#Global Neuromodulation Devices Market Future Outlook

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The Bioelectric Medicine market is projected to grow from USD 24,495.23 million in 2023 to USD 32,095.23 million by 2032, at a compound annual growth rate (CAGR) of 6.56%.The bioelectric medicine market is a rapidly evolving sector within the broader medical industry, driven by advancements in technology and an increasing understanding of the role electrical stimulation can play in treating a variety of conditions. This field merges principles from biology and electrical engineering to develop innovative therapies aimed at managing and curing diseases. In this article, we'll explore the key drivers, current trends, challenges, and future outlook of the bioelectric medicine market.

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Key Drivers of the Market

1. Technological Advancements: Recent developments in bioelectronics have propelled the growth of the bioelectric medicine market. Innovations in implantable devices, neuromodulation technologies, and bioelectronic sensors have made it possible to design more effective and less invasive treatments. For example, advancements in neurostimulation devices have improved the management of chronic pain and neurological disorders.

2. Rising Incidence of Chronic Diseases: The prevalence of chronic conditions such as diabetes, Parkinson's disease, and epilepsy has spurred demand for bioelectric medicine solutions. These conditions often require long-term management, making bioelectronic therapies an attractive option due to their potential for continuous, targeted treatment.

3. Increasing Aging Population: The global aging population is another significant driver. As people live longer, they are more likely to experience age-related health issues that can benefit from bioelectric medicine. This demographic shift is fueling the demand for technologies that can improve quality of life and manage age-related ailments effectively.

4. Growing Awareness and Acceptance: There is an increasing awareness of bioelectric medicine among patients and healthcare providers. Improved patient education and acceptance of new technologies have contributed to the market's expansion. As more people become aware of the benefits and availability of bioelectronic therapies, the demand for these solutions continues to grow.

Current Trends

1. Development of Advanced Neuromodulation Devices: Neuromodulation, which involves altering nerve activity through targeted electrical stimulation, is a prominent trend in bioelectric medicine. Devices such as deep brain stimulators and spinal cord stimulators are becoming more sophisticated, offering improved outcomes for conditions like depression and chronic pain.

2. Integration of Artificial Intelligence (AI): AI is increasingly being integrated into bioelectronic devices to enhance their functionality. AI algorithms can optimize stimulation parameters, predict patient responses, and personalize treatment plans, leading to more effective and individualized therapies.

3. Emergence of Non-Invasive Technologies: There is a growing focus on developing non-invasive bioelectronic therapies. Techniques such as transcranial magnetic stimulation (TMS) and transcranial direct current stimulation (tDCS) offer alternatives to traditional invasive procedures, providing patients with safer and more comfortable treatment options.

4. Increased Investment and Research: Investment in bioelectric medicine research is on the rise, with both public and private sectors funding studies aimed at discovering new applications and improving existing technologies. This increased investment is driving innovation and accelerating the development of novel bioelectronic solutions.

Challenges Facing the Market

1. Regulatory Hurdles: The bioelectric medicine market faces significant regulatory challenges. Navigating the complex regulatory landscape for medical devices and ensuring compliance with stringent standards can be time-consuming and costly. This can impact the speed at which new technologies reach the market.

2. High Costs of Development: Developing bioelectric medicine technologies involves substantial research and development costs. The high cost of innovation can be a barrier to entry for smaller companies and may limit the affordability of new therapies for patients.

3. Limited Awareness and Adoption: Despite growing awareness, there is still a need for increased education about bioelectric medicine among both healthcare providers and patients. Limited understanding of these technologies can hinder their adoption and integration into standard treatment protocols.

Future Outlook

The bioelectric medicine market is poised for significant growth as technology continues to advance and the understanding of bioelectronic therapies deepens. The future of this market will likely be characterized by increased innovation, more personalized treatments, and greater integration of AI and non-invasive technologies. Additionally, as regulatory and cost barriers are addressed, the accessibility and adoption of bioelectric medicine are expected to improve, making these therapies more widely available to patients around the world.

Key player:

Medtronic

Abbott

Boston Scientific Corporation

Cochlear Ltd.

LivaNova PLC

Biotronik SE & Co. KG

electroCore, Inc.

Sonova

Nevro Corp.

Stimwave LLC

Segments:

By Product

Implantable Cardioverter Defibrillators

Cardiac Pacemakers

Cochlear Implants

Spinal Cord Stimulators

Deep Brain Stimulators

Transcutaneous Electrical Nerve Stimulators

Sacral Nerve Stimulators

Vagus Nerve Stimulators

Other

By Type

Implantable Electroceutical Devices

Non-invasive Electroceutical Devices

By Application

Arrhythmia

Pain Management

Sensorineural Hearing Loss

Parkinson’s Disease

Tremor

Depression

Treatment-resistant Depression

Epilepsy

Urinary and Fecal Incontinence

Others

By End-use

Hospitals

Others

By Regional

North America

US

Canada

Europe

Germany

UK

France

Italy

Spain

Asia Pacific

China

India

Japan

Australia

South Korea

Latin America

Brazil

Mexico

Argentina

MEA

South Africa

Saudi Arabia

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Deep Brain Stimulation Devices Market Size: Current Trends and Future Outlook

The Deep Brain Stimulation Devices Market size was estimated at USD 1.30 billion in 2023 and is expected to reach USD 2.76 billion By 2031 at a CAGR of 9.8% during the forecast period of 2024-2031.The Deep Brain Stimulation (DBS) Devices Market is experiencing significant growth, driven by advancements in neuromodulation technology and an increasing prevalence of neurological disorders such as Parkinson's disease, dystonia, and essential tremor. This market is characterized by a surge in demand for minimally invasive surgical treatments that offer substantial improvements in patient quality of life. Innovations in DBS device design, including enhanced battery life, reduced device size, and improved precision in targeting brain regions, are further propelling market expansion. Additionally, the rising geriatric population, along with greater healthcare expenditure and supportive government policies, is fueling the adoption of DBS devices. Major players in the industry are focusing on strategic collaborations and extensive R&D to develop next-generation DBS systems that integrate advanced features such as remote programming and adaptive stimulation, ensuring a robust market growth trajectory in the coming years.

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Market Scope & Overview

The market research report is an ideal source of information, and market studies are crucial for global businesses. In order to give a qualitative and quantitative evaluation of the development of the global economy, Deep Brain Stimulation Devices Market research examines a wide range of nations. The market research study analyses historical information and forecasts to estimate the size of the global market. The global business overview includes tables and figures with key industry statistics, market data and analysis for organizations and consumers.

The primary and secondary methodologies, well-known research techniques, and services are all examined in the Deep Brain Stimulation Devices Market research study. In a market study, the principal market characteristics and prospects, as well as its boundaries and key rivals, corporate profiles, and general positioning strategy for both local and international markets, are all researched.

Market Segmentation Analysis

By Product

Single Channel

Dual Channel

By Application

Pain Management

Epilepsy

Essential Tremor

Obsessive-Compulsive Disorder (OCD)

Depression

Dystonia

Parkinson’s Disease

Others

By End Use

 Hospitals

 Neurology Clinics

 Ambulatory Surgical Centres

 Research Centres

COVID-19 Pandemic Impact Analysis

The research goes into great depth about how these pandemics affected various regions of the world. The COVID-19 epidemic's global spread has had a significant influence on the Deep Brain Stimulation Devices Market in a number of ways. The report also offers advice on how market participants might continue to make money in such challenging circumstances.

Regional Outlook

The Deep Brain Stimulation Devices Market research report explains current developments in significant regional marketplaces and the various choices service providers throughout the world have. This research report covers all of Europe, North America, Latin America, Asia Pacific, and the rest of the world. A competitive market analysis ranks the top rivals based on corporate strengths and product offerings.

Competitive Analysis

The research examines the significance of the field, in addition to its many elements and anticipated repercussions. Discussions of expert perspectives, environmental facts, and marketing strategies are included. The Deep Brain Stimulation Devices Market research covers upstream sector differences, market segmentation, business environment, demand development, cost and pricing structure, and business climate.

Key Reasons to Purchase Deep Brain Stimulation Devices Market Report

The market report evaluates the findings of in-depth secondary research, primary interviews with subject matter experts, and internal expert interviews.

Financial analytics, fundamental data, regional engagement, sales effectiveness, product quality, and sector contribution are all used to rank the top businesses in the market.

Conclusion

The size of the market, the successful business practices of the major organizations, and the exposure of regional firms are some of the factors taken into account by Deep Brain Stimulation Devices Market research. For the development of market-dominating methods, these insights are crucial.

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SNS Insider is a market research and insights firm that has won several awards and earned a solid reputation for service and strategy. We are a strategic partner who can assist you in reframing issues and generating answers to the trickiest business difficulties. For greater consumer insight and client experiences, we leverage the power of experience and people.

When you employ our services, you will collaborate with qualified and experienced staff. We believe it is crucial to collaborate with our clients to ensure that each project is customized to meet their demands. Nobody knows your customers or community better than you do. Therefore, our team needs to ask the correct questions that appeal to your audience in order to collect the best information.

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Electroceuticals Bioelectric Medicine Market: Insights, Trends, and Industry Forecast 2023-2032

Introduction

The field of healthcare is on the brink of a remarkable transformation, driven by a new frontier of medical science known as electroceuticals or bioelectric medicine. These innovative technologies are changing the way we think about and treat various medical conditions. In this article, we will explore the current trends and future outlook of the Electroceuticals Bioelectric Medicine Market, shedding light on the factors propelling its growth and the promising horizons it presents for patients and healthcare professionals alike.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐑𝐞𝐩𝐨𝐫𝐭 : https://www.alliedmarketresearch.com/request-toc-and-sample/8014

𝐂𝐎𝐕𝐈𝐃-𝟏𝟗 𝐬𝐜𝐞𝐧𝐚𝐫𝐢𝐨 𝐚𝐧𝐚𝐥𝐲𝐬𝐢𝐬:

Accelerated Research and Development (R&D): The global response to the COVID-19 pandemic has led to an unprecedented surge in research and development efforts. While much of the focus has been on vaccines and treatments for the virus, the pharmaceutical and biotechnology industry has witnessed an acceleration in R&D activities. This surge in scientific innovation is expected to have a positive spillover effect on the electroceuticals/bioelectric medicine market as researchers explore new technologies and solutions for various medical conditions.

Supply Chain Challenges and Opportunities: The pandemic has underscored the importance of resilient and adaptable supply chains. While the pharmaceutical industry has faced challenges in maintaining the production and distribution of various drugs, including those used in COVID-19 management, it has also presented an opportunity for manufacturers. Companies in the electroceuticals/bioelectric medicine sector are reevaluating their supply chains, aiming to enhance their resilience and adaptability to meet the growing demand for medical technologies.

Heightened Focus on Healthcare Innovation: The COVID-19 pandemic has catalyzed a renewed emphasis on healthcare innovation and preparedness. Governments and healthcare institutions are recognizing the need to invest in advanced medical solutions, not only for pandemic preparedness but also for managing a broad spectrum of health conditions. As a result, the electroceuticals/bioelectric medicine market is expected to experience increased attention and funding, fostering its growth and the development of novel medical technologies.

Current Trends in the Electroceuticals Bioelectric Medicine Market

Neuromodulation for Chronic Conditions: One of the most prominent trends in bioelectric medicine is the use of neuromodulation techniques to address chronic conditions such as chronic pain, Parkinson's disease, and epilepsy. Bioelectric devices are being developed to modulate neural pathways, offering a drug-free and minimally invasive alternative for patients.

Miniaturization and Implantable Devices: Advancements in microelectronics and materials have led to the miniaturization of bioelectric devices. These implantable technologies, often no larger than a grain of rice, are revolutionizing the treatment of various conditions by delivering targeted electrical impulses to precise neural targets.

AI Integration and Personalized Medicine: Artificial intelligence (AI) is playing a pivotal role in the electroceuticals field. AI algorithms are being used to analyze complex neural data and adapt treatment parameters in real-time. This enables personalized treatment plans, ensuring that patients receive the most effective therapy tailored to their unique needs.

𝐏𝐫𝐞-𝐛𝐨𝐨𝐤 𝐭𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭 𝐍𝐨𝐰 : https://www.alliedmarketresearch.com/electroceuticals-bioelectric-medicine-market/purchase-options

Future Outlook of the Electroceuticals Bioelectric Medicine Market

Expanding Therapeutic Applications: Bioelectric medicine is poised for significant expansion in its therapeutic applications. Beyond the current focus on neurological conditions, it is expected to encompass a broader range of disorders, including metabolic diseases, autoimmune conditions, and mental health disorders.

Non-Invasive Approaches: While implantable devices are gaining prominence, non-invasive bioelectric therapies are also on the horizon. Techniques such as transcranial magnetic stimulation (TMS) and transcutaneous electrical nerve stimulation (TENS) are being further developed for various medical conditions.

Bioelectric Medicine for Regenerative Purposes: The future may witness the use of bioelectric medicine to stimulate tissue regeneration and wound healing. By harnessing electrical signals, these therapies could accelerate the healing process, benefitting patients recovering from injuries or surgeries.

Global Accessibility and Healthcare Integration: Bioelectric medicine has the potential to become a global healthcare solution, improving accessibility to advanced treatments. As these technologies mature, they are likely to become an integral part of mainstream medical practice, providing patients with more options and better outcomes.

Research and Collaboration: Collaboration between researchers, medical institutions, and technology companies is essential for the continued growth of bioelectric medicine. Ongoing research and development efforts will fuel innovation and unlock new possibilities in patient care.

𝐈𝐧𝐭𝐞𝐫𝐞𝐬𝐭𝐞𝐝 𝐭𝐨 𝐏𝐫𝐨𝐜𝐮𝐫𝐞 𝐭𝐡𝐞 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭? 𝐈𝐧𝐪𝐮𝐢𝐫𝐞 𝐁𝐞𝐟𝐨𝐫𝐞 𝐁𝐮𝐲𝐢𝐧𝐠 : https://www.alliedmarketresearch.com/purchase-enquiry/8014

Conclusion

The Electroceuticals Bioelectric Medicine Market is at the forefront of a medical revolution, redefining how we approach the treatment of various medical conditions. Current trends demonstrate the effectiveness and potential of bioelectric therapies, while the future outlook promises a more expansive and personalized approach to patient care. As researchers, healthcare professionals, and technology experts continue to collaborate, bioelectric medicine holds the promise of delivering hope and healing to countless patients worldwide. The path to a brighter, healthier future is electrified by the potential of bioelectric medicine.

About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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Neuromodulation Devices (Neurology) – Global Market Analysis and Forecast Model: Ken Research Buy Now Summary Neuromodulation Devices (Neurology)-Global Market Analysis and Forecast Model is built to visualize quantitative market trends within Neurology Devices therapeutic area.

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Neuromodulation Devices Market Report

Neuromodulation Devices Market Report analysis 2021-2027 presents a complete assessment of the market and comprises future trends, current growth factors, attentive opinions, facts, historical information, and forecasts. This Neuromodulation Devices Market is defined with its related details such as product types, business overview, sales, manufacturers, applications, and other specifications. It provides a systematic approach to the current and prospective scenario of the global regions. Detailed information of the Neuromodulation Devices Market Report growth rate, technological innovations, and key strategies implemented by the main leading industry players.

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Top Company Profile Analysis in this Report- Medtronic plc, Abbott Laboratories, Boston Scientific Corp, LivaNova PLC, Nevro Corp, Nuvectra Corp,

Neuromodulation Devices (Neurology Devices) – Global Market Analysis and Forecast Model (COVID-19 market impact) is built to visualize quantitative market trends within Neurology Devices therapeutic area. The model discusses in detail the impact of COVID-19 on Neuromodulation Devices market for the year 2020 and beyond. Due to the large prevalence of neurological conditions impacting the aging population, this huge geriatric population base is a large driver of the neuromodulation market.

Deep Brain Stimulators (DBS), Spinal Cord Stimulators (SCS), Vagus Nerve Stimulators (VNS), Sacral Nerve Stimulators (SNS), Gastric Electric Stimulators (GES), Peripheral Nerve Stimulators (PNS) and Leads are tracked under this segment.

Each of the covered 39 country’s color-coded and fully-sourced market models are equipped with epidemiology based indications with procedure volumes. To increase the data transparency, the interactive excel deliverable covers installed base, new sales volumes, product usage, average selling prices, market size and company share/rank analysis (wherever available). Moreover, analyst comments with qualitative insight offer context for quantitative data.

Key Inclusions of the market model are – Currently marketed Neuromodulation Devices and evolving competitive landscape – – Insightful review of the key industry trends. – Annualized total Neuromodulation Devices market revenue by segment and market outlooks from 2015-2030. – Granular data on total procedures, units, average selling prices and market values by segment.

Global, Regional and Country level market specific insights – – Qualitative market specific information is available with global trends further broken down into regional trends. In addition GlobalData analysts provide unique country specific insights on the market. – SWOT analysis for Neuromodulation Devices market. – Competitive dynamics insights and trends provided for Neuromodulation Devices market.

Drive the understanding of the market by getting the veritable big picture including an overview of the healthcare system. In addition the Market Access segment allows you to delve deeper into market dynamics with information on reimbursement policies and the regulatory landscape. – Country specific overview of the healthcare system. – Country specific reimbursement policies. – Country specific medtech regulatory landscape.

Robust methodologies and sources enable the model to provide extensive and accurate overview of the market. Demand and supply-side primary sources are integrated within the syndicated models, including Key Opinion Leaders. In addition, real world data sources are leveraged to determine market trends; these include government procedure databases, hospital purchasing databases, and proprietary online databases.

Countries covered: United States, United Kingdom, Germany, France, Italy, Spain, Brazil, China, India, Russia, Japan, Australia, Canada, Mexico, South Korea, Denmark, Ireland, Netherlands, New Zealand, South Africa, Sweden, Switzerland, Austria, Belgium, Finland, Israel, Norway, Poland, Portugal, Taiwan, Czech Republic, Greece, Hungary, Turkey, Egypt, Saudi Arabia, United Arab Emirates, Argentina and Chile.

Scope of this Report- This Market Model gives important, expert insight you won’t find in any other source. The model illustrates qualitative and quantitative trends within the specified market. This model is required reading for – – CMO executives who must have deep understanding of the Neuromodulation Devices marketplace to make strategic planning and investment decisions. – Sourcing and procurement executives who must understand crucial components of the supply base in order to make decisions about supplier selection and management. – Private equity investors that need a deeper understanding of the market to identify and value potential investment targets.

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Reasons to Buy this Report- The model will enable you to – – Understand the impact of COVID-19 on Neuromodulation Devices market. – Develop and design your in-licensing and out-licensing strategies through a review of pipeline products and technologies, and by identifying the companies with the most robust pipeline. – Develop business strategies by understanding the trends shaping and driving Neuromodulation Devices market. – Drive revenues by understanding the key trends, innovative products and technologies, market segments, and companies likely to impact the Neuromodulation Devices market in the future. – Formulate effective sales and marketing strategies by understanding the competitive landscape and by analyzing the company share of market leaders. – Identify emerging players with potentially strong product portfolios and create effective counter-strategies to gain a competitive advantage. – Track device sales in the global and country-specific Neuromodulation Devices market from 2015-2030. – Organize your sales and marketing efforts by identifying the market categories and segments that present maximum opportunities for consolidations, investments and strategic partnerships.

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Medical Electronics Market Top Company Profiles, Distribution Channel Benchmarking & Forecast, 2024

The global Medical Electronics Market research report provides complete insights on industry scope, trends, regional estimates, key application, competitive landscape and financial performance of prominent players. It also offers ready data-driven answers to several industry-level questions. This study enables numerous opportunities for the market players to invest in research and development.

Market Overview:

Global Medical Electronics Market is expected to reach USD 219.0 billion by 2024. Medical Electronics is termed as an instrumentation used in physiological measurement in an area of engineering, medicine discipline, and biology. There are several opportunities for industry and new scientific findings. The future of medical electronics novel biometric appliances, devices, instruments, and systems will be established to treat neurological disorders or chronic diseases and extend life.

Key Players:

EDDA technology, Inc.

Philips healthcare

FUJIFILM Medical Systems

Hitachi High Technologies Corporation

Toshiba medical systems corporation

McKesson Corporation

Vucomp

Hologic

Siemens Healthcare

iCAD

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Growth Drivers:

The Medical Electronics Market is estimated to grow at a significant CAGR of 7.9% over the forecast period as the scope and its applications are rising enormously across the globe. Rising demand for patient tracking and other monitoring activities, changing lifestyle, growing acceptance of wearable electronics, growth in aging populace and increasing health awareness among populace are documented as major factors of Medical Electronics Market that are estimated to enhance the growth in the years to come. However, high refurbishment & maintenance cost and strict regulatory policy for product approval are the factors that may restrain overall market growth in the years to come.

Application Outlook:

ImagingMRI Equipment Computed Tomography (CT) Nuclear imaging equipment X-ray Devices Ultrasound Systems

TherapeuticsCardiac Rhythm Management (CRM) Dialysis Continuous Positive Airway Pressure (CPAP) Neuromodulation

Patient monitoring

Home Healthcare/Handheld products

Monitoring sector accounted for the significant market share of Medical Electronics and is estimated to lead the overall market in the coming years as rising use of home care settings and ambulatory care centers. This may be because of increasing acceptance of telemetry and remote monitoring. The device monitors patients from protracted distance, recommend treatments to patients, and perform intraoperative procedures.

Regional Insights:

Globally, North America accounted for the substantial market share of Medical Electronics and is estimated to lead the overall market in the coming years. The reason behind the overall market growth could be developed healthcare infrastructure, highly equipped laboratories, rising use of technologically advanced medical device, and high demand for medical electronics in the region.

Instead, Europe and the Asia Pacific are also estimated to have a positive influence on the future growth. Europe is the second largest region with significant market share. However, Asia Pacific is estimated to grow at fastest pace with the highest CAGR in the foremost period. The aspects that may be ascribed to the growth comprise growing population with respiratory diseases, developing healthcare infrastructure, technological enhancement, and rising awareness among populace regarding modern technology and their benefits. The developing countries like India and China are the major consumers of Medical Electronics in the region.

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Unveiling the Market Size of Vagus Nerve Stimulation: Insights and Trends

The Vagus Nerve Stimulation Market is experiencing a profound paradigm shift, propelled by advancements in neuromodulation technology and a deepening understanding of the vagus nerve's intricate role in regulating various bodily functions. This market, once niche, is rapidly expanding as researchers uncover its potential in treating an array of conditions beyond epilepsy and depression, including chronic pain, inflammatory disorders, and even autoimmune diseases. Innovations such as miniaturized implantable devices and non-invasive VNS techniques are reshaping the landscape, making treatment more accessible and patient-friendly. Moreover, the integration of artificial intelligence algorithms for personalized therapy optimization marks a pivotal moment, promising tailored solutions that maximize efficacy while minimizing side effects. As investment pours into research and development, fueled by both medical necessity and the pursuit of novel therapeutic avenues, the VNS market stands poised at the precipice of transformative growth, offering hope for millions seeking relief from debilitating ailments.

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Market Scope & Overview

Market participants can use the research reports’ insight to better understand the Vagus Nerve Stimulation Market and develop a profitable business expansion strategy. Production, manufacturing, sales, potential initiatives, and technological breakthroughs are all examined in the research. Product portfolios, investment goals, business and marketing strategy, and financial estimates are also included in the market study. The research also includes a SWOT analysis, a business description, and revenue figures for the leading international industry participants.

The market will rise in the upcoming years, according to the Vagus Nerve Stimulation Market research, which assesses both past and present market circumstances as well as market growth patterns. The most recent research looks at the effects of some of the most significant techniques used by the top corporations in the market. To give readers a general understanding of the market, the research looks at a number of important categories and sub-segments.

Market Segmentation Analysis

By Product

Implantable VNS Device

External VNS Device

By Application

Epilepsy

Depression

Migraine

By Biomaterial

Metallic

Ceramics

Polymeric

By End-use

Hospitals

Neurology Clinics

Ambulatory Surgical Centers

Research Centers

COVID-19 Impact Analysis

The supply chain, import and export limitations, regional government policies, and the sector's possible effects in light of the global COVID-19 outbreak were all evaluated in the analysis. Throughout the study, extensive Vagus Nerve Stimulation Market research is carried out using a variety of research methods. The market research study investigates how a COVID-19 outbreak will affect the economy.

Regional Outlook

The research looks into noteworthy shifts in the Vagus Nerve Stimulation Market on a global scale, with a particular emphasis on North America, Europe, Asia Pacific, Latin America, and the Middle East, and Africa. Powerful technologies, significant market trends, development patterns, growth drivers, restraints, challenges, threats, potential opportunities, standardization, value chain, regulatory environment, future forecasts, and critical methodology are all examined in the report's thorough analysis of the global market.

Competitive Analysis

The market research report covers production, manufacturing, sales, new projects, and technological advancements. The SWOT analysis of the Vagus Nerve Stimulation Market is part of the market research study. The opinions of experts in the field and professionals are included in the report's conclusions. Sector specialists are attempting to determine which export/import policies promote the expansion of the global market.

Key Reasons to Buy this Vagus Nerve Stimulation Market Report

A combination of primary and secondary sources were used to produce the report. Primary research techniques include questionnaires, interviews, and paying close attention to prominent members of the sector.

In light of the conflict involving Russia and Ukraine, the study paper emphasizes the need of understanding market conditions.

Conclusion

Key decision-makers, stakeholders, investors, suppliers, manufacturers, and participants who are interested in knowing more will find the Vagus Nerve Stimulation Market report to be a priceless resource.

About Us

SNS Insider is a market research and insights firm that has won several awards and earned a solid reputation for service and strategy. We are a strategic partner who can assist you in reframing issues and generating answers to the trickiest business difficulties. For greater consumer insight and client experiences, we leverage the power of experience and people.

When you employ our services, you will collaborate with qualified and experienced staff. We believe it is crucial to collaborate with our clients to ensure that each project is customized to meet their demands. Nobody knows your customers or community better than you do. Therefore, our team needs to ask the correct questions that appeal to your audience in order to collect the best information.

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Neurostimulation Devices Market Competitive Landscape, Research Methodology, Business Opportunities, Statistics and Industry Analysis Report by 2027

The Global Neurostimulation Devices Market to reach USD 13.70 Billion by 2027. Adoption of advanced technologies,including Artificial Intelligence and machine learning,is contributing to the formation of smart neuromodulation, which is benefiting patients suffering from brain damage. This is a key factor driving growth of the global neurostimulation devices market in the coming years

The report offers a comprehensive analysis of the competitive landscape of the market through extensive profiling of the key competitors. The section on the competitive analysis covers product portfolio, company overview, production and manufacturing capacity, financial standing, revenue and gross profit margins, and market position. It also sheds light on the mergers and acquisitions, joint ventures, collaborations, and partnerships occurring in the market.

Key Players Profiled in the Report are:

St. Jude Medical, Boston Scientific Corporation, Medtronic, Neuronetics, Inc., Nevro Corporation, Codman & Shurtleff, Inc., Intrapace, LivaNovaplc, Abbott Laboratories, and Bayer AG.

The report provides a comprehensive analysis in an organized manner in the form of tables, graphs, charts, figures, and diagrams. The organized data paves the way for thorough examination and research of the current and future outlook of the market. The report further offers a thorough SWOT and Porter’s Five Forces analysis to impart a better understanding of the competitive landscape of the Neurostimulation Devices market.

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Thank you for reading our report. Customization of this report is available as per client requirements. Please connect with us to know more about the report, and our team will ensure you get the report tailored according to your needs.

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Neuromodulation Market Demand, Status, Trends, Share, Opportunities, Forecast 2027

Reports and Data’s latest report, titled ‘Neuromodulation Market,’ presents an all-encompassing study of the Neuromodulation market. The study assesses the estimated market size, value, and share over the projected years (2020-2027). The report includes expert opinions on the current state of the market, alongside analyzing the latest market trends and developments. A broad segmentation of the Neuromodulation market comprises the diverse product types and their application areas. Through the latest study, the authors have determined the revenue, price, sales, production, growth rate, and the forecast market share of each market segment. The vital market statistics have been presented in a tabular format to help readers comprehend the key market dynamics. Additionally, the authors have delivered a detailed study of this wide-ranging industry, highlighting the key industrial aspects, such as import-export dynamics, production & consumption rates, sales channels, and consumer bases in the leading geographies.

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The leading companies operating across the global Neuromodulation market are listed below:

Boston Scientific Corporation, Medtronic, Inc., Cyberonics, Inc., ST. Jude Medical, Inc., Neurosigma, Inc., Nevro Corporation, Biocontrol Medical, Neuropace, Inc., Neuronetics, Inc. and Synapse Biomedical, Inc.

The latest report is one of the most sought-after market research documents covering the grave impact of the COVID-19 outbreak current situation on the Neuromodulation market. The market intelligence report closely investigates the severe disruptions to this business sphere brought about by the pandemic. The coronavirus outbreak has significantly affected the Neuromodulation business landscape, posing threats to the developmental scope of the key manufacturers and buyers involved in this sector. The report further provides expert speculations about the post-COVID-19 scenario of the market.

For the purpose of this report, Reports and Data have segmented the global Neuromodulation market, according to Technology, Biomaterial, Application, End-user, and Region:

Technology Outlook (Revenue, USD Billion; 2016-2027)

Internal Neuromodulation

External Neuromodulation (Non-Invasive)

Biomaterial Outlook (Revenue, USD Billion; 2016-2027)

Polymeric

Metallic

Ceramic

Application Outlook (Revenue, USD Billion; 2016-2027)

Deep Brain Stimulation (DBS)

Spinal Cord Stimulation (SCS)

Vagus Nerve Stimulation

Sacral Nerve Stimulation

Others

End-user Outlook (Revenue, USD Billion; 2016-2027)

Hospitals

Clinics

Home healthcare

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Geographical Segmentation:

The report is a prototype of the Neuromodulation market and focuses on the market’s major regional segments. The market has been categorized into several key geographical segments, including North America, Asia Pacific, Europe, Latin America, and the Middle East & Africa. In this section of the report, the anticipated market share, market size, revenue contribution, sales network, distribution channels, and numerous other aspects of each region have been evaluated.

Competitive Terrain:

The global Neuromodulation market has a consolidated presence of a large number of companies that have been performing consistently to achieve optimum market growth. The report comprehensively discusses these companies’ current market standing, past performances, demand & supply graphs, sales network, production & consumption patterns, and distribution channels. The report thus points out the effective business approaches undertaken by these market players to build on their market footprint.

Access Full Report Description, TOC, Table of Figure, Chart, etc. @ https://www.reportsanddata.com/report-detail/neuromodulation-market

Key Points of the Report:

Market Overview: This section of the report offers actionable insights into the global Neuromodulation market, encompassing the historical and future timelines, key dynamics, latest market trends, growth trajectories, and the future market scope. It highlights the principal market segments, including the main product types, application gamut, end-user industries, and regional spectrum.

Executive Summary: In this section of the report, a comprehensive assessment of the competitive landscape of the market, regional mapping, CAGR, and various crucial parameters like key market drivers, restraints, trends, challenges, and growth prospects.

COVID-19 Impact Analysis: The report closely analyzes the impact of the COVID-19 pandemic on numerous aspects of the Neuromodulation industry, such as production capacity, consumption rate, import-export status, demand & supply ratio, and the estimated revenue generation of each regional segment.

Competitive Landscape: This segment of the report systematically profiles the leading companies functioning in the Neuromodulation industry. Moreover, the report emphasizes the global market value & volume, product portfolios, production capacity, and other vital aspects of these companies.

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Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help client's make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Products, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

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ELECTRICAL STIMULATION DEVICES MARKET ANALYSIS

Electrical Stimulation Devices Market, by Device (Spinal Cord Stimulation Devices, Deep Brain Stimulation Devices, Vagus Nerve Stimulation Devices, Sacral Nerve Stimulation Devices, Gastric Electric Stimulation Devices, Transcutaneous electrical nerve Stimulation Devices, Neuromuscular Electrical Stimulation Devices, Cranial Electrical Stimulation Device, and Other Electrical Stimulation Devices), by Application (Pain Management, Neurological and Movement Disorder Management, Musculoskeletal Disorder Management, Metabolism & GIT Management, Incontinence Management, and Others), by End User (Hospitals, Specialty Clinics, Ambulatory Centers, and Others), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) - Global Industry Insights, and Forecast till 2026

Electrical stimulation uses electrotherapy for treating spinal injuries and muscle weakness associated with neurological disorders. It has property to activate electrical impulse and transmit signal to electrodes of device, which causes depolarization and in turn reduces pain and improves muscle strength. Different types of electrical stimulation devices are designed to treat various diseases such as pain management, obesity, and others.

Market Dynamics

Increasing prevalence of neurological disorders, which in turn causes muscle weakness is expected to propel electrical stimulation devices market growth. According to Neurology Today Journal, November 2017, neurological diseases are the world’s largest cause of disability-adjusted life years (DALYs) and an estimated 9.5 million deaths were due to the condition in 2015. Moreover, advantages of electrical stimulation devices of pain management in preoperative and postoperative surgery procedures are expected to boost the market growth.

Key features of the study:

This report provides in-depth analysis of the electrical stimulation devices market and provides market size (US$ million) and Compound Annual Growth Rate (CAGR %) for the forecast period (2018 – 2026), considering 2017 as the base year

It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market

This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategy adopted by key players

It profiles key players in the global electrical stimulation devices market based on the following parameters – company overview, financial performance, product portfolio, market presence, distribution strategies, key developments, strategies, and future plans

Key companies covered as a part of this study include, Boston Scientific Neuromodulation Corporation, BTL Industries, Inc., Cyberonics, Inc., DJO Global, Inc., Medtronic plc., Nevro Corporation., NeuroMetrix, Inc., St. Jude Medical, Inc., Uroplasty, Inc. (Cogentix Medical), and Zynex, Inc.

Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, technology up-gradation, market expansion, and marketing tactics.

The global electrical stimulation devices market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the electrical stimulation devices market

Detailed Segmentation:

Spinal Cord Stimulation Devices

Deep Brain Stimulation Devices

Vagus Nerve Stimulation Devices

Sacral Nerve Stimulation Devices

Gastric Electric Stimulation Devices

Transcutaneous electrical nerve stimulation Devices

Neuromuscular Electrical Stimulation Devices

Cranial Electrical Stimulation Device

Other Electrical Stimulation Devices

Pain Management

Neurological and Movement Disorder Management

Musculoskeletal Disorder Management

Metabolism & GIT Management

Incontinence Management

Others

Hospitals

Specialty Clinics

Ambulatory Centers

Others

Spinal Cord Stimulation Devices

Deep Brain Stimulation Devices

Vagus Nerve Stimulation Devices

Sacral Nerve Stimulation Devices

Gastric Electric Stimulation Devices

Transcutaneous electrical nerve stimulation Devices

Neuromuscular Electrical Stimulation Devices

Cranial Electrical Stimulation Device

Other Electrical Stimulation Devices

Pain Management

Neurological and Movement Disorder Management

Musculoskeletal Disorder Management

Metabolism & GIT Management

Incontinence Management

Others

Hospitals

Specialty Clinics

Ambulatory Centers

Others

U.S.

Canada

Spinal Cord Stimulation Devices

Deep Brain Stimulation Devices

Vagus Nerve Stimulation Devices

Sacral Nerve Stimulation Devices

Gastric Electric Stimulation Devices

Transcutaneous electrical nerve stimulation Devices

Neuromuscular Electrical Stimulation Devices

Cranial Electrical Stimulation Device

Other Electrical Stimulation Devices

Pain Management

Neurological and Movement Disorder Management

Musculoskeletal Disorder Management

Metabolism & GIT Management

Incontinence Management

Others

Hospitals

Specialty Clinics

Ambulatory Centers

Others

Brazil

Mexico

Argentina

Rest of Latin America

Spinal Cord Stimulation Devices

Deep Brain Stimulation Devices

Vagus Nerve Stimulation Devices

Sacral Nerve Stimulation Devices

Gastric Electric Stimulation Devices

Transcutaneous electrical nerve stimulation Devices

Neuromuscular Electrical Stimulation Devices

Cranial Electrical Stimulation Device

Other Electrical Stimulation Devices

Pain Management

Neurological and Movement Disorder Management

Musculoskeletal Disorder Management

Metabolism & GIT Management

Incontinence Management

Others

Hospitals

Specialty Clinics

Ambulatory Centers

Others

Germany

U.K.

France

Italy

Spain

Russia

Rest of Europe

Spinal Cord Stimulation Devices

Deep Brain Stimulation Devices

Vagus Nerve Stimulation Devices

Sacral Nerve Stimulation Devices

Gastric Electric Stimulation Devices

Transcutaneous electrical nerve stimulation Devices

Neuromuscular Electrical Stimulation Devices

Cranial Electrical Stimulation Device

Other Electrical Stimulation Devices

Pain Management

Neurological and Movement Disorder Management

Musculoskeletal Disorder Management

Metabolism & GIT Management

Incontinence Management

Others

Hospitals

Specialty Clinics

Ambulatory Centers

Others

China

India

Japan

Australia

South Korea

ASEAN

Rest of Asia Pacific

Spinal Cord Stimulation Devices

Deep Brain Stimulation Devices

Vagus Nerve Stimulation Devices

Sacral Nerve Stimulation Devices

Gastric Electric Stimulation Devices

Transcutaneous electrical nerve stimulation Devices

Neuromuscular Electrical Stimulation Devices

Cranial Electrical Stimulation Device

Other Electrical Stimulation Devices

Pain Management

Neurological and Movement Disorder Management

Musculoskeletal Disorder Management

Metabolism & GIT Management

Incontinence Management

Others

Hospitals

Specialty Clinics

Ambulatory Centers

Others

GCC

Israel

Rest of Middle East

Spinal Cord Stimulation Devices

Deep Brain Stimulation Devices

Vagus Nerve Stimulation Devices

Sacral Nerve Stimulation Devices

Gastric Electric Stimulation Devices

Transcutaneous electrical nerve stimulation Devices

Neuromuscular Electrical Stimulation Devices

Cranial Electrical Stimulation Device

Other Electrical Stimulation Devices

Pain Management

Neurological and Movement Disorder Management

Musculoskeletal Disorder Management

Metabolism & GIT Management

Incontinence Management

Others

Hospitals

Specialty Clinics

Ambulatory Centers

Others

South Africa

Central Africa

North Africa

Company Overview

Product Portfolio

Financial Performance

Key Highlights

Market Strategies

“*” marked represents similar segmentation in other categories in the respective section.

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Neuropsychiatric Disorders and Treatment Market Future Outlook, Emerging Trends Till 2023

Neuromodulation Devices Market Share, Growth and Insights By type (Internal, External), Type by Application (SCS, DBS, VNS, SNS, GES, TENS, TMS), by Biomaterial (Metallic, Polymeric, Ceramic), by End-User (Hospitals, Clinics, Homecare) – Global Forecast Till 2023

Segmentation:

The Global Neuromodulation Devices Market is segmented by type, type by application, biomaterial, and end use.

Based on type, the global neuromodulation devices market is classified as internal neuromodulation and external neuromodulation (non-invasive). Internal neuromodulation is further divided into spinal cord stimulation (SCS), deep brain stimulation (DBS), vagus nerve stimulation (VNS), sacral nerve stimulation (SNS), and gastric electrical stimulation (GES). External neuromodulation (non-invasive) is further segmented into transcutaneous electrical nerve stimulation (TENS), transcranial magnetic stimulation (TMS), and respiratory electrical stimulation (RES).

Based on type by application, the global neuromodulation devices market is classified into spinal cord stimulation (SCS), which is classified into chronic pain management, failed back syndrome (FBSS), and ischemia. Deep brain stimulation (DBS) is classified into Parkinson’s disease, tremor, depression, and others. Sacral nerve stimulation is divided into urine incontinence and fecal incontinence. Vagus nerve stimulation is divided into epilepsy and others. Gastric electrical stimulation is divided into gastroparesis and obesity. Transcutaneous electrical nerve stimulation is divided into treatment-resistant depression and others. Repetitive transcranial magnetic stimulation is divided into depression and migraine headache. Respiratory electrical stimulation is divided into spinal cord injury and others.

Based on biomaterial, the global neuromodulation devices market is segmented into metallic biomaterials, polymeric biomaterials, and ceramic biomaterials.

Based on end use, the global neuromodulation devices market is segmented into hospitals, clinics, home healthcare, and others.

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Overview

Neuromodulation is the targeted transmission of stimuli to nerve centers in order to normalize nerve function in the body. The stimulus in question may be an electric current, a magnetic field, or a chemical drug. The primary objective of neuromodulation is to modulate damaged nerve cells and return normal function. This treatment is highly useful in treating conditions such as urinary and fecal incontinence, Alzheimer’s disease, Parkinson’s disease, epilepsy, and dystonia.

The growth of the geriatric population is the major driver for the global neuromodulation devices market. The geriatric population is more susceptible to neurodegenerative diseases, as the myelin covering of nerves becomes weaker with age and is more susceptible to breaking off. The geriatric population has grown rapidly in regions such as North America and Europe in recent years, leading to steady growth of the neuromodulation devices market. The rising prevalence of neurodegenerative and other age-related diseases in these regions is likely to drive the demand from the neuromodulation devices market over the forecast period.

The increasing range of conditions treated with neuromodulation is likely to be a key driver for the global neuromodulation devices market over the forecast period. The robust pipeline of the global neuromodulation devices market bodes well for the market over the forecast period. On the other hand, the high initial costs, stringent government regulations, unfavorable reimbursement scenarios, and lack of trained professionals have raised the entry barrier for new players in the neuromodulation devices market and are likely to restrain the market over the forecast period.

Regional Analysis:

The Americas is likely to remain the dominant regional neuromodulation devices market over the forecast period due to the growing population of geriatrics in the region. The growing prevalence of epilepsy is also likely to drive the neuromodulation devices market in the region.

Competitive Analysis:

Leading players in the global neuromodulation devices market include St. Jude Medical Inc., Boston Scientific Corporation, Bioness Inc., Nevro Corporation, Synapse Biomedical Inc., Neuronetics Inc., BioControl Medical, DynaMD, Soterix Medical Inc., Accellent, Cyberonics Inc., Neurosigma Inc., NeuroPace Inc., EnteroMedics Inc., Aleva Neurotherapeutics SA, and LivaNova plc.

In March 2019, WeHealth and PathMaker Neurosystems announced a collaboration in order to develop a new neuromodulation technology to treat muscular spasticity. New target conditions are likely to extend the scope of the neuromodulation devices market over the forecast period.

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[healthcare00897]

Medical Robots Market – Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2018-2026

Robots manufactured for specialized medical applications are known as medical robots. These robots can perform various medical tasks such as surgery, medical test, and patient monitoring. Medical robots can carry out a surgery solely based on the pre-surgical planning by the surgeon. Medical robots allow for high accuracy in open surgery and minimally invasive surgery. Medical robots also reduce the time required for surgery to a great extent. Medical robots can also be used for transporting patients from one location to another in a hospital.

Advancements in technology have enabled surgeon to remotely operate robots and perform surgery. Surgeons can perform a surgical procedure in emergency situations through telesurgery, with the aid of an imaging device.

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Advancements in technology in the recent past have been directed towards reducing costs of products. This has led to increasing applications of these robots for various tasks. Robotic technique in healthcare was first used in 1985, although it was only in 2000 that da Vinci robot received the U.S. FDA approval for carrying out surgical procedures. The da Vinci robot is widely known for its applications such as for cardiac surgery, head and neck surgery, and urologic surgery. As per stats released by Emergency Care Research Institute (ECRI), as of 2014, one in every four hospitals in the U.S. deployed da Vinci robot. Furthermore, 570,000 procedures were performed in the U.S. by the robot in 2014, a phenomenal rise of 178% as compared to 2009.

Continuous advancement in medical robots is expected to fuel growth of the medical robots market over the forecast period:

Increasing R&D activities is expected to boost growth of the medical robots market over the forecast period. For instance, in May 2017, Intuitive Surgical Inc. announced the approval of its new da Vinci X robot. The advanced da Vinci robot is equipped with four mechanical arms for better movement, reach, and dexterity. It also helps to perform surgical procedure more precisely than before. Each of the arms can be controlled independently and can be assigned to do different tasks.

Medical Robots Market – Regional Analysis

As the medical robots are associated with high cost, their adoption rate is high and mainly restricted to North America, followed by Europe. As per ECRI Institute, out of all da Vinci installation around the globe, 67% installation are in the U.S. and out of all da Vinci surgical procedures, 79% are performed only in the U.S. Owing to their high costs, these robots are gaining slow adoption in cost sensitive economies of Asia Pacific. However, the scenario is expected to improve in the near future, buoyed by rampant economic growth in emerging economies of India and China and increasing investment in healthcare infrastructure development in these countries.

The growth of medical robots market is supported by factors such as increasing awareness about their various 0beneficial properties and increase in the number of surgical procedures as a result of increasing incidence of chronic diseases such as cancer and lifestyle diseases such as diabetes and obesity. Furthermore, increase in insurance coverage is expected to fuel the usage of medical robots. Middle Eastern countries such as Turkey are characterized by an acute dearth of healthcare professionals. As per Organization for Economic Co-operation and Development (OECD), Turkey had 1.7 doctors per 1,000 population in 2012. This makes the region a highly lucrative prospect for future penetration of the market.

High purchase and maintenance cost of the equipment and lack of trained surgeons to perform robotic surgery are some of the major restraining factors for the global medical robots market growth.

Medical Robots Market - Competitive Landscape

Some major players operating in the medical robots market include, Intuitive Surgical, Inc., Stryker Corporation, Mazor Robotics Ltd, Hansen Medical Inc., Hocoma AG, Omnicell, Inc., Kirby Lester LLC, Accuray Incorporated, Ekso Bionics Holdings Inc., and Engineering Services Inc.

Key Developments

In July 2017, Axilum Robotics, installed a image-guided Transcranial Magnetic Stimulation (TMS) system, a robotized system at the Center for non-invasive neuromodulation (CEMNIS) therapeutic unit of the University Hospital of Strasbourg, France.

In September 2019, Medtronic Plc., announced its ‘Hugo RAS system a new robot-assisted surgery platform to perform surgeries. The Hugo system includes a tower, surgeon console, surgical end effectors, and robotic arm carts.

In June 2019, California's Doctors Medical Center in Modesto, has launched a ‘robotic heart program’ in which a surgical robot has performed coronary artery bypass operations. In program total 3 surgeries were performed two patients underwent coronary bypass operations and a third underwent for a heart valve repair to relieve troubling symptoms.

In January 2019, Axilum Robotics, received CE mark approval for its product ‘TMS-Cobot’, intended to automate and improve the accuracy and repeatability of positioning a Transcranial Magnetic Stimulation (TMS) coil.

In March 2017, Stryker Corporation launched ‘Mako’ robotic platform for knee replacement application like knee arthroplasty. The ‘Mako’ robotic technology can be used for total knee, hip and partial knee replacement procedures.

Medical Robots Market -Taxonomy:

The medical robot market is segmented on the basis of product type, application, end user and region

By Product Type

System

Instrument and Accessories

By Application

Laparoscopy

Neurology

Orthopedics

Gynecology

Urology

Cardiology

Others

By End User

Hospitals

Clinics

Ambulatory Surgical Centers

By Region

North America

Europe

APAC

Latin America

Middle East

Africa

[ratiram]

Global Neuromodulation Devices Market: Neuromodulation Devices (Neurology)-Global Market Analysis and Forecast Model is built to visualize quantitative market trends within Neurology Devices therapeutic area.

[market-insider]

Nephrology & Urology Devices Market Size Worth $31.3 Billion By 2024

The global nephrology and urology devices market size is expected to reach USD 31.3 billion by 2024, according to a new report by Grand View Research, Inc., exhibiting a 7.1% CAGR during the forecast period. Increasing prevalence of chronic kidney diseases is expected to fuel market growth.

This high prevalence of diseases can be attributed to unhealthy lifestyle habits of people around the world. Moreover, growing geriatric population, who are more prone to hypertension, obesity, diabetes, urinary disorders, and other kidney chronic conditions, is expected to fuel demand for nephrology and urology devices.

Advancements in device technology, such as inclusion of prosthetics in urology, percutaneous methods for stone disintegration and extraction, and extracorporeal shockwave lithotripsy, are anticipated to boost the market over the forecast period. Furthermore, presence of highly advanced pipeline products such as bioartificial kidney is presumed to present the market with lucrative growth opportunities in future.

Increase in demand for minimally invasive techniques is also likely to propel the market in the coming years. Nephrology and urology devices facilitate early diagnosis and shorter treatment duration in most surgical procedures. Minimal pain, heightened cost efficiency, safety, efficacy, rapid recovery, and reduced hospital stay are other benefits offered by these devices. This is expected to boost adoption over the forecast period.

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Further key findings from the report suggest:

·         The global urology segment is anticipated to reach USD 21.4 billion by 2024, at a CAGR of 6.9% from 2016 to 2024

·         By type, the benign prostatic hyperplasia segment is anticipated to witness lucrative growth over the forecast period

·         Europe held the dominant revenue share as of 2015 owing to a large target population. Growth across this region is primarily driven by presence of prominent market players implementing extensive expansion strategies such as product development and mergers and acquisitions

·         Asia Pacific, especially countries such as India and China, is expected to observe remarkable growth in the coming years

·         The global industry is dominated by few players and is marked by extensive new product development and high-end investments in R&D. Level of competition is expected to remain high over the forecast period

·         Some of the key players in the market are Baxter International, Inc.; Fresenius Medical Care AG & Co. KGaA; Boston Scientific; and C.R. Bard Inc.                                                                                                       

Grand View Research has segmented the global nephrology and urology devices market on the basis of type and region:

Nephrology and Urology Devices Type Outlook (Revenue, USD Billion, 2013 - 2024)

·         Dialysis

·         Urinary Stone

o    Ureteral stents

o    Lithotripters

·         Urinary Incontinence & Pelvic Organ Prolapsed

o    Sacral neuromodulation

o    Vaginal meshes & slings

o    Ureteral inserts & pessaries

·         Benign Prostatic Hyperplasia

o    Catheter ablation

o    Prostatic stents

·         Endoscopy

·         Others

Nephrology and Urology Devices Regional Outlook (Revenue, USD Billion, 2013 - 2024)

·         North America

o    U.S.

o    Canada

·         Europe

o    U.K.

o    Germany

·         Asia Pacific

o    Japan

o    China

o    India

·         Latin America

o    Brazil

o    Mexico

·         Middle East & Africa

o    South Africa

[industryjournals]

Sacral Neuromodulation Market 2020: Global Share, Trends, Application Analysis and Forecast To 2027

The latest industry intelligence report on the Sacral Neuromodulation Market performs a cautious examination of the current business environment and competitive landscape of the Sacral Neuromodulation market for the forecast period, 2020 - 2027. For stakeholders, field marketing executives and product owners planning to maintain a competitive edge the market assessment report brings to light essential impression about the growth rate, share and size of the industry during the estimated period. Deep dive into an array of elements including but not limited to the value proposition, product positioning, and targeting and industry segmentation have been described through resources such as charts, tables, and info graphics.

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The research study, titled “Sacral Neuromodulation Market Research Report 2019,” assesses the historical performance and the current standing of the market for an exhaustive understanding, underlining the dynamics of the demand and supply of Sacral Neuromodulation Market in 2018.

The Sacral Neuromodulation report profiles the key players of the sector to give a clear perspective of the competitive landscape of the Sacral Neuromodulation Outlook. It also offers market new product analysis, financial overview, executive strategies, and marketing trends.

The following manufacturers are examined in this report by focusing on the sales, revenue, and market share for each company: Cyberonics, St Jude Medicals, Boston Scientific, Medtronic.

The report consists of an in-depth analysis of substantial returns that are estimated to be accumulated at the end of the forecast period. The report also inspects materials and markets, technological advancements, volatile industry structure, and capacities of the Sacral Neuromodulation market.

Segmentation:

Product (Revenue, USD Million; 2016–2026)

Implantable SNM devices

External SNM devices

Application (Revenue, USD Million; 2016–2026)

Urinary incontinence

Urge incontinence

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Regional Outlook (Revenue in USD Million; 2016–2026)

North America

Europe

Asia Pacific

Middle East & Africa

Latin America

The analyzed data on the Sacral Neuromodulation market helps the reader establish a position within the industry while rivalling the giants. This report provides insights into a dynamic competitive environment. It also offers a progressive viewpoint on various factors driving or constraining the market growth.

Table of Contents:

Study Coverage: It takes into account key manufacturers, key market segments, the scope of products available in the global Sacral Neuromodulation market, forecast years, and study objectives. Additionally, it also considers the segmentation study provided in the report on the basis of the type of product and application.

Executive Summary: It provides a summary of the critical studies, growth rate, competitive landscape, market drivers, trends, and issues, and macroscopic indicators.

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– To strategically outline the key players and comprehensively analyze their growth strategies.

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The growth of this market globally is dependent on various factors, including consumers of a lot of Sacral Neuromodulation products, inorganic company growth models, about the past, present, and future of the concerned market. Economic volatility of raw materials, and product innovation, along with economic prospects in both producer and consumer countries.

Conclusively, this report will offer a clear view of every vital aspect of the market without the need to refer to any other research report or data source. Our report will provide all the crucial facts

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