Page Updated:
Oct 2024
The Neuromodulation market in North America is expected to grow from US$ 3,029.72 million in 2019 to US$ 6,612.00 Million by 2027. This represents a CAGR of 10.6% from 2020 to 2027.
The growth of the market in the region is expected to grow owing to increasing incidence of neurological disorders, growing developments in neuromodulation technology are projected to drive the North America neuromodulation market during the forecast period.
The US has observed fast growth in the neuromodulation market within the past few years and is expected to lead the market in North America during the forecast period. Neuromodulation is the process of regulating the activity of nerves by controlling the physiological level of neurotransmitters. These modifications are brought about with the help of various devices or by drug infusion. These devices contain small electrodes that are placed on the spinal cord, brain or peripheral nerves. Neurological disorders such as, cerebrovascular diseases, Alzheimer disease and Parkinson's disease affect the neurological functioning of the body and hence can be treated with the help of neuromodulation
US Neuromodulation Market Revenue and Forecast to 2027 (US$ Million)
- This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.
NORTH AMERICA NEUROMODULATION – MARKET SEGMENTATION
By Technology
- External (Non-Invasive) Neuromodulation
- Respiratory Electrical Stimulation
- Transcutaneous Electrical Nerve Stimulation
- Transcranial Magnetic Stimulation
- Internal Neuromodulation
- Deep Brain Stimulation
- Sacral Nerve Stimulation
- Gastric Electrical Stimulation
- Spinal Cord Stimulation
- Vagus Nerve Stimulation
By Application
- Chronic Pain Management
- Failed Back Syndrome
- Epilepsy
- Tremor
- Incontinence
- Depression
- Dystonia
- Gastroparesis
- Parkinson’s Disease
- Obsessive-Compulsive Disorder
- Migraine
By End User
- Hospitals
- Clinics
- Home Healthcare
By Country
- US
- Canada
- Mexico
Company Profiles
- Abbott
- Boston Scientific Corporation
- Medtronic
- NeuroPace, Inc.
- NeuroSigma, Inc.
- NEVRO CORP.
- Synapse Biomedical Inc.
- Soterix Medical Inc
- Integer Holdings Corporation
- Magstim
North American Neuromodulation Report Scope
Report Attribute | Details |
---|---|
Market size in 2019 | US$ 3,029.72 Million |
Market Size by 2027 | US$ 6,612.00 Million |
Global CAGR (2020 - 2027) | 10.6% |
Historical Data | 2017-2018 |
Forecast period | 2020-2027 |
Segments Covered |
By Technology
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
|
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