The Global Internal Neuromodulation Devices Market report contains an in-depth profiling of the key market players, along with the recent developments (New product launches, partnerships, agreements, collaborations, and joint ventures) and strategies adopted by them to sustain and strengthen their positions in the market.
Pune, India -- (SBWIRE) -- 06/13/2018 -- Global Internal Neuromodulation Devices Market, By Product (Spinal Cord Stimulator, Deep Brain Stimulator, Vagus Nerve Stimulator, Sacral Nerve Stimulator, Gastric Nerve Stimulator), By Lead Type (Percutaneous, Paddle Lead), By Indication (Failed Back Surgery Syndrome, Parkinson's disease, Urinary Incontinence, Epilepsy, Gastroparesis), By Battery Type (Primary, Rechargeable), By End-User (Hospitals, Clinics, Home Healthcare, Community Healthcare), By Geography (North America, Europe, Asia-Pacific, Middle East and Africa, South America, Rest of the World)
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The Global Internal Neuromodulation Market is expected to reach USD 12.18 billion by 2024, from 4.12 billion in 2016 growing at the CAGR of 14.5% in the forecast period 2017 to 2024.
Report Factors:
The Global Internal Neuromodulation devices market is driven by the rising incidence of failed back surgeries, Parkinson's disease, urinary incontinence and other related indications. Also the market is experiencing a rising surge of technological advancements such as the new internal Neuromodulation device from Enteromedics for the treatment of obesity related disorders. The market is in its lag phase very soon expected to enter the growth phase, due to major influx of market players in the recent years.
Top Key Players:
- Medtronic
- Boston Scientific Corporation
- St. Jude Medical, Inc.
- Nevro Corporation
- Cyberonics, Inc.
- Neuros Medical, Inc.
- Inspire Medical Systems Inc.
- StimGuard LLC
- SPR Therapeutics LLC
- Neuros Medical Inc.
Report Segmentation:
The Internal Neuromodulation devices market is segmented into 5 product types:
- Spinal Cord Stimulator
- Deep Brain Stimulator
- Vagus Nerve Stimulator
- Sacral Nerve Stimulator
- Gastric Nerve Stimulator
The Spinal Cord Stimulator segment dominates the internal neuromodulator devices market globally followed by deep brain stimulator and vagus nerve stimulator.
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The market is further segmented based on indications of usage into:
- Failed Back Surgery Syndrome
- Conditional Regional Pain Syndrome
- Eschemia
- Parkinson's Disease
- Alzheimers
- Urinary Incontinence
- Faecal Incontinenece
- Epilepsy
- Gastroparesis
- Others
The product segments are further divided into:
- Rechargeable
Primary battery types also for spinal cord stimulators the market is divided into 2 lead types
- Percutaneous
- Paddle Lead
Based on geography the internal Neuromodulation devices market is segmented into 5 geographical regions,
- North America
- Europe
- Asia-Pacific
- South America
- Rest of the World
The geographical regions are further segmented into 24 major countries such as U.S. Canada, Mexico, Germany, France, U.K., Belgium, Switzerland, Belgium, Turkey, Japan, China, Singapore, Brazil, India, Russia, South Africa and many others. North America is the largest market while Asia-Pacific is the fastest growing market due to the large incidence of Parkinson's disease in the Asian countries like China. Europe is a developed market with increasing demand for these devices due to good reimbursement scenarios and medical tourisms in countries like Germany, Ireland, Netherlands and others.
This report consists of below pages:
- No of pages: 350
- No of Figures: 60
- No of Tables: 220
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