The Neurostimulation Devices Market To Stay Focused On Technological Advancements In The Next Decade

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Neurostimulation Devices Market
Report Id PMRREP2824 Category Life Science
Healthcare
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The Neurostimulation Devices Market To Stay
Focused On Technological Advancements In The Next
Decade

• According to a new market report published by
  Persistence Market Research Global Market Study
  on Neurostimulation Devices  Deep Brain
  Stimulation Devices to Witness Highest Growth by
  2020, the global neurostimulation devices market
  was valued at US 5,088.9 Mn in 2014 and is
  expected to grow at a CAGR of 12.7 from 2014 to
  2020, to reach US 10,445.7 Mn by 2020.
• Neurostimulation technology involves the use of
  microelectrodes to activate elements of the
  nervous system. It involves the use of a
  neurostimulation device a battery-powered
  stopwatch-sized device which is surgically
  implanted in the brain and delivers electric
  signals at scheduled time intervals to the
  nervous system. These electric signals develop
  tingling sensations (paresthesia) in the damaged
  nerve and helps chronic pain and neurological
  disorders.
• The global neurostimulation devices market is
  witnessing significant growth due to increasing
  prevalence of chronic pain and rising incidences
  of neurological diseases. Moreover, rising
  awareness about various neurological diseases,
  growing geriatric population, and increasing
  investments in research and development of
  innovative neurostimulation devices are also
  driving the market.

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Some of the major players in the Neurostimulation
devices market

• Medtronic plc, St. Jude Medical, Inc.
• Boston Scientific Corporation.
• Cyberonics, Inc.
• Cochlear, Ltd.
• NDI Medical, LLC.
• NeuroPace, Inc.
• MED-EL.
• NeuroSigma, Inc.

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