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

Regional Analysis

Global Neurology Devices Market- Regional Analysis

Among all regions, North America is expected to dominate the global neurology devices market over the forecast period. This is attributed to an increase in the adoption of inorganic growth strategies such as collaboration by the key players in the market. For instance, in March 2021, Brain Scientific Inc., a neurology focused medical device and software company, announced a collaboration with JelikaLite, a company developing Cognilum, a non-invasive wearable photo-bio modulation device that is being developed to increase the well-being of children living with autism, through a clinical trial titled “Trans cranial Photo-bio modulation for Reducing Autism Symptoms in Children.”

Asia Pacific region is expected to be the second dominating region over the forecast period, due to an increase in the product launch in the region. For instance, according to a data published in November 2022, on South China Morning Post Publication, stated that Chinese researchers have launched an open-source platform for a brain-computer interface (BCI) that can integrate dozens of currently available software into one place. BCI, also known as brain-machine interface, is a technology that can translate a user’s brain activity into messages or commands for interactive applications. It is a direct communication pathway between the brain’s electrical activity and an external device, usually a computer or robotic limb.

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