The global neurostimulation market is expected to grow with a CAGR of 11% by 2024


   December 29, 2021
According to a new market report published by Lucintel, the future of the neurostimulation market looks promising with opportunities in the hospitals and scientific research laboratories. The global neurostimulation market is expected to grow with a CAGR of 11% from 2019 to 2024. The major drivers for this market are rise in the aging population that is having chronic diseases and increase in the usage of neurosimulation therapies.

 In this market, spinal cord stimulator, deep brain stimulator, sacral nerve stimulator, vagus nerve stimulator, and gastric electric stimulator are the major product segment. Spinal cord stimulator is the largest product type.

North America will remain the largest market over the forecast period due to growing llarge patient population base for target diseases and rising awareness among neurosurgeons related to the benefits offered by interventional neurology devices.

Boston Scientific, Medtronic, Cyberonics, NeuroPace, St. Jude Medical, and NeuroSigma are among the major manufacturers of neurostimulation market.

Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global neurostimulation market by product, application, end user, and region .Lucintel has prepared a comprehensive research report entitled "Global Neurostimulation Market 2019-2024: Trends, Forecast, and Opportunity Analysis". This Lucintel report serves as a catalyst for growth strategy as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the global neurostimulation market by product, application, end user, and region as follows:

By Product [$m shipment analysis for 2013 – 2024]:



  • Spinal Cord Stimulator


  • Deep Brain Stimulator


  • Sacral Nerve Stimulator


  • Vagus Nerve Stimulator


  • Gastric Electric Stimulator


By Application [$M shipment analysis for 2013 – 2024]:



  • Pain Management


  • Epilepsy


  • Essential Tremors


  • Urinary And Fecal Incontinence


  • Depression


  • Dystonia


  • Gastroparesis


  • Parkinson’s Disease


  • Others


By End-User [$M shipment analysis for 2013 – 2024]:



  • Hospitals


  • Scientific Research Laboratories


  • Others


By Region [$M shipment analysis for 2013 – 2024]:



  • North America




  • United States


  • Canada


  • Mexico




  • Europe




  • United kingdom


  • Germany


  • France


  • Italy


  • Spain




  • Asia-Pacific




  • China


  • India


  • Japan




  • Rest of the World (ROW)




  • Brazil


 

This research report of more than 150 pages will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link…… or helpdesk@lucintel.com.

About Lucintel

Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.



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