Neurosurgery market to grow at 19% CAGR through 2020 — 4 observations

Spinal Tech

The global neurosurgery devices market will grow at a compound annual growth rate of 19 percent through 2020, according to Insider Tradings.

Here are four observations:

 

1. The global market was valued at $1.68 billion in 2016.

 

2. In 2016, the neurosurgery devices market accounted for the third largest in the global neurology devices market.

 

3. Growth in disposable income, a boost in tourism and an aging population will increase the global neurosurgery devices market.

 

4. Key market players include Abbott, Medtronic, Boston Scientific, Integra, Stryker Corporation and DePuy Synthes.

 

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