Press release
Global Neuroprosthetics Market Research and Forecast 2018-2023
Global Neuroprosthetics Market
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/
For more update follow LinkedIn https://www.linkedin.com/company/omr-global-research/
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.
Contact us
Orion Market Research Pvt. Ltd.
Anurag Tiwari
Email: info@omrglobal.com, support@omrglobal.com
India: +91-780-304-0404, +91-917-982-8694
Global:+1-646-755-7667
Indore-India-452010
Web: www.omrglobal.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global Neuroprosthetics Market Research and Forecast 2018-2023 here
News-ID: 1506147 • Views: …
More Releases from Orion Market Research
Hair Accessories Market Poised for Strong Growth Driven by Gen Z Trends and Sust …
Hair accessories market was valued at $23.8 billion in 2024 and is projected to reach $55.2 billion in 2035, growing at a CAGR of 8.2% during the forecast period (2025-2035). Generation Z, with significant disposable income, is transforming the hair accessories category in a major way. Their close connection to trends creates a unique feeling of urgency to self-express through fashion, such as clips, scrunchies, and barrettes. It has become…
Railway Management System Market Size Analysis, Competitive Insights, Leading Pl …
Railway System (or Railway Management System) market was valued at approximately USD 28.28 billion, and it is expected to reach about USD 45.19 billion by 2033, growing at a CAGR of around 4.8% from 2024 to 2033.
Railway Management System Market Overview
The Railway Management System market includes technologies and systems used to plan, monitor, and manage railway operations-everything from traffic and signaling systems to asset and maintenance management, passenger information,…
Monocalcium Phosphate Market Size Analysis, Competitive Insights, Leading Player …
Monocalcium Phosphate market was valued at about USD 4.2 billion, and it is anticipated to reach around USD 6.9 billion by 2033, growing at a CAGR of approximately 5% from 2023 to 2033.
Monocalcium Phosphate Market Overview
Monocalcium phosphate (MCP) is a calcium-phosphorus compound widely used in animal feed, fertilizers, and also in food and beverage applications (for example as leavening agent or acidity regulator), due to its solubility and bioavailability. The…
Automotive Lubricants Market Size Analysis, Competitive Insights, Leading Player …
Automotive Lubricants Market was valued at approximately USD 70.44 billion. By 2033, it is expected to reach around USD 107.09 billion, growing at a CAGR of about 3.3% from 2025 to 2033.
Automotive Lubricants Market Overview
The automotive lubricants market consists of products like engine oils, gear oils, greases, hydraulic fluids, and transmission fluids that reduce friction, wear and tear, and improve efficiency and lifespan of vehicle components. Demand is driven by…
More Releases for Neuroprosthetics
Neuroprosthetics Market Size Unlocking New Opportunities for Success
The Neuroprosthetics Market is estimated to be valued at USD 8.1 billion in 2024 and is projected to reach approximately USD 20.4 billion by 2033, growing at a CAGR of 10.9% during the forecast period from 2025 to 2033.
Neuroprosthetics Market Overview:
The Neuroprosthetics market is experiencing robust growth, driven by rising incidences of neurological disorders, spinal cord injuries, and limb amputations. Neuroprosthetic devices, such as cochlear implants, deep brain stimulators, and…
Neuroprosthetics Market Soars As Global Neurological Disorder And Nerve Injury C …
Stay ahead with our updated market reports featuring the latest on tariffs, trade flows, and supply chain transformations.
How Large Will the Neuroprosthetics Market Size By 2025?
In the last few years, the neuroprosthetics market has seen a swift expansion. The market, which stood at $10.27 billion in 2024, is forecasted to rise to $11.72 billion in 2025, registering a compound annual growth rate (CAGR) of 14.2%. The substantial growth observed in…
Primary Catalyst Driving Neuroprosthetics Market Evolution in 2025: Neuroprosthe …
How Are the key drivers contributing to the expansion of the neuroprosthetics market?
An increased number of patients dealing with nerve injuries and neurological disorders is anticipated to fuel the growth of the neuroprosthetics market. Neurological disorders are defined as conditions impacting the brain, human body nerves, and spinal cord. Nerve injuries, on the other hand, are harm inflicted on nerves due to pressure, incisions, or stretching during an accident or…
Global Neuroprosthetics Market Outlook 2022 TO 2027
Neuroprosthetics Market Statistics 2027
The global Neuroprosthetics market size is projected to reach USD 11450 million by 2027, from USD 5731 million in 2020, at a CAGR of 9.9% during 2021-2027. Factors driving this market include increasing number of neurological disorders, increasing incidence of hearing loss, increasing prevalence of diabetes, and increasing cases of amputation due to the rising number of accidents & injuries. The North American region is estimated…
Neuroprosthetics Market Trends, Growth, and Forecast 2021-2031
Global Neuroprosthetics Market: Overview
Neuroprosthetics, or more commonly as neural or brain implants, have added a noteworthy impetus to the healthcare industry over the past few years, thanks to the successful realization of its massive potential as a substitution method for injured or missing motor, sensory, or cognitive functions. Neuroprosthetic devices can develop or supplant the central nervous system's function, when embedded in the human body, in order to stimulate…
Neuroprosthetics Market Growth and Industrial Forecast Upto 2023
Global Neuroprosthetics Market: Overview
Neuroprosthetics, or more commonly as neural or brain implants, have added a noteworthy impetus to the healthcare industry over the past few years, thanks to the successful realization of its massive potential as a substitution method for injured or missing motor, sensory, or cognitive functions. Neuroprosthetic devices can develop or supplant the central nervous system’s function, when embedded in the human body, in order to stimulate…
