According to the Market Statsville Group (MSG), the Global Brain MRI Scan Market size is expected to grow at a CAGR of 6.1% from 2025 to 2033.
Due to the increasing number of cases of tumors, cancers, injuries, and other types of diseases as well as the result of ongoing investments being made in the establishment, is driving the growth of brain MRI scan market. The functional magnetic resonance imaging system uses light as part of its non-invasive disease and injury detection and investigation method, making it easier for medical professionals to treat patients with these conditions. The MRI was developed as a result of the drawbacks and dangers associated with radioactive technology's UV radiation.
The COVID-19 pandemic significantly impacted the healthcare sector. It had a negative impact on the market for brain MRI scans. Pandemic lockdowns and isolation make diagnosis, management, and therapy more challenging. The government's implementation of the lockdown and social isolation measures to contain the COVID-19 pandemic outbreak resulted in the emergence of several difficulties, including service denial, the suspension or cancellation of various operations, the cancellation or postponement of brain diagnostic services, stifling business growth, and the suspension of new developments, further restricting the industry's growth. However, adopting advanced technologies creates a positive outlook for the market. The MRI scan market, supported by the European Union, was improved with the introduction of artificial intelligence. Around 20,000 CT scans are scanned using artificial intelligence MRI scanners. Moreover, fewer COVID-19 patients are being treated globally, leading to more people needing wound care treatments. Consequently, after COVID-19, the market for brain MRI scans will expand quickly.
The global brain MRI scan market is significantly driven by the growing demand for high-field strength MRI machines, owing to their enhanced diagnostic accuracy and performance in a wide range of clinical applications. Numerous research studies have validated the superior imaging capabilities of these machines, especially in the areas of neurology and musculoskeletal assessment.
Development in this field is advancing rapidly, with several companies receiving regulatory approval for their products. For instance, in November 2020, the U.S. FDA approved GE Healthcare’s SIGNA 7.0T MRI scanner, which can be used in both clinical and research settings. This advancement supports the diagnosis and monitoring of various neurologic and musculoskeletal conditions.
Currently, only a limited number of institutions, such as Mayo Clinic, Brigham and Women’s Hospital, The University of Iowa, and University of Southern California, have installed these high-field MRI systems. These installations have expanded research capabilities and opened new avenues in brain imaging.
While 7T MRI scanners are primarily used for brain imaging due to the current lack of advanced coils for broader applications, ongoing technological developments are expected to overcome this limitation. The development of specialized coils is projected to broaden the clinical use of 7T MRI machines, fueling market growth over the forecast period.
One of the major constraints to market growth is the strict regulatory environment governing the approval and use of MRI systems, particularly for procedures involving brain tumors and malignancies. Governments in several countries impose comprehensive documentation and compliance requirements for the introduction of new imaging technologies. This complex and time-consuming approval process often delays product launches and deters manufacturers from entering the market.
In addition to regulatory barriers, the high cost of MRI systems presents a significant challenge. These costs limit accessibility, especially for patients in low-income regions who may not have insurance or sufficient financial support. As a result, the adoption rate of MRI technology remains lower than its potential, hindering overall market expansion.
The growing number of diagnostic centers and the expansion of healthcare infrastructure, particularly in emerging markets, offer substantial growth opportunities for the brain MRI scan market. Universal healthcare coverage in countries such as the U.S., Canada, and several European nations reduces out-of-pocket expenses, thereby encouraging patients to seek regular MRI testing and treatment.
In the U.S., programs like Medicare, Medicaid, and the State Children’s Health Insurance Program (SCHIP) cover approximately 80–90% of medical costs for most citizens. Similarly, Canadian citizens benefit from public healthcare under Medicare. According to the OECD, the U.S. had approximately 34.54 MRI units per million people in 2020, highlighting the widespread availability of this technology.
Further, the integration of artificial intelligence (AI) into MRI systems is expected to significantly enhance imaging efficiency, accuracy, and speed, thus contributing to market growth.
Emerging countries are also witnessing infrastructural developments in MRI technology. For example, in November 2021, India’s National Brain Research Centre (NBRC) in Manesar, Haryana, inaugurated a state-of-the-art MRI facility featuring the Siemens PRISMA 3T MRI scanner. This development underscores the growing adoption of advanced MRI systems in research and clinical settings across developing nations.
The study categorizes the brain MRI scan market based on machine type, field of strength, and brain disorder area at the regional and global levels.
North America held the largest share of the brain MRI scan market and is expected to maintain its dominance throughout the forecast period. This leadership is driven by the region’s early adoption of advanced technologies, continuous product innovations, and strong presence of key market players.
The region benefits from a well-established healthcare infrastructure and widespread access to cutting-edge MRI systems, enabling faster and more accurate diagnoses. Furthermore, supportive regulatory frameworks and significant investments in healthcare technology further fuel market growth.
The Brain MRI Scan Market is a significant competitor and extremely cutthroat in the sector are using strategies including product launches, partnerships, acquisitions, agreements, and growth to enhance their market positions. Most sector businesses focus on increasing their operations worldwide and cultivating long-lasting partnerships.
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