Neuroendoscopy Market Worth 218.9 Million USD by 2022

Tuesday, April 10, 2018 Research News
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PUNE, India, April 10, 2018 /PRNewswire/ --

According to a new market research report "Neuroendoscopy Market by Product (Rigid (Videoscope, Fiberscope), Flexible endoscope), Usability (Reuse and Disposable), Application (Transnasal, Intraventricular, and Transcranial), Region (North America, Europe, Asia) - Global Forecast to 2022

", published by MarketsandMarkets™, the global market is expected to reach USD 218.9 Million by 2022 from USD 170.5 Million in 2017, at a CAGR of 5.1%.

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Browse 75 market data Tables and 22 Figures spread through 101 Pages and in-depth TOC on "Neuroendoscopy Market"

https://www.marketsandmarkets.com/Market-Reports/neuroendoscopy-market-68126508.html

Early buyers will receive 10% customization on this report

The growth of the Neuroendoscopy Market is attributed to favorable government initiatives, rising prevalence of neurological disorders, and benefits of neuroendoscopic surgery over conventional brain surgery.

Rigid neuroendoscopes dominated the market in 2017. 

Based on product, the Neuroendoscopy Market is segmented into rigid neuroendoscopes and flexible neuroendoscopes. The rigid neuroendoscopy segment is further classified into rigid videoscopes and rigid fiberscopes. In 2017, the rigid neuroendoscopes segment accounted for the largest share of the Neuroendoscopy Devices market. This large share can be attributed to their reduced size, affordable pricing, and shock resistance.

Based on application, the transcranial neuroendoscopy segment is projected to grow at the highest CAGR during the forecast period. 

Based on application, the Neuroendoscopy Market is segmented into intraventricular neuroendoscopy, transcranial neuroendoscopy, and transnasal neuroendoscopy. The transcranial segment is expected to register the highest CAGR during the forecast period. The growth of this segment can be attributed to their wide application in the diagnosis and treatment of larger tumors with significant suprasellar extension and growing incidence of brain tumors in the population.

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North America dominated the Neuroendoscopy Market in 2017 

In 2017, North America dominated the market followed by Europe. The large share of this geographical segment is attributed to favorable reimbursement scenario in the US, rising incidence of cancer, increasing investments by hospitals to purchase new neuroendoscopic equipment, increasing research activities, and implementation of a new funding model for Canadian hospitals.

The Neuroendoscopy Market includes various small and large players. Key players in this market are KARL STORZ (Germany), B.Braun Aesculap (Germany), Ackermann Instrumente (Germany), Adeor Medical (Germany), Hawk (China), Machida (Japan), Tonglu Wanhe Medical (China), Schindler (Germany), Clarus (US), LocaMed (UK), and Visionsense (US).

Know more about the Neuroendoscopy Market: 

https://www.marketsandmarkets.com/Market-Reports/neuroendoscopy-market-68126508.html

About MarketsandMarkets™  

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

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SOURCE MarketsandMarkets

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