MRI Guided Neurosurgical Ablation Market 2021 Size, Growth Analysis Report, Forecast

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MRI Guided Neurosurgical Ablation Market Size
2021 Incredible Possibilities, Growth, Trend,
Opportunities Detailed Analysis and Forecast

• April 2021

Report Id  REP-GB-583 Published On
 2016-09-22Category Healthcare,
Pharmaceuticals Medical Devices
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MRI Guided Neurosurgical Ablation Market Analysis
According to the latest market report published
by Future Market Insights titled 'MRI-Guided
Neurosurgical Ablation Market Global Industry
Analysis 2013-2017 and Opportunity Assessment
2018-2028', the global MRI-guided neurosurgical
ablation market is projected to expand at a CAGR
of 4.9 during the forecast period 2018-2028 and
reach US 216.3 Mn by the end of 2028. Global
MRI-guided Neurosurgical Ablation Market
Dynamics  The per capita healthcare expenditure
is currently following an uptrend across both
developed and developing economies, which has
made possible to implement quality patient care
treatment options. The growing awareness
regarding minimally surgery is expected to fuel
the demand for MRI-guided neurosurgical system in
the global market. The demand for MRI-guided
neurosurgical system is primarily emanating from
countries such as the U.S., Germany, the U.K.
and Australia due to factors such as enhanced
emergency room services coupled with
affordability. According to a study published by
the Oxford University in 2017, the overall
incidence of brain cancer worldwide was 264,241
with prevalence of 5.57 per 100,000 people. The
MRI-guided neurosurgical ablation system is more
often used for the treatment of brain cancer,
hence rising prevalence of brain cancer is
expected to boost the growth of the market over
the next decade.
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MRI Guided Neurosurgical Ablation Market Analysis
The MRI-guided neurosurgical ablation system
requires a skilled neurosurgeon to perform the
surgery efficiently, thereby shortage of
neurosurgical workforce is a factor expected to
hamper the growth of the MRI-guided neurosurgical
ablation market. Request a Sample Report with
Table of Contents and Figures https//www.futurem
arketinsights.com/reports/sample/rep-gb-2514 Glob
al MRI-guided Neurosurgical Ablation Market
Forecast  The global MRI-guided neurosurgical
ablation market is segmented on the basis of
product type, end users and regions. On the basis
of product type, the global MRI-guided
neurosurgical ablation market has been segmented
into MRI-guided laser therapy systems, MRI-guided
RF ablation systems, MRI-guided focused
ultrasound system and accessories. The MRI-guided
ultrasound focused system segment is expected to
grow at a significant rate as the use of the
system omits the need of an incision, which is
required during the surgical procedure. The
accessories segment is expected to dominate the
global MRI-guided neurosurgical ablation market
due to increasing adoption of minimally invasive
surgery throughout the globe. The MRI-guided
laser therapy systems segment is projected to
witness significant growth compared to the
MRI-guided RF ablation systems segment, and to
reach the market value of US 30.9 Mn by 2028
with a CAGR of 4.0 over the forecast period.
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MRI Guided Neurosurgical Ablation Market Analysis
On the basis of end users, the MRI-guided
neurosurgical ablation market has been segmented
into hospitals, ambulatory surgical centers and
research laboratories. The hospitals segment is
expected to dominate the global MRI-guided
neurosurgical ablation market in 2018 as a large
number of patients visit hospitals for the
treatment of brain cancer. The ambulatory
surgical center segment is estimated to account a
high value share of 33.0 of the global
MRI-guided neurosurgical ablation market by 2018
end and is expected to account for 30.2 share of
the global MRI-guided neurosurgical ablation
market by 2028 end. Preview Analysis Global MRI
Guided Neurosurgical Ablation Market Segmentation
By Product type (MRI Guided Laser Therapy
Systems, MRI Guided RF Ablation Systems, MRI
Guided Focused Ultrasound Systems, Accessories,
Probes, Electrodes) By End User (Hospitals,
Ambulatory Surgical Centers, Research
Laboratories) https//www.futuremarketinsights.co
m/reports/mri-guided-neurosurgical-ablation-market

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MRI Guided Neurosurgical Ablation Market Analysis
On the basis of region, the MRI-guided
neurosurgical ablation market has been segmented
into North America, Latin America, Western
Europe, Eastern Europe, Asia-Pacific excluding Jap
an, China, Japan and Middle East  Africa. North
America dominated the global MRI-guided
neurosurgical ablation market with maximum value
share in 2017, as MRI-guided neurosurgical
ablation system were installed in more than 70
hospitals in the U.S. One-third of MRI-guided
neurosurgical ablation market share by value is
accounted by the U.S. due to increasing
prevalence of cancer and rising adoption of
minimally invasive surgeries. China and APECJ are
the fast-growing regional markets for MRI-guided
neurosurgical ablation due to rising prevalence
of brain cancer and expansion strategies followed
by the key manufacturers in the regions. Latin
America and MEA are expected to witness sluggish
growth in the global MRI-guided neurosurgical
ablation market due to low awareness regarding
MRI-guided neurosurgery and lack of medical
professionals.
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MRI Guided Neurosurgical Ablation Market Analysis
Global MRI-guided Neurosurgical Ablation Market
Competitive Landscape  Examples of some of the
top players operating in the global MRI-guided
neurosurgical ablation market are Medtronic plc,
Boston Scientific Corporation, Insightec Lmt,
AngioDynamics Inc, Monteris Medical Inc, and MRI
Intervention Inc. Maintaining and expanding
international presence is an important long-term
growth strategy of the leading manufacturers of
MRI-guided neurosurgical ablation system. In
addition, the manufacturers of MRI-guided
neurosurgical ablation systems are investing in
the emerging markets to strengthen their sales
and service capabilities and gain maximum market
share.
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