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

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

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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.

 

More articles on devices:
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FDA releases new guidance for 3-D printing medical devices: 5 things to know

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