Neurostimulation: Technologies and Global Markets

Publisher Name :
Date: 13-May-2021
No. of pages: 121

Report Scope:

This report aims to provide a comprehensive study of the global market for neurostimulation technologies/devices. It provides a detailed description of the different types of neurostimulation technologies/devices (invasive and noninvasive) and their current and historical market revenues.

Neurostimulation technologies/devices include spinal cord stimulation, deep brain stimulation, sacral nerve stimulation, vagus nerve stimulation, hypoglossal nerve stimulation, transcutaneous electrical nerve stimulation, transcranial magnetic stimulation and others.

This report also covers a detailed study of therapeutic applications of neurostimulation technologies/devices including chronic pain, Parkinson's disease, epilepsy, urinary and fecal incontinence, obstructive sleep apnea, essential tremor, obsessive compulsive disorder, major depressive disorder/clinical depression and others. An in-depth analysis of the global market for neurostimulation technologies/devices includes historical data and market projection on sales by, device type, therapeutic applications and region.

For in-depth understanding of the market, profiles of market participants, key marketed devices, competitive landscape, key competitors, and their respective market shares have been provided. This report also discusses driving and restraining factors of the global neurostimulation technology/devices market.

Report Includes:

- 21 data tables and 20 additional tables

- An overview of the global markets and technologies for neurostimulation

- Estimation of the market size and analyses of market trends, with data from 2020, estimates for 2021 and projection of CAGR through 2026

- Description of Dorsal Root Ganglion (DRG) neurostimulator system and discussion on approved indications of stimulation therapy for various diseases

- Information on recent therapy improvements and new indications for use, and discussion on alternatives to traditional stimulation therapies

- Coverage of ongoing scientific discoveries and technological advances in neurostimulation technologies and insights into marketed and pipeline (R&D) products, product recalls and reimbursement policies

- Market share analysis of neurostimulation devices by application, type and region, and evaluation of market size and forecast, and detailed analysis of drivers, challenges and opportunities affecting market growth

- Details about symptoms, progression and epidemiology of COVID-19 and discussion on impact of COVID-19 pandemic on medical industry as well as on neurostimulation market

- Market share analysis of the key companies of the industry and coverage of events like mergers & acquisitions, joint ventures, collaborations or partnerships, and other key market strategies

- Comprehensive company profiles of major players of the industry, including Abbott Laboratories, Boston Scientific, Medtronic PLC, NeuroMetrix, NeuroSigma and Soterix Medical Inc.

Summary:

The human nervous system works as the head commander of the human body and medical science community have long believed that it has huge potential in treatment of human body disorders.

Neurostimulation technology involves alteration or modulation of nerves. Neurostimulation devices deliver electrical current or magnetic impulses directly to nerves to modify their activities.

In the last 25-30 years, neurostimulation has emerged as one of the most dynamic and exciting therapy field that has been actively investigated for treatment of a range of clinical conditions including chronic pain, movement disorders (Parkinson's disease, tremor, dystonia and others), epilepsy, psychiatric disorders, functional restoration, cardiovascular disorders, gastrointestinal disorders and genitourinary disorders. It is also referred as "drug-free solutions." Currently, the potential of neurostimulation technology is actively being explored in several other clinical conditions including obesity, tinnitus and central nerve system disorders.

Given the vast size of the potential treatment population and ongoing scientific discoveries and technological advances in neurostimulation technologies, the neurostimulation devices' market is poised for significant growth. For example, according to the WHO, epilepsy is one of the most common neurological diseases globally, affecting around 50 million people around the world. According to the CDC, an estimated 50 million adults suffered from chronic pain in the U.S. in 2016, including 19.6 million adults who had high-impact chronic pain. Moreover, with growing geriatric populations and increasing trend toward the use of nondrug therapies, greater expectations for quality of life, and improved patient

attitudes toward receiving medical attention, the neurostimulation technology market is expected to grow significantly in coming years.

The global neurostimulation device market is estimated to have been worth nearly REDACTED in 2020. Between 2021 and 2026, the market is predicted to see a compound annual growth rate (CAGR) of REDACTED, leading to a market value of REDACTED in 2026. This market is experiencing significant growth, largely driven by favorable demographic trends, focus on reducing opioid usage and product innovations.

Neurostimulation: Technologies and Global Markets

Table of Contents
Chapter 1 Introduction
Study Goals and Objectives
Scope of This Report
Methodology and Information Sources
Geographic Breakdown
Analyst's Credentials
BCC Custom Research
Related BCC Research Reports
Chapter 2 Summary and Highlights
Chapter 3 Market and Technology Background
Introduction to Neurostimulation
Types of Neurostimulation Technologies
Spinal Cord Stimulation
Deep Brain Stimulation
Sacral Nerve Stimulation (SNS)
Vagus Nerve Stimulation
Hypoglossal Nerve Stimulation
Transcutaneous Electrical Nerve Stimulation
Transcranial Magnetic Stimulation (TMS)
Others
Therapeutic Applications for Neurostimulation Technologies/Devices
Chronic Pain Management
Neurological Disorders
Urinary and Fecal Incontinence
Obstructive Sleep Apnea
Chronic Migraine and Headache
Cardiovascular Diseases
Gastrointestinal Disorders
Obesity
Psychiatric Disorders
Technology Developments
MRI Compatibility
Rechargeable and Non-rechargeable Devices
Chapter 4 Market Breakdown by Technology/Device Type
Global Market for Neurostimulation Devices by Type
Spinal Cord Stimulation (SCS) Devices
Transcutaneous Electrical Nerve Stimulation (TENS) Devices
Deep Brain Stimulation (DBS) Devices
Sacral Nerve Stimulation (SNS) Devices
Vagus Nerve Stimulation (VNS) Devices
Hypoglossal Nerve Stimulation (HGNS) Devices
Market Size and Forecast
Transcranial Magnetic Stimulation (TMS) Devices
Other Types of Neurostimulation Devices
Chapter 5 Market Breakdown by Region
Global Markets for Neurostimulation Devices by Region
North America
Europe
Asia
RoW
Chapter 6 Market Breakdown by Application
Global Market for Neurostimulation Devices by Therapeutic Application
Chronic Pain
Urinary and Fecal Incontinence
Parkinson's Disease
Epilepsy
Obstructive Sleep Apnea (OSA)
Essential Tremor
Major Depressive Disorder (MDD)/Clinical Depression
Obsessive Compulsive Disorder (OCD)
Others
Chapter 7 Key Marketed Products and Technologies
Recent Therapeutic Improvements and New Indications
Spinal Cord Stimulation
Deep Brain Stimulation
Sacral Nerve Stimulation (SNS)
Vagus Nerve Stimulation
Hypoglossal Nerve Stimulation
Transcutaneous Electrical Nerve Stimulation
Transcranial Magnetic Stimulation
Other Types of Stimulation
New Indications and Neurostimulation Therapies
Chapter 8 Competitive Landscape
Company Market Shares by Product Segment
Spinal Cord Stimulation Devices
Deep Brain Stimulation Devices
Sacral Nerve Stimulation Devices
Vagus Nerve Stimulation Devices
Hypoglossal Nerve Stimulation Devices
Transcranial Magnetic Stimulation Devices
Transcutaneous Electrical Nerve Stimulation Devices
Recent Industry Activities
Chapter 9 Market Dynamics
Market Trends
Growth Drivers
Market Restraints
Chapter 10 Impact of COVID-19
Chapter 11 Company Profiles
ABBOTT LABORATORIES
ALEVA NEUROTHERAPEUTICS SA
AVERY BIOMEDICAL DEVICES INC.
AXONICS MODULATION TECHNOLOGIES INC.
BIOINDUCTION LTD.
BIONESS INC.
BIOWAVE CORP.
BOSTON SCIENTIFIC CORP.
BRAINSWAY LTD.
COCHLEAR AMERICAS
CVRX INC.
ELECTROCORE INC.
INSPIRE MEDICAL SYSTEMS INC.
INTEGER HOLDINGS CORP.
LABORIE INC.
LIVANOVA PLC
MAG & MORE GMBH
MAGSTIM INC.
MEDTRONIC PLC
NALU MEDICAL INC.
NEUROMED CONSULTING INC.
NEUROMETRIX INC.
NEURONETICS INC.
NEUROPACE INC.
NEUROSIGMA INC.
NEUROVALENS LTD.
NEVRO CORP.
NEXSTIM PLC
NYXOAH SA
RESPICARDIA INC.
SOTERIX MEDICAL INC.
STIMWAVE LLC
SYNAPSE BIOMEDICAL INC.
TONICA ELEKTRONIK A/S
XAVANT TECHNOLOGY (PTY) LTD.
Chapter 12 Appendix: Acronyms

List of Tables
Summary Table : Global Market for Neurostimulation Devices, by Type, Through 2026
Table 1 : Prevalence of Chronic Pain and High Impact Chronic Pain Among U.S. Adults, by Sociodemographic Characteristics, 2016
Table 2 : U.S. Distribution Share of Location of Chronic Pin in the Body
Table 3 : Prevalence of Adult Overweight and Obese Population in Select Countries, 2014-2019
Table 4 : Global Market for Neurostimulation Devices, by Type, Through 2026
Table 5 : Global Market for Spinal Cord Stimulation (SCS) Devices, by Region, Through 2026
Table 6 : Global Market for Transcutaneous Electrical Nerve Stimulation (TENS) Devices, by Region, Through 2026
Table 7 : Global Market for Deep Brain Stimulation (DBS) Devices, by Region, Through 2026
Table 8 : Global Market for Sacral Nerve Stimulation (SNS) Devices, by Region, Through 2026
Table 9 : Global Market for Vagus Nerve Stimulation (VNS) Devices, by Region, Through 2026
Table 10 : Global Market for Hypoglossal Nerve Stimulation (HGNS) Devices, by Region, Through 2026
Table 11 : Global Market for Transcranial Magnetic Stimulation (TMS) Devices, by Region, Through 2026
Table 12 : Global Market for Other Types of Neurostimulation Devices, by Region, Through 2026
Table 13 : Global Market for Neurostimulation Devices, by Region, Through 2026
Table 14 : Global Market for Neurostimulation Devices, by Therapeutic Application, Through 2026
Table 15 : Implantable Neurostimulation Devices Approved, January 2018-January 2021
Table 16 : Currently Available Spinal Cord Stimulation Systems
Table 17 : Currently Available Deep Brain Stimulation Systems
Table 18 : Currently Available Sacral Nerve Stimulation Systems
Table 19 : Currently Available Vagus Nerve Stimulation Systems
Table 20 : U.S. FDA-Approved Transcutaneous Electrical Nerve Stimulation Systems for Pain Relief Treatment, January 2015-March 31, 2021
Table 21 : U.S. FDA-Approved Transcutaneous Electrical Nerve Stimulation Systems for Treatment of Migraine Pain Relief, January 2015-March 31, 2021
Table 22 : Currently Available Phrenic Nerve Stimulation Systems for Respiratory Insufficiency
Table 23 : Currently Available Hypoglossal Nerve Stimulation Systems for Respiratory Insufficiency
Table 24 : Currently Available Peripheral Nerve Stimulation Systems
Table 25 : Currently Available Transcranial Magnetic Stimulating Systems
Table 26 : Currently Available Gastric Electrical Stimulation System
Table 27 : Neurostimulation Stimulation Product Pipeline Highlights
Table 28 : Active Clinical Trials on Spinal Cord Stimulation Technology
Table 29 : Active Clinical Trials on DBS Technology
Table 30 : Active Clinical Trials on VNS Technology
Table 31 : Active Clinical Trials on Sacral Nerve Stimulation Technology
Table 32 : Active Clinical Trials on Peripheral Nerve Stimulation Technology
Table 33 : Active Clinical Trials on Hypoglossal Nerve Stimulation Technology
Table 34 : Global Market Shares of Leading Companies in Spinal Cord Stimulation Devices, 2020
Table 35 : Global Market Shares of Leading Companies in Deep Brain Stimulation Devices, 2020
Table 36 : Global Market Shares of Leading Companies in Sacral Nerve Stimulation Devices, 2020
Table 37 : Global Market Shares of Leading Companies in Vagus Nerve Stimulation Devices, 2020
Table 38 : Global Market Shares of Leading Companies in Hypoglossal Nerve Stimulation Devices, 2020
Table 39 : Global Market Shares of Leading Companies in Transcranial Magnetic Stimulation Devices, 2020
Table 40 : Acronyms Used in This Report

List of Figures
Summary Figure : Global Market for Neurostimulation Devices, by Type, 2020-2026
Figure 1 : Global Market Shares of Neurostimulation Devices, by Type, 2020
Figure 2 : Global Market Shares of Spinal Cord Stimulation Devices, by Region, 2020
Figure 3 : Global Market Shares of Transcutaneous Electrical Nerve Stimulation Devices, by Region, 2020
Figure 4 : Global Market Shares of Deep Brain Stimulation Devices, by Region, 2020
Figure 5 : Global Market Shares of Sacral Nerve Stimulation Devices, by Region, 2020
Figure 6 : Global Market Shares of Vagus Nerve Stimulation Devices, by Region, 2020
Figure 7 : Global Market Shares of Hypoglossal Nerve Stimulation Devices, by Region, 2020
Figure 8 : Global Market Shares of Transcranial Magnetic Stimulation Devices, by Region, 2020
Figure 9 : Global Market Shares of Other Types of Neurostimulation Devices, by Region, 2020
Figure 10 : Global Market Shares of Other Neurostimulation Devices, by Region, 2020
Figure 11 : Global Market Shares of Neurostimulation Devices, by Therapeutic Application, 2020
Figure 12 : Global Market Shares of Leading Companies in Spinal Cord Stimulation Devices, 2020
Figure 13 : Global Market Shares of Leading Companies in Deep Brain Stimulation Devices, 2020
Figure 14 : Global Market Shares of Leading Companies in Sacral Nerve Stimulation Devices, 2020
Figure 15 : Global Market Shares of Leading Companies in Vagus Nerve Stimulation Devices, 2020
Figure 16 : Global Market Shares of Leading Companies in Hypoglossal Nerve Stimulation Devices, 2020
Figure 17 : Global Market Shares of Leading Companies in Transcranial Magnetic Stimulation Devices, 2020
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