Neurology devices are medical devices designed for the diagnosis, treatment, and monitoring of conditions that affect the nervous system, including the brain, spinal cord, and peripheral nerves. Neurology devices are used in the treatment of Alzheimer’s, Parkinson’s, acute spinal cord injury, amyotrophic lateral sclerosis, ataxia, Bell's palsy, brain tumors, cerebral aneurysm, epilepsy, seizures, and other neurological disorders. Neurological devices can be used to help restore hearing and sight and provide increased function for those with limb loss or congenital limb differences. Examples of neurological devices include neuro diagnostics, neuro interventional, and neuro stimulation devices. Neurology is the branch of medicine dealing with the diagnosis and treatment of all categories of conditions and disease involving the nervous system, which comprises the brain, the spinal cord and the peripheral nerves. Neurological practice relies heavily on the field of neuroscience, the scientific study of the nervous system.
Market Dynamics
Increasing prevalence of neurological disorders is expected to drive the growth of the global neurology devices market over the forecast period. For instance, data published in March 2020, on “Alzheimer’s Association”, stated that there were approximately 5.8 million people in the U.S. who had Alzheimer disease in 2020.
Key features of the study:
- This report provides an in-depth analysis of the global neurology devices market, and provides market size (US$ Million) and compound annual growth rate (CAGR%) for the forecast period (2023–2030), considering 2022 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global neurology devices market based on the following parameters– company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include B. Braun Melsungen AG, Boston Scientific Corporation, BIONIK Laboratories Corp., Integra LifeSciences Holdings Corporation, Johnson and Johnson, Magstim Co Ltd., Braintale SAS, Medtronic, Abbott, Zimmer Biomet, Stryker Corporation, Helius Medical Technologies, Inc., Avanos Medical, Inc., W.L. Gore & Associates, Inc., HeadsafeIP Pty Ltd., Cerus Endovascular Ltd., and Cyberonics, Inc
- The global neurology devices market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global neurology devices market
Detailed Segmentation:
- Global Neurology Devices Market, By Device Type :
- CSF Management devices
- CSF Shunt Devices
- CSF Drainage Devices
- Interventional Neurology Devices
- Neuro Thromobectomy
- Cerebral Balloon Angioplasty & Stents
- Aneurysm Coiling
- Support Devices
- Neuro-surgery Devices
- Neuro-endoscopes
- Sterotactic Systems
- Ultrasonic Aspirators
- Aneurysm Clips
- Neuro-stimulation Devices
- Spinal Cord Stimulation
- Deep Brain Stimulation
- Sacral Nerve Stimulation
- Vagus Nerve Stimulation
- Gastric Nerve Stimulation
- Global Neurology Devices Market, By End User:
- Hospitals
- Ambulatory Surgery Centers
- Others
- Global Neurology Devices Market, By Region:
- North America
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Europe
- Germany
- U.K.
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- GCC
- Israel
- Rest of Middle East
- Africa
- South Africa
- Central Africa
- North Africa
- Company Profiles
- B.Braun Melsungen AG
- Boston Scientific Corporation
- BIONIK Laboratories Corp.
- Integra LifeSciences Holdings Corporation
- Johnson and Johnson
- Magstim Co Ltd.
- Braintale SAS
- Medtronic
- Abbott
- Zimmer Biomet
- Stryker Corporation
- Helius Medical Technologies, Inc.
- Avanos Medical, Inc.
- W.L. Gore & Associates, Inc.
- HeadsafeIP Pty Ltd.
- Cerus Endovascular Ltd.
- Cyberonics, Inc
