MR Imaging in Neurosurgery Market to be dominated by Growing Occurrences of Brain Cancers and Extensive Technological Advancements through 2027
Growing occurrences of
neurological disorders to drive the MR imaging in neurosurgery market in the
forecast period, 2023-2027.
According to TechSci Research report, “MR
Imaging in Neurosurgery Market - Global Industry Size, Share, Trends, Opportunity,
and Forecast, 2017-2027”, the global MR imaging in neurosurgery market is
anticipated to grow at a significant rate in the forecast period, 2023-2027. The
rising preference for minimally invasive surgeries, increasing prevalence of neurological
conditions, and extensive research and development are the primary factors
driving the demand for the global MR imaging in neurosurgery market. The growing
demand for intraoperative imaging, adoption of advanced technology in the field
of robotics and medical imaging, surge in the number of patients, rising
healthcare expenditure, growing geriatric base, and rising investment for
research and technological development are expected to influence the market
demand. Also, the adoption of growing number of mergers and strategic
acquisitions by the market players are also a key factor for increasing the
growth of the MR imaging in neurosurgery market, globally.
However, the high cost associated with MRI
system, declining reimbursement rates for MRI systems and incompatibility of
MRI systems in some patients may hamper the growth of the global MR Imaging in
Neurosurgery market.
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The global MR imaging in
neurosurgery market is segmented into type, product, end user, and company.
Based on type, the market is
divided into conventional MR imaging devices and robotic-assisted MR imaging
devices. The conventional MR imaging devices segment is expected to hold the
largest market share. This is attributed to the better knowledge of the
technique and frequent use od them by the professionals
Based
on product, the market is divided into systems, instruments and accessories.
The systems segment is anticipated to grow during the forecast period.
Based on end user, the market
is divided into hospitals & clinics, ambulatory surgical center, and
others. The hospitals &
clinics segment is anticipated to grow during the forecast period. This is
attributed to the growing healthcare infrastructure, vast population pool, and increasing
healthcare spending.
Major operating companies
operating in global MR imaging in neurosurgery market are:
- 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
- GE Healthcare
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“North America region dominates the
market in 2021 and is expected to maintain its dominance in the coming years
due to the presence of well-established healthcare facilities and growing
incidence of brain cancers. The surge in research and development activities, strong
presence of prominent players, rising healthcare expenditure and various initiatives
in the healthcare sector by the government in the region are another key factor.
Also, increasing adoption of expansion strategies and adoption of advanced
technologies in the region are expected to propel the global MR imaging in
neurosurgery market growth till 2027” said Mr. Karan Chechi, Research Director
with TechSci Research, a research based global management consulting firm.
“MR Imaging in
Neurosurgery Market - Global Industry Size, Share, Trends, Opportunity, and
Forecast, 2017-2027 Segmented By Type (Conventional MR Imaging Devices v/s
Robotic-Assisted MR Imaging Devices), By Product (Systems, Instruments &
Accessories), By End User (Hospitals & Clinics, Ambulatory Surgical Center,
Others), By company and By Region”, has evaluated the future growth
potential of global MR imaging in neurosurgery market and provides statistics
& information on market size, structure, and future market growth. The
report intends to provide cutting-edge market intelligence and help decision
makers take sound investment decisions. Besides, the report also identifies and
analyzes the emerging trends along with essential drivers, challenges, and
opportunities in global MR imaging in neurosurgery market.
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