The Neuroendoscopy Market is forecast to reach USD 291.4 Million by 2028, according to a new report by Reports and Data.
The Neuroendoscopy Market is forecast to reach USD 291.4 Million by 2028, according to a new report by Reports and Data. Neuroendoscopy can be defined as a minimally-invasive surgical procedure, which involves the elimination of tumors by neurosurgeons, though small holes in the nose, mouth or the skull. With the help of this surgical procedure, neurosurgeons are able to access parts of the brain that are beyond the reach of traditional surgery. It also enables them to eliminate tumor without harming or cutting other parts of the skull. The process is performed with the help of an endoscope, which is a small telescope-like device having an eyepiece and high-resolution video camera on the end of the device to enable neurosurgeons to access and navigate the tumor. In order to eliminate a tumor or perform biopsy, neurosurgeons attach additional instruments to the endoscope, which is usually an additional scissors and endoscope with forceps on end. Significant advantages associated with the process like minimal scarring, reduced pain as compared to traditional surgery and faster recovery, have resulted in the continuous growth of the market.
Access Free sample PDF Copy of the Report @ https://www.reportsanddata.com/sample-enquiry-form/2425
Though various advantages associated with neuro endoscopy are supporting the market growth, adverse market factors like a limited number of trained Endoscopists and Neurologists, neuro endoscopy equipment & procedures being expensive may retard the market growth.
In regards to region, Europe can be seen to occupy a prominent market share. The market share held by the region is attributed to expanding healthcare sector and high incidence rate of neurological disorders.
The global pharma & healthcare market report points out the key trends and developments taking place in this business space in the ongoing COVID-19 times. According to market experts, the pandemic has turned this industry upside down, with an unprecedented rise in demand and acute supply shortage. The report clearly depicts the current global economic landscape and the considerable situation of the healthcare industry. A substantial increase in demand for healthcare services worldwide, rising cases of the SARS-CoV-2 infection, increasing pharmaceutical research & development activities, and new drug pipelines are among the key factors that have driven the global pharma & healthcare industry growth in the recent past. Growing acceptance of telehealth and telemedicine services, rise in government initiatives for COVID-19 vaccine development, and escalating demand for advanced point-of-care diagnostics and home healthcare products have further bolstered the industry growth.
Companies considered and profiled in this market study
Braun Melsungen AG, Karl Storz GmbH & Co.Kg, Adeor Medical AG, Ackermann Instrumente GmbH, Machida Endoscope Co., Ltd., Hangzhou Hawk Optical Electronic Instruments Co., Ltd., Schindler Endoskopie Technologie GmbH., Tonglu Wanhe Medical Instrument Co., Ltd., Locamed Ltd, and Clarus Medical.
Get In detailed Research Study @ https://www.reportsanddata.com/report-detail/neuroendoscopy-market
Further key findings from the report suggest
- The Neuroendoscopy market held a market share of USD 180.6 Million in the year 2018 that is forecasted to grow at a rate of 4.70% during the forecast period.
- In context to Product Type, the Rigid Neuroendoscopes segment generated a higher revenue of more than USD 119.2 Million in 2018, with a CAGR of 4.4% during the forecast period. Affordable pricing and smaller size of rigid neuro endoscopes results in its elevated preference and revenue generated by this segment. Advancements in rigid videoscopes and fibrescopes that allows visualization also results in its high demand in intraventricular neuroendoscopy that also contributes to the revenue generated by this segment.
- In context to Usability, the Disposable Neuroendoscopes segment generates a higher revenue of USD 112.0 Million in 2018, with a CAGR of 5.4% during the forecast period. The revenue generated by the Disposable Neuroendoscopes segment is attributed to lower cost of Disposable Neuroendoscopes as compared to Reusable Neuroendoscopes along with other advantages like reduced risk of infection, which results in its increasing preference in the healthcare sector.
- In context to Application, the Transcranial Neuroendoscopy segment is projected to witness the fastest growth rate of 5.4% during the forecast period, which is expected to occupy 23.0% by 2027. The rising application of Neuroendoscopy in the treatment and diagnosis of larger tumors, along with advancements in preoperative imaging, contributed to the growth rate witnessed by this segment.
- In regards to End-user, the Hospitals segment held the largest market share of 49.0% in 2018, with a CAGR of 5.0% during the forecast period. The market share held by the Hospitals segment is attributed to facilities like insurance coverage to care users, state-of-the-art facilities along with the presence of experienced neurosurgeries in hospitals, which results in its higher preference among care users.
- In regards to the region, Asia Pacific is projected to witness the fastest growth rate of 5.4% during the forecast, which is expected to hold 9% of the market by 2027. The growth rate witnessed by the region is resultant of elevating demand for Neuroendoscopy in this region along with expanding healthcare market, which is supporting the growth of the market in this region.
Download Summary @ https://www.reportsanddata.com/download-summary-form/2425
For the purpose of this report, Reports and Data have segmented the global Neuroendoscopy market, according to Product Type, Usability, Application, End-user, and Region:
Product Type Outlook (Revenue, USD Million; 2018-2028)
- Flexible Neuroendoscopes
- Rigid Neuroendoscopes
Usability Outlook (Revenue, USD Million; 2018-2028)
- Disposable Neuroendoscopes
- Reusable Neuroendoscopes
Application Outlook (Revenue, USD Million; 2018-2028)
- Transcranial Neuroendoscopy
- Transnasal Neuroendoscopy
- Intraventricular Neuroendoscopy
End-user Outlook (Revenue, USD Million; 2018-2028)
- Hospitals
- Ambulatory surgical centers
- Diagnostic centers
- Others
Regional Outlook (Revenue, USD Million; 2018-2028)
- North America
- U.S.
- Europe
- UK
- France
- Asia Pacific
- China
- India
- Japan
- MEA
- Latin America
- Brazil
Ask for Customize Research Report @ https://www.reportsanddata.com/request-customization-form/2425
This study aims to define market sizes and forecast the values for different segments and countries in the coming eight years. The study aims to include qualitative and quantitative perspectives about the industry within the regions and countries covered in the report. The report also outlines the significant factors, such as driving factors and challenges, that will determine the market’s future growth.
Explore Latest Trending Research Reports By Reports and Data’s:
Nitrile Medical Gloves Market Size, Share And Industry Analysis By Product Type (Non-Powdered and Powdered), By Usage Type (Disposable and Reusable), By Application Type (Examination and Surgical), By End-Use (Hospitals & Clinics, Diagnostic Centers, Dental Clinics, and Others), and By Region Forecast to 2028
Oral Care Market s, Convenience Stores, Pharmacies, Retail Stores, and E-commerce), and By Region Forecast To 2028
Periodontal Therapeutics Market By Product Type (Drugs [Local Antibiotic Therapy and Systemic Antibiotic Therapy] and Devices), By Sales Channel (Hospitals Pharmacies, Retail Pharmacies, Drug Stores E-commerce), and By Region Forecast To 2028
Cancer Biological Therapy Market By Product Type (Vaccines, Cancer Growth Blockers, Monoclonal Antibodies, Blood Cell Growth Factors, Gene Therapy), By Application (Specialized Cancer Treatment Centers, Hospitals Pharmacies, Hospitals, Specialty Clinics, Research & Academic Laboratories, Others), and By Region Forecast To 2028
Cholera Vaccines Market By Type (Dukoral, Shanchol, Vaxchora, Euvichol & Euvichol-plus, Others), By Application (Hospitals & Clinics, Research & Academic Laboratories, Pharmaceutical & Biotechnology Companies, Others), and By Region Forecast 2028
About Reports and Data
Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients to make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Products, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
Contact Us:
John W
Head of Business Development
Reports And Data | Web: www.reportsanddata.com
Direct Line: +1-212-710-1370
E-mail: sales@reportsanddata.com
LinkedIn | Twitter | Blogs