Press release
Neurology Devices Market Size to Grow $19.25 Billion by 2030
The Neurology Devices Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.The global neurology devices market is expected to grow from $11.85 billion in 2020 to $13.38 billion in 2021 at a compound annual growth rate (CAGR) of 12.9%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $19.25 billion in 2025 at a CAGR of 10%.
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Top Leading Companies of Neurology Devices Market are Medtronic, Abbott Lab, B. BraunMelsungen AG, Stryker Corporation, LivaNova and others.
The neurology devices market consists of sales of neurology devices and related services by entities (organizations, sole traders and partnerships) that produce neurology devices to diagnose and treat neurological diseases. This market is segmented into cerebrospinal fluid management (CSF) devices and equipment; interventional neurology devices and equipment; neurosurgery devices and equipment; neurostimulation devices.
North America was the largest region in the global neurology devices market, accounting for 31% of the market in 2020. Asia Pacific was the second largest region accounting for 31% of the global neurology devices market. Africa was the smallest region in the global neurology devices market.
Investigator Observers Strong Growth in Specific Regions:
– Europe Market (Germany, UK, France, Russia, Italy)
– Center East and Africa Market (Saudi Arabia, UAE, Egypt, Nigeria, South Africa)
– South America Market (Brazil, Argentina, Colombia)
– North America Market (United States, Canada, Mexico)
– Asia Pacific Market (China, Japan, Korea, India, Southeast Asia).
The Latest Industry Data Included in this Report:
- Neurology Devices Market Size & Analysis (2016 - 2026)
- Market Share Analysis of Neurology Devices Market (%),2016 - 2026
- Neurology Devices Market Share, By Brand
- Neurology Devices Market Share, By Company
- Neurology Devices Market Assessment & Opportunity (Value),2016 - 2026
- Major Companies Neurology Devices Market Value Analysis & Forecast
- Promising Neurology Devices Development by Major Companies
- Detailed Neurology Devices Portfolio of the Major Companies
- Major Deals in the Neurology Devices Market
- Major Companies Analysis
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