Global Neuroprosthetics Market Research and Forecast 2018-2023
According to OMR analysis, the global neuroprosthetics market is expected to grow at a significant rate during (2018-2023). The global neuroprosthetics market has been showing significant growth due to increasing prevalence of neural diseases and rising inclination towards spinal cord injury treatment. The global neuroprosthetics market is segmented on the basis type, treatment technique, application and geography. The report provides detailed and insightful chapters on market overview, key findings, strategic recommendations, market estimations, market determinants, key company analysis, market share analysis, competitive landscape, company profiling, market segmentation, geographical analysis, analyst insights.
Full report of global neuroprosthetics market is available at https://www.omrglobal.com/industry-reports/neuroprosthetics-market/
“The global neuroprosthetics market on the basis of treatment technique is bifurcated as deep brain stimulation (DBS), vagus nerve stimulation (VNS), sacral nerve stimulation (SNS) and spinal cord stimulation (SCS). DBS as a treatment has been approved by the FDA in 1997 for essential tremor and Parkinson's disease; in 2003 for dystonia; and for OCD in 2009. DBS system is being used in research studies for the treatment of chronic pain, Post-Traumatic Stress Disorder (PTSD). It has also been used for the treatment of various affective disorders such as major depression. DBS is a neurosurgical process that involves implantation of a medical device, neurostimulator or sometimes called brain pacemaker. This device sends electrical impulses to specific targets in the brain through implanted electrodes for treating the movement and neuropsychiatric disorders.”
The market on the basis of geography is divided among four major regions – North America, APAC, Europe, and Rest of the world. North America is considered to be dominating market. The market is expected to grow at a stable CAGR. North American market is driven by high prevalence of spinal cord injuries, ability of people to afford the expensive treatment and research and development in artificial senses. Asia Pacific market is expected to have the highest CAGR amongst all regions for the forecast period of 2018-2023. APAC market is driven by increasing disposable income and improved healthcare facilities in the Asian countries.
The report covers:
Comprehensive research methodology of Neuroprosthetics Market
This report also includes detailed and extensive market overview with key analyst insights.
An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
Analysis of regional regulations and other government policies impacting the Neuroprosthetics Market
Insights about market determinants which are stimulating the Neuroprosthetics Market
Detailed and extensive market segments with regional distribution of forecasted revenues.
Extensive profiles and recent developments of market players.
For related reports please visit https://www.omrglobal.com/reports-category/medical-devices/
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About Orion Market Research
Orion Market Research (OMR) a research company known for its crisp and concise reports. The company is equipped with an experienced team and young brigade of analysts. The company aims to provide business insights for decision making to the global clients and offers quality syndicated research reports, customized research reports, Company profiling, consulting and other research-based services. OMR provide global and regional market reports of various domains such as healthcare, energy, IT, chemicals, and automobiles. OMR provide a 360-degree view of the market with parametric analysis, key market insights, key findings, statistical forecasts, competitive landscape, extensive segmentation, key trends, strategic recommendations and detailed company profiles.
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