Executive Summery

This report presents a detailed overview of the Neuromodulation Market, highlighting key insights into its market size, share, and growth during the forecast period, i.e., 2024-30. It explores emerging trends, competitive dynamics, and the core drivers reshaping the industry. Backed by solid data and expert analysis, the study offers segment-wise insights and reliable forecasts to guide strategic decisions. With comprehensive market analysis and forward-looking perspectives, this report serves as a practical tool for stakeholders navigating change. Whether you're an investor, policymaker, or business leader, this research helps you stay ahead in the fast-evolving Neuromodulation industry landscape.

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Neuromodulation Market Statistics and Key Highlights

The Global Neuromodulation Market size is estimated to grow at a CAGR of around 10.3% during the forecast period, i.e., 2024-30.

  • Neuromodulation market shows steady growth
  • Market size expanding due to rising industry demand
  • Competitive landscape driven by tech and innovation
  • Detailed segment-wise and geography wise share analysis
  • Forecast reveals strong trends shaping future outlook

Key Player- Emerging Neuromodulation Companies

  • Medtronic Plc
  • Abbott Laboratories
  • Boston Scientific Corporation
  • NeuroSigma, Inc.
  • Neuropace Inc.
  • Softerix Medical Inc.
  • Aleva Neurotherapeutics
  • Synapse Biomedical Inc.
  • Theranica Bio-Electronics Ltd.
  • Neuronetics
  • Axonics, Inc.
  • Gimer Medical
  • Nalu Medical, Inc.
  • Helius Medical Technologies, Inc.
  • MicroTransponder Inc.

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Key Driver:

Increasing Instances of Depression to Drive Market Growth- Globally, there has been a substantial increment in the instances of depression. Initially, with the start of the pandemic situation, and lockdown conditions, the social gatherings of individuals were largely reduced. Hence, they have experienced an increment in social anxiety and depression cases. Also, the global healthcare infrastructure is not advanced enough to cater to the rising demand for mental illnesses. Hence, this has further amplified the instances of these disorders. Consequently, the demand for neuromodulation techniques has increased, as the burden of depression escalated largely in recent years.

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Neuromodulation Market Segmentation

By Type

  • Internal Neuromodulation- Market Size & Forecast 2019-2030F, USD Million
    • Spinal Cord Stimulation- Market Size & Forecast 2019-2030F, USD Million
    • Deep Brain Stimulation- Market Size & Forecast 2019-2030F, USD Million
    • Vagus Nerve Stimulation- Market Size & Forecast 2019-2030F, USD Million
    • Sacral Nerve Stimulation- Market Size & Forecast 2019-2030F, USD Million
    • Gastric Electrical Stimulation- Market Size & Forecast 2019-2030F, USD Million
  • External Neuromodulation- Market Size & Forecast 2019-2030F, USD Million
    • Transcutaneous Electrical Nerve Stimulation (TENS)- Market Size & Forecast 2019-2030F, USD Million
    • Transcranial Magnetic Stimulation (TMS)- Market Size & Forecast 2019-2030F, USD Million
    • Respiratory Electrical Stimulation- Market Size & Forecast 2019-2030F, USD Million

By Application

  • Neuromodulation for Spinal Cord Stimulation- Market Size & Forecast 2019-2030F, USD Million
    • Chronic Pain- Market Size & Forecast 2019-2030F, USD Million
    • Failed Back Surgery Syndrome (FBSS)- Market Size & Forecast 2019-2030F, USD Million
    • Ischemia- Market Size & Forecast 2019-2030F, USD Million
  • Neuromodulation for Deep Brain Stimulation- Market Size & Forecast 2019-2030F, USD Million
    • Parkinson’s Disease- Market Size & Forecast 2019-2030F, USD Million
    • Tremors- Market Size & Forecast 2019-2030F, USD Million
    • Depression- Market Size & Forecast 2019-2030F, USD Million
    • Others- Market Size & Forecast 2019-2030F, USD Million
  • Neuromodulation for Sacral Nerve Stimulation- Market Size & Forecast 2019-2030F, USD Million
    • Urine Incontinence- Market Size & Forecast 2019-2030F, USD Million
    • Fecal Incontinence- Market Size & Forecast 2019-2030F, USD Million
  • Neuromodulation for Vagus Nerve Stimulation- Market Size & Forecast 2019-2030F, USD Million
    • Epilepsy- Market Size & Forecast 2019-2030F, USD Million
    • Others- Market Size & Forecast 2019-2030F, USD Million
  • Neuromodulation for Gastric Electrical Stimulation- Market Size & Forecast 2019-2030F, USD Million
    • Gastroparesis- Market Size & Forecast 2019-2030F, USD Million
    • Obesity- Market Size & Forecast 2019-2030F, USD Million
  • Neuromodulation for Transcutaneous Electrical Nerve Stimulation- Market Size & Forecast 2019-2030F, USD Million
    • Treatment-Resistant Depression- Market Size & Forecast 2019-2030F, USD Million
    • Others- Market Size & Forecast 2019-2030F, USD Million
  • Neuromodulation for Transcranial Magnetic Stimulation- Market Size & Forecast 2019-2030F, USD Million
    • Depression- Market Size & Forecast 2019-2030F, USD Million
    • Migraine- Market Size & Forecast 2019-2030F, USD Million
  • Neuromodulation for Respiratory Electrical Stimulation- Market Size & Forecast 2019-2030F, USD Million
    • Spinal Cord Injury- Market Size & Forecast 2019-2030F, USD Million

By Region

  • North America
  • South America
  • Europe
  • The Middle East & Africa
  • Asia Pacific

Reasons to Buy This Report

  1. Gain comprehensive insights into current market trends and dynamics.
  2. Equip your business with data-driven strategies for informed decisions.
  3. Identify lucrative market opportunities and strategic growth areas.
  4. Analyze competitors to enhance your positioning in the market landscape.
  5. Understand geographical trends across diverse markets for better expansion strategies.

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