Technavio, a tech-focused market research firm, has published a new report on the global neurology endoscopy devices market, which is expected to grow at a CAGR of close to 7% during the forecast period 2017-2021.
Based on geographical segmentation, Technavio market researchers categorize the global neurology endoscopy devices market into the following key regions: the Americas, APAC, and EMEA.
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Top three contributors for the global neurology endoscopy devices market are elaborated below
Neurology endoscopy devices market in the Americas: The US is the major revenue contributor in the Americas. The maximum contribution of the US is due to the various factors such as better healthcare facilities, increasing adoption of minimally invasive surgical techniques, and increasing cases of nerve disorders.
According to Sapna Jha, a lead analyst at Technavio, specializing in research on orthopedics and medical devices, “The region is expected to witness increased government initiatives by improving patient care acts in developed countries such as Canada and the US. Such initiatives will encourage people to adopt healthcare services, which, in turn, will increase the market share of neurology endoscopy devices in the Americas.”
Neurology endoscopy devices market in EMEA: The market in EMEA is dominated by the countries in Western Europe. The focus on precise neurosurgery and the requirement to reduce the costs involved is driving the market in Europe. Healthcare providers and caregivers are expecting integrated value propositions from manufacturers regarding safety, performance, efficiency, and long-term cost-effectiveness.
Neurology endoscopy devices market in APAC: The market is expected to grow at a rapid pace driven by the increase in latent demand, especially in fast-growing economies such as China and India. During the forecast period, it is anticipated that an increase in investments in healthcare infrastructure and rise in disposable incomes will drive the market growth.
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The top vendors operating in the global neurology endoscopy devices market are:
- adeor medical
- Aesculap
- KARL STORZ
Other prominent vendors in the market include Ackermann, Hawk, Kapalin Biosciences, MACHIDA Endoscope, NICO, Pro Delphus, Renishaw, Richard Wolf, Rudolf Medical, WANHE Medical, and Visionsense.
A more detailed analysis is available in the Technavio market research report titled, ‘Global Neurology Endoscopy Devices Market 2017-2021’. Technavio also customizes reports by other regions and specific segments upon request.
Other related reports:
- Global Gastrointestinal Endoscopy Devices Market 2016-2020
- Global Hysteroscopes Market 2016-2020
- Global Laparoscopic Devices Market 2016-2020
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