Discover the Neurostimulation Devices Market lucrative opportunities by 2027

 The neurostimulation devices market is likely to attain prolific growth owing to the thriving burden of neurologic and psychiatric disorders worldwide. The increasing instances of epilepsy has made way for medications to help control and reduce the seizures for a large number of individuals. However, it has been observed that over 30% of this patient pool does not respond to drugs, subsequently bolstering the need for alternative therapies for controlling the seizures. Owing to this, neurostimulation devices are largely used to tend to these chronic conditions.

Swift advancements in neurotechnology, neuroimaging, and neurocircuitry, are substantially adding to the adoption of neurostimulation therapies. This has paved the path for various devices for neurostimulation in order to provide relief from pain by disrupting the pain signals that travel between the spinal cord and brain.

Below is a peek into some most utilized neurostimulation devices that will significantly contribute to the market expansion.

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#1 Increasing adoption of deep brain stimulators

On account of their growing adoption in the treatment of Parkinson's disease, epilepsy, dystonia, obsessive-compulsive disorder, and essential tremor, the demand for deep brain stimulators is likely to grow in the near future. These devices are used for implanting electrodes in certain areas of the brain to produce electrical impulses for regulating abnormal impulses. They are also favored by doctors to tend to movement disorders and neuropsychiatric conditions in case of ineffective medications.

Furthermore, deep brain stimulators are employed in the potential treatment of Tourette syndrome, chronic pain, cluster headache, Huntington's disease and chorea.

Browse key industry insights spread across 110 pages with 128 market data tables & 11 figures & charts from the report, “Neurostimulation Devices Market Size By Product (Deep Brain Stimulator, Gastric Electric Stimulator, Spinal Cord Stimulator, Sacral Nerve Stimulator, Vagus Nerve Stimulator, Transcutaneous Electrical Nerve Stimulation [TENS]), By Application (Pain Management, Epilepsy, Essential Tremor, Urinary and Fecal Incontinence, Depression, Dystonia, Gastroparesis, Parkinson’s Disease), COVID-19 Impact Analysis, Regional Outlook, Growth Potential, Competitive Market Share & Forecast, 2021 – 2027” in detail along with the table of contents:

https://www.gminsights.com/industry-analysis/neurostimulation-devices-market-report

#2 Rising need for spinal cord stimulators

Spinal cord stimulators are witnessing higher utility for improving the overall quality of life and sleep while limiting the need for pain medicines. These devices work together with pain management treatments, such as medications, physical therapy, exercise, and relaxation methods.

This procedure is mostly utilized in cases where nonsurgical pain treatment options fail to render sufficient relief. This stimulator is surgically placed under the skin to send a mild electric current to the spinal cord for treating and managing back, heart and post-surgical pain as well as Arachnoiditis.

#3 Greater usage of sacral nerve stimulators in children

The limitations of medications, dietary changes, behavior modification and surgical intervention in the treatment of constipation or incontinence, mainly in children, has led to the increasing adoption of sacral nerve stimulation. This technique is best suited for treating minors diagnosed with Hirschsprung disease, idiopathic constipation, spina bifida, and anorectal malformation.

Sacral nerve stimulators are small transmitters that are placed beneath the skin in the upper buttock area to deliver gentle electrical impulses through a thin wire that is located near the sacral nerve. These devices work like a pacemaker as they stimulate the bowel, bladder muscles and sphincter to work normally.

The growing cruciality of neurostimulation devices has pushed various industry players to come up with new product launches to sustain competition and meet the escalating healthcare requirements. For instance, in January 2021, Boston Scientific introduced WaveWriter Alpha™, its portfolio of SCS (spinal cord stimulator) systems in the U.S. to combine several therapy options to offer personalized pain relief.

Partial Table of Contents (ToC) of the report:

Chapter 1   Methodology

1.1    Methodology

1.2    Market definitions

1.3    Forecast parameters

1.4    Data sources

1.4.1    Secondary

1.4.1.1    Paid Sources

1.4.1.2    Unpaid Sources

1.4.2    Primary

Chapter 2   Executive Summary

2.1    Neurostimulation devices industry 3600 synopsis, 2016 - 2027

2.1.1    Business trends

2.1.2    Product trends

2.1.3    Application trends

2.1.4    Regional trends

Chapter 3   Neurostimulation Devices Industry Insights

3.1    Industry segmentation

3.2    Industry landscape, 2016 – 2027 (USD Million)

3.3    Industry impact forces

3.3.1    Growth drivers

3.3.1.1    Increasing demand for minimally invasive surgery in developed countries

3.3.1.2    Increasing prevalence of neurological disorders globally

3.3.1.3    Technological advancements in neurostimulation devices

3.3.1.4    Increasing number of elderly patients with neurological disorders

3.3.2    Industry pitfalls & challenges

3.3.2.1    Complications associated with neurostimulation devices

3.3.2.2    Lack of skilled healthcare practitioners

3.4    Growth potential analysis

3.4.1    By product

3.4.2    By application

3.5    COVID-19 impact analysis

3.6    Porter’s analysis

3.7    Regulatory landscape

3.8    Competitive landscape, 2020

3.8.1    Company matrix analysis, 2020

3.9    PESTEL analysis

Browse complete table of content of this report@ https://www.gminsights.com/toc/detail/neurostimulation-devices-market-report

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