#Neuroendoscopy Devices Market Growth
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#Neuroendoscopy Devices Market#Neuroendoscopy Devices Market Trends#Neuroendoscopy Devices Market Growth#Neuroendoscopy Devices Market Industry#Neuroendoscopy Devices Market Research#Neuroendoscopy Devices Market Report
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Neuroendoscopy Market Size, Share, CAGR, Worth, Key Players, Analysis & Forecast 2032
Emergen Research's latest market research report, titled Global Neuroendoscopy Market, provides estimated market size and shares, latest industry trends, global market growth rates, key drivers and opportunities, constraints, product segmentation, and major market players. Cost structure, market size, competitive landscape, product portfolio and specifications, and company profiles.
This report is a fair prototype of the Neuroendoscopy-industry containing an in-depth study of the global Neuroendoscopy market. This report serves as a valuable source of data and information related to this industry. It covers various industry aspects with a particular focus on market scope and application areas. The report identifies the fundamental business strategies adopted by industry experts and offers an insightful study on the value chains and distribution channels of the global market. The report authors have also analyzed current industry trends, growth potential, current overview, and market limitations.
Neuroendoscopy is a minimally invasive surgical technique used for the diagnosis and treatment of various neurological conditions within the brain and spinal cord. It involves the use of a neuroendoscope, which is a thin, flexible tube with a camera and light source, to access and visualize the affected areas. To provide statistical insights, the Centers for Disease Control and Prevention (CDC) reported that brain tumors accounted for approximately 24,000 malignant tumor diagnoses and 17,000 tumor-related deaths in the United States in 2020. Additionally, the National Institute of Neurological Disorders and Stroke (NINDS) estimated that hydrocephalus affects around 1 in every 500 infants born in the United States. These statistics highlight the significant patient population requiring neuroendoscopy procedures and the market potential for neuroendoscopy devices.
The global neuroendoscopy market size was USD 198.22 Million in 2022 and is expected to register a revenue CAGR of 5.9% during the forecast period, according to the latest analysis by Emergen Research. The global neuroendoscopy market is witnessing significant growth due to factors such as the increasing prevalence of neurological disorders, advancements in technology, and the demand for minimally invasive procedures.
One of the primary drivers behind the growth of the neuroendoscopy market is the rising prevalence of neurological disorders worldwide. According to the World Health Organization (WHO), neurological disorders such as brain tumors, hydrocephalus, and intracranial hemorrhage affect millions of people globally. The increasing awareness, improved diagnostic techniques, and better access to healthcare services have led to higher diagnosis rates and subsequent demand for neuroendoscopy procedures. Additionally, neuroendoscopy offers several advantages over traditional open surgeries, including smaller incisions, reduced trauma, shorter hospital stays, and faster recovery times, further driving market growth.
Technological advancements play a crucial role in the growth of the neuroendoscopy market. The development of high-definition cameras, flexible scopes, and advanced visualization systems has revolutionized the field. These advancements provide surgeons with enhanced visualization and precision during neuroendoscopic procedures. Furthermore, the integration of complementary technologies such as intraoperative imaging and navigation systems improves the accuracy of tumor resections and reduces the risk of complications. The continuous evolution of neuroendoscopic devices and techniques is expected to further drive market growth.
Despite the promising growth prospects, the neuroendoscopy market faces certain restraints. One of the key challenges is the high cost associated with neuroendoscopic procedures and equipment. The advanced technology and specialized instruments used in neuroendoscopy contribute to the higher price points, making them less accessible for some patients, particularly in developing regions. Moreover, the limited availability of skilled neurosurgeons trained in neuroendoscopy techniques poses a challenge to the widespread adoption of these procedures. Addressing these cost-related issues and promoting training programs are crucial for market expansion.
Several growth factors are expected to propel the neuroendoscopy market in the coming years. Firstly, the increasing aging population is driving the demand for neuroendoscopy procedures. Age is a significant risk factor for neurological disorders, and as the population ages, the prevalence of conditions such as brain tumors and hydrocephalus is expected to rise. Neuroendoscopy offers a minimally invasive approach for the diagnosis and treatment of these conditions, making it an attractive option for elderly patients. Secondly, the growing preference for minimally invasive procedures among patients and healthcare providers is fueling the adoption of neuroendoscopy. These procedures offer benefits such as reduced pain, shorter hospital stays, and faster recovery times, leading to increased patient satisfaction.
Additionally, researchers have closely examined the significant changes in the market following the coronavirus outbreak. This is the latest report examining the economic situation of the Neuroendoscopy industry after the current pandemic. The COVID-19 pandemic has significantly changed various aspects of the global Neuroendoscopy market scenario. The latest report provides a comprehensive COVID-19 impact analysis of the market, helping readers to know about the significant impact of the outbreak on the current and future scenarios of this business.
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Key market aspects studied in the report:
Market Scope: The report explains the scope of various commercial possibilities in the global Neuroendoscopy market over the upcoming years. The estimated revenue build-up over the forecast years has been included in the report. The report analyzes the key market segments and sub-segments and provides deep insights into the market to assist readers with the formulation of lucrative strategies for business expansion.
Competitive Outlook: The leading companies operating in the Neuroendoscopy market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.
Report Objective: The primary objective of this report is to provide the manufacturers, distributors, suppliers, and buyers engaged in this sector with access to a deeper and improved understanding of the global Neuroendoscopy market.
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Competitive Terrain:
The global Neuroendoscopy industry is highly consolidated owing to the presence of renowned companies operating across several international and local segments of the market. These players dominate the industry in terms of their strong geographical reach and a large number of production facilities. The companies are intensely competitive against one another and excel in their individual technological capabilities, as well as product development, innovation, and product pricing strategies.
Leading Market Players Profiled in the Report:
B. Braun Melsungen AG, Ackermann, adeor medical AG, Machida Endoscope Co., Ltd., Schindler, Tonglu WANHE Medical Instrument Co., Ltd., LocaMed, Clarus RCM, Olympus Corporation, and Medtronic plc
Regional Outlook:
North America (the U.S., Canada, Mexico)
Europe (the U.K., Germany, France, Italy)
Asia Pacific (India, China, Japan, Korea)
Latin America (Brazil, Argentina, Ecuador, Chile)
Middle East & Africa (Egypt, Turkey, Saudi Arabia, Iran)
Key reasons to buy the Global Neuroendoscopy Market report:
The latest report comprehensively studies the global Neuroendoscopy market size and provides useful inference on numerous aspects of the market, such as the current business trends, market share, product offerings, and product share.
The report offers an insightful analysis of the regional outlook of the market.
It offers a detailed account of the end-use applications of the products & services offered by this industry.
The report holistically covers the latest developments taking place in this industry. Therefore, it lists the most effective business strategies implemented by the market rivals for ideal business expansion.
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Neuroendoscopy Devices Market 2023, Size, Analysis By Segmentation And Graphical Overview Forecast To 2030
Global Neuroendoscopy Devices Market Size research report 2023 offers in-depth assessment of revenue growth, market definition, segmentation, industry potential, influential trends for understanding the future outlook and current prospects for the market.
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Adult Neurosurgery Devices Market Share and Demand Analysis with Size, Growth Drivers and Forecast to 2030
The latest market report published by Credence Research, Inc. “Global Adult Neurosurgery Devices Market: Growth, Future Prospects, and Competitive Analysis, 2016 – 2028. The Adult Neurosurgery Devices market has had consistent growth in recent years and is anticipated to expand at a CAGR of xx% between 2023 and 2030. The market was estimated to be worth USD xx billion in 2022 and is anticipated to grow to USD xx billion in 2030.
Adult Neurosurgery Devices Market Key Growth Trends highlight the significant advancements and promising future prospects in the field of neurosurgery devices designed specifically for adults. The market has witnessed remarkable growth owing to increasing cases of neurological disorders, such as brain tumors, traumatic brain injuries, and spinal cord injuries. Technological innovations have paved the way for cutting-edge devices that aid in precise diagnostics, efficient surgical procedures, and enhanced patient outcomes. These include advanced imaging systems like CT scans and MRI machines that provide detailed insights into patients' conditions before surgery. Additionally, minimally invasive surgical tools are gaining traction due to their ability to reduce postoperative complications while ensuring faster recovery times for patients.
Market Highlights:
Leading Segments: The Neuro Interventional Device segment leads by type, Parkinson’s leads by application, and Hospitals are projected to register the greatest CAGR during the forecast period.
Regional Analysis: North America spearheads the growth, followed by Europe, while Asia Pacific is expected to be the fastest-growing region.
Key Growth Drivers: Rising prevalence of neurological illnesses and technological improvements are driving the market.
Main Challenges: The market faces hurdles like the high cost of neurosurgical operations and devices, along with risks of complications and adverse events.
Technological Advancements:
In North America, AI and ML are transforming neurosurgery through applications like image analysis, surgical planning, predictive analytics, and decision support systems.
Key Players:
Major players in the industry include B. Braun Melsungen, Medtronic, Boston Scientific Corporation, Nevro Corporation, and others. Product innovation, expansion, and mergers and acquisitions are the core strategies of these companies.
Recent Innovations:
Medtronic introduced the Neurovascular Co-Lab Platform in October 2022 to accelerate innovation in stroke care and treatment.
Abbott launched an updated version of the NeuroSphere myPath app in April 2022, improving monitoring of chronic pain patients using Abbott neurostimulation devices.
Browse 240 pages report Adult Neurosurgery Devices Market By Type (Neuro Interventional Devices, Neuro Stimulation Devices, Neurosurgical Navigation Systems, Neurosurgery Surgical Power Tools, CSF Management Devices, Others) By Application (Chronic Pain, Depression, Parkinson’s, Ischemia, Other) - Growth, Future Prospects & Competitive Analysis, 2016 – 2030)- https://www.credenceresearch.com/report/adult-neurosurgery-devices-market
Adult Neurosurgery Devices Market Growth Factor Worldwide:
Increasing Prevalence of Neurological Disorders: With an aging global population, there is a rise in the number of cases of neurodegenerative diseases like Alzheimer's, Parkinson's, and multiple sclerosis. Moreover, the frequency of conditions like traumatic brain injuries, brain tumors, and hydrocephalus is increasing, necessitating neurosurgical interventions.
Technological Advancements: Innovations such as minimally invasive surgery tools, neuroendoscopy, advanced brain mapping systems, and real-time imaging during surgeries have revolutionized neurosurgery. These advancements enhance surgical outcomes and reduce patient recovery time, thus increasing the demand for these devices.
Improvements in Healthcare Infrastructure: As developing countries continue to invest in their healthcare sectors, there is an increased accessibility to sophisticated neurosurgical procedures. This expansion of infrastructure widens the market for neurosurgical devices.
Increasing Healthcare Expenditure: Governments and private sectors in many countries are boosting their healthcare budgets. Increased expenditure translates to better medical facilities, availability of advanced surgical tools, and an overall growth in the market for neurosurgery devices.
Awareness and Medical Tourism: Growing awareness about the availability of advanced neurosurgical treatments in certain countries has given a boost to medical tourism. Patients are traveling abroad to seek quality treatments at affordable costs, thereby expanding the market for neurosurgery devices in countries known for medical tourism.
Professional Training & Workshops: Increased focus on training healthcare professionals about the latest neurosurgical techniques and devices ensures that the most recent tools are in demand and get utilized in surgical procedures.
Regulatory Approvals: Streamlining of regulatory processes in many regions, combined with swift approvals for innovative products, further encourages manufacturers to invest in R&D, leading to growth in the market.
Rise in Research & Development: Companies are investing heavily in R&D to develop new and innovative products. This not only ensures the growth of the neurosurgery devices market but also benefits patients with better surgical outcomes.
Challenges and Restraints: However, it's worth noting that this market also faces challenges like stringent regulatory guidelines, high cost of devices, and potential complications associated with neurosurgical procedures. These factors might restrain the market's growth to some extent.
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The report provides a qualitative as well as quantitative analysis of the global Adult Neurosurgery Devices Market by segments, current trends, drivers, restraints, opportunities, challenges, and market dynamics with the historical period from 2016-2020, the base year- 2021, and the projection period 2022-2028.
The report includes information on the competitive landscape, such as how the market's top competitors operate at the global, regional, and country levels.
Major nations in each region with their import/export statistics
The global Adult Neurosurgery Devices Market report also includes the analysis of the market at a global, regional, and country-level along with key market trends, major players analysis, market growth strategies, and key application areas.
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Endoscopy Equipment And Software Market Demand, Size, Share, Scope & Forecast to 2030
The endoscopy equipment and software market was worth USD 27, 429.10 million in 2021 and is anticipated to amplify at a CAGR of 6.2%, thereby amassing USD 39351.20 million by end of the analysis forecast.
Endoscopy is an imaging technique used to see within bodily organs or blood vessels. This technology aids in surgical or therapeutic operations in addition to being used to detect damage. This market is being driven by factors such an ageing population with an increase in the prevalence of gastrointestinal, cancer, and other chronic diseases, a rise in the number of hospitals, and endoscopy-related technical advancements.
In the world of minimally invasive and non-invasive surgery, endoscopy is seen as a game-changer. A long, thin tube is sent into the body through a natural orifice, such as the mouth, to closely examine an internal organ or tissue during an endoscopy. In the coming years, the endoscopy equipment and software market will grow as a result of an increase in gastrointestinal problems, an older population with an increasing number of chronic and acute diseases, including cancer, as well as technical advancements.
Endoscopy equipment and software market- Segment analysis
By Product
• Endoscopes
Flexible
Rigid
Capsule
Robot-Assisted
Others
Visualization & Documentation Systems
Electronic Endoscopic Equipment
Mechanical Endoscopic Equipment
Software
Accessories
Others
The endoscopes segment is slated to capture a high revenue share over the estimated timeline ascribing to a rapid increase in elderly population, rising burden of various diseases, and widespread adoption of technologically advanced medical devices.
By Application
Bronchoscopy
Arthroscopy
Laparoscopy
Urology Endoscopy
Neuroendoscopy
Gastrointestinal Endoscopy
Gynecology Endoscopy
ENT Endoscopy
Others
The laparoscope segment is poised to garner significant gains over 2022-2030 owing to the growing cases of morbid obesity and rise in the use of laparoscopic devices in diagnosis and therapeutic procedures related to pancreatic cancer and prostatectomy.
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Top Key Players:-
Boston Scientific Corporation
CONMED Corporation
Cook Medical
Ethicon Inc.
Fujifilm Holdings Corporation
HOYA Corporation
JOHNSON & JOHNSON
KARL STORZ SE & Co. KG
Medtronic Plc
Smith & Nephew
Olympus Corporation
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Neuroendoscopy Devices Market: Market Growth Analysis
According to a new market research report "Neuroendoscopy Market by Product (Rigid (Videoscope, Fiberscope), Flexible endoscope), Usability (Reuse and Disposable), Application (Transnasal, Intraventricular, and Transcranial), Region (North America, Europe, Asia) - Global Forecast to 2022", published by MarketsandMarkets™, the global market is expected to reach USD 218.9 Million by 2022 from USD 170.5 Million in 2017, at a CAGR of 5.1%. Don’t miss out on business opportunities in Neuroendoscopy Devices Market. Speak to our analyst and gain crucial industry insights that will help your business grow: https://www.marketsandmarkets.com/speaktoanalyst.asp?id=68126508 The growth of the Neuroendoscopy Market is attributed to favorable government initiatives, rising prevalence of neurological disorders, and benefits of neuroendoscopic surgery over conventional brain surgery. The high cost of neuroendoscopy procedures & equipment is the major restraint for the market. The average list price of a neuroendoscopy system is as high as USD 10,000 to USD 15,000. Healthcare providers—particularly in developing countries such as India, Brazil, and Mexico—have low financial resources to invest in such costly sophisticated technologies. Moreover, healthcare staff needs to be trained for the efficient handling and maintenance of neuroendoscopy systems and equipment. This is a major issue as training costs for neuroendoscopic procedures are high. Considering the high cost of training, only a limited number of surgeons opt for undergoing training for neuroendoscopy (Source: Journal of Surgical Simulation). Owing to the high cost of equipment as well as the high training and maintenance costs, neuroendoscopy procedures are generally expensive. This is a major factor restraining the growth of the neuroendoscopy devices market. Browse and in-depth TOC on "Neuroendoscopy Market"
75 - Tables
22 - Figures
101 - Pages View more detailed TOC @ https://www.marketsandmarkets.com/Market-Reports/neuroendoscopy-market-68126508.html Transnasal Neuroendoscopy Transnasal procedures help surgeons to approach the anterior cranial base, parasellar region, clivus, cavernous sinus, and craniovertebral junction in a less invasive manner as compared to conventional neurosurgery techniques. Transnasal neuroendoscopy is indicated for biopsies, removal of cysts, and removal of pituitary gland tumors and other obstructions. The advantages of transnasal neuroendoscopy include increased visualization with high light intensity in the deep-seated surgical field, clear display of patho-anatomical details, and extended viewing angle of neuroendoscopes (which enables surgeons to observe hidden parts of the surgical field). Intraventricular Neuroendoscopy Neuroendoscopic surgery for intraventricular brain tumors is one of the major applications of neuroendoscopy. This approach is used in selective conditions, such as tumor biopsy, concordant CSF diversion, treatment of non-communicating hydrocephalus, management of pineal tumor patients, fenestration of intracranial cysts, and removal of fibroid cysts. Factors such as the ease of use, increased visibility, and treatment of a large number of neurological conditions will drive the growth of this segment. North America dominated the Neuroendoscopy Market in 2017 In 2017, North America dominated the market followed by Europe. The large share of this geographical segment is attributed to favorable reimbursement scenario in the US, rising incidence of cancer, increasing investments by hospitals to purchase new neuroendoscopic equipment, increasing research activities, and implementation of a new funding model for Canadian hospitals. Request for Free Sample Report @ https://www.marketsandmarkets.com/requestsample.asp?id=68126508 The Neuroendoscopy Market includes various small and large players. Key players in this market are KARL STORZ(Germany), B.Braun Aesculap (Germany), Ackermann Instrumente (Germany), Adeor Medical (Germany), Hawk (China), Machida (Japan), Tonglu Wanhe Medical (China), Schindler (Germany), Clarus (US), LocaMed (UK), and Visionsense (US). Browse Adjacent Markets @ Medical Devices Market Research Reports & Consulting
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Endoscopy Devices Market Revenue, Trends, Competitive Landscape Study 2027
Theglobal endoscopy devices market was valued at $30,011.13 million in 2018, and is projected to reach $45,389.62 million by 2026, at a CAGR of 5.4% from 2019 to 2026. Endoscopy is a process of visualizing internal organs using an endoscope. These endoscopes are equipped with a thin and flexible tube along with a camera on the tip through which the lining of the esophagus, stomach, duodenum, and others can be visualized. These endoscopy devices can be used either for disease diagnosis or therapeutic surgeries. A cutting tool is attached to the end of the endoscope, and subsequently the apparatus can be used to perform surgery. The global endoscopy devices market is anticipated to experience significant growth during the forecast period due to technological advancements and rise in prevalence rate of diseases that require endoscopy devices. In addition, favorable FDA approvals & reimbursement policies in developed economies, surge in patient preference for minimally invasive surgeries, and shorter recovery time & minimal postoperative complications further drive the growth of the global endoscopy devices market. However, dearth of trained physicians & endoscopists and infections caused by few endoscopes restrict the growth of the market. On the contrary, unmet medical demands in developing countries are expected to provide lucrative opportunities for the market growth.
Request for Sample with Complete TOC and Figures & Graphs @ https://www.trendsmarketresearch.com/report/sample/13314 The global endoscopy devices market is segmented into product, hygiene, application, end user, and region. Depending on product, the global market is categorized into endoscopy devices (endoscopes), mechanical endoscopic equipment, visualization & documentation systems, accessories, and others. The endoscopy devices segment is further classified into rigid endoscopes, flexible endoscopes, capsule endoscopes, and robot-assisted endoscope. The rigid endoscopes segment is subdivided into laparoscopes, urology endoscopes, gynecology endoscopes, arthroscopes, cystoscopes, neuroendoscopes, and others rigid endoscopes.
The flexible endoscopes segment is subsegmented into GI endoscopes, ENT endoscopes, bronchoscopes, ultrasound endoscopes, and other flexible endoscopes. The mechanical endoscopic equipment is further segmented by devices and by therapeutic. The mechanical endoscopic equipment, by devices is further divided into endoscopic implants, trocars, graspers, snares, biopsy forceps, and others.
The mechanical endoscopic equipment by therapeutic is further classified into biopsy (FNA and FNB), polypectomy (ESD and EMR), biliary stone management & drainage, hemostasis & suturing, esophageal & colon stricture management, gastroesophageal reflux disease (GERD)/obesity, and others. The visualization & documentation systems segment is subcategorized into light sources, camera heads, wireless display & monitors, endoscopy cameras, carts, digital documentation systems, video processors & video convertors, transmitters & receivers, and others. The accessories segment is further segmented into biopsy valves, overtubes, mouth pieces, surgical dissectors, needle holders & needle forceps, cleaning brushes, light cables, and other accessories. The other endoscopy equipment is further fragmented into insufflators, endoscopy fluid management systems, and other electronic endoscopy equipment.
Get Discount On The Purchase Of This Report @ https://www.trendsmarketresearch.com/report/discount/13314 Depending on hygiene, the market is segregated into single-use, reprocessing, and sterilization. The applications covered in the study include bronchoscopy, arthroscopy, laparoscopy, urology endoscopy, neuroendoscopy, gastrointestinal endoscopy, gynecology endoscopy, ENT endoscopy, and others. On the basis of end user, the market is classified into hospitals, ambulatory surgery centers & clinics, and others. Region wise, the market is studied across North America, Europe, Asia-Pacific, and LAMEA. KEY MARKET BENEFITS ü This report provides a detailed quantitative analysis of the current market trends and future estimations from 2019 to 2026, which assist to identify the prevailing market opportunities. ü An in-depth analysis of various regions is anticipated to provide a detailed understanding of the current trends to enable stakeholders to formulate region-specific plans. ü A comprehensive analysis of the factors that drive and restrain the growth of the global endoscopy devices market is provided. ü An extensive analysis of various regions provides insights that allow companies to strategically plan their business moves.
KEY MARKET SEGMENTS
• By Product o Endoscopy Devices
§ Rigid Endoscopes • Laparoscopes • Urology Endoscopes • Gynecology Endoscopes • Arthroscopes • Cystoscopes • Neuroendoscopes • Other Rigid Endoscopes
§ Flexible Endoscopes • GI Endoscopes o Gastroscopes o Colonoscopes o Sigmoidoscopes o Duodenoscopes • ENT Endoscopes o Nasopharyngoscopes o Otoscope o Rhinoscopes o Laryngoscopes • Bronchoscopes • Ultrasound Endoscopes • Other Flexible Endoscopes
§ Capsule Endoscopes § Robot-assisted Endoscope o Mechanical Endoscopic Equipment
§ By Devices • Endoscopic Implants • Trocars • Graspers • Snares • Biopsy Forceps • Others
§ By Therapeutics • Biopsy (FNA and FNB) • Polypectomy (ESD and EMR) • Biliary Stone Management & Drainage • Hemostasis & Suturing • Esophageal & Colon Stricture Management • Gastroesophageal Reflux Disease (GERD) & Obesity • Others
o Visualization & Documentation Systems § Light Sources § Camera Heads § Wireless Display & Monitors § Endoscopy Cameras § Carts § Digital Documentation Systems § Video Processors & Video Convertors § Transmitters and Receivers § Others
o Accessories § Biopsy Valves § Overtubes § Mouth Pieces § Surgical Dissectors § Needle Holders & Needle Forceps § Cleaning Brushes § Light Cables § Other Accessories
o Other Endoscopy Equipment § Insufflators § Endoscopy Fluid Management Systems § Other Electronic Endoscopy Equipment
• By Hygiene o Single-use o Reprocessing o Sterilization
• By Application o Bronchoscopy o Arthroscopy o Laparoscopy o Urology Endoscopy o Neuroendoscopy o Gastrointestinal Endoscopy o Gynecology Endoscopy o ENT Endoscopy o Others
• By End User o Hospitals o Ambulatory Surgery Centers & Clinics o Others
• By Region o North America § U.S. § Canada § Mexico
o Europe § Germany § France § Spain § Italy § UK § Russia § Rest of Europe
o Asia-Pacific § Australia § Japan § India § China § Taiwan § Rest of Asia-Pacific
o LAMEA § Brazil § Saudi Arabia § South Africa § Turkey § Rest of LAMEA LIST of KEY PLAYERS PRofILED IN THE REPORT • HOYA Corporation • Olympus Corporation • Stryker Corporation • Boston Scientific Corporation • Fujifilm Holdings Corporation • CONMED Corporation • Medtronic Plc. • Karl Storz GmbH & Co. KG • Smith & Nephew, Plc. • Johnson & Johnson • Medrobotics Corporation
The other players in the value chain (profiles not included in the report) • Richard Wolf GmbH • Cook Medical • B. Braun • PENTAX Medical • Machida Endoscope Co., Ltd.
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Neuroendoscopy Devices Market Will Reach Height of USD 203.9 million By 2024
Neuroendoscopy Devices Market Will Reach Height of USD 203.9 million By 2024
The neuroendoscopy devices market is expected to reach USD 203.9 million by 2025. The global market is set to witness a higher CAGR in the forthcoming period. Neuroendoscopy devices market is driven by factors such as rising number in cases of brain tumor and demand for minimally invasive surgeries. In addition, increasing incidences of intraventricular haemorrhage and growth in cases of…
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Neurosurgery Devices Market: Rising Prevalence of Neurological Diseases
This report aims to provide detailed insights into the Neurosurgery Devices Market. It provides valuable information on the type, procedure, application, and region in the market. Furthermore, the information for these segments, by region, is also presented in this report. Leading players in the market are profiled to study their product offerings and understand the strategies undertaken by them to be competitive in this market. Expected Revenue Growth Analysis: The global Neurosurgery Instruments Market is projected to reach USD 13.5 billion by 2024 from USD 7.3 billion in 2019, at a CAGR of 13.0% during the forecast period. Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=133872377 Key Factors Driving Market Growth: The major factors driving the growth of the Neurosurgery Devices Market are the rising prevalence of neurological disorders, the benefits of neuroendoscopic surgeries over conventional brain surgeries, and the growing prevalence of neurological diseases. The spinal cord stimulation devices segment accounted for the largest share of the internal neuromodulation devices market, by type, in 2018. On the basis of product, the Neurosurgery Devices Market is segmented into neuromodulation devices and neuroendoscopy devices. The neuromodulation devices market is further segmented into internal neuromodulation devices and external neuromodulation devices. The internal neuromodulation devices market is further segmented into spinal cord stimulation devices, deep brain stimulation devices, and other internal neuromodulation devices (vagus nerve stimulators, sacral nerve stimulators, and gastric electrical stimulators). The spinal cord stimulation devices segment accounted for the largest share of the internal neuromodulation devices market in 2018. The large share of this segment can be attributed to the rising healthcare expenditure per capita, an increase in aging demographics, and a growing number of people suffering from FBSS, ischemia, and chronic pain. Ischemia segment to register the highest CAGR in the spinal cord stimulation applications market during the forecast period. On the basis of application, the Neurosurgery Instruments Market is segmented into spinal cord stimulation, deep brain stimulation, and neuroendoscopy applications. The spinal cord stimulation applications market is further segmented into chronic pain, failed back surgery syndrome, and ischemia. The ischemia segment is expected to grow at the highest CAGR during the forecast period. The high growth of this segment can be attributed to the high incidence of ischemia and other cardiovascular diseases. North America will continue to dominate the Neurosurgery Devices Market during the forecast period On the basis of region, the Neurosurgery Instruments Market has been segmented into four major regions, namely, North America, Europe, the Asia Pacific, and the Rest of the World. In 2018, North America accounted for the largest share of the market. The large share of North America can be attributed to the high prevalence of neurological disorders, large number of neurosurgical procedures performed, and the presence of a favorable reimbursement structure. Request Sample Report: https://www.marketsandmarkets.com/requestsampleNew.asp?id=133872377 Major players operating 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). Medtronic (US) is the leading player in the neurosurgery instruments market. The company offers a comprehensive range of neuromodulation products. Medtronic has a strong focus on innovation and invested USD 2.25 billion in research and development in 2018. Medtronic has also gained a major share in the neuromodulation market on account of its diversified product portfolio, widespread geographical presence, strong focus on R&D, and
focused marketing & sales strategies.
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Neuroendoscopy Devices Market Size, Key Analysis And Comprehensive Growth Forecast Till 2030
Global Neuroendoscopy Devices Market Size research report 2022 offers in-depth assessment of revenue growth, market definition, segmentation, industry potential, influential trends for understanding the future outlook and current prospects for the market.
Full Report: https://www.fortunebusinessinsights.com/industry-reports/neurology-endoscopy-devices-market-100692
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Neuroendoscopy Devices Market is Expected to Grow at a Impressive CAGR of 8.15% by 2023
A research study titled, “Neuroendoscopy Devices Market by application, device type and surgery type- global industry analysis and forecast to 2023” published by crystal market research. Competitive Insights The leading players in the market are Zeiss, Olympus Corporation, Medtronic, B. Braun Medical Inc, Stryker Corporation and Karl Storz. The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and share of the overall industry. Application Outlook- Different activities attempted by the government; foundations to help the selection of neuroendoscopy and expanding innovative work speculation by the key players are a portion of the components that are contributing in the market development. Hospitals dominate the general application portion with the biggest income share.
Regional Outlook North America is the most developed market took after by Europe. Technological advancements in the medicinal services division and expanding occurrences of the pituitary tumours is contributing towards the development of these business sectors. The U.S. is the biggest market for neuroendoscopy over the world. Asia Pacific market is anticipated to become altogether attributable to the accessibility of undiscovered development openings in the area particularly in, China, Japan and India. Request to access sample report here: www.crystalmarketresearch.com/report-sample/HC03663 Surgery Outlook - Intraventricular fragment represented the biggest income share in 2016. B.Braun Medical Inc. and, Medtronic are some of the driving organizations that offer intraventricular neuroendoscopy devices. Expanding instances of intraventricular bleeding and hemorrhage, and accessibility of actually propelled products are a portion of the key variables boosting growth for these devices. Industry Trend Analysis: The Neuroendoscopy Devices Market was worth USD 87.45 million in 2014 and is expected to reach approximately USD 177.04 million by 2023, while registering itself at a compound annual growth rate (CAGR) of 8.15% during the forecast period. The demand for neuroendoscopy is expanding because of worldwide ascent in number of brain tumor cases and developing interest for minimally invasive surgical procedures.These devices are significantly used amid the treatment of diseases, for example, hydrocephalus, pituitary tumors, intraventricular discharge and bleeding. Thus, steady rise in frequency of pituitary tumors and intraventricular discharge is driving the development of the market. Market Segmentation- Neuroendoscopy Devices Market Neuroendoscopy Devices Market, By Application, Estimates and Forecast, 2014-2023($Billion) Hospitals Medical Research Centers Neuroendoscopy Devices Market, By Surgery Type, Estimates and Forecast, 2014-2023($Billion) Intraventricular Transcranial Transnasal Neuroendoscopy Devices Market, By Device Type, Estimates and Forecast, 2014-2023($Billion) Rigid Neuroendoscopes Flexible Neuroendoscopes Research Report Description with Detailed TOC on Neuroendoscopy Devices Market @: www.crystalmarketresearch.com/report/neuroendoscopy-devic... Neuroendoscopy Devices Market, By Region, Estimates and Forecast, 2014-2023($Billion) North America U.S Canada Mexico Europe Germany France UK Italy Spain Rest of Europe Asia-Pacific Japan China Australia India South Korea Rest of Asia Pacific Rest of the World Brazil South Africa Saudi Arabia United Arab Emirates Others Major Table of Contents: Chapter 1. Introduction 1.1. Report Description 1.2. Research Methodology 1.2.1. Secondary Research 1.2.2. Primary Research Chapter 2. Executive Summary 2.1. Key Highlights Chapter 3. Market Overview 3.1. Introduction 3.1.1. Market Definition 3.1.2. Market Segmentation 3.2. Market Dynamics 3.2.1. Drivers 3.2.1.1. Increasing Number of Brain Tumour Cases 3.2.1.2. Growing Demand for Minimally Invasive Surgery Procedures 3.2.2. Restraints 3.2.2.1. High Cost and Poor Reimbursement Policies 3.2.3. Opportunities 3.2.3.1. Emerging Countries to Offer Lucrative Growth Opportunities ....CONTINUED FOR TOC To Avail Discount, Please click On the Link @ www.crystalmarketresearch.com/check-discount/HC03663 About Crystal Market Research: Crystal Offers One Stop Solution For Market Research, Business Intelligence, And Consulting Services To Help Clients Make More Informed Decisions. It Provides Both Syndicated As Well As Customized Research Studies For Its Customers Spread Across The Globe. The Company Offers Market Intelligence Reports Across A Broad Range Of Industries Including Healthcare, Chemicals & Materials, Technology, Automotive, And Energy. Contact Us: Judy S, 304 South Jones Blvd, Suite 1896, Las Vegas NV 89107, United States Toll Free: +1-888-213-4282 Email: [email protected]
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Neuroendoscopy Devices Market Will Accomplish Outstanding USD 203.9 million Figure By 2024
Neuroendoscopy Devices Market Will Accomplish Outstanding USD 203.9 million Figure By 2024
The neuroendoscopy devices market is expected to reach USD 203.9 million by 2025. The global market is set to witness a higher CAGR in the forthcoming period. Neuroendoscopy devices market is driven by factors such as rising number in cases of brain tumor and demand for minimally invasive surgeries. In addition, increasing incidences of intraventricular haemorrhage and growth in cases of…
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Neuroendoscopy Devices Market To See Stunning Growth by 2031
Neuroendoscopy Devices Market To See Stunning Growth by 2031
A new informative report titled “Neuroendoscopy Devices Market 2021 High Growth Forecast due to Rising Demand and Future Trends to 2031 Market Size 2021 by Key Players, Types, Applications, Forecast to 2031” has recently been published by insightSLICE to its humongous database which helps to shape the future of the businesses by making well-informed business decisions. It offers a comprehensive…
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#Neuroendoscopy Devices#Neuroendoscopy Devices CAGR#Neuroendoscopy Devices Industry#Neuroendoscopy Devices manufactures#Neuroendoscopy Devices market size
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Neuroendoscopy Devices Market Share And Growth Factors Impact Analysis till 2025
June 29, 2021: The neuroendoscopy devices market is expected to reach USD 203.9 million by 2025. The global market is set to witness a higher CAGR in the forthcoming period. Neuroendoscopy devices market is driven by factors such as rising number in cases of brain tumor and demand for minimally invasive surgeries. In addition, increasing incidences of intraventricular haemorrhage and growth in cases of pituitary tumors are likely to contribute to the market growth in the forecast period. The market witnesses several opportunities in form of rising incidences of brain injury and neural surgeries combined with increase in minimally invasive procedures.
Endoscopy plays a crucial role in minimally invasive neurosurgery; and in fact, neuroendoscopy has undergone constant changes following the progress of rigid endoscopes, flexible and steerable fiberoscopes. Neuroendoscopic techniques enable neuro-surgeons to achieve intraventricular cystic lesions in a minimally invasive technique. Determining the operative morbidity and mortality by using conventional approaches to the lesions, endoscopic surgery offers a safer outcome owing to the direct inspection of cyst membrane and regularity in contents. Combining neuroendoscopy with neuronavigation, the inclination towards robotic technology leads further to the progress in intraventricular neuroendoscopy.
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Neuroendoscopy devices market is quadfurcated into surgery, device type, application and geography. Geographical segmentation for market spans North America, South America, Europe, Asia-Pacific, Middle East and Africa. North American market is expected to lead the market growth in the forthcoming period followed by Europe. North America witnesses rising incidences of pituitary tumors that demand minimal invasive techniques for rapid recovery in patients. Favorable reimbursements, rising prevalence of cancer, and rise in investments is likely to fuel the market growth in the near future.
Asia-Pacific’s market is expected to gain a positive traction in the forthcoming period due to untapped potential in the APAC sector and favorable opportunities in Japan, China, and India. In addition, healthcare insurance, rise in technological advancements and rise in healthcare expenditure is likely to contribute to the market growth. European market is expected to gain a moderate CAGR in the forthcoming period due to rising cases of premature births and improved healthcare infrastructure is likely to propel the market growth in the forthcoming period.
Middle Eastern regions are expected to gain a higher growth in the forthcoming period owing to improvisation in maternal care solutions and availability of enhanced NICU infrastructure. African regions are expected to register a moderate CAGR in the forthcoming period due to low awareness among the population regarding health policies by government. In addition, growing cases of infection caused in people resulting into blood loss is likely to hinder the market growth.
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However, opportunities such as technological advancements and preference for minimally invasive diagnostics is likely to contribute to the neuroendoscopy devices market growth in the near future. The key players in the neuroendoscopy devices industry include B.Braun Medical Inc, Olympus Corporation, Karl Storz, Zeiss International, Medtronic, and Stryker.
Market Segment:
Neuroendoscopy Devices Surgery Type Outlook (Revenue, USD Million; 2014 - 2025)
• Intraventricular
• Transcranial
• Transnasal
Neuroendoscopy Devices Type Outlook (Revenue, USD Million; 2014 - 2025)
• Rigid
• Flexible
Neuroendoscopy Devices Application Outlook (Revenue, USD Million; 2014 - 2025)
• Hospitals
• Medical Research Centers
Neuroendoscopy Devices Regional Outlook (Revenue, USD Million; 2014 - 2025)
• North America
• U.S.
• Canada
• Europe
• Germany
• UK
• Asia Pacific
• Japan
• China
• Latin America
• Mexico
• Brazil
• MEA
• South Africa
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