Outburst of Brain Tumor Caused by Multiple Reasons Drive the Growth of the MRI-g

Posted by Arslan on February 7th, 2019

Pervasiveness of cancer and brain tumor have reflected positively on the growth of the MRI guided neurosurgical ablation market. MRI guided neurosurgical process utilizes high-intensity MRI-guided laser device for the removal of cancer cells and tumor from the brain. Change in lifestyle and unhealthy food habits have led to increasing instances of brain tumors. Furthermore, the radiation emitted by smartphones and electronic gadgets has equally posed the threat of brain tumor. Rising geriatric population along with genetics are yet another causes for the growth of brain tumor.

Outburst of the tumor, owing to the host of causes have hard pressed the health organizations to devise a solution to control the prevalence of tumor. MRI-guided neurosurgical ablation devices being the latest development have witnessed a linear growth in their demand. Aforementioned insights have been derived from a recently published report titled, “MRI Guided Neurosurgical Ablation Market: Global Industry Analysis 2013-2017 and Opportunity Assessment 2018-2028”, which has been updated in the broad repository of Market Research Reports Search Engine (MRRSE).

Rising awareness among the individuals and government initiatives to control the widespread of brain tumor remains a fortified growth driver for the Global MRI-guided Neurosurgical Ablation Market. Excellent reimbursement plans offered by government and penetration of technology for medicinal purposes have scaled up the MRI-guided neurosurgical ablation market size in North America, which is projected to record a CAGR of 4.3% through 2028. Analyzing host of factors, the global market is foreseen to clock an impressive CAGR of over 4% through 2028.

The primary focus of the report is to lend a holistic view of the global MRI-guided neurosurgical ablation market to the stakeholders. The market is forecasted for the period 2018 to 2028. Market evaluation has been carried out in volume (‘000 units) and revenue (US$ Mn). The report comprises of microeconomic factors and macroeconomic factors influencing the growth of the market. The market has been classified into product type, region, and end-user segment. Brief analysis has been presented on the Y-o-Y growth rate, absolute dollar ($) opportunity, and market attractiveness in the report.

The market study includes a detailed analysis of the demand drivers, restraints, opportunities, and challenges, impacting market growth. Brief analysis of the market on the global and regional level has been incorporated in this report.

The market is categorized into regions such as North America, Asia Pacific except Japan and China, Western Europe, Eastern Europe, Latin America, Japan, China, and the Middle East and Africa (MEA). Historical data for these regions along with the market attractiveness has been included in this market study.

The leading companies profiled in this market study constitutes of Boston Scientific Corporation, Medtronic plc, Insightec Lmt, Monteris Medical Inc, MRI Intervention Inc., and AngioDynamics Inc. Brief overview of these companies is included in the report, along with their business strategies, market size, and recent developments.