Medical Device | Healthcare | Biotechnology | Pharmaceuticals

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. Factors such as favorable government initiatives, rising prevalence of neurological disorders, and benefits of neuroendoscopic surgery over conventional brain surgery are driving the growth of this market. However, the high cost of neuroendoscopy procedures and equipment may hinder the growth of the market. The base year considered for the study is 2016 and the forecast period is from 2017 to 2022. Market Dynamics Drivers Favorable Government Initiatives Rising Prevalence of Neurological Disorders Benefits of Neuroendoscopic Surgery Over Conventional Brain Surgery Restraints High Cost of Neuroendoscopy Procedures & Equipment Opportunities Growing Healthcare Market in Emerging Economies Challenges Dearth of Trained Neurologists and Endoscopists Rising prevalence of neurological disor...