Neurosurgery Devices Market

Industry Outlook

The global neurosurgery devices market was worth US$ 12,454.2 million in 2017 and is expected to grow at an 8.2% compound annual growth rate (CAGR) from 2018 to 2026. The market is set to grow during the forecast period owing to the influx of novel neurosurgical devices and the growing inclination towards minimally invasive surgeries. Moreover, growing incidences of spinal disorders, traumatic injuries, and endovascular surgeries are a few of the major factors driving the growth of the market. Rising prevalence and procedures related to brain tumors are also expected to drive the market for neurosurgery devices.

According to the National Brain Tumor Society, it is projected that 78,980 new cases of malignant and non-malignant brain tumors and CNS tumors will be diagnosed in the U.S. in 2018. Growing cases of brain aneurysms are further expected to assist market growth. According to estimates by the Brain Aneurysm Foundation, 6 million people in the United States—or 1 in 50 people—have an unruptured brain aneurysm. Rising life expectancy and an aging population will further increase the prevalence of various neurological disorders, thereby driving the market for neurosurgical devices. Established market players such as Medtronic, Integra Lifesciences, and Aesculap have broader product portfolios and are focusing on the development of minimally invasive surgical devices, while new entrants and niche players like Vycor and NICO Corporation are focusing on innovative products.

Market Synopsis

Minimally Invasive Neurosurgical Devices to Drive the Market

Cerebrospinal fluid management devices and neurostimulation devices held a significant share of the neurosurgery devices market and were expected to drive the market through the forecast period. The growth is driven by innovation in these segments; for instance, the uptake of antimicrobial CSF management devices and minimally invasive procedures drives the market. Minimally invasive neurosurgical devices have also been proven to improve patient outcomes, reduce hospitalization, and lower the overall cost of the procedure. Devices like NICO’s Myriad and Penumbra’s Apollo neurosurgical evacuation devices can successfully remove intracranial hemorrhage using minimally invasive techniques. Neuroendoscopes and aneurysm clips will exhibit tremendous growth during the forecast period. However, the requirement for high-skill training and the availability of these devices in emerging countries will act as major hindrances to the market.

Periods of History and Forecast

This research report presents the analysis of each segment from 2016 to 2026, considering 2017 as the base year for the research. The compound annual growth rate (CAGR) for each of the respective segments was calculated for the forecast period from 2018 to 2026.

Report Scope by Segments

The Neurosurgery Devices Market Report provides quantitative analysis as well as the most recent market trends. The market is segmented based on device type and geography.

The market is studied in order to understand the current dynamics and future trends in the global neurosurgery devices market. The study includes market size and forecasts for all considered segments presented in the report for the period from 2016 to 2026, along with respective compound annual growth rates (CAGRs) for the forecast period from 2018 to 2026, considering 2017 as the base year. The key players currently engaged in the neurosurgery devices market include Medtronic PLC, B. Braun Melsungen AG, Stryker Corporation, Boston Scientific Corporation, DePuy Synthes, Inc., Integra LifeSciences, and Biotronic, among others.

Key questions are answered in this report.

• How will the global market for neurosurgical devices perform during the forecast period from 2018 to 2026?
• What are the latest trends in the neurosurgery devices market and valuable opportunities for key players?
• Who are the leading players in the global neurosurgery devices market?
• Which region leads and grows the most in the global neurosurgery devices market?
• What are the drivers and restraints governing the global market for neurosurgical devices?
• What are the technological advancements in the global market for neurosurgical devices?

Chapter 1. Preface
1.1. Report Description
1.1.1. Study Purpose
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I – Secondary Research
1.3.2. Phase II – Primary Research
1.3.3. Phase III – Expert Panel Review
1.3.4. Assumptions
1.4. Market Segmentation

Chapter 2. Executive Summary
2.1. Global ND Market Portraiture
2.2. Global ND Market, by Device Type, 2017 (US$ Mn)
2.3. Global ND Market, by Geography, 2017 (US$ Mn)

Chapter 3. Neurosurgery Devices (ND) Market Dynamics and Outlook
3.1. Market Overview
3.2. Drivers
3.3. Challenges
3.4. Opportunities
3.5. Attractive Investment Proposition, by Geography, 2017
3.6. Competitive Analysis: Global ND Market, by Key Players, 2017

Chapter 4. Global Neurosurgery Devices (ND) Market, by Device Type, 2016-2026 (US$ Mn)
4.1. Overview
4.2. Neuroendoscope
4.3. Stereotactic Systems
4.4. Aneurysm Clips
4.5. Neurostimulation Devices
4.6. Cerebrospinal Fluid Management Devices
4.7. Neurosurgical Evacuation Device
4.8. Neurosurgical Navigation Systems
4.9. Neurosurgery Surgical Power Tools
4.10. Others (Ultrasonic Aspirators, Surgical Instruments, etc.)

Chapter 5. Global Neurosurgery Devices (ND) Market, by Geography, 2016 – 2026 (US$ Mn)
5.1. North America ND Market Analysis, 2016 – 2026
5.1.1. North America ND Market, by Device Type, 2016 – 2026 (US$ Mn)
5.1.2. North America ND Market, by Country, 2016 – 2026 (US$ Mn)
5.1.2.1. U.S.
5.1.2.2. Canada
5.2. Europe ND Market Analysis, 2016 – 2026
5.2.1. Europe ND Market, by Device Type, 2016 – 2026 (US$ Mn)
5.2.2. Europe ND Market, by Country/Region, 2016 – 2026 (US$ Mn)
5.2.2.1. U.K.
5.2.2.2. Germany
5.2.2.3. Rest of Europe
5.3. Asia Pacific ND Market Analysis, 2016 – 2026
5.3.1. Asia Pacific ND Market, by Device Type, 2016 – 2026 (US$ Mn)
5.3.2. Asia Pacific ND Market, by Country/Region, 2016 – 2026 (US$ Mn)
5.3.2.1. China
5.3.2.2. Japan
5.3.2.3. Rest of Asia Pacific
5.4. Latin America ND Market Analysis, 2016 – 2026
5.4.1. Latin America ND Market, by Device Type, 2016 – 2026 (US$ Mn)
5.4.2. Latin America ND Market, by Country/Region, 2016 – 2026 (US$ Mn)
5.4.2.1. Brazil
5.4.2.2. Mexico
5.4.2.3. Rest of Latin America
5.5. Middle East & Africa ND Market, 2016 – 2026
5.5.1. Middle East & Africa ND Market, by Device Type, 2016 – 2026 (US$ Mn)
5.5.2. Middle East & Africa ND Market, by Region, 2016 – 2026 (US$ Mn)
5.5.2.1. GCC
5.5.2.2. Rest of Middle East & Africa

Chapter 6. Company Profiles
6.1. B. Braun Melsungen AG
6.1.1. Business Description
6.1.2. Financial Information (Subject to Data Availability)
6.1.3. Product Portfolio
6.1.4. News Coverage
6.2. Medtronic PLC
6.3. Boston Scientific Corporation
6.4. St. Jude’s Medical (Abbott)
6.5. Stryker Corporation
6.6. DePuy Synthes, Inc.
6.7. Brainlab
6.8. Terumo Corporation
6.9. Integra LifeSciences
6.10. Biotronik
6.11. Penumbra, Inc.

List of Figures

FIG 1. Neurosurgery Devices (ND) Market: Research Methodology
FIG 2. ND Market Segmentation
FIG 3. Global ND Market, by Device Type, 2017 (US$ Mn)
FIG 4. Global ND Market, by Geography, 2017 (US$ Mn)
FIG 5. Attractive Investment Proposition, by Geography, 2017
FIG 6. Competitive Analysis: Global ND Market, by Key Players, 2017
FIG 7. Global Neuroendoscope Market, 2016-2026 (US$ Mn)
FIG 8. Global Stereotactic Systems Market, 2016-2026(US$ Mn)
FIG 9. Global Aneurysm Clips Market, 2016-2026(US$ Mn)
FIG 10. Global Neurostimulation Devices Market, 2016-2026(US$ Mn)
FIG 11. Global Cerebrospinal Fluid Management Devices Market, 2016-2026(US$ Mn)
FIG 12. Global Neurosurgical Evacuation Device Market, 2016-2026(US$ Mn)
FIG 13. Global Neurosurgical Navigation Systems Market, 2016-2026(US$ Mn)
FIG 14. Global Neurosurgery Surgical Power Tools Market, 2016-2026(US$ Mn)
FIG 15. Global Other Devices Market, 2016-2026(US$ Mn)
FIG 16. U.S. ND Market, 2016-2026 (US$ Mn)
FIG 17. Canada ND Market, 2016-2026 (US$ Mn)
FIG 18. U.K. ND Market, 2016-2026 (US$ Mn)
FIG 19. Germany ND Market, 2016-2026 (US$ Mn)
FIG 20. Rest of Europe ND Market, 2016-2026 (US$ Mn)
FIG 21. China ND Market, 2016-2026 (US$ Mn)
FIG 22. Japan ND Market, 2016-2026 (US$ Mn)
FIG 23. Rest of Asia Pacific ND Market, 2016-2026 (US$ Mn)
FIG 24. Brazil ND Market, 2016-2026 (US$ Mn)
FIG 25. Mexico ND Market, 2016-2026 (US$ Mn)
FIG 26. Rest of Latin America ND Market, 2016-2026 (US$ Mn)
FIG 27. GCC ND Market, 2016-2026 (US$ Mn)
FIG 28. Rest of Middle East & Africa ND Market, 2016-2026 (US$ Mn)

List of Tables

TABLE 1 Global Neurosurgery Devices (ND) Market Portraiture
TABLE 2 Global ND Market, by Device Type, 2016 – 2026 (US$ Mn)
TABLE 3 Global ND Market, by Geography, 2016 – 2026 (US$ Mn)
TABLE 4 North America ND Market, by Device Type, 2016 – 2026 (US$ Mn)
TABLE 5 North America ND Market, by Country, 2016 – 2026 (US$ Mn)
TABLE 6 Europe ND Market, by Device Type, 2016 – 2026 (US$ Mn)
TABLE 7 Europe ND Market, by Country/Region, 2016 – 2026 (US$ Mn)
TABLE 8 Asia Pacific ND Market, by Device Type, 2016 – 2026 (US$ Mn)
TABLE 9 Asia Pacific ND Market, by Country/Region, 2016 – 2026 (US$ Mn)
TABLE 10 Latin America ND Market, by Device Type, 2016 – 2026 (US$ Mn)
TABLE 11 Latin America ND Market, by Country/Region, 2016 – 2026 (US$ Mn)
TABLE 12 Middle East & Africa ND Market, by Device Type, 2016 – 2026 (US$ Mn)
TABLE 13 Middle East & Africa ND Market, by Region, 2016 – 2026 (US$ Mn)
TABLE 14 B. Braun Melsungen AG: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 15 Medtronic PLC: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 16 Boston Scientific Corporation: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 17 St. Jude’s Medical (Abbott): Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 18 Stryker Corporation.: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 19 DePuy Synthes, Inc.: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 20 Brainlab: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 21 Terumo Corporation: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 22 Integra LifeSciences: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 23 Biotronik: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 24 Penumbra, Inc.: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)