Future Outlook of Neurostimulation Devices Market Poised to Achieve CAGR of 12.5% by 2023 – Global Key Players (Abbott, Bayer, Boston Scientific, Cyberonics, DePuy Synthes, Neuronetics, NeuroPace, Nevro)

Marketprognosis.com Publish a New Market Research Report On “Global Neurostimulation Devices Market 2018 - 2023” which contains global key player’s survey information and forecast to 2023.

Overview of the Global Neurostimulation Devices Market:

The Global Neurostimulation Devices Market is expected to register a CAGR of 12.5% during the forecast period of 2018 - 2023.

The rise in the technological advancements and innovation with growing geriatric population base is increasing the demand for the need of Neurostimulation Devices Market. The well-established healthcare infrastructure with the high adoption rate of new technologies and innovation in neurological devices, helps North America to dominate the market.

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The rising prevalence of neurological disorders is one of the primary factors driving the Neurostimulation Devices Market. In 2013, as per the National Center for Health Statistics of the Centers for Disease Control and Prevention (CDC), 84,767 people had died due to Alzheimer’s disease. Each year nearly, 50 million people worldwide have epilepsy, making it one of the most common neurological diseases globally. In emerging markets such as India, nearly 30 million people suffer from neurological disorders with a prevalence of around 2,400 patients per 10,000 population. Thus, a high number of patients suffering from neurological diseases needs hospitalizations, worldwide, which raises the demand for early diagnosis of these diseases driving this market.

Annually, a large part of healthcare expenditure goes to the neurological disease treatment. It is highly expensive for the public in developed countries and more so in the emerging market. Over one-third population of the United States suffer from neurological diseases, which is close to a 100 million, and posts enormous financial strain over the healthcare system, as nearly USD 800 billion annual costs goes into its treatment. In emerging markets such South Asian countries, the financial burden for the treatment of neurological conditions is further misbalanced compared to the patients require the treatment. Thus, it is one of primary factor impeding this market.

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The Asia-Pacific region is expected to show fastest growth rate over the period, 2018 to 2023 which should provide huge investment opportunities for the neurostimulation devices companies in countries, such as India, China, and Japan. In recent years, high economic growth has been observed in these countries, with a vast diversified patient pool. These countries have observed improving healthcare facilities largely due to involvement and expansion of private sectors companies in healthcare collaborating with multinational healthcare organizations to provide better treatment, giving rise to multiple growth prospects.

Major Key Players:

1 Abbott

2 Bayer Corporation

3 Boston Scientific Corporation

4 Cyberonics, Inc.

5 DePuy Synthes

6 Interpace Diagnostics LLC

7 Neuronetics

8 NeuroPace, Inc.

9 Nevro Corp

10 Synapse Biomedical, Inc.

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What Information does this report contain?

1 A detailed analysis of regulatory trends, drivers, industry pitfalls, challenges and growth opportunities for participants

2 Which are the leading market products, applications & regions and how will they perform by 2023?

3 What are the technologies & innovation trends, how will they evolve by 2023?

4 Which companies lead the industry, how are they positioned in the market in terms of sustainability, competency, production capacity and strategic outlook?

In the end, this report covers data and information on capacity and production overview, production, market share analysis, sales overview, supply, sales, and shortage, import, export and consumption as well as cost, price, revenue and gross margin of Neurostimulation Devices Market.

Table of Contents:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Key Inferences

5 Market Overview

6 Drivers, Restraints, Opportunities and Challenges Analysis (Droc)

7 Market Segmentation

8 Competitive Landscape

9 Key Players

10 Future Outlook of the Market

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