The report on the Global Neuroprosthetics Market gives an estimation of the development of the market based on historical studies and also provides forecasts on the basis of comprehensive research. The report gives a complete market analysis for the forecasted period from 2020 to 2026. The market is portioned into various segments with an in-depth outlook of the competitive outlook and a listing of the profiled key players. The market size in terms of revenue (USD MN) is calculated and provided for the study period along with the dynamics of the market such as the drivers and the restraints.
Study period considered for research of global neuroprosthetics market:
- Base Year: 2019
- Estimated Year: 2020
- Forecast Till: 2026
A glimpse of the major drivers and restraints affecting the neuroprosthetics market is mentioned below.
Drivers
- Swift progression of technology – assist in improving neuroprosthetics
- New device approvals- leading towards early commercialization to achieve competitive edge
- Growing burden of neurological disorders that responds to neurostimulation
- Availability of funds and research grants
Restraints
- Reimbursement issues
- Adverse reactions- increases risk of mortality and decreases usage rate
- Higher prices of products and therapy
The report offers a value chain analysis that gives a comprehensive outlook of the neuroprosthetics market. The attractiveness analysis of this market has also been included so as to evaluate the segments that are anticipated to be profitable during the forecast period.
The neuroprosthetics market has been segmented based on types such as motor prosthetics, auditory prosthetics / cochlear implants, visual prosthetics / retinal implants, and cognitive prosthetics. The study incorporates periodic market estimates and forecasts. Each type has been analyzed based on the market size at regional and country levels.
The neuroprosthetics market has been segmented based on technology such as deep brain simulation (DBS), vagus nerve stimulation (VNS), spinal cord stimulation (SCS), and sacral nerve stimulation (SNS). The report provides forecast and estimates for each technology in terms of market size during the study period. Each technology has been further analyzed based on regional and country levels.
The neuroprosthetics market has been segmented based on applications such as motor neuron disorders (Parkinson’s disease and epilepsy), physiological disorders [auditory disorders, ophthalmic disorders, neurocardiac disorders and over active bladder syndrome (kidney disorders)] and cognitive disorders (Alzheimer’s disease and severe depression. The study incorporates periodic market estimates and forecasts. Each application has been analyzed based on the market size at regional and country levels.
Geographically, the neuroprosthetics market has been segmented into regions such as North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. The study details country-level aspects based on each segment and gives estimates in terms of market size.
The report also covers the complete competitive landscape of the global Neuroprosthetics market with company profiles of key players such as:
- Boston Scientific Corporation
- Cochlear Limited
- Cyberonics Inc.
- Medtronic Inc.
- NDI Medical LLC
- Nervo Corp.
- NeuroPace Inc.
- Retina Implant AG
- ST. Jude Medical Inc.
A detailed description of each has been included, with information in terms of headquarters, inception, stock listing, upcoming capacities, key mergers & acquisitions, financial overview, and recent developments. This analysis gives a thorough idea about the competitive positioning of market players. The report also gives information of neuroprosthetics market’s mergers/acquisitions, partnerships, collaborations, new product launches, new product developments and other industry developments.
SEGMENTATIONS IN REPORT:
Neuroprosthetics Market Analysis by Type:
- Motor Prosthetics
- Auditory Prosthetics / Cochlear Implants
- Visual Prosthetics / Retinal Implants
- Cognitive Prosthetics
Neuroprosthetics Market Analysis by Technology:
- Deep Brain Simulation (DBS)
- Vagus Nerve Stimulation (VNS)
- Spinal Cord Stimulation (SCS)
- Sacral Nerve Stimulation (SNS)
Neuroprosthetics Market Analysis by Applications:
- Motor Neuron Disorders
- Parkinson's Disease
- Epilepsy
- Physiological Disorders
- Auditory Disorders
- Ophthalmic Disorders
- Neurocardiac Disorders
- Over Active Bladder Syndrome (Kidney Disorders)
- Cognitive Disorders
- Alzheimer's Disease
- Severe Depression
Neuroprosthetics Market Analysis by Geography:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East And Africa
The Global Neuroprosthetics Market has been exhibited in detail in the following chapters -
Chapter 1 Neuroprosthetics Market Preface
Chapter 2 Executive Summary
Chapter 3 Neuroprosthetics Industry Analysis
Chapter 4 Neuroprosthetics Market Value Chain Analysis
Chapter 5 Neuroprosthetics Market Analysis By Type
Chapter 6 Neuroprosthetics Market Analysis By Technology
Chapter 7 Neuroprosthetics Market Analysis By Applications
Chapter 8 Neuroprosthetics Market Analysis By Geography
Chapter 9 Competitive Landscape Of Neuroprosthetics Companies
Chapter 10 Company Profiles Of Neuroprosthetics Industry
METHODOLOGY:
A combination of primary and secondary research has been used to determine the market estimates and forecasts. Sources used for secondary research include (but not limited to) Paid Data Sources, Company Websites, Technical Journals, Annual Reports, SEC Filings and various other industry publications. Specific details on methodology used for this report can be provided on demand.