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US Markets for Neurosurgery Devices
US markets for neurosurgery devices
Millennium Research Group, A Decision Resources, Inc. Company

In 2003, the US neurosurgery market was valued at more than $300 million. This includes cranial applications but does not cover treatments for spinal indications; products covered include:

  • Stereotactic radiation systems
  • Neurosurgical microscopes
  • Aneurysm treatment devices (clips and coils)
  • Hydrocephalus shunts
  • Ultrasonic aspirators
  • Bipolar electrosurgery
  • Neuroendoscopes
  • Stereotactic frames

Over the forecast period, neurosurgery revenues will increase at a compound annual growth rate (CAGR) of almost 6.0%, driven primarily by growth in the coiling, neuroendoscope, and shunt markets. The stereotactic radiation market, however, will contribute the largest portion to market growth, increasing by over $25 million from 2004 to 2008. The greater part of this expected growth can be traced to the impressive development of the stereotactic radiosurgery ...

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