Neuroprosthetic Market Report: Trends, Forecast, and Competitive Analysis

Publisher: Lucintel
Publication Date: May, 2020
Healthcare / Medical Devices
Pages: 150+
Delivery Format: PDF

Trends, opportunities and forecast in neuroprosthetic market to 2024 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 Rest of the World).

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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 neurop

rosthetic 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, increasing incidence of hearing loss, 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. Sample figures with some insights are shown below. To learn the scope of, benefits, companies researched and other details of neuroprosthetic market report download the report brochure

Market Share Analysis of Major Manufacturers

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 this report:

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 competitive intensity of the industry based on Porter’s Five Forces model.

This report answers 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?

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Neuroprosthetic Market Report: Trends, Forecast, and Competitive Analysis

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 neurop

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