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The global neuroendoscopy devices market size attained a value of more than USD 143.19 million in 2023. The market is further expected to grow at a CAGR of 6.90% between 2024 and 2032, driven by the increasing prevalence of brain tumours.
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Neuroendoscopy is defined as a minimally invasive surgical technique which facilitates the illumination and inspection of hard-to-reach parts of the surgical areas, particularly of the brain and spine. Neuroendoscopy devices refer to the equipment used in these surgical processes to carry out diagnostic and therapeutic process mainly in the central nervous system. These devices can be rigid or flexible, depending upon the area of usage, and are typically slender for easier insertion and movement.
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Based on product type, the market can be segmented into rigid neuroendoscopes and flexible neuroendoscopes. On the basis of application, the market can be classified into transnasal neuroendoscopy, intraventricular neuroendoscopy, and transcranial neuroendoscopy. By end-user, the market can be divided into hospitals and clinics, and medical research centres, among others. The regional markets can be divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global neuroendoscopy devices market, covering their competitive landscape and latest developments like mergers, acquisitions, investments and expansion plans.
Although both rigid and flexible neuroendoscopes are used in neuroendoscopy procedures and are expected to account for a healthy portion of the neuroendoscopy devices market, rigid neuroendoscopes have been witnessing a heightened demand. Rigid neuroendoscopes produce high quality images while enabling smooth passage for instruments. Angled rigid neuroendoscopes are among the most frequently used neuroendoscopes because of their high visualising capability, available in 30-, 45-, and 70- axis of observation.
Meanwhile, flexible neuroendoscopes are expected to witness a steady growth in the forecast period because of the transparent fibres employed in these devices which enable detailed inspection and treatment of the interior parts of the body. Their ability to provide images of hard-to-reach portions of the body are expected to push their incorporation across the healthcare units, which in turn are likely to bolster the neuroendoscopy devices market.
The intraventricular neuroendoscopy segment, based on application, accounts for a healthy share of the market as it is used in the routine part of neurosurgery diagnosis, treatment, and training. Neuroendoscopy devices are witnessing a heightened application in complex procedures such as intraventricular tumour resection. Over the forecast period, the development of new neuroendoscopy devices with enhanced versatility, added safety, user-friendliness, smoother applications, and greater practicality, are expected to boost their demand in intraventricular neuroendoscopy in the forecast period.
On the other hand, the increasing prevalence of haemorrhagic stroke is leading to a greater dependence on transcranial neuroendoscopy approach, which in turn is expected to boost the neuroendoscopy devices market in the forecast period.
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B. Braun Aesculap is one of the largest surgical instrument manufacturers across the world and provides expertise on orthopaedics, spinal implants, neurosurgery, and vascular systems, among others. B. Braun Aesculap is also focussed on innovating and establishing new surgical methods to treat damaged tissues or bones. With headquarters in Melsungen, Germany, the company was founded in 1867.
Clarus Medical LLC is a prominent medical device manufacturing company which has a significant experience in producing small-diameter, high-quality endoscopes. The medical product portfolio of Clarus Medical LLC includes intubation scopes, minimally invasive treatment devices, inspection borescopes, and neuroendoscopes, among others. It specialises in equipment for neuro, spine, airways, and inspection. The company is headquartered in Minneapolis, United States.
DIMEDA Instrumente GmbH is a medical company founded in the year 1976 and is currently headquartered in Tuttlingen, Germany. It is a worldwide provider of high-quality medical technologies. The product portfolio of this company includes general instruments, microsurgical instruments, and instruments developed for high-frequency surgeries, among others. It works closely with surgeons of various medical specialities to develop its products.
Other market players include KARL STORZ ENDOSCOPY-AMERICA, INC., Advin Health Care, and Machida Endoscope Co., Ltd., among others.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2017-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Product Type |
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Breakup by Applications |
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Breakup by Usability |
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Breakup by End User |
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Breakup by Region |
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The market reached a value of more than USD 143.19 million in 2023.
The neuroendoscopy devices market is estimated to grow at a CAGR of 6.90% in the forecast period of between 2024 and 2032.
The changing patient preference towards minimally invasive treatment procedures for neurological disorders, and heightened demand for neuroendoscopy devices to treat various conditions including cysts, intraventricular tumours, skull base lesions, craniosynostosis, and brain tumours, among others, are the major drivers of the market.
The key trends in the market include the technological upgradations of neuroendoscopy devices and increasing applications in transnasal neuroendoscopy.
Rigid neuroendoscopes and flexible neuroendoscopes are the product types included in the market.
The significant applications of neuroendoscopy devices included in the market report are transnasal neuroendoscopy, intraventricular neuroendoscopy, and transcranial neuroendoscopy.
Hospitals and clinics, and medical research centres, among others, are the major end-users included in the market report.
Neuroendoscopy is done by inserting neuroendoscopy devices through natural orifices or small incisions made in the body.
Yes, anesthesia is typically used with neuroendoscopy devices to prevent patient movement that could result in injury or damage.
B. Braun Aesculap, Clarus Medical LLC, DIMEDA Instrumente GmbH, KARL STORZ ENDOSCOPY-AMERICA, INC., Advin Health Care, and Machida Endoscope Co., Ltd., among others, are the key market players, according to the report.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124
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