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Pediatric Neurology Devices Market Shows Speedy Growth | Major Drivers, Opportunities and Current Market Trends to 2027
Pediatric Neurology is a medical segment that deals in diagnosing, treating and managing disorders of the brain and nervous system of children. Pediatric neurology devices are designed to be useful in diagnosis and treatments of various neurological complications occurring in children such as disorders of the nervous system, brain, spinal cord, nerves, muscles, and pain.
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Acknowledging the heightened accruals this market is witnessing currently, Market Research Future (MRFR), in its recently published study report, asserts that the global pediatric neurology device market will register approximately 6.3% CAGR between 2017 -2023, valuing exponentially by 2023.
Common neurological disorders include stroke, Alzheimer's disease, ADHD, epilepsy, headache, Parkinson's disease, multiple sclerosis, sleep disorders, pain, brain, tremor, and spinal cord injuries, brain tumors, peripheral nervous disorders and amyotrophic lateral sclerosis occurring in children. Also, some not so serious issues such as seizures, delayed speech, poor muscle tone, or frequent headaches can be treated in pediatric neurology.
Cochlear Implants Market Size, Top Key Players, Latest Trends, Regional Insights and Global Industry 2027
According to Market Research Future (MRFR), the global cochlear implants market is anticipated to expand at a CAGR of USD 3.203.8 million, expanding at a CAGR of 9.86% during the evaluation period from 2017 to 2023.
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The cochlear implants market 2020 growth can be attributed to the rise in prevalence of hearing impairment owing to the increasing geriatric population. The availability of customized product solutions for cochlear implants is anticipated to fuel the demand for cochlear implants, which can augment the market.
Furthermore, the technological development is likely to aid the equipment in transferring accurate signals and enhance battery life, which is anticipated to actuate the market in the forecast period. The prolonged exposure to noise in recreational settings is predicted to increase the demand for cochlear implants which is expected to strengthen the market.
Blood Flow Measurement Devices Market Will Reflect Significant Growth Prospects Forecast to 2027
The increasing prevalence of different diseases and the need for advanced diagnosis is expected to generate demand for medical devices in the years to come. The global blood flow measurement devices market has been assessed by Market Research Future (MRFR) for the assessment period 2017 to 2023. The report highlights that the global market is expected to register a CAGR of 8.8% across the projection period.
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The increasing burden of cardiovascular diseases is the key factor that is likely to boost the future trajectory of the blood flow measurement devices market over the next couple of years. These diseases affect blood vessels by increasing the blood flow. Rising awareness about the same is anticipated to accelerate revenue creation for the players of the blood flow measurement devices market over the assessment period.
Advancements in healthcare technologies are expected to revolutionize the product portfolios of the key vendors. This, in turn, is poised to expand the blood flow measurement devices market over the forecast period. However, on the contrary, the high cost of these devices is projected to check the growth pace in the years to come.