Learn about the global neurostimulation devices market through The Business Research Company, which provides information on neurostimulation devices market size, neurostimulation devices market drivers and restraints, neurostimulation devices market players, the COVID-19 impact on the neurostimulation devices market, and more.

The global neurostimulation devices market size is expected to grow from $5.07 billion in 2021 to $5.74 billion in 2022 at a compound annual growth rate (CAGR) of 13.3%. The global neurostimulation device market size is expected to grow to $9 billion in 2026 at a CAGR of 11.9%.

The rising geriatric population across the globe is driving the growth of the neurostimulation device market.

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The neurostimulation devices market consists of sales of surgically or externally placed neurostimulators and related services. The neurostimulation devices are designed to deliver electrical stimulation to specific parts of the patient’s brain, spinal cord, or peripheral nervous system for the treatment of various conditions such as chronic pain, movement disorders, epilepsy, and Parkinson’s disease.

Global Neurostimulation Devices Market Segments Include:

By Product: Implantable Devices, External Devices

By Application: Pain Management, Epilepsy, Essential Tremor, Urinary and Fecal Incontinence, Depression, Dystonia, Gastroparesis, Parkinson’s Disease

By End-User: Hospitals, Rehabilitation Centres, Medical Clinic

By Implantable Device: Cochlear Implants, Deep Brain Stimulation, Spinal Cord Stimulation, Vagus Nerve Stimulation, Sacral Nerve Stimulation, Gastric Electric Stimulation

By External Device: Transcranial Magnetic Stimulation (TMS), Transcutaneous Electrical Nerve Stimulation (TENS)

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America was the largest region in the neurostimulation devices market in 2021.

Minimally invasive treatments are being developed for the treatment of various neurological disorders. The neurostimulation devices are being innovated in a way to cause minimum invasion during neurological treatments.

TBRC’s neurostimulation devices market report covers:

Major Market Players: Medtronic, Cyberonics, Boston Scientific Corporation, St. Jude Medical, Nevro Corporation, Neuronetics Inc, NeuroPace Inc, NeuroSigma Inc, Cochlear Ltd, and NDI Medical.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)

The Neurostimulation Devices Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provides neurostimulation devices market overviews, analyzes and forecasts market size, share, neurostimulation devices market players, neurostimulation devices market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s neurostimulation devices market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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