Overview
The Neurostimulation Devices Market is expected to grow at a High CAGR during the forecast period 2024-2031.
Neurostimulation devices are medical tools that modulate nervous system activity using electrical impulses. These devices treat a range of neurological and psychiatric conditions by targeting specific neural circuits and adjusting their function. The goal of neurostimulation therapy is to relieve symptoms, improve patient outcomes, and enhance the quality of life for those affected by various disorders.
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Market Growth Trends
Rising advancements in neurostimulation devices
Advancements in neurostimulation devices are anticipated to fuel market growth during the forecast period. New technologies in non-invasive and wearable devices provide convenient, accessible treatment options for patients with neurological and psychiatric disorders.
Utilizing methods like transcranial magnetic stimulation and transcutaneous electrical nerve stimulation, these devices deliver therapy without requiring invasive procedures, broadening market potential and improving patient access.
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Market is segmented
By Product: Implantable Neurostimulation Devices, External Neurostimulation Devices
By Type: Spinal Cord Stimulation Devices, Deep Brain Stimulation Devices, Vagus Nerve Stimulation Devices, Sacral Nerve Stimulation Devices, Peripheral Nerve Stimulation Devices, Others
By Application: Epilepsy, Chronic Pain Management, Parkinson's Disease, Depression and Psychiatric Disorders, Sleep Disorders, Others
By End-User: Hospitals, Specialty Clinics, Ambulatory Surgical Centers, Academic and Research Institutes, Others
By Region: North America, Europe, South America, Asia Pacific, Middle East, and Africa
Market Key Players
· Boston Scientific Corporation
· Medtronic plc
· NeuroPace, Inc.
· Abbott Laboratories
· Nalu Medical, Inc.
· Curonix LLC
· LivaNova PLC
· Nevro Corp
· Dr. Langer Medical GmbH
· Phagenesis Ltd
Related Reports
Spinal Cord Stimulation Market
Deep Brain Stimulation Devices Market
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