The global demand for MRI Guided Neurosurgical Ablation Market is presumed to reach the valuation of nearly USD XX MN by 2026 from USD XX MN in 2019 with a CAGR of XX% under the study period of 2020 - 2026.
MRI Guided Laser Ablation refers to a minimally invasive neurosurgical procedure performed for treating several diseases, including brain tumors. This treatment utilizes lasers to target and ablate the tumor. It can lower pain levels after surgery and reduce the recovery time in contrast to conventional open surgery used for removing a brain tumor. MRI-guided laser ablation procedures help surgeons manage life-threatening and challenging tumors like glioblastoma. The treatment involves using an MRI for guidance, a surgeon uses a fiber-optic laser applicator towards the area where the tumor is located. The cancerous tissues are destroyed by Laser heat, later the applicator is removed and the surgeon closes the incision.
Rising adoption of minimally invasive neurosurgeries and expanding prevalence of brain cancer are a few aspects driving the market growth. The demand for minimally invasive neurosurgery is reinforced because of its advantages, decreased risk of complications, higher accuracy rate, and minimal scarring. Lesser surgical trauma and faster recovery time also boost the growth of this market. However, a dearth of medical professionals and lack of awareness in underdeveloped regions is anticipated to deliver sluggish growth in MRI guided neurosurgical ablation market. On the other hand, key players making high investments in developing economies, the global standpoint is favorable.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of MRI guided neurosurgical ablation.
The entire MRI guided neurosurgical ablation market has been sub-categorized into product and end-use. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
- MRI-guided Laser Ablation Systems
- MRI-guided Focused Ultrasound Systems
- MRI-guided Radiofrequency Ablation Systems
- Ambulatory Surgical Centers
This section covers regional segmentation which accentuates on current and future demand for MRI guided neurosurgical ablation market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global MRI Guided Neurosurgical Ablation Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the MRI guided neurosurgical ablation market include Medtronic plc., Boston Scientific Corporation, InSightec Ltd., Monteris Medical Corporation, MRI Interventions, INC., and AngioDynamics Inc. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.