Neuromodulation Market Analysis, Size, Trends | Global | 2017-2023 | MedCore
- Year: 2017
- Scope: 2013-2023
- Region: China, Europe, India, Japan, United States
- Published Date: 01/02/2017
- Pages: 728
- Type: MedCore
Growth in the neuromodulation market will be propelled by a wider acceptance of products, allowing them to be used on a larger proportion of potential patients. In addition, many neuromodulation patients require multiple devices over their lifetimes because the battery life of neuromodulation devices are limited, ranging from three to ten years. Furthermore, the neuromodulation market has had a relatively low penetration rate, and therefore has excellent growth potential.
One fast growing segment of this market is the deep brain stimulators market. This market will benefit from the expected entry of new competitors, which will lead to increasing average selling prices and unit sales through the established sales network of major market players including St. Jude Medical (now Abbott) and potentially Boston Scientific.
Report Regional Coverage
Throughout this research series, iData has covered several countries in great detail. Each country may be purchased as a stand-alone report, tailoring the data to your needs. The covered countries are:
- United States
- Europe (15 countries including: Germany, France, U.K., Italy, Spain, Benelux (Belgium, Netherlands and Luxembourg), Scandinavia (Denmark, Finland, Norway and Sweden) Austria, Switzerland and Portugal)
The Only Medical Device Market Research With:
|✔ Unit Sales Growth Analysis
✔ Average Selling Prices
✔ Competitor Shares by Segment & Country
✔ SKU-Level Research Methods
✔ The Lowest Acquisition Cost
Highly Detailed Segmentation
- Spinal Cord Stimulator Market
- Vagus Nerve Stimulator Market
- Deep Brain Stimulator Market
- Gastric Electric Stimulator Market
- Sacral Nerve Stimulator Market
*Not all segments covered in each country
Report Data Types Included
- Unit Sales, Average Selling Prices, Market Value & Growth Trends
- 10 Year Scope (3 Year Historical + 7 Year Forecast Period)
- Market Drivers & Limiters for Each Segment
- Competitive Analysis with Market Shares
- Product Portfolios
Neuromodulation Devices Market Share Insights
Of the many companies in the neuromodulation market, Medtronic is the leader. They gained their strong position by creating brand recognition, a strong reputation, and established relationships with physicians, they also offer five different neurostimulators under their RESTORE® product line.
Boston Scientific and St.Jude Medical, which has been acquired by Abbott are also significant players in both the United States and the European regions of the neuromodulation market. In the United States, Boston Scientific offers three different products in the Precision line of spinal cord stimulator systems. Of their three systems, their Montage system is MRI compatible and their Spectra system is designed for more coverage and more advanced control by controlling the amount of current to each contact.
All Companies Analyzed in this Study
About Our In-Depth MedCore Research
Our analysts meticulously research for up to 3 to 4 months to put together one suite of reports (MedSuite), which is a comprehensive analysis on a group of healthcare markets. A MedCore is one portion of that analysis that focuses on one market segment, and provides further detailed segmentation to get a much more granular set of market data.
This MedCore is also found in the full report suite titled Neurological Devices Market Report Suite.
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