AbstractThis article presents a comprehensive review of current Magnetic Imaging Techniques (MIT), specifically Magnetic Particle Imaging (MPI) and Magnetic Resonance Imaging (MRI) methods as well as their impacts and potential in biomedical applications.The paper particularly focuses on several perspectives of MPI and MRI techniques including technical considerations, advantages, limitations, applications, future trends.Surprisingly, there are not many review articles that focused on MPI and MRI. This review will give a complete overview of present technology, perspectives, and potential future developments for MPI and MRI.MIT has become an essential and integral part of medical diagnosis in many large medical clinics and hospitals. This area is rapidly developing and evolving to meet the huge demands in medical diagnosis and prevention. MPI and MRI are promising technologies that provide reliable and effective diagnosis for many diseases including cancer. MIT uses non‐invasive scanning to obtain a detailed image of the body's tissues or organs without the necessity for surgery. These techniques allow us to detect symptoms of serious diseases at an early stage. Early detection also gives patients the chance to get the right care before their illnesses advance to a late, incurable stage, potentially saving many lives.