digital Health Mission, driving growth in imaging diagnostics. In spite of saturation, Japan is still developing in ultra-high-field MRI systems and is a center of component manufacture for MRI. In South Korea and Singapore, AI-driven imaging is developing, subsequently also requiring magnet-independent coil technology. Asia Pacific magnetic resonance imaging coils market share is also projected to grow at a greater rate due to rising health care expenditure, particularly in China and India.
Leading magnetic resonance imaging coils companies in the market comprise GE Healthcare, Siemens Healthineers, Koninklijke Philips N.V., Canon Medical Systems, Esaote S.p.A., MR Instruments Inc., Rapid MR International LLC, ScanMed LLC, Noras MRI Products GmbH, and Nova Medical.
In November 2024, GE HealthCare received FDA clearance for its XENOVIEW 3T Chest Coil, enhancing diagnostic capabilities for lung imaging on GE MRI systems, marking a significant step in respiratory-focused MRI technology.
In November 2023, Philips introduced its ultra-lightweight and flexible Smart Fit MR coils at RSNA 2023, aimed at improving radiology workflow efficiency and diagnostic confidence through enhanced patient comfort and image quality.
Report Attributes | Details |
---|---|
Market Size in 2024 | USD 9.13 billion |
Market Size by 2032 | USD 17.48 billion |
CAGR | CAGR of 8.47% From 2025 to 2032 |
Base Year | 2024 |
Forecast Period | 2025-2032 |
Historical Data | 2021-2023 |
Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
Key Segments | • By Type (Radiofrequency Coil, Gradient Coil) • By Application (Neurology, Cardiovascular, Spine and Musculoskeletal, Pediatric, Breast, Abdominal, and Others) • By End Use (Hospitals, Diagnostic Imaging Centers, Ambulatory Care Centers, and Others) |
Regional Analysis/Coverage | North America (US, Canada, Mexico), Europe (Germany, France, UK, Italy, Spain, Poland, Turkey, Rest of Europe), Asia Pacific (China, India, Japan, South Korea, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America) |
Company Profiles | GE Healthcare, Siemens Healthineers, Koninklijke Philips N.V., Canon Medical Systems, Esaote S.p.A., MR Instruments Inc., Rapid MR International LLC, ScanMed LLC, Noras MRI Products GmbH, and Nova Medical. |
Ans: The magnetic resonance imaging coils market size was valued at USD 9.13 billion in 2024 and is expected to reach USD 17.48 billion by 2032, growing at a CAGR of 8.47% over 2025-2032.
Ans: The growth of the magnetic resonance imaging coils market is driven by increasing demand for high-resolution diagnostic imaging, rising prevalence of chronic diseases, advancements in coil technology, and growing healthcare infrastructure investments, particularly in emerging economies.
Ans: Major players include GE Healthcare, Siemens Healthineers, Koninklijke Philips N.V., Canon Medical Systems, Esaote S.p.A., MR Instruments Inc., Rapid MR International LLC, ScanMed LLC, Noras MRI Products GmbH, and Nova Medical.
Ans: North America leads the market, particularly the U.S., due to advanced healthcare systems and high imaging volumes, followed by Europe with strong diagnostic capabilities, and Asia Pacific as the fastest-growing region due to expanding healthcare infrastructure.
Ans: Future trends include the development of AI-integrated and lightweight flexible coils, increasing demand for specialized coils for neurology and musculoskeletal imaging, and growing adoption of outpatient imaging centers and portable MRI systems.
Table of Contents
1. Introduction
1.1 Market Definition
1.2 Scope (Inclusion and Exclusions)
1.3 Research Assumptions
2. Executive Summary
2.1 Market Overview
2.2 Regional Synopsis
2.3 Competitive Summary
3. Research Methodology
3.1 Top-Down Approach
3.2 Bottom-up Approach
3.3. Data Validation
3.4 Primary Interviews
4. Market Dynamics Impact Analysis
4.1 Market Driving Factors Analysis
4.1.1 Drivers
4.1.2 Restraints
4.1.3 Opportunities
4.1.4 Challenges
4.2 PESTLE Analysis
4.3 Porter’s Five Forces Model
5. Statistical Insights and Trends Reporting
5.1 MRI Coil Adoption Rate, by Type and End-Use Setting (2024)
5.2 MRI System and Coil Install Base, by Region (2021–2032)
5.3 Healthcare Imaging Expenditure, by Region (Public, Private, Out-of-Pocket), 2024
5.4 Reimbursement and Insurance Trends for MRI Procedures (2024)
5.5 Technological Advancements and R&D Investment Trends (2024–2032)
6. Competitive Landscape
6.1 List of Major Companies, By Region
6.2 Market Share Analysis, By Region
6.3 Product Benchmarking
6.3.1 Product specifications and features
6.3.2 Pricing
6.4 Strategic Initiatives
6.4.1 Marketing and promotional activities
6.4.2 Distribution and Supply Chain Strategies
6.4.3 Expansion plans and new Product launches
6.4.4 Strategic partnerships and collaborations
6.5 Technological Advancements
6.6 Market Positioning and Branding
7. Magnetic Resonance Imaging Coils Market Segmentation by Type
7.1 Chapter Overview
7.2 Radiofrequency Coil
7.2.1 Radiofrequency Coil Market Trends Analysis (2021-2032)
7.2.2 Radiofrequency Coil Market Size Estimates and Forecasts to 2032 (USD Billion)
7.3 Gradient Coil
7.3.1 Gradient Coil Market Trends Analysis (2021-2032)
7.3.2 Gradient Coil Market Size Estimates and Forecasts to 2032 (USD Billion)
8. Magnetic Resonance Imaging Coils Market Segmentation By Application
8.1 Chapter Overview
8.2 Neurology
8.2.1 Neurology Market Trend Analysis (2021-2032)
8.2.2 Neurology Market Size Estimates and Forecasts to 2032 (USD Billion)
8.3 Cardiovascular
8.3.1 Cardiovascular Market Trends Analysis (2021-2032)
8.3.2 Cardiovascular Market Size Estimates and Forecasts to 2032 (USD Billion)
8.4 Spine and Musculoskeletal
8.4.1 Spine and Musculoskeletal Market Trends Analysis (2021-2032)
8.4.2 Spine and Musculoskeletal Market Size Estimates and Forecasts to 2032 (USD Billion)
8.5 Pediatric
8.5.1 Pediatric Market Trends Analysis (2021-2032)
8.5.2 Pediatric Market Size Estimates and Forecasts to 2032 (USD Billion)
8.6 Breast
8.6.1 Breast Market Trends Analysis (2021-2032)
8.6.2 Breast Market Size Estimates and Forecasts to 2032 (USD Billion)
8.7 Abdominal
8.7.1 Abdominal Market Trends Analysis (2021-2032)
8.7.2 Abdominal Market Size Estimates and Forecasts to 2032 (USD Billion)
8.8 Others
8.8.1 Others Market Trends Analysis (2021-2032)
8.8.2 Others Market Size Estimates and Forecasts to 2032 (USD Billion)
9. Magnetic Resonance Imaging Coils Market Segmentation By End Use
9.1 Chapter Overview
9.2 Hospitals
9.2.1 Hospitals Market Trends Analysis (2021-2032)
9.2.2 Hospitals Market Size Estimates and Forecasts to 2032 (USD Billion)
9.3 Diagnostic Imaging Centers
9.3.1 Diagnostic Imaging Centers Market Trends Analysis (2021-2032)
9.3.2 Diagnostic Imaging Centers Market Size Estimates and Forecasts to 2032 (USD Billion)
9.4 Ambulatory Care Centers
9.4.1 Ambulatory Care Centers Market Trends Analysis (2021-2032)
9.4.2 Ambulatory Care Centers Market Size Estimates and Forecasts to 2032 (USD Billion)
9.5 Others
9.5.1 Others Market Trends Analysis (2021-2032)
9.5.2 Others Market Size Estimates and Forecasts to 2032 (USD Billion)
10. Regional Analysis
10.1 Chapter Overview
10.2 North America
10.2.1 Trends Analysis
10.2.2 North America Magnetic Resonance Imaging Coils Market Estimates and Forecasts, by Country (2021-2032) (USD Billion)
10.2.3 North America Magnetic Resonance Imaging Coils Market Estimates and Forecasts, by Type (2021-2032) (USD Billion)
10.2.4 North America Magnetic Resonance Imaging Coils Market Estimates and Forecasts, By Application (2021-2032) (USD Billion)
10.2.5 North America Magnetic Resonance Imaging Coils Market Estimates and Forecasts, By End Use (2021-2032) (USD Billion)
10.2.6 USA
10.2.6.1 USA Magnetic Resonance Imaging Coils Market Estimates and Forecasts, by Type (2021-2032) (USD Billion)
10.2.6.2 USA Magnetic Resonance Imaging Coils Market Estimates and Forecasts, By Application (2021-2032) (USD Billion)
10.2.6.3 USA Magnetic Resonance Imaging Coils Market Estimates and Forecasts, By End Use (2021-2032) (USD Billion)
10.2.7 Canada
10.2.7.1 Canada Magnetic Resonance Imaging Coils Market Estimates and Forecasts, by Type (2021-2032) (USD Billion)
10.2.7.2 Canada Magnetic Resonance Imaging Coils Market Estimates and Forecasts, By Application (2021-2032) (USD Billion)
10.2.7.3 Canada Magnetic Resonance Imaging Coils Market Estimates and Forecasts, By End Use (2021-2032) (USD Billion)
10.2.8 Mexico
10.2.8.1 Mexico Magnetic Resonance Imaging Coils Market Estimates and Forecasts, by Type (2021-2032) (USD Billion)
10.2.8.2 Mexico Magnetic Resonance Imaging Coils Market Estimates and Forecasts, By Application (2021-2032) (USD Billion)
10.2.8.3 Mexico Magnetic Resonance Imaging Coils Market Estimates and Forecasts, By End Use (2021-2032) (USD Billion)
10.3 Europe
10.3.1 Trends Analysis
10.3.2 Europe Magnetic Resonance Imaging Coils Market Estimates and Forecasts, by Country (2021-2032) (USD Billion)
10.3.3 Europe Magnetic Resonance Imaging Coils Market Estimates and Forecasts, by Type (2021-2032) (USD Billion)
10.3.4 Europe Magnetic Resonance Imaging Coils Market Estimates and Forecasts, By Application (2021-2032) (USD Billion)
10.3.5 Europe Magnetic Resonance Imaging Coils Market Estimates and Forecasts, By End Use (2021-2032) (USD Billion)
10.3.6 Germany
10.3.1.6.1 Germany Magnetic Resonance Imaging Coils Market Estimates and Forecasts, by Type (2021-2032) (USD Billion)
10.3.1.6.2 Germany Magnetic Resonance Imaging Coils Market Estimates and Forecasts, By Application (2021-2032) (USD Billion)
10.3.1.6.3 Germany Magnetic Resonance Imaging Coils Market Estimates and Forecasts, By End Use (2021-2032) (USD Billion)
10.3.7 France
10.3.7.1 France Magnetic Resonance Imaging Coils Market Estimates and Forecasts, by Type (2021-2032) (USD Billion)
10.3.7.2 France Magnetic Resonance Imaging Coils Market Estimates and Forecasts, By Application (2021-2032) (USD Billion)
10.3.7.3 France Magnetic Resonance Imaging Coils Market Estimates and Forecasts, By End Use (2021-2032) (USD Billion)
10.3.8 UK
10.3.8.1 UK Magnetic Resonance Imaging Coils Market Estimates and Forecasts, by Type (2021-2032) (USD Billion)
10.3.8.2 UK Magnetic Resonance Imaging Coils Market Estimates and Forecasts, By Application (2021-2032) (USD Billion)
10.3.8.3 UK Magnetic Resonance Imaging Coils Market Estimates and Forecasts, By End Use (2021-2032) (USD Billion)
10.3.9 Italy
10.3.9.1 Italy Magnetic Resonance Imaging Coils Market Estimates and Forecasts, by Type (2021-2032) (USD Billion)
10.3.9.2 Italy Magnetic Resonance Imaging Coils Market Estimates and Forecasts, By Application (2021-2032) (USD Billion)
10.3.9.3 Italy Magnetic Resonance Imaging Coils Market Estimates and Forecasts, By End Use (2021-2032) (USD Billion)
10.3.10 Spain
10.3.10.1 Spain Magnetic Resonance Imaging Coils Market Estimates and Forecasts, by Type (2021-2032) (USD Billion)
10.3.10.2 Spain Magnetic Resonance Imaging Coils Market Estimates and Forecasts, By Application (2021-2032) (USD Billion)
10.3.10.3 Spain Magnetic Resonance Imaging Coils Market Estimates and Forecasts, By End Use (2021-2032) (USD Billion)
10.3.12 Poland
10.3.12.1 Poland Magnetic Resonance Imaging Coils Market Estimates and Forecasts, by Country (2021-2032) (USD Billion)
10.3.12.1 Poland Magnetic Resonance Imaging Coils Market Estimates and Forecasts, by Type (2021-2032) (USD Billion)
10.3.12.3 Poland Magnetic Resonance Imaging Coils Market Estimates and Forecasts, By Application (2021-2032) (USD Billion)
10.3.12.3 Poland Magnetic Resonance Imaging Coils Market Estimates and Forecasts, By End Use (2021-2032) (USD Billion)
10.3.13 Turkey
10.3.13.1 Turkey Magnetic Resonance Imaging Coils Market Estimates and Forecasts, by Type (2021-2032) (USD Billion)
10.3.13.2 Turkey Magnetic Resonance Imaging Coils Market Estimates and Forecasts, By Application (2021-2032) (USD Billion)
10.3.13.3 Turkey Magnetic Resonance Imaging Coils Market Estimates and Forecasts, By End Use (2021-2032) (USD Billion)
10.3.14 Rest of Europe
10.3.14.1 Rest of Europe Magnetic Resonance Imaging Coils Market Estimates and Forecasts, by Type (2021-2032) (USD Billion)
10.3.14.2 Rest of Europe Magnetic Resonance Imaging Coils Market Estimates and Forecasts, By Application (2021-2032) (USD Billion)
10.3.14.3 Rest of Europe Magnetic Resonance Imaging Coils Market Estimates and Forecasts, By End Use (2021-2032) (USD Billion)
10.4 Asia-Pacific
10.4.1 Trends Analysis
10.4.2 Asia-Pacific Magnetic Resonance Imaging Coils Market Estimates and Forecasts, by Country (2021-2032) (USD Billion)
10.4.3 Asia-Pacific Magnetic Resonance Imaging Coils Market Estimates and Forecasts, by Type (2021-2032) (USD Billion)
10.4.4 Asia-Pacific Magnetic Resonance Imaging Coils Market Estimates and Forecasts, By Application (2021-2032) (USD Billion)
10.4.5 Asia-Pacific Magnetic Resonance Imaging Coils Market Estimates and Forecasts, By End Use (2021-2032) (USD Billion)
10.4.6 China
10.4.6.1 China Magnetic Resonance Imaging Coils Market Estimates and Forecasts, by Type (2021-2032) (USD Billion)
10.4.6.2 China Magnetic Resonance Imaging Coils Market Estimates and Forecasts, By Application (2021-2032) (USD Billion)
10.4.6.3 China Magnetic Resonance Imaging Coils Market Estimates and Forecasts, By End Use (2021-2032) (USD Billion)
10.4.7 India
10.4.7.1 India Magnetic Resonance Imaging Coils Market Estimates and Forecasts, by Type (2021-2032) (USD Billion)
10.4.7.2 India Magnetic Resonance Imaging Coils Market Estimates and Forecasts, By Application (2021-2032) (USD Billion)
10.4.7.3 India Magnetic Resonance Imaging Coils Market Estimates and Forecasts, By End Use (2021-2032) (USD Billion)
10.4.8 Japan
10.4.8.1 Japan Magnetic Resonance Imaging Coils Market Estimates and Forecasts, by Type (2021-2032) (USD Billion)
10.4.8.2 Japan Magnetic Resonance Imaging Coils Market Estimates and Forecasts, By Application (2021-2032) (USD Billion)
10.4.8.3 Japan Magnetic Resonance Imaging Coils Market Estimates and Forecasts, By End Use (2021-2032) (USD Billion)
10.4.9 South Korea
10.4.9.1 South Korea Magnetic Resonance Imaging Coils Market Estimates and Forecasts, by Type (2021-2032) (USD Billion)
10.4.9.2 South Korea Magnetic Resonance Imaging Coils Market Estimates and Forecasts, By Application (2021-2032) (USD Billion)
10.4.9.3 South Korea Magnetic Resonance Imaging Coils Market Estimates and Forecasts, By End Use (2021-2032) (USD Billion)
10.4.10 Singapore
10.4.10.1 Singapore Magnetic Resonance Imaging Coils Market Estimates and Forecasts, by Type (2021-2032) (USD Billion)
10.4.10.2 Singapore Magnetic Resonance Imaging Coils Market Estimates and Forecasts, By Application (2021-2032) (USD Billion)
10.4.10.3 Singapore Magnetic Resonance Imaging Coils Market Estimates and Forecasts, By End Use (2021-2032) (USD Billion)
10.4.11 Australia
10.4.11.1 Australia Magnetic Resonance Imaging Coils Market Estimates and Forecasts, by Type (2021-2032) (USD Billion)
10.4.11.2 Australia Magnetic Resonance Imaging Coils Market Estimates and Forecasts, By Application (2021-2032) (USD Billion)
10.4.11.3 Australia Magnetic Resonance Imaging Coils Market Estimates and Forecasts, By End Use (2021-2032) (USD Billion)
10.4.12 Rest of Asia-Pacific
10.4.12.1 Rest of Asia-Pacific Magnetic Resonance Imaging Coils Market Estimates and Forecasts, by Type (2021-2032) (USD Billion)
10.4.12.2 Rest of Asia-Pacific Magnetic Resonance Imaging Coils Market Estimates and Forecasts, By Application (2021-2032) (USD Billion)
10.4.12.3 Rest of Asia-Pacific Magnetic Resonance Imaging Coils Market Estimates and Forecasts, By End Use (2021-2032) (USD Billion)
10.5 Middle East and Africa
10.5.1 Trends Analysis
10.5.2 Middle East and Africa East Magnetic Resonance Imaging Coils Market Estimates and Forecasts, by Country (2021-2032) (USD Billion)
10.5.3 Middle East and Africa Magnetic Resonance Imaging Coils Market Estimates and Forecasts, by Type (2021-2032) (USD Billion)
10.5.4 Middle East and Africa Magnetic Resonance Imaging Coils Market Estimates and Forecasts, By Application (2021-2032) (USD Billion)
10.5.5 Middle East and Africa Magnetic Resonance Imaging Coils Market Estimates and Forecasts, By End Use (2021-2032) (USD Billion)
10.5.6 UAE
10.5.6.1 UAE Magnetic Resonance Imaging Coils Market Estimates and Forecasts, by Type (2021-2032) (USD Billion)
10.5.6.2 UAE Magnetic Resonance Imaging Coils Market Estimates and Forecasts, By Application (2021-2032) (USD Billion)
10.5.6.3 UAE Magnetic Resonance Imaging Coils Market Estimates and Forecasts, By End Use (2021-2032) (USD Billion)
10.5.7 Saudi Arabia
10.5.7.1 Saudi Arabia Magnetic Resonance Imaging Coils Market Estimates and Forecasts, by Type (2021-2032) (USD Billion)
10.5.7.2 Saudi Arabia Magnetic Resonance Imaging Coils Market Estimates and Forecasts, By Application (2021-2032) (USD Billion)
10.5.7.3 Saudi Arabia Magnetic Resonance Imaging Coils Market Estimates and Forecasts, By End Use (2021-2032) (USD Billion)
10.5.8 Qatar
10.5.8.1 Qatar Magnetic Resonance Imaging Coils Market Estimates and Forecasts, by Type (2021-2032) (USD Billion)
10.5.8.2 Qatar Magnetic Resonance Imaging Coils Market Estimates and Forecasts, By Application (2021-2032) (USD Billion)
10.5.8.3 Qatar Magnetic Resonance Imaging Coils Market Estimates and Forecasts, By End Use (2021-2032) (USD Billion)
10.5.9 South Africa
10.5.9 1 South Africa Magnetic Resonance Imaging Coils Market Estimates and Forecasts, by Type (2021-2032) (USD Billion)
10.5.9 2 South Africa Magnetic Resonance Imaging Coils Market Estimates and Forecasts By Application (2021-2032) (USD Billion)
10.5.9 3 South Africa Magnetic Resonance Imaging Coils Market Estimates and Forecasts, By End Use (2021-2032) (USD Billion)
10.5.10 Rest of Middle East & Africa
10.5.10.1 Rest of Middle East & Africa Magnetic Resonance Imaging Coils Market Estimates and Forecasts, by Type (2021-2032) (USD Billion)
10.5.10.2 Rest of Middle East & Africa Magnetic Resonance Imaging Coils Market Estimates and Forecasts, By Application (2021-2032) (USD Billion)
10.5.10.3 Rest of Middle East & Africa Magnetic Resonance Imaging Coils Market Estimates and Forecasts, By End Use (2021-2032) (USD Billion)
10.6 Latin America
10.6.1 Trends Analysis
10.6.2 Latin America Magnetic Resonance Imaging Coils Market Estimates and Forecasts, by Country (2021-2032) (USD Billion)
10.6.3 Latin America Magnetic Resonance Imaging Coils Market Estimates and Forecasts, by Type (2021-2032) (USD Billion)
10.6.4 Latin America Magnetic Resonance Imaging Coils Market Estimates and Forecasts, By Application (2021-2032) (USD Billion)
10.6.5 Latin America Magnetic Resonance Imaging Coils Market Estimates and Forecasts, By End Use (2021-2032) (USD Billion)
10.6.6 Brazil
10.6.6.1 Brazil Magnetic Resonance Imaging Coils Market Estimates and Forecasts, by Type (2021-2032) (USD Billion)
10.6.6.2 Brazil Magnetic Resonance Imaging Coils Market Estimates and Forecasts, By Application (2021-2032) (USD Billion)
10.6.6.3 Brazil Magnetic Resonance Imaging Coils Market Estimates and Forecasts, By End Use (2021-2032) (USD Billion)
10.6.7 Argentina
10.6.7.1 Argentina Magnetic Resonance Imaging Coils Market Estimates and Forecasts, by Type (2021-2032) (USD Billion)
10.6.7.2 Argentina Magnetic Resonance Imaging Coils Market Estimates and Forecasts, By Application (2021-2032) (USD Billion)
10.6.7.3 Argentina Magnetic Resonance Imaging Coils Market Estimates and Forecasts, By End Use (2021-2032) (USD Billion)
10.6.8 Rest of Latin America
10.6.8.1 Rest of Latin America Magnetic Resonance Imaging Coils Market Estimates and Forecasts, by Type (2021-2032) (USD Billion)
10.6.8.2 Rest of Latin America Magnetic Resonance Imaging Coils Market Estimates and Forecasts, By Application (2021-2032) (USD Billion)
10.6.8.3 Rest of Latin America Magnetic Resonance Imaging Coils Market Estimates and Forecasts, By End Use (2021-2032) (USD Billion)
12. Company Profiles
12.1 GE Healthcare
12.1.1 Company Overview
12.1.2 Financial
12.1.3 Products/ Services Offered
12.1.4 SWOT Analysis
12.2 Siemens Healthineers
12.2.1 Company Overview
12.2.2 Financial
12.2.3 Products/ Services Offered
12.2.4 SWOT Analysis
12.3 Koninklijke Philips N.V.
12.3.1 Company Overview
12.3.2 Financial
12.3.3 Products/ Services Offered
12.3.4 SWOT Analysis
12.4 Canon Medical Systems
12.4.1 Company Overview
12.4.2 Financial
12.4.3 Products/ Services Offered
12.4.4 SWOT Analysis
12.5 Esaote S.p.A.
12.5.1 Company Overview
12.5.2 Financial
12.5.3 Products/ Services Offered
12.5.4 SWOT Analysis
12.6 MR Instruments Inc.
12.6.1 Company Overview
12.6.2 Financial
12.6.3 Products/ Services Offered
12.6.4 SWOT Analysis
12.7 Rapid MR International LLC
12.7.1 Company Overview
12.7.2 Financial
12.7.3 Products/ Services Offered
12.7.4 SWOT Analysis
12.8 ScanMed LLC
12.8.1 Company Overview
12.8.2 Financial
12.8.3 Products/ Services Offered
12.8.4 SWOT Analysis
12.9 Noras MRI Products GmbH
12.9.1 Company Overview
12.9.2 Financial
12.9.3 Products/ Services Offered
12.9.4 SWOT Analysis
12.10 Nova Medical
12.10.1 Company Overview
12.10.2 Financial
12.10.3 Products/ Services Offered
12.10.4 SWOT Analysis
12. Use Cases and Best Practices
13. Conclusion
An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.
Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.
The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
Step 3: Data Bank Validation
Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
Step 4: QA/QC Process
After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.
Step 5: Final QC/QA Process:
This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.
Key Segments
By Type
Radiofrequency Coil
Gradient Coil
By Application
Neurology
Cardiovascular
Spine and Musculoskeletal
Pediatric
Breast
Abdominal
Others
By End Use
Hospitals
Diagnostic Imaging Centers
Ambulatory Care Centers
Others
Request for Segment Customization as per your Business Requirement: Segment Customization Request
Regional Coverage:
North America
US
Canada
Mexico
Europe
Germany
France
UK
Italy
Spain
Poland
Turkey
Rest of Europe
Asia Pacific
China
India
Japan
South Korea
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
UAE
Saudi Arabia
Qatar
South Africa
Rest of Middle East & Africa
Latin America
Brazil
Argentina
Rest of Latin America
Request for Country Level Research Report: Country Level Customization Request
Available Customization
With the given market data, SNS Insider offers customization as per the company’s specific needs. The following customization options are available for the report:
Detailed Volume Analysis
Criss-Cross segment analysis (e.g., Product X Application)
Competitive Product Benchmarking
Geographic Analysis
Additional countries in any of the regions
Customized Data Representation
Detailed analysis and profiling of additional market players