Neuromodulation Market Worth US$ 11 Billion by 2022

New York, February 02: Market Research Engine has published a new report titled as “Neuromodulation Market By Technology Analysis (Internal neuromodulation, External neuromodulation); By Application Analysis (Chronic Pain Management, Tremor, Failed back syndrome, Epilepsy, Depression, Urinary and Fecal Incontinence, Dystonia, Obsessive-Compulsive Disorder, Gastroparesis, Migraine, Parkinson’s disease); By Biomaterial Analysis (Polymeric Biomaterials, Metallic Biomaterials, Ceramic Biomaterials) and By Regional Analysis – Global Forecast by 2016 – 2022”.

How Big is the Global Neuromodulation Market?

The Global Neuromodulation Market is expected to exceed more than US$ 11 Billion by 2022 and will grow at a CAGR of more than 11% in the given forecast period.

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Neurological disorders which include epilepsy, alzheimer disorder, cerebrovascular sicknesses, and Parkinson’s disease have an effect on the critical and peripheral anxious machine. Bacterial, viral, and fungal infections also can reason neurological disorders. To manage such problems, neuromodulation is used; in which small electrodes generate electric most precise stimulation with the help of pulse generators to complement neurological activities in effected humans. The electrodes are normally located without delay within the mind or peripheral nerves or spinal twine while pulse mills are implanted within the pores and skin.

The major driving factors of Global Neuromodulation Market are as follows:

• Increase in geriatric population
• Rise in awareness regarding the efficacy and safety of neurostimulator devices.
• Growing incidence of neurological diseases

The restraining factors of Global Neuromodulation Market are as follows:

• Stringent approval policies
• Lack of trained healthcare professionals

The Global Neuromodulation Market is segmented on the lines of its technology, application and biomaterial. Technology segmentation is further classified into internal neuromodulation and external neuromodulation. Based on internal neuromodulation segmentation it covers deep brain stimulation, spinal cord stimulation, vagus nerve stimulation, sacral nerve stimulation and other neuromodulation technologies. External neuromodulation is classified into transcranial magnetic stimulation and transcutaneous electrical nerve stimulation. Based on application segmentation it covers chronic pain management, tremor, failed back syndrome, epilepsy, depression, urinary and fecal incontinence, dystonia, obsessive compulsive, disorder, gastroparesis, migraine, parkinson’s disease and other applications. Under biomaterial segmentation it covers polymeric biomaterials, metallic biomaterials and ceramic biomaterials. The Global Neuromodulation market on geographic segmentation covers various regions such as North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Each geography market is further segmented to provide market revenue for select countries such as the U.S., Canada, U.K. Germany, China, Japan, India, Brazil, and GCC countries.

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This report provides:

1) An overview of the global market for Global Neuromodulation and related technologies.

2) Analyses of global market trends, with data from 2013, estimates for 2014 and 2015, and projections of compound annual growth rates (CAGRs) through 2022.

3) Identifications of new market opportunities and targeted promotional plans for Global Neuromodulation Market.

4) Discussion of research and development, and the demand for new products and new applications.

5) Comprehensive company profiles of major players in the industry.

REPORT SCOPE:

The scope of the report includes a detailed study of global and regional markets for Global Neuromodulation Market with the reasons given for variations in the growth of the industry in certain regions.

The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include Medtronic plc, St. Jude Medical, Inc., LivaNova PLC, Boston Scientific Corporation, Aleva Neurotherapeutics SA, BioControl Medical, Bioness Inc., EnteroMedics Inc., Nevro Corporation and NeuroPace Inc. Company profile includes assign such as company summary, financial summary,business strategy and planning, SWOT analysis and current developments.

The Top Companies Report is intended to provide our buyers with a snapshot of the industry’s most influential players.

The Global Neuromodulation Market has been segmented as below:

By Technology Analysis

• Internal neuromodulation
o Deep Brain Stimulation
o Spinal Cord Stimulation
o Vagus Nerve Stimulation
o Sacral Nerve Stimulation
o Other Neuromodulation Technologies
• External neuromodulation
o Transcranial Magnetic Stimulation
o Transcutaneous Electrical Nerve Stimulation

By Application Analysis

• Chronic Pain Management
• Tremor
• Failed back syndrome
• Epilepsy
• Depression
• Urinary and Fecal Incontinence
• Dystonia
• Obsessive-Compulsive Disorder
• Gastroparesis
• Migraine
• Parkinson’s disease
• Other Applications

By Biomaterial Analysis

• Polymeric Biomaterials
• Metallic Biomaterials
• Ceramic Biomaterials

By Regional Analysis

• North America
• Europe
• Asia-Pacific
• Rest of the World

About MarketResearchEngine

Market Research Engine is a global market research and consulting organization. We provide market intelligence in emerging, niche technologies and markets. Our market analysis powered by rigorous methodology and quality metrics provide information and forecasts across emerging markets, emerging technologies and emerging business models. Our deep focus on industry verticals and country reports help our clients to identify opportunities and develop business strategies.

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