The Sweden neurology devices market size is projected to expand at a substantial CAGR during the forecast period 2021-2018. 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 fast recanalization and low bleeding risk. The overall market is predicted to rise due to rising healthcare spending, increased foreign direct investment by global medical device manufacturers, and rising neurological illness prevalence.
The report on the Sweden 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 |
Sweden Neurology Devices Market - Industry Analysis, Growth, Share, Size, Trends, and Forecast |
Base Year |
2021 |
Historic Data |
2019–2020 |
Forecast Period |
2021–2028 |
Segmentation |
Types (Photoelectric, Dual-sensor, Ionization), End-users (Hospitals, Ambulatory Surgery Centers, and Neurology Clinics) |
Country Scope |
Sweden |
Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
Key Players Covered in the Report |
B. Braun Melsungen AG, Stryker Corporation, Boston Scientific Corporation, Medtronic PLC, Abbott Laboratories |
Based on types, the Sweden neurology devices market is segregated into neurosurgery devices, neurostimulation device, interventional neurology device, neurosurgery device, cerebrospinal fluid management device, 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 neuro therapies. These devices are effective in treating bladder problems. Therefore, as the incidence of the 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.
Based on end users, the 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.
The Sweden neurology devices market is segmented on the basis of
Sweden
The major players in the Sweden neurology devices market include BRK Brands, Hochiki America, Honeywell International, Kidde, Siemens, Apollo Fire Detectors, and Emerson Electric.
Some of these players are using several market strategies including mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to increase their market shares.
The Sweden neurology devices market is segmented on the basis of
Sweden
The major players in the Sweden neurology devices market include BRK Brands, Hochiki America, Honeywell International, Kidde, Siemens, Apollo Fire Detectors, and Emerson Electric.
Some of these players are using several market strategies including mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to increase their market shares.
Some other reports from this category!