Global Neuroendoscopy
Market Report
2024
Neuroendoscopy market was valued at USD 142.7 million in 2022 and will reach USD 230.8 million by 2030, registering a CAGR of 6.2 % for the forecast period 2023-2030.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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The Neuroendoscopy market was valued at USD 142.7 million in 2022 and will reach USD 230.8 million by 2030, registering a CAGR of 6.2 % for the forecast period 2023-2030.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Neuroendoscopy Market Sales Revenue 2022 | $ 142.7 Million |
Global Neuroendoscopy Market Sales Revenue 2030 | $ 230.8 Million |
Global Neuroendoscopy Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 6.2% |
Market Split by Product |
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Market Split by Application |
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Market Split by Usability |
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Market Split by End User |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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Neuroendoscopy Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Neuroendoscopy is a procedure that refers to the endoscopy of the brain where samples of the brain tissues are taken to detect the removal of fluid or any kind of excision of tumors from the brain. Endoscopy instruments are inserted into the mouth, nose, or skull through small incisions while carrying out the procedure. Different kinds of diseases are treated with the help of neuro endoscopies such as acoustic neuromas, colloid and arachnoid cysts, hydrocephalus, skull base, and tumors of the pituitary. During the neuro endoscopy procedure, a small telescopic device with a high-resolution video camera is used for endoscopy. It is very useful for the different brain parts that can be operated on for any kind of tumor that is not detected by traditional surgery methods.
Flexible endoscopy is a kind of procedure where minimally invasive techniques are used in order to treat a different variety of gastrointestinal problems such as reflux, gastritis, difficulty in swallowing stomach pain, and digestive tract bleeding. One of the main advantages of flexible neuro endoscopy is that it is geometrically unstable and can be surfaced along a curved trajectory. Hence, flexible neuro endoscopies are estimated to boost the demand of the market.
Many developing countries such as Brazil, India, and Mexico in the healthcare sector have very few economic resources to invest in, such as sophisticated technologies and high costs of neuro endoscopy equipment. In addition, healthcare supervisors should receive training to ensure the safe, efficient handling and maintenance of neuro endoscopy devices. As the training cost of endoscopy devices is increasing day by day, only a limited number of surgeons are allowed to undergo training in neuro endoscopy procedures. Therefore, an increase in the price of the equipment as well as an increase in training makes the endoscopy procedures more expensive.
The COVID-19 pandemic had a very negative impact on the neuro endoscopy industry which decreased other technological advancements, government initiatives, and rising healthcare expenditure. Many of the neurologic procedures were not qualified as medical emergency services and were not easily accessible to the individuals during pandemic. As there was a decrease in coronavirus cases there were restrictions for the non-urgent medical services in many countries resulting in increases in the number of patients who are suffering from neurological diseases at numerous healthcare facilities.
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Clearpoint Neuro Inc. announced a strategic and commercial partnership with European surgical equipment leader Adeor Medical AG.
Solana Beach, a global therapy-enabling company that provided navigation and delivery to the brain, has entered into a strategic and commercial partnership with German-based surgical equipment leader Adeor Medical AG for power neurosurgical drill solutions.
Clearmind Biomedical had received clearance for the Axonpen system for illumination and visualization of intracranial tissue and fluid during surgery.
Axonpen was a very useful system as it is helpful for inserting a narrow channel into the brain through the skull which has various capabilities and is in the simpler form to use. In addition, it has faster access to neurosurgical interventions after suffering from hemorrhagic stroke or any kind of fluid-producing injury.
Top Companies Market Share in Neuroendoscopy Industry: (In no particular order of Rank)
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North America is dominating the neuro endoscopy market because of increase in the pituitary tumors and increasing technological advancements. Increasing minimally invasive surgeries and neurological disorders leads to market growth. The rise in the incidence of acute pediatric brain tumors also expands the growth of the market. The availability of major companies such as B Braun, and Karl Storz, in North America is one of the factors increasing the growth of the market. All these factors result in the significant growth of the market.
The current report Scope analyzes Neuroendoscopy Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
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Global Neuroendoscopy Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Neuroendoscopy Industry growth. Neuroendoscopy market has been segmented with the help of its Product, Application Usability, and others. Neuroendoscopy market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
The Neuroendoscopy market with rigid neuro endoscopes is expected to hold the largest market share from the years 2023-2030
Based on product type, the market is further segmented into rigid neuro endoscopes, rigid fiberscopes, rigid video scopes, and flexible neuro endoscopes. The rigid endoscopes segment is estimated to hold the significant neuro endoscopy market. Rigid endoscopes are made up of metal tubes that contain light channels and lenses for the purpose of detection. This technique is also used for the visualization of inaccessible parts of the brain as it is having high-resolution optical glass rod lens. Even though the rigid type is considered the oldest neuro endoscope, it is still used in the majority of surgical endoscopic applications.
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The Transnasal Neuroendoscopy segment is expected to hold the largest market share from the years 2023-2030.
This segment is further divided into transnasal neuro endoscopy, intraventricular neuro endoscopy, and transcranial neuro endoscopy. The transnasal neuro endoscopy segment is expected to hold the dominant share in the forecast period. This procedure primarily focuses on removing cysts and tumors in the pituitary gland. It is also helpful for biopsies. These procedures also help neurosurgeons to outlook the para sellar region, anterior cranial base, craniovertebral junction, and clivus part in a minimally invasive nature as compared to other procedures. This segment is mainly used for the treatment and diagnosis of severe brain tumors which will increase the transnasal neuroendoscopy segment.
The above Graph is for representation purposes only. This chart does not depict actual Market share. Please purchase the Neuroendoscopy market report 2024 Edition by contacting our team.
The disposable neuro endoscopes segment is the largest market in neuro endoscopy devices.
On the basis of usability, it is further divided into reusable neuro endoscopy and disposable neuro endoscopy. The disposable neuro endoscopes segment holds the largest market share. The cost of disposable neuro endoscopes is much lower as compared to reusable neuro endoscopes. It has one advantage that disposable neuro endoscopes are only used once and causes no harm to the environment. In addition, it is also used in developing countries due to its low cost.
The hospital segment is estimated to gain the largest share of the neuro endoscopy market during the forecast period.
This segment is further divided into hospitals and clinics, clinical laboratories, and others. The increasing number of multispecialty hospitals approving neuro endoscopy procedures along with the favorable policies will definitely expand the neuro endoscopy market size in the hospital segment. Another important factor like the presence of art facilities in the hospital segment and specialty clinics also shows the significant growth in the market. In addition, increasing government initiatives to develop such clinics in different regions of the world also increases the growth of the market.
Research Associate at Cognitive Market Research
Anushka Gore is a seasoned market researcher specializing in the dynamic landscape of the Pharmaceutical industry. With a keen analytical mind and a deep passion for healthcare advancements, she has dedicated herself unraveling the intricate market trends and consumer behaviors that shape the future of medical technologies and services.
Anushka is a highly motivated and detail-oriented research analyst with a passion for uncovering valuable insights from data. Her expertise in Market Research and business intelligence has equipped her with the skills necessary to analyze complex information and provide strategic recommendations. She thrives in dynamic environments where her analytical abilities and research expertise can contribute to informed decision-making for businesses
I played a pivotal role in conducting market research and competitive analysis. I have a demonstrated ability to synthesize diverse data sources, identify trends, and translate findings into actionable recommendations. My collaborative approach facilitated effective communication of insights, fostering a data-driven culture within the organization. I am committed to maintaining excellence through continuous learning and staying ahead of industry trends. Regular participation in conferences and professional development opportunities keeps my skills sharp and relevant.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Neuroendoscopy Market is witnessing significant growth in the near future.
In 2023, the Rigid Neuroendoscope segment accounted for noticeable share of global Neuroendoscopy Market and is projected to experience significant growth in the near future.
The Transnasal Neuroendoscopy segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Machida Endoscope , B Braun and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Disclaimer:
Product | Rigid Neuroendoscope, Rigid Fiberscopes, Rigid Videoscopes, Flexible Neuroendoscopes |
Application | Transnasal Neuroendoscopy, Intraventricular Neuroendoscopy, Transcranial Neuroendoscopy |
Usability | Reusable Neuroendoscope, Disposable Neuroendoscopy |
End User | Hospitals and Clinics, Clinical Laboratories, Others |
List of Competitors | Machida Endoscope, Olympus Corporation, B Braun, Clarus Medical LLC, Stryker, Hawk, Tonglu WANHE Medical Instrument, Hawk, Karl Storz, Medtronic, others |
This chapter will help you gain GLOBAL Market Analysis of Neuroendoscopy. Further deep in this chapter, you will be able to review Global Neuroendoscopy Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
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Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
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Qualitative Analysis for the North America Market: North America Neuroendoscopy Market Trends North America Neuroendoscopy Technological Road Map North America Neuroendoscopy Market Drivers North America Neuroendoscopy Market Restraints North America Neuroendoscopy Market Opportunity Market Attractiveness Analysis COVID – 19 Impact Analysis PESTEL Analysis Porter’s Five Forces Analysis Product Life Cycle Industrial Chain Analysis
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Chapter 3 Europe Market Analysis
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Chapter 4 Asia-Pacific Market Analysis
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Chapter 5 South America Market Analysis
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Chapter 6 Middle East and Africa Market Analysis
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Chapter 7 Top 10 Countries Analysis
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Product Analysis 2019 -2031, will provide market size split by Product. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Product Analysis 2019 -2031
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Chapter 11 Market Split by Application Analysis 2019 -2031
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Chapter 12 Market Split by Usability Analysis 2019 -2031
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Chapter 13 Market Split by End User Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Neuroendoscopy market
Chapter 14 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Rigid Neuroendoscope have a significant impact on Neuroendoscopy market? |
What are the key factors affecting the Rigid Neuroendoscope and Rigid Fiberscopes of Neuroendoscopy Market? |
What is the CAGR/Growth Rate of Transnasal Neuroendoscopy during the forecast period? |
By type, which segment accounted for largest share of the global Neuroendoscopy Market? |
Which region is expected to dominate the global Neuroendoscopy Market within the forecast period? |
Segmentation Level Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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