PUBLISHER: BCC Research | PRODUCT CODE: 1396663
PUBLISHER: BCC Research | PRODUCT CODE: 1396663
The global market for neurology devices is estimated to increase from $23.7 billion in 2023 to reach $31.7 billion by 2028, at a compound annual growth rate (CAGR) of 6.0% from 2023 through 2028.
The global market for neurosurgical devices is estimated to increase from $7.5 billion in 2023 to reach $9.6 billion by 2028, at a compound annual growth rate (CAGR) of 5.1% from 2023 through 2028.
The global market for neurovascular devices is estimated to increase from $5.9 billion in 2023 to reach $8.9 billion by 2028, at a compound annual growth rate (CAGR) of 8.7% from 2023 through 2028.
This report is a comprehensive study of the global market for neurology devices. It describes the neurology devices market and segments it by product type and region. Based on product type, the market is segmented into neurosurgical devices, neuromodulation devices, neurovascular devices and neurodiagnostic devices. The market is segmented by region into North America, Latin America, Europe, Asia-Pacific and Rest of the World (RoW).
This report examines the factors driving growth in the neurology devices market, and it reviews major players, established companies, and new entrants.
In this report, the neurosurgical devices segment covers neurosurgical instruments, neurosurgery support devices/equipment, such as surgical microscopes, surgery navigation systems, and in the neurodiagnostic segment CT. MRI scanners are also considered as their role is prominent in the diagnosis of brain tumors and for radiosurgery applications. The revenue estimations are done for CT and MRI scans based on the neurology application point of view rather than the sales of the devices in this segment. The report does not cover neuro diagnostic assays, biomarker assays and related IVD instruments. It is purely focused on clinical applications, not research-oriented ones.