Neuroendoscopy Market 2018 : Top 5 Vendors KARL STORZ, Schindler Endoskopie, Clarus Medical Ackermann Instrumente, and Machida Endoscope in the Neuroendoscopy Market Report From 2018 to 2023

Neuroendoscopy Market 2018 is latest market research report published by “Market Research Future”, which includes comprehensive information on Neuroendoscopy Market with historic and forecast data on Neuroendoscopy Market Industry Size, Share, Growth, Trends, And Key Company Analysis with Regional Outlook To 2023. Global Neuroendoscopy Market growing at CAGR of Over 5.2% from 2018 to 2023.

Global Neuroendoscopy Market Research Report is divided by Product (Rigid, Flexible Neuroendoscopes), by Application (Transnasal, Intraventricular, Transcranial Neuroendoscopy), by Usability (Reusable, Disposable), End-User (Hospitals) – Global Forecast Till 2023

Key Companies Analyzed In Report Are:

The key players for the global neuroendoscopy market are KARL STORZ (Germany), B. Braun (Germany), Ackermann Instrumente (Germany), Adeor Medical (Germany), Hangzhou Hawk Optical Electronic Instruments (China), Machida Endoscope (Japan), Tonglu Wanhe Medical Instrument (China), Schindler Endoskopie (Germany), Clarus Medical (U.S.), LocaMed (U.K), Visionsense Corporation (U.S.), Olympus Corporation (Japan), Zeiss International (Germany), Stryker (U.S.), Medtronic (U.S.), and others.

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Market Drivers and Restraints:

Neuroendoscopy is characterized as a minimally-invasive surgical procedure which is extensively utilized to remove tumors. The excision occurs via small holes present in the skull, i.e., through the mouth or nose. In neuroendoscopy procedures, a small telescopic device equipped with a high-resolution video camera and an eyepiece is used. This gives the neurosurgeons, an ability to navigate and effectively access the parts of the brain that could not be addressed by traditional surgery. Some of the other advantages of neuroendoscopy include fast recovery, minimal scarring, and others. The increasing prevalence of brain tumors is a major driver for the market growth. According to a study published by the Neuro-Oncology Journal in 2015, the global incidence rate for all types of brain tumors was estimated to be about 10.82 per 100 000 persons. Moreover, the increasing demand for minimally invasive surgical procedures, growing geriatric population, and favorable reimbursement policies are estimated to boost the market during the forecast period.

According to the National Institute of Health in 2016, the global geriatric population is estimated to be more than triple from 2015 to 2050, i.e., it is projected to grow from 126.5 in 2015 million and reach 446.6 million by 2050. However, a shortage of physicians and high cost for neuroendoscopy procedures and equipment are projected to restrain the market growth during the forecast period. The Association of American Medical Colleges in 2016 stated that the demand for physicians continued to grow at a higher rate, exceeding the supply. The projected total physician shortfall by 2025 is estimated to be in between 61,700 and 94,700. Global Neuroendoscopy Market is expected to grow at an approximate CAGR of 5.2% during the forecast period.

Market Segmentation:

The global neuroendoscopy market is segmented on the basis of product, application, usability, and end-user. On the basis of product, the market is segmented into rigid neuroendoscopes and flexible neuroendoscopes. The rigid neuroendoscopes segment is sub-segmented into rigid video scopes and rigid fiberscopes. On the basis of application, the market is categorized into transnasal neuroendoscopy, intraventricular neuroendoscopy, and transcranial neuro-endoscopy. On the basis of usability, the market is segmented into reusable neuroendoscopes and disposable neuroendoscopes. On the basis of end-users, the market is segmented into hospitals, clinics, medical research centers, and others.

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Regional Analysis:
The Americas dominates the global neuroendoscopy market owing to the increasing prevalence of brain tumors, rising demand for minimally invasive therapeutic procedures, the presence of a well-developed healthcare sector, growing geriatric population, and huge health care expenditures. Moreover, the presence of key players such as Stryker and Medtronic, besides others boost the market growth.

Europe is second in the global neuroendoscopy market. This can be due to the increasing demand for minimally invasive surgeries, rising availability of funds for research and development, and a huge patient population.

Asia Pacific stands third in the global neuroendoscopy market. Asia Pacific is projected to be the fastest growing region in the global market owing to the presence of developing economies, growing patient population, developing healthcare sector, and increasing per capita healthcare expenditures. Additionally, favorable government policies support the market growth. The Middle East and Africa holds the least share in the market due to the presence of poor economies, stringent government policies, lack of awareness, low per capita income and poor availability of the healthcare services, especially within the African region.

The Middle East holds a majority of the market within the Middle East and Africa due to the presence of a well-developed healthcare sector and huge healthcare expenditure.

LIST OF TABLES:

Table 1 Neuroendoscopy Industry Synopsis, 2017–2023
Table 2 Global Neuroendoscopy Market Estimates & Forecast, 2017–2023, (USD Million)
Table 3 Global Neuroendoscopy Market, By Region, 2017–2023, (USD Million)
Table 4 Global Neuroendoscopy Market, By Product, 2017–2023, (USD Million)
Table 5 Global Neuroendoscopy Market, By Application, 2017–2023, (USD Million)
Table 6 Global Neuroendoscopy Market, By Usability, 2017–2023, (USD Million)
Table 7 Global Neuroendoscopy Market, By End-User, 2017–2023, (USD Million)
Table 8 North America Neuroendoscopy Market, By Product, 2017–2023, (USD Million)
Table 9 North America Neuroendoscopy Market, By Application, 2017–2023, (USD Million)
Table 10 North America Neuroendoscopy Market, By Usability, 2017–2023, (USD Million)

LIST OF FIGURES:

Figure 1 Research Process
Figure 2 Segmentation For Global Neuroendoscopy Market
Figure 3 Market Dynamics For Global Neuroendoscopy Market
Figure 4 Global Neuroendoscopy Market Share, By Product 2016
Figure 5 Global Neuroendoscopy Market Share, By Application 2016
Figure 6 Global Neuroendoscopy Market Share, By Usability, 2016
Figure 7 Global Neuroendoscopy Market Share, By End-User, 2016
Figure 8 Global Neuroendoscopy Market Share, By Region, 2016
Figure 9 North America Neuroendoscopy Market Share, By Country, 2016
Figure 10 Europe Neuroendoscopy Market Share, By Country, 2016

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