Neurostimulation Devices IndustryGrowthAnalysis and Forecasts to 2022 Neurostimulation Devices Market Growth Analysis | Page 2
Neurostimulation Devices Market - Global Industry Analysis, Size, Share,
Growth, Trends and Forecasts – 2022
Market growth can be attributed to factors such as rising geriatric population, increasing prevalence of
neurological diseases, strong product pipeline offered by the players. In addition, rapid advances in the field
of neurostimulation and development of minimally invasive techniques have greatly expanded the market.
High cost of treatment and negative social perception is restraining the growth of neurostimulation devices
Market.
Company Coverage of Global Neurostimulation Devices Market: Medtronic, Boston Scientific, St Jude
Medical, Liva Nova(Cyberonics), Nevro.
Segment Insights:
Spinal cord stimulation segment dominated the neurostimulation devices market with more than XX%
share in 2015. But its market share will dwindle in the forecasting period due to the highest growth rate of
deep brain stimulation segment. It is expected that deep brain stimulation segment will grab nearly 20%
market share by the year end of 2021.
Regional Insights
North America is seen as the dominant player in the neurostimulation devices market followed by Europe,
Asia–Pacific, and rest of the world (RoW) in 2015. In the coming years, the neurostimulation devices market
is expected to witness the highest growth rate in the Asian region, with emphasis on India, China, and
Japan. These countries are expected to increase revenues for the manufacturers of devices involved in
neurostimulation.
Complete report available at http://www.marketreportsonline.com/507468.html