The rise in the incidence rate of neurological disorders, increasing acceptance of neuro endoscopic surgery over conventional brain surgery have resulted in boosting the Neuroendoscopy market.
Neuroendoscopy Market Size – USD 180.6 Million in 2018, Growth – CAGR of 4.9%, Trends – The elevating demand for Neuroendoscopy in developing countries
The global neuroendoscopy market is forecast to reach USD 278.2 Million by 2027, according to a new report by Reports and Data. Neuroendoscopy can be defined as a type of brain surgery that is minimally invasive. It enables surgeons to reach areas of the brain which are beyond reach in traditional surgery. It also allows the elimination of tumors without the requirement of a large incision in the skull; rather, tumors are eliminated through nose, mouth, or with the help of a small window through the skull. The medical process is performed with the help of an endoscope that is a flexible, small tube with a small set of surgical instruments and a camera attached to it. The process is also applicable in removing a tissue sample for advanced testing i.e., biopsy. Types of brain tumors that are usually treated with the help of the process are Pineal region tumors, Skull base tumors, Pituitary tumors, Ventricular tumors, and Rathke’s cleft cysts. It is mentionable here that the expanding healthcare market in developing regions, increasing acceptance of neuro endoscopic surgery over conventional brain surgery due to its advantages like minimally invasive and rise in incidence rate of neurological disorders is contributing to the continuous growth of the market.
In regards to region, Europe can be seen to occupy a prominent market share. The market share held by the region is attributed to expanding healthcare sector and high incidence rate of neurological disorders.
Some of the key players in the market are Braun Melsungen AG, Karl Storz GmbH & Co.Kg, Adeor Medical AG, Ackermann Instrumente GmbH, Machida Endoscope Co., Ltd., Hangzhou Hawk Optical Electronic Instruments Co., Ltd., Schindler Endoskopie Technologie GmbH., Tonglu Wanhe Medical Instrument Co., Ltd., Locamed Ltd, and Clarus Medical.
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Further key findings from the report suggest:
For the purpose of this report, Reports and Data have segmented the global Neuroendoscopy market, according to Product Type, Usability, Application, End-user, and Region:
Product Type Outlook (Revenue, USD Million; 2016-2027)
Usability Outlook (Revenue, USD Million; 2016-2027)
Application Outlook (Revenue, USD Million; 2016-2027)
End-user Outlook (Revenue, USD Million; 2016-2027)
Regional Outlook (Revenue in USD Million; 2016–2026)
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Table of Content:
Chapter 1. Market Synopsis
1.1. Market Definition
1.2. Research Scope & Premise
1.4. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2018 – 2026
Chapter 3. Indicative Metrics
3.1. Increasing inclination of doctors and nurses
Chapter 4. Neuroendoscopy Market Segmentation & Impact Analysis
4.1. Neuroendoscopy Segmentation Analysis
4.2. Neuroendoscopy Market Value Chain Analysis, 2016-2026
4.3. Regulatory framework
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