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Cranial Stabilization Devices Market Size Share Trends Forecast 2026
Cranial Stabilization Devices Market Size Share Trends Forecast 2026
“Coherent Market Insights “CRANIAL STABILIZATION DEVICES MARKET – GLOBAL TRENDS, ESTIMATES AND FORECASTS, 2020-2027?

Cranial Stabilization DevicesMarket – Regional Analysis

On the basis of region, theglobal CranialStabilization Devices Market is segmented into North America, LatinAmerica, Europe, Asia Pacific, Middle East, and Africa.

Increasing merger and acquisitionactivities in North America are expected to drive the cranial stabilizationdevices market size in the region. For instance, in October 2017, IntegraLifeSciences Holdings Corporation acquired the Johnson & Johnson’s CodmanNeurosurgery business. The Codman Neurosurgery business offers a portfolio ofdevices focused on hydrocephalus management, neuro intensive care, and cranialsurgery. The deal was closed for US$ 1.045 billion.

Furthermore, Asia Pacific isexpected to witness significant cranial stabilization devices market growth,owing to increasing initiatives by various organizations to promote thedevelopment of clinical neurology and neurological science in Asia Pacific. ForInstance, in November 2018, the Asian and Oceanian Association of Neurology(AOAN) hosted the conference: The Asian Oceanian Congress of Neurology 2018(AOCN 2018), to provide participants (neurologists) an unparalleled insightsinto the latest research, developments, and treatments in the field ofneurosciences through its comprehensive scientific program led by regionalneurology experts.

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Cranial stabilization is aprocess of making the cranial nerves stable for brain surgery. Brain surgery isalso known as craniotomy. A craniotomy is dependent on the nature of brainproblem. It is majorly performed to aid in treatment of brain tumors, hematomas(blood clots), aneurysms or arteriovenous malformation (AVM), traumatic headinjury, foreign objects (bullets), swelling of the brain, or infection.

Cranial Stabilization DevicesMarket – Drivers

Increasing prevalence of neurologicaldisorders is expected to boost the cranial stabilization devices market growthduring the forecast period. For instance, in 2015, Global Burden of DiseaseStudy surveyed that neurological disorders are the major cause of disabilityand death worldwide. The burden of neurological disorders has increased by36·7% over the past 25 years from 1990 to 2015.

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Cranial Stabilization DevicesMarket – Restraints

Several medical devicereimbursement challenges is expected to hamper the cranial stabilization devicesmarket growth.  In many countries, themedical device reimbursement rates are based on standing formulas applied tothe procedure or types of device and not on the technology or features of theindividual manufacturer. This prevents medical device manufacturing companiesto invest in the development of medical devices with advanced technologies.

Key Players in the CranialStabilization Devices Market:

Key players operating in thecranial stabilization devices market include, Integra Lifesciences HoldingsCorporation, Jintan Huida Medical Instrument Co. Ltd., B. Braun Melsungen AG,DePuy Synthes, evonos GmbH & Co. KG, Jeil Medical Corporation, Medtronic,Micromar, NEOS Surgery, OsteoMed, Pro Med Instruments, Stryker, and ZimmerBiomet.

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