Proficient Market has published a new report titled MRI-Guided Neurosurgical Ablation Market Share, Forecast data, In-Depth Analysis and Forecast, 2019-2020. According to the report, Global MRI-Guided Neurosurgical Ablation Market in 2019 stood at USD 493.40 million and is expected to reach USD 853.58 million by 2027 growing at a CAGR of 7.3% from 2020 to 2027.
Neurosurgical ablation is the brain surgery, which is also known as brain lesioning. This is done by various methods of brain tissue to treat neurological or psychological disorders. The MRI-guided ablation method minimizes incisions as well as it allows surgeons to cosmetically hide scars. The MRI-guided neurosurgical ablation is also used in the other applications like brain tumors and benign brain tumors. MRI-guided neurosurgical helps patients to recover faster as compared to the traditional method of treatment.
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MRI-Guided Neurosurgical Ablation Market: Key Players
The research study includes profiles of leading companies operating in the global MRI-guided neurosurgical ablation market. Key players profiled in the report include: Monteris Medical Inc, Medtronic plc, Insightec Lmt, AngioDynamics Inc, MRI Intervention Inc. and Boston Scientific Corporation.
Drivers for the Global MRI-Guided Neurosurgical Ablation Market:
Increasing occurrence of brain tumors and other nervous system associated disorders is one of the major factors that is driving the growth of the global MRI-guided neurosurgical ablation market. Along with this, growing awareness among people regarding the treatment and diagnosis is another factor that is also driving the growth of the global MRI-guided neurosurgical ablation market.
Opportunities for the Global MRI-Guided Neurosurgical Ablation Market:
Patients prefer less invasive surgeries because they reduce the recovery time and surgeons also uses various tools to reduce trauma to body tissue during surgeries is one of the major factor that will drive the growth of the global MRI-guided neurosurgical ablation market in the forecast period. Along with this, increasing number of cases of neurological disorders in developed and developing countries is anticipated to boost the growth of the global MRI-guided neurosurgical ablation market in the forecast period.
Restrains for the Global MRI-Guided Neurosurgical Ablation Market:
Lack of skilled and trained professional that are required for surgery is one of the major factor that is hampering the growth of the global MRI-guided neurosurgical ablation market. Along with this, high cost associated with the MRI-guided neurosurgical ablation is another factor that is also restraining the growth of the global MRI-guided neurosurgical ablation market.
Region Wise, Global MRI-Guided Neurosurgical Ablation Market Analysis:
On the basis of region, the MRI-guided neurosurgical ablation market is segmented into North America, South America, Europe, Asia Pacific, and the Middle East and Africa. North America held the largest share in the market because of the presence of well-established healthcare facilities, increasing prevalence of brain cancers as well as malignant tumors in the brain and presence of major key players in the U.S. region. Asia Pacific is also having maximum share in the MRI-guided neurosurgical ablation market, which is followed by the Europe region.
Covid-19: Impact and Recovery Analysis for Global MRI-Guided Neurosurgical Ablation Market:
The world is greatly affected by the uncertain raise of the covid-19 Pandemic among the population. The Corona virus outbreak has disrupted & disturbed every sector of business as well as human activity. In most parts of the world there has been a complete restriction set by governments regarding various activities and in turn this is greatly affecting the financial stability of industries like: MRI-Guided Neurosurgical Ablation market globally. Most of the industries and businesses like: MRI-Guided Neurosurgical Ablation are shifting to manufacturing equipment that can support the covid-19 spread from increasing and spreading. With the rising Covid-19 pandemic globally, there is shortage of essential life-saving devices and other essential medical supplies. In case of MRI-guided neurosurgical ablation, the surgeons are performing surgery only on critical brain disorders and rest they are focusing on treatment of the COVID-19 patients, which decrease the demand of global MRI-guided neurosurgical ablation market.
Global MRI-Guided Neurosurgical Ablation Market: Product analysis
RF Ablation Systems
Laser Ablation Systems
Focused Ultrasound Systems
On the basis of type, accessories segment accounted for largest share of total revenue generated, because there are various accessories that are used while performing surgeries like curettes, rongeurs and dissectors, along with this, the accessories are also designed to help neurosurgeons in the diagnosis and restoration of the central nervous system.
Global MRI-Guided Neurosurgical Ablation Market: Application analysis
Ambulatory Surgical Centers
The demand of Global MRI-Guided Neurosurgical Ablation Market is highest from hospital segment, because almost all the neurosurgeries are performed in hospitals, hospitals are well equipped with technologically advanced products and hospitals has skilled neurosurgeons to perform complicated neurosurgical procedures.
Global MRI-Guided Neurosurgical Ablation Market: Region analysis
Rest of Europe
Rest of Asia Pacific
Rest of L.A.
Middle East and Africa
Rest of Middle East
Major Points From TOC:
MRI-Guided Neurosurgical Ablation Overview
Impact of COVID 19
MRI-Guided Neurosurgical Ablation Segment by Types (Product Category)
Global MRI-Guided Neurosurgical Ablation Segment by Application
Global MRI-Guided Neurosurgical Ablation by Regions (2015-2027)
Global MRI-Guided Neurosurgical Ablation Competition by Manufacturers
Company (Top Players) Profiles and Key Data
Global MRI-Guided Neurosurgical Ablation Revenue by Regions (2015-2020)
Global MRI-Guided Neurosurgical Ablation Revenue by Types
Global MRI-Guided Neurosurgical Ablation Analysis by Application
MRI-Guided Neurosurgical Ablation Manufacturing Cost Analysis
Marketing Strategy Analysis, Distributors/ Traders
Global MRI-Guided Neurosurgical Ablation Forecast (2020-2027)
Research Findings and Conclusion
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