MR Imaging in Neurosurgery Market to Grow with a CAGR of 6.69% through 2030
Growing occurrences of
neurological disorders to drive the MR imaging in neurosurgery market in the
forecast period, 20236-2030.
According to TechSci Research report, “MR
Imaging in Neurosurgery Market - Global Industry Size, Share, Trends, Opportunity,
and Forecast, 2030”, the Global MR Imaging in Neurosurgery Market was valued at USD 914.26 million in 2024 and is expected to reach USD 1348.16 million by 2030 with a CAGR of 6.69% during the forecast period. The
rising preference for minimally invasive surgeries, increasing prevalence of neurological
conditions, and extensive research and development are the primary factors
driving the demand for the global MR imaging in neurosurgery market. The growing
demand for intraoperative imaging, adoption of advanced technology in the field
of robotics and medical imaging, surge in the number of patients, rising
healthcare expenditure, growing geriatric base, and rising investment for
research and technological development are expected to influence the market
demand. Also, the adoption of growing number of mergers and strategic
acquisitions by the market players are also a key factor for increasing the
growth of the MR imaging in neurosurgery market, globally.
However, the high cost associated with MRI
system, declining reimbursement rates for MRI systems and incompatibility of
MRI systems in some patients may hamper the growth of the global MR Imaging in
Neurosurgery market.
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The global MR imaging in
neurosurgery market is segmented into type, product, end user, regional distribution and company.
Based on Product, Instruments & Accessories are the fastest-growing product category. While MR imaging systems form the core infrastructure, it is associated instruments and accessories—such as coils, imaging probes, surgical navigation tools, contrast agents, and software upgrades—that are seeing rapid adoption. This trend is driven by the need for precision, ongoing replacement cycles, and the continuous integration of new technologies into existing MR platforms. One major reason for this growth is that hospitals and surgical centers prefer to upgrade instruments and accessories regularly rather than replace entire MR systems, which are extremely costly. For example, intraoperative MR imaging requires specialized head coils, surgical navigation devices, and sterile accessories that need frequent updating or replacement for each patient. According to the U.S. Food and Drug Administration (FDA), medical accessories, especially imaging consumables and surgical tools, represent one of the most frequently procured categories of hospital equipment, ensuring steady and recurring demand.
Based on Region, Asia Pacific is the fastest-growing region in the global MR imaging in neurosurgery market, driven by rising neurological disease prevalence, expanding healthcare infrastructure, and increasing investment in advanced medical technologies. According to the World Health Organization (WHO), neurological disorders are rapidly becoming a leading cause of disability in low- and middle-income countries, with Asia accounting for a significant share due to its vast population base. Countries like China, India, and Japan are witnessing a sharp rise in cases of brain tumors, epilepsy, and stroke, creating strong demand for advanced imaging solutions to support neurosurgical procedures. Rapid urbanization and changing lifestyles have also contributed to the higher incidence of neurological conditions. For instance, the Indian Council of Medical Research (ICMR) reported a substantial increase in the burden of stroke and epilepsy in recent years, conditions that often require precise surgical intervention supported by MR imaging. As awareness of early diagnosis and advanced treatment grows, more patients are seeking specialized care, pushing hospitals to adopt modern imaging systems.
Major operating companies
operating in global MR Imaging in Neurosurgery Market are:
- Aspect Imaging Ltd.
- Brainlab AG
- Canon Inc.
- AiM Medical Robotics
- Esaote S.p.A
- Deerfield Management Company
- Fonar Corporation
- Fujifilm Holdings Corporation
- Koninklijke Philips N.V.
- Medtronic plc
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“North America region dominates the
market and is expected to maintain its dominance in the coming years
due to the presence of well-established healthcare facilities and growing
incidence of brain cancers. The surge in research and development activities, strong
presence of prominent players, rising healthcare expenditure and various initiatives
in the healthcare sector by the government in the region are another key factor.
Also, increasing adoption of expansion strategies and adoption of advanced
technologies in the region are expected to propel the global MR imaging in
neurosurgery market growth” said Mr. Karan Chechi, Research Director of TechSci Research, a research based global management consulting firm.
“MR Imaging in
Neurosurgery Market - Global Industry Size, Share, Trends, Opportunity, and
Forecast, Segmented By Type (Conventional MR Imaging Devices v/s
Robotic-Assisted MR Imaging Devices), By Product (Systems, Instruments &
Accessories), By End User (Hospitals & Clinics, Ambulatory Surgical Center,
Others), By Region and Competition, 2020-2030F”, has evaluated the future growth
potential of global MR imaging in neurosurgery market and provides statistics
& information on market size, structure, and future market growth. The
report intends to provide cutting-edge market intelligence and help decision
makers take sound investment decisions. Besides, the report also identifies and
analyzes the emerging trends along with essential drivers, challenges, and
opportunities in global MR imaging in neurosurgery market.
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