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Impact Of Neurological Disorders On Implantable Pulse Generator Market Growth: A Key Factor Shaping the Future of the Implantable Pulse Generator Market in 2025
Implantable Pulse Generator
The rise in neurological disorders is expected to boost the implantable pulse generator market. Neurological disorders affect the brain, spinal cord, and nervous system, impairing functions like movement, sensation, and cognition. The increase in such disorders is attributed to aging populations, lifestyle factors, and environmental influences. Implantable pulse generators are used to deliver electrical impulses that modulate abnormal neural activity, alleviating symptoms of neurological conditions. For example, the Parkinson Foundation projected that the number of Parkinson's disease patients in the U.S. would rise from 930,000 in 2020 to 1.2 million by 2030. This increase in neurological disorders is propelling the implantable pulse generator market.
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How will the growth rate of the implantable pulse generator market shape industry trends by 2034?
The implantable pulse generator market is set to grow from $133.75 billion in 2024 to $148.38 billion in 2025 at a CAGR of 10.9%, driven by increased home healthcare facilities, higher neuromodulation adoption, and greater patient awareness.
The implantable pulse generator market is projected to grow to $222.76 billion by 2029, with a CAGR of 10.7%. Growth is attributed to rising healthcare spending, patient preferences for minimally invasive treatments, favorable reimbursement policies, and expanding applications in therapy. Trends include miniaturized devices, extended battery life, wireless connectivity, smart implants, and AI/ML integration.
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What trends are poised to drive the future success of the implantable pulse generator market?
Companies in the implantable pulse generator market are focusing on developing advanced neuromodulation devices to improve treatment efficacy and patient outcomes for a wider range of neurological conditions. For instance, in November 2022, CVRx Inc., a US-based medical device company, launched the Barostim NEO2 IPG, a neuromodulation device designed to alleviate heart failure symptoms. By delivering electrical pulses to baroreceptors in the carotid artery, the device activates the body's baroreflex, which restores balance to the autonomic nervous system.
Which primary segments of the implantable pulse generator market are driving growth and industry transformations?
The implantable pulse generator market covered in this report is segmented -
1) By Product: Implantable Cardiac Pacemakers, Implantable Defibrillators, Cochlear Implants, Implantable Nerve Stimulators (Fes), Implantable Infusion Pumps, Implantable Active Monitoring Devices
2) By Charging Type: Rechargeable, Non Rechargeable
3) By Application: Cardiovascular Diseases, Movement Disorders, Orthopedic Diseases, Other Applications
4) By End User: Hospitals, Ambulatory Surgical Centers, Home Care Settings, Clinics
Subsegments:
1) By Implantable Cardiac Pacemakers: Single-Chamber Pacemakers, Dual-Chamber Pacemakers, Biventricular Pacemakers
2) By Implantable Defibrillators: Implantable Cardioverter Defibrillators (ICD), Subcutaneous Implantable Defibrillators (S-ICD)
3) By Cochlear Implants: Single-Channel Cochlear Implants, Multi-Channel Cochlear Implants
4) By Implantable Nerve Stimulators (Fes): Functional Electrical Stimulation (FES) Devices For Motor Function Restoration, Spinal Cord Stimulation Devices
5) By Implantable Infusion Pumps: Insulin Pumps, Pain Management Pumps, Intrathecal Drug Delivery Pumps
6) By Implantable Active Monitoring Devices: Continuous Glucose Monitoring Systems, Cardiac Monitoring Devices, Neurological Monitoring Devices
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Which geographical regions are pioneering growth in the implantable pulse generator market?
North America was the largest region in the implantable pulse generator market in 2023. The regions covered in the implantable pulse generator market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the influential players reshaping the implantable pulse generator market landscape?
Major companies operating in the implantable pulse generator market are Abbott Laboratories, Medtronic PLC, Boston Scientific Corporation, Integer Holdings Corporation, Livanova plc, Inspire Medical Systems Inc., Nevro Corp, Impulse Dynamics Ltd., Valtronic Inc., NeuroPace Inc., SPR Therapeutics Inc., Stimwave LLC, SetPoint Medical, ReShape Lifesciences Inc., Synapse Biomedical Inc., Nuvectra Medical Inc., NeuroSigma Inc., Nalu Medical Inc., MainStay Medical International PLC, Dextronix Inc., BioControl Medical Inc.
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What Is Covered In The Implantable Pulse Generator Global Market Report?
•Market Size Forecast: Examine the implantable pulse generator market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the implantable pulse generator market for a structured understanding.
•Key Players Overview: Analyze major players in the implantable pulse generator market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the implantable pulse generator market.
•Segment Contributions: Evaluate how different segments drive overall growth in the implantable pulse generator market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the implantable pulse generator market.
•Industry Challenges: Identify potential risks and obstacles affecting the implantable pulse generator market.
•Competitive Landscape: Review strategic developments in the implantable pulse generator market, including expansions, agreements, and new product launches.
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