Owing to the rising prevalence of cancer, spinal cord and brain disorder,coupled with the demand for minimally invasive procedures leads to the growthof global neuroendoscopy market. Surgical procedures such as biopsies, ventriculostomies and removal of cysts & tumors are generally performed under neuroendoscopy. The rising awareness regarding brain related diseases, is expected to fuel the market growth over the forecasted period.In addition to this, the increasing colloid cysts is expected to propel the market growth during the estimated period. Technological advancements for a better healthcare solution for patients has given a positive response towards making the market more demanding during the projection period.
The global neuroendoscopy market is enforced by the increasing geriatric population coupled with the robust prevalence of diseases such as brain tumors, hydrocephalus, intraventricular haemorrhage, and others. Moreover, continuous growing awareness among the patients and promising government initiatives for improving healthcare services are some of the important factors which makes this market more demanding during the estimated period. Another prime issue driving the market growth is the rising occurrence of nervous system disease. Development of healthcare infrastructure is an essential factor fueling the growth of the global neuroendoscopy market. During the past few years, robust technological advancement and government importance on providing better care to their citizens are the key drivers for making the market more demanding in the near future. The modification of medical devices through technological advancement further assessed to make the global neuroendoscopy market demanding in the for eseeable future.
The global neuroendoscopy market in the report is segmented by device type which includes rigid neuroendoscopes, and flexible neuroendoscopes. The rigid neuroendoscopes is further sub-segmented by video scopes, and fiberscopes. Based on surgery type the market is analyzed as transcranial, transnasal, and intraventricular. Moreover, the global neuroendoscopy market has been geographically segmented into North America, Europe, Asia-Pacific, Middle East and Africa and Latin America.
Among the other regions, North- America holds the largest market share, followed by Europe, Latin America, Asia Pacific and Rest of the World. Along with the increasing cases of brain injury, growing healthcare infrastructure is the prime factor driving the market growth in North- America region. Moreover, rising focus on healthcare devices development activities by the key players in Germany, Italy and France, has therefore increased the demand for the neuroendoscopy market in Europe region. Furtherdown, rising focus on providing better healthcare facilities in emerging countries like Brazil and Chile, creates a high growth for neuroendoscopy in Latin-America region.
However, high cost of neuroendoscopy devices and procedures along with lack of proficient neurologists may impose a restriction on the growth of the global neuroendoscopy market.
Some of the major players in the global neuroendoscopy includeAdeor Medical AG, Ackermann Instrumente GmbH, B. Braun Medical Inc., Karl Storz GmbH & Co. KG, LocaMed Ltd., Medtronic, Schindler EndoskopieTechnologie GmbH, Tonglu WANHE Medica Instrument Co., Ltd., and Visionsense Corporation.
Global Neuroendoscopy Market: By Device Type
Global Neuroendoscopy Market: By Surgery Type
Global Neuroendoscopy Market: By Geography