Malaysia Neurology Devices Market: Industry Analysis and Forecast (2024-2030)

The Malaysia Neurology Devices Market size was valued at USD 21.46 Million in 2023 and the total Malaysia Neurology Devices revenue is expected to grow at a CAGR of 7.3% from 2024 to 2030, reaching nearly USD 35.14 Million.

Malaysia Neurology Devices Market Overview

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Malaysia Neurology Devices Market Segment Analysis

Based on Product Type, the Neurostimulation segment held the largest market share of about 35% in the Malaysia Neurology Devices Market in 2023. According to the MMR analysis, the segment is expected to grow at a CAGR of 7.5% during the forecast period. It stands out as the dominant segment within the Malaysia Neurology Devices Market thanks to its rapid technological advancement and growing adoption of smart devices with data connectivity and integration. Malaysia Neurology Devices Market Besides that, the Interventional Neurology segment is expected to grow at a rapid CAGR and offer lucrative growth opportunities for Malaysia Neurology device manufacturers all across Malaysia during the forecast period. The growing demand is projected thanks to technological advancement for improving outcomes and expanding treatment options for stroke and coil embolization for aneurysms. The rising burden of neurology disorders, the aging population, and government initiatives are gaining traction and are expected to be the major factors driving the segment growth. The major key players in the Malaysia Neurology Devices Market are Abbott Laboratories, Nihon Kohden, Natus Medical, and B. Braun Melsungen. Thus, increasing demand for the Malaysia Neurology Devices market supports the segment growth.

Malaysia Neurology Devices Market Scope: Inquire Before Buying

Malaysia Neurology Devices Market
Report Coverage Details
Base Year: 2023 Forecast Period: 2024-2030
Historical Data: 2018 to 2023 Market Size in 2023: US $ 21.64 Bn.
Forecast Period 2024 to 2030 CAGR: 7.3% Market Size in 2030: US $ 35.14 Bn.
Segments Covered: by Product Type Neurostimulation Spinal Cord Stimulation Devices Deep Brain Stimulation Devices Sacral Nerve Stimulation Vagus Nerve Stimulation Gastric Electric Stimulation Interventional Neurology Aneurysm Coiling & Embolization   Embolic Coils   Flow Diversion Devices   Liquid Embolic Agents   Cerebral Balloon Angioplasty & Stenting   Carotid Artery Stents   Filter Devices   Balloon Occlusion Devices   Neurothrombectomy   Clot Retriever   Suction Aspiration Devices   Snares CSF Management   CSF Shunts   CSF Drainage Neurosurgery Devices Ultrasonic Aspirators   Stereotactic Systems   Neuroendoscopes   Aneurysm Clips
by End User Hospitals and Clinics Specialty Centres

Leading Key Players in the Malaysia Neurology Devices Market

1. Medtronic 2. Abbott Laboratories 3. Nihon Kohden 4. Natus Medical 5. B. Braun Melsungen 6. Vigilenz 7. Abex Medical FAQs: 1. What are the growth drivers for the market? Ans. Increasing Prevalence of Neurological Disorders is expected to be the major driver for the  market. 2. What is the major restraint for the Malaysia Neurology Devices market growth? Ans. High device costs and Limited Affordability and Access are expected to be the major restraining factors for the Malaysia Neurology Devices market growth. 3. What is the projected market size and growth rate of the Malaysia Neurology Devices Market? Ans. The Malaysia Neurology Devices Market size was valued at USD 21.46 Million in 2023 and the total Malaysia Neurology Devices revenue is expected to grow at a CAGR of 7.3% from 2024 to 2030, reaching nearly USD 35.14 Million by 2030.
1. Malaysia Neurology Devices Market Introduction 1.1 Overview Of Malaysia’s Healthcare System And Its Focus On Neurological Care 1.2 Market Positioning Of Neurology Devices Within Malaysia’s Healthcare Landscape 1.3 Size And Growth Of The Neurology Devices Market In Malaysia 2. Malaysia Neurology Devices Market Import Trends 2.1 Major Source of the Countries 2.2 Import Regulations and Compliance 3. Malaysia Neurology Devices Market Export Trends 3.1 Major Export Destinations 3.2 Export Regulations and Compliance 4. Malaysia Neurology Devices Market: Dynamics 4.1.1 Market Drivers 4.1.2 Market Restraints 4.1.3 Market Opportunities 4.1.4 Market Challenges 4.2 PORTER’s Five Forces Analysis 4.3 PESTLE Analysis 4.4 Value Chain Analysis 4.5 Regulatory Landscape 4.6 Technological Innovations and Future Trends 4.6.1 Analysis Of Emerging Technologies Shaping The Neurology Devices Market 4.6.2 Predictions For Future Trends And Their Impact On Market Dynamics 4.7 Analysis of Government Schemes and Initiatives for the Malaysia Neurology Devices Industry 5. Malaysia Neurology Devices Market: Market Size and Forecast by Segmentation (Value) (2023-2030) 5.1 Malaysia Neurology Devices Market Size and Forecast, by Product Type (2023-2030) 5.1.1 Neurostimulation 5.1.2 Spinal Cord Stimulation Devices 5.1.3 Deep Brain Stimulation Devices 5.1.4 Sacral Nerve Stimulation 5.1.5 Vagus Nerve Stimulation 5.1.6 Gastric Electric Stimulation 5.1.7 Interventional Neurology 5.1.7.1 Aneurysm Coiling & Embolization 5.1.7.2 Embolic Coils 5.1.7.3 Flow Diversion Devices 5.1.7.4 Liquid Embolic Agents 5.1.7.5 Cerebral Balloon Angioplasty & Stenting 5.1.7.6 Carotid Artery Stents 5.1.7.7 Filter Devices 5.1.7.8 Balloon Occlusion Devices 5.1.7.9 Neurothrombectomy 5.1.7.10 Clot Retriever 5.1.7.11 Suction Aspiration Devices 5.1.7.12 Snares 5.1.8 CSF Management 5.1.8.1 CSF Shunts 5.1.8.2 CSF Drainage 5.1.9 Neurosurgery Devices 5.1.9.1 Ultrasonic Aspirators 5.1.9.2 Stereotactic Systems 5.1.9.3 Neuroendoscopes 5.1.9.4 Aneurysm Clips 5.2 Malaysia Neurology Devices Market Size and Forecast, by End User (2023-2030) 5.2.1 Hospitals and Clinics 5.2.2 Specialty Centres 6. Malaysia Neurology Devices Market: Competitive Landscape 6.1 MMR Competition Matrix 6.2 Competitive Landscape 6.3 Key Players Benchmarking 6.3.1 Company Name 6.3.2 Service Segment 6.3.3 End-User Segment 6.3.4 Revenue (2023) 6.3.5 Company Locations 6.4 Leading Malaysia Neurology Devices Companies, by market capitalization 6.5 Market Structure 6.5.1 Market Leaders 6.5.2 Market Followers 6.5.3 Emerging Players 6.6 Mergers and Acquisitions Details 7. Company Profile: Key Players 7.1 Medtronic 7.1.1 Company Overview 7.1.2 Business Portfolio 7.1.3 Financial Overview 7.1.4 SWOT Analysis 7.1.5 Strategic Analysis 7.1.6 Scale of Operation (small, medium, and large) 7.1.7 Details on Partnership 7.1.8 Regulatory Accreditations and Certifications Received by Them 7.1.9 Awards Received by the Firm 7.1.10 Recent Developments 7.2 Abbott Laboratories 7.3 Nihon Kohden 7.4 Natus Medical 7.5 B. Braun Melsungen 7.6 Vigilenz 7.7 Abex Medical 8. Key Findings 9. Terms and Glossary 10. Malaysia Neurology Devices Market: Research Methodology
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