openPR Logo
Press release

North American Neural Implants Market Size, Share, Growth, Analysis and Forecast 2023-2030

11-28-2023 01:13 PM CET | Health & Medicine

Press release from: Orion Market Research

North American Neural Implants Market Size, Share, Growth,

North American neural implants is estimated to display a rapid CAGR of 8.5% during the forecast period. The neural implants market in North America is expected to witness lucrative growth during the forecast period due to the rising technological advancements that influence the higher uptake of easy-to-use medical devices, including neural implants. In addition, the increased healthcare spending by the population in countries, including the US and Canada, is further promoting the neural implants market growth in the region. For instance, the WHO reported, the health care expenditure per capita based on the purchasing power parity (PPP) in the US grew significantly from around $9,053.43 in 2014 to $9,869.74 in 2016, while it increased from around $4,529.36 in 2014 to $4,718.30 in 2016 in Canada. In addition, as per the CDC, the personal healthcare expenditure in the US was estimated to increase by an annual change of around 4.6% during 2006?2016, with total spending of around $1,804 billion in 2006 that reached $2,834 billion in 2016. Such high-spending for-health care can be attributed to the substantial demand for novel medical devices such as neural implants.

To learn more about this report request a sample copy @ https://www.omrglobal.com/request-sample/north-american-neural-implants-market

In addition, the growing focus of vendors in R&D to develop next-generation neural implants is expected to have a significant impact on market growth. The region also has the presence of many key vendors, such as Medtronic, Abbott, and Boston Scientific, offering a diverse range of neural implants. Continued product innovations and modifications to existing devices by leveraging the latest technological platforms are anticipated to bring more effective and safer neural implants. Both major and emerging player's continuous involvement in R&D activities will lead to the development of several innovative products over the next few years, thereby positively influencing the neural implants market in the region.

North American 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)

A full report of North American Neural Implants Market is available at: https://www.omrglobal.com/industry-reports/north-american-neural-implants-market

North American Neural Implants Market- Segment by Region

North America

United States
Canada

Company Profiles

Abbott
Boston Scientific Corporation
Functional Neuromodulation Ltd.
LivaNova PLC
Medtronic
Nalu Medical, Inc.
NEVRO CORP.
NEURALINK*
NeuroPace, Inc.
NeuroSigma, Inc.
Nuvectra Medical
Renishaw plc

Reasons to Buying From us -

We cover more than 15 major industries, further segmented into more than 90 sectors.
More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
Our expert research analysts answer all your questions before and after purchasing your report.

Media Contact:

Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
Company Name: Orion Market Research

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. The company also offers Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

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 North American Neural Implants Market Size, Share, Growth, Analysis and Forecast 2023-2030 here

News-ID: 3306933 • Views:

More Releases from Orion Market Research

Road Marking Paint Market : A Guide to Understanding the Process
Road Marking Paint Market : A Guide to Understanding the Process
The Road Marking Paint Market, valued at approximately USD 5.02 billion in 2023, is projected to reach around USD 7.69 billion by 2033, growing at a compound annual growth rate (CAGR) of 4.36% from 2024 to 2033. Road Marking Paint Market Overview The Road Marking Paint Market is steadily expanding, driven by burgeoning infrastructure investments and the need for improved road safety. Governments and municipalities are increasingly allocating funds toward both new
Outboard Boat Market Size Analysis, Competitive Insights, Leading Players and Growth Opportunities by 2033
Outboard Boat Market Size Analysis, Competitive Insights, Leading Players and Gr …
The Outboard Boats Market, valued at approximately USD 5.74 billion in 2023, is projected to grow to around USD 14 billion by 2033, reflecting a compound annual growth rate (CAGR) of about 9% over the 2024-2033 period. Outboard Boat Market Overview The Outboard Boat Market continues to expand robustly, fueled largely by rising demand for recreational boating, favorable economic conditions, and the appeal of leisure marine activities. Innovations in outboard motor technology-including
Mobile Ticketing Market Size Analysis, Competitive Insights, Leading Players and Growth Opportunities by 2033
Mobile Ticketing Market Size Analysis, Competitive Insights, Leading Players and …
The Mobile Ticketing Market, valued at about USD 2.9 billion in 2023, is anticipated to grow to approximately USD 11.39 billion by 2033, reflecting a robust CAGR of 16.7% from 2024 to 2033. Mobile Ticketing Market Overview The Mobile Ticketing Market is undergoing rapid expansion, driven primarily by the global surge in smartphone usage and consumer preference for contactless, digital experiences. This growth is further propelled by widespread adoption of digital payments,
Metal Alloy Market Size Analysis, Competitive Insights, Leading Players and Growth Opportunities by 2033
Metal Alloy Market Size Analysis, Competitive Insights, Leading Players and Grow …
The Metal Alloy Market, valued at approximately USD 301.7 billion in 2023, is projected to reach USD 533.9 billion by 2033, growing at a compound annual growth rate (CAGR) of 5.9% from 2024 to 2033. Metal Alloy Market Overview The Metal Alloy Market is experiencing steady, long-term expansion, driven by growing demand from key sectors such as automotive, aerospace, construction, and electronics. Applications in next-generation vehicles and aircraft are pushing interest in

All 5 Releases


More Releases for North

Man and Van North London: Your Go-To Moving Solution in North London
North London, London - June 23, 2025 - Looking for a stress-free and efficient moving experience in North London? Look no further than Man and Van North London, the trusted, reliable moving service that's changing the way people approach relocation. Based in the heart of North London at 2 Abbotsbury, the team at Man and Van North London provides affordable, hassle-free moving services designed to fit every need. Whether you're moving
North America Biosimulation Market
The global biosimulation market is experiencing rapid expansion, driven by advancements in technology and the increasing demand for computational tools that can accelerate drug discovery, clinical trials, and regulatory processes. As of 2023, the market was valued at USD 3.5 billion and is projected to reach USD 14.1 billion by 2032, growing at a Compound Annual Growth Rate (CAGR) of 16.90% from 2024 to 2032. Biosimulation, which involves the use of
Entirewire Electrician North Canton Offers Top-Tier Electrical Services for Nort …
Image: https://www.getnews.info/wp-content/uploads/2024/09/1726505467.png Entirewire Electrician North Canton provides high-quality electrical services to residential and commercial clients in North Canton, OH. Specializing in electrical panel replacement, repairs, and installations, their team of certified electricians ensures safe, reliable, and efficient solutions, making them a trusted choice for all electrical needs in the local community. North Canton, OH - Entirewire Electrician North Canton continues to provide exceptional electrical services for residents and businesses in the
Web Design North: Providing Exceptional Graphic Design Services in North Bay
Web Design North, a leading digital marketing and SEO agency, provides peerless graphic design services in North Bay. Specific and highly effective digital solutions can help solve the challenges businesses encounter in reaching their target audience. With the combination of these solutions and the expertise of digital professionals, business owners can rest assured that they will make more progress and thrive among their competitors. Web Design North is a dedicated marketing
Web Design North Offers Digital Marketing Services in North Bay, Canada
Web Design North is a reputable company that provides digital marketing solutions and website development services in Canada. Web Design North is excited to debut its updated website, showcasing a more modern and user-friendly design. The new site features easy navigation, allowing potential clients to easily browse and learn about the company's services and view their impressive portfolio of work. As a leading web design company, Web Design North understands the
Web Design North Now Offers North Bay Website Designing Services
Web Design North has successfully worked with businesses of all sizes across North America and internationally. Web Design North, a leading digital marketing agency in Canada, is proud to announce its expertise in web designing and SEO marketing for businesses in various industries across the country. With a team of experienced professionals, Web Design North has helped numerous clients establish a strong online presence and drive significant traffic to their websites.