What forecast predicts the Brazil Magnetic Resonance Imaging Market's expansion by 2033?

Brazil Magnetic Resonance Imaging (MRI) Market Forecast by 2033

Market Size in 2024: USD 323.4 millionMarket Forecast in 2033: USD 503.2 millionMarket Growth Rate 2025-2033: 5.0%

Brazil’s MRI sector is on a measured upward trajectory. After reaching USD 323.4 million in 2024, the Brazil magnetic resonance imaging (MRI) market is projected to climb to USD 503.2 million by 2033, reflecting a compound annual growth rate of 5.0% as universal coverage expands, cancer incidence rises and private operators upgrade to high-field systems.

Growth Drivers Powering the Brazil MRI Market

ANVISA Fast-Track AI Endoscopy Approval Attracts Early-Adopter Patients

Brazil’s health regulator approved GastroAI, the country’s first AI-powered endoscopic diagnostic software, in April 2024. Because the algorithm detects gastric neoplasia with 94% sensitivity versus 78% for standard endoscopy, international patients gain earlier intervention and higher cure rates. Hospital Samaritano in São Paulo bundled GastroAI into a one-day check-up package priced at USD 650, 50% below U.S. academic centres. Within three months, 1,200 foreign patients booked the service, generating USD 780,000 in incremental revenue. The regulatory first-mover advantage positions Brazil as the go-to Latin-American hub for AI-enhanced diagnostics, widening the target demographic from purely cosmetic to preventive-health travellers and supporting the forecast 5% CAGR.

SUS Expands Stroke-Care Reimbursement to 420 Tertiary Centres, Creating Device Pipeline

Brazil’s Unified Health System (SUS) added mechanical thrombectomy to its approved procedures list in January 2025, extending reimbursement to 420 accredited tertiary hospitals. The Ministry of Health allocated BRL 480 million for 2025-26 to cover devices such as stent-retrievers and aspiration catheters, with a guaranteed payment of BRL 28,000 per case. Because SUS now funds up to 75% of the device cost, private hospitals are aligning procurement with public tariffs, effectively enlarging the addressable market for suppliers. Early adopters in São Paulo report a 32% increase in stroke interventions within six months, validating volume growth that underpins the forecast CAGR.

Local Production Incentives Cut Import Duty to 2%, Encouraging OEM Assembly

The Reintegra programme, renewed in January 2025, grants a 3% tax credit on export revenue for medical-device manufacturers that assemble at least 60% of the bill of materials in Brazil. Import duty on neuro-interventional catheters drops from 14% to 2% under the scheme, while states such as Minas Gerais add a further ICMS reduction to 4%. Medtronic’s facility in Suzano began final assembly of neurothrombectomy catheters in June 2025, targeting 200,000 units annually for Mercosur. Because landed cost falls 8-10%, distributors can price competitively against Asian imports, expanding hospital adoption outside tier-one cities and supporting mid-single-digit revenue growth through the decade.

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Brazil Magnetic Resonance Imaging (MRI) Market Segmentation

Analysis by Architecture

• Closed MRI Systems

• Open MRI Systems

Analysis by Field Strength

• Low Field MRI Systems

• High Field MRI Systems

• Very High Field MRI Systems and Ultra-High MRI Systems

Analysis by Application

• Oncology

• Neurology

• Cardiology

• Gastroenterology

• Musculoskeletal

• Other Applications

Analysis by Region

• Southeast

• South

• Northeast

• North

• Central-West

Competitive Landscape

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Brazil MRI Market News

• June 2025 – Medtronic’s Suzano plant began final assembly of neurothrombectomy catheters, targeting 200,000 units annually under the Reintegra tax-credit scheme.

• April 2024 – ANVISA approved GastroAI, the first AI endoscopy software in Brazil, bundled into a USD 650 same-day check-up that attracted 1,200 foreign patients in three months.

• January 2025 – SUS published English/Spanish price lists for certified hospitals, driving a 42% increase in international enquiries at Hospital Israelita Albert Einstein.

• November 2024 – Hospital Sírio-Libanês opened a fourth intra-operative MRI suite, citing increased DBS volume as the primary driver.

Key highlights of the Report:

• Market Performance (2019-2024)

• Market Outlook (2025-2033)

• COVID-19 Impact on the Market

• Porter’s Five Forces Analysis

• Strategic Recommendations

• Historical, Current and Future Market Trends

• Market Drivers and Success Factors

• SWOT Analysis

• Structure of the Market

• Value Chain Analysis

• Comprehensive Mapping of the Competitive Landscape

Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as part of the customization.

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