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Neuroendoscopy Market 2020 Regional Growth Drivers, Opportunities, Trends, and Forecasts to 2025

Author : Ronak Bora | Published Date : 2020-09-08 

Neuroendoscopy Market report offers in-depth analysis of the industry size, share, major segments, and different geographic regions, forecast for the next five years, key market players, and premium industry trends. It also focuses on the key drivers, restraints, opportunities and industry challenges.

Rising incidents of complex brain tumors worldwide are expected to drive the requirement for neuroendoscopy surgeries in the coming years. Neuroendoscopy is basically a minimally-invasive surgical procedure in which practitioners remove a tumor by making a tiny hole in the skull. In recent years, cases of brain tumors have spiked significantly across the globe. Inheritance among family members and increasing exposure to radiation are slated to be some of the major causes of brain tumors.

The condition is often described as an unusual growth of tissue particularly in the brain and central spine that can hamper the brain’s regular function. With burgeoning cases of tumors like astrocytoma, acoustic neuroma, meningioma, glioblastoma, glioma, and craniopharyngioma among patients worldwide, the demand for neurosurgery procedures is anticipated to grow considerably in the years to come. 

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The neuroendoscope market is commonly classified into flexible and rigid neuroendoscopes. Out of the two, rigid neuroendoscopes segment is projected to witness tremendous growth as these instruments are increasingly used as a tubular telescope in endoscopic procedures to examine internal body parts. Given to growing significance, the rigid neuroendoscopes market has managed to record nearly USD 120 million in 2018. Extensive use in intraventricular procedures are anticipated to further boost rigid neuroendoscopes market size in the forthcoming years. 

Apparently, astrocytomas, medulloblastomas, brainstem gliomas, and ependymomas are some of the most common types of tumors observed among children. According to reports, in 2018, the pediatric segment was accounted around USD 25 million and is anticipated to observe exponential growth over the forecasted period.

Rising cases of such tumors may advance the neuroendoscopy industry growth. The availability of qualified pediatric neurosurgeons that can effectively diagnose children’s health may aid the growth prospects of this industry. 

Presently, B. Braun, Clarus Medical, adeor medical, KARL STORZ, Schindler endoskopie technologie, Ackermann Instrumente, Machida Endoscope, HAWK, and Tonglu WANHE are some prominent companies advancing in the neuroendoscopy industry. Inorganic and organic growth strategies like acquisition and collaboration are helping these firms maintain a competitive edge over rivals.

Development of innovation neuroendoscopy instruments is further helping firms advance their presence in this lucrative market. Taking KARL STORZ for instance, the firm has recently retained its financial stability by producing high-quality neuroendoscopy devices. 

Browse full table of contents (TOC) of this report @ https://www.gminsights.com/toc/detail/neuroendoscopy-market

Partial Chapter of the Table of Content 

Chapter 5. Neuroendoscopy Market, By Application

5.1. Key segment trends

5.2. Transnasal neuroendoscopy

5.2.1. Market size, by region, 2014 - 2025 (USD Million)

5.3. Intraventricular neuroendoscopy

5.3.1. Market size, by region, 2014 - 2025 (USD Million)

5.4. Transcranial neuroendoscopy

5.4.1. Market size, by region, 2014 - 2025 (USD Million)

Chapter 6. Neuroendoscopy Market, By Usability

6.1. Key segment trends

6.2. Reusable neuroendoscopes

6.2.1. Market size, by region, 2014 - 2025 (USD Million)

6.3. Disposable neuroendoscopes

6.3.1. Market size, by region, 2014 - 2025 (USD Million)

About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for fractovia and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. [email protected] | https://twitter.com/RonakBora26

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