Press release
Neuroprosthetics Market Revenue, Key Players, Supply-Demand, Investment Feasibility and Forecasts 2024
Global Neuroprosthetics Market- Industry Trends and Forecast to 2024
The Global Neuroprosthetics Market accounted for USD 7.78 billion in 2016 growing at a CAGR of 15.8% during the forecast period of 2017 to 2024. The upcoming market reports contain data for historic year 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
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Neuroprosthetics Market – Market Segmentation:
On the basis of type, the global neuroprosthetics market is segmented into motor prosthetics,auditory prosthetics/cochlear implants, cognitive prosthetics and visual prosthetics/retinal implants.
On the basis of technology,theglobal neuroprosthetics market is segmented into deep brain stimulation, vagus nerve stimulation, spinal cord stimulation and sacral nerve stimulation.
On the basis of application, the global neuroprosthetics market is segmented into motor neuron disorders, physiological disorders, cognitive disorders. Motor neuron disorders is further sub segmented into Parkinson’s disease and epilepsy. Physiological disorders are further sub-segmented into auditory processing disorders, ophthalmic disorders, cardiovascular disorders and kidney diseases. Whereas cognitive disorders are sub-segmented into Alzheimer’s disease and deveredepression.
On the basis of end user, global neuroprosthetics market is segmented into hospitals and clinics.
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Based on geography, the market is segmented into five geographical regions:
• North America
• Europe
• Asia-Pacific
• South America
• Middle East and Africa
The geographical regions are further segmented into 29 major countries such as U.S. Canada, Mexico, Germany, France, U.K., Belgium, Switzerland, Belgium, Turkey, Japan, China, Singapore, Brazil, India, Russia, South Africa and others.
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Some of the major players operating in this market are
Global neuroprosthetics market is dominated by Boston Scientific Corporation , Biomet, Inc., Cyberonics, Inc., Cochlear Ltd, Medtronic plc, NDI Medical, LLC, NeuroPace, Inc., Nevro Corp , Retina Implant AG, St. Jude Medical, LLC.,Sonova, SensArs, CorTec GmbHamong others.
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