An implantable neurostimulator is a surgical device about the size of a stopwatch. It carries a weak electrical signal to the epidural space near the spine through one or more thin wires called leads. A complete implantable nerve stimulation system includes several components: a nerve stimulator, a lead, a physician’s programmer, and a patient’s programmer.
In the past few years, the US implantable neurostimulator market has developed rapidly with an average growth rate of 11%. In 2015, US implantable neurostimulator production capacity was nearly 169,000 units, actual production was about 130,000 units, and local sales were about 87,000 units.
The Minnesota region is the largest supplier of implantable neurostimulators, with a production market share of nearly 39%. Massachusetts is the second largest supplier of implantable neurostimulators, with a production market share of nearly 18%.
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The major manufacturers covered in this report
- Medtronic
- Boston Scientific
- Jude Medical
- Cyberonics
- NeuroPace
- Synapse Biomedical
- NeuroSigma
- EnteroMedics
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
- Deep Brain Stimulators
- Spinal Cord Stimulators
- Vagal Nerve Stimulators
- Sacral Nerve Stimulators
- Gastric Stimulators
- Others
On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including
- Parkinson’s Disease
- Epilepsy
- Pain
- Others
Scope of the Report
The research study analyzes the global Implantable Neurostimulators industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Implantable Neurostimulators Market Report
1. What was the Implantable Neurostimulators Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
- What will be the CAGR of Implantable Neurostimulators Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Implantable Neurostimulators Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
- Proliferation and maturation of trade in the global Implantable Neurostimulators market.
- The market share of the global Implantable Neurostimulators market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the global Implantable Neurostimulators market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Implantable Neurostimulators market.
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