Neurosurgery Device Market Sees an Outstanding Growth during 2019-2029| StraitsResearch

Neurosurgery Device Market Size 2019 Industry Share, Strategies, Growth Analysis, Regional Demand, Revenue, and 2026 Forecast Research Report:
A recent marketing research report added to the repository of 'Straits Research' is an in-depth analysis of the worldwide Neurosurgery Device Market. On the idea of historic growth analysis and current scenario of Neurosurgery Device marketplace, the report intends to supply actionable insights on Global market growth projections. Authenticated data presented within the report is predicated on findings of in-depth primary and secondary research. Insights are drawn from data function excellent tools that facilitate a deeper understanding of multiple aspects of the worldwide Neurosurgery Device market.

Neurosurgical instruments are used in surgical treatments of a variety of neurological conditions and disorders, including Parkinson's disease, Alzheimer's disease, traumatic brain injury, and severe spinal cord injuries. As reported by Neuro numbers in 2019, neurological disorders have one of the highest incidence rates in the world, with an estimate of 1 in 6 individuals expected to have one or more neurological conditions.

The surging incidence rate of neurological diseases in North America and European regions drive the market growth. As per the CDC, neurological disorders became the sixth leading cause of mortality in the U.S. An estimate by the Parkinson's Disease Foundation showed that every year approximately around 60,000 people are diagnosed with Parkinson's Disease in the U.S., and the number of cases has gone up by many folds with years.  Similarly, in Europe, the National Health Service U.K. has witnessed such conditions leading to the expense of approximately USD 4billion in the year 2017–2018 on people with severe neurological conditions.

Most frequently sold neurosurgery instruments include curettes, which are used for precise and delicate microsurgery, such as neurosurgery, dissectors. Apart from these, key players have also put forward huge innovations to put up a product portfolio that includes a wide variety of instruments suitable for a wide range of surgical procedures. A European company, Surgical Holdings, provides a product portfolio for all types of innovative neurosurgical instruments to perform safe and minimally invasive surgeries.

The neurosurgery device market was valued at USD 7,280 million in 2019 and is expected to grow with a CAGR of 13.2% during the forecast period.

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The Major Players Covered in this Report: Braun Melsungen (Germany), Nevro Corporation, Medtronic, Boston Scientific Corporation, KARL STORZ (Germany), Abbott, Merck Groups and Co., Ackermann Instrumente (Germany), Hawk (China), Machida Endoscope (Japan), & more....

By Product
Neuromodulation Devices
Internal Neuromodulation Devices
Spinal Cord Stimulation Devices
Deep Brain Stimulation Devices
External Neuromodulation Devices
Neuroendoscopy Devices

By Application
Spinal Cord Stimulation
Chronic Pain
Failed Back Surgery Syndrome
Ischemia
Deep Brain Stimulation
Parkinson's Disease
Tremor
Depression
Neuroendoscopy
Transnasal Neuroendoscopy
Intraventricular Neuroendoscopy
Transcranial Neuroendoscopy

By End-User
Hospitals
Clinics
Research Centers

Growing Domestic Demand and Expanding Pharmaceutical Sector to Drive the Demand for Neurosurgery Device in the APAC Region:
Asia-Pacific region is anticipated to hold the largest market share in the global Neurosurgery Device market during the forecast period 2019-2029. The growth in this region can be attributed to the presence of emerging economies like India, China, Japan, Vietnam, and Indonesia, which account for the largest share in this region. India is one of the largest producers of Neurosurgery Device and a major exporter of the product to various countries across the globe. India accounts for around 80% of the world’s exports of Neurosurgery Device. The favorable climatic conditions and growth of agricultural inputs and allied services like cold storage and warehousing in India are prompting higher production.

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https://straitsresearch.com/report/neurosurgery-device-market/

Recent Developments
In 2020, researchers from the University of Pittsburgh developed and succeeded in achieving a feat of using existing spinal cord stimulators that are used to treat chronic pain in order to produce a sense of touch in the missing limbs of amputees.

The U.S. based Boston Scientific Corporation launched new products, VercisePrimary Cell (P.C.) and Vercise Gevia Deep Brain Stimulation (DBS) Systems. These new systems, which were recently approved by the United States Food and Drug Administration (FDA), feature technology designed to allow physicians to treat the symptoms of Parkinson's disease (P.D.) using electrical stimulations through highly-personalized therapy.

Researchers at U.C. San Francisco using an electrocorticography (ECoG) implant developed a brain-computer interface that does not need to be recalibrated and retrained each time it is used, allowing an experienced user to begin from where he/she left using the system at any time. The technique is hypothesized to be useful in achieving human brain-controlled prosthetic limbs or wheelchairs for disabled people.

View this report with a detailed description and TOC @ https://straitsresearch.com/report/neurosurgery-device-market/toc

The report covers exhaustive analysis on:
Overview of the parent market
Global Neurosurgery Device Market Segments, Dynamics, Market Size, Share, Price, Volume, and Cost
Historical, current and projected market size in terms of volume and value
Global Neurosurgery Device Market Forecast 2019 to 2026
Supply & Demand Value Chain
Global Neurosurgery Device Market dynamics, including the current trends/drivers/threats/restraints/challenges
Potential and niche segments/regions exhibiting promising growth
Market landscape, competition, and leading companies involved
Strategies of leading companies and product offerings
Technological advancements

Key Questions Answered in the Report:
What is the current scenario of the Global Neurosurgery Device market? How is the market going to prosper throughout the forecast period?
What are the emerging technologies and related tools that are going to profit the market?
What is the current size of the Global Neurosurgery Device Market?
Which segments are the fastest growing and the largest in the market? What is their market potential?
What are the driving factors contributing to market growth during the short, medium, and long term?

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