How Neuroendoscopy is Revolutionizing the Treatment of Brain and Spine Disorders
The global neuroendoscopy market size was USD 198.22 Million in 2022 and is expected to register a revenue CAGR of 5.9% during the forecast period, according to the latest analysis by Emergen Research. Increasing geriatric population, rising interest in minimally invasive procedures, increasing popularity of neuroendoscopic surgery relative to conventional brain surgery, rising prevalence of neurological disorders, favorable government initiatives and reimbursement policies, and increasing technological advancements are some of the key factors driving revenue growth of the neuroendoscopy market.
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Neuroendoscopy Market, By Application, By Product Type (Rigid Neuroendoscopes, Flexible Neuroendoscopes), By Usage (Reusable, Disposable), By Patient Age (Adult, Pediatric), By End-use (Hospitals, Clinics), By Region Forecast to 2032
Neuroendoscopy is a minimally invasive surgical technique that uses a thin, tube-like instrument called an endoscope to visualize and treat conditions of the central nervous system (CNS). The endoscope is inserted into a small incision in the skull or spine and can be used to diagnose and treat a variety of conditions, including brain tumors, hydrocephalus, and spinal cord injuries.
The increasing prevalence of neurological disorders is one of the major factors driving the growth of the neuroendoscopy market. According to the World Health Organization, neurological disorders are the leading cause of death and disability worldwide. The prevalence of these disorders is expected to increase in the coming years, due to the aging population and the rising incidence of chronic diseases such as diabetes and hypertension.
Some Key Highlights From the Report
The Transnasal Neuroendoscopy segment accounted for largest revenue share in 2022. Transnasal endoscopic transsphenoidal methods are an essential method for the removal of skull base tumors in adults. These methods are desirable, particularly in young infants since transnasal endoscopic techniques are less intrusive than craniotomies. In this method, a narrow, less than 6 mm-diameter endoscope is inserted through the nose, and it is an upper endoscopy method.
The rigid neuroendoscopes segment accounted for largest revenue share in 2022. The most popular variety of neuroendoscopes in the market is the rigid neuroendoscopes. These are used in the majority of surgical endoscopic operations, enabling endoscopists to view pathological changes or the surface of organs even more clearly than with the naked eye while avoiding substantial bodily incisions. Moreover, rigid neuroendoscopes frequently have a number of high-resolution optical glass rod lenses.
On 9 August 2021, ClearPoint Neuro, Inc., a company that provides navigation and delivery to the brain as part of its global therapy-enabling platform, announced that it has partnered with German surgical equipment industry pioneer adeor medical AG for powered neurosurgical drill solutions.
Some major companies in the global market report include Braun Melsungen AG, Ackermann, adeor medical AG, Machida Endoscope Co., Ltd., Schindler, Tonglu WANHE Medical Instrument Co., Ltd., LocaMed, Clarus RCM, Olympus Corporation, and Medtronic plc.
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Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
