openPR Logo
Press release

Magnetic Resonance Image-Guided Focused Ultrasound System Market is Expected to Boost Up Over the Period of 2016 - 2024

02-21-2017 02:07 PM CET | IT, New Media & Software

Press release from: TMR - Research Reports

Magnetic Resonance Image-Guided Focused Ultrasound System

Magnetic resonance image-guided focused ultrasound system (MRgFUS) is a therapy delivery system used for non-invasive thermal ablation surgery. It is a revolutionary technology that offers high intensity focused ultrasound guided by magnetic resonance imaging technology. This technology offers real-time monitoring, target definition, treatment planning and energy deposition for targeted tissue ablation without damaging surrounding normal tissue. The system is integrated with software that connects the imaging and the therapy system, through which the operator can generate the treatment plan. This surgery is often performed on an outpatient base without administering general anesthesia. In July 2016, the U.S. FDA approved first focused ultrasound devices i.e. ExAblate Neuro, which would be useful to treat essential tremor in patients who do not respond to medication.

Get the PDF containing Upcoming Market Analysis of MRgFUS System at: http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=16241

The global magnetic resonance image-guided focused ultrasound system market is segmented on the basis of product type, indication, end users and region. On the basis of product type, the market is segmented into extracorporeal devices, intracavitary devices and interstitial devices. Extracorporeal devices are used for targeting organs that are readily accessible through an acoustic window on the skin such as uterine fibroids or breast; intracavitary devices are used for transrectal and transurethral treatment of prostate cancer or for intraesophageal treatment; and interstitial devices are used for treating the biliary duct and other difficult to access targets. On the basis of indication type, the global magnetic resonance image-guided focused ultrasound system market can be further segmented into breast cancer, leaver cancer, brain cancer, bone metastasis, glaucoma, uterine fibroids and others. Based on the end users, global magnetic resonance image-guided focused ultrasound system market can be further segmented into, hospitals, oncology research centers, medical institutes, specialty clinics and ambulatory surgical centers. Increasing prevalence of different cancer such as breast cancer, leaver cancer and brain tumor; growing glaucoma patient base in U.S. and growing gynecological indication drives the demand for MRgFUS. Moreover, growing preference of non-invasive surgical solutions for chronic diseases further boost the market growth.

Increasing cancer burden is one of the major health concern across the globe. According to the World Health Organization (WHO), in 2012, around 14.1 million new cases were diagnosed and more than half of them are from developing economies. In addition, 21.7 million cancer cases are expected to be diagnosed by 2030 and around 13 million deaths are expected. Similarly, more than 3 million American are currently living with glaucoma and the number is expected to increase to 80 million by 2020. This factor propels the need of technologically advanced devices to ensure better treatment in order to avoid risk associated with surgical procedures. Based on geography, the global magnetic resonance image-guided focused ultrasound system market is segmented into five key regions, North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. North America accounted for the largest share of the magnetic resonance image-guided focused ultrasound system market in 2015 followed by Europe. MRgFUS are non-invasive devices which is effective in safe surgical and monitoring devices and this factor has increased the adoption of these devices among end users, which ultimately drives the growth of global MRgFUS market. Also, there is a growing trend of non-invasive surgery and out-patient base surgery, and a shift towards advanced surgical solutions, which is drives the magnetic resonance image-guided focused ultrasound system market in North America & Europe. Asia Pacific is expected to witness remarkable CAGR during forecast period, due to large population base, and high prevalence of target and lifestyle diseases. However, poor healthcare facilities in underdeveloped and emerging countries which lack appropriate healthcare infrastructure and trained staff is anticipated to affect the adoption in these countries. Moreover, high cost associated with the MRgFUS devices and surgical procedures might hinders the market growth.

Read the Current Market Analysis of MRgFUS System at: http://www.transparencymarketresearch.com/magnetic-resonance-image-guided-focused-ultrasound-system-market.html

Some of the major players in the global magnetic resonance image-guided focused ultrasound system market include, Insightec Ltd., Alpinion Medical Systems Co., Ltd, Profound Medical Corp., Shenzhen Huikang Medical Apparatus, Theraclion, Monteris Medical, Inc., Eye Tech Care, Philips, and Medtronic among others. The global magnetic resonance image-guided focused ultrasound system market is fragmented with presence of many local vendors which might impacts the growth opportunities for international players.

Transparency Market Research (TMR) is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com/

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Magnetic Resonance Image-Guided Focused Ultrasound System Market is Expected to Boost Up Over the Period of 2016 - 2024 here

News-ID: 444371 • Views:

More Releases from TMR - Research Reports

Pulmonary Drugs Market is Expected to Reach US$ 28,082.1 Million by the End of 2024
Pulmonary Drugs Market is Expected to Reach US$ 28,082.1 Million by the End of 2 …
According to the research report, the global pulmonary drugs market is expected to be worth US$ 28,082.1 mn by the end of 2024 as compared to US$ 48,039.7 mn in 2015. Analysts calculate that the global market will plummet at a CAGR of -6.3% during the forecast period of 2016 and 2024. The market will thrive as the demand for combination drugs is anticipated to remain on the rise during
North America Ventricular Assist Device Market is rising to a valuation of US$ 1.07 Billion by 2024
North America Ventricular Assist Device Market is rising to a valuation of US$ 1 …
According to TMR, the opportunity in the North America market for VADs, which stood at US$0.4 bn in 2015, is likely to expand at a healthy CAGR of 9.20% between 2016 and 2024 and increase to US$1.07 bn by the end of the forecast period. The destination therapy (DT) segment has been reporting a greater application of VADs than the other two indication segments. It is expected to remain the
Dental Membrane and Bone Graft Substitutes Market to rise to US$ 922.6 Million by 2024
Dental Membrane and Bone Graft Substitutes Market to rise to US$ 922.6 Million b …
Transparency Market Research notes that innovation and expansion into emerging regions have served these companies well in strengthening their hold in the dental membrane and bone graft substitutes market. For instance, Switzerland-based Geistlich Pharma AG - a global manufacturer and supplier of dental products and devices - expanded its operations in Sydney, Australia and New Delhi, India in 2016. The global dental membrane and bone graft substitutes market is expected to
Human Vaccines Market is Estimated to Reach US$ 72.5 Billion by 2024
Human Vaccines Market is Estimated to Reach US$ 72.5 Billion by 2024
The global human vaccines market was valued at US$28.3 bn in 2015 and is estimated to reach US$72.5 bn by 2024, registering an 11.2% CAGR during the forecast period. By age group, pediatric vaccines accounted for a 57.5% share in the global human vaccines market in 2015. Adult vaccines, on the other hand, are expected to expand at a 13.2% CAGR from 2016 to 2024. Based on product, the pneumococcal segment

All 5 Releases


More Releases for MRgFUS

Influence of Covid-19 Magnetic Resonance Image-Guided Focused Ultrasound (MRgFUS …
Magnetic resonance image-guided focused ultrasound system (MRgFUS) is a therapy delivery system used for non-invasive thermal ablation surgery. It is a revolutionary technology that offers high intensity focused ultrasound guided by magnetic resonance imaging technology. This technology offers real-time monitoring, target definition, treatment planning and energy deposition for targeted tissue ablation without damaging surrounding normal tissue. View Report : https://www.transparencymarketresearch.com/magnetic-resonance-image-guided-focused-ultrasound-system-market.html The system is integrated with software that connects the imaging and the
Magnetic Resonance Image-Guided Focused Ultrasound (MRgFUS) System Market: Revol …
Magnetic resonance image-guided focused ultrasound system (MRgFUS) is a therapy delivery system used for non-invasive thermal ablation surgery. It is a revolutionary technology that offers high intensity focused ultrasound guided by magnetic resonance imaging technology. This technology offers real-time monitoring, target definition, treatment planning and energy deposition for targeted tissue ablation without damaging surrounding normal tissue. The system is integrated with software that connects the imaging and the therapy system,
Magnetic Resonance Image-Guided Focused Ultrasound (MRgFUS) System Market : Tech …
Magnetic resonance image-guided focused ultrasound system (MRgFUS) is a therapy delivery system used for non-invasive thermal ablation surgery. It is a revolutionary technology that offers high intensity focused ultrasound guided by magnetic resonance imaging technology. This technology offers real-time monitoring, target definition, treatment planning and energy deposition for targeted tissue ablation without damaging surrounding normal tissue. The system is integrated with software that connects the imaging and the therapy system,
Magnetic Resonance Image-Guided Focused Ultrasound (MRgFUS) System Market Trends …
Magnetic resonance image-guided focused ultrasound system (MRgFUS) is a therapy delivery system used for non-invasive thermal ablation surgery. It is a revolutionary technology that offers high intensity focused ultrasound guided by magnetic resonance imaging technology. This technology offers real-time monitoring, target definition, treatment planning and energy deposition for targeted tissue ablation without damaging surrounding normal tissue. The system is integrated with software that connects the imaging and the therapy system,
Magnetic Resonance Image-Guided Focused Ultrasound (MRgFUS) System Market: Lates …
Magnetic resonance image-guided focused ultrasound system (MRgFUS) is a therapy delivery system used for non-invasive thermal ablation surgery. It is a revolutionary technology that offers high intensity focused ultrasound guided by magnetic resonance imaging technology. This technology offers real-time monitoring, target definition, treatment planning and energy deposition for targeted tissue ablation without damaging surrounding normal tissue. The system is integrated with software that connects the imaging and the therapy system,
Magnetic Resonance Image-Guided Focused Ultrasound (MRgFUS) System Market Analys …
Magnetic resonance image-guided focused ultrasound system (MRgFUS) is a therapy delivery system used for non-invasive thermal ablation surgery. It is a revolutionary technology that offers high intensity focused ultrasound guided by magnetic resonance imaging technology. This technology offers real-time monitoring, target definition, treatment planning and energy deposition for targeted tissue ablation without damaging surrounding normal tissue. The system is integrated with software that connects the imaging and the therapy system,