North America Open MRI System Market Size & Share Analysis - Trends, Drivers, Competitive Landscape, and Forecasts (2024 - 2030)

North America Open MRI System Market Size

North America Open MRI System Market Analysis

Semi-Open, High-Field Type Is Dominating Market

Semi-open, high-field variants held the largest share, of more than 45%, in 2022. These systems typically scan patients faster than other variants. In addition, these scanners can achieve greater resolutions and thinner slices, for viewing smaller parts of the anatomy. With this, the image quality becomes rather high, scan times shorten, and doctors get the ability to evaluate certain structures in the body others may not be able to.

Moreover, the advanced open MRI category is expected to grow the fastest during the forecast period, as this type is ideal for weight-bearing imaging. This new technology allows every part of the body to be imaged in the weight-bearing state, to capture the full effect of gravity on the body. This is particularly useful for patients suffering from auto or sports injuries, as advanced open MRI systems allow the patient to be positioned where they are experiencing the most pain.

Wide System Usage for Neurological Diagnoses

The neurology category held the largest share, of around 56%, in 2022. MRI systems are extensively used for scanning the brain, head, and neck, owing to the increasing number of brain injuries in the region. In the U.S., the leading causes of traumatic brain injuries are falls (28%), motor vehicle collisions (20%), and assault (11%).

Rising Awareness of Preventive Healthcare and Early Disease Diagnosis

Over the years, people have become increasingly aware of the importance of preventive healthcare and early disease diagnoses. According to the Centers for Disease Control and Prevention (CDC), 33.4% of the visits to health centers in the U.S. in 2020 were for preventive care. This is because an early diagnosis of severe conditions allows patients and their families to receive timely advice and support. Moreover, the early-stage diagnosis of a diseases aids in lowering the chances of developing severe ailments in the future. This is particularly helpful in the case of cancer, with initiatives being launched in the region to spread awareness of the importance of its early diagnosis and screening.

For instance, the month of October has been dedicated to breast cancer, beginning in 1985 as a partnership between the American Cancer Society and the pharmaceutical division of Imperial Chemical Industries, to raise awareness of the screening and prevention of breast cancer. Each year, the campaign is carried out to remind people that breast cancer detection at an early stage can save lives. Moreover, the pink ribbon represents this disease around the world. Ultimately, proper disease management is ensured by the growing awareness of the early warning signs of cancer among doctors, nurses, and other healthcare providers, along with the general public.

Likewise, several neurological ailments, if detected early, can be prevented from worsening. For instance, Alzheimer’s is a neurodegenerative disorder that can be lethal if not detected and managed on time. Lately, the advances in neuroimaging have provided adequate opportunities for the study of neurological conditions, including Alzheimer’s disease. Considering the serious repercussions of such diseases, several initiatives are being taken to spread awareness of their early detection.

Regional Analysis

U.S. Held Larger Share

The U.S. held the larger share, of more than 90%, in 2022. This is mainly because of the increasing prevalence of chronic diseases, rising geriatric population, and the availability of technologically advanced MRI systems in the country.

This can also be ascribed to the presence of advanced healthcare facilities, high healthcare spending, and a rise in demand for MRI scans in the U.S. Approximately 40 million MRI procedures are performed annually in the country. Moreover, the growing geriatric population in the U.S. is supporting the demand for open MRI systems for disease diagnosis, staging, and treatment monitoring. In addition, the efforts to create minimally invasive MRI systems, the advent of artifact stabilization software, the integration of AI to reduce radiologists’ workload, increase in the use of integrated PET/MRI systems for the accurate soft tissue anomaly detection, and rise in the cases of cancer and cardiac disease are boosting the market growth.

Claustrophobia is the fear of enclosed spaces. About 12.5% of the population has this fear, with the majority being females. Thus, the demand for open MRI is increasing due to the surging number of claustrophobic patients.

Furthermore, the growth of the U.S. market is owed to an increase in the demand for medical imaging services at hospitals and clinics, high patient awareness, and a favorable reimbursement scenario. The country has more than 9,841 diagnostic imaging centers in 2023, and the growing prevalence of cancer is expected to massively raise the demand for medical imaging devices in the US. For instance, in 2021, there were 1.9 million new cancer cases and 608,570 related deaths in the country.

A large number of healthcare networks in the country are focusing on early disease diagnosis. For instance, RadNet Inc. has 357 imaging centers across the U.S., where it conducts over 9 million outpatient imaging procedures each year. In addition, eRAD, its IT division, provides integrated, web- and cloud-based medical imaging workflow solutions.

Similarly, Akumin Inc. provides a comprehensive range of outpatient oncology and radiology services to physician groups, hospitals, health systems, and patients around the country. Its offerings include diagnostic imaging, advanced radiation therapy, and personalized care plans that aim to cater to the specific needs of each patient. By collaborating with an array of healthcare providers, the company offers effective and accessible critical services for improved patient outcomes.

Market Breakdown

This fully customizable report gives a detailed analysis of the North America open MRI system industry from 2019 to 2030, based on all the relevant segments and geographies.

Based on Type

• Semi-Open High-Field
• Open Low-Field
• Advanced Open

Based on Scan Type

• Cardiology
• Orthopedics
• Breast
• Neurology
• Pelvis and Abdomen

Based on End User

• Hospitals and Clinics
• Diagnostic Imaging Centers

Regional Analysis

• U.S.
• Canada

Top North America Open MRI System Companies