Explored in latest research Transcutaneous Neurostimulators Market Size & Share, Growth, Trends and Forecast 2017 - 2025

MarketResearchReports.Biz announces addition of new report"Transcutaneous Neurostimulators Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025 "to its database.

​The objective of this report is to define, describe, and forecast the market on the basis of type, application, medical condition, and region. It provides detailed information regarding the major factors influencing the growth of the market. This report also tracks and analyzes competitive developments of the key players in terms of market developments, product portfolios, and financials.

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Neurostimulation is the process of stimulation of nervous tissues by low electric impulses. These electric impulses block the transmission of pain messages to the brain. Patients may feel a minor tickling sensation instead of pain. Neurostimulation is generally considered an electromagnetic approach toward neuromodulation. Advanced technologies of neurostimulation can improve the quality of life of patients suffering from deep harms to their different sense organs or patients severely paralyzed. It can lead to long-lasting fall of chronic, severe pain (such as spinal cord injury and neuropathic pain) that would otherwise require high-dose analgesic drugs or opioid therapy. Neurostimulation works as the crucial part of neural prosthetics for brain–machine interfaces, artificial limbs, artificial vision, and hearing aids.

In the case of nerve stimulation, typically electrical stimulation methods are used. Other than this method also charge-balanced biphasic continuous current waveforms or capacitive attached charge injection methods are widely used. Otherwise, transcranial electric stimulation and transcranial magnetic stimulation have been suggested as non-invasive techniques, in which either transcranially applied electric currents or a magnetic field causes neurostimulation. There exist various stimulation processes for the treatment of different kinds of critical diseases such as epilepsy, Parkinson’s disease, tremors, and dystonia. Brain stimulation is capable to cure certain disorders such as epilepsy. In this technique, planned stimulation is employed on specific subcortical or cortical targets.
There exist marketable devices that can transport an electric impulse in the scheduled time duration, and this scheduled stimulation is assumed to modify the fundamental neurophysiologic characters of epileptic networks. Key targets for the scheduled stimulation are anterior nucleus of the hippocampus and the thalamus. The global market for transcutaneous neurostimulators is expanding significantly, due to increase in use of transcranial magnetic stimulation (TMS) and transcutaneous electric nerve stimulation (TENS) and rise in the number of patients. Procedure size development for nerve stimulation is considerably high in countries such as Mexico, China, India, and Brazil; owing to factors such as high prevalence of diseases, rapid progression of the disease, widening insurance coverage, economic growth, improving health care infrastructure, expanding private health care sector, and rising awareness among people in these countries.

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As per the International Neurostimulation Society, around 40 to 50 million patients are suffering from epilepsy worldwide and 1.5 million patients from Parkinson’s disease in the U.S. alone. The large number of patients suffering from different diseases such as tremors, urinary incontinence, lower back pain, anxiety, stroke, and depression is also a prominent factor boosting the market. Treatment of tinnitus denotes an emergent use of transcutaneous neurostimulators. As per the American Tinnitus Association, around 50 million people are suffering from tinnitus in the U.S. alone. Major drivers for the transcutaneous neurostimulators market are high incidence of chronic disorders, increase in elderly population, cost-effectiveness of transcutaneous neurostimulators, wide range of their usage, and rise in the demand for non-invasive therapy. However, less advanced technologies, less effective results of transcutaneous neurostimulators, and proofs that these devices give improved results when used with other non-invasive or minimally invasive neuromodulation devices are major restraints for the market.
The global transcutaneous neurostimulators market can be segmented by product, application, and geography. Based on product, the market has been broadly categorized into sacral nerves, vagus nerves, brain, and others. Based on application, the market has been segmented into Alzheimer’s disease, gastroparesis, incontinence, Parkinson’s disease, and others. Based on geography, the global transcutaneous neurostimulators market has been divided into North America, Latin America, Europe, Asia Pacific, and Rest of World.

Major players operating in the global transcutaneous neurostimulators market are Medtronic, Neurotech SA (a Sorin Group Company), Zynex Medical, Inc., Cyberonics, Inc., Boston Scientific Corporation, St. Jude Medical, Inc., Enteromedics, Inc., Dynatronics Corp., and Neuronetics.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

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The study is a source of reliable data on:
Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis
The regional analysis covers:
North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

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Highlights of the report:
A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market

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