NEUROLOGY DEVICES MARKET ANALYSIS

Neurology Devices Market, By Device Type (CSF Management devices (CSF Shunt Devices and CSF Drainage Devices), Interventional Neurology Devices (Neuro Thromobectomy, Cerebral Balloon Angioplasty & Stents, Aneurysm Coiling, and Support Devices), Neuro-surgery Devices (Neuro-endoscopes, Sterotactic- Systems, Ultrasonic- Aspirators, and Aneurysm Clips), and Neuro-stimulation Devices (Spinal Cord Stimulation, Deep Brain Stimulation, Sacral Nerve Stimulation, Vagus Nerve Stimulation, and Gastric Nerve Stimulation)), By End user (Hospitals, Ambulatory Surgery Centers, and Others) and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) -

Published In : Jun 2023
Code : CMI3889
Pages :170
Formats :
Excel and PDF
Industry : Medical Devices

Neurology Devices MarketSize and Trends

Global Neurology Devices market is estimated to be valued at US 24.1 million in 2023 and is expected to exhibit a CAGR of 15.9% during the forecast period (2023-2030). Increase in product launches by key market players is expected to drive the market growth over the forecast period. Moreover, an increase in government funding for development of neurology devices is expected to drive the growth of the global neurology devices market over the forecast period.

Market Trends

Increasing adoption of Artificial Intelligence (AI) in neurology is expected to aid in growth of the market. For instance, according to the study ‘Artificial Intelligence Techniques for Automated Diagnosis of Neurological Disorders’, published in March 2020, on ResearchGate GmbH, computer-aided diagnosis (CAD) system using AI and advanced signal processing techniques can assist clinicians in analyzing and interpreting physiological signals and images more effectively.

Neurology Devices Market Report Coverage

Geographies covered:

Market Trends
North America: U.S. and Canada
Latin America: Brazil, Argentina, Mexico, and Rest of Latin America
Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe
Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
Middle East: GCC, Israel, and Rest of Middle East
Africa: South Africa, North Africa, and Central Africa