Increasing Prevalence of Neurological Disorders Will Bolster the Global Neurosurgery Market from 2015 to 2019: TechNavio

LONDON--()--An increase in the number of diagnosed neurological disorders has resulted in the growth of the Global Neurosurgery Market, which is expected to post a CAGR of 11.71 percent from 2015-2019, says research firm TechNavio.

About the Report

Approximately 12 percent of deaths worldwide are caused by neurological disorders like epilepsy, Alzheimer’s and Parkinson's.

The latest report by TechNavio emphasizes the increasing adoption of neurostimulation devices, which are generally used in the treatment of epilepsy, migraines, post-cancer therapy pain, lower back pain, chronic pain and Parkinson’s disease.

“Clinical evidence supporting the use of neurostimulation devices is increasing their adoption rate among neurosurgeons,” says Faisal Ghaus, Vice President of TechNavio.

Cost-effectiveness and the cost-to-utility ratio of neurostimulation devices is slightly higher as compared to drugs, which are used as symptomatic treatment options over long durations. The use of neurostimulation devices for the treatment of neurological disorders, particularly among the elderly, is expected to bolster the growth of the market.

Additionally, the market has also witnessed an increase in the use of frameless stereotaxy. Frameless stereotactic feedback enables doctors to perform surgery using a smaller incision and also reduces the risk of inadvertent venous sinus injury.

Key Information Covered in the Report:

  • Market segmentation, size and forecast through 2019
  • Market Growth Drivers:
    • Increase in Prevalence of Neurological Disorders
    • For a full detailed list, view our report.
  • Market Challenges:
  • Market Trends:
    • Increased Adoption of Neurostimulation Devices
    • For a full detailed list, view our report.
  • Key Vendors:
    • Codman & Shurtleff Inc.
    • Medtronic Inc.
    • Stryker Corp.
  • Other Prominent Vendors:
    • Afferent
    • Boston Scientific
    • BrainLab

TechNavio currently has more than 3000 market research reports on a huge range of topics, including 200+ reports on the neuromonitoring market:

If you are interested in more information, please contact our media team at media@technavio.com.

Contacts

TechNavio Research
Jes Ellacott
US: +1 630 333 9501
UK: +44 208 123 1770
Media & Marketing Executive
www.technavio.com
media@technavio.com

Release Summary

An increase in the number of diagnosed neurological disorders has resulted in the growth of Global Neurosurgery Market, which is expected to post a CAGR of 11.71 percent from 2015-2019, says TechNavio

Contacts

TechNavio Research
Jes Ellacott
US: +1 630 333 9501
UK: +44 208 123 1770
Media & Marketing Executive
www.technavio.com
media@technavio.com