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Neuromodulation Market - Global Opportunity Analysis and Industry Forecast, 2014 - 2022\", projects that the world neuromodulation market is expected to reach $11,717 million by 2022, registering a CAGR of 13.1% from 2016 to 2022. External neuromodulators are projected to grow with the fastest CAGR of 14.7%, as they are used externally by the body and hence the risks of implantation can be reduced. Transcutaneous Electrical Nerve Stimulation (TENS) devices occupy over three-fourths share of external neuromodulation devices. \n\nView more about report at: https://www.alliedmarketresearch.com/neurostimulation-devices-market

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Neuromodulation

Market

Global Opportunity Analysis and Industry Forecast,

2014 - 2022

Page No: 127

Publish: 2016


NEUROMODULATION MARKET

OVERVIEW

  • Neuromodulation is the physiological process by which a given neuron uses one or more chemicals to regulate diverse populations of neurons. This is in contrast to classical synaptic transmission, in which one presynaptic neuron directly influences a single postsynaptic partner.

  • Amongst the internal neuromodulation devices, spinal cord stimulation (SCS) is highest generator in the global market, owing to the growing number of product approvals and positive clinical outcomes. 

  • A new report published by Allied Market Research, titled, "Neuromodulation Market - Global Opportunity Analysis and Industry Forecast, 2014 - 2022", projects that the world neuromodulation market is expected to reach $11,717 million by 2022, registering a CAGR of 13.1% from 2016 to 2022. 


NEUROMODULATION MARKET KEY FINDINGS

  • Spinal cord stimulation (SCS) segment generated the highest revenue in 2015, and is projected to grow at a CAGR of 12.1% during the forecast period.

  • Metallic biomaterial is the major component of neurostimulators.

  • Repetitive Transcranial Magnetic Stimulation (RTMS) segment is expected grow at a CAGR of 16.0%.

  • By country, the U.S. led the global neuromodulation market.

  • Germany accounted for about one-third share of the European neuromodulation market in 2015.


KEY BENEFITS OF THE REPORT

  • The study provides an in-depth analysis of the world neuromodulation 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 report provides actual historical figures for 2014 and 2015 and provides Y-o-Y forecasts for 2016 to 2022, considering 2015 as base year.

  • SWOT analysis studies the internal environment of the leading companies for strategy formulation.



KEY PLAYERS IN INDUSTRY

  • Medtronic plc

  • St. Jude Medical Inc

  • LivaNovaPLC

  • Boston Scientific Corporation

  • AlevaNeurotherapeuticsSA

  • BioControlMedical

  • BionessInc

  • EnteroMedicsInc

  • Nevro Corporation and NeuroPaceInc





NEUROMODULATION MARKET BY REGION

  • North America, Europe, Asia-Pacific, LAMEA


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https://www.alliedmarketresearch.com/neurostimulation-devices-market

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