Neurology Devices Market Size, Share, Growth Analysis, By Product(Neurostimulation Devices, Neurosurgery Devices, Interventional Neurology Devices, Cerebrospinal Fluid Devices), By End User(Hospitals, Neurology Clinics, and Ambulatory Care Centers), By Region - Industry Forecast 2024-2031

North America is the dominating region in the neurology devices industry. The presence of a developed healthcare infrastructure, high healthcare spending potential, and easy availability of advanced neurovascular devices are forecasted to be key factors contributing to the dominance of this region. The United States is slated to be the most opportune market in this region owing to high prevalence of ischemic strokes. Canada is also estimated to provide lucrative opportunities for neurovascular devices companies in this region. Favorable reimbursement and high investments medical research are also expected to help North America maintain its dominance.

Asia-Pacific is expected to emerge as the fastest-expanding regional neurology devices industry in the world. Rising awareness regarding early diagnosis, investments in healthcare infrastructure development, and an increasing senescent population are all offering rewarding business opportunities for neurovascular devices providers. Increasing popularity of minimally invasive procedures in this region is also expected to favor sales of neurovascular devices in the future. China, India, and Japan are slated to be the most rewarding markets in this region. Supportive government initiatives to promote awareness regarding neurovascular disorders will also boost market growth.