Image Guided Surgery Devices Demand Propelled By Neurological Disease Patients

By Author: Pramod Kumar
Total Articles: 97
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The World Health Organization (WHO) forecasts that epilepsy, Alzheimer's and other dementias, Parkinson's disease, multiple sclerosis, cerebrovascular disease, tetanus, meningitis, and Japanese encephalitis will account for 0.19%, 0.92%, 0.23%, 0.02, 10.63%, 0.13%, 0.10%, and 0.01% global deaths, respectively, by 2030. These neurological diseases are responsible for nearly 16.8% of deaths in lower- and middle-income countries and approximately 13.2% of fatalities in high-income countries. The increasing prevalence of neurological disorders is expected to create a significant requirement for image guided surgery devices in the upcoming years.

Surgeons use image guided surgery devices on cancer and neurological disease patients obtain real-time images during surgeries, which minimize the chances of errors and reduce procedure time by precisely guiding the surgical instruments to anatomic structures. According to the International Agency for Research on Cancer (IARC), 2,261,419 breast cancer, 2,206,771 lung cancer, 1,931,590 colorectum cancer, and 1,414,259 prostate cancer cases were diagnosed in 2020.

Moreover, the ...
... growing number of old people will also fuel the usage of image guided surgery devices globally, as they require extensive care, owing to their increased vulnerability to chronic diseases, such as cancer, arthritis, and neurological diseases. As per the United Nations Department of Economic and Social Affairs (UNDESA), the population of people aged 65 years or more will rise from 727 million in 2020 to around 1.5 billion by 2050.

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Pramod has around 7 years of experience in market research and consulting services for healthcare industry. He holds varied experience in market sizing and forecasting with varied models, competition landscape, consumer behavior analysis, opportunity analysis, product/company benchmarking, data mining and others. He has successfully delivered multiple projects on go-to-market strategies, pricing strategy, price point analysis, Business Expansion, market entry and exit, share analysis and others. Prior to joining P&S Intelligence, he worked with different research companies, including Transparency Market Research and MarketsandMarkets Pvt Ltd. Some of the projects delivered by him include Scar Treatment Market, Skin Replacement and Substitutes Market, and Energy-Based Aesthetic Devices Market.