The global MR imaging in neurosurgery market is anticipated to observe impressive growth during the forecast period, 2023-2027. The major factors include growing prevalence of neurological conditions, rising awareness, and extensive development in technology are propelling the growth of the market.
Rising Prevalence of Neurological Conditions and Rising awareness
Rising Preference for Minimally Invasive Surgeries
Over the past few years, the rising adoption of minimally invasive neurosurgeries is augmenting the growth of the market. Nowadays, people preference toward minimal invasive surgeries is rising as it aims to minimize damage to human tissues and have quick recovery rate with less discomfort, which impels the growth of the market. This technique reduces the risk of surgery and involves smaller incisions and smaller instruments as compared to conventional surgery.
Rising Technological Advancements
For instance, Insightec’s MR-guided Focused Ultrasound (MRgFUS) is utilized for the treatment of essential tremor and tremor-dominant PD. It is an incisionless procedure which produces ultrasound beams, by which the targeted tissue from the brain is removed.
Market Segmentation
In terms of country, the United States is expected to be a lucrative market in the forecast period due to rising number of neurological conditions in the country.
Market Players
Aspect Imaging Ltd., Brainlab AG, Canon Inc., AiM Medical Robotics, Esaote S.p.A, Deerfield Management Company, Fonar Corporation, Fujifilm Holdings Corporation, Hyperfine Inc., Koninklijke Philips N.V., Medtronic plc, Monteris Medical Corporation, Profound Medical Corp., Siemens Healthineers AG, and GE Healthcare
Attribute | Details |
Base Year | 2021 |
Historic Data | 2017 – 2020 |
Estimated Year | 2022 |
Forecast Period | 2023 – 2027 |
Quantitative Units | Revenue in USD Million, Volume Units and CAGR for 2017-2021 and 2022-2027 |
Report coverage | Revenue forecast, Volume forecast company share, competitive landscape, growth factors, and trends |
Segments covered | · Type · Product · End User · Company |
Regional scope | North America; Asia Pacific; Europe & CIS; South America; Middle East & Africa |
Country scope | United States; Canada; Mexico; China; India; Japan; South Korea; Germany; France; United Kingdom; Spain; Italy; Brazil; Argentina; Colombia; South Africa; UAE; Saudi Arabia; South Africa; Turkey; Egypt; |
Key companies profiled | Aspect Imaging Ltd., Brainlab AG, Canon Inc., AiM Medical Robotics, Esaote S.p.A, Deerfield Management Company, Fonar Corporation, Fujifilm Holdings Corporation, Hyperfine Inc., Koninklijke Philips N.V., Medtronic plc, Monteris Medical Corporation, Profound Medical Corp., Siemens Healthineers AG, and GE Healthcare |
Customization scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
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