Upcoming Challenges and measuring neurology device marker value 2023

"Neurology Devices Market" size is projected to reach Multimillion USD by 2026, In comparison to 2023, at unexpected CAGR during 2023-2026 and generated magnificent revenue. Neurology Devices market revenue was Million USD in 2016, grew to Million USD in 2020, and will reach Million USD in 2026, with a CAGR of % during review period. For instance, the volume of surgical procedures in India has increased from 1,500 per 100,000 people to 2,000 per 100,000 people from 2015 to 2019. The gap between India and other emerging economies has been reducing over the last few years as the Indian government has started several initiatives to increase access to healthcare in India. In the last decade, a handful of independent medical device companies have invested in R&D, manufacturing capabilities, and mergers & acquisitions to distinguish themselves and compete in the domestic and exports market against multinational companies and others. At present, there are around 5-6 such market participants, that are well placed to gain industry share. The operating microscopes segment dominated the industry in 2022 and accounted for the largest share of more than 30.55% of the overall revenue. Operating microscopes provide bright illumination, and adjustable magnification, along with clear visualization of the surgical field, and are progressively used in operating rooms.
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