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An in-depth analysis of the current market scenario, future market estimates and trend-analysis to reveal holistic picture that in turn facilitates decision making. Quantitative analysis of the current market and estimations through 2013-2020 - to assist corporate strategists to design business strategies to capitalize on the current and future (possible) opportunities in the market.<br>
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Opportunity Analysis and Industry Forecast, 2016-2023 New Revenue Pockets for the Neuroprosthetics Market Global Opportunity Analysis and Industry Forecast, 2013-2020
NeuroprostheticsMarket “Neuroprosthetics manufacturing companies focus on developing variants of Neuroprosthetics devices such as self-charging neural implants that can be recharged with bioenergy; thus, eliminate the need for expensive and high-risk surgeries to replace the discharged batteries of implanted Neuroprosthetics. The companies also deploy expansion of applications as key strategy for garnering market share. ”
NeuroprostheticsMarket Overview Neuroprosthetics Market Report, published by Allied Market Research, forecasts that the global market is expected to garner $14 billion by 2020, registering a CAGR of 15.8% during the period 2016-2020. High growth segments such as Visual neuroprosthetics/retinal implants and applications such as Parkinson's disease, Overactive Bladder Syndrome and Epilepsy are expected to contribute substantially to the growth of the overall global Neuroprosthetics market. Motor Prosthetics holds the largest share within Neuroprosthetics devices market segment whereas Sacral Cord Stimulation (SCS) would maintain the leading market position through 2020, within technology segment. Access Full Summary at : https://www.alliedmarketresearch.com/neuroprosthetics-market Multitude of cognitive and physiological disorders have a debilitating impact on 'quality-of-life' of affected patient populace. A majority (~80%) of such patients is unamenable to any form of treatment as first line (drug) and second line (invasive surgeries) treatments fail. Neuroprosthetics devices or neural implants or brain implants offer an efficacious solution to the afore-mentioned type of patients.
Neuroprosthetics Market Neuroprosthetic devices/implants are technically advanced products that involves different technologies for its manufacturing/functioning such as local field potential, automated movable electrical probes, MRI, image guided surgical technique etc. These technological developments have occupied neuroprosthetics arena with innumerable replacement strategies, rehabilitation procedures and neuromodulation therapies to improve the quality of life for patients with neuromotor disorders. Advancement in technology has assisted to develop the personalize neurotechnologies and rehabilitation for patient specific neural impairments to accomplish the timely dissemination of neuroprosthetic treatment Cochlear implants and retinal implants are the examples of technologically advanced neuroprosthetic products that have helped deaf and blind population respectively. Argus II retinal prosthesis is EU and USFDA approved commercial available visual prosthesis that improves the vision in patient with retinitis pigmentosa. Thus, with continually advancing technologies, the impact of this factor is expected to augment in near future.
Neuroprosthetics Market Snapshot The growth of neuroprosthetics market in Europe is primarily attributed to the increasing burden of chronic neurological conditions. In established European countries the growth of neuroprosthetics market is expected to remain stable, whereas, faster growth is expected in new European Union member states due to considerable funding and modernization of healthcare facilities. Germany, Italy, UK, France and The Netherlands are the biggest markets in the European region for neuroprosthetics. Brain disorders exhibits a considerable social and economic burden in Europe. According to WHO survey, brain disorders are responsible for 35% of Europe’s total disease burden. This burden is increasing due to increasing number of aging population in Europe, and requires a considerable attention to address the treatment issues as all the cases does not respond to medication therapy. Due to this fact scientist have focused on new and advanced treatment options such as neuroprosthetics or brain implants to treat the chronic neurological conditions including Alzheimer’s, Parkinson’s and memory loss due to traumatic brain injury.
Key Benefits of Neuroprosthetics Market • An in-depth analysis of the current market scenario, future market estimates and trend-analysis to reveal holistic picture that in turn facilitates decision making • Quantitative analysis of the current market and estimations through 2013-2020 - to assist corporate strategists to design business strategies to capitalize on the current and future (possible) opportunities in the market • Strategic analysis of key market players and business strategies within the global market provided - would assist stakeholders to make informed business decisions • Pinpoint intelligence of key investment pockets are illustrated from the manufacturers point of view • Report emphasizes on the key strategies adopted by the giants operating in the neuroprosthetic devices market • Technological trends of neurological devices are critically analyzed and validated through primaries • Identification of key product segments based on current and potential growth prospects - to reveal most profitable segments that can be catered to by the market players
Neuroprosthetics Market North America Europe Asia-Pacific LAMEA
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