Press release
Global Peripheral Nerve Stimulators Market 2023: Transcutaneous Peripheral Nerve Stimulators to Hold Highest Revenue Share Through 2033
The peripheral nerve stimulator market refers to the industry that produces and sells devices used to stimulate peripheral nerves in order to alleviate pain, reduce muscle spasms, and improve mobility. These devices use electrical impulses to stimulate the nerves and are used in various medical specialties, including pain management, neurology, and physical therapy. Factors that are expected to drive the growth of this market include the increasing prevalence of chronic pain, the growing number of geriatric patients, and the development of new and advanced peripheral nerve stimulation devices. However, the high cost of these devices and the lack of reimbursement for some procedures may limit market growth.Request For Free Sample Report of "Peripheral Nerve Stimulators Market"@ https://www.persistencemarketresearch.com/samples/18982
Close to 600 neurological disorders affect approximately 500 million American every year, as per the National Institute of Neurological Disorders and Stroke.
Growing incidences of nerve injuries and increase in obese population causing neurodegenerative disorders are two critical factors driving the demand for peripheral nerve stimulators.
Demand for peripheral nerve stimulators is expected to grow further given the high applicability through anesthesia procedures and in severe neuropathic pain.
Peripheral nerve stimulators being a targeted pain relief treatment allowing patients to take fewer pain medications indicates promising opportunities in the near future, specifically associated with pain management technologies.
Germany, U.S., Switzerland, Sweden, and Canada remain the top importers of peripheral nerve stimulator materials.
With the Food and Drug Administration (FDA) recently clearing two neurostimulation devices- SPRINT endura and extensa, for treating acute and chronic pain, the future landscape for peripheral nerve stimulators (PNS) looks promising. As per a recently released in-depth study by Persistence Market Research (PMR), the global peripheral nerve stimulator market is projected to represent a robust year on year revenue growth of approximately 6.9 percent in 2019. The global peripheral nerve stimulator market is expected to reach a valuation of US$ 375.9 Million, during the same period.
Buy Full Report Now and Get Up to 20% Discount @ https://www.persistencemarketresearch.com/checkout/18982
In addition, current advancements in the peripheral nerve stimulators would gradually increase the demand for treating a host of chronic pain conditions arising from cranial neuralgias and peripheral nerve dysfunctions. Apart from their implantation being minimally invasive, the new variants of peripheral nerve stimulators also allow externally-placed pulse generators to wirelessly transmit impulses to the implanted electrode. Moreover, miniaturization of neuromodulation devices and ultrasound-guided, minimally invasive implantation technique are some notable advancements, likely to shift the spotlight on non-drug pain management solutions, such as peripheral nerve stimulators.
Insights from Segmentation Analysis of Peripheral Nerve Stimulator Market
Regionally, Europe with anticipated market share of approximately 35 percent by 2028-end, followed by North America accounting for 33.6 percent, for the same period will remain the most lucrative market for peripheral nerve stimulators.
By the type of peripheral nerve stimulator, transcutaneous stimulators will continue to generate maximum revenue.
In terms of end-users, hospitals will remain the largest segment, in terms of revenue and the trend is likely to continue through the forecast period. Outpatient centers, on the other hand, are expected to showcase limited revenue-generation possibilities.
"Given the applicability of peripheral nerve stimulators as a targeted alternative for pain management systems as opposed to high dosages of medication affecting the entire body, key companies manufacturing peripheral nerve stimulators are making substantial investments in clinical studies to improve the quality of treatment and technology for nerve disorder-related devices. Advantages of peripheral nerve stimulator such as minimal or no side effects of administering neuromuscular blocking agents (NMBAs) along with integration of next-generation technology, is likely to shape the future of peripheral nerve stimulator", Senior Analyst, Persistence Market Research
PMR in its report on the global peripheral nerve stimulator landscape offers insights into the key developments and forward market strategies of top manufacturers of peripheral nerve stimulator. Companies are making novel innovations to specifically target peripheral nerve pain for patients who are not responsive to pharmacologic therapies. Key differentiation strategies adopted by key manufacturers include:
Tier-1 companies such as Boston Scientific Corporation, Vygon S.A, and ElectroCore, Inc. are likely to focus on expansion and acquisition strategies to further strengthen their market position. Boston Scientific Corporation, for instance, recently acquired BTG PLC to further expand its peripheral interventions portfolio with minimally invasive treatments for cancers and vascular conditions
Tier-2 companies including Medline Industries, Inc, NeuroSigma, Inc., Stimwave LLC will continue to focus on emerging markets for new product launches along with increasing their production capacity. Stimwave LLC, for instance, recently launched first wireless, micro-technology, and drug free neuromodulation device for relief from chronic pain.
Other smaller players are also projected to make acquisitions to expand their product and services platform, with a key focus on emerging markets in APEJ.
PMR also foresees substantial investments in R&D by companies and long-term contractual collaborations with research institutions.
Request Customization @ https://www.persistencemarketresearch.com/request-customization/18982
Key Questions Answered in This Report.
What are the Roadblocks for Peripheral Nerve Stimulators Market Suppliers?
What are the Key Opportunities for Peripheral Nerve Stimulators Market Manufacturers?
How is Focus on Safety Influencing Peripheral Nerve Stimulators Market Demand?
What is the Regulatory Impact on Global Sales of Peripheral Nerve Stimulators Market?
Which Region Offers the Largest Opportunity for Sales of Peripheral Nerve Stimulators Market?
Where Does the U.S. Stand in the Market for Peripheral Nerve Stimulators Market?
What Is the Outlook for Peripheral Nerve Stimulators Market Manufacturers in China?
Why is Germany a Lucrative Market for Peripheral Nerve Stimulators Market Manufacturers?
Why Will Belgium Outpace Other European Markets for Peripheral Nerve Stimulators Market?
Why is There High Demand for Tires in Peripheral Nerve Stimulators Market?
Why are Sales of Peripheral Nerve Stimulators Market Surging?
Related Market Research Reports:
Asian Breast Implants Market : https://www.persistencemarketresearch.com/market-research/asian-breast-implants-market.asp
Transforming Growth Factor Market: https://www.persistencemarketresearch.com/market-research/transforming-growth-factor-market.asp
Rare Disease Treatment Market: https://www.persistencemarketresearch.com/market-research/rare-disease-treatment-market.asp
Biosimulation Market: https://www.persistencemarketresearch.com/market-research/biosimulation-market.asp
Media Contact:
Persistence Market Research
305 Broadway,7th Floor New York City, NY 10007 United States
Call +1-646-568-7751
Call +1 800-961-0353
sales@persistencemarketresearch.com
About Us
Persistence Market Research is a U.S.-based full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. Persistence Market Research boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients' business needs.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global Peripheral Nerve Stimulators Market 2023: Transcutaneous Peripheral Nerve Stimulators to Hold Highest Revenue Share Through 2033 here
News-ID: 2886188 • Views: …
More Releases from Persistence Market Research

Plastic Liner Market to Reach US$ 6.67 Bn by 2030, Expanding at 4.7% CAGR - Pers …
➤ Overview of the Market
The global plastic liner market has gained steady traction across multiple industries due to its cost-effectiveness, versatility, and protective characteristics. Plastic liners are widely used in agriculture, mining, construction, waste management, and packaging industries, where they serve as an essential barrier to prevent leakage, contamination, and material loss. These liners are manufactured using materials such as polyethylene (PE), polypropylene (PP), and PVC, offering superior resistance to…

Returnable Plastic Crate Market to Reach US$ 2,665.1 Million by 2030 Fueled by S …
➤ Overview of the Market
The global returnable plastic crate market is gaining momentum as industries seek cost-effective and sustainable packaging solutions. These crates are widely used for transporting and storing perishable goods, beverages, pharmaceuticals, and industrial products due to their durability, stackability, and reusability. The shift from single-use packaging to eco-friendly alternatives has accelerated the adoption of returnable plastic crates across sectors. The market, valued at US$ 1,820.0 million in…

US Thermal Power Market Expected to Reach US$ 251.9 Mn by 2031 with 2.4% CAGR Gr …
➤Overview of the Market
The US thermal power market plays a crucial role in the nation's energy mix, serving as a stable and reliable source of electricity despite the rise of renewables. Thermal power plants in the US rely primarily on coal, natural gas, and oil to generate electricity, with natural gas emerging as the dominant fuel source due to its affordability, efficiency, and lower carbon footprint compared to coal. According…

Europe Medical Plastic Market to Reach US$ 17 Bn by 2032 Driven by Rising Health …
➤Overview of the Market
The Europe medical plastic market is undergoing robust growth, fueled by increasing demand for lightweight, durable, and cost-effective materials in the healthcare sector. Medical plastics are widely used in devices, surgical instruments, diagnostic tools, implants, and packaging due to their high biocompatibility, versatility, and resistance to sterilization methods. With healthcare systems across Europe investing heavily in modernization and patient safety, the adoption of medical-grade plastics has gained…
More Releases for Peripheral
Peripheral Vascular Devices Market - Advancing vascular health: Cutting-edge dev …
Newark, New Castle, USA: The "Peripheral Vascular Devices Market" provides a value chain analysis of revenue for the anticipated period from 2022 to 2030. The report will include a full and comprehensive analysis of the business operations of all market leaders in this industry, as well as their in-depth market research, historical market development, and information about their market competitors
Peripheral Vascular Devices Market: https://www.growthplusreports.com/report/peripheral-vascular-devices-market/7820
This latest report researches the industry structure,…
Peripheral Stent Market - Pioneering Solutions for Peripheral Artery Disease: Re …
Newark, New Castle, USA - Growth Plus Reports has published a new report on Peripheral Stent Market, which includes a detailed analysis based on competitors and important market segments (2023-2031). The Global Peripheral Stent provides a thorough analysis of many segments such as opportunities, market size, developments, innovation, sales, and overall growth of leading players. The research is based on primary and secondary statistical data, and it includes both intuitive…
Peripheral Vascular Devices Market - Empowering Mobility, Preserving Health: Ele …
Newark, New Castle, USA - new report, titled Peripheral Vascular Devices Market The report has been put together using primary and secondary research methodologies, which offer an accurate and precise understanding of the Peripheral Vascular Devices market. Analysts have used a top-down and bottom-up approach to evaluate the segments and provide a fair assessment of their impact on the global Peripheral Vascular Devices market. The report offers an overview of…
Peripheral Vascular Devices Market Report 2018: Segmentation by Types (Periphera …
Global Peripheral Vascular Devices market research report provides company profile for Abbott Vascular, Bayer Healthcare, Volcano Corporation, Teleflex Medical and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018 to 2025, etc. The report also provides detailed segmentation…
Peripheral Vascular Device Market Size, Peripheral Vascular Device Market Share, …
Global Peripheral Vascular Device Market Size is observed to gain traction owing to the factors such as increasing research and development for developing several new product, and rising funding by the private organizations.
Request for Sample of This Research Report @ https://bit.ly/2xjOKpC
Top Key Player:-
Abbott Laboratories
Braun Melsungen AG
Boston Scientific Corporation
R. Brad, Inc.
Cardinal Health, Inc.
Medtronic plc.
Cook Medical, Inc.
Teruma Corporation
Jude Medical, Inc.
The Spectranetics Corporation
Volcano Corporation
Peripheral vascular disorder (PVD) is a blood circulation disorder…
Peripheral Artery Disease Market By Type (Peripheral Angioplasty Balloons, Perip …
Peripheral artery disease is characterized by plaque built up in the arteries carrying blood from heart to legs, arms, and other limbs. Peripheral artery disease in turn also increases the risk of other cardiovascular disorders such as heart attack, coronary heart disease, stroke, and ischemic attack.
Request Sample At: https://www.bigmarketresearch.com/request-sample/1633533
The global peripheral artery disease market generated $3,136 million in 2016, and is projected to reach $4,980 million by 2023, registering a…