Open System MRI Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Open MRI Systems Market is segmented by resolution (low-field scanner, mid-field scanner, and high-field scanner), application (neurology, gastroenterology, oncology, cardiology, and other applications), and geography (North America, Europe, Asia-Pacific, Middle East and Africa, and South America). The market provides the value (in USD million) for the above segments.

Open System MRI Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Open System Magnetic Resonance Imaging (MRI) Market Size

Open System MRI Market Summary
Study Period 2019 - 2030
Market Size (2025) USD 1.63 Billion
Market Size (2030) USD 2.17 Billion
CAGR (2025 - 2030) 5.88 %
Fastest Growing Market Asia-Pacific
Largest Market North America
Market Concentration Medium

Major Players

Open System MRI Market Major Players

*Disclaimer: Major Players sorted in no particular order

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Open System Magnetic Resonance Imaging (MRI) Market Analysis

The Open System MRI Market size is estimated at USD 1.63 billion in 2025, and is expected to reach USD 2.17 billion by 2030, at a CAGR of 5.88% during the forecast period (2025-2030).

MRI is a powerful diagnostic tool which is replacing CT because of its higher sensitivity and use of non-ionizing radiations. Open MRI is the more popular one between the two available systems of MRI, open and closed. Open MRI systems have a magnetic field in the top and bottom and do not enclose the patient in a tunnel. Open MRI is used to accommodate claustrophobic, obese and pediatric patients.

Conventional MRI scanners are a cylinder shape, while an open MRI does not completely surround your body. It is usually open on two or three sides. An Open MRI provides a more relaxed, less confining environment and lower noise levels making it less stressful for you. Therefore all these factors are supporting the open system MRI market.

Open System Magnetic Resonance Imaging (MRI) Industry Overview

The open system MRI market is consolidated due to the presence of a few market players operating globally and regionally. Some of the market players that operate in this segment are GE Healthcare, Hitachi Medical Corporation, Philips Healthcare, Siemens Healthcare, ESAOTE SA, and Canon Medical Systems Corporation.

Open System Magnetic Resonance Imaging (MRI) Market Leaders

  1. GE Healthcare

  2. Philips Healthcare

  3. Siemens Healthcare

  4. ESAOTE SA

  5. Canon Medical Systems Corporation

  6. *Disclaimer: Major Players sorted in no particular order
Open System MRI Market Concentration
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Open System Magnetic Resonance Imaging (MRI) Market News

  • January 2023: Esaote North America, Inc. launched the Magnifico Vet Open MRI system, a new imaging solution uniquely suited to provide diagnostic efficacy in a variety of veterinary hospitals.
  • July 2022: Canon Medical launched a new MRI system at ECR 2022. It is a new open-bore 1.5T MRI system to meet every customer need in the growing 1.5T MR market segment.

Open System Magnetic Resonance Imaging (MRI) Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Increasing Number of MRI Procedures
    • 4.2.2 Technological Developments in Open MRI System
  • 4.3 Market Restraints
    • 4.3.1 High Cost of Open MRI Systems
  • 4.4 Porter's Five Forces Analysis
    • 4.4.1 Threat of New Entrants
    • 4.4.2 Bargaining Power of Buyers/Consumers
    • 4.4.3 Bargaining Power of Suppliers
    • 4.4.4 Threat of Substitute Products
    • 4.4.5 Intensity of Competitive Rivalry

5. MARKET SEGMENTATION (Market Size by Value - USD million)

  • 5.1 By Resolution
    • 5.1.1 Low- Field Scanner
    • 5.1.2 Mid-field Scanner
    • 5.1.3 High-Field Scanner
  • 5.2 By Application
    • 5.2.1 Neurology
    • 5.2.2 Gastroenterology
    • 5.2.3 Cardiology
    • 5.2.4 Oncology
    • 5.2.5 Other Applications
  • 5.3 Geography
    • 5.3.1 North America
    • 5.3.1.1 United States
    • 5.3.1.2 Canada
    • 5.3.1.3 Mexico
    • 5.3.2 Europe
    • 5.3.2.1 Germany
    • 5.3.2.2 United Kingdom
    • 5.3.2.3 France
    • 5.3.2.4 Italy
    • 5.3.2.5 Spain
    • 5.3.2.6 Rest of Europe
    • 5.3.3 Asia-Pacific
    • 5.3.3.1 China
    • 5.3.3.2 Japan
    • 5.3.3.3 India
    • 5.3.3.4 Australia
    • 5.3.3.5 South Korea
    • 5.3.3.6 Rest of Asia-Pacific
    • 5.3.4 Middle East and Africa
    • 5.3.4.1 GCC
    • 5.3.4.2 South Africa
    • 5.3.4.3 Rest of Middle East and Africa
    • 5.3.5 South America
    • 5.3.5.1 Brazil
    • 5.3.5.2 Argentina
    • 5.3.5.3 Rest of South America

6. COMPETITIVE LANDSCAPE

  • 6.1 Company Profiles
    • 6.1.1 GE Healthcare
    • 6.1.2 Hitachi Medical Corporation
    • 6.1.3 Philips Healthcare
    • 6.1.4 Siemens Healthcare
    • 6.1.5 ESAOTE SA
    • 6.1.6 Canon Medical Systems Corporation
    • 6.1.7 Hologic Inc.
    • 6.1.8 Nordion Inc.
    • 6.1.9 Onex Corporation (Carestream Health)
    • 6.1.10 Shimadzu Corporation
    • 6.1.11 Toshiba Corporation
    • 6.1.12 Barco N.V.
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Subject to Availability
**Competitive Landscape covers- Business Overview, Financials, Products and Strategies and Recent Developments
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Open System Magnetic Resonance Imaging (MRI) Industry Segmentation

As per the scope of the market, an open MRI system is open, while still using magnets to take images of the inside of the body. Instead of an enclosed capsule, the open MRI uses a magnet on top and bottom and is open on all four sides. These decrease the risk of claustrophobia and panic attacks exponentially and allow patients of all shapes and sizes to be able to make use of an MRI to accurately diagnose their problems. The open system MRI market is segmented by resolution (low-field scanner, mid-field scanner, and high-field scanner), application (neurology, gastroenterology, oncology, cardiology, and other applications), and geography (North America, Europe, Asia-Pacific, Middle East and Africa, and South America). The market report also covers the estimated market sizes and trends for 17 countries across major regions globally. The report offers the value (in USD million) for the above segments.

By Resolution Low- Field Scanner
Mid-field Scanner
High-Field Scanner
By Application Neurology
Gastroenterology
Cardiology
Oncology
Other Applications
Geography North America United States
Canada
Mexico
Europe Germany
United Kingdom
France
Italy
Spain
Rest of Europe
Asia-Pacific China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Middle East and Africa GCC
South Africa
Rest of Middle East and Africa
South America Brazil
Argentina
Rest of South America
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Open System Magnetic Resonance Imaging (MRI) Market Research FAQs

How big is the Open System MRI Market?

The Open System MRI Market size is expected to reach USD 1.63 billion in 2025 and grow at a CAGR of 5.88% to reach USD 2.17 billion by 2030.

What is the current Open System MRI Market size?

In 2025, the Open System MRI Market size is expected to reach USD 1.63 billion.

Who are the key players in Open System MRI Market?

GE Healthcare, Philips Healthcare, Siemens Healthcare, ESAOTE SA and Canon Medical Systems Corporation are the major companies operating in the Open System MRI Market.

Which is the fastest growing region in Open System MRI Market?

Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).

Which region has the biggest share in Open System MRI Market?

In 2025, the North America accounts for the largest market share in Open System MRI Market.

What years does this Open System MRI Market cover, and what was the market size in 2024?

In 2024, the Open System MRI Market size was estimated at USD 1.53 billion. The report covers the Open System MRI Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Open System MRI Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Open System MRI Industry Report

Statistics for the 2025 Open System MRI market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Open System MRI analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.