Astute Analytica’s recently published report on the Global Neurostimulation Devices Market offers the latest data and determines growth prospects and challenges. A tool for evaluating the potential for new goods and services is the constraints and opportunity analysis. This aids businesses in locating and forecasting market opportunities.
The study also contains a compilation of qualitative and quantitative evaluations made by subject-matter experts in their fields as well as representatives from various industries found all along the supply chain.
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According to the report, the size of the Global neurostimulation devices market was valued at US$ 8,275.6 Mn in 2022 and is estimated to reach a valuation of US$ 18,318.4 Mn by 2031, registering a CAGR of 9.7% over the forecast period 2023-2031. On the other hand, by volume, the market is projected to grow at a CAGR of 8.3% during the same period. The paper discusses further findings that researchers made based on the comprehensive data and also offers information on the state of the market.
The paper discusses kinds and applications based on various nations and important locations. The market’s most active companies are described in detail with regard to attributes like corporate portfolio, business strategy, financial overview, recent developments, and industry share.
Leading Companies
- Abbott Laboratories
- Advanced Bionics
- B. Braun Melsungen AG
- Boston Scientific Corporation
- BrainsWay
- Cochlear
- CONMED Corporation
- KONINKLIJKE PHILIPS
- Laborie Medical Technologies, Inc.
We continuously monitor the direct impact COVID-19 (Update Omicron mutations study) has on the market, in addition to the indirect influence of related industries. The report will contain the observations.
The geographical regions are divided into several major categories for production, consumption, revenue (in US dollars), and market share in this analysis. We’ll discuss the predicted growth of the market in this region between 2021 and 2031.
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Segmentation Overview
The following are the various segments of the global neurostimulation devices market:
By Device Type:
- Implantable Device
- Cochlear Implants (CI)
- Sacral Nerve Stimulation (SNS)
- Gastric Electric Stimulation (GES)
- Deep Brain Stimulation (DBS)
- Vagus Nerve Stimulation (VNS)
- Spinal Cord Stimulation (SCS)
- External Device
- Transcranial Magnetic Stimulation (TMS)
- Transcutaneous Electrical Nerve Stimulation (TENS)
By Application:
- Pain Management
- Hearing Loss
- Urinary Incontinence
- Parkinson’s Disease
- Epilepsy
- Gastroparesis
- Depression
- Others
By End User:
- Hospitals/Clinics
- Cognitive Care Centres
- Research Institutes
- Others
By Region:
- North America
- The U.S.
- Canada
- Mexico
- Europe
- Western Europe
- The UK
- Germany
- France
- Italy
- Spain
- Rest of Western Europe
- Eastern Europe
- Poland
- Russia
- Rest of Eastern Europe
- Western Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Australia & New Zealand
- Rest of APAC
- Middle East & Africa (MEA)
- UAE
- Saudi Arabia
- South Africa
- Rest of MEA
- South America
- Argentina
- Brazil
- Rest of South America
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