Advance: Key Drivers and Opportunities in the Neurology Devices Market
The Neurology Devices market is expected to grow from an estimated USD 12.54 billion in 2024 to USD 27.24 billion in 2033, at a CAGR of 9.00%.Favorable government efforts are projected to increase demand for neurology devices. Government initiatives for medical devices include rules, regulations, and programs that supervise and promote the safety, quality, and progress of these healthcare goods. Favorable government actions can have a considerable impact on the neurology device industry by influencing laws, supporting research and development, offering financial incentives, increasing telemedicine, raising public health awareness, and enhancing overall healthcare infrastructure and access.
The latest research on the Neurology Devices market applies both qualitative and quantitative data analysis to present an overview of the future adjacencies around the Neurology Devices industry. An extensive study of the product application and services conducted by subject matter experts assessing the Neurology Devices market will help product owners to make a wise decision. From analyzing which products companies should produce, expand to how brands should position their product the study covers all that business owners require meeting the buyers’ requirement.
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Competitive Terrain:
The global Neurology Devices industry is highly consolidated owing to the presence of renowned companies operating across several international and local segments of the market. These players dominate the industry in terms of their strong geographical reach and a large number of production facilities. The companies are intensely competitive against one another and excel in their individual technological capabilities, as well as product development, innovation, and product pricing strategies.
The leading market contenders listed in the report are:
Medtronic, Johnson and Johnson Services Inc., Penumbra, Inc., MicroPort Scientific Corporation, Stryker, TERUMO CORPORATION
Key market aspects studied in the report:
Market Scope: The report explains the scope of various commercial possibilities in the global Neurology Devices market over the upcoming years. The estimated revenue build-up over the forecast years has been included in the report. The report analyzes the key market segments and sub-segments and provides deep insights into the market to assist readers with the formulation of lucrative strategies for business expansion.
Competitive Outlook: The leading companies operating in the Neurology Devices market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.
Report Objective: The primary objective of this report is to provide the manufacturers, distributors, suppliers, and buyers engaged in this sector with access to a deeper and improved understanding of the global Neurology Devices market.
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Market Segmentations of the Neurology Devices Market
This market is segmented based on Types, Applications, and Regions. The growth of each segment provides accurate forecasts related to production and sales by Types and Applications, in terms of volume and value for the period between 2022 and 2030. This analysis can help readers looking to expand their business by targeting emerging and niche markets. Market share data is given on both global and regional levels. Regions covered in the report are North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Research analysts assess the market positions of the leading competitors and provide competitive analysis for each company. For this study, this report segments the global Neurology Devices market on the basis of product, application, and region:
Segments Covered in this report are:
By Product Outlook (Revenue, USD Million; 2020-2033) Neurostimulation Spinal Cord Stimulation Spinal Cord Stimulation Deep Brain Stimulation Sacral Nerve Stimulation Vagus Nerve Stimulation Gastric Electric Stimulation Interventional Neurology Aneurysm Coiling and Embolization Embolic Coils Flow Diversion Devices Liquid Embolic Reagents Neurovascular Catheters Microcatheters Microguidewires Cerebral Balloon Angioplasty & Stents Carotid Artery Stents Filter Devices Balloon Occlusion Devices Neurothromobectomy Clot Retrievers Suction Aspiration Devices Snare Devices CSF Management Devices Cerebral Shunts Cerebral External Drainage Neurosurgery Devices Ultrasonic Aspirators Stereotactic Systems Neuroendoscopes Aneurysm Clips By Regional Outlook (Revenue, USD Million; 2020-2033) North America United States Canada Mexico Europe Germany France United Kingdom Italy Spain Benelux Rest of Europe Asia-Pacific China India Japan South Korea Rest of Asia-Pacific Latin America Brazil Rest of Latin America Middle East and Africa Saudi Arabia UAE South Africa Turkey Rest of MEA
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Major Geographies Analyzed in the Report:
North America (U.S., Canada) Europe (U.K., Italy, Germany, France, Rest of EU) Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC) Latin America (Chile, Brazil, Argentina, Rest of Latin America) Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA) ToC of the report:
Chapter 1: Market overview and scope
Chapter 2: Market outlook
Chapter 3: Impact analysis of COVID-19 pandemic
Chapter 4: Competitive Landscape
Chapter 5: Drivers, Constraints, Opportunities, Limitations
Chapter 6: Key manufacturers of the industry
Chapter 7: Regional analysis
Chapter 8: Market segmentation based on type applications
Chapter 9: Current and Future Trends
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