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North American Internal Neuromodulation Market - Opportunities and Forecasts, 2017 - 2023

  • ID: 3773712
  • Report
  • Region: North America, United States
  • Allied Analytics LLP
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Neuromodulation is used to regulate functions of nervous system, such as therapeutic alteration, inhibition, stimulation, modification, and others. There are two types of neuromodulation external neuromodulation and internal neuromodulation. Internal neuromodulation block or repair neuron signals of pain from reaching the brain using electrical impulses. These devices reduce highest levels of pain for various chronic or refractory diseases. Its clinical significance in pain reduction and therapeutics has lead a wide acceptance in the North American region.

The driving factors of the North American internal neuromodulation market are rising prevalence of neurological disorders, increase in the aging population, strong product pipeline, expanded target applications & new indications, and investments and funds. Unfavorable reimbursement scenario and lack of trained professionals are factors restraining the growth of the market. Technological advancements present opportunities for growth of the market.

The North American internal neuromodulation market is segmented into type, application, and geography. The market is further classified based on type into spinal cord, deep brain, sacral nerve, vagus nerve, gastric neuro stimulator. Based on applications, the market is further categorized into Parkinsons disease and chronic pain. The market is segmented based on geography into U.S., Canada, and Mexico.

The prominent companies operating in the market are Medtronic PLC, St. Jude Medical, Boston Scientific Corp., Cerbomed GMBH, Cyberonics Inc., Biocontrol Medical, Depuy Synthes Companies, Enteromedics INC., Synapse Biomedical INC., Uroplasty Inc., and Greatbatch. They have implemented various strategies, such as mergers & acquisitions, partnerships, agreements, new product launches, and others to gain a strong foothold of the market.

KEY BENEFITS FOR STAKEHOLDERS:

The report offers a detailed analysis of key driving and hindering factors of the North American internal neuromodulation market.
The report provides an extensive analysis of current and future market status of the North American internal neuromodulation market.
This report offers an in-depth quantitative analysis of the current market and estimations through 2015 and 2020, which assists in identifying the prevailing market opportunities.
An extensive analysis of dominant market shares for each segment helps in understanding the current status of market.
Geographically, the North American internal neuromodulation market is segmented into U.S. and Canada.
An extensive analysis of current research and clinical developments within the North American internal neuromodulation market is provided with key market dynamic factors that helps in understanding the behavior of the market.
The report provides an extensive information about new product launches, research and recent developments of the North American internal neuromodulation market.

KEY MARKET SEGMENTS:

By Type

Spinal Cord Stimulator
Deep Brain Stimulator
Sacral Nerve Stimulator
Vagus Nerve Stimulator
Gastric Neuro Stimulator

By Application

Parkinsons Disease
Chronic Pain

By Country

U.S.
Canada
Mexico

Key Market Player:

Medtronic PLC
St. Jude Medical
Boston Scientific Corp.
Cerbomed GMBH
Cyberonics Inc.
Biocontrol Medical
Depuy Synthes Companies
Enteromedics Inc.
Synapse Biomedical INC.
Uroplasty Inc.
Greatbatch.



* This report will be delivered in 12 Business Days. *
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The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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