According to a new market report published by Transparency Market Research “ Global Neuromodulation Devices Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2013 - 2019", the market was valued at USD 11.16 billion in 2012, and is expected to reach USD 15.90 billion by 2019, growing at a CAGR of 5.2% from 2013 to 2019. Lack of adequate power infrastructure and increasing demand for reliable electricity delivery are the major driving forces of this market.
Albany, NY -- (SBWIRE) -- 06/27/2014 -- This report covers an in depth analysis of the neuromodulation devices market across the globe. A detailed analysis of the market size in terms of annual revenue in USD millions is provided for the period 2012 to 2018, keeping 2011 as a base year. The neuromodulation devices market is segmented on the basis of technology into: Spinal Cord Stimulation Devices, Deep Brain Stimulation Devices, Vagus Nerve Stimulation Devices, Sacral Nerve Stimulation Devices and Gastric Electric Stimulation Devices.
The neuromodulation devices market is also segmented on the basis of different application areas into: Medtronic’s Spinal Cord and Deep Brain Neurostimulation Systems, St. Jude Medical’s Eon Mini Neurostimulator System, Boston Scientific’s Precision Spinal Cord Stimulation System, Nevro’s Senza System for Spinal Cord Stimulation, Cyberonics’ VNS Therapy System, Codman & Shurtleff’s Medstream system, Medtronic’s Enterra Therapy System and IntraPace’s abiliti system. The market analysis for all these segments is provided on a geographical level and this report covers four major geographies namely: North America, Europe, Asia Pacific and the rest of the world.
In this research report Transparency Market Research covers an in depth competitive analysis for the market, taking into consideration some of the major market players. The market players considered are: Medtronic, St. Jude Medical, Boston Scientific Group, Cyberonics, Nevro, Codman and Shurtleff, Integra, IntraPace, Neuronetics Inc., Cervel Neurotech Inc. and Uroplasty. A detailed analysis of their business strategies, company overview, financial overview, product portfolio SWOT Analysis and recent developments is also provided in the report.
Transparency Market Research is a market intelligence company providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers.
We are privileged with highly experienced team of Analysts, Researchers and Consultants, who use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.