The global neurostimulation market report, published by GMI Research, provides extensive insight and analysis of the global neurostimulation market over the forecast period (2020-2027). The report primarily focuses on the key business financials, product portfolio, expansion strategies, and recent developments in the global neurostimulation market. The research report also studies the competitive environment of the neurostimulation market based on the company profiles and their efforts on increasing product value and production.

Leading Players in the Global Neurostimulation Market

The notable players in the global neurostimulation market include Cyberonics, Inc., Nevro Corp, NeuroSigma, Inc., Synapse Biomedical Inc., NeuroPace, Inc., Boston Scientific Corporation, Medtronic plc, DePuy Synthes, and MED-EL., among others.

Key Drivers in the Global Neurostimulation Market

The major factors responsible for the growth of the neurostimulation market size include the growing prevalence of neurological disorders, such as epilepsy, dystonia, depression, parkinson’s disease, migraine, and chronic pain. Additionally, the increasing clinical needs, rising number of research activities, and continuous advancement in neural stimulation technology in combination with a deeper understanding of the nervous system will further energize the demand of the market over the coming years.

The implantable spinal cord stimulators product type segment is anticipated to lead the market over the forecast period owing to the increasing clinical trials for the treatment of new indications. Furthermore, the accelerating adoption of spinal cord stimulators as compared to the conventional treatments will further drive the demand of the global neurostimulation market.

Market Segmentation

Global Neurostimulation Market by Product Type:

Implantable
o Deep Brain Stimulators

o Sacral Nerve Stimulator

o Spinal Cord Stimulators

o Vagus Nerve Stimulators

o Others

Non-implantable
o Transcranial Magnetic Stimulation (TMS)

o Transcutaneous Electrical Nerve stimulation (TENS)

Global Neurostimulation Market by Indication:

Chronic pain
Movement disorders
Epilepsy
Others
Global Neurostimulation Market by End User:

Hospitals
Ambulatory Surgical Centers
Specialty Clinics
Global Neurostimulation Market by Region:

North America
o United States of America

o Canada

Asia Pacific
China
Japan
India
Rest of APAC
Europe
United Kingdom
Germany
France
Spain
Rest of Europe
RoW
Brazil
South Africa
Saudi Arabia
UAE
Rest of the world (remaining countries of the LAMEA region)

About GMI Research

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