PUBLISHER: Value Market Research | PRODUCT CODE: 1547955
PUBLISHER: Value Market Research | PRODUCT CODE: 1547955
The global demand for MRI Guided Neurosurgical Ablation Market is presumed to reach the market size of nearly USD 1222.97 Million by 2032 from USD 610.77 Million in 2023 with a CAGR of 8.02% under the study period 2024-2032.
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 research 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 an inclusive assessment of each segment in the global market of MRI Guided Neurosurgical Ablation. The growth and trends of MRI Guided Neurosurgical Ablation industry provide a holistic approach to this study.
This section of the MRI Guided Neurosurgical Ablation market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
This section covers the regional outlook, which accentuates current and future demand for the MRI Guided Neurosurgical Ablation market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
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, Insightec Ltd., Monteris Medical Inc., MRI Interventions Inc., Boston Scientific Corporation, AngioDynamics Inc. This section consists of 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.
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