Press release
Neuromicroscopy Market to See Incredible Growth During 2017 - 2025
Key companies operating in the global neuromicroscopy market are GE Healthcare Inc., Carl Zeiss Meditec AG, Danaher Corporation, Siemens AG, Hitachi Ltd, Koninklijke Philips N.V., Haag-Streit AG, Pridex Medicare Pvt. Ltd., and Synaptive Medical Inc. Growing number of firms and increasing investment in research and development by the key players is leading to the intense competition. Hence, companies are focusing on developing new products in order to stay in the competition.
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Global Neuromicroscopy Market to Witness Steady Growth during the Forecast Period 2017-2026
According to the report by Transparency Market Research (TMR), the global neuromicroscopy market is expected to witness steady growth. The market is projected to register 5.5% CAGR during the forecast period 2017-2026. By the end of 2026, the global neuromicroscopy market is projected to reach US$ 99.7 million revenue.
The global neuromicroscopy market is segmented on the basis of product type, modality, and end user. On the basis of product type, the market segment consists of softwares, devices, and services. Among these, devices are expected to emerge as the most preferred product in the global neuromicroscopy market during the forecast period 2017-2026. Based on the modality, the market is segmented into portable devices and standalone devices. Standalone devices are expected to account for highest revenue share. In terms of the end-user, the segment consists of ambulatory surgical centers, hospitals, and specialty clinics. Hospitals are expected to emerge as one of the largest users in the global neuromicroscopy market during the forecast period 2017-2026.
Region-wise, the global neuromicroscopy market is segmented into Europe, North America, Asia Pacific Excluding Japan (APEJ), Japan, Latin America, and the Middle East and Africa (MEA). Among these, Europe is expected to dominate the global neuromicroscopy market throughout the forecast period 2017-2026. Increasing number of research projects being conducted by universities is driving the market growth. Increasing number of neuro and spine surgeries is also leading to the development of advanced surgical microscopes. This is also resulting in the market growth in the region.
Manufacturers Focusing on Developing Advanced Microscopes
Biomedical engineers and researchers are focusing on introducing new technologies in neuromicroscopy. Better imaging technology can make it easy for surgeons to conduct a successful surgery. For instance, advanced laser-based microscopic technology can help neurosurgeons to identify tumor tissue and help in resolving long-term issues in cancer surgery that needs faster and more effective method. Companies are also moving towards integrating virtual reality in microscope imaging system to help during neurosurgery. Improving conceptual understanding of complex neuro system, advanced neuroimaging technologies are also being developed. Manufacturers are developing new products and are also providing advanced 3D visualization technology to help surgeons plan and understand the surgical approach.
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Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.
Each TMR syndicated research report covers a different sector - such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR’s syndicated reports strive to provide clients to serve their overall research requirement.
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