Neurosurgical Intervention to Remain Key Area of Interest in Intraoperative MRI Equipment Market, Accounting for 30% Sales
Fact.MR’s latest report on the intraoperative MRI equipment market offers 10-year forecast. The report explicates on vital dynamics, such as drivers, restraints and emerging opportunities shaping the market dynamics. To present the information in a more vivid manner, the report has been segmented in terms of product type, application, and end user across six major regions.
Fact.MR – A Market Research and Competitive Intelligence Provider: As per latest Fact.MR analysis, the intraoperative MRI equipment market is projected to accelerate at a healthy 7.5% CAGR during the forecast period of 2017 to 2026. With rising need for improving surgical precision, sales of intraoperative MRI equipment are slated to surpass US$ 315 Mn over the assessment period.
Increasing number of complicated surgeries, advancements in MRI technology, and growing demand for minimally invasive procedures are some of the factors boosting the intraoperative MRI equipment market.
Further, intraoperative MRI equipment is a type of magnetic resonance imaging (MRI) machine which is used during surgeries. It offers real-time visualization and thus improves the efficiency of surgical interventions.
Hence, growing need for intraoperative guidance for achieving precision and accuracy is boosting the sales of intraoperative MRI machines. These machines are being increasingly employed in hospital and neurosurgery clinics for enhancing the patient safety during surgical operations.
As per Fact.MR, neurosurgery intervention remains the most lucrative application for intraoperative MRI equipment and the trend is likely to continue in the future. These machines also provide real time information with high resolution during neurosurgical procedures and hence reduces the risk of any injury.
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In addition to this, rising prevalence of brain tumors across the globe is anticipated to spur the demand for intraoperative MRI equipment. Neurosurgeons mainly rely on this technology to create accurate pictures of the brain. These pictures guide them in removing brain tumors and other abnormalities during the neurosurgical operations.
As per Fact.MR, 0.2T systems segment will continue to dominate the intraoperative MRI equipment market, accounting for around 40% volume share through 2026. Detailed improvements in the images generated by 0.2T systems is fostering their adoption in surgical procedures.
Regionally, North America is likely to retain its dominance in the global intraoperative equipment market. Growth in the region is attributed to the increasing adoption of advanced technologies in surgical procedures, presence of leading players, and rising number of chronic diseases.
“Increasing penetration of advanced imaging solutions in emerging countries will continue to create lucrative growth avenues within the intraoperative MRI equipment market. Moreover, rising prevalence of chronic diseases and expansion of healthcare infrastructure in these regions will bode well for the market,” says a Fact.MR analyst
Key Takeaways from Intraoperative MRI Equipment Market Survey
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Leading players operating in the intraoperative MRI equipment market are focusing on expanding their product portfolio. They have adopted various growth strategies such as mergers, partnerships, advanced product launches & approvals and acquisitions to dominate the market.
Some of the prominent players operating in the intraoperative MRI equipment market profiled by Fact.MR are:
More Insights on the Global Intraoperative MRI Equipment Sales Outlook
Fact.MR provides an unbiased analysis of intraoperative MRI equipment market, presenting historical demand data (2012-2016) and forecast statistics through 2021 & beyond. The study divulges compelling insights on the global demand for intraoperative MRI equipment with a detailed segmentation on the basis of:
Key Questions Covered in the Intraoperative MRI Equipment Market Outlook Report
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