According to a new market research report, ‘Neurostimulation Market’, published by MarketsandMarkets (www.marketsandmarkets.com), the global market for neurostimulation products is expected to be worth $3.6 billion in 2009, and expected to reach $10.2 billion by 2014, driven by the multiple treatment applications of neurostimulation products, and the emergence of venture capital in the industry.
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The Global Neurostimulation report analyzes the neurostimulation products, applications and technology market over the period 2009-2014. The report studies the major market drivers, restraints, and opportunities for the global neurostimulation market; and also evaluates the major trends in the macro- and micro-markets with respect to different geographic regions.
The steadily rising demand for neurostimulation treatment is mainly driven by the rising incidence of neurological disorders across the globe, the unsatisfactory outcome of existing treatments, and the increasing consumer focus on improving the quality of life and on reducing treatment cost, hospitals stays, and post-treatment side effects.
Neurosurgeons too are seeking more efficient surgical techniques that involve fewer complexities in the treatment of neurodisorders. Neurostimulation treatments are rapidly gaining popularity also because they are minimally-invasive procedures that have a longer-lasting effect than conventional treatments. This report segments the neurostimulation market into the submarkets for (neurostimulation) products, applications, and technologies.
SCOPE AND FORMAT
The report analyzes the global biomarker market into the following segments:
• Product Market (spinal cord stimulator, deep brain stimulator, vagus nerve stimulator, sacral nerve stimulator, and gastric electrical stimulator )
• Application Market (Alzheimer’s, Parkinson’s, chronic heart failure, essential tremors, eye disorders, paralysis, obesity, and other medical conditions )
• Technology Market (minimally-invasive and non-invasive stimulation technology )
The market data consists of aggregate sales figures of all neurostimulation submarkets. It analyzes the market aspects of new neurostimulation technologies and product launches; sourcing key market developments from the top companies that it profiles. The report also analyzes the documented claims and the neurostimulation technology patents approved over the last five years to provide an in-depth understanding of neurostimulation products and applications.
Analyst Briefings on 8th Oct 2009
The Healthcare practice at MarketsandMarkets is pleased to announce its Analyst Briefing Presentation on the Global Neurostimulation Market to be held on 8th Oct
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http://www.marketsandmarkets.com/AnalystBriefing/neurostimulation-market.asp
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