Market Insights
Rise in base of geriatric population, increasing number of patients with neurological disorders, strong product pipeline with
various innovations, increasing number of target applications, and increasing demand from emerging countries are the
primary driving factors contributing for the growth of this market. Neuromodulation is reversible and adjustable, in which
physicians can on-invasively manage the electrical parameters with a programmer to effectively control disease symptoms.
However, there are certain factors which could hamper the growth of this market, includes unfavorable reimbursement
scenario and lack of sufficient number of trained professionals to treat disorders.
Make an Enquiry: https://www.infiniumglobalresearch.com/reports/enquiry/149
Segment Covered
The report on global neuromodulation market covers segments such as, technology and application. On the basis of
technology the global neuromodulation market is categorized into deep brain stimulation, spinal cord stimulation, gastric
stimulation, sacral nerve stimulation, vagus nerve stimulation and others. On the basis of application the global
neuromodulation market is categorized into chronic pain, parkinson’s disease, dystonia, essential tremor, gastroparesis,
obsessive compulsive disorder (OCD), refractory epilepsy, treatment resistant depression (TRD), urinary fecal incontinence
and other applications.
Geographic Coverage
The report provides regional analysis covering geographies such as North America, Europe, Asia-Pacific, and Rest of the World.
In this section the key trends and market size for each geography is provided over the period of 2015-2023.
The countries covered in the North America region include the U.S., Canada, and Mexico; while Asia-Pacific includes China,
Japan, India, South Korea, Malaysia, and among others. Moreover, Germany, U.K., France, Spain, and Rest of Europe are
included in the European region. The U.S. drives the growth in the North America region as it is the largest market in the
region. The Asia-pacific region offers a substantial potential for the market growth owing to rapid growth in markets such as
India and China. The APAC region is projected to experience a growth at a CAGR of x.x% over the period of 2017-2023.
Infinium Global Research