Japan Neurology Devices Market Opportunities, Industry 2031
Japan Neurology Devices Market Opportunities, Industry 2031
Segments - Japan Neurology Devices Market by Type of Devices (Cerebrospinal Fluid Management Devices, Interventional Neurology Devices [Interventional/Surgical Simulators, Neurothrombectomy Devices, Carotid Artery Stents, and Others], Neurosurgery Devices [Neuroendoscopes, Stereotactic Systems, and Others], Neurostimulation Devices [Spinal Cord Stimulation Devices, Deep Brain Stimulation Devices, Sacral Nerve Stimulation Devices, and Others], and Others), and End Users (Hospitals, Ambulatory Surgery Centers, and Neurology Clinics) - Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 - 2031
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| Report ID :HC-1529
| 4.2 Rating
| 75 Reviews
| 183 Pages
| Format :
Report Description
Japan Neurology Devices Market Outlook 2031:
The Japan neurology devices market size was valued at USD 784.44 Million in 2022 and is projected to reach USD 1.60 Billion by 2031, expanding at a CAGR of 8.3% during the forecast period 2023 - 2031. Growth of the market is attributed to the increasing neurological diseases, rising investment in neuroscience equipment by private agents, and the growth of R&D in neurotherapies.
Neurological equipment helps in early detection of various neurological diseases to help prevent Alzheimer’s disease, major depression, spinal cord injury, acute ischemic stroke, traumatic brain injury, and other diseases. These devices represent minimally invasive based technology. Neurological devices are usually used in complex neurological cases, such as acute ischemic stroke, and are recommended for minimally invasive treatment. Compared to drug thrombolysis, these devices have potential advantages, such as faster recanalization and lower bleeding risk.
Neurology Devices Market Trends, Drivers, Restraints, and Opportunities
- Increasing investment in pharmaceutical and biotechnology industry is anticipated to boost the market during the forecast period.
- Rapid growth of the healthcare industry due to increasing geriatric population is the major factors fueling the market during the forecast period.
- Growing demand for minimally invasive surgeries and improvement in healthcare infrastructure is projected to drive the market during forecast period.
- High cost of neurological treatments and devices is anticipated to restrict the market growth.
- Implementations of strict regulations by government on neurological devices act as major challenges that can hamper the market growth during the forecast period.
- R&D investment and technological advancement of neurological devices for easy and minimally invasive diagnosis of neurological disorders is expected to offer immense opportunities for the market players.
Scope of Neurology Devices Market Report
The report on the Japan neurology devices market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
|
Attributes |
Details |
|
Report Title |
Japan Neurology Devices Market - Industry Analysis, Growth, Share, Size, Trends, and Forecast |
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Base Year |
2022 |
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Historic Data |
2016–2021 |
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Forecast Period |
2023–2031 |
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Segmentation |
Type of Devices (Cerebrospinal Fluid Management Devices, Interventional Neurology Devices [Interventional/Surgical Simulators, Neurothrombectomy Devices, Carotid Artery Stents, and Others], Neurosurgery Devices [Neuroendoscopes, Stereotactic Systems, and Others], Neurostimulation Devices [Spinal Cord Stimulation Devices, Deep Brain Stimulation Devices, Sacral Nerve Stimulation Devices, and Others], and Others), and End Users (Hospitals, Ambulatory Surgery Centers, and Neurology Clinics) |
|
Geography |
Japan |
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Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
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Key Players Covered in the Report |
Stryker Corporation, Abbott Laboratories, Boston Scientific Corporation, B. Braun Melsungen AG, and Medtronic PLC |
Neurology Devices Market Segment Insights
The sacral nerve stimulation segment is projected to hold a major market share
Based on type of devices, the neurology devices market is fragmented into cerebrospinal fluid management devices, interventional neurology devices, neurosurgery devices, neurostimulation devices, and others.
The sacral nerve stimulation segment is expected to represent a key share of the market during the forecast period owing to increasing neurological diseases, large investment in neuroscience equipment by private agents, and growth of R&D in neurotherapies. These devices are effective in treating bladder problems. Therefore, as the incidence of overactive bladder increases, it is expected that the demand for sacral nerve stimulation devices will grow during the forecast period.
The sacral nerve stimulation device is an effective and safe method for treating patients with stool and urinary dysfunction. Increasing demand for minimally invasive therapies, increasing prevalence of bladder diseases, and introduction of new coatings and engineering strategies are the main factors driving the market.
The hospitals segment is anticipated to expand at a substantial CAGR
Based on end users, the neurology devices market is segregated into hospitals, ambulatory surgery centers, and neurology clinics. The hospital segment accounts for a significant share of the market. Growth of the market is attributed to increasing prevalence of neurological disorders and rapid advancement in neurology devices.
On the other hand, the ambulatory surgery centers segment is anticipated to expand at a rapid pace during the forecast period due to increasing inclination of patients for minimally invasive medical procedures, increasing number of outpatient surgery centers in developed countries, and convenience of programming in these centers, professional clinical staff, increased productivity, and increased safety and efficiency.
Segments
The Japan neurology device market has been segmented on the basis of
Type of Devices
- Cerebrospinal Fluid Management Devices
- Interventional Neurology Devices
- Interventional/Surgical Simulators
- Neurothrombectomy Devices
- Carotid Artery Stents
- Others
- Neurosurgery Devices
- Neuroendoscopes
- Stereotactic Systems
- Others
- Neurostimulation Devices
- Spinal Cord Stimulation Devices
- Deep Brain Stimulation Devices
- Sacral Nerve Stimulation Devices
- Other Neurostimulation Devices
- Other Types of Devices
End Users
- Hospitals
- Ambulatory Surgery Centers
- Neurology Clinics
Key Players
- Stryker Corporation
- Abbott Laboratories
- Boston Scientific Corporation
- B. Braun Melsungen AG
- Medtronic PLC
Competitive Landscape
Key players competing in the neurology devices market include Stryker Corporation, Abbott Laboratories, Boston Scientific Corporation, B. Braun Melsungen AG, and Medtronic PLC.
Some of these players are using several market strategies including mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to increase their market shares.
Table Of Content
1. Executive Summary2. Assumptions and Acronyms Used
3. Research Methodology
4. Neurology Devices Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Neurology Devices Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Neurology Devices Market - Supply Chain
4.5. Global Neurology Devices Market Forecast
4.5.1. Neurology Devices Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Neurology Devices Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Neurology Devices Market Absolute $ Opportunity
5. Global Neurology Devices Market Analysis and Forecast by End Users
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by End Users
5.2.2. Y-o-Y Growth Projections by End Users
5.3. Neurology Devices Market Size and Volume Forecast by End Users
5.3.1. Hospitals
5.3.2. Ambulatory Surgery Centers
5.3.3. Neurology Clinics
5.4. Absolute $ Opportunity Assessment by End Users
5.5. Market Attractiveness/Growth Potential Analysis by End Users
6. Global Neurology Devices Market Analysis and Forecast by Region
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Region
6.2.2. Y-o-Y Growth Projections by Region
6.3. Neurology Devices Market Size and Volume Forecast by Region
6.3.1. North America
6.3.2. Latin America
6.3.3. Europe
6.3.4. Asia Pacific
6.3.5. Middle East and Africa (MEA)
6.4. Absolute $ Opportunity Assessment by Region
6.5. Market Attractiveness/Growth Potential Analysis by Region
6.6. Global Neurology Devices Demand Share Forecast, 2019-2026
7. North America Neurology Devices Market Analysis and Forecast
7.1. Introduction
7.1.1. Basis Point Share (BPS) Analysis by Country
7.1.2. Y-o-Y Growth Projections by Country
7.2. North America Neurology Devices Market Size and Volume Forecast by Country
7.2.1. U.S.
7.2.2. Canada
7.3. Absolute $ Opportunity Assessment by Country
7.4. North America Neurology Devices Market Size and Volume Forecast by End Users
7.4.1. Hospitals
7.4.2. Ambulatory Surgery Centers
7.4.3. Neurology Clinics
7.5. Basis Point Share (BPS) Analysis by End Users
7.6. Y-o-Y Growth Projections by End Users
7.7. Market Attractiveness/Growth Potential Analysis
7.7.1. By Country
7.7.2. By Product Type
7.7.3. By Application
7.8. North America Neurology Devices Demand Share Forecast, 2019-2026
8. Latin America Neurology Devices Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.1.3. Latin America Average Pricing Analysis
8.2. Latin America Neurology Devices Market Size and Volume Forecast by Country
8.2.1. Brazil
8.2.2. Mexico
8.2.3. Rest of Latin America
8.3. Absolute $ Opportunity Assessment by Country
8.4. Latin America Neurology Devices Market Size and Volume Forecast by End Users
8.4.1. Hospitals
8.4.2. Ambulatory Surgery Centers
8.4.3. Neurology Clinics
8.5. Basis Point Share (BPS) Analysis by End Users
8.6. Y-o-Y Growth Projections by End Users
8.7. Market Attractiveness/Growth Potential Analysis
8.7.1. By Country
8.7.2. By Product Type
8.7.3. By Application
8.8. Latin America Neurology Devices Demand Share Forecast, 2019-2026
9. Europe Neurology Devices Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Europe Average Pricing Analysis
9.2. Europe Neurology Devices Market Size and Volume Forecast by Country
9.2.1. Germany
9.2.2. France
9.2.3. Italy
9.2.4. U.K.
9.2.5. Spain
9.2.6. Russia
9.2.7. Rest of Europe
9.3. Absolute $ Opportunity Assessment by Country
9.4. Europe Neurology Devices Market Size and Volume Forecast by End Users
9.4.1. Hospitals
9.4.2. Ambulatory Surgery Centers
9.4.3. Neurology Clinics
9.5. Basis Point Share (BPS) Analysis by End Users
9.6. Y-o-Y Growth Projections by End Users
9.7. Market Attractiveness/Growth Potential Analysis
9.7.1. By Country
9.7.2. By Product Type
9.7.3. By Application
9.8. Europe Neurology Devices Demand Share Forecast, 2019-2026
10. Asia Pacific Neurology Devices Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Asia Pacific Average Pricing Analysis
10.2. Asia Pacific Neurology Devices Market Size and Volume Forecast by Country
10.2.1. China
10.2.2. Japan
10.2.3. South Korea
10.2.4. India
10.2.5. Australia
10.2.6. Rest of Asia Pacific (APAC)
10.3. Absolute $ Opportunity Assessment by Country
10.4. Asia Pacific Neurology Devices Market Size and Volume Forecast by End Users
10.4.1. Hospitals
10.4.2. Ambulatory Surgery Centers
10.4.3. Neurology Clinics
10.5. Basis Point Share (BPS) Analysis by End Users
10.6. Y-o-Y Growth Projections by End Users
10.7. Market Attractiveness/Growth Potential Analysis
10.7.1. By Country
10.7.2. By Product Type
10.7.3. By Application
10.8. Asia Pacific Neurology Devices Demand Share Forecast, 2019-2026
11. Middle East & Africa Neurology Devices Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Middle East & Africa Average Pricing Analysis
11.2. Middle East & Africa Neurology Devices Market Size and Volume Forecast by Country
11.2.1. Saudi Arabia
11.2.2. South Africa
11.2.3. UAE
11.2.4. Rest of Middle East & Africa (MEA)
11.3. Absolute $ Opportunity Assessment by Country
11.4. Middle East & Africa Neurology Devices Market Size and Volume Forecast by End Users
11.4.1. Hospitals
11.4.2. Ambulatory Surgery Centers
11.4.3. Neurology Clinics
11.5. Basis Point Share (BPS) Analysis by End Users
11.6. Y-o-Y Growth Projections by End Users
11.7. Market Attractiveness/Growth Potential Analysis
11.7.1. By Country
11.7.2. By Product Type
11.7.3. By Application
11.8. Middle East & Africa Neurology Devices Demand Share Forecast, 2019-2026
12. Competition Landscape
12.1. Global Neurology Devices Market: Market Share Analysis
12.2. Neurology Devices Distributors and Customers
12.3. Neurology Devices Market: Competitive Dashboard
12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
12.4.1. Stryker Corporation
12.4.2. Abbott Laboratories
12.4.3. Boston Scientific Corporation
12.4.4. B. Braun Melsungen AG
12.4.5. Medtronic PLC
Methodology
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