Europe is the second-largest market for neural implants. Factors such as the rising awareness of ambulatory neural implant devices for neurological disorders coupled with improved healthcare infrastructure, various favorable guidelines, and availability of technologically advanced neural implants are driving the growth of the neural implants market in the region. Germany, France, the UK, Italy, and Spain are the major revenue generators in the region.
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Country-wise, the market is analyzed based on the UK, Germany, France, Italy, Spain, and Rest of Europe. Germany is the major revenue generator in the European market. The country is experiencing healthy growth due to the increasing demand for neural implants at a rapid rate owing to the significant rise in the prevalence/incidence of several neural disorders. Also, in Germany, more than 20% of the population is aged above 60 years. The older population is more likely to develop various diseases such as PD, chronic pain, and other compared to the general population. Back pain is highly prevalent in the country and is a major public health burden. Epidemiological studies reported around 48% of men suffer from lower back pain, of which around 29% are aged 65 years and above.
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- Market Coverage
- Market number available for – 2024-2031
- Base year- 2024
- Forecast period- 2024-2031
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Market Segmentation
European Neural Implants Market by Product
- Deep Brain Stimulation (DCS)
- Spinal Cord Stimulation (SCS)
- Vagus Nerve Stimulation (VNS)
European Neural Implants Market by Application
- Chronic Pain
- Epilepsy
- Parkinson’s Disease (PD)
- Others (Depression and Other Movement Disorders)
European Neural Implants Market by End-user
- Hospitals
- Outpatient Surgery Centers
- Specialized Neurological Centers (SNCs)
Regional Analysis
- UK
- Germany
- France
- Italy
- Spain
- Rest of European
Company Profiles
- Abbott
- ALEVA NEUROTHERAPEUTICS SA
- BIOS
- Boston Scientific Corporation
- LivaNova PLC
- Medtronic
- Renishaw plc
- Saluda Medical Pty Ltd.
The Report Covers
- Comprehensive research methodology of the Europe neural implants market.
- This report also includes a detailed and extensive market overview with the key analyst insights.
- An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
- Analysis of regional regulations and other government policies impacting the Europe neural implants market.
- Insights about market determinants which are stimulating the Europe neural implants market.
- Detailed and extensive market segments with the regional distribution of forecasted revenues.
- Extensive profiles and recent developments of market players.
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