South and Central America Magnetic Resonance Imaging (MRI) Systems Market Outlook (2021-2031)
The South and Central America Magnetic Resonance Imaging (MRI) Systems Market size was valued at US$ 608.4 Mn in 2024 and is projected to reach US$ 807.29 Mn by 2031, growing at a CAGR of 4.2% during 2025 - 2031.
Report Coverage
- Type: Closed MRI Systems, Open MRI Systems
- Field Strength: Low-field MRI Systems, Mid field MRI Systems, High and Ultra High field MRI Systems
- Mobility: Fixed, Portable
- Application: Neurology, Oncology, Cardiology, Orthopedics, Gastroenterology, Gynecology, Others
US$ 608.4 Mn
Market size in 2024
US$ 807.29 Mn
Market Size by 2031
4.2%
CAGR, 2025 - 2031
2025-2031
Forecast Period
1. Introduction
1.1 Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Market Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Secondary Research
3.2 Primary Research
- 3.2.1 Data Triangulation and Validation
4. South and Central America Magnetic Resonance Imaging (MRI) Systems Market Landscape
4.1 Overview
4.3 Ecosystem Analysis
- 4.3.1 List of Vendors in the Value Chain
5. South and Central America Magnetic Resonance Imaging (MRI) Systems Market – Key Market Dynamics
5.1 Market Drivers
5.2 Market Restraints
5.3 Market Opportunities
5.4 Future Trends
5.5 Impact of Drivers and Restraints
6. South and Central America Magnetic Resonance Imaging (MRI) Systems Market Regional Analysis
6.2 South and Central America Magnetic Resonance Imaging (MRI) Systems Market Revenue 2021-2031 (US$ Million)
6.3 South and Central America Magnetic Resonance Imaging (MRI) Systems Market Forecast Analysis
7. South and Central America Magnetic Resonance Imaging (MRI) Systems Market Analysis – by Type
7.1 Closed MRI Systems
- 7.1.1 Overview
- 7.1.2 Closed MRI Systems: South and Central America Magnetic Resonance Imaging (MRI) Systems Market – Revenue and Forecast, 2021-2031 (US$ Million)
7.2 Open MRI Systems
- 7.2.1 Overview
- 7.2.2 Open MRI Systems: South and Central America Magnetic Resonance Imaging (MRI) Systems Market – Revenue and Forecast, 2021-2031 (US$ Million)
8. South and Central America Magnetic Resonance Imaging (MRI) Systems Market Analysis – by Field Strength
8.1 Low-field MRI Systems
- 8.1.1 Overview
- 8.1.2 Low-field MRI Systems: South and Central America Magnetic Resonance Imaging (MRI) Systems Market – Revenue and Forecast, 2021-2031 (US$ Million)
8.2 Mid field MRI Systems
- 8.2.1 Overview
- 8.2.2 Mid field MRI Systems: South and Central America Magnetic Resonance Imaging (MRI) Systems Market – Revenue and Forecast, 2021-2031 (US$ Million)
8.3 High and Ultra High field MRI Systems
- 8.3.1 Overview
- 8.3.2 High and Ultra High field MRI Systems: South and Central America Magnetic Resonance Imaging (MRI) Systems Market – Revenue and Forecast, 2021-2031 (US$ Million)
9. South and Central America Magnetic Resonance Imaging (MRI) Systems Market Analysis – by Mobility
9.1 Fixed
- 9.1.1 Overview
- 9.1.2 Fixed: South and Central America Magnetic Resonance Imaging (MRI) Systems Market – Revenue and Forecast, 2021-2031 (US$ Million)
9.2 Portable
- 9.2.1 Overview
- 9.2.2 Portable: South and Central America Magnetic Resonance Imaging (MRI) Systems Market – Revenue and Forecast, 2021-2031 (US$ Million)
10. South and Central America Magnetic Resonance Imaging (MRI) Systems Market Analysis – by Application
10.1 Neurology
- 10.1.1 Overview
- 10.1.2 Neurology: South and Central America Magnetic Resonance Imaging (MRI) Systems Market – Revenue and Forecast, 2021-2031 (US$ Million)
10.2 Oncology
- 10.2.1 Overview
- 10.2.2 Oncology: South and Central America Magnetic Resonance Imaging (MRI) Systems Market – Revenue and Forecast, 2021-2031 (US$ Million)
10.3 Cardiology
- 10.3.1 Overview
- 10.3.2 Cardiology: South and Central America Magnetic Resonance Imaging (MRI) Systems Market – Revenue and Forecast, 2021-2031 (US$ Million)
10.4 Orthopedics
- 10.4.1 Overview
- 10.4.2 Orthopedics: South and Central America Magnetic Resonance Imaging (MRI) Systems Market – Revenue and Forecast, 2021-2031 (US$ Million)
10.5 Gastroenterology
- 10.5.1 Overview
- 10.5.2 Gastroenterology: South and Central America Magnetic Resonance Imaging (MRI) Systems Market – Revenue and Forecast, 2021-2031 (US$ Million)
10.6 Gynecology
- 10.6.1 Overview
- 10.6.2 Gynecology: South and Central America Magnetic Resonance Imaging (MRI) Systems Market – Revenue and Forecast, 2021-2031 (US$ Million)
10.7 Others
- 10.7.1 Overview
- 10.7.2 Others: South and Central America Magnetic Resonance Imaging (MRI) Systems Market – Revenue and Forecast, 2021-2031 (US$ Million)
11. South and Central America Magnetic Resonance Imaging (MRI) Systems Market – South and Central America Analysis
11.1 Overview
11.2 South and Central America- 11.2.1 South and Central America Magnetic Resonance Imaging (MRI) Systems Market Breakdown, by Key Country, 2025 and 2031 (%)
- 11.2.1.1 South and Central America Magnetic Resonance Imaging (MRI) Systems Market – Revenue and Forecast Analysis – by Country
- 11.2.1.1 Brazil: South and Central America Magnetic Resonance Imaging (MRI) Systems Market – Revenue and Forecast to 2031 (US$ Million)
- 11.2.1.1.1 Brazil: South and Central America Magnetic Resonance Imaging (MRI) Systems Market Breakdown, by Type
- 11.2.1.1.2 Brazil: South and Central America Magnetic Resonance Imaging (MRI) Systems Market Breakdown, by Field Strength
- 11.2.1.1.3 Brazil: South and Central America Magnetic Resonance Imaging (MRI) Systems Market Breakdown, by Mobility
- 11.2.1.1.4 Brazil: South and Central America Magnetic Resonance Imaging (MRI) Systems Market Breakdown, by Application
- 11.2.1.2 Argentina: South and Central America Magnetic Resonance Imaging (MRI) Systems Market – Revenue and Forecast to 2031 (US$ Million)
- 11.2.1.2.1 Argentina: South and Central America Magnetic Resonance Imaging (MRI) Systems Market Breakdown, by Type
- 11.2.1.2.2 Argentina: South and Central America Magnetic Resonance Imaging (MRI) Systems Market Breakdown, by Field Strength
- 11.2.1.2.3 Argentina: South and Central America Magnetic Resonance Imaging (MRI) Systems Market Breakdown, by Mobility
- 11.2.1.2.4 Argentina: South and Central America Magnetic Resonance Imaging (MRI) Systems Market Breakdown, by Application
- 11.2.1.3 Chile: South and Central America Magnetic Resonance Imaging (MRI) Systems Market – Revenue and Forecast to 2031 (US$ Million)
- 11.2.1.3.1 Chile: South and Central America Magnetic Resonance Imaging (MRI) Systems Market Breakdown, by Type
- 11.2.1.3.2 Chile: South and Central America Magnetic Resonance Imaging (MRI) Systems Market Breakdown, by Field Strength
- 11.2.1.3.3 Chile: South and Central America Magnetic Resonance Imaging (MRI) Systems Market Breakdown, by Mobility
- 11.2.1.3.4 Chile: South and Central America Magnetic Resonance Imaging (MRI) Systems Market Breakdown, by Application
- 11.2.1.4 Colombia: South and Central America Magnetic Resonance Imaging (MRI) Systems Market – Revenue and Forecast to 2031 (US$ Million)
- 11.2.1.4.1 Colombia: South and Central America Magnetic Resonance Imaging (MRI) Systems Market Breakdown, by Type
- 11.2.1.4.2 Colombia: South and Central America Magnetic Resonance Imaging (MRI) Systems Market Breakdown, by Field Strength
- 11.2.1.4.3 Colombia: South and Central America Magnetic Resonance Imaging (MRI) Systems Market Breakdown, by Mobility
- 11.2.1.4.4 Colombia: South and Central America Magnetic Resonance Imaging (MRI) Systems Market Breakdown, by Application
- 11.2.1.5 Peru: South and Central America Magnetic Resonance Imaging (MRI) Systems Market – Revenue and Forecast to 2031 (US$ Million)
- 11.2.1.5.1 Peru: South and Central America Magnetic Resonance Imaging (MRI) Systems Market Breakdown, by Type
- 11.2.1.5.2 Peru: South and Central America Magnetic Resonance Imaging (MRI) Systems Market Breakdown, by Field Strength
- 11.2.1.5.3 Peru: South and Central America Magnetic Resonance Imaging (MRI) Systems Market Breakdown, by Mobility
- 11.2.1.5.4 Peru: South and Central America Magnetic Resonance Imaging (MRI) Systems Market Breakdown, by Application
12. Competitive Landscape
12.1 Heat Map Analysis
12.2 Company Positioning and Concentration
13. Industry Landscape
13.1 Overview
13.2 Market Initiative
13.3 Partnerships and Collaborations
13.4 Other Developments
14. Company Profiles
14.1 GE HealthCare
- 14.1.1 Key Facts
- 14.1.2 Business Description
- 14.1.3 Products and Services
- 14.1.4 Financial Overview
- 14.1.5 SWOT Analysis
- 14.1.6 Key Developments
14.2 Siemens Healthineers AG
- 14.2.1 Key Facts
- 14.2.2 Business Description
- 14.2.3 Products and Services
- 14.2.4 Financial Overview
- 14.2.5 SWOT Analysis
- 14.2.6 Key Developments
14.3 FUJIFILM Holdings Corporation
- 14.3.1 Key Facts
- 14.3.2 Business Description
- 14.3.3 Products and Services
- 14.3.4 Financial Overview
- 14.3.5 SWOT Analysis
- 14.3.6 Key Developments
14.4 Canon Inc.
- 14.4.1 Key Facts
- 14.4.2 Business Description
- 14.4.3 Products and Services
- 14.4.4 Financial Overview
- 14.4.5 SWOT Analysis
- 14.4.6 Key Developments
14.5 Koninklijke Philips N.V.
- 14.5.1 Key Facts
- 14.5.2 Business Description
- 14.5.3 Products and Services
- 14.5.4 Financial Overview
- 14.5.5 SWOT Analysis
- 14.5.6 Key Developments
14.6 HYPERFINE, INC.
- 14.6.1 Key Facts
- 14.6.2 Business Description
- 14.6.3 Products and Services
- 14.6.4 Financial Overview
- 14.6.5 SWOT Analysis
- 14.6.6 Key Developments
14.7 Esaote SPA
- 14.7.1 Key Facts
- 14.7.2 Business Description
- 14.7.3 Products and Services
- 14.7.4 Financial Overview
- 14.7.5 SWOT Analysis
- 14.7.6 Key Developments
14.8 Shanghai United Imaging Healthcare Co., LTD
- 14.8.1 Key Facts
- 14.8.2 Business Description
- 14.8.3 Products and Services
- 14.8.4 Financial Overview
- 14.8.5 SWOT Analysis
- 14.8.6 Key Developments
14.9 FONAR Corp.
- 14.9.1 Key Facts
- 14.9.2 Business Description
- 14.9.3 Products and Services
- 14.9.4 Financial Overview
- 14.9.5 SWOT Analysis
- 14.9.6 Key Developments
14.10 Neusoft Medical Systems
- 14.10.1 Key Facts
- 14.10.2 Business Description
- 14.10.3 Products and Services
- 14.10.4 Financial Overview
- 14.10.5 SWOT Analysis
- 14.10.6 Key Developments
15. Appendix
15.1 About Business Market Insights
15.2 List of Abbreviations
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