Global MRI Guided Neurosurgical Ablation Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Product;

MRI guided RF ablation systems, MRI guided laser ablation systems, MRI guided focused ultrasound systems and Accessories.

By Treatment Type;

Brain metastases, Radiation Necrosis, Glioma, Epilepsy, and Other Treatments.

By Applications;

Hospitals, Clinics and Ambulatory Surgical Centers.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn486686530 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global MRI Guided Neurosurgical Ablation Market (USD Million), 2021 - 2031

In the year 2024, the Global MRI Guided Neurosurgical Ablation Market was valued at USD 631.00 million. The size of this market is expected to increase to USD 936.33 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.8%.

The Global MRI Guided Neurosurgical Ablation Market embodies a specialized segment within the broader medical technology landscape, specifically designed to leverage the precision of magnetic resonance imaging (MRI) for neurosurgical ablation procedures. This market has experienced robust growth, fueled by multifaceted drivers. Technological advancements stand at the forefront, revolutionizing procedures to be more precise and minimally invasive, thereby spurring heightened demand.

Furthermore, the escalating prevalence of neurological disorders, coupled with a globally expanding geriatric demographic, has catalyzed the market's growth trajectory. As the incidence of conditions requiring neurosurgical interventions rises, so does the demand for innovative solutions offered by MRI-guided techniques.

The evolution of healthcare infrastructure, particularly in developing regions, has played a pivotal role in expanding the market's reach. Improved access to advanced medical facilities and equipment has empowered healthcare providers to offer MRI-guided neurosurgical ablation services, meeting the growing healthcare demands of their populations.

Moreover, heightened awareness among healthcare professionals and patients alike regarding the benefits of MRI-guided procedures has acted as a potent catalyst for market expansion. This increased understanding of the technology's efficacy and advantages has spurred greater acceptance and adoption, further driving market growth.

Additionally, favorable reimbursement policies in certain regions have served as an economic incentive for healthcare providers to incorporate these advanced techniques into their practice, thereby amplifying market growth. By offsetting costs and mitigating financial barriers, such policies have facilitated broader accessibility to MRI-guided neurosurgical ablation procedures, thereby reinforcing market expansion trends.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product
    2. Market Snapshot, By Applications
    3. Market Snapshot, By Treatment Type
    4. Market Snapshot, By Region
  4. Global MRI Guided Neurosurgical Ablation Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Technological advancements
        2. Increasing prevalence
        3. Rising demand for minimally invasive procedures
        4. Growing geriatric population
        5. Expanding healthcare infrastructure
      2. Restraints
        1. Regulatory hurdles
        2. Lack of skilled professionals
        3. Limited accessibility
        4. Safety concerns
        5. Compatibility issues
      3. Opportunities
        1. Development of novel techniques
        2. Customized solutions
        3. Untapped potential markets
        4. Integration of AI
        5. Expansion of product portfolio
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global MRI Guided Neurosurgical Ablation Market, By Product, 2021 - 2031 (USD Million)
      1. MRI guided RF ablation systems
      2. MRI guided laser ablation systems
      3. MRI guided focused ultrasound systems
      4. Accessories
    2. Global MRI Guided Neurosurgical Ablation Market, By Treatment Type, 2021 - 2031 (USD Million)

      1. Brain metastases

      2. Radiation Necrosis

      3. Glioma, Epilepsy

      4. Other Treatments

    3. Global MRI Guided Neurosurgical Ablation Market, By Applications, 2021 - 2031 (USD Million)
      1. Hospitals
      2. Clinics
      3. Ambulatory Surgical Centers
    4. Global MRI Guided Neurosurgical Ablation Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Medtronic
      2. INSIGHTEC
      3. Boston Scientific Corporation
      4. Monteris Medical, Inc.
      5. MRI Interventions, Inc.
      6. AngioDynamics Inc.
      7. ClearPoint Neuro, Inc.
      8. Smith & Nephew plc
      9. St. Jude Medical, Inc.
  7. Analyst Views
  8. Future Outlook of the Market