Neuroendoscopy Market Size Estimation, Share Analysis, Growth Drivers, Developments | Forecast – 2023

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Neuroendoscopy Market
Industry Insight, Size, Share Analysis,
Opportunity, Trends Forecast 2023
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Neuroendoscopy Market
Neuroendoscopy Market Overview
The market for the neuroendoscopy is expecting
high growth by 5.2 CAGR during the forecast
period of 2018 to 2023. Market research Future
(MRFR) makes an assessment of the market and in
the report, they declared the possibility of
surpassing the market by 2023. The increasing
prevalence of brain tumors, increasing demand for
minimally invasive surgical procedures, growing
geriatric population, and favorable reimbursement
policies are estimated to drive the global
neuroendoscopy market, during the forecast
period. However, a dearth of physicians and the
high cost of neuroendoscopy procedures and
equipment are projected to restrain the market
growth during the forecast period.
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Neuroendoscopy Market

• Neuroendoscopy Market Segmentation
• The global neuroendoscopy market is segmented on
  the basis of product, application, usability, and
  end-user.
• By products, the neuroendoscopy market is
  bifurcated into rigid neuroendoscopes and
  flexible neuroendoscopes. The rigid
  neuroendoscopes segment includes rigid video
  scopes and rigid fiberscopes. This
  sub-segmentation will aid in dealing with the
  regular various details that can impact the
  market.
• By application, the market is divided into
  intraventricular neuroendoscopy, transnasal
  neuroendoscopy, and transcranial neuro-endoscopy.
  
• By usability, the segmentation includes reusable
  neuroendoscopes and disposable neuroendoscopes.
• By end-users, the neuroendoscopy market
  encompasses medical research centers, hospitals,
  clinics, and others.
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Neuroendoscopy Market
Neuroendoscopy Market Regional Analysis
The Americas dominates the global neuroendoscopy
market owing to the increasing prevalence of
brain tumors, rising demand for minimally
invasive therapeutic procedures, the presence of
a well-developed healthcare sector, growing
geriatric population, and huge health care
expenditures. Moreover, the presence of key
players such as Stryker and Medtronic, besides
others boost the market growth. Europe is second
in the global neuroendoscopy market. This can be
due to the increasing demand for minimally
invasive surgeries, rising availability of funds
for research and development, and a huge patient
population. Asia Pacific stands third in the
global neuroendoscopy market. Asia Pacific is
projected to be the fastest growing region in the
global market owing to the presence of developing
economies, growing patient population, developing
healthcare sector, and increasing per capita
healthcare expenditures. Additionally, favorable
government policies support the market growth.
The Middle East and Africa holds the least share
in the market due to the presence of poor
economies, stringent government policies, lack of
awareness, low per capita income and poor
availability of the healthcare services,
especially within the African region.
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Neuroendoscopy Market
Neuroendoscopy Market Competitive Analysis
The key players for the global neuroendoscopy
market are KARL STORZ (Germany), B. Braun
(Germany), Machida Endoscope (Japan), Tonglu
Wanhe Medical Instrument (China), Schindler
Endoskopie (Germany), Clarus Medical (U.S.),
LocaMed (U.K), Visionsense Corporation (U.S.),
Ackermann Instrumente (Germany), Adeor Medical
(Germany), Hangzhou Hawk Optical Electronic
Instruments (China), Olympus Corporation (Japan),
Zeiss International (Germany), Stryker (U.S.),
Medtronic (U.S.), and others. Numerous companies
are taking an active interest in the global
neuroendoscopy market and they are solidifying
their position in the market by constantly
evolving their technologies. In an article
published in the Lancet in September 2019,
researchers revealed a new way of preventing
infection in patients who are expected to undergo
neuroendoscopy treatments. The treatment would
include antibiotics like rifampicin and
clindamycin or silver shunts to reduce the cost
of the procedure. It would deviate markedly from
the standard procedures.
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