Intraoperative MRI Market, June 2021 Report On Size, Share 2021 Trends, Business Growth, Application, Development, Segmentation, Application, Types, Drivers, and Forecast 2030

In a recently published report, Intraoperative MRI Market report for till 2030. The report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to regain 25% by the end of 2021- Positive Growth in the economic demand and supply.

U S Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analysis and U.S. Census Bureau mention the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) average exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilst imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Intraoperative MRI Market products.

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Moreover, increasing expenditure on healthcare, backed by the need amongst individuals for quality healthcare services, is also anticipated to contribute to the market growth. According to the statistics by the World Bank, the current health expenditure (% of GDP) around the world increased from 9.08% in 2001 to 9.84% in 2018. Additionally, the current health expenditure per capita (current US$) increased from USD 492.99 in 2001 to USD 1110.84 in 2018.

Intraoperative MRI Market is valued approximately USD 68 million in 2017 and is anticipated to grow with a healthy growth rate of more than 3.32% over the forecast period 2018-2025 Increase in aging population, the growing incidence of numerous chronic diseases along with the shift in preference for the surgeries that are minimally invasive, are the major factors which are driving the growth in Global Intraoperative MRI Market. Additionally, technological developments in the field of equipment like improvement in the strength of the magnetic field are also propelling the demand for intraoperative MRI. However, high cost of the equipment that starts from around $3 million, product recall and requirement of trained expertise to operate the equipment restricts the market growth.
Intraoperative magnetic resonance imaging is equipment that provides the image of the patient in the real time. In the operating room, the surgeons use intraoperative MRI to scan the specific body part of the patient during the surgery, mainly brain surgery. The intraoperative MRI is used to confirm if there is the need for any resection or the surgery was successful. The rise in disposable income of individuals has resulted in increased healthcare expenses for diseases management, which is likely to escalate the demand for intraoperative MRI.

Moreover, increasing acceptance of modern technologies in various emerging countries is anticipated to drive the growth of the market in the near future.
Key regions considered for the regional analysis of Intraoperative MRI Market includes Asia Pacific, North America, Europe, Latin America and Rest of the World. In regions such as Asia-Pacific, Middle-East and Africa, rise in usage of passenger vehicles set the growth in Intraoperative MRI Market over the forecast period 2018-2025. Asia-Pacific is estimated to hold a prominent share of the Intraoperative MRI market. Developing countries, such as India and China, are significant players boosting the demand for the Intraoperative MRI Market. Europe, North America and the Middle East and Africa are continuously witnessing infrastructural growth which is fueling the demand of Intraoperative MRI Market over the coming years. Asia Pacific region is contributing towards the growth of global Intraoperative MRI Market and anticipated to exhibit higher growth rate / CAGR over the forecast period 2018-2025.

The leading Market players mainly include-
• Brainlab
• GE Healthcare
• Philips Healthcare
• Siemens Healthcare
• Allengers
• BK Ultrasound
• BMI Biomedical International
• Esaote

The objective of the study is to define market size of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type:

 0.2T
 1.5T
 3.0T

By Application:

 Neurosurgery Surgery
 Spinal Surgery
 Orthopedic Surgery
 Others
By Regions:
 North America
o U.S.
o Canada
 Europe
o UK
o Germany
 Asia Pacific
o China
o India
o Japan
 Latin America
o Brazil
o Mexico
 Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2015, 2016
Base year – 2017
Forecast period – 2018 to 2025

Target Audience of the Intraoperative MRI Market in Market Study:

 Key Consulting Companies & Advisors
 Large, medium-sized, and small enterprises
 Venture capitalists
 Value-Added Resellers (VARs)
 Third-party knowledge providers
 Investment bankers
 Investors

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The report further discusses the market opportunity, compound annual growth rate (CAGR) growth rate, competition, new technology innovations, market players analysis, government guidelines, export and import (EXIM) analysis, historical revenues, future forecasts etc. in the following regions and/or countries:

  • North America (U.S. & Canada) Market size, Y-O-Y growth, Market Players Analysis & Opportunity Outlook
  • Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market size, Y-O-Y growth & Market Players Analysis & Opportunity Outlook
  • Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC, Poland, Turkey, Russia, Rest of Europe) Market size, Y-O-Y growth Market Players Analys  & Opportunity Outlook
  • Asia-Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market size, Y-O-Y growth & Market Players Analysis & Opportunity Outlook
  •  Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market size, Y-O-Y growth Market Players Analysis & Opportunity Outlook

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