The neurosurgery devices and equipment global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Neurosurgery Devices And Equipment Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The neurosurgery devices and equipment market size has grown rapidly in recent years. It will grow from $8.19 billion in 2023 to $9.26 billion in 2024 at a compound annual growth rate (CAGR) of 13.2%. The growth in the historic period can be attributed to increasing neurological disorders, aging population, interdisciplinary collaboration, surgical innovation.
The neurosurgery devices and equipment market size is expected to see rapid growth in the next few years. It will grow to $14.84 billion in 2028 at a compound annual growth rate (CAGR) of 12.5%. The growth in the forecast period can be attributed to minimally invasive procedures, emerging markets growth, regulatory support and reimbursement, telehealth and remote consultation. Major trends in the forecast period include robotic-assisted surgery, advanced imaging and navigation, personalized medicine, remote monitoring and post-procedure care.
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Scope Of Neurosurgery Devices And Equipment Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Neurosurgery Devices And Equipment Market Overview
Market Drivers –
The rise in neurological disorders is driving the neurosurgery devices market. A neurological disorder is caused due to the effect on the nervous system which includes the spinal cord, and brain. These disorders include epilepsy and Alzheimer’s. According to an article on US Pharmacist, out of the most common neurological disorders, stroke accounts for 51.3%, Alzheimer’s disease 21.4%, Epilepsy 11.6%, traumatic brain injury 6.8%, Parkinson’s disease 4.7%, and brain tumor 2.8%. Furthermore, 1.2 million people are frequently diagnosed with adult-onset brain disorders. An increase in these disorders is driving the growth of the neurosurgery devices and equipment market. According to the Alzheimer’s Association, millions of Americans have Alzheimer’s or other dementias. As the size and proportion of the U.S. population aged 65 and older continue to increase, the number of Americans with Alzheimer’s will grow from 6.2 million in 2021 to 13.8 million by 2060.
The neurosurgery devices and equipment market covered in this report is segmented –
1) By Device Type: Neuroendoscope, Stereotactic Systems, Aneurysm Clips, Neurostimulation Devices, Cerebrospinal Fluid Management Devices, Neurosurgical Evacuation Device, Neurosurgical Navigation Systems, Neurosurgery Surgical Power Tools, Others(Ultrasonic Aspirators, Surgical Instruments)
2) By Surgery Type: Intracranial Surgery, Endonasal Neurosurgery, Spinal Surgery
3) By End User: Hospitals, Ambulatory Surgical Centers
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Regional Insights –
North America was the largest region in the global neurosurgery devices and equipment market in 2023. Asia-Pacific was the second-largest region in the neurosurgery devices and equipment market. The regions covered in the neurosurgery devices and equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Key Companies –
Major companies operating in the neurosurgery devices and equipment market include Medtronic plc, Boston Scientific Corporation, Stryker Corporation, Conmed Corporation, Smith & Nephew plc, Integra LifeSciences, Olympus Corporation, Karl Storz GmbH & Co. KG, Richard Wolf GmbH, Johnson & Johnson Services Inc., B. Braun Melsungen AG, Terumo Corporation, Boiotronic Inc., Abbott Laboratories, DePuy Synthes Companies, BrainLAB AG, Zimmer Biomet Holdings Inc., GE Healthcare, NuVasive Inc., ArthroCare Corporation, Vycor Medical Inc., Penumbra Inc., Leica Camera, Carl Zeiss AG, Moller-wedel Optical GmbH, Synaptive Medical Inc., Mizuho OSI, Monteris Medical Inc., NeuroLogica Corporation, NeuroPoint Alliance (NPA), Neurosurgery Research and Education Foundation (NREF), AiM Medical Robotics, Inner Cosmos Inc., AcureX Therapeutics, Novadip Biosciences, Rebstock Instruments GmbH, AKTORmed GmbH
Table of Contents
1. Executive Summary
2. Neurosurgery Devices And Equipment Market Report Structure
3. Neurosurgery Devices And Equipment Market Trends And Strategies
4. Neurosurgery Devices And Equipment Market – Macro Economic Scenario
5. Global Neurosurgery Devices And Equipment Market Size and Growth
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31. Global Neurosurgery Devices And Equipment Market Competitive Benchmarking
32. Global Neurosurgery Devices And Equipment Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Neurosurgery Devices And Equipment Market
34. Neurosurgery Devices And Equipment Market Future Outlook and Potential Analysis
35. Appendix
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