Neurology Devices Market Growth Drivers, Trends & Demands - Global Forecast to 2030
The neurology devices market size was valued at USD 13.5 billion in 2022 and is projected to grow from USD 14.55 Billion in 2023 to USD 22.84 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 7.80% during the forecast period (2023 - 2030). Neurology is a discipline of medicine that focuses on problems with the nervous system, including the brain, blood vessels, muscles, and nerves. The treatment of neurological disorders like Alzheimer's, tumors, and Parkinson's disease with neurovascular devices like interventional devices, cerebrospinal fluid management devices, and others. Shunts, valves, and external drainage systems are also used in cerebrospinal fluid management devices to facilitate the flow of cerebrospinal fluid and remove excess fluid from the brain. A shunt also provides an alternative fluid conduit by which the cerebrospinal fluid avoids obstacles in the brain's fluid compartments as well as acts whenever fluid absorption is otherwise impede