HOME Top Market Reports Neuroendoscopy Market by Product (Rigid (Videoscope, Fiberscope), Flexible endoscope), Usability (Reuse and Disposable), Application (Transnasal, Intraventricular, and Transcranial), Region (North America, Europe, Asia) - Global Forecast to 2022

Neuroendoscopy Market by Product (Rigid (Videoscope, Fiberscope), Flexible endoscope), Usability (Reuse and Disposable), Application (Transnasal, Intraventricular, and Transcranial), Region (North America, Europe, Asia) - Global Forecast to 2022

By: marketsandmarkets.com
Publishing Date: April 2018
Report Code: MD 6165

 

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[101 Pages Report] The neuroendoscopy market is expected to reach USD 218.9 Million by 2022 from USD 163.9 Million in 2016, at a CAGR of 5.1% during the forecast period. The base year considered for the study is 2016 and the forecast period is from 2017 to 2022.

The objectives of this study are as follows:

  • To define, describe, segment, and forecast the global neuroendoscopy market on the basis of product, application, usability, and region
  • To provide detailed information regarding the major factors influencing growth of the market (drivers, restraints, opportunities, and industry-specific challenges)
  • To analyze micromarkets with respect to individual growth trends, prospects, and contributions to the overall market
  • To analyze the opportunities in the neuroendoscopy market for stakeholders and provide details of the competitive landscape for key players
  • To forecast the size of the market segments with respect to four main regions, namely, North America, Asia, Europe, and the Rest of the World (RoW)
  • To strategically analyze the neuroendoscopy market structure and profile key players of the global neuroendoscopy market and comprehensively analyze their core competencies
  • To track and analyze company developments such as partnerships, agreements, and collaborations; expansions; acquisitions; and product launches in the neuroendoscopy market

Research Methodology

The study estimates the neuroendoscopy market size for 2017 and projects its demand till 2022. In the primary research process, various sources from both demand side and supply side were interviewed to obtain qualitative and quantitative information for the report. Primary sources from the demand side include various industry CEOs, vice presidents, marketing directors, technology and innovation directors, and related key executives from the various players in the neuroendoscopy market. For the market estimation process, both top-down and bottom-up approaches were used to estimate and validate the market size of the neuroendoscopy market as well as to estimate the market size of various other dependent submarkets. Also, the study took into account the data shared by various associations and organizations such as World Federation of Neurosurgical Societies (WFNS), International Federation of Neuroendoscopy (IFNE), American Brain Tumor Association (ABTA), Indian Society Neuroendoscopy (ISNE), and International Federation of Societies of Endoscopic Surgeons. All possible parameters that affect the neuroendoscopy market covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. This data was consolidated and added to detailed inputs and analysis from MarketsandMarkets and presented in this report.

To know about the assumptions considered for the study, download the pdf brochure

The neuroendoscopy market is duopolistic in nature, with two major players KARL STORZ (Germany) and B.Braun Aesculap (Germany). Other notable players in this neuroendoscopy market include Ackermann Instrumente (Germany), Adeor Medical (Germany), Hawk (China), Machida (Japan), Tonglu Wanhe Medical (China), Schindler (Germany), Clarus (US), LocaMed (UK), and Visionsense (US).

Target Audience for this Report:

  • Neuroendoscope manufacturers
  • Suppliers and distributors of neuroendoscopy devices
  • Hospitals, diagnostic centers, and medical colleges
  • Independent surgeons and private offices of physicians
  • Ambulatory surgery centers
  • Teaching hospitals and academic medical centers
  • Government bodies/municipal corporations
  • Business research and consulting service providers
  • Venture capitalists
  • Venture capitalists

Scope of the Report

This report categorizes the neuroendoscopy market into following segments and subsegments:

Neuroendoscopy Market, By Product

  • Rigid
  • Rigid Videoscopes
  • Rigid Fiberscopes
  • Flexible 

Neuroendoscopy Market, By Application

  • Transnasal
  • Intraventricular
  • Transcranial

Neuroendoscopy Market, By Usability

  • Reusable
  • Disposable

Neuroendoscopy Market, By Region

  • North America
    • US
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • RoE
  • Asia
  • Rest of the World (RoW)

Available Customizations

With the given market data, MarketsandMarkets offers customizations as per the company‘s specific needs.

The following customization options are available for this report.

Further Split of the RoE Neuroendoscopy Devices Market

  • Neuroendoscopy market size and growth rate estimates for Italy and Spain

Further Split of the Asian Neuroendoscopy Market

  • Neuroendoscopy devices market size and growth rate estimates for Japan, China, and India

Rising prevalence of neurological disorders and benefits of neuroendoscopic surgeries over conventional brain surgery

Neuroendoscopy is a minimally invasive procedure that allows surgeons to perform complex brain operations through very small incisions using neuroendoscopes. A neuroendoscope is a small telescope-like device equipped with a high-resolution video camera and an eyepiece at the end to allow the neurosurgeon to navigate and access tumors in the brain. These instruments are used to illuminate, examine, and document difficult to access areas. Neuroendoscopic devices are used to perform operations for conditions such as obstructive hydrocephalus, various intraventricular lesions, hypothalamic hamartomas, craniosynostosis, and skull base tumors.

Various types of neuroendoscopes are available in the market such as rigid neuroendoscopes and flexible neuroendoscopes. However, rigid neuroendoscope dominates the market, due to the benefits of rigid neuroendoscopes such as superior optics, reusability due to autoclaving, and high device strength.

The global Neuroendoscopy devices market size is projected to reach USD 218.9 million by 2022, largely due to the favorable government initiatives, rising prevalence of neurological disorders. The benefits of neuroendoscopic surgery over conventional brain surgery are likely to propel further growth of Neuroendoscopy devices in the long-term forecast.

The high cost of neuroendoscopy procedures & equipment is the major restraint for the market.

The average list price of a neuroendoscopy system is as high as USD 10,000 to USD 15,000. Healthcare providers particularly in developing countries such as India, Brazil, and Mexico have low financial resources to invest in such costly sophisticated technologies. Moreover, healthcare staff needs to be trained for the efficient handling and maintenance of neuroendoscopy systems and equipment. This is a major issue as training costs for neuroendoscopic procedures are high. Considering the high cost of training, only a limited number of surgeons opt for undergoing training for neuroendoscopy (Source: Journal of Surgical Simulation). Owing to the high cost of equipment as well as the high training and maintenance costs, neuroendoscopy procedures are generally expensive. This is a major factor restraining the growth of the neuroendoscopy devices market.

Future growth opportunities are going to be dependent on growing healthcare market in emerging economies such as Brazil, Russia, India, China, and South Africa (BRICS), as they are among the fastest-growing economies in the world. The World Economic Forum has estimated that these emerging economies will account for around one-third of the global healthcare expenditure by 2020. More than half of the world’s population resides in India and China, owing to which these countries are home to a large patient base.

Market Dynamics

Leading manufacturers are developing sustainable and innovative solutions for applications of neuroendoscopes to drive the industry forward

Transnasal Neuroendoscopy

Transnasal procedures help surgeons to approach the anterior cranial base, parasellar region, clivus, cavernous sinus, and craniovertebral junction in a less invasive manner as compared to conventional neurosurgery techniques. Transnasal neuroendoscopy is indicated for biopsies, removal of cysts, and removal of pituitary gland tumors and other obstructions. The advantages of transnasal neuroendoscopy include increased visualization with high light intensity in the deep-seated surgical field, clear display of patho-anatomical details, and extended viewing angle of neuroendoscopes (which enables surgeons to observe hidden parts of the surgical field).

Intraventricular Neuroendoscopy

Neuroendoscopic surgery for intraventricular brain tumors is one of the major applications of neuroendoscopy. This approach is used in selective conditions, such as tumor biopsy, concordant CSF diversion, treatment of non-communicating hydrocephalus, management of pineal tumor patients, fenestration of intracranial cysts, and removal of fibroid cysts. Factors such as the ease of use, increased visibility, and treatment of a large number of neurological conditions will drive the growth of this segment.

Transcranial Neuroendoscopy

Transcranial neuroendoscopy is used in the diagnosis and treatment of larger tumors with significant suprasellar extension. There are two types of endoscopic transcranial approaches transglabellar or supraorbital which are widely used by neurosurgeons. The transcranial approach is more invasive as compared to the transnasal neuroendoscopic approach. However, in order to reduce trauma, this procedure is used in conjunction with transnasal neuroendoscopy.

Key Questions

  • The Neuroendoscopy market is facing challenge of high cost of equipment & procedures, when will this scenario ease out?  
  • Most of the suppliers have opted partnerships and collaboration as the key strategies as could be seen from the recent developments. Where will it take the industry in the mid to long term?
  • Which are the substitute products and how big is the threat from them?

Exclusive Insights on Medical Devices Market Research Reports & Consulting

Table of Contents

1 Introduction (Page No. - 11)
    1.1 Objectives of the Study
    1.2 Neuroendoscopy Market Definition
    1.3 Neuroendoscopy Market Scope
           1.3.1 Markets Covered
           1.3.2 Years Considered for the Study
    1.4 Currency
    1.5 Limitations
    1.6 Stakeholders

2 Research Methodology (Page No. - 14)
    2.1 Research Data
    2.2 Secondary Data
           2.2.1 Key Data From Secondary Sources
    2.3 Primary Data
           2.3.1 Key Data From Primary Sources
           2.3.2 Key Industry Insights
    2.4 NeuroendoscopyMarket Size Estimation
    2.5 Data Triangulation
    2.6 Assumptions for the Study

3 Executive Summary (Page No. - 22)

4 Premium Insights (Page No. - 26)
    4.1 Neuroendoscopy Devices Market Overview
    4.2 NeuroendoscopyMarket, By Product (2017 vs 2022)
    4.3 Europe: Market, By Application (2017)
    4.4 NeuroendoscopyMarket, By Usability (2017–2022)
    4.5 Geographic Snapshot: Market

5 Market Overview (Page No. - 30)
    5.1 Introduction
    5.2 Market Dynamics
           5.2.1 Drivers
                    5.2.1.1 Favorable Government Initiatives
                    5.2.1.2 Rising Prevalence of Neurological Disorders
                    5.2.1.3 Benefits of Neuroendoscopic Surgery Over Conventional Brain Surgery
           5.2.2 Restraints
                    5.2.2.1 High Cost of Neuroendoscopy Procedures & Equipment
           5.2.3 Opportunities
                    5.2.3.1 Growing Healthcare Market in Emerging Economies
           5.2.4 Challenges
                    5.2.4.1 Dearth of Trained Neurologists and Endoscopists

6 Neuroendoscopy Market, By Product (Page No. - 34)
    6.1 Introduction
    6.2 Rigid Neuroendoscopes
           6.2.1 Rigid Videoscopes
           6.2.2 Rigid Fiberscopes
    6.3 Flexible Neuroendoscopes

7 Neuroendoscopy Market, By Application (Page No. - 46)
    7.1 Introduction
    7.2 Transnasal Neuroendoscopy
    7.3 Intraventricular Neuroendoscopy
    7.4 Transcranial Neuroendoscopy

8 Neuroendoscopy Market, By Usability (Page No. - 51)
    8.1 Introduction
    8.2 Reusable Neuroendoscopes
    8.3 Disposable Neuroendoscopes

9 Neuroendoscopy Market, By Region (Page No. - 55)
    9.1 Introduction
    9.2 North America
           9.2.1 US
           9.2.2 Canada
    9.3 Europe
           9.3.1 Germany
           9.3.2 UK
           9.3.3 France
           9.3.4 Rest of Europe
    9.4 Asia
    9.5 Rest of the World

10 Competitive Landscape (Page No. - 78)
     10.1 Overview
     10.2 Neuroendoscopy Market Ranking Analysis
     10.3 Competitive Situations and Trends
             10.3.1 Agreements, Collaborations, and Partnerships
             10.3.2 Expansions

11 Company Profile (Page No. - 80)
(Introduction, Products & Services, Strategy, & Analyst Insights, Developments, MnM View)*
     11.1 Karl Storz GmbH & Co.Kg
     11.2 B. Braun Melsungen AG
     11.3 Ackermann Instrumente GmbH
     11.4 Adeor Medical AG
     11.5 Hangzhou Hawk Optical Electronic Instruments Co., Ltd.
     11.6 Machida Endoscope Co., Ltd.
     11.7 Tonglu Wanhe Medical Instrument Co., Ltd.
     11.8 Schindler Endoskopie Technologie GmbH.
     11.9 Clarus Medical
     11.10 Locamed Ltd
     11.11 Visionsense Corporation

*Details on Marketsandmarkets View, Introduction, Product & Services, Strategy, & Analyst Insights, New Developments Might Not Be Captured in Case of Unlisted Companies.

12 Appendix (Page No. - 93)
     12.1 Insights From Industry Experts
     12.2 Discussion Guide
     12.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
     12.4 Introducing RT: Real-Time Market Intelligence
     12.5 Available Customizations
     12.6 Related Reports
     12.7 Author Details


List of Tables (75 Tables)

Table 1 Neuroendoscopy Market, By Product, 2015–2022 (USD Million)
Table 2 Rigid Neuroendoscopes Market, By Type, 2015–2022 (USD Million)
Table 3 Rigid Market, By Product, 2015–2022 (Units)
Table 4 Rigid Neuroendoscopes Market, By Region, 2015–2022 (USD Million)
Table 5 Rigid Neuroendoscopes Market, By Region, 2015–2022 (Units)
Table 6 North America: Rigid Neuroendoscopes Market, By Country, 2015–2022 (USD Million)
Table 7 North America: Rigid Neuroendoscopes Market, By Country, 2015–2022 (Units)
Table 8 Europe: Rigid Neuroendoscopes Market, By Country, 2015–2022 (USD Million)
Table 9 Europe: Rigid Neuroendoscopes Market, By Country, 2015–2022 (Units)
Table 10 Rigid Videoscopes Market, By Region, 2015–2022 (USD Million)
Table 11 Rigid Videoscopes Market, By Region, 2015–2022 (Units)
Table 12 North America: Rigid Videoscopes Market, By Country, 2015–2022 (USD Million)
Table 13 North America: Rigid Videoscopes Market, By Country, 2015–2022 (Units)
Table 14 Europe: Rigid Videoscopes Market, By Country, 2015–2022 (USD Million)
Table 15 Europe: Rigid Videoscopes Market, By Country, 2015–2022 (Units)
Table 16 Rigid Fiberscopes Devices Market, By Region , 2015–2022 (USD Million)
Table 17 Rigid Fiberscopes Market, By Region, 2015–2022 (Units)
Table 18 North America: Rigid Fiberscopes Devices Market, By Country, 2015–2022 (USD Million)
Table 19 North America: Rigid Fiberscopes Market, By Country, 2015–2022 (Units)
Table 20 Europe: Rigid Fiberscopes Market, By Country, 2015–2022 (USD Million)
Table 21 Europe: Rigid Fiberscopes Market, By Country, 2015–2022 (Units)
Table 22 Flexible Neuroendoscopes Market, By Region, 2015–2022 (USD Million)
Table 23 North America: Flexible Neuroendoscopes Market, By Country, 2015–2022 (USD Million)
Table 24 Europe: Flexible Neuroendoscopes Market, By Country, 2015–2022 (USD Million)
Table 25 Neuroendoscopy Market, By Application, 2015–2022 (USD Million)
Table 26 Transnasal Neuroendoscopy Market, By Region, 2015–2022 (USD Million)
Table 27 Intraventricular Neuroendoscopy Market, By Region, 2015–2022 (USD Million)
Table 28 Transcranial Neuroendoscopy Market, By Region, 2015–2022 (USD Million)
Table 29 Neuroendoscopy Market, By Usability, 2015–2022 (USD Million)
Table 30 Reusable Neuroendoscopes Market, By Region, 2015–2022 (USD Million)
Table 31 Disposable Neuroendoscopes Market, By Region, 2015–2022 (USD Million)
Table 32 Neuroendoscopy Market, By Region, 2015–2022 (USD Million)
Table 33 North America: Neuroendoscopy Market, By Country, 2017–2022 (USD Million)
Table 34 North America: Market, By Product, 2015–2022 (USD Million)
Table 35 North America: Rigid Neuroendoscopes Market, By Type, 2015–2022 (USD Million)
Table 36 North America: Market, By Application, 2015–2022 (USD Million)
Table 37 North America: Market, By Usability, 2015–2022 (USD Million)
Table 38 US: Market, By Product, 2015–2022 (USD Million)
Table 39 US: Rigid Neuroendoscopes Market, By Type, 2015–2022 (USD Million)
Table 40 US: Market, By Application, 2015–2022 (USD Million)
Table 41 US: Market, By Usability, 2015–2022 (USD Million)
Table 42 Canada: Market, By Product, 2015–2022 (USD Million)
Table 43 Canada: Rigid Neuroendoscopes Market, By Type, 2015–2022 (USD Million)
Table 44 Canada: Neuroendoscopy Market, By Application, 2015–2022 (USD Million)
Table 45 Canada: Neuroendoscopy Market, By Usability, 2015–2022 (USD Million)
Table 46 Europe: Neuroendoscopy Market, By Country, 2015–2022 (USD Million)
Table 47 Europe: Market, By Product, 2015–2022 (USD Million)
Table 48 Europe: Rigid Neuroendoscopes Market, By Type, 2015–2022 (USD Million)
Table 49 Europe: Neuroendoscopy Market, By Application, 2015–2022 (USD Million)
Table 50 Europe: Neuroendoscopy Market, By Usability, 2015–2022 (USD Million)
Table 51 Germany: Market, By Product, 2015–2022 (USD Million)
Table 52 Germany: Rigid Neuroendoscopes Market, By Type, 2015–2022 (USD Million)
Table 53 Germany: Neuroendoscopy Market, By Application, 2015–2022 (USD Million)
Table 54 Germany: Market, By Usability, 2015–2022 (USD Million)
Table 55 UK: Neuroendoscopy Market, By Product, 2015–2022 (USD Million)
Table 56 UK: Rigid Neuroendoscopes Market, By Type, 2015–2022 (USD Million)
Table 57 UK: Market, By Application, 2015–2022 (USD Million)
Table 58 UK: Market, By Usability, 2015–2022 (USD Million)
Table 59 France: Market, By Product, 2015–2022 (USD Million)
Table 60 France: Rigid Neuroendoscopes Market, By Type, 2015–2022 (USD Million)
Table 61 France: Neuroendoscopy Market, By Application, 2015–2022 (USD Million)
Table 62 France: Market, By Usability, 2015–2022 (USD Million)
Table 63 RoE: Neuroendoscopy Market, By Product, 2015–2022 (USD Million)
Table 64 RoE: Rigid Neuroendoscopes Market, By Type, 2015–2022 (USD Million)
Table 65 RoE: Market, By Application, 2015–2022 (USD Million)
Table 66 RoE: Neuroendoscopy Market, By Usability, 2015–2022 (USD Million)
Table 67 Asia: Neuroendoscopy Market, By Product, 2015–2022 (USD Million)
Table 68 Asia: Rigid Neuroendoscopes Market, By Type, 2015–2022 (USD Million)
Table 69 Asia: Market, By Application, 2015–2022 (USD Million)
Table 70 Asia: Neuroendoscopy Market, By Usability, 2015–2022 (USD Million)
Table 71 RoW: Market, By Product, 2015–2022 (USD Million)
Table 72 RoW: Rigid Neuroendoscopes Market, By Type, 2015–2022 (USD Million)
Table 73 RoW: Neuroendoscopy Market, By Application, 2015–2022 (USD Million)
Table 74 RoW: Market, By Usability, 2015–2022 (USD Million)
Table 75 Top Players in the Neuroendoscopy Market (2016)


List of Figures (22 Figures)

Figure 1 Research Design: Global Neuroendoscopy Market
Figure 2 Breakdown of Primary Interviews: By Company Type, Designation, and Region
Figure 3 Neuroendoscopy Market Estimation: Bottom-Up Approach
Figure 4 Global Market Size of the Neuroendoscopy Market: Top-Down Approach
Figure 5 Data Triangulation Methodology
Figure 6 Rigid Neuroendoscopes Segment Dominated the Neuroendoscopy Market in 2017
Figure 7 Rigid Videoscopes Accounted for the Largest Share of the Rigid Neuroendoscopy Market in 2017
Figure 8 Transnasal Neuroendoscopy Segment Dominated the Neuroendoscopy Market, By Application in 2017
Figure 9 Reusable Neuroendoscopes Dominated the Neuroendoscopy Market, By Usability in 2017
Figure 10 Geographical Snapshot of Neuroendoscopy Market, 2017
Figure 11 Rising Prevalence of Neurological Disorders to Drive the Growth of the Neuroendoscopy Market
Figure 12 Rigid Neuroendoscopes Dominated the Neuroendoscopy Market in 2017
Figure 13 Transnasal Neuroendoscopy Segment Accounted for the Largest Share of the European Neuroendoscopy Market in 2017
Figure 14 Reusable Neuroendoscopy Devices to Witness Highest Growth During the Forecast Period
Figure 15 Asia to Register Highest Growth in the Neuroendoscopy Market During the Forecast Period
Figure 16 Neuroendoscopy Market: Drivers, Restraints, Opportunities, and Challenges
Figure 17 Rigid Neuroendoscopes to Dominate the Neuroendoscopy Market in 2017
Figure 18 Transnasal Endoscopy Segment Dominated the Neuroendoscopy Market in 2017
Figure 19 Reusable Neuroendoscopy Devices to Dominate the Market in 2017
Figure 20 North America: Neuroendoscopy Market Snapshot
Figure 21 Europe: MNeuroendoscopy arket Snapshot
Figure 22 Company Snapshot: B. Braun Melsungen (2016)

The global neuroendoscopy market is expected to reach USD 218.9 Million by 2022 from USD 170.5 Million in 2017, at a CAGR of 5.1% during the forecast period. Factors such favorable government initiatives, rising prevalence of neurological disorders, and benefits of neuroendoscopic surgery over conventional brain surgery are driving the growth of this market. The report segments the global neuroendoscopy market into product, application, usability, and region.

Based on product, the neuroendoscopy market is classified into rigid neuroendoscopes and flexible neuroendoscopes. The rigid endoscopes segment is further divided into videoscopes and fiberscopes. The rigid neuroendoscopes segment is expected to grow at the highest CAGR during the forecast period. This high growth can be attributed to the benefits of rigid neuroendoscopes such as superior optics, reusability due to autoclaving, and high device strength.

The global neuroendoscopy market, by application, is segmented into intraventricular neuroendoscopy, transcranial neuroendoscopy, and transnasal neuroendoscopy. The transnasal neuroendoscopy segment accounted for the largest neuroendoscopy market share in 2017. The large share of this segment can be attributed to the benefits provided by transnasal neuroendoscopy such as increased visualization with high light intensity in the deep-seated surgical field, clear display of patho-anatomical details, and extended viewing angle of neuroendoscopes (which enables surgeons to observe hidden parts of the surgical field).

Based on usability, the neuroendoscopy market is segmented into reusable neuroendoscopes and disposable neuroendoscopes. In 2017, the reusable neuroendoscopes segment accounted for the largest share of the neuroendoscopy market. This large share is mainly attributed to factors such as cost-effectiveness of reusable devices as they can be used in multiple procedures after procurement.

The neuroendoscopy market is dominated by North America, followed by Europe, Asia, and the Rest of the World (RoW). The dominance of the North American market is attributed to factors such as favorable government initiatives, rising prevalence of neurological disorders, increasing investments by hospitals to purchase new neuroendoscopy equipment, and increasing research activities.

While the neuroendoscopy market represents significant growth opportunities, market growth may be hindered due to the high cost of neuroendoscopy procedures and equipment. KARL STORZ (Germany), B. Braun (Germany), Ackermann Instrumente (Germany), Adeor Medical (Germany), Hangzhou Hawk Optical Electronic Instruments (China), Machida Endoscope (Japan), Tonglu Wanhe Medical Instrument (China), Schindler Endoskopie (Germany), Clarus Medical (US), LocaMed (UK), and Visionsense Corporation (US) are the key players operating in this market.

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