- 0.2 Tesla
- 1.5 Tesla
- 3.0 Tesla
Intraoperative Magnetic Resonance Imaging (MRI) Market size was valued at USD 2.2 billion in 2021, growing at a CAGR of 6.6% from 2022-28. Intraoperative Magnetic Resonance Imaging (MRI) is an instrument gives the real-time image of a brain which helps to identify abnormal tissues and removal of the brain tumours effectively and safely. Intraoperative Magnetic Resonance Imaging Market lowers the risk of damaging critical parts of the brain and help to identify whether the surgery was successful or 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. Â This report studies global market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, the market report includes regulatory scenario and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed the market to better equip clients with possible investment opportunities across the regions (Regional Investment Hot-Spots) and market unmet needs (Product Opportunities). Key stakeholders of the report include suppliers, manufacturers, marketers, policymakers engaged in manufacturing and supply of global market.Key Developments: In July 2014, Medtronic, Inc. acquired Visualise, Inc. for strengthening its neurological solutions portfolio including intra-operative imaging. In April 2012, Philips Healthcare collaborated with Brainlab AG for the development of comprehensive intraoperative MRI solution for streamlining the neurosurgery procedures.
Fastest Growing Market
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.
The intraoperative magnetic resonance imaging (MRI) market is projected to expand at a CAGR of x% 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