Nerve regeneration is a process used in the repair and replacement of damage nervous tissues, cells and cellular products. The nerve repair mechanism is generally used in the new gill cells, nervous, myelin, axons and synapse. The report is chiefly emphasizing on the commercial market of nerve repair and regeneration market. The rise in incidences of chronic diseases and increase in demand for the advance health care technologies is allowing health care industry to widen its presence in this market. This report is specifically concentrating on the key regulatory issues and reimbursement scenarios that would help in understanding the market behavior towards nerve repair and regeneration market. The companies operating in this market are chiefly concentrating on the development of novel therapeutics techniques for which the companies are investing heavily. The study helps in exploring the opportunities so that global players would generate maximum outcome from the present market conditions.
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Rapidly growing ageing population with peripheral nerve injuries such as Alzheimer’s epilepsy and Parkinson’s disease is the major driving factor in nerve repair and regeneration market. Approximately 87% of patients have to face trauma due to peripheral nerve injuries, out of which nearly 40% are from the U.S. The other driving factors of the market are enhanced efficiency of biomaterial technology and increase in investment from the leading players. However, absence of efficient and skilled professionals and lack of awareness among patients as well as local physicians are some of the restraints for advance nerve regeneration and repair market.
Nerve Repair and Regeneration Surgery Market Analysis
Global nerve repair and regeneration surgery market is segmented into Direct Neurorrhaphy, Nerve Grafting, Stem Cell Therapy, and Neurostimulation/Neuromodulation Surgery. The stem cell therapy is expected to positively influence the nerve repair and regeneration market above all due to positive intervention from the companies.
Nerve Repair and Regeneration Product Market Analysis
Global nerve repair and regeneration product market is categorized into Nerve Repair Biomaterials products, and Neuromodulation products. The nerve repair market by biomaterials is further segmented into Nerve wraps, nerve connectors, nerve protectors and nerve conduits. The neuromodulation products market is segmented into two broad categories, namely internal and external stimulations.
Nerve Repair and Regeneration Geography Market Analysis
Geography market for nerve repair and generation is categorized into North America, Europe, Asia-Pacific and LAMEA. The North American market is expected to be the fastest growing market compared to other markets, and this is rapid growth is due increase in prevalence of nervous diseases that require nerve repair therapies.
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Key market players engaged in nerve repair technologies are chiefly concentrating on the development of novel technologies by adopting various developmental strategies such as merger, acquisition and product launch. Recently, Medtronic Inc. had introduced new RestoreSensor® SureScan® MRI neurostimulation systems which are used in chronic limb pain related disorders. Key players included in this report are Alafair Biosciences, Inc., Axogen, Inc., Baxter International, Inc., Biocontrol Medical, Boston Scientific Corporation, Cyberonics, Inc., Integra Life sciences Holdings Corp., Medtronic, Inc., Orthomed S.A.S. and Polyganics
High Level Analysis
Nerve repair market is in emerging stage and is experiencing hurdles from alternative technologies. These alternative technologies are strategically analyzed in the report in order to provide comparative benefits. The report is also concentrating on the regulatory issues that are hindering the growth. Porter’s five force model is strategically dealt in the report to project the market trends. The value chain analysis of the nerve repair market is dealt strategically. Top investment pocket for nerve repair and regeneration market show the impact of growth factors on surgeries market. Top wining strategies adopted by the key players competing in this market are critically analyzed through primaries.
• This report gives a detailed analysis of drivers and factors limiting market expansion
• Projections are made for the next eight years by considering values of 2012 as reference
• Porter’s five forces and SWOT analysis discussed would help in making strategic decisions
• Analysis of key market players and strategies adopted by them are dealt to give a deep dive intelligence on top contenders in the market
• Micro level analysis is conducted based on end users, products, applications and geographies
• Comprehensive and quantitative data about changing market trends, competition and opportunities in nerve repair and regeneration technologies market is provided in the report
• Identification of key investment pockets for nerve repair and regeneration are providing strategic assistance to decision markers
• The global nerve repair and regeneration market is categorized into three segments, namelyproducts, surgeries and geography.
MARKET BY SURGERIES
• Direct Neurorrhaphy
• Epineural Repair
• Perineural Repair
• Group Fascicular Repair
• Nerve Grafting
• Stem Cell Therapy
• Neuromodulation Surgery
• External Neuromodulation Surgery
• Internal Neuromodulation Surgery
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MARKET BY PRODUCTS
• Product by Biomaterials
• Nerve Conduits
• Nerve Protectors
• Nerve Wraps
• Nerve Connectors
• Nerve Repair By Neurostimulation/ Neuromodulation
• Internal Neurostimulation
• Spinal Cord Stimulation
• Deep Brain Stimulation
• Sacral Nerve Stimulation
• Gastric Electrical Stimulation
• External Neurostimulation
• Transcutaneous Electrical Nerve Stimulation
• Transcranial Magnetic Stimulation
MARKET BY GEOGRAPHY
• North America