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Neurostimulation Market Global Industry 2024 Major Players Medtronic, Abbott, Boston Scientific Corporation, LivaNova PLC, Cochlear Ltd., MED-EL, Nevro Corp., Neuronetics, Cogentix Medical, Johnson & Johnson Services Inc., NeuroPace, Inc.

05-06-2019 08:37 PM CET | Health & Medicine

Press release from: Data Bridge Market Research

/ PR Agency: Data Bridge Market Research
Global Neurostimulation Market

Global Neurostimulation Market

This Neurostimulation Industry technology most commonly has been used to treat painful conditions of the median, radial, ulnar, sciatic, posterior tibial, and common peroneal nerves. It also has been used to treat neuralgias of the intercostal, ilioinguinal, occipital, superior cluneal, supraorbital, and supratrochlear.

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This Global Neurostimulation Market research analysis puts forth a vast market place clearly into focus. What is more, this Neurostimulation Market research report also offers a careful investigation of the current state of the market which covers several market dynamics. Moreover, this Neurostimulation Market report also endows with strategic profiling of key players in the Medical Devices industry, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market. And not to mention, before presenting this Neurostimulation Market report to the end users, all the information is assessed and validated by the market experts.

The report includes market shares of neurostimulation market for global, Europe, North America, Asia Pacific and South America.

Market Definition: Global Neurostimulation Market

Neurostimulation is the process which provides mild electrical pulses to your spine, causing a tingling sensation in the area of your chronic pain. It is used for the treatment of various unbearable conditions such as gastroparesis, incontinence, Parkinson’s disease, epilepsy, depression and essential tremors. Neurostimulation is a highly probable treatment option for patients who do not attain relief from medications and surgical therapies. Increased in the chronic diseases such as migraine and epilepsy boosts the market growth.

Global Analysis of Neurostimulation Market:

The Global Neurostimulation Market accounted to USD 6,475.03 million in 2016 growing at a CAGR of 13.2% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast by 2024.

Top Key Players:

• Medtronic
• Abbott
• Boston Scientific Corporation
• LivaNova PLC
• Cochlear Ltd.
• MED-EL
• Nevro Corp.
• Neuronetics
• Cogentix Medical
• Johnson & Johnson Services Inc.
• NeuroPace, Inc.
• NeuroSigma, Inc.
• NDI
• IntraPace, Inc.
• BioControl Medical
• Synapse Biomedical Inc.
• Biegler GmbH
• Stimwave LLC
• Modulus, Inc.
• Integer Holdings Corporation

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Report Segmentation:

The global neurostimulation market is segmented by device type into:

• Implantable Device
• External Device

Implantable device are sub segmented into:

• Spinal Cord Stimulators
• Deep Brain Stimulators
• Sacral Nerve Stimulators
• Vagus Nerve Stimulators
• Gastric Electric Stimulators

External device are sub segmented into:

• Transcutaneous Electrical Nerve Stimulation
• Transcranial Magnetic Stimulation

By Application the market is segmented into:

• Pain Managemen
• Epilepsy
• Essential Tremor
• Urinary & Fecal Incontinence
• Depression
• Dystonia
• Gastroparesis
• Parkinson’s Disease

On the basis of geography:

• North America
• South America
• Europe
• Asia-Pacific
• Middle East & Africa

Major market drivers and restraints: Global Neurostimulation Market

• Increasing global prevalence of chronic diseases
• Introduction of technological advancements
• Growing geriatric population
• Growing demand for minimally invasive surgeries
• Growing demand for neurostimulation devices

Competitive Analysis: Global Neurostimulation Market

The neurostimulation 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 neurostimulation market for global, Europe, North America, Asia Pacific and South America.

Report Insights

• Strategic recommendations in key business sections in light of the market estimations.
• Market share and size of all the foremost industry players
• Strategic proposals for the new participants
• Market estimates of all the key segments, sub-segments, and the regional markets throughout the forecast period
• The report offers market share appraisals for regional and global levels

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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.

Contact:

Data Bridge Market Research
Tel: +1-888-387-2818
Email: sopan.gedam@databridgemarketresearch.com

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