Global Neuromodulation Market growth trends 2019 to 2026
Global Neuromodulation Market

Global Neuromodulation Market Size, Share, Forecast Report Offers Accurate Insights till 2026|Abbott, Boston Scientific Corporation, LivaNova PLC, Axonics Modulation Technologies,Cochlear Ltd., MED-EL, Nevro & Others

Global neuromodulation market is registering a healthy CAGR of 13.50% in the forecast period of 2019-2026. This rise in the market value can be attributed due to rise in geriatric population and their vulnerability to neurological disorders. The expansion in emerging economies is likely to drive the market growth.

 This neuromodulation report studies and analyses facts and figures about the market segmentation very carefully and represent it in the form of graphs for the better understanding of end user. It not only identifies the emerging trends along with major drivers, challenges and opportunities in the market but also analyses them efficiently. The market report has been specially designed by keeping in mind the customer requirements with which businesses can get assistance in increasing their return on investment (ROI). This report has a lot of features to offer about healthcare industry such as the general market conditions, trends, inclinations, key players, opportunities, and geographical analysis.

In this neuromodulation report, a market study and overview is carried out by considering market drivers, market restraints, opportunities and challenges for a particular business. The neuromodulation report acts as a perfect window to the healthcare industry which explains what market definition, classifications, applications, engagements and market trends are. This report contains a key data and information about the market, emerging trends, product usage, motivating factors for customers and competitors, restraints, brand positioning, and customer behaviour. Neuromodulation report offers appropriate solutions to the complex business challenges and works toward an effortless decision-making process.
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Major Market Competitors: Global Neuromodulation Market

Some of the major players operating in neuromodulation market areBioAlps Association, Bioness Inc., Soterix Medical Inc., Medtronic, Abbott, Boston Scientific Corporation, LivaNova PLC, Axonics Modulation Technologies, Inc., Cochlear Ltd., MED-EL, Nevro Corp., Neuronetics, Cogentix Medical, Johnson & Johnson Services Inc., NeuroPace, Inc., NeuroSigma, Inc., NDI, IntraPace, Inc., DynaMD, BioControl Medical, Synapse Biomedical Inc., Functional Neuromodulation, Ltd., Stimwave LLC, Biegler GmbH, Stimwave LLC, Modulus, Inc. EnteroMedics Inc. and Integer Holdings Corporation among others.

Competitive Analysis: Global Neuromodulation Market

The neuromodulation market is highly fragmented and is based on new product launches and clinical results of products. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of neuromodulation market for global, Europe, North America, Asia Pacific and South America.

Major market drivers and restraints:

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

Table of Contents

Introduction

1.Market Segmentation

2.Market Overview

3.Executive Summary

4.Premium Insights

5.Global, By Component

6.Product Type

7.Delivery

8.Industry Type

9.Geography

Get detailed TOC at https://databridgemarketresearch.com/toc/?dbmr=global-neuromodulation-market

Market Segmentation: Global Neuromodulation Market

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) marketis further sub segmented by application into Parkinson’s disease, tremor and depression. Sacral Nerve Stimulation Marketis further sub segmented by application into urine incontinence and fecal incontinence.Vagus Nerve Stimulation Marketis further sub segmented by application intoepilepsy and others.Gastric electrical stimulation market is further sub segmented by application intogastroparesis 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, andBrazil among others. In 2017, North America is expected to dominate the market.

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