The global neurostimulation market report, published by GMI Research, provides extensive insight and analysis of the global neurostimulation market over the forecast period (2020-2027). The report primarily focuses on the key business financials, product portfolio, expansion strategies, and recent developments in the global neurostimulation market. The research report also studies the competitive environment of the neurostimulation market based on the company profiles and their efforts on increasing product value and production.
Leading Players in the Global Neurostimulation Market
The notable players in the global neurostimulation market include Cyberonics, Inc., Nevro Corp, NeuroSigma, Inc., Synapse Biomedical Inc., NeuroPace, Inc., Boston Scientific Corporation, Medtronic plc, DePuy Synthes, and MED-EL., among others.
Key Drivers in the Global Neurostimulation Market
The major factors responsible for the growth of the neurostimulation market size include the growing prevalence of neurological disorders, such as epilepsy, dystonia, depression, parkinson’s disease, migraine, and chronic pain. Additionally, the increasing clinical needs, rising number of research activities, and continuous advancement in neural stimulation technology in combination with a deeper understanding of the nervous system will further energize the demand of the market over the coming years.
The implantable spinal cord stimulators product type segment is anticipated to lead the market over the forecast period owing to the increasing clinical trials for the treatment of new indications. Furthermore, the accelerating adoption of spinal cord stimulators as compared to the conventional treatments will further drive the demand of the global neurostimulation market.
Global Neurostimulation Market by Product Type:
- Deep Brain Stimulators
- Sacral Nerve Stimulator
- Spinal Cord Stimulators
- Vagus Nerve Stimulators
- Transcranial Magnetic Stimulation (TMS)
- Transcutaneous Electrical Nerve stimulation (TENS)
Global Neurostimulation Market by Indication:
- Chronic pain
- Movement disorders
Global Neurostimulation Market by End User:
- Ambulatory Surgical Centers
- Specialty Clinics
Global Neurostimulation Market by Region:
- North America
- United States of America
- Asia Pacific
- Rest of APAC
- United Kingdom
- Rest of Europe
- South Africa
- Saudi Arabia
- Rest of the world (remaining countries of the LAMEA region)
About GMI Research
GMI Research is a market research and consulting firm which provides bespoke industry & market research to help businesses in making the toughest business decision. We know the significance of accurate data; that’s why our analyst uses a tailored methodology to study every market in detail because one size doesn’t fit all. We not only cover the traditional well-established market but also focuses on the niche market and markets in the emerging economies, where getting data and information is a challenge. This factor makes us pioneer in emerging market research space. Our syndicate reports cover multiple industries across various regions and countries.
Our in-depth market reports help propel your business with all the data, strategic inputs, and competitive intelligence to move ahead even in the most uncertain times. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research look forward to help businesses stay ahead of the curve.