Neuromodulation Market Report is a specialized and in-depth study on the current state of the Neuromodulation industry. The report provides a basic overview of the industry including definitions, classifications, applications and industry chain structure.
New report entitled, Global Neuromodulation Market accounted to USD 4.05 billion in 2016 growing at a CAGR of 12.22% during the forecast period of 2017 to 2024. Market segmented By Technology (Internal Neuromodulation, External Neuromodulation), By Application (SCS, DBS, Sacral, Vagus, Gastric Electrical, Transcutaneous Electrical, Repetitive Transcranial Magnetic, Respiratory Electrical), By Geography – Industry Trends and Forecast to 2024
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- 350 pages, 220 tables and 60 figures
- Neuromodulation Market Forecast Period: 2017–2024
- Neuromodulation Market Historical Year: 2015
- Neuromodulation Market Base Year: 2016
- Neuromodulation Market Estimated Year: 2017
- Rise in geriatric population
- Increase in cases of neurological diseases such as Alzheimer’s and Parkinson’s diseases
- Increase in awareness regarding the safety and efficacy of neurostimulator devices
- Robust product pipeline
- Rise in investments and funds
- Unfavorable reimbursement policies
- Lack of healthcare professionals
Top Competitors of Global Neuromodulation Market
- BioAlps Association,
- Bioness Inc.,
- Soterix Medical Inc.,
- Boston Scientific Corporation,
- LivaNova PLC,
- Axonics Modulation Technologies, Inc.,
- Johnson & Johnson Services Inc.,
- Among Others
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Global Neuromodulation Market Segmentation
The neuromodulation market is segmented by technology into internal neuromodulation and external neuromodulation (Non-invasive). Internal Neuromodulation is sub segmented into spinal cord stimulation (SCS), deep brain stimulation (DBS), vagus nerve stimulation (VNS), sacral nerve stimulation (SNS) and gastric electrical stimulation (GES).External neuromodulation (non-invasive) is sub segmented into transcutaneous electrical nerve stimulation (TENS), transcranial magnetic stimulation (TMS) and respiratory electrical stimulation (RES).
On the basis of application the market is segmented into spinal cord stimulation (SCS), deep brain stimulation (DBS), sacral nerve stimulation market, vagus nerve stimulation market, gastric electrical stimulation market, transcutaneous electrical nerve stimulation market, repetitive transcranial magnetic stimulation market and respiratory electrical stimulation market.
Spinal cord stimulation (SCS) market is further sub segmented by application into failed back syndrome (FBSS), chronic pain and ischemia. Deep brain stimulation (DBS) market is further sub segmented by application into Parkinson’s disease, tremor and depression. Sacral Nerve Stimulation Market is further sub segmented by application into urine incontinence and fecal in continence. Vagus Nerve Stimulation Market is further sub segmented by application into epilepsy and others. Gastric electrical stimulation market is further sub segmented by application into gastroparesis and obesity. Transcutaneous electrical nerve stimulation market is further sub segmented by application into treatment resistant depression and others. Repetitive transcranial magnetic stimulation market is further sub segmented by application into depression and migraine headache. Respiratory electrical stimulation market is further sub segmented by application into spinal cord injury.
On the basis of geography, neuromodulation market report covers data points for 28 countries across multiple geographies such as North America & South America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.
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