The global Magnetic Resonance Image-Guided Focused Ultrasound (MRgFUS) System market size is predicted to grow from US$ 1107 million in 2025 to US$ 1745 million in 2031; it is expected to grow at a CAGR of 7.9% from 2025 to 2031.
Magnetic resonance image-guided focused ultrasound system (MRgFUS) is a therapy delivery system used for non-invasive thermal ablation surgery. It is a revolutionary technology that offers high intensity focused ultrasound guided by magnetic resonance imaging technology. This technology offers real-time monitoring, target definition, treatment planning and energy deposition for targeted tissue ablation without damaging surrounding normal tissue. The system is integrated with software that connects the imaging and the therapy system, through which the operator can generate the treatment plan. This surgery is often performed on an outpatient base without administering general anesthesia. In July 2016, the U.S. FDA approved first focused ultrasound devices i.e. ExAblate Neuro, which would be useful to treat essential tremor in patients who do not respond to medication.
According to our research, the global market for medical devices is estimated at US$ 603 billion in the year 2023, and will be growing at a CAGR of 5% during next six years. The global healthcare spending contributes to occupy 10% of the global GDP and is continuously rising in recent years due to the increasing health needs of the aging population, the growing prevalence of chronic and infectious diseases and the expansion of emerging markets. The medical devices market plays a significant role in the healthcare industry. The market is driven by several factors, including the increasing demand for advanced healthcare services globally, advancements in medical technology, growing geriatric population, rising healthcare expenditure, and increasing awareness about early disease diagnosis and treatment.
LP Information, Inc. (LPI) ' newest research report, the “Magnetic Resonance Image-Guided Focused Ultrasound (MRgFUS) System Industry Forecast” looks at past sales and reviews total world Magnetic Resonance Image-Guided Focused Ultrasound (MRgFUS) System sales in 2024, providing a comprehensive analysis by region and market sector of projected Magnetic Resonance Image-Guided Focused Ultrasound (MRgFUS) System sales for 2025 through 2031. With Magnetic Resonance Image-Guided Focused Ultrasound (MRgFUS) System sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Magnetic Resonance Image-Guided Focused Ultrasound (MRgFUS) System industry.
This Insight Report provides a comprehensive analysis of the global Magnetic Resonance Image-Guided Focused Ultrasound (MRgFUS) System landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Magnetic Resonance Image-Guided Focused Ultrasound (MRgFUS) System portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Magnetic Resonance Image-Guided Focused Ultrasound (MRgFUS) System market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Magnetic Resonance Image-Guided Focused Ultrasound (MRgFUS) System and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Magnetic Resonance Image-Guided Focused Ultrasound (MRgFUS) System.
This report presents a comprehensive overview, market shares, and growth opportunities of Magnetic Resonance Image-Guided Focused Ultrasound (MRgFUS) System market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Extracorporeal Devices
Intracavitary Devices
Interstitial Devices
Segmentation by Application:
Hospitals
Specialty Clinics
Ambulatory Surgical Centers
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Insightec
Profound Medical
EpiSonica
Alpinion Medical Systems
Shenzhen Huikang Medical Apparatus
Theraclion
Monteris Medical
Eye Tech Care
Philips
Medtronic
SonaCare Medical
EDAP TMS
Beijing Yuande Bio-Medical Engineering
Wuxi Haiying Medical
Key Questions Addressed in this Report
What is the 10-year outlook for the global Magnetic Resonance Image-Guided Focused Ultrasound (MRgFUS) System market?
What factors are driving Magnetic Resonance Image-Guided Focused Ultrasound (MRgFUS) System market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Magnetic Resonance Image-Guided Focused Ultrasound (MRgFUS) System market opportunities vary by end market size?
How does Magnetic Resonance Image-Guided Focused Ultrasound (MRgFUS) System break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
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