Press release
Vagus Nerve Stimulator Market to Expand at a 10.1% CAGR from 2022-2031, Globally: TMR Report
The global ๐ฏ๐๐ ๐ฎ๐ฌ ๐ง๐๐ซ๐ฏ๐ ๐ฌ๐ญ๐ข๐ฆ๐ฎ๐ฅ๐๐ญ๐จ๐ซ ๐ฆ๐๐ซ๐ค๐๐ญ was valued at US$444.7 million in 2021 and is projected to grow at a CAGR of 10.1% from 2022 to 2031, reaching over US$1.1 billion by 2031.This growth is fueled by increasing prevalence of epilepsy and anxiety disorders. Vagus Nerve Stimulation (VNS) devices, which deliver mild electrical impulses to the vagus nerve, are used for treating epilepsy, depression, anxiety disorders, migraines, and cluster headaches. The market is expected to expand further with advancements in R&D for more effective and non-invasive VNS devices, eliminating the need for surgical implantation and broadening revenue opportunities for manufacturers.
๐๐๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ :
https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=30395&utm_source=OpenPR&utm_campaign=MansiR_OpenPR
Vagus nerve stimulator is a medical device that is used to stimulate the vagus nerve โ a cranial nerve that runs from the brainstem to the abdomen. VNS can effectively reduce the frequency of seizures in patients with epilepsy. It can also mitigate symptoms of depression and anxiety in some patients.
๐๐ง๐๐ซ๐๐๐ฌ๐ ๐ข๐ง ๐๐๐ฆ๐๐ง๐ ๐๐จ๐ซ ๐๐ฆ๐ฉ๐ฅ๐๐ง๐ญ๐๐๐ฅ๐ ๐๐๐ ๐ฎ๐ฌ ๐๐๐ซ๐ฏ๐ ๐๐ญ๐ข๐ฆ๐ฎ๐ฅ๐๐ญ๐จ๐ซ๐ฌ
In 2021, implantable vagus nerve stimulators dominated the market, buoyed by their perceived safety and efficacy in surgical procedures. The segment's growth is further fueled by advancements in device technology, including IoT integration, and favorable reimbursement policies.
๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ:
ReShape Lifesciences, Inc., LivaNova LLC, electroCore, Inc., MicroTransponder Inc., Parasym Ltd., Cerebral Inc., Cerbomed GmbH, Neuvana, LLC, Nevro Corp., and NeuroPace Inc.
๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง:
Product Type
Implantable
Non-invasive (tVNS)
Application
Pain Management
Epileptic Seizures
Obesity Management
Depression and Anxiety
Others
Biomaterial
Ceramics
Metallic
Polymeric
End-user
Hospitals
Ambulatory Surgical Centers (ASCs)
Others
๐๐๐ญ ๐๐ก๐ข๐ฌ ๐๐ฑ๐๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ ๐๐๐ฉ๐จ๐ซ๐ญ, ๐๐ง๐ฌ๐ญ๐๐ง๐ญ๐ฅ๐ฒ:
https://www.transparencymarketresearch.com/checkout.php?rep_id=30395<ype=S&utm_source=OpenPR&utm_campaign=MansiR_OpenPR
๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ:
Integration of artificial intelligence and machine learning in VNS devices for personalized treatment.
Development of smartphone-compatible VNS devices for remote monitoring and management.
Collaborations and partnerships between medical device companies and research institutions to enhance product development.
๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ฎ๐ญ๐ฅ๐จ๐จ๐ค:
North America is expected to account for major share of theย industry during the forecast period. Surge in government funding and increase in awareness about epilepsy and depression are drivingย market revenue in the region.
The market in Asia Pacific is projected to grow at a rapid pace during 2022-2031. High prevalence of depression, anxiety, epilepsy, and obesity is contributing to the vagus nerve stimulator industry growth in the region. Several governments in Asia Pacific are investing significantly in healthcare infrastructure development.
Organizations such as The Asia-Pacific Centre for Neuromodulation (APCN) are at the forefront of boosting adoption ofย Deep Brain Stimulation devicesย (DBS) for the treatment of neurological diseases in the region.
๐๐๐ฒ ๐๐๐ซ๐ค๐๐ญ ๐๐ญ๐ฎ๐๐ฒ ๐๐จ๐ข๐ง๐ญ๐ฌ:
Market size and growth projections.
Demand analysis by service type, application, and region.
Competitive landscape analysis.
Regulatory framework and reimbursement scenario.
Technological advancements and product innovations.
๐๐ซ๐จ๐ฐ๐ฌ๐ ๐๐จ๐ซ๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ฒ ๐๐๐:
๐๐ข๐ ๐ก ๐๐๐ง๐ฌ๐ข๐ญ๐ฒ ๐ ๐ข๐๐๐ซ๐๐จ๐๐ซ๐ ๐๐๐ซ๐ค๐๐ญ- https://www.globenewswire.com/news-release/2023/04/12/2645700/0/en/High-Density-Fiberboard-Market-Size-is-Expected-to-Reach-US-10-7-Bn-by-2031-Rising-at-a-Market-Growth-of-5-7-CAGR-During-the-Forecast-Period-Transparency-Market-Research-Inc.html
๐๐ข๐ฌ๐ฆ๐จ๐ฎ๐ง๐ญ๐๐ ๐๐จ๐ฅ๐๐ข๐๐ซ ๐๐ฒ๐ฌ๐ญ๐๐ฆ๐ฌ ๐๐๐ซ๐ค๐๐ญ- https://www.globenewswire.com/news-release/2023/04/12/2645689/0/en/Dismounted-Soldier-Systems-Market-to-Grow-at-a-CAGR-of-7-3-from-2023-2031-Reaching-US-8-1-Billion-TMR-Study.html
๐๐๐จ๐ฎ๐ญ ๐๐ซ๐๐ง๐ฌ๐ฉ๐๐ซ๐๐ง๐๐ฒ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก
Transparency Market Research, a globalย market research companyย registered at Wilmington, Delaware, United States, provides custom research and consulting services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyses information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
๐๐จ๐ง๐ญ๐๐๐ญ:
Transparency Market Research Inc.
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Increasing number of neurological diseases especially in developing economies is the key factor driving demand in the global vagus nerve stimulators market. Use of vagus nerve stimulation therapy helps in reducing neurological conditions such as neurological tremors and dyskinesia. Its application is also seen in while controlling bladder difficulties, restoration of hand gasp, and improves movement.
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Vagus Nerve Stimulators Market Growth, Size & Forecast to 2025
Vagus nerve stimulator market is expected to grow at a CAGR of 3.8% during the forecast period. Vagus nerve stimulator 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 wireโฆ
