Global Neurosurgical Products Market is valued USD 4.2 billion in 2016 is anticipated to grow USD 10.96 billion with the compounded annual growth of 11.25 % over the forecast period 2017-2025.
New York 26 Aug 2018, As per the new research study conducted by Bizwit Research & Consulting, Global Neurosurgical Products Market industry is poised to raise USD 10.96 billion by 2025 Embolization Product, Neurosurgical Endoscopes, Stereo Tactic Radio surgery System, Aneurysm and AVM clips,& Shunts are the product of the Global Neurosurgical Products Market. End Applications market is further segmented at the regional level. Regional penetration for each Application is derived from the macroeconomic factors such as Per-capita Income size, GDP, & International trade The regional level applications are further segmented into End user based on their usage in respective applications..
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The industry is seems to be fairly competitive Some of the key manufacturers involved in the market are Boston Scientific Corp, DePuy Synthes Inc. (a subsidiary of Johnson & Johnson), Stryker Corp, Integra Life sciences Corp, MicroVention Inc, Penumbra Inc, Cyberonicsin inc & Medtronic PLC. Acquisitions and effective mergers are some of the strategies adopted by the key manufacturers. New product launches and continuous technological innovations are the key strategies adopted by the major players. Additionally, the fierce competitiveness has made these players spend in product developments to improve the customer’s requirement
Key findings of the study:
- North America is projected to be the largest market for neurosurgical products.
- Asia Pacific is expected to be the fastest-growing region in terms of revenue.
- Stereotactic Radiosurgery is projected to be the fastest-growing neurosurgical product type segment over the forecast period..
Bizwit Research & Consulting LLP has considered following segments for the study:
- Embolization Product
- Neurosurgical Endoscopes
- Stereo Tactic Radio surgery System
- Aneurysm and AVM clips
- North America
- Asia Pacific
- Latin America
- Rest of the World