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Date Submitted: 07/09/2015 05:53 AM
Asian Neuromodulation Devices Market
Released On 9th July 2015
The Internal Neuromodulation market is estimated to register a CAGR of 13.8% during the forecast period. Rise in the incidences and prevalence of neurological diseases, rapid growth in aging population, development of advanced neurostimulation technologies, and increasing awareness are some of the key factors that are fueling the growth of the neuromodulation technologies market. However, lack of skilled professionals and unfavorable reimbursement scenario are some of the key challenges faced by the market players.
The emerging markets including China and India have become the key growth segments for the companies engaged in the development and marketing of the Internal Neuromodulation implants. Rising incidences of neurological disorders and government initiatives to increasing awareness by education campaigns are the key factors propelling the demand of neurological devices and technologies in the emerging markets.
Medtronic, Inc. (U.S.) held the leading position in the Asia-Pacific Internal Neuromodulation Devices market. In recent years, the company has adopted expansion of its R&D capabilities, new product launches, and geographical expansion as its key business strategies to ensure its dominant position in this market. St. Jude Medical Inc. (U.S.) and Boston Scientific Inc. (U.S.) are some other key players competing in the Asia-Pacific Internal Neuromodulation market.
Scope of the Report
This research categorizes the Asia-Pacific Internal Neuromodulation market report into the following segments and subsegments:
Asia-Pacific Internal Neuromodulation Market Report, by Modality
Spinal Cord Stimulator
Deep Brain Stimulator
Sacral Nerve Stimulator
Vagus Nerve Stimulator
Gastric Neurostimulator
Asia-Pacific Internal Neuromodulation Market Report, by Application
Spinal Cord Stimulator
Chronic Pain
Failed back surgery syndrome
Ischemic...