Neurology Devices Market
Neurology Devices Market Analysis By Product (Cerebrospinal Fluid Management Devices, Interventional Neurology Devices, Neurosurgery Devices, Neurostimulation Devices), By End User (Hospitals, Ambulatory Surgery Centers, Neurology Clinics) & Region - Global Market Insights 2022 to 2027
Analysis of Neurology Devices market covering 30 + countries including analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Neurology Devices Market Outlook (2022-2027)
As per a new Fact.MR analysis, global sales of neurology devices are anticipated to increase at a CAGR of 6.2% from 2022 to 2027. At present, the global neurology devices market is valued at US$ 9.6 billion and is projected to reach a market size of US$ 13 billion by 2027.
Demand for cerebrospinal fluid management devices is expected to rise faster at a CAGR of 6.5% through 2027. Segment growth is attributed to the incorporation of new and improved sensors in cerebrospinal fluid management devices to enhance the accuracy of diagnosis.
Report Attributes |
Details |
|---|---|
|
Neurology Devices Market Size (2022) |
US$ 9.6 Billion |
|
Projected Market Value (2027) |
US$ 13 Billion |
|
Global Market Growth Rate (2022-2027) |
6.2% CAGR |
|
Market Share of Cerebrospinal Fluid Management Devices |
30% |
|
Share in Medical Devices Market (2022) |
2% |
|
Key Companies Profiled |
|
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Revenue Analysis of Neurology Devices (2017-2021) Vs. Market Estimations (2022-2027)
“Growing Public Awareness about Early Detection of Neurological Disorders to Boost Market Value”
According to Fact.MR, a market research and competitive intelligence provider, global demand for neurology devices is projected to increase at a CAGR of 6.2% from 2022 to 2027.
Neurovascular illnesses might cause the patient to experience significant disability because they are brought on by inadequate or constrained blood and oxygen supply to the brain. The rising prevalence of neurological disorders in the general population is expected to increase the demand for neurology products.
Neurosurgery devices are used to treat neurological diseases with pathophysiological problems that impact the brain, spinal cord, and nervous system. The culmination of technological growth in the field of neurological products has been the creation of innovative neurological devices that can hasten the rate of product adoption.
Rapid urbanization and industrialization, innovation in neurointerventional devices, a large patient pool, an increase in the number of private hospitals and diagnostic facilities, and growing public awareness about the early detection of neurological disorders are some of the factors driving market growth.
Why is Demand for Neurology Devices Set to Boom?
“Advent of Technologically Advanced Neurology Devices”
Increasing research activities in neurovascular therapies, favorable reimbursement policies, product development and commercialization, and advances in healthcare infrastructure across emerging markets are anticipated to propel market expansion.
The market for interventional neurology devices is expanding due to the advent of technologically advanced neurology systems, including carotid artery stents and flow diverters, which are supported by solid clinical data.
The rising demand for minimally-invasive neurosurgical procedures is a major driver fueling market revenue. These techniques are becoming more popular because they offer many benefits over conventional surgical procedures, including lower costs, increased operational safety & efficacy, speedier patient recovery, and shorter hospital stays.
Neurovascular devices are widely used in stroke treatment. The frequency of strokes worldwide has been rising as a result of several causes, including growing urbanization, a sedentary lifestyle, and stress.
Medical experts and neurosurgeons are increasingly considering neuroprotection therapeutics that can successfully lower the probability of patient death or the complexity of neurovascular illnesses. The need for efficient neurovascular treatments is continuously increasing due to the rising number of patients with neurovascular diseases and an increase in the intensity of medical conditions in target patients.
Market growth is anticipated to be fueled by continuous improvements in imaging technologies and the ensuing creation of neurology diagnostics devices. Another contributing factor that is anticipated to increase the demand for neurology instruments over the forecast period is the ongoing growth in the number of neuroinformatics-related projects for the provision of effective algorithms.
Neurology equipment manufacturers are investing in the research and development of implantable wireless neurostimulators to treat neurological and psychiatric conditions. Neuromodulation devices are placed inside the cranium to connect with the brain and activate body nerves. By appropriately altering brain signals, these devices are utilized to treat bipolar conditions, brain injury, anxiety, and depression.
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What Could Impede Neurology Device Demand Growth?
“High Cost & Unfavorable Reimbursement Policies”
Market expansion is constrained by many adverse factors. The total cost of ownership for these devices would increase due to maintenance costs and other indirect costs, which would limit their adoption.
Budget restrictions prevent small hospitals and independent ambulatory surgery centers from purchasing advanced equipment. Due to exorbitant costs and unfavorable reimbursement policies, only a small percentage of patients can afford neurological therapies.
The high cost of R&D and the lengthy government approval procedures are a few issues that might limit market expansion.
How are Emerging Market Players Making a Mark in This Space?
“New Market Entrants Focused on Advancements in Neurological Medical Devices”
A condition known as hydrocephalus causes an abnormal accumulation of intracranial fluid in the brain cavities. The implantation of a shunt to drain the surplus accumulation is one of the traditional treatments for chronic hydrocephalus. Data on intracranial pressure is continuously monitored and collected by newer systems, such as Internet of Things (IoT) sensors.
New companies offer neuromodulation solutions to help patients manage their discomfort from neurological illnesses. Aspiring market players are working on developments in neurological medical devices.
- A French start-up, Neurallys, offers a sensor that requires little to no surgery to treat hydrocephalus. Along with the intracranial fluid drainage valve, the pressure sensor is embedded, continuously monitoring and gathering real-time intracranial pressure data. In the situation of any irregularities, the sensor warns physicians and communicates the data via a smartphone.
Which Region Accounts for High Sales of Neurology Devices?
“High Use of Neurology Diagnostic Equipment in North America”
North America accounts for the highest share of the neurology devices market. Increased use of neurology diagnostic equipment, an expanding target patient population for neurovascular illnesses, and ongoing government attempt to update and extend the healthcare infrastructure are all factors contributing to market revenue growth.
Rising funding from various organizations for the development of neurology monitoring devices, favorable reimbursement policies, and increasing research and development activities are the factors driving market growth in the region. Furthermore, because of the availability of affordable equipment, the use of neurological devices has expanded in North America.
Country-wise Insights
Why is the U.S. Neurology Devices Market Expected to Grow Rapidly?
“Rise in Minimally-invasive Neurology Treatments”
The use of neurology devices in the U.S. is projected to increase due to an increase in emergency room visits, neurology operations, and trauma cases. The rise in minimally-invasive neurology treatments, the presence of suppliers of neurology devices, and the continuous growth of emergency care facilities are the main drivers of the neurology devices market in the U.S.
Additionally, during the forecast period, the use of neurology devices is anticipated to be boosted by healthcare expenditure and rapid acceptance of technologically advanced systems.
Demand for neurology devices in the U.S. is expected to be fueled by the presence of supportive government efforts and advanced healthcare infrastructure, including investments in pharmaceutical R&D, brain tumor research, and neurological R&D.
How is the Market for Neurology Devices Progressing in China?
“Increased Knowledge among Neurosurgeons of Neurology Device Advantages”
The neurology devices market in China is expected to increase at a CAGR of 9% from 2022 to 2027.
The accessibility of enhanced diagnostic techniques in neuro critical care units, enhanced general healthcare & infection control, and high survival rates, along with rising disposable incomes and changing lifestyles, are projected to drive market expansion.
Economic growth, healthcare reforms, a large population base, and an increase in hospitals and clinics are some of the factors that will raise government spending on intensive R&D and spur market expansion in China. The increased knowledge among neurosurgeons of the advantages of neurology devices is supporting market expansion.
Category-wise Insights
Why are Cerebrospinal Fluid Management Devices Highly Sought-after?
“Rising Prevalence of Hydrocephalus Driving Demand for Cerebrospinal Fluid Management Devices”
By product, the neurology devices market is classified into cerebrospinal fluid management devices, interventional neurology devices, neurosurgery devices, and neurostimulation devices. Cerebrospinal fluid management devices account for 30% share of the global market.
Cerebrospinal fluid management devices such as shunts and external drainage systems regulate the flow of CSF and drain excess fluid from the brain. The rising prevalence of hydrocephalus is driving the demand for CSF management devices as a form of therapy.
The rise in shunting treatments, the development of devices to address biocompatibility, infection, and fouling issues, and the rising elderly population are boosting the use of cerebrospinal fluid management devices.
Which End User Accounts for High Usage of Neurology Devices?
“Easy Availability of Neurological Equipment in Hospitals”
The neurology devices market is segmented into hospitals, ambulatory surgery centers, and neurology clinics based on end user. The demand for neurology equipment in hospitals is anticipated to be primarily driven by the growing patient preference for less-invasive medical procedures, the convenience of scheduling, the clinical staff's concentration, and the increased safety & efficacy.
Market demand is driven by the wide availability of neurological equipment in hospital settings and patients' increasing desire for visiting hospitals for the diagnosis and treatment of various neurological ailments.
Competitive Landscape
Key producers of neurology devices are focusing on innovation by manufacturing and releasing new products as part of their strategy to maintain their position in the neurology devices market on a worldwide scale. To diversify their product offerings, top neurology medical device companies are concentrating on getting new devices approved.
For instance :
- In 2020, Helius Medical Technologies, Inc. obtained Exceptional Recognition for its PoNS equipment as a potential treatment for gait deficiency caused by multiple sclerosis symptoms.
Key Segments in Neurology Devices Industry Research
-
By Product :
- Cerebrospinal Fluid Management Devices
- Interventional Neurology Devices
- Neurosurgery Devices
- Neurostimulation Devices
-
By End User :
- Hospitals
- Ambulatory Surgery Centers
- Neurology Clinics
-
By Region :
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Table of Content
1. Executive Summary 1.1. Global Market Outlook 1.2. Demand Side Trends 1.3. Supply Side Trends 1.4. Analysis and Recommendations 2. Market Overview 2.1. Market Coverage / Taxonomy 2.2. Market Definition / Scope / Limitations 2.3. Inclusions/Exclusions 3. Key Market Trends 3.1. Key Trends Impacting the Market 3.2. Product modifications /Innovation 4. Key Success Factors 4.1. Strategic Developments 4.2. Key regulations 4.3. Product USPs /Technology 4.4. List of Manufacturers and Providers 5. Market Background 5.1. Macro-Economic Factors 5.1.1. Global GDP outlook 5.1.2. Increasing R&D Expenditure 5.2. Forecast Factors - Relevance & Impact 5.2.1. New Product launches 5.2.2. Cost of Products 5.3. Market Dynamics 5.3.1. Drivers 5.3.2. Restraints 5.3.3. Opportunity Analysis 6. COVID19 Crisis Analysis 6.1. Current COVID19 Statistics and Probable Future Impact 6.2. Current GDP Projection and Probable Impact 6.3. Current Economic Projection as Compared to 2008 Economic analysis 6.4. COVID19 and Impact Analysis 6.4.1. Revenue By Product 6.4.2. Revenue By End User 6.4.3. Revenue By Country 6.5. 2021 Market Scenario 6.6. Quarter by Quarter Forecast 6.7. Projected Recovery Quarter 7. Global Neurology Devices Market Volume (Units) Analysis 2017-2021 and Forecast, 2022-2027 7.1. Historical Market Volume (Units) Analysis, 2017-2021 7.2. Current and Future Market Volume (Units) Projections, 2022-2027 7.2.1. Y-o-Y Growth Trend Analysis 8. Global Neurology Devices Market - Pricing Analysis 8.1. Regional Pricing Analysis By Product 8.2. Pricing Break-up 8.2.1. Manufacturer Level Pricing 8.2.2. Distributor Level Pricing 8.3. Global Average Pricing Analysis Benchmark 9. Global Neurology Devices Market Value Analysis 2017–2021 and Forecast, 2022-2027 9.1. Historical Market Value (US$ Mn) Analysis, 2017–2021 9.2. Current and Future Market Value (US$ Mn) Projections, 2022-2027 9.2.1. Y-o-Y Growth Trend Analysis 9.2.2. Absolute $ Opportunity Analysis 10. Global Neurology Devices Market Analysis 2017–2021 and Forecast 2022-2027, by Product 10.1. Introduction / Key Findings 10.2. Historical Market Size (US$ Mn) Analysis By Products & Services, 2017–2021 10.3. Current and Future Market Size (US$ Mn) Analysis and Forecast By Product, 2022-2027 10.3.1. Cerebrospinal Fluid Management Devices 10.3.2. Interventional Neurology Devices 10.3.3. Neurosurgery Devices 10.3.4. Neurostimulation Devices 10.4. Market Attractiveness Analysis By Product 11. Global Neurology Devices Market Analysis 2017–2021 and Forecast 2022-2027, by End User 11.1. Introduction / Key Findings 11.2. Historical Market Size (US$ Mn) Analysis By End User , 2017–2021 11.3. Current and Future Market Size (US$ Mn) Analysis and Forecast By End User , 2022-2027 11.3.1. Hospitals 11.3.2. Ambulatory Surgery Centers 11.3.3. Neurology Clinics 11.4. Market Attractiveness Analysis By End User 12. Global Neurology Devices Market Analysis 2017–2021 and Forecast 2022-2027, by Region 12.1. Introduction 12.2. Historical Market Size (US$ Mn) Analysis By Region, 2017–2021 12.3. Current Market Size (US$ Mn) Analysis and Forecast By Region, 2022-2027 12.3.1. North America 12.3.2. Latin America 12.3.3. Europe 12.3.4. East Asia 12.3.5. South Asia 12.3.6. Oceania 12.3.7. Middle East and Africa (MEA) 12.4. Market Attractiveness Analysis By Region 13. North America Neurology Devices Market Analysis 2017–2021 and Forecast 2022-2027 13.1. Introduction 13.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2017–2021 13.3. Market Size (US$ Mn) Forecast By Market Taxonomy, 2022-2027 13.3.1. By Country 13.3.1.1. U.S. 13.3.1.2. Canada 13.3.2. By Product 13.3.3. By End User 13.4. Market Attractiveness Analysis 13.5. Key Market Participants - Intensity Mapping 13.6. Drivers and Restraints - Impact Analysis 14. Latin America Neurology Devices Market Analysis 2017–2021 and Forecast 2022-2027 14.1. Introduction 14.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2017–2021 14.3. Market Size (US$ Mn) Forecast By Market Taxonomy, 2022-2027 14.3.1. By Country 14.3.1.1. Brazil 14.3.1.2. Mexico 14.3.1.3. Argentina 14.3.1.4. Rest of Latin America 14.3.2. By Product 14.3.3. By End User 14.4. Market Attractiveness Analysis 14.5. Key Market Participants - Intensity Mapping 14.6. Drivers and Restraints - Impact Analysis 15. Europe Neurology Devices Market Analysis 2017–2021 and Forecast 2022-2027 15.1. Introduction 15.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2017–2021 15.3. Market Size (US$ Mn) Forecast By Market Taxonomy, 2022-2027 15.3.1. By Country 15.3.1.1. Germany 15.3.1.2. Italy 15.3.1.3. France 15.3.1.4. U.K. 15.3.1.5. Spain 15.3.1.6. Russia 15.3.1.7. Rest of Europe 15.3.2. By Product 15.3.3. By End User 15.4. Market Attractiveness Analysis 15.5. Key Market Participants - Intensity Mapping 15.6. Drivers and Restraints - Impact Analysis 16. South Asia Neurology Devices Market Analysis 2017–2021 and Forecast 2022-2027 16.1. Introduction 16.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2017–2021 16.3. Market Size (US$ Mn) Forecast By Market Taxonomy, 2022-2027 16.3.1. By Country 16.3.1.1. India 16.3.1.2. Thailand 16.3.1.3. Indonesia 16.3.1.4. Malaysia 16.3.1.5. Rest of South Asia 16.3.2. By Product 16.3.3. By End User 16.4. Market Attractiveness Analysis 16.5. Key Market Participants - Intensity Mapping 16.6. Drivers and Restraints - Impact Analysis 17. East Asia Neurology Devices Market Analysis 2017–2021 and Forecast 2022-2027 17.1. Introduction 17.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2017–2021 17.3. Market Size (US$ Mn) Forecast By Market Taxonomy, 2022-2027 17.3.1. By Country 17.3.1.1. China 17.3.1.2. Japan 17.3.1.3. South Korea 17.3.1.4. Rest of East Asia 17.3.2. By Product 17.3.3. By End User 17.4. Market Attractiveness Analysis 17.5. Key Market Participants - Intensity Mapping 17.6. Drivers and Restraints - Impact Analysis 18. Oceania Neurology Devices Market Analysis 2017–2021 and Forecast 2022-2027 18.1. Introduction 18.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2017–2021 18.3. Market Size (US$ Mn) Forecast By Market Taxonomy, 2022-2027 18.3.1. By Country 18.3.1.1. Australia 18.3.1.2. New Zealand 18.3.2. By Product 18.3.3. By End User 18.4. Market Attractiveness Analysis 18.5. Key Market Participants - Intensity Mapping 18.6. Drivers and Restraints - Impact Analysis 19. Middle East and Africa Neurology Devices Market Analysis 2017–2021 and Forecast 2022-2027 19.1. Introduction 19.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2017–2021 19.3. Market Size (US$ Mn) Forecast By Market Taxonomy, 2022-2027 19.3.1. By Country 19.3.1.1. GCC Countries 19.3.1.2. South Africa 19.3.1.3. Rest of Middle East and Africa 19.3.2. By Product 19.3.3. By End User 19.4. Market Attractiveness Analysis 19.5. Drivers and Restraints - Impact Analysis 20. Key and Emerging Countries Neurology Devices Market Analysis 2017–2021 and Forecast 2022-2027 20.1. Introduction 20.1.1. Market Value Proportion Analysis, By Key Countries 20.1.2. Global Vs. Country Growth Comparison 20.2. U.S. Neurology Devices Market Analysis 20.2.1. By Product 20.2.2. By End User 20.3. Canada Neurology Devices Market Analysis 20.3.1. By Product 20.3.2. By End User 20.4. Mexico Neurology Devices Market Analysis 20.4.1. By Product 20.4.2. By End User 20.5. Brazil Neurology Devices Market Analysis 20.5.1. By Product 20.5.2. By End User 20.6. U.K. Neurology Devices Market Analysis 20.6.1. By Product 20.6.2. By End User 20.7. Germany Neurology Devices Market Analysis 20.7.1. By Product 20.7.2. By End User 20.8. France Neurology Devices Market Analysis 20.8.1. By Product 20.8.2. By End User 20.9. Italy Neurology Devices Market Analysis 20.9.1. By Product 20.9.2. By End User 20.10. Spain Neurology Devices Market Analysis 20.10.1. By Product 20.10.2. By End User 20.11. BENELUX Neurology Devices Market Analysis 20.11.1. By Product 20.11.2. By End User 20.12. Russia Neurology Devices Market Analysis 20.12.1. By Product 20.12.2. By End User 20.13. China Neurology Devices Market Analysis 20.13.1. By Product 20.13.2. By End User 20.14. Japan Neurology Devices Market Analysis 20.14.1. By Product 20.14.2. By End User 20.15. South Korea Neurology Devices Market Analysis 20.15.1. By Product 20.15.2. By End User 20.16. India Neurology Devices Market Analysis 20.16.1. By Product 20.16.2. By End User 20.17. ASEAN Neurology Devices Market Analysis 20.17.1. By Product 20.17.2. By End User 20.18. Australia Neurology Devices Market Analysis 20.18.1. By Product 20.18.2. By End User 20.19. New Zealand Neurology Devices Market Analysis 20.19.1. By Product 20.19.2. By End User 20.20. GCC Countries Neurology Devices Market Analysis 20.20.1. By Product 20.20.2. By End User 20.21. Turkey Neurology Devices Market Analysis 20.21.1. By Product 20.21.2. By End User 20.22. South Africa Neurology Devices Market Analysis 20.22.1. By Product 20.22.2. By End User 21. Market Structure Analysis 21.1. Market Analysis by Tier of Companies 21.2. Market Concentration 21.3. Market Share Analysis of Top Players 21.4. Market Presence Analysis 21.4.1. By Regional footprint of Players 21.4.2. Product foot print by Players 21.4.3. Channel Foot Print by Players 22. Competition Analysis 22.1. Competition Dashboard 22.2. Competition Benchmarking 22.3. Competition Deep dive 22.3.1. Johnson & Johnson 22.3.1.1. Overview 22.3.1.2. Product Portfolio 22.3.1.3. Profitability by Market Segments (Product/Channel/Region) 22.3.1.4. Sales Footprint 22.3.1.5. Strategy Overview 22.3.2. Medtronic, Inc. 22.3.2.1. Overview 22.3.2.2. Product Portfolio 22.3.2.3. Profitability by Market Segments (Product/Channel/Region) 22.3.2.4. Sales Footprint 22.3.2.5. Strategy Overview 22.3.3. Penumbra, Inc. 22.3.3.1. Overview 22.3.3.2. Product Portfolio 22.3.3.3. Profitability by Market Segments (Product/Channel/Region) 22.3.3.4. Sales Footprint 22.3.3.5. Strategy Overview 22.3.4. Smith & Nephew PLC 22.3.4.1. Overview 22.3.4.2. Product Portfolio 22.3.4.3. Profitability by Market Segments (Product/Channel/Region) 22.3.4.4. Sales Footprint 22.3.4.5. Strategy Overview 22.3.5. Stryker Corporation 22.3.5.1. Overview 22.3.5.2. Product Portfolio 22.3.5.3. Profitability by Market Segments (Product/Channel/Region) 22.3.5.4. Sales Footprint 22.3.5.5. Strategy Overview 22.3.6. Abbott Laboratories, Inc. 22.3.6.1. Overview 22.3.6.2. Product Portfolio 22.3.6.3. Profitability by Market Segments (Product/Channel/Region) 22.3.6.4. Sales Footprint 22.3.6.5. Strategy Overview 22.3.7. B. Braun Melsungen AG 22.3.7.1. Overview 22.3.7.2. Product Portfolio 22.3.7.3. Profitability by Market Segments (Product/Channel/Region) 22.3.7.4. Sales Footprint 22.3.7.5. Strategy Overview 22.3.8. Boston Scientific Corporation 22.3.8.1. Overview 22.3.8.2. Product Portfolio 22.3.8.3. Profitability by Market Segments (Product/Channel/Region) 22.3.8.4. Sales Footprint 22.3.8.5. Strategy Overview 22.3.9. MicroPort Scientific Corporation 22.3.9.1. Overview 22.3.9.2. Product Portfolio 22.3.9.3. Profitability by Market Segments (Product/Channel/Region) 22.3.9.4. Sales Footprint 22.3.9.5. Strategy Overview 22.3.10. Nihon Kohden Corporation 22.3.10.1. Overview 22.3.10.2. Product Portfolio 22.3.10.3. Profitability by Market Segments (Product/Channel/Region) 22.3.10.4. Sales Footprint 22.3.10.5. Strategy Overview 23. Assumptions and Acronyms Used 24. Research Methodology
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List Of Table
Table 01: Global Neurology Devices Market Volume (‘000 Units) Analysis and Opportunity Assessment 2017–2027, By Product
Table 02: Global Neurology Devices Market Value (US$ Mn) Analysis and Opportunity Assessment 2017–2027, By Product
Table 03: Global Neurology Devices Market Value (US$ Mn) Analysis and Opportunity Assessment 2017–2027, By End User
Table 04: Global Neurology Devices Market Value (US$ Mn) Analysis and Opportunity Assessment 2017–2027, By Region
Table 05: North America Neurology Devices Market Value (US$ Mn) Analysis 2017-2021 and Forecast 2022–2027, By Country
Table 06: North America Neurology Devices Market Value (US$ Mn) Analysis and Opportunity Assessment 2017–2027, By Product
Table 07: North America Neurology Devices Market Value (US$ Mn) Analysis and Opportunity Assessment 2017–2027, By End User
Table 08: Latin America Neurology Devices Market Value (US$ Mn) Analysis 2017-2021 and Forecast 2022–2027, By Country
Table 09: Latin America Neurology Devices Market Value (US$ Mn) Analysis and Opportunity Assessment 2017–2027, By Product
Table 10: Latin America Neurology Devices Market Value (US$ Mn) Analysis and Opportunity Assessment 2017–2027, By End User
Table 11: Europe Neurology Devices Market Value (US$ Mn) Analysis 2017-2021 and Forecast 2022–2027, By Country
Table 12: Europe Neurology Devices Market Value (US$ Mn) Analysis and Opportunity Assessment 2017–2027, By Product
Table 13: Europe Neurology Devices Market Value (US$ Mn) Analysis and Opportunity Assessment 2017–2027, By End User
Table 14: South Asia Neurology Devices Market Value (US$ Mn) Analysis 2017-2021 and Forecast 2022–2027, By Country
Table 15: South Asia Neurology Devices Market Value (US$ Mn) Analysis and Opportunity Assessment 2017–2027, By Product
Table 16: South Asia Neurology Devices Market Value (US$ Mn) Analysis and Opportunity Assessment 2017–2027, By End User
Table 17: East Asia Neurology Devices Market Value (US$ Mn) Analysis 2017-2021 and Forecast 2022–2027, By Country
Table 18: East Asia Neurology Devices Market Value (US$ Mn) Analysis and Opportunity Assessment 2017–2027, By Product
Table 19: East Asia Neurology Devices Market Value (US$ Mn) Analysis and Opportunity Assessment 2017–2027, By End User
Table 20: Oceania Neurology Devices Market Value (US$ Mn) Analysis 2017-2021 and Forecast 2022–2027, By Country
Table 21: Oceania Neurology Devices Market Value (US$ Mn) Analysis and Opportunity Assessment 2017–2027, By Product
Table 22: Oceania Neurology Devices Market Value (US$ Mn) Analysis and Opportunity Assessment 2017–2027, By End User
Table 23: Middle East and Africa Neurology Devices Market Value (US$ Mn) Analysis 2017-2021 and Forecast 2022–2027, By Country
Table 24: Middle East and Africa Neurology Devices Market Value (US$ Mn) Analysis and Opportunity Assessment 2017–2027, By Product
Table 25: Middle East and Africa Neurology Devices Market Value (US$ Mn) Analysis and Opportunity Assessment 2017–2027, By End User
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List Of Figures
Figure 01: Global Neurology Devices Market Volume (in 000' Units) Analysis, 2017-2021
Figure 02: Global Neurology Devices Market Volume Forecast (in 000' Units), 2022-2027
Figure 03: Neurology Devices Pricing Analysis (US$) Per Product, By Region, 2021
Figure 04: Neurology Devices Pricing Analysis (US$) Per Product, By Region, 2021
Figure 05: Global Neurology Devices Market Value Analysis (US$ Mn), 2017-2021
Figure 06: Global Neurology Devices Market Value Forecast (US$ Mn), 2022-2027
Figure 07: Global Neurology Devices Market Absolute $ Opportunity, 2022-2027
Figure 08: Global Neurology Devices Market Share Analysis (%), By Product, 2022-2027
Figure 09: Global Neurology Devices Market Y-o-Y Analysis (%), By Product, 2022-2027
Figure 10: Global Neurology Devices Market Attractiveness Analysis by Product, 2022-2027
Figure 11: Global Neurology Devices Market Share Analysis (%), By End User, 2022-2027
Figure 12: Global Neurology Devices Market Y-o-Y Analysis (%), By End User, 2022-2027
Figure 13: Global Neurology Devices Market Attractiveness Analysis by End User, 2022-2027
Figure 14: Global Neurology Devices Market Share Analysis (%), By Region, 2022-2027
Figure 15: Global Neurology Devices Market Y-o-Y Analysis (%), By Region, 2022-2027
Figure 16: Global Neurology Devices Market Attractiveness Analysis by Region, 2022-2027
Figure 17: North America Neurology Devices Market Value Share, By Product, 2022 (E)
Figure 18: North America Neurology Devices Market Value Share, By End User, 2022 (E)
Figure 19: North America Neurology Devices Market Value Share, By Country, 2022 (E)
Figure 20: North America Neurology Devices Market Value Analysis (US$ Mn), 2017-2021
Figure 21: North America Neurology Devices Market Value Forecast (US$ Mn), 2022-2027
Figure 22: North America Neurology Devices Market Attractiveness Analysis by Product, 2022-2027
Figure 23: North America Neurology Devices Market Attractiveness Analysis by End User, 2022-2027
Figure 24: North America Neurology Devices Market Attractiveness Analysis by Country, 2022-2027
Figure 25: Latin America Neurology Devices Market Value Share, By Product, 2022 (E)
Figure 26: Latin America Neurology Devices Market Value Share, By End User, 2022 (E)
Figure 27: Latin America Neurology Devices Market Value Share, By Country, 2022 (E)
Figure 28: Latin America Neurology Devices Market Value Analysis (US$ Mn), 2017-2021
Figure 29: Latin America Neurology Devices Market Value Forecast (US$ Mn), 2022-2027
Figure 30: Latin America Neurology Devices Market Attractiveness Analysis by Product, 2022-2027
Figure 31: Latin America Neurology Devices Market Attractiveness Analysis by End User, 2022-2027
Figure 32: Latin America Neurology Devices Market Attractiveness Analysis by Country, 2022-2027
Figure 33: Europe Neurology Devices Market Value Share, By Product, 2022 (E)
Figure 34: Europe Neurology Devices Market Value Share, By End User, 2022 (E)
Figure 35: Europe Neurology Devices Market Value Share, By Country, 2022 (E)
Figure 36: Europe Neurology Devices Market Value Analysis (US$ Mn), 2017-2021
Figure 37: Europe Neurology Devices Market Value Forecast (US$ Mn), 2022-2027
Figure 38: Europe Neurology Devices Market Attractiveness Analysis by Product, 2022-2027
Figure 39: Europe Neurology Devices Market Attractiveness Analysis by End User, 2022-2027
Figure 40: Europe Neurology Devices Market Attractiveness Analysis by Country, 2022-2027
Figure 41: South Asia Neurology Devices Market Value Share, By Product, 2022 (E)
Figure 42: South Asia Neurology Devices Market Value Share, By End User, 2022 (E)
Figure 43: South Asia Neurology Devices Market Value Share, By Country, 2022 (E)
Figure 44: South Asia Neurology Devices Market Value Analysis (US$ Mn), 2017-2021
Figure 45: South Asia Neurology Devices Market Value Forecast (US$ Mn), 2022-2027
Figure 46: South Asia Neurology Devices Market Attractiveness Analysis by Product, 2022-2027
Figure 47: South Asia Neurology Devices Market Attractiveness Analysis by End User, 2022-2027
Figure 48: South Asia Neurology Devices Market Attractiveness Analysis by Country, 2022-2027
Figure 49: East Asia Neurology Devices Market Value Share, By Product, 2022 (E)
Figure 50: East Asia Neurology Devices Market Value Share, By End User, 2022 (E)
Figure 51: East Asia Neurology Devices Market Value Share, By Country, 2022 (E)
Figure 52: East Asia Neurology Devices Market Value Analysis (US$ Mn), 2017-2021
Figure 53: East Asia Neurology Devices Market Value Forecast (US$ Mn), 2022-2027
Figure 54: East Asia Neurology Devices Market Attractiveness Analysis by Product, 2022-2027
Figure 55: East Asia Neurology Devices Market Attractiveness Analysis by End User, 2022-2027
Figure 56: East Asia Neurology Devices Market Attractiveness Analysis by Country, 2022-2027
Figure 57: Oceania Neurology Devices Market Value Share, By Product, 2022 (E)
Figure 58: Oceania Neurology Devices Market Value Share, By End User, 2022 (E)
Figure 59: Oceania Neurology Devices Market Value Share, By Country, 2022 (E)
Figure 60: Oceania Neurology Devices Market Value Analysis (US$ Mn), 2017-2021
Figure 61: Oceania Neurology Devices Market Value Forecast (US$ Mn), 2022-2027
Figure 62: Oceania Neurology Devices Market Attractiveness Analysis by Product, 2022-2027
Figure 63: Oceania Neurology Devices Market Attractiveness Analysis by End User, 2022-2027
Figure 64: Oceania Neurology Devices Market Attractiveness Analysis by Country, 2022-2027
Figure 65: Middle East and Africa Neurology Devices Market Value Share, By Product, 2022 (E)
Figure 66: Middle East and Africa Neurology Devices Market Value Share, By End User, 2022 (E)
Figure 67: Middle East and Africa Neurology Devices Market Value Share, By Country, 2022 (E)
Figure 68: Middle East and Africa Neurology Devices Market Value Analysis (US$ Mn), 2017-2021
Figure 69: Middle East and Africa Neurology Devices Market Value Forecast (US$ Mn), 2022-2027
Figure 70: Middle East and Africa Neurology Devices Market Attractiveness Analysis by Product, 2022-2027
Figure 71: Middle East and Africa Neurology Devices Market Attractiveness Analysis by End User, 2022-2027
Figure 72: Middle East and Africa Neurology Devices Market Attractiveness Analysis by Country, 2022-2027
Figure 73: U. S. Neurology Devices Market Value Analysis (US$ Mn), 2022 & 2027
Figure 74: U. S. Neurology Devices Market Value Share, By Product, 2022 (E)
Figure 75: U. S. Neurology Devices Market Value Share, By End User, 2022 (E)
Figure 76: Canada Neurology Devices Market Value Analysis (US$ Mn), 2022 & 2027
Figure 77: Canada Neurology Devices Market Value Share, By Product, 2022 (E)
Figure 78: Canada Neurology Devices Market Value Share, By End User, 2022 (E)
Figure 79: Mexico Neurology Devices Market Value Analysis (US$ Mn), 2022 & 2027
Figure 80: Mexico Neurology Devices Market Value Share, By Product, 2022 (E)
Figure 81: Mexico Neurology Devices Market Value Share, By End User, 2022 (E)
Figure 82: Brazil Neurology Devices Market Value Analysis (US$ Mn), 2022 & 2027
Figure 83: Brazil Neurology Devices Market Value Share, By Product, 2022 (E)
Figure 84: Brazil Neurology Devices Market Value Share, By End User, 2022 (E)
Figure 85: U. K. Neurology Devices Market Value Analysis (US$ Mn), 2022 & 2027
Figure 86: U. K. Neurology Devices Market Value Share, By Product, 2022 (E)
Figure 87: U. K. Neurology Devices Market Value Share, By End User, 2022 (E)
Figure 88: Germany Neurology Devices Market Value Analysis (US$ Mn), 2022 & 2027
Figure 89: Germany Neurology Devices Market Value Share, By Product, 2022 (E)
Figure 90: Germany Neurology Devices Market Value Share, By End User, 2022 (E)
Figure 91: France Neurology Devices Market Value Analysis (US$ Mn), 2022 & 2027
Figure 92: France Neurology Devices Market Value Share, By Product, 2022 (E)
Figure 93: France Neurology Devices Market Value Share, By End User, 2022 (E)
Figure 94: Italy Neurology Devices Market Value Analysis (US$ Mn), 2022 & 2027
Figure 95: Italy Neurology Devices Market Value Share, By Product, 2022 (E)
Figure 96: Italy Neurology Devices Market Value Share, By End User, 2022 (E)
Figure 97: Spain Neurology Devices Market Value Analysis (US$ Mn), 2022 & 2027
Figure 98: Spain Neurology Devices Market Value Share, By Product, 2022 (E)
Figure 99: Spain Neurology Devices Market Value Share, By End User, 2022 (E)
Figure 100: Russia Neurology Devices Market Value Analysis (US$ Mn), 2022 & 2027
Figure 101: Russia Neurology Devices Market Value Share, By Product, 2022 (E)
Figure 102: Russia Neurology Devices Market Value Share, By End User, 2022 (E)
Figure 103: China Neurology Devices Market Value Analysis (US$ Mn), 2022 & 2027
Figure 104: China Neurology Devices Market Value Share, By Product, 2022 (E)
Figure 105: China Neurology Devices Market Value Share, By End User, 2022 (E)
Figure 106: Japan Neurology Devices Market Value Analysis (US$ Mn), 2022 & 2027
Figure 107: Japan Neurology Devices Market Value Share, By Product, 2022 (E)
Figure 108: Japan Neurology Devices Market Value Share, By End User, 2022 (E)
Figure 109: South Korea Neurology Devices Market Value Analysis (US$ Mn), 2022 & 2027
Figure 110: South Korea Neurology Devices Market Value Share, By Product, 2022 (E)
Figure 111: South Korea Neurology Devices Market Value Share, By End User, 2022 (E)
Figure 112: India Neurology Devices Market Value Analysis (US$ Mn), 2022 & 2027
Figure 113: India Neurology Devices Market Value Share, By Product, 2022 (E)
Figure 114: India Neurology Devices Market Value Share, By End User, 2022 (E)
Figure 115: ASEAN Neurology Devices Market Value Analysis (US$ Mn), 2022 & 2027
Figure 116: ASEAN Neurology Devices Market Value Share, By Product, 2022 (E)
Figure 117: ASEAN Neurology Devices Market Value Share, By End User, 2022 (E)
Figure 118: Australia Neurology Devices Market Value Analysis (US$ Mn), 2022 & 2027
Figure 119: Australia Neurology Devices Market Value Share, By Product, 2022 (E)
Figure 120: Australia Neurology Devices Market Value Share, By End User, 2022 (E)
Figure 121: New Zealand Neurology Devices Market Value Analysis (US$ Mn), 2022 & 2027
Figure 122: New Zealand Neurology Devices Market Value Share, By Product, 2022 (E)
Figure 123: New Zealand Neurology Devices Market Value Share, By End User, 2022 (E)
Figure 124: GCC Countries Neurology Devices Market Value Analysis (US$ Mn), 2022 & 2027
Figure 125: GCC Countries Neurology Devices Market Value Share, By Product, 2022 (E)
Figure 126: GCC Countries Neurology Devices Market Value Share, By End User, 2022 (E)
Figure 127: Turkey Neurology Devices Market Value Analysis (US$ Mn), 2022 & 2027
Figure 128: Turkey Neurology Devices Market Value Share, By Product, 2022 (E)
Figure 129: Turkey Neurology Devices Market Value Share, By End User, 2022 (E)
Figure 130: South Africa Neurology Devices Market Value Analysis (US$ Mn), 2022 & 2027
Figure 131: South Africa Neurology Devices Market Value Share, By Product, 2022 (E)
Figure 132: South Africa Neurology Devices Market Value Share, By End User, 2022 (E)
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- FAQs -
What is the estimated growth rate of the neurology devices market?
The global neurology devices market is set to expand at a CAGR of 6.2% through 2027.
What is the projected market value for neurology devices?
The market for neurology devices is expected to reach US$ 13 billion by 2027.
Which are the key factors driving the demand for neurology devices?
The market is expanding due to an increase in the prevalence of neurological illnesses, increased R&D, and adoption of expansion strategies by prominent companies.
Which are the top 5 countries driving demand for neurology devices?
The U.S., Japan, Canada, China, and Germany account for the highest demand for neurology systems.
What is the estimated CAGR for the market in Japan?
The market in Japan is expected to rise at a CAGR of 3.5% through 2027.
Who are the top manufacturers of neurology devices?
Johnson & Johnson, Medtronic, Inc., and Penumbra, Inc. are prominent manufacturers of neurology devices.
Neurology Devices Market