India Neurology Device Market Analysis

1. A sample report on Indian Neurology Devices Market Analysis Includes Market Size, Market Segmented by Types and Key Competitors (Data forecasts from 2021 – 2030F) www.insights10.com

2. This report presents a strategic analysis of the Indian Neurology Device market and a forecast for its development in the medium and long term. It provides a comprehensive overview of the market value, dynamics, segmentation, characteristics, main players, trends and insights, growth and demand drivers, challenges & future outlook, etc. This is one of the most comprehensive reports about the Indian Neurology Device market, and offers unmatched value, accuracy, and expert insights

3. • Market Overview • Growth Drivers & Restraints • Disease Epidemiology • Market Segmentation • Major Market Share • Competitive Landscape • Key Company Profiles • Healthcare Policies & Regulatory Framework • Factors Driving Future Growth • Conclusion Table of Contents

4. Table of Contents 1. Indian neurology devices market overview………………………..………………………………………….……………………………….,,,7 1.1 Market size and forecast 2. Market growth drivers and restraints …………………………………………………………………..….……………………………………9 2.1 Market growth Drivers 2.1.1 Increase in prevalence of neurological disorders 2.1.2 Increase in R&D in the field of neurotherapies 2.1.3 Rise in the aging population 2.2 Market Restrains 2.2.1 High procedural cost of neurovascular surgeries and related products 2.2.2 Stringent regulations 3. Indian neurology disease market by prevalence.……..………………………………….…………………………………………........….15 3.1 Stroke 3.2 Brain Injury 3.3 Epilepsy 3.4 Spinal Cord Injury 3.5 Alzheimer’s disease or other dementias 4 4 A Sample Report on Indian Neurology Devices Market I Confidential

5. Table of Contents (continued) 4. Neurology device market segmentation……………………………………….…………....………………....…………………........……….18 4.1 By product type 4.2 By pathology 4.3 By end user 5. Major products market share……………………………………………………….………………...…….……………………………..………23 5.1 Market analysis, insights and forecast - By revenue 6. Competitive Landscape…………………………………………………………………………………………………….…………………...….25 6.1 Major players 7. Key Company Profiles (Company Overview, Product & Services, Strategies & Financials ) ….………………………………….…........27 7.1 Medtronic Plc 7.2 Stryker Corp 7.3 Braun Melsungen AG 7.4 Boston Scientific 7.5 Abbott Laboratories 5 5 A Sample Report on Indian Neurology Devices Market I Confidential

6. Table of Contents (continued) 8. Healthcare policies and regulatory landscape………………………………….………………………………………………………………33 8.1 Policy changes and Reimbursement scenario 9. Factors driving future growth…………………………………………………………………………………………….………………………..35 9.1 Future opportunities 10. Conclusion…………………………………………..…………………………………………………………………………..………..……..…..37 6 6 A Sample Report on Indian Neurology Devices Market I Confidential

7. Indian Neurology Device Market Analysis 1. Overview

8. 1.1 Indian Neurology Devices market analysis (Current and Forecast) Key Analysis Indian Neurology Devices Market Size (Bn) 2021-2030F Indian neurology device market size stood at around US$ XX Bn in 2022 and is projected to reach US$ XX Bn by 2030, exhibiting a CAGR of 7.1% during the forecast period ▪ xx The increasing healthcare spending, increasing investment by medical device manufacturers, and increasing neurological disease prevalence is expected to drive the overall Neurology devices market growth in India ▪ It is estimated that 30 Mn Indians suffer from serious neurological disorders a year. The most common include epilepsy at 6-8 Mn people, strokes at 1-2 Mn people and headaches at 10-12 Mn people ▪ $xx Increasing rate of neurological disorders prevalence with around 10 Mn people with epilepsy and high fatality rates of stroke has given rise to product demand ▪ 2021 2022F 2023F 2024F 2025F 2026F 2027F 2028F 2029F 2030F Sample 8 A Sample Report on Indian Neurology Devices Market I Confidential

9. Indian Neurology Device Market Analysis 2. Growth Drivers & Restraints

10. 2. Market Growth Drivers and Restrains Increase in prevalence of neurological disorders Increase in R&D in the field of neurotherapies Rise in the aging population Stringent regulations High procedural cost of neurovascular surgeries and related products 10 A Sample Report on Indian Neurology Devices Market I Confidential

11. 2.1 Market Growth Drivers 2.1.1 Increase in prevalence of neurological disorders The prevalence of neurological disorder estimates in India for 2019 range from 3·0 to 11·9 per 1000 of the population and incidence from 0·2 to 0·6 per 1000 of the population per year, with a major contribution from the rural population In India neurological disorders, both fatal and non-fatal, are among the leading contributors to the burden of non- communicable and communicable diseases in India. Hence demand for neurology device market will increase during the forecast period Sample 11 A Sample Report on Indian Neurology Devices Market I Confidential

12. Market Growth Drivers (continued) 2.1.2 Increase in R&D in the field of neurotherapies Neurosurgeons and medical professionals are increasingly looking at therapeutic alternatives that can effectively reduce the risk of fatality or severity of neurovascular diseases in patient With a growing number of patients suffering from neurovascular diseases (such as epilepsy, brain stroke, and cerebral aneurysm) and rising severity of medical conditions (such as hemorrhage and local infections) in target patients, the demand for effective neurovascular treatments is continuously rising across key in India Sample 12 A Sample Report on Indian Neurology Devices Market I Confidential

13. Market Growth Drivers (continued) 2.1.3 Rise in the aging population The burden of non-communicable neurological disorders is increasing in India mainly due to ageing of the population Neurological diseases are frequent in older adults, affecting between 5% and 55% of people age 55 and older. They are associated with a high risk for adverse health outcomes, including mortality, disability, institutionalization and hospitalization, which further propelling the neurology device market in India Sample 13 A Sample Report on Indian Neurology Devices Market I Confidential

14. 2.2 Market Restraints 2.2.1 High procedural cost of neurovascular surgeries and related products The high cost of neurovascular surgical procedures and devices is a major factor restraining the global neurovascular devices market, especially in developing countries with poor reimbursement policies 2.2.2 Stringent regulations ▪ Several key neurovascular device manufacturers have been successful in the development and subsequent commercialization of their respective products during the last decade ▪ These products were primarily intended for interventional use during neurovascular surgeries ▪ Maintenance costs and other associated indirect expenses increase the total cost of ownership of these devices, thereby limiting their adoption ▪ Small hospitals and standalone ASCs are less inclined to invest in costly and sophisticated technologies due to budgetary constraints; this is more prominent in developing countries ▪ Sample Sample 14 A Sample Report on Indian Neurology Devices Market I Confidential

15. Indian Neurology Device Market Analysis 3. Disease Epidemiology

16. Indian Neurology Device Market By Prevalence 3.1 Stroke 3.2 Brain Injury 3.3 Epilepsy Stroke is one of the leading causes of death and disability in India ▪ Traumatic brain injuries (TBIs) are a leading cause of morbidity, mortality, disability and socioeconomic losses in India ▪ It is estimated that there are more than 10 million persons with epilepsy (PWE) in India. Its prevalence is about 1% in our population ▪ The estimated adjusted prevalence rate of stroke range, 84-262/100,000 in rural and 334-424/100,000 in urban areas ▪ It is estimated that nearly 1.5 to 2 million persons are injured and 1 million succumb to death every year in India. Road traffic injuries are the leading cause (60%) of TBIs followed by falls (20%-25%) and violence (10%) ▪ The incidence rate is 119-145/100,000 based on the recent population based studies ▪ Sample 16 16 A Sample Report on Indian Neurology Devices Market I Confidential

17. Indian Neurology Device Market By Prevalence (continued) 3.4 Spinal Cord injury 3.5 Alzheimer’s disease or Other Dementias Get the report for full access Get the report for full access Sample 17 17 A Sample Report on Indian Neurology Devices Market I Confidential

18. Indian Neurology Device Market Analysis 4. Market Segmentation

19. Indian Neurology Device Market Segmentation Neurology Device Market Segmentation By End-user By Product Type By Pathology Aneurysm coiling & embolization devices Hospitals & surgical centers Ischemic strokes Cerebral balloon angioplasty & stenting systems Ambulatory care centers Cerebral aneurysm Support devices Research laboratories Carotid artery stenosis Arteriovenous malformations & fistulas Academic institutes Neuro thrombectomy devices Others 19 19 A Sample Report on Indian Neurology Devices Market I Confidential

20. 4.1 Indian Neurology Device Market Segmentation: By Product Type Key Insights Indian Neurology Device Market Share by Product Type 2022 The aneurysm coiling & embolization devices segment is expected account for the largest share of the neurovascular devices market during the forecast period ▪ The aneurysm coiling & embolization devices product segment, by type, is further segmented into embolic coils, flow diversion devices, and liquid embolic agents ▪ The aneurysm coiling & embolization devices segment is estimated to account for the largest share of the neurology market, by product, in 2021, owing to growing end-user preference for minimally invasive neurosurgical procedures and increasing market availability of embolic coils for neurovascular treatment ▪ Aneurysm coiling & embolization devices Cerebral balloon angioplasty & stenting systems Support devices Sample 20 20 A Sample Report on Indian Neurology Devices Market I Confidential

21. 4.2 Indian Neurology Device Market Segmentation: By Pathology Key Insights Indian Neurology Device Market Share by By Pathology 2022 The cerebral aneurysm segment is estimated to account for the largest share of the Indian neurology device market during the forecast period ▪ The cerebral aneurysm segment is estimated to account for the largest share of the Indian neurology device market, by pathology, in 2021, led by the growing adoption of minimally invasive neurosurgical procedures among neurosurgeons and increasing incidence of risk factors (such as high blood pressure, cigarette smoking, high cholesterol, diabetes, and obesity) ▪ Ischemic strokes Cerebral aneurysm Carotid artery stenosis Arteriovenous malformations & fistulas Others Sample 21 21 A Sample Report on Indian Neurology Devices Market I Confidential

22. 4.3 Indian neurology device market segmentation: By End user Key Insights Indian neurology device Market Share by By End user 2022 As of 2020, hospitals & surgical centers are estimated to account for the largest share of the Indian market in 2021, while ambulatory care centers are projected to register the highest CAGR during the forecast period ▪ Growing patient preference for minimally invasive medical procedures, rising number of ambulatory surgery centers across developed countries, along with the ease of scheduling, the focused clinical staff, the improved productivity, and the increased safety, and efficacy of these centers, are the major factors that are expected to drive the growth of this end-user segment in the coming years ▪ Hospitals and Surgical centers Research Laboratories Academic Institutes Ambulatory Care centers Sample 22 22 A Sample Report on Indian Neurology Devices Market I Confidential

23. Indian Neurology Device Market Analysis 5. Major Product Market Share

24. 5.1 Market Analysis, Insights and Forecast- By Major Brands Key Insights Market Analysis for Major Neurology Device B rands (2022) Get full report for access Brand 1 Brand 2 Brand 3 Brand 4 Brand 5 24 A Sample Report on Indian Neurology Devices Market I Confidential

25. Indian Neurology Device Market Analysis 6. Competitive Landscape

26. 6.1 Competitive Landscape: Key Players Revenue (Current and Forecast) Major Market Revenue of Top Companies in Market ($Mn) 2021 2022F 2023F 2024F 2025F 2026F 2027F 2028F 2029F 2030F Medtronic Plc $xx $xx $xx $xx $xx $xx $xx $xx $xx $xx Stryker Corp $xx $xx $xx $xx $xx $xx $xx $xx $xx $xx Braun Melsungen AG $xx $xx $xx $xx $xx $xx $xx $xx $xx $xx Boston Scientific $xx $xx $xx $xx $xx $xx $xx $xx $xx $xx Abbott Laboratories $xx $xx $xx $xx $xx $xx $xx $xx $xx $xx 26 A Sample Report on Indian Neurology Devices Market I Confidential

27. Indian Neurology Device Market Analysis 7. Key Company Profiles

28. 7.1 Medtronic Plc Company Overview Company at a Glance Company Name: Medtronic Plc Year of Establishment: 1949 Headquarter: Dublin, Ireland Total Revenue: $XX Bn Website: https://www.medtronic.com/ Sample 28 A Sample Report on Indian Neurology Devices Market I Confidential

29. 7.2 Stryker Corp Company Overview Company at a Glance Company Name: Stryker Corp Year of Establishment: 1941 Headquarter: Kalamazoo, Michigan, United States Total Revenue: $XX Bn Website: http://www.stryker.com/ Sample 29 A Sample Report on Indian Neurology Devices Market I Confidential

30. 7.3 Braun Melsungen AG Company Overview Company at a Glance Company Name: Braun Melsungen AG Year of Establishment: 1839 Headquarter: Melsungen, Germany Total Revenue: $XX Bn Website: http://www.bbraun.com/ Sample 30 A Sample Report on Indian Neurology Devices Market I Confidential

31. 7.4 Boston Scientific Company Overview Company at a Glance Company Name: Boston Scientific Year of Establishment: 1979 Headquarter: Massachusetts, United States Total Revenue: $XX Bn Website: https://www.bostonscientific.com/ Sample 31 A Sample Report on Indian Neurology Devices Market I Confidential

32. 7.5 Abbott Laboratories Company Overview Company at a Glance Company Name: Abbott Laboratories Year of Establishment: 1888 Headquarter: Chicago, Illinois, United States Total Revenue: $XX Bn Website: http://www.abbott.com/ Sample 32 A Sample Report on Indian Neurology Devices Market I Confidential

33. Indian Neurology Device Market Analysis 8. Healthcare Policy and Regulatory Landscape

34. 8.1 Policy changes and Reimbursement scenario Medical device regulation: Medical devices in India are regulated under the Medical Device Rules, 2017 ("MDR") which only applies to medical devices specifically notified by the Ministry of Health and Family Welfare ("MoHFW") as regulated medical devices ▪ Once a device is regulated under the MDR, persons engaged in the manufacture, import and sale of medical devices are required to obtain a license from the relevant drug regulatory authorities to undertake such activities pertaining to the notified medical devices Get the report for full access ▪ Reimbursement scenario: For neurology and neurosurgery, the scheme has several potential benefits. Practically all the significant neuromorbidities requiring secondary and tertiary care have been covered ▪ Pradhan Mantri Jan Arogya Yojana (PMJAY) covers meningitis, stroke as well as brain tumors and epilepsy surgery. This means that for 40% Indians, there should be no worry on account of such diseases. Care can be accessed from both private and public health care facilities. Such strategy would help to create an access to uniform healthcare both for private and public health sector hospitals Get the report for full access ▪ 34 A Sample Report on Indian Neurology Devices Market I Confidential

35. Indian Neurology Device Market Analysis 9. Factors Driving Future Growth

36. 9.1 Future Opportunities Rise in demand for minimally invasive neurosurgical procedures minimally invasive medical procedures offer significant clinical advantages over conventional surgical procedures, such as shorter hospital stay, faster patient recovery, higher procedural safety & efficacy, and greater affordability ▪ Thus, the market acceptance and demand for endoscopic and other minimally invasive surgical procedures is growing among medical professionals ▪ Geriatric individuals are more susceptible to neurological & neurovascular diseases and prefer treatment procedures that offer easy diagnosis, easy procedures, higher safety, the least possible hospital stay, better efficacy, and reasonable prices ▪ Additionally, aging also increases the incidence of adverse thrombotic events such as pulmonary embolism, stroke, and epilepsy, which can require neurosurgical interventions. Moreover, arteriovenous malformations also lead to hemorrhages and seizures, commonly reported among individuals aged 40 years and above ▪ Thus, the rising geriatric population and demand for minimally invasive procedures are expected to offer significant growth opportunities for prominent as well as emerging market players in the field of neurology devices ▪ Sample 36 A Sample Report on Indian Neurology Devices Market I Confidential

37. Indian Neurology Device Market Analysis 10. Conclusion

38. 10 Conclusion Availability of Technology New advance technology and innovation in neurology device which can be used to provide increased function for those with limb loss or congenital limb differences and other neurological disorders Emerging Initiative Majority of the medical device companies have started investing in the research in this area and have got their new devices approved which are out there ready to be used Insurance coverage for neurosurgery Government reimbursement and private insurance for neurosurgery under tertiary care is fueling the market 3 Advancement in healthcare delivery As compared to the past decade the neurology device has seen greater and increased sales in past years which makes it clear that this area is growing in particular Strong Demand As there increase in the incidence and the prevalence of the neurological diseases, there is a huge demand for the neurology devices for its treatment 2 4 5 1 38 A Sample Report on Indian Neurology Devices Market I Confidential

39. Methodology & Scope

40. Research Methodology Insights 10’s research methodology delves deeper into the market, covering the macro and micro aspects of the industry. We identify the key growth drivers, opportunities, and restraints that might promote or hinder the future industry growth along with an expansive overview of the competitive landscape to help our clients make informed strategic decisions We implement a mix of primary and secondary research for our market estimate and forecast. The secondary research forms the initial phase of our study where we conduct extensive data mining, referring to verified data sources such as independent studies, government and regulatory published material, technical journals, trade magazines, and paid data sources For forecasting, the following parameters are considered: ❑ Market drivers and restraints along with their current and expected impacts ❑ Technological scenario and expected developments ❑ End use industry trends and dynamics ❑ Trends in the consumer behavior ❑ Regulatory scenario and expected developments ❑ Current capacity and expected capacity additions up to 2030 We assign weights to these parameters and quantify their market impacts using the weighted average analysis to derive the expected market growth rate We appoint data triangulation strategies to explore different areas of the market. Our qualitative and quantitative assessments are time- sensitive, reflecting the most recent value and volume of the market across regions All our estimates and forecasts are verified through exhaustive primary research with the Key Industry Participants (KIPs) The currency used in the report is the US dollar (USD), with the market size indicated in USD million/ Bn ▪ ▪ ▪ ▪ ▪ ▪ ▪ 40 A Sample Report on Indian Neurology Devices Market I Confidential

41. Analysis Methodology Our Analysis Methodology involves three critical stages: Market Data Analysis & Statistical Model Interpretation and Presentation Data Collection Analysis & Interpretation Market Trends Secondary Data Market Sizing & Analysis Insights Primary Interviews Presentation & Reporting Data Triangulation & Validation 41 A Sample Report on Indian Neurology Devices Market I Confidential

42. Analysis Methodology Top Down Approach Final Market Size Final Market size break up to rest of segmentation Validation from Primary Interview Arriving at market size of each segment Summarization of revenue generated from companies to arrive at total market size Validation from Primary Interview Revenue generated by Therapeutics & services offered by companies Final Bottom-up Analysis Summary Bottom Up Approach 42 A Sample Report on Indian Neurology Devices Market I Confidential

43. Key Benefits for Stakeholders from this Report Study provides an in-depth analysis of the market with current trends and future estimations to elucidate the imminent investment pockets Our tools provides stakeholders with a cohesive understanding of the industry outlook, considering the qualitative and quantitative industry variables Comprehensive analysis of factors that drive and restrict the market growth is provided Comprehensive quantitative analysis of the industry from 2021 to 2030F is provided to enable the stakeholders to capitalize on the prevailing market opportunities Extensive analysis of the key segments of the industry helps understand the applications and technologies used globally Our rigorous data collection, thorough statistical analysis and specialist assessments ensure that our clientele has a greater understanding of the industry space, supply chain, price fluctuations, competitive landscape, and other vital factors 43 A Sample Report on Indian Neurology Device Market Analysis I Confidential

44. Time Frame Report Attribute Details Quantitative Units Revenue in USD Million/Billion (Mn/Bn) Base Year for Estimation 2021 Market Overview, Revenue Forecast, Market Segmentation, Growth Factors and Trends, Company Profiles, Competitive Landscape, Regulatory Landscape, Future Opportunities Report Coverage Report Customization (5 working days) with purchase. We will provide you with data that is currently not a part of our scope as a part of customization Customized Report Forecast Period 2022- 2030 Pricing and purchase options Avail customized purchase options to meet your exact research needs

45. What kind of Data is Presented in this Report? This report presents data, which is: Expert-verified Real Comprehensive Easy to read Reliable The data is prepared by a team of highly qualified & experienced research analysts & vetted by our local associates Covers everything you would need to know about the market including market size, competitive analysis & much more You do not have to be a market expert to understand what really is happening on the market and how it works Allowing you to confidently make smarter business and strategic decisions The report is prepared using a proven methodology and insightful research www.insights10.com

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