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Analysis of Neuromodulation Market 2019-2024: Industry Trends, Share, Size, Price, Revenue, Business Strategy, Production Technology Forecast to 2024

Neuromodulation

The “Neuromodulation Market” research report 2019 delivers comprehensive information about the market ranging from the establishment to the predictable growth trend. Neuromodulation market report provides brief analytical data of the market contenders globally using advanced methodological approaches, such as SWOT analysis, production chain, cost, sales margin, financial details, recent developments. Neuromodulation market report also offers market competitors that includes detailed company profiles along with company product specifications.

Market Overview:

  • Neurological diseases are frequent in older adults, affecting around 55% of people age 55 and older. They are associated with a high risk for adverse health outcomes, including mortality, disability, institutionalization, and hospitalization. Degenerative diseases, like dementia and Parkinson’s disease, as well as strokes and headaches, are frequently encountered neurological diseases in elderly patients. Neuromodulation is an intracranial, electrical neuromodulation therapy that has FDA approval for the treatment for most of the neurological diseases such as bladder control, headache, tremors, chronic pain, stroke, minimally conscious state, and spinal cord injury, which are most commonly found in the elderly population. The proven efficacy and improving acceptance of this technology are expected to lead to the surge in the market demand during the forecast period.

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    In Neuromodulation Market Report, Following Companies Are Covered:

  • Medtronic PLC
  • Boston Scientific Corporation
  • St. Jude Medical Inc.
  • Synapse Biomedical Inc.
  • Nevro Corporation
  • Neurosigma Inc.
  • Neuropace Inc.
  • Neuronetics Inc.
  • Cyberonics Inc.
  • BioControl Medical

    Neuromodulation Market 2019 report will help the industry aspirants in arranging their strategies. The measurements offered in this report will be an exact and helpful manual to shape the business development. Additionally, will Provide historical data along with a future forecast and detailed analysis and also expected opportunities.

    Scope of the Report:

  • Neuromodulators are a subset of neurotransmitter. Unlike neurotransmitters, the release of neuromodulators occurs in a diffuse manner. This means that an entire neural tissue may be subject to the neuromodulator’s action due to exposure. This, in turn, can tune the neural circuitry of an entire brain region and not just that of an individual neuron.

    Reasons for Buying Neuromodulation Market Report:

    • This report provides pin-point analysis for changing competitive dynamics
    • It provides a forward looking perspective on different factors driving or restraining market growth
    • It provides a five-year forecast assessed on the basis of how the market is predicted to grow
    • It helps in understanding the key product segments and their future
    • It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
    • It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments

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    Key Market Trends:

    Spinal Cord Stimulation (SCS) Holds the Largest Market Share in the Internal Neuromodulation Type

    The process of numbing/reducing chronic pain by passing continuous low voltage electric current to the spinal cord is referred to as spinal cord stimulation (SCS). The SCS devices are FDA approved and are the most widely accepted neurostimulation techniques across the world. These devices are of basic three types namely, rechargeable, conventional, and radiofrequency systems. SCS is used in neurological problems, such as nerve damage, arachnoiditis, failed-back surgery syndrome, neuropathy, complex regional pain syndrome, and neuritis. Along with the associated benefits and effectiveness, SCS also has some pitfalls, such as overstimulation, intermittent stimulation, lead dispositioning, and device malfunctioning. However, the benefits of the SCS outrank the pitfalls, thus boosting the segment’s growth over the forecast period.

    North America Captured the Largest Market Share and is Expected to Retain its Dominance

    North America dominated the overall neuromodulation market with the United States accounting as the major contributor to the market. The presence of major market players and huge pharmaceutical and biopharmaceutical industries, coupled with the rising investments in the country for the adoption of advanced technologies, is expected to boost the regional growth of the market over the forecast period. In addition, the rising concern about the prevalence of neurological disorder and other associated disorders is stimulating the need for the adoption of neuromodulation techniques. Asia-Pacific, on the other hand, is expected to grow with the fastest growth rate over the forecast period.

    The Research Document Will Answer Following Questions Such as:

    • What are the cutting-edge technologies responsible for driving the growth of the market?
    • What are the main applications of the market? What are the growth prospects to the market applications into the market?
    • At what stage of development are the key market products?
    • What are the shortcomings that has to face to become commercially viable? Is their growth and commercialization dependent on cost declines or technological/application breakthroughs?
    • What is the outlook for the industry?
    • What difference does performance characteristics of Neuromodulation create from those of established entities?

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    Detailed TOC of Neuromodulation Market Report 2019-2024:

    1 INTRODUCTION
    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study

    2 RESEARCH METHODOLOGY

    3 EXECUTIVE SUMMARY

    4 MARKET DYNAMICS
    4.1 Market Overview
    4.2 Market Drivers
    4.2.1 Rising Prevalence of Neurological Disorders
    4.2.2 Increase in the Aging Population
    4.2.3 Strong Product Pipeline
    4.2.4 Expanded Target Applications and New Indications
    4.2.5 Growing Investments
    4.3 Market Restraints
    4.3.1 Inconsistent Reimbursement Policies
    4.3.2 Lack of Trained Professionals
    4.4 Porter’s Five Forces Analysis
    4.4.1 Threat of New Entrants
    4.4.2 Bargaining Power of Buyers/Consumers
    4.4.3 Bargaining Power of Suppliers
    4.4.4 Threat of Substitute Products
    4.4.5 Intensity of Competitive Rivalry

    5 MARKET SEGMENTATION
    5.1 By Technology
    5.1.1 Internal Neuromodulation
    5.1.1.1 Spinal Cord Stimulation (SCS)
    5.1.1.2 Deep Brain Stimulation (DBS)
    5.1.1.3 Vagus Nerve Stimulation (VNS)
    5.1.1.4 Sacral Nerve Stimulation (SNS)
    5.1.1.5 Gastric Electrical Stimulation (GES)
    5.1.2 External Neuromodulation (Non-Invasive)
    5.1.2.1 Transcutaneous Electrical Nerve Stimulation (TENS)
    5.1.2.2 Transcranial Magnetic Stimulation (TMS)
    5.1.2.3 Respiratory Electrical Stimulation (RES)
    5.2 By Application
    5.2.1 Parkinson’s disease
    5.2.2 Depression
    5.2.3 Chronic Pain
    5.2.4 Failed Back Surgery
    5.2.5 Ischemia
    5.2.6 Urine Incontinence
    5.2.7 Fecal Incontinence
    5.2.8 Epilepsy
    5.2.9 Gastroparesis
    5.2.10 Other Applications
    5.3 Geography
    5.3.1 North America
    5.3.1.1 US
    5.3.1.2 Canada
    5.3.1.3 Mexico
    5.3.2 Europe
    5.3.2.1 Germany
    5.3.2.2 UK
    5.3.2.3 France
    5.3.2.4 Italy
    5.3.2.5 Spain
    5.3.2.6 Rest of Europe
    5.3.3 Asia-Pacific
    5.3.3.1 China
    5.3.3.2 Japan
    5.3.3.3 India
    5.3.3.4 Australia
    5.3.3.5 South Korea
    5.3.3.6 Rest of Asia-Pacific
    5.3.4 Middle East & Africa
    5.3.4.1 GCC
    5.3.4.2 South Africa
    5.3.4.3 Rest of Middle East & Africa
    5.3.5 South America
    5.3.5.1 Brazil
    5.3.5.2 Argentina
    5.3.5.3 Rest of South America

    6 COMPETITIVE LANDSCAPE
    6.1 Company Profiles
    6.1.1 Medtronic PLC
    6.1.2 Boston Scientific Corporation
    6.1.3 St. Jude Medical Inc.
    6.1.4 Synapse Biomedical Inc.
    6.1.5 Nevro Corporation
    6.1.6 Neurosigma Inc.
    6.1.7 Neuropace Inc.
    6.1.8 Neuronetics Inc.
    6.1.9 Cyberonics Inc.
    6.1.10 BioControl Medical

    7 MARKET OPPORTUNITIES AND FUTURE TRENDS

     

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