Neurostimulation Devices Market Share , Size , Analysis , Growth , Trends and Forecasts , 2012 to 2020 | Hexa Research
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Neurostimulation Devices Market Share , Size , Analysis , Growth , Trends and Forecasts , 2012 to 2020 | Hexa Research
A recent study by Hexa Research revealed that limited range of treatment choices relating to medical conditions like epilepsy , Alzheimer ’ s disease , Parkinson ’ s disease , migraine headaches , etc . is one of the key drivers of the global neurostimulation devices market . An upcoming application area is the use of neurostimulation devices for therapeutic purposes , commonly referred to as neuromodulation . The neurostimulation devices market is benefitting from technological advancements like the transdermal neuromodulation technology by Neurowave Medical Technologies and MRI safety -enabled devices by Medtronics , Inc . Rising elderly populace - a high risk demographic for Parkinson ’ s and Alzheimer ’ s , is also driving market growth . Accelerated demand for neurostimulation devices in the future years is expected to result from untapped market opportunities in emerging economies of Asia as well as Latin America and the growing number of externally funded clinical programs for development of new products .
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