Global Intraventricular Neuroendoscopy Devices Market, By Surgery (Intraventricular, Transcranial, Transnasal), By Device Type (Rigid, Flexible), By End-Users (Hospitals, Specialty Clinics, Others) – Industry Trends and Forecast to 2029
Intraventricular Neuroendoscopy Devices Market Analysis and Size
The global intraventricular neuroendoscopy devices market is expected to witness significant growth during the forecast period. These devices are used for treating discomfort in the leg and swelling. It improves circulation and restores normal function in the leg. Intermittent pneumatic compression therapy is especially used for managing DVT or Deep Vein Thrombosis. Rise in the number of orthopedic surgeries promotes the market growth. Another growth driving factor is the rising geriatric population worldwide. Advancements in medical engineering brought about many pathbreaking innovations in healthcare technology.
Data Bridge Market Research analyses a growth rate in the global intraventricular neuroendoscopy devices market in the forecast period 2022-2029. The expected CAGR of global intraventricular neuroendoscopy devices market is tend to be around 6.0% in the mentioned forecast period. The market was valued at USD 230 million in 2021, and it would grow upto USD 366.59 million by 2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
Market Definition
Neuroendoscopy is a medical procedure in which an endoscope is applied to treat disorders of the central nervous system. Neuroendoscopy is widely used in spine, brain and skull base pathologies due to its improved visualization and better illumination. It has been used in variety of indications such as cranial cyst, hematoma evacuations, infective conditions, rhinorrhea, endoscopic third ventriculostomy, pituitary tumors, intraventricular lesions.
Intraventricular Neuroendoscopy Devices Market Scope and Segmentation
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2014 - 2019)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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By Surgery (Intraventricular, Transcranial, Transnasal), By Device Type (Rigid, Flexible), By End-Users (Hospitals, Specialty Clinics, Others)
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Countries Covered
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U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
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Market Players Covered
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B. Braun Medical Inc. (U.S.), Karl Storz (Germany), Olympus Corporation (Japan), Zeiss International (U.S.), Stryker (U.S.), Medtronic. (U.S.), Ackermann Germany), Schindlerendoskopie technologie GmbH (Germany), Tonglu WANHE Medical Instrument Co Ltd (China)
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Market Opportunities
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Global Intraventricular Neuroendoscopy Devices Market Dynamics
Drivers
- Use of Minimally Invasive Surgeries
Traditional surgical procedures of the brain such as craniotomy are invasive and complex. These procedures includes a high risk of stroke or hemorrhage, and in some cases death. Additionally, minimally invasive procedures have a limited risk of developing above-mentioned conditions. Hence, neuroendoscopy being minimally invasive technique, demand for the same is constantly accelerating.
- Government Initiatives
Several initiatives undertaken by the government; institutions to support the adoption of neuroendoscopy and increasing research and development investment by the major players are contributing to the market growth.
Opportunities
- Technological Advancements
Growing demand for neuroendoscopy devices lead to increasing technological development. Advances in surgical apparatus and neuroimaging techniques have made it neuroendoscopy minimally invasive thus prompting the market growth.
Restraints/Challenges
- Lack of skilled professionals
The lack of qualified personnel who are unable to use these devices could curb the growth of the global intraventricular neuroendoscopy devices market over a forecast period.
- High Cost
The high cost of these software systems can hinder the growth of the global intraventricular neuroendoscopy devices market even though the prevalence of thrombotic diseases is high.
This global intraventricular neuroendoscopy devices market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the global intraventricular neuroendoscopy devices market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Intraventricular Neuroendoscopy Devices Market Scope
The global intraventricular neuroendoscopy devices market is segmented on the basis of device type and end-users. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Device Type
- Rigid
- Flexible
End-Users
- Hospital
- Specialty Clinics
- Others
Global Intraventricular Neuroendoscopy Devices Market Regional Analysis/Insights
The global intraventricular neuroendoscopy devices market is analysed and market size insights and trends are provided by device type and end-users as referenced above.
The major countries covered in the global intraventricular neuroendoscopy devices market are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America is the dominating region in the global intraventricular neuroendoscopy devices market due to increasing incidences of the pituitary tumors.
Meanwhile, the Asia-Pacific region has shown significant growth in the global intraventricular neuroendoscopy devices market due to healthcare insurance, greater technological advancements.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Global Intraventricular Neuroendoscopy Devices Market Share Analysis
The global intraventricular neuroendoscopy devices market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to global intraventricular neuroendoscopy devices market
Key players operating in the global intraventricular neuroendoscopy devices market include:
- B. Braun Medical Inc. (U.S.)
- Karl Storz (Germany)
- Olympus Corporation (Japan)
- Zeiss International (U.S.)
- Stryker (U.S.)
- Medtronic. (U.S.)
- Ackermann Instrumente GmbH (Germany)
- Schindlerendoskopie technologie GmbH (Germany)
- Tonglu WANHE Medical Instrument Co Ltd (China)
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