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Sacral Neuromodulation Market Is Booming Worldwide

The study segments the Sacral Neuromodulation industry in light of major classification such as product type, potential markets, application, and end-user.

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Sacral Neuromodulation Market Is Booming Worldwide

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  1. Sacral Neuromodulation Market To Reach USD 3153.4 Million By 2026

  2. Market Summary Increasing elderly population, rise in the neurological diseases as well as failure of conventional treatments (exercise, changes in lifestyle, diet) to cure SNM expiries are key factors contributing to high CAGR of Sacral Neuromodulation during forecast period. Market Size – USD 2189.1 million in 2018, Market Growth - CAGR of 4.94%, Market Trends – Product launches and research for Sacral neuromodulation According to the current analysis of Reports and Data, the global Sacral neuromodulation market was valued at USD 2189.1 million in 2018 and is expected to reach USD 3153.4 million by year 2026, at a CAGR of 4.94 %. The study covers in-depth analysis of Sacral Neuromodulation and the treatments to cure it. Overactive bladder symptoms of urgency, frequency and incontinency is at present affecting a significant amount of population, especially when age increases. Sacral Neuromodulation (also known as sacral nerve stimulation) has been one of the popular and effective treatment options to cure overactive bladder and bowel problems for more than last 2 decades. The main purpose of the Sacral Neuro modulation is to improve the coordination between bladder/bowel and our brain. One of the proven treatments include sacral neuromodulation via the interstim system. The procedure is divided into two main stages which include basic evaluation and advanced evaluation. In both the evaluations a portable, external stimulator which generates stimulations is delivered through a lead. www.reportsanddata.com

  3. Further key findings from the report suggest • North America is the largest revenue generating region in the global Sacral neuromodulation market. It holds 35.5% of the total market share owing to the technological advancements and rising awareness about SNM. Followed by that, Europe accounts for 31.2% of the total market share. • Implantable SNM devices in comparison to external SNM devices is a more popular option on a global level. It holds 62.5% of the total market share whereas External SNM device holds 33.3% of the total market share. • Welkin Health, a privately-held patient relationship management software company has recently announced that it will be collaborating with Axonics Modulation Technologies in finding new solutions for SNM. • With only a handful of players in the market, there are tremendous opportunities for companies like Axonics to enter in the market. • Revenue from the sale of SNM devices is estimated to be rise around USD 600 million annually with nearly 30,000 devices implanted in patients in 2014 alone. • Revenue for this market is estimates to grow to over USD1 billion by the end of 2019. • According to a US-based study, overactive bladder (OAB) symptoms are prevalent in 17% males and 17.9% in female population in US. • In case of Europe, 16% men and 17.8% women above 40 years of age were estimated to have OAB symptoms in the coming years. • Associated side effects related to SNM treatments and lack of awareness about Sacral neuromodulation is likely to hinder the market growth during the forecast period. To look at the PDF Sample Report and get 30 minutes of a free consultation @ https://www.reportsanddata.com/sample-enquiry-form/1487

  4. Market Summary KeyPlayers: Cyberonics,St JudeMedicals,BostonScientific,Medtronic. Segmentation: For the purpose of this study, Reports and Data have segmented the Sacral neuromodulation market on the basis of product,application,and region: Product (Revenue, USD Million; 2016–2026) •ImplantableSNM devices •External SNM devices Application(Revenue,USD Million;2016–2026) •Urinary incontinence •Urgeincontinence Regional Outlook (Revenuein USD Million;2016–2026) •NorthAmerica •Europe •Asia Pacific •MiddleEast & Africa •LatinAmerica Grab Your Report at an Impressive Discount! Please Click Here: https://www.reportsanddata.com/discount-enquiry-form/1487 www.reportsanddata.com

  5. The report emphasizes the following key questions: Q.1.What are the most lucrative and promising growth prospects for the market? Q.2.Which sectors are expected to deliver a high growth rate and which industry aspects come into play in this advancement? Q.3.Which geographies are estimated to exhibit the highest growth and the underlying causes? Q.4.Which factors are impacting the future of the market and what are the driving factors? Q.5.What are the hurdles and challenges curtailing the industry’s growth in the forecast period? www.reportsanddata.com

  6. About Us Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Contact Us: John Watson Head of Business Development Reports And Data | Web: www.reportsanddata.com Direct Line: +1-212-710-1370 E-mail: sales@reportsanddata.com

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