Pune, India -- (SBWIRE) -- 08/30/2018 -- Neuromodulation market report is a comprehensive study on how the Healthcare IT industry is changing because of Neuromodulation market. There are several systematic information in the report, like what the CAGR values are going to be in the forecast years of 2018-2025, and what the market definition, classifications, applications and market trends mean and how to use them to achieve a greater edge on the key players and brands whose company profiles are included in the report.

This report also contains all the recent developments, product launches, joint ventures, merges and accusations by the top brands and players. All the way by also informing what the market drivers and restrains are with help of SWOT analysis.

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Neuromodulation is technology which is used for modification or variation in the nerve activity by using chemical agents or electrical stimulation to the specific neurological sites in the body. Neuromodulation devices are used by the application of electrodes to the brain, peripheral nerves or the spinal cord. The therapy provides relief to patients from pain and accompanying side-effects of drugs. The technology used is expected to replace conventional treatments for neurological disorders.

Top Competitors

1. BioAlps Association,
2. Bioness Inc.,
3. Soterix Medical Inc.,
4. Medtronic,
5. Abbott,
6. Boston Scientific Corporation,
7. LivaNova PLC,
8. Axonics Modulation Technologies, Inc.,
9. Johnson & Johnson Services Inc.,
10. Among Others

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Global Market Analysis

- On the basis of technology into
1. internal neuromodulation
2. external neuromodulation (Non-invasive).
1. Internal Neuromodulation is sub segmented into
? spinal cord stimulation (SCS),
? deep brain stimulation (DBS),
? vagus nerve stimulation (VNS),
? sacral nerve stimulation (SNS) and
? gastric electrical stimulation (GES).

2.External neuromodulation (non-invasive) is sub segmented into
? transcutaneous electrical nerve stimulation (TENS),
? transcranial magnetic stimulation (TMS)
? respiratory electrical stimulation (RES).

- On the basis of application the market is segmented into
? spinal cord stimulation (SCS) - failed back syndrome (FBSS), chronic pain and ischemia.
? deep brain stimulation (DBS) - Parkinson's disease, tremor and depression
? sacral nerve stimulation market - urine incontinence and fecal in continence
? vagus nerve stimulation market - epilepsy and others
? gastric electrical stimulation market - gastroparesis and obesity
? transcutaneous electrical nerve stimulation market - treatment resistant depression and others
? repetitive transcranial magnetic stimulation market - depression and migraine headache
? respiratory electrical stimulation market - spinal cord injury

Future Facts:

- Rise in geriatric population
- Increase in cases of neurological diseases such as Alzheimer's and Parkinson's diseases
- Increase in awareness regarding the safety and efficacy of neurostimulator devices
- Robust product pipeline
- Rise in investments and funds
- Unfavorable reimbursement policies
- Lack of healthcare professionals

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