According to the recent study the Neurostimulation Market is projected to grow at a CAGR of 11% from 2019 to 2024. Growth in this market is primarily driven by rise in the aging population that is having chronic diseases and increase in the usage of neurosimulation therapies.
Browse XX figures / charts and XX tables in this 150 -page report to understand trends, opportunities and forecast in neurostimulation market by product (spinal cord stimulator, deep brain stimulator, sacral nerve stimulator, vagus nerve stimulator, and gastric electric stimulator), application (pain management, epilepsy, essential tremors, urinary and fecal incontinence, depression, dystonia, gastroparesis, parkinson’s disease, and others), end-user (hospitals, scientific research laboratories, and others), and region (North America, Europe, Asia-Pacific, Rest of the World (ROW)).
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“Spinal cord stimulator market is expected to remain the largest segment during the forecast period.”
Based on product type, the neurostimulation market is segmented into spinal cord stimulator, deep brain stimulator, sacral nerve stimulator, vagus nerve stimulator, and gastric electric stimulator. Lucintel forecasts that the spinal cord stimulator market is expected to remain the largest segment.
“North America will dominate the neurostimulation market in near future.”
North America will remain the largest market over the forecast period due to growing llarge patient population base for target diseases and rising awareness among neurosurgeons related to the benefits offered by interventional neurology devices.
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Major players of neurostimulation market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. Boston Scientific, Medtronic, Cyberonics, NeuroPace, St. Jude Medical, and NeuroSigma are among the major neurostimulation providers.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/neurostimulation-market.aspx or [email protected]
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