DUBLIN, Nov. 25, 2015 /PRNewswire/ -- Research and
Markets
(http://www.researchandmarkets.com/research/4bn96r/global) has
announced the addition of the "Global Neuromodulation Market 2020"
report to their offering.
According to the new report entitled, Global Neuromodulation
Market 2020, the Neuromodulation/Neurostimulation industry is set
to revolutionize the healthcare domain and to reach US$ 6.5 Billion by 2020. Neuromodulation directly
influences the body's regulation systems by applying electrical
signals to target nerves. The therapy provides relief to patients
from pain and accompanying side-effects of drugs. The technology
used is expected to replace conventional treatments for
neurological disorders in the near future.
Furthermore, the report covers an exhaustive research into
different types of Neuromodulation procedures and their
applications. Thereafter, based on the type of procedure, the
market is segmented into internal and external neurostimulation. In
terms of applications, the industry is bifurcated primarily into
sacral nerve stimulation, deep brain stimulation and vague nerve
stimulation, among others. Geographically, North America dominated the industry covering
41% of the global market last year.
Also, rising incidences of Alzheimer's and Parkinson syndromes,
a growing aging population, increasing awareness, and expanding
applications of neurostimulation devices are key contributors to
the industry's growth. The study provides a detailed description of
the market size, segmentation, mergers & acquisitions, industry
developments and major hurdles facing the industry. A separate
section is devoted to the competitive landscape, including key
players and their past five year revenue growth. Another analysis
revealed that Medtronic led the market in 2014 whereas Cyberonics
witnessed the highest CAGR in the market for the last five years.
Other players in the competition include Boston Scientific, Nevro,
Dupoy Synthesis and other small players.
Companies Mentioned
- Boston Scientific
- Cyberonics
- Medtronic
- Nevro
- St. Jude Medical
Key Topics Covered:
1. Analyst View
2. Research Methodology
3. Neuromodulation- An Introduction
4. Drivers & Challenges
5. Neuromodulation Market Overview
6. Market Segmentation
7. Trends & Developments
8. Mergers & Acquisitions
9. Competitive Assessment
10. Recommendations
For more information visit
http://www.researchandmarkets.com/research/4bn96r/global
Media Contact:
Laura Wood, +353-1-481-1716,
press@researchandmarkets.net