The Neurosurgical Product Market to grow through resilient digitization
The Neurosurgical Product Market is expected to stay digitally put in the forecast period. The present scenario is such that digital connectivity is being established along these grounds – nurse-physician communication, nurse-nurse communication, nurse call-patient monitoring, and clinical decision support (real-time information). This implies using VoIP, nurse call systems, and WLANs to enable seamless communication.
The global neurosurgical products market is characterized by the presence of top notch medical devices companies that manufacture specific neurosurgical products. Competitive rivalry among market players is intense due to moderate degree of product differentiation.
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The global neurosurgical products market is predicted to expand at a CAGR of 11.32% for the forecast period between 2017 and 2022, for the market’s valuation of US$4537.2 mn in 2017 to become US$7756.2 mn by the end of 2022.
