The global neurology devices market is poised to grow by USD 9.02 billion during 2020-2024 at a CAGR of about 12% during the forecast period. Request Free Sample Pages
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200428006106/en/
Technavio has announced its latest market research report titled Global Neurology Devices Market 2020-2024 (Graphic: Business Wire)
Read the 171-page research report with TOC on "Neurology Devices Market Analysis Report by Geography (Asia, Europe, North America, and ROW), by Product (Neurostimulation devices, Interventional neurology devices, Neurosurgery devices, Cerebrospinal fluid management devices, and Others), and Segment Forecasts, 2020-2024".
https://www.technavio.com/report/neurology-devices-market-industry-analysis
The market is driven by the increasing prevalence of the neurological disorders. In addition, adoption of wearable neurology devices is anticipated to further boost the growth of the neurology devices market.
The prevalence of neurological disorders such as PD, MS, sleep apnea, epilepsy, brain tumors, brain aneurysm, brain stroke, and brain tumors is increasing. Neurological disorders are associated with central and peripheral nervous systems. Patients suffering from these conditions experience pain, neurological instability, seizures, paralysis, and muscle weakness. Factors such as chromosomal abnormalities or congenital defects in genes are responsible for these conditions. Consequently, the demand for wearable neurological devices to detect and monitor patients with neurological disorders such as seizures and PD is increasing. Healthcare professionals use the recorded health data from these devices to obtain a better outcome. Thus, the increasing prevalence of the neurological disorders is expected to drive market growth during the forecast period.
Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for free.
View market snapshot before purchasing
Major Five Neurology Devices Market Companies:
Abbott Laboratories
Abbott Laboratories is headquartered in the US and operates the business under various business segments such as Established Pharmaceuticals, Nutritionals, Diagnostics, Cardiovascular and Neuromodulation, and Other. The company offers products such as NT2000IX Radiofrequency Generator and Proclaim DRG Neurostimulator System.
B. Braun Melsungen AG
B. Braun Melsungen AG is headquartered in Germany and offers products through the following business units: Hospital Care, Aesculap, OPM, and B. Braun Avitum. The company offers products such as Neuroendoscopy, Power Systems, Cerebro Vascular Clips, Cranial Fixation, and Dura Substitution to its customers.
Becton, Dickinson and Co.
Becton, Dickinson and Co. is headquartered in the US and operates under various business segments, namely Medical, Life Sciences, and Interventional. The company offers products such as Spetzler Adjustable Base Unit and ALLPORT Mastoid Retractor to its customers.
Boston Scientific Corp.
Boston Scientific Corp. is headquartered in the US and offers products through the following business segments: MedSurg, Rhythm and Neuro, and Cardiovascular. The company offers products such as G4 RF Generator Radiofrequency Ablation for Pain Management and Vercise PC with Neural Navigator 2 Advancing DBS Therapy.
Johnson Johnson Services Inc.
Johnson Johnson Services Inc. is headquartered in the US and offers products through the following business segments: Consumer, Pharmaceutical, and Medical Devices. The company offers products such as PULSERIDER Aneurysm Neck Reconstruction Device and CERENOVUS SPECTRA Family of Coils to its customers.
Register for a free trial today and gain instant access to 17,000+ market research reports. Technavio's SUBSCRIPTION platform
Neurology Devices Product Outlook (Revenue, USD Billion, 2020-2024)
- Neurostimulation devices
- Interventional neurology devices
- Neurosurgery devices
- Cerebrospinal fluid management devices
- Others
Neurology Devices Regional Outlook (Revenue, USD Billion, 2020-2024)
- Asia
- Europe
- North America
- ROW
Technavio's sample reports are free of charge and contain multiple sections of the report, such as the market size and forecast, drivers, challenges, trends, and more. Request a free sample report
About Technavio
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
View source version on businesswire.com: https://www.businesswire.com/news/home/20200428006106/en/
Contacts:
Technavio Research
Jesse Maida
Media Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: https://www.technavio.com
