June 11, 2021
According to the research report titled ‘Neuroendoscopy Market Insights, Competitive Landscape and Market Forecast-2026’, available with Market Study Report, global neuroendoscopy market is expected to record a strong CAGR through 2026.
Supportive regulatory outlook coupled with increased pervasiveness of neurological disorders are some of the major factors driving the growth of global neuroendoscopy market.
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An endoscope is a device that is installed with a high-resolution camera and is used to access tumors. Meanwhile, neuroendoscopy is a type of minimally invasive method in which the tumor is extracted from the brain either through the nose or a small hole in the skull.
Thus, shifting preferences towards minimally invasive procedures coupled with rising cognizance regarding the benefits of neuroendoscopy is stimulating the industry outlook.
Despite the several growth stimulants, lack of skilled professionals and high costs associated with the equipment and the procedures might refrain global neuroendoscopy market expansion.
Based on product varieties, the market is segmented into flexibile neuroendoscopes and rigid neuroendoscopes. The application scope of global neuroendoscopy market comprises oftranscranial neuroendoscopy, intraventricular neuroendoscopy, and transnasal neuroendoscopy.
Considering the geographical landscape, the industry is bifurcated on the basis of Japan, Germany, United Kingdom, Spain, France, Italy, and the United States.
The prominent companies operating in global neuroendoscopy market are Acellent Technologies Inc., Aesculap Inc., Arthrex Inc., CONMED Corporation, Cook Medical Incorporated, Johnson & Johnson, Karl Storz SE & Co. KG, Boston Scientific Corporation, Olympus Corporation, and Fujifilm Holding Corporation among others.