Micro-Magnetic Resonance Imaging Market To Reach $2.70 Billion By 2030

October 2024 | Report Format: Electronic (PDF)

Micro-Magnetic Resonance Imaging Market Growth & Trends

The global micro-magnetic resonance imaging market size is expected to reach USD 2.70 billion by 2030, registering a CAGR of 7.8% from 2025 to 2030, according to a new report by Grand View Research, Inc. Growing technological advancements in the field of micro-magnetic resonance imaging, increase in adoption of non-invasive small-animal imaging techniques, and increased funding to support preclinical research is expected to boost the market growth for micro-magnetic resonance imaging (MRI). Micro MRI is an efficient system since it does not use ionizing radiation, provides good spatial resolution, and is particularly suitable for imaging soft tissues. Micro-MRI has a wide range of applications in small animals, including functional, anatomical, and molecular imaging. And is used in a variety of fields, including pharmacology, brain mapping, neurodegenerative illness, and psychiatry.

Technological developments are likely to contribute to market expansion, such as high magnetic field strength, high resolution, and cryogen-free systems. Furthermore, a rise in the adoption of micro MRI for preclinical research is expected to fuel the market growth during the forecast period. For instance, In August 2021, Bruker and the Karlsruhe Institute of Technology (KIT) in Germany completed the installation of the BioSpec 152/11, a 15.2 Tesla ultra-high field magnetic resonance (MR) imaging system. In January 2022, At Arizona State University in Tempe, Arizona, MR Solutions installed a 9.4T MRI system with variable fields at 7T and 3T.

Several obstacles arose as a result of the COVID-19 pandemic, including logistical constraints, low demand, and reduced sales and marketing activities. However, by mid-2022, the market is predicted to be steadily improving by encouraging end-users to embrace high-end technologies for pre-clinical research. This is expected to significantly boost the growth of the market for micro-magnetic resonance imaging in the coming years.


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Micro-Magnetic Resonance Imaging Market Report Highlights

  • The superconducting magnets segment dominated the micro-magnetic resonance imaging market, capturing the largest revenue share of 84.4% in 2024.

  • The universities and academic institutions segment held the largest market share at 32.4% in 2024, attributed to the growing application of micro-MRI technology in academic research.

  • Preclinical imaging and testing facilities segment is projected to experience the fastest growth of 8.5% over the forecast period.

  • North America micro-magnetic resonance imaging market dominated the overall global market and accounted for 29.41% of revenue share in 2024.

Micro-Magnetic Resonance Imaging Market Segmentation

Grand View Research has segmented the global micro-magnetic resonance imaging market on the basis of type, end use, and region:

Micro-Magnetic Resonance Imaging Type Outlook (Revenue, USD Million, 2018 - 2030)

  • Superconductive magnet

  • Permanent magnet

Micro-Magnetic Resonance Imaging End Use Outlook (Revenue, USD Million, 2018 - 2030)

  • Universities and academic

  • Biotechnology and pharmaceutical companies

  • Preclinical Imaging and testing facilities

  • Contract research organizations

  • Others

Micro-Magnetic Resonance Imaging Region Outlook (Revenue, USD Million, 2018 - 2030)

  • North America

    • U.S.

    • Canada

    • Mexico

  • Europe

    • UK

    • Germany

    • France

    • Italy

    • Spain

    • Denmark

    • Sweden

    • Norway

  • Asia Pacific

    • Japan

    • China

    • India

    • Australia

    • South Korea

    • Thailand

  • Latin America

    • Brazil

    • Argentina

  • Middle East & Africa

    • South Africa

    • Saudi Arabia

    • UAE

    • Kuwait

List of Key Players of Micro-Magnetic Resonance Imaging Market

  • Bruker

  • Aspect Imaging Ltd.  

  • Agilent Technologies Inc.

  • Cubresa Inc.

  • MR Solutions

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