LONDON--(BUSINESS WIRE)--The global neuroendoscopy devices market is expected to grow by USD 127.37 million during 2020-2024, progressing at a CAGR of close to 7% during the forecast period. The growth can be attributed to several factors such as the increasing prevalence of neurology conditions and rising number of new product launches. Furthermore, the growing number of strategic alliances will also drive the neuroendoscopy devices market during the forecast period. Request a free sample report
Read the 145-page report with TOC on “Neuroendoscopy Devices market research report by Product (Rigid and semi-rigid endoscopes, and Flexible endoscopes), Geography (Asia, Europe, North America, and ROW), and the Segment Forecasts, 2020-2024”.
Neuroendoscopy Devices Market Product Outlook (Revenue, USD Million, 2020-2024)
- Rigid and semi-rigid endoscopes
- Flexible endoscopes
Rigid and semi-rigid endoscopes were the largest neuroendoscopy devices product segment in the market during 2019. This was due to their light weight property, which helps in easy placement of ventricular shunt catheters. Rigid endoscopes provide a clear image and better resolution in comparison to other types of endoscopes. Moreover, vendors are investing in the development of imaging systems to enhance the surgical outcomes of minimally invasive surgeries performed for the treatment of neurology conditions such as brain tumor and hydrocephalus. This will further drive the growth of rigid and semi-rigid endoscopes segment during the forecast period.
Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for free.
Neuroendoscopy Devices Market Regional Outlook (Revenue, USD Million, 2020-2024)
- North America
North America was the largest geographic segment in 2019, followed by Europe, Asia, and ROW, respectively. The region is anticipated to dominate the market over the forecast period due to an increase in investments in neurology-specialized hospitals and clinics and expansion of neurological institutes in North American countries. Furthermore, hospitals are forming partnerships with imaging device manufacturers to provide training to healthcare providers. All these factors will contribute to the dominance of North America throughout the forecast period.
Register for a free trial today and gain instant access to 17,000+ market research reports.
Major Five Neuroendoscopy Devices Companies:
Ackermann Instrumente GmbH
Ackermann Instrumente GmbH is headquartered in Germany and operates the business under various segments such as Arthroscopy, Bronchoscopy, Diflex Systems, and Others. The company offers a spinal endoscope with the Ackermann Plus telescope, 58-6750 spinal endoscope.
adeor medical AG
adeor medical AG is headquartered in Germany and offers products through the following business units: Neuro/Microsurgery, Gynecology, and Vascular Surgery. The company offers an ingenious device, Zeppelin, which is used for neuroendoscopic indications, intraventricular processes, arachnoidal cysts and cystic cerebral tumors, and other conditions.
B. Braun Melsungen AG
B. Braun Melsungen AG is headquartered in Germany and operates under various business segments, namely B. Braun Hospital Care, B. Braun Aesculap, B. Braun Out Patient Market, and B. Braun Avitum. The company offers MINOP and PAEDISCOPE.
Clarus Medical LLC
Clarus Medical LLC is headquartered in the US and offers products through the following business segments: Airway, Spine, Inspection, and Neuro. The company offers a flexible fiberoptic endoscope, Clarus 3000N, which is used to access and visualize nerves, neural tissues, and the surrounding tissues.
KARL STORZ SE & Co. KG
KARL STORZ SE & Co. KG is headquartered in Germany and offers products through the following business segments: Human medicine, Industrial, Veterinary medicine, and Service. The company offers an endoscopic system, LOTTA system, which is used for intracranial interventions in adults and children.
Technavio’s sample reports are free of charge and contain multiple sections of the report, such as the market size and forecast, drivers, challenges, trends, and more. Request a free sample report
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.