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MRI Coils Market Size 2021-Global Industry Share, Key Growth Drivers Trends, Segments, Emerging Technologies, Opportunity and Forecast 2021 to 2028

The MRI Coils Market is expected to reach USD 387.53 million by 2028 from USD 284.67 million in 2020, growing with a CAGR of 4.1% in the forecast period of 2021 to 2028. Increase in prevalence of chronic diseases and rising geriatric population is anticipated to drive the growth of the MRI coils market.

MRI Coils Market 2021 Industry Report presents the best market and business solutions to MRI Coils industry in this rapidly revolutionizing market place to thrive in the market. This report focuses on the global Industry status, Size, Share, Robust Expansion, key players and Forecast 2028. The study objectives are to present the MRI Coils development in North America, China, Europe, and South East Asia, Japan as well as in the Globe. This MRI Coils market research report is a careful investigation of current scenario of the market and future estimations which spans several market dynamics. Market definition gives the scope of particular product with respect to the driving factors and restraints in the market. Competitor strategies such as new product launches, expansions, agreements, joint ventures, partnerships, and acquisitions can be utilized well by the MRI Coils industry to take better steps for selling goods and services.

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  • 350+ Pages Research Report
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  • Updated 2021 Regional Analysis with Graphical Representation of Size, Share & Trends
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  • Report Includes updated 2021 Top Market Players with their latest Business Strategy, Sales Volume, and Revenue Analysis
  • Data Bridge Market Research updated research methodology


Global MRI Coils Market is forecasted to grow at 4.1% with factor such as technological advancements along with rise in geriatric population.

However, the high cost of MRI coils, product recall and increasing usage of refurbished and reused MRI coils are expected to hamper the growth of the global MRI coils market in the forecast period.

According to Data Bridge Market Research, the market for MRI coils market in North America region has the highest market share followed by Europe and Asia-Pacific. Market leader Siemens Healthcare GmbH with the largest market share of 24.42%, followed by Koninklijke Philips N.V. 18.32% in the global market. The Company has gained outstanding sale through providing MRI Coils products.

Global MRI Coils Market: Competitive Analysis

This section of the report identifies various key manufacturers of the market. It helps the reader understand the strategies and collaborations that players are focusing on combat competition in the market. The comprehensive report provides a significant microscopic look at the market. The reader can identify the footprints of the manufacturers by knowing about the global revenue of manufacturers, the global price of manufacturers, and sales by manufacturers during the forecast period of 2010 to 2020. MRI Coils Market report focuses on price, sales, revenue and growth rate of each type, as well as the types and each type price of key manufacturers, through interviewing key manufacturers.

The Segments and Sub-Section of MRI Coils Market are shown below:

By Product Type (Phased-Array, Quadrature)

By Type (Volume Coils, Gradient Coils, Radiofrequency Coils, Surface, Others)

By Application (Neuroimaging, Cardiovascular, Musculoskeletal, Gastrointestinal, Pediatric, Breast, Others)

By End User (Hospitals, Diagnostic Imaging Centre, Others)

By Distribution Channel (Direct Tenders, Retail Sales)

Top Listed Manufacturers for Global MRI Coils Market are:

  • GE Healthcare
  • Koninklijke Philips N.V.
  • Siemens Healthcare GmbH
  • NORAS MRI products
  • Hitachi, Ltd.
  • Bruker
  • Monteris
  • Nael Medical – Part of NBHH Group
  • CANON MEDICAL SYSTEMS USA, INC.(a subsidiary of Canon Inc.)
  • …..

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The Scope of this report:              

The report provides major statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market. The report focuses on major leading MRI Coils industry players with information such as company profiles, product picture and specification, capacity, production, price, cost, revenue and contact information. Upstream raw materials, equipment and downstream consumers analysis is also carried out. MRI Coils industry development trends and marketing channels are analysed.

MRI Coils Market report provides brief analysis of existing competitors which can impact the industry outlook during the forecast period. Furthermore, the report also offers an in-depth assessment of the MRI Coils market by highlighting data on several aspects that may include major market trends, opportunities, market drivers, as well as threats. MRI Coils Market Research report presents an in-depth analysis of the MRI Coils market size, growth, share, segments, manufacturers, and technologies, key trends, market drivers, challenges, standardization, deployment models, opportunities, future roadmap, and 2027 forecast.

Trends Impacting the Market

Now the question is which other regions Siemens Healthcare GmbH, Koninklijke Philips N.V. and GE Healthcare are targeting? Data Bridge Market Research has estimated a large growth in North America MRI coils market and the market leaders targeting the U.S, Canada and Mexico to be their next revenue pockets for 2020.

The MRI coils market is becoming more competitive every year with companies such as Siemens Healthcare GmbH, Koninklijke Philips N.V. and GE Healthcare   as they are the market leaders for MRI coils. The Data Bridge Market Research new reports highlight the major growth factors and opportunities in the MRI coils market.

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MRI Coils Market offers detailed research and analysis of key aspects of the MRI Coils market. Readers will be able to gain deeper understanding of the competitive landscape and its future scenarios, crucial dynamics, and leading segments of the global MRI Coils market. It provides analysis and information by categories such as market segments, regions, and product type and distribution channels. Upstream raw materials and instrumentation and downstream demand analysis are additionally dispensed. The Global MRI Coils market development trends and marketing channels are analysed.

Global MRI Coils Market: Regional Analysis

The research report includes specific segments by region (country), by company, by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2020 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

Global MRI Coils Market Scope and Market Size

The MRI coils market is segmented into five notable segments which are based on the product type, type, application, end user and distribution channel. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.

On the basis of product type, the MRI coils market is segmented into phased array and quadrature. In 2021, phased array segment holds the highest market share as it produces higher signal-to-noise ratio producing high resolution images, ideal for diagnostic use, works well for vascular, neurological and orthopedic needs.

On the basis of type, the MRI coils market is segmented into volume coils, gradient coils, radiofrequency coils, surface and others. In 2021, radiofrequency coils segment holds the highest market share as it is sensitive in nature and provides good quality images of the anatomy under consideration.

On the basis of application, the MRI coils market is segmented into neuroimaging, cardiovascular, musculoskeletal, gastrointestinal, pediatric, breast and others. In 2021, neuroimaging segment holds the highest market share as it is capable of providing high quality images taking lesser time in the process of imaging.

On the basis of end user, the MRI coils market is segmented into hospitals, diagnostic imaging centre and others. In 2021, hospitals segment is expected to grow due to increasing demand of advanced technology based magnetic resonance imaging devices among the end users.

On the basis of distribution channel, the MRI coils market is segmented into direct tenders and retail sales. In 2021, retail sales segment is expected to dominate because retail sales provide online platform to buy MRI coils that can be delivered at the desired destination.

Regions Covered in MRI Coils Market Report:

  • North America (United States, Canada and Mexico)
  • Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
  • Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
  • South America (Brazil etc.)
  • Middle East and Africa (Egypt and GCC Countries)

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Study objectives of MRI Coils Market Report:

  • To provide a detailed analysis of the market structure along with the forecast of various segments and sub-segments of the global MRI Coils market
  • To provide insights into factors influencing and affecting MRI Coils market growth
  • To provide historical, current, and forecast revenue of market segments based on material, type, design, and end user
  • To provide economic factors, technology trends, and market trends that influence the global MRI Coils market
  • To provide historical, current, and forecast revenue of market segments and sub-segments with respect to regional markets and key countries
  • To provide strategic profiling of key players in the market, comprehensively analysing their market shares, core competencies, and drawing a competitive landscape for the market
  • To provide strategic profiling of key players in the market, comprehensively analysing their market shares, core competencies, and drawing a competitive landscape for the market

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Containment& MRI Coils Table of Contents

  • Report Overview: It includes the objectives and scope of the study and gives highlights of key market segments and players covered. It also includes years considered for the research study.
  • Executive Summary: It covers industry trends with high focus on market use cases and top market trends, market size by regions, and global market size. It also covers market share and growth rate by regions.
  • Key Players: Here, the report concentrates on mergers and acquisitions, expansions, analysis of key players, establishment date of companies, and areas served, manufacturing base, and revenue of key players.
  • Breakdown by Product and Application: This section provides details about market size by product and application.
  • Regional Analysis: All of the regions and countries analyzed in the report are studied on the basis of market size by product and application, key players, and market forecast.
  • Profiles of International Players: Here, players are evaluated on the basis of their gross margin, price, sales, revenue, business, products, and other company details.
  • Market Dynamics: It includes supply chain analysis, analysis of regional marketing, challenges, opportunities, and drivers analyzed in the report.
  • Key Findings of the Research Study
  • Appendix: It includes details about research and methodology approach, research methodology, data sources, authors of the study, and a disclaimer.

Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Europe or Asia.

Browse Related Reports

Europe MRI Coils Market Size, Share, Growth, Industry Trends and Forecast to 2028

North America MRI Coils Size, Share, Growth, Industry Trends and Forecast to 2028

Asia-Pacific MRI Coils Size, Share, Growth, Industry Trends and Forecast to 2028             

Middle East and Africa MRI Coils Size, Share, Growth, Industry Trends and Forecast to 2028

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Last Updated: 21-May-2021