Neuroprosthetics Market: Global Market Size, Industry Trends, Leading Players, Market Share and Forecast 2019-2025

Neuroprosthetics Market by Type (Motor Prosthetics, Sensory Prosthetics, Cognitive Prosthetics, Visual Prosthetics), by Treatment Technique (Deep Brain Stimulation, Vagus Nerve Stimulation, Sacral Nerve Stimulator, Spinal Cord Stimulator), by Application (Motor Disorder, Physiological Disorder, Cognitive Disorder) – Global Trends, Market Size, Share, Growth, Research and Forecast 2019-2025

Orion Market Research (OMR), recently published a market research report on the Neuroprosthetics Market. According to OMR analysis, the Neuroprosthetics Market is expected to grow at a significant rate during (2019-2025). The Neuroprosthetics Market has been showing significant growth due to increasing prevalence of neural diseases and rising inclination towards spinal cord injury treatment. The 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 Neuroprosthetics Market is available at: https://www.omrglobal.com/industry-reports/neuroprosthetics-market/

“The 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.

Market Segmentation
• Neuroprosthetics Market, By Type
• Neuroprosthetics Market, By Treatment Technique
• Neuroprosthetics Market, By Application

Region Covered
• North America (US and Canada)
• Europe (Uk, Germany, France, Spain, and Italy)
• Asia-Pacific (China, India, South Korea, and Japan)
• Rest of the World (Middle East & Africa and Latin America)

Company Profile
• Abbott
• Boston Scientific Corporation
• BrainGate
• Cochlear Limited
• CorTec GmbH
• Cyberonics, Inc.

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/

Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +1 646-755-7667, +91 7803040404

About Orion Market Research

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.

This release was published on openPR.