PUBLISHER: IMARC | PRODUCT CODE: 1451538
PUBLISHER: IMARC | PRODUCT CODE: 1451538
Neurology Devices Market Report by Product, End User, and Region 2024-2032
The global neurology devices market size reached US$ 13.4 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 25.1 Billion by 2032, exhibiting a growth rate (CAGR) of 7.1% during 2024-2032.
Neurology is a stream of medical science that deals with diseases and disorders of the nervous system. There are numerous types of devices that are widely used in neurology. For instance, sacral nerve stimulation devices function by sending electrical impulses to the targeted sacral nerves located in the lower back. On the other hand, cerebrospinal fluid management devices maintain the cerebrospinal fluid flow and drain excess fluid from the brain. In line with this, interventional devices use radiology and catheters to diagnose the medical conditions present in the central nervous system, whereas deep brain stimulation devices aid in performing procedures by implanting a medical device that sends electrical impulses to specific target areas in the brain. These devices are instrumental in treating complex disorders. As a result, they find widespread applications in the treatment of numerous neurological disorders, such as obsessive-compulsive disorder, Parkinson's disease, dystonia, chronic pain, essential tremor, and major depression.
Neurology Devices Market Trends:
The market is primarily driven by considerable growth in the healthcare sector. In addition to this, the growing prevalence of neurological disorders across the globe is significantly contributing to the product demand. The increasing geriatric population and the rising incidences of neurovascular conditions, such as stroke, among the elderly are further propelling the adoption of neurology devices, thereby augmenting the growth of the market. Moreover, continual technological advancements in neurology devices and the widespread demand for minimally invasive (MI) surgeries are also acting as significant growth-inducing factors across the globe. Some of the other factors providing an impetus to the market growth include the expanding healthcare expenditure, huge investments made by global medical device manufacturers and extensive research and development (R&D) in the field of neurotherapy.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global neurology devices market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on product and end user.
Breakup by Product:
Neurostimulation Devices
Neurosurgery Devices
Interventional Neurology Devices
Cerebrospinal Fluid Management Devices
Others
Breakup by End User:
Hospitals
Ambulatory Surgery Centers
Neurology Clinics
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Abbott Laboratories, B. Braun, Boston Scientific Corporation, Integra LifeSciences, LivaNova PLC, Medtronic plc, Nihon Kohden Corporation, Penumbra Inc. and Stryker Corporation.
Key Questions Answered in This Report
- 1. What was the size of the global neurology devices market in 2023?
- 2. What is the expected growth rate of the global neurology devices market during 2024-2032?
- 3. What are the key factors driving the global neurology devices market?
- 4. What has been the impact of COVID-19 on the global neurology devices market?
- 5. What is the breakup of the global neurology devices market based on the product?
- 6. What is the breakup of the global neurology devices market based on the end user?
- 7. What are the key regions in the global neurology devices market?
- 8. Who are the key players/companies in the global neurology devices market?
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Neurology Devices Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Product
- 6.1 Neurostimulation Devices
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Neurosurgery Devices
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3 Interventional Neurology Devices
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
- 6.4 Cerebrospinal Fluid Management Devices
- 6.4.1 Market Trends
- 6.4.2 Market Forecast
- 6.5 Others
- 6.5.1 Market Trends
- 6.5.2 Market Forecast
7 Market Breakup by End User
- 7.1 Hospitals
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Ambulatory Surgery Centers
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Neurology Clinics
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
8 Market Breakup by Region
- 8.1 North America
- 8.1.1 United States
- 8.1.1.1 Market Trends
- 8.1.1.2 Market Forecast
- 8.1.2 Canada
- 8.1.2.1 Market Trends
- 8.1.2.2 Market Forecast
- 8.1.1 United States
- 8.2 Asia-Pacific
- 8.2.1 China
- 8.2.1.1 Market Trends
- 8.2.1.2 Market Forecast
- 8.2.2 Japan
- 8.2.2.1 Market Trends
- 8.2.2.2 Market Forecast
- 8.2.3 India
- 8.2.3.1 Market Trends
- 8.2.3.2 Market Forecast
- 8.2.4 South Korea
- 8.2.4.1 Market Trends
- 8.2.4.2 Market Forecast
- 8.2.5 Australia
- 8.2.5.1 Market Trends
- 8.2.5.2 Market Forecast
- 8.2.6 Indonesia
- 8.2.6.1 Market Trends
- 8.2.6.2 Market Forecast
- 8.2.7 Others
- 8.2.7.1 Market Trends
- 8.2.7.2 Market Forecast
- 8.2.1 China
- 8.3 Europe
- 8.3.1 Germany
- 8.3.1.1 Market Trends
- 8.3.1.2 Market Forecast
- 8.3.2 France
- 8.3.2.1 Market Trends
- 8.3.2.2 Market Forecast
- 8.3.3 United Kingdom
- 8.3.3.1 Market Trends
- 8.3.3.2 Market Forecast
- 8.3.4 Italy
- 8.3.4.1 Market Trends
- 8.3.4.2 Market Forecast
- 8.3.5 Spain
- 8.3.5.1 Market Trends
- 8.3.5.2 Market Forecast
- 8.3.6 Russia
- 8.3.6.1 Market Trends
- 8.3.6.2 Market Forecast
- 8.3.7 Others
- 8.3.7.1 Market Trends
- 8.3.7.2 Market Forecast
- 8.3.1 Germany
- 8.4 Latin America
- 8.4.1 Brazil
- 8.4.1.1 Market Trends
- 8.4.1.2 Market Forecast
- 8.4.2 Mexico
- 8.4.2.1 Market Trends
- 8.4.2.2 Market Forecast
- 8.4.3 Others
- 8.4.3.1 Market Trends
- 8.4.3.2 Market Forecast
- 8.4.1 Brazil
- 8.5 Middle East and Africa
- 8.5.1 Market Trends
- 8.5.2 Market Breakup by Country
- 8.5.3 Market Forecast
9 SWOT Analysis
- 9.1 Overview
- 9.2 Strengths
- 9.3 Weaknesses
- 9.4 Opportunities
- 9.5 Threats
10 Value Chain Analysis
11 Porters Five Forces Analysis
- 11.1 Overview
- 11.2 Bargaining Power of Buyers
- 11.3 Bargaining Power of Suppliers
- 11.4 Degree of Competition
- 11.5 Threat of New Entrants
- 11.6 Threat of Substitutes
12 Price Analysis
13 Competitive Landscape
- 13.1 Market Structure
- 13.2 Key Players
- 13.3 Profiles of Key Players
- 13.3.1 Abbott Laboratories
- 13.3.1.1 Company Overview
- 13.3.1.2 Product Portfolio
- 13.3.1.3 Financials
- 13.3.1.4 SWOT Analysis
- 13.3.2 B. Braun
- 13.3.2.1 Company Overview
- 13.3.2.2 Product Portfolio
- 13.3.2.3 SWOT Analysis
- 13.3.3 Boston Scientific Corporation
- 13.3.3.1 Company Overview
- 13.3.3.2 Product Portfolio
- 13.3.3.3 Financials
- 13.3.3.4 SWOT Analysis
- 13.3.4 Integra LifeSciences
- 13.3.4.1 Company Overview
- 13.3.4.2 Product Portfolio
- 13.3.4.3 Financials
- 13.3.4.4 SWOT Analysis
- 13.3.5 LivaNova PLC
- 13.3.5.1 Company Overview
- 13.3.5.2 Product Portfolio
- 13.3.5.3 Financials
- 13.3.6 Medtronic plc
- 13.3.6.1 Company Overview
- 13.3.6.2 Product Portfolio
- 13.3.6.3 Financials
- 13.3.6.4 SWOT Analysis
- 13.3.7 Nihon Kohden Corporation
- 13.3.7.1 Company Overview
- 13.3.7.2 Product Portfolio
- 13.3.7.3 Financials
- 13.3.7.4 SWOT Analysis
- 13.3.8 Penumbra Inc.
- 13.3.8.1 Company Overview
- 13.3.8.2 Product Portfolio
- 13.3.8.3 Financials
- 13.3.9 Stryker Corporation
- 13.3.9.1 Company Overview
- 13.3.9.2 Product Portfolio
- 13.3.9.3 Financials
- 13.3.9.4 SWOT Analysis
- 13.3.1 Abbott Laboratories
List of Figures
- Figure 1: Global: Neurology Devices Market: Major Drivers and Challenges
- Figure 2: Global: Neurology Devices Market: Sales Value (in Billion US$), 2018-2023
- Figure 3: Global: Neurology Devices Market Forecast: Sales Value (in Billion US$), 2024-2032
- Figure 4: Global: Neurology Devices Market: Breakup by Product (in %), 2023
- Figure 5: Global: Neurology Devices Market: Breakup by End User (in %), 2023
- Figure 6: Global: Neurology Devices Market: Breakup by Region (in %), 2023
- Figure 7: Global: Neurology Devices (Neurostimulation Devices) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 8: Global: Neurology Devices (Neurostimulation Devices) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 9: Global: Neurology Devices (Neurosurgery Devices) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 10: Global: Neurology Devices (Neurosurgery Devices) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 11: Global: Neurology Devices (Interventional Neurology Devices) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 12: Global: Neurology Devices (Interventional Neurology Devices) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 13: Global: Neurology Devices (Cerebrospinal Fluid Management Devices) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 14: Global: Neurology Devices (Cerebrospinal Fluid Management Devices) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 15: Global: Neurology Devices (Other Products) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 16: Global: Neurology Devices (Other Products) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 17: Global: Neurology Devices (Hospitals) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 18: Global: Neurology Devices (Hospitals) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 19: Global: Neurology Devices (Ambulatory Surgery Centers) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 20: Global: Neurology Devices (Ambulatory Surgery Centers) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 21: Global: Neurology Devices (Neurology Clinics) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 22: Global: Neurology Devices (Neurology Clinics) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 23: North America: Neurology Devices Market: Sales Value (in Million US$), 2018 & 2023
- Figure 24: North America: Neurology Devices Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 25: United States: Neurology Devices Market: Sales Value (in Million US$), 2018 & 2023
- Figure 26: United States: Neurology Devices Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 27: Canada: Neurology Devices Market: Sales Value (in Million US$), 2018 & 2023
- Figure 28: Canada: Neurology Devices Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 29: Asia-Pacific: Neurology Devices Market: Sales Value (in Million US$), 2018 & 2023
- Figure 30: Asia-Pacific: Neurology Devices Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 31: China: Neurology Devices Market: Sales Value (in Million US$), 2018 & 2023
- Figure 32: China: Neurology Devices Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 33: Japan: Neurology Devices Market: Sales Value (in Million US$), 2018 & 2023
- Figure 34: Japan: Neurology Devices Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 35: India: Neurology Devices Market: Sales Value (in Million US$), 2018 & 2023
- Figure 36: India: Neurology Devices Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 37: South Korea: Neurology Devices Market: Sales Value (in Million US$), 2018 & 2023
- Figure 38: South Korea: Neurology Devices Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 39: Australia: Neurology Devices Market: Sales Value (in Million US$), 2018 & 2023
- Figure 40: Australia: Neurology Devices Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 41: Indonesia: Neurology Devices Market: Sales Value (in Million US$), 2018 & 2023
- Figure 42: Indonesia: Neurology Devices Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 43: Others: Neurology Devices Market: Sales Value (in Million US$), 2018 & 2023
- Figure 44: Others: Neurology Devices Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 45: Europe: Neurology Devices Market: Sales Value (in Million US$), 2018 & 2023
- Figure 46: Europe: Neurology Devices Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 47: Germany: Neurology Devices Market: Sales Value (in Million US$), 2018 & 2023
- Figure 48: Germany: Neurology Devices Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 49: France: Neurology Devices Market: Sales Value (in Million US$), 2018 & 2023
- Figure 50: France: Neurology Devices Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 51: United Kingdom: Neurology Devices Market: Sales Value (in Million US$), 2018 & 2023
- Figure 52: United Kingdom: Neurology Devices Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 53: Italy: Neurology Devices Market: Sales Value (in Million US$), 2018 & 2023
- Figure 54: Italy: Neurology Devices Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 55: Spain: Neurology Devices Market: Sales Value (in Million US$), 2018 & 2023
- Figure 56: Spain: Neurology Devices Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 57: Russia: Neurology Devices Market: Sales Value (in Million US$), 2018 & 2023
- Figure 58: Russia: Neurology Devices Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 59: Others: Neurology Devices Market: Sales Value (in Million US$), 2018 & 2023
- Figure 60: Others: Neurology Devices Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 61: Latin America: Neurology Devices Market: Sales Value (in Million US$), 2018 & 2023
- Figure 62: Latin America: Neurology Devices Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 63: Brazil: Neurology Devices Market: Sales Value (in Million US$), 2018 & 2023
- Figure 64: Brazil: Neurology Devices Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 65: Mexico: Neurology Devices Market: Sales Value (in Million US$), 2018 & 2023
- Figure 66: Mexico: Neurology Devices Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 67: Others: Neurology Devices Market: Sales Value (in Million US$), 2018 & 2023
- Figure 68: Others: Neurology Devices Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 69: Middle East and Africa: Neurology Devices Market: Sales Value (in Million US$), 2018 & 2023
- Figure 70: Middle East and Africa: Neurology Devices Market: Breakup by Country (in %), 2023
- Figure 71: Middle East and Africa: Neurology Devices Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 72: Global: Neurology Devices Industry: SWOT Analysis
- Figure 73: Global: Neurology Devices Industry: Value Chain Analysis
- Figure 74: Global: Neurology Devices Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Neurology Devices Market: Key Industry Highlights, 2023 and 2032
- Table 2: Global: Neurology Devices Market Forecast: Breakup by Product (in Million US$), 2024-2032
- Table 3: Global: Neurology Devices Market Forecast: Breakup by End User (in Million US$), 2024-2032
- Table 4: Global: Neurology Devices Market Forecast: Breakup by Region (in Million US$), 2024-2032
- Table 5: Global: Neurology Devices Market: Competitive Structure
- Table 6: Global: Neurology Devices Market: Key Players
