Neurostimulation Devices Market Industry Analysis, Growth By Application, Region and Forecast to 2027


Market Size – USD 5.60 billion in 2019, Market Growth - CAGR of 12.6%, Market Trends – Increasing adoption of artificial intelligence and machine learning

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The global Neurostimulation Devices Market will be worth USD 13.70 Billion by 2027, according to a current analysis by Emergen Research. The growth of this market can be attributed to the increasing prevalence of chronic nervous disorders. The rising demand for minimally invasive surgeries due to the growing preference among patients and doctors for faster recovery and shorter hospital stays is expected to drive the growth of neurostimulation devices. The increasing prevalence of neurological disorders, such as epilepsy, Dystonia, Parkinson's diseases, is most likely to drive the demand for neurostimulation devices.

The report provides detailed insights into Neurostimulation Devices Market size, market trends, industry trends, consumer trends, market forecast, revenue share growth, along with ranging impacts of each driver on market size. It also provides analysis of various factors expected to restrain or limit potential growth in Neurostimulation Devices Market size over the forecast period, 2020–2028. The report includes profiles of major players in the In-vehicle infotainment market, strategies being employed/deployed, mergers, acquisitions, recent developments, agreements, contracts, new product development and launches, segment revenue, investment details as well as financials.

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In addition, rapidly rising demand and deployment in respective sectors/industries in major and developing countries is supporting growth in terms of Neurostimulation Devices Market share contribution of these countries. In addition, Neurostimulation Devices Market share contribution is expected to continue to incline steadily over the forecast period due to favorable government policies, advancements in technology, and steady economic growth across various regions and countries.

Top key vendors in Neurostimulation Devices Market include are:

BOSTON SCIENTIFIC CORPORATION, ST. JUDE MEDICAL, MEDTRONIC, NEURONETICS, INC., Codman Shurtleff, Inc., NEVRO CORPORATION, INTRAPACE, Abbott Laboratories, LivaNova PLC, and Bayer AG, among others.

Emergen Research has segmented the global Neurostimulation Devices Market on the basis of Product, Application, and region:

Product Outlook (Revenue, USD Billion; 2017-2027)

Sacral Nerve stimulator

Spinal Cord Stimulator

Vagus Nerve Stimulator

Gastric Electric Stimulators

Deep Brain Stimulators

Application Outlook (Revenue, USD Billion; 2017-2027)

Epilepsy

Depression

Dystonia

Gastroparesis

Pain management

Urinary and Fecal Incontinence

Essential Tremor

Parkinson’s Disease

Others

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Region wise performance of the In-vehicle infotainment industry

In terms of Neurostimulation Devices Market size, North America is expected to remain dominant among the other regional markets over the forecast period. Presence of major companies in countries in the region is a key factor supporting Neurostimulation Devices Market size growth.

Asia Pacific Neurostimulation Devices Market size is expected to remain steady, and register fastest revenue growth rate between 2020 and 2028. Rapid revenue growth rate in countries such as China and India is attributable to rapid growth in Neurostimulation Devices Market size in Asia Pacific, and the trend is expected to continue going ahead.  

Continuous developments in countries in Europe is expected to support growth in regional market size over the forecast period.

Geographically, this report studies the key regions, focuses on product sales, value, market share and growth opportunity in these regions, covering:

  • United States
  • Europe
  • China
  • Japan
  • Southeast Asia
  • India

The research provides answers to the following key questions:

  • What will be the growth rate and the market size of the In-vehicle infotainment industry for the forecast period 2020-2027?
  • What are the major driving forces expected to impact the development of the Neurostimulation Devices Market across different regions?
  • Who are the major driving forces expected to decide the fate of the In-vehicle infotainment industry worldwide?
  • Who are the prominent market players making a mark in the Neurostimulation Devices Market with their winning strategies?
  • Which In-vehicle infotainment industry trends are likely to shape the future of the industry during the forecast period 2020-2027?
  • What are the key barriers and threats believed to hinder the development of the industry?
  • What are the future opportunities in the In-vehicle infotainment market?

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