Market Overview:
The global neurosurgical instruments package market is expected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing incidence of neurological disorders, rising demand for minimally invasive surgeries, and technological advancements in neurosurgery instruments. Based on type, the global neurosurgical instruments package market is segmented into tweezers, electrosurgical equipment, disinfection equipment, and other surgical instruments. The tweezers segment is expected to account for the largest share of the global neurosurgical instruments package market in 2018. This segment is projected to grow at a CAGR of 5.9% during the forecast period from 2018 to 2030 due to its wide applicability in various types of surgeries such as brain tumor surgery and spine surgery. Based on application, the global neurosurgical instruments package market is divided into hospitals and plastic surgery hospitals segments. The hospitals segment accounted for majority share (78%) of total revenue generated by this market in 2017; however it is projected that plastic surgery hospital will witness highest growth rate over next 10 years owing growing popularity & acceptance rates for aesthetic procedures across globe .
Product Definition:
A Neurosurgical Instruments Package is a kit of surgical tools used to treat conditions and diseases affecting the nervous system. The package includes a wide variety of instruments such as scalpels, retractors, forceps, and clamps. These tools are essential for performing neurosurgery procedures such as tumor removal or spine surgery.
Tweezers:
The global Tweezers, it's usage and growth factor in Neurosurgical Instruments Package market size was valued at USD 955.0 million in 2016 and is expected to grow at a CAGR of XX% over the forecast period. The rising prevalence of neurological disorders such as brain tumors & epilepsy coupled with increasing demand for minimally invasive procedures are some high impact rendering drivers for this market.
Electrosurgical Equipment:
Electrosurgical equipment is the category of medical devices that are used for creating an electric field for surgical procedures. The instruments include electrosurgical generators, electrodes, and probes. Electrosurgical generators produce electrical energy which can be used by electrodes or probes to perform a surgery.
Neurosurgical instruments package market includes products such as electrosurgery systems, neurostimulators.
Application Insights:
Based on application, the global neurosurgical instruments package market is segmented into hospital, plastic surgery hospital and others. The other applications include emergency room (ER) settings and clinics. In 2017, the hospital segment dominated the market with a revenue of USD 446.0 million owing to an increase in surgical procedures for brain injuries at hospitals. This trend is expected to continue over the forecast period due to a rise in population suffering from trauma injuries of head & spinal cord resulting in acquired brain injury (ABI). According to WHO, globally around 250-500 thousand people suffer from TBI every year and half of them die as a result leading to disability or long term care facility dependency which creates huge opportunities for players operating in this space.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of well-established healthcare infrastructure, high disposable income, and favorable reimbursement policies. The region is expected to maintain its dominance throughout the forecast period due to increasing demand for minimally invasive surgeries and rising awareness about neurosurgical procedures.
Asia Pacific is anticipated to witness lucrative growth over the forecast period owing to improving healthcare facilities in rural as well as urban areas coupled with growing medical tourism industry. In addition, an increase in road accidents that result into head trauma may boost product demand during the forecast period.
Europe was estimated at USD X million in 2017.
Growth Factors:
- Increasing demand for minimally invasive surgeries: The global market for minimally invasive surgeries is expected to grow at a CAGR of 7.8% from 2016 to 2021. This is primarily due to the advantages offered by these surgeries over traditional open surgery, such as shorter hospital stays, reduced pain and blood loss, and faster recovery times. Neurosurgical instruments packages are an essential part of minimally invasive surgery and will thus benefit from this growth trend.
- Rising prevalence of neurological disorders: The global prevalence of neurological disorders is estimated to be around 615 million cases in 2015 and is expected to grow at a CAGR of 6% from 2016 to 2020. This presents a huge opportunity for neurosurgical instrument package manufacturers as the demand for their products will surge in line with the rising incidence of neurological disorders worldwide.
- Technological advancements: With rapid advancements in technology, there has been an increase in the number of innovative neurosurgical instruments packages being developed by manufacturers worldwide. These new products offer better performance and greater efficiency than older models, thereby fueling market growth further..
Scope Of The Report
Report Attributes
Report Details
Report Title
Neurosurgical Instruments Package Market Research Report
By Type
Tweezers, Electrosurgical Equipment, Disinfection Equipment, Other
By Application
Hospital, Plastic Surgery Hospital, Other
By Companies
MicroSurgical Technology, Malco Products, Roxtec, Olympus, KARL STORZ, Richard WOLF, Coloplast, Cook Medical, Shanghai Medical Instruments, Boston Scientific, Medtronic, Teleflex, Stryker, CooperSurgical, ConMed, Aesculap, Scanlan
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
224
Number of Tables & Figures
157
Customization Available
Yes, the report can be customized as per your need.
Global Neurosurgical Instruments Package Market Report Segments:
The global Neurosurgical Instruments Package market is segmented on the basis of:
Types
Tweezers, Electrosurgical Equipment, Disinfection Equipment, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospital, Plastic Surgery Hospital, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- MicroSurgical Technology
- Malco Products
- Roxtec
- Olympus
- KARL STORZ
- Richard WOLF
- Coloplast
- Cook Medical
- Shanghai Medical Instruments
- Boston Scientific
- Medtronic
- Teleflex
- Stryker
- CooperSurgical
- ConMed
- Aesculap
- Scanlan
Highlights of The Neurosurgical Instruments Package Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Tweezers
- Electrosurgical Equipment
- Disinfection Equipment
- Other
- By Application:
- Hospital
- Plastic Surgery Hospital
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Neurosurgical Instruments Package Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A Neurosurgical Instruments Package is a collection of surgical tools and supplies used in neurosurgery.
Some of the major players in the neurosurgical instruments package market are MicroSurgical Technology, Malco Products, Roxtec, Olympus, KARL STORZ, Richard WOLF, Coloplast, Cook Medical, Shanghai Medical Instruments, Boston Scientific, Medtronic, Teleflex, Stryker, CooperSurgical, ConMed, Aesculap, Scanlan.
The neurosurgical instruments package market is expected to register a CAGR of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Neurosurgical Instruments Package Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Neurosurgical Instruments Package Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Neurosurgical Instruments Package Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Neurosurgical Instruments Package Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Neurosurgical Instruments Package Market Size & Forecast, 2020-2028
4.5.1 Neurosurgical Instruments Package Market Size and Y-o-Y Growth
4.5.2 Neurosurgical Instruments Package Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Tweezers
5.2.2 Electrosurgical Equipment
5.2.3 Disinfection Equipment
5.2.4 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Hospital
6.2.2 Plastic Surgery Hospital
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Neurosurgical Instruments Package Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Neurosurgical Instruments Package Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Tweezers
9.6.2 Electrosurgical Equipment
9.6.3 Disinfection Equipment
9.6.4 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Hospital
9.10.2 Plastic Surgery Hospital
9.10.3 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Tweezers
10.6.2 Electrosurgical Equipment
10.6.3 Disinfection Equipment
10.6.4 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Hospital
10.10.2 Plastic Surgery Hospital
10.10.3 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Tweezers
11.6.2 Electrosurgical Equipment
11.6.3 Disinfection Equipment
11.6.4 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Hospital
11.10.2 Plastic Surgery Hospital
11.10.3 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Tweezers
12.6.2 Electrosurgical Equipment
12.6.3 Disinfection Equipment
12.6.4 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Hospital
12.10.2 Plastic Surgery Hospital
12.10.3 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Tweezers
13.6.2 Electrosurgical Equipment
13.6.3 Disinfection Equipment
13.6.4 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Hospital
13.10.2 Plastic Surgery Hospital
13.10.3 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Neurosurgical Instruments Package Market: Competitive Dashboard
14.2 Global Neurosurgical Instruments Package Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 MicroSurgical Technology
14.3.2 Malco Products
14.3.3 Roxtec
14.3.4 Olympus
14.3.5 KARL STORZ
14.3.6 Richard WOLF
14.3.7 Coloplast
14.3.8 Cook Medical
14.3.9 Shanghai Medical Instruments
14.3.10 Boston Scientific
14.3.11 Medtronic
14.3.12 Teleflex
14.3.13 Stryker
14.3.14 CooperSurgical
14.3.15 ConMed
14.3.16 Aesculap
14.3.17 Scanlan
