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#Asia-Pacific Internal Neurostimulation Devices Market Trends.
envil22100 · 7 months
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Data Bridge Market Research analyzes that the Asia-Pacific internal neurostimulation devices market will grow at a CAGR of 16.4% and USD 3,890.15 Million during the forecast period of 2022 to 2029.
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girlinpride · 3 years
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Nerve Repair and Regeneration Market analysis for North America, Europe & Asia Pacific region 2021
The report delivers the challenges in front of the Nerve Repair and Regeneration Market that allows the better understanding of the market and provides the lucrative opportunities that are available. Analyst has studied the current market scenario while concentrating on the new business objectives. Report includes change in customer requirements, customer preferences and the vendor landscape in the market.
Nerve Repair and Regeneration Market Report study provides in detail information to understand the imperative market parts that aligns with the business decision related to raw materials, demand, and production capacity. The analysis provides demands for the future, besides the opportunities that are available for individual. Study focuses on industry chain analysis, upstream and downstream raw material suppliers, key players, production process analysis, cost analysis, market distribution channels and major downstream buyers.
Access sample report @ https://www.profsharemarketresearch.com/inquiry/nerve-repair-and-regeneration-market-report-inquiry/
The Nerve Repair and Regeneration Market Report delivers analysis of various organizations, affiliation and new businesses. Study includes authorized estimations to develop better understanding of the organizations. Report provides the information about Key players in the market, manufacture analysis, market CAGR, production capacity, product segmentation, supplier analysis, trends and forecast. Research furthermore consolidates impact of government regulations and standards over the market.
Research analysis covers historical data from the year 2015 to 2019,In addition to this report considers 2021-28 as the forecast year. This helps manufacturers and clients understand the past trends and analyze the future trend. Competitive development like expansion of the plant, ventures, agreement, and acquisition are discussed in the report.
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Nerve Repair and Regeneration Market report is segmented based on below parameters:
Global Nerve Repair and Regeneration Market: Product Types
· Neurostimulation Devices
· Neuromodulation Devices
· Biomaterials
Global Nerve Repair and Regeneration Market: Applications
· Nerve Grafting
· Neurorrhaphy
· Stem Cell Therapy
Global Nerve Repair and Regeneration Market: Company Analysis
· Axogen
· Baxter International
· Integra Lifesciences Holdings
· Stryker Corporation
· Polyganics
Research study on Nerve Repair and Regeneration Market is based on following regions and countries:
North America
· U.S.A
· Canada
Europe
· France
· Germany
· Spain
· UK
· Rest of Europe
Asia Pacific
· China
· Japan
· India
· South East Asia
Latin America
· Brazil
Middle East and Africa
Nerve Repair and Regeneration Market Report delivers comprehensive analysis of :
· Challenges and Opportunities
· Emerging and Current market trends
· Market player Capacity, Production, Revenue (Value)
· Market Forecast for 2021-28
· Market growth drivers
· Supply (Production), Consumption, Export, Import analysis
· End user/application Analysis
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ramshariraut · 3 years
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Latest Research Report On Neurostimulation Devices  Market 2021
Global Neurostimulation Devices  Market, Geography (North America (United States, Canada and Mexico), South America (China, Japan, Korea, India and Southeast Asia), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), Middle East and Africa (Saudi Arabia, Egypt, Nigeria and South Africa)) Industry Trends 2021-2028
<strong>Market overview</strong> The competitive scenario among different market players is evaluated through market share analysis in the competitive landscape section of the report on Neurostimulation Devices  . All these factors would help marketers to take strategic steps in order to strengthen their positions and expand their shares in the international market. The market overview segment of the report explores the market dynamics such as drivers, restraints, and current opportunities that have a strong effect on the international body sensor market and could affect the market in the near future. A market-making analysis has been provided in the market overview section in order to explain the level of competition in the market across different geographies.
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<strong>Methodology</strong> Experts and industry specialists play a significant role in creating statistical tools and research models, which are used to examine data and reach an accurate graph with highly informative research results which can be later used to make really important decisions related to the business. Data sources come from a large number of research studies and our in-house datasheet. Also, the report uses the top-down approach to report. This report on Neurostimulation Devices   the numbers for each division and attests them to the bottom-up approach. All capable factors affecting the markets included in this research study are evaluated, elaborated, and examined through basic research and investigated to obtain quantitative and qualitative data. Structural databases such as D&B Hoover and Bloomberg are used which helps to recognize the competitive situation of top market players along with profile details. This data is merged and combined with detailed inputs and analysis from Statistify market research and revealed in this report.
<strong>Regional Analysis</strong> The survey report on Neurostimulation Devices   is composed of inspection of different countries around the world based on certain market indicators such as new market segment, converting non-customer into a customer, selling a new product to an existing customer. Countries with a wide range of economic systems mean sustainable advantage which will protect them from economic downturns as well as competitors. Countries in the Asia-Pacific region also show a great signal of development due to the population figure in this part of the world which establishes an efficient marketing environment. The survey report on Neurostimulation Devices   also uses numerous graphical tools and techniques for easy and better understanding to the readers.
<strong>Customization of the report: </strong> Qualitative research uses various techniques to provide subjective data. We provide customized reports at a discounted price.
<strong>Top Listed Companies in the Neurostimulation Devices  Market Include</strong>
Medtronic, Boston Scientific, St. Jude Medical, LiveNova(Cyberonics), Nevro, Inspire Medical Systems, NeuroPace, Autonomic Technologies
<strong>Reasons to buy this report:</strong> This report on Neurostimulation Devices   helps in understanding the major key product segments. This report on Neurostimulation Devices   throws light on the dynamics of the market such as drivers, restraints, trends, and opportunities. It offers the regional analysis of Neurostimulation Devices   Market along with business profiles of several stakeholders in the research market. It offers massive data about trending factors that will influence the progress of the Neurostimulation Devices   Market. It offers an in-depth analysis of the changing competitive scenario in the Neurostimulation Devices   market of the research industry.
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<strong>Frequently Asked Questions?</strong> Q1. What is the total market value of the Neurostimulation Devices  market report? Q2. What would be the forecast period in the Neurostimulation Devices  market report? Q3. What is the base year considered in the Neurostimulation Devices   market report? Q4. Which are the top companies hold the market share in the Neurostimulation Devices   market ? Q5. Which is expected to be the fastest growing segment in the Neurostimulation Devices   market? Q6. Which market holds the maximum market share of the Neurostimulation Devices   market ? Q7. How the company profile has been selected? Q8. What will be the market value of the Neurostimulation Devices  market in 2028?
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fostermarketarch · 3 years
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Pain Management Devices Market| Key Performing Regions| Drivers And Challenges
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Pain management devices are designed to ease chronic pain from conditions, like fibromyalgia, diabetic neuropathy, sciatica, and osteoarthritis. Some of these devices deploy infrared light energy to relieve pain, by tapping into the body’s natural pain response and blocking the pain signals. All the pain management devices are designed to help relieve muscular and joint pains, improve blood circulation, cope with migraines and arthritis, or deal with the aches and pains of a long day at work, or at the gym. Growing demand for long-term pain management among the geriatric population, large patient population base, and adverse effects of pain medications are some of the key factors that have increased the demand for the pain management devices market.
These drug-free devices often have little to no side effects and this guide will allow you to browse different treatment options at a glance. Each product has benefits – for starters, you don’t need to be at the doctor’s office to use these devices and you get to be in charge of when and how often you put them to use – as well as drawbacks (like cost), so talk to your doctor if you think one might be a good fit for you.
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Competitve Landscape:
Key players in the global pain management devices market include Medtronic PLC, Becton, Dickinson and Company, ST. Jude Medical, Inc., Boston Scientific Corporation, Hospira, Inc. (A Subsidiary of Pfizer Inc.), Halyard Health, Inc., Smiths Medical, B. Braun Melsungen AG, Neurotech Na, Inc., and Nevro Corp.
The players have adopted product development strategies to strengthen their position in the market. For instance, in January 2019, Boston Scientific Corporation launched Spectra WaveWriter, a new spinal cord stimulation device in Europe market. The newly launched devices by the company are the only devices available in the current market, which are paresthesia and sub-perception therapy based. In addition, substantial FDA approvals for the pain management devices also boost the market growth. For instance, in August 2018, the U.S.-based neurostimulation company, Nevro received FDA approval for its new Senza II, a spinal cord stimulation system.
The system is capable of providing HF10 therapy, which is relatively superior over traditional spinal cord stimulation system. Additionally, in July 2016, SPR Therapeutics received FDA approval for its newly developed pain management device, SPRINT. The newly developed device acts as a wearable stimulator and holds the capability to relieve pain with the help of electric stimulation.
Market Taxonomy:
By Device Type
Neurostimulation Devices Transcutaneous Electrical Nerve Stimulation (TENS) Devices Spinal Cord Stimulation (SCS) Devices)
Radiofrequency Ablation
NeurostimulationSpinal Cord Stimulators Deep Brain Stimulators Sacral Neurostimulators
Analgesic Infusion PumpsIntrathecal Infusion Pumps External Infusion Pumps
Ablation Devices
By Application
Neuropathic Pain
Cancer Pain
Facial Pain and Migraine
Musculoskeletal Pain
Other Applications
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Market Dynamics:
Growing demand for long-term pain management among the geriatric population boosts the market growth. As the benefits of pain management devices have been unfolded in recent years, there has been an increase in adoption for these devices across the world. There has been a gradual increase in clinical approvals for these devices in recent years, resulting from the increasing demand for pain management devices. Additionally, the rising FDA approvals for neuromodulation devices have also driven the market growth.
According to the International Neuromodulation Society, the total number of approvals for neuromodulation devices from the Food and Drug Administration increased by approximately 35% in the past decade. The rising incidence of chronic ailments, such as diabetes, cancer, cardiovascular disorders, and others, may result in intense pain in patients. This is a key factor fueling the demand for pain management devices. Furthermore, the market is likely to benefit from the increasing willingness among patients to spend on advanced treatments. The increase in demand for pain management devices is mainly because of the pain caused by the tumor while it compresses a nerve and many more factors depending upon what stage of cancer the patient is undergoing.
Key Region Covered in Pain Management Devices Market are
North America (USA, Canada, and Mexico)
Europe (Germany, France, the United Kingdom, Netherlands, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Australia, New Zealand, South Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, rest of countries, etc.)
The Middle East and Africa (Saudi Arabia, United Arab Emirates, Israel, Egypt, Nigeria, and South Africa)
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rdagade · 3 years
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Global Nerve Repair and Regeneration Market
The
Global market for Nerve Repair and Regeneration
was valued at $xx Mn in 2020 and is expected to reach $xx Mn by 2027, at a CAGR of xx%. The prevalence of neurological disorders and chronic pain is increasing rapidly across the globe.
Depression, epilepsy, Parkinson’s, and Alzheimer’s are different kinds of neurological disorders. As per the Alzheimer’s Association, about 5.35 million people aged 65 years and above were suffering from Alzheimer’s diseases in the U.S. in 2015. Apart from this, as per the Parkinson’s Diseases Foundation, nearly 60,000 new cases of Parkinson’s disease are reported each year in the U.S. Due to these reasons, the demand for efficient medical technologies, such as Neuromodulation and Neurostimulation devices are increasing rapidly.
Furthermore, the nerve repair and regeneration market are witnessing significant growth due to the increasing geriatric population. The generation of the new axon, glial cells, neurons, and myelin is referred to as nerve repair and regeneration. The process helps in the replacement of damaged nerve cells, cellular products, and tissues. Neurostimulation & Neuromodulation devices and biomaterials are the products that are utilized for reversing the damage caused to the nerve.
Between these two, the largest demand is expected to be created for Neurostimulation and Neuromodulation devices in the coming years, due to increasing incidences of peripheral nerve injuries, favorable reimbursement policies, and technological advancements. Availability of a number of therapies for treating various Central Nervous System (CNS) disorders, such as Parkinson’s disease and Alzheimer’s, and increasing scope of applications is further expected to boost the market growth over the forecast period.
Increasing awareness, environmental influence, lifestyle, genetics, nutrition are some of the factors that can cause such disorders. The report contains detailed analysis of Strengths, Weakness and opportunities of the key players operating in the Nerve Repair and Regeneration Market. It also provides information on current market trends, competitive ranking analysis, regional bifurcation, turnover forecasts, industry drivers and the key challenges. The report has profiled twenty key players in the market from different regions. However, report has considered all market leaders, followers and new entrants with investors while analysing the market and estimation the size of the same. The growing healthcare infrastructure in each region is different and focus is given on availability of advanced technology and new techniques.
Global Nerve Repair and Regeneration Market Segment Analysis
Neurostimulation and Neuromodulation Devices held the largest share of xx% in 2020 Based on the product, the market is segmented as Neurostimulation and Neuromodulation Devices. The segment is further sub-segmented into internal Neurostimulation and external Neurostimulation devices and biomaterials. Neurostimulation and Neuromodulation Devices was the largest segment which held a significant share of xx% in 2020 and is expected to grow at a CAGR of xx%. The largely available spinal cord products and a wider range of applications for the same were responsible for the market growth.
The internal Neurostimulation devices segment is again segmented into- Spinal Cord Stimulation (SCS), Deep Brain Stimulation (DBS), Vagus Nerve Stimulation (VNS), Sacral Nerve Stimulation (SNS), Gastric Electrical Stimulation (GES). The segment growth for internal Neurostimulation devices is expected to boost in the forecast period. Investments of top players of the market in the new launching of more advanced devices is a major driver for the Neurostimulation and Neuromodulation Devices market. On 23 July 2020, the US Food and Drug Administration (FDA) approved Abbott's Patient Controller App’ on compatible personal Apple smartphone devices. According to Abbott, this approval allows patients living with neurological conditions, including chronic pain or movement disorders, the ability to manage therapy directly from their personal smartphone. Such advancements are boosting the market growth.
Based on applications, the Stem cell therapy segment is expected to witness the fastest CAGR due to the various government initiatives and approvals to conduct clinical trials of biomaterials. A high number of research centers, universities, and companies, from European nations, the United States, and Canada, are also conducting several clinical trials for the application of stem cell-based therapies in nerve repair and regeneration. These countries are found to be backed by high government funding, well-developed healthcare infrastructure, and widespread global presence. Due to the above factors, the segment is expected to show a growth market over the forecast period.
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Scope of the Global Nerve Repair and Regeneration Market : Inquire before buying
Global Nerve Repair and Regeneration Market Segmentation
The Global Nerve Repair and Regeneration Market is segmented based on-
Global Nerve Repair and Regeneration Market Product
• Neurostimulation and Neuromodulation Devices  Internal Neurostimulation Devices  Spinal Cord Stimulation (SCS)  Deep Brain Stimulation (DBS)  Vagus Nerve Stimulation (VNS)  Sacral Nerve Stimulation (SNS)  Gastric Electrical Stimulation (GES)  External Neurostimulation Devices  TENS  TMS  RES  Biomaterials  Nerve Conduits  Nerve Wraps
Global Nerve Repair and Regeneration Market Applications
• Neurostimulation and Neuromodulation Applications  Internal Neurostimulation and Neuromodulation Applications  External Neurostimulation and Neuromodulation Applications • Direct Nerve Repair/Neurorrhaphy  Epineural Repair  Perineural Repair  Group Fascicular Repair • Nerve Grafting  Auto grafts  Allografts  Xeno grafts • Stem Cell Therapy
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Global Nerve Repair and Regeneration Market Regional Insights
North America accounted for the largest share of Global Nerve Repair and Regeneration Market in 2020 North America accounted for the largest share of xx% in 2020, the reason being the rising prevalence of neural disorders. Growth in insurance coverage in the U.S. has increased the burden on the country’s healthcare system, which has highlighted the need for improving efficiency and management of work in North America. Investments by key players in this field have boosted the market growth. For instance, on December 24, 2020, Soterix Medical announced expanded clinical trials of its transcranial direct current stimulation system in Alzheimer’s disease. Asia Pacific is also expected to witness significant growth during the forecast period due to the increasing geriatric population and rising health care expenditures. The allocation of a large amount of healthcare expenditure for hospitals and dispensing medicines to the elderly is expected to drive the market demand.
Key Players operating in the Global Nerve Repair and Regeneration Market
• Medtronic, PLC • Boston Scientific Corporation • Abbott Laboratories • AxoGen, Inc • Baxter International • LivaNova, PLC • Integra Lifesciences • Polyganics • NeuroPace • Soterix Medical, Inc • Nvero Corp • Synapse Biomedical, Inc • Aleva Neurotherapeutics • Collagen Matrix • KeriMedical • BioWave Corporation • NeuroSigma • tVNS Technologies GmbH • GiMer Medical The report also helps in understanding Global Nerve Repair and Regeneration Market dynamics, structure by analysing the market segments and project Global Nerve Repair and Regeneration Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Global Nerve Repair and Regeneration Market make the report investor’s guide.
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alexking123us · 3 years
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Blockchain Supply Chain Market Statistics and Research Analysis Detailed in Latest Research Report 2021-2025
Facto Market Insights as of late distributed statistical surveying report on the worldwide Blockchain Supply Chain market (2021-2025) market to its assortment of statistical surveying reports. The exploration report covers point by point examination of market measuring and anticipating of the market covering the market drivers, challenges, opportunity investigation, and patterns, alongside different key bits of knowledge in the worldwide market. The examination report additionally incorporates the investigation of territorial producers and new market players, covering all the data reasonable for the customers to settle on essential business choices in the business.
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The report covers PESTLE examination and watchman's five powers investigation which exhibits the five powers including purchasers bartering power, providers haggling power, the danger of new participants, the danger of substitutes, and level of rivalry in the worldwide blockchain supply chain market. In the investigation, the system of watchman's five powers examination clarifies the technique for breaking down the opposition of the business covering the business structure and the degree of rivalry in the market. Along with this, the exploration report additionally covers current realities and figures identified with the macroeconomic patterns that are expected to affect the development of the general market.
Following are the Main Features of Global Blockchain Supply Chain  Market Report:
- Market Overview, Industry Development, Market Maturity, PESTLE Analysis, Value Chain Analysis
- Growth Drivers and Barriers, Market Trends & Market Opportunities
- Market Segments by Geographies and Countries
- Porter’s Five Forces Analysis & Trade Analysis
- Market Segment Trend and Forecast
- Market Forecast Analysis for 2020-2028
- Key Market Driving Factors
- Market Analysis and Recommendations
- Price Analysis
- Blockchain Supply Chain Market Company Analysis: Company Market Share & Market Positioning, Company Profiling, Recent Industry Developments etc.
Market Segmentation:
The exploration offers an extensive investigation of worldwide blockchain supply chain market concerning following sub-markets:
By Product o Vital organs support systems Artificial Heart§ Artificial Kidney§ Artificial Pancreas§ Artificial Urinary Bladder§ Artificial Lungs§ Artificial Liver§ o Medical Bionics o Bionic Eye o Ear Bionics Cochlear Implants§ Bone Anchored Hearing Systems§ Auditory Brainstem Implants§ o Orthopedic Bionics Upper limb§ Lower limb§ • Bionic Knee • Bionic Feet Exoskeleton§ Electrical Bone Growth Stimulators§ • Non-Invasive Bone Growth Stimulators • Invasive Bone Growth Stimulators o Cardiac Bionics Pacemaker§ • Implantable Pacemaker • External Pacemaker Ventricular Assist Device§ • Left Ventricular Assist Device (LVAD) • Right Ventricular Assist Device (RVAD) • Biventricular Assist Device (BIVAD) Artificial Heart Valves§ • Mechanical Heart Valves • Tissue Heart Valves o Neural Bionics Internal Neurostimulators§ • Deep Brain Stimulators (DBS) • Sacral Nerve Stimulators (SNS) • Vagus Nerve Stimulators (VNS) • Spinal Cord Stimulators (SCS) • Other Neurostimulators External Neurostimulators (Transcutaneous Electrical Nerve Stimulation (TENS))§
By End User o Hospitals o Ambulatory Surgical Centers o Others
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Regional Insights:
The report investigations the market by geologies for example North America, Europe, Asia Pacific, Latin America and Middle East and Africa. Further, the regions are fragmented into the country and regional groupings:
- North America (U.S. & Canada)
- Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Rest of Europe)
- Asia Pacific (China, India, Japan, South Korea, Indonesia, Taiwan, Australia, New Zealand, and Rest of Asia Pacific)
- Latin America (Brazil, Mexico, and Rest of Latin America)
- Middle East & Africa (GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, and Rest of Middle East & Africa)
Competitive Landscape
The report includes profiles of leading companies in the global blockchain supply chain market. Some of the key players profiled include:
Abiomed, Inc.
Abbott Laboratories
Asahi Kasei Corporation (Evaheart Medical U.S.A., Inc.)
Baxter International Inc.
Boston Scientific Corporation
Cochlear Ltd.
Edwards Lifesciences Corporation
Jarvik Heart, Inc.
Medtronic Plc.
Össur Americas, Inc.
Second Sight Medical Products, Inc.
SynCardia Systems LLC
Reasons to purchase the report:
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envil22100 · 7 months
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Data Bridge Market Research analyzes that the Asia-Pacific internal neurostimulation devices market will grow at a CAGR of 16.4% and USD 3,890.15 Million during the forecast period of 2022 to 2029.
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research-analyst · 3 years
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Medical Electronics Market Research Report, Size, Share, Industry Outlook - 2021-2027
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The ‘Medical Electronics Market Report: COVID-19 Impact Analysis Forecast to 2027’ published by Reports and Data gives a holistic overview of the Medical Electronics market. The report studies the industry to forecast market growth for the period 2020-2027. The report employs both quantitative and qualitative assessment by examining product portfolios, pricing structures, market penetration, parent market revenue, end-user industries, and elements affecting industry growth. The report segments the market to help readers get a more in-depth understanding of the different aspects of the market.
The report also examines the financial standing of leading companies in detail, which consists of market position, gross profit, overall revenue, sales volume, manufacturing, growth rate, and other vital facts & figures. It profiles the leading companies in the Medical Electronics market to derive market positions, and strengths and weaknesses of established competitors and new entrants by utilizing analytical tools like SWOT Analysis and Porter’s Five Forces Analysis. The study also highlights production capacity, consumer base, value, volume, product offerings, upstream suppliers, downstream buyers, market concentration rate, and leading regions to give an exhaustive evaluation of the global landscape.
The research study consists of the latest updates about the COVID-19 impact on the Medical Electronics sector. The outbreak has virtually influenced the entire global economic landscape. The report evaluates the current situation of the business and studies the possible aftereffects of the outbreak on the overall industry.
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Leading Medical Electronics manufacturers/companies in the market:
FUJIFILM Medical Systems, Toshiba Medical Systems, Philips Healthcare, Medtronic, Analog Devices and Hitachi High Technologies Corporation among others
Scope of the Report
Medical Electronics product types, applications, end-user industries, and regions are the key market segments studied in this report. It discusses the growth prospects of different market segments by examining the current market setting, historical performance, demand and supply ratio, production, consumption, sales, and revenue of leading companies in the market. The segmentation offers a 360° view of the market, along with a thorough COVID-19 Impact Analysis, that will prove useful for readers looking to invest in the Medical Electronics sector, and market analysis that will help companies formulate effective strategies to reach their desired business goals. The regional analysis of the market maps the regions of North America, Europe, Asia Pacific, Latin America, and Middle East & Africa that have been outlined in the research.
To summarize, the global Medical Electronics market report studies the current market landscape to forecast the growth prospects, challenges, opportunities, risks, and trends observed in the market that can influence industry growth. The market factors impacting the global sector also include provincial trade policies, international trade disputes, entry barriers, and other regulatory restrictions.
Medical Electronics Market, by Type (Revenue, USD Million; 2016–2026)
· Invasive
o Pacemakers
o Implantable Cardioverter- Defibrillators (ICDs)
o Implantable Loop Recorders (ILRs)
o Spinal Cord Stimulators
o Gastric Electric Stimulators
o Endoscopes
· Non-invasive
o Imaging Devices
o Monitoring Devices
Medical Electronics Market, by Product Type (Revenue, USD Million; 2016–2026)
· Therapeutic
o Pacemakers
o Implantable cardioverter-defibrillators
o Neurostimulation devices
o Surgical robots
o Respiratory Care devices
· Diagnostic
o Patient monitoring devices
o PET/CT devices
o MRI scanners
o Ultrasound devices
o X-ray devices
o CT scanners
· Others
Medical Electronics Market, by Components (Revenue, USD Million; 2016–2026)
· Sensors
· Batteries
· Memory Devices
· Displays
· Microprocessors/Microcontrollers
Medical Electronics Market, by Application (Revenue, USD Million; 2016–2026)
· Imaging
· Therapeutics
· Patient Monitoring
· Homecare/Handheld Products
Medical Electronics Market, by End Use (Revenue, USD Million; 2016–2026)
· Hospital
· Ambulatory surgical centers
· Clinics
· Others
Regional Outlook (Revenue in USD Million; 2016–2026)
· North America
o U.S.
o Canada
· Europe
o Germany
o France
o UK
o Spain
o Italy
o Rest of the Europe
· Asia Pacific
o China
o India
o Japan
o Rest of Asia-Pacific
· Middle East & Africa
· Latin America
o Brazil
Medical Electronics Market Competitive Landscape & Company Profiles
The competitive landscape and company profiles offered in the report examine the key players in the Medical Electronics market. The competitive analysis scrutinizes strategic initiatives adopted by key players and evaluates recent developments and market standing of the companies. The company profiles include data of established players and new entrants and are examined by using analytical tools like SWOT Analysis.
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Research Methodology
Our analysts employ advanced primary and secondary sources of data collection and other analytical tools to analyze key market information. The report refers to reliable sources to accumulate validated information and provides strategic recommendations to companies engaged in the market to help them gain a competitive edge in the global Medical Electronics market.
Primary research:
The research includes interviews of industry experts in the global Medical Electronics industry, including a detailed supply chain analysis and value chain analysis by examining the global industry, and vendor landscape of the Medical Electronics market.
Secondary research:
As part of the secondary research, the report offers key information pertaining to the value chain, company profiles, and major products and applications. The market segmentation provided in the report studies the global sector to shed light on the regional markets, key trends observed, and recent developments in the industry.
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chitrakullkarni · 3 years
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Nerve Repair And Regeneration Market Size, Key Company Analysis, Regional Estimates & Global Trend Outlook
The global Nerve Repair And Regeneration Market research report provides complete insights on industry scope, trends, regional estimates, key application, competitive landscape and financial performance of prominent players. It also offers ready data-driven answers to several industry-level questions. This study enables numerous opportunities for the market players to invest in research and development.
Market Overview:
Nerve Repair and Regeneration Market is anticipated to reach USD 15.7 billion by 2024. It is anticipated to grow at a healthy rate in the years to come. The factors that propel the growth of the Market include the increasing prevalence of chronic pain, growing incidence of neurological disorders, rising aged population.
Key Players:
AxoGen, Inc.
Baxter International, Inc.
Boston Scientific, Inc.
Jude Medical, Inc.
Cyberonics, Inc.
Integra Lifesciences Corporation
Medtronic plc.
Stryker Corporation
Polyganics B.V.
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Growth Drivers:
The awareness regarding mental diseases and technological advancement and their treatment in nerve regeneration and repair products is growing worldwide, which contributes to the development of the market.
On the other hand, high cost and lack of skilled professionals and side effects related to the usage of neuro modulation and neuro stimulation devices are the major factors hampering the Nerve Repair and Regeneration Market growth in the years to come and anticipated to grow at a significant CAGR of 11.6% in the upcoming period as the scope, product types, and its applications are increasing across the globe.
Product Mode Outlook:
Biomaterial
Neurostimulation and neuromodulation devices
Spinal cord stimulation devices
Deep brain stimulation devices
Sacral nerve stimulation devices
Vagus nerve stimulation devices
Gastric electric stimulation devices
Surgery Outlook:
Direct nerve repair/neurorrhaphy
Nerve grafting
Stem cell therapy
Neurostimulation and neuromodulation surgeries
In 2016, the largest market share was held by “stem cell therapy” application in the market due to growing neuro stimulation & neuro modulation surgery, and the same trend is expected to continue for the upcoming period.
End-User Outlook:
Nerve Repair and Regeneration industry may be explored by end user as Ambulatory Surgery Center, and Hospitals and clinics. In 2016, the largest market share was held by “Hospital” end user sector in the market due to growing occurrence of neurological prevalence and growth in the number of hospitals in developing economies.
Regional Outlook:
North America accounted for the major share of the Nerve Repair and Regeneration Market Size Analysis in 2015 and will continue to lead in the forecast period due to factors such as accessibility of technically advanced devices. However, Asia-Pacific to be the highest growing region in the forthcoming period.
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wenickjones · 3 years
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Vital Organs Support Systems and Medical Bionics Market 2020 Global Analysis, Trends, Forecast up to 2025
The Global Vital Organs Support Systems and Medical Bionics Market 2020 report delivers a fundamental overview of the industry, including definitions, segmentation, applications and industry chain structure analysis. The global vital organs support systems and medical bionics market report provides competitive landscape analysis, major trends, and key regional development status. It also offers a competitive framework for major revenue-contributing firms covering company market shares with comprehensive profiles. The report provides a key overview of the market status of vital organs support systems and medical bionics manufacturers with market size, share, growth, market expansion, and technological innovations, as well as the industry cost structure.
It provides the impact and recovery of Covid-19 pandemic on the vital organs support systems and medical bionics Market. Relevant statistical data is also provided in the report to recognize the challenges caused by the outbreak of Covid-19 and strategies to cope up with the current scenario.
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The Following are the Key Features of Global Vital Organs Support Systems and Medical Bionics Market Report:
Market Overview, Industry Development, Market Maturity, PESTLE Analysis, Value Chain Analysis
Growth Drivers and Barriers, Market Trends & Market Opportunities
Porter’s Five Forces Analysis & Trade Analysis
Market Forecast Analysis for 2020-2025
Market Segments by Geographies and Countries
Market Segment Trend and Forecast
Market Analysis and Recommendations
Price Analysis
Key Market Driving Factors
Vital Organs Support Systems and Medical Bionics Market Company Analysis: Company Market Share & Market Positioning, Company Profiling, Recent Industry Developments etc.
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Market Segmentation:
The segmentation of vital organs support systems and medical bionics market is as follows by product, by end user. Both developed and developing regions are extensively studied in the report.
By Product o Vital organs support systems Artificial Heart Artificial Kidney Artificial Pancreas Artificial Urinary Bladder Artificial Lungs Artificial Liver o Medical Bionics o Bionic Eye o Ear Bionics Cochlear Implants Bone Anchored Hearing Systems Auditory Brainstem Implants o Orthopedic Bionics Upper limb Lower limb • Bionic Knee • Bionic Feet Exoskeleton Electrical Bone Growth Stimulators • Non-Invasive Bone Growth Stimulators • Invasive Bone Growth Stimulators o Cardiac Bionics Pacemaker • Implantable Pacemaker • External Pacemaker Ventricular Assist Device • Left Ventricular Assist Device (LVAD) • Right Ventricular Assist Device (RVAD) • Biventricular Assist Device (BIVAD) Artificial Heart Valves • Mechanical Heart Valves • Tissue Heart Valves o Neural Bionics Internal Neurostimulators • Deep Brain Stimulators (DBS) • Sacral Nerve Stimulators (SNS) • Vagus Nerve Stimulators (VNS) • Spinal Cord Stimulators (SCS) • Other Neurostimulators External Neurostimulators (Transcutaneous Electrical Nerve Stimulation (TENS))
By End User o Hospitals o Ambulatory Surgical Centers o Others
By Geography
The regional segmentation of the market covers following regions: North America (U.S. & Canada), Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Rest of   Europe), Asia Pacific (China, India, Japan, South Korea, Indonesia, Taiwan, Australia, New Zealand, and Rest of Asia Pacific), Latin America (Brazil, Mexico, and Rest of Latin America), Middle East & Africa (GCC, North Africa, South Africa, and Rest of Middle East & Africa).
Fundamental Coverage of the Vital Organs Support Systems and Medical Bionics Market:
Covid-19 impact and strategies to recover.
valuable information about the vital organs support systems and medical bionics market
Identification of growth in various segments and sub segments of the studied market.
Strategic ideas for investment opportunities
Key statistical data along with products, price analysis, applications, levels of production and consumption, supply and demand.
Emerging developments in the existing market segment and research to help investors devise new business strategies
Accelerates decision-making by drivers and constraints
Competitive Analysis
The key players of the market are listed in this section of the study. It helps to understand the tactics and alliances that players concentrate on fighting market rivalry. An essential microscopic look at the market is given in the detailed study. The major players operating in the global vital organs support systems and medical bionics market are:
Abiomed, Inc. • Abbott Laboratories • Asahi Kasei Corporation (Evaheart Medical U.S.A., Inc.) • Baxter International Inc. • Boston Scientific Corporation • Cochlear Ltd. • Edwards Lifesciences Corporation • Jarvik Heart, Inc. • Medtronic Plc. • Össur Americas, Inc. • Second Sight Medical Products, Inc. • SynCardia Systems LLC
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ketshubhra · 3 years
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Overactive Bladder Treatment Market, Segmental and Regional Share Analysis | Forecast to 2023
The global overactive bladder treatment market report by Market Research Future (MRFR) outlines numerous growth drivers, challenges, upcoming trends, and investment opportunities pertinent for users to succeed in the forecast period (2018-2023).
Overactive Bladder Treatment Market Overview
Market Research Future (MRFR) predicts that the global overactive bladder treatment market is anticipated to grow with a CAGR of 3.1% in the assessment period of 2017-2023.
Overactive Bladder (OAB) is typically characterized by urinary urgency, frequency, and nocturia. The growing prevalence of Overactive Bladder (OAB) with the growing geriatric population and rising occurrences of neurological diseases are major factors driving the growth of the market. Additionally, according to the Advanced Urology Institutes in 2015, 1/3rd of men and women between the ages of 30 to70, had lost bladder control. Moreover, the growing development of innovative intravesical therapies and increasing commercialization activities by pharma companies are expected to propel the market growth.
On the other hand, lack of awareness in the developing countries and undesired systemic effects of some current treatment option may hamper the growth of the market during the forecast period.
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Overactive Bladder Treatment Market Segmental Overview
The global overactive bladder treatment market is segmented on the basis of pharmacotherapy, non-pharmacological treatment, and disease.
On the basis of pharmacotherapy, the market is classified into anticholinergics, Botox, mirabegron, neurostimulation, and others. Further, anticholinergics are classified into solifenacin, oxybutynin, fesoterodine, darifenacin, tolterodine, trospium, and others.
The global overactive bladder treatment market on the basis of non-pharmacological treatment is segmented into dietary and fluid modifications, behavioral therapy, pelvic floor muscle rehabilitation, and others.
On the basis of disease, the market is segmented into idiopathic overactive bladder and neurogenic overactive bladder. Further, the neurogenic overactive bladder is segmented into the overactive bladder in Parkinson's disease, the overactive bladder in stroke, the overactive bladder in spinal cord injury, and the overactive bladder in other disorders.
Overactive Bladder Treatment Market Regional Analysis
The regional segmental analysis of the overactive bladder treatment by MRFR includes America, Europe, Asia-Pacific, and the Middle East and Africa.
The overactive bladder treatment market in the Americas is sub-segmented into North America and South America. North America is expected to dominate the market in the Americas owing to the increasing geriatric population, growing incidences of OAB and urinary incontinence symptoms, and the availability of healthcare coverage systems such as Medicare. For instance, as per the data stated by the National Association for Continence (NAFC), approximately 25 million adult Americans experience transient or chronic urinary incontinence. It also stated that 75 to 80% of these sufferers are women.
The European market is expected to hold the second largest market share. Increase in instanced of overactive bladder and reimbursement policies like the UK’s National Institutes for Health and Care Excellence (NICE) that provides reimbursement for the Botox therapy are major factors expected to amplify the regional overactive bladder treatment market in the forthcoming year.
Asia-Pacific is anticipated to be the fastest growing market owing to the growing prevalence of OAB, rising geriatric population, and growing awareness about overactive bladder condition. Emerging economies like India, China, Japan in the Asia Pacific region investing in the medical advancements for availing effective overactive bladder treatment to patients is anticipated to propel the market growth in the APAC region.
Lack of medical awareness and medical infrastructure in the Middle East and African region can retard the regional overactive bladder treatment market.
Overactive Bladder Treatment Market Key Players
Some of the prominent players in the market are Astellas Pharma Inc., Pfizer, Inc., Teva Pharmaceutical Industries Ltd., Allergan, Plc., Mylan N.V., Endo International Plc, Hisamitsu Pharmaceutical Co., Inc., Sanofi S. A., Aurobindo Pharma Limited,  Johnson & Johnson, Intas Pharmaceuticals Ltd., Apotex Inc., Macleods Pharmaceuticals Ltd., Medtronic PLC, Cogentix Medical, Inc., and others.
Overactive Bladder Treatment Industry News
January 2019: In the Washington University School of Medicine, researchers announced their latest invention, an implantable device that allows overactive bladder treatment without the use of electronic stimulators or medications. January 2019: Researchers from the University of Illinois, Northwestern University, US and the University of Washington announced the latest innovation which is a compact implantable device. This device detects overactivity in the bladder and reduces the urge of urination using bio-integrated LEDs.
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MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
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priyacmi · 4 years
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Self-care Medical Devices Market
Self-care medical devices are used for measuring and monitoring various vital parameters of a patient. These devices play an important role in monitoring blood sugar level, heart rate, hypertension and other conditions.
Blood glucose monitors, blood pressure monitors, temperature monitors, Holter monitors, pregnancy/fertility test kits, sleep apnea monitors, nebulizers, and pedometers are some of the most commonly used self-care medical devices.
The global self-care medical devices market is estimated to account for US$ 18,090.1 Mn in terms of value and is expected to reach US$ 30,419.8 Mn by the end of 2027.
Global Self-care Medical Devices Market: Drivers
Increasing prevalence of lifestyle diseases is expected to propel growth of the global self-care medical devices market over the forecast period. For instance, according to the study, “Global and regional diabetes prevalence estimates for 2019 and projections for 2030 and 2045: Results from the International Diabetes Federation Diabetes Atlas, 9th edition”, published in the journal Diabetes Research and Clinical Practice, in September 2019, 463 million people are expected to suffer from diabetes in 2019 worldwide and the number is expected to reach 578 million by 2030 and 700 million by 2045.
Moreover, increasing geriatric population is also expected to aid in growth of the market. For instance, according to the U.S. Census Bureau, the U.S. geriatric population is expected to reach 77 million by 2034.     
Approval and launch of new devices is expected to propel growth of the global self-care medical devices market over the forecast period. For instance, in April 2020, Axonics Modulation Technologies, Inc. received the U.S. Food & Drug Administration approval for its next generation rechargeable implantable neurostimulator, r-SNM System, under a premarket approval supplement.
Blood Glucose Monitors held dominant position in the global self-care medical devices market in 2019, accounting for 57.8% share in terms of value, followed by blood pressure monitors and sleep apnea monitors, respectively.
Figure 1. Global Self-care Medical Devices Market Share (%), by Value, by Product Type, 2019
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Global Self-care Medical Devices Market: Restraints                          
Product recalls are expected to hinder growth of the market. For instance, in September 2019, Johnson and Johnson Vision Care recalled two full and one partial master lots of 1-DAY ACUVUE MOIST for ASTIGMATISM Contact Lenses in EMEA, owing to failure to meet quality standards.
Moreover, inaccuracy of self-care medical devices is also expected to limit growth of the market. Self-care devices such as pregnancy kits and fertility test kits provide false positive results.    
Report Coverage
Details
Base Year:
2019
Market Size in  2019:
US$ 16,853.7 Mn
Historical Data for:
2016 to 2019
Forecast Period:
2020 to 2027
Forecast Period 2020 to 2027 CAGR:
7.7%
2027 Value  Projection:
US$ 30,419.8 Mn
Geographies covered:
  North America: U.S., Canada
  Latin America: Brazil, Argentina,       Mexico, Rest of Latin America
  Europe: Germany, U.K.,       Spain, France, Italy, Russia, Rest of Europe
  Asia Pacific: China, India, Japan,       Australia, South Korea, ASEAN, Rest of Asia Pacific
  Middle East: GCC Countries,       Israel, Rest of Middle East
  Africa: South Africa, North       Africa, Central Africa
 Segments covered:
  By Product Type: Blood Glucose       Monitors, Blood Pressure Monitors, Temperature Monitors, Holter       Monitors, Pregnancy/Fertility Test Kits, Sleep Apnea Monitors,       Nebulizers, Pedometers.
 Companies covered:
3M Healthcare, Abbott Laboratories, Bayer AG, GE  Healthcare, F .Hoffmann-La Roche, Johnson & Johnson, Medtronic, Inc.,  Omron Healthcare, Philips Healthcare, and ResMed, Inc.
Growth Drivers:
  Product Launches
  Increasing demand for homecare treatment
 Restraints & Challenges:
  Alternative treatment options
  High costs
 Side effects and risks associated with implantation of self-care medical devices is expected to hinder growth of the market. Neuromodulation implanting surgery has certain side effects on the body such as allergy and hoarseness. The neuromodulation devices also carry some risks, owing to the electrical impulses generated by it. The device may cause damages to the nearby nerves and blood vessels, as in the case of a VNS pacemaker, it might cause damages to the vagus nerve, carotid artery and jugular veins.
Self-care Medical Devices Market Report Coverage
Global Self-care Medical Devices Market: Opportunities 
High prevalence of cardiovascular diseases in emerging economies is expected to offer lucrative growth opportunities for players in the global self-care medical devices market. For instance, the Journal of American Collage of Cardiology reported a prevalence of 54.6 million for cardiovascular diseases in India in a study published in July 2018.       
Moreover, digitalization in self-care medical devices is also expected to aid in growth of the market. For instance, in June 2020, AireHealth, a developer of portable nebulizer that pairs with a smartphone app for remote monitoring, acquired BreathResearch, a respiratory health company, in order to develop its digital respiratory health platform.
Increasing healthcare expenditure is expected to offer lucrative growth opportunities for players in the global self-care medical devices market. For instance, according to The Centers for Medicare & Medicaid Services, the U.S. health spending is projected to reach nearly US$ 6.0 trillion by 2027.
The global self-care medical devices market was valued at US$ 16,853.7 Mn in 2019 and is forecast to reach a value of US$ 30,419.8 Mn by 2027 at a CAGR of 7.7% between 2020 and 2027.
Market Trends/Key Takeaways
Major players in the market are focused on offering guidelines regarding use of self-care devices during Covid-19 pandemic. For instance, in April 2020, Abbott Laboratories announced that the FreeStyle Libre 14 day system, a CGM technology, can be used in the hospital setting 2 during the COVID-19 pandemic, according to the U.S. Food and Drug Administration (FDA).
Self-care devices are effective in management of various chronic disorders. For instance, in June 2020, Abbott Laboratories announced new late-breaking data that demonstrated efficacy of its FreeStyle Libre system, in reducing hemoglobin A1c (HbA1c) levels for people living with type 2 diabetes.
Self-care medical devices are currently regulated by Council Directive 93/42/EEC concerning medical devices. However, in May 2020, this Directive will be replaced by Regulation (EU) 2017/745 on medical devices, amending Directive 2001/83/EC, Regulation (EC) No 178/2002 and Regulation (EC) No 1223/2009 and repealing Council Directives 90/385/EEC and 93/42/EEC.
The market has witnessed increasing adoption of smartphone-based pedometers, due to increasing use of smartphones. For instance, according to Pew Research Center, as of February 2019, 81% of U.S. adults used smartphones compared to 77% in October 2018. 
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Global Self-care Medical Devices Market: Competitive Landscape
Major players operating in the global Self-care Medical Devices Market include, 3M Healthcare, Abbott Laboratories, Bayer AG, GE Healthcare, F .Hoffmann-La Roche, Johnson & Johnson, Medtronic, Inc., Omron Healthcare, Philips Healthcare, and ResMed, Inc.
Global Self-care Medical Devices Market: Key Developments
Major players in the market are focused on launching new products to expand their product portfolio. For instance, in January 2020, ResMed Inc. launched AirFit F30i, its first tube-up full face CPAP mask.
October 2019: OMRON Healthcare, Inc. launched newly redesigned models of its blood pressure monitors with new features
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latestmarketreport · 5 years
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North America to Remain Leading Revenue Contributor to Global Pain Management Devices Market
Nov 06, 2019- Million Insights Market Research has published a new report titled ‘Pain Management Devices Market – Global Industry Analysis, Size, Share, Growth, and Forecast, 2018–2026.’ Pain Management Devices market report helps analyze trends and significant developments in the industry.
The pain management devices market was estimated to be USD 3.18 billion globally in 2014. This can be attributed to increasing geriatric population along with rising number of population suffering from diabetes. According to estimates published by International Diabetes Federation, the prevalence of diabetes is predicted to increase to 552.0 million by 2030 from 355.0 million in 2011 globally.
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The increasing incidence of diabetes makes a huge population base susceptible towards development of chronic pain which is expected to drive the growth. The market is primarily driven by aging population base which is more prone to develop various chronic disorders. These chronic disorders include diabetes, cancer and cardiovascular disorders accounting for over 87.0% of disease burden in geriatric population.
In addition, there has been an increasing prevalence of cancer accompanied with chronic pain and serves as a potential contributor towards high potential growth. The trauma is a result of compression of a nerve by tumor and other factors which can be subsided with the use of these devices. According to estimates, over 20.0 to 50.0% of patients suffer from acute pain during diagnosis and about 75.0% as the disease progresses.
The major applications include trauma, musculoskeletal disorders, migraine and facial, neuropathic and cancer, which can be accessed through neurostimulation products. A substantial share was held by neurostimulation devices owing to the efficient results achieved by stimulation of spinal cord. Additionally, these products also have various benefits such as stimulation of customized level based on the activities done by the individual in a day. These show their action by inducing cell necrosis by temperature thermal therapy.
Regional Insights
The market was dominated by North America with a revenue share of around 49.5% in 2014. The dominance can be as a consequence of supportive healthcare infrastructure which helps in increasing accessibility of pain management devices. Moreover, initiatives by government such as Affordable Care Act and Precision Medicine along with favorable reimbursement policies contribute to the regional growth. Also, increasing awareness level amongst individuals coupled with high healthcare expenditure is predicted to broaden the growth potential.
A lucrative growth is expected to be witnessed by Asia Pacific throughout the forecast period as a consequence of supportive governmental policies for improvement in healthcare infrastructure. Also, emerging economies such as China and India have high disposable incomes and is anticipated to drive the demand.
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Prominent players include Stryker Corporation, St. Jude Medical, Smiths Medical, Medtronic Plc, Pfizer, DJO Global LLC, Codman and Shurtleff, Boston Scientific Corporation, Baxter International Inc., Melsungen AG., and B Braun. Key strategies include acquisitions, mergers and alliances to provide a competitive edge.
For instance, Spinal Modulation Inc., developer of axium neurotransmitter system, which helps in targeting neural structure in spine, was acquired by St. Jude Medical in May 2015 which is predicted to strengthen product portfolio of the company.
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Medical Implant Market Outlook 2022 - Industry Analysis, Opportunities, Segmentation and Forecast
19 July 2019 - The Global Medical Implant Market is subject to witness a substantial growth due to the increasing prevalence of disorders like epilepsy, cardiac disorders, and Parkinson’s disease. Factors driving the growth of medical implants market include growing geriatric population, rising approval rate for the use of latest advanced electronic devices in healthcare sector, and advent of advanced technologies for healthcare.
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Prevalence of cardiac diseases is considered as one of the prominent factors responsible for high-end demand for medical implants. Globally, the medical implant market is estimated to grow at a substantial CAGR in the forecast period, providing numerous opportunities for market players to invest in research and development in the medical implants market.
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Cardiovascular diseases (CVDs) and coronary heart disease are considered as one of the common causes of death across the globe, thereby augmenting market demand for medical implants, in the recent years. Additionally, recent technological advancement and development of enhanced medical implants to treat various diseases is expected to drive the market growth in forecast period.
Shifting trend towards adoption of implantable medical devices for treatment of a wide range of health conditions is anticipated to fuel market expansion in near future. Growing preference towards to adoption of implantable medical devices by healthcare professional, doctors and physicians for diagnosis purposes is anticipated to foster market growth further.
The frequent adoption of medical implants is increasingly found for monitoring as well as diagnosis purposes. Presently, the medical implants industry has witnessed substantial progress with immense advancement in micro & nano-electronics, electrode technology and signal processing techniques, thus substantially influencing overall market reach in short duration of time.
Medical implants helps to replace missing or damaged biological body part in the human being. Medical implant are commonly placed over or inside the tissues or surface of the body. Increasing number of application of the medical implants for the treatment and diagnosis of wide range of diseases and replacement of the damaged part of the body are some of the major growth factors for medical implants industry, in the recent years. In addition, increasing healthcare expenditure by developed economies across the globe coupled with rising per capita income in the developing economies and increasing ageing population around the world are the key drivers of the medical implant market.
As per recent reports presented by International Society for Heart and Lung Transplantation, as many as six hundred pediatric heart transplantation processes are carried out each year globally. Such factors are expected to boost market demand for medical implant in the upcoming years.
The neuro-stimulation is considered as one of the fastest growing segment in the medical implant market with substantial revenue generation in the last couple of years. Growing popularity of the neuro-stimulation marker segment is attributed to the factors such as increasing patient awareness, recent technological advancements, growing neurological disorders, ever-increasing geriatric population, cost-effectiveness, and growing FDA approvals for clinical trials. Additionally, production of enhanced implantable neurostimulation devices, and improved clinical outcomes is expected to drive growth of neuro-stimulation market segment over the forecast period as well.
The microelectronic medical implant market is divided by region such as North America, Europe, Asia-Pacific, Latin America and Africa. North America has shown major growth in recent years owing to favorable government initiatives, increasing approval rate from by various government agencies, growing prevalence of cardiac diseases, rising in the implementation of latest technologies in pharmaceutical & medicine sector, and existence of well-established healthcare infrastructure.
Asia-Pacific’s market is predicted to hold higher share with massive growth in forecast period. Countries such as India, China and Japan are leading the Asia-Pacific market with increase in the number of healthcare facilities and significant investment by leading industry players considering potential growth opportunities in the region. The key players in the microelectronic medical implant market are Zimmer Biomet Holdings Inc., Cochlear Co., Medtronic plc, Abbott Laboratories Ltd., Boston Scientific Co., and Philips N.V.
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Medical Implant Market Report Overview - Competitive insights, Key Futuristic Trends and Opportunities 2022
9 July 2019 - The Global Medical Implant Market is subject to witness a substantial growth due to the increasing prevalence of disorders like epilepsy, cardiac disorders, and Parkinson’s disease. Factors driving the growth of medical implants market include growing geriatric population, rising approval rate for the use of latest advanced electronic devices in healthcare sector, and advent of advanced technologies for healthcare.
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Prevalence of cardiac diseases is considered as one of the prominent factors responsible for high-end demand for medical implants. Globally, the medical implant market is estimated to grow at a substantial CAGR in the forecast period, providing numerous opportunities for market players to invest in research and development in the medical implants market.
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Cardiovascular diseases (CVDs) and coronary heart disease are considered as one of the common causes of death across the globe, thereby augmenting market demand for medical implants, in the recent years. Additionally, recent technological advancement and development of enhanced medical implants to treat various diseases is expected to drive the market growth in forecast period.
Shifting trend towards adoption of implantable medical devices for treatment of a wide range of health conditions is anticipated to fuel market expansion in near future. Growing preference towards to adoption of implantable medical devices by healthcare professional, doctors and physicians for diagnosis purposes is anticipated to foster market growth further.
The frequent adoption of medical implants is increasingly found for monitoring as well as diagnosis purposes. Presently, the medical implants industry has witnessed substantial progress with immense advancement in micro & nano-electronics, electrode technology and signal processing techniques, thus substantially influencing overall market reach in short duration of time.
Medical implants helps to replace missing or damaged biological body part in the human being. Medical implant are commonly placed over or inside the tissues or surface of the body. Increasing number of application of the medical implants for the treatment and diagnosis of wide range of diseases and replacement of the damaged part of the body are some of the major growth factors for medical implants industry, in the recent years. In addition, increasing healthcare expenditure by developed economies across the globe coupled with rising per capita income in the developing economies and increasing ageing population around the world are the key drivers of the medical implant market.
As per recent reports presented by International Society for Heart and Lung Transplantation, as many as six hundred pediatric heart transplantation processes are carried out each year globally. Such factors are expected to boost market demand for medical implant in the upcoming years.
The neuro-stimulation is considered as one of the fastest growing segment in the medical implant market with substantial revenue generation in the last couple of years. Growing popularity of the neuro-stimulation marker segment is attributed to the factors such as increasing patient awareness, recent technological advancements, growing neurological disorders, ever-increasing geriatric population, cost-effectiveness, and growing FDA approvals for clinical trials. Additionally, production of enhanced implantable neurostimulation devices, and improved clinical outcomes is expected to drive growth of neuro-stimulation market segment over the forecast period as well.
The microelectronic medical implant market is divided by region such as North America, Europe, Asia-Pacific, Latin America and Africa. North America has shown major growth in recent years owing to favorable government initiatives, increasing approval rate from by various government agencies, growing prevalence of cardiac diseases, rising in the implementation of latest technologies in pharmaceutical & medicine sector, and existence of well-established healthcare infrastructure.
Asia-Pacific’s market is predicted to hold higher share with massive growth in forecast period. Countries such as India, China and Japan are leading the Asia-Pacific market with increase in the number of healthcare facilities and significant investment by leading industry players considering potential growth opportunities in the region. The key players in the microelectronic medical implant market are Zimmer Biomet Holdings Inc., Cochlear Co., Medtronic plc, Abbott Laboratories Ltd., Boston Scientific Co., and Philips N.V.
Request Sample Copy of This Report @ https://www.millioninsights.com/industry-reports/medical-implant-market/request-sample
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