Neurosurgery Devices Market Forecast by Key Players 2023-2032 | Emergen Research
The global neurosurgery devices market size is expected to reach USD 36.00 Billion in 2032 and register a steady revenue CAGR of 13.0% over the forecast period, according to latest analysis by Emergen Research. Increasing prevalence of neurological conditions is a major factor driving neurosurgery devices market revenue growth during the forecast period. For instance, the tenth major cause of mortality for adults is brain and other nervous system cancer. In 2022, primary malignant brain and Central Nervous System (CNS) tumors were expected to claim the lives of 18,280 individuals in the United States (10,710 males and 7,570 females). In 2020, it was estimated that primary CNS and brain tumors was the leading cause of 251,329 fatalities worldwide.
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However, the report takes into account the current COVID-19 impact on the global economy and this particular business sector. The global Neurosurgery Devices market growth has been extensively hampered by the current economic situation triggered by the COVID-19 pandemic. The pandemic has led to some devastating effects on the global economy, besides disrupting the functioning of the Neurosurgery Devices industry. It offers an exhaustive analysis of the present and future effects of the pandemic on this business sphere. Moreover, the adverse effects of the coronavirus pandemic on the global Neurosurgery Devices market, as well as its fundamental segments, have also been elucidated in this report.
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