The European Neuromodulation Market is broadly classified on the basis of procedure type and modality. The procedure segment is classified into internal stimulation and external stimulation. Based on modalities, the neuromodulation market is categorized into spinal cord stimulation, deep brain stimulation, vagus, nerve stimulation, sacral nerve stimulation, gastric electric stimulation, transcutaneous electrical nerve stimulation (TENS), and transcranial magnetic stimulation (TMS).
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The European Neuromodulation market is estimated to grow at a CAGR of 13.6% from 2014 to 2019. In 2014, Germany commanded a larger share of around 27.2% of the European neuromodulation market, followed by France. Increasing incidences of peripheral nerve injuries and neurological disorders, technological developments in nerve repair, and favorable reimbursement policies are expected to drive the market growth in this region. However, lacks of surgeons and patient awareness have an adverse effect on the neuromodulation market.
Neuromodulation Devices Market manufacturers a competitive advantage and list of key Players:
- Boston Scientific
- Depuy Synthes
- Jude Medical Inc.
Germany commanded the largest share of 27.2% of the European neuromodulation market in 2014, followed by France. The market in Germany is estimated to grow at a CAGR of 13.9% during the forecast period.
Geographically, the market is divided into six countries:
- the RoE.
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The report will enrich both established firms as well as new entrants/smaller firms to gauge the pulse of the market, which in turn will help the firms in garnering a greater market, share. Firms purchasing the report could use any one or combination of the below mentioned five strategies (market penetration, product development/innovation, market development, market diversification, and competitive assessment) for strengthening their market share.
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The report provides insights on the following pointers:
- Product Analysis and Development: Detailed insights on upcoming technologies, research and development activities, and new product launches in the global Neuromodulation Devices market. Usage pattern/penetration rate (in-depth trend analysis) of products (segment-wise) and purchasing data. Comprehensive coverage of product approvals, patent analysis, pipeline products, and product recalls.
- Market Development: Comprehensive information about lucrative emerging markets. The report analyzes the markets for global Neuromodulation Devices across geographies, exploit new distribution channels, new clientele base, and different pricing policies.
- Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments decisions in the Neuromodulation Devices. Detailed description regarding the related and unrelated diversification pertaining to this market.
- Competitive Assessment: In-depth assessment of market shares, company share analysis of the key players forecasted till 2019. Develop business strategies and manufacturing capabilities of leading players enhance the bottom line of the companies in the Neuromodulation Devices market.
- Product/Brand Perception Analysis: Comprehensive study of customer’s perception and behavior through our inbuilt social connect tool (digital marketing language) checking the virality and tonality of blogs.
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