The Global — Neuroprosthetics Market is expected to exceed more than US$ 10.48 Billion by 2023 at a CAGR of 12.4% in the given forecast period.
The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include Boston Scientific (US), Abbott Laboratories (US), Secong Sight (US), Medtronic (US), LivaNova (UK), Med-El, Sonova, Neuropace, NDI Medical and Cochlear (Australia). Company profile includes assign such as company summary, financial summary, business strategy and planning, SWOT analysis and current developments.
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1) Obtain the most up to date information available on all Global Neuroprosthetics Market.
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4) Assess your competitor’s refining portfolio and its evolution.
Neuroprosthetic devices/implants are in fact propelled items that include distinctive advancements for its assembling/working, for example, nearby field potential, robotized versatile electrical tests, MRI, picture guided surgical strategy and so on. These innovative advancements have involved neuroprosthetics field with multitudinous substitution techniques, restoration systems and neuromodulation treatments to enhance the personal satisfaction for patients with neuromotor scatters. Progression in innovation has helped to build up the customize neurotechnologies and restoration for tolerant particular neural hindrances to achieve the convenient spread of neuroprosthetic treatment.
The scope of the report includes a detailed study of global and regional markets on Neuroprosthetics Market with the reasons given for variations in the growth of the industry in certain regions.
The major driving factors of Global Neuroprosthetics Market are as follows:
Growing number of patients suffering from neurological disorders and nerve injury
Diabetes prevalence is growing
Rising incidence of loss of hearing
Emerging economies are having higher growth opportunities
Growth in cases related to amputation due to the increasing number of injuries & accidents
The restraining factors of Global Neuroprosthetics Market are as follows:
Lack of trained professionals
Substitute and alternative treatment options are available
Improper reimbursement policy and high cost of neuroprosthetics
The Global Neuroprosthetics Market has been segmented as below:
The Global Neuroprosthetics Market is Segmented on the lines of Application Analysis, Type Analysis, Technique Analysis and Regional Analysis. By Application Analysis this market is segmented on the basis of Motor Neural Prosthetics its covers Parkinson’s Disease & Epilepsy. Physiological Disorders its covers Auditory processing Disorders, Ophthalmic Disorders, Cardiovascular Disorders & Urology Disorders. Cognitive Disorders its covers Alzheimer’s Disease & Paralysis. By Type Analysis this market is segmented on the basis of Output Neural Prosthetics its covers Motor Prosthetics & Cognitive Prosthetics. Input Neural Prosthetics its covers Cochlear Implants & Bionic Eye/Retinal Implants.
By Technique Analysis this market is segmented on the basis of Spinal Cord Stimulation, Deep Brain Stimulation, Vagus Nerve Stimulation, Sacral Nerve Stimulation and Transcranial magnetic Stimulation. By Regional Analysis this market is segmented on the basis of North America, Europe, Asia-Pacific and Rest of the World.
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Table of Contents
Summary with Insights
Neuroprosthetics Market By, Type Analysis:
5.1 Output Neural Prosthetics
5.1.1 Motor Prosthetics
5.1.2 Cognitive Prosthetics
5.2 Input Neural Prosthetics
5.2.1 Cochlear Implants
5.2.2 Bionic Eye/Retinal Implants
Neuroprosthetics Market, By Technique Analysis:
Neuroprosthetics Market By, Application Analysis:
Neuroprosthetics Market, By Regional Analysis:
10.2 NDI Medical
10.4 Boston Scientific
10.9 Retina Implant
10.12 Second Sight
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Release ID: 449903