Neurosurgery Devices Market: Competitive Strategy, Benchmarking And Demand Trend Analysis
Summary
- In 2019, Boston Scientific Corporation (US) launched Vercise PC and Vercise Gevia Deep Brain Stimulation (DBS) Systems, featuring the Vercise Cartesia Directional Lead.
This report aims to provide detailed insights into the Neurosurgery Devices Market. It provides valuable information on the type, procedure, application, and region in the market. Furthermore, the information for these segments, by region, is also presented in this report. Leading players in the market are profiled to study their product offerings and understand the strategies undertaken by them to be competitive in this market.
Expected Revenue Growth Analysis:
The global Neurosurgery Instruments Market is projected to reach USD 13.5 billion by 2024 from USD 7.3 billion in 2019, at a CAGR of 13.0% during the forecast period.
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Key Factors Driving Market Growth:
The major factors driving the growth of the Neurosurgery Devices Market are the rising prevalence of neurological disorders, the benefits of neuroendoscopic surgeries over conventional brain surgeries, and the growing prevalence of neurological diseases.
Neurosurgery Devices Market (MarketsandMarkets)
Competitive Landscape:
The competitive landscape includes the analysis of the key growth strategies adopted by major players to expand their global presence and increase their shares in the market. The key growth strategies adopted by the top players in the market include product launches and approvals, agreements, expansions, and acquisitions. Product approvals and launches were the most widely adopted growth strategies by market players in the last three years to garner a larger share of the market.
Key Players:
- B. Braun Melsungen (Germany),
- Medtronic (US),
- Boston Scientific Corporation (US),
- Nevro Corporation (US),
- KARL STORZ (Germany),
- Abbott (US),
- Ackermann Instrumente (Germany)
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