MRI Guided Drug Delivery Market: Introduction

MRI guided drug delivery or magnetic resonance guided drug delivery is a part of an advanced drug delivery system that helps transport a therapeutic agent from the site of administration to the targeted area. The MRI guided drug delivery technique not only helps reduce non-target distribution of the drug but also increases drug concentration in the targeted area. The main advantage of MRI guided drug delivery is that the release of the therapeutic agent at a specific site can be quantified and also visualized by real-time settings.

The MRI guided drug delivery procedure decreases unwanted effects of the therapeutic agent on healthy tissues, and hence, this decreases side effects like bleeding, edema, etc., and reduces the need for emergency treatment. From a clinical point of view, the MRI guided drug delivery technique is a less painful, as a non-invasive or minimally invasive approach is used. The MRI guided delivery system offers increased dwell time and slow uptake of the therapeutic agent, which enhances the efficacy of the treatment.

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MRI Guided Drug Delivery Market: Key Players

The global MRI guided drug delivery market is highly consolidated with a small number of global players operating in it. Some of the players identified in the global MRI guided drug delivery market are

• Chongqing Haifu Medical Technology Co., Ltd.
• Monteris
• Profound Medical Corp
• Insightec Ltd.
• Alpinion Medical Systems Co., Ltd.
• Episonica
• Others.

MRI Guided Drug Delivery Market: Segmentation

Tentatively, the global MRI guided drug delivery market can be segmented on the basis of product type, application, indication, end user, and geography.

Based on product type, the global MRI guided drug delivery market is segmented as:

• MRI Guided Drug Delivery Combined with Ultrasound Radiation (Non-invasive)
• MRI Guided Drug Delivery without Ultrasound Radiation (Minimally Invasive)

Based on application, the global MRI guided drug delivery market is segmented as:

• Diagnostic
• Therapeutic

Based on indication, the global MRI guided drug delivery market is segmented as:

• Cancer
• Neurological Disorders
• Uterine Fibroids
• Others (e.g. Cosmetic Medicine)

Based on end user, the global MRI guided drug delivery market is segmented as:

• Hospitals
• Diagnostic Centers