openPR Logo
Press release

Neuromodulation Devices Market Projected to Grow Steadily During 2017 - 2027

02-21-2018 12:08 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Future Market Insights

Neuromodulation Devices Market Projected to Grow Steadily

Neuromodulation is technology that is used for the alteration or modulation of the nerve activity by using chemical agents or electrical stimulation to the specific neurological sites in the body. Most of the neuromodulation devices work through electrical stimulation.Neuromodulation devices are used by the application of electrodes to the brain, peripheral nerves or the spinal cord. The electrode leads in neuromodulation devices are connected through an extension cable to a power source and pulse generator, which generates required electrical impulses. A low-voltage electrical signal passes from the impulse generator to the nerves, and work by either stimulating the neural impulses where they were not present previously or inhibiting the pain signals. Neuromodulation devices are used to treat or enhance the quality of life of people suffering from the conditions such as, chronic pain, urinary and fecal incontinence, essential tremor, epilepsy, Parkinson’s disease, dystonia and psychological disorders. The conditions which are being treated with neuromodulation devices are mostly permanent in nature so it requires a long term use of neuromodulation devices.

Neuromodulation Devices Market: Drivers and Restraints

The global market for neuromodulation devices is primarily driven by the increase in geriatric population in developed countries such as, the U.S., Europe, and Japan. Increasing incidence of neurological disorders is another factor responsible for the growth of neuromodulation devices market. Other growth factors for neuromodulation devices market are miniaturization of devices, new neuromodulation devices approval by regulatory bodies and increasing awareness among people.

Request Report Sample@ https://www.futuremarketinsights.com/reports/sample/rep-gb-3361

Neuromodulation Devices Market: Segmentation

The global neuromodulation market has been segmented on the basis of product type, end users and geography.

Based on product type, the global neuromodulation devices market is divided into:

Internal Neuromodulation

Deep brain stimulation

Sacral nerve stimulation

Vagus nerve stimulation

Spinal cord stimulation

Gastric Electrical Stimulation

External Neuromodulation

Transcutaneous electrical nerve stimulation

Repetitive transcranial magnetic stimulation

Based on end users, the global neuromodulation devices market is segmented as:

Hospitals

Clinics

Home healthcare

Visit For TOC@ https://www.futuremarketinsights.com/toc/rep-gb-3361

Neuromodulation Devices Market: Overview

Neuromodulation devices market is expected to witness significant growth due to the technological advancement of neuromodulation devices. Spinal cord stimulation is the largest segment of the neuromodulation devices market as this therapy is mostly used for the treatment of chronic pain. Deep brain stimulation is expected to be the fastest growing segment of neuromodulation devices market due to increasing prevalence of neurological disorders such as epilepsy, Parkinson’s disease & dystonia and also due to lack of existing treatments. In case of the end users home healthcare is expected to be fastest growing due to miniaturization of neuromodulation devices and ease of use.

Neuromodulation Devices Market: Region-wise Outlook

Neuromodulation devices market is segmented into seven regions, North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific excluding Japan, Japan, Middle East and Africa. North America is the most attractive market due to increase in the end use of devices, awareness among people and high prevalence of disease conditions such as Parkinson’s disease, chronic pain, epilepsy. Followed by which is Western Europe. Asia-Pacific region is expected to be fastest growing due to increasing population, change in lifestyle, and government initiative to aware the people regarding the neurological disorders and their treatments. Japan is also an attractive market for neuromodulation devices due to ageing population and increase in the approval rate of neuromodulation devices by Pharmaceutical and Medical Devices Agency.

Neuromodulation Devices Market: Key Market Participants

Some of the market participants in the global neuromodulation devices market are Medtronic, Accellent, BioControl Medical, Boston Scientific Corporation, DynaMD, Nevro Corp, NeuroSigma, Inc., NeuroPace, Inc., St. Jude Medical, Inc. Soterix Medical, Inc. and Synapse Biomedical, Inc.,. These companies are focusing on miniaturizationof the neuromodulation devices and advancement of the technology.

About Us –

Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.

CONTACT:

616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
F: +1-845-579-5705
Email: sales@futuremarketinsights.com
Website: www.futuremarketinsights.com

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 Neuromodulation Devices Market Projected to Grow Steadily During 2017 - 2027 here

News-ID: 951903 • Views: 191

More Releases from Future Market Insights

How Changing Dynamics of Cable Testing Market are Reflecting on Growth Strategie …
Global Cable Testing Market: Introduction The cost of the substitution of cables that are concealed is very high. Faults in the cable, bending, kinking, and crushing, are not always visible, which has created the requirement for cable testing. Thus, cable testing helps check the cable functionality, cable quality, and cable conformity. Several times, cable testing by visual inspection is an effective way of identifying the actual problem before it causes any
How Transformative Trends in Self-Organising Network Market are Molding Strategi …
Self-Organising Network: Introduction With accelerated advancements and increasing complexities in the radio network technologies, such as those utilised for the development of LTE and 5G networks, which are used for planning, management, configuration, healing and optimisation, are required to be automated to facilitate efficiency. At present, suppliers are offering self-organising networks that possess the ability to offer optimum performance. Self-organising networks are use cases that perform network governance, including network planning,
Mining Vehicle AC Kits Market: Exploring the Impact of Trends on Strategies of K …
Mining Vehicle AC Kits Market: Introduction Cabin space in mining equipment has become more sophisticated in the recent past. The installation of mining vehicle AC kits has evolved from an optional feature to a necessary feature. Mining equipment manufacturers have made advancements in technology related to efficiency, performance and cost of air conditioning systems in order to make them affordable and economical to enable low-budget and compact installations without compromising on
Key Factors to Fuel Growth of the Talent Acquisition & Staffing Technology and S …
With the growing importance of recruiting and retaining top talent effectively and efficiently, smart hiring processes are the need of the hour. It is about time organisations move beyond merely scrutinising resumes. Salaries and benefits are important factors, but adopting ways that would make candidates an important part of the hiring process will attract the best talent. Studies reveal that due to discrepancies in existing Applicant Tracking Systems (ATS), hiring

All 5 Releases


More Releases for Neuromodulation

Internal Neuromodulation Industry Outlook and Forecast 2020-2025
This report also researches and evaluates the impact of Covid-19 outbreak on the Internal Neuromodulation industry, involving potential opportunity and challenges, drivers and risks. We present the impact assessment of Covid-19 effects on Internal Neuromodulation and market growth forecast based on different scenario (optimistic, pessimistic, very optimistic, most likely etc.). GLOBAL INFO RESEARCH has lately published a new report titled, *Global Internal Neuromodulation Market 2020 by Company, Regions, Type and Application, Forecast to 2025*. The researchers have
Neuromodulation Market Overview and Industry Outlook 2020
Global Neuromodulation Market research report published by market insight reports explores the current outlook in global and key regions from the perspective of Major Players, Countries, Product types and end industries. This report analyzes top players in the global market, and divides the Market into several parameters. This Neuromodulation Market research report identifies the competitive landscape of industries to understand the competition at International level. This report study describes the projected
Neuromodulation Market to Reach $11,717 Million, Globally, by 2022
The global neuromodulation market size is expected to reach $11,717 million by 2022, registering a CAGR of 13.1% from 2016 to 2022. The global neuromodulation devices market is estimated to reach $11,717 million by 2022. Neurological disorders such as epilepsy, Alzheimer disease, cerebrovascular diseases, and Parkinson's disease affect the central and peripheral nervous system. Bacterial, viral, and fungal infections can also cause neurological disorders. To manage such disorders, neuromodulation is used,
Sacral Neuromodulation Systems Market Outlook to 2025
Sacral neuromodulation, also known as sacral nerve stimulation, is a type of electrical stimulation. Sacral neuromodulation system is an implanted system that can help improve the functioning of the bladder by sending electrical signals to the nerves, which control bladder activities. According to a study on neuromodulation devices and therapies, neuromodulation is a safe, effective, and long term treatment for chronic pain and movement disorders. Neuromodulation technology is gaining momentum
Sacral Neuromodulation Systems Market - Industry Overview and Key Factors 2025
Sacral neuromodulation, also known as sacral nerve stimulation, is a type of electrical stimulation. Sacral neuromodulation system is an implanted system that can help improve the functioning of the bladder by sending electrical signals to the nerves, which control bladder activities. According to a study on neuromodulation devices and therapies, neuromodulation is a safe, effective, and long term treatment for chronic pain and movement disorders. Neuromodulation technology is gaining momentum
Neuromodulation Devices Market Offering High-growth Opportunities for Market Pla …
Market Scenario: Globally the market for neuromodulation devices is increasing rapidly. The major factor that derives the growth of neuromodulation devices is the increasing development neuromodulation devices. Furthermore increasing demand for neuromodulation therapies and non-invasive techniques increasing the growth for the market. Globally the market for neuromodulation devices market is expected to grow at the rate of about CAGR from 2016 to 2027. Market Segments: