Neuromodulation Market Analysis by Opportunity, trends, Growth rate, Segment and key players

Neuromodulation is the process of regulating the activity of nerves by controlling the physiological level of neurotransmitters. These modifications are brought about with the help of various devices or by drug infusion. These devices contain small electrodes that are placed on the spinal cord, brain or the peripheral nerves. Neurological disorders such as, cerebrovascular diseases, Alzheimer disease and Parkinson's disease affect the neurological functioning of the body and hence can be treated with the help of neuromodulation.

Rising cases of neurological disorders and growth in the geriatric population is expected to propel the neuromodulation market growth in the coming years. Technological advancements and the rising cases of Alzheimer and Parkinson's disease is expected to offer significant growth opportunities in the neuromodulator market during the forecast period.

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Some of the key players operating in the neuromodulation market are Abbott, Boston Scientific Corporation, Integer Holdings Corporation, Magstim, Medtronic, NeuroPace, Inc., NeuroSigma, Inc., Nevro Corp., Synapse Biomedical Inc., and Soterix Medical Inc. among others.

The global neuromodulation market is segmented on the basis of technology end user. Based on technology, the neuromodulation market is segmented as, external (non-invasive) neuromodulation and internal neuromodulation. The segment of external (non-invasive) neuromodulation is further classified as, respiratory electrical stimulation (RES), transcutaneous electrical nerve stimulation (TENS) and transcranial magnetic stimulation (TMS). Internal neuromodulation is further classified as, deep brain stimulation (DBS), sacral nerve stimulation (SNS), gastric electrical stimulation (GES), spinal cord stimulation (SCS), and vagus nerve stimulation (VNS). Based on end user, neuromodulation market is segmented as, hospitals, clinics and home healthcare.

North America is expected to contribute to the largest share in the neuromodulation market in the coming years, owing to increasing ageing population in the US and availability of better healthcare services. The demand for neuromodulation market in Asia Pacific is expected to witness significant growth during the forecast period, due to increasing prevalence of neurological disorders in the population.

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Table of Contents

  1. Introduction
  2. Key Takeaways
  3. Neuromodulation Market Landscape
  4. Neuromodulation Market - Key Industry Dynamics
  5. Neuromodulation Market Analysis- Global
  6. Neuromodulation Market Revenue And Forecasts To 2025 – By Technology
  7. Market Revenue And Forecasts To 2025 – By End User
  8. Global Market Geographical Analysis
  9. Industry Landscape
  10. Competitive Landscape
  11. Neuromodulation Market, Key Company Profiles
  12. Appendix

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Posted by on Thursday April 18 2019, 8:47 AM EDT. All trademarks acknowledged. Filed under Biotechnology, Diagnostics, Healthcare, Life Sciences, Medical Devices. Comments and Trackbacks closed. Follow responses: RSS 2.0

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