LONDON, Sept. 14, 2016 /PRNewswire/ -- Neurosurgery is a
branch of medicine that deals with prevention, diagnosis, and
treatment of nervous system disorders and rehabilitation of
patients suffering from the disorder post-surgery. Neurosurgery is
mainly performed for treating neuro-trauma and intracranial
hemorrhage. Brain stroke is one of the major causes of
hemorrhage.The major reason for stroke is ischemia, wherein supply
of blood to the brain is suddenly interrupted. Due to lack of
proper blood supply, the brain starves of oxygen and glucose, which
initiates various molecular reactions in the brain leading to brain
damage. The extent of brain damage depends upon the duration of
interruption of blood supply. Another cause of brain hemorrhage is
a neural aneurysm. According to the American Heart Association,
approximately 1.5%–5% people across the globe develop a cerebral
aneurysm in their lifetime. Elderly people are more susceptible to
neurological disorders as compared to other adults. With surging
aging population, the incidence of neurodegenerative diseases is
increasing, in turn, driving demand for effective neurosurgical
products for their treatment.
Among regions, North America
dominates the global market for neurosurgical products due to a
rapid rise in aging population, increasing healthcare expenditure,
and developed healthcare infrastructure in the region. The
neurosurgical products market in Asia-Pacific is expected to show high growth
rates over the next five years, with China and India being the fastest-growing markets in the
region. Key driving forces of the neurosurgical products market in
developing countries are: large pool of patients, increasing
disposable income, growing geriatric population, increasing
incidence of brain tumor, rising healthcare awareness, growing
healthcare expenditure, and improving healthcare infrastructure in
these regions.
In addition, various government bodies are providing funds and
grants for development of neurosurgical products, which is further
fueling the growth of the global neurosurgical products market. On
the other hand, availability of alternative treatment for
neurological diseases, stringent regulatory requirements, and long
approval time for new neurosurgical products are some of the
factors inhibiting the growth of the global neurosurgical products
market. However, growing demand for minimally invasive surgeries is
projected to create significant growth opportunities for the global
neurosurgical products market.
This report provides in-depth analysis and estimation of the
neurosurgical products market for the period 2015–2022, considering
2014 as the base year for calculation. Moreover, data pertaining to
current market dynamics, including market drivers, restraints,
trends, and recent developments, has been provided in the
report.
The market has been segmented on the basis of the following:
By product type
Shunts
Neurosurgical endoscope
Stereotactic radio-surgery systems
Embolization products
Aneurysm and AVM clips
Others
By condition
Hydrocephalus
Aneurysms
Arteriovenous Malformations
Pituitary and intracranial tumor
Others
By procedure
Open surgery
Neurovascular and minimally invasive surgery
Key geographies evaluated in this report are:
North America
U.S.
Rest of North America
Europe
France
Germany
U.K.
Rest of Europe
APAC
China
India
Japan
Rest of Asia Pacific
Top companies profiled in this report are
Integra LifeSciences Holdings Corporation
KARL STORZ GmbH & Co. KG
Medtronic plc
Johnson & Johnson Services, Inc.
Stryker Corporation
Elekta AB
Terumo Corporation
Penumbra, Inc.
B. Braun Melsungen AG
Varian Medical Systems, Inc.
Key features of this report
Drivers, restraints, and challenges shaping the neurosurgical
products market dynamics
Latest innovations and key events in the market
Analysis of business strategies of the top players in the
market
Neurosurgical products market estimates and forecasts
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