How Innovation is Changing the Intraoperative MRI Equipment Market

Fact.MR foresees that the demand for intraoperative MRI equipment will soar vigorously in the future. The report assesses that the global market for intraoperative MRI equipment will expand at a CAGR of 7.5% during the period, 2017-2026. New intraoperative MRI equipment entering the market offer real-time visualization throughout the stages of brain surgery, which is further set to bolster their demand globally in the coming years. By the end of 2026, nearly 5,500 units of intraoperative MRI equipment are likely to be sold worldwide.

High Demand for 0.2T Systems to Reflect the Growing Need for Low-field Intraoperative MRI Equipment

Detailed improvements in the images generated by 0.2T systems is driving their sales in the global market for intraoperative MRI equipment. Small read-out gradients are made visible and the 0.2T intraoperative MRI equipment systems are being preferred for eliminating the risks of severe geometrical distortion by employing homogenous magnetic field. The report estimates that in 2017, nearly 1,275 units of 0.2T systems were sold across the global intraoperative MRI equipment market. Towards the end of the forecast period, 0.2T systems are assessed to reflect a global market volume share of approximately 40%. On the other hand, 3.0T systems will showcase rapid volume growth at 9% CAGR over the forecast period. Increasing complexities in neurosurgeries will drive the demand for high-field intraoperative MRI equipment, and nearly 895 units of 3.0T systems will be adopted worldwide by the end of 2026.

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Neurosurgical Intervention Applications to Showcase Highest Market Attractiveness through 2026

Majority of intraoperative MRI equipment manufactured in the world will be used for neurosurgical intervention procedures. More than 30% of the global intraoperative MRI equipment market volumes will be accounted by neurosurgical intervention applications through 2026. However, orthopedic procedure applications of intraoperative MRI equipment will showcase high volume growth, pertaining to prevalence of orthopedic disorders that require high-field MRI scanning during diagnosis. The report also estimates that hospitals will emerge as the largest end-users of intraoperative MRI equipment, accounting for approximately 40% share on global market volumes through 2026.

Competition Tracking

Increasing uptake for intraoperative MRI equipment across the global medical communities has influenced their production. Currently, the global intraoperative MRI equipment manufacturing landscape remains consolidated with the presence of handful players. However, these companies are widely recognized for being leaders of the medical devices industry. GE Healthcare, Medtronic Plc, Siemens AG, IMRIS, Inc., Koninklijke Philips N.V., and Hitachi Corporation will be observed as the key players in the global intraoperative MRI equipment market through 2026.

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In the traditional medical landscape, image-guided procedures exhibited pre-operative conditions, and limitations associated with them required surgeons and physicians to deeply invest in the magnetic resonance imaging (MRI) technology. Advancements paved way for intraoperative MRI techniques, which gained grounds for their ability to use conventional imaging modality and overcome the limitations of preoperative diagnosis. Thereafter, the production of intraoperative MRI equipment has gained traction across the globe. Medical device manufacturers are focusing on improving the efficiency of intraoperative MRI equipment for localization during surgery. These equipment have enabled the physicians to view the images during a neurosurgical operation rather than referring to preoperative and postoperative images.

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Table of Contents Covered in the report are:

1. Global Economic Outlook

2. Global Intraoperative MRI Equipment Market - Executive Summary
2.1. Global Intraoperative MRI Equipment Market - Opportunity Analysis

3. Global Intraoperative MRI Equipment Market Overview
3.1. Introduction
3.1.1. Global Intraoperative MRI Equipment Market Taxonomy
3.1.2. Global Intraoperative MRI Equipment Market Definition
3.2. Global Intraoperative MRI Equipment Market Size (US$ Mn) & Volume (units) and Forecast, 2012-2026
3.2.1. Global Intraoperative MRI Equipment Market Y-o-Y Growth
3.3. Global Intraoperative MRI Equipment Market Dynamics
3.4. Supply Chain
3.5. Cost Structure
3.6. Pricing Analysis
3.7. Forecast Scenario
3.8. Porter's Five Forces Analysis
3.9. Intraoperative Product Comparison
3.10. Demographic Comparison for iMRI, iCT and Intraoperative Ultrasound
3.11. Key Benefits and Preference of Intraoperative MRI Equipment Market
3.11.1. High Magnetic Field
3.11.2. Low Magnetic Field
3.12. Influencing Factors Impacting the Intraoperative Imaging Market
3.13. Key Regulations
3.13.1. Key Regulations - US
3.13.2. Key Regulations - Europe
3.13.3. Key Regulations - Japan
3.14. PEST Analysis
3.15. Market Positioning & Behavior Assessment
3.16. Investment Feasibility Index
3.17. Market Competition Structure
3.18. Key Participants Market Presence (Intensity Map) By Region

4. Global Intraoperative MRI Equipment Market Analysis and Forecast 2012-2026
4.1. Global Intraoperative MRI Equipment Market Size and Forecast By Product Type, 2012-2026
4.1.1. 0.2T System Market Size and Forecast, 2012-2026
4.1.1.1. Revenue (US$ Mn) & Volume (units) Comparison, By Region
4.1.1.2. Market Share Comparison, By Region
4.1.1.3. Y-o-Y growth Comparison, By Region
4.1.2. 1.5T System Market Size and Forecast, 2012-2026
4.1.2.1. Revenue (US$ Mn) & Volume (units) Comparison, By Region
4.1.2.2. Market Share Comparison, By Region
4.1.2.3. Y-o-Y growth Comparison, By Region
4.1.3. 3.0T System Market Size and Forecast, 2012-2026
4.1.3.1. Revenue (US$ Mn) & Volume (units) Comparison, By Region
4.1.3.2. Market Share Comparison, By Region
4.1.3.3. Y-o-Y growth Comparison, By Region
4.1.4. Others Market Size and Forecast, 2012-2026
4.1.4.1. Revenue (US$ Mn) & Volume (units) Comparison, By Region
4.1.4.2. Market Share Comparison, By Region
4.1.4.3. Y-o-Y growth Comparison, By Region
4.2. Global Intraoperative MRI Equipment Market Size and Forecast By End User, 2012-2026
4.2.1. Hospitals Market Size and Forecast, 2012-2026
4.2.1.1. Revenue (US$ Mn) & Volume (units) Comparison, By Region
4.2.1.2. Market Share Comparison, By Region
4.2.1.3. Y-o-Y growth Comparison, By Region
4.2.2. Cancer Research Institutes Market Size and Forecast, 2012-2026
4.2.2.1. Revenue (US$ Mn) & Volume (units) Comparison, By Region
4.2.2.2. Market Share Comparison, By Region
4.2.2.3. Y-o-Y growth Comparison, By Region
4.2.3. Academic Institutes Market Size and Forecast, 2012-2026
4.2.3.1. Revenue (US$ Mn) & Volume (units) Comparison, By Region
4.2.3.2. Market Share Comparison, By Region
4.2.3.3. Y-o-Y growth Comparison, By Region
4.2.4. Other End Users Market Size and Forecast, 2012-2026
4.2.4.1. Revenue (US$ Mn) & Volume (units) Comparison, By Region
4.2.4.2. Market Share Comparison, By Region
4.2.4.3. Y-o-Y growth Comparison, By Region
4.3. Global Intraoperative MRI Equipment Market Size and Forecast By Application, 2012-2026
4.3.1. Neurosurgical Intervention Market Size and Forecast, 2012-2026
4.3.1.1. Revenue (US$ Mn) & Volume (units) Comparison, By Region
4.3.1.2. Market Share Comparison, By Region
4.3.1.3. Y-o-Y growth Comparison, By Region
4.3.2. Orthopedic Procedures Market Size and Forecast, 2012-2026
4.3.2.1. Revenue (US$ Mn) & Volume (units) Comparison, By Region
4.3.2.2. Market Share Comparison, By Region
4.3.2.3. Y-o-Y growth Comparison, By Region
4.3.3. Cardiovascular Intervention Market Size and Forecast, 2012-2026
4.3.3.1. Revenue (US$ Mn) & Volume (units) Comparison, By Region
4.3.3.2. Market Share Comparison, By Region
4.3.3.3. Y-o-Y growth Comparison, By Region
4.3.4. Other Applications Market Size and Forecast, 2012-2026
4.3.4.1. Revenue (US$ Mn) & Volume (units) Comparison, By Region
4.3.4.2. Market Share Comparison, By Region
4.3.4.3. Y-o-Y growth Comparison, By Region

5. North America Intraoperative MRI Equipment Market Size and Forecast, 2012-2026
5.1. North America Outlook
5.2. North America Parent Market Outlook
5.3. North America Target Market Outlook
5.4. Revenue (US$ Mn) & Volume (units) Comparison, By Country
5.4.1. US Market Size and Forecast (US$ Mn) & Volume (units), 2012-2026
5.4.2. Canada Market Size and Forecast (US$ Mn) & Volume (units), 2012-2026
5.5. Revenue (US$ Mn) & Volume (units) Comparison, By Product Type
5.6. Revenue (US$ Mn) & Volume (units) Comparison, By End User
5.7. Revenue (US$ Mn) & Volume (units) Comparison, By Application


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