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South Africa Neurology Devices Market Size, Share | 2031
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South Africa Neurology Devices Market Size, Share | 2031

Segments - South Africa Neurology Devices Market by Types of Devices (Interventional Neurology Devices [Neurothrombectomy Devices, Interventional/Surgical Simulators, Carotid Artery Stents, and Others], and Cerebrospinal Fluid Management Devices), Neurosurgery Devices (Stereotactic Systems, Neuroendoscopes, and Others), Neurostimulation Devices (Sacral Nerve Stimulation Devices, Spinal Cord Stimulation Devices, Deep Brain Stimulation Devices, and Others), Country - Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 – 2031

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Author : Raksha Sharma
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Fact-checked by : V. Chandola
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Editor : Vishal Golekar

Upcoming | Report ID :HC-1531 | 4.1 Rating | 76 Reviews | 220 Pages | Format : PDF Excel PPT

Report Description


South Africa Neurology Devices Market Outlook 2031

The South Africa neurology devices market size was USD 82 Million in 2022 and is anticipated to reach USD 121.86 Million by 2031 register a significant CAGR 4.5% during the forecast period, 2023–2031. The growth of the market is attributed to the growth in the prevalence of neural disorders.

Neurological devices are medical devices that aid in the diagnosis, prevention, and treatment of a wide range of neurological diseases and situations, including Alzheimer's disease, major depression, Parkinson's disease, and traumatic brain injury.

South Africa Neurology Devices Market Outlook

To comprehend and assess patient problems, neurologists use a variety of equipment. Penlights, reflex hammers, eye charts, inclinometers, tuning forks, and neurological gadgets are among the neurology items available at QuickMedical.

  • Growing neurological disorders including Alzheimer’s, Parkinson’s, depression, epilepsy, and vital tremors are projected to propel the market growth during the forecast period.
  • Private companies have made significant investments in neurology equipment, as well as increased R&D in the area of neurotherapy, which are anticipated to spur the market expansion in the coming years.
  • Focus on building improved neurostimulation and neuromodulation approaches that help patients using low invasive procedures is the major factor boosting the market growth during the forecast period.
  • Increased price of neurology devices is expected to restrict the market expansion.
  • Several issues, including strict regulatory government rules, are estimated to hamper the market expansion.
  • For companies in the neurology devices market, the creation of revolutionary vector graphics for neurological diseases is estimated to create significant opportunities for the market players.

Scope of The South Africa Neurology Devices Market Report

The report on the South Africa 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

Neurology Devices Market – South Africa Country Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2022

Historic Data

2016–2021

Forecast Period

2023–2031

Segmentation

Types of Devices (Interventional Neurology Devices [Neurothrombectomy Devices, Interventional/Surgical Simulators, Carotid Artery Stents, and Others], and Cerebrospinal Fluid Management Devices), Neurosurgery Devices (Stereotactic Systems, Neuroendoscopes, and Others), and Neurostimulation Devices (Sacral Nerve Stimulation Devices, Spinal Cord Stimulation Devices, Deep Brain Stimulation Devices, and Others)

Country

South Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

Integra LifeSciences Corporation; Smith & Nephew; Nihon Kohden Corporation; Johnson and Johnson; Abbott Laboratories; Medtronic PLC; Stryker Corporation; and Braun Melsungen AG

South Africa Neurology Devices Market Segment Insights

Cerebrospinal fluid management devices segment is projected to account for a major market share

Based on types of devices, the South Africa neurology devices market is segregated into interventional neurology devices [neurothrombectomy devices, interventional/surgical simulators, carotid artery stents, and others], and cerebrospinal fluid management devices.

The cerebrospinal fluid management devices segment is expected to account for a key share of the market in the coming years owing to the increase in the use of this equipment for neurological device diagnostics. These monitoring devices, for example, are typically used to diagnose and cure multiple sclerosis, encephalitis, myelitis, and other diseases.

South Africa Neurology Devices Market Types of Devices

Neuroendoscopes segment is expected to grow at a robust pace

On the basis of neurosurgery devices, the market is segmented into stereotactic systems, neuroendoscopes, and others. The neuroendoscopes segment is expected to constitute a key share of the market during the forecast period owing to the neuroendoscopic surgery because it often causes the least amount of harm to normal structures, has a reduced rate of problems and produces great results.

Surgeons can execute sophisticated operations through very tiny incisions using an endoscope and similar devices, which is highly helpful for minimally invasive surgical procedures for the spine. In both the lumbar and thoracic regions, endoscopic discectomy is becoming more prevalent.

South Africa Neurology Devices Market Neurosurgery Devices

Sacral nerve stimulation devices segment is anticipated to register at a rapid CAGR

In terms of neurostimulation devices, the South Africa neurology devices market is divided into sacral nerve stimulation devices, spinal cord stimulation devices, deep brain stimulation devices, and Others. The sacral nerve stimulation devices segment is expected to represent a key share of the market in the coming years due to the sacral nerve stimulation devices are typically utilized for individuals who have failed to respond to drug treatment or other types of drugs.

It's done with the use of a tiny gadget that can transmit electrical signals to the sacral nerves in the lower spine. These devices are effective in the treatment of bladder issues. As a result of the rising prevalence of enlarged prostate, the market for sacral nerve stimulation devices is expected to expand during the forecast period.

Patients with fecal matter and bladder dysfunction can benefit from sacral nerve stimulation devices, which are both safe and effective. The market is being driven by increased demand for low invasive treatment, growing incidence of urinary bladder disorders, and technological developments including the development of newer coatings and engineering methodologies.

Segments


The South Africa neurology devices market has been segmented based on

Types of Devices

  • Interventional Neurology Devices
    • Neurothrombectomy Devices
    • Interventional/Surgical Simulators
    • Carotid Artery Stents
    • Others
  • Cerebrospinal Fluid Management Devices

Neurosurgery Devices

  • Stereotactic Systems
  • Neuroendoscopes
  • Others

Neurostimulation Devices

  • Sacral Nerve Stimulation Devices
  • Spinal Cord Stimulation Devices
  • Deep Brain Stimulation Devices
  • Others

Key Players

Competitive Landscape

Key players competing in the South Africa neurology devices market are Integra LifeSciences Corporation; Smith & Nephew; Nihon Kohden Corporation; Johnson and Johnson; Abbott Laboratories; Medtronic PLC; Stryker Corporation; and Braun Melsungen AG. Some of these players are adopting several business strategies such as acquisitions, mergers, collaborations, partnerships, capacity expansion, and product launches to enhance their market shares.

South Africa Neurology Devices Market Key Players

Table Of Content

1. Executive Summary
2. 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 Types
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Types
     5.2.2. Y-o-Y Growth Projections by Types
  5.3. Neurology Devices Market Size and Volume Forecast by Types
     5.3.1. Interventional Neurology Devices Cerebrospinal Fluid Management Devices
  5.4. Absolute $ Opportunity Assessment by Types
  5.5. Market Attractiveness/Growth Potential Analysis by Types
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 Types
     7.4.1. Interventional Neurology Devices Cerebrospinal Fluid Management Devices
  7.5. Basis Point Share (BPS) Analysis by Types
  7.6. Y-o-Y Growth Projections by Types
  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 Types
     8.4.1. Interventional Neurology Devices Cerebrospinal Fluid Management Devices
  8.5. Basis Point Share (BPS) Analysis by Types
  8.6. Y-o-Y Growth Projections by Types
  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 Types
     9.4.1. Interventional Neurology Devices Cerebrospinal Fluid Management Devices
  9.5. Basis Point Share (BPS) Analysis by Types
  9.6. Y-o-Y Growth Projections by Types
  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 Types
     10.4.1. Interventional Neurology Devices Cerebrospinal Fluid Management Devices
  10.5. Basis Point Share (BPS) Analysis by Types
  10.6. Y-o-Y Growth Projections by Types
  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 Types
     11.4.1. Interventional Neurology Devices Cerebrospinal Fluid Management Devices
  11.5. Basis Point Share (BPS) Analysis by Types
  11.6. Y-o-Y Growth Projections by Types
  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. Integra LifeSciences Corporation
     12.4.2. Smith & Nephew
     12.4.3. Nihon Kohden Corporation
     12.4.4. Johnson and Johnson
     12.4.5. Abbott Laboratories
     12.4.6. Medtronic PLC
     12.4.7. Stryker Corporation
     12.4.8. Braun Melsung

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