North America dominates neurosurgery market — 5 takeaways

Spine

North America, followed by Europe, dominates the neurosurgery market, based on a Persistence Market Research report, according to medGadget.

Here are five takeaways:

 

1. An increasing number of neurological disorders and more advanced technology spur the market's growth in North America.

 

2. Asia is anticipated to significantly grow in the market because of research, development activities and more government support.

 

3. India, China and Japan will lead the growth in the Asia market.

 

4. Expensive equipment, regulatory requirement and poor reimbursement will hinder the market's growth.

 

5. Some key companies include Codman & Shurtleff, Medtronic, B. Braun Melsungen, Stryker, BrainLab, Integra LifeSciences and St. Jude Medical.

 

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