The global demand for Neurosurgery Market is presumed to reach the valuation of nearly USD XX MN by 2026 from USD XX MN in 2019 with a CAGR of XX% under the study period of 2020 - 2026.
Neurosurgery is a surgical procedure concerned with the diagnosis and surgical treatment of the nervous system, including the spine, spinal cord, brain, and nerves. The neurosurgeon is a physician who performed neurosurgery. Neurosurgeons offer operative and non-operative care depending upon the seriousness of the injury. Neurosurgery helps to treat patients with a brain tumor, head, and spinal cord injury due to accidents, neck and back pain, and patients with abnormal spinal fluid circulation. Oncological neurosurgery, Endovascular neurosurgery, stereotactic neurosurgery, craniotomy, and neuro-endoscopy are the types of neurosurgery.
The global neurosurgery market is anticipated to be driven by the high prevalence and rise in incidence rates of various neurological disorders across the world. More than 46.8 million people across the globe had Alzheimer’s disease. This number crossed 50 million in the near future. According to Parkinson’s News Today, around 7 to 10 million people worldwide currently, have Parkinson’s disease. A neurological disorder is one of the leading causes of disability and morbidity across the world. Technological advancements in neurosurgery are projected to fuel the neurosurgery market during the forecast period. On the other side, the high cost of the neurosurgical procedure and dearth of skilled professionals in developing and underdeveloped countries are likely to restrain the neurosurgery market.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of neurosurgery.
The entire neurosurgery market has been sub-categorized into product type. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
By Product Type
- Neuro-Interventional Devices
- Cerebral Spinal Fluid (CSF) Management Devices
- Neurosurgical Navigation Systems
- Neurostimulation Services
This section covers regional segmentation which accentuates on current and future demand for neurosurgery market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Neurosurgery Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the neurosurgery market include Codman & Shurtleff Inc., Medtronic Inc., B. Braun Melsungen, Stryker Corp., BrainLab, Integra LifeSciences Corp., NeuroVista Corporation, Scopis GmbH, Boston Scientific, Elekta AB, Others. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.