North American leads global neurosurgery market — 5 points

North America, followed by Europe, holds the largest neurosurgery global market share, based on a Persistence report, according to medGadget.

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Here are five points:

 

1. Technology advancements in surgical equipment, an increased number of patients with neurological conditions, a rising aging population and an increase in research and development activities contribute to the growth of the global neurosurgery market.

 

2. Asia is expected to witness a high rate of growth in the neurosurgery market in the coming years, due to a growing awareness of neurological disorders and increased government funding for the market.

 

3. India, China and Japan will lead the market’s growth in Asia.

 

4. Costly equipment and strict reimbursement regulations serve as obstacles to the market’s growth.  

 

5. Some key companies in the market include Codman & Shurtleff, Medtronic, B. Braun Melsungen, Styker, BrainLab, Integra LifeSciences and NeuroVista.

 

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