Press release
Global Neuromodulation Market is Anticipated to Reach USD 7.27 Billion and Growing at a CAGR of 9.59% During Forecast Period 2023 - 2030 | IGR
Infinium Global Research, a pioneering market intelligence firm, introduces a comprehensive report delving into the Global Neuromodulation Market, providing extensive analysis and in-depth exploration of its segments, market trends, and projections.To Know More Request a Sample of this Report: https://www.infiniumglobalresearch.com/market-reports/sample-request/93
Market Insight:
The global neuromodulation market, valued at USD 3.51 Billion in 2022, is poised to ascend to USD 7.27 Billion by 2030, exhibiting a noteworthy CAGR of 9.59% during the forecast period from 2023 to 2030.
Neuromodulation Market Dynamics:
The neuromodulation market stands as a dynamic and rapidly evolving sector within healthcare, dedicated to designing and deploying advanced medical devices that regulate and enhance the nervous system's performance. These innovative devices aim to alleviate symptoms and improve the quality of life for individuals coping with various neurological disorders, chronic pain, and related conditions. Cutting-edge technologies such as spinal cord stimulators and deep brain stimulators employ electrical or chemical stimulation to influence nerve activity, fostering a surge in demand globally.
Drivers and Growth Factors:
Technological advancements, including miniaturization, improved battery life, and advanced software, are pivotal drivers propelling the market forward. These innovations drive the development of more effective and minimally invasive neuromodulation devices, attracting both patients and healthcare providers. The market's growth is further fueled by the expanding applications of neuromodulation across medical conditions like chronic pain, neurological and movement disorders, psychiatric illnesses, and emerging applications.
Regional Market Insights:
North America is anticipated to lead the market share, supported by an aging population's increased demand for neurostimulation technologies and a robust healthcare infrastructure. Meanwhile, the Asia-Pacific region emerges as the fastest-growing market due to rising demand for standardized medical facilities, increased healthcare spending, and proactive government initiatives aimed at enhancing healthcare services.
Segmentation Insights:
The report analyzes segments like technology (deep brain stimulation, spinal cord stimulation, gastric stimulation, among others) and applications encompassing chronic pain, Parkinson's disease, essential tremor, urinary fecal incontinence, and others.
Key Players Profiled:
The report features profiles of industry leaders including Medtronic Plc, Boston Scientific Corporation, Abbott, and Nevro Corporation, offering insights into their strategies and positioning in the market.
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Table of Content
Chapter 1. Preface
1.1. Report Description
1.2. Research Methods
1.3. Research Approaches
Chapter 2. Executive Summary
2.1. Neuromodulation Market Highlights
2.2. Neuromodulation Market Projection
2.3. Neuromodulation Market Regional Highlights
Chapter 3. Global Neuromodulation Market Overview
3.1. Introduction
3.2. Market Dynamics
3.2.1. Drivers
3.2.2. Restraints
3.2.3. Opportunities
3.3. Porter`s Five Forces Analysis
3.4. IGR-Growth Matrix Analysis
3.4.1. IGR-Growth Matrix Analysis by Technology
3.4.2. IGR-Growth Matrix Analysis by Application
3.4.3. IGR-Growth Matrix Analysis by Region
3.5. Value Chain Analysis of Neuromodulation Market
Chapter 4. Neuromodulation Market Macro Indicator Analysis
Chapter 5. Company Profiles and Competitive Landscape
5.1. Competitive Landscape in the Global Neuromodulation Market
5.2. Companies Profiles
5.2.1. Medtronic Plc
5.2.2. Boston Scientific Corporation
5.2.3. Abbott.
5.2.4. Cyberonics, Inc.
5.2.5. Cochlear Ltd.
5.2.6. Advanced Bionics AG and affiliates
5.2.7. Sonova Holding AG
5.2.8. Nevro Corporation
5.2.9. Neuronetics
5.2.10. Integer Holdings Corporation
Chapter 6. Global Neuromodulation Market by Technology
6.1. Deep Brain Stimulation
6.2. Spinal Cord Stimulation
6.3. Gastric Stimulation
6.4. Sacral Nerve Stimulation
6.5. Vagus Nerve Stimulation
6.6. Others
Chapter 7. Global Neuromodulation Market by Application
7.1. Chronic Pain
7.2. Parkinson's Disease
7.3. Dystonia
7.4. Essential Tremor
7.5. Refractory Epilepsy
7.6. Treatment Resistant Depression (TRD)
7.7. Urinary Fecal Incontinence
7.8. Other Applications
Chapter 8. Global Neuromodulation Market by Region 2023-2030
8.1. North America
8.1.1. North America Neuromodulation Market by Technology
8.1.2. North America Neuromodulation Market by Application
8.1.3. North America Neuromodulation Market by Country
8.1.3.1. The U.S. Neuromodulation Market
8.1.3.1.1. The U.S. Neuromodulation Market by Technology
8.1.3.1.2. The U.S. Neuromodulation Market by Application
8.1.3.2. Canada Neuromodulation Market
8.1.3.2.1. Canada Neuromodulation Market by Technology
8.1.3.2.2. Canada Neuromodulation Market by Application
8.1.3.3. Mexico Neuromodulation Market
8.1.3.3.1. Mexico Neuromodulation Market by Technology
8.1.3.3.2. Mexico Neuromodulation Market by Application
8.2. Europe
8.2.1. Europe Neuromodulation Market by Technology
8.2.2. Europe Neuromodulation Market by Application
8.2.3. Europe Neuromodulation Market by Country
8.2.3.1. Germany Neuromodulation Market
8.2.3.1.1. Germany Neuromodulation Market by Technology
8.2.3.1.2. Germany Neuromodulation Market by Application
8.2.3.2. United Kingdom Neuromodulation Market
8.2.3.2.1. United Kingdom Neuromodulation Market by Technology
8.2.3.2.2. United Kingdom Neuromodulation Market by Application
8.2.3.3. France Neuromodulation Market
8.2.3.3.1. France Neuromodulation Market by Technology
8.2.3.3.2. France Neuromodulation Market by Application
8.2.3.4. Italy Neuromodulation Market
8.2.3.4.1. Italy Neuromodulation Market by Technology
8.2.3.4.2. Italy Neuromodulation Market by Application
8.2.3.5. Rest of Europe Neuromodulation Market
8.2.3.5.1. Rest of Europe Neuromodulation Market by Technology
8.2.3.5.2. Rest of Europe Neuromodulation Market by Application
8.3. Asia Pacific
8.3.1. Asia Pacific Neuromodulation Market by Technology
8.3.2. Asia Pacific Neuromodulation Market by Application
8.3.3. Asia Pacific Neuromodulation Market by Country
8.3.3.1. China Neuromodulation Market
8.3.3.1.1. China Neuromodulation Market by Technology
8.3.3.1.2. China Neuromodulation Market by Application
8.3.3.2. Japan Neuromodulation Market
8.3.3.2.1. Japan Neuromodulation Market by Technology
8.3.3.2.2. Japan Neuromodulation Market by Application
8.3.3.3. India Neuromodulation Market
8.3.3.3.1. India Neuromodulation Market by Technology
8.3.3.3.2. India Neuromodulation Market by Application
8.3.3.4. South Korea Neuromodulation Market
8.3.3.4.1. South Korea Neuromodulation Market by Technology
8.3.3.4.2. South Korea Neuromodulation Market by Application
8.3.3.5. Australia Neuromodulation Market
8.3.3.5.1. Australia Neuromodulation Market by Technology
8.3.3.5.2. Australia Neuromodulation Market by Application
8.3.3.6. Rest of Asia-Pacific Neuromodulation Market
8.3.3.6.1. Rest of Asia-Pacific Neuromodulation Market by Technology
8.3.3.6.2. Rest of Asia-Pacific Neuromodulation Market by Application
8.4. RoW
8.4.1. RoW Neuromodulation Market by Technology
8.4.2. RoW Neuromodulation Market by Application
8.4.3. RoW Neuromodulation Market by Sub-region
8.4.3.1. Latin America Neuromodulation Market
8.4.3.1.1. Latin America Neuromodulation Market by Technology
8.4.3.1.2. Latin America Neuromodulation Market by Application
8.4.3.2. Middle East Neuromodulation Market
8.4.3.2.1. Middle East Neuromodulation Market by Technology
8.4.3.2.2. Middle East Neuromodulation Market by Application
8.4.3.3. Africa Neuromodulation Market
8.4.3.3.1. Africa Neuromodulation Market by Technology
8.4.3.3.2. Africa Neuromodulation Market by Application
More Insights on this report, Speak to Our Analyst: https://www.infiniumglobalresearch.com/market-reports/enquiry/93
Reasons to Buy this Report:
=> Comprehensive analysis of global as well as regional markets of neuromodulation.
=> Complete coverage of all the product types and application segments to analyze the trends, developments, and forecast of market size up to 2030.
=> Comprehensive analysis of the companies operating in this market. The company profile includes an analysis of the product portfolio, revenue, SWOT analysis, and the latest developments of the company.
=> Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus on to invest, consolidate, expand, and/or diversify.
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About Infinium Global Research:
Infinium Global Research is a business consulting and market research firm; a group of experts that caters to fulfilling business and market research needs of leading companies in various industry verticals and business segments. The company also serves government bodies, institutes, and non-profit/non-government organizations to meet their knowledge and information needs.
Through our information services and solutions, we assist our clients to improve their performance and assess the market conditions to achieve their organizational goals. Our team of experts and analysts are engaged in continuously monitoring and assessing the market conditions to provide knowledge support to our clients. To help our clients and to stay updated with the advances and inventions in technology, business processes, regulations, and the environment, Infinium often conducts regular meets with industry experts and opinion leaders. Our key opinion leaders are involved in monitoring and assessing the progress in the business environment, so as to offer the best opinion to our clients.
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