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Neuroprosthetic Market Report: Trends, Forecast, and Competitive Analysis

  • ID: 5002954
  • Report
  • July 2022
  • Region: Global
  • Lucintel

FEATURED COMPANIES

  • Abbott
  • Boston Scientific
  • Cochlear
  • Livanova
  • Med-El
  • Medtronic
The future of the neuroprosthetic market looks promising with opportunities in the parkinson’s disease, epilepsy, Alzheimer’s disease, and other physiological disorders. The global neuroprosthetic market is expected to grow with a CAGR of 12% from 2019 to 2024. The major growth drivers for this market are increasing number of patients suffering from neurological disorders and nerve injury, the increasing incidence of hearing loss, the increasing cases of amputation due to the rising number of accidents, and increasing prevalence of diabetes.

A report of more than150 pages is developed to help in your business decisions. To learn the scope of, benefits, companies researched and other details of the neuroprosthetic market report then read this report.

The study includes the neuroprosthetic market size and forecast for the global neuroprosthetic market through 2024, segmented by device type, technique, application, and region as follows:

By Device Type [$M shipment analysis for 2013-2024]:
  • Auditory Prosthetics/Cochlear Implants
  • Cognitive Prosthetics
  • Visual Prosthetics/Retinal Implants
  • Motor Prosthetics
  • Others

By Technique [$M shipment analysis for 2013-2024]:
  • Spinal Cord Stimulation
  • Deep Brain Stimulation
  • Vagus Nerve Stimulation
  • Sacral Nerve Stimulation
  • Transcranial Magnetic Stimulation

By Application [$M shipment analysis for 2013-2024]:
  • Motor Neural Prosthetics
  • Physiological Disorders
  • Cognitive Disorders
  • Others

By Region [$M shipment analysis for 2013-2024]:

North America
  • United States
  • Canada
  • Mexico

Europe
  • United Kingdom
  • Germany
  • France
  • Italy
  • Spain

Asia Pacific
  • China
  • India
  • Japan

Rest of the World
  • Brazil

Some of the neuroprosthetics companies profiled in this report include Medtronic, Abbott, Cochlear, Boston Scientific, Livanova, Second Sight, Med-El, Retina Implant, Sonova, Neuropace, NDI Medical, and Nevro.

Some of the features of Global neuroprosthetic market 2019-2024: Trends, Forecast, and Opportunity Analysis include:
  • Market size estimates: Global neuroprosthetic market size estimation in terms of value ($M) shipment.
  • Trend and forecast analysis: Market trend (2013-2018) and forecast (2019-2024) by segments and region.
  • Segmentation analysis: Global market size by various applications such as by device type, technique, application, and region.
  • Regional analysis: Global neuroprosthetic market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
  • Growth opportunities: Analysis on growth opportunities in different applications and regions for neuroprosthetics in the global neuroprosthetic market.
  • Strategic analysis: This includes M&A, new product development, and competitive landscape for, neuroprosthetics in the global neuroprosthetic market.
  • Analysis of the competitive intensity of the industry based on Porter’s Five Forces model.

This report answers the following 11 key questions:
Q.1 What are some of the most promising potential, high-growth opportunities for the global neuroprosthetic market by device type (auditory prosthetics/cochlear implants, cognitive prosthetics, visual prosthetics/retinal implants, motor prosthetics, and others.), technique (spinal cord stimulation, deep brain stimulation, vagus nerve stimulation, sacral nerve stimulation, and transcranial magnetic stimulation), application (motor neural prosthetics, physiological disorders, cognitive disorders, and others.), and region (North America, Europe, Asia-Pacific, and ROW)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 Which regions will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the neuroprosthetic market?
Q.5 What are the business risks and threats to the neuroprosthetic market?
Q.6 What are emerging trends in this neuroprosthetic market and the reasons behind them?
Q.7 What are some changing demands of customers in the neuroprosthetic market?
Q.8 What are the new developments in the neuroprosthetic market? Which companies are leading these developments?
Q.9 Who are the major players in this neuroprosthetic market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in this neuroprosthetics area and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M & A activities have taken place in the last 5 years in neuroprosthetic market?
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Abbott
  • Boston Scientific
  • Cochlear
  • Livanova
  • Med-El
  • Medtronic

1. Executive Summary
2. Market Background and Classifications
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2013 to 2024
3.1: Macroeconomic Trends and Forecast
3.2: Global Neuroprosthetic Market: Trends and Forecast
3.3: Global Neuroprosthetic Market by Device Type
3.3.1: Auditory Prosthetics/Cochlear Implants
3.3.2: Cognitive Prosthetics
3.3.3: Visual Prosthetics/Retinal Implants
3.3.4: Motor Prosthetics
3.3.5: Others
3.4: Global Neuroprosthetic Market by Technique
3.4.1: Spinal Cord Stimulation
3.4.2: Deep Brain Stimulation
3.4.3: Vagus Nerve Stimulation
3.4.4: Sacral Nerve Stimulation
3.4.5: Transcranial Magnetic Stimulation
3.5: Global Neuroprosthetic Market by Application
3.5.1: Motor Neural Prosthetics
3.5.2: Physiological Disorders
3.5.3: Cognitive Disorders
3.5.4: Others
4. Market Trends and Forecast Analysis by Region
4.1: Global Neuroprosthetic Market by Region
4.2: North American Neuroprosthetic Market
4.2.1: Market by Device Type: Auditory Prosthetics/cochlear Implants, Cognitive Prosthetics, Visual Prosthetics/retinal Implants, Motor Prosthetics, and Others
4.2.2: Market by Technique: Spinal Cord Stimulation, Deep Brain Stimulation, Vagus Nerve Stimulation, Sacral Nerve Stimulation, Transcranial Magnetic Stimulation
4.2.3: Market by Application: Motor Neural Prosthetics, Physiological Disorders, Cognitive Disorders, and Others
4.3: European Neuroprosthetic Market
4.3.1: Market by Device Type: Auditory Prosthetics/cochlear Implants, Cognitive Prosthetics, Visual Prosthetics/retinal Implants, Motor Prosthetics, and Others
4.3.2: Market by Technique: Spinal Cord Stimulation, Deep Brain Stimulation, Vagus Nerve Stimulation, Sacral Nerve Stimulation, Transcranial Magnetic Stimulation
4.3.3: Market by Application: Motor Neural Prosthetics, Physiological Disorders, Cognitive Disorders, and Others
4.4: APAC Neuroprosthetic Market
4.4.1: Market by Device Type: Auditory Prosthetics/cochlear Implants, Cognitive Prosthetics, Visual Prosthetics/retinal Implants, Motor Prosthetics, and Others
4.4.2: Market by Technique: Spinal Cord Stimulation, Deep Brain Stimulation, Vagus Nerve Stimulation, Sacral Nerve Stimulation, Transcranial Magnetic Stimulation
4.4.3: Market by Application: Motor Neural Prosthetics, Physiological Disorders, Cognitive Disorders, and Others
4.5: ROW Neuroprosthetic Market
4.4.1: Market by Device Type: Auditory Prosthetics/cochlear Implants, Cognitive Prosthetics, Visual Prosthetics/retinal Implants, Motor Prosthetics, and Others
4.4.2: Market by Technique: Spinal Cord Stimulation, Deep Brain Stimulation, Vagus Nerve Stimulation, Sacral Nerve Stimulation, Transcranial Magnetic Stimulation
4.4.3: Market by Application: Motor Neural Prosthetics, Physiological Disorders, Cognitive Disorders, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Market Share Analysis
5.3: Operational Integration
5.4: Geographical Reach
5.5: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for Global Neuroprosthetic Market by Device Type
6.1.2: Growth Opportunities for Global Neuroprosthetic Market by Technique
6.1.3: Growth Opportunities for Global Neuroprosthetic Market by Application
6.1.4: Growth Opportunities for Global Neuroprosthetic Market by Region
6.2: Emerging Trends in Global Neuroprosthetic Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of Global Neuroprosthetic Market
6.3.3: Mergers, Acquisitions and Joint Ventures in the Global Neuroprosthetic Market
7. Company Profiles of Leading Players
7.1: Medtronic
7.2: Abbott
7.3: Cochlear
7.4: Boston Scientific
7.5: Livanova
7.6: Second Sight
7.7: Med-El
7.8: Sonova
7.9: Neuropace
7.10: NDI Medical
*Full List of Tables and Figures Available on Enquiry.
Note: Product cover images may vary from those shown
  • Medtronic
  • Abbott
  • Cochlear
  • Boston Scientific
  • Livanova
  • Second Sight
  • Med-El
  • Sonova: Neuropace
  • NDI Medical
Note: Product cover images may vary from those shown

The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:

  • In-depth interviews of the major players in the market
  • Detailed secondary research from competitors’ financial statements and published data
  • Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
  • A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.

Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.

Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.

 

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