MRI-Guided Neurosurgical Ablation Market Will Exceed $5.4 Bn By 2026

​The global MRI-Guided Neurosurgical Ablation Market is set to reach over USD 5.4 billion by 2026 and will grow at CAGR 4.3% during the forecast period 2019-2026. 

An increased incidence of brain tumors and other diseases of the nervous system and an increased use of minimally invasive neurosurgeries are some of the variables that will increase development.

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An increasing amount of brain tumor patients is one of the growth factors. Tumors of the brain can also spread to other brain sites (secondary or metastatic). There is a separate therapy, biology and prognosis for every form of disease. Similarly, brain cancer also has some threat variables owing to unusual cell development. The National Health Institutes (NIH) projected that 1,65,813 individuals in the United States lived with brain cancer in 2016 and, in 2019, that 17,760 individuals are predicted to die from brain cancer.

Advances in technology are also anticipated to support business development. For example, Medtronic has developed a laser ablation device guided by Visualase MRI that monitors tissues ablation in real time. The lowest laser catheter is 1.65 mm in diameter, resulting in a narrower incision that helps patients heal more quickly. It utilizes laser technology to kill smooth tissues unwanted. The amount of minimally invasive processes is therefore anticipated to increase to support development.

In 2018, North America dominated the industry with its highest business share. During its reign as a prediction, North America is anticipated to remain leading the industry as minimally invasive operations are increasing and cancer in the region is increasing. Moreover, APEJ nations, Japan and China are rapidly increasing areas for MRI-led neurosurgical ablation. Different main producers on the market invest heavily in these areas. In the worldwide MRI-led neurophragic ablation industry, slower development is anticipated in the Middle East, Africa and Latin America due to a shortage of medical practitioners and a absence of knowledge of MRI-guided neurosurgery across these areas.

Key Findings

• In 2018, the section of accessories dominated the industry. This can be ascribed to the growing amount of brain tumor patients accompanied by benign tumors.
• In 2018, the hospital segment dominated the market with the highest share of the malignant tumors and increase of the geriatric population in the central nervous system.
• In 2018, North America dominated the neurosurgical ablation industry with the largest income margin due to a growing consciousness of minimally invasive neurosurgics and the accessibility of qualified neurosurgers.

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Key Players & Strategies

INSIGHTEC Ltd., Medtronic plc, Monteris Medical, Inc. and MRI Interventions, Inc. are among the main competitors working on the market. The games will concentrate on the introduction of fresh Neurosurgical Ablation systems and equipment for IRM, technological progress and policies for development, such as fusions and purchases. For example, in May 2015, Monteris Medical announced a NeuroBlate system which uses MRI-guided surgical ablation technics for the treatment of brain disorders as a minimally invasive laser thermotherapy. These progresses are expected to boost development during the prediction era.

Innovation and collaboration are two main strategies accompanied by neurosurgical ablation led by MRI manufacturers. MRI Guided Neurosurgical Ablation's leading company focuses on cooperation to encourage the use of MRI Guided Neurosurgical Ablation for brain tumor therapy. Some businesses work straight with clinics to support their MRI Guided Neurosurgical ablation scheme. On the other side, few competitors on the MRI Guided Neurosurgical Ablation industry emphasize cooperation with retailers in order to increase their global existence.

Market Segment Analysis:

Acumen Research report focuses on market attractiveness by assessing the key market segments. The report also combines region-wise segments for a better understanding of the supply and demand ratio of this market. This exclusive study of the report analyzes the present and future market scenario and the industry trends that are influencing the growth of the segments. Besides, the report also covers the value chain analysis, supply chain analysis, and year-on-year basis analysis of this market.

Market Segmentation

Market By Product

• Accessories
• MRI-guided Laser Ablation Systems
• MRI-guided Focused Ultrasound Systems
• MRI-guided Radiofrequency Ablation Systems

Market By End-Use

• Clinics
• Ambulatory Surgical Centers
• Hospitals

Market By Geography

• North America
• Europe
• Asia-Pacific
• Latin America
• Middle East & Africa

TABLE OF CONTENT​

Chapter 1. Industry Overview of MRI-guided Neurosurgical Ablation
1.1 Definition and Scope
1.1.1 Definition of MRI-guided Neurosurgical Ablation
1.1.2 Market Segmentation
1.2 Summary
1.2.1 Market Snapshot
1.2.2 MRI-guided Neurosurgical Ablation Market By Product
1.2.2.1 Global MRI-guided Neurosurgical Ablation Market Revenue and Growth Rate Comparison By Product (2015-2026)
1.2.2.2 Global MRI-guided Neurosurgical Ablation Revenue Market Share By Product in 2018
1.2.3 Accessories
1.2.4 MRI-guided Laser Ablation Systems
1.2.5 MRI-guided Focused Ultrasound Systems
1.2.6 MRI-guided Radiofrequency Ablation Systems
1.3 Global MRI-guided Neurosurgical Ablation Market By End Use
1.3.1 Global MRI-guided Neurosurgical Ablation Market Revenue and Growth Rate Comparison By End Use (2015-2026)
1.3.2 Clinics
1.3.3 Ambulatory Surgical Centers
1.3.4 Hospitals
1.4 Global MRI-guided Neurosurgical Ablation Market By Region
1.4.1 Global MRI-guided Neurosurgical Ablation Market Revenue and Growth Rate Comparison By Region (2015-2026)
1.4.2 North America MRI-guided Neurosurgical Ablation Market Revenue And Growth Rate (2015-2026)
1.4.3 Europe MRI-guided Neurosurgical Ablation Market Revenue And Growth Rate (2015-2026)
1.4.4 Asia-Pacific MRI-guided Neurosurgical Ablation Market Revenue And Growth Rate (2015-2026)
1.4.5 Latin America MRI-guided Neurosurgical Ablation Market Revenue And Growth Rate (2015-2026)
1.4.6 Middle East & Africa MRI-guided Neurosurgical Ablation Market Revenue And Growth Rate (2015-2026)

Chapter 2. Market Dynamics and Competition Analysis
2.1 Market Drivers
2.1.1 Increasing Technological Advancements such as MRI-Guided Laser Ablation Platforms
2.1.2 Increasing Brain Cancer Prevalence Globally.
2.2 Restraints and Challenges
2.2.1 High Cost is Could Limit the Market Growth
2.3 Growth Opportunities
2.3.1 Increasing Capability to Afford MRI Procedure Anticipated to Provide Growth Opportunities
2.3.2 High Penetration MRI-guided Neurosurgical Ablation Industry
2.4 Porter’s Five Forces Analysis
2.4.1 Bargaining Power of Suppliers
2.4.2 Bargaining Power of Buyers
2.4.3 Threat of Substitute
2.4.4 Threat of New Entrants
2.4.5 Degree of Competition
2.5 PEST Analysis
2.6 Market Attractiveness Index, By Geography, 2018
2.7 Value Chain Analysis
2.8 Competitive Landscape, 2018
2.8.1 Player Positioning Analysis
2.8.2 Key Strategies Adopted By Leading Players

Chapter 3. MRI-guided Neurosurgical Ablation Market By Product
3.1 Global MRI-guided Neurosurgical Ablation Revenue by Product
3.2 Accessories
3.2.1 Accessories Market Revenue and Growth Rate, 2015 - 2026 (US$ Mn)
3.2.2 Accessories Market Revenue and Forecast, By Region, 2015 - 2026 (US$ Mn)
3.3 MRI-guided Laser Ablation Systems
3.3.1 MRI-guided Laser Ablation Systems Market Revenue and Growth Rate, 2015 - 2026 (US$ Mn)
3.3.2 MRI-guided Laser Ablation Systems Market Revenue and Forecast, By Region, 2015 - 2026 (US$ Mn)
3.4 MRI-guided Focused Ultrasound Systems
3.4.1 MRI-guided Focused Ultrasound Systems Market Revenue and Growth Rate, 2015 - 2026 (US$ Mn)
3.4.2 MRI-guided Focused Ultrasound Systems Market Revenue and Forecast, By Region, 2015 - 2026 (US$ Mn)
3.5 MRI-guided Radiofrequency Ablation Systems
3.5.1 MRI-guided Radiofrequency Ablation Systems Market Revenue and Growth Rate, 2015 - 2026 (US$ Mn)
3.5.2 MRI-guided Radiofrequency Ablation Systems Market Revenue and Forecast, By Region, 2015 - 2026 (US$ Mn)

Chapter 4. MRI-guided Neurosurgical Ablation Market By End Use
4.1 Global MRI-guided Neurosurgical Ablation Revenue by End Use
4.2 Clinics
4.2.1 Clinics Market Revenue and Growth Rate, 2015 - 2026 (US$ Mn)
4.2.2 Clinics Market Revenue and Forecast, By Region, 2015 - 2026 (US$ Mn)
4.3 Ambulatory Surgical Centers
4.3.1 Ambulatory Surgical Centers Market Revenue and Growth Rate, 2015 - 2026 (US$ Mn)
4.3.2 Ambulatory Surgical Centers Market Revenue and Forecast, By Region, 2015 - 2026 (US$ Mn)
4.4 Hospitals
4.4.1 Hospitals Market Revenue and Growth Rate, 2015 - 2026 (US$ Mn)
4.4.2 Hospitals Market Revenue and Forecast, By Region, 2015 - 2026 (US$ Mn)

Chapter 5. North America MRI-guided Neurosurgical Ablation Market By Country
5.1 North America MRI-guided Neurosurgical Ablation Market Revenue and Growth Rate, 2015 - 2026 (US$ Mn)
5.2 North America MRI-guided Neurosurgical Ablation Market Revenue Share, By Country, 2018 (%)
5.3 U.S.
5.3.1 U.S. MRI-guided Neurosurgical Ablation Market Revenue and Forecast By Product , 2015 - 2026 (US$ Mn)
5.3.2 U.S. MRI-guided Neurosurgical Ablation Market Revenue and Forecast By End Use, 2015 - 2026 (US$ Mn)
5.4 Canada
5.4.1 Canada MRI-guided Neurosurgical Ablation Market Revenue and Forecast By Product , 2015 - 2026 (US$ Mn)
5.4.2 Canada MRI-guided Neurosurgical Ablation Market Revenue and Forecast By End Use, 2015 - 2026 (US$ Mn)

Chapter 6. Europe MRI-guided Neurosurgical Ablation Market By Country
6.1 Europe MRI-guided Neurosurgical Ablation Market Revenue and Growth Rate, 2015 - 2026 (US$ Mn)
6.2 Europe MRI-guided Neurosurgical Ablation Market Revenue Share, By County, 2018 (%)
6.3 UK
6.3.1 UK MRI-guided Neurosurgical Ablation Market Revenue and Forecast By Product , 2015 - 2026 (US$ Mn)
6.3.2 UK MRI-guided Neurosurgical Ablation Market Revenue and Forecast By End Use, 2015 - 2026 (US$ Mn)
6.4 Germany
6.4.1 Germany MRI-guided Neurosurgical Ablation Market Revenue and Forecast By Product , 2015 - 2026 (US$ Mn)
6.4.2 Germany MRI-guided Neurosurgical Ablation Market Revenue and Forecast By End Use, 2015 - 2026 (US$ Mn)
6.5 France
6.5.1 France MRI-guided Neurosurgical Ablation Market Revenue and Forecast By Product , 2015 - 2026 (US$ Mn)
6.5.2 France MRI-guided Neurosurgical Ablation Market Revenue and Forecast By End Use, 2015 - 2026 (US$ Mn)
6.6 Spain
6.6.1 Spain MRI-guided Neurosurgical Ablation Market Revenue and Forecast By Product , 2015 - 2026 (US$ Mn)
6.6.2 Spain MRI-guided Neurosurgical Ablation Market Revenue and Forecast By End Use, 2015 - 2026 (US$ Mn)
6.7 Rest of Europe
6.7.1 Rest of Europe MRI-guided Neurosurgical Ablation Market Revenue and Forecast By Product , 2015 - 2026 (US$ Mn)
6.7.2 Rest of Europe MRI-guided Neurosurgical Ablation Market Revenue and Forecast By End Use, 2015 - 2026 (US$ Mn)

Chapter 7. Asia-Pacific MRI-guided Neurosurgical Ablation Market By Country
7.1 Asia-Pacific MRI-guided Neurosurgical Ablation Market Revenue and Growth Rate, 2015 - 2026 (US$ Mn)
7.2 Asia-Pacific MRI-guided Neurosurgical Ablation Market Revenue Share, By Country, 2018 (%)
7.3 China
7.3.1 China MRI-guided Neurosurgical Ablation Market Revenue and Forecast By Product , 2015 - 2026 (US$ Mn)
7.3.2 China MRI-guided Neurosurgical Ablation Market Revenue and Forecast By End Use, 2015 - 2026 (US$ Mn)
7.4 Japan
7.4.1 Japan MRI-guided Neurosurgical Ablation Market Revenue and Forecast By Product , 2015 - 2026 (US$ Mn)
7.4.2 Japan MRI-guided Neurosurgical Ablation Market Revenue and Forecast By End Use, 2015 - 2026 (US$ Mn)
7.5 India
7.5.1 India MRI-guided Neurosurgical Ablation Market Revenue and Forecast By Product , 2015 - 2026 (US$ Mn)
7.5.2 India MRI-guided Neurosurgical Ablation Market Revenue and Forecast By End Use, 2015 - 2026 (US$ Mn)
7.6 Australia
7.6.1 Australia MRI-guided Neurosurgical Ablation Market Revenue and Forecast By Product , 2015 - 2026 (US$ Mn)
7.6.2 Australia MRI-guided Neurosurgical Ablation Market Revenue and Forecast By End Use, 2015 - 2026 (US$ Mn)
7.7 South Korea
7.7.1 South Korea MRI-guided Neurosurgical Ablation Market Revenue and Forecast By Product , 2015 - 2026 (US$ Mn)
7.7.2 South Korea MRI-guided Neurosurgical Ablation Market Revenue and Forecast By End Use, 2015 - 2026 (US$ Mn)
7.8 Rest of Asia-Pacific
7.8.1 Rest of Asia-Pacific MRI-guided Neurosurgical Ablation Market Revenue and Forecast By Product , 2015 - 2026 (US$ Mn)
7.8.2 Rest of Asia-Pacific MRI-guided Neurosurgical Ablation Market Revenue and Forecast By End Use, 2015 - 2026 (US$ Mn)

Chapter 8. Latin America MRI-guided Neurosurgical Ablation Market By Country
8.1 Latin America MRI-guided Neurosurgical Ablation Market Revenue and Growth Rate, 2015 - 2026 (US$ Mn)
8.2 Latin America MRI-guided Neurosurgical Ablation Market Revenue Share, By Country, 2018 (%)
8.3 Brazil
8.3.1 Brazil MRI-guided Neurosurgical Ablation Market Revenue and Forecast By Product, 2015 - 2026 (US$ Mn)
8.3.2 Brazil MRI-guided Neurosurgical Ablation Market Revenue and Forecast By End Use, 2015 - 2026 (US$ Mn)
8.4 Mexico
8.4.1 Mexico MRI-guided Neurosurgical Ablation Market Revenue and Forecast By Product , 2015 - 2026 (US$ Mn)
8.4.2 Mexico MRI-guided Neurosurgical Ablation Market Revenue and Forecast By End Use, 2015 - 2026 (US$ Mn)
8.5 Rest of Latin America
8.5.1 Rest of Latin America MRI-guided Neurosurgical Ablation Market Revenue and Forecast By Product , 2015 - 2026 (US$ Mn)
8.5.2 Rest of Latin America MRI-guided Neurosurgical Ablation Market Revenue and Forecast By End Use, 2015 - 2026 (US$ Mn)

Chapter 9. Middle East & Africa MRI-guided Neurosurgical Ablation Market By Country
9.1 Middle East & Africa MRI-guided Neurosurgical Ablation Market Revenue and Growth Rate, 2015 - 2026 (US$ Mn)
9.2 Middle East & Africa MRI-guided Neurosurgical Ablation Market Revenue Share, By Country, 2018 (%)
9.3 Saudi Arabia
9.3.1 Saudi Arabia MRI-guided Neurosurgical Ablation Market Revenue and Forecast By Product, 2015 - 2026 (US$ Mn)
9.3.2 Saudi Arabia MRI-guided Neurosurgical Ablation Market Revenue and Forecast By End Use, 2015 - 2026 (US$ Mn)
9.4 UAE
9.4.1 UAE MRI-guided Neurosurgical Ablation Market Revenue and Forecast By Product , 2015 - 2026 (US$ Mn)
9.4.2 UAE MRI-guided Neurosurgical Ablation Market Revenue and Forecast By End Use, 2015 - 2026 (US$ Mn)
9.5 Nigeria
9.5.1 Nigeria MRI-guided Neurosurgical Ablation Market Revenue and Forecast By Product , 2015 - 2026 (US$ Mn)
9.5.2 Nigeria MRI-guided Neurosurgical Ablation Market Revenue and Forecast By End Use, 2015 - 2026 (US$ Mn)
9.6 Rest of Middle East & Africa
9.6.1 Rest of Middle East & Africa MRI-guided Neurosurgical Ablation Market Revenue and Forecast By Product , 2015 - 2026 (US$ Mn)
9.6.2 Rest of Middle East & Africa MRI-guided Neurosurgical Ablation Market Revenue and Forecast By End Use, 2015 - 2026 (US$ Mn)

Chapter 10. Player Analysis of MRI-guided Neurosurgical Ablation
10.1 Competitive Landscape
10.1 MRI-guided Neurosurgical Ablation Market Share Analysis, By Company (2018)
10.2 Competition Matrix
10.3 InSightec Ltd.
10.3.1 Company Snapshot
10.3.2 Business Overview
10.3.3 Financial Overview
10.3.3.1 Revenue and Revenue Share (%) 2018
10.3.4 Product and Specifications
10.4 Medtronic plc.
10.4.1 Company Snapshot
10.4.2 Business Overview
10.4.3 Financial Overview
10.4.3.1 Revenue and Revenue Share (%) 2018
10.4.3.2 Medtronic plc. MRI-guided Neurosurgical Ablation Business Distribution, 2018
10.4.3.3 Medtronic plc. MRI-guided Neurosurgical Ablation Business Regional Distribution, 2018
10.4.4 Product and Specifications
10.5 Monteris Medical Corporation
10.5.1 Company Snapshot
10.5.2 Business Overview
10.5.3 Financial Overview
10.5.3.1 Revenue and Revenue Share (%) 2018
10.5.4 Product and Specifications
10.6 MRI INTERVENTIONS, INC.
10.6.1 Company Snapshot
10.6.2 Business Overview
10.6.3 Financial Overview
10.6.3.1 Revenue and Revenue Share (%) 2018
10.6.3.2 MRI INTERVENTIONS, INC. MRI-guided Neurosurgical Ablation Business Distribution, 2018
10.6.4 Product and Specifications
10.7 Boston Scientific Corporation
10.7.1 Company Snapshot
10.7.2 Business Overview
10.7.3 Financial Overview
10.7.3.1 Revenue and Revenue Share (%) 2018
10.7.3.2 Boston Scientific Corporation MRI-guided Neurosurgical Ablation Business Distribution, 2018
10.7.3.3 Boston Scientific Corporation MRI-guided Neurosurgical Ablation Business Regional Distribution, 2018
10.7.4 Product and Specifications
10.8 AngioDynamics Inc.
10.8.1 Company Snapshot
10.8.2 Business Overview
10.8.3 Financial Overview
10.8.3.1 Revenue and Revenue Share (%) 2018
10.8.3.2 AngioDynamics Inc. MRI-guided Neurosurgical Ablation Business Distribution, 2018
10.8.3.3 AngioDynamics Inc. MRI-guided Neurosurgical Ablation Business Regional Distribution, 2018
10.8.4 Product and Specifications

Chapter 11. Research Approach
11.1 Methodology
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources

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