North America dominates the global neurosurgery market, due to the increasing number of patients with neurological disorders, based on a Persistence Market Research report, according to medGadget.
Here are five points:
1. Europe follows North America, with the second largest global neurosurgery market share.
2. Asia Pacific will witness rapid market growth, due to advancing research and development activities as well as increasing government funding.
3. Advancing economies in India, China and Japan will boost market growth in Asia.
4. Neurosurgery equipment costliness, strict regulations and unfavorable reimbursements will pose as obstacles to market growth.
5. Medtronic, B. Braun Melsungen, Stryker, BrainLab, Integra LifeSciences, among others, lead the market.