Press release
Neurosurgery Market Growing at Eminent CAGR of 14.2% by 2029
Neurosurgery market underlines the market size, regional changing trends, emerging new prospects for market growth rate and production value estimation to 2029. This industry report is a great resource which provides current and upcoming technical and financial details of the industry. This business research report is a careful investigation of current scenario of the market and future estimations which covers several market dynamics. The report serves the analysis of the global market share, segmentation, revenue growth estimation and geographic regions of the market. The winning Neurosurgery market report provides top to bottom analysis and estimation of various market related factors that plays a key role in better decision making.Comprehensive and all-inclusive market study performed in the significant Neurosurgery report offers current and forthcoming opportunities to shed light on the future market investment. Also, with the systematic and wide-ranging market research study, this business report provides the facts associated with any subject in the field of marketing for healthcare industry. The meticulous competitor analysis covered in this report aids businesses to gauge or analyse the strengths and weak points of the competitors which helps build superior business strategies for their own product. Neurosurgery market report helps define commerce strategies to the businesses of small, medium as well as large size.
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Key Market Players mentioned in this report:
Medtronic, Abbott, Boston Scientific Corporation or its affiliates, Elekta, ALEVA NEUROTHERAPEUTICS, Machida Endoscope Co., Ltd., Brainlab AG, adeor medical AG., LivaNova PLC, B. Braun SE, Optofine Instruments Pvt. Ltd
Key Market Analysis and Insights:
Technological innovation within healthcare may be defined as the introduction of a new technology that initiates a change in clinical practice. Neurosurgery is a particularly technologically intensive surgical discipline, and new technologies have preceded many of the major advances in operative neurosurgical techniques. The present focus is on developing minimally-invasive devices that could decrease the probability of complications during operative sessions. With the introduction of minimally-invasive techniques, doctors are using highly specialized surgical instruments such as power tools, neurovascular embolization devices, and radiosurgery systems such as gamma-knife.
In addition, a set of new factors, such as enhanced regulatory standards and an increasing incidence of neurological diseases, has led to an increase in the adoption of advanced treatment protocols and the assumption that such therapies will be available more widely. This has increased industry and government demand for zero deviations, which has driven the demand for neurosurgical services, and an increase in cross-industry alliances and collaborations is a major factor expected to boost the neurosurgery market. However, the higher costs involved in neuro endoscopy equipment and procedures, along with the lack of trained professionals, may restrain the market growth in the forecast period.
Data Bridge Market Research analyzes that the global neurosurgery market is expected to reach the value of USD 20,679.72 million by 2029, at a CAGR of 14.2% during the forecast period. "Product type" accounts for the largest type segment in the market due to the increasing patient population globally. This market report also covers pricing analysis, patent analysis, and technological advancements in depth.
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Recent Developments
In March 2022, Medtronic, a leader in healthcare technology, announced their first patient implants in the TITAN 2 pivotal study that evaluated the safety and efficacy of Medtronic's investigational implantable tibial neuromodulation (TNM) device in people with overactive bladder (OAB). Implantable TNM has the potential to give relief to millions who suffer from bladder incontinence through a new approach that provides greater convenience and more options for physicians and patients. This will help the company to evaluate the safety and efficacy of its products
In April 2022, Abbott announced that it had launched an upgraded version of its NeuroSphere myPath digital health app with enhanced functionality that will help doctors more closely track their patients as they trial Abbott neurostimulation devices to address their chronic pain. This upgrade is part of Abbott's commitment to connected care technology and is intended to put people in control of their health and facilitate better communication with their doctors. This has helped the company to enhance its product use by launching the app
In April 2022, Boston Scientific Corporation or its affiliates announced it had received U.S. Food and Drug Administration (FDA) approval for its latest image-guided programming software, Vercise Neural Navigator, with STIMVIEW XT. Developed in collaboration with Brainlab AG, a leading software-driven medical technology company. This has helped the company to expand its product portfolio
In October 2020, Accuray Incorporated announced a collaboration with Brainlab AG, a market leader in digital surgery and precision radiotherapy that will enhance and expand the Accuray CyberKnife treatment platform for the neuro-radiosurgery market. Both companies are partnering to provide the neuro-radiosurgery community with access to Brainlab Elements planning software, which will provide contouring capabilities optimized for neurosurgeons. This has helped the company to expand its business
Global Neurosurgery Market Scope and Market Size
The global neurosurgery market is segmented into product type, application, age group, end user, and distribution channel. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
By Product Type
Neurosurgery devices
Neurosurgery software
Consumables
By Application
Aneurysms
Arteriovenous malformation (AVM)
Brain tumors
Carotid artery blockage/stenosis
Cerebrovascular surgery
Cortical mapping
Epilepsy
Functional neurosurgery
Intraoperative angiography
Parkinson's disease and tremors
Peripheral nerve surgery
Pituitary tumors
Radiosurgery
Skull base surgery
Spine surgery
Stereotactic neurosurgery
Trauma surgery
Trigeminal neuralgia
Others
By Age Group
Pediatric
Adult
Geriatric
By End User
Hospitals
Research centers
Neurosurgery centers
Ambulatory surgical centers (ASCS)
Others
By Distribution Channel
Direct tender
Third party distributors
Others
Neurosurgery Market, By Region:
Global Neurosurgery market is analyzed and market size insights and trends are provided by country, product as referenced above.
The countries covered in the Neurosurgery market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the Neurosurgery market because of the rise in the cases of arrhythmic diseases, favorable reimbursement policies for patients, high demand for advanced treatment methods and developed healthcare infrastructure in the region. Asia-Pacific is estimated to grow in the forecast period due to the high prevalence of cardiovascular diseases, increase in adoption of advanced digital devices, large population and launch of new innovative products.
What are the market opportunities, market risks, and market overviews of the Neurosurgery Market?
Who are the distributors, traders, and merchants in the Neurosurgery Market?
What is the analysis of sales, income, and prices of the leading manufacturers in the Neurosurgery Market?
What are the Neurosurgery market opportunities and threats faced by the global Neurosurgery Market vendors?
What are the main factors driving the worldwide Neurosurgery Industry?
What are the Top Players in Neurosurgery industry?
What is the analysis of sales, income, and prices by type, application of the Neurosurgery market?
What is regional sales, income, and price analysis for Neurosurgery Market?
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Key points covered in the report:
The pivotal aspect considered in the global Neurosurgery market report consists of the major competitors functioning in the global market.
The report includes profiles of companies with prominent positions in the global market.
The sales, corporate strategies and technical capabilities of key manufacturers are also mentioned in the report.
The driving factors for the growth of the global Neurosurgery market are thoroughly explained along with in-depth descriptions of the industry end users.
The report also elucidates important application segments of the global market to readers/users.
This report performs a SWOT analysis of the market. In the final section, the report recalls the sentiments and perspectives of industry-prepared and trained experts. The experts also evaluate the export/import policies that might propel the growth of the Global Neurosurgery Market.
The Global Neurosurgery Market report provides valuable information for policymakers, investors, stakeholders, service providers, producers, suppliers, and organizations operating in the industry and looking to purchase this research document.
Table of Contents: Global Neurosurgery Market
1 Introduction
2 Market Segmentation
3 Executive Summary
4 Premium Insight
5 Market Overview
6 Covid-19 Impact on Neurosurgery in Healthcare Industry
7 Global Neurosurgery Market, by Product Type
8 Global Neurosurgery Market, by Modality
9 Global Neurosurgery Market, by Type
10 Global Neurosurgery Market, by Mode
11 Global Neurosurgery Market, by End User
12 Global Neurosurgery Market, by Geography
13 Global Neurosurgery Market, Company Landscape
14 Swot Analysis
15 Company Profiles
16 Questionnaire
17 Related Reports
Check Complete Table of Contents with List of Table and Figures @ https://www.databridgemarketresearch.com/toc/?dbmr=global-neurosurgery-market
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