Lewes, DE -- (SBWire) -- 02/16/2017 --Report forecast the global neurosurgery market to grow at a CAGR of 9.42% during the period 2016-2020.
Neurosurgery is a complex surgical procedure, which involves diagnosis, treatment, and therapy of individuals with neurological disorders. Some of the common neurosurgeries are endovascular neurosurgery, craniotomy stereotactic neurosurgery, neuro-endoscopy, and oncological neurosurgery. The surgeries are performed through MI techniques and new conventional ways to treat neurological disorders, tumors, trauma, and injuries. The devices used to perform neurosurgeries are called neurosurgical devices.
The report covers the present scenario and the growth prospects of the global neurosurgery market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales neurosurgery devices.
The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA
According to the report, one of the major drivers for this market is advances in technology. Advances in technology for neurosurgeries have driven the market growth over the past decade. Advances in neurosurgical navigation, neurostimulation, and endovascular aortic repair have resulted in improving clinical accuracy, enabling less invasive treatments. The research is in progress with many of the neurostimulation devices to increases the efficiency of neurostimulation devices and develop innovative products.
Further, the report states that one of the major factors hindering the growth of this market is high cost of devices/equipment. Neuromodulation devices, surgical navigation systems, neurointerventional devices are expensive both for individuals and healthcare providers. The initial treatment cost of chronic sacral neuromodulation and peripheral neuromodulation for a migraine by neurostimulation devices is high.
Global Neurosurgery Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The 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.
key players in the global neurosurgery market: DePuy Synthes, Integra LifeSciences, Medtronic, and Stryker.
Other Prominent Vendors in the market are: Abbott Laboratories, ABIOMED, Acandis, AdvanSource Biomaterials, Allium Medical, AngioDynamics, Angioslide, Atrium Medical, B. Braun Melsungen, Balt Extrusion, Biophan Technologies, Biosense Webster, BIOTRONIK, Boston Scientific, Brainlab, Cardiac Science, CardiacAssist (TandemLife), Cardica, Claret Medical, Contego Medical, Cook Group, CryoLife, Cyberonics, Elekta, Gore Medical, Innovative Cardiovascular Solutions, InspireMD, KARL STORZ, Keystone Heart, Micromar, MicroVention, Neuros Medical, NeuroVista, Nobilis Health, PHENOX, Scopis, SPR Therapeutics, St. Jude Medical, Synapse Biomedical, Terumo, and Transverse Medical.
Market driver
- Advances in technology
- For a full, detailed list, view our report
Market challenge
- High cost of devices/equipment
- For a full, detailed list, view our report
Market trend
- Emergence of flow diversion devices
- For a full, detailed list, view our report
Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
Spanning over 60 pages and 58 Exhibits "Global Neurosurgery Market 2016 - 2020" report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market landscape, Market segmentation by application, Global neurostimulation devices market, Global neurointerventional devices market, Global CSF management devices, Global neurosurgical navigation system, Market segmentation by end-user, Geographical segmentation, Buying criteria, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Key vendor analysis, Appendix.
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