A research study titled, “Neuroendoscopy Devices Market by Product and Application – Global Industry Analysis and Forecast to 2023” published by Crystal Market Research.
Industry Outlook and Trend Analysis:
The Neuroendoscopy Devices Market was worth USD 87.45 million in 2014 and is expected to reach approximately USD 177.04 million by 2023, while registering itself at a compound annual growth rate (CAGR) of 8.15% during the forecast period.
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The demand for neuroendoscopy is expanding because of worldwide ascent in number of brain tumor cases and developing interest for minimally invasive surgical procedures.These devices are significantly used amid the treatment of diseases, for example, hydrocephalus, pituitary tumors, intraventricular discharge and bleeding. Thus, steady rise in frequency of pituitary tumors and intraventricular discharge is driving the development of the market.
Regional Outlook and Trend Analysis:
North America is the most developed market took after by Europe. Technological advancements in the medicinal services division and expanding occurrences of the pituitary tumours is contributing towards the development of these business sectors. The U.S. is the biggest market for neuroendoscopy over the world. Asia Pacific market is anticipated to become altogether attributable to the accessibility of undiscovered development openings in the area particularly in, China, Japan and India.
Application Outlook and Trend Analysis:
Different activities attempted by the government; foundations to help the selection of neuroendoscopy and expanding innovative work speculation by the key players are a portion of the components that are contributing in the market development. Hospitals dominate the general application portion with the biggest income share.
Surgery Outlook and Trend Analysis:
Intraventricular fragment represented the biggest income share in 2016. B.Braun Medical Inc. and, Medtronic are some of the driving organizations that offer intraventricular neuroendoscopy devices. Expanding instances of intraventricular bleeding and hemorrhage, and accessibility of actually propelled products are a portion of the key variables boosting growth for these devices.
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Device Type Outlook and Trend Analysis:
Rigid neuroendoscopes are used for the treatment of illnesses, for example, cystic lesions, hydrocephalus and intraventricular tumors. Thus, expanding in the pervasiveness of these sicknesses drives the market development. Additionally, these devices are accessible in lighter and smaller versions. Thusly, such devices have higher request particularly in the instances of interventricular surgeries.
Data is extensively collected through various secondary sources such as annual reports, investor presentations, SEC filings, and other corporate publications. We also refer trade magazines, technical journals, paid databases such as Factiva and Bloomberg, industry trade journals, scientific journals, and social media data to understand market dynamics and industry trends. Further, we also conduct primary research to understand market drivers, restraints, opportunities, challenges, and competitive scenario to build our analysis.
Table of Contents:
4.Market Analysis by Regions
4.1.North America (United States, Canada and Mexico)
4.1.1.United States Market States and Outlook (2014-2023)
4.1.2.Canada Market States and Outlook (2014-2023)
4.1.3.Mexico Market States and Outlook (2014-2023)
4.2.Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
4.2.1.Germany Market States and Outlook (2014-2023)
4.2.2.France Market States and Outlook (2014-2023)
4.2.3.UK Market States and Outlook (2014-2023)
4.2.4.Russia Market States and Outlook (2014-2023)
4.2.5.Italy Market States and Outlook (2014-2023)
4.2.6.Rest of Europe Market States and Outlook (2014-2023)
4.3.Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Rest of Asia-Pacific)
4.3.1.China Market States and Outlook (2014-2023)
4.3.2.Japan Market States and Outlook (2014-2023)
4.3.3.Korea Market States and Outlook (2014-2023)
4.3.4.India Market States and Outlook (2014-2023)
4.3.5.Rest of Asia-Pacific Market States and Outlook (2014-2023)
4.4.South America (Brazil, Argentina, Columbia and Rest of South America)
The leading players in the market are Zeiss, Olympus Corporation, Medtronic, B. Braun Medical Inc, Stryker Corporation and Karl Storz. The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and share of the overall industry.
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About Crystal Market Research:
Crystal Market Research is a U.S. based market research and business intelligence company. Crystal offers one stop solution for market research, business intelligence, and consulting services to help clients make more informed decisions. It provides both syndicated as well as customized research studies for its customers spread across the globe. The company offers market intelligence reports across a broad range of industries including healthcare, chemicals & materials, technology, automotive, and energy.
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