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Detailed examination of Europe's internal neuromodulation devices market is expected to reach USD 2503.4 million in 2024

Medical Market Research

Europe Internal Neuromodulation Devices Market, By Product (Spinal Cord Stimulator (By Lead Type (Percutaneous, Paddle Lead)),, Deep Brain Stimulator, Vagus Nerve Stimulator, Sacral Nerve Stimulator, Gastric Nerve Stimulator), By Indication, By Battery Type, By End-User, By Country – Trends and Forecast to 2024

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Europe Internal Neuromodulation Market is expected to reach USD 2,503.4 million by 2024, from 948.4 million in 2016 growing at the CAGR of 12.9% in the forecast period 2017 to 2024.

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The market is segmented on the basis of product type, battery type, lead type, by indication, by end user and by geography.

Based on product type the market is segmented into Spinal Cord Stimulator, Deep Brain Stimulator, Vagus Nerve Stimulator, Sacral Nerve Stimulator and Gastric Nerve Stimulator.

On the basis of battery type, the market is segmented into rechargeable battery type and primary battery type.

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Based on lead type, the market is segmented into percutaneous and paddle lead.

On the basis of indication the internal neuromodulation devices market into failed back surgery syndrome, conditional regional pain syndrome, eschemia, Parkinson’s disease, Alzheimers, urinary incontinence, faecal incontinenece, epilepsy, gastroparesis and others.

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Based on geography the Europe market is segmented into 11 countries, Germany, France, U.K., Spain, Italy, Russia, Netherlands, Turkey, Belgium, Switzerland and rest of Europe. Germany is expected to dominate the market with 31.7% market share in 2016, and will continue to be the leader in the forecast period 2017 to 2024.

Other notable countries in this market include Turkey, Belgium, Netherlands, U.K., France and Ireland.

The Europe Internal Neuromodulation Devices Market Report contains an in-depth profiling of the key market players, along with the recent developments (New product launches, partnerships, agreements, collaborations, and joint ventures) and strategies adopted by them to sustain and strengthen their positions in the market.

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Some of the major players operating in this market are

  • Medtronic
  • Boston Scientific Corporation
  • St. Jude Medical, Inc.
  • Nevro Corporation
  • Cyberonics, Inc.

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