The neurosurgery market in Asia is expected to experience tremendous growth, according to a Persistence Market Research report.
Five things to know:
1. North America has the largest neurosurgery market, followed by Europe.
2. The neurosurgery market in Asia is expected to grow due to evolving research and development activities, increased government funding, growing awareness about neurological disorders and available treatment options in the market and developing healthcare infrastructure.
3. Additionally, growing populations and economies in countries such as India, China and Japan are expected to lead neurosurgery market growth in Asia.
4. Technological advancements, an increasing number of neurological diseases, an expanding aging population, brain disorder-related healthcare expenditure growth and increasing awareness about various neurological disorders are key drivers of the global neurosurgery market.
5. The global neurosurgery market is constrained by high cost of neurosurgery equipment, stringent regulatory requirements and a lack of reimbursement from insurance companies.