PUBLISHER: Value Market Research | PRODUCT CODE: 1392383
PUBLISHER: Value Market Research | PRODUCT CODE: 1392383
The global demand for Neurosurgery Devices Market is presumed to reach the market size of nearly USD 12.62 BN by 2030 from USD 38.61 BN in 2022 with a CAGR of 15% under the study period 2023 - 2030.
Neurosurgery devices aid in the deterrence, cure, and diagnosis of diseases and disorders affecting the nervous system. They benefit the extracranial cerebrovascular system, brain, peripheral nerves, and spinal cord. Common neurological conditions include neuro-infections, dementia, stroke, multiple sclerosis, traumatic brain injuries, headache disorders, epilepsy, and Parkinson's disease. These illnesses are deadly and have no treatment options. Single- and Dual-Chamber Defibrillators, Stereotactic Systems, Catheters, Pacemakers, neuro-endoscopes, and Implantable Cardioverter Defibrillators are just a few neurosurgery equipments that are utilised in a range of neurosurgical procedures.
The market for global neurological diseases is likely to propel forward with the augment in the frequency and prevalence of neurological diseases in people. Further, the benefits of neurosurgery over other traditional procedures are also the reason for the device's popularity. On the downside, the market is expected to be hampered by the high costs associated with neuro endoscopic equipment and procedures and the scarcity of skilled experts. Nonetheless, recent advancements in neurological surgeries such as 3-Dimensional Reconstruction, X-Knife Radiosurgery, MRI, and surgery under local anaesthesia for brain tumours, on the other hand, are expected to provide lucrative opportunities for the global neurosurgery devices market.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of neurosurgery devices. The growth and trends of neurosurgery devices industry provide a holistic approach to this study.
This section of the neurosurgery devices market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
This section covers the regional outlook, which accentuates current and future demand for the Neurosurgery Devices market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the neurosurgery devices market include B. Braun Melsungen (Germany), Medtronic (US), Boston Scientific Corporation (US), Nevro Corporation (US), KARL STORZ (Germany), Abbott (US), Ackermann Instrumente (Germany), Hawk (China), Machida Endoscope (Japan), and adeor Medical (Germany). This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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