reportsweb January 12, 2021

ReportsWeb.com added “Global Neurology devices Market Size Status and Forecast 2026” to its vast collection of research Database. The report classifies the global Neurology devices Market in a precise manner to offer detailed insights into the aspects responsible for augmenting as well as restraining market growth.

The global neurological devices market was valued at $9,242.67 million in 2018, and is expected to reach $ 17,410.40 million by 2026, registering a CAGR of 8.1% from 2019 to 2026. Neurovascular devices such as cerebrospinal fluid management devices and interventional devices majorly find their application in the treatment of neurological disorders, including Alzheimer’s, tumors, depression, and stroke. Moreover, there are various other devices or instruments used for the treatment of neurological diseases such as catheters, stents, ultrasonic aspirators, and stereotactic system.

Neurology devices Market research report includes analysis of key players in global market, like

Abbott Laboratories,- B. Braun Melsungen AG, Boston Scientific Corporation, Integra LifeSciences Holdings Corporation, LivaNova PLC, Johnson & Johnson, Medtronic Plc, Magstim Co Ltd., Penumbra, Inc., Stryker Corporation

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The growth of the global neurology devices market is driven by significant rise in geriatric population across the globe, rise in demand for minimally invasive surgeries, and development of advanced neurological devices. In addition, increase in prevalence of neurological disorders across the globe propels the demand for neurology devices, thereby supplementing the growth of the global market. In addition, rise in geriatric population poses risk for increase in incidence of neurovascular disorders (such as stroke). However, enforcement of stringent government regulations toward the approval of these devices and lack of skilled neurosurgeons are the key factors anticipated to hamper the market growth. Conversely, the introduction of new products and technological advancements in neurological devices have aided in the efficient treatment of many neurovascular disorders, which is expected to provide lucrative opportunities for market expansion during the forecast period.

Segmentation by Solution:

The global neurological devices market is segmented into product, end user, and region. By product, the market is categorized into neurostimulation devices, neurosurgery devices, interventional neurology devices, cerebrospinal fluid management devices, and others. Depending on end user, it is classified into hospitals, neurology clinics, and ambulatory care centers. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

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Market segment by Product, the product can be split into

  • Neurostimulation Devices
  • Neurosurgery Device
  • Interventional Neurology Devices
  • Cerebrospinal Fluid Management Devices

Market segment by End User, Neurology devices can be split into

  • Hospitals
  • Ambulatory Surgery Centers
  • Neurology Clinics

Brief Overview of “Global Neurology devices Market” Report with Table of Content @ https://www.reportsweb.com/reports/neurology-devices-market-2026

 

Major points from Table of Contents:

Chapter 1: Introduction

Chapter 2: Executive Summary

Chapter 3: Market Overview

Chapter 4: Neurology Devices Market, By Product

Chapter 5: Neurology Devices Market, By End User

Chapter 6: Neurology Devices Market, By Region

Chapter 7: Company Profiles

 

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