No. of Pages: 200 | Report Code: BMIPUB00032178 | Category: Life Sciences
The GCC magnetic resonance imaging (MRI) systems market size is expected to reach US$ 232.6 million by 2031 from US$ 196.1 million in 2024. The market is estimated to record a CAGR of 2.5% from 2025 to 2031.
The GCC countries represent one of the more advanced subregions in the Middle East for MRI systems, supported by strong government investment in healthcare infrastructure and rapid adoption of advanced technologies. Nations such as Saudi Arabia, the UAE, and Qatar are leading the market, with hospitals and diagnostic centers increasingly equipped with mid- and high-field MRI systems to address the rising burden of neurological disorders, cancers, and musculoskeletal conditions.
The prevalence of lifestyle-related diseases, combined with growing demand for early and accurate diagnosis, is fueling the use of MRI scans in both public and private healthcare settings. In addition, collaborations with international manufacturers and the establishment of specialized diagnostic centers are expanding access to advanced imaging. While costs and workforce shortages remain hurdles, the GCC continues to drive regional growth with its focus on high-quality healthcare delivery.
Key segments that contributed to the derivation of the magnetic resonance imaging (MRI) systems market analysis are type, field strength, mobility, application, and end user.
The GCC MRI market is driven by large-scale government initiatives to transform healthcare delivery, coupled with private sector investment in advanced diagnostic facilities. A key driver is the expansion of high-field MRI adoption, especially 3T systems, within premium hospitals and specialty centers. Countries are also investing in AI-enabled imaging, teleradiology, and digital integration to improve efficiency and patient outcomes.
Additionally, strong emphasis on medical tourism, particularly in the UAE and Qatar, supports demand for advanced imaging solutions. Procurement preferences in the region also highlight energy-efficient systems and innovative financing models to meet sustainability and cost objectives.
Based on country, the GCC magnetic resonance imaging (MRI) systems market is further segmented into Saudi Arabia, the United Arab Emirates (UAE), Qatar, Kuwait, Bahrain, and Oman. Saudi Arabia held the largest share in 2024.
Saudi Arabia dominates the GCC MRI market, driven by Vision 2030 healthcare reforms, large-scale hospital expansions, and significant government spending on advanced medical technologies. The UAE follows closely, with Dubai and Abu Dhabi positioning themselves as regional medical tourism hubs and early adopters of high-end MRI solutions. Qatar continues to invest in world-class hospitals through state-backed initiatives, while Kuwait and Oman are expanding diagnostic capacities in both public and private sectors. Bahrain, though smaller in scale, is gradually upgrading its imaging infrastructure, supported by private healthcare providers. Collectively, the GCC demonstrates a clear focus on modernization, medical tourism, and technology-driven healthcare excellence.
| Report Attribute | Details |
|---|---|
| Market size in 2024 | US$ 196.1 Million |
| Market Size by 2031 | US$ 232.6 Million |
| Global CAGR (2025 - 2031) | 2.5% |
| Historical Data | 2021-2023 |
| Forecast period | 2025-2031 |
| Segments Covered |
By Type
|
| Regions and Countries Covered | GCC
|
| Market leaders and key company profiles |
GE HealthCare, Siemens Healthineers AG, FUJIFILM Holdings Corporation, Canon Inc., Koninklijke Philips N.V., HYPERFINE, INC., Esaote SPA, Shanghai United Imaging Healthcare Co., LTD, FONAR Corp., and Neusoft Medical Systems are among the key players operating in the market. These players adopt strategies such as expansion, product innovation, and mergers and acquisitions to stay competitive in the market and offer innovative products to their consumers.
The following methodology has been followed for the collection and analysis of data presented in this report:
The research process begins with comprehensive secondary research, utilizing both internal and external sources to gather qualitative and quantitative data for each market. Commonly referenced secondary research sources include, but are not limited to:
Note: All financial data included in the Company Profiles section has been standardized to US$. For companies reporting in other currencies, figures have been converted to US$ using the relevant exchange rates for the corresponding year.
Business Market Insights conducts a significant number of primary interviews each year with industry stakeholders and experts to validate and analyze the data and gain valuable insights. These research interviews are designed to:
Primary research is conducted via email interactions and telephone interviews with industry experts across various markets, categories, segments, and sub-segments in different regions. Participants typically include:
The GCC Magnetic Resonance Imaging (MRI) Systems Market is valued at US$ 196.1 Million in 2024, it is projected to reach US$ 232.6 Million by 2031.
As per our report GCC Magnetic Resonance Imaging (MRI) Systems Market, the market size is valued at US$ 196.1 Million in 2024, projecting it to reach US$ 232.6 Million by 2031. This translates to a CAGR of approximately 2.5% during the forecast period.
The GCC Magnetic Resonance Imaging (MRI) Systems Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the GCC Magnetic Resonance Imaging (MRI) Systems Market report:
The GCC Magnetic Resonance Imaging (MRI) Systems Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The GCC Magnetic Resonance Imaging (MRI) Systems Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the GCC Magnetic Resonance Imaging (MRI) Systems Market value chain can benefit from the information contained in a comprehensive market report.
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