Market Research Future published a research report on Global Neuroendoscopy Market and predicts Global Neuroendoscopy Market is growing continuously and expected to grow at a CAGR of 5.2% from 2017 to 2023.
Neuroendoscopy is characterized as a minimally-invasive surgical procedure which is extensively utilized to remove tumors. The excision occurs via small holes present in the skull, i.e., through the mouth or nose. In neuroendoscopy procedures, a small telescopic device equipped with a high-resolution video camera and an eyepiece is used. Some of the other advantages of neuroendoscopy include fast recovery, minimal scarring, and others.
The increasing prevalence of brain tumors is a major driver for the market growth. According to a study published by the Neuro-Oncology Journal in 2015, the global incidence rate for all types of brain tumors was estimated to be about 10.82 per 100 000 persons. Moreover, the increasing demand for minimally invasive surgical procedures, growing geriatric population, and favorable reimbursement policies are estimated to boost the market during the forecast period.
However, a dearth of physicians and the high cost of Neuroendoscopy procedures and equipment are projected to restrain the market growth during the forecast period. Global Neuroendoscopy Market is expected to grow at an approximate CAGR of 5.2% during forecast period.
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Key Players for Global Neuroendoscopy Market
The key players for the Global Neuroendoscopy Market are KARL STORZ (Germany), B. Braun (Germany), Ackermann Instrumente (Germany), Adeor Medical (Germany), Hangzhou Hawk Optical Electronic Instruments (China), Machida Endoscope (Japan), Tonglu Wanhe Medical Instrument (China), Schindler Endoskopie (Germany), Clarus Medical (U.S.), LocaMed (U.K), Visionsense Corporation (U.S.), Olympus Corporation (Japan), Zeiss International (Germany), Stryker (U.S.), Medtronic (U.S.), and others.
Regional Analysis for Global Neuroendoscopy Market
The Americas dominates the Global Neuroendoscopy Market owing to the increasing prevalence of brain tumors, rising demand for minimally invasive therapeutic procedures, the presence of a well-developed healthcare sector, growing geriatric population, and huge health care expenditures.
Europe is second in the Global Neuroendoscopy Market. This can be due to the increasing demand for minimally invasive surgeries, rising availability of funds for research and development, and a huge patient population.
Asia Pacific stands third in the Global Neuroendoscopy Market. Asia Pacific is projected to be the fastest growing region in the Global market owing to the presence of developing economies, growing patient population, developing healthcare sector, and increasing per capita healthcare expenditures.
The Middle East and Africa holds the least share in the market due to the presence of poor economies, stringent government policies, lack of awareness, low per capita income and poor availability of the healthcare services, especially within the African region.
Some Brief Table of Contents of Report
Chapter 1 Report Prologue
Chapter 2 Introduction
2.2 Scope Of Study
2.3 Research Objective
Chapter 3 Research Methodology
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
Chapter 4 Market Dynamics
4.5 Macroeconomic Indicators
4.6 Technology Trends & Assessment
Chapter 5 Market Factor Analysis
5.1 Porter’s Five Forces Model
5.1.1 Bargaining Power Of Suppliers
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LIST OF TABLES
Table 1 Neuroendoscopy Industry Synopsis, 2017–2023
Table 2 Global Neuroendoscopy Market Estimates & Forecast, 2017–2023, (USD Million)
Table 3 Global Neuroendoscopy Market, By Region, 2017–2023, (USD Million)
Table 4 Global Neuroendoscopy Market, By Product, 2017–2023, (USD Million)
Table 5 Global Neuroendoscopy Market, By Application, 2017–2023, (USD Million)
Table 6 Global Neuroendoscopy Market, By Usability, 2017–2023, (USD Million)
Table 7 Global Neuroendoscopy Market, By End-User, 2017–2023, (USD Million)
LIST OF FIGURES
Figure 1 Research Process
Figure 2 Segmentation For Global Neuroendoscopy Market
Figure 3 Market Dynamics For Global Neuroendoscopy Market
Figure 4 Global Neuroendoscopy Market Share, By Product 2016
Figure 5 Global Neuroendoscopy Market Share, By Application 2016
Figure 6 Global Neuroendoscopy Market Share, By Usability, 2016
Figure 7 Global Neuroendoscopy Market Share, By End-User, 2016
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