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04-Feb-2025

Global MRI-Compatible IV Infusion Pump Systems Market Poised for Robust Growth, Projected to Reach USD 763.9 Million by 2035

MRI-Compatible IV Infusion Pump Systems Market

The global market for MRI-compatible IV infusion pump systems is set for significant expansion, driven by advancements in medical imaging and increasing demand for safe and efficient intravenous therapy solutions. According to recent market projections, global sales are expected to be valued at USD 308.2 million in 2025 and are anticipated to soar to USD 763.9 million by 2035, reflecting a compound annual growth rate (CAGR) of 9.5% over the forecast period.

The industry has already witnessed notable growth, with revenues reaching USD 281.5 million in 2024. This upward trajectory is fueled by the rising prevalence of chronic diseases, increasing MRI procedures worldwide, and the growing need for infusion pumps that ensure uninterrupted medication delivery during imaging scans.

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MRI-compatible IV infusion pump systems are essential for delivering medications, fluids, and anesthesia to critically ill patients undergoing MRI procedures. These devices eliminate the risks associated with conventional infusion pumps that may interfere with magnetic resonance imaging, thereby enhancing patient safety and treatment accuracy.

As healthcare facilities continue to prioritize patient safety and operational efficiency, the demand for advanced MRI-compatible infusion pump systems is expected to accelerate. The integration of wireless connectivity, AI-driven monitoring, and enhanced battery technology is further contributing to market expansion.

With innovations and regulatory advancements shaping the industry landscape, key market players are focusing on expanding their product portfolios and investing in R&D to meet evolving clinical needs. As a result, the MRI-compatible IV infusion pump systems market is positioned for substantial growth in the coming decade.

Key Drivers:

  • Rising Prevalence of Chronic Diseases: The increasing incidence of conditions such as cancer necessitates frequent imaging and continuous medication delivery during MRI procedures, boosting demand for compatible infusion systems.
  • Technological Advancements: Innovations in MRI-compatible infusion pump technology enhance safety and efficiency, making them more appealing to healthcare providers.

Key Takeaways: MRI-Compatible IV Infusion Pump Systems Market

  • Global sales of MRI-compatible IV infusion pump systems are projected to grow from USD 308.2 million in 2025 to USD 763.9 million by 2035, reflecting a CAGR of 9.5% during the forecast period.
  • The market was valued at USD 281.5 million in 2024, indicating steady growth.
  • United States Expected to grow at a 3.3% CAGR (2025-2035).
  • Germany Anticipated expanding at a 4.2% CAGR (2025-2035).
  • France Forecasted to register a 3.5% CAGR (2025-2035).
  • Spain set to exhibit a 4.1% CAGR (2025-2035).
  • China Poised for significant growth with a 6.2% CAGR (2025-2035).
  • India Expected to lead with the highest 7.4% CAGR (2025-2035).
  • Australia & New Zealand Forecasted to grow at a 5.6% CAGR (2025-2035).
  • South Korea Estimated to expand at a 5.0% CAGR (2025-2035).

This highlights strong growth potential for MRI-compatible IV infusion pump systems, particularly in emerging markets like China and India, while established markets such as the United States and Germany continue steady expansion.

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Competitive Landscape

Market players are employing various strategies to maintain a competitive edge, including product differentiation through innovative formulations and strategic partnerships with healthcare providers for enhanced distribution. Additionally, companies are actively seeking collaborations to strengthen their product portfolios and expand their global market reach.

Recent Industry Developments in the MRI-Compatible IV Infusion Pump Systems Market

  • In December 2024, IRADIMED CORPORATION secured the 24th spot on Forbes’ list of America’s Most Successful Small-Cap Companies 2025. As a leader in MRI-compatible medical devices, Iradimed remains the only provider of a non-magnetic IV infusion pump system and non-magnetic patient vital signs monitoring systems designed for safe use during MRI procedures.

MRI-Compatible IV Infusion Pump Systems Industry Analysis, By Key Players

  • Becton, Dickinson Company (Carefusion)
  • Baxter International Inc.
  • B.Braun Melsungen AG
  • iRadimed Corporation
  • Fresenius Kabi AG
  • Smiths Medical (Smiths Group plc.)
  • Arcomed AG

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MRI-Compatible IV Infusion Pump Systems Industry Outlook, By Key Segments

By Product Type:

In terms of product type, the industry is divided into- non-magnetic MRI-compatible IV infusion pumps and magnetic-resistant MRI-compatible IV infusion pumps.

By Application:

In terms of application, the industry is segregated into- neurological disorders, oncology, cardiovascular disorders, orthopedic applications and others.

By End User:

In terms of end user, the industry is segregated into- hospitals, diagnostic imaging centers, ambulatory surgical centers (ASCs) and specialty clinics.

By Region:

Key countries of North America, Latin America, Western Europe, Eastern Europe, South Asia and Pacific, East Asia and Middle East and Africa (MEA) have been covered in the report.

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Last Updated: 04-Feb-2025