Orion Market Research Report Neuroprosthetics Market | Page 2

geography. The report provides detailed and insightful chapters on market overview, key findings,
strategic recommendations, market estimations, market determinants, key company analysis, market
share analysis, competitive landscape, company profiling, market segmentation, geographical analysis,
analyst insights.
“The Neuroprosthetics Market on the basis of treatment technique is bifurcated as deep brain stimulation
(DBS), vagus nerve stimulation (VNS), sacral nerve stimulation (SNS) and spinal cord stimulation (SCS). DBS
as a treatment has been approved by the FDA in 1997 for essential tremor and Parkinson's disease; in
2003 for dystonia; and for OCD in 2009. DBS system is being used in research studies for the treatment of
chronic pain, Post-Traumatic Stress Disorder (PTSD). It has also been used for the treatment of various
affective disorders such as major depression. DBS is a neurosurgical process that involves implantation of
a medical device, neurostimulator or sometimes called brain pacemaker. This device sends electrical
impulses to specific targets in the brain through implanted electrodes for treating the movement and
neuropsychiatric disorders.”
Browse the full report on Neuroprosthetics Market by Type (Motor Prosthetics, Sensory Prosthetics,
Cognitive Prosthetics, Visual Prosthetics), by Treatment Technique (Deep Brain Stimulation, Vagus
Nerve Stimulation, Sacral Nerve Stimulator, Spinal Cord Stimulator), by Application (Motor Disorder,
Physiological Disorder, Cognitive Disorder) – Global Trends, Market Size, Share, Growth, Research and
Forecast 2019-2025 at: https://www.omrglobal.com/industry-reports/neuroprosthetics-market/
The market on the basis of geography is divided among four major regions – North America, APAC, Europe,
and Rest of the world. North America is considered to be dominating market. The market is expected to
grow at a stable CAGR. North American market is driven by high prevalence of spinal cord injuries, ability
of people to afford the expensive treatment and research and development in artificial senses. Asia Pacific
market is expected to have the highest CAGR amongst all regions for the forecast period of 2018-2023.
APAC market is driven by increasing disposable income and improved healthcare facilities in the Asian
countries.
Market Segmentation
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Neuroprosthetics Market, By Type
Neuroprosthetics Market, By Treatment Technique
Neuroprosthetics Market, By Application
Region Covered
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North America (US and Canada)
Europe (Uk, Germany, France, Spain, and Italy)
Asia-Pacific (China, India, South Korea, and Japan)
Rest of the World (Middle East & Africa and Latin America)