Neurostimulation Devices Market Size, Share, Growth Analysis Report 2032
Neurostimulation Devices Market By Product (Deep Brain Stimulation Devices, Spinal Cord Stimulation Devices, Gastric Electric Stimulation Devices, Vagus Nerve Stimulation Devices, Sacral Nerve Stimulation Devices, and Others), by Application (Parkinson’s Disease, Epilepsy, Pain Management, Essential Tremor, Urinary and Fecal Incontinence, Alzheimer’s, Ischemia, and Others), by End-User (Hospitals, Scientific Research Laboratories, and Others), and By Region: Global Industry Perspective, Comprehensive Analysis, and Forecast, 2024-2032-
| Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
|---|---|---|---|
| USD 6.48 Billion | USD 18.71 Billion | 12.5% | 2023 |
Table Of Content
- Chapter 1. Introduction
- 1.1. Report description and scope
- 1.2. Research scope
- 1.3. Research methodology
- 1.3.1. Market research process
- 1.3.2. Market research methodology
- Chapter 2. Executive Summary
- 2.1. Global neurostimulation devices market, 2016—2025 (USD Million)
- 2.2. Global neurostimulation devices market: Snapshot
- Chapter 3. Neurostimulation Devices Market - Industry Dynamics
- 3.1. Introduction
- 3.2. Market Drivers
- 3.2.1. Global neurostimulation devices market drivers: impact analysis
- 3.2.2. Growing demand for neurostimulation devices as an add-on therapy
- 3.2.3. Increasing global prevalence of chronic diseases and high unmet medical needs in these disease segments
- 3.2.4. The rising prevalence of lifestyle-induced disorders
- 3.2.5. External funding for executing R&D activities
- 3.2.6. Escalating demand for minimally invasive surgeries
- 3.3. Market Restraints
- 3.3.1. Global neurostimulation devices market restraints: impact analysis
- 3.3.2. Risks associated with neurostimulation devices
- 3.3.3. The presence of stringent device approval regulations
- 3.3.4. Availability of external substitutes
- 3.4. Opportunities
- 3.4.1. Growth opportunities arising from emerging markets
- 3.5. Porter's Five Forces Analysis
- 3.6. Market Attractiveness Analysis
- 3.6.1. Market attractiveness analysis, by product
- 3.6.2. Market attractiveness analysis, by application
- 3.6.3. Market attractiveness analysis, by end-user
- 3.6.4. Market attractiveness analysis, by region
- Chapter 4. Global Neurostimulation Devices Market - Competitive Landscape
- 4.1. Company market share analysis
- 4.1.1. Global neurostimulation devices market: company market share, 2018
- 4.2. Strategic development
- 4.2.1. Acquisitions & mergers
- 4.2.2. New therapy launch
- 4.2.3. Agreements, partnerships, collaborations and joint ventures
- 4.2.4. Research and development and regional expansion
- 4.3. Price trend analysis
- 4.1. Company market share analysis
- Chapter 5. Global Neurostimulation Devices Market - Product Analysis
- 5.1. Global neurostimulation devices market: product overview
- 5.1.1. Global neurostimulation devices market revenue share, by product, 2018 and 2025
- 5.2. Deep Brain Stimulation Devices
- 5.2.1. Global neurostimulation devices market for deep brain stimulation devices, 2016-2025 (USD Million)
- 5.3. Spinal Cord Stimulation Devices
- 5.3.1. Global neurostimulation devices market for spinal cord stimulation devices, 2016-2025 (USD Million)
- 5.4. Gastric Electric Stimulation Devices
- 5.4.1. Global neurostimulation devices market for gastric electric stimulation devices, 2016-2025 (USD Million)
- 5.5. Vagus Nerve Stimulation Devices
- 5.5.1. Global neurostimulation devices market for vagus nerve stimulation devices, 2016-2025 (USD Million)
- 5.6. Sacral Nerve Stimulation Devices
- 5.6.1. Global neurostimulation devices market for sacral nerve stimulation devices, 2016-2025 (USD Million)
- 5.7. Others
- 5.7.1. Global neurostimulation devices market for others, 2016-2025 (USD Million)
- 5.1. Global neurostimulation devices market: product overview
- Chapter 6. Global Neurostimulation Devices Market - Application Analysis
- 6.1. Global neurostimulation devices market: application overview
- 6.1.1. Global neurostimulation devices market revenue share, by application, 2018 and 2025
- 6.2. Parkinson's Disease
- 6.2.1. Global neurostimulation devices market for Parkinson's disease, 2016-2025 (USD Million)
- 6.3. Epilepsy
- 6.3.1. Global neurostimulation devices market for epilepsy, 2016-2025 (USD Million)
- 6.4. Pain Management
- 6.4.1. Global neurostimulation devices market for pain management, 2016-2025 (USD Million)
- 6.5. Essential Tremor
- 6.5.1. Global neurostimulation devices market for essential tremor, 2016-2025 (USD Million)
- 6.6. Urinary and Fecal Incontinence
- 6.6.1. Global neurostimulation devices market for urinary and fecal incontinence, 2016-2025 (USD Million)
- 6.7. Alzheimer's
- 6.7.1. Global neurostimulation devices market for Alzheimer's, 2016-2025 (USD Million)
- 6.8. Ischemia
- 6.8.1. Global neurostimulation devices market for ischemia, 2016-2025 (USD Million)
- 6.9. Others
- 6.9.1. Global neurostimulation devices market for others, 2016-2025 (USD Million)
- 6.1. Global neurostimulation devices market: application overview
- Chapter 7. Global Neurostimulation Devices Market - End-User Analysis
- 7.1. Global neurostimulation devices market: End-User overview
- 7.1.1. Global neurostimulation devices market revenue share, by End-User, 2018 and 2025
- 7.2. Hospitals
- 7.2.1. Global neurostimulation devices market for hospitals, 2016-2025 (USD Million)
- 7.3. Scientific Research Laboratories
- 7.3.1. Global neurostimulation devices market for scientific research laboratories, 2016-2025 (USD Million)
- 7.4. Others
- 7.4.1. Global neurostimulation devices market for others, 2016-2025 (USD Million)
- 7.1. Global neurostimulation devices market: End-User overview
- Chapter 8. Global Neurostimulation Devices Market- Regional Analysis
- 8.1. Global neurostimulation devices market: regional overview
- 8.1.1. Global neurostimulation devices market revenue share, by region, 2018 and 2025
- 8.2. North America
- 8.2.1. North America neurostimulation devices market revenue, by product, 2016-2025 (USD Million)
- 8.2.2. North America neurostimulation devices market revenue, by application, 2016-2025 (USD Million)
- 8.2.3. North America neurostimulation devices market revenue, by End-User, 2016-2025 (USD Million)
- 8.2.4. The U.S.
- 8.2.4.1. The U.S. neurostimulation devices market revenue, by product, 2016-2025 (USD Million)
- 8.2.4.2. The U.S. neurostimulation devices market revenue, by application, 2016-2025 (USD Million)
- 8.2.4.3. The U.S. neurostimulation devices market revenue, by End-User, 2016-2025 (USD Million)
- 8.2.5. Canada
- 8.2.5.1. Canada neurostimulation devices market revenue, by product, 2016-2025 (USD Million)
- 8.2.5.2. Canada neurostimulation devices market revenue, by application, 2016-2025 (USD Million)
- 8.2.5.3. Canada neurostimulation devices market revenue, by End-User, 2016-2025 (USD Million)
- 8.3. Europe
- 8.3.1. Europe neurostimulation devices market revenue, by product, 2016-2025 (USD Million)
- 8.3.2. Europe neurostimulation devices market revenue, by application, 2016-2025 (USD Million)
- 8.3.3. Europe neurostimulation devices market revenue, by End-User, 2016-2025 (USD Million)
- 8.3.4. U.K.
- 8.3.4.1. U.K. neurostimulation devices market revenue, by product, 2016-2025 (USD Million)
- 8.3.4.2. U.K. neurostimulation devices market revenue, by application, 2016-2025 (USD Million)
- 8.3.4.3. U.K. neurostimulation devices market revenue, by End-User, 2016-2025 (USD Million)
- 8.3.5. Germany
- 8.3.5.1. Germany neurostimulation devices market revenue, by product, 2016-2025 (USD Million)
- 8.3.5.2. Germany neurostimulation devices market revenue, by application, 2016-2025 (USD Million)
- 8.3.5.3. Germany neurostimulation devices market revenue, by End-User, 2016-2025 (USD Million)
- 8.3.6. France
- 8.3.6.1. France neurostimulation devices market revenue, by product, 2016-2025 (USD Million)
- 8.3.6.2. France neurostimulation devices market revenue, by application, 2016-2025 (USD Million)
- 8.3.6.3. France neurostimulation devices market revenue, by End-User, 2016-2025 (USD Million)
- 8.3.7. Rest of Europe
- 8.3.7.1. Rest of Europe neurostimulation devices market revenue, by product, 2016-2025 (USD Million)
- 8.3.7.2. Rest of Europe neurostimulation devices market revenue, by application, 2016-2025 (USD Million)
- 8.3.7.3. Rest of Europe neurostimulation devices market revenue, by End-User, 2016-2025 (USD Million)
- 8.4. Asia Pacific
- 8.4.1. Asia Pacific neurostimulation devices market revenue, by product, 2016-2025 (USD Million)
- 8.4.2. Asia Pacific neurostimulation devices market revenue, by application, 2016-2025 (USD Million)
- 8.4.3. Asia Pacific neurostimulation devices market revenue, by End-User, 2016-2025 (USD Million)
- 8.4.4. China
- 8.4.4.1. China neurostimulation devices market revenue, by product, 2016-2025 (USD Million)
- 8.4.4.2. China neurostimulation devices market revenue, by application, 2016-2025 (USD Million)
- 8.4.4.3. China neurostimulation devices market revenue, by End-User, 2016-2025 (USD Million)
- 8.4.5. Japan
- 8.4.5.1. Japan neurostimulation devices market revenue, by product, 2016-2025 (USD Million)
- 8.4.5.2. Japan neurostimulation devices market revenue, by application, 2016-2025 (USD Million)
- 8.4.5.3. Japan neurostimulation devices market revenue, by End-User, 2016-2025 (USD Million)
- 8.4.6. India
- 8.4.6.1. India neurostimulation devices market revenue, by product, 2016-2025 (USD Million)
- 8.4.6.2. India neurostimulation devices market revenue, by application, 2016-2025 (USD Million)
- 8.4.6.3. India neurostimulation devices market revenue, by End-User, 2016-2025 (USD Million)
- 8.4.7. Rest of Asia Pacific
- 8.4.7.1. Rest of Asia Pacific neurostimulation devices market revenue, by product, 2016-2025 (USD Million)
- 8.4.7.2. Rest of Asia Pacific neurostimulation devices market revenue, by application, 2016-2025 (USD Million)
- 8.4.7.3. Rest of Asia Pacific neurostimulation devices market revenue, by End-User, 2016-2025 (USD Million)
- 8.5. Latin America
- 8.5.1. Latin America neurostimulation devices market revenue, by product, 2016-2025 (USD Million)
- 8.5.2. Latin America neurostimulation devices market revenue, by application, 2016-2025 (USD Million)
- 8.5.3. Latin America neurostimulation devices market revenue, by End-User, 2016-2025 (USD Million)
- 8.5.4. Brazil
- 8.5.4.1. Brazil neurostimulation devices market revenue, by product, 2016-2025 (USD Million)
- 8.5.4.2. Brazil neurostimulation devices market revenue, by application, 2016-2025 (USD Million)
- 8.5.4.3. Brazil neurostimulation devices market revenue, by End-User, 2016-2025 (USD Million)
- 8.5.5. Rest of Latin America
- 8.5.5.1. Rest of Latin America neurostimulation devices market revenue, by product, 2016-2025 (USD Million)
- 8.5.5.2. Rest of Latin America neurostimulation devices market revenue, by application, 2016-2025 (USD Million)
- 8.5.5.3. Rest of Latin America neurostimulation devices market revenue, by End-User, 2016-2025 (USD Million)
- 8.6. The Middle East and Africa
- 8.6.1. The Middle East and Africa neurostimulation devices market revenue, by product, 2016-2025 (USD Million)
- 8.6.2. The Middle East and Africa neurostimulation devices market revenue, by application, 2016-2025 (USD Million)
- 8.6.3. The Middle East and Africa neurostimulation devices market revenue, by End-User, 2016-2025 (USD Million)
- 8.1. Global neurostimulation devices market: regional overview
- Chapter 9. Company Profiles
- 9.1. Boston Scientific Corporation
- 9.1.1. Overview
- 9.1.2. Financials
- 9.1.3. Product portfolio
- 9.1.4. Business strategy
- 9.1.5. Recent developments
- 9.2. Medtronic, Inc.
- 9.2.1. Overview
- 9.2.2. Financials
- 9.2.3. Product portfolio
- 9.2.4. Business strategy
- 9.2.5. Recent developments
- 9.3. Cyberonics, Inc.
- 9.3.1. Overview
- 9.3.2. Financials
- 9.3.3. Product portfolio
- 9.3.4. Business strategy
- 9.3.5. Recent developments
- 9.4. NeuroPace, Inc.
- 9.4.1. Overview
- 9.4.2. Financials
- 9.4.3. Product portfolio
- 9.4.4. Business strategy
- 9.4.5. Recent developments
- 9.5. St. Jude Medical, Inc.
- 9.5.1. Overview
- 9.5.2. Financials
- 9.5.3. Product portfolio
- 9.5.4. Business strategy
- 9.5.5. Recent developments
- 9.6. NeuroSigma, Inc.
- 9.6.1. Overview
- 9.6.2. Financials
- 9.6.3. Product portfolio
- 9.6.4. Business strategy
- 9.6.5. Recent developments
- 9.1. Boston Scientific Corporation
Table Of Figures
List of Figures
1. Market research process
2. Market methodology
3. Global neurostimulation devices market revenue, 2016–2025 (USD Million)
4. Porter’s Five Forces Analysis
5. Neurostimulation Devices market attractiveness analysis, by product
6. Neurostimulation Devices market attractiveness analysis, by application
7. Neurostimulation Devices market attractiveness analysis, by End-User
8. Neurostimulation Devices market attractiveness analysis, by region
9. Company market share analysis, 2018
10. Global neurostimulation devices market revenue share by product, 2018 and 2025
11. Global neurostimulation devices market for deep brain stimulation devices, 2016–2025 (USD Million)
12. Global neurostimulation devices market for spinal cord stimulation devices, 2016–2025 (USD Million)
13. Global neurostimulation devices market for gastric electric stimulation devices, 2016–2025 (USD Million)
14. Global neurostimulation devices market for vagus nerve stimulation devices, 2016–2025 (USD Million)
15. Global neurostimulation devices market for sacral nerve stimulation devices, 2016–2025 (USD Million)
16. Global neurostimulation devices market for others, 2016–2025 (USD Million)
17. Global neurostimulation devices market revenue share by application, 2018 and 2025
18. Global neurostimulation devices market for Parkinson’s disease, 2016–2025 (USD Million)
19. Global neurostimulation devices market for epilepsy, 2016–2025 (USD Million)
20. Global neurostimulation devices market for pain management, 2016–2025 (USD Million)
21. Global neurostimulation devices market for essential tremor, 2016–2025 (USD Million)
22. Global neurostimulation devices market for urinary and fecal incontinence, 2016–2025 (USD Million)
23. Global neurostimulation devices market for Alzheimer’s, 2016–2025 (USD Million)
24. Global neurostimulation devices market for ischemia, 2016–2025 (USD Million)
25. Global neurostimulation devices market for others, 2016–2025 (USD Million)
26. Global neurostimulation devices market revenue share by End-User, 2018 and 2025
27. Global neurostimulation devices market for hospitals, 2016–2025 (USD Million)
28. Global neurostimulation devices market for scientific research laboratories, 2016–2025 (USD Million)
29. Global neurostimulation devices market for others, 2016–2025 (USD Million)
30. Global neurostimulation devices market revenue share by region, 2018 and 2025
31. North America neurostimulation devices market, 2016–2025 (USD Million)
32. Europe neurostimulation devices market, 2016–2025 (USD Million)
33. Asia Pacific neurostimulation devices market, 2016–2025 (USD Million)
34. Latin America neurostimulation devices market, 2016–2025 (USD Million)
35. The Middle East and Africa neurostimulation devices market, 2016–2025 (USD Million)
Table Of Tables
List of Tables
1. Neurostimulation Devices market: market snapshot 2. Drivers of global neurostimulation devices market: impact analysis
3. Restraints of global neurostimulation devices market: impact analysis
4. North America neurostimulation devices market revenue, by product, 2016–2025 (USD Million)
5. North America neurostimulation devices market revenue, by application, 2016–2025 (USD Million)
6. North America neurostimulation devices market revenue, by End-User, 2016–2025 (USD Million)
7. The U.S. neurostimulation devices market revenue, by product, 2016–2025 (USD Million)
8. The U.S. neurostimulation devices market revenue, by application, 2016–2025 (USD Million)
9. The U.S. neurostimulation devices market revenue, by End-User, 2016–2025 (USD Million)
10. Canada neurostimulation devices market revenue, by product, 2016–2025 (USD Million)
11. Canada neurostimulation devices market revenue, by application, 2016–2025 (USD Million)
12. Canada neurostimulation devices market revenue, by End-User, 2016–2025 (USD Million)
13. Europe neurostimulation devices market revenue, by product, 2016–2025 (USD Million)
14. Europe neurostimulation devices market revenue, by application, 2016–2025 (USD Million)
15. Europe neurostimulation devices market revenue, by End-User, 2016–2025 (USD Million)
16. U.K. neurostimulation devices market revenue, by product, 2016–2025 (USD Million)
17. U.K. neurostimulation devices market revenue, by application, 2016–2025 (USD Million)
18. U.K. neurostimulation devices market revenue, by End-User, 2016–2025 (USD Million)
19. Germany neurostimulation devices market revenue, by product, 2016–2025 (USD Million)
20. Germany neurostimulation devices market revenue, by application, 2016–2025 (USD Million)
21. Germany neurostimulation devices market revenue, by End-User, 2016–2025 (USD Million)
22. France neurostimulation devices market revenue, by product, 2016–2025 (USD Million)
23. France neurostimulation devices market revenue, by application, 2016–2025 (USD Million)
24. France neurostimulation devices market revenue, by End-User, 2016–2025 (USD Million)
25. Rest of Europe neurostimulation devices market revenue, by product, 2016–2025 (USD Million)
26. Rest of Europe neurostimulation devices market revenue, by application, 2016–2025 (USD Million)
27. Rest of Europe neurostimulation devices market revenue, by End-User, 2016–2025 (USD Million)
28. Asia Pacific neurostimulation devices market revenue, by product, 2016–2025 (USD Million)
29. Asia Pacific neurostimulation devices market revenue, by application, 2016–2025 (USD Million)
30. Asia Pacific neurostimulation devices market revenue, by End-User, 2016–2025 (USD Million)
31. China neurostimulation devices market revenue, by product, 2016–2025 (USD Million)
32. China neurostimulation devices market revenue, by application, 2016–2025 (USD Million)
33. China neurostimulation devices market revenue, by End-User, 2016–2025 (USD Million)
34. Japan neurostimulation devices market revenue, by product, 2016–2025 (USD Million)
35. Japan neurostimulation devices market revenue, by application, 2016–2025 (USD Million)
36. Japan neurostimulation devices market revenue, by End-User, 2016–2025 (USD Million)
37. India neurostimulation devices market revenue, by product, 2016–2025 (USD Million)
38. India neurostimulation devices market revenue, by application, 2016–2025 (USD Million)
39. India neurostimulation devices market revenue, by End-User, 2016–2025 (USD Million)
40. Rest of Asia Pacific neurostimulation devices market revenue, by product, 2016–2025 (USD Million)
41. Rest of Asia Pacific neurostimulation devices market revenue, by application, 2016–2025 (USD Million)
42. Rest of Asia Pacific neurostimulation devices market revenue, by End-User, 2016–2025 (USD Million)
43. Latin America neurostimulation devices market revenue, by product, 2016–2025 (USD Million)
44. Latin America neurostimulation devices market revenue, by application, 2016–2025 (USD Million)
45. Latin America neurostimulation devices market revenue, by End-User, 2016–2025 (USD Million)
46. Brazil neurostimulation devices market revenue, by product, 2016–2025 (USD Million)
47. Brazil neurostimulation devices market revenue, by application, 2016–2025 (USD Million)
48. Brazil neurostimulation devices market revenue, by End-User, 2016–2025 (USD Million)
49. Rest of Latin America neurostimulation devices market revenue, by product, 2016–2025 (USD Million)
50. Rest of Latin America neurostimulation devices market revenue, by application, 2016–2025 (USD Million)
51. Rest of Latin America neurostimulation devices market revenue, by End-User, 2016–2025 (USD Million)
52. The Middle East and Africa neurostimulation devices market revenue, by product, 2016–2025 (USD Million)
53. The Middle East and Africa neurostimulation devices market revenue, by application, 2016–2025 (USD Million)
54. The Middle East and Africa neurostimulation devices market revenue, by End-User, 2016–2025 (USD Million)
Methodology
FrequentlyAsked Questions
Neurostimulation devices are medical devices that employ electrical impulses to stimulate specific neurons or regions of the nervous system in order to treat a variety of conditions. These devices are intended to modify nerve activity and assist in the management of chronic pain, neurological disorders, or other conditions that affect the brain, spinal cord, or peripheral nerves.
The neurostimulation devices market is significantly influenced by the escalating prevalence of neurological conditions, including Parkinson's disease, epilepsy, chronic pain, and migraines, which frequently necessitate neurostimulation therapies.
The global Neurostimulation Devices market size accrued earnings worth approximately USD 6.48 Billion in 2023 and is predicted to gain revenue of about USD 18.71 Billion by 2032.
The global Neurostimulation Devices market is set to record a CAGR of nearly 12.5% over the period from 2024 to 2032.
By region, North America is anticipated to dominate the global neurostimulation devices market and hold a major market share in the future. The European neurostimulation devices market is likely to hold a major share in the future, due to the cost-effectiveness of clinical researches in the region, which is enabling the medical devices companies to introduce new devices in the market. In emerging markets like India, about 31 million people suffer from neurological disorders with the prevalence of around 2,500 patients per 10,000 patients. This is further boosting the neurostimulation devices market in the Asia Pacific region.
Some leading players of the global neurostimulation devices market include Boston Scientific Corporation, Medtronic Inc., Cyberonics Inc., NeuroPace Inc., St. Jude Medical Inc., and NeuroSigma, Inc.
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