News | Magnetic Resonance Imaging (MRI) | November 04, 2019

Efficiency of Intraoperative MRI Equipment for Surgical Localization Will Drive Demand Globally

This report observes as robust growth in demand for intraoperative MRI equipment in the global healthcare marketplace

MRI control room at Centra DuPage Hospital

November 4, 2019 — Traditional image-guided procedures remained restricted to the limitation of physicians referring to pre- and post-operative images for conducting neurosurgical or maxillofacial procedures. With advancements in medical imaging technologies, intraoperative MRI techniques paved their way in the diagnosis-guided surgery landscape, enabling physicians and surgeons to view the images during surgery, rather than referring to them preoperatively or postoperatively. Advanced intraoperative MRI equipment are being developed to facilitate enhanced imaging for physicians and lower the risks of improper surgeries during preoperative conditions.

This report observes as robust growth in demand for intraoperative MRI equipment in the global healthcare marketplace. By the end of 2026, the global intraoperative MRI equipment market is estimated to surpass US$ 315 million valuations. The advantage of intraoperative MRI equipment in improving the localization for physicians during surgeries will continue to bolster their demand in the near future. During the period, 2017-2026, the global market for intraoperative MRI equipment is assessed to reflect a CAGR of 7.1 percent in terms of volume.

The Uptake for Intraoperative MRI Equipment to Remain High in Medical Communities

As the year’s progress, advancements in medical imaging technologies are being welcomed by communities of physicians and surgeons across the globe. Currently, the adoption of intraoperative MRI equipment showcases a promising growth. Leading medical research organizations are exhibiting readiness to invest in technologies for instrumenting developments in the operability and functioning of intraoperative MRI equipment. Multiple advantages of using intraoperative MRI equipment will be driving their uptake in the coming years.

  • Real-time visualization offered by latest intraoperative MRI equipment to improve the efficiency of surgical interventions
  • Gradient-imaging advantage of intraoperative MRI equipment to support physicians in planning the path of surgery
  • Cost-effective maintenance to compensate for high prices of intraoperative MRI equipment
  • The co-efficiency of intraoperative MRI equipment in lowering the chances of second surgical intervention to aid patient outcomes of hospitals

Furthermore, intraoperative MRI equipment operate on conventional MRI modality, which supplements their adaptability among traditional healthcare settings. It has been estimated that majority of intraoperative MRI equipment manufactured in the world will be adopted by hospitals. Sufficient funding to purchase these expensive machines will keep hospitals at the forefront of global intraoperative MRI equipment end-use. By the end of 2026, more than 2,200 units of intraoperative MRI equipment are expected to be sold across hospitals worldwide.

Neurosurgical Interventions to Represent Highly-profitable Applications of Intraoperative MRI Equipment

Considering the significance of obtaining quality outcomes during neurosurgeries, advanced equipment is being used across hospitals in the world. Intraoperative MRI equipment are an addition to the range of devices used during neurosurgical intervention. By the end of 2026, more than 1,640 units of intraoperative MRI equipment will be adopted for neurosurgical intervention applications around the world. The report also estimates that orthopedic procedures will represent a fast-growing application of intraoperative MRI equipment during the forecast period.

North America – Largest Market for Intraoperative MRI Equipment through 2026

The report estimates that majority of intraoperative MRI equipment are produced and sold in the US. High value growth in North America’s medical tourism sector will drive the sales of intraoperative MRI equipment in the US and Canada. Companies such as Medtronic Plc, GE Healthcare, IMRIS, Inc., Siemens AG, Hitachi Corporation, and Koninklijke Philips N.V., which are the key players in global intraoperative MRI equipment market are prominent in the US and have gained their footholds across Europe and the Asia-Pacific excluding Japan (APEJ) region.

In the coming years, a steady demand for 0.2T systems will be observed in the global intraoperative MRI equipment landscape. Growing need for low-field MRI in surgical interventions will drive the demand for 0.2T systems across the globe. The report also estimates that 3.0T systems will register a rapid growth in terms of volume, reflecting a 9% CAGR over the forecast period. Manufacturers will continue to extend the production of these two key systems to capture the specific demands of physicians. Moreover, lowering the risks of these systems in creating geometrical distortion will be prioritized by intraoperative MRI equipment manufacturers in the foreseeable future.

For more information: Intraoperative MRI Equipment Market by Fact.MR

Related Content

The study finds it's possible to use commercial facial recognition software to identify people from brain MRI that includes imagery of the face
News | Magnetic Resonance Imaging (MRI) | November 15, 2019
November 15, 2019 — Though identifying data typically are removed from medical image files before they are shared for
Image by Pexels from Pixabay RSNA 2019

Image by Pexels from Pixabay 

News | RSNA | November 15, 2019
November 15, 2019 – The 105th Scientific Assembly and Annual Meeting of the...
62-year-old woman with pure ground-glass nodules (GGN). PET/CT fusion image shows pure GGN with tumor maximum standardized uptake value of 2.8 (circle).

62-year-old woman with pure ground-glass nodules (GGN). PET/CT fusion image shows pure GGN with tumor maximum standardized uptake value of 2.8 (circle).

News | PET-CT | November 15, 2019
November 15, 2019 — According to an article published ahead-of-print in the...
Mindray announced its partnership with Cincinnati Children's Hospital Medical Center, one of the top children's hospitals in the United States
News | Ultrasound Imaging | November 13, 2019
November 13, 2019 – Mindray announced its partnership with...
An image on Brigham and Women's Hospital's 7T MRI system

An image on Brigham and Women's Hospital's 7T MRI system. Image courtesy of Brigham and Women's Hospital

News | Magnetic Resonance Imaging (MRI) | November 13, 2019
November 13, 2019 — Increased immune system activity along the surface of the brain, or meningeal inflammation, may b
The ALS produces various wavelengths of bright light that can be used to explore the microscopic chemistry, structure, and other properties of samples

Two researchers from Cairo University in Egypt brought 32 bone samples and two soil samples to study using X-ray and infrared light-based techniques at Berkeley Lab's Advanced Light Source (ALS). The ALS produces various wavelengths of bright light that can be used to explore the microscopic chemistry, structure, and other properties of samples. Image courtesy of Marilyn Sargent/Berkeley Lab

News | Radiology Imaging | November 13, 2019
November 13, 2019 — Experiments at the Department of Energy's Lawrence Berkeley National Laboratory (...
Radiographer Apollo Exconde with his Lego concept open MRI for patient education.

Radiographer Apollo Exconde with his Lego concept open MRI for patient education.

News | Patient Engagement | November 11, 2019
November 11, 2019 — Radiographer Apollo Exconde...
Nov. 8 is the anniversary of the discovery of the X-ray by German physicist Wilhelm Roentgen

Wilhelm Roentgen

News | X-Ray | November 08, 2019
November 8, 2019 — Nov.