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MRI Guided Neuro Ablation Devices Market © 2018 VynZ Research All rights reserved
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MRI Guided Neuro Ablation Devices Market
The global MRI guided neuro ablation devices market is predicted to grow at 5.3% CAGR during the forecast period with the market size reaching USD 175.6 million by 2024. Different products such as MRI guided RF ablation system, MRI guided focused ultrasound systems, and MRI guided laser therapy system are majorly contributing to the MRI guided neuro ablation devices market size. The market has witnessed significant demand for MRI guided RF ablation system over the last few years due to mounting awareness of minimally invasive surgery. Š 2018 VynZ Research All rights reserved
MRI Guided Neuro Ablation Devices Market The mounting number of neurosurgery, technological advancement, growing geriatric population, the mounting occurrence of cancer, mounting government funding and initiatives, and escalating awareness of minimally invasive surgery are the key factors leading to the growth in the MRI guided neuro ablation devices market, globally. For instance, according to GLOBOCAN globally, approximately 14.1 million new cancer cases were diagnosed and there were 8.2 million cancer deaths in 2012. In addition, according to the World Health Organization (WHO), in 2015 approximately 8.8 million people died due to cancer. Moreover, according to GLOBOCAN, in 2018 approximately 296,851 people are suffering from brain and nervous system cancer, and are expected to reach 309,040 by 2020 and 435,554 by 2040.
Š 2018 VynZ Research All rights reserved
MRI Guided Neuro Ablation Devices Market Asia-Pacific is observed to witness significant growth in the MRI guided neuro ablation devices market during the forecast period, as the region comprises of a large population and expanding the geriatric population. Moreover, mounting occurrence cancer, refining healthcare infrastructure, mounting awareness of minimally invasive surgery, and escalating healthcare expenditure are also facilitating the significant growth of Asia-Pacific MRI guided neuro ablation devices industry. Market players in the MRI guided neuro ablation devices industry are investing capital to develop technologically advanced systems. In April 2018, Medtronic Plc launched the Visualase, an MRIguided laser ablation system in Europe. The system offers advanced MRI-guided laser ablation technology which is used in neurosurgery procedures. Medtronic Plc, Insightec Ltd, Monteris Medical Inc, Boston Scientific Corporation, AngioDynamics Inc, and MRI Intervention Inc. are some of the key players offering solutions for MRI guided neuro ablation devices. Š 2018 VynZ Research All rights reserved
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