Emerging Trends to Drive Neurostimulation Devices Market Growth at 12% CAGR Through 2029

Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.

Neurostimulation Devices Market Size Growth Forecast: What to Expect by 2025?
The market size for neurostimulation devices has witnessed a swift expansion in the past few years. The market's value is anticipated to rise from $6.3 billion in 2024 to $7.1 billion in 2025, with a Compound Annual Growth Rate (CAGR) of 12.6%. Factors such as the need for chronic pain management, the rise in the aging population, growing awareness and acceptance, and the application of a multidisciplinary approach have contributed to the growth seen in the historical period.

How Will the Neurostimulation Devices Market Size Evolve and Grow by 2029?
In the coming years, the market size of neurostimulation devices is predicted to witness a significant expansion. It is projected to reach the valuation of $11.18 billion by 2029, with a compound annual growth rate (CAGR) of 12.0%. The anticipated surge during the forecast period can be accredited to the evolution of minimally invasive procedures, expansion in emerging markets, supportive regulations and reimbursements, and the rise of telehealth and remote monitoring. Major trendsetters in the forecast period will include personalized therapy, the introduction of wearable neurostimulation devices, advancements in programming and connectivity, and combined therapies.

View the full report here:
https://www.thebusinessresearchcompany.com/report/neurostimulation-devices-global-market-report

What Drivers Are Propelling the Growth of Neurostimulation Devices Market Forward?
The global rise in the elderly population is fuelling the expansion of the neurostimulation device market. There has been an uptick in the number of mature individuals who are increasingly susceptible to various neurobiological illnesses. For instance, in October 2022, the WHO, a United Nations body accountable for international public health, reported that by 2050, 80% of senior individuals will inhabit low- and middle-income nations. Furthermore, from 2015 to 2050, the portion of the global population aged 60 and above is projected to skyrocket from 12% to 22%.

Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=2539&type=smp

Which Emerging Trends Are Transforming the Neurostimulation Devices Market in 2025?
The development of minimally invasive procedures for treating various neurological disorders is underway. Neurostimulation devices are being revamped to ensure minimal intrusion during neurological therapeutic procedures. Take, for instance, Deep Brain Stimulation (DBS), a surgical procedure with a minimal invasive nature, aiming to treat Parkinson's disease's neurological symptoms such as tremors, rigidity, and movement control. DBS utilizes a neurostimulation apparatus, akin to a heart pacemaker, which directs electric pulses to a very specific part of the brain circuits that impact Parkinson's disease symptoms. These electric pulses from the DBS device inhibit the activity of these circuits, allowing the remainder of the brain to operate more efficiently.

What Are the Key Segments in the Neurostimulation Devices Market?
The neurostimulation devices market covered in this report is segmented -

1) By Product: Implantable Devices, External Devices
2) By Application: Pain Management, Epilepsy, Essential Tremor, Urinary and Fecal Incontinence, Depression, Dystonia, Gastroparesis, Parkinson's Disease
3) By End User: Hospitals, Rehabilitation Centers, Medical Clinic

Subsegments:
1) By Implantable Devices: Spinal Cord Stimulators (SCS), Deep Brain Stimulators (DBS), Vagus Nerve Stimulators (VNS), Sacral Nerve Stimulators (SNS)
2) By External Devices: Transcranial Magnetic Stimulation (TMS) Devices, Transcranial Direct Current Stimulation (tDCS) Devices, Cranial Electrotherapy Stimulation (CES) Devices

Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=2539&type=smp

Who Are the Key Players Shaping the Neurostimulation Devices Market's Competitive Landscape?
Major companies operating in the neurostimulation devices market include 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

What Geographic Markets Are Powering Growth in the Neurostimulation Devices Market?
North America was the largest region in the global neurostimulation devices market in 2023. Asia-Pacific was the second-largest region in the neurostimulation devices market. The regions covered in the neurostimulation devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=2539

"This Report Supports:
1.Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2.Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3.Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4.Consultants & Analysts - To support market entry, expansion strategies, and client advisory work."

Connect with 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.

Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info

Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

This release was published on openPR.