Global Neuromodulation Market Size, Share, Trends, Demand, Growth and Competitive Analysis 2030

The recent analytical report published by Markntel Advisors (a leading consulting, data analytics, and market research firm), Market comprises a detailed study of critical and major aspects of market dynamics, i.e. market trends, size, forecasts, growth factors, challenges, and competitor landscape.

In-Depth Market Overview of Global Neuromodulation Market (2024-2030):

According to the latest report, the Global Neuromodulation Market size is estimated to grow at a CAGR of around 10.3% during the forecast period, i.e., 2024-30. The report demonstrates the prominent factors propelling the exponential growth of the Global Neuromodulation Market.


Key Takeaways: Beneficial for Stakeholders and Clients

·        Historic Period: 2019-2022

·        Base year: 2023

·        Forecast Years: 2024-2030

·        CAGR (2024-30): 10.3%

Key Perks: “In case you missed it, we are currently revising our reports. Click on the below to get the latest research data with forecasts for the years 2025 to 2030, including market size, industry trends, and competitive analysis. It wouldn’t take long for the team to deliver the most recent version of the report.”

Download a sample PDF of this report to gain insights into the complete report structure : https://www.marknteladvisors.com/query/request-sample/neuromodulation-market.html

What are the major Driver the Global Neuromodulation Market?

Increasing Instances of Depression to Drive Market Growth- Globally, there has been a substantial increment in the instances of depression. Initially, with the start of the pandemic situation, and lockdown conditions, the social gatherings of individuals were largely reduced. Hence, they have experienced an increment in social anxiety and depression cases. Also, the global healthcare infrastructure is not advanced enough to cater to the rising demand for mental illnesses. Hence, this has further amplified the instances of these disorders. Consequently, the demand for neuromodulation techniques has increased, as the burden of depression escalated largely in recent years.

Also, these disorders are anticipated to increase further in the coming years, mainly influenced by the changing lifestyles and growing working population across the globe, with desk jobs. Hence, this would further amplify the demand for neuromodulation solutions among healthcare professionals and would drive the growth of the Global Neuromodulation market in the future.

Global Neuromodulation Market Segmentation

The Global Neuromodulation Market analysis of MarkNtel Advisors explores the industry by emphasizing the growth parameters and categorizes including geographical segmentation, to offer a comprehensive understanding of the market dynamic. The further bifurcations are as follows:

  • By Type
    • Internal Neuromodulation- Market Size & Forecast 2019-2030F, USD Million
      • Spinal Cord Stimulation- Market Size & Forecast 2019-2030F, USD Million
      • Deep Brain Stimulation- Market Size & Forecast 2019-2030F, USD Million
      • Vagus Nerve Stimulation- Market Size & Forecast 2019-2030F, USD Million
      • Sacral Nerve Stimulation- Market Size & Forecast 2019-2030F, USD Million
      • Gastric Electrical Stimulation- Market Size & Forecast 2019-2030F, USD Million
    • External Neuromodulation- Market Size & Forecast 2019-2030F, USD Million
      • Transcutaneous Electrical Nerve Stimulation (TENS)- Market Size & Forecast 2019-2030F, USD Million
      • Transcranial Magnetic Stimulation (TMS)- Market Size & Forecast 2019-2030F, USD Million
      • Respiratory Electrical Stimulation- Market Size & Forecast 2019-2030F, USD Million
  • By Application
    • Neuromodulation for Spinal Cord Stimulation- Market Size & Forecast 2019-2030F, USD Million
      • Chronic Pain- Market Size & Forecast 2019-2030F, USD Million
      • Failed Back Surgery Syndrome (FBSS)- Market Size & Forecast 2019-2030F, USD Million
      • Ischemia- Market Size & Forecast 2019-2030F, USD Million
    • Neuromodulation for Deep Brain Stimulation- Market Size & Forecast 2019-2030F, USD Million
      • Parkinson’s Disease- Market Size & Forecast 2019-2030F, USD Million
      • Tremors- Market Size & Forecast 2019-2030F, USD Million
      • Depression- Market Size & Forecast 2019-2030F, USD Million
      • Others- Market Size & Forecast 2019-2030F, USD Million
    • Neuromodulation for Sacral Nerve Stimulation- Market Size & Forecast 2019-2030F, USD Million
      • Urine Incontinence- Market Size & Forecast 2019-2030F, USD Million
      • Fecal Incontinence- Market Size & Forecast 2019-2030F, USD Million
    • Neuromodulation for Vagus Nerve Stimulation- Market Size & Forecast 2019-2030F, USD Million
      • Epilepsy- Market Size & Forecast 2019-2030F, USD Million
      • Others- Market Size & Forecast 2019-2030F, USD Million
    • Neuromodulation for Gastric Electrical Stimulation- Market Size & Forecast 2019-2030F, USD Million
      • Gastroparesis- Market Size & Forecast 2019-2030F, USD Million
      • Obesity- Market Size & Forecast 2019-2030F, USD Million
    • Neuromodulation for Transcutaneous Electrical Nerve Stimulation- Market Size & Forecast 2019-2030F, USD Million
      • Treatment-Resistant Depression- Market Size & Forecast 2019-2030F, USD Million
      • Others- Market Size & Forecast 2019-2030F, USD Million
    • Neuromodulation for Transcranial Magnetic Stimulation- Market Size & Forecast 2019-2030F, USD Million
      • Depression- Market Size & Forecast 2019-2030F, USD Million
      • Migraine- Market Size & Forecast 2019-2030F, USD Million
    • Neuromodulation for Respiratory Electrical Stimulation- Market Size & Forecast 2019-2030F, USD Million
      • Spinal Cord Injury- Market Size & Forecast 2019-2030F, USD Million
  • By Region
    • North America
    • South America
    • Europe
    • The Middle East & Africa
    • Asia Pacific 

As per the regional aspect, the Global Neuromodulation Market is expected to be dominated by the North America by capturing the potential market share. 

Explore further details about this research report-

https://www.marknteladvisors.com/research-library/neuromodulation-market.html

Top Companies in the Global Neuromodulation Market

Medtronic Plc., Abbott Laboratories, Boston Scientific Corporation, NeuroSigma, Inc., Neuropace Inc., Softerix Medical Inc., Aleva Neurotherapeutics, Synapse Biomedical Inc., Theranica Bio-Electronics Ltd., Neuronetics, Axonics, Inc., Gimer Medical, Nalu Medical, Inc., Helius Medical Technologies, Inc., MicroTransponder Inc., among others

Global Neuromodulation Industry Recent Development

  • 2023: Medtronic Plc received CE mark approval for its Inceptive Closed-Loop Rechargeable SCS.
  • 2023: Boston Scientific Corporation received FDA clearance for the Vercise Neural Navigator 5 software that is a part of the Vercise Genus Deep Brain Stimulators.
Other reports:

Why Markntel Advisor Report?

Well-known business Prospects: Our accurate analysis market research report serves as a treasure map for discovering potential markets and novel product avenues. Additionally, it facilitates comparisons of products and services.

Thoughtful Customer Insights: A market report provides the marketing department with an in-depth understanding of customer requirements and desires. This information is bound to enhance products, adjust pricing, and refine advertising strategies.

Empowering Data-Backed Judgement: Our comprehensive Market research encompasses a wide spectrum of activities, including precise market sizing, detailed segment analysis, accurate demand forecasting, competitor identification, and meticulous pricing trend monitoring.

Need personalized insights? Click here to customize this report-

https://www.marknteladvisors.com/query/request-customization/neuromodulation-market.html

For Further Queries:

MarkNtel Advisors

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