Growth predicted for US neurosurgery device market

Decision Resources Group, has found that the neurosurgery device market is set to increase over the next ten years

The company, who delivers information, analysis and insights on critical issues within the healthcare industry, has said growth will be driven primarily by a strong reimbursement rate for neurosurgical procedures and the adoption of premium-priced devices.

The report covering the US neurosurgery device market also found that many hospitals are expanding their neurosurgery offerings, resulting in the formation of neurosurgery centers of excellence.

The report also said that growth of this market is mainly driven by innovation, even in the much more established segments like CSF management devices, where there is an increasing level of uptake of antimicrobial devices and more advanced neuromonitoring devices.

Beata Blachuta ,Decision Resources Group senior analyst, said: "The neurosurgical device market will be boosted by numerous exciting new devices that expand our treatment capabilities and vastly improve on established techniques.

"Because the field of neurosurgery has traditionally advanced almost solely on the basis of improved surgical techniques using standard instrumentation, neurosurgeons are somewhat reluctant to adopt new technology compared to their counterparts in other specialties, making positive clinical data demonstrating device efficacy, favourable clinical outcomes, and health economic value essential to market growth."