MRI-Guided Neurosurgical Ablation Market Size, Share, Growth Analysis, By Product(MRI Guided RF Ablation Systems, MRI Guided Laser Ablation Systems, MRI Guided Focused Ultrasound Systems and Accessories), By End-use(Hospitals, Clinics and Ambulatory Surgical Centers), By Region - Industry Forecast 2024-2031

North America held a 34.6% market share. This is illuminated by the region's well-established healthcare facilities, the rising prevalence of brain tumors and malignancies, and the convenience of highly qualified neurosurgeons. The market for North America is primarily driven by the rising incidence of detailed disorders including brain tumors, most of which are malignant, and neurodegenerative diseases. Additionally, the market expansion in the area is being supported by the incidence of significant important players. Thus, the primary factors driving the market are the increasing number of minimally invasive neurosurgery procedures and the rising incidence of neurological diseases.

The Asia Pacific is projected to grow at the fastest rate of 7.6% CAGR in 2022, due to several factors, including a substantial patient population, increased medical tourism, rising government spending on healthcare, and the adoption of minimally invasive surgeries. Furthermore, because there are numerous people in this region suffering from brain cancer, Alzheimer's disease, and numerous other nervous system disorders, countries in this region are growing their exhaustive care units in hospitals as well as other ambulatory surgical units for the treatment of neurosurgeries. Accordingly, these elements are driving market growth in this area.