Neuroendoscopy Devices Market Size, Share & Industry Analysis, By Product Type (Rigid Neuroendoscopes, Flexible Neuroendoscopes), By Application Type (Transnasal Neuroendoscopy, Intraventricular Neuroendoscopy, Transcranial Neuroendoscopy), By End User (Hospitals, Specialty Clinics, Others) and Regional Forecast, 2019-2026 Increasing Popularity of Minimally-invasive Neuroendoscopy Procedures to Add Impetus to Market
Brain tumors and their rising prevalence is a major factor in promoting neuro endoscopy market growth. Besides this, the rising cases of pediatric tumor cases will also help to drive the market during the forecast period. As per the American Society of Clinical Oncology (ASCO), an estimate of 3,720 cases of the pediatric tumor was registered in 2019. Additionally, the rising number of cases of spinal cord injury and trauma cases are further expected to aid in the expansion of the market in the near future. Rigid Endoscopes will Hold Dominant Share on Account of Presence of High-resolution Optical Glass Rod Lenses for Enhanced Visualization Based on product, the market is bifurcated into flexible neuroendoscopes and rigid neuroendoscopes. Among these, the rigid neuroendoscopes segment is holding a major neuroendoscopy device market share. This is ascribable to the fact that rigid endoscopes are made of metal tubes containing lenses and light channels for diagnosis. These endoscopes are integrated with a series of high-resolution optical glass rod lenses for enhanced viewing of inaccessible parts of Fortune Business Insights Pvt Ltd. the brain.