Press release
Vagus Nerve Stimulators Market Share, Trends, Size, Research and Forecast 2023-2029
Global vagus nerve stimulator market is expected to grow at a CAGR of 3.5% during the forecast period. Vagus nerve stimulators are those devices that are utilized to stimulate the vagus nerve with electrical impulses. It is used to treat epilepsy and depression. In vagus nerve stimulation, the stimulator is surgically implanted under the skin on the chest, and the device is connected to the left vagus nerve through a wire under the skin. When activated, the device sends the electrical signal to the certain areas of the brain along with the left vagus nerve to the brainstem.A full report of Vagus Nerve Stimulators Market is available at: https://www.omrglobal.com/industry-reports/vagus-nerve-stimulators-market
With the technological advancement, non-invasive vagus nerve stimulation devices are introduced by the companies which then receive approval by the FDA and CE marks for commercialization and marketing. The market is expected to grow in the near future during the forecast period. Whereas, North America and Europe are expected to be the major regions generating revenue for the market.
The incidence and prevalence rate of epilepsy is rising significantly across the globe. As per the Epilepsy Foundation, one in 26 people develops epilepsy at some point in their lifetime. As per the Institute for Health Metrics and Evaluation the prevalence of epilepsy has reached to more than 27.3 million in 2017 from about 25.3 million in 2013.
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Vagus Nerve Stimulators Market- Segmentation
By Product
Implantable
External
By Application
Epilepsy
Depression
Others (Migraine)
By End-User
Hospitals and Clinics
Research Institutes
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Vagus Nerve Stimulators Market- Segment by Region
North America
United States
Canada
Europe
Germany
United Kingdom
France
Spain
Italy
Rest of Europe
Asia-Pacific
China
Japan
India
Rest of Asia-Pacific
Rest of the World
Middle East & Africa
Latin America
Company Profiles
Aleva Neurotherapeutics SA
BioControl Medical
Bioness Inc.
Boston Scientific Corp.
ElectroCore LLC
EnteroMedics Inc.
LivaNova Plc.
Medtronic Plc
NeuroPace Inc.
Nevro Corp.
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Contact Person: Mr. Anurag Tiwari
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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.
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