Exploring the Evolving Landscape of Neurology Devices: Trends, Challenges, and Opportunities

The neurology devices market refers to the medical devices and equipment used to diagnose, treat, and monitor neurological disorders. These devices include imaging systems, neurostimulation devices, neurosurgery devices, and others. The market for these devices has been growing steadily in recent years, driven by the increasing prevalence of neurological disorders and advancements in technology.

According to a report by Allied Market Research, the 𝐧𝐞𝐮𝐫𝐨𝐥𝐨𝐠𝐲 𝐝𝐞𝐯𝐢𝐜𝐞𝐬 𝐦𝐚𝐫𝐤𝐞𝐭 𝐰𝐚𝐬 𝐯𝐚𝐥𝐮𝐞𝐝 𝐚𝐭 $12.6 𝐛𝐢𝐥𝐥𝐢𝐨𝐧 𝐢𝐧 2021, 𝐚𝐧𝐝 𝐢𝐬 𝐩𝐫𝐨𝐣𝐞𝐜𝐭𝐞𝐝 𝐭𝐨 𝐫𝐞𝐚𝐜𝐡 $27.2 𝐛𝐢𝐥𝐥𝐢𝐨𝐧 𝐛𝐲 2031, 𝐠𝐫𝐨𝐰𝐢𝐧𝐠 𝐚𝐭 𝐚 𝐜𝐨𝐦𝐩𝐨𝐮𝐧𝐝 𝐚𝐧𝐧𝐮𝐚𝐥 𝐠𝐫𝐨𝐰𝐭𝐡 𝐫𝐚𝐭𝐞 (𝐂𝐀𝐆𝐑) 𝐨𝐟 8.1% 𝐟𝐫𝐨𝐦 2022 𝐭𝐨 2031. This growth is expected to be driven by several factors, including the increasing incidence of neurological disorders such as Alzheimer's disease, Parkinson's disease, and epilepsy, as well as the growing demand for minimally invasive procedures.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐏𝐃𝐅 𝐁𝐫𝐨𝐜𝐡𝐮𝐫𝐞 𝐚𝐭: https://www.alliedmarketresearch.com/request-sample/6321

The report also notes that the neurostimulation devices segment is expected to grow at the highest CAGR during the forecast period, due to the increasing demand for neuromodulation therapies for chronic pain management, movement disorders, and psychiatric disorders. Additionally, the neurosurgery devices segment is also expected to see significant growth, driven by advancements in surgical techniques and the increasing use of robotics in neurosurgery.

Geographically, the report notes that North America is expected to account for the largest share of the neurology devices market in 2021, due to the presence of well-established healthcare infrastructure, increasing prevalence of neurological disorders, and high adoption of technologically advanced devices. However, the Asia Pacific region is expected to grow at the highest CAGR during the forecast period, driven by the increasing healthcare expenditure, growing patient population, and improving healthcare infrastructure in countries such as China and India.

𝐂𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐨𝐧 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬

𝐂𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐯𝐞 𝐚𝐧𝐚𝐥𝐲𝐬𝐢𝐬 𝐚𝐧𝐝 𝐩𝐫𝐨𝐟𝐢𝐥𝐞𝐬 𝐨𝐟 𝐭𝐡𝐞 𝐦𝐚𝐣𝐨𝐫 𝐩𝐥𝐚𝐲𝐞𝐫𝐬 𝐢𝐧 𝐭𝐡𝐞 𝐧𝐞𝐮𝐫𝐨𝐥𝐨𝐠𝐲 𝐝𝐞𝐯𝐢𝐜𝐞 𝐦𝐚𝐫𝐤𝐞𝐭, 𝐬𝐮𝐜𝐡 𝐚𝐬

1. Integra Lifesciences
2. B.Braun SE
3. Medtronic plc
4. Natus Medical
5. Stryker
6. Boston Scientific
7. Abbott Laboratories
8. LivaNova PLC
9. Zimmer Biomet Holding

𝐈𝐧𝐪𝐮𝐢𝐫𝐲 𝐁𝐞𝐟𝐨𝐫𝐞 𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞: https://www.alliedmarketresearch.com/purchase-enquiry/6321

 𝐍𝐞𝐮𝐫𝐨𝐥𝐨𝐠𝐲 𝐃𝐞𝐯𝐢𝐜𝐞𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐩𝐨𝐫𝐭 𝐇𝐢𝐠𝐡𝐥𝐢𝐠𝐡𝐭𝐬

𝐏𝐫𝐨𝐝𝐮𝐜𝐭:
Neurostimulation Devices: These devices are used to stimulate or modulate the activity of the nervous system for therapeutic purposes. They include spinal cord stimulators, deep brain stimulators, sacral nerve stimulators, vagus nerve stimulators, and others.

Neurosurgery Devices: These devices are used in surgical procedures that involve the nervous system. They include neuroendoscopy, neurosurgery navigations, and others.
Interventional Neurology Devices: These devices are used to treat conditions of the nervous system through minimally invasive procedures. They include embolization devices, revascularization devices, thrombectomy devices, embolic protection devices, and accessory devices.
Cerebrospinal fluid management devices: These devices are used to manage the flow and pressure of cerebrospinal fluid in the brain and spinal cord. They include CSF shunts, external drainage systems, and others.

𝐃𝐞𝐯𝐢𝐜𝐞 𝐓𝐲𝐩𝐞:
Each of the above-mentioned product categories have different device types as mentioned above. For instance, spinal cord stimulators, deep brain stimulators, sacral nerve stimulators, vagus nerve stimulators, and others are all types of neurostimulation devices.

𝐄𝐧𝐝 𝐔𝐬𝐞𝐫:
Neurology devices are used by various end-users such as hospitals, ambulatory surgery centers, and others.

𝐓𝐡𝐞 𝐧𝐞𝐮𝐫𝐨𝐥𝐨𝐠𝐲 𝐝𝐞𝐯𝐢𝐜𝐞𝐬 𝐦𝐚𝐫𝐤𝐞𝐭 𝐢𝐬 𝐬𝐞𝐠𝐦𝐞𝐧𝐭𝐞𝐝 𝐛𝐲 𝐠𝐞𝐨𝐠𝐫𝐚𝐩𝐡𝐲 𝐢𝐧𝐭𝐨 𝐟𝐨𝐮𝐫 𝐫𝐞𝐠𝐢𝐨𝐧𝐬: 𝐍𝐨𝐫𝐭𝐡 𝐀𝐦𝐞𝐫𝐢𝐜𝐚, 𝐄𝐮𝐫𝐨𝐩𝐞, 𝐀𝐬𝐢𝐚-𝐏𝐚𝐜𝐢𝐟𝐢𝐜, 𝐚𝐧𝐝 𝐋𝐀𝐌𝐄𝐀.

𝐍𝐨𝐫𝐭𝐡 𝐀𝐦𝐞𝐫𝐢𝐜𝐚:
The North America region comprises the United States, Canada, and Mexico. The region is expected to account for the largest share of the neurology devices market in 2021 due to the presence of well-established healthcare infrastructure, increasing prevalence of neurological disorders, and high adoption of technologically advanced devices. Additionally, factors such as increasing R&D activities and growing investments by key players in the region are expected to drive the market growth.

𝐄𝐮𝐫𝐨𝐩𝐞:
The Europe region includes countries such as Germany, France, the United Kingdom, Italy, Spain, and the rest of Europe. The region is expected to see significant growth in the neurology devices market due to the increasing prevalence of neurological disorders, rising healthcare expenditure, and growing demand for minimally invasive procedures. Additionally, increasing government initiatives and the presence of key players in the region are expected to drive the market growth.

𝐀𝐬𝐢𝐚-𝐏𝐚𝐜𝐢𝐟𝐢𝐜:
The Asia-Pacific region includes countries such as China, Japan, India, Australia, South Korea, and the rest of Asia-Pacific. The region is expected to grow at the highest CAGR during the forecast period, driven by the increasing healthcare expenditure, growing patient population, and improving healthcare infrastructure in countries such as China and India. Additionally, the increasing adoption of technologically advanced devices and growing investments by key players in the region are expected to drive the market growth.

𝐋𝐀𝐌𝐄𝐀:
The LAMEA region includes countries such as Brazil, Saudi Arabia, South Africa, and the rest of LAMEA. The region is expected to see significant growth in the neurology devices market due to the increasing incidence of neurological disorders, rising healthcare expenditure, and growing demand for minimally invasive procedures. Additionally, the increasing adoption of technologically advanced devices and growing investments by key players in the region are expected to drive the market growth.

𝐁𝐮𝐲 𝐏𝐫𝐞𝐦𝐢𝐮𝐦 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐍𝐞𝐮𝐫𝐨𝐥𝐨𝐠𝐲 𝐃𝐞𝐯𝐢𝐜𝐞𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐆𝐫𝐨𝐰𝐭𝐡 𝐑𝐞𝐩𝐨𝐫𝐭 𝐚𝐭: https://www.alliedmarketresearch.com/neurology-devices-market/purchase-options

𝐅𝐑𝐄𝐐𝐔𝐄𝐍𝐓𝐋𝐘 𝐀𝐒𝐊𝐄𝐃 𝐐𝐔𝐄𝐒𝐓𝐈𝐎𝐍𝐒?

1. What is the current market value of the neurology devices market?
2. What factors are driving the growth of the neurology devices market?
3. What are the different types of neurostimulation devices available in the market?
4. How are neurosurgery devices used in surgical procedures?
5. What are the different types of interventional neurology devices available in the market?
6. What is the role of cerebrospinal fluid management devices in managing neurological disorders?
7. Which end-users are driving the demand for neurology devices?
8. Which region is expected to account for the largest share of the neurology devices market?
9. What is the expected CAGR for the neurology devices market between 2022 and 2031?
10. What are some of the challenges faced by key players in the neurology devices market?
11. How is technology shaping the future of the neurology devices market?
12. What are some of the recent innovations in neurology devices?
13. What is the impact of COVID-19 on the neurology devices market?
14. What is the market share of different types of neurostimulation devices?
15. How are neurology devices used in the treatment of Parkinson's disease?
16. What are the different types of embolization devices used in interventional neurology?
17. What are the different types of thrombectomy devices available in the market?
18. How is the neurology devices market regulated by governing bodies?
19. Who are some of the key players in the neurology devices market?
20. How is the neurology devices market expected to evolve in the coming years?

𝐁𝐫𝐨𝐰𝐬𝐞 𝐨𝐭𝐡𝐞𝐫 𝐫𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐩𝐮𝐛𝐥𝐢𝐬𝐡𝐞𝐝 𝐛𝐲 𝐀𝐥𝐥𝐢𝐞𝐝 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡:

• Womens Health Diagnostics Market https://www.alliedmarketresearch.com/womens-health-diagnostics-market

• Minimally Invasive Glaucoma Surgery (MIGS) Devices Market https://www.alliedmarketresearch.com/minimally-invasive-slaucoma-surgery-MIGS-devices-market

• Amniotic Membrane Market https://www.alliedmarketresearch.com/amniotic-membrane-market

• Hormonal Contraceptive Market https://www.alliedmarketresearch.com/hormonal-contraceptive-market

• Digital Wound Measurement Devices Market https://www.alliedmarketresearch.com/digital-wound-measurement-devices-market

• Refurbished DNA Sequencing Platforms Market https://www.alliedmarketresearch.com/refurbished-dna-sequencing-platforms-market

• EMEA, NA, Japan, and China Endoscopy Devices Market https://www.alliedmarketresearch.com/EMEA-NA-japan-and-china-endoscopy-devices-market

• U.S. Next Generation Diabetes Therapy and Drug Delivery Market https://www.alliedmarketresearch.com/U-S-next-generation-diabetes-therapy-and-drug-delivery-market

• Smart Pills Technology Market https://www.alliedmarketresearch.com/smart-pills-technology-market

Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free):
+1-800-792-5285, +1-503-894-6022
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com
Web: www.alliedmarketresearch.com
Allied Market Research Blog: https://blog.alliedmarketresearch.com

About Us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

This release was published on openPR.