Press release
Neurostimulation Devices Market to Witness Huge Growth by 2031 - Boston Scientific Corporation, Medtronic plc, NeuroPace Inc., Abbott Laboratories
Neurostimulation Devices Market || 2024-2031
Neurostimulation devices are medical tools that modulate nervous system activity using electrical impulses to treat neurological and psychiatric conditions. By targeting specific neural circuits, these devices aim to alleviate symptoms, improve patient outcomes, and enhance quality of life. The therapy involves delivering controlled electrical signals to areas like the spinal cord, brain, or peripheral nerves, helping to manage pain, regulate movement, control epilepsy, and address other neurological dysfunctions.
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Market Dynamics:
Advancements in neurostimulation devices are expected to drive market growth, particularly with the emergence of non-invasive and wearable technologies like transcranial magnetic stimulation and transcutaneous electrical nerve stimulation. These innovations, such as Neuspera Medical's ultra-miniaturized system and Medtronic's Percept RC DBS system, offer more precise, personalized treatments for neurological and psychiatric disorders. Additionally, Abbott's Liberta RC DBS system, the smallest rechargeable device with remote programming, exemplifies the expanding applications of neurostimulation in treating movement disorders and other conditions.
Segment Covered in the Neurostimulation Devices Market:
By Product: Implantable Neurostimulation Devices, External Neurostimulation Devices
By Type: Spinal Cord Stimulation Devices, Deep Brain Stimulation Devices, Vagus Nerve Stimulation Devices, Sacral Nerve Stimulation Devices, Peripheral Nerve Stimulation Devices, Others
By Application: Epilepsy, Chronic Pain Management, Parkinson's Disease, Depression and Psychiatric Disorders, Sleep Disorders, Others
By End-User: Hospitals, Specialty Clinics, Ambulatory Surgical Centers, Academic and Research Institutes, Others
Major Key Players
• Boston Scientific Corporation
• Medtronic plc
• NeuroPace Inc.,
• Abbott Laboratories
• Nalu Medical Inc.,
• Curonix LLC
• LivaNova PLC
• Nevro Corp
• Dr. Langer Medical GmbH
• Phagenesis Ltd
Regional Analysis:
The global Neurostimulation Devices Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa.
The global Neurostimulation Devices Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa. The report offers detailed insight into new product launches, new technology evolutions, innovative services, and ongoing R&D. The report discusses a qualitative and quantitative market analysis, including PEST analysis, SWOT analysis, and Porter's five force analysis. The Neurostimulation Devices Market report also provides fundamental details such as raw material sources, distribution networks, methodologies, production capacities, industry supply chain, and product specifications.
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Related Reports
Spinal Cord Stimulation Market: https://www.datamintelligence.com/research-report/spinal-cord-stimulation-market
Deep Brain Stimulation Devices Market: https://www.datamintelligence.com/research-report/deep-brain-stimulation-devices-market
Sacral Nerve Stimulation Market: https://www.datamintelligence.com/research-report/sacral-nerve-stimulation-market
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