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Nerve Repair and Regeneration Market: Global Opportunity Analysis and Industry Forecast, 2017-2023

Nerve Repair and Regeneration Market: Global Opportunity Analysis and Industry Forecast, 2017-2023

  • May 2017
  • 150 pages
  • ID: 5281611

Summary

Table of Contents

Nerve Repair and Regeneration Market by Surgery [Direct Neuropathy by Type (Epineural Repair, Perineural Repair, and Group Fascicular Repair), Nerve Grafting by Type (Autografts, Allografts, and Xenografts), Neuromodulation Surgery (External and Internal), and Stem Cell Therapy] and Product [Biomaterial by Type (Nerve Conduits, Nerve Protectors, Nerve Wraps, and Nerve Connectors) and Neuromodulation Surgery Devices by Type (External by Type (Transcutaneous Electrical Nerve Stimulation and Transcranial Magnetic Stimulation) and Internal by Type (Spinal Cord Stimulation, Deep Brain Stimulation, Sacral Nerve Stimulation, Vagus Nerve Stimulation, and Others)]: Global Opportunity Analysis and Industry Forecast, 2017-2023

Patients with serious nervous system injuries or strokes often require lifelong assistance, which burdens patients, their families, and society. Innovative, paradigm shifting strategies are required to develop treatments for neurological injury.

Early diagnosis and treatment can prevent complications and permanent injuries. The techniques of nerve repair and regeneration aid to cure the disorders such Alzheimer’s disease, Parkinson disease, and other neurological disorders.

The global nerve repair and regeneration market was valued at $5,927 million in 2016, and is estimated to garner $13,938 million by 2023, registering a CAGR of 13.0% from 2017 to 2023. The major factors that enhance the market growth are increase in geriatric population, rise in incidence of neurological & epidemic disorders, and launch of innovative products for nerve repair & regeneration. However, stringent regulatory requirements delay product approvals, thereby restraining the market growth.

The global nerve repair and regeneration market is segmented on the basis of surgery, product, and geography. Based on surgery, the market is classified into direct neuropathy, nerve grafting, neuromodulation surgery, and stem cell therapy.

The neuromodulation surgeries segment contributed the highest share in 2016, owing to increase in patients suffering from neural disorders. Direct neuropathy is categorized into epineural repair, perineural repair, and group fascicular repair. Nerve grafting is subsegmented into autografts, allografts, and xenografts.

Nerve modulation surgery is bifurcated into external and internal. By product, the market is divided into biomaterials and neuromodulation surgery devices. Neuromodulation surgery devices contributed the highest share in 2016, owing to the wide range of product offering for nerve repair.

Biomaterial is classified into nerve conduits, nerve protectors, nerve wraps, and nerve connectors. Neuromodulation surgery devices is subsegmented into external and internal. External is further segmented into transcutaneous electrical nerve stimulation and transcranial magnetic stimulation. Internal is divided into spinal cord stimulation, deep brain stimulation, sacral nerve stimulation, vagus nerve stimulation, and others.

Geographically, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. The North American market accounted for a significant share in 2016, owing to growth in number of patients suffering from neurological disorders.

KEY BENEFITS FOR STAKEHOLDERS
The study provides an in-depth analysis of the global nerve repair and regeneration market and the current trends & future estimations to elucidate the imminent investment pockets.
The report provides quantitative analysis of the industry from 2016 to 2023 to enable stakeholders to capitalize on the prevailing opportunities.
Extensive analysis of the market based on the surgeries and product elucidate the prevailing opportunities in these segments.
Comprehensive analysis of geographical regions is provided to determine the regional opportunities.
The key players operating in the market and their strategies are profiled to determine the competitive outlook of the market.

KEY MARKET SEGMENTS

By Surgery
Direct Neuropathy
Epineural Repair
Perineural Repair
Group Fascicular Repair
Nerve Grafting
Autografts
Allografts
Xenografts
Stem Cell Therapy
Neuromodulation Surgery
External Neuromodulation Surgery
Internal Neuromodulation Surgery

By Product
Biomaterials
Nerve Conduits
Nerve Protectors
Nerve Wraps
Nerve Connectors
Neuromodulation Surgery Devices
External Neuromodulation Surgery
Transcutaneous Electrical Nerve Stimulation
Transcranial Magnetic Stimulation
Internal Neuromodulation Surgery
Spinal Cord Stimulation
Deep Brain Stimulation
Sacral Nerve Stimulation
Vagus Nerve Stimulation
Others

By Geography
North America
U.S.
Canada
Mexico
Europe
UK
France
Germany
Italy
Spain
Rest of Europe
Asia-Pacific
Japan
China
India
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa

KEY PLAYERS PROFILED IN THE REPORT
AxoGen Inc. (U.S.)
Baxter International (U.S.)
Boston Scientific Incorporation (U.S.)
Cyberonics Inc. (U.S.)
Integra Lifesciences Corporation (U.S.)
Medtronic plc (U.S.)
Orthomed S.A.S. (France)
Polyganics B.V. (Netherlands)
St. Jude Medical (U.S.)
Stryker Corporation (U.S.)

OTHER PLAYERS IN THE VALUE CHAIN
(These players are not profiled in the report, but can be included on request)
Alafair Biosciences Inc.
Covidien Plc.
GlaxoSmithKline Pharmaceuticals Ltd.
NeuroMetrix, Inc.
Synapse Biomedical, Inc.
Convergent Technologies
Autonomic Technologies

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