Press release
Neurostimulation Devices Market Segments, Overview, Trends And Report 2024 - 2033
Neurostimulation Devices Market Demand
Ready to Dive into Something Exciting? Get Your Free Exclusive Sample of Our Research Report @
https://www.thebusinessresearchcompany.com/sample.aspx?id=2539&type=smp
According to The Business Research Company's, The neurostimulation devices market size has grown rapidly in recent years. It will grow from $6.34 billion in 2023 to $6.98 billion in 2024 at a compound annual growth rate (CAGR) of 10.1%. The growth in the historic period can be attributed to chronic pain management, aging population, awareness and acceptance, multidisciplinary approach.
The neurostimulation devices market size is expected to see strong growth in the next few years. It will grow to $10.12 billion in 2028 at a compound annual growth rate (CAGR) of 9.7%. The growth in the forecast period can be attributed to minimally invasive techniques, emerging markets growth, regulatory support and reimbursement, telehealth and remote monitoring. Major trends in the forecast period include personalized therapy, wearable neurostimulation devices, advanced programming and connectivity, combination therapies.
Get The Complete Scope Of The Report @
https://www.thebusinessresearchcompany.com/report/neurostimulation-devices-global-market-report
Market Drivers and Trends:
The rising geriatric population across the globe is driving the growth of the neurostimulation device market. An increasing number of the population is aging, and this geriatric population is falling prey to different neurobiological disorders. For instance, in October 2022, WHO, a specialized agency of the United Nations responsible for international public health stated that in 2050, 80% of older people will be living in low- and middle-income countries. Between 2015 and 2050, the proportion of the world's population over 60 years will nearly double from 12% to 22%.
Minimally invasive treatments are being developed for the treatment of various neurological disorders. The neurostimulation devices are being innovated in a way to cause minimum invasion during neurological treatments. For example, Deep Brain Stimulation (DBS) is a minimally invasive surgical procedure to treat neurological symptoms of Parkinson's disease, including tremors, rigidity, and movement control. DBS uses a neurostimulation device, similar to a heart pacemaker, to deliver electrical pulses to a very precise location in the brain circuits that influence Parkinson's disease symptoms. The electrical pulses from the DBS device block the activity of these circuits so the rest of the brain can function more normally.
Key Benefits for Stakeholders:
• Comprehensive Market Insights: Stakeholders gain access to detailed market statistics, trends, and analyses that help them understand the current and future landscape of their industry.
• Informed Decision-Making: The reports provide crucial data that support strategic decisions, reducing risks and enhancing business planning.
• Competitive Advantage: With in-depth competitor analysis and market share information, stakeholders can identify opportunities to outperform their competition.
• Tailored Solutions: The Business Research Company offers customized reports that address specific needs, ensuring stakeholders receive relevant and actionable insights.
• Global Perspective: The reports cover various regions and markets, providing a broad view that helps stakeholders expand and operate successfully on a global scale.
Major Key Players of the Market:
Medtronic plc, Cyberonics Inc., Boston Scientific Corporation, Abbott Laboratories, Nevro Corporation, Neuronetics Inc., NeuroPace Inc., NeuroSigma Inc., Cochlear Ltd., NDI Medical LLC, Synapse Biomedical Inc., MED-EL, LivaNova PLC, DePuy Synthes Inc., Aleva Neurotherapeutics, BrainsWay, Cortec Corporation, Endonovo Therapeutics Inc., Inspire Medical Systems Inc., The Magstim Company Limited, Mainstay Medical Limited, MicroTransponder Inc., MindMaze, NeuroMetrix, Nexeon MedSystems, Nuvectra, Saluda Medical, SPR Therapeutics Inc., Uro Medical Corporation
Neurostimulation Devices Market 2024 Key Insights:
• The neurostimulation devices market size is expected to see strong growth in the next few years. It will grow to $10.12 billion in 2028 at a compound annual growth rate (CAGR) of 9.7%.
• Growing Neurostimulation Device Market Fueled By The Aging Global Population
• Advancements In Neurostimulation Devices: Minimally Invasive Treatments For Neurological Disorders
• North America was the largest region in the global neurostimulation devices market in 2023
We Offer Customized Report, Click @
https://www.thebusinessresearchcompany.com/Customise?id=2539&type=smp
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
"""Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide."
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 Neurostimulation Devices Market Segments, Overview, Trends And Report 2024 - 2033 here
News-ID: 3727680 • Views: …
More Releases from The Business research company
Emerging Sub-Segments Transforming the More Electric Aircraft Market Landscape
The aviation industry is rapidly evolving with a strong focus on electric propulsion technologies, promising to transform how aircraft operate in the near future. The shift toward more electric aircraft is driven by innovations that enhance efficiency, reduce emissions, and meet growing sustainability demands. Let's explore the current market valuation, key players, prevailing trends, and major segments shaping this emerging sector.
Anticipated Valuation and Growth Trajectory of the More Electric Aircraft…
Emerging Growth Patterns Driving Expansion in the Missile Defense System Market
The missile defense system market is set to undergo significant expansion over the coming years due to evolving global security needs and technological advancements. As countries prioritize national defense, developments in missile interception and detection are becoming crucial. Let's explore how this market is expected to grow, the main players involved, and the key trends shaping its future.
Expected Growth Trajectory of the Missile Defense System Market
The missile defense system…
In-depth Examination of Segments, Industry Developments, and Key Players in the …
The military vehicle simulations market is poised for significant expansion in the coming years, driven by rapid technological advancements and evolving defense training needs. As militaries worldwide emphasize enhanced preparedness and cost-effective training solutions, simulation technologies are becoming indispensable. Let's explore the current market size, key drivers, top players, emerging trends, and the main segments shaping this sector.
Military Vehicle Simulations Market Size and Growth Outlook
The military vehicle simulations market…
Detailed Analysis of Key Market Segments Influencing the Space Propulsion System …
The space propulsion systems market is on the verge of significant expansion, driven by technological advancements and increasing activity in space exploration. As private companies and government agencies push the boundaries of space travel, propulsion technologies are evolving rapidly to meet these new demands. Let's explore the current market value projections, key players, emerging trends, and the main segments shaping this dynamic industry.
Projected Market Value and Growth of Space Propulsion…
More Releases for Neurostimulation
Neurostimulation Devices Market Size Report 2032 | DelveInsight
DelveInsight's Neurostimulation Devices Market Insights Report 2032 provides the current and forecast market analysis, individual leading companies' market shares, challenges, Market Drivers, barriers, trends, and key Neurostimulation Devices companies in the market.
To read more about the latest highlights related to the Neurostimulation Devices Market, get a snapshot of the key highlights entailed in the Market Report @ Neurostimulation Devices Market Size- https://www.delveinsight.com/sample-request/neurostimulation-devices-market?utm_source=openpr&utm_medium=pressrelease&utm_campaign=ypr
Key Takeaways from the Neurostimulation Devices Market Report
• The…
Neurostimulation Devices Market: Unlocking Solutions for Neurological Disorders
In recent years, the global Neurostimulation Devices Market has witnessed a dynamic shift, influenced by changing consumer preferences, technological advancements, and a growing emphasis on sustainability. The Research report on Neurostimulation Devices Market presents a complete judgment of the market through strategic insights on future trends, growth factors, supplier landscape, demand landscape, Y-o-Y growth rate, CAGR, pricing analysis. It also provides and a lot of business matrices including…
Internal Neurostimulation Devices Market - Igniting the Power Within: Internal N …
Newark, New Castle, USA: The "Internal Neurostimulation Devices Market" provides a value chain analysis of revenue for the anticipated period from 2023 to 2031. The report will include a full and comprehensive analysis of the business operations of all market leaders in this industry, as well as their in-depth market research, historical market development, and information about their market competitors.
Internal Neurostimulation Devices Market: https://www.growthplusreports.com/report/internal-neurostimulation-devices-market/8803
This latest report researches the industry structure,…
Neurostimulation Systems Market 2021 | Detailed Report
The research reports on “Neurostimulation Systems Market” report gives detailed overview of factors that affect global business scope. Neurostimulation Systems Market report shows the latest market insights with upcoming trends and breakdowns of products and services. This report provides statistics on the market situation, size, regions and growth factors. An exclusive data offered in this report is collected by research and industry experts team.
Get Free Sample PDF (including full TOC,…
Mainstay Medical Announced the Launch of Reactiv8 Implantable Restorative Neuros …
The growing prevalence of Parkinson’s disease is projected to propel the growth of the neurostimulation devices market. According to the Parkinson's Foundation, around 1 million people in the U.S. will suffer from Parkinson's disease by 2020. It also reports that around 60,000 Americans are diagnosed with Parkinson's disease each year. The Parkinson's Foundation also estimates that 1.2 million people in the U.S. are expected to develop Parkinson's disease by 2030.…
Neurostimulation Devices Market Revenue Forecast 2020-2026
Neurostimulation Devices Market research report provides the newest industry data and industry future trends, allowing you to identify the products and end users driving Revenue growth and profitability. The industry report lists the leading competitors and provides the insights strategic industry Analysis of the key factors influencing the market.
The neurostimulation devices market is projected to garner significant growth on account of rising cases of neurological disorders and proliferating demand…
