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Covid-19 impact on - Neuromodulation Devices Market 2020 Industry Research, Share, Trend, Industry Size, Price, Future Analysis, Regional Outlook to 2026 Research Report | DBMR Updates
Neuromodulation Devices Market
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Global neuromodulation devices market is set witness a substantial CAGR in the forecast period of 2019-2026. The report contains data of the base year 2018 and historic year 2017. Rising cases of neurological disorders and miniaturization of devices are the factor for the market growth.
Few of the major competitors currently working in the global neuromodulation devices market are Medtronic; Boston Scientific Corporation; Nevro Corp.; NeuroSigma, Inc; NeuroPace, Inc.; Abbott.; Soterix Medical Inc; Synapse Biomedical Inc.; ReShape Lifesciences, Inc.; Bioness Inc.; Aleva Neurotherapeutics SA; LivaNova PLC; Neuronetics; Cyberonics, Inc; Neuromod; Axonics Modulation Tech; The Magstim Company Limited; Sooma Oy; CVRx; Helius Medical Technologies; WISE Srl; among others.
Table of Contents is Available Here@ https://www.databridgemarketresearch.com/toc?dbmr=global-neuromodulation-devices-market
Market Analysis:
Besides target market information, DBMR also provides information about your competitor, your customers, products etc. A few techniques we use are:
Customer analysis
Competitor analysis
Risk analysis
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Market Definition: Global Neuromodulation Devices Market
Neuromodulation is a prolific technology that uses electricity or chemical agents in the body to stimulate specific neurological sites or alter nerve activity. They are widely used for the treatment of condition such as epilepsy, Parkinson disease, dystonia and other. Mostly neuromodulation devices use electrical stimulation. These devices are widely used in application such as spinal cord stimulation, vagus nerve stimulation, gastric electrical stimulation, transcutaneous electric nerve stimulation among others.
Segmentation: Global Neuromodulation Devices Market
Neuromodulation Devices Market : By Product Type
Internal Neuromodulation
External Neuromodulation
Neuromodulation Devices Market : By End- User
Hospitals
Clinics
Home Healthcare
Others
Neuromodulation Devices Market : By Application
Spinal Cord Stimulation
Deep Brain Stimulation
Sacral Nerve Stimulation
Vagus Nerve Stimulation
Gastric Electrical Stimulation
Transcutaneous Electrical Nerve Stimulation
Repetitive Transcranial Magnetic Stimulation
Respiratory Electrical Stimulation
Neuromodulation Devices Market : By Biomaterial
Metallic Biomaterials
Polymeric Biomaterials
Ceramic Biomaterials
Neuromodulation Devices Market : By Geography
North America
Europe
Asia-Pacific
South America
Middle East and Africa
Key Developments in the Neuromodulation Devices Market:
In October 2018, Heraeus Medical Components announced the acquisition of Evergreen Medical Technologies. This acquisition will help the company so they can provide different neuromodulation solutions to its medical device customers. With this acquisition, they can enhance their supply chain and provide cost effective solution to market
In July 2016, Boston Scientific announced the acquisition Cosman Medical so they can enhance their neuromodulation portfolio. This will help the company to provide better treatment for the chronic diseases and also provide access to the Cosman's radiofrequency ablation systems which is specially designed for neurosurgery and pain management. This will expand the Boston portfolio and will strengthen their market position
Neuromodulation Devices Market Drivers
Technological advancement in neuromodulation devices will drive the market growth
Increasing number of clinical trial worldwide also acts as a market driver
Rising aging population is another factor boosting the market growth
Increasing approval rate of neurostimulators will also contribute as a factor for this market growth
Neuromodulation Devices Market Restraints
Lack of skilled and trained professional will restrict the growth of this market in the forecast period
High investment cost will also hamper the market growth
Unfavorable repayment policies will also impede the growth of this market
Competitive Analysis:
Global neuromodulation devices market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of neuromodulation devices market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Reasons to Purchase this Report
Current and future of global neuromodulation devices market outlook in the developed and emerging markets
The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
Regions/Countries that are expected to witness the fastest growth rates during the forecast period
The latest developments, market shares, and strategies that are employed by the major market players
Customization of the Report:
All segmentation provided above in this report is represented at country level
All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)
The Neuromodulation Devices Market report describes a comprehensive insight into the application scope of the market. In addition, the report comprises details relevant to the market share obtained by various segments. Information about the revenue gathered from the segments along with the projected sales for the project duration is stated in the document. Essential insights about the vital parameters such as the competition trends and market focusing rate is included in the report. The Neuromodulation Devices Market analysis report describes details about the marketing channels accepted by the manufacturers for their products in tandem with the information regarding the traders, distributors, and dealers competing in the market.
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