MRI Motion Tracking Systems Market (By Type: Optical Tracking Systems, Software; By Product: Marker, Marker-less) - Global Industry Analysis, Size, Share, Growth, Trends, Revenue, Regional Outlook and Forecast 2022-2030

The global MRI motion tracking systems market was surpassed at USD 2.83 million in 2021 and is expected to hit around USD 12.89 million by 2030, growing at a CAGR of 18.35% from 2022 to 2030

Report Highlights

• The optical tracking systems are expected to grow at a lucrative CAGR of 20.22% during the forecast period. 
• Marker less systems are expected to grow at a faster rate of 23.62%. 
• North America dominated the global market by capturing over 58.42% of the revenue share in 2021. 
• The APAC region accounts for a higher CAGR of 40.96% in the forecast period. 

The increased need by radiologists to capture sharp and clear images with reduced artifacts minimized errors, and reduced need for multiple MRI scans, are factors influencing the growth of the industry.

During MRI scans, especially brain scans, the patient’s head must remain still, which often causes discomfort to the patients, resulting in unclear and blurred images. This ultimately prevents the radiologists from effectively analyzing MRI images and forces them to conduct multiple scans. Unnecessary scans cause a great economic burden on the hospital, radiologist, and insurer. Hence, it calls for systems such as motion tracking that saves analysis time, ensure patient comfort, and improve diagnostic capabilities.

This market is at a nascent stage, as only 2 companies across the globe, named, Kineticor and TracInnovations, have received FDA approval for the commercialization of their products. The addition of such systems within the MRI systems provides the following advantages:

• Reduced need for sedation among children and patients with involuntary motions.
• Minimized scanning cost: MRI motion tracking systems, reduces the need for multiple scans due to motion artifacts, saving ~$115,000 per scanner per year. Such systems further save ~$145,000 by eliminating the need for sedation.
• The images obtained by these systems hold high correction freedom of up to 6 degrees for MRI application.
• The quick image capturing: These systems record images at 60 frames per second.
• They have high compatibility with Siemens, Phillips, and GE MRI, and can fit easily in any bore size and field strength of 1.5 T to 7 T machines.

Numerous research is been conducted in this space to determine system efficacy, safety, and accuracy. Motion tracking systems from new market entrants like Metria Innovations are being used by numerous research institutes and universities and are soon to receive FDA approval for product launch. Various universities are developing their systems for research purposes and may file FDA approvals for the same. Hence, the market holds great potential for new entrants as there is a limited presence of highly sophisticated systems at the moment.

Scope of The Report

Type Insights

The optical tracking systems are expected to grow at a lucrative CAGR of 20.22% during the forecast period. Based on type, the MRI motion tracking system market is segmented into optical tracking systems and software. These systems mainly consist of cameras with different specifications such as pixels ranging from 2 MP to 15MP, resolutions starting from 1920x1080 to 4096x3072 and beyond, and frame speeds starting from 360 fps to as high as 665 fps.

Kineticor installs 4 cameras installed within the Siemens MRI system, which allows tracking of patient movement in real-time. The camera is efficiently designed to fit any bore size within the MRI system. The optical system developed by TracInnovations, has 3D bore surface camera with invisible infrared light. The presence of only 2 major companies in this market space, ensures huge growth potential in the future.

Product Insights

Markerless systems are expected to grow at a faster rate of 23.62%. Based on the product, the MRI motion tracking systems market is segmented into a marker and marker-less systems. These systems construct points to model of the body part like the head as a reference, to estimate movements. The structured light technique can be used to measure motion monitoring as well as retrospective or prospective correction of the acquired data. The system was first introduced for motion?correction applications in PET and has since been adapted for use in MRI scanners, with PMC demonstrated in 3D FLASH.

Other markerless motion measurement approaches (that do not use MR navigators) include a stereo camera system, which detects features from a stamp applied to the patient’s forehead to retrospectively correct MRI data, and targeted optimization, to estimate motion for retrospective correction of 2D RARE images. TracInnovation is the only company providing a commercial markerless motion correction system. Hence, the market holds great potential for new entrants.  

Regional Insights

North America dominated the global market by capturing over 58.42% of the revenue share in 2021. Increased adoption of MRI scans over other diagnostic modalities, high healthcare GDP, stringent diagnostic regulation, and the presence of numerous research institutes working to develop more effective systems.

The APAC region accounts for a higher CAGR of 40.96% in the forecast period. This high-growth region holds the potential to develop local systems at a minimized cost in the future and increased contracts to contract research manufacturers from manufacturers of developed nations. Latin America and the Middle East and Africa markets generated no revenue from 2020 to 2021. However, it is said to improve by 2022 as local players would enter the market.

Key Players

• Manufacturers

• TracInnovations
• Kineticor
• OEM
• Theia
• New Market Entrants
• Metria Innovations

Market Segmentation

• By Type Outlook
• Optical Tracking Systems
• Software
• By Product Outlook 
• Marker systems
• Marker-less Systems
• By Regional Outlook 
• North America

• U.S.
• Canada
• Europe
• U.K.
• Germany
• Italy
• France
• Spain
• Asia Pacific
• India
• China
• Japan
• South Korea
• Latin America
• Brazil
• Mexico
• Argentina
• Middle East & Africa
• South Africa
• Saudi Arabia
• UAE