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This Neurostimulation devices market report is an exhaustive research on companies active in Neurostimulation devices sector, its applications, products, end-users, trends and predictions on how the market will grow in coming years.
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Neurostimulation Devices Market Trends Research And Projections For 2020- 2026 • A research study conducted by Global Market Insights, Inc., suggests that neurostimulation devices market is likely to exceed the $22 billion mark by 2026, in terms of revenue. • Robust development in neurostimulation technologies is likely to spur neurostimulation devices market share as these technologies have been providing relief to patients affected by debilitating neurologic disorders. • Investment in emerging technologies is likely to unfold lucrative growth opportunities with stakeholders vying to expand their footprints. Leading manufacturers are infusing funds in R&D activities to introduce sophisticated products, including implantable neurostimulation devices. © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com
With an upsurge in spinal cord injuries, traction for spinal cord stimulator will potentially witness an upswing across the globe. According to The National Spinal Cord Injury Database, there are around 54 cases per one million people in the U.S., which translates into 17,810 new spinal cord injuries cases each year. • Spinal cord stimulators are gaining traction in light of surge in the number of minimally invasive procedures. A notable spike in the number of individuals suffering from chronic back pain has further triggered the growth of spinal cord stimulators. • Production of deep brain stimulators has surged in recent years following its trend in treating Parkinson’s disease. Deep brain stimulators will be highly desirable to treat psychiatric conditions, dystonia and Parkinson’s disease. • There has also been an upsurge in Parkinson’s disease that has furthered the use of neurostimulation devices. The Parkinson’s disease portfolio accounted for approximately 7% market share in 2019, an upsurge is projected in the next five years. © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com
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Regional Analysis • Europe is witnessing an uptick in the number of neuropsychiatric disorders, making neurostimulation devices highly sought-after in the region. Favorable government policies and concerted efforts by private agencies are expected to foster neurostimulation devices market outlook. • Competitive Analysis • Forward-looking companies are likely to focus on the product roll outs, mergers & acquisitions and partnerships. For instance, Medtronic received green signal from FDA for the use of Percept PC deep brain stimulation system (DBS) in June 2020. Some of the leading companies profiled in the report are IntraPace, Medtronic, Abbott, Boston Scientific, Bayer AG, LivaNova, Laborie and IntraPace, among others. Request for Customization @ https://www.gminsights.com/roc/436 © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com
Latest Research Report On Neurostimulation Devices Market @ https://www.gminsights.com/industry-analysis/neurostimulation-devices-market-report Request for sample of this research report@ https://www.gminsights.com/request-sample/detail/436 Request for customization: https://www.gminsights.com/roc/436 © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com
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