USA Spinal MRI Procedures Market Size, Share, Growth, Trends, and Industry Analysis: By MRI Procedures (Lumbar MRI Procedures, Cervical MRI Procedures, and Sacro-iliac MRI Procedures), By Sector (Public Hospitals/Universities, and Private (Private Hospitals, and Imaging Centres) and Country Forecast 2019-2030

In 2023, a total of 18,184,000 MRI procedures were performed and are projected to grow at a CAGR of 11.2% over the forecast years to reach 28,550,000 procedures by 2030. The USA Spinal MRI procedures market is experiencing significant growth, driven by several factors such as increasing prevalence of spinal conditions, improved healthcare access, rising awareness of spinal health, and demand for non-invasive diagnostic tools.

The annual incidence of spinal cord injury (SCI) in the United States is approximately 54 cases per one million people, amounting to around 18,000 new cases each year, and spinal conditions are on the increase in the US as people grow old and lead to more sedentary lifestyles. The National Institutes of Health report that 80% of Americans suffer at some point in their lives with back pain. As the population ages, so will the likelihood of degenerative disc disease, herniated discs, and spinal stenosis. This is added to the general trends of sedentary behavior, characterized by prolonged sitting and generally low levels of physical activity, which then lead to an increased incidence of spinal problems. The general combination of factors like an increased rate of obesity, as well as general increases in sedentary behaviors, has significantly increased the demand for spinal care services, including MRI procedures.

However, the market is hindered by the high costs, limited accessibility, regulatory challenges, and competitive landscape. These constraints can be overcome by opportunities such as technological advancements, rising healthcare expenditure, and expanding applications. The recent trends in the USA spinal MRI Procedures market are the increasing use of outpatient MRI centers, rising costs and reimbursement challenges, the focus on patient experience, and the growing use of artificial intelligence (AI).

Recent Developments in the USA Spinal MRI Procedures Market

• In March 2024, Siemens Healthineers announced FDA Clearance for MAGNETOM Terra X 7-Tesla magnetic resonance scanner which is the World’s first clinical eight-channel parallel transmit MR scanner.
• In Jan 2024, Orthofix Medical Inc announced a partnership with MRI guidance to distribute its BoneMRI imaging software in the U.S. The Company also announced that the world's first eight cases utilizing BoneMRI software were completed successfully with 7D's FLASH Navigation System. BoneMRI creates a synthetic CT from an MRI imaging exam without harming radiation.
• In 2023, At the Radiological Society of North America’s (RSNA) 2023 Annual Meeting, GE HealthCare unveiled SIGNA Champion, a remarkable 1.5T wide bore Magnetic Resonance Imaging (MRI) system. This cutting-edge system aims to improve MRI exams for patients globally by democratizing advanced AI and innovative features.