According to a new market report published by Lucintel, the future of the nerve repair and regeneration market looks promising with opportunities in the hospitals and clinics and ambulatory surgery center. The nerve repair and regeneration market is expected to grow with a CAGR of 13% from 2019 to 2024. The major drivers for this market are high incidence of nerve injuries, rising geriatric population and subsequent growth in the prevalence of neurological disorders.
In this market, neurostimulation and neuromodulation devices and biomaterials are the major product type. Neurostimulation and neuromodulation devices is the largest segment of the nerve repair and regeneration market.
Neurostimulation and neuromodulation surgeries, direct nerve repair/ neurorrhaphy, nerve grafting, and stem cell therapy are the major application of the nerve repair and regeneration market. Stem cell therapy is the largest segment of the nerve repair and regeneration market.
North America will remain the largest region over the forecast period due to increasing incidence of neurological disorders and supportive health insurance coverage scenario in the region and availability of technologically advanced devices owing to the presence of major market players.
Axogen, Baxter, Boston Scientific, Livanova, Integra Lifesciences, Medtronic, Abbott Laboratories, Stryker, Polyganics, Nuvectra, Neuropace, Orthomed, and Nevro are among the major manufacturers of nerve repair and regeneration.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the nerve repair and regeneration market by product, application, end user, and region. Lucintel has prepared a comprehensive research report titled " Nerve Repair and Regeneration Market 2019-2024: Trends, Forecast, and Opportunity Analysis". The Lucintel report serves as a catalyst for growth strategy as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the nerve repair and regeneration market by product, application, end user, and region as follows:
By Product [$M shipment analysis for 2013 – 2024]:
• Neurostimulation and Neuromodulation Devices
• Biomaterials
By Application [$M shipment analysis for 2013 – 2024]:
• Neurostimulation and Neuromodulation Surgeries
• Direct Nerve Repair/ Neurorrhaphy
• Nerve Grafting
• Stem Cell Therapy
By End User [$M shipment analysis for 2013 – 2024]:
• Hospitals and Clinics
• Ambulatory Surgery Center
By Region [$M shipment analysis for 2013 – 2024]:
• North America
o United States
o Canada
o Mexico
• Europe
o United Kingdom
o Germany
o France
o Italy
o Spain
• Asia-Pacific
o China
o India
o Japan
• ROW
o Brazil
A report of more than 150 pages 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…… or [email protected].
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
This report addresses the following key questions:
Q.1. What are some of the most promising potential, high-growth opportunities for the nerve repair and regeneration market by product (neurostimulation and neuromodulation devices and biomaterials), application (neurostimulation and neuromodulation surgeries, direct nerve repair/ neurorrhaphy, nerve grafting, and stem cell therapy), end user (hospitals and clinics and ambulatory surgery center), and region (North America, Europe, Asia-Pacific, and ROW)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which regions will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the drivers and challenges of the nerve repair and regeneration market?
Q.5. What are the business risks and threats to the nerve repair and regeneration market?
Q.6. What are emerging trends in this nerve repair and regeneration market and the reasons behind them?
Q.7. What are some changing demands of customers in the nerve repair and regeneration market?
Q.8. What are the new developments in the nerve repair and regeneration market? Which companies are leading these developments?
Q.9. Who are the major players in this nerve repair and regeneration market? What strategic initiatives are being implemented by key players for business growth?
Q.10. What are some of the competitive products and processes in this nerve repair and regeneration area and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11. What M & A activities have taken place in the last 5 years in nerve repair and regeneration market?