Neuromodulation Devices Market Global Industry Analysis and Forecast Neuromodulation Devices Market | Page 4
Neuromodulation Devices Market
Neuromodulation is technology that is used for the alteration or modulation of the nerve activity by
using chemical agents or electrical stimulation to the specific neurological sites in the body. Most of the
neuromodulation devices work through electrical stimulation.Neuromodulation devices are used by the
application of electrodes to the brain, peripheral nerves or the spinal cord. The electrode leads in
neuromodulation devices are connected through an extension cable to a power source and pulse
generator, which generates required electrical impulses. A low-voltage electrical signal passes from the
impulse generator to the nerves, and work by either stimulating the neural impulses where they were
not present previously or inhibiting the pain signals. Neuromodulation devices are used to treat or
enhance the quality of life of people suffering from the conditions such as, chronic pain, urinary and fecal
incontinence, essential tremor, epilepsy, Parkinson’s disease, dystonia and psychological disorders. The
conditions which are being treated with neuromodulation devices are mostly permanent in nature so it
requires a long term use of neuromodulation devices.
Neuromodulation Devices Market: Drivers and Restraints
The global market for neuromodulation devices is primarily driven by the increase in geriatric population
in developed countries such as, the U.S., Europe, and Japan. Increasing incidence of neurological
disorders is another factor responsible for the growth of neuromodulation devices market. Other growth
factors for neuromodulation devices market are miniaturization of devices, new neuromodulation
devices approval by regulatory bodies and increasing awareness among people.
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