DUBLIN--(BUSINESS WIRE)--The "Global Neuroendoscopy Market - Segmented by Product, Application, Usability and Geography - Growth, Trends, and Forecast (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.
The neuroendoscopy devices market is expected to grow 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.
Benefits of Neuroendoscopic Surgery Over Conventional Brain Surgery
To remove a tumor or take a sample of it (a biopsy), neurosurgeons attach special instruments to the endoscope, often an additional endoscope with forceps and scissors on the end, as opposed to conventional open brain surgery, which requires more time for healing post-surgery and induces less pain. Also, neuroendoscopic procedures cause minimal scarring in patients.
These benefits are being considered widely in the medical community and therefore, these procedures are becoming more common worldwide. This will lead to the growth of the market in the upcoming years.
Other factors that will affect the growth of this market include rising prevalence of neurological disorders and favorable government initiatives.
Other Highlights
- High Cost of Neuroendoscopy Procedures & Equipment
- Asia-Pacific to Emerge as the Fastest Growing Region
Key Development in the Market
A variety of neurosurgical procedures are performed with the aid of smartphone-endoscope integration. The smartphone takes the place of a camera and video monitor. It is easy to use, more cost effective, and provides the surgeon with a more intuitive and fluid method of performing neuroendoscopy.
Companies Featured
- Ackermann Instrumente GmbH
- Adeor Medical AG
- B. Braun Melsungen AG
- Clarus Medical
- 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
1. Introduction
2. Research Methodology
3. Executive Summary
4. Key Inferences
5. Market Overview
6. Market Dynamics
7. Market Segmentation
8. Competitive Landscape
9. Key Players
10. Future of the Market
For more information about this report visit https://www.researchandmarkets.com/research/5s8jx4/the_global?w=4