Neurosurgical Ablation Market with Focus on Emerging Technologies, Regional Trends, Competitive Landscape and Regional Analysis | Forecasts to 2028

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Global Neurosurgical Ablation Market Research Report 2021 is latest research study released by Adroit Market Research evaluating the market, highlighting opportunities, risk side analysis, and leveraged with strategic and tactical decision-making support.

Neurosurgery is a surgical procedure that focuses on the treatment and diagnosis of trauma or disorders/ disease of the brain, spinal column, spinal cord, and peripheral nerves in all areas of the body. Pediatric and adult patients are treated in the neurosurgical treatment specialty. Based on several diseases or injuries, a neurological surgeon may offer surgical or non-surgical care. In all of the world's big countries, cancer is a socioeconomic burden.

According to a new survey of neurologists and neurosurgeons, 80% of those polled agree that real-time MRI feedback will be used in functional neurosurgery in the near future. Furthermore, MRI-guided systems aren't just for potential implementations or researchers. Clinicians are now performing multiple MRI-driven neurosurgical procedures on a daily basis, resulting in a significant number of patients, which will drive demand development in the coming years.

The demand is primarily driven by the increasing introduction of minimally invasive neurosurgeries. Patients favor minimally invasive surgery because they take less time to heal from, and surgeons employ a range of techniques to minimize tissue damage during procedures. In comparison to conventional medicine, this procedure reduces the likelihood of surgery by using smaller incisions and lighter instruments. This technique reduces incisions and helps surgeons to conceal stitches cosmetically.

The global neurosurgical ablation market was valued at USD 514.6 million in 2019. Rising burden of cancer worldwide and rising healthcare expenditures has sparked a surge in demand for neurosurgical ablation devices. 

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Key players operating in the global neurosurgical ablation market include Medtronic plc, INSIGHTEC Ltd., Monteris Medical, Inc., MRI Interventions, Inc., Boston Scientific Corporation, and Angio Dynamics Inc. among others.

Patients heal better as a result of fewer invasive operations, and doctors have more time to devote to other procedures. As a result, when conducting neurosurgeries, surgeons prescribe minimally invasive surgeries to patients due to their benefits over conventional methods of care, resulting in a rise in demand for MRI-guided neurosurgical ablation. Various governments and corporate organizations are launching programs to raise awareness of early brain disease diagnosis and care.

Furthermore, an increase in the number of cases of neurological disorders, such as brain tumors, has spurred the introduction of technologically sophisticated technologies in both developed and developing countries. Tremor-dominant Parkinson's disease is treated with Insightec's MRgFUS (MR-guided Focused Ultrasound). This technique uses ultrasound beams to heat and removes targeted tissue from the brain without making an incision. As a result, industry participants are constantly working to introduce technologically new technologies to the market.

The global neurosurgical ablation market is segregated based on product type, end-users, and geographical regions. By type, this industry is separated into MRI Guided RF Ablation Systems, Accessories, MRI Guided Focused Ultrasound Systems, and MRI Guided Laser Ablation Systems. The accessories segment is projected to rise at the fastest rate over the forecast period. In comparison to computers, attachments are used more often. By end-use industry, the industry is separated into Ambulatory Surgical Centers, Hospitals, and Clinics.

In 2019, North America led the industry with a 34.6 percent share. The availability of highly trained neurosurgeons, the prevalence of well-established healthcare facilities in the area, and the rising occurrence of brain cancers and malignant tumors in the brain are all factors contributing to this. The increasing prevalence of targeted disorders, such as neurodegenerative diseases and brain tumors, most of which are malignant, is driving the demand in North America.

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Key Segments of the Global Neurosurgical Ablation Market  

Product Type Overview, 2019-2028 (USD Million)

MRI Guided RF Ablation Systems
MRI Guided Focused Ultrasound Systems
MRI Guided Laser Ablation Systems

End-Users Overview, 2019-2028 (USD Million)

Ambulatory Surgical Centers

Some Major Points from Table of Contents:

 Research Methodology
                 2.1.    Introduction
                    2.2.    Data Capture Sources
                    2.3.    Market Size Estimation
                    2.4.    Market Forecast
                    2.5.    Data Triangulation
                    2.6.    Assumptions and Limitations
3.    Market Outlook
                    3.1.    Introduction
                    3.2.    Market Dynamics
                            3.2.1.    Drivers
                            3.2.2.    Restraints
                            3.2.3.    Opportunities
                            3.2.4.    Challenges
                    3.3.    Porter’s Five Forces Analysis
 Company Profiles
                 8.1.    Angio Dynamics Inc.
                            8.1.1.    Overview
                            8.1.2.    Products Portfolio
                            8.1.3.    Recent Initiatives
                            8.1.4.    Company Financials
                    8.2.    Medtronic plc
                    8.3.    INSIGHTEC Ltd.
                    8.4.    Monteris Medical, Inc.
                    8.5.    MRI Interventions, Inc.
                    8.6.    Boston Scientific Corporation

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About Us :

Adroit Market Research is an India-based business analytics and consulting company incorporated in 2018. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a Market’s size, key trends, participants and future outlook of an industry. We intend to become our clients’ knowledge partner and provide them with valuable Market insights to help create opportunities that increase their revenues. We follow a code- Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps.

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Name: Ryan Johnson
Email: Send Email
Organization: Adroit Market Research
Address: 3131 McKinney Ave Ste 600, Dallas, TX75204, U.S.A.