Nerve-Repair and Regeneration Market Upcoming Future Growth and Opportunities with Dazzling Key players | P&S IntelligenceMay 5, 2021
As per the findings of the research, the market for neurostimulation and neuromodulation devices was larger than the market for biomaterials. Internal devices form the larger part of the neurostimulation and neuromodulation devices market. Within internal neurostimulation and neuromodulation devices, spinal cord stimulation devices generate the largest revenue in the market. In terms of application, neurostimulation and neuromodulation surgeries has been the largest application area of the nerve repair and regeneration market, followed by direct nerve repair/neurorrhaphy, nerve grafting and stem cell therapy.
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Geographically, North America has been the largest market for nerve repair and regeneration, with the U.S. being the largest contributor to the regional market. Increasing incidence of peripheral nerve injuries and presence of technological advanced products has been driving the growth of the North American market. In Europe, Germany has been the largest contributor to the nerve repair and regeneration market, followed by the U.K. and France. The market is expected to witness highest growth in Asia-Pacific, during 2017 – 2023, owing to increasing cases of neurological disorders and increasing geriatric population.
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Some of the other key players in the nerve repair and regeneration market are Axogen, Inc., Baxter International Inc., Cyberonics, Inc., Integra Lifesciences Holdings Corporation, Orthomed S.A.S., Stryker Corporation and Polyganics B.V.
GLOBAL NERVE REPAIR AND REGENERATION MARKET SEGMENTATION
- Neurostimulation and Neuromodulation Devices
o Internal Neurostimulation Devices
Spinal Cord Stimulation (SCS)
Deep Brain Stimulation (DBS)
Vagus Nerve Stimulation (VNS)
Sacral Nerve Stimulation (SNS)
Gastric Electrical Stimulation (GES)
o External Neurostimulation Devices
Transcutaneous Electrical Nerve Stimulation (TENS)
Transcranial Magnetic Stimulation (TMS)
o Nerve Conduits
o Nerve Protectors
o Nerve Wraps
o Nerve Connectors
- Neurostimulation and Neuromodulation Surgeries
o Internal Neurostimulation and Neuromodulation Surgeries
o External Neurostimulation and Neuromodulation Surgeries
- Direct Nerve Repair/Neurorrhaphy
o Epineural Repair
o Perineural Repair
o Group Fascicular Repair
- Nerve Grafting
o Stem Cell Therapy
- North America
o The U.S.
o The U.K.
o Rest of Europe
o Rest of Asia-Pacific
- Latin America
o Rest of Latin America
- Middle East and Africa
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