Neuromodulation Market – Future Scope , Industry Trends and Forecast to 2027

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Neuromodulation Market  Future Scope , Industry
Trends and Forecast to 2027
Neuromodulation Market By Technology (Internal
Neuromodulation, External Neuromodulation),
Application (Spinal Cord Stimulation, Deep Brain
Stimulation, Sacral Nerve Stimulation, Vagus
Nerve Stimulation, Gastric Electrical
Stimulation, Transcutaneous Electrical Nerve
Stimulation, Repetitive Transcranial Magnetic
Stimulation, Respiratory Electrical Stimulation),
Biomaterial (Ceramics Biomaterials, Metallic
Biomaterials, Polymeric Biomaterials) End User
(Hospitals, Clinics, Home Healthcare), Geography
(North America, South America, Europe,
Asia-Pacific, Middle East Africa) - Industry
Trends and Forecast to 2026
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Report Description
Global neuromodulation market is registering a
healthy CAGR of 13.50 in the forecast period of
2019-2026. This rise in the market value can be
attributed due to rise in geriatric population
and their vulnerability to neurological
disorders. The expansion in emerging economies is
likely to drive the market growth. Neuromodulatio
n is a technology that directly reacts on the
nerves. It is the delivery of stimulus directly
to the target area. It is very effective as it
can treat almost every disease from headache to
spinal cord damage. The therapy provides relief
from pain and steer away the side effects. Some
of its applications are spinal cord stimulation,
deep brain simulation, and sacral nerve
stimulation. Electrodes are attached to the brain
to carry out the procedure.
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Major Key Players

• Some of the major players operating in this
  market are
• Medtronic
• Abbott
• Boston Scientific Corporation
• Cyberonics Inc.
• Cochlear Ltd.
• Advanced Bionics AG
• Sonova
• Nevro Corp.
• Neuronetics, Integer Holdings Corporation
• Synapse Biomedical Inc

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Market Segmentation

• By Biomaterial (Ceramics Biomaterials, Metallic
  Biomaterials, Polymeric Biomaterials)
• By Application (Spinal Cord Stimulation, Deep
  Brain Stimulation, Sacral Nerve Stimulation,
  Vagus Nerve Stimulation, Gastric Electrical
  Stimulation, Transcutaneous Electrical Nerve
  Stimulation, Repetitive Transcranial Magnetic
  Stimulation, Respiratory Electrical Stimulation)
• By Technology (Internal Neuromodulation, External
  Neuromodulation)

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Regional Analysis

• Based on geography, the market is segmented into
  five geographical regions
• North America
• Europe
• Asia-Pacific
• South America
• Middle East
• Africa

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