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Global MRI-guided Neurosurgical Ablation Market Size study, By Product (RF Ablation Systems, Laser Ablation Systems, Focused Ultrasound Systems, Accessories), By End-use (Hospitals, Clinics, Ambulatory Surgical Centers) and Regional Forecasts 2022-2028

  • BIZ4983379
  • 200 Pages
  • July 2022
  • Medical Devices
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Global MRI-guided Neurosurgical Ablation Market is valued at approximately USD 566 million in 2021 and is anticipated to grow with a healthy growth rate of more than 7.3% over the forecast period 2022-2028. MRI-guided neurosurgical ablation is a technique used in minimally invasive operations using a laser ablation device to treat a variety of neuro-diseases such as brain tumour. This approach can reduce discomfort and recuperation time while lowering the certain surgical hazards associated with traditional open brain tumour surgery. The increased prevalence of brain tumour and other nervous system-related ailments, as well as the expanding acceptance of less invasive neurosurgeries, are likely to drive market expansion. One of the market's high-impact key drivers is the growing number of patients suffering from brain tumour. According to the World Cancer Research Fund International 2018 data report, approximately 296,851 new cases of brain and central nervous system cancer were reported worldwide in 2018. Similarly, the American Cancer Society 2020 predicts that around 23,820 new instances of malignant brain tumour will be detected in the United States in the year 2020. Various governments and private organisations are launching programmes to raise awareness of early brain problem diagnosis and treatment. For example, the month of May is designated as "Brain Tumor Awareness Month." The National Brain Tumor Society's "It's Your Fight, It's Our Fight" campaign aims to educate and engage people through activities that can contribute to increased awareness and cure for brain tumour. Similarly, the Brain Tumor Charity's HeadSmart nationwide awareness campaign aims to shorten childhood brain tumour and cancer detection times to four weeks or less. The increased public knowledge of treatment and diagnosis is expected to drive market expansion. According to the World Cancer Research Fund International, approximately 308,102 new cases of brain and central nervous system cancer were recorded globally in 2020. Similarly, the American Cancer Society predicted that around 25,050 instances of brain and spinal cord malignant tumours will be detected in the United States in 2022. Furthermore, the growing number of physicians performing a large number of MRI-guided neurosurgical procedures for a specific group of patients is creating new potential for the global market. In emerging nations, however, a dearth of medical expertise and a lack of understanding of MRI-guided neurosurgery are expected to impede market expansion.

The key regions considered for the global MRI-guided Neurosurgical Ablation market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominated the market owing to the region's well-established healthcare facilities, the increasing occurrence of brain malignancies and malignant tumours in the brain, and the availability of highly experienced neurosurgeons. Asia Pacific is predicted to grow at the fastest CAGR percent from 2020 to 2028, owing to reasons such as a huge patient population, increased medical tourism, rising government healthcare expenditure, and adoption of minimally invasive surgeries.

Major market players included in this report are:

Medtronic

INSIGHTEC

Boston Scientific Corporation

Monteris Medical, Inc.

MRI Interventions, Inc.

AngioDynamics Inc.

ClearPoint Neuro, Inc.

Smith & Nephew plc

St. Jude Medical, Inc.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Product:

MRI Guided RF Ablation Systems

MRI Guided Laser Ablation Systems

MRI Guided Focused Ultrasound Systems

Accessories

By End-use:

Hospitals

Clinics

Ambulatory Surgical Centers

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020

Base year – 2021

Forecast period – 2022 to 2028

Target Audience of the Global MRI-guided Neurosurgical Ablation Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors

Chapter 1. Executive Summary

1.1. Market Snapshot

1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Million )

1.2.1. MRI-guided Neurosurgical Ablation Market, by Region, 2020-2028 (USD Million )

1.2.2. MRI-guided Neurosurgical Ablation Market, by Product ,2020-2028 (USD Million )

1.2.3. MRI-guided Neurosurgical Ablation Market, by End-use,2020-2028 (USD Million )

1.3. Key Trends

1.4. Estimation Methodology

1.5. Research Assumption

Chapter 2. Global MRI-guided Neurosurgical Ablation Market Definition and Scope

2.1. Objective of the Study

2.2. Market Definition & Scope

2.2.1. Scope of the Study

2.2.2. Industry Evolution

2.3. Years Considered for the Study

2.4. Currency Conversion Rates

Chapter 3. Global MRI-guided Neurosurgical Ablation Market Dynamics

3.1. MRI-guided Neurosurgical Ablation Market Impact Analysis (2020-2028)

3.1.1. MarketDrivers

3.1.1.1. Rising Prevalence Of Brain Cancer

3.1.1.2. Increasing Adoption Of Minimally Invasive Surgeries

3.1.2. Market Challenges

3.1.2.1. Shortage Of Skilled Neurosurgical Workforce

3.1.3. Market Opportunities

3.1.3.1. Favorable Reimbursement Policies

Chapter 4. Global MRI-guided Neurosurgical Ablation Market Industry Analysis

4.1. Porter’s 5 Force Model

4.1.1. Bargaining Power of Suppliers

4.1.2. Bargaining Power of Buyers

4.1.3. Threat of New Entrants

4.1.4. Threat of Substitutes

4.1.5. Competitive Rivalry

4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2028)

4.2. PEST Analysis

4.2.1. Political

4.2.2. Economical

4.2.3. Social

4.2.4. Technological

4.3. Investment Adoption Model

4.4. Analyst Recommendation & Conclusion

4.5. Top investment opportunity

4.6. Top winning strategies

Chapter 5. Risk Assessment: COVID-19 Impact

5.1.1. Assessment of the overall impact of COVID-19 on the industry

5.1.2. Pre COVID-19 and post COVID-19 Market scenario

Chapter 6. Global MRI-guided Neurosurgical Ablation Market, by Product

6.1. Market Snapshot

6.2. Global MRI-guided Neurosurgical Ablation Market by Product , Performance - Potential Analysis

6.3. Global MRI-guided Neurosurgical Ablation Market Estimates & Forecasts by Product , 2018-2028 (USD Million )

6.4. MRI-guided Neurosurgical Ablation Market, Sub Segment Analysis

6.4.1. MRI Guided RF Ablation Systems

6.4.2. MRI Guided Laser Ablation Systems

6.4.3. MRI Guided Focused Ultrasound Systems

6.4.4. Accessories

Chapter 7. Global MRI-guided Neurosurgical Ablation Market, by End-use

7.1. Market Snapshot

7.2. Global MRI-guided Neurosurgical Ablation Market by End-use, Performance - Potential Analysis

7.3. Global MRI-guided Neurosurgical Ablation Market Estimates & Forecasts by End-use2018-2028 (USD Million )

7.4. MRI-guided Neurosurgical Ablation Market, Sub Segment Analysis

7.4.1. Hospitals

7.4.2. Clinics

7.4.3. Ambulatory Surgical Centers

Chapter 8. Global MRI-guided Neurosurgical Ablation Market, Regional Analysis

8.1. MRI-guided Neurosurgical Ablation Market, Regional Market Snapshot

8.2. North America MRI-guided Neurosurgical Ablation Market

8.2.1. U.S.MRI-guided Neurosurgical Ablation Market

8.2.1.1. Product breakdown estimates & forecasts, 2018-2028

8.2.1.2. End-use breakdown estimates & forecasts, 2018-2028

8.2.2. CanadaMRI-guided Neurosurgical Ablation Market

8.3. Europe MRI-guided Neurosurgical Ablation Market Snapshot

8.3.1. U.K. MRI-guided Neurosurgical Ablation Market

8.3.2. Germany MRI-guided Neurosurgical Ablation Market

8.3.3. France MRI-guided Neurosurgical Ablation Market

8.3.4. Spain MRI-guided Neurosurgical Ablation Market

8.3.5. Italy MRI-guided Neurosurgical Ablation Market

8.3.6. Rest of EuropeMRI-guided Neurosurgical Ablation Market

8.4. Asia-PacificMRI-guided Neurosurgical Ablation Market Snapshot

8.4.1. China MRI-guided Neurosurgical Ablation Market

8.4.2. India MRI-guided Neurosurgical Ablation Market

8.4.3. JapanMRI-guided Neurosurgical Ablation Market

8.4.4. Australia MRI-guided Neurosurgical Ablation Market

8.4.5. South Korea MRI-guided Neurosurgical Ablation Market

8.4.6. Rest of Asia PacificMRI-guided Neurosurgical Ablation Market

8.5. Latin America MRI-guided Neurosurgical Ablation Market Snapshot

8.5.1. Brazil MRI-guided Neurosurgical Ablation Market

8.5.2. Mexico MRI-guided Neurosurgical Ablation Market

8.6. Rest of The World MRI-guided Neurosurgical Ablation Market

Chapter 9. Competitive Intelligence

9.1. Top Market Strategies

9.2. Company Profiles

9.2.1. Medtronic

9.2.1.1. Key Information

9.2.1.2. Overview

9.2.1.3. Financial (Subject to Data Availability)

9.2.1.4. Product Summary

9.2.1.5. Recent Developments

9.2.2. INSIGHTEC

9.2.3. Boston Scientific Corporation

9.2.4. Monteris Medical, Inc.

9.2.5. MRI Interventions, Inc.

9.2.6. AngioDynamics Inc.

9.2.7. ClearPoint Neuro, Inc.

9.2.8. Smith & Nephew plc

9.2.9. St. Jude Medical, Inc.

Chapter 10. Research Process

10.1. Research Process

10.1.1. Data Mining

10.1.2. Analysis

10.1.3. Market Estimation

10.1.4. Validation

10.1.5. Publishing

10.2. Research Attributes

10.3. Research Assumption

List of Tables

TABLE 1. Global MRI-guided Neurosurgical Ablation Market, report scope

TABLE 2. Global MRI-guided Neurosurgical Ablation Market estimates & forecasts by Region2018-2028 (Million USD Million )

TABLE 3. Global MRI-guided Neurosurgical Ablation Market estimates & forecasts byProduct 2018-2028 (Million USD Million )

TABLE 4. Global MRI-guided Neurosurgical Ablation Market estimates & forecasts byEnd-use 2018-2028 (Million USD Million )

TABLE 5. Global MRI-guided Neurosurgical Ablation Market by segment, estimates & forecasts, 2018-2028 (Million USD Million )

TABLE 6. Global MRI-guided Neurosurgical Ablation Market by region, estimates & forecasts, 2018-2028 (Million USD Million )

TABLE 7. Global MRI-guided Neurosurgical Ablation Market by segment, estimates & forecasts, 2018-2028 (Million USD Million )

TABLE 8. Global MRI-guided Neurosurgical Ablation Market by region, estimates & forecasts, 2018-2028 (Million USD Million )

TABLE 9. Global MRI-guided Neurosurgical Ablation Market by segment, estimates & forecasts, 2018-2028 (Million USD Million )

TABLE 10. Global MRI-guided Neurosurgical Ablation Market by region, estimates & forecasts, 2018-2028 (Million USD Million )

TABLE 11. Global MRI-guided Neurosurgical Ablation Market by segment, estimates & forecasts, 2018-2028 (Million USD Million )

TABLE 12. Global MRI-guided Neurosurgical Ablation Market by region, estimates & forecasts, 2018-2028 (Million USD Million )

TABLE 13. Global MRI-guided Neurosurgical Ablation Market by segment, estimates & forecasts, 2018-2028 (Million USD Million )

TABLE 14. Global MRI-guided Neurosurgical Ablation Market by region, estimates & forecasts, 2018-2028 (Million USD Million )

TABLE 15. U.S. MRI-guided Neurosurgical Ablation Market estimates & forecasts, 2018-2028 (Million USD Million )

TABLE 16. U.S. MRI-guided Neurosurgical Ablation Market estimates & forecasts by segment 2018-2028 (Million USD Million )

TABLE 17. U.S. MRI-guided Neurosurgical Ablation Market estimates & forecasts by segment 2018-2028 (Million USD Million )

TABLE 18. Canada MRI-guided Neurosurgical Ablation Market estimates & forecasts, 2018-2028 (Million USD Million )

TABLE 19. Canada MRI-guided Neurosurgical Ablation Market estimates & forecasts by segment 2018-2028 (Million USD Million )

TABLE 20. Canada MRI-guided Neurosurgical Ablation Market estimates & forecasts by segment 2018-2028 (Million USD Million )

TABLE 21. UKMRI-guided Neurosurgical Ablation Market estimates & forecasts, 2018-2028 (Million USD Million )

TABLE 22. UKMRI-guided Neurosurgical Ablation Market estimates & forecasts by segment 2018-2028 (Million USD Million )

TABLE 23. UKMRI-guided Neurosurgical Ablation Market estimates & forecasts by segment 2018-2028 (Million USD Million )

TABLE 24. Germany MRI-guided Neurosurgical Ablation Market estimates & forecasts, 2018-2028 (Million USD Million )

TABLE 25. Germany MRI-guided Neurosurgical Ablation Market estimates & forecasts by segment 2018-2028 (Million USD Million )

TABLE 26. Germany MRI-guided Neurosurgical Ablation Market estimates & forecasts by segment 2018-2028 (Million USD Million )

TABLE 27. RoEMRI-guided Neurosurgical Ablation Market estimates & forecasts, 2018-2028 (Million USD Million )

TABLE 28. RoEMRI-guided Neurosurgical Ablation Market estimates & forecasts by segment 2018-2028 (Million USD Million )

TABLE 29. RoEMRI-guided Neurosurgical Ablation Market estimates & forecasts by segment 2018-2028 (Million USD Million )

TABLE 30. China MRI-guided Neurosurgical Ablation Market estimates & forecasts, 2018-2028 (Million USD Million )

TABLE 31. China MRI-guided Neurosurgical Ablation Market estimates & forecasts by segment 2018-2028 (Million USD Million )

TABLE 32. China MRI-guided Neurosurgical Ablation Market estimates & forecasts by segment 2018-2028 (Million USD Million )

TABLE 33. India MRI-guided Neurosurgical Ablation Market estimates & forecasts, 2018-2028 (Million USD Million )

TABLE 34. India MRI-guided Neurosurgical Ablation Market estimates & forecasts by segment 2018-2028 (Million USD Million )

TABLE 35. India MRI-guided Neurosurgical Ablation Market estimates & forecasts by segment 2018-2028 (Million USD Million )

TABLE 36. Japan MRI-guided Neurosurgical Ablation Market estimates & forecasts, 2018-2028 (Million USD Million )

TABLE 37. Japan MRI-guided Neurosurgical Ablation Market estimates & forecasts by segment 2018-2028 (Million USD Million )

TABLE 38. Japan MRI-guided Neurosurgical Ablation Market estimates & forecasts by segment 2018-2028 (Million USD Million )

TABLE 39. RoAPACMRI-guided Neurosurgical Ablation Market estimates & forecasts, 2018-2028 (Million USD Million )

TABLE 40. RoAPACMRI-guided Neurosurgical Ablation Market estimates & forecasts by segment 2018-2028 (Million USD Million )

TABLE 41. RoAPACMRI-guided Neurosurgical Ablation Market estimates & forecasts by segment 2018-2028 (Million USD Million )

TABLE 42. Brazil MRI-guided Neurosurgical Ablation Market estimates & forecasts, 2018-2028 (Million USD Million )

TABLE 43. Brazil MRI-guided Neurosurgical Ablation Market estimates & forecasts by segment 2018-2028 (Million USD Million )

TABLE 44. Brazil MRI-guided Neurosurgical Ablation Market estimates & forecasts by segment 2018-2028 (Million USD Million )

TABLE 45. Mexico MRI-guided Neurosurgical Ablation Market estimates & forecasts, 2018-2028 (Million USD Million )

TABLE 46. Mexico MRI-guided Neurosurgical Ablation Market estimates & forecasts by segment 2018-2028 (Million USD Million )

TABLE 47. Mexico MRI-guided Neurosurgical Ablation Market estimates & forecasts by segment 2018-2028 (Million USD Million )

TABLE 48. RoLAMRI-guided Neurosurgical Ablation Market estimates & forecasts, 2018-2028 (Million USD Million )

TABLE 49. RoLAMRI-guided Neurosurgical Ablation Market estimates & forecasts by segment 2018-2028 (Million USD Million )

TABLE 50. RoLAMRI-guided Neurosurgical Ablation Market estimates & forecasts by segment 2018-2028 (Million USD Million )

TABLE 51. Row MRI-guided Neurosurgical Ablation Market estimates & forecasts, 2018-2028 (Million USD Million )

TABLE 52. Row MRI-guided Neurosurgical Ablation Market estimates & forecasts by segment 2018-2028 (Million USD Million )

TABLE 53. Row MRI-guided Neurosurgical Ablation Market estimates & forecasts by segment 2018-2028 (Million USD Million )

TABLE 54. List of secondary sources, used in the study of global MRI-guided Neurosurgical Ablation Market

TABLE 55. List of primary sources, used in the study of global MRI-guided Neurosurgical Ablation Market

TABLE 56. Years considered for the study

TABLE 57. Exchange rates considered

 
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