The Business Research Company’s neurology
devices global market report, covers the year-on-year growth of the global neurology devices market
historic and forecast growth. It also includes chapters on the neurology
devices market
trends, geographical analysis, and competitive landscape.
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the report at:
The global neurology devices market size is
expected to reach $10 billion by 2022, significantly growing at a CAGR of
around 8% during the forecast period
Neurology Devices Market Trends
The
neurology devices (or) equipment market consists of sales of neurology devices
and related services by entities (organizations, sole traders and partnerships)
that produce neurology devices to diagnose and treat neurological diseases.
This industry includes establishments that produce shunts and external drainage
systems under cerebrospinal fluid management (CSF) devices to treat medical
condition such as hydrocephalus. It also consists of interventional neurology
devices to treat neurovascular diseases and neurosurgery devices.
Wearable technology innovations
are a new trend in the neurology device market. Wearable technology helps
monitor symptoms automatically and also predicts some serious conditions such
as seizures and disease progression before the patient is aware of them. These
devices can collect health related data at anytime and anywhere and thus are
useful in monitoring or diagnosing several kinds of neurological disorders such
as Parkinson’s disease, multiple sclerosis and epilepsy and also helpful to
neurologists treating those patients. For instance, Massachusetts Institute of
Technology is testing a watch which is able to predict seizures by measuring
skin moisture. Neurology devices with electro encephalo graphic (EEG) sensors
are also being developed to record electrical signals along the scalp to
measure brain activity.
The global neurology devices market is primarily driven by increase in changes in lifestyles, increased adoption of neurological devices over drug therapies, rise in global burden of neurology disorders and economic growth.
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The global neurology devices market report covers the
following regions under the geographical analysis section: Asia Pacific,
Western Europe, North America, Middle East, Africa, South America, and Eastern
Europe. Major countries under each of these regions are also covered under the
country analysis chapters.
With increase in aging population, technology
advances and emerging markets growth, the global neurology devices market is
expected to increase in potential and scope. TBRC’s report also covers the neurology
devices drivers and restraints in the market.
The global neurology devices market’s segment shares in
each geographic region are mentioned in the report, along with the historic and
forecast growth rates for each segment presented visually with supporting
reasons to justify the growth rates.
The top companies included in the global neurology
devices market report are Medtronic, Abbott Lab, B. BraunMelsungen AG, Stryker
Corporation, LivaNova..
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