openPR Logo
Press release

The Global Nerve Repair Market,Industry Analyis & Highlightig CAGR Growth at 11.3% For the forecast period 2017 - 2027

08-18-2017 04:03 PM CET | Industry, Real Estate & Construction

Press release from: MRRSE.com

MRRSE

MRRSE

The global nerve repair market is estimated to be valued in excess of US$ 145 Mn in the year 2017 and is projected to be valued at nearly US$ 430 Mn by 2027, registering a CAGR of 11.3% over the forecast period.

Request For Sample Report : http://www.mrrse.com/sample/3257

Increasing ageing population leading to neurological problems is fuelling the global nerve repair market

Due to the decreased activity of the motor reflexes of geriatric patients, they are prone to trauma and minor accidents owing to age. Increasing geriatric population is eventually increasing the number of patients with nerve injury. According to an article presented by Ademola Adewale, approximately 40% of people older than 65 years report at least one fall per year, which increases to 50% in those older than 80 years. In long-term care facilities, the risk of falls increases to more than 50%-60% per year. Ageing is one of the major factors leading to an increased incidence of nerve damage due to trauma, and this factor is fuelling revenue growth of the global nerve repair market during the assessment period.

Increasing number of neurosurgeons creating awareness about nerve repair procedures

Even though the global opportunity of the nerve repair market is more than US$ 3 Bn, the market penetration of nerve repair procedures is less than 2% worldwide. Nowadays, it has been observed that a growing number of neurosurgeons is creating scope for nerve repair procedures in developing countries like India and South Africa. The market penetration is also expected to increase during the forecast period due to an increase in the number of neurosurgeons, which is creating awareness in developing countries – which in turn is leading to a growth in the sales of nerve repair procedures.

Browse Full Report With TOC : http://www.mrrse.com/nerve-repair-market

Use of alternate techniques hampering the growth of the nerve repair market

Even though nerve auto graft technique is a gold standard treatment in the realm of nerve repair, there are several other treatments available in the market. One of the techniques is the regeneration of the damaged nerve using stem cell therapy. In this procedure, the adult stem cells are processed and are directly administered to the damaged part of the nerve, eventually regenerating the damaged nerve. These alternative techniques are likely to hinder sales revenue growth of the nerve repair market during the assessment period.

Tapping emerging markets can lead to an immense growth opportunity in the worldwide nerve repair market

As per the current market scenario, it is clear that the nerve repair market is predominately lucrative in the developed regions of the world like North America, Europe, etc. Many of the developing countries like India, Mexico, Indonesia and few of the Middle Eastern countries have a less market penetration of the nerve repair biomaterial products. Hence, there is an immense scope in promoting nerve repair procedures in these emerging markets and this would immensely benefit companies.

Send An Enquiry : http://www.mrrse.com/enquiry/3257

Global Nerve Repair Market Attractiveness Analysis, By Nerve Repair Type

The Epineural Nerve Repair segment dominated the global nerve repair market in revenue terms in 2016 and the trend is projected to continue throughout the forecast period with the segment estimated to record an attractiveness index of 1.5. Revenue from the Epineural Nerve Repair segment is anticipated to exhibit a CAGR of 12.1% over 2017–2027, to reach a market valuation in excess of US$ 285 Mn by 2027. The Fascicular Nerve Repair segment is expected to remain the least attractive segment in the global nerve repair market in revenue terms with an attractiveness index of 0.4 over the forecast period.

“North America and Japan are the most lucrative regions in the global nerve repair market

The North America nerve repair market is estimated to account for the largest revenue share of 41.0% in 2017 and grow at a CAGR of 12.9% during the forecast period. Increasing geriatric population and growing demand for advanced medical technology in the United States represents key growth opportunities for manufacturers of nerve repair products. The Japan nerve repair market is expected to register the second highest CAGR of 10.8% over the forecast period due to rising healthcare awareness and demand for advanced medical technology.”

Market Research Reports Search Engine (MRRSE) is an industry-leading database of market intelligence reports. MRRSE is driven by a stellar team of research experts and advisors trained to offer objective advice. Our sophisticated search algorithm returns results based on the report title, geographical region, publisher, or other keywords. 

MRRSE partners exclusively with leading global publishers to provide clients single-point access to top-of-the-line market research. MRRSE’s repository is updated every day to keep its clients ahead of the next new trend in market research, be it competitive intelligence, product or service trends or strategic consulting.

State Tower 
90, State Street 
Suite 700 
Albany, NY - 12207 
United States
Telephone: +1-518-730-0559 
Email: sales@mrrse.com
Google+: https://plus.google.com/u/0/109558601025749677847/posts
Linked in: https://www.linkedin.com/company/mrrse
Twitter: https://twitter.com/MRRSEmrrse

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 The Global Nerve Repair Market,Industry Analyis & Highlightig CAGR Growth at 11.3% For the forecast period 2017 - 2027 here

News-ID: 675128 • Views:

More Releases from MRRSE.com

Automotive Microcontrollers Market | Industry Key Players - AG (Germany), Texas Instruments, Inc. (U.S.), ON Semiconductor Corp. (U.S.), STMicroelectronics N.V. (Switzerland), Maxim Integrated Products, Inc. (U.S.), NXP Semiconductors N.V. (Netherlands)
Automotive Microcontrollers Market | Industry Key Players - AG (Germany), Texas …
MRRSE has recently published a report that explores the market for automotive microcontrollers at a global scale, and covers the market dynamics exhaustively, providing major trends impacting the market growth. This report on global market for automotive microcontrollers provides a detailed knowledge base for players who seek expansion of their presence globally. Insights offered in this report is instrumental for market players and investors, for gauging potential of the bubble
Global Commercial Refrigeration Equipment Market |Key Players Baltimore Aircoil Company, Inc. (US), Daikin Industries, Ltd. (Japan), GEA Group AG (Germany), Emerson Climate Technologies (US)
Global Commercial Refrigeration Equipment Market |Key Players Baltimore Aircoil …
MRRSE provides the forecast and in-depth on the global commercial refrigeration equipment market for the forecast period 2017-2026. The report also analyzes the market in terms of market volume and value and offers information on the market dynamics, competitors, current market scenario, and future market growth. Year-on-year growth and important factors supporting the decision-making process is also offered in the report on the global market for commercial refrigeration equipment. Get Report
Automotive Aluminum Alloy (OE) Market - Outlook and Growth Stance Forecasted Through 2026 || Market Players are - Arconic, AUSTEM COMPANY LTD., Constellium N.V., Bharat Forge, UACJ Corporation, FLEX-N-GATE CORPORATION
Automotive Aluminum Alloy (OE) Market - Outlook and Growth Stance Forecasted Thr …
A fresh report has been added to the wide database of Market Research Report Search Engine (MRRSE). The research study is titled “Automotive Aluminum Alloy (OE) Market - Outlook and Growth Stance Forecasted Through 2026” which encloses important data about the production, consumption, revenue and market share, merged with information related to the market scope and product overview. The report comprises a detailed value chain analysis, which provides a comprehensive view
Frontotemporal Disorders Treatment Market (2018-2028) || Key Players are Pfizer Inc., Johnson & Johnson, Sanofi S.A., Eli Lilly and Company, GlaxoSmithKline Plc., Novartis AG, Mylan N.V., Merck & Company Inc.
Frontotemporal Disorders Treatment Market (2018-2028) || Key Players are Pfizer …
A recent market study published by company – “Frontotemporal Disorders Treatment Market Assessment & Opportunity Analysis Recorded for 2018 – 2028” – consists of a comprehensive assessment of the most important market dynamics. On conducting a thorough research on the historic as well as current growth parameters of the frontotemporal disorders treatment market, growth prospects of the market are obtained with maximum precision. The report features unique and salient factors

All 5 Releases


More Releases for MRRSE

Market Research Reports Search Engine - MRRSE
New research report offers a comprehensive analysis of the “Biological Seed Treatment Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2026”. The main objective of this report is to deliver insightful information and clear-cut facts pertaining to the growth trajectories of the market. Request for Sample Report @ https://www.mrrse.com/sample/4506 Increasing impact of unfavorable farming conditions on the global agricultural production has weighed down the production of food
Market Research Reports Search Engine - MRRSE
New research report offers a comprehensive analysis of the “Prosthetic Heart Valve Market: Global Industry Analysis & Opportunity Assessment, 2016-2026“The main objective of this report is to deliver insightful information and clear-cut facts pertaining to the growth trajectories of the market. Request to view Sample Report @ https://www.mrrse.com/sample/2692 Mechanical heart valve is an artificial heart valve implanted in patients suffering from indicated diseases such as aortic stenosis or mitral regurgitation. Tissue heart
Market Research Reports Search Engine - MRRSE
New research report offers a comprehensive analysis of the “3D Printing Powder Market - Global Industry, Size, Share, Growth, Trends, and Forecast 2017 - 2025“The main objective of this report is to deliver insightful information and clear-cut facts pertaining to the growth trajectories of the market. Request to view Sample Report @ https://www.mrrse.com/sample/4318 Global 3D Printing Powder Market: Snapshot A large part of the 3D printers that are presently available in the global
Market Research Reports Search Engine - MRRSE
 Preference among consumers about the benefits of non-surgical skin tightening procedures is growing, which is resulting into the growth of the market globally. According to the report, non-surgical skin tightening market is likely to grow at over 4% CAGR during the forecast period and surpass US$ 500 Mn in revenues. These insights are according to a new research report added to the vast database of Market Research Reports Search Engine
Market Research Reports Search Engine - MRRSE
A new report added to the repository of Market Research Reports Search Engine “Herb Oil Market: Global Industry Analysis (2012 - 2016) & Opportunity Assessment (2017 - 2022)” is a comprehensive repository of information, providing market share, size, and forecast. Request for Sample Report: https://www.mrrse.com/sample/3698 Alternative medicine and herbal products have become quite popular across the world as people are increasingly seeking out ‘natural and organic solutions’ for everything. The millennial generation
Latest Research Reports - MRRSE
The rising usage of vetiver oil in aromatherapy, due to its popularity as precious therapeutic oil in eastern countries on account of its safe, convenient and customary application is a major factor behind the increasing production for vetiver oil. A market research report titled as “Haitian Vetiver Oil Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 – 2024” has been recently added to the vast online