openPR Logo
Press release

The Neurosurgery Market to get bolstered based on mixed reality-assisted surgery, reaching US$ 7.9 Bn

10-17-2022 08:00 PM CET | Health & Medicine

Press release from: Persistence Market Research

The global neurosurgery market accounted for US$ 4.9 Bn in 2021 and is set to expand at a CAGR of 4.5% over the forecast period (2022-2032).

With the rising geriatric population, a large section of this group is getting affected by various neurological disorders such as stroke, Parkinson's disease, brain tumors, epilepsy, brain injury, dementia, and multiple sclerosis. Increasing funding from governments and public healthcare agencies for the development of neurosurgical products to reduce the burden of neurological disorders on healthcare systems is also acting in favor of market growth. The availability of adequate funds will help researchers develop new treatments for neurological conditions.

The elderly population is more susceptible to stroke and hemorrhage as compared to the younger population.

As per the American Heart Association, the possibility of stroke is twofold among individuals above the age of 55 years.

Get Sample Copy of this Report@ https://www.persistencemarketresearch.com/samples/4790

Rising awareness about neurological disorders is also benefitting the neurosurgical products market. In several parts of the world, both governmental and non-governmental organizations are carrying out awareness programs for the early detection of neurological conditions.

Brain Awareness Week is organized between March 11 and March 17 every year in New Zealand. The drive includes updates and developments from neuroscientists and clinicians in the field of neurology.

In the U.S., the National Institute of Neurological Disorders and Stroke organizes a Know Stroke campaign each year to spread awareness about the symptoms of stroke and the available line of treatments.

The European Academy of Neurology (EAN) has conducted a research project concluding that more than half of the European population (approx. 60%) suffers from a neurological disease. In Europe, 10.5 million people are living with dementia, and the number is expected to increase to 18.7 million by 2050.

Manufacturers are focused on developing safe and effective surgical products with wide availability, and are thus expected to increase their respective market shares. Companies are also entering mergers and acquisitions to expand their market presence.

Key Takeaways from Market Study

Neuro-interventional devices held 60.8% market share by product in 2021.
By end user, hospitals are widely using neurosurgery products for surgeries, and the segment held a market share of 52.5% in 2021.
Around 37.1% of the global market share, by region, was accounted for by North America in 2021.
Germany accounted for 32.3% of the market share by value in Europe in 2021.

Request for Table of Content@ https://www.persistencemarketresearch.com/toc/4790

"Rising focus on product innovation and creating unique solutions with the help of funding will drive market growth over the coming years," says an analyst of Persistence Market Research.

Market Competition

Leading players are collaborating and acquiring manufacturers with a specific line of products to increase their offerings and also expand their global presence. This is having a positive impact on the neurosurgery market.

B. Braun and its start-up Neuroloop concluded a cooperation agreement in 2021 with the Merck Group in Darmstadt to bundle expertise in bioelectronics devices and increase innovative capacity in the dynamic field of functional neurosurgery.

In September 2018, Johnson & Johnson Medical GmbH acquired Emerging Implant Technologies GmbH to offer interbody spine implants.
In June 2022, Radboudumc and Terumo Europe N.V. signed a collaboration agreement for strengthening their product portfolio of neurosurgery offerings.

Access Full Report@ https://www.persistencemarketresearch.com/checkout/4790

Contact us:

Persistence Market Research
Address - 305 Broadway, 7th Floor, New York City,
NY 10007 United States
U.S. Ph. - +1-646-568-7751
USA-Canada Toll-free - +1 800-961-0353
Sales - sales@persistencemarketresearch.com

About us:

Persistence Market Research is here to provide companies a one-stop solution with regards to bettering customer experience. It does engage in gathering appropriate feedback after getting through personalized customer interactions for adding value to customers' experience by acting as the "missing" link between "customer relationships" and "business outcomes'. The best possible returns are assured therein.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release The Neurosurgery Market to get bolstered based on mixed reality-assisted surgery, reaching US$ 7.9 Bn here

News-ID: 2770291 • Views:

More Releases from Persistence Market Research

North America Wiring Devices Market Projected to Reach USD 26.46 Billion by 2031
North America Wiring Devices Market Projected to Reach USD 26.46 Billion by 2031
Overview of the North America Wiring Devices Market The North America wiring devices market is poised for steady growth over the forecast period, with its size estimated at US$ 18.96 billion in 2024, projected to reach US$ 26.46 billion by 2031, reflecting a CAGR of 4.9%. The market is witnessing substantial expansion due to increasing urbanization, a rising number of residential and commercial construction projects, and the adoption of energy-efficient and
Global Forged Automotive Components Market Poised for Steady Growth, Projected to Reach US$ 70.7 Billion by 2032
Global Forged Automotive Components Market Poised for Steady Growth, Projected t …
The global forged automotive components market is on a robust growth trajectory, currently valued at approximately US$ 50.3 billion in 2025 and forecasted to expand to US$ 70.7 billion by the end of 2032. This growth represents a compound annual growth rate (CAGR) of 5.0% over the coming decade, driven by increasing automotive production, technological advancements, and evolving consumer preferences toward durable, high-performance vehicle parts. Forged automotive components are critical to
Global Electric Cargo Bike Market Set to Accelerate at 11.9% CAGR, Reaching US$ 2.14 Billion by 2032, Reports Persistence Market Research
Global Electric Cargo Bike Market Set to Accelerate at 11.9% CAGR, Reaching US$ …
The global electric cargo bike market is set to experience substantial growth over the coming decade, with Persistence Market Research (PMR) forecasting a compound annual growth rate (CAGR) of 11.9% from 2023 through 2032. Valued at approximately US$ 800 million in 2021, the market is expected to surge to a projected valuation of US$ 2.14 billion by the end of 2032. Notably, electric cargo bikes accounted for 66.2% of the
Bicycle Bearings Market Set for Steady Growth with 6.5% CAGR Through 2032, Driven by Urbanization and Demographic Trends
Bicycle Bearings Market Set for Steady Growth with 6.5% CAGR Through 2032, Drive …
The global bicycle bearings market is poised for significant expansion over the forecast period of 2025 to 2032, according to the latest report released by Persistence Market Research. Valued at approximately US$ 5.99 billion in 2024, the market is projected to reach US$ 6.35 billion by 2025 and further escalate to nearly US$ 9.86 billion by 2032. This growth trajectory reflects a compound annual growth rate (CAGR) of 6.5%, underscoring

All 5 Releases


More Releases for Europe

2019 Strategy Consulting Market Analysis | McKinsey, The Boston Consulting Group …
Strategy Consulting Market reports also offer important insights which help the industry experts, product managers, CEOs, and business executives to draft their policies on various parameters including expansion, acquisition, and new product launch as well as analyzing and understanding the market trends Need for strategic planning in highly competitive environment and to develop business capabilities to meet & exceed the emerging requirements are the major drivers which help in surging
Strategy Consulting Market 2025 | Analysis By Top Key Players: Booz & Co. , Rola …
Global Strategy Consulting Market 2019-2025, has been prepared based on an in-depth market analysis with inputs from industry experts. This report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. The key players covered in this study McKinsey , The Boston Consulting Group , Bain & Company , Booz & Co. , Roland Berger Europe
Digital Strategy Consulting Market is Thriving Worldwide with Deloitte, McKinsey …
A Digital Strategy is a form of strategic management and a business answer or response to a digital question, often best addressed as part of an overall business strategy. A digital strategy is often characterized by the application of new technologies to existing business activity and focus on the enablement of new digital capabilities to their business. A new report as a Digital Strategy Consulting market that includes a comprehensive analysis
Strategy Consulting Market 2019: By McKinsey, The Boston Consulting Group, Bain …
This report studies the global Strategy Consulting market, analyzes and researches the Strategy Consulting development status and forecast in United States, EU, Japan, China, India and Southeast Asia. This report focuses on the top players in global market, like • McKinsey • The Boston Consulting Group • Bain & Company • Booz & Co. • Roland Berger Europe • Oliver Wyman Europe • A.T. Kearney Europe • Deloitte • Accenture Europe Get Sample Report@ https://www.reporthive.com/enquiry.php?id=1247388&req_type=smpl&utm_source=AB Market segment by Type, the product can be split into • Operations Consultants • Business Strategy Consultants • Investment Consultants • Sales and
Strategy Consulting Market Analysis 2018: McKinsey, The Boston Consulting Group, …
Orbis Research Present’s “Global Strategy Consulting Market” magnify the decision making potentiality and helps to create an effective counter strategies to gain competitive advantage. The global Strategy Consulting status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Strategy Consulting development in United States, Europe and China. In 2017, the global Strategy Consulting market size was million US$ and it is expected to reach million
Influenza Vaccination Market Global Forecast 2018-25 Estimated with Top Key Play …
UpMarketResearch published an exclusive report on “Influenza Vaccination market” delivering key insights and providing a competitive advantage to clients through a detailed report. The report contains 115 pages which highly exhibits on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing and profitability. This report focuses on the Influenza Vaccination market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This