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MRI Guided Neuro Ablation Devices Market

The global MRI-guided neuro ablation devices market is predicted to grow at a 5.3% CAGR during the forecast period with the market size reaching USD 175.6 million by 2024. <br>Various products such as the MRI-guided RF ablation system, MRI-guided ultrasound focused systems, and the MRI guided laser therapy system contribute significantly to the size of the market for MRI guided neuro ablation devices. In recent years, due to increasing awareness of minimally invasive surgery, the market has experienced significant demand for the MRI-guided RF ablation system.<br>

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MRI Guided Neuro Ablation Devices Market

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  1. MRI Guided Neuro Ablation Devices Market The global MRI guided neuro ablation devices market is predicted to grow at 5.3% CAGR during the forecast period with the market size reaching USD 175.6 million by 2024. Various products such as the MRI guided RF ablation system, MRI guided ultrasound focused systems, and the MRI guided laser therapy system contribute significantly to the size of the market for MRI guided neuro ablation devices. In recent years, due to increasing awareness of minimally invasive surgery, the market has experienced significant demand for the MRI guided RF ablation system. By product, the MRI guided neuro ablation devices market is categorized into MRI guided RF ablation system, MRI guided focused ultrasound systems, MRI guided laser therapy system, and accessories. MRI guided focused ultrasound systems segment had the fastest growth and predicted to continue during the forecast period too. By end users, the market is segmented into hospitals, ambulatory surgical centres (ASCs) and others. Hospitals accounted for the largest share of the market, owing to the elevated inclination of the patient to visit hospitals for the management of brain cancer. Various products such as the MRI guided RF ablation system, MRI guided ultrasound focused systems, and the MRI guided laser therapy system contribute significantly to the size of the market for MRI guided neuro ablation devices. In recent years, due to increasing awareness of minimally invasive surgery, the market has experienced significant demand for the MRI guided RF ablation system. Technological innovation, evolving habits, and rising healthcare spending are some of the other main drivers driving the industry's growth.

  2. Key factors hindering the growth of the MRI guided neuro ablation devices market are limited awareness among patient about the treatment of brain tumor in developing countries, high cost, and a limited workforce. In addition, the dearth of skilled professionals is also having a negative impact on the growth of the market. Recent News: In April 2018, Medtronic Plc launched the Visualase, an MRI-guided laser ablation system in Europe. Competitive Insights: Medtronic Plc, Insightec Ltd, Monteris Medical Inc, Boston Scientific Corporation, AngioDynamics Inc, and MRI Intervention Inc. are some of the key players offering solutions for MRI guided neuro ablation devices. VynZ Research Call: +91-996-028-8381 Toll-Free (U.S. and Canada): +1-888-253-3960 Email: enquiry@vynzresearch.com Web: https://www.vynzresearch.com Connect with Us:LinkedIn | Facebook | Twitter

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