Infinium Global Research Neuromodulation Market | Page 2
Neuromodulation Market: Trends and Forecast -2023
The Infinium Global Research analyzes the report of Neuromodulation Market over
the period of 2017 to 2023. This report also provides detailed qualitative and
quantitative analyses of the market dynamics, market size and future trends in
Global Neuromodulation Market. It will help a lot of decision makers to develop
strategies and find new opportunities in the Global markets of Neuromodulation.
The report covers market changing aspects including drivers, restraints,
opportunities, and trends expected to encouragement the expansion of the
Neuromodulation Market during the said period. The report also provides market
attractiveness analysis, by geography, and market share analysis, by key players
respectively. Some of the prominent participants in the Global Neuromodulation
Market are St. Jude Medical, Cyberonics, Cochlear Ltd., Advanced Bionics, Sonova
Group, Nevro Corporation, Neuronetics, Inc. and Greatbatch. According to report
the global neuromodulation market is projected to grow at a CAGR of 10.9% over
the forecast period of 2017-2023.
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Neuromodulation includes treatments that involve stimulation or administration of
medications directly to the body’s nervous system for therapeutic purposes. The
target cells for stimulation include nerves in the central and peripheral nervous
systems, the autonomic nervous system, and the deep cell nuclei of the brain,
resulting in modulation of their activity. Neuromodulation includes several
modalities, and is a cross-disciplinary approach to pain control and neurologic
dysfunction. Neuromodulation can be used to treat movement disorders, spasticity,
and epilepsy, as well as pain syndromes. Devices are implanted which can either
include drug delivery pumps or neural stimulators. The most common type is spinal
cord stimulation, which is used for back or lower extremity pain. Spinal cord
stimulation involves electrical stimulation of the spinal cord to interrupt pain
signals from the spinal cord to the brain, and to trade a painful sensation with a
more pleasant tingling sensation. The technology has been present since the 1960s
and in the past decade has become highly effective in the treatment of pain. In
addition to chronic pain relief, other neuromodulation treatments now used
include deep brain stimulation for essential tremor, Parkinson’s disease, dystonia,
epilepsy and disorders such as depression, obsessive compulsive disorder and
Tourette syndrome; sacral nerve stimulation for pelvic disorders and incontinence;
gastric and colonic stimulation for gastrointestinal disorders such as dysmotility or
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