neuromodulation market

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Global Neuromodulation Market - Industry Trends
and Forecast to 2024
Global Neuromodulation Market By Technology
(Internal Neuromodulation, External
Neuromodulation), By Application (SCS, DBS,
Sacral, Vagus, Gastric Electrical, Transcutaneous
Electrical, Repetitive Transcranial Magnetic,
Respiratory Electrical), By Geography - Industry
Trends and Forecast to 2024
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Report Description
The neuromodulation market accounted to USD
4.05billion in 2016 growing at a CAGR of 12.22
during the forecast period of 2017 to
2024. Neuromodulation is technology which is
used for modification or variation in the nerve
activity by using chemical agents or electrical
stimulation to the specific neurological sites in
the body. Neuromodulation devices are used by the
application of electrodes to the brain,
peripheral nerves or the spinal cord. The therapy
provides relief to patients from pain and
accompanying side-effects of drugs. The
technology used is expected to replace
conventional treatments for neurological
disorders.
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Major Key Players

• Some of the major players operating in this
  market are
• Soterix Medical Inc.
• Medtronic
• Abbott
• Boston Scientific Corporation
• LivaNova PLC
• Axonics Modulation Technologies, Inc.
• Cochlear Ltd.
• MED-EL
• Nevro Corp.
• Neuronetics
• Cogentix Medical
• Johnson Johnson Services Inc.

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neuromodulation-market
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Market Segmentation

• The neuromodulation market is segmented by
  technology into internal neuromodulation and
  external neuromodulation (Non-invasive). Internal
  Neuromodulation is sub segmented 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 sub segmented into
  transcutaneous electrical nerve stimulation
  (TENS), transcranial magnetic stimulation (TMS)
  and respiratory electrical stimulation (RES).
• On the basis of application the market is
  segmented into spinal cord stimulation (SCS),
  deep brain stimulation (DBS), sacral nerve
  stimulation market, vagus nerve stimulation
  market, gastric electrical stimulation market,
  transcutaneous electrical nerve stimulation
  market, repetitive transcranial magnetic
  stimulation market and respiratory electrical
  stimulation market.

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Regional Analysis

• Based on geography, the market is segmented into
  five geographical regions
• North America
• Europe
• Asia-Pacific
• South America
• Middle East
• Africa

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