Global Market Study on Peripheral Nerve Stimulators: Transcutaneous Peripheral Nerve Stimulators to Hold Highest Revenue Share Through 2026


Peripheral Nerve Stimulators  Market
  • Published On : Dec-2018 |
  • Pages : 162 Pages |
  • Format :

Increasing Demand for Peripheral Nerve Stimulators Owing to Growing Number of Patients Suffering from Neurologic Disorders

According to the National Institute of Neurological Disorders and Stroke there are 600 neurologic disorders that affect approximately 50 million Americans every year. Neuropathic pain is a common health problem in majority of the industrialized countries and affects approximately 40%-60% of geriatric population and adults across the globe. Peripheral nerve stimulator is used for the treatment of many diseases and indications such as complex regional pain syndrome, low back pain, neck pain, and painful nerve injuries, and their increasing prevalence is expected boost their demand and the growth of the peripheral nerve stimulators market.

Increase in Ageing Population and Rising Cases of Nerve Injuries

Peripheral nerve stimulator market is expected to witness lucrative growth due to increasing number of cases of nerve injuries, growing ageing population and growth in obese population. Peripheral nerve stimulator play an important role during anesthesia procedures and in severe neuropathic pain. As per the a St. Jude Medical study, 65% of  patients reported excellent or good headache pain relief after using a peripheral nerve stimulator. Peripheral nerve stimulator is used to treat any type of chronic pain and this is the most effective way for various types of severe neuropathic pain.

Growing Impact of Peripheral Nerve Stimulators on the Public

Peripheral nerve stimulator is an alternative pain control option for those who have problems in taking oral medication. Peripheral nerve stimulator reduces or eliminates the use of narcotic drugs and it is completely implanted, users can travel anywhere and participate in many nonimpact recreational activities, including swimming. The growth can be attributed to a rise in consumption of electrodes and generator types of peripheral nerve stimulators. Increasing import of peripheral nerve stimulator materials form five main countries including Germany, the U.S., Switzerland, Sweden and Canada further boosts the growth of the market.

peripheral nerve stimulators market

Technological Advancements

Advancement in pain management technology is expected to boost the growth of the peripheral nerve stimulator market over the forecast period. Manufacturers of peripheral nerve stimulators are consistently making changes in their product category and technologies in order to enhance the device capabilities. This is expected to enhance the sale of these products and increase the market share in the long-term. Peripheral nerve stimulator helps to relieve pain only where it is required to, whereas other medications affect the whole body and may lead to constipation, sleepiness and other problems unrelated to pain. Stimulation therapy does not have the type of side effects associated with many medications. Pain relief experienced with peripheral nerve stimulation and spinal cord stimulation may allow people to take less pain relief medications.

Competitive Landscape

The competition section of the report features profiles of key players operating in the peripheral nerve stimulators market based on their market shares, differential strategies, product offerings, marketing approach and company dashboard. Examples of some of the key players featured in this report include Stimwave LLC, NeuroSigma, Inc. , NeuroMetrix, Inc, Vygon SA, Medline Industries, Inc, SUNMED INC, IDS Medical Systems, Boston Scientific Corporation, Medtronic, Medline Industries, Inc, Enteromedics, SPR Therapeutics LLC, ElectroCore, Inc.,  St. Jude Medical, B. Braun Medical Inc., and Xavant Technology (Pvt) Ltd, among others.

Mergers and acquisitions, product innovation, and partnership are the some of the key strategies adopted by the manufactures of peripheral nerve stimulators to gain maximum share in the market. Manufactures are also planning to invest in new facilities to increase the productivity.

Definition

Peripheral nerve stimulator is used to estimate neuromuscular transmission when neuromuscular blocking agents are given to block the neuromusculoskeletal activity. This process is used to ensure the medication dosing to avoid the incidence of side effects. They are mostly used for intensive care unit monitoring.

About the Report

The company has conducted a research study on the peripheral nerve stimulators market for the forecast period 2018 to 2028. The report offers a comprehensive evaluation of the business opportunities prevailing in the peripheral nerve stimulators market along with other nerve stimulator equipment. The report elaborates the macroeconomic factors influencing the dynamics of the peripheral nerve stimulators market and its futuristic potential.

Segmentation

The market is scrutinized and segmented to answer specific questions of the industry stakeholders. A wide visional assessment from every critical perspective of the market. The report offers a comprehensive taxonomy of peripheral nerve stimulators market based on product type and end users. Based on product type, the peripheral nerve stimulators market is segmented into transcutaneous and implantable. Based on end users, the peripheral nerve stimulators market is segmented into hospitals and outpatient centers.  The peripheral nerve stimulators market has been analyzed across regions of North America, Latin America, Europe, Asia Pacific Excluding Japan, Japan and MEA.

Additional Questions Answered

Some of the additional questions addressed in this report on Peripheral Nerve Stimulators market-

  • What is the revenue potential of the peripheral nerve stimulators market across regions of North America and Europe?
  • Who are the key competitors and what are their portfolios in peripheral nerve stimulators market?
  • What are major challenges influencing the growth of peripheral nerve stimulators market?
  • How intervention from regulatory authority is shaping the peripheral nerve stimulators market growth?

Research Methodology

The peripheral nerve stimulators market has been estimated based on supply-demand approach. The market was first calculated based on nerve injuries and neurodegenerative disorders volume conducted in different region/countries. This information is further validated with rigorous primary research (including interviews, surveys, in-person interactions, and viewpoints of seasoned analysts) and secondary research (including verified paid sources, authentic trade journals, and resourceful databases). The research study on peripheral nerve stimulators market also includes top trends and macro as well as micro economic factors shaping the peripheral nerve stimulators market. Competition section is developed on the basis of recent developments, key financials, ratios, strategic initiatives and growth roadmap. Not only quantitative assessment but trends and financial analysis form a sound basis of checking with further growth of the market, with this approach, the report on peripheral nerve stimulators market the industry attractiveness of every major segment in peripheral nerve stimulators over the forecast period.

A recent market study published by the company – “Peripheral Nerve Stimulator Market: Global Industry Analysis 2013–2017 & Forecast 2018–2028” – consists a comprehensive assessment of the most important market dynamics. On conducting a thorough research on the historic as well as current growth parameters of the peripheral nerve stimulator market, growth prospects of the market are obtained with maximum precision. The report features unique and salient factors that may have a huge impact on the development of the peripheral nerve stimulator market during the forecast period. It can help market players to modify their manufacturing and marketing strategies to envisage maximum growth in the peripheral nerve stimulator market in the upcoming years. The report provides detailed information about the current and future growth prospects of the peripheral nerve stimulator market in the most comprehensive way for the better understanding of readers.

Chapter 1 – Executive Summary

The report commences with the executive summary of the peripheral nerve stimulator market which includes the summary of key findings and key statistics of the market. It also includes the market value (US$ million) estimates of the leading segments of the peripheral nerve stimulator market.

Chapter 2 – Market Overview

Readers can find detailed taxonomy and the definition of the peripheral nerve stimulator market in this chapter, which will help readers to understand the basic information about the peripheral nerve stimulator market dynamics, supply chain, cost structure, pricing analysis, list of key distributor and suppliers, list of key market participants are included in the report.

Chapter 3 – Global Peripheral Nerve Stimulator Market Analysis (2013–2017) & Forecast (2018–2028), By Product Type

Based on product, the peripheral nerve stimulator market is segmented into transcutaneous product and Implantable product. In this chapter, readers can find information about key trends and developments in the peripheral nerve stimulator market and market attractive analysis based on the product type, transcutaneous and implantable for each region.

Chapter 4 – Global Peripheral Nerve Stimulator Market Analysis (2013–2017) & Forecast (2018–2028), By End Users

Based on end users, the peripheral nerve stimulator market is segmented into hospitals and outpatient centers. In this chapter, readers can find information about key trends and developments in the peripheral nerve stimulator market and market attractive analysis based on end users for each region.

Chapter 5 – Global Peripheral Nerve Stimulator Market Analysis (2013–2017) & Forecast (2018–2028), By Region

This chapter explains how the peripheral nerve stimulator market will grow across various geographies, such as North America, Latin America, Europe, Asia-Pacific including Japan and Middle East & Africa (MEA).

Chapter 6 – North America Peripheral Nerve Stimulator Market Analysis 2013–2017 & Forecast 2018–2028

This chapter includes detailed analysis of the growth of the North America peripheral nerve stimulator market along with the country-wise assessment including the U.S. and Canada. Readers can also find regional trends, regulations, and market growth based on product type, End users and countries in North America.

Chapter 7 – Latin America Peripheral Nerve Stimulator Market Analysis 2013–2017 & Forecast 2018–2028

Readers can find detailed information about factors such as, pricing analysis, and regional trends that are impacting the growth of the Latin America peripheral nerve stimulator market. This chapter also includes the growth prospects of the peripheral nerve stimulator market in leading LATAM countries such as Argentina, Brazil and Rest of Latin America.

Chapter 8 – Europe Peripheral Nerve Stimulator Market Analysis 2013–2017 & Forecast 2018–2028

Important growth prospects of the peripheral nerve stimulator market based on its product type and End users in several European countries, such as Germany, U.K., France, Italy, Spain, Russia and Rest of Europe are included in this chapter.

Chapter 9 – Asia Pacific Peripheral Nerve Stimulator Market Analysis 2013–2017 & Forecast 2018–2028

Australia, China, India, Japan, ASEAN, and Rest of APAC are the leading countries in the Asia pacific region that are the prime subject of assessment to obtain growth prospects of the Asia pacific peripheral nerve stimulator market in this chapter. Readers can find thorough information about the growth parameters of the Asia pacific peripheral nerve stimulator market during the period 2018–2028.

Chapter 10 – MEA Peripheral Nerve Stimulator Market Analysis 2013–2017 & Forecast 2018–2028

This chapter provides information on how the peripheral nerve stimulator market will grow in the major countries in MEA region, such as Saudi Arabia, South Africa and Rest of MEA during the period 2018–2028.

Chapter 11 – Competition Landscape, Company Share and Company Profiles

In this chapter, readers can find a comprehensive list of all the leading stakeholders in the peripheral nerve stimulator market along with detailed information about each company, including company overview, revenue shares, strategic overview, and recent company developments. The players featured in the report include Stimwave LLC, NeuroSigma, Inc. , NeuroMetrix, Inc, Vygon SA, Medline Industries, Inc, SUNMED INC, IDS Medical Systems, Boston Scientific Corporation, Medtronic, Medline Industries, Inc, Enteromedics, SPR Therapeutics LLC, ElectroCore, Inc.,  St. Jude Medical, B. Braun Medical Inc., and Xavant Technology (Pvt) Ltd, among others.

Chapter 12 – Assumptions and Acronyms

This chapter includes a list of acronyms and assumptions that provide a base to the information and statistics included in the report.

Chapter 13 – Research Methodology

This chapter helps readers to understand the research methodology followed to obtain various conclusions, important qualitative information, and quantitative information about the peripheral nerve stimulator.

Company Profiles

  • Stimwave LLC.
  • SUNMED INC.
  • Vygon SA
  • Boston Scientific Corporation
  • Medline Industries, In
  • Enteromedics
  • NeuroMetrix, Inc.
  • SPR Therapeutics LLC
  • ElectroCore, Inc.
  • NeuroSigma, Inc
  • Others.
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