Global Neurostimulation device Market – Industry analysis and forecast (2017 to 2024)
Global Neurostimulation Devices Market was USD 6.5 billion in 2017, and it is expected to grow at 20.18% CAGR from 2017 to 2024.
Neurostimulation is the determined modulation of the nervous system’s activity using invasive or non-invasive means. Neurostimulation usually refers to the nervous system in terms of electromagnetic methods.
The rising prevalence of neurological disorders such as Alzheimer’s disease, Parkinson’s disease, migraine, chronic lower back pain, dementias, and epilepsy will drive the Global Neurostimulation Devices Market size. In addition to this, a rising elderly patient base across the globe is another major factor that drives the industry growth as the geriatric patient pool is more unguarded to neurological disorders fuelling demand for neurostimulators in the future.
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Global Neurostimulation Devices Market is segmented by product, application, end user, region and geography. Global neurostimulation devices have the predominant usage in depression, dystonia, epilepsy, essential tremors, gastroparesis disorders, incontinence, obsessive compulsion disorders (ocd), pain, and Parkinson’s disease, thereby making it one of the most widely used devices segment in the world.
North America, especially the U.S. will lead the Global Neurostimulation Devices Market over the current forecast period. Increasing extensiveness of neurological disorders, unruptured brain aneurysm, and chronic lower back pain are a few other factors that will stimulate demand for Global Neurostimulation Devices Market.
The major players in the neurostimulation device market are Boston Scientific Corporation, Cyberonics Inc, St. Jude Medical Inc, Medtronic Inc., NeuroPace Inc., and NeuroSigma, Inc.
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The years that have been considered for the study are:
• Base year – 2016
• Estimated year – 2017
• Forecast period – 2017 to 2026
Key Highlights:
• Assessment of market definition along with the identification of key players and an analysis of their strategies to determine the competitive outlook of the market, opportunities, drivers, restraints, and challenges for this market during the forecast period
• Complete quantitative analysis of the industry from 2017 to 2024 to enable the stakeholders to capitalize on the prevailing market opportunities.
• Global Neurostimulation Devices Market analysis and comprehensive segmentation with respect to the Product, Technology, Application, and geography to assist in strategic business planning.
• Global Neurostimulation Devices Market analysis and forecast for five major geographies, North America, Europe, Asia Pacific, Middle East & Africa, Latin America, and their key regions.
Research Methodology
The market is estimated by analyzing the data points obtained from various sources and conducting them into a predictor model created specifically for each individual market. The data points are extracted from paid and unpaid sources along with paid primary interviews with key opinion leaders in the market. Key opinion leaders from both demand and supply sides of the market were considered while conducting interviews to get an unbiased idea of the market. This exercise was done at a country level to get a fair idea of the market in countries considered for this analysis. This country-specific analysis was accumulated to establish regional numbers and then arrive at a global market value for Global Neurostimulation Market.
Key Players in the Global Neurostimulation Market Are:
• Nevro
• NeuroPace, Inc.
• MED-EL.
• Aleva Neurotherapeutics SA
• BioControl Medical
• Bioness Inc
• EnteroMedics Inc
• Nevro Corporation
• Autonomic Technologies
• Multi Radiance Medical, Inc
• Neuronetics, Inc
• American Imex
• Amrex Electrotherapy Equipment
• Electromedical Products International (EPI)
Market KEY Segment:
By Product:
• Spinal Cord Stimulator
• Deep Brain Stimulator
• Sacral Nerve Stimulator
• Vagus Nerve Stimulator
• Gastric Electric Stimulator
By Application:
• Pain Management
• Epilepsy
• Essential Tremor
• Urinary and Fecal Incontinence
• Depression
• Dystonia
• Gastroparesis
• Parkinson’s Disease
By Geography:
• North America
• Europe
• Asia Pacific
• Rest of World (Row)
By Region
North America
• US
• Canada
Europe
• Germany
• France
• UK
• Italy
• Spain
• Russia
• Rest of Europe
Asia Pacific
• Japan
• China
• India
• South Korea
• Australia
• Rest of Asia Pacific
Rest of the World (RoW):
• Middle-East
• Africa
• Latin America
Key target audience:
• Research and Consulting Firms as well as Venture capitalists, private equity firms, and start-up companies
• Market leading companies
• Product distributors
• Raw material suppliers
• Buyers
• Government and regulatory authorities
Scope of the Report:
Research report categorizes the Global Neurostimulation Devices Market based on Product, Technology, Application and geography (region wise). Market size by value is estimated and forecasted with their venues of leading companies operating in the Global Oxygen Concentrators Market with key developments in companies and market trends.
Browse Full Report with Facts and Figures of Neurostimulation Devices Market Report at: maximizemarketresearch.com/market-report/global-neurostimulation-devices-market/10802/
MAJOR TOC OF THE REPORT
Chapter One: Neurostimulation Devices Market Overview
Chapter Two: Manufacturers Profiles
Chapter Three: Global Neurostimulation Devices Market Competition, by Players
Chapter Four: Global Neurostimulation Devices Market Size by Regions
Chapter Five: North America Neurostimulation Devices Revenue by Countries
Chapter Six: Europe Neurostimulation Devices Revenue by Countries
Chapter Seven: Asia-Pacific Neurostimulation Devices Revenue by Countries
Chapter Eight: South America Neurostimulation Devices Revenue by Countries
Chapter Nine: Middle East and Africa Revenue Neurostimulation Devices by Countries
Chapter Ten: Global Neurostimulation Devices Market Segment by Type
Chapter Eleven: Global Neurostimulation Devices Market Segment by Application
Chapter Twelve: Global Neurostimulation Devices Market Size Forecast (2019-2026)
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