Press release
Implantable Neurostimulators Market Will Generate New Growth Opportunities by 2023 | Market Analysis by Medtronic, Boston Scientific, St Jude Medical, Cyberonics, NeuroPace, NeuroSigma, EnteroMedics, Inspire Medical
Implantable Neurostimulators Market
Global Implantable Neurostimulators Market Overview:
This report studies the Global Implantable Neurostimulators Market over the forecast period of 2019 to 2023. The Global Implantable Neurostimulators Market is expected to grow at an impressive Compound Annual Growth Rate (CAGR) from 2019 to 2023.
The most important factors driving the growth of the Global Implantable Neurostimulators Market are increasing adoption of neurostimulation devices by physicians and the increasing prevalence of chronic neuro-muscular disorders. However, the discomfort caused by the invasive surgical procedure for implanting the device which is also expensive is a major restraint for the market. The trend of outsourcing medical devices is being adopted by manufacturers, propelling the market globally.
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The Global Implantable Neurostimulators Market is segmented on the basis of Technology, Application, End-User and Regio. Based on the Technology, the market is classified into spinal cord stimulation (SCS), deep brain stimulation (DBS), sacral nerve stimulation (SNS), gastric electric stimulation (GES), vagus nerve stimulation (VNS), and others. Spinal cord stimulation (SCS) held a major market share in 2016 owing to the rising prevalence of Parkinson’s disease and epilepsy. However, sacral nerve stimulations (SNS) is expected to witness a high CAGR over the forecast period owing to the increasing number of patients with urinary incontinence and the rising awareness among the population about nervous system disorders.
On the basis of Application, the market is divided into the Pain management, Epilepsy, Parkinson’s, Urinary & Fecal Incontinence and others. Parkinson’s generated extensive revenue in 2016 which is attributed to its rising prevalence and increasing adoption of technologically advanced pain management therapies. Based on the End-User, the market is split hospitals, clinics, ambulatory surgical centers, and others. Hospitals dominated the market in 2016 due to the availability of trained and well-qualified personnel in them and positive reimbursement policies.
As per the regional analysis, North America accounted for a major market share in 2016 which is attributed to the rising adoption of technologically advanced pain management therapies and the post-surgical success of neuromodulation. However, APAC is anticipated to display a high CAGR during the forecast period on account of extensive government funding to improve the health care infrastructure in the developing economies of APAC and the rising awareness in the population about implantable neurostimulation procedures. The high per capita expenditure of the population on health care and recent FDA approvals for the newly developed implantable neurostimulation are estimated to propel the market in North America during the forecast period.
Purchase this report online with 125 Pages, List of Tables & Figures and in-depth Table of Contents on “Global Implantable Neurostimulators Market Report 2019” @ https://www.businessindustryreports.com/buy-now/102229/single .
Major Key Players:
1 Medtronic
2 Boston Scientific
3 St. Jude Medical
4 Cyberonics
5 NeuroPace
6 Synapse Biomedical
7 NeuroSigma
8 EnteroMedics
9 ElectroCore Medical
10 Inspire Medical and More................
Market segment by Regions/Countries, this report covers
1 North America Country (United States, Canada)
2 South America
3 Asia Country (China, Japan, India, Korea)
4 Europe Country (Germany, UK, France, Italy)
5 Other Country (Middle East, Africa, GCC)
Grab Your Report at an Impressive Discount @ https://www.businessindustryreports.com/check-discount/102229 .
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 Implantable Neurostimulators Market.
Major Points in Table of Contents:
Global Implantable Neurostimulators Market Report 2019
1 Implantable Neurostimulators Product Definition
2 Global Implantable Neurostimulators Market Manufacturer Share and Market Overview
3 Manufacturer Implantable Neurostimulators Business Introduction
4 Global Implantable Neurostimulators Market Segmentation (Region Level)
5 Global Implantable Neurostimulators Market Segmentation (Product Type Level)
6 Global Implantable Neurostimulators Market Segmentation (Industry Level)
7 Global Implantable Neurostimulators Market Segmentation (Channel Level)
8 Implantable Neurostimulators Market Forecast 2019-2023
9 Implantable Neurostimulators Segmentation Product Type
10 Implantable Neurostimulators Segmentation Industry
11 Implantable Neurostimulators Cost of Production Analysis
12 Conclusion
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