Skip to main content

Nerve Regeneration Market Treatment Share Analysis by Top Manufacturers, Forecast to 2023

Nerve Regeneration refers to the process of repair and regrowth of injured nerve tissues, cells, and cell products. It is also referred as Neuroregeneration, Large number of cases of nervous system injuries combined with ongoing develpoments in neural tissue engineering is likely to warrant the need for neuroregeneration.
Nerve Regeneration Market size is expected to register a CAGR of 11.34% to reach the global worth of 12695.25 million $ by 2024.
The global nerve regeneration market report by Market Research Future (MRFR) covers trends, drivers, and challenges and illustrated in an enumerated method Segments strict regulation, as well as exorbitant charges of surgeries, can hamper the market growth.
Nerve Regeneration Market Segmentation Overview
The global nerve regeneration market has been segmented on the basis of product, application, and end user.
Based on product, the market has been segregated into neurostimulation & neuromodulation devices and biomaterials. On the basis of neurostimulation and neuromodulation devices, the market has been divided into internal neurostimulation devices and external neurostimulation devices. Internal neurostimulation devices has been further segmented into vagus nerve stimulation, spinal cord stimulation, sacral nerve stimulation, deep brain stimulation, and gastric electrical stimulation. External neurostimulation devices cover transcutaneous electrical nerve stimulation and transcranial magnetic stimulation. Nerve conduits, nerve wraps, nerve protectors, and nerve connectors are segments encompassed within the biomaterials segment. Among them, the neurostimulation and neuromodulation devices segment was valued at USD 4,764.96 million in 2018. Large number of movement disorders and need for such tools for their treatment can drive the segment growth.
Major market applications include neurostimulation and neuromodulation surgeries, nerve grafting, stem cell therapy, direct nerve repair/neurorrhaphy, and others. Neurostimulation and neuromodulation surgeries have been further segmented into internal neurostimulation and neuromodulation surgeries, external neurostimulation, and neuromodulation surgeries. Nerve grafting encompasses autografts, allografts, and xenografts.
Primary end users of the global nerve regeneration market include hospitals & clinics, ambulatory surgery centers, and others.
The global nerve regeneration market on the basis of regions into Europe, the Americas, Asia Pacific (APAC), and the Middle East & Africa (MEA).
MARKET DYNAMICS
1 Introduction
2 Drivers
2.1 Rising Neurological Disorders
2.2 Increasing Geriatric Population
2.3 Technological Advancements
3 Restraints
3.1 Stringent Regulatory Framework
3.2 High Cost
4 Opportunity
4.1 Entering Developing Economies
Competition Outlook
Latest Industry Collaborations, product launches, and technological breakthroughs are certain strategies that can influence players in the market.
Boston Scientific Corporation, Medtronic, Integra LifeSciences, Abbott, Axogen Corporation, LivaNova PLC, Nuvectra Corporation, Stryker Corporation, Polyganics, and NeuroPace are key players in the global nerve regeneration market.
  • For instance, NervGen Pharma recently decided to collaborate with Case Western Reserve University for rapidly bringing to market a new technology capable of treating patients with spinal cord injury. The use of proprietary agents termed as ISP can be used to impede the signals of protein tyrosine phosphatase (PTP), a key component that inhibits nerve regeneration.
Large number of nerve disorders, as well as developments in the treatments of such disorders, can drive the market growth exponentially till 2023. The large geriatric populace combined with the changing lifestyles of patients can trigger the afflictions and drive the demand for nerve regeneration procedures.
Investments in research and development are likely to boost the market demand significantly. For instance, Polyganics has established a new unit at the Zernike Campus, Netherlands for expanding their R&D unit. Surgeries to embed neurostimulation devices, as well as ongoing developments of a brain computer interface, can influence the market in the coming years. Advances in neuroimaging and neurostimulation which can provide relief to patients, can drive the market demand significantly.
Contact:
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune – 411028
Maharashtra, India
+1 646 845 9312
Email: sales@marketresearchfuture.com
Labels:

Comments

Post a Comment

Popular posts from this blog

hyperpigmentation disorders treatment Overview

hyperpigmentation disorders treatment Analysis Hyperpigmentation disorder are harmless skin condition caused by darkened skin patches. Rising demand for outpatient dermabrasion procedures, increasing adoption of lasers and growing cosmetics expenditure are expected to drive the growth of the market. Additionally, rising R&D spending followed aggressive strategies by the key market players is generating awareness for the disease boosting the market to grow. The global hyperpigmentation disorders treatment Market was anticipated to held a market value of USD 3,915 million in the year 2017 and is expected to grow at a CAGR of 7.1% during the forecast period. Browse Complete Premium Research Report Enabled with Respective Tables and Figures at  https://www.marketresearchfuture.com/reports/hyperpigmentation-disorders-treatment-market-7462 Segmentation of The global h yperpigmentation disorders treatment market Segments  has been segmented based on treatment type, dise...
Post a Comment
Read more

Laminated Glass Market Rising Trends, Global Opportunity, demand Analysis and Precise Industry Outlook

Laminated Glass Market Research Overview 2021-2026: Laminated Glass Growth Analysis by Key Players, Types, Applications, Countries, and Forecast. This Laminated Glass research report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key players and the market as a whole. The Research study also analyses key emerging trends and their impact on present and future development. The process has significantly miniaturized various tools that creates more opportunities for the Laminated Glass section to penetrate the growth is valued at xx million US$ in 2020 and is expected to reach xx million US$ by the end of 2026, at a growing CAGR of xx%. Inquire for Free Sample Pages before Purchase of this Research Report: https://www.industrydataanalytics.com/reports/global-laminated-glass-market/inquiry?Mode=rohit The Laminated Glass Market Dynamics Majorly Targeted the Restraints Factors, Growth Opportunities and Future Challenges d...
Post a Comment
Read more

Medical Vacuum Systems Market Key Growth Drivers, Global Industry Demand and Size with Statistics Data

  Medical Vacuum Systems Market Research Report: By Product (Standalone Vacuum Systems, Centralized Vacuum Systems, Portable, and Compact), Technology (Dry Claw Vacuum Pump Technology), Application (Therapeutic), End User, & Region — Global Forecast till 2023 Market Highlights The global medical vacuum systems market held a market value of USD 1,030.5 million in 2017 and is projected to grow at a CAGR of 7.1% over the forecast period. Vacuum system maintains the pressure inside a chamber under the value of the atmospheric pressure. A medical vacuum system provides a safe, adequate flow of vacuum, and the required pressure to be used in the healthcare facilities such as operating theaters (OTs), intensive care centers, and emergency and respirology/general medicine units. Avail a Free Sample@  https://www.marketresearchfuture.com/sample_request/7569 Regional Analysis The global medical vacuum systems market has been segmented by region into the Americas, Europe, Asia-Pacifi...
Post a Comment
Read more