Intraoperative Magnetic Resonance Imaging Market: By Magnetic Field Strength, By Application, By End-user and Geography

Intraoperative Magnetic Resonance Imaging (MRI) Market Size, Share, Growth, Trends, and Global Industry Analysis: By Magnetic Field Strength (0.2 Tesla, 1.5 Tesla, 3.0 Tesla), By Application (Spinal surgery, Neurosurgery, Orthopaedic surgery, Others), By End-user (Hospitals, Clinics, Ambulatory surgical centres, Laboratories) and Region

Intraoperative Magnetic Resonance Imaging (MRI) Market size was valued at US$ 2.2 billion in 2023 and is poised to grow at a CAGR of 6.6% from 2024-2030. It is an instrument that gives a real-time image of a brain that helps to identify abnormal tissues and remove brain tumors effectively and safely. Intraoperative Magnetic Resonance Imaging Market lowers the risk of damaging critical parts of the brain and helps to identify whether the surgery was successful or whether additional resection is required before completing the surgery. Various intraoperative MRI equipment is available with different magnetic field strengths such as 0.2 T, 1.5 T, and 3.0 T. Acquisitions and mergers, collaborations, patent approvals, and product launchings are key strategies followed by the companies for increasing their revenue in the intraoperative imaging market.

Intraoperative Magnetic Resonance Imaging (MRI) Market Key Developments:

In July 2014, Medtronic, Inc. acquired Visualise, Inc. to strengthen its neurological solutions portfolio including intra-operative imaging.
In April 2012, Philips Healthcare collaborated with Brainlab AG for the development of a comprehensive intraoperative MRI solution for streamlining neurosurgery procedures.

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Global Intraoperative Magnetic Resonance Imaging Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

6.6%

Largest Market

North America

Fastest Growing Market

Asia Pacific

Intraoperative Magnetic Resonance Imaging Market Dynamics

Rise in global geriatric population, technological advancements of the equipment such as higher magnetic field strength, increase in the prevalence of chronic diseases, and rise in preference for minimally invasive surgeries are anticipated to fuel the intraoperative magnetic resonance imaging market. Moreover, the rise in the adoption of novel technologies in developed regions and growth in healthcare expenditure for quality diseases management expected to propel the intraoperative magnetic resonance imaging market. However, a high cost of the devices, product recall, and lack of skilled professionals for operating devices might hamper the growth of the market over the forecast timeframe.

North-America Got Significant Share of

Intraoperative Magnetic Resonance Imaging Market Regional Analysis

North America has a significant share in intraoperative imaging market owing to increase in the prevalence of neurological disorders due to change in lifestyle, well-developed healthcare infrastructure, and availability of skilled professionals are propelling the intraoperative MRI market in the region. In Europe, high adoption of technological advanced MRIs by healthcare professionals, the collaboration between the companies for development of newer technologies are anticipated to fuel the Europe intraoperative magnetic resonance imaging market. However, Asia Pacific has a lucrative growth attributed to increase in the medical tourism, approvals for novel technologies in Asia Pacific countries such as Japan and Australia, an increase in healthcare expenditure are projected to boost the intraoperative magnetic resonance imaging market over the forecast period.

Latin America

Europe

Asia Pacific

Middle East

North America

Global Intraoperative Magnetic Resonance Imaging Market Segmentation Analysis

Report Benchmarks	Details
Report Study Period	2024-2030
Market Size in 2023	US$ 2.2 billion
Market CAGR	6.6%
By Magnetic Strength	0.2 Tesla 1.5 Tesla 3.0 Tesla
By Application	Spinal surgery Neurosurgery Orthopaedic surgery Others
By End User	Hospitals Clinics Ambulatory surgical centres Laboratories
By Region	North America Latin America Europe Asia Pacific Middle East and Africa

Key Features of the Report

The report provides granular level information about the market size, regional market share, historic market (2019-2023), and forecast (2024-2030)
The report covers in-detail insights about the competitor's overview, company share analysis, key market developments, and their key strategies
The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
The report tracks recent innovations, key developments, and start-up details that are actively working in the market
The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario

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Frequently Asked Questions

The intraoperative magnetic resonance imaging (MRI) market size was valued at US$ 2.2 billion in 2023

Siemens AG (Germany), Medtronic, Inc. (Ireland), GE Healthcare (U.S.), Philips Healthcare (Koninklijke Philips N.V.) (Netherlands), IMRIS Deerfield Imaging (U.S.)

North America is the fastest-growing region for intraoperative magnetic resonance imaging (MRI) market

Author

Muni Kumar Meravath

Muni Kumar Meravath is a seasoned Healthcare Market Research Analyst with over 6 years of experience in the healthc.....

1.Executive Summary

2.Global Intraoperative Magnetic Resonance Imaging (MRI) Market Introduction

2.1.Global Intraoperative Magnetic Resonance Imaging (MRI) Market - Taxonomy

2.2.Global Intraoperative Magnetic Resonance Imaging (MRI) Market - Definitions

2.2.1.Magnetic Strength

2.2.2.Application

2.2.3.End User

2.2.4.Region

3.Global Intraoperative Magnetic Resonance Imaging (MRI) Market Dynamics

3.1. Drivers

3.2. Restraints

3.3. Opportunities/Unmet Needs of the Market

3.4. Trends

3.5. Product Landscape

3.6. New Product Launches

3.7. Impact of COVID 19 on Market

4.Global Intraoperative Magnetic Resonance Imaging (MRI) Market Analysis, 2019 - 2023 and Forecast 2024 - 2030

4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)

4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%)

4.3. Market Opportunity Analysis

5.Global Intraoperative Magnetic Resonance Imaging (MRI) Market By Magnetic Strength, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)

5.1. 0.2 Tesla

5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)

5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

5.1.3. Market Opportunity Analysis

5.2. 1.5 Tesla

5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)

5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

5.2.3. Market Opportunity Analysis

5.3. 3.0 Tesla

5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)

5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

5.3.3. Market Opportunity Analysis

6.Global Intraoperative Magnetic Resonance Imaging (MRI) Market By Application, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)

6.1. Spinal surgery

6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)

6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

6.1.3. Market Opportunity Analysis

6.2. Neurosurgery

6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)

6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

6.2.3. Market Opportunity Analysis

6.3. Orthopaedic surgery

6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)

6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

6.3.3. Market Opportunity Analysis

6.4. Others

6.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)

6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

6.4.3. Market Opportunity Analysis

7.Global Intraoperative Magnetic Resonance Imaging (MRI) Market By End User, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)

7.1. Hospitals

7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)

7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

7.1.3. Market Opportunity Analysis

7.2. Clinics

7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)

7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

7.2.3. Market Opportunity Analysis

7.3. Ambulatory surgical centres

7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)

7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

7.3.3. Market Opportunity Analysis

7.4. Laboratories

7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)

7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

7.4.3. Market Opportunity Analysis

8.Global Intraoperative Magnetic Resonance Imaging (MRI) Market By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)

8.1. North America

8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)

8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

8.1.3. Market Opportunity Analysis

8.2. Europe

8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)

8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

8.2.3. Market Opportunity Analysis

8.3. Asia Pacific (APAC)

8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)

8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

8.3.3. Market Opportunity Analysis

8.4. Middle East and Africa (MEA)

8.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)

8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

8.4.3. Market Opportunity Analysis

8.5. Latin America

8.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)

8.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

8.5.3. Market Opportunity Analysis

9.North America Intraoperative Magnetic Resonance Imaging (MRI) Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)

9.1. Magnetic Strength Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%)

9.1.1.0.2 Tesla

9.1.2.1.5 Tesla

9.1.3.3.0 Tesla

9.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%)

9.2.1.Spinal surgery

9.2.2.Neurosurgery

9.2.3.Orthopaedic surgery

9.2.4.Others

9.3. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%)

9.3.1.Hospitals

9.3.2.Clinics

9.3.3.Ambulatory surgical centres

9.3.4.Laboratories

9.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%)

9.4.1.United States of America (USA)

9.4.2.Canada

10.Europe Intraoperative Magnetic Resonance Imaging (MRI) Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)

10.1. Magnetic Strength Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%)

10.1.1.0.2 Tesla

10.1.2.1.5 Tesla

10.1.3.3.0 Tesla

10.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%)

10.2.1.Spinal surgery

10.2.2.Neurosurgery

10.2.3.Orthopaedic surgery

10.2.4.Others

10.3. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%)

10.3.1.Hospitals

10.3.2.Clinics

10.3.3.Ambulatory surgical centres

10.3.4.Laboratories

10.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%)

10.4.1.Germany

10.4.2.France

10.4.3.Italy

10.4.4.United Kingdom (UK)

10.4.5.Spain

10.4.6.Rest of EU

11.Asia Pacific (APAC) Intraoperative Magnetic Resonance Imaging (MRI) Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)

11.1. Magnetic Strength Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%)

11.1.1.0.2 Tesla

11.1.2.1.5 Tesla

11.1.3.3.0 Tesla

11.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%)

11.2.1.Spinal surgery

11.2.2.Neurosurgery

11.2.3.Orthopaedic surgery

11.2.4.Others

11.3. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%)

11.3.1.Hospitals

11.3.2.Clinics

11.3.3.Ambulatory surgical centres

11.3.4.Laboratories

11.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%)

11.4.1.China

11.4.2.India

11.4.3.Australia and New Zealand (ANZ)

11.4.4.Japan

11.4.5.Rest of APAC

12.Middle East and Africa (MEA) Intraoperative Magnetic Resonance Imaging (MRI) Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)

12.1. Magnetic Strength Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%)

12.1.1.0.2 Tesla

12.1.2.1.5 Tesla

12.1.3.3.0 Tesla

12.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%)

12.2.1.Spinal surgery

12.2.2.Neurosurgery

12.2.3.Orthopaedic surgery

12.2.4.Others

12.3. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%)

12.3.1.Hospitals

12.3.2.Clinics

12.3.3.Ambulatory surgical centres

12.3.4.Laboratories

12.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%)

12.4.1.GCC Countries

12.4.2.South Africa

12.4.3.Rest of MEA

13.Latin America Intraoperative Magnetic Resonance Imaging (MRI) Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)

13.1. Magnetic Strength Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%)

13.1.1.0.2 Tesla

13.1.2.1.5 Tesla

13.1.3.3.0 Tesla

13.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%)

13.2.1.Spinal surgery

13.2.2.Neurosurgery

13.2.3.Orthopaedic surgery

13.2.4.Others

13.3. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%)

13.3.1.Hospitals

13.3.2.Clinics

13.3.3.Ambulatory surgical centres

13.3.4.Laboratories

13.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%)

13.4.1.Brazil

13.4.2.Mexico

13.4.3.Rest of LA

14. Competition Landscape

14.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis)

14.2.1.Siemens AG (Germany)

14.2.2.Medtronic, Inc. (Ireland)

14.2.3.GE Healthcare (U.S.)

14.2.4.Philips Healthcare (Koninklijke Philips N.V.) (Netherlands)

14.2.5.IMRIS Deerfield Imaging (U.S.)

14.2.6.Brainlab AG (Germany)

14.2.7.Hitachi Ltd. (Japan)

15. Research Methodology

16. Appendix and Abbreviations

Key Market Players

Siemens AG (Germany)
Medtronic, Inc. (Ireland)
GE Healthcare (U.S.)
Philips Healthcare (Koninklijke Philips N.V.) (Netherlands)
IMRIS Deerfield Imaging (U.S.)
Brainlab AG (Germany)
Hitachi Ltd. (Japan)

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