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Global Implantable Neurostimulation Devices Market Analysis 2025-2030: Growth Drivers, Challenges, And Opportunities
Implantable Neurostimulation Devices
How Big Is the Implantable Neurostimulation Devices Market Size Expected to Be by 2034?
The implantable neurostimulation devices market size is projected to grow from $8.68 billion in 2024 to $9.64 billion in 2025, at a CAGR of 11.1%. The growth is due to the increasing demand for non-pharmacological treatments, growing demand for minimally invasive procedures, an aging population, and rising incidence of chronic diseases.
The implantable neurostimulation devices market size is expected to grow to $14.53 billion in 2029, expanding at a CAGR of 10.8%. The market will benefit from a rise in neurological disorders, lifestyle diseases, spinal cord injuries, and higher TH*Care expenditure. Key trends include advances in neurostimulation technologies, sensing technologies, closed-loop systems, and wireless tech integ
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What Are the Emerging Segments Within the Implantable Neurostimulation Devices Market?
The implantable neurostimulation devicesmarket covered in this report is segmented -
1) By Type: Spinal Cord Stimulation (SCS), Gastric Electric Stimulation (GES), Deep Brain Stimulation (DBS), Sacral Nerve Stimulation (SNS), Vagus Nerve Stimulation (VNS), Other Types
2) By Application: Pain Management, Parkinson's Disease, Urinary And Fecal Incontinence, Epilepsy, Gastroparesis, Other Applications
3) By End-User: Hospitals, Clinics, Ambulatory Surgical Centers
Subsegments:
1) By Spinal Cord Stimulation (SCS): Rechargeable SCS Devices, Non-Rechargeable SCS Devices
2) By Gastric Electric Stimulation (GES): Implantable Gastric Stimulators, Adjustable Gastric Stimulators
3) By Deep Brain Stimulation (DBS): DBS Devices for Movement Disorders, DBS Devices for Psychiatric Disorders
4) By Sacral Nerve Stimulation (SNS): SNS Devices for Urinary Incontinence, SNS Devices for Fecal Incontinence
5) By Vagus Nerve Stimulation (VNS): VNS Devices for Epilepsy, VNS Devices for Depression
6) By Other Types: Peripheral Nerve Stimulation (PNS), Cortical Stimulation Devices, Novel Neurostimulation Technologies
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What Long-Term Drivers Are Shaping Implantable Neurostimulation Devices Market Trends?
Rising neurological conditions are expected to support the growth of the implantable neurostimulation device market. These disorders, often related to injury, genetics, or chronic diseases, require specialized treatment, with neurostimulation devices offering symptom relief where conventional therapies fall short. In 2024, the Alzheimer's Association reported 6.9 million Americans aged 65+ living with Alzheimer's, projected to reach 12.7 million by 2050. This trend is supporting the growth of the implantable neurostimulation device market.
Who Are the Top Competitors in Key Implantable Neurostimulation Devices Market Segments?
Major companies operating in the implantable neurostimulation devices market are Abbott Laboratories, Medtronic PLC, Boston Scientific Corporation, Dignity Health, St. Jude Medical LLC, LivaNova PLC, Nevro Corp., Axonics Inc., NeuroPace Inc., Bioness Inc., Saluda Medical Pty Ltd., SceneRay Co. Ltd., NeuroMetrix Inc., CURE Epilepsy, Synapse Biomedical Inc., NeuroSigma Inc., Nuvectra Corporation, MicroTransponder Inc., Pain Management NYC, Curonix LLC
What Implantable Neurostimulation Devices Market Trends Are Gaining Traction Across Different Segments?
Companies in the implantable neurostimulation devices market are developing advanced products like spinal cord stimulation (SCS) systems to alleviate chronic pain. The SCS systems use electrical impulses to modulate spinal cord nerve activity, offering relief when other treatments fail. In December 2022, Abbott, a US-based company, received FDA approval for the Eterna spinal cord stimulation system, the smallest rechargeable implantable stimulator on the market. It uses BurstDR technology for superior pain relief and requires minimal recharging.
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Which Regions Are Becoming Hubs for Implantable Neurostimulation Devices Market Innovation?
North America was the largest region in the implantable neurostimulation devices market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the implantable neurostimulation devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Implantable Neurostimulation Devices Market?
2. What is the CAGR expected in the Implantable Neurostimulation Devices Market?
3. What Are the Key Innovations Transforming the Implantable Neurostimulation Devices Industry?
4. Which Region Is Leading the Implantable Neurostimulation Devices Market?
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