Magnetic Resonance Imaging Coils Market Overview

The Magnetic Resonance Imaging Coils Market is anticipated to experience substantial growth from 2025 to 2033, increasing prevalence of chronic diseases, such as neurological & cardiovascular disorders, and cancer, is expected to drive the market. With an estimated valuation of approximately USD 9.8 billion in 2025, the market is expected to reach USD 19.3 billion by 2033, registering a robust compound annual growth rate (CAGR) of 9.0% over the decade.

Magnetic Resonance Imaging (MRI) coils are essential components of MRI systems that play a critical role in acquiring high-resolution images of the human body. These coils act as antennas that transmit radiofrequency (RF) signals into the body and receive the returning signals, which are then processed to create detailed cross-sectional images of internal structures. MRI coils come in various types, including surface coils, volume coils, and phased-array coils, each designed for specific anatomical regions and imaging purposes. Among these, radiofrequency (RF) coils are the most widely used due to their ability to enhance signal-to-noise ratio, improve image quality, and reduce scan times.

The demand for MRI coils has been rising steadily with the increasing prevalence of chronic conditions, neurological and musculoskeletal disorders, and the growing need for early diagnosis. Technological advancements, such as the development of multi-channel and flexible coils, are further enhancing diagnostic capabilities and patient comfort. Additionally, the growing installation of MRI systems across hospitals, diagnostic imaging centers, and research facilities is boosting the adoption of advanced coil technologies. As healthcare providers seek faster, more accurate, and less invasive diagnostic tools, MRI coils continue to evolve, playing a pivotal role in expanding the capabilities and efficiency of modern medical imaging.

Magnetic Resonance Imaging Coils Market Drivers and Opportunities

Rising Prevalence of Chronic Diseases is anticipated to lift the Magnetic Resonance Imaging Coils Market during the forecast period

The increasing prevalence of chronic diseases such as cancer, cardiovascular disorders, and neurological conditions is a major driver of the MRI coils market. These health conditions require frequent and detailed diagnostic imaging for early detection, treatment planning, and monitoring. MRI, known for its superior soft-tissue contrast and non-invasive nature, is widely used in diagnosing such ailments. High-quality imaging coils, especially radiofrequency and phased-array coils, are critical for obtaining clear, accurate images that can help clinicians make precise diagnoses. As the global population ages and lifestyle-related health issues rise, the demand for MRI procedures continues to grow, consequently driving the need for advanced coils. Additionally, public awareness about the benefits of early diagnosis and regular health screenings is increasing, further boosting the adoption of MRI technology and its components. Healthcare infrastructure expansion in emerging economies is also supporting the upward trajectory of the MRI coils market.

Technological Advancements in MRI Coil Design Drive Global Magnetic Resonance Imaging Coils Market

Rapid technological advancements in MRI coil design have significantly propelled the growth of the market. Innovations such as multi-channel coils, flexible and lightweight coil designs, and integrated digital receivers have enhanced image resolution, scanning speed, and patient comfort. These advancements enable better visualization of complex anatomical structures, allowing for more accurate diagnoses in clinical specialties such as neurology, orthopedics, and oncology. Modern coils are designed to be adaptable and compatible with high-field MRI systems, further improving performance and efficiency. The development of anatomically shaped and application-specific coils, such as dedicated breast or cardiac coils, caters to targeted diagnostic needs, expanding their utility across diverse medical scenarios. Furthermore, improved coil ergonomics and ease of use support high-throughput imaging environments like diagnostic centers. As healthcare providers seek high-performance diagnostic tools, ongoing innovation in coil technologies continues to drive market expansion by offering superior image quality and patient-centric features.

Opportunity for the Magnetic Resonance Imaging Coils Market

Expansion in Emerging Markets is a significant opportunity in the global Magnetic Resonance Imaging Coils Market

The MRI coils market has significant growth opportunities in emerging economies, particularly in Asia-Pacific, Latin America, and parts of the Middle East and Africa. These regions are witnessing rapid development in healthcare infrastructure, increased healthcare spending, and greater government focus on improving diagnostic capabilities. The growing middle-class population and rising awareness of advanced medical technologies are fueling the demand for MRI systems and associated components like coils. Moreover, the increasing burden of chronic and lifestyle diseases in these regions necessitates better diagnostic solutions, creating demand for cost-effective and efficient imaging tools. Many international players are expanding their footprint in emerging markets through partnerships, local manufacturing, and product customization to meet region-specific needs. Additionally, initiatives to train healthcare professionals and expand imaging services in rural areas are opening new avenues for MRI coil manufacturers. These developments represent a strong opportunity for market players to tap into a vast, underserved customer base.

Magnetic Resonance Imaging Coils Market Scope

Magnetic Resonance Imaging Coils Market Report Segmentation Analysis

The global Magnetic Resonance Imaging Coils Market industry analysis is segmented by coil type, by application and by end-user, and by region.

Radiofrequency (RF) Coils Coil Type segment leading the magnetic resonance imaging coils market

The Radiofrequency (RF) coils segment is leading the MRI coils market due to their crucial role in enhancing image quality and resolution during MRI scans. RF coils function as both transmitters and receivers of radio waves, providing optimal signal-to-noise ratios necessary for detailed anatomical imaging. The growing preference for advanced diagnostic imaging, particularly in complex clinical cases, has increased the demand for RF coils. These coils are adaptable to various body parts and applications, including head, spine, cardiac, and extremity imaging. Technological advancements, such as phased-array and multi-channel RF coils, have further improved imaging speed and clarity. Their compatibility with high-field and ultra-high-field MRI systems enhances diagnostic accuracy, making them a preferred choice among radiologists. As healthcare providers aim for precision diagnostics and faster scanning times, the demand for sophisticated RF coil systems continues to grow, securing their dominance in the market.

The neurology application segment holds a major share in the magnetic resonance imaging coils market 

The neurology application segment holds the major share in the MRI coils market owing to the increasing global burden of neurological disorders such as Alzheimer’s disease, Parkinson’s disease, epilepsy, and multiple sclerosis. MRI plays a vital role in the early and accurate diagnosis of these conditions, and high-quality imaging coils are essential for capturing detailed images of the brain and spinal cord. The demand for specialized neuroimaging coils, such as head coils and functional MRI coils, has surged with the growing focus on neurodegenerative disease research and personalized medicine. Furthermore, advanced neuroimaging techniques like diffusion tensor imaging (DTI) and functional MRI (fMRI) require highly sensitive coils that deliver superior resolution and contrast. Investments in neuroscience and brain health research, especially in developed regions, further drive the demand for MRI systems tailored for neurological applications. This combination of clinical need and technological innovation makes neurology the dominant application segment in the market.

Diagnostic Imaging Centers' end-user segment dominates in magnetic resonance imaging coils market

Diagnostic imaging centers are dominating the MRI coils market as the primary end-user segment due to their increasing role in providing accessible and cost-effective imaging services. These centers serve as critical hubs for outpatient imaging, reducing the burden on hospital systems and enabling faster diagnosis and treatment. With a growing patient preference for non-hospital settings, imaging centers are investing heavily in state-of-the-art MRI equipment, including advanced coil systems that improve scan quality and patient comfort. The adoption of specialized coils for diverse diagnostic needs—such as orthopedic, neurological, and abdominal imaging—has become a standard to ensure competitive service offerings. Additionally, these centers often operate on a high-throughput model, making coil efficiency and durability essential. Their agility in adopting new technologies, combined with increased diagnostic demand from aging populations and chronic disease prevalence, has positioned diagnostic imaging centers as the leading end-user in the global MRI coils market.

The following segments are part of an in-depth analysis of the global Magnetic Resonance Imaging Coils Market:

Magnetic Resonance Imaging Coils Market Share Analysis by Region

North America region is projected to hold the largest share of the global Magnetic Resonance Imaging Coils Market over the forecast period.

North America is projected to hold the largest share of the global Magnetic Resonance Imaging (MRI) Coils Market over the forecast period, driven by several key factors. The region's well-established healthcare infrastructure, combined with significant investments in medical imaging technologies, supports strong market growth. The high prevalence of chronic diseases such as cancer, cardiovascular disorders, and neurological conditions in the U.S. and Canada increases the demand for advanced diagnostic tools like MRI systems equipped with high-quality coils. Additionally, the presence of leading medical device manufacturers, ongoing research and development activities, and favourable reimbursement policies contribute to regional dominance. North America also benefits from a high adoption rate of technologically advanced MRI systems in both hospitals and diagnostic imaging centres. Moreover, the rising geriatric population and increasing awareness about early diagnosis are further boosting the need for enhanced imaging capabilities. These factors collectively position North America as the leading market for MRI coils globally.

Magnetic Resonance Imaging Coils Market Competition Landscape Analysis

The market is competitive, with several established players and new entrants offering a range of MRI coil products. Some of the key players include Siemens Healthineers, Philips Healthcare, Canon Medical Systems Corporation, Hitachi Medical Systems, ESAOTE S.p.A., MR Instruments, Inc., RAPID MR International LLC, and others.

Global Magnetic Resonance Imaging Coils Market Recent Developments News:

• In January 2025, InkSpace Imaging received FDA 510(k) clearance for its ultralightweight, flexible 1.5T 24-channel MR coil, designed for Siemens Healthineers’ Magnetom scanners. This coil streamlines setup workflows, boosts spatial resolution, and enhances patient comfort through its flexible design.
• In May 2025, United Imaging showcased a groundbreaking whole-body 8‑channel parallel-transmit coil for its 5T uMR Jupiter scanner, along with revealing its FDA-pending 3T MRI coil, signaling advanced transmit coil technology and pipeline expansion.
• In December 2023, RSNA 2023 (November 2023): Debuted three flexible, lightweight coils under the “MR Smart Fit” line, featuring AI‑powered SmartSpeed reconstruction to enhance image quality and reduce patient setup time.

The Global Magnetic Resonance Imaging Coils Market is dominated by a few large companies, such as

●        GE HealthCare

●        Siemens Healthineers

●        Philips Healthcare

●        Canon Medical Systems Corporation

●        Hitachi Medical Systems

●        ESAOTE S.p.A.

●        MR Instruments, Inc.

●        RAPID MR International, LLC

●        Scanmed, LLC

●        NORAS MRI products GmbH

●        Monteris Medical

●        Time Medical Holding

●        Medspira

●        Shanghai Chenguang Medical Technologies Co., Ltd.

●        Invivo Corporation

●        Other Prominent Players