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Neurology Devices Market 2019: Comprehensive Analysis by Top Key Companies, Industry Growth, Size, Share, Market Insights, Sales Volume and Forecast to 2024

Neurology

The “Neurology Devices Market” 2019 report provides market size (value and volume), market share, growth rate by types, applications, and combines both qualitative and quantitative methods to make micro and macro forecasts in different regions or countries. Neurology Devices Market report also aims to provide useful and comprehensive insights into current market trends and future growth scenarios. Neurology Devices market report contains information like SWOT analysis, business highlights, strength, weakness, threats and opportunities of industry.

Top Manufacturers of Neurology Devices Market Are:

  • B. Braun Melsungen AG
  • Boston Scientific Corporation
  • Stryker Corporation
  • Medtronic PLC
  • Abbott Laboratories
  • Johnson and Johnson
  • Smith & Nephew
  • MicroPort Scientific Corporation
  • Nihon Kohden Corporation
  • Penumbra Inc.

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    Market Overview:

  • The key factors propelling the growth of the market are the increasing incidence of neurological disorders, huge investments by private players in neurology devices, increase in R&D in the field of neurotherapies, and rising aging population.
  • The growth of the global neurology devices market is attributed to the increasing incidence of neurological disorders that include brain aneurysms, brain tumors, epilepsy, memory disorders, multiple sclerosis, Parkinson’s disease, peripheral neuropathy, post-herpetic neuralgia, spinal cord tumor, and stroke.
  • The increasing healthcare spending, increasing foreign direct investment by global medical device manufactures, and increasing neurological disease prevalence are expected to drive the overall market growth.

    Scope of the Report:

  • As per the , neurological devices are medical devices that help to diagnose, prevent, and treat a variety of neurological disorders and conditions, such as Alzheimer’s disease, Parkinson’s disease, major depression, and traumatic brain injury. The growth of neurological devices is being driven through an emphasis on developing superior neuromodulation and neurostimulation techniques, leveraging minimally invasive procedures that benefit patients. This has resulted in companies investing more in R&D, in an effort to better treat and rehabilitate the brain.

    Neurology Devices Market Report Answers the Following Questions:

    • What will the market size and the growth rate be in 2024?
    • What are the key factors driving the global Neurology Devices market?
    • What are the key market trends impacting the growth of the global Neurology Devices market?
    • What are the challenges to market growth?
    • Who are the key vendors in the global Neurology Devices market?
    • What are the market opportunities and threats faced by the vendors in the global Neurology Devices market?
    • Trending factors influencing the market shares of the relevant regions.
    • What are the key outcomes of the five forces analysis of the global Neurology Devices market?

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    Key Market Trends:

    Sacral Nerve Stimulation Devices is the Segment under Neurostimulation Devices that is Expected to Grow Fastest during the Forecast Period

    The sacral nerve stimulation devices are mostly used for patients for whom drug therapy or other types of medications are not successful. It is performed with the help of a small device, which is capable of sending electrical impulses to the targeted sacral nerves located in the lower back region. These devices are found to be successful in treating bladder problems. Hence, with increasing incidences of overactive bladder, the sacral nerve stimulation devices segment is expected to grow during the forecast period.

    The deep brain stimulation devices are also being used to perform deep brain stimulation procedures, by implanting a medical device that is capable of sending electrical impulses to specific target areas in the brain. These devices are generally used to treat neuropsychiatric disorders and are effectively used in treating various other neurological disorders, like Parkinson’s disease, essential tremor, dystonia, chronic pain, major depression, and obsessive-compulsive disorder.

    Asia-Pacific Registered the Fastest Growth and is Expected to Follow the Same Trend over the Forecast Period

    The Asia-Pacific region is expected to grow, due to the presence of high unmet medical needs, coupled with rapidly rising healthcare R&D investments and growing medical expenditures in emerging economies, such as India and China. There are also a number of government initiatives that are expected to increase over the forecast period.

    Market Dynamics: –

    • Drivers: (Developing regions and growing markets)
    • Limitations: (Regional, Key Player facing Issues, Future Barriers for growth)
    • Opportunities: (Regional, Growth Rate, Competitive, Consumption)

    The report provides key statistics on the market status of the Neurology Devices Market manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the Neurology Devices.

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    Report Objectives:

    • Analyzing the size of the Neurology Devices market on the basis of value and volume.
    • Accurately calculating the market segments, consumption, and other dynamic factors of different sections of the global Neurology Devices market.
    • Determining the key dynamics of the Neurology Devices market.
    • Highlighting significant trends of the Neurology Devices market in terms of manufacture, revenue, and sales.
    • Deeply summarizing top players of the Neurology Devices market and showing how they compete in the industry.
    • Studying industry processes and costs, product pricing, and various trends related to them.
    • Displaying the performance of different regions and countries in the global Neurology Devices market.

    Detailed TOC of Neurology Devices Market Report 2019-2024:

    1 INTRODUCTION
    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study

    2 RESEARCH METHODOLOGY

    3 EXECUTIVE SUMMARY

    4 MARKET DYNAMICS
    4.1 Market Overview
    4.2 Market Drivers
    4.2.1 Increase in Incidence of Neurological Disorders
    4.2.2 Huge Investments by Private Players in Neurology Devices
    4.2.3 Increase in R&D in the Field of Neurotherapies
    4.2.4 Rise in the Aging Population
    4.3 Market Restraints
    4.3.1 High Cost of Equipment
    4.3.2 Stringent FDA Validation and Guidelines for New Devices
    4.4 Porter’s Five Forces Analysis
    4.4.1 Threat of New Entrants
    4.4.2 Bargaining Power of Buyers/Consumers
    4.4.3 Bargaining Power of Suppliers
    4.4.4 Threat of Substitute Products
    4.4.5 Intensity of Competitive Rivalry

    5 MARKET SEGMENTATION
    5.1 By Type of Device
    5.1.1 Cerebrospinal Fluid Management Devices
    5.1.2 Interventional Neurology Devices
    5.1.2.1 Interventional/Surgical Simulators
    5.1.2.2 Neurothrombectomy Devices
    5.1.2.3 Carotid Artery Stents
    5.1.2.4 Embolic Coils
    5.1.2.5 Support Devices
    5.1.3 Neurosurgery Devices
    5.1.3.1 Neuroendoscopes
    5.1.3.2 Stereotactic Systems
    5.1.3.3 Aneurysm Clips
    5.1.3.4 Other Neurosurgery Devices
    5.1.4 Neurostimulation Devices
    5.1.4.1 Spinal Cord Stimulation Devices
    5.1.4.2 Deep Brain Stimulation Devices
    5.1.4.3 Sacral Nerve Stimulation Devices
    5.1.4.4 Other Neurostimulation Devices
    5.1.5 Other Types of Devices
    5.2 Geography
    5.2.1 North America
    5.2.1.1 United States
    5.2.1.2 Canada
    5.2.1.3 Mexico
    5.2.2 Europe
    5.2.2.1 Germany
    5.2.2.2 United Kingdom
    5.2.2.3 France
    5.2.2.4 Italy
    5.2.2.5 Spain
    5.2.2.6 Rest of Europe
    5.2.3 Asia-Pacific
    5.2.3.1 China
    5.2.3.2 Japan
    5.2.3.3 India
    5.2.3.4 Australia
    5.2.3.5 South korea
    5.2.3.6 Rest of Asia-Pacific
    5.2.4 Middle East & Africa
    5.2.4.1 GCC
    5.2.4.2 South Africa
    5.2.4.3 Rest of Middle East & Africa
    5.2.5 South America
    5.2.5.1 Brazil
    5.2.5.2 Argentina
    5.2.5.3 Rest of South America

    6 COMPETITIVE LANDSCAPE
    6.1 Company Profiles
    6.1.1 B. Braun Melsungen AG
    6.1.2 Boston Scientific Corporation
    6.1.3 Stryker Corporation
    6.1.4 Medtronic PLC
    6.1.5 Abbott Laboratories
    6.1.6 Johnson and Johnson
    6.1.7 Smith & Nephew
    6.1.8 MicroPort Scientific Corporation
    6.1.9 Nihon Kohden Corporation
    6.1.10 Penumbra Inc.

    7 MARKET OPPORTUNITIES AND FUTURE TRENDS

     

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