According to a new market report published by Lucintel, the future of the neurostimulation market looks promising with opportunities in the hospitals and scientific research laboratories. The global neurostimulation market is expected to grow with a CAGR of 11% from 2019 to 2024. The major drivers for this market are rise in the aging population that is having chronic diseases and increase in the usage of neurosimulation therapies.
In this market, spinal cord stimulator, deep brain stimulator, sacral nerve stimulator, vagus nerve stimulator, and gastric electric stimulator are the major product segment. Spinal cord stimulator is the largest product type.
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.
Boston Scientific, Medtronic, Cyberonics, NeuroPace, St. Jude Medical, and NeuroSigma are among the major manufacturers of neurostimulation market.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global neurostimulation market by product, application, end user, and region .Lucintel has prepared a comprehensive research report entitled "Global Neurostimulation Market 2019-2024: Trends, Forecast, and Opportunity Analysis". This 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 global neurostimulation market by product, application, end user, and region as follows:
By Product [$m shipment analysis for 2013 – 2024]:
Spinal Cord Stimulator
Deep Brain Stimulator
Sacral Nerve Stimulator
Vagus Nerve Stimulator
Gastric Electric Stimulator
By Application [$M shipment analysis for 2013 – 2024]:
Pain Management
Epilepsy
Essential Tremors
Urinary And Fecal Incontinence
Depression
Dystonia
Gastroparesis
Parkinson’s Disease
Others
By End-User [$M shipment analysis for 2013 – 2024]:
Hospitals
Scientific Research Laboratories
Others
By Region [$M shipment analysis for 2013 – 2024]:
United States
Canada
Mexico
United kingdom
Germany
France
Italy
Spain
This research 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 helpdesk@lucintel.com.
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