CRANIAL STABILIZATION DEVICES MARKET ANALYSIS

Market Challenges And Opportunities

Cranial Stabilization Devices Market – Drivers

Increasing prevalence of neurological disorders is expected to boost the cranial stabilization devices market growth during the forecast period. For instance, in 2015, Global Burden of Disease Study surveyed that neurological disorders are the major cause of disability and death worldwide. The burden of neurological disorders has increased by 36·7% over the past 25 years from 1990 to 2015.

Cranial Stabilization Devices Market – Restraints

Several medical device reimbursement challenges is expected to hamper the cranial stabilization devices market growth.  In many countries, the medical device reimbursement rates are based on standing formulas applied to the procedure or types of device and not on the technology or features of the individual manufacturer. This prevents medical device manufacturing companies to invest in the development of medical devices with advanced technologies.