The new report titled ‘Global Neurosurgery Market’, published by Emergen Research, is methodically curated by our team of analysts, keeping readers’ understanding in mind, and includes a wide-ranging database of industry distribution. Researchers have taken a holistic approach towards the global market analysis and highlighted the factors that influence the overall growth of the market. The study involves the use of efficient analytical tools like SWOT analysis and Porter’s Five Forces to inspect the strengths, weaknesses, opportunities, and threats associated with the growth of the various market segments.
The global neurosurgery market size is expected to reach USD 4.91 Billion at a revenue CAGR of 4.6% in 2030, according to latest analysis by Emergen Research. The market revenue growth is primarily driven by factors such as increased utilization of neurovascular surgery, attractive medical reimbursements, growth of healthcare system throughout countries, and development of new neurovascular devices. Also, after heart illness, neurological ailments are regarded as the second most common cause of mortality worldwide. According to World Health Organization research, with rising prevalence of lifestyle illnesses, such as high blood pressure, obesity, and aging-related physiological changes in the senior population, approximately 50 million patients are at risk of acquiring neurovascular/neurological diseases. Furthermore, increasing prevalence of neurological illnesses will drive market revenue growth over the forecast period
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Key Points of Neurosurgery Market:
- Extensive coverage of the analysis of the Neurosurgery market
- Key insights into the regional spread of the industry in key geographies
- Radical insights into the vital market trends; both current and emerging trends, and factors influencing the growth of the market
- Comprehensive coverage of the impact of the COVID-19 pandemic on the overall growth of the Neurosurgery market
- Complete data about the key manufacturers and vendors in the Neurosurgery market
Market Drivers:
The constant efforts of prominent players to develop newer and modern technologies and product advancements are expected to drive the growth of the industry over the coming years. The report studies the extensive business expansion plans and advancements in RD activities and product portfolio. The report offers a clear understanding of the alliances in the market, such as mergers and acquisitions, joint ventures, collaborations, partnerships, agreements, product launches and brand promotions, and corporate deals.
The report also talks about the shift in demands and emerging trends that are expected to drive the growth of the market. The rising demand for the Neurosurgery products is expected to drive the demand for Neurosurgery, thereby bolstering the growth of the industry. Moreover, the report also studies the impact of the COVID-19 pandemic on the market.
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Regional Analysis:
The report sheds light on the region expected to dominate the Neurosurgery market in the coming years. The report estimates the market size in terms of volume and value and offers an accurate estimate of the market share each region is anticipated to hold during the forecast period. The report analyzes the spread of the Neurosurgery market in key geographies covering North America, Latin America, Europe, Asia Pacific, and Middle East Africa. The regional analysis offers an idea about the production and consumption pattern, import/export, supply and demand ratio, revenue contribution, market share and size, and the presence of prominent players in each region.
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Leading Companies of the Neurosurgery Industry and Profiled in the Report are:
B. Braun SE, Medtronic, Medical Device Business Services, Inc. (JJ Subsidiary), Boston Scientific Corporation, Stryker, Terumo Corporation, Integra LifeSciences, Penumbra Inc., Adeor Medical AG, Resonetics, and Clarus Medical LLC
Based on Type, the Neurosurgery Market is segmented into:
Surgery Type Outlook (Revenue, USD Billion; 2019-2030)
- Functional Neurosurgery
- Neuro-oncology
- Neurotraumatology
- Neurovascular Surgery
- Pediatric neurosurgery
- Spine Surgery
- Others
Device Type Outlook (Revenue, USD Billion; 2019-2030)
- Neuro Interventional Devices
- Neurovascular Embolization Devices
- Embolization Coils
- Liquid Embolic Systems
- Flow Diversion Stents
- Aneurysm Clips
- Neurovascular Coiling Assist Devices
- Coiling Assist Stents
- Coiling Assist Balloons
- Neurovascular Thrombectomy Devices
- Stent Retrievers
- Aspiration Retrievers
- Microcatheters
- Intracranial Stents
- Others
- Neurovascular Embolization Devices
- Neuroendoscopes
- Flexible Neuroendoscopes
- Rigid Neuroendoscopes
- Neurosurgical Drills
- Pneumatic Neurosurgical Drills
- Electrical Neurosurgical Drills
- Radiosurgery Systems
- Linear Accelerator Radiosurgery Systems
- GammaKnife Radiosurgery Systems
- Dura Substitutes
- Biological Dura Substitutes
- Synthetic Dura Substitutes
- Neurosurgical Ablation Devices
- MRI Guided Focused Ultrasound Systems
- MRI Guided Laser Therapy Systems
- MRI Guided RF Ablation Systems
- Neurosurgery Instruments
- Tissue Retractors
- Forceps
- Head Frames
- Cervical Plating systems
- Perforators
- Neuro Interventional Devices
Application Outlook (Revenue, USD Billion; 2019-2030)
- Cancerous Brain
- Spine and Skull Base Tumors
- Skull Fractures
- Traumatic Brain Injuries
- Craniofacial Trauma
- Spinal Cord Injuries
- Hydrocephalus
- Pediatric Brain Tumors
- Craniosynostosis
- Spinal Cord Tumors
- Syringomyelia
- Chiari Malformation
- Parkinson’s Disease
- Tourette’s Syndrome
- Others
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Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
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