Neurology Endoscopy Devices Market Size , Share , Trends , Analysis and Forecasts To 2021
Market Research analysts forecast the global neurology endoscopy devices market to grow at a CAGR of 7.20 % during the period 2017-2021 .
The following companies as the key players in the global neurology endoscopy devices market : adeor medical , Aesculap , and KARL STORZ .
Other Prominent Vendors in the market are : Ackermann , Hawk , Kapalin Biosciences , MACHIDA Endoscope , NICO , Pro Delphus , Renishaw , Richard Wolf , Rudolf Medical , WANHE Medical , and Visionsense .
Commenting on the report , an analyst from Technavio ’ s team said : “ The latest trend gaining momentum in the market is integrated neuro endoscopy with surgical devices . Neurology endoscopes are integrated with surgical devices , so there are a few companies that are focusing on surgical devices that can improve the efficiency of surgeries . NICO developed the NICO Myriad system , which is an automated disposable resection device that can be used during neurology endoscopy . The resection device is used for the resection of pituitary tumors , craniopharyngiomas , colloid cysts , and for other neurosurgical disorders .
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According to the report , one of the major drivers for this market is government initiatives and demand for brain surgeries . An increase in the prevalence of brain cancer and brain tumor cases led to a rise in healthcare costs . To reduce the burden on citizens , governments of various developed countries such as the US and the UK took some initiatives . If detected at an early stage , the disease can be treated completely and causes less psychological and financial burden on patients and the healthcare system .
Further , the report states that one of the major factors hindering the growth of this market is lack of trained neurologists . The adoption of minimally invasive surgery such as endoscopy is increasing worldwide . However , most surgeons are not qualified to perform the surgery . In addition , because of the benefits , most patients prefer minimally invasive procedures . Therefore , companies are providing training to surgeons to overcome this hurdle .
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry . The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors .
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