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Nerve Repair and Regeneration Market Poised to Reach $7.8 Billion by 2018

The global nerve repair and regeneration market was worth $4.1 billion in 2012 and is expected to grow at a CAGR of 11.5% in the next five years.

 
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Dallas, TX -- (SBWIRE) -- 03/27/2014 -- The “Nerve Repair & Regeneration Market by Xenografts (Conduits, Protectors), Neuromodulation [Internal (Spinal Cord, Deep Brain)], External (Transcranial Magnetic)], Surgery [Direct Nerve Repair, Grafting, Stem Cell] - Global Trend & Forecast to 2018 ”, analyzes and studies the major market drivers, restraints, and opportunities in North America, Europe, Asia, and Rest of the World.

Browse 88 market data tables and 53 figures spread through 228 pages and in-depth TOC on “Nerve Repair & Regeneration Market".

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This report studies the global nerve repair and regeneration market over the forecast period of 2013 to 2018. The global nerve repair and regeneration market is valued at $4.5 billion in 2013 and is poised to reach $7.5 billion by 2018, at a CAGR of 11.5%.

The nerve repair and regeneration market is categorized into two major segments, namely, peripheral nerve repair (direct nerve repair, nerve grafting, and stem cell therapy) and neuromodulation. Neuromodulation is considered as a potential upcoming market segment. The favorable reimbursement policies, technological advancements, and strong impact of this technology on treating disorders such as Parkinson’s, Alzheimer’s, epilepsy, and sleep apnea will be the major drivers for this market.

The nerve repair and regeneration marketis driven by the increasing incidence of peripheral nerve injuries and neurological disorders, technological advancements in nerve repair, favorable reimbursement policies, and expanded target applications of Neuromodulation devices.

In 2013, North America accounts for the largest share of the global nerve repair and regeneration market, followed by Europe. Considering investments and various initiatives, markets like China, Japan, India, Australia, and South Korea are the potential markets for investors in the near future.

Major players in the neuromodulation market include Medtronic (U.S.), Cyberonics (U.S.), St. Jude Medical (U.S.), Boston Scientific (U.S.), and Biocontrol Medical (Israel), while the nerve repair biomaterials market is dominated byplayerssuch as Integra LifeSciences Corporation (U.S.), Stryker Corporation (U.S.), and AxoGen (U.S.).

The agenda for the briefing includes discussion on key high growth markets. Furthermore, a briefing will be conducted on the competitive scenario, geographical trends, and opportunities with focus on geographies such as North America, Europe, Asia, and Rest of the world.

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