• 1-800-526-8630U.S. (TOLL FREE)
  • 1-917-300-0470EAST COAST U.S.
  • +353-1-416-8900REST OF WORLD

Neuromodulation Market by Technology (Deep Brain Stimulation, Spinal Cord Stimulation, Transcranial Magnetic Stimulation) & by Application (Depression, Parkinson’s, Tinnitus, Alzheimer’s, Epilepsy, Ischemia, Obesity) Trends & Global Forecast to 2020

  • ID: 3300940
  • July 2015
  • Region: Global
  • 159 Pages
  • Markets and Markets
The Global Neuromodulation Market Is Expected To Grow At A Cagr Of 11.2% From 2015 To 2020

FEATURED COMPANIES

  • Cyberonics, Inc.
  • Medtronic, Inc.
  • Nevro Corporation
  • St Jude Medical, Inc.
  • MORE

Over the years, the global healthcare industry has witnessed a paradigm shift, and is now increasingly focused on minimally invasive therapies that not only treats a wide range of chronic and refractory disorders but also have fewer side effects. The demand for neuromodulation has increased significantly, because of patients’ preference for minimally invasive surgeries. Moreover, these therapies are reversible, which allows physicians to cease treatment, as and when required by removing the stimulating devices.

Based on technology, the internal neuromodulation segment is expected to be the largest and fastest-growing component segment in 2015. In internal neuromodulation category, spinal cord stimulation segment is expected to dominate the neuromodulation market in 2015. However, the deep brain stimulation segment is expected to grow at the highest CAGR from 2015 to 2020. In the external neuromodulation category, the transcutaneous electrical nerve stimulation segment is expected to be the largest segment in the neuromodulation market. However, the transcranial magnetic stimulation segment has registered the highest CAGR during the forecast period.

North America READ MORE >

Note: Product cover images may vary from those shown
The Global Neuromodulation Market Is Expected To Grow At A Cagr Of 11.2% From 2015 To 2020

FEATURED COMPANIES

  • Cyberonics, Inc.
  • Medtronic, Inc.
  • Nevro Corporation
  • St Jude Medical, Inc.
  • MORE

1 Introduction
1.1 Objectives Of Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Markets Covered
1.3.2 Years Considered For The Study
1.4 Currency
1.5 Limitations
1.6 Stakeholders

2 Research Methodology
2.1 Research Methodology Steps
2.2 Secondary And Primary Research Methodology
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.2.1 Key Data From Primary Sources
2.2.2.2 Key Insights From Primary Sources
2.2.2.3 Key Industry Insights
2.2.3 Market Size Estimation Methodology
2.2.4 Research Design
2.2.5 Market Data Validation And Triangulation
2.2.6 Assumptions For The Study

3 Executive Summary
3.1 Introduction
3.2 Current Scenario
3.3 Future Outlook
3.4 Conclusion

4 Premium Insights
4.1 Global Neuromodulation Market Overview
4.2 Global Neuromodulation Market, By Type
4.3 Geographic Analysis Of The Deep Brain Stimulation Market, By Application
4.4 Internal Neuromodulation Market, By Modality
4.5 Geographical Snapshot Of The Neuromodulation Market

5 Market Overview
5.1 Introduction
5.2 Market Segmentation
5.3 Market Dynamics
5.3.1 Drivers
5.3.1.1 Rising Prevalence Of Neurological Disorders To Spur Market Growth
5.3.1.2 Unprecedented Increase In The Aging Population To Fuel Market Growth
5.3.1.3 Expanded Target Applications And New Indications Are Expected To Stimulate The Growth Of Neuromodulation Devices
5.3.1.4 Investments And Funds - An Impetus For Market Growth
5.3.2 Restraints
5.3.2.1 Unfavorable Reimbursement Scenario Hinders Market Growth
5.3.2.2 Lack Of Trained Professionals Likely To Hamper Market Growth
5.3.3 Opportunities
5.3.3.1 Expansion In Emerging Economies
5.3.3.2 Strong Product Pipeline To Propel The Market

6 Global Neuromodulation Market, By Technology
6.1 Introduction
6.2 Internal Neuromodulation
6.2.1 Spinal Cord Stimulation (Scs)
6.2.2 Deep Brain Stimulation (Dbs)
6.2.3 Vagus Nerve Stimulation (Vns)
6.2.4 Sacral Nerve Stimulation (Sns)
6.2.5 Gastric Electrical Stimulation (Ges)
6.3 External Neuromodulation (Non-Invasive)
6.3.1 Transcutaneous Electrical Nerve Stimulation (Tens)
6.3.2 Transcranial Magnetic Stimulation (Tms)
6.3.3 Respiratory Electrical Stimulation (Res)

7 Global Neuromodulation Market, By Application
7.1 Introduction
7.2 Spinal Cord Stimulation (Scs) Market, By Application
7.2.1 Failed Back Syndrome (Fbss)
7.2.2 Chronic Pain
7.2.3 Ischemia
7.3 Deep Brain Stimulation (Dbs) Market, By Application
7.3.1 Parkinson’S Disease
7.3.2 Tremor
7.3.3 Depression
7.3.4 Other Dbs Applications
7.4 Sacral Nerve Stimulation Market, By Application
7.4.1 Urine Incontinence
7.4.2 Fecal Incontinence
7.5 Vagus Nerve Stimulation Market, By Application
7.5.1 Epilepsy
7.5.2 Other Vns Applications
7.6 Gastric Electrical Stimulation Market, By Application
7.6.1 Gastroparesis
7.6.2 Obesity
7.7 Transcutaneous Electrical Nerve Stimulation Market, By Application
7.7.1 Treatment Resistant Depression
7.7.2 Other Tens Applications
7.8 Repetitive Transcranial Magnetic Stimulation Market, By Application
7.8.1 Depression
7.8.2 Migraine Headache
7.9 Respiratory Electrical Stimulation Market, By Application
7.9.1 Spinal Cord Injury

8 Neuromodulation Market, By Region
8.1 Introduction
8.2 North America
8.2.1 U.S.
8.2.1.1 Rising Prevalence Of Chronic Diseases In The U.S.
8.2.1.2 Increasing Aging Population In The U.S.
8.2.1.3 Increasing Lyme Disease Cases In The U.S.
8.2.1.4 Conferences & Annual Meetings To Increase Exposure Of Neuromodulation
8.2.2 Canada
8.2.2.1 Increasing Incidence Of Lyme Disease In Canada
8.2.2.2 Increasing Incidences Of Cancer And Diabetes
8.3 Europe
8.3.1 Rapidly Aging Population In Europe
8.3.1.1 Conferences & Annual Meetings To Increase Exposure To Neuromodulation In The European Market
8.3.2 Germany
8.3.2.1 Rising Prevalence Of Parkinson’S Disease In Germany
8.3.3 U.K.
8.3.3.1 Rising Prevalence Of Diabetes In The U.K.
8.3.3.2 Rise In Cvd Prevalence In The U.K.
8.3.4 France
8.3.4.1 Rising Incidences Of Alzheimer's Disease And Dementia
8.3.5 Rest Of Europe
8.3.5.1 High Diabetes Prevalence In Russia, Turkey, Poland, Romania, And Ukraine
8.4 Asia-Pacific
8.4.1 Japan
8.4.1.1 Rising Adoption Of Neurostimulation
8.4.2 China
8.4.2.1 High Diabetes Incidences And Rapidly Aging Population
8.4.3 India
8.4.3.1 Increasing Geriatric Population & High Diabetes Incidence
8.4.3.2 Conferences On Neuromodulation & Pain Management In India
8.4.4 Rest Of Asia-Pacific (Roapac)
8.4.4.1 Increasing Prevalence Of Parkinson’S Disease In Singapore
8.4.4.2 Conferences On Neuromodulation In Australia
8.5 Rest Of The World
8.5.1 Increasing Incidences Of Cancer In Latin America
8.5.2 Rise In Aging Population & Prevalence Of Diabetes

9 Competitive Landscape
9.1 Overview
9.2 Market Share Analysis, By Key Player
9.2.1 Introduction
9.3 Medtronic, Inc.
9.4 Boston Scientific Corporation
9.5 St. Jude Medical, Inc.
9.6 Competitive Scenario
9.6.1 Market Development
9.6.2 Agreements, Collaborations, Mergers, And Partnerships
9.6.3 New Product Launches
9.6.4 Acquisitions
9.6.5 Expansion

10 Company Profiles
(Overview, Financials, Products & Services, Strategy, & Developments)*
10.1 Introduction
10.2 Medtronic, Inc.
10.3 Boston Scientific Corporation
10.4 St. Jude Medical, Inc.
10.5 Cyberonics, Inc.
10.6 Nevro Corporation
10.7 Neurosigma, Inc.
10.8 Neuropace, Inc.
10.9 Biocontrol Medical
10.10 Synapse Biomedical, Inc.
10.11 Neuronetics, Inc.
*Details On Financials, Product & Services, Strategy, & Developments Might Not Be Captured In Case Of Unlisted Companies.

11 Appendix
11.1 Discussion Guide
11.2 Company Developments (2012-2015)
11.2.1 Medtronic, Inc.
11.2.2 Boston Scientific Corporation
11.2.3 St Jude Medical, Inc.
11.2.4 Neurosigma, Inc.
11.3 Introducing Rt: Real-Time Market Intelligence
11.4 Available Customizations
11.5 Related Reports

List Of Tables

Table 1 Increasing Incidence Of Neurological Disorders Is Propelling The Growth Of The Global Neuromodulation Market
Table 2 Unfavourable Reimbursement Structure Is Restraining The Growth Of The Global Neuromodulation Market
Table 3 Expansion In Emerging Markets Has A Huge Potential For Growth In The Global Neuromodulation Market
Table 4 Global Neuromodulation Market Size, By Type, 2013-2020 ($Million)
Table 5 Internal Neuromodulation Market Size, By Region, 2013-2020 ($Million)
Table 6 Internal Neuromodulation Market Size, By Modality, 2013-2020 ($Million)
Table 7 Internal Neuromodulation Market Size, By Modality, 2013-2020 (Units)
Table 8 Spinal Cord Stimulation Market Size, By Region, 2013-2020 ($Million)
Table 9 Spinal Cord Stimulation Market Size, 2013-2020 (Units)
Table 10 Deep Brain Stimulation Market Size, By Region, 2013-2020 ($Million)
Table 11 Deep Brain Stimulation Market Size, By Region, 2013-2020 (Units)
Table 12 Vagus Nerve Stimulation Market Size, By Region, 2013-2020 ($Million)
Table 13 Vagus Nerve Stimulation Market Size, By Region, 2013-2020 (Units)
Table 14 Sacral Nerve Stimulation Market Size, By Region, 2013-2020 ($Million)
Table 15 Sacral Nerve Stimulation Market Size, By Region, 2013-2020 (Units)
Table 16 Gastric Electrical Stimulation Market Size, By Region,
2013-2020 ($Million)
Table 17 Gastric Electrical Stimulation Market Size, By Region,
2013-2020 (Units)
Table 18 External Neuromodulation Market Size, By Region,
2013-2020 ($Million)
Table 19 External Neuromodulation Market Size, By Modality,
2013-2020 ($Million)
Table 20 External Neuromodulation Market Size, By Modality, 2013-2020 (Units)
Table 21 Transcutaneous Electrical Nerve Stimulation Market Size,
By Region, 2013-2020 ($Million)
Table 22 Gastric Electrical Stimulation Market Size, By Region,
2013-2020 (Units)
Table 23 Transcranial Magnetic Stimulation Market Size, By Region,
2013-2020 ($Million)
Table 24 Transcranial Magnetic Stimulation Market Size, By Region,
2013-2020 (Units)
Table 25 Respiratory Electrical Stimulation Market Size, By Region,
2013-2020 ($Million)
Table 26 Respiratory Electrical Stimulation Market Size, By Region,
2013-2020 (Units)
Table 27 Global Spinal Cord Stimulation Market, By Application,
2013-2020 ($Million)
Table 28 Global Deep Brain Stimulation Market, By Application,
2013-2020 ($Million)
Table 29 Global Sacral Nerve Stimulation Market, By Application,
2013-2020 ($Million)
Table 30 Global Vagus Nerve Stimulation Market, By Application,
2013-2020 ($Million)
Table 31 Global Gastric Electrical Stimulation Market, By Application,
2013-2020 ($Million)
Table 32 Global Transcutaneous Electrical Nerve Stimulation Market,
By Application, 2013-2020 ($Million)
Table 33 Global Transcranial Magnetic Stimulation Market,
By Application, 2013-2020 ($Million)
Table 34 Neuromodulation Market Size, By Region, 2013-2020($Million)
Table 35 North America: Neuromodulation Market Size, By Country,
2013-2020 ($Million)
Table 36 North America: Neuromodulation Market Size, By Type,
2013-2020 ($Million)
Table 37 North America: Internal Neuromodulation Market Size,
By Modality, 2013-2020 ($Million)
Table 38 North America: External Neuromodulation Market Size,
By Modality, 2013-2020 ($Million)
Table 39 U.S.: Neuromodulation Market Size, By Type, 2013-2020 ($Million)
Table 40 U.S.: Internal Neuromodulation Market Size, By Modality,
2013-2020 ($Million)
Table 41 U.S. : External Neuromodulation Market Size, By Modality,
2013-2020 ($Million)
Table 42 Canada: Neuromodulation Market Size, By Type, 2013-2020 ($Million)
Table 43 Canada : Internal Neuromodulation Market Size, By Modality,
2013-2020 ($Million)
Table 44 Canada: External Neuromodulation Market Size, By Modality,
2013-2020 ($Million)
Table 45 Europe: Neuromodulation Market Size, By Country,
2013-2020 ($Million)
Table 46 Europe: Neuromodulation Market Size, By Type, 2013-2020 ($Million)
Table 47 Europe: Internal Neuromodulation Market Size, By Modality,
2013-2020 ($Million)
Table 48 Europe: External Neuromodulation Market Size, By Modality,
2013-2020 ($Million)
Table 49 Germany: Neuromodulation Market Size, By Type, 2013-2020 ($Million)
Table 50 Germany: Internal Neuromodulation Market Size, By Modality,
2013-2020 ($Million)
Table 51 Germany: External Neuromodulation Market Size, By Modality,
2013-2020 ($Million)
Table 52 U.K.: Neuromodulation Market Size, By Type, 2013-2020 ($Million)
Table 53 U.K.: Internal Neuromodulation Market Size, By Modality,
2013-2020 ($Million)
Table 54 U.K.: External Neuromodulation Market Size, By Modality,
2013-2020 ($Million)
Table 55 France: Neuromodulation Market Size, By Type, 2013-2020 ($Million)
Table 56 France: Internal Neuromodulation Market Size, By Modality,
2013-2020 ($Million)
Table 57 France: External Neuromodulation Market Size, By Modality,
2013-2020 ($Million)
Table 58 Rest Of Europe: Neuromodulation Market Size, By Type,
2013-2020 ($Million)
Table 59 Rest Of Europe: Internal Neuromodulation Market Size,
By Modality, 2013-2020 ($Million)
Table 60 Rest Of Europe: External Neuromodulation Market Size,
By Modality, 2013-2020 ($Million)
Table 61 Asia-Pacific: Neuromodulation Market Size, By Country,
2013-2020 ($Million)
Table 62 Asia-Pacific: Neuromodulation Market Size, By Type,
2013-2020 ($Million)
Table 63 Asia-Pacific: Internal Neuromodulation Market Size, By Modality,
2013-2020 ($Million)
Table 64 Asia-Pacific: External Neuromodulation Market Size, By Modality,
2013-2020 ($Million)
Table 65 Japan: Neuromodulation Market Size, By Type, 2013-2020 ($Million)
Table 66 Japan: Internal Neuromodulation Market Size, By Modality,
2013-2020 ($Million)
Table 67 Japan: External Neuromodulation Market Size, By Modality,
2013-2020 ($Million)
Table 68 China: Neuromodulation Market Size, By Type, 2013-2020 ($Million)
Table 69 China: Internal Neuromodulation Market Size, By Modality,
2013-2020 ($Million)
Table 70 China: External Neuromodulation Market Size, By Modality,
2013-2020 ($Million)
Table 71 India: Neuromodulation Market Size, By Type, 2013-2020 ($Million)
Table 72 India: Internal Neuromodulation Market Size, By Modality,
2013-2020 ($Million)
Table 73 India: External Neuromodulation Market Size, By Modality,
2013-2020 ($Million)
Table 74 Roapac: Neuromodulation Market Size, By Type, 2013-2020 ($Million)
Table 75 Roapac: Internal Neuromodulation Market Size, By Modality,
2013-2020 ($Million)
Table 76 Roapac: External Neuromodulation Market Size, By Modality,
2013-2020 ($Million)
Table 77 Rest Of The World: Neuromodulation Market Size, By Type,
2013-2020 ($Million)
Table 78 Rest Of The World: Internal Neuromodulation Market Size,
By Modality, 2013-2020 ($Million)
Table 79 Rest Of The World: External Neuromodulation Market Size,
By Modality, 2013-2020 ($Million)
Table 80 Recent Developments, 2012-2014
Table 81 Recent Developments, 2012-2014
Table 82 Recent Developments, 2012-2014
Table 83 Recent Developments, 2012-2014
Table 84 Recent Developments, 2012-2014

List Of Figures

Figure 1 Neuromodulation Market Segmentation
Figure 2 Global Neuromodulation Market: Research Methodology Steps
Figure 3 Break Down Of Primary Interviews: By Company Type, Designation, And Region
Figure 4 Market Size Estimation Methodology: Bottom-Up Approach
Figure 5 Market Size Estimation Methodology: Top-Down Approach
Figure 6 Data Triangulation Methodology
Figure 7 Internal Neuromodulation Segment To Witness The Highest Cagr During The Forecast Period
Figure 8 Deep Brain Stimulation To Grow At The Highest Cagr During The Forecast Period
Figure 9 Transcutaneous Electrical Nerve Stimulation Is Expected To Command The Largest Share In 2015
Figure 10 Parkinson’S Disease Is Expected To Command The Largest Share In 2015
Figure 11 Asia-Pacific Slated To Witness The Highest Growth In The Neuromodulation Market During The Forecast Period
Figure 12 Attractive Opportunities In The Neuromodulation Market
Figure 13 Internal Modulation Technology To Witness The Highest Growth During The Forecast Period
Figure 14 North America To Dominate The Neuromodulation Market
Figure 15 Deep Brain Stimulation Segment To Witness Highest Growth Rate During The Forecast Period
Figure 16 Asia-Pacific To Witness Highest Growth Rate From 2015 To 2020
Figure 17 Drivers, Restraints & Opportunities
Figure 18 Global Neuromodulation Market, By Type
Figure 19 Internal Neuromodulation Segment To Grow At The Highest Cagr During The Forecast Period
Figure 20 Asia-Pacific To Grow At The Highest Cagr During The Forecast Period
Figure 21 Deep Brain Stimulation To Growth At A Highest Cagr During The Forecast Period
Figure 22 Asia-Pacific To Grow At The Highest Cagr During The Forecast Period
Figure 23 Transcranial Magnetic Stimulation To Grow At The Highest Cagr During The Forecast Period
Figure 24 Global Internal Neuromodulation Market, By Application
Figure 25 Global External Neuromodulation Market, By Application
Figure 26 North America Is Expected To Command The Largest Share Of The Global Neuromodulation Market In 2015
Figure 27 U.S. To Witness The Highest Growth In The Global Neuromodulation Market In North America (2015)
Figure 28 Germany To Witness The Highest Growth In The Global Neuromodulation Market In Europe (2015)
Figure 29 Asia-Pacific, The Fastest-Growing Segment In The Global Market
Figure 30 Row Expected To Grow At A Cagr During 2015 To 2020
Figure 31 Market Share Analysis, By Key Player, 2014
Figure 32 Strategies Adopted By Key Players Over The Last Four Years (2012-2015)
Figure 33 Battle For Market Share: Market Develpoment Was The Key Strategy
Figure 34 Geographical Revenue Mix Of Top Players
Figure 35 Medtronic, Inc.: Company Snapshot
Figure 36 Boston Scientific Corporation: Company Snapshot
Figure 37 St Jude Medical, Inc.: Company Snapshot
Figure 38 Cyberonics, Inc.: Company Snapshot
Figure 39 Nevro Corporation: Company Snapshot

Note: Product cover images may vary from those shown
The Global Neuromodulation Market Is Expected To Grow At A Cagr Of 11.2% From 2015 To 2020

FEATURED COMPANIES

  • Cyberonics, Inc.
  • Medtronic, Inc.
  • Nevro Corporation
  • St Jude Medical, Inc.
  • MORE

Neuromodulation is a technique that acts directly on nerves or the target area, where the activity of nerves is altered. These alterations are due to the effects produced by electrical stimulation or drug infusion. These devices include small electrodes, which are placed in the brain, spinal cord, or peripheral nerves, and are connected via leads to an implantable pulse generator placed under the skin to generate electrical stimulation in a precise pattern.

The global neuromodulation market is segmented on the basis of technology, application, and region. Based on technology, the market is segmented into internal and external neuromodulation. Internal neuromodulation is further segmented into spinal cord stimulation (SCS), deep brain stimulation (DBS), vagus nerve stimulation (VNS), sacral nerve stimulation (SNS), and gastric electrical stimulation (GES). External neuromodulation is categorized into transcutaneous electrical nerve stimulation (TENS), transcranial magnetic stimulation (TMS), and respiratory electrical stimulation (RES). The spinal cord stimulation (SCS) segment is expected to have the largest share of the global internal neuromodulation market in 2015. On the other hand, the transcutaneous electrical nerve stimulation (TENS) segment is expected to register the largest share of the global external neuromodulation market in 2015.

Based on application, the neuromodulation market is segmented into technology-wise applications such as spinal cord stimulation (chronic pain, failed back surgery, ischemia); deep brain stimulation (Parkinson's disease, tremor, depression, others), sacral nerve stimulation (urine incontinence, fecal incontinence), vagus nerve stimulation (epilepsy, others), gastric electrical stimulation (gastro paresis, obesity), transcutaneous electrical nerve stimulation (treatment resistant depression, others), and transcranial magnetic stimulation (depression, migraine headaches).

The key factors that are expected to spur the growth of this market include rising geriatric population, increasing prevalence of neurological diseases, strong product pipeline offered by players, and expanded target applications and new indications. Moreover, expansion in emerging economies is likely to create significant growth opportunities for players operating in the market. However, factors such as unfavorable reimbursement scenario and lack of trained professionals are likely to pose as deterrents hampering market growth.

The global neuromodulation market is expected to grow at a CAGR of 11.2% from 2015 to 2020, to reach $6.20 Billion by 2020 from $3.65 Billion in 2015. The market is dominated by North America, followed by Europe, Asia-Pacific, and rest of the world (RoW). Asia-Pacific is expected to grow at the highest CAGR during the forecast period.

Some of the major players in the global market include Medtronic, Inc. (U.S.), Boston Scientific Corporation (U.S.), St. Jude Medical, Inc. (U.S.), Synapse Biomedical, Inc. (U.S.), Nevro Corporation (U.S.), Neurosigma, Inc. (U.S.), Neuropace, Inc. (U.S.), Neuronetics, Inc. (U.S.), Cyberonics, Inc. (U.S.), and BioControl Medical (Israel).

Note: Product cover images may vary from those shown
The Global Neuromodulation Market Is Expected To Grow At A Cagr Of 11.2% From 2015 To 2020

- Boston Scientific Corporation
- Cyberonics, Inc.
- Medtronic, Inc.
- Nevro Corporation
- St Jude Medical, Inc.

Note: Product cover images may vary from those shown
Note: Product cover images may vary from those shown

RELATED PRODUCTS

Our Clients

Shire PLC. GlaxoSmithKline PLC Astrazeneca PLC Roche Diagnostics Ltd. H. Lundbeck A/S Electrical Geodesics, Inc.