This report presents a strategic analysis of the Australia Neurology Devices Market and a forecast for its development in the medium and long term. It provides a broad overview of the market dynamics, trends and insights, growth drivers and restraints, segmentation, competitive landscape, healthcare policies and regulatory framework, reimbursement scenario, challenges and future outlook. This is one of the most comprehensive reports about the Australia Neurology Devices Market, offering unmatched value, accuracy and expert insights.
Numerous neurological problems are treated with the aid of neurological gadgets, as they are pathophysiological conditions that affect the brain, spinal cord, and nervous system. These tools are used to treat conditions like Alzheimer’s, Parkinson's, cancers, tumors, etc. To maintain the flow of cerebrospinal fluid and remove extra fluid from the brain, cerebrospinal fluid management devices also include shunts, valves, and external drainage systems.
The Australia Neurology Device Market size is at around US $ xx Bn in 2021 and is projected to reach US $ xx Bn in 2030, exhibiting a CAGR of xx% during the forecast period.
Australia Neurology Device Market Size (In USD Bn)
Market Growth Drivers Analysis
In comparison to neurostimulation devices, interventional neurology equipment has a sizably larger market share and is expected to rise significantly over the next several years. The use of fluorescence and other image-guided techniques in minimally invasive treatments for severe and complex vascular problems of the head, neck, and spine contributed to the second-largest proportion of this market in 2014.
Rapid developments in this field, such as the intravascular delivery of bone marrow-derived stem cells employing autologous stem cell therapy for treating brain injury, are also expected to support the segment's expansion through 2022. Given the increased prevalence of disorders like cerebral stroke, cerebral balloon angioplasty—a type of interventional neurology device—is anticipated to develop profitably over the projected period. In addition, a strong preference for pairing cerebral stents with angioplasty in order to prevent carotid plaque from reaccumulating in the afflicted vessels is anticipated to spur the expansion of this sub-segment in the upcoming years.
The prominent players operating in this market include Johnson and Johnson, L. Gore & Associates, Braun Mesungen AG, Jude Medical Inc., Integra LifeSciences Holdings, Esaote, Boston Scientific, Stryker Corporation, Medtronic PLC (Ireland), Rapid Medical, Acandis GmbH, MicroPort Scientific Corporation, etc.
1. Report Description of the Australia Neurology Device Market
1.1 Research Scope and Assumption
1.2 Objective of the study
1.3 Research Methodology
1.4 Reason to buy the report
2. Australia Neurology Device Market Executive Summary
2.1 Australia Neurology Device Market – Industry Snapshot & key buying criteria, 2021-2030
2.2 Market Size, Growth Prospects, and Key findings
3. Market Dynamics of Australia Neurology Device Market
3.1 Market Growth Drivers Analysis
3.2 Market Restrains Analysis
4. Australia Neurology Device Market Segmentation
4.1 By Device Type
4.1.2 Interventional Neurology
4.1.3 CSF Management
4.1.4 Neurosurgery Devices
4.2 By End User
4.2.1 Hospitals and Clinics
4.2.2 Speciality Centres
5. Australia Neurology Device Market Share
5.1 Market Analysis, Insights, and Forecast – By Revenue
6. Competitive Landscape
6.1 Major Top Market Players
7. Key Company Profiles
7.1 Company 1
7.1.2 Financial Performance
7.1.3 Product & Services
7.1.4 Strategic initiatives
7.2 Company 2
7.2.2 Financial Performance
7.2.3 Product & Services
7.2.4 Strategic initiatives
7.3 Company 3
7.3.2 Financial Performance
7.3.3 Product & Services
7.3.4 Strategic initiatives
7.4 Company 4
7.4.2 Financial Performance
7.4.3 Product & Services
7.4.4 Strategic initiatives
7.5 Company 5
7.5.2 Financial Performance
7.5.3 Product & Services
7.5.4 Strategic initiatives
8. Healthcare Policies and Regulatory Landscape
8.1 Healthcare Policies in Australia
8.2 Regulatory Framework in Australia
8.3 Pricing & Reimbursement Scenario in Australia Neurology Device Market
9. Factors Driving Future Growth
9.1 New Trends and Development Australia Neurology Device Market
9.2 Future Opportunities
10. Strategic Recommendations
The Neurology Device Market is segmented as mentioned below:
By Product Type (Revenue, USD Billion):
By End User (Revenue, USD Billion):
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