The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

North America held the largest neurosurgery devices and equipment market share.

The global neurosurgery devices and equipment market is expected to grow from $7.17 billion in 2022 to $8.12 billion in 2023 at a compound annual growth rate (CAGR) of 13.2%. The neurosurgery devices and equipment market size is expected to grow to $12.93 billion in 2027 at a CAGR of 12.3%.

Major Driver In The Neurosurgery Devices And Equipment Market ­– Rise In Neurological Disorders
According to an article on US Pharmacist, stroke accounts for 51.3% of the most frequent neurological disorders, Alzheimer’s disease 21.4%, Epilepsy 11.6%, traumatic brain injury 6.8%, Parkinson’s disease 4.7%, and brain tumour 2.8%. Furthermore, 1.2 million people are diagnosed with adult-onset brain illnesses on a regular basis. The rise in these illnesses is propelling the neurosurgical devices and equipment market forward. Millions of Americans have Alzheimer’s or other dementias, according to the Alzheimer’s Association. The number of Americans with Alzheimer’s disease will rise from 6.2 million in 2021 to 13.8 million by 2060 as the size and proportion of the U.S. population 65 and older continues to expand.

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Key Neurosurgery Devices And Equipment Market Segments
1) By Device Type: Neuroendoscope, Stereotactic Systems, Aneurysm Clips, Neurostimulation Devices, Cerebrospinal Fluid Management Devices, Neurosurgical Evacuation Device, Neurosurgical Navigation Systems, Neurosurgery Surgical Power Tools, Others(Ultrasonic Aspirators, Surgical Instruments)
2) By Surgery Type: Intracranial Surgery, Endonasal Neurosurgery, Spinal Surgery
3) By End User: Hospitals, Ambulatory Surgical Centers

Recent Neurosurgery Devices And Equipment Market Trend – Adopting Minimally Invasive Surgical Procedures
Minimally invasive surgical treatments and approaches are the new frontiers in neurosurgery since they produce less pain than open surgeries, result in faster recovery times, less scarring, greater surgeon mobility, and lower equipment costs. Neuroendoscopy is a minimally invasive neurosurgical treatment used to cure hydrocephalus, remove tumours, treat vascular problems, and treat other illnesses. Manufacturers of neurosurgical devices are creating and combining modern endoscope-assisted neurosurgery technologies to deliver efficient minimally invasive operations, operative procedures, clinical breakthroughs, and new technology developments. End-users such as hospitals, ambulatory surgical centres, and others, for example, are adopting smartphones equipped with endoscopes to perform safe and efficient endoscope-assisted neurosurgery. Minimally invasive neurosurgeries are preferred over open surgeries at New York-Presbyterian Hospital/Columbia University Medical Centre to treat conditions in adults and children, using specialised instruments and technologies such as a camera-assisted endoscope, high-powered operating microscope, computer-assisted navigation system, and others.

Neurosurgery Devices And Equipment Market Prominent Players
Major players in the neurosurgery devices and equipment market are Medtronic, Boston Scientific Corporation, Stryker, Conmed Corporation, Smith & Nephew, Integra LifeSciences, Olympus Corporation, NICo., Karl Storz GmbH & Co. KG, and Richard Wolf GmbH.

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The Neurosurgery Devices And Equipment Global Market Report 2023  provides a comprehensive overview on the neurosurgery devices and equipment market size, trends and drivers, opportunities, strategies, and companies analysis. The countries covered in the neurosurgery devices and equipment market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

Neurosurgery devices and equipment are used to carry out neurosurgical procedures involving the diagnosis, prevention, and treatment of problems affecting any part of the nervous system.

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