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(Medical-NewsWire.com, August 22, 2018 ) The global neuroendoscopy devices market is expected to reach USD 218.9 Million by 2022 from USD 170.5 Million in 2017, at a CAGR of 5.1%. The growth of the market is attributed to favorable government initiatives, rising prevalence of neurological disorders, and benefits of neuroendoscopic surgery over conventional brain surgery.
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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.
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