Global $218.9 Million Neuroendoscopy Market Report 2018-2022 by Product, Usability, and Application - ResearchAndMarkets.com
The global neuroendoscopy devices market is expected to reach USD 218.9 million by 2022 from USD 170.5 million in 2017, at a CAGR of 5.1%.
Factors such as favorable government initiatives, rising prevalence of neurological disorders, and benefits of neuroendoscopic surgeries over conventional brain surgeries are driving the growth of this market. On the other hand, the high cost of neuroendoscopy procedures and equipment may hinder the growth of the market.
The neuroendoscopy devices market, by product, is segmented into rigid neuroendoscopes and flexible neuroendoscopes. In 2017, the rigid neuroendoscopes segment accounted for the largest share of the global neuroendoscopy devices market. This segment is also expected to grow at the highest CAGR during the forecast period. This large share and high growth can be attributed to the benefits of rigid neuroendoscopes such as superior optics, reusability due to autoclaving, and high device strength.
Geographically, the neuroendoscopy devices market in the Asian region is expected to register the highest CAGR during the forecast period. Growth in this regional segment is largely driven by the increased spending on healthcare, presence of a huge population base, growing geriatric population, increasing medical tourism, and increasing prevalence of diseases in the region.
Key Topics Covered
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Neuroendoscopy Devices Market, By Product
7 Neuroendoscopy Devices Market, By Application
8 Neuroendoscopy Devices Market, By Usability
9 Neuroendoscopy Devices Market, By Region
10 Competitive Landscape
11 Company Profile
- Ackermann Instrumente GmbH
- Adeor Medical AG
- B. Braun Melsungen AG
- Clarus Medical
- Hangzhou Hawk Optical Electronic Instruments Co. Ltd.
- Karl Storz GmbH & Co. Kg
- Locamed Ltd.
- Machida Endoscope Co. Ltd.
- Schindler Endoskopie Technologie GmbH
- Tonglu Wanhe Medical Instrument Co. Ltd.
- Visionsense Corporation
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