Neuroendoscopy: Global Market Outlook to 2022 - Projected to Reach $219 Million, Aided by Favorable Government Initiatives - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Jul 5, 2018--The “Neuroendoscopy Market by Product (Rigid (Videoscope, Fiberscope), Flexible endoscope), Usability (Reuse and Disposable), Application (Transnasal, Intraventricular, and Transcranial), Region (North America, Europe, Asia) - Global Forecast to 2022” report has been added to ResearchAndMarkets.com’s offering.
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% during the forecast period. Factors such favorable government initiatives, rising prevalence of neurological disorders, and benefits of neuroendoscopic surgery over conventional brain surgery are driving the growth of this market.
The report segments the global neuroendoscopy devices market into product, application, usability, and region.
Based on product, the market is classified into rigid neuroendoscopes and flexible neuroendoscopes. The rigid endoscopes segment is further divided into videoscopes and fiberscopes. The rigid neuroendoscopes segment is expected to grow at the highest CAGR during the forecast period. This high growth can be attributed to the benefits of rigid neuroendoscopes such as superior optics, reusability due to autoclaving, and high device strength.
The global neuroendoscopy devices market, by application, is segmented into intraventricular neuroendoscopy, transcranial neuroendoscopy, and transnasal neuroendoscopy. The transnasal neuroendoscopy segment accounted for the largest market share in 2017. The large share of this segment can be attributed to the benefits provided by transnasal neuroendoscopy such as increased visualization with high light intensity in the deep-seated surgical field, clear display of patho-anatomical details, and extended viewing angle of neuroendoscopes (which enables surgeons to observe hidden parts of the surgical field).
DriversFavorable Government Initiatives Rising Prevalence of Neurological Disorders Benefits of Neuroendoscopic Surgery Over Conventional Brain Surgery
RestraintsHigh Cost of Neuroendoscopy Procedures & Equipment
OpportunitiesGrowing Healthcare Market in Emerging Economies
ChallengesDearth of Trained Neurologists and Endoscopists
Companies ProfiledAckermann 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
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 Profiles
For more information about this report visit https://www.researchandmarkets.com/research/dwd9sv/neuroendoscopy?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20180705005575/en/
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Related Topics:Surgical Procedures
INDUSTRY KEYWORD: HEALTH MEDICAL DEVICES
SOURCE: Research and Markets
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PUB: 07/05/2018 03:59 PM/DISC: 07/05/2018 03:59 PM