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Report Description

Report Description

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. MR imaging has become the main imaging modality in the evaluation of brain cancers. Neurosurgeons count on MRI technology to achieve accurate pictures of the brain that help them in removing as well as treating the brain tumors and other conditions such as epilepsy. The other factors supporting the market’s growth are, rise in R&D activities, increasing favorable government funding, rising preference for minimally invasive surgeries, the rising healthcare expenditure in developed and developing economies, rise in aging population base, growing demand for intraoperative imaging, growing number of mergers and strategic acquisitions, and rise in technological advancements in the field of robotics and medical imaging.

Rising Prevalence of Neurological Conditions and Rising awareness

The growing occurrences of neurological conditions such as traumatic brain injury, transnasal hemorrhage, intracerebral hemorrhage (ICH), depression, and Parkinson's is bolstering the growth of the market. According to a journal of neurosurgery, approximately 22.6 million patients suffer from neurological disorders or injuries that need neurosurgeon, of whom 13.8 million require surgery, every year. Furthermore, various initiatives are taken by governments of respective nations and private organization to make people aware of the early diagnosis and treatment of brain disorders. For instance, a campaign was launched by the National Brain Tumor Society “It’s Your Fight, It’s Our Fight” with objective to educate and engage people through various activities that can help to spread awareness related to brain tumors.

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

Rapid advancements techniques such as AI in MRI, open MRI, visualization software, 7T, a high-resolution MRI, and others, are propelling the growth of the market. This is due to the rise in demand for quick and effective diagnostic. Also, the advancements in the field of robotics and medical imaging are bolstering the growth of the market. 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.


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Market Segmentation

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. Based on product, the market is divided into systems, instruments, and accessories. Based on end user, the market is divided into hospitals & clinics, ambulatory surgical center, and others. 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 are some of the leading companies operating in the market.

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.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)


Report Scope:

In this report, global MR imaging in neurosurgery market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

·         MR Imaging in Neurosurgery Market, By Type:

    • Conventional MR Imaging Devices
    • Robotic-Assisted MR Imaging Devices    

·         MR Imaging in Neurosurgery Market, By Product:

o    Systems

o    Instruments & Accessories

·         MR Imaging in Neurosurgery Market, By End User:

o    Hospitals & Clinics

o    Ambulatory Surgical Center

o    Others

·         MR Imaging in Neurosurgery Market, By Region:

    • North America
      • United States
      • Canada
      • Mexico
    • Asia-Pacific
      • China
      • India
      • Japan
      • Australia
      • South Korea
    • Europe & CIS
      • Germany
      • France
      • United Kingdom
      • Spain
      • Italy
    • South America
      • Brazil
      • Argentina
      • Colombia
    • Middle East & Africa

§  South Africa

§  Saudi Arabia

§  UAE

§  Turkey

§  Egypt

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Global MR Imaging in Neurosurgery Market

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).
MR Imaging in Neurosurgery Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]
Table of content

Table of content

1.    Product Overview

2.    Research Methodology

3.    Executive Summary

4.    Impact of COVID-19 on Global MR Imaging in Neurosurgery Market

5.    Voice of Customer

6.    Clinical Trial Analysis

7.    Global MR Imaging in Neurosurgery Market Outlook

7.1.  Market Size & Forecast

7.1.1.     By Value

7.2.  Market Share & Forecast

7.2.1.     By Type (Conventional MR Imaging Devices v/s Robotic-Assisted MR Imaging Devices)

7.2.2.     By Product (Systems, Instruments & Accessories)

7.2.3.     By End User (Hospitals & Clinics, Ambulatory Surgical Center, Others)

7.2.4.     By Company (2021)

7.2.5.     By Region

7.3.  Market Map

8.    North America MR Imaging in Neurosurgery Market Outlook

8.1.  Market Size & Forecast          

8.1.1.     By Value

8.2.  Market Share & Forecast

8.2.1.     By Type

8.2.2.     By Product

8.2.3.     By End User

8.2.4.     By Country

8.3.  North America: Country Analysis

8.3.1.     United States MR Imaging in Neurosurgery Market Outlook

8.3.1.1.         Market Size & Forecast

8.3.1.1.1.             By Value

8.3.1.2.         Market Share & Forecast

8.3.1.2.1.             By Type

8.3.1.2.2.             By Product

8.3.1.2.3.             By End User

8.3.2.     Canada MR Imaging in Neurosurgery Market Outlook

8.3.2.1.         Market Size & Forecast

8.3.2.1.1.             By Value

8.3.2.2.         Market Share & Forecast

8.3.2.2.1.             By Type

8.3.2.2.2.             By Product

8.3.2.2.3.             By End User

8.3.3.     Mexico MR Imaging in Neurosurgery Market Outlook

8.3.3.1.         Market Size & Forecast

8.3.3.1.1.             By Value

8.3.3.2.         Market Share & Forecast

8.3.3.2.1.             By Type

8.3.3.2.2.             By Product

8.3.3.2.3.             By End User

9.    Europe MR Imaging in Neurosurgery Market Outlook

9.1.  Market Size & Forecast          

9.1.1.     By Value

9.2.  Market Share & Forecast

9.2.1.     By Type

9.2.2.     By Product

9.2.3.     By End User

9.2.4.     By Country

9.3.  Europe: Country Analysis

9.3.1.     France MR Imaging in Neurosurgery Market Outlook

9.3.1.1.         Market Size & Forecast

9.3.1.1.1.             By Value

9.3.1.2.         Market Share & Forecast

9.3.1.2.1.             By Type

9.3.1.2.2.             By Product

9.3.1.2.3.             By End User

9.3.2.     Germany MR Imaging in Neurosurgery Market Outlook

9.3.2.1.         Market Size & Forecast

9.3.2.1.1.             By Value

9.3.2.2.         Market Share & Forecast

9.3.2.2.1.             By Type

9.3.2.2.2.             By Product

9.3.2.2.3.             By End User

9.3.3.     United Kingdom MR Imaging in Neurosurgery Market Outlook

9.3.3.1.         Market Size & Forecast

9.3.3.1.1.             By Value

9.3.3.2.         Market Share & Forecast

9.3.3.2.1.             By Type

9.3.3.2.2.             By Product

9.3.3.2.3.             By End User

9.3.4.     Italy MR Imaging in Neurosurgery Market Outlook

9.3.4.1.         Market Size & Forecast

9.3.4.1.1.             By Value

9.3.4.2.         Market Share & Forecast

9.3.4.2.1.             By Type

9.3.4.2.2.             By Product

9.3.4.2.3.             By End User

9.3.5.     Spain MR Imaging in Neurosurgery Market Outlook

9.3.5.1.         Market Size & Forecast

9.3.5.1.1.             By Value

9.3.5.2.         Market Share & Forecast

9.3.5.2.1.             By Type

9.3.5.2.2.             By Product

9.3.5.2.3.             By End User

10.  Asia-Pacific MR Imaging in Neurosurgery Market Outlook

10.1.              Market Size & Forecast

10.1.1.  By Value

10.2.              Market Share & Forecast

10.2.1.  By Type

10.2.2.  By Product

10.2.3.  By End User

10.2.4.  By Country

10.3.              Asia-Pacific: Country Analysis

10.3.1.  China MR Imaging in Neurosurgery Market Outlook

10.3.1.1.      Market Size & Forecast

10.3.1.1.1.           By Value

10.3.1.2.      Market Share & Forecast

10.3.1.2.1.           By Type

10.3.1.2.2.           By Product

10.3.1.2.3.           By End User

10.3.2.  India MR Imaging in Neurosurgery Market Outlook

10.3.2.1.      Market Size & Forecast

10.3.2.1.1.           By Value

10.3.2.2.      Market Share & Forecast

10.3.2.2.1.           By Type

10.3.2.2.2.           By Product

10.3.2.2.3.           By End User

10.3.3.  Japan MR Imaging in Neurosurgery Market Outlook

10.3.3.1.      Market Size & Forecast

10.3.3.1.1.           By Value

10.3.3.2.      Market Share & Forecast

10.3.3.2.1.           By Type

10.3.3.2.2.           By Product

10.3.3.2.3.           By End User

10.3.4.  South Korea MR Imaging in Neurosurgery Market Outlook

10.3.4.1.      Market Size & Forecast

10.3.4.1.1.           By Value

10.3.4.2.      Market Share & Forecast

10.3.4.2.1.           By Type

10.3.4.2.2.           By Product

10.3.4.2.3.           By End User

10.3.5.  Australia MR Imaging in Neurosurgery Market Outlook

10.3.5.1.      Market Size & Forecast

10.3.5.1.1.           By Value

10.3.5.2.      Market Share & Forecast

10.3.5.2.1.           By Type

10.3.5.2.2.           By Product

10.3.5.2.3.           By End User

11.  South America MR Imaging in Neurosurgery Market Outlook

11.1.              Market Size & Forecast

11.1.1.  By Value

11.2.              Market Share & Forecast

11.2.1.  By Type

11.2.2.  By Product

11.2.3.  By End User

11.2.4.  By Country

11.3.              South America: Country Analysis

11.3.1.  Brazil MR Imaging in Neurosurgery Market Outlook

11.3.1.1.      Market Size & Forecast

11.3.1.1.1.           By Value

11.3.1.2.      Market Share & Forecast

11.3.1.2.1.           By Type

11.3.1.2.2.           By Product

11.3.1.2.3.           By End User

11.3.2.  Argentina MR Imaging in Neurosurgery Market Outlook

11.3.2.1.      Market Size & Forecast

11.3.2.1.1.           By Value

11.3.2.2.      Market Share & Forecast

11.3.2.2.1.           By Type

11.3.2.2.2.           By Product

11.3.2.2.3.           By End User

11.3.3.  Colombia MR Imaging in Neurosurgery Market Outlook

11.3.3.1.      Market Size & Forecast

11.3.3.1.1.           By Value

11.3.3.2.      Market Share & Forecast

11.3.3.2.1.           By Type

11.3.3.2.2.           By Product

11.3.3.2.3.           By End User

12.  Middle East and Africa MR Imaging in Neurosurgery Market Outlook

12.1.              Market Size & Forecast

12.1.1.  By Value

12.2.              Market Share & Forecast

12.2.1.  By Type

12.2.2.  By Product

12.2.3.  By End User

12.2.4.  By Country

12.3.              MEA: Country Analysis

12.3.1.  South Africa MR Imaging in Neurosurgery Market Outlook

12.3.1.1.      Market Size & Forecast

12.3.1.1.1.           By Value

12.3.1.2.      Market Share & Forecast

12.3.1.2.1.           By Type

12.3.1.2.2.           By Product

12.3.1.2.3.           By End User

12.3.2.  Saudi Arabia MR Imaging in Neurosurgery Market Outlook

12.3.2.1.      Market Size & Forecast

12.3.2.1.1.           By Value

12.3.2.2.      Market Share & Forecast

12.3.2.2.1.           By Type

12.3.2.2.2.           By Product

12.3.2.2.3.           By End User

12.3.3.  UAE MR Imaging in Neurosurgery Market Outlook

12.3.3.1.      Market Size & Forecast

12.3.3.1.1.           By Value

12.3.3.2.      Market Share & Forecast

12.3.3.2.1.           By Type

12.3.3.2.2.           By Product

12.3.3.2.3.           By End User

12.3.4.  Turkey MR Imaging in Neurosurgery Market Outlook

12.3.4.1.      Market Size & Forecast

12.3.4.1.1.           By Value

12.3.4.2.      Market Share & Forecast

12.3.4.2.1.           By Type

12.3.4.2.2.           By Product

12.3.4.2.3.           By End User

12.3.5.  Egypt MR Imaging in Neurosurgery Market Outlook

12.3.5.1.      Market Size & Forecast

12.3.5.1.1.           By Value

12.3.5.2.      Market Share & Forecast

12.3.5.2.1.           By Type

12.3.5.2.2.           By Product

12.3.5.2.3.           By End User

13.  Market Dynamics

13.1.              Drivers

13.2.              Challenges

14.  Market Trends & Developments

15.  Competitive Landscape (Inclusive SWOT Analysis)

15.1.              Aspect Imaging Ltd.

15.2.              Brainlab AG

15.3.              Canon Inc.

15.4.              AiM Medical Robotics

15.5.              Esaote S.p.A

15.6.              Deerfield Management Company

15.7.              Fonar Corporation

15.8.              Fujifilm Holdings Corporation

15.9.              Hyperfine Inc.

15.10.            Koninklijke Philips N.V.

15.11.            Medtronic plc

15.12.            Monteris Medical Corporation

15.13.            Profound Medical Corp.

15.14.            Siemens Healthineers AG

15.15.            GE Healthcare

16.  Strategic Recommendations

Figures and Tables

Frequently asked questions

Frequently asked questions

Growing incidence of brain cancers, and rising technological advancements are driving the demand for the global MR imaging in neurosurgery market.

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 are the key players operating in the global MR Imaging in Neurosurgery market.

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.

The Countries Data is Covered in the global MR imaging in neurosurgery market are 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.

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