The neuroendoscopy market is expected to reach USD 218.9 million by 2022 from USD 163.9 million in 2016, at a CAGR of 5.1% during the forecast period. Factors such as favorable government initiatives, rising prevalence of neurological disorders, and benefits of neuroendoscopic surgery over conventional brain surgery are driving the growth of this market. However, the high cost of neuroendoscopy procedures and equipment may hinder the growth of the market.
Neuroendoscopy Market, By Application
1 Introduction
2 Transnasal Neuroendoscopy
3 Intraventricular Neuroendoscopy
4 Transcranial Neuroendoscopy
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Transnasal procedures help surgeons to approach the anterior cranial base, parasellar region, clivus, cavernous sinus, and craniovertebral junction in a less invasive manner as compared to conventional neurosurgery techniques.
Neuroendoscopic surgery for intraventricular brain tumors is one of the major applications of neuroendoscopy. This approach is used in selective conditions, such as tumor biopsy, concordant CSF diversion, treatment of non-communicating hydrocephalus, management of pineal tumor patients, fenestration of intracranial cysts, and removal of fibroid cysts.
Transcranial neuroendoscopy is used in the diagnosis and treatment of larger tumors with significant suprasellar extension. There are two types of endoscopic transcranial approaches transglabellar or supraorbital which are widely used by neurosurgeons.
Major Market Developments:
- In 2017, KARL STORZ partnered with Ortega Clinic (Peru) to equip the hospital with an integrated KARL STORZ 3D operating room (OR) and accessories
- In 2017, B.Braun opened a subsidiary in Zambia. This will help the company to establish its business in Zambia and expand its presence in the African region.
Know more in detail analysis of Neuroendoscopy Market by Product (Rigid (Videoscope, Fiberscope), Flexible endoscope), Usability (Reuse and Disposable), Application (Transnasal, Intraventricular, and Transcranial), Region (North America, Europe, Asia) – Global Forecast to 2022.
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