Here are six takeaways:
1. North America and Europe lead the market due to:
• More patients with neurological disorders
• Greater availability of advanced neurosurgery technology
• More research and development
• Enhanced healthcare infrastructure
2. The Asia neurosurgery market will register the highest growth rate through 2021, because of a spike in R&D activities and more government funding support. Additionally, more awareness about neurological disorders and accessibility to treatments will boost the market.
3. Specifically, India, China and Japan will dominate the Asian neurosurgery market.
4. The costliness of neurosurgery equipment, strict regulations and unfavorable reimbursements will hinder market growth, though.
5. Key neurosurgery market trends include adoption of neurostimulation devices; boost in the number of mergers and acquisitions; quick product launches; and more partnerships.
More articles on spine:
Drs. Robert G. Watkins III, Ernest Braxton & more: 14 spine, neurosurgeons in the news
Hidden pain receptors may be to blame for chronic pain: 4 insights
5 best practices for spine surgery in ASCs; Total joints and spine in ASCs & more — 7 outpatient spine stories
At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.