BIS Research, the global leader in providing market intelligence on deep technologies, has released its latest study titled MR Imaging in Neurosurgery Market - A Global and Regional Analysis.
According to this study, the global MR imaging in neurosurgery market size was $88.7 million in 2021 and is projected to reach $150.5 million by 2031.
The following factors are responsible for the increase in demand for MR imaging in neurosurgery:
- Increasing prevalence of neurological disorders requiring surgical intervention
- Rising preference for minimally invasive surgeries
- Growing demand for intraoperative imaging
- Technological advancements in the field of robotics and medical imaging
The detailed study is a compilation of 10 market data tables and 134 figures spread through 176 pages.
Check out the detailed table of content here à
https://bisresearch.com/requestsample?id=1353&type=toc
Analyst's Take on the Market Projection
According to Swati Sood, Principal Analyst, BIS Research, "The global MR imaging in neurosurgery is expected to witness significant growth in emerging economies due to factors such as the increasing prevalence of neurological disorders requiring surgical intervention, rising preference for minimally invasive surgeries as well as growing demand for intraoperative imaging across countries such as U.S., Germany, Canada, and France."
Impact of COVID-19
The COVID-19 pandemic led to the deferral of MRI performance in the imaging industry. The impact of COVID-19 on imaging facilities is ambiguous, as some imaging techniques such as X-Ray and CT were actively used, whereas MRI and ultrasound were of limited use during the pandemic. Before the COVID-19 pandemic, MR imaging in neurosurgery was majorly undertaken in hospitals and clinical facilities. Owing to factors such as travel restrictions and the risk of transmission of the virus, there was a decrease in MR imaging in neurosurgery.
As the recovery phase of the COVID-19 pandemic begins, MR imaging in neurosurgery procedures is expected to normalize.
Existing Competitive Landscape
The companies that are profiled have been selected based on primary research inputs gathered from a network of industry experts and analyzing company coverage, product portfolio, and market penetration.
Some of the prominent established names in this market are:
Company Type 1: Established Companies
- Siemens Healthineers AG
- General Electric Company
- Profound Medical Corporation
- Brainlab AG
- Koninklijke Philips N.V
- Fujifilm Corporation
- Canon Inc.
- Fonar Corporation
- Hyperfine Inc.
- Medtronic Plc
- Zimmer Biomet Holdings, Inc.
- Esaote S.p.A
- Deerfield Management
- Monteris Medical Corporation
Company Type 2: Emerging Companies
- AiM Medical Robotics
- Aspect Imaging Ltd.
- FAULHABER
- Promaxo Inc. (neuro42, Inc.)
- Synaptive Medical
Recent Developments in the Global MR Imaging in Neurosurgery Market
- In June 2022, Hyperfine Inc. announced its expansion in Australia and New Zealand with medical device registration and notification.
- In June 2022, Hyperfine Inc. received clearance from Food and Drug Administration (FDA) for its two new imaging sequences.
- In May 2022, Koninklijke Philips N.V. received FDA 510(k) clearance for its latest breakthrough high-performance MR 7700 system.
- In April 2022, FAULHABER integrated with a new subsidiary, named, Präzisionsdrehteile (PDT) GmbH from Nürtingen.
- In March 2022, AiM Medical Robotics raised $3.4 million in seed financing to advance neurosurgery with MRI-compatible robotics.
- In February 2022, Esaote S.p.A received FDA approval of the magnifico open MRI system.
Conventional MR Imaging Devices are Expected to be the Leading Preference
The global MR imaging in neurosurgery market is broadly classified into conventional and robotic-assisted MR imaging devices in terms of type. Conventional MR imaging devices had the major share of the market in 2021, and according to this report from BIS Research, the trend is expected to continue during the forecast period 2022-2031.
However, with respect to the compound annual growth rate, it is the robotic-assisted MR imaging devices that are expected to lead during the same forecast period.
Why Should You Buy This Report?
This exclusive report on the global MR imaging in neurosurgery market will help in the following ways:
- Aid in the development of advanced technologies and solutions used in MR imaging in neurosurgery
- Aid in understanding the regulatory scenario of the market in different regions
- Aid in understanding the patent trend of the market
- Aid in targeting end users for increasing the adoption of MR imaging in neurosurgery
- Support in analyzing the market opportunities
- Help to understand the competitive positioning of the key companies in the market
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https://bisresearch.com/requestsample?id=1353&type=download
BIS Research Related Market Studies:
- Global Minimally Invasive Surgical Systems Market
- Global Minimally Invasive Neurosurgical Systems Market
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It is focused on advanced technology that stimulates and recognizes changes in the orientation of the rotation axis of the protons discovered in the water that makes up the living tissues.
MRI enables your doctor to diagnose a disease or wound and can monitor how well you're doing with your therapy.
It is particularly helpful when searching at smooth tissues and the nervous system.
It may be used to assist diagnose or track therapy for a number of circumstances in the heart, abdomen and pelvis.Magnetic resonance imaging (MRI) market is registering a substantial CAGR of 5.60% in the forecast period of 2019-2026.
This rise in the market can be attributed to the new helium deposits invention, technological innovations in MRI and rise focus on replacing low-field MRI systems with high-level MRI systems.Access insightful study with over 100+ pages, list of tables & figures, profiling 10+ companies.
Magnetic Resonance Imaging (MRI) Systems Market Information: By Type (Open MRI and Close MRI), Field Strength (High-Field MRI Systems), Disease Application (Brain and Neurological MRI), and by End-Users (Hospitals & Clinics) - Forecast Till 2027Market OverviewThe global Magnetic Resonance Imaging (MRI) Systems market 2020 is poised to record USD 5 Billion by 2023 at a 3.5% CAGR over the forecast period.
Market HighlightsThis market is motivated primarily by the growing need for non-invasive procedures, the adverse effects of radiation-based imaging, the growth in research and development activities in the life sciences field, and the the use of magnetic resonance imaging ( MRI) systems in drug discovery and preclinical testing processes.Market expansion, however, is limited by factors such as stringent regulatory approval processes, high instrument prices, a lack of competent operators, and inadequate reimbursement policies for magnetic resonance imaging ( MRI) systems.Request Free Sample Copy at: https://www.marketresearchfuture.com/sample_request/6194 Segmental AnalysisBased on type, field power, disease application and end-user, the global market for magnetic resonance imaging ( MRI) systems is segmented.The market is segmented into open MRI, closed MRI, wide-bore MRI, standard bore MRI, comprise the type segment.The market is segmented into high-field MRI systems, 1.5 t MRI systems, 3 t MRI systems, low-to-mid-field MRI systems, very high-field MRI systems and others on the basis of field strength.The industry is segmented into spinal and musculoskeletal MRI, brain and neurological MRI, vaginal and abdominal MRI, breast MRI, cardiovascular MRI, and others with respect to the application of the disorder.The industry is categorised into medical imaging centres, hospitals and clinics, research labs, and pharmaceutical & biotechnology businesses according to the end consumer.Regional Overview Based on region the market is segmented into Americas, Europe, Asia Pacific, and the Middle East and Africa.Leading to the growing prevalence of cardiovascular, neurological and ophthalmic diseases linked to the increasing geriatric population, which is a significant cause factor for this disease, America dominates the market for magnetic resonance imaging ( MRI) systems.
In addition, factors such as increased government interventions and support for medical device research, increased demand for accurate diagnosis, awareness of the adverse effects of radiation imaging, the potential to provide in-depth photographs of soft tissues and vascular systems, and the involvement of pharmaceutical giants are also driving the growth of the market in this area.Due to significant driving factors such as the provision of specialised treatment facilities, increased healthcare spending, strong healthcare infrastructure and the thriving medical technology industry due to the participation of major market players, Europe is the second largest market and holds a fair share in the global magnetic resonance imaging ( MRI) systems market.
Thus, due to the large customer population, faster adaptation of healthcare technologies, government measures to enhance the quality of healthcare, accessibility of favourable business growth of insurance policies will increase during the forecast period.
In addition, due to lower costs of clinical trials and testing, major players have set up their regional offices and production facilities in Singapore , China, Japan , Korea, and Australia, which would make the Magnetic Resonance Imaging ( MRI) systems industry a positive growth curve in the future.
Due to some major reasons , such as lack of knowledge, insufficient connectivity, and access to treatment facilities, the Middle East & Africa is expected to see the least growth in the sector.
