Neuroendoscopy Market Outlook - 2027
Neuroendoscopy market size is expected to grow in upcoming years due to factors such as rise in prevalence of neurological disorders and increase in favorable initiatives taken by the government regarding neuroendoscopy. Advantages of neuroendoscopy over conventional brain surgery is boosting the growth for the market.
Neuroendoscopy procedure refers endoscopy of brain in which samples of brain tissue are taken for diagnosis, removal of fluid, excision of tumors from the brain. During the procedure the endoscopy instruments are inserted into the skull, mouth or nose through small incisions. Some of the diseases which can be treated with the help of neuroendoscopy are skull base, acoustic neuromas, hydrocephalus, colloid and arachnoid cysts and tumors pf pituitary. During neuroendoscopy procedure a tiny telescopic device with a high- resolution video camera is used for endoscopy. With use of neuroendoscopy different parts of brain can be navigated which are not diagnosed by traditional surgery.
COVID-19 scenario analysis:
To take care of infected population the demand for medical supplies is increasing. Respiratory support devices such as atomizer, life-support machine, oxygen generator, and monitor are among the majorly used medical devices in primary clinical treatment. Moreover, COVID-19 has led to a huge surge in demand for medical supplies such as personal protective equipment including masks, gloves, and protective eyeglasses. With rise in number of COVID-19 cases worldwide, the need for medical supplies keeps on rising among, both from healthcare professionals and civil population for precautionary measures. Manufacturers of these products have a chance to capitalize this increased demand of medical supplies to ensure adequate and continuous supply of personal protective equipment in the market. Considering these factors, COVID -19 is expected to have significant impact on Neuroendoscopy Market.
Top Impacting factors:
- Factors such as rise in prevalence of neurological disorders and increase in technological advancements in field of endoscopy is expected to drive the growth for neuroendoscopy market.
- Favorable initiatives taken by the government and advantages of neuroendoscopy as compared to traditional surgery is expected to boost the market growth.
- Rise in demand for neuroendoscopy due to increase in awareness and its advantages such as less pain, fast recovery and minimal scarring has resulted in growth for the neuroendoscopy market.
- However, high costs associated with neuroendoscopy procedure and equipment and downward pricing pressure is expected to hamper the growth of neuroendoscopu market up to some extent over the forecast period.
New Product Launch / News:
- In 2019, With the launch of advanced neurosurgical unit, Kauvery Hospital will be at the forefront for providing cutting-edge neurology treatment. Unit is equipped newly unveiled 3D microscope and robotic surgical device
- In 2018, KARL STORZ Launched New 4 mm Endoscopic NIR/ICG Fluorescence Imaging System to Enhance Minimally Invasive Neurosurgery. The KARL STORZ NIR/ICG Imaging System enables live visualization of structural landmarks beneath the tissue surface, with no latency, using near-infrared (NIR) imaging to detect indocyanine green (ICG), an optical imaging agent administered to the patient during the procedure.
Key benefits of the report:
- This study presents the analytical depiction of the Neuroendoscopy Market along with the current trends and future estimations to determine the investments.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the Market share.
- The current Neuroendoscopy market is quantitatively analyzed to highlight the Market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides a detailed Neuroendoscopy Market analysis based on competitive intensity and how the competition will take shape in coming years.
Questions answered in the Neuroendoscopy Market Report:
- What are the leading market players active in Neuroendoscopy Market?
- What the current trends will influence the market in the next few years?
- What are the driving factors, restraints, and opportunities in the market?
- What are the projections for the future that would help in taking further strategic steps?
- What Segments and region will drive the market growth & why?
Key Market Segments
- By Product
- Rigid
- Rigid Videoscopes
- Rigid Fiberscopes
- Flexible
- By Application
- Transnasal
- Intraventricular
- Transcranial
- By Usability
- By End Users
- Hospitals
- Ambulatory surgical centers
- Diagnostic centers
- Others
- By Region
- North America
- Europe
- Germany
- France
- UK
- Spain
- Italy
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- Australia
- Rest of Asia-Pacific
- LAMEA
- Brazil
- South Africa
- Saudi Arabia
- Rest of LAMEA
Key Market Players
- LocaMed
- Hangzhou Hawk Optical Electronic Instruments
- Tonglu Wanhe Medical Instrument
- Ackermann Instrumente
- KARL STORZ
- Machida Endoscope
- Adeor Medical
- FUJIFILM Holding Corporation.
- B. Braun
- Visionsense Corporation
- Schindler Endoskopie
- Clarus Medical
