Encephalomalacia Market Research, Major Manufacturers, Analysis
Posted by vinit sawant on May 5th, 2021
Increasing prevalence of neurological/brain disorder like epilepsy, rising need for better treatment, increasing investment of biotechnology and pharmaceutical industries in R&D, and availability of funds drive the growth of the market. Moreover, increasing government support for research & development, changing lifestyle, and rapid development of technology is likely to fuel the encephalomalacia market growth during the forecast period. On the other hand, the higher cost of the treatment procedure may slow the market growth during the review period.
However, the number of hospitals has increased to a great extent, which is influencing the growth of the market positively. Moreover, increasing demand for better treatment and changing reimbursement policies have fueled the market growth. According to National Institute of Neurological Disorders and Stroke, it is estimated that 13%-16% of the United States suffer from brain disease/disorder.
The global encephalomalacia market is expected to grow at a CAGR of ~6.1% during the forecast period 2017-2023.
The global encephalomalacia market is segmented on the basis of types, diagnosis, treatment, and end user. On the basis of the type, it is segmented into leukoencephalomalacia (encephalomalacia affecting the white matter), and polioencephalomalacia (encephalomalacia affecting the gray matter). On the basis of diagnosis, it is segmented into blood test, brain scans, and others.
A brain scan is further segmented into computerized tomography (CT) scan, magnetic resonance imaging (MRI) and electroencephalography (EEG). On the basis of treatment, it is segmented into medical treatment, surgery, and others. On the basis of the end user, it is segmented into hospitals & clinics, research laboratories, and others.
Some of key the players in the market are Fujifilm Holdings (Japan), GE Healthcare (U.S.), Siemens Healthcare(U.S.), Philips Healthcare (U.S.), Shimadzu Corporation (Japan), Toshiba Medical Systems Corporation (Japan), Carestream Health (U.S.), Nihon Kohden Corporation (Japan), Electrical Geodesics Inc. (U.S.), Masimo Corporation (U.S.), Hologic (U.S.), Esaote (Italy), and others.
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About the Authorvinit sawant
Joined: July 4th, 2019
Articles Posted: 359
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