Title: How Will The Neurostimulation Devices Market Propagate With Global Taking The Lead?
1What Is The Key Product Technology Defining
The Neurostimulation Devices Market?
Report Id PMRREP2824 Category Life Science
Healthcare
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3North America to remain dominant in the global
parenteral medical nutrition market
- In chronic pain conditions, these electric
signals block the pain messages from the damaged
nerve from reaching the brain. These devices are
gaining importance in the management of chronic
conditions such neuropathic pain, nociceptive
pain, Parkinsons disease, epilepsy, and
depression. Neuropathic pain occurs due to nerve
damage, while nociceptive pain arises from
diseases such as diabetes, cancer, and arthritis.
These devices are mostly used in cases where
systemic drug therapies are not effective. - The global neurostimulation devices market is
witnessing significant growth due to increasing
prevalence of chronic pain and rising incidences
of neurological diseases. Moreover, rising
awareness about various neurological diseases,
growing geriatric population, and increasing
investments in research and development of
innovative neurostimulation devices are also
driving the market. - However, availability of alternative treatment
therapies for neurological diseases and
side-effects of neurostimulation therapy inhibit
the growth of the market. The global
neurostimulation devices market is anticipated to
grow from an estimated US 5,088.9 Mn in 2014
to US 10,445.7 Mn by 2020 at a CAGR of 12.7
during the forecast period
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4Market Segmentation
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