Neurostimulation Devices Market Size, Share and Insights 2031

 


Precision Business Insights has published a report on the global neurostimulation devices market, estimating its value at USD 6.5 billion in 2024 and is expected to expand at a compound annual growth rate (CAGR) of 11.8% over the forecast period 2025-2031. The report explores the market growth and potential opportunities in the market industry. Additionally, it offers a detailed analysis of how these elements will affect market demand dynamics and market performance throughout the forecast period.

View the detailed report description here - https://www.precisionbusinessinsights.com/market-reports/neurostimulation-devices-market

Market Definition:

Neurostimulation devices are medical technologies that use electrical impulses to stimulate nerves and modulate neural activity. They are commonly used to manage chronic pain, movement disorders, and neurological conditions.

Drivers:

1)      Rising prevalence of neurological disorders.

2)      Growing geriatric populations.

The global neurostimulation devices market segmentation:
1) By Stimulation System: Spinal Cord Stimulation (SCS), Deep Brain Stimulation (DBS), Vagus Nerve Stimulation (VNS), Sacral Nerve Stimulation, Percutaneous Electrical Nerve Stimulation (PENS), and Others.
2) By Disease Indication: Pain, Neurological Disorders, Sleep Apnea, Bladder and Bowel dysfunction and Others.
3) By Charging System: Rechargeable and Non-rechargeable.
4) By End-User: Hospitals, Specialty Clinics, and Others.

Regional Overview:
The report also examines the current concerns and their Future Effects on the neurostimulation devices market by the region. The report covers all regions and countries, North America was the largest and Asia was the fastest-growing region in the neurostimulation devices market. The market has been segmented into numerous primary regions and a detailed evaluation of primary countries.

·         North America (U.S., Canada)

·         Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)

·         Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)

·         Latin America (Mexico, Brazil, Argentina, Columbia, Rest of Latin America)

·         Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)

The competitive landscape is dominated by major players like Abbott Laboratories (U.S.), Axonics Modulation Technologies, Inc., (U.S.), BioControl Medical (U.S.), Bioness Inc. (U.S.), Biowave Corporation (U.S.), Boston Scientific Corporation (U.S.), Cefaly Technology (Belgium), Cerbomed GmbH (Germany), Cogentix Medical (U.S.), CVRx (U.S.), Enteromedics Inc. (U.S.), Imthera (U.S.), Inspire Medical Systems Inc., (U.S.), LivaNova PLC (U.K.), Mainstay Medical International PLC (Republic of Ireland), Medtronic (U.S.), Neuromod Devices Ltd (Republic of Ireland), Neuropace,Inc., (U.S.), Nevro Corp (U.S.), Novum Therapeutics, Inc. (U.S.), Respicardia, Inc. (U.S.), ScyFIX (U.S.), Soterix Medical Inc (U.S.), SPR Therapeutics (U.S.), Stimwave LLC (U.S.), Synapse Biomedical Inc. (U.S.), Brainsway Ltd (Israel), MMJ Labs (U.S.), Neuronetics (U.S.), Neuronix LTD (Israel)

About Precision Business Insights:
We are a market research company that strives to provide the highest quality market research insights. Our diverse market research experts are enthusiastic about market research and therefore produce high-quality research reports. We have over 500 clients with whom we have a good business partnership and capacity to provide in-depth research analysis for more than 30 countries. In addition to deliver more than 150 custom solutions, we already have accounts with the top five medical device manufacturers.

Precision Business Insights offers a variety of cost-effective and customized research services to meet research requirements. We are a leading research service provider because of our extensive database built by our experts and the services we provide.

 

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