Press release
Internal Neuromodulation Device Market Report 2019: Competitive Analysis By Medtronic, Boston Scientific Corporation, St. Jude Medical, Nevro Corporation, Cyberonics and others
Global Internal Neuromodulation Device market report encompasses thorough analysis of market with respect to several factors about healthcare industry that range from market drivers, market restraints, market segmentation, opportunities, challenges, and market revenues to competitive analysis. The report presents you with the CAGR value fluctuations for the specific forecasted period which helps decide costing and investment strategies. For market segmentation study, a market of potential customers is divided into groups or segments based on different characteristics such as end user and geographical region. This internal neuromodulation device market report brings to you precise and exact market research information that drives your business into the right direction.Market Analysis:
The Global Internal Neuromodulation Device Market is expected to reach USD 12.18 billion by 2024, from 4.12 billion in 2016 growing at the CAGR of 14.5% in the forecast period 2017 to 2024.
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FACTORS DRIVING GROWTH OF THE GLOBAL INTERNAL NEUROMODULATION DEVICES MARKET
Increasing prevalence of neurological diseases:
According to the Alzheimer's Association in 2017, 5.5 million Americans had Alzheimer and about 5.3 million of this patient population’s age was 65 years or more. According to Alzheimer disease international, in 2015 there were an estimated 46.8 million people living with Alzheimer worldwide this number is expected to be double every 20 years reaching 75 million in 2030 and 131.5 million by 2050.
According to national center for biotechnology information, about 60,000 Americans are diagnosed with Parkinson’s every year. An estimated 7 million to 10 million people worldwide have Parkinson’s disease. The prevalence of this disease is 1,900 per 100,000 in those who are above 80 years of age and 41 per 100,000 in fourth decade of life.
Epilepsy is the chronic disorder of the brain which affects almost all ages. According to world health organization, 50 million people worldwide have epilepsy and this number is estimated to increase in coming years which makes it one of the most common neurological disorders.
Therefore, with the increase in disease condition such as Alzheimer’s, Parkinson’s, epilepsy, eschemia, the global internal neuromodulation devices market is expected to achieve a growth in future.
• Medtronic
• Boston Scientific Corporation
• Abbott
• Nevro Corp
• Cyberonics, Inc.
• Neuros Medical
• Inspire Medical Systems, Inc
• SPR Therapeutics
• Synapse Biomedical Inc
• NeuroSigma Inc
• NeuroPace Inc.
• Neuronetics
• BioControl Medical
• Soterix Medical Inc
• DynaMD
• Integer Holdings Corporation
• LivaNova PLC
• Bioness Inc
• ReShape Lifesciences.Inc
Get Detailed TOC @ https://databridgemarketresearch.com/toc/?dbmr=global-internal-neuromodulation-devices-market
Segmentation:
T
he global market for internal neuromodulation devices by the following sub-categories is presented
By Product Type
Spinal Cord Stimulator, Deep Brain Stimulator, Vagus Nerve Stimulator, Sacral Nerve Stimulator, Gastric Nerve Stimulator
By Indication of Usage
Failed Back Surgery Syndrome, Conditional Regional Pain Syndrome, Eschemia, Parkinson’s Disease, Alzheimers, Urinary Incontinence, Faecal Incontinenece, Epilepsy, Gastroparesis, Others
By Lead Type
Percutaneous, Paddle Lead
By Battery Type
Primary, Rechargeable
By Geography
North America, South America, Europe, Asia-Pacific, Middle East and Africa
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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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