(PharmaNewsWire.Com, January 07, 2018 ) The India Neurology Device market is expected to reach USD XX Billion by 2024 from USD XX Billion in 2017, at a CAGR of XX%. Neurology is a branch of medicine, which deals with the disorders of the nervous system. The huge population with diseases, development of healthcare infrastructure across emerging market and growing market demand for effective neurovascular devices are some of the key factors enhancing the growth of the market.
Neurostimulation devices hold the largest share in the neurology device market Based on the type of devices, Neurology device market is segmented into cerebrospinal fluid management devices, interventional neurology devices, cerebral balloon devices, aneurysm coiling & embolization, neurosurgery devices and neurostimulation devices. Among these devices, neurostimulation device holds the largest share in the neurology device market and neurostimulation segment is essential for the treatment of locomotor and nervous disorders. After neurostimulation device market, neurosurgery device holds the largest share in the forecast period as they are used for the brain cell damage repair surgery and tumor removal.
India is observed to hold a considerable market for Neurology devices during the forecast period The neurology device market in India is driving huge due to the rising demand for neurovascular devices, adoption of neurovascular devices as the decreasing production costs and increasing awareness among the neurosurgeons about the benefits provided by interventional neurology devices and expanding healthcare infrastructure. The government initiative to modernize and expanding health care centers are the major attributes enhancing the market growth in India.
The pivotal players in the neurology devices market are Johnson and Johnson, GE Healthcare, B.Braun, Medtronic, Terumo Corp., W.L Gore, Stryker, Allergan Inc., Abbott Labs, Covidien, Cardinal Health Inc., Hoya corp., Olympus Corp., and Siemens among others.
Scope Of The Report •Competitive Analysis in marketing and strategic management is an assessment of the strengths and weaknesses of current and potential competitors. •Monitoring the external and internal factors which affect the market dynamics with the aid of PESTLE analysis. •The Regional and Global Variety is taken care of in the report. •Year on Year basis generation of revenue is studied. •Porter's Five Forces analyze the intensity of competition in an industry and its profitability level. •The overview and the sustainability of the market are analyzed through SWOT. •DROC is recognized in the current market scenario and see how its effect on market dynamics. •The segment-level analysis in terms of type and technology. •The value chain analysis, value that's created and captured by a company is the profit margin. Value •Created and Captured – Cost of Creating that Value = Margin •An executive summary consists of the whole report and the outcome is been given in the report to have brief knowledge about the report. •Basis on the depth of the study we approach using analytical tools •Expertise investment opportunities are given after analyzing the market to give the organization and the individual to have perfect knowledge about the market.
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