The global neurosurgery market is expected to reach the value of USD 20,679.72 million by 2029, at a CAGR of 14.2% during the forecast period. "Product type" accounts for the largest type segment in the market due to the increasing patient population globally. This market report also covers pricing analysis, patent analysis, and technological advancements in depth.
With an international Global Neurosurgery Market research report, comprehensive analysis of the market structure along with forecast of the various segments and sub-segments of the Healthcare industry can be obtained. Ease maintained in research method and application of best tools and techniques makes this market research report an exceptional. As per this market report, the market is expected to grow at a substantial Compound Annual Growth Rate (CAGR) during the forecast period 2022-2029. To generate Global Neurosurgery Market report, a team of multilingual researchers who are skilled at different languages come together with which they professionally execute market research globally.
Global Neurosurgery Market research report gives market analysis by taking into account market structure along with forecast of the various segments and sub-segments of the ABC industry. Few aspects are kept into view while formulating this global market report and include the market type, organization size, availability on-premises, end-users’ organization type, and the availability in areas such as North America, South America, Europe, Asia-Pacific and Middle East & Africa. The document explains market research based on regional, local as well as global level. A wide Global Neurosurgery Market analysis document brings together a vast market place clearly into the focus.
Global Neurosurgery Market Scope and Market Size
The global neurosurgery market is segmented into product type, application, age group, end user, and distribution channel. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
By Product Type
· Neurosurgery devices
· Neurosurgery software
· Consumables
On the basis of product type, the global neurosurgery market is segmented into neurosurgery devices, neurosurgery software, and consumables.
By Application
· Aneurysms
· Arteriovenous malformation (AVM)
· Brain tumors
· Carotid artery blockage/stenosis
· Cerebrovascular surgery
· Cortical mapping
· Epilepsy
· Functional neurosurgery
· Intraoperative angiography
· Parkinson's disease and tremors
· Peripheral nerve surgery
· Pituitary tumors
· Radiosurgery
· Skull base surgery
· Spine surgery
· Stereotactic neurosurgery
· Trauma surgery
· Trigeminal neuralgia
· Others
On the basis of application, the global neurosurgery market is segmented into aneurysms, arteriovenous malformation (AVM), brain tumors, carotid artery blockage/stenosis, cerebrovascular surgery, cortical mapping, epilepsy, functional neurosurgery, intraoperative angiography, Parkinson's disease and tremors, peripheral nerve surgery, pituitary tumors, radiosurgery, skull base surgery, spine surgery, stereotactic neurosurgery, trauma surgery, trigeminal neuralgia, others.
By Age Group
· Pediatric
· Adult
· Geriatric
On the basis of end user, the global neurosurgery market is segmented into pediatric, adult, and geriatric.
By End User
· Hospitals
· Research centers
· Neurosurgery centers
· Ambulatory surgical centers (ASCS)
· Others
On the basis of end user, the global neurosurgery market is segmented into hospitals, neurosurgery centers, research centers, ambulatory surgical centers, and others.
By Distribution Channel
· Direct tender
· Third party distributors
· Others
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Market Analysis and Insights: Global Neurosurgery Market
· The neurological conditions include dementia, headache disorders, neuro-infections, and multiple sclerosis, traumatic brain injuries, pain associated with neurological disorders, neurological disorders associated with malnutrition, stroke, epilepsy, and Parkinson's disease. These disorders are fatal and cannot be cured by therapeutics. Some of the neurosurgery devices are neuro-endoscopes, stereotactic systems, catheters, pacemakers, single- and dual-chamber defibrillators, and implantable cardioverter defibrillators among others, that are used in a variety of neurosurgical procedures. Neurosurgery aids in the diagnosis of patients who have brain tumors, spinal cord injuries brought by accidents, neck and back discomfort, and abnormal spinal fluid movement. Around 7 to 10 million people worldwide suffer from Parkinson's disease. Neurological illness is one of the main causes of morbidity and disability worldwide.
· In addition, a set of new factors, such as enhanced regulatory standards and an increasing incidence of neurological diseases, has led to an increase in the adoption of advanced treatment protocols and the assumption that such therapies will be available more widely. This has increased industry and government demand for zero deviations, which has driven the demand for neurosurgical services, and an increase in cross-industry alliances and collaborations is a major factor expected to boost the neurosurgery market. However, the higher costs involved in neuro endoscopy equipment and procedures, along with the lack of trained professionals, may restrain the market growth in the forecast period.
· Around 7 to 10 million people worldwide suffer from Parkinson's disease. Neurological illness is one of the main causes of morbidity and disability worldwide. During the forecast period, technological developments in neurosurgery are anticipated to drive the market. The rise in incidences and prevalence of neurological conditions within the population and the advantage of neurosurgery over other conventional surgeries are expected to boost the growth of the neurosurgery market across the globe. In addition, advances in neurological surgeries such as 3-dimension reconstruction for brain tumor surgery, X-knife radiosurgery for brain lesions, MRI for brain tumors, and surgery under local anesthesia for brain tumors are anticipated to provide lucrative opportunities for the growth of the neurosurgery market.
Global Neurosurgery Market Country Level Analysis
The countries covered in this market report are U.S., Canada, Mexico, Germany, France, U.K., Italy, Spain, Russia, Turkey, Belgium, Netherlands, Switzerland, and the rest of Europe, China, Japan, India, South Korea, Singapore, Thailand, Malaysia, Australia, Philippines, Indonesia, and rest of Asia-Pacific, U.A.E., Israel, South Africa, Saudi Arabia, Egypt, and rest of the Middle East and Africa, Brazil, Argentina, and the rest of South America.
Global Neurosurgery Market Share Analysis
The global neurosurgery market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in R&D, new market initiatives, production sites and facilities, company strengths and weaknesses, product launch, product trials pipelines, product approvals, patents, product width and breath, application dominance, technology lifeline curve. The above data points provided are only related to the company's focus on the global neurosurgery market.
Key player Global Neurosurgery Market
Some of the major players operating in the global neurosurgery market are Medtronic, Abbott, Boston Scientific Corporation or its affiliates, Elekta, ALEVA NEUROTHERAPEUTICS, Machida Endoscope Co., Ltd., Brainlab AG, adeor medical AG., LivaNova PLC, B. Braun SE, Optofine Instruments Pvt. Ltd., Wallaby Medical, Terumo Medical Corporation, NEVRO CORP., Integra LifeSciences, Stryker, Penumbra, Inc., KARL STORZ SE & Co. KG, Nalu Medical, Inc., Renishaw plc., Synapse Biomedical Inc., EMS Handels Gesellschaft mbH, Inomed Medizintechnik GmbH, BIOINDUCTION, ANT Neuro, Advantis Medical Imaging, and Leica Microsystems among others.
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MAJOR TOC OF THE REPORT
· Chapter One: Introduction
· Chapter Two: Market Segmentation
· Chapter Three: Market Overview
· Chapter Four: Executive Summary
· Chapter Five: Premium Insights
· Chapter Six: Global Neurosurgery Market Share by Product & Procedure type
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