A Deep Dive into Neurosurgery Devices And Equipment Market 2025: Key Drivers, Growth Factors, and Projections 2025-2034

What Are the Market Size and Growth Forecast for the Neurosurgery Devices And Equipment Market?
The market size for neurosurgery devices and equipment has seen a swift expansion in recent times. It is projected to surge from $8.61 billion in 2024 to $9.9 billion in 2025, marking a 15.0% compound annual growth rate (CAGR). Factors contributing to the growth observed in the historic period include a rise in neurological disorders, an aging population, interdisciplinary cooperation, and surgical innovation.

In the coming years, the neurosurgery devices and equipment market is projected to witness a quick expansion. The market size is forecasted to reach $16.97 billion by the year 2029, growing at a compound annual growth rate (CAGR) of 14.4%. This significant ascent during the estimated period can be credited to the minimally invasive surgeries, growth in emerging markets, regulatory backing and reimbursements, as well as telehealth and remote consultation. The key trends projected during the forecast period encapsulate robotic-assisted surgical procedures, sophisticated imaging and navigation systems, personalized healthcare, and monitoring and care post-surgery.

What Is Contributing to the Growth of the Neurosurgery Devices And Equipment Market?
The neurosurgery devices market is seeing significant growth, propelled by the increasing number of neurological disorders. These disorders, which affect the nervous system - including the brain and spinal cord - encompass conditions such as epilepsy and Alzheimer's. A US Pharmacist article outlined that out of the most commonly occurring neurological disorders, stroke occurs in 51.3%, Alzheimer's disease in 21.4%, epilepsy in 11.6%, traumatic brain injuries in 6.8%, Parkinson's disease in 4.7%, and brain tumors in 2.8%. Further to this, 1.2 million individuals are frequently diagnosed with brain disorders that first appear in adulthood. This surge in these disorders is fuelling the expansion of the market for neurosurgery devices and equipment. Data from the Alzheimer's Association shows that countless Americans are living with Alzheimer's or other forms of dementia. As the U.S. population ages over 65 continues to expand, so too will the number of Americans with Alzheimer's, projected to reach 13.8 million by 2060.

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Which Key Market Leaders Are Driving Neurosurgery Devices And Equipment Industry Growth?
Major companies operating in the neurosurgery devices and equipment market include Medtronic plc, Boston Scientific Corporation, Stryker Corporation, Conmed Corporation, Smith & Nephew plc, Integra LifeSciences, Olympus Corporation, Karl Storz GmbH & Co. KG, Richard Wolf GmbH, Johnson & Johnson Services Inc., B. Braun Melsungen AG, Terumo Corporation, Boiotronic Inc., Abbott Laboratories, DePuy Synthes Companies, BrainLAB AG, Zimmer Biomet Holdings Inc., GE Healthcare, NuVasive Inc., ArthroCare Corporation, Vycor Medical Inc., Penumbra Inc., Leica Camera, Carl Zeiss AG, Moller-wedel Optical GmbH, Synaptive Medical Inc., Mizuho OSI, Monteris Medical Inc., NeuroLogica Corporation, NeuroPoint Alliance (NPA), Neurosurgery Research and Education Foundation (NREF), AiM Medical Robotics, Inner Cosmos Inc., AcureX Therapeutics, Novadip Biosciences, Rebstock Instruments GmbH, AKTORmed GmbH

What Are the Emerging Trends in the Neurosurgery Devices And Equipment Industry?
Neurosurgery is witnessing a shift towards adopting minimally invasive surgical techniques and procedures, as they lead to less discomfort than traditional open surgeries, faster recovery durations, lesser scarring, amplified surgeon agility, and decreased costs of equipment. Neuroendoscopy, a less invasive neurosurgical operation implemented via neurosurgery devices, is employed in fixing hydrocephalus, eliminating tumors, addressing vascular illness, and attending to other issues. Producers of neurosurgery devices are prioritizing innovation and technology incorporation for superior endoscope-assisted neurosurgery, guaranteeing efficient minimal invasive operations, clinical improvements, and cutting-edge technological innovations. For example, entities like hospitals and ambulatory surgical centers are utilizing smartphones alongside endoscopes to carry out secure and effective endoscope-assisted neurosurgery. New York-Presbyterian Hospital/Columbia University Medical Center, for instance, favours minimally invasive neurosurgeries over open surgeries using specialized tools and technologies like camera-assisted endoscope, high-powered operating microscope and a computer-guided navigation system to manage ailments in both adults and children.

What Are the Main Segments in the Neurosurgery Devices And Equipment Market?
The neurosurgery devices and equipment market covered in this report is segmented -

1) By Device Type: Neuroendoscope, Stereotactic Systems, Aneurysm Clips, Neurostimulation Devices, Cerebrospinal Fluid Management Devices, Neurosurgical Evacuation Device, Neurosurgical Navigation Systems, Neurosurgery Surgical Power Tools, Others(Ultrasonic Aspirators, Surgical Instruments)
2) By Surgery Type: Intracranial Surgery, Endonasal Neurosurgery, Spinal Surgery
3) By End User: Hospitals, Ambulatory Surgical Centers

Subsegments:
1) By Neuroendoscope: Rigid Neuroendoscopes, Flexible Neuroendoscopes
2) By Stereotactic Systems: Frame-based Systems, Frameless Systems
3) By Aneurysm Clips: Titanium Aneurysm Clips, Stainless Steel Aneurysm Clips
4) By Neurostimulation Devices: Spinal Cord Stimulation (SCS) Devices, Deep Brain Stimulation (DBS) Devices, Vagus Nerve Stimulation (VNS) Devices, Sacral Nerve Stimulation (SNS) Devices
5) By Cerebrospinal Fluid (CSF) Management Devices: Shunts, Drainage Systems
6) By Neurosurgical Evacuation Devices: Hematoma Evacuation Devices, Suction Evacuation Systems
7) By Neurosurgical Navigation Systems: Optical Navigation Systems, Electromagnetic Navigation Systems, Hybrid Navigation Systems
8) By Neurosurgery Surgical Power Tools: Drills, Saws, Shavers
9) By Others: Ultrasonic Aspirators, Surgical Instruments (Forceps, Scalpels, Scissors)

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Which Geographic Area Leads the Neurosurgery Devices And Equipment Market?
North America was the largest region in the global neurosurgery devices and equipment market in 2023. Asia-Pacific was the second-largest region in the neurosurgery devices and equipment market. The regions covered in the neurosurgery devices and equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

What Is Covered In The Neurosurgery Devices And Equipment Global Market Report?

- Market Size Analysis: Analyze the Neurosurgery Devices And Equipment Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Neurosurgery Devices And Equipment Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Neurosurgery Devices And Equipment Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Neurosurgery Devices And Equipment Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.

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