Global Nerve Regeneration and Repair Market is projected to reach 18.2 billion by 2024, from USD 7.5 billion in 2016 growing at a CAGR of 11.7% during the forecast period of 2017 to 2024 -Data Bridge Market Research new Insights.

Company Share Analysis:

The Global nerve regeneration and repair market report contains an in-depth profiling of the key market players, along with the recent developments (New product launches, partnerships, agreements, collaborations, and joint ventures) and strategies adopted by them to sustain and strengthen their positions in the market.

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Recent Developments:

Incidence of neurological injuries is very high, nerve regeneration and repair, a subfield of neural tissue engineering, is becoming a rapidly growing field in the discovery of new ways to recover nerve functionality after injury.
Silicone tubes, biological tubes, Synthetic tubes are used to enhance the nerve regeneration. Market is witnessing a rapid growth due to increasing geriatric population, increasing incidence of nerve injuries and neurological disorders, favorable reimbursement policies, and increased government funding.


Major Players:

Some of the major players operating in this market are-

AxoGen, Inc.,
Boston Scientific Corporation,
Alafair Biosciences,
BioControl Medical,
Medtronic,
AxoGen Inc.,
Boston Scientific Corporation,
Baxter International,
Checkpoint Surgical Inc.,
Jude Medical, Inc.,
Integra Lifesciences Corporation,
Nevro Corporation,
Orthomed S.A.S.,
Collagen Matrix, Inc.,
Cyberonics Inc.
Polyganics B.V. and Stryker Corporation among other companies.


Segmentation:

The nerve regeneration and repair market is segmented into based on product type, indication, end-user and geography.

Based on product types the market is segmented into 2 type’s biomaterial and neurostimulation segments. The neurostimulation segment dominates the market and is further classified into internal and external neurostimulation devices. Internal neurostimulation devices is further segmented into spinal cord stimulator (SCS), deep brain stimulator (DBS), vagus nerve stimulator (VNS), sacral nerve stimulator (SNS) and gastric nerve stimulator (GNS).
Based on indications into failed back surgery syndrome, conditional regional pain syndrome, eschemia, Parkinson’s disease, Alzheimer’s, urinary incontinence, faecal incontinenece, epilepsy, gastroparesis, nerve repair, nerve grafting and others. Nerve repair segment is further segmented
Based on repair type into epineural repair, perineural repair and group fascicular repair. Nerve grafting segment is also further segmented based on graft types into autograft, allograft and xenograft.


The market is segmented– Trends and Forecast to 2024

By Type

(Biomaterials (Nerve Conduits, Nerve Protectors, Nerve Wraps, Nerve Connectors),
Neurostimalation (Internal (SCS, DBS, VNS, SNS, GES), External (TENS, TMS, RES))),
By Indication

Failed Back Surgery Syndrome, Parkinson’s disease, Urinary Incontinence, Epilepsy, Gastroparesis,
Nerve Repair (Epineural, Perineural, Group Fascicular Repair),
Grafting (Autograft, Allograft, Xenograft)

By End-User

Hospitals,
Neurology Clinics,
Home Healthcare,
Community Healthcare
By Geography

North America,
Europe,
Asia-Pacific,
Middle East and Africa,
South America,
Rest of the World


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