Neurology Devices Global Market Sees Growth Rate Of 14% Through 2022

The global neurology devices market size is expected to grow from $13.94 billion in 2021 to $15.91 billion in 2022 at a compound annual growth rate (CAGR) of 14.2%. The global neurology device market size is expected to grow to $25.75 billion in 2026 at a CAGR of 12.8%.

What is the Global Neurology Devices Market?

The neurology devices market consists of sales of neurology devices and related services by entities (organizations, sole traders, and partnerships) that produce neurology devices to diagnose and treat neurological diseases.

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What drives the Global Neurology Devices Market?

The increase in the patient pool due to the rising geriatric population globally contributed significantly to the growth of the neurology devices market during the historic period. This rise in the geriatric population increased the demand for medical care and drove the healthcare expenditure. These factors increased the demand for neurology devices and drove the market during the historic period.

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Global Neurology Devices Market Segments
The global neurology devices market is segmented:
By Type: Cerebrospinal Fluid Management (CSF) Devices and Equipment, Interventional Neurology Devices and Equipment, Neurosurgery Devices and Equipment, Neurostimulation Devices
By End-User: Hospitals and Clinics, Diagnostic Laboratories, Others
By Type of Expenditure: Public, Private
By Product: Instruments/Equipment, Disposables
By Geography: The regions covered in the neurology devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

Neurology Devices Global Market Report 2022provides market size and growth forecasts for the global neurology devices market, global neurology devices market share, neurology devices market segments and geographies, neurology devices market competitive landscape including leading competitors’ revenues, profiles and market shares. The neurology devices market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

Global Neurology Devices Industry Playersinclude Medtronic Inc., Stryker Corporation, Terumo Corporation, Integra Lifesciences, Boston Scientific Corporation, Penumbra, Inc., B. Braun Group, Nevro, LivaNova, PLC, and Natus Medical. Based on industry trends and company analysis, the report explains a number of strategies for companies in the market.