Global Neuroendoscopy Industry By Application (Transnasal Neuroendoscopy, Intraventricular Neuroendoscopy, Transcranial Neuroendoscopy), By Product (Rigid Neuroendoscopes, Flexible Neuroendoscopes), and By Usability (Reusable Neuroendoscopes , Disposable Neuroendoscopes). Global Neuroendoscopy Industry was valued at USD 159 Million in the year 2017. The Global Neuroendoscopy Industry is further estimated to grow at a CAGR of 7.5% from 2019 to reach USD 279.5 Billion by the year 2025.
The Global Neuroendoscopy is segmented as by product type, by application, by usability, and by region. On the basis of product type, the Industry is segmented as Rigid Neuroendoscopes and Flexible Neuroendoscopes of which Rigid Neuroendoscopes holds the highest Industry share.
On the basis of application, the global Neuroendoscopy Industry is segmented as Transnasal Neuroendoscopy, Intraventricular Neuroendoscopes and Transcranial Neuroendoscopy of which Transnasal Neuroendoscopy is expected to hold the highest Industry share in the forecasted period.
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On the other hand, by a usability Type, the Industry is segmented as Reusable Neuroendoscopes and Disposable Neuroendoscopes for Reusable Neuroendoscopes segment is expected to grow at highest CAGR during the year 2018-2025. This large share is mainly attributed to factors such as cost-effectiveness of reusable devices as they can be used in multiple procedures after procurement.
Major market players in Neuroendoscopy Industry are Ackermann Instrumente GmbH, Machida Endoscope Co. Ltd., Adeor Medical AG, Hangzhou Hawk Optical Electronic Instruments Co.
Ltd, Schindler Endoskopie Technologie GmbH., Clarus Medical, Locamed Ltd, Visionsense Corp., Tonglu Wanhe Medical Instrument Co. Ltd., and brief information of 11 companies will be provided in the report.
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SWOT Analysis Neuroendoscopy Industry:
Favorable Government Initiatives.
Rising Prevalence of Neurological Disorders
High Cost of Neuroendoscopy Procedures & Equipment
Technological and Scientific advancements
Dearth of Trained Neurologists and Endoscopists
North America region holds the highest Industry share in 2017 and Europe is considered as the fastest growing Industry in the forecasted period. At country level like U.S, U.K and Germany are projected to grow strongly in the coming years.
The dominance of the North American Industry is attributed to factors such as favorable government initiatives, rising prevalence of neurological disorders, increasing investments by hospitals to purchase new Neuroendoscopy Equipment, and increasing research activities.
Neuroendoscopy Industry Segmentation:
• Transnasal Neuroendoscopy
• Intraventricular Neuroendoscopy
• Transcranial Neuroendoscopy
• Reusable Neuroendoscopes
• Disposable Neuroendoscopes
• Rigid Neuroendoscopes
• Flexible Neuroendoscopes
• North America
o Rest of Europe
o Rest of Asia-Pacific
o Latin America
o Middle East & Africa
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