Neurosurgery Market: Current Status, Opportunities, and Future Prospects

The Global Neurosurgery Market report contains historical, current, and forecast estimation of the revenue generation and profits for each segment and sub-segment of the Neurosurgery market in each key region of the world. The report additionally sheds light on the emerging growth opportunities in the business sphere that are anticipated to bolster the growth of the market.

Furthermore, the report is attuned with the latest market changes and economic landscape with regard to the currently unfolding COVID-19 pandemic. The crisis has affected the demand and supply pattern, as well as the trends of the industry. It has also brought an economic slowdown that has affected the business of the key manufacturers of the industry. The report estimates the impact of this crisis on the current scenario and future prospects and provides a post-COVID market scenario.

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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The study further assesses the regional market as well as the international market to garner an insight into the scope of the market. The report also offers estimations and predictions about the market segment and sub-segments exhibiting promising growth in the forecast timeline. The report also provides deeper insights into the technological advancements, industrial landscape, and emerging product and technological developments in the Neurosurgery market. It offers fruitful insights into the business sphere to help businesses capitalize on the lucrative growth opportunities.

Key Players 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

The report, additionally, offers a comprehensive SWOT analysis and Porter’s Five Forces analysis to offer a better understanding of the competitive landscape of the industry. It also covers strategies adopted by prominent players such as mergers and acquisitions, collaborations, joint ventures, product launches, and brand promotions, among others. The report aims to offer the readers a holistic understanding of the relevant features of the industry.

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Analysis of the segments and their growth projection is carried out by extensive historical and current analysis of the market scenario. Further, the report offers details about the factors and features of the Neurosurgery market expected to boost the growth of the industry in the coming years.

Neurosurgery Market Segmentation:

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
  1. Neurovascular Embolization Devices
    1. Embolization Coils
    2. Liquid Embolic Systems
    3. Flow Diversion Stents
    4. Aneurysm Clips
  2. Neurovascular Coiling Assist Devices
    1. Coiling Assist Stents
    2. Coiling Assist Balloons
  3. Neurovascular Thrombectomy Devices
    1. Stent Retrievers
    2. Aspiration Retrievers
  4. Microcatheters
  5. Intracranial Stents
  6. Others
- Neuroendoscopes
  1. Flexible Neuroendoscopes
  2. Rigid Neuroendoscopes
- Neurosurgical Drills
  1. Pneumatic Neurosurgical Drills
  2. Electrical Neurosurgical Drills
- Radiosurgery Systems
  1. Linear Accelerator Radiosurgery Systems
  2. GammaKnife Radiosurgery Systems
- Dura Substitutes
  1. Biological Dura Substitutes
  2. Synthetic Dura Substitutes
- Neurosurgical Ablation Devices
  1. MRI Guided Focused Ultrasound Systems
  2. MRI Guided Laser Therapy Systems
  3. MRI Guided RF Ablation Systems
- Neurosurgery Instruments
  1. Tissue Retractors
  2. Forceps
  3. Head Frames
  4. Cervical Plating systems
  5. Perforators

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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Key Questions Answered in the Report:

What is the growth rate of the Neurosurgery market? What is the anticipated market valuation of Neurosurgery industry by 2027?

What are the key growth driving and restraining factors of the Neurosurgery market?

Who are the prominent players operating in the market? What are the key strategies adopted by these companies?

What are the key opportunities and growth prospects of the Neurosurgery industry over the forecast period?

Which region is expected to show significant growth in the coming years?

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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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