MRI Coils Market Outlook:
MRI Coils Market size was valued at USD 10.17 billion in 2025 and is expected to reach USD 21.35 billion by 2035, expanding at around 7.7% CAGR during the forecast period i.e., between 2026-2035. In the year 2026, the industry size of MRI coils is evaluated at USD 10.87 billion.
MRI machines are in high demand in hospitals and diagnostic centers due to the increasing prevalence of cardiovascular diseases (CVDs). For the detection of CVDs such as blockages in the arteries and congenital heart defects, MRI is often used, which produces detailed images of the heart and blood vessels using MRI coils.
MRI coils are essentially radio frequency antennas that are used to detect the signals generated by the MRI scanner. The increased availability of MRI units has also made it easier for healthcare organizations to provide more accurate diagnoses in a shorter time frame. As of 2021, around 5.7 million MRI units were installed worldwide, representing an increase of 94 million MRI scans in recent years.