Global Neural Implants Market Size, Share, Analysis, Industry Report and Forecast 2021-2027

The global neural implants market is estimated to record a substantial CAGR of 8.8% during the forecast period (2021-2027). Neural implants have been used to help neurologically disabled people to regain their abilities to live a healthy life. Over the past decades, many paralyzed patients were able to regain control over their body parts with the help of neural implants. According to the Global Burden of Diseases, Injuries, and Risk Factors Study (GBD) 2015, neurological disorders are the world's largest cause of disability. The WHO considers neurological disorders as one of the greatest threats to public health. For instance, approximately 60,000 Americans are diagnosed with PD every year. In addition, epilepsy is a chronic non-communicable disease of the brain, affecting around 50 million people globally. Thus, such a high disease burden across the globe is driving the uptake of neural implants.

To Request a Sample of our Report on Global Neural Implants Market: https://www.omrglobal.com/request-sample/neural-implants-market

The global neural implants market offers immense opportunities both for existing and upcoming players. Several vendors are investing a significant amount in R&D activities to develop and commercialize next-generation neural implants. In addition, many investigational medtech companies are also focusing on the development of the latest-generation neural implants with greater safety and efficacy. Thus, the rising focus of key and emerging players on the innovative pipeline of neural implants devices is anticipated to offer future market growth.

Market Coverage

· Market number available for – 2020-2027

· Base year- 2020

· Forecast period- 2021-2027

· Segment Covered- by Product, Application, and End-user

· Regions Covered- North America, Europe, Asia-Pacific, Rest of the World

· Competitive Landscape- Abbott, Boston Scientific Corporation, LivaNova PLC, Medtronic, and NEVRO CORP.

(Get 15% Discount on Buying this Report)

A full Report of Global Neural Implants Market is Available at: https://www.omrglobal.com/industry-reports/neural-implants-market

Key questions addressed by the report

· What is the market growth rate?

· Which segment and region dominates the market in base year?

· Which segment and region will project fastest growth in the market?

· How COVID-19 impacted the market?

Ø Recovery Timeline

Ø Deviation from pre-COVID forecast

Ø Most affected region and segment

· Who is the leader in the market?

· How players are addressing challenges to sustain growth?

· Where is the investment opportunity?

Global Neural Implants Market Report Segment

By Product

· Deep Brain Stimulation (DCS)

· Spinal Cord Stimulation (SCS)

· Vagus Nerve Stimulation (VNS)

By Application

· Chronic Pain

· Epilepsy

· Parkinson's Disease (PD)

· Others (Depression and Other Movement Disorders)

By End-user

· Hospitals

· Outpatient Surgery Centers

· Specialized Neurological Centers (SNCs)

Global Neural Implants Market Report Segment

North America

· United States

· Canada

Europe

· UK

· Germany

· Spain

· France

· Italy

· Rest of Europe

Asia-Pacific

· India

· China

· Japan

· South Korea

· Rest of APAC

Rest of The World

· Latin America

· Middle East & Africa

Company Profiles

· Abbott

· Aleva Neurotherapeutics SA

· Beijing PINS Medical Co., Ltd.

· Boston Scientific Corporation

· Functional Neuromodulation Ltd.

· LivaNova PLC

· Medtronic

· Nalu Medical, Inc.

· NEURALINK*

· NeuroPace, Inc.

· NeuroSigma, Inc.

· NEVRO CORP.

· Nuvectra Medical

· Renishaw plc

· Saluda Medical Pty Ltd.

· SceneRay Co., Ltd.

· SetPoint Medical Corp.*

· Stimwave LLC

· Synchron, Inc.*

Reasons to Buy from us –

1. We cover more than 15 major industries, further segmented into more than 90 sectors.

2. More than 120 countries are for analysis.

3. Over 100+ paid data sources mined for investigation.

4. Our expert research analysts answer all your questions before and after purchasing your report.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/neural-implants-market

Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 7803040404

About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

This release was published on openPR.