Global MRI Safe Neurostimulation Systems Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Product;

Implantable and Transcutaneous.

By Application;

Sensory Nerve Stimulation, Spinal Cord Stimulation, Intracranial Stimulation, Deep Brain Stimulation, Motor Cortex Stimulation, Vagus Nerve Stimulation, and Others.

By End-Use;

Hospitals, Ambulatory Surgical Centers, Diagnostic Laboratories, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn597796975 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global MRI Safe Neurostimulation Systems Market (USD Million), 2021 - 2031

In the year 2024, the Global MRI Safe Neurostimulation Systems Market was valued at USD 342.82 million. The size of this market is expected to increase to USD 966.84 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 16.0%.

The Global MRI Safe Neurostimulation Systems Market represents a dynamic sector within medical technology, characterized by innovations aimed at improving patient outcomes in neurology and chronic pain management. These advanced systems are designed to provide therapeutic benefits while ensuring compatibility with magnetic resonance imaging (MRI), a critical diagnostic tool in healthcare. This compatibility enables healthcare providers to conduct comprehensive evaluations and adjustments to treatment plans without the need for device removal, thereby optimizing patient care.

Neurostimulation systems offer non-pharmacological treatment options for a range of neurological disorders and chronic pain conditions. These include spinal cord stimulation (SCS) for chronic pain management, deep brain stimulation (DBS) for movement disorders, and vagus nerve stimulation (VNS) for epilepsy and depression. The market's evolution is driven by technological advancements that enhance device safety, efficacy, and patient comfort, making neurostimulation an increasingly preferred choice in multidisciplinary treatment strategies.

As healthcare systems worldwide emphasize personalized medicine and minimally invasive therapies, the demand for MRI safe neurostimulation systems is poised for growth. This growth is supported by expanding applications in both hospital settings and ambulatory surgical centers, where these systems cater to diverse patient needs and clinical specialties. The market's trajectory is further influenced by regulatory landscapes, reimbursement policies, and ongoing research aimed at expanding therapeutic indications and improving device performance. In this context, understanding market trends and adoption patterns across different regions is essential for stakeholders aiming to navigate and capitalize on opportunities in the evolving Global MRI Safe Neurostimulation Systems Market.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product
    2. Market Snapshot, By Application
    3. Market Snapshot, By End-Use
    4. Market Snapshot, By Region
  4. Global MRI Safe Neurostimulation Systems Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Advancements in Neurostimulation Technology
        2. Rising Prevalence of Neurological Disorders
        3. Increasing Demand for Minimally Invasive Procedures
        4. Growing Aging Population
      2. Restraints
        1. High Cost of MRI-Safe Neurostimulation Systems
        2. Regulatory Challenges and Compliance Requirements
        3. Limited Awareness and Access in Developing Regions
        4. Potential Risks and Safety Concerns
      3. Opportunities
        1. Expansion in Emerging Markets
        2. Technological Innovations in MRI Compatibility
        3. Collaborations and Partnerships with Healthcare Providers
        4. Integration with AI and Machine Learning
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global MRI Safe Neurostimulation Systems Market, By Product, 2021 - 2031 (USD Million)
      1. Implantable
      2. Transcutaneous
    2. Global MRI Safe Neurostimulation Systems Market, By Application, 2021 - 2031 (USD Million)
      1. Sensory Nerve Stimulation
      2. Spinal Cord Stimulation
      3. Intracranial Stimulation
      4. Deep Brain Stimulation
      5. Motor Cortex Stimulation
      6. Vagus Nerve Stimulation
      7. Others
    3. Global MRI Safe Neurostimulation Systems Market, By End-Use, 2021 - 2031 (USD Million)
      1. Hospitals
      2. Ambulatory Surgical Centers
      3. Diagnostic Laboratories
      4. Others
    4. Global MRI Safe Neurostimulation Systems Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. AADCO Medical
      2. Biotronik
      3. Boston Scientific
      4. Codman & Shurtleffs
      5. Cyberonics
      6. Medtronic
      7. Neuronetics
      8. Nevro Corporation
      9. Sorin
      10. St. Jude Medical
  7. Analyst Views
  8. Future Outlook of the Market