Neuromodulation Market Insights, Share & Growth Trends 2024-30

The Global Neuromodulation Market size is estimated to grow at a CAGR of around 10.3% during the forecast period, i.e., 2024-30.

Overview of the Global Neuromodulation Market: Key Statistics and Trends:

According to the latest report by MarkNtel Advisors, titled “Global Neuromodulation Market By Type (Internal Neuromodulation, (Spinal Cord Stimulation, Deep Brain Stimulation, Vagus Nerve Stimulation, Sacral Nerve Stimulation, Gastric Electrical Stimulation), External Neuromodulation, (Transcutaneous Electrical Nerve Stimulation (TENS), Transcranial Magnetic Stimulation (TMS), Respiratory Electrical Stimulation)), By Application (Neuromodulation for Spinal Cord Stimulation, (Chronic Pain, Failed Back Surgery Syndrome (FBSS), Ischemia), Neuromodulation for Deep Brain Stimulation, (Parkinson’s Disease, Tremors, Depression, Others), Neuromodulation for Sacral Nerve Stimulation, (Urine Incontinence, Fecal Incontinence), Neuromodulation for Vagus Nerve Stimulation, (Epilepsy, Others), Neuromodulation for Gastric Electrical Stimulation, (Gastroparesis, Obesity), Neuromodulation for Transcutaneous Electrical Nerve Stimulation (Treatment-Resistant Depression, Others), Neuromodulation for Transcranial Magnetic Stimulation, (Depression, Migraine), Neuromodulation for Respiratory Electrical Stimulation, (Spinal Cord Injury)), and Others, The Global Neuromodulation Market size is estimated to grow at a CAGR of around 10.3% during the forecast period, i.e., 2024-30. The report provides a thorough analysis of the market, covering competitor dynamics, regional insights, and a detailed breakdown of industry segments.

Global Neuromodulation Market Growth and Scope:

Base Year: 2023

Forecast Period: 2024-30

Historical Data: 2019-22

CAGR (2024-2030): 10.3%

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Global Neuromodulation Market Opportunity:

Increasing Healthcare Spending in Emerging Economies to be the Market Booster— Many developing countries, including India, Australia, Brazil, and others, have started focusing on their population's mental health. As emerging nations continue their development trajectory, they offer lucrative growth potential for the neuromodulation market. Also, there has been an enhanced increment in the cases of disorders like Alzheimer's, Parkinson's, etc., amongst the population across the region. It would further contribute to the rising demand for the neuromodulation solutions. Moreover, with the growing awareness and ever-improving healthcare infrastructure in these nations, market players are likely to focus their attention and investments to cater to the neurological healthcare needs, further driving the market.

A Comprehensive Analysis of Leading Companies of Neuromodulation Market by MarkNtel Advisors:

  • Medtronic Plc
  • Abbott Laboratories
  • Boston Scientific Corporation
  • NeuroSigma, Inc.
  • Neuropace Inc.
  • Softerix Medical Inc.
  • Aleva Neurotherapeutics
  • Synapse Biomedical Inc.
  • Theranica Bio-Electronics Ltd.
  • Neuronetics
  • Axonics, Inc.
  • Gimer Medical
  • Nalu Medical, Inc.
  • Helius Medical Technologies, Inc.
  • MicroTransponder Inc.
  • Others

Key Neuromodulation Market Segmentation:

Explore Our Comprehensive Study:  https://www.marknteladvisors.com/research-library/neuromodulation-market.html

-By Application

  • Neuromodulation for Spinal Cord Stimulation
  • Neuromodulation for Deep Brain Stimulation
  • Neuromodulation for Sacral Nerve Stimulation
  • Neuromodulation for Vagus Nerve Stimulation
  • Neuromodulation for Gastric Electrical Stimulation
  • Neuromodulation for Transcutaneous Electrical Nerve Stimulation
  • Neuromodulation for Transcranial Magnetic Stimulation
  • Neuromodulation for Respiratory Electrical Stimulation

The Respiratory Electrical Stimulation (RES) is gradually experiencing prominence in the Global Neuromodulation market

-By Type

  • Internal Neuromodulation- Market Size & Forecast 2019-2030F, USD Million
  • External Neuromodulation- Market Size & Forecast 2019-2030F, USD Million

Geographical Analysis

-By Region

  • North America
  • South America
  • Europe
  • The Middle East & Africa
  • Asia Pacific

North America has been witnessing high growth in the Global Neuromodulation Market and, at the same time, is projected to maintain its growth momentum over the next couple of years, mainly due to the United States.

Key Reports Highlights:

  • Market Dimensions & Projections
  • Pricing Evaluation,
  • Recent Strategic Moves by Companies,
  • Primary Stakeholders,
  • Analysis of Import and Export Trends,
  • Competitive Landscape Assessment,
  • Emerging Opportunities,
  • Market Trends and Indicators

“Report Delivery Format: Market research reports from MarkNtel Advisors are available in PDF, Excel, and PowerPoint formats. Once payment is successfully processed, the report will be delivered to your email address within 24 hours”

Key Advantages of the Report by MarkNtel Advisors:

  • Accurate Revenue Projections: The report provides precise revenue estimates for the market and its key sub segments, benefiting both market leaders and new entrants.
  • Strategic Insights for Stakeholders: By understanding the competitive landscape, stakeholders can strategically position their businesses and develop effective go-to-market strategies.
  • Comprehensive Market Dynamics Analysis: The report offers valuable insights into the key drivers, restraints, challenges, and opportunities within the market, helping stakeholders make well-informed decisions.

Note: If you need additional information not included in the report, we can customize it to suit your requirements.

Contact Our Analysts for Brochure Requests, Customization, or Any Pre-Purchase Inquiries: https://www.marknteladvisors.com/query/request-customization/neuromodulation-market.html

About Us –

MarkNtel Advisors is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative & quantitative research company, strive to deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.

We have our existence across the market for many years and have conducted multi-industry research across 80+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East & Africa, etc., and many countries across the regional scale, namely, the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others.

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