Artificial Intelligence in MRI Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Artificial Intelligence in the MRI Market Report is Segmented by Clinical Applications (Oncology, Musculoskeletal, Liver, Cardiovascular, Neurology, and Other Clinical Applications), Solutions (Software and Services), Technology (Deep Learning, Machine Learning, Computer Vision, and Natural Language Processing), Speech Recognition and Other Technologies), Deployment Type (On-Premise and Cloud-Based), End Users (Hospitals, Clinics, and Other End Users), and Geography (North America, Europe, Asia-Pacific, and Rest of the World). The Report Offers the Value (in USD) for the Above Segments.

Artificial Intelligence in MRI Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Artificial Intelligence In MRI Market Size

Artificial Intelligence In MRI Market Summary
Study Period 2019 - 2030
Market Size (2025) USD 1.65 Billion
Market Size (2030) USD 4.18 Billion
CAGR (2025 - 2030) 20.45 %
Fastest Growing Market Asia-Pacific
Largest Market North America
Market Concentration Medium

Major Players

Artificial Intelligence In MRI Market Major Players

*Disclaimer: Major Players sorted in no particular order

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Artificial Intelligence In MRI Market Analysis

The Artificial Intelligence In MRI Market size is estimated at USD 1.65 billion in 2025, and is expected to reach USD 4.18 billion by 2030, at a CAGR of 20.45% during the forecast period (2025-2030).

The factors driving the growth of the market are improved diagnostic accuracy and treatment planning offered by AI-based MRI and the increased shift of doctors toward AI-based techniques.

Various research articles have been studied to understand the importance of AI in MRI scanning, which is likely to propel the market growth during the forecast period. For instance, in an article published by BMC Musculoskeletal Disorders in June 2024, the researchers found that the AI-assisted MRI Mask R-CNN model reliably identifies surgical target areas in pediatric hip and periarticular infections, providing a faster and more convenient option. This technology aids inexperienced physicians in pre-treatment assessments, lowering the chances of missed or incorrect diagnoses. As a result, improved diagnostic accuracy and treatment planning offered by AI-based MRI are driving the growth of this market.

The increasing shift of doctors toward AI-based techniques also contributes to market growth. For instance, an article published by the journal BMC Health Services Research in March 2022 stated that in a survey conducted among 114 German radiologists, 81% of them opted for AI-based diagnostic imaging tools in their routine diagnostics as these tools save time and provide quality results. Thus, the increasing shift of doctors and physicians to AI-based techniques is driving the growth of the market.

Also, the launch of advanced AI-based MRI products and the regulatory approvals are expected to drive market growth during the forecast period. For instance, in October 2022, Quibim, a company designing pioneering AI tools, received MDR (Class II B) and UKCA (UK Conformity Assessment) certifications to commercialize QP-Prostate in the European and British markets. QP-Prostate is an innovative software that uses AI to streamline prostate MRI interpretation and pre-populate radiology reports.

Thus, the market is expected to grow significantly during the forecast period due to increased advantages of AI-based MRI solutions and elevated strategic activities. However, the slow regulatory approval process and the high cost of AI-based equipment may slow down the growth of the market.

Artificial Intelligence In MRI Industry Overview

The artificial intelligence market in MRI is semi-consolidated due to a few market players working regionally and globally. Some companies in this market are IBM Corporation, Perimeter Medical Imaging AI, Resonance Health Ltd, Samsung Electronics Co. Ltd, Arterys Inc., and Koninklijke Philips NV.

Artificial Intelligence In MRI Market Leaders

  1. Koninklijke Philips N.V.

  2. Siemens Healthineers AG

  3. IBM Corporation

  4. Microsoft Corp (Nuance Communications Inc.)

  5. Perimeter Medical Imaging AI

  6. *Disclaimer: Major Players sorted in no particular order
Artificial Intelligence In MRI Market Concentration
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Artificial Intelligence In MRI Market News

  • May 2024: iHridAI, a Bengaluru-headquartered healthcare tech startup, unveiled its premier offering, HarmonyCVI. This cutting-edge product is tailored for precise cardiovascular evaluations. HarmonyCVI is an advanced AI/ML-driven diagnostic tool empowering cardiologists and radiologists to delve deeper into cardiac MRI scans and offering rapid insights and analysis.
  • June 2023: GE HealthCare received United States Food and Drug Administration clearance for its Sonic DL. Based on deep learning, this cutting-edge technology is tailored to significantly speed up image acquisition in magnetic resonance imaging (MRI). Sonic DL paves the way for innovative imaging approaches, including the ability to conduct high-quality cardiac MRIs in one heartbeat. With this advancement, GE HealthCare further bolsters its position as a frontrunner in AI-driven healthcare solutions.

Artificial Intelligence In MRI Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Improved Diagnostic Accuracy and Treatment Planning Offered by AI-based MRI
    • 4.2.2 Increased Shift of Doctors to the Artificial Intelligence-based Techniques
  • 4.3 Market Restraints
    • 4.3.1 Slow Regulatory Approval Process and High Cost of AI-based Devices
  • 4.4 Porter's Five Force Analysis
    • 4.4.1 Threat of New Entrants
    • 4.4.2 Bargaining Power of Buyers/Consumers
    • 4.4.3 Bargaining Power of Suppliers
    • 4.4.4 Threat of Substitute Products
    • 4.4.5 Intensity of Competitive Rivalry

5. MARKET SEGMENTATION (Market Size by Value - USD)

  • 5.1 By Clinical Applications
    • 5.1.1 Musculoskeletal
    • 5.1.2 Oncology
    • 5.1.3 Liver
    • 5.1.4 Cardiovascular
    • 5.1.5 Neurology
    • 5.1.6 Other Clinical Application
  • 5.2 By Solution
    • 5.2.1 Software
    • 5.2.2 Services
  • 5.3 By Technology
    • 5.3.1 Deep Learning
    • 5.3.2 Machine Learning
    • 5.3.3 Computer Vision
    • 5.3.4 NLP (Natural Language Processing)
    • 5.3.5 Speech Recognition
    • 5.3.6 Other Technologies
  • 5.4 By Deployment Type
    • 5.4.1 On-premise
    • 5.4.2 Cloud-based
  • 5.5 By End Users
    • 5.5.1 Hospitals
    • 5.5.2 Clinics
    • 5.5.3 Other End Users
  • 5.6 Geography
    • 5.6.1 North America
    • 5.6.1.1 United States
    • 5.6.1.2 Canada
    • 5.6.1.3 Mexico
    • 5.6.2 Europe
    • 5.6.2.1 Germany
    • 5.6.2.2 United Kingdom
    • 5.6.2.3 France
    • 5.6.2.4 Italy
    • 5.6.2.5 Spain
    • 5.6.2.6 Rest of Europe
    • 5.6.3 Asia-Pacific
    • 5.6.3.1 China
    • 5.6.3.2 Japan
    • 5.6.3.3 India
    • 5.6.3.4 Australia
    • 5.6.3.5 South Korea
    • 5.6.3.6 Rest of Asia-Pacific
    • 5.6.4 Rest of the World

6. COMPETITIVE LANDSCAPE

  • 6.1 Company Profiles
    • 6.1.1 IBM Corporation
    • 6.1.2 Perimeter Medical Imaging AI
    • 6.1.3 Resonance Health Ltd
    • 6.1.4 Nanox (Zebra Medical Vision Inc.)
    • 6.1.5 Samsung Electronics Co. Ltd
    • 6.1.6 Arterys Inc.
    • 6.1.7 Koninklijke Philips NV
    • 6.1.8 Microsoft Corp. (Nuance Communications Inc.)
    • 6.1.9 Siemens Healthineers AG
    • 6.1.10 OrCam
    • 6.1.11 Owkin Inc.
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Subject to Availability
**Competitive Landscape covers- Business Overview, Financials, Products and Strategies, and Recent Developments
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Artificial Intelligence In MRI Industry Segmentation

As per the scope of the report, artificial intelligence (AI) is an intensive tool employed and incorporated into MRI machines for quantitative imaging. This advanced imaging technology has wide applications in neuroscience, oncology, cardiovascular, MSK, and body imaging.

The artificial intelligence in the MRI market is segmented by clinical applications, product type, technology, deployment type, end users, and geography. The market is segmented into oncology, musculoskeletal, liver, cardiovascular, neurology, and other clinical applications. Other clinical applications include sports medicine and rheumatology. By solution, the market is segmented into software and services. The market is segmented by technology into deep learning, machine learning, computer vision, natural language processing, speech recognition, and other technologies. Other technologies include scan planning optimization and automated segmentation. By deployment type, the market is segmented into on-premise and cloud-based. By end users, the market is segmented into hospitals, clinics, and other end users. Other end users include ambulatory surgery centers and diagnostic centers. By geography, the market is segmented into North America, Europe, Asia-Pacific, and Rest of the World. For each segment, the market sizing and forecasts are done based on value (in USD).

By Clinical Applications Musculoskeletal
Oncology
Liver
Cardiovascular
Neurology
Other Clinical Application
By Solution Software
Services
By Technology Deep Learning
Machine Learning
Computer Vision
NLP (Natural Language Processing)
Speech Recognition
Other Technologies
By Deployment Type On-premise
Cloud-based
By End Users Hospitals
Clinics
Other End Users
Geography North America United States
Canada
Mexico
Europe Germany
United Kingdom
France
Italy
Spain
Rest of Europe
Asia-Pacific China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Rest of the World
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Artificial Intelligence In MRI Market Research Faqs

How big is the Artificial Intelligence In MRI Market?

The Artificial Intelligence In MRI Market size is expected to reach USD 1.65 billion in 2025 and grow at a CAGR of 20.45% to reach USD 4.18 billion by 2030.

What is the current Artificial Intelligence In MRI Market size?

In 2025, the Artificial Intelligence In MRI Market size is expected to reach USD 1.65 billion.

Who are the key players in Artificial Intelligence In MRI Market?

Koninklijke Philips N.V., Siemens Healthineers AG, IBM Corporation, Microsoft Corp (Nuance Communications Inc.) and Perimeter Medical Imaging AI are the major companies operating in the Artificial Intelligence In MRI Market.

Which is the fastest growing region in Artificial Intelligence In MRI Market?

Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).

Which region has the biggest share in Artificial Intelligence In MRI Market?

In 2025, the North America accounts for the largest market share in Artificial Intelligence In MRI Market.

What years does this Artificial Intelligence In MRI Market cover, and what was the market size in 2024?

In 2024, the Artificial Intelligence In MRI Market size was estimated at USD 1.31 billion. The report covers the Artificial Intelligence In MRI Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Artificial Intelligence In MRI Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Artificial Intelligence In MRI Industry Report

Statistics for the 2025 Artificial Intelligence In MRI market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Artificial Intelligence In MRI analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.

Artificial Intelligence In MRI Market Report Snapshots