The global average price of implantable neurostimulation devices is in the fluctuating trend, 22.10 K USD/Unit in 2012 to 21.24 K USD/Unit in 2016. With the situation of global economy, prices will be in decreasing trend in the following five years.
The classification of implantable neurostimulation devices includes spinal cord stimulation (SCS), gastric electric stimulation (GES), deep brain stimulation (DBS), sacral nerve stimulation (SNS), vagus nerve stimulation (VNS) and other type, and the proportion of spinal cord stimulation (SCS) in 2016 is about 57%, and the proportion is in increasing trend from 2012 to 2016.
Implantable neurostimulation devices are widely used to treat pain management, parkinson’s disease, urinary and fecal incontinence, epilepsy, gastroparesis and other field. The most proportion of implantable neurostimulation devices is used for pain management, and the consumption proportion in 2016 is about 55%.
The worldwide market for Neurostimulation Devices is expected to grow at a CAGR of roughly 11.2% over the next five years, will reach 8120 million US$ in 2024, from 4290 million US$ in 2019.
Global Neurostimulation Devices Market report features the major aspect of the market in terms of historic data, current market situations, market demand along with detailed analysis of the key players involved in the market.Neurostimulation Devices Industry report also provides essential attributes associated with Neurostimulation Devices market and act an essential tool to companies active across the value chain and to the newcomer by enabling them to capitalize the opportunities and develop business strategies.
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Global Neurostimulation Devices Market focuses on the, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa.Neurostimulation Devices business report categorizes the market based on manufacturers, regions, type and application. From a global perspective, this report represents Neurostimulation Devices market in-depth outlook by analyzing historical statistics and future prospect.
TOP MOST PLAYERS:
St. Jude Medical (Abbott)
Market Segment by Type, covers:
Spinal Cord Stimulation (SCS)
Gastric Electric Stimulation (GES)
Deep Brain Stimulation (DBS)
Sacral Nerve Stimulation (SNS)
Vagus Nerve Stimulation (VNS)
Market Segment by Applications, can be divided into:
Urinary and Fecal Incontinence
The prospective of this Neurostimulation Devices industry study delivers the key industry dynamic with respect to driving & limiting factors with their current and expected impact on market growth. Moreover, Neurostimulation Devices present market share and future prospects of the segment in terms of has also been explored in this report.
Global Neurostimulation Devices market report showcases qualitative and quantitative estimation by industry analysts, first-hand data, and assistance from industry experts along with each industry manufacturers by the market valuation. Neurostimulation Devices report also gives extensive analysis of market share, latest industry trends and forecast data analysis with respect to sales revenue, market growth, and demand and supply scenario.
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