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Arachnoid Cysts Treatment Market Trends
- Report ID: GMI9110
- Published Date: Apr 2024
- Report Format: PDF
Arachnoid Cysts Treatment Market Trends
- The rise in advancements in neuroimaging technology have significantly propelled the growth of the market by revolutionizing the diagnosis, treatment planning, and post-treatment monitoring of patients with this neurological condition. Moreover, real-time intraoperative imaging technologies such as intraoperative MRI or CT provide neurosurgeons with invaluable visual guidance during surgical procedures, ensuring optimal cyst fenestration while minimizing the risk of complications.
- For instance, in January 2024, Hyperfine, Inc. announced the launch of the AI-powered eighth generation of Swoop system software. The software’s diffusion-weighted imaging (DWI) AI denoising feature received U.S. Food and Drug Administration (FDA) clearance in October 2023. The latest software improves Swoop system image quality and introduces valuable ease-of-use features, including a real-time aid for more precise patient loading and positioning and a streamlined image upload process.
Frequently Asked Questions (FAQ) :
Arachnoid cysts treatment market size was USD 1.3 billion in 2023 and is expected to register 5.7% CAGR from 2024-2032 owing to the rising incidence and prevalence of arachnoid cysts attributed to factors such as improved diagnostic techniques and an aging population worldwide.
The intracranial arachnoid cysts segment recorded USD 739.8 million in 2023 and is expected to register an appreciable CAGR from 2024-2032 due to growing awareness among healthcare professionals and the patient about this disease.
North America arachnoid cysts treatment industry held 44.1% share in 2023 and is expected to register a commendable CAGR from 2024-2032 due to increasing healthcare demand, technological advancements, and aging demographics in the region.
Aesculap Inc., B. Braun Melsungen AG, FUJIFILM Sonosite Inc., GE Healthcare, Integra Life Sciences, Karl Storz, Koninklijke Philips N.V, Medtronic PLC, Siemens Healthineers, Sophysa, and Spiegelberg GmbH & Co., are some of the major arachnoid cysts treatment companies worldwide.
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