1. Market Research
  2. > Healthcare
  3. > Pathology Market Trends

Global Market Study on Neurostimulation Devices: Deep Brain Stimulation Devices to Witness Highest Growth by 2020

  • May 2015
  • 98 pages
  • Persistence Market Research
Report ID: 3175787

Summary

Table of Contents

Neurology is a branch of medical science that deals with the diagnosis and treatment of diseases of central nerves system (CNS), autonomic nerves system (ANS), and peripheral nervous system (PNS) through medications and neurostimulation devices. A neurostimulation device delivers mild electronic signals to the nervous system, which develop tingling sensations (paresthesia) in the damaged nerve and helps in the treatment of chronic pain and neurological disorders.

The increasing prevalence of chronic pain and rising incidences of neurological diseases are some major drivers of the global neurostimulation devices market. Moreover, rising awareness about various neurological diseases, growing geriatric population, and increasing investments in research and development of innovative neurostimulation devices are also supporting the growth of this market. However, availability of alternative treatment therapies for neurological diseases and side-effects of neurostimulation therapy are some of the major restraints for the global neurostimulation devices market.

In terms of geography, North America dominates the neurostimulation devices market owing to increasing prevalence of various neurological diseases and various initiatives taken by private and government organizations to raise awareness about chronic pain and neurological disorders in the region. Furthermore, technological advancements in neurostimulation devices are also supporting the growth of the neurostimulation devices market in the region. In Europe, the neurostimulation devices market is growing due to initiatives taken by various government organizations to improve healthcare services in the region. In addition, increasing the prevalence of chronic pain and neurological disorders and growing aging population are also supporting the growth of this market in the region.

Asia Pacific represents the fastest-growing neurostimulation devices market due to growing incidence of chronic pain due to conditions such as osteoporosis and arthritis, in various countries such as China and Japan.

This report provides in-depth analysis and estimation of the neurostimulation devices market for the period 2014 – 2020, considering 2014 as the base year for the calculation. Moreover, data pertaining to current market dynamics, including market drivers, restraints, and recent developments, has been provided in the report. The neurostimulation devices market is categorized on the basis of various types of device, application, and geography. Based on the type of device, the market comprises implantable stimulation devices and external stimulation devices. The implantable stimulation device segment is further sub-segmented into spinal cord stimulation (SCS), deep brain stimulation (DBS), sacral nerve stimulation (SNS), vagus nerve stimulation (VNS), cochlear implants (CI), gastric electric stimulation (GES), and others. The external stimulation device segment includes transcutaneous electrical nerve stimulation (TENS), transcranial magnetic stimulation (TMS), and others. Based on the application, the market covers pain management, depression, Parkinson’s disease, urinary and fecal incontinence, epilepsy, hearing loss, gastroparesis, and others. On the basis of geography, the neurostimulation devices market report identifies and analyzes the market size and forecast for North America, Europe, Asia-Pacific, and Rest of the World (RoW).

Some of the major players in the neurostimulation devices market are Medtronic plc, St. Jude Medical, Inc., Boston Scientific Corporation, Cyberonics, Inc., Cochlear, Ltd., NDI Medical, LLC, NeuroPace, Inc., MED-EL, and NeuroSigma, Inc. These key market players have been profiled on the basis of attributes such as company overview, recent developments, growth strategies, sustainability, and financial overview.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 60 Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

Veronica helps you find the right report:

Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

Purchase Reports From Reputable Market Research Publishers

Infectious Disease Testing Market 2021: A 74-Country Analysis--Supplier Shares and Strategies, Test Volume and Sales Segment Forecasts, Technology and Instrumentation Review

  • $ 59500
  • Industry report
  • May 2017
  • by Venture Planning Group

This unique 68-country survey from VPGMarketResearch.com provides data and analysis not available from any other published source. The survey is designed to assist diagnostics industry executives, as well ...

Virology and Bacteriology Testing Market 2021: A 68-Country Analysis--Supplier Shares and Strategies, Test Volume and Sales Segment Forecasts, Technology and Instrumentation Review

  • $ 59500
  • Industry report
  • June 2017
  • by Venture Planning Group

This unique 68-country survey from VPGMarketResearch.com provides data and analysis not available from any other published source. The survey is designed to assist diagnostics industry executives, as well ...

Automated Microbiology Market 2021: A 68-Country Analysis--Supplier Shares and Strategies, Volume and Sales Segment Forecasts for 100 Molecular Diagnostic, Microbial Identification

  • $ 52500
  • Industry report
  • June 2017
  • by Venture Planning Group

This new 74-country survey from VPGMarketResearch.com provides granular data and analysis not available from any other published source. The survey is designed to help current suppliers and potential market ...


ref:plp2015

Reportlinker.com © Copyright 2017. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.