Intraoperative Magnetic Resonance Imaging (MRI) Market: By Magnetic Field Strength (0.2 Tesla, 1.5 Tesla, 3.0 Tesla), By Application (Spinal surgery, Neurosurgery, Orthopaedic surgery, Others), By End-user (Hospitals, Clinics, Ambulatory surgical centres, Laboratories) and Geography

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Intraoperative Magnetic Resonance Imaging (MRI) Market size was valued at USD 2.2 billion in 2022 and is poised to grow at a CAGR of 6.6% from 2023-29. It is an instrument that gives a real-time image of a brain that helps to identify abnormal tissues and remove brain tumors effectively and safely. Intraoperative Magnetic Resonance Imaging Market lowers the risk of damaging critical parts of the brain and helps to identify whether the surgery was successful or whether additional resection is required before completing the surgery. Various intraoperative MRI equipment is available with different magnetic field strengths such as 0.2 T, 1.5 T, and 3.0 T. Acquisitions and mergers, collaborations, patent approvals, and product launchings are key strategies followed by the companies for increasing their revenue in the intraoperative imaging market.  

Intraoperative Magnetic Resonance Imaging (MRI) Market Key Developments:
  • In July 2014, Medtronic, Inc. acquired Visualise, Inc. to strengthen its neurological solutions portfolio including intra-operative imaging.
  • In April 2012, Philips Healthcare collaborated with Brainlab AG for the development of a comprehensive intraoperative MRI solution for streamlining neurosurgery procedures.

Global Intraoperative Magnetic Resonance Imaging Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

6.6%

Largest Market

North America

Fastest Growing Market

Asia Pacific
Intraoperative Magnetic Resonance Imaging Market Dynamics

Rise in global geriatric population, technological advancements of the equipment such as higher magnetic field strength, increase in the prevalence of chronic diseases, and rise in preference for minimally invasive surgeries are anticipated to fuel the intraoperative magnetic resonance imaging market. Moreover, the rise in the adoption of novel technologies in developed regions and growth in healthcare expenditure for quality diseases management expected to propel the intraoperative magnetic resonance imaging market. However, a high cost of the devices, product recall, and lack of skilled professionals for operating devices might hamper the growth of the market over the forecast timeframe.

Key Features of the Reports

  • The report provides granular level information about the market size, regional market share, historic market (2019-2023), and forecast (2024-2030)
  • The report covers in-detail insights about the competitor's overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario

Global Intraoperative Magnetic Resonance Imaging Market Segmentation

By Magnetic Strength
  • 0.2 Tesla
  • 1.5 Tesla
  • 3.0 Tesla
By Application
  • Spinal surgery
  • Neurosurgery
  • Orthopaedic surgery
  • Others
By End User
  • Hospitals
  • Clinics
  • Ambulatory surgical centres
  • Laboratories
By Geography
  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East and Africa

Frequently Asked Questions

The intraoperative magnetic resonance imaging (MRI) market is projected to expand at a CAGR of 6.6% during the forecast period  

Siemens AG (Germany), Medtronic, Inc. (Ireland), GE Healthcare (U.S.), Philips Healthcare (Koninklijke Philips N.V.) (Netherlands), IMRIS Deerfield Imaging (U.S.)

North America is the fastest-growing region for intraoperative magnetic resonance imaging (MRI) market

1.Executive Summary
2.Global Intraoperative Magnetic Resonance Imaging (MRI) Market Introduction 
2.1.Global Intraoperative Magnetic Resonance Imaging (MRI) Market  - Taxonomy
2.2.Global Intraoperative Magnetic Resonance Imaging (MRI) Market  - Definitions
2.2.1.Magnetic Strength
2.2.2.Application
2.2.3.End User
2.2.4.Region
3.Global Intraoperative Magnetic Resonance Imaging (MRI) Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Product Landscape
3.6. New Product Launches
3.7. Impact of COVID 19 on Market
4.Global Intraoperative Magnetic Resonance Imaging (MRI) Market Analysis, 2018 - 2022 and Forecast 2023 - 2029
4.1.  Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
4.2.  Year-Over-Year (Y-o-Y) Growth Analysis (%) 
4.3.  Market Opportunity Analysis 
5.Global Intraoperative Magnetic Resonance Imaging (MRI) Market  By Magnetic Strength, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
5.1. 0.2 Tesla
5.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.1.3. Market Opportunity Analysis 
5.2. 1.5 Tesla
5.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.2.3. Market Opportunity Analysis 
5.3. 3.0 Tesla
5.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.3.3. Market Opportunity Analysis 
6.Global Intraoperative Magnetic Resonance Imaging (MRI) Market  By Application, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
6.1. Spinal surgery
6.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.1.3. Market Opportunity Analysis 
6.2. Neurosurgery
6.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.2.3. Market Opportunity Analysis 
6.3. Orthopaedic surgery
6.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.3.3. Market Opportunity Analysis 
6.4. Others
6.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.4.3. Market Opportunity Analysis 
7.Global Intraoperative Magnetic Resonance Imaging (MRI) Market  By End User, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
7.1. Hospitals
7.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.1.3. Market Opportunity Analysis 
7.2. Clinics
7.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.2.3. Market Opportunity Analysis 
7.3. Ambulatory surgical centres
7.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.3.3. Market Opportunity Analysis 
7.4. Laboratories
7.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.4.3. Market Opportunity Analysis 
8.Global Intraoperative Magnetic Resonance Imaging (MRI) Market  By Region, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
8.1. North America
8.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.1.3. Market Opportunity Analysis 
8.2. Europe
8.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.2.3. Market Opportunity Analysis 
8.3. Asia Pacific (APAC)
8.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.3.3. Market Opportunity Analysis 
8.4. Middle East and Africa (MEA)
8.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.4.3. Market Opportunity Analysis 
8.5. Latin America
8.5.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
8.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.5.3. Market Opportunity Analysis 
9.North America Intraoperative Magnetic Resonance Imaging (MRI) Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
9.1. Magnetic Strength Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.1.1.0.2 Tesla
9.1.2.1.5 Tesla
9.1.3.3.0 Tesla
9.2.  Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.2.1.Spinal surgery
9.2.2.Neurosurgery
9.2.3.Orthopaedic surgery
9.2.4.Others
9.3.  End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.3.1.Hospitals
9.3.2.Clinics
9.3.3.Ambulatory surgical centres
9.3.4.Laboratories
9.4.  Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.4.1.United States of America (USA)
9.4.2.Canada
10.Europe Intraoperative Magnetic Resonance Imaging (MRI) Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
10.1. Magnetic Strength Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.1.1.0.2 Tesla
10.1.2.1.5 Tesla
10.1.3.3.0 Tesla
10.2.  Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.2.1.Spinal surgery
10.2.2.Neurosurgery
10.2.3.Orthopaedic surgery
10.2.4.Others
10.3.  End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.3.1.Hospitals
10.3.2.Clinics
10.3.3.Ambulatory surgical centres
10.3.4.Laboratories
10.4.  Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.4.1.Germany
10.4.2.France
10.4.3.Italy
10.4.4.United Kingdom (UK)
10.4.5.Spain
10.4.6.Rest of EU
11.Asia Pacific (APAC) Intraoperative Magnetic Resonance Imaging (MRI) Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
11.1. Magnetic Strength Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.1.1.0.2 Tesla
11.1.2.1.5 Tesla
11.1.3.3.0 Tesla
11.2.  Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.2.1.Spinal surgery
11.2.2.Neurosurgery
11.2.3.Orthopaedic surgery
11.2.4.Others
11.3.  End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.3.1.Hospitals
11.3.2.Clinics
11.3.3.Ambulatory surgical centres
11.3.4.Laboratories
11.4.  Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.4.1.China
11.4.2.India
11.4.3.Australia and New Zealand (ANZ)
11.4.4.Japan
11.4.5.Rest of APAC
12.Middle East and Africa (MEA) Intraoperative Magnetic Resonance Imaging (MRI) Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
12.1. Magnetic Strength Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.1.1.0.2 Tesla
12.1.2.1.5 Tesla
12.1.3.3.0 Tesla
12.2.  Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.2.1.Spinal surgery
12.2.2.Neurosurgery
12.2.3.Orthopaedic surgery
12.2.4.Others
12.3.  End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.3.1.Hospitals
12.3.2.Clinics
12.3.3.Ambulatory surgical centres
12.3.4.Laboratories
12.4.  Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.4.1.GCC Countries
12.4.2.South Africa
12.4.3.Rest of MEA
13.Latin America Intraoperative Magnetic Resonance Imaging (MRI) Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
13.1. Magnetic Strength Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.1.1.0.2 Tesla
13.1.2.1.5 Tesla
13.1.3.3.0 Tesla
13.2.  Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.2.1.Spinal surgery
13.2.2.Neurosurgery
13.2.3.Orthopaedic surgery
13.2.4.Others
13.3.  End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.3.1.Hospitals
13.3.2.Clinics
13.3.3.Ambulatory surgical centres
13.3.4.Laboratories
13.4.  Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.4.1.Brazil
13.4.2.Mexico
13.4.3.Rest of LA
14. Competition Landscape
14.1.  Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) 
14.2.1.Siemens AG (Germany)
14.2.2.Medtronic, Inc. (Ireland)
14.2.3.GE Healthcare (U.S.)
14.2.4.Philips Healthcare (Koninklijke Philips N.V.) (Netherlands)
14.2.5.IMRIS Deerfield Imaging (U.S.)
14.2.6.Brainlab AG (Germany)
14.2.7.Hitachi Ltd. (Japan)
15. Research Methodology 
16. Appendix and Abbreviations 
  • Siemens AG (Germany)
  • Medtronic, Inc. (Ireland)
  • GE Healthcare (U.S.)
  • Philips Healthcare (Koninklijke Philips N.V.) (Netherlands)
  • IMRIS Deerfield Imaging (U.S.)
  • Brainlab AG (Germany)
  • Hitachi Ltd. (Japan)

Adjacent Markets