Neurostimulation Devices Market

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Neurostimulation Devices Market 2020-2022
Industry Survey, Growth, Competitive
Landscapeand Forecasts to 2022
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Neurostimulation Devices Market 2020-2022
Neurostimulation Devices Market Highlights
Neurostimulation is a modulation of the nervous
systems activity. It is deliberately carried out
by using invasive and non-invasive techniques.
Implantable stimulation devices are most commonly
used in the treatment of the neurological
conditions such as epilepsy, Parkinsons disease,
dystonia, tremors, depression, obsessive
compulsive disorder, diabetic neuropathy, and few
other conditions. Increasing cases of the
neurological disorders such as chronic pain and
depression high adoption of the neurostimulation
therapy are likely to improve the market of
neurostimulation devices. According to the World
Health Organisation (WHO) neurological disorders
are responsible for 4.5-11 of all illnesses
including in low or high income economies. This
is far higher as compared to the number of
respiratory ailments, gastrointestinal disorders,
or cancers, and the burden is expected to rise
further over the coming years.

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Neurostimulation Devices Market 2020-2022
Neurostimulation Devices Regional Analysis

• America account for the largest market share in
  neurostimulation devices market. The growth is
  attributed to an increasing demand for
  cardiovascular devices for the treatment of
  cardiovascular diseases and increasing prevalence
  of neurological diseases in the market.
  Additionally, the market growth is also boosted
  by increasing expenditure on neurostimulation
  devices in North America.
• Additionally, invention of new technology,
  increasing awareness, and investments in research
  and development have boosted the neurostimulation
  market. However, high cost associated with
  monitoring and diagnosis of disease may restrain
  the market growth.    
• According to Centre for Disease Control and
  Prevention (CDC), in 2015, 1.2 of the total U.S.
  population had active epilepsy accounting for
  about 3.4 million people with epilepsy nationwide
  which includes 3 million adults and 470,000
  children.
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Neurostimulation Devices Market 2020-2022
Neurostimulation Devices Market Segmental Analysis

• Neurostimulation devices market has been
  segmented on the basis of type which comprises
  implantable devices, and external devices.
  Implantable devices include deep brain
  stimulators, spinal cord stimulators, sacral
  nerve stimulators, gastric electric stimulators,
  cochlear implants, and vagus nerve stimulators
  whereas external devices include transcutaneous
  electrical nerve stimulator, and transcranial
  magnetic stimulator. On the basis of application,
  the market is segmented into dystonia, epilepsy,
  Parkinson's disease, depression, gastroparesis,
  pain management, tremors, urinary and fecal
  incontinence, and others. On the basis of end
  user, market is segmented into hospitals/clinics,
  cognitive care centers, research institutes and
  others.

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Neurostimulation Devices Market 2020-2022
Neurostimulation Devices Market Key Players

• Autonomic Technologies,
• Boston Scientific Corporation,
• ElectroCore,
• ImThera Medical,
• Inspire Medical Systems,
• LivaNova (Cyberonics),
• Medtronic, 
• NeuroMetrix, 
• NeuroPace,
• Neuros Medical
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