(EMAILWIRE.COM, December 08, 2018 ) Neuroendoscopy is a minimally invasive procedure that allows surgeons to perform complex brain operations through very small incisions using neuroendoscopes. A neuroendoscope is a small telescope-like device equipped with a high-resolution video camera and an eyepiece at the end to allow the neurosurgeon to navigate and access tumors in the brain. These instruments are used to illuminate, examine, and document difficult to access areas. Neuroendoscopic devices are used to perform operations for conditions such as obstructive hydrocephalus, various intraventricular lesions, hypothalamic hamartomas, craniosynostosis, and skull base tumors.

Factors such favorable government initiatives, rising prevalence of neurological disorders, and benefits of neuroendoscopic surgery over conventional brain surgery are driving the growth of this market. The report segments the global neuroendoscopy devices market into product, application, usability, and region.

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The transnasal neuroendoscopy segment accounted for the largest market share in 2017. The large share of this segment can be attributed to the benefits provided by transnasal neuroendoscopy such as increased visualization with high light intensity in the deep-seated surgical field, clear display of patho-anatomical details, and extended viewing angle of neuroendoscopes (which enables surgeons to observe hidden parts of the surgical field).

Based on usability, the neuroendoscopy market is segmented into reusable neuroendoscopes and disposable neuroendoscopes. In 2017, the reusable neuroendoscopes segment accounted for the largest share of the market. This large share is mainly attributed to factors such as cost-effectiveness of reusable devices as they can be used in multiple procedures after procurement.

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The neuroendoscopy devices market is duopolistic in nature, with two major players KARL STORZ (Germany) and B.Braun Aesculap (Germany). Other notable players in this market include Ackermann Instrumente (Germany), Adeor Medical (Germany), Hawk (China), Machida (Japan), Tonglu Wanhe Medical (China), Schindler (Germany), Clarus (US), LocaMed (UK), and Visionsense (US).