Dublin, May 21, 2025 (GLOBE NEWSWIRE) -- The "USA MRI Market - Forecasts from 2025 to 2030" has been added to ResearchAndMarkets.com's offering.
The USA MRI market, estimated at $1.396 billion in 2025, is anticipated to expand at a CAGR of 4.32%, reaching $1.846 billion by 2030
The market's growth is propelled by rising chronic diseases, particularly cancer and trauma cases, combined with continuing advancements in MRI technology. The expanding aging population is significantly increasing demand for MRI technology. The increased prevalence of cancer and trauma cases necessitates advanced diagnostic imaging systems like MRI, valued for their non-invasive nature and effective imaging capabilities.
Additionally, product launches by key market players, such as the 7 Tesla systems, are bolstering market growth. Notably, over 30 US institutions are equipped with a 7-Tesla MRI, which can image below a millimeter of tissue as per the University of Texas Southwestern Medical Center.
Market Trends:
- Rising Chronic Diseases: Chronic diseases like cancer are on the rise in the US. Predictions for 2024 anticipate around 611,720 cancer-related deaths and 2,001,140 new cases, emphasizing the urgent need for early diagnosis and advanced MRI technology.
- Integration of Artificial Intelligence in MRI Systems: AI integration is revolutionizing MRI technology, exemplified by Philips SmartSpeed, which enhances image reconstruction. This offers a 65% increase in resolution and triples the speed of scan times, boosting diagnostic accuracy.
- Shortage of Skilled Technicians: A shortage of skilled MRI technicians is a major challenge in the USA, exacerbated by a general shortage of clinical staff, heightening pressure on the market to meet demand.
- Impact on Healthcare System: The increasing prevalence of chronic diseases demanding advanced diagnostics is straining the healthcare system.
- Future Projections: As the demographic ages, with chronic disease burden rising, diagnostic technology demand will surge, necessitating workforce development and technological advances for optimal healthcare delivery.
Key Benefits of this Report:
- Insightful Analysis: Comprehensive insights into major and emerging geographical regions, consumer segments, government policies, and industry specifics.
- Competitive Landscape: Analysis of global strategic maneuvers by key players to guide market penetration strategies.
- Market Drivers & Future Trends: Identifying dynamic factors and trends shaping future market directions.
- Actionable Recommendations: Strategic insights for business development, revealing new revenue streams in dynamic markets.
- Caters to a Wide Audience: Cost-effective for startups, researchers, consultants, SMEs, and enterprises.
Report Usage:
- 2022-2024 historical data and 2025-2030 forecast data
- Growth opportunities, challenges, supply chain insights, and regulatory frameworks
- Competitive positioning and market share analysis
- Revenue growth forecasts for segments and regions
Company Profiling: Strategies, Products, Financial Data, and Key Developments
- General Electric Company
- Siemens Healthineers
- Canon Medical Systems Corporation
- Koninklijke Philips N.V.
- Hitachi Medical Corporation
- Fujifilm Healthcare Solutions
- Esaote
- Bruker Corporation
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 101 |
| Forecast Period | 2025 - 2030 |
| Estimated Market Value (USD) in 2025 | $1.4 Billion |
| Forecasted Market Value (USD) by 2030 | $1.85 Billion |
| Compound Annual Growth Rate | 4.3% |
| Regions Covered | United States |
For more information about this report visit https://www.researchandmarkets.com/r/5ncvk1
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