Under the direction of President and CEO Peter Fischer, InkSpace Imaging is pioneering a breakthrough in MRI technology with ultralight, flexible, body-conforming MRI coils. The company was initially focused on pediatrics, addressing a long-standing gap in MRI accessibility and patient comfort for children, who often require sedation due to poorly fitting, rigid coils. Building on this foundation, InkSpace Imaging has expanded its product line, securing FDA clearance for adult MRI applications as well, bringing the same advancements in comfort and imaging quality to a broader patient population.
By replacing uncomfortable, one-size-fits-all coils with customized, high-performance solutions, InkSpace Imaging is improving image quality, reducing scan times, and enhancing patient comfort—all while making MRI more efficient for hospitals and healthcare providers. Its coils are plug-and-play compatible with Siemens, GE, and Philips MRI systems, requiring no workflow or software modifications. Additionally, they fit seamlessly into current reimbursement models, making adoption straightforward for hospitals and imaging centers.
With FDA-cleared products, a strategic partnership with Siemens, and a growing presence with GE and Philips, InkSpace Imaging is rapidly scaling. As the company expands globally, it continues to demonstrate how innovation in MRI coils can optimize patient care, streamline workflows, and increase hospital efficiency.
MRI technology has long relied on rigid, heavy receive coils designed for six-foot-tall adult males—leaving much of the population, particularly children, without optimally fitting imaging solutions. This mismatch results in suboptimal image quality, uncomfortable exams, often required sedation, and longer scan times or repeat exams.
InkSpace Imaging was founded to change that. The company’s co-founders, Prof. Michael Lustig and Prof. Ana Claudia Arias, combined their expertise in MRI physics and printed electronics to develop the world’s first super flexible, ultralight MRI receive coils. While their initial focus was on pediatric imaging, it became clear their technology could enhance MRI experiences for patients of all ages.
Recognizing the potential to revolutionize imaging, Peter Fischer joined as an advisor in 2018 before stepping into the CEO role in 2019. With a robust background in printed electronics, he recognized the transformational potential of this technology for medical imaging. “MRI is a well-established diagnostic procedure with 100 million exams performed every year—yet the technology around coils has remained largely unchanged,” Fischer explained. “Existing coils are bulky and rigid, making them a poor fit for most patients, especially children. By making them flexible and lightweight, we’re transforming both image quality and patient comfort and bringing hospital efficiency to a different level.”
MRI is one of the most powerful diagnostic tools in medicine. Yet, MRI coil technology hasn’t evolved to meet the growing demand for faster, more comfortable, and higher-resolution imaging.
Challenges with traditional coils:
“Every hospital in the world faces these challenges,” Fischer noted. “Our technology removes the barriers that have made MRI uncomfortable, inefficient, and, in many cases, ineffective.”
InkSpace Imaging’s flexible, printed MRI receive coils offer a revolutionary alternative to traditional rigid coils. Their patented technology enables lightweight, body-conforming coils that dramatically improve imaging performance and patient experience.
Key advantages of InkSpace Imaging’s coils:
“We’re bringing MRI into the 21st century,” Fischer said. “Our coils snap-fit to the body, providing anatomically optimized imaging without the discomfort or inefficiencies of rigid coils.”
InkSpace Imaging is making rapid strides in commercialization and global expansion, with new partnerships, increasing sales, and product development efforts. Key milestones include:
“We’ve proven the demand for our technology,” Fischer said. “Now, we’re scaling up to make this the standard for MRI worldwide.”
Magnetic resonance imaging has evolved significantly since its early applications in medical imaging back in the 1970s. The imaging modality is now a vital tool within the suite of imaging modalities that make up a $41.1 billion global diagnostic imaging market.
According to LSI’s Market Analysis and Projections database, a global device market sizing database, MRI is the second largest segment of the entire diagnostic imaging market, with an estimated $8.1B in equipment sales as of 2024. LSI projects that this market will grow at a healthy CAGR of 3.6% from 2024 to 2029.
Looking more closely at the MRI coils market, LSI anticipates that growth of the global MRI coil sales will significantly outpace equipment sales, with an estimated CAGR of 6.3% for the ~$2 billion market.
Magnetic resonance imaging has entered a new generation as a result of current technological innovations—such as artificial intelligence and advanced coil designs—that are making the modality more accessible, capable, and versatile. The recognition of MRI as an ideal imaging modality for interventional procedures—such as high-intensity focused ultrasound (HIFU) and other emerging applications both in the operating room and the point-of-care—is anticipated to be a powerful tailwind for innovation and market growth.
Fischer has been selected to present at LSI USA '25 (March 17-21) in Dana Point, CA, LSI Asia '25 (June 10-13) in Singapore, and LSI Europe '25 (September 7-11) in London, where he will take the stage in front of hundreds of global medical technology companies. Join us in welcoming Fischer where he will share the latest updates on Inkspace Imaging’s technology and development.
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