Neurosurgery Devices And Equipment Market Forecast and Insights: Exploring Growth Trends, Market Size, and Emerging Opportunities
2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!
Which Major Market Drivers Are Expected to Boost the Growth Potential of the Neurosurgery Devices And Equipment Market?
The rise in neurological disorders is propelling the growth of the neurosurgery devices market. Neurological disorders, including stroke, Alzheimer’s, and epilepsy, are increasing, driving the need for surgical intervention. For example, stroke accounts for over 51% of neurological disorders, and the Alzheimer’s Association predicts that the number of people with Alzheimer’s in the U.S. will rise significantly by 2060. This growing prevalence of neurological conditions is driving the demand for neurosurgery devices and equipment.
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#What is the Anticipated CAGR of theNeurosurgery Devices And Equipment Market, and What Factors Will Drive It?
The neurosurgery devices and equipment market size has grown rapidly in recent years. It will increase from $8.61 billion in 2024 to $9.9 billion in 2025 at a compound annual growth rate (CAGR) of 15.0%. The historical growth can be attributed to the rising prevalence of neurological disorders, an aging population, interdisciplinary collaboration, and surgical innovations.
The neurosurgery devices and equipment market is expected to grow rapidly, reaching $16.97 billion by 2029, with a CAGR of 14.4%. The growth is driven by minimally invasive surgery, regulatory support, telehealth, and emerging markets. Key trends will include robotic surgery, advanced imaging, personalized medicine, and remote monitoring.
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How Are Market Trends and Innovations Revolutionizing theNeurosurgery Devices And Equipment Industry in Recent Times?
The field of minimally invasive neurosurgery is evolving, offering less pain, quicker recovery, reduced scarring, and lower equipment costs. Neuroendoscopy is a minimally invasive technique used to treat conditions like hydrocephalus, remove tumors, and address vascular issues. Neurosurgery device manufacturers are integrating technologies for advanced endoscope-assisted surgeries. For instance, New York-Presbyterian Hospital/Columbia University Medical Center favors minimally invasive neurosurgeries using specialized instruments like camera-assisted endoscopes, high-powered microscopes, and computer-assisted navigation systems.
Who Are the Top Companies Driving Innovation and Growth in theNeurosurgery Devices And Equipment Market?
Major companies operating in the neurosurgery devices and equipment market include Medtronic plc, Boston Scientific Corporation, Stryker Corporation, Conmed Corporation, Smith & Nephew plc, Integra LifeSciences, Olympus Corporation, Karl Storz GmbH & Co. KG, Richard Wolf GmbH, Johnson & Johnson Services Inc., B. Braun Melsungen AG, Terumo Corporation, Boiotronic Inc., Abbott Laboratories, DePuy Synthes Companies, BrainLAB AG, Zimmer Biomet Holdings Inc., GE Healthcare, NuVasive Inc., ArthroCare Corporation, Vycor Medical Inc., Penumbra Inc., Leica Camera, Carl Zeiss AG, Moller-wedel Optical GmbH, Synaptive Medical Inc., Mizuho OSI, Monteris Medical Inc., NeuroLogica Corporation, NeuroPoint Alliance (NPA), Neurosurgery Research and Education Foundation (NREF), AiM Medical Robotics, Inner Cosmos Inc., AcureX Therapeutics, Novadip Biosciences, Rebstock Instruments GmbH, AKTORmed GmbH
Which Key Market Segments Comprise the Neurosurgery Devices And Equipment Market and Drive Its Revenue Growth?
The neurosurgery devices and equipment market covered in this report is segmented –
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
Subsegments:
1) By Neuroendoscope: Rigid Neuroendoscopes, Flexible Neuroendoscopes
2) By Stereotactic Systems: Frame-based Systems, Frameless Systems
3) By Aneurysm Clips: Titanium Aneurysm Clips, Stainless Steel Aneurysm Clips
4) By Neurostimulation Devices: Spinal Cord Stimulation (SCS) Devices, Deep Brain Stimulation (DBS) Devices, Vagus Nerve Stimulation (VNS) Devices, Sacral Nerve Stimulation (SNS) Devices
5) By Cerebrospinal Fluid (CSF) Management Devices: Shunts, Drainage Systems
6) By Neurosurgical Evacuation Devices: Hematoma Evacuation Devices, Suction Evacuation Systems
7) By Neurosurgical Navigation Systems: Optical Navigation Systems, Electromagnetic Navigation Systems, Hybrid Navigation Systems
8) By Neurosurgery Surgical Power Tools: Drills, Saws, Shavers
9) By Others: Ultrasonic Aspirators, Surgical Instruments (Forceps, Scalpels, Scissors)
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Which Regions Are Emerging as Leaders in the Neurosurgery Devices And Equipment Market?
North America was the largest region in the global neurosurgery devices and equipment market in 2023. Asia-Pacific was the second-largest region in the neurosurgery devices and equipment market. The regions covered in the neurosurgery devices and equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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