The global neuromodulation devices market is expected to grow from USD 4.9 billion in 2019 to USD 10.2 billion by 2027, at a CAGR of 9.5% during the forecast period 2020-2027.
Neuromodulation is the modification of nerve function to different neuronal locations in the body by selective delivery of a stimulus, such as chemical agents or electrical stimulation. This technique is utilised by neuromodulation devices to treat neurological diseases like Parkinson’s and Alzheimer’s.
This study delivers a comprehensive analysis of biomaterials, technology, applications, and regions. The biomaterial segment includes ceramic, polymeric and metallic. Based on technology, the market has been divided into external neuromodulation, and internal neuromodulation. On the basis of applications, the market has been segmented into transcranial magnetic stimulation market, deep brain stimulation market, vagus nerve stimulation market, respiratory electrical stimulation market, transcutaneous electrical nerve stimulation market, spinal cord stimulation market, sacral nerve stimulation market, and gastric electrical stimulation market. The deep brain stimulation segment held the largest market share due to the rising number of cases of Parkinson’s disease and heavy R&D investment.
The market has been divided into North America, Europe, Asia-Pacific, Middle East & Africa, and South America. The Asia-Pacific region stands as a promising market for neuromodulation devices and is expected to grow at the highest CAGR during the forecast period. The primary drivers of this market's growth are rising investment in R&D and the high prevelance of neurological disorders. The markets in Japan, Thailand, Indonesia, China, and India are proliferating, commanding significant shares in the regional market.
Some of the notable players in the neuromodulation devices market are BioControl Medical, Medtronic, BlueWind, LivaNova, Integer Holdings Corporation, Neuronano, NeuroSigma, Nevro Corporation, Neuronetics, MicroTransponder, Abbott, Synapse Biomedical, GiMer Medical, Neuronano, Boston Scientific Corporation, GTX Medical, Nevro Corporation, Bioness, Soterix Medical, Helius Medical Technologies, NeuroPace, and GiMer Medical among others. The key players are now concentrating on implementing strategies such as adopting new technology, product innovations, mergers & acquisitions, joint venture, alliances, and partnerships to improve their market position in the global neuromodulation devices industry.
In 2017, Medtronic established a collaboration agreement with Mercy to create a new data exchange and research network that will help collect scientific evidence for innovation in medical devices and patient accessibility.
This study predicts revenue growth at global, national, and country levels from 2020 to 2027. Fior Markets has segmented the market based on below-mentioned segments:
Global Neuromodulation Devices Market Analysis And Forecast, By Biomaterial
Global Neuromodulation Devices Market Analysis And Forecast, By Technology
Global Neuromodulation Devices Market Analysis And Forecast, By Applications
Global Neuromodulation Devices Market Analysis And Forecast, By Regional Analysis
1. Introduction
1.1. Objectives of the Study
1.2. Market Definition
1.3. Research Scope
1.4. Currency
1.5. Key Target Audience
2. Research Methodology and Assumptions
3. Executive Summary
4. Premium Insights
4.1. Porter’s Five Forces Analysis
4.2. Value Chain Analysis
4.3. Top Investment Pockets
4.3.1. Market Attractiveness Analysis By Biomaterial
4.3.2. Market Attractiveness Analysis By Technology
4.3.3. Market Attractiveness Analysis By Application
4.3.4. Market Attractiveness Analysis By Region
4.4. Industry Trends
5. Market Dynamics
5.1. Market Evaluation
5.2. Drivers
5.3. Restrains
5.4. Opportunities
5.5. Challenges
6. Global Neuromodulation Devices Market Analysis and Forecast, By Biomaterial
6.1. Segment Overview
6.2. Ceramic
6.3. Polymeric
6.4. Metallic
7. Global Neuromodulation Devices Market Analysis and Forecast, Technology
7.1. Segment Overview
7.2. External Neuromodulation
7.3. External Neuromodulation
8. Global Neuromodulation Devices Market Analysis and Forecast, By Application
8.1. Segment Overview
8.2. Transcranial Magnetic Stimulation
8.3. Deep Brain Stimulation
8.4. Vagus Nerve Stimulation
8.5. Respiratory Electrical Stimulation
8.6. Transcutaneous Electrical Nerve Stimulation
8.7. Spinal Cord Stimulation
8.8. Sacral Nerve Stimulation
8.9. Gastric Electrical Stimulation
9. Global Neuromodulation Devices Market Analysis and Forecast, By Regional Analysis
9.1. Segment Overview
9.2. North America
9.2.1. U.S.
9.2.2. Canada
9.2.3. Mexico
9.3. Europe
9.3.1. Germany
9.3.2. France
9.3.3. U.K.
9.3.4. Italy
9.3.5. Spain
9.4. Asia-Pacific
9.4.1. Japan
9.4.2. China
9.4.3. India
9.5. South America
9.5.1. Brazil
9.6. Middle East and Africa
9.6.1. UAE
9.6.2. South Africa
10. Global Neuromodulation Devices Market-Competitive Landscape
10.1. Overview
10.2. Market Share of Key Players in Global Neuromodulation Devices Market
10.2.1. Global Company Market Share
10.2.2. North America Company Market Share
10.2.3. Europe Company Market Share
10.2.4. APAC Company Market Share
10.3. Competitive Situations and Trends
10.3.1. Biomaterial Launches and Developments
10.3.2. Partnerships, Collaborations, and Agreements
10.3.3. Mergers & Acquisitions
10.3.4. Expansions
11. Company Profiles
11.1. BioControl Medical
11.1.1. Business Overview
11.1.2. Company Snapshot
11.1.3. Company Market Share Analysis
11.1.4. Company Biomaterial Portfolio
11.1.5. Recent Developments
11.1.6. SWOT Analysis
11.2. Medtronic
11.2.1. Business Overview
11.2.2. Company Snapshot
11.2.3. Company Market Share Analysis
11.2.4. Company Biomaterial Portfolio
11.2.5. Recent Developments
11.2.6. SWOT Analysis
11.3. BlueWind
11.3.1. Business Overview
11.3.2. Company Snapshot
11.3.3. Company Market Share Analysis
11.3.4. Company Biomaterial Portfolio
11.3.5. Recent Developments
11.3.6. SWOT Analysis
11.4. LivaNova
11.4.1. Business Overview
11.4.2. Company Snapshot
11.4.3. Company Market Share Analysis
11.4.4. Company Biomaterial Portfolio
11.4.5. Recent Developments
11.4.6. SWOT Analysis
11.5. Integer Holdings Corporation
11.5.1. Business Overview
11.5.2. Company Snapshot
11.5.3. Company Market Share Analysis
11.5.4. Company Biomaterial Portfolio
11.5.5. Recent Developments
11.5.6. SWOT Analysis
11.6. Neuronano
11.6.1. Business Overview
11.6.2. Company Snapshot
11.6.3. Company Market Share Analysis
11.6.4. Company Biomaterial Portfolio
11.6.5. Recent Developments
11.6.6. SWOT Analysis
11.7. NeuroSigma
11.7.1. Business Overview
11.7.2. Company Snapshot
11.7.3. Company Market Share Analysis
11.7.4. Company Biomaterial Portfolio
11.7.5. Recent Developments
11.7.6. SWOT Analysis
11.8. Nevro Corporation
11.8.1. Business Overview
11.8.2. Company Snapshot
11.8.3. Company Market Share Analysis
11.8.4. Company Biomaterial Portfolio
11.8.5. Recent Developments
11.8.6. SWOT Analysis
11.9. Neuronetics
11.9.1. Business Overview
11.9.2. Company Snapshot
11.9.3. Company Market Share Analysis
11.9.4. Company Biomaterial Portfolio
11.9.5. Recent Developments
11.9.6. SWOT Analysis
11.10. MicroTransponder
11.10.1. Business Overview
11.10.2. Company Snapshot
11.10.3. Company Market Share Analysis
11.10.4. Company Biomaterial Portfolio
11.10.5. Recent Developments
11.10.6. SWOT Analysis
11.11. Abbott
11.11.1. Business Overview
11.11.2. Company Snapshot
11.11.3. Company Market Share Analysis
11.11.4. Company Biomaterial Portfolio
11.11.5. Recent Developments
11.11.6. SWOT Analysis
11.12. Synapse Biomedical
11.12.1. Business Overview
11.12.2. Company Snapshot
11.12.3. Company Market Share Analysis
11.12.4. Company Biomaterial Portfolio
11.12.5. Recent Developments
11.12.6. SWOT Analysis
11.13. GiMer Medical
11.13.1. Business Overview
11.13.2. Company Snapshot
11.13.3. Company Market Share Analysis
11.13.4. Company Biomaterial Portfolio
11.13.5. Recent Developments
11.13.6. SWOT Analysis
11.14. Neuronano
11.14.1. Business Overview
11.14.2. Company Snapshot
11.14.3. Company Market Share Analysis
11.14.4. Company Biomaterial Portfolio
11.14.5. Recent Developments
11.14.6. SWOT Analysis
11.15. Boston Scientific Corporation
11.15.1. Business Overview
11.15.2. Company Snapshot
11.15.3. Company Market Share Analysis
11.15.4. Company Biomaterial Portfolio
11.15.5. Recent Developments
11.15.6. SWOT Analysis
11.16. GTX Medical
11.16.1. Business Overview
11.16.2. Company Snapshot
11.16.3. Company Market Share Analysis
11.16.4. Company Biomaterial Portfolio
11.16.5. Recent Developments
11.16.6. SWOT Analysis
11.17. Nevro Corporation
11.17.1. Business Overview
11.17.2. Company Snapshot
11.17.3. Company Market Share Analysis
11.17.4. Company Biomaterial Portfolio
11.17.5. Recent Developments
11.17.6. SWOT Analysis
11.18. Bioness
11.18.1. Business Overview
11.18.2. Company Snapshot
11.18.3. Company Market Share Analysis
11.18.4. Company Biomaterial Portfolio
11.18.5. Recent Developments
11.18.6. SWOT Analysis
11.19. Soterix Medical
11.19.1. Business Overview
11.19.2. Company Snapshot
11.19.3. Company Market Share Analysis
11.19.4. Company Biomaterial Portfolio
11.19.5. Recent Developments
11.19.6. SWOT Analysis
11.20. Medical Technologies
11.20.1. Business Overview
11.20.2. Company Snapshot
11.20.3. Company Market Share Analysis
11.20.4. Company Biomaterial Portfolio
11.20.5. Recent Developments
11.20.6. SWOT Analysis
11.21. NeuroPace
11.21.1. Business Overview
11.21.2. Company Snapshot
11.21.3. Company Market Share Analysis
11.21.4. Company Biomaterial Portfolio
11.21.5. Recent Developments
11.21.6. SWOT Analysis
11.22. GiMer Medical
11.22.1. Business Overview
11.22.2. Company Snapshot
11.22.3. Company Market Share Analysis
11.22.4. Company Biomaterial Portfolio
11.22.5. Recent Developments
11.22.6. SWOT Analysis
List of Table
1. Global Neuromodulation Devices Market, By Biomaterial, 2017–2027(USD Billion) (Units)
2. Global Ceramic Market, By Region, 2017–2027(USD Billion) (Units)
3. Global Polymeric Market, By Region, 2017–2027(USD Billion) (Units)
4. Global Metallic Antibodies Market, By Region, 2017–2027(USD Billion) (Units)
5. Global Neuromodulation Devices Market, Technology, 2017–2027(USD Billion) (Units)
6. Global External Neuromodulation Devices Market, By Region, 2017–2027(USD Billion) (Units)
7. Global External Neuromodulation Devices Market, By Region, 2017–2027(USD Billion) (Units)
8. Global Neuromodulation Devices Market, By Application, 2017–2027(USD Billion) (Units)
9. Global Transcranial Magnetic Stimulation Neuromodulation Devices Market, By Region, 2017–2027(USD Billion) (Units)
10. Global Deep Brain Stimulation Neuromodulation Devices Market, By Region, 2017–2027(USD Billion) (Units)
11. Global Vagus Nerve Stimulation Neuromodulation Devices Market, By Region, 2017–2027(USD Billion) (Units)
12. Global Respiratory Electrical Stimulation Neuromodulation Devices Market, By Region, 2017–2027(USD Billion) (Units)
13. Global Transcutaneous Electrical Nerve Stimulation Market Neuromodulation Devices Market, By Region, 2017–2027(USD Billion) (Units)
14. Global Spinal Cord Stimulation Market Neuromodulation Devices Market, By Region, 2017–2027(USD Billion) (Units)
15. Global Sacral Nerve Stimulation Market, By Region, 2017–2027(USD Billion) (Units)
16. Global Gastric Electrical Stimulation Neuromodulation Devices Market, By Region, 2017–2027(USD Billion) (Units)
17. Global Neuromodulation Devices Market, By Region, 2017–2027(USD Billion) (Units)
18. Global Neuromodulation Devices Market, By North America, 2017–2027(USD Billion) (Units)
19. North America Neuromodulation Devices Market, By Biomaterial, 2017–2027(USD Billion) (Units)
20. North America Neuromodulation Devices Market, Technology, 2017–2027(USD Billion) (Units)
21. North America Neuromodulation Devices Market, By Application, 2017–2027(USD Billion) (Units)
22. U.S. Neuromodulation Devices Market, By Biomaterial, 2017–2027(USD Billion) (Units)
23. U.S. Neuromodulation Devices Market, Technology, 2017–2027(USD Billion) (Units)
24. U.S. Neuromodulation Devices Market, By Application, 2017–2027(USD Billion) (Units)
25. Canada Neuromodulation Devices Market, By Biomaterial, 2017–2027(USD Billion) (Units)
26. Canada Neuromodulation Devices Market, Technology, 2017–2027(USD Billion) (Units)
27. Canada Neuromodulation Devices Market, By Application, 2017–2027(USD Billion) (Units)
28. Mexico Neuromodulation Devices Market, By Biomaterial, 2017–2027(USD Billion) (Units)
29. Mexico Neuromodulation Devices Market, Technology, 2017–2027(USD Billion) (Units)
30. Mexico Neuromodulation Devices Market, By Application, 2017–2027(USD Billion) (Units)
31. Europe Neuromodulation Devices Market, By Biomaterial, 2017–2027(USD Billion) (Units)
32. Europe Neuromodulation Devices Market, Technology, 2017–2027(USD Billion) (Units)
33. Europe Neuromodulation Devices Market, By Application, 2017–2027(USD Billion) (Units)
34. Germany Neuromodulation Devices Market, By Biomaterial, 2017–2027(USD Billion) (Units)
35. Germany Neuromodulation Devices Market, Technology, 2017–2027(USD Billion) (Units)
36. Germany Neuromodulation Devices Market, By Application, 2017–2027(USD Billion) (Units)
37. France Neuromodulation Devices Market, By Biomaterial, 2017–2027(USD Billion) (Units)
38. France Neuromodulation Devices Market, Technology, 2017–2027(USD Billion) (Units)
39. France Neuromodulation Devices Market, By Application, 2017–2027(USD Billion) (Units)
40. U.K. Neuromodulation Devices Market, By Biomaterial, 2017–2027(USD Billion) (Units)
41. U.K. Neuromodulation Devices Market, Technology, 2017–2027(USD Billion) (Units)
42. U.K. Neuromodulation Devices Market, By Application, 2017–2027(USD Billion) (Units)
43. Italy Neuromodulation Devices Market, By Biomaterial, 2017–2027(USD Billion) (Units)
44. Italy Neuromodulation Devices Market, Technology, 2017–2027(USD Billion) (Units)
45. Italy Neuromodulation Devices Market, By Application, 2017–2027(USD Billion) (Units)
46. Spain Neuromodulation Devices Market, By Biomaterial, 2017–2027(USD Billion) (Units)
47. Spain Neuromodulation Devices Market, Technology, 2017–2027(USD Billion) (Units)
48. Spain Neuromodulation Devices Market, By Application, 2017–2027(USD Billion) (Units)
49. Asia Pacific Neuromodulation Devices Market, By Biomaterial, 2017–2027(USD Billion) (Units)
50. Asia Pacific Neuromodulation Devices Market, Technology, 2017–2027(USD Billion) (Units)
51. Asia Pacific Neuromodulation Devices Market, By Application, 2017–2027(USD Billion) (Units)
52. Japan Neuromodulation Devices Market, By Biomaterial, 2017–2027(USD Billion) (Units)
53. Japan Neuromodulation Devices Market, Technology, 2017–2027(USD Billion) (Units)
54. Japan Neuromodulation Devices Market, By Application, 2017–2027(USD Billion) (Units)
55. China Neuromodulation Devices Market, By Biomaterial, 2017–2027(USD Billion) (Units)
56. China Neuromodulation Devices Market, Technology, 2017–2027(USD Billion) (Units)
57. China Neuromodulation Devices Market, By Application, 2017–2027(USD Billion) (Units)
58. India Neuromodulation Devices Market, By Biomaterial, 2017–2027(USD Billion) (Units)
59. India Neuromodulation Devices Market, Technology, 2017–2027(USD Billion) (Units)
60. India Neuromodulation Devices Market, By Application, 2017–2027(USD Billion) (Units)
61. South America Neuromodulation Devices Market, By Biomaterial, 2017–2027(USD Billion) (Units)
62. South America Neuromodulation Devices Market, Technology, 2017–2027(USD Billion) (Units)
63. South America Neuromodulation Devices Market, By Application, 2017–2027(USD Billion) (Units)
64. Brazil Neuromodulation Devices Market, By Biomaterial, 2017–2027(USD Billion) (Units)
65. Brazil Neuromodulation Devices Market, Technology, 2017–2027(USD Billion) (Units)
66. Brazil Neuromodulation Devices Market, By Application, 2017–2027(USD Billion) (Units)
67. Middle East and Africa Neuromodulation Devices Market, By Biomaterial, 2017–2027(USD Billion) (Units)
68. Middle East and Africa Neuromodulation Devices Market, Technology, 2017–2027(USD Billion) (Units)
69. Middle East and Africa Neuromodulation Devices Market, By Application, 2017–2027(USD Billion) (Units)
70. UAE Neuromodulation Devices Market, By Biomaterial, 2017–2027(USD Billion) (Units)
71. UAE Neuromodulation Devices Market, Technology, 2017–2027(USD Billion) (Units)
72. UAE Neuromodulation Devices Market, By Application, 2017–2027(USD Billion) (Units)
73. South Africa Neuromodulation Devices Market, By Biomaterial, 2017–2027(USD Billion) (Units)
74. South Africa Neuromodulation Devices Market, Technology, 2017–2027(USD Billion) (Units)
75. South Africa Neuromodulation Devices Market, By Application, 2017–2027(USD Billion) (Units)
List of Figures
1. Global Neuromodulation Devices Market Segmentation
2. Neuromodulation Devices Market: Research Methodology
3. Market Size Estimation Methodology: Bottom-Up Approach
4. Market Size Estimation Methodology: Top-Down Approach
5. Data Triangulation
6. Porter’s Five Forces Analysis
7. Value Chain Analysis
8. Global Neuromodulation Devices Market Attractiveness Analysis By Biomaterial
9. Global Neuromodulation Devices Market Attractiveness Analysis Technology
10. Global Neuromodulation Devices Market Attractiveness Analysis By Application
11. Global Neuromodulation Devices Market Attractiveness Analysis By Region
12. Global Neuromodulation Devices Market: Dynamics
13. Global Neuromodulation Devices Market Share By Biomaterial (2019 & 2027)
14. Global Neuromodulation Devices Market Share Technology (2019 & 2027)
15. Global Neuromodulation Devices Market Share By Application (2019 & 2027)
16. Global Neuromodulation Devices Market Share by Regions (2019 & 2027)
17. Global Neuromodulation Devices Market Share by Company (2019)
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