The Neuromodulation Market report by The Insight Partners unfolds the current market landscape rationally on the basis of Product, Applications, and End-User, giving a broad view of the major market developments, key market initiatives, and ongoing market trends during the forecast period.
Rising cases of neurological disorders and growth in the geriatric population is expected to propel the neuromodulation market growth in the coming years. Technological advancements and the rising cases of Alzheimer and Parkinson’s disease is expected to offer significant growth opportunities in the neuromodulator market during the forecast period.
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Neuromodulation is the process of regulating the activity of nerves by controlling the physiological level of neurotransmitters. These modifications are brought about with the help of various devices or by drug infusion. These devices contain small electrodes that are placed on the spinal cord, brain or the peripheral nerves. Neurological disorders such as, cerebrovascular diseases, Alzheimer disease and Parkinson’s disease affect the neurological functioning of the body and hence can be treated with the help of neuromodulation.
Key Players:
1.Abbott
2. Boston Scientific Corporation
3. Integer Holdings Corporation
4. Magstim
5. Medtronic
6. NeuroPace, Inc.
7. NeuroSigma, Inc.
8. Nevro Corp.
9. Synapse Biomedical Inc.
10. Soterix Medical Inc
Neuromodulation Market – Global Analysis to 2027 is an expert compiled study which provides a holistic view of the market covering current trends and future scope with respect to product/service, the report also covers competitive analysis to understand the presence of key vendors in the companies by analyzing their product/services, key financial facts, details SWOT analysis and key development in last three years.
Further chapter such as industry landscape and competitive landscape provides the reader with recent company level insights covering mergers and acquisitions, joint ventures, collaborations, new product developments/strategies taking place across the ecosystem. The chapters also evaluate the key vendors by mapping all the relevant products and services to exhibit the ranking/position of top 5 key vendors.
The global neuromodulation market is segmented on the basis of technology end user. Based on technology, the neuromodulation market is segmented as, external (non-invasive) neuromodulation and internal neuromodulation. The segment of external (non-invasive) neuromodulation is further classified as, respiratory electrical stimulation (RES), transcutaneous electrical nerve stimulation (TENS) and transcranial magnetic stimulation (TMS). Internal neuromodulation is further classified as, deep brain stimulation (DBS), sacral nerve stimulation (SNS), gastric electrical stimulation (GES), spinal cord stimulation (SCS), and vagus nerve stimulation (VNS). Based on end user, neuromodulation market is segmented as, hospitals, clinics and home healthcare.
Key Reasons:
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Neuromodulation market.
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the global Neuromodulation market, thereby allowing players across the value chain to develop effective long-term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution.
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