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Neuromodulation Devices Market by Technology (Deep Brain Stimulation, Spinal Cord Stimulation) and Biomaterial (Metallic, Polymeric, Ceramic) – Global Opportunity Analysis and Forecast, 2014 – 2022

Monday, October 10, 2016 23:34
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(Before It's News)

Neuromodulation is the alteration of nerve activity by delivering electrical impulses directly to a target area. 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. Growth in the Neuromodulation devices market is attributed to increasing prevalence of neurological disorders due to rapidly rising geriatric population, increasing adoption of neuromodulation devices in developed countries, and growing focus of big players, such as Medtronic and Boston Scientific, on R&D in the segment.

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The world neuromodulation devices market is estimated to reach $11,717 million by 2022. The market is expected to be driven by the increasing awareness about the safety and efficacy of neuromodulation devices, rising prevalence of neurological disorders and rising number of clinical trials worldwide for the development of innovative technologies in the field of neuromodulators. However, lack of trained healthcare professionals and stringent approval policies restrain the market growth.

Key Market Benefits

The study provides an in-depth analysis of the world neuromodulation devices market with current trends and future estimations to elucidate the imminent investment pockets.

The report provides a quantitative analysis from 2014 to 2022, which is expected to enable the stakeholders to capitalize on prevailing market opportunities.

The world neuromodulation devices market is segmented based on technology, applications, material and geography.

By Technology

Internal neuromodulation

Deep Brain Stimulation

Sacral Nerve Stimulation

Vagus Nerve Stimulation

Spinal Cord Stimulation

Other Neuromodulation Technologies

External neuromodulation

Transcutaneous Electrical Nerve Stimulation

Transcranial Magnetic Stimulation

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By Application

Chronic Pain Management

Failed back syndrome

Epilepsy

Tremor

Urinary and Fecal Incontinence

Depression

Dystonia

Gastroparesis

Parkinson’s disease

Obsessive-Compulsive Disorder

Migraine

Other Applications

By Biomaterial

Metallic Biomaterials

Polymeric Biomaterials

Ceramic Biomaterials

By Region

North America

U.S.

Canada

Mexic

Europe

Germany

UK

France

Italy

Spain

Rest of Europe

Asia-Pacific

Japan

China

India

South Korea

Malaysia

Rest of Asia-Pacific

LAMEA

Brazil

Israel

South Africa

Saudi Arabia

Rest of LAMEA

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