10-19-2018 10:50 PM CET - Health & Medicine

Global Neuroprosthetics Market Comprehensive Study 2018: Boston Scientific Corporation , Biomet, Inc., Cyberonics, Inc., Cochlear Ltd, Medtronic plc, NDI Medical, LLC, NeuroPace, Inc., Nevro Corp , Retina Implant AG

Press release from: Data Bridge Market Research
Global Neuroprosthetics Market
Global Neuroprosthetics Market

This report provides in depth study of “Global Neuroprosthetics Market  using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organization. The Global Neuroprosthetics Market report also provides an in-depth survey of key players in the market which is based on the various objectives of an organization such as profiling, the product outline, the quantity of production, required raw material, and the financial health of the organization.

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Neuroprosthetic devices are biomedically engineered devices to be linked to the peripheral or central nervous system to enhance the cognitive, motor or sensory abilities.

Market Segmentation: Global Neuroprosthetics Market

On the basis of type,the global neuroprosthetics market is segmented into motor prosthetics,auditory prosthetics/cochlear implants, cognitive prosthetics and visual prosthetics/retinal implants. 

On the basis of technology,theglobal neuroprosthetics market is segmented into deep brain stimulation, vagus nerve stimulation, spinal cord stimulation and sacral nerve stimulation.

On the basis of application, the global neuroprosthetics market is segmented into motor neuron disorders, physiological disorders, cognitive disorders. Motor neuron disorders is further sub segmented into Parkinson’s disease and epilepsy. Physiological disorders are further sub-segmented into auditory processing disorders, ophthalmic disorders, cardiovascular disorders  and kidney diseases. Whereas cognitive disorders are sub-segmented into Alzheimer’s disease and deveredepression.

On the basis of end user, global neuroprosthetics market is segmented into hospitals and clinics.

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On the basis of geography, global neuroprosthetics market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.

Major Market Competitors/Players:

Some of the major players operating in the Global Neuroprosthetics Market are:- 

Boston Scientific Corporation ,

Biomet, Inc.,

Cyberonics, Inc.,

Cochlear Ltd,

Medtronic plc,

NDI Medical, LLC,

NeuroPace, Inc.,

Nevro Corp ,

Retina Implant AG,

St. Jude Medical, LLC.,

Sonova, SensArs,  

CorTec GmbH

Competitive Analysis: Global Neuroprosthetics Market

The global neuroprosthetics market is highly fragmented and is based on new product launches and clinical results of products. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of global neuroprostheticsmarketfor global, Europe, North America, Asia Pacific, and South America.

Major Market Drivers and Restraints: 

Increasing prevalence of neurological disorders 
Rising geriatric population
Increasing awareness among people
Involvement of government support
Demand for cost-effective and technologically advanced implants
Issues related to reimbursementschemes 
High cost of Neuroprostheticsdevices
High procedure cost

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About Data Bridge Market Research:

Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.


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