Neurology Devices Market 2020-2024 | Increasing Prevalence of the Neurological Disorders to Boost Growth | Technavio

Technavio has been monitoring the neurology devices market and it is poised to grow by USD 9.02 bn during 2020-2024, progressing at a CAGR of almost 12% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. Request a free sample report

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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Increasing prevalence of the neurological disorders has been instrumental in driving the growth of the market.

Neurology Devices Market 2020-2024: Segmentation

Neurology Devices Market is segmented as below:

Product

• Neurostimulation Devices
• Interventional Neurology Devices
• Neurosurgery Devices
• Cerebrospinal Fluid Management Devices
• Others

Geographic Segmentation

• Asia
• Europe
• North America
• ROW

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Neurology Devices Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our neurology devices market report covers the following areas:

• Neurology Devices Market Size
• Neurology Devices Market Trends
• Neurology Devices Market Industry Analysis

This study identifies strong prevalence of wearable neurology devices as one of the prime reasons driving the neurology devices market growth during the next few years.

Neurology Devices Market 2020-2024: Vendor Analysis

We provide a detailed analysis of around 25 vendors operating in the neurology devices market, including some of the vendors such as Abbott Laboratories, B. Braun Melsungen AG, Becton, Dickinson and Co. and Boston Scientific Corp. Backed with competitive intelligence and benchmarking, our research reports on the neurology devices market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.

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Neurology Devices Market 2020-2024: Key Highlights

• CAGR of the market during the forecast period 2020-2024
• Detailed information on factors that will assist neurology devices market growth during the next five years
• Estimation of the neurology devices market size and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the neurology devices market
• Analysis of the market’s competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of neurology devices market vendors

Table of Content

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

• 2.1 Preface
• 2.2 Preface
• 2.3 Currency conversion rates for US$

PART 03: MARKET LANDSCAPE

• Market ecosystem
• Market characteristics
• Market segmentation analysis
• Value Chain Analysis

PART 04: MARKET SIZING

• Market definition
• Market sizing 2019
• Market size and forecast 2019-2024
• Market outlook

PART 05: FIVE FORCES ANALYSIS

• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

PART 06: MARKET SEGMENTATION BY PRODUCT

• Market segmentation by product
• Comparison by product
• Neurostimulation devices - Market size and forecast 2019-2024
• Interventional neurology devices - Market size and forecast 2019-2024
• Neurosurgery devices - Market size and forecast 2019-2024
• Cerebrospinal fluid management devices - Market size and forecast
• 2019-2024
• Others - Market size and forecast 2019-2024
• Market opportunity by product

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

• Geographic segmentation
• Geographic comparison
• North America - Market size and forecast 2019-2024
• Europe - Market size and forecast 2019-2024
• Asia - Market size and forecast 2019-2024
• ROW - Market size and forecast 2019-2024
• Key leading countries
• Market opportunity

PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES

• Market drivers
• Market challenges

PART 11: MARKET TRENDS

• Technological advances and new product launches
• Strong penetration of wearable neurology devices
• Growing medical tourism in emerging economies

PART 12: VENDOR LANDSCAPE

• Overview
• Landscape disruption
• Competitive scenario

PART 13: VENDOR ANALYSIS

• Vendors covered
• Vendor classification
• Market positioning of vendors
• Abbott Laboratories
• B. Braun Melsungen AG
• Becton, Dickinson and Co.
• Boston Scientific Corp.
• Johnson & Johnson Services Inc.
• Medtronic Plc
• MicroPort Scientific Corp.
• Nihon Kohden Corp.
• Penumbra Inc.
• Stryker Corp.

PART 14: APPENDIX

• Research methodology
• List of abbreviations
• Definition of market positioning of vendors

PART 15: EXPLORE TECHNAVIO

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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