Neuromodulation is the physiological process by which a given neuron uses one or more chemicals to regulate diverse populations of neurons.
The key drivers for the growth of neuromodulation market include rise in geriatric population, their vulnerability for neurological disorders, increase in incidence of neurological diseases, such as Alzheimer’s and Parkinson’s diseases, and the increase in awareness regarding the safety and efficacy of neurostimulator devices. However, restrains, such as lack of trained healthcare professionals and stringent approval policies, are expected to hinder the market.
Spinal cord stimulation is the dominating segment whereas repetitive transcranial magnetic stimulation is the fastest growing segment among various neuromodulation technologies. Chronic pain management is the largest application segment and migraine is the fastest growing segment owing to the high incidence rate.
North America is the most attractive market in the global neuromodulation industry and is expected to be the first preference for new entrants due to the increasing end-use in the region. Asia-Pacific is the fastest growing market; hence the established players are focusing on the region.
In 2018, the global Neuromodulation market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2019-2025.
This report focuses on the global Neuromodulation status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Neuromodulation development in United States, Europe and China.
The key players covered in this study
Medtronic
Boston Scientific
Jude Medical
Synapse Biomedical
Nevro
Neurosigma
Neuropace
Neuronetics
Cyberonics
BioControl Medical
Market segment by Type, the product can be split into
Deep Brain Stimulation
Spinal Cord Stimulation
Transcranial Magnetic Stimulation
Market segment by Application, split into
Depression
Parkinson’s
Tinnitus
Alzheimer’s
Epilepsy
Ischemia
Obesity
Market segment by Regions/Countries, this report covers
United States
Europe
China
Japan
Southeast Asia
India
Central & South America
The study objectives of this report are:
To analyze global Neuromodulation status, future forecast, growth opportunity, key market and key players.
To present the Neuromodulation development in United States, Europe and China.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.
In this study, the years considered to estimate the market size of Neuromodulation are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Summary:
Get latest Market Research Reports on Neuromodulation . Industry analysis & Market Report on Neuromodulation is a syndicated market report, published as Global Neuromodulation Market Size, Status and Forecast 2019-2025. It is complete Research Study and Industry Analysis of Neuromodulation market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.