Learn about the global neurology devices market through The Business Research Company, which provides information on neurology devices market size, neurology devices market drivers and restraints, neurology devices market players, the COVID-19 impact on the neurology devices market, and more.

The global neurology devices market size is expected to grow from $13.94 billion in 2021 to $15.91 billion in 2022 at a compound annual growth rate (CAGR) of 14.2%. The global neurology device market size is expected to grow to $25.75 billion in 2026 at a CAGR of 12.8%.

The increase in the patient pool due to the rising geriatric population globally contributed significantly to the growth of the neurology devices market during the historic period.

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The neurology devices 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.

Global Neurology Devices Market Segments Include:

By Type: Cerebrospinal Fluid Management (CSF) Devices and Equipment, Interventional Neurology Devices and Equipment, Neurosurgery Devices and Equipment, Neurostimulation Devices

By End-User: Hospitals and Clinics, Diagnostic Laboratories, Others

By Type of Expenditure: Public, Private

By Product: Instruments/Equipment, Disposables

Subsegments Covered: CSF Drainage Systems, CSF Shunts, Aneurysm Coiling and Embolization Devices, Neurothrombectomy Devices, Angioplasty Devices, Interventional Neurology Support Devices, Neurosurgical Navigation Systems, Neurosurgical Endoscopes, Aneurysm Clips, Stereotactic Systems, Other Neurosurgery Devices, Implantable Neurostimulation Devices, External Neurostimulation Devices

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America was the largest region in the global neurology devices market in 2021.

Neurology devices manufacturers are investing in the research and development of implantable wireless brain devices to treat neurological and psychiatric diseases. The neuromodulation devices are tiny devices with a wireless neuromodulator, implanted inside the cranium (skull) to communicate with the brain and stimulate nerves in the body. They are equipped with antennas, application-specific integrated circuits, ceramic lid, and feedthrough. These devices are used for relieving depression, traumatic brain injury, stress, and bipolar disorders by manipulating brain signals accordingly.

TBRC’s neurology devices market report covers:

Major Market Players: Medtronic Inc., Stryker Corporation, Terumo Corporation, Integra Lifesciences, Boston Scientific Corporation, Penumbra, Inc., B. Braun Group, Nevro, LivaNova, PLC, and Natus Medical.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)

The Neurology Devices Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provides neurology devices market overviews, analyzes and forecasts market size, share, neurology devices market players, neurology devices market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s neurology devices market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

Here Is A List Of Similar Reports From The Business Research Company:

Interventional Neurology Devices And Equipment Global Market Report 2022

Neurostimulation Devices Global Market Report 2022

Brain And Neuroimaging Devices Global Market Report 2022

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