Nerve Repair and Regeneration Market worth 10,398.79 Million USD by 2020 - PowerPoint PPT Presentation

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Nerve Repair and Regeneration Market worth 10,398.79 Million USD by 2020

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The global nerve repair and regeneration market is valued at USD 5,945.69 Million in 2015. This market is expected to grow at a CAGR of 11.83% to reach USD 10,398.79 Million in 2020. – PowerPoint PPT presentation

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Title: Nerve Repair and Regeneration Market worth 10,398.79 Million USD by 2020


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MarketsandMarkets Presents
Nerve Repair and Regeneration Market worth
10,398.79 Million USD by 2020

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  • The Nerve Repair Regeneration Market by
    Xenografts (Conduits, Protectors),
    Neuromodulation Internal (Spinal Cord, Deep
    Brain), External (Transcranial Magnetic),
    Surgery Direct Nerve Repair, Grafting, Stem
    Cell - Global Trend Forecast to 2020,
    analyzes and studies the major market drivers,
    restraints, and opportunities in North America,
    Europe, Asia, and Rest of the World.
  • Browse 88 market data tables and 53 figures
    spread through 228 pages and in-depth TOC on
    Nerve Repair Regeneration Market by Xenografts
    (Conduits, Protectors), Neuromodulation Internal
    (Spinal Cord, Deep Brain), External
    (Transcranial Magnetic), Surgery Direct Nerve
    Repair, Grafting, Stem Cell - Global Trend
    Forecast to 2020".
  • http//www.marketsandmarkets.com/Market-Reports/ne
    rve-repair-regeneration-market-883.html

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  • This report studies the global nerve repair and
    regeneration market over the forecast period of
    2015 to 2020.
  • The global nerve repair and regeneration market
    is valued at 4.5 billion in 2015 and is poised
    to reach 7.5 billion by 2020, at a CAGR of
    11.5.
  • The nerve repair and regeneration market is
    categorized into two major segments, namely,
    peripheral nerve repair (direct nerve repair,
    nerve grafting, and stem cell therapy) and
    neuromodulation. Neuromodulation is considered as
    a potential upcoming market segment. The
    favorable reimbursement policies, technological
    advancements, and strong impact of this
    technology on treating disorders such as
    Parkinsons, Alzheimers, epilepsy, and sleep
    apnea will be the major drivers for this market.
    The peripheral nerve repair segment is expected
    to grow at a lower but healthy CAGR in the next
    five years.

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  • The increasing incidence of peripheral nerve
    injuries and enhanced efficacy of biomaterials in
    treating nerve injuries are the major factors
    driving the market growth. However, factors such
    as the lack of trained professionals and lack of
    patient and surgeon awareness about biomaterials
    and Neuromodulation devices are expected to
    hamper the market growth.
  • Novel therapies (such as stem cell therapy)and
    emerging markets provide a vast opportunity for
    market growth. Estimates suggest that around
    700,000 peripheral nerve repair surgeries are
    performed every year across the world. However,
    the penetration rate of stem cell therapy is less
    than 1 in all these surgeries. Furthermore,
    emerging countries such as India, China, South
    Africa, and Australia offer huge growth
    opportunities with their diversified healthcare
    markets. The huge population base, especially in
    India and China, and aging population offers a
    sustainable market for nerve repair and
    regeneration surgeries. The major challenges for
    the market are donor site morbidity and
    inadequate nerve regeneration by conduits. The
    co-occurring diseases through nerve grafting
    surgeries and advancement of conduits for aiding
    the regeneration of long nerve gaps are the
    primary challenges that have to be overcome by
    the technology providers.

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  • The internal neuromodulation device market
    accounts for the largest share of around87 and
    is expected to grow at a double-digit CAGR in the
    next five years. The improved technology and
    effective outcomes across sub-segments such as
    spinal cord stimulation, deep brain stimulation,
    sacral nerve stimulation, and vagus nerve
    stimulation propel the growth of this market.
  • The global biomaterials nerve repair and
    regeneration market is estimated to grow at a
    healthy CAGR of more than 11. The favorable
    growth is due to a wide range of innovative
    products such as nerve conduits, nerve wraps,
    nerve connectors, and nerve protectors.

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  • North America accounts for the largest share of
    the global nerve repair and regeneration market,
    in 2013. However, the RoW region is expected to
    grow at a higher CAGR in the forecast period.
    This is due to factors such as rising awareness,
    growing demand for nerve repair products, and
    increased investments in regions such as the
    Middle East and LATAM.
  • Major players in the neurostimulation market
    include Medtronic (U.S.), Boston Scientific
    (U.S.), St. Jude Medical (U.S.), and Cyberonics
    (U.S.), whereas the peripheral nerve repair
    market is dominated by Integra Life Sciences
    Corporation (U.S.), Stryker Corporation (U.S.),
    and AxoGen, Inc. (U.S.).

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About MarketsandMarkets
Markets and Markets is a global market research
and consulting company based in the U.S. We
publish strategically analyzed market research
reports and serve as a business intelligence
partner to Fortune 500 companies across the
world. Markets and Markets also provides
multi-client reports, company profiles,
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cover thirteen industry verticals, including
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and power, food and beverages, industrial
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semiconductor and electronics, and
telecommunications and IT. We at Markets and
Markets are inspired to help our clients grow by
providing apt business insight with our huge
market intelligence repository.
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