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Neurostimulation Devices Market Size At Around US$ 23.9 Bn In 2030

 The neurostimulation devices market would grow at a CAGR of 11.57% over the predicted time frame. The market is expected to increase in value from US$ 9.96 Bn in 2022 to US$ 23.9 Bn in 2030.

Neurostimulation Devices Market Size 2022 to 2030

Key Takeaways:

  • North America neurostimulation devices market size was reached at USD 7.2 billion in 2021.
  • North America garnered market share of around 61% in 2021 and it is expected to grow at a CAGR of 10.4% from 2022 to 2030.
  • By product, the germany neurostimulation devices market was valued at USD 148 million in 2021 with a CAGR of 14% over timeframe.
  • The spinal cord trigger product segment contributed 56% revenue share in 20201. 
  • Based on product, the deep brain stimulator (DBS) segment is expected to grow at a CAGR of 12.8% from 2022 to 2030.
  • The pain management application segment drove the market in 2021 and represented the greatest income portion of over 69%.

The on neurostimulation devices Market, which provides a business strategy, research & development activities, concise outline of the market valuation, valuable insights pertaining to market share, size, supply chain analysis, competitive landscape and regional proliferation of this industry.

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Report Scope of the Hormone Replacement Therapy Market

Report CoverageDetails
Market Size by 2030USD 23.9 Billion
Growth Rate from 2022 to 2030

CAGR of 11.57%

North America Market Share in 202161%
Spinal Cord Trigger Product Segment Market Share in 202156%
Base Year2021
Forecast Period2022 to 2030
Segments CoveredTechnology, Disease Pathology, Product, Application, End Users, Geography

A recent report provides crucial insights along with application based and forecast information in the Global Neurostimulation devices Market. The report provides a comprehensive analysis of key factors that are expected to drive the growth of this market. This study also provides a detailed overview of the opportunities along with the current trends observed in the Neurostimulation devices market.

A quantitative analysis of the industry is compiled for a period of 10 years in order to assist players to grow in the market. Insights on specific revenue figures generated are also given in the report, along with projected revenue at the end of the forecast period.

Companies and Manufacturers Covered

The study covers key players operating in the market along with prime schemes and strategies implemented by each player to hold high positions in the industry. Such a tough vendor landscape provides a competitive outlook of the industry, consequently existing as a key insight. These insights were thoroughly analysed and prime business strategies and products that offer high revenue generation capacities were identified. Key players of the global Neurostimulation devices market are included as given below:

Neurostimulation devices Market Key Players

  • Medtronic PLC
  • Cyberonics
  • Boston Scientific Corp.
  • St. Jude Medical, Inc.
  • Nevro Corp.
  • MicroPort Scientific Corporation (China), 
  • Kaneka Corp. (Japan)
  • Integer Holdings Corporation
  • BALT (France)
  • Perflow Medical
  • Phenox GmbH (Germany)
  • Sensome (France)

Market Segments

By Technology

  • Aneurysm coiling & embolization devices
    • Embolic coils
      • Bare detachable coils
      • Coated detachable coils
    • Flow diversion devices
    • Liquid embolic agents
  • Cerebral balloon angioplasty & Stenting systems
    • Carotid artery stents
    • Embolic protection devices
    • Balloon catheters
  • Support devices
    • Microcatheters
    • Guidewires
  • Neurothrombectomy devices
    • Clot retrievals
    • Suction & aspiration devices
    • Snares

By Disease Pathology

  • Ischemic Strokes
  • Cerebral Aneuryms
  • Carotid Artery Stenosis
  • Arteriovenous Malformations and Fistulas
  • Other Diseases

By Product

  • Spinal Cord Stimulator
  • Deep Brain Stimulator
  • Sacral Nerve Stimulator
  • Vagus Nerve Stimulator
  • Gastric Electric Stimulator

By Application

  • Pain Management
  • Epilepsy
  • Essential Tremor
  • Urinary and Fecal Incontinence
  • Depression
  • Dystonia
  • Gastroparesis
  • Parkinson’s Disease
  • Others

By End Users

  • Hospitals & Surgical Centers
  • Ambulatory Care Centers
  • Research Laboratories & Academic Institutes

By Geography

  • North America
    • U.S.
    • Canada
  • Europe
    • U.K.
    • Germany
    • France
  • Asia-Pacific
    • China
    • India
    • Japan
    • South Korea
    • Malaysia
    • Philippines
  • Latin America
    • Brazil
    • Rest of Latin America
  • Middle East & Africa (MEA)
    • GCC
    • North Africa
    • South Africa
    • Rest of the Middle East & Africa

Report Objectives

  • To define, describe, and forecast the global neurostimulation devices market based on product, and region
  • To provide detailed information regarding the major factors influencing the growth of the market (drivers, opportunities, and industry-specific challenges)
  • To strategically analyze micromarkets1 with respect to individual growth trends, future prospects, and contributions to the total market
  • To analyze opportunities in the market for stakeholders and provide details of the competitive landscape for market leaders
  • To forecast the size of market segments with respect to four main regions—North America, Europe, Asia Pacific and the Rest of the World (RoW)2
  • To strategically profile key players and comprehensively analyze their product portfolios, market shares, and core competencies3
  • To track and analyze competitive developments such as acquisitions, expansions, new product launches, and partnerships in the neurostimulation devices market

Table of Content

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis 

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Neurostimulation Devices Market 

5.1. COVID-19 Landscape: Neurostimulation Devices Industry Impact

5.2. COVID 19 - Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

Chapter 6. Market Dynamics Analysis and Trends

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Neurostimulation Devices Market, By Technology

8.1. Neurostimulation Devices Market, by January, 2022-2030

8.1.1. Aneurysm coiling & embolization devices

8.1.1.1. Market Revenue and Forecast (2017-2030)

8.1.2. Cerebral balloon angioplasty & Stenting systems

8.1.2.1. Market Revenue and Forecast (2017-2030)

8.1.3. Support devices

8.1.3.1. Market Revenue and Forecast (2017-2030)

8.1.4. Neurothrombectomy devices

8.1.4.1. Market Revenue and Forecast (2017-2030)

Chapter 9. Global Neurostimulation Devices Market, By Disease Pathology

9.1. Neurostimulation Devices Market, by February, 2022-2030

9.1.1. Ischemic Strokes

9.1.1.1. Market Revenue and Forecast (2017-2030)

9.1.2. Cerebral Aneuryms

9.1.2.1. Market Revenue and Forecast (2017-2030)

9.1.3. Carotid Artery Stenosis

9.1.3.1. Market Revenue and Forecast (2017-2030)

9.1.4. Arteriovenous Malformations and Fistulas

9.1.4.1. Market Revenue and Forecast (2017-2030)

9.1.5. Other Diseases

9.1.5.1. Market Revenue and Forecast (2017-2030)

Chapter 10. Global Neurostimulation Devices Market, By Product

10.1. Neurostimulation Devices Market, by March, 2022-2030

10.1.1. Spinal Cord Stimulator

10.1.1.1. Market Revenue and Forecast (2017-2030)

10.1.2. Deep Brain Stimulator

10.1.2.1. Market Revenue and Forecast (2017-2030)

10.1.3. Sacral Nerve Stimulator

10.1.3.1. Market Revenue and Forecast (2017-2030)

10.1.4. Vagus Nerve Stimulator

10.1.4.1. Market Revenue and Forecast (2017-2030)

10.1.5. Gastric Electric Stimulator

10.1.5.1. Market Revenue and Forecast (2017-2030)

Chapter 11. Global Neurostimulation Devices Market, By Application

11.1. Neurostimulation Devices Market, by April, 2022-2030

11.1.1. Pain Management

11.1.1.1. Market Revenue and Forecast (2017-2030)

11.1.2. Epilepsy

11.1.2.1. Market Revenue and Forecast (2017-2030)

11.1.3. Essential Tremor

11.1.3.1. Market Revenue and Forecast (2017-2030)

11.1.4. Urinary and Fecal Incontinence

11.1.4.1. Market Revenue and Forecast (2017-2030)

11.1.5. Depression

11.1.5.1. Market Revenue and Forecast (2017-2030)

11.1.6. Dystonia

11.1.6.1. Market Revenue and Forecast (2017-2030)

11.1.7. Gastroparesis

11.1.7.1. Market Revenue and Forecast (2017-2030)

11.1.8. Parkinson’s Disease

11.1.8.1. Market Revenue and Forecast (2017-2030)

11.1.9. Others

11.1.9.1. Market Revenue and Forecast (2017-2030)

Chapter 12. Global Neurostimulation Devices Market, By End Users

12.1. Neurostimulation Devices Market, by May, 2022-2030

12.1.1. Hospitals & Surgical Centers

12.1.1.1. Market Revenue and Forecast (2017-2030)

12.1.2. Ambulatory Care Centers

12.1.2.1. Market Revenue and Forecast (2017-2030)

12.1.3. Research Laboratories & Academic Institutes

12.1.3.1. Market Revenue and Forecast (2017-2030)

Chapter 13. Global Neurostimulation Devices Market, Regional Estimates and Trend Forecast

13.1. North America

13.1.1. Market Revenue and Forecast, by January (2017-2030)

13.1.2. Market Revenue and Forecast, by February (2017-2030)

13.1.3. Market Revenue and Forecast, by March (2017-2030)

13.1.4. Market Revenue and Forecast, by April (2017-2030)

13.1.5. Market Revenue and Forecast, by May (2017-2030)

13.1.6. U.S.

13.1.6.1. Market Revenue and Forecast, by January (2017-2030)

13.1.6.2. Market Revenue and Forecast, by February (2017-2030)

13.1.6.3. Market Revenue and Forecast, by March (2017-2030)

13.1.6.4. Market Revenue and Forecast, by April (2017-2030)

13.1.7. Market Revenue and Forecast, by May (2017-2030) 

13.1.8. Rest of North America

13.1.8.1. Market Revenue and Forecast, by January (2017-2030)

13.1.8.2. Market Revenue and Forecast, by February (2017-2030)

13.1.8.3. Market Revenue and Forecast, by March (2017-2030)

13.1.8.4. Market Revenue and Forecast, by April (2017-2030)

13.1.8.5. Market Revenue and Forecast, by May (2017-2030)

13.2. Europe

13.2.1. Market Revenue and Forecast, by January (2017-2030)

13.2.2. Market Revenue and Forecast, by February (2017-2030)

13.2.3. Market Revenue and Forecast, by March (2017-2030)

13.2.4. Market Revenue and Forecast, by April (2017-2030) 

13.2.5. Market Revenue and Forecast, by May (2017-2030) 

13.2.6. UK

13.2.6.1. Market Revenue and Forecast, by January (2017-2030)

13.2.6.2. Market Revenue and Forecast, by February (2017-2030)

13.2.6.3. Market Revenue and Forecast, by March (2017-2030)

13.2.7. Market Revenue and Forecast, by April (2017-2030) 

13.2.8. Market Revenue and Forecast, by May (2017-2030) 

13.2.9. Germany

13.2.9.1. Market Revenue and Forecast, by January (2017-2030)

13.2.9.2. Market Revenue and Forecast, by February (2017-2030)

13.2.9.3. Market Revenue and Forecast, by March (2017-2030)

13.2.10. Market Revenue and Forecast, by April (2017-2030)

13.2.11. Market Revenue and Forecast, by May (2017-2030)

13.2.12. France

13.2.12.1. Market Revenue and Forecast, by January (2017-2030)

13.2.12.2. Market Revenue and Forecast, by February (2017-2030)

13.2.12.3. Market Revenue and Forecast, by March (2017-2030)

13.2.12.4. Market Revenue and Forecast, by April (2017-2030)

13.2.13. Market Revenue and Forecast, by May (2017-2030)

13.2.14. Rest of Europe

13.2.14.1. Market Revenue and Forecast, by January (2017-2030)

13.2.14.2. Market Revenue and Forecast, by February (2017-2030)

13.2.14.3. Market Revenue and Forecast, by March (2017-2030)

13.2.14.4. Market Revenue and Forecast, by April (2017-2030)

13.2.15. Market Revenue and Forecast, by May (2017-2030)

13.3. APAC

13.3.1. Market Revenue and Forecast, by January (2017-2030)

13.3.2. Market Revenue and Forecast, by February (2017-2030)

13.3.3. Market Revenue and Forecast, by March (2017-2030)

13.3.4. Market Revenue and Forecast, by April (2017-2030)

13.3.5. Market Revenue and Forecast, by May (2017-2030)

13.3.6. India

13.3.6.1. Market Revenue and Forecast, by January (2017-2030)

13.3.6.2. Market Revenue and Forecast, by February (2017-2030)

13.3.6.3. Market Revenue and Forecast, by March (2017-2030)

13.3.6.4. Market Revenue and Forecast, by April (2017-2030)

13.3.7. Market Revenue and Forecast, by May (2017-2030)

13.3.8. China

13.3.8.1. Market Revenue and Forecast, by January (2017-2030)

13.3.8.2. Market Revenue and Forecast, by February (2017-2030)

13.3.8.3. Market Revenue and Forecast, by March (2017-2030)

13.3.8.4. Market Revenue and Forecast, by April (2017-2030)

13.3.9. Market Revenue and Forecast, by May (2017-2030)

13.3.10. Japan

13.3.10.1. Market Revenue and Forecast, by January (2017-2030)

13.3.10.2. Market Revenue and Forecast, by February (2017-2030)

13.3.10.3. Market Revenue and Forecast, by March (2017-2030)

13.3.10.4. Market Revenue and Forecast, by April (2017-2030)

13.3.10.5. Market Revenue and Forecast, by May (2017-2030)

13.3.11. Rest of APAC

13.3.11.1. Market Revenue and Forecast, by January (2017-2030)

13.3.11.2. Market Revenue and Forecast, by February (2017-2030)

13.3.11.3. Market Revenue and Forecast, by March (2017-2030)

13.3.11.4. Market Revenue and Forecast, by April (2017-2030)

13.3.11.5. Market Revenue and Forecast, by May (2017-2030)

13.4. MEA

13.4.1. Market Revenue and Forecast, by January (2017-2030)

13.4.2. Market Revenue and Forecast, by February (2017-2030)

13.4.3. Market Revenue and Forecast, by March (2017-2030)

13.4.4. Market Revenue and Forecast, by April (2017-2030)

13.4.5. Market Revenue and Forecast, by May (2017-2030)

13.4.6. GCC

13.4.6.1. Market Revenue and Forecast, by January (2017-2030)

13.4.6.2. Market Revenue and Forecast, by February (2017-2030)

13.4.6.3. Market Revenue and Forecast, by March (2017-2030)

13.4.6.4. Market Revenue and Forecast, by April (2017-2030)

13.4.7. Market Revenue and Forecast, by May (2017-2030)

13.4.8. North Africa

13.4.8.1. Market Revenue and Forecast, by January (2017-2030)

13.4.8.2. Market Revenue and Forecast, by February (2017-2030)

13.4.8.3. Market Revenue and Forecast, by March (2017-2030)

13.4.8.4. Market Revenue and Forecast, by April (2017-2030)

13.4.9. Market Revenue and Forecast, by May (2017-2030)

13.4.10. South Africa

13.4.10.1. Market Revenue and Forecast, by January (2017-2030)

13.4.10.2. Market Revenue and Forecast, by February (2017-2030)

13.4.10.3. Market Revenue and Forecast, by March (2017-2030)

13.4.10.4. Market Revenue and Forecast, by April (2017-2030)

13.4.10.5. Market Revenue and Forecast, by May (2017-2030)

13.4.11. Rest of MEA

13.4.11.1. Market Revenue and Forecast, by January (2017-2030)

13.4.11.2. Market Revenue and Forecast, by February (2017-2030)

13.4.11.3. Market Revenue and Forecast, by March (2017-2030)

13.4.11.4. Market Revenue and Forecast, by April (2017-2030)

13.4.11.5. Market Revenue and Forecast, by May (2017-2030)

13.5. Latin America

13.5.1. Market Revenue and Forecast, by January (2017-2030)

13.5.2. Market Revenue and Forecast, by February (2017-2030)

13.5.3. Market Revenue and Forecast, by March (2017-2030)

13.5.4. Market Revenue and Forecast, by April (2017-2030)

13.5.5. Market Revenue and Forecast, by May (2017-2030)

13.5.6. Brazil

13.5.6.1. Market Revenue and Forecast, by January (2017-2030)

13.5.6.2. Market Revenue and Forecast, by February (2017-2030)

13.5.6.3. Market Revenue and Forecast, by March (2017-2030)

13.5.6.4. Market Revenue and Forecast, by April (2017-2030)

13.5.7. Market Revenue and Forecast, by May (2017-2030)

13.5.8. Rest of LATAM

13.5.8.1. Market Revenue and Forecast, by January (2017-2030)

13.5.8.2. Market Revenue and Forecast, by February (2017-2030)

13.5.8.3. Market Revenue and Forecast, by March (2017-2030)

13.5.8.4. Market Revenue and Forecast, by April (2017-2030)

13.5.8.5. Market Revenue and Forecast, by May (2017-2030)

Chapter 14. Company Profiles

14.1. Medtronic PLC

14.1.1. Company Overview

14.1.2. Product Offerings

14.1.3. Financial Performance

14.1.4. Recent Initiatives

14.2. Cyberonics

14.2.1. Company Overview

14.2.2. Product Offerings

14.2.3. Financial Performance

14.2.4. Recent Initiatives

14.3. Boston Scientific Corp.

14.3.1. Company Overview

14.3.2. Product Offerings

14.3.3. Financial Performance

14.3.4. Recent Initiatives

14.4. St. Jude Medical, Inc.

14.4.1. Company Overview

14.4.2. Product Offerings

14.4.3. Financial Performance

14.4.4. Recent Initiatives

14.5. Nevro Corp.

14.5.1. Company Overview

14.5.2. Product Offerings

14.5.3. Financial Performance

14.5.4. Recent Initiatives

14.6. MicroPort Scientific Corporation

14.6.1. Company Overview

14.6.2. Product Offerings

14.6.3. Financial Performance

14.6.4. Recent Initiatives

14.7. Kaneka Corp

14.7.1. Company Overview

14.7.2. Product Offerings

14.7.3. Financial Performance

14.7.4. Recent Initiatives

14.8. Integer Holdings Corporation

14.8.1. Company Overview

14.8.2. Product Offerings

14.8.3. Financial Performance

14.8.4. Recent Initiatives

14.9. BALT

14.9.1. Company Overview

14.9.2. Product Offerings

14.9.3. Financial Performance

14.9.4. Recent Initiatives

14.10. Perflow Medical

14.10.1. Company Overview

14.10.2. Product Offerings

14.10.3. Financial Performance

14.10.4. Recent Initiatives

Chapter 15. Research Methodology

15.1. Primary Research

15.2. Secondary Research

15.3. Assumptions

Chapter 16. Appendix

16.1. About Us

16.2. Glossary of Terms

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