Latest industry research report on North American Internal Neuromodulation Market. Neuromodulation is used to regulate functions of nervous system, such as therapeutic alteration, inhibition, stimulation, modification, and others. There are two types of neuromodulation external neuromodulation and internal neuromodulation. Internal neuromodulation block or repair neuron signals of pain from reaching the brain using electrical impulses. These devices reduce highest levels of pain for various chronic or refractory diseases. Its clinical significance in pain reduction and therapeutics has lead a wide acceptance in the North American region. The driving factors of the North American internal neuromodulation market are rising prevalence of neurological disorders, increase in the aging population, strong product pipeline, expanded target applications & new indications, and investments and funds.
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Unfavorable reimbursement scenario and lack of trained professionals are factors restraining the growth of the market. Technological advancements present opportunities for growth of the market.
The North American internal neuromodulation market is segmented into type, application, and geography.
Spinal Cord Stimulator
Deep Brain Stimulator
Sacral Nerve Stimulator
Vagus Nerve Stimulator
Gastric Neuro Stimulator
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Key Market Player:
St. Jude Medical
Boston Scientific Corp.
Depuy Synthes Companies
Synapse Biomedical INC.