Vagal Nerve Stimulation Market report is a complete overview of the market, covering various aspects product definition, segmentation based on various parameters, and the prevailing vendor landscape. Vagal Nerve Stimulation (VNS) Market Information: By Product (Implantable VNS Devices and External VNS Devices), By Application (Depression, Epilepsy, Migraine, And Others), By End Users (Hospitals, Ambulatory Surgical Centers, And Others) – Global Forecast Till 2023
Key Players
Some of key the players in the market are LivaNova PLC (UK), EnteroMedics Inc. (US), ElectroCore Medical LLC (US), Boston Scientific Corporation (US), Cyberonics, Inc. (US), NeuroMetrix, Inc.(US), ImThera Medical (US), and Inspire Medical Systems, Inc.(US).
Market Highlights
The Global Vagal Nerve Stimulation Or Vagus Nerve Stimulation Market Is Expected To Grow At A CAGR Of ~ 8.68 % During The Forecast Period 2017-2023.
Vagus nerve stimulation is a treatment for neurological disorders like epilepsy that involves a stimulator or pulse generator, which is placed inside the body and connected to the left vagus nerve in the neck. The stimulator sends regular, mild electrical stimulations through this nerve to help calm down the irregular electrical brain activity that leads to seizures.
The treatment for epilepsy works differently from patient to patient and vagus nerve stimulation therapy is a form of treatment for people with epilepsy whose seizures are not controlled with medication. Implants like electronic neck implant are important for treating neurological disorder such as epilepsy.
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According to Migraine Research Foundation, (2014), migraine was the 3rd most prevalent illness in the world. Nearly 1 in 4 U.S. households includes someone with migraine. Moreover, 12% of the population including children have migraine problem. 18% of American women, 6% of men, and 10% of children experience migraines. Mostly migraine occurs at the age of 25-55.
Increasing prevalence of neurological disorder like epilepsy, rising need for better treatment, increasing investment of biotechnology and pharmaceutical industries in R&D, and availability of funds drive the growth of the market. Moreover, increasing government support for research & development, changing lifestyle, and rapid development in technology will fuel the market growth during the forecast period. However, high cost of the treatment may slow the market growth during the review period.
Segmentation
The global vagal nerve stimulation market is segmented on the basis of products, application, and end user.
On the basis of products, the market is segmented into implantable VNS devices and external VNS devices.
On the basis of application, the market is segmented into depression, epilepsy, migraine, and others.
On the basis of end user, the market is segmented into hospitals, ambulatory surgical centers, and others.
Regional Analysis
The Americas dominates the global vagal nerve stimulation market owing to the presence of huge patient population with neurological disorder such as depression, epilepsy, and migraine, high healthcare spending, and increasing government support for research & development.
Europe holds the second largest share of the global vagal nerve stimulation market. The increasing focus of various government agencies on treating epilepsy, depression, and heart attacks will have a positive impact on the growth of the market. The growing public awareness will boost the adoption of these devices in the Europe market.
Asia Pacific is the fastest growing vagal nerve stimulation market across the globe. Japan holds the major share of the regional market due to availability of technology and huge healthcare spending. Rapidly developing economy, increasing healthcare expenditure, and government initiatives for research & development will drive the market in China and India over the assessment period.
The Middle East & Africa holds the least share of the global market due to limited availability of medical facilities. The UAE, Saudi Arabia, and Kuwait are expected to drive the Middle East & African market. Whereas, the African region is expected to witness a moderate growth.
BRIEF TOC
Chapter 1. Report Prologue
Chapter 2. Market Introduction
2.1 Definition
2.2 Scope Of The Study
2.2.1 Research Objective
2.2.2 Assumptions
2.2.3 Limitations
Chapter 3. Research Methodology
3.1 Introduction
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
Chapter 4. Market Dynamics
4.1 Drivers
4.2 Restrains
4.3 Opportunities
4.4 Challenges
4.5 Macroeconomic Indicators
4.6 Technology Trends & Assessment
Chapter 5. Market Factor Analysis
5.1 Porters Five Forces Analysis
5.1.1 Bargaining Power Of Suppliers
5.1.2 Bargaining Power Of Buyers
5.1.3 Threat Of New Entrants
5.1.4 Threat Of Substitutes
5.1.5 Intensity Of Rivalry
5.2 Value Chain Analysis
5.3 Investment Feasibility Analysis
5.4 Pricing Analysis
Chapter 6. Global Vagal Nerve Stimulation Market, By Products
6.1 Introduction
6.2 Implantable VNS Devices
6.2.1 Market Estimates & Forecast, 2017 – 2023
6.3 External VNS Devices
6.3.1 Market Estimates & Forecast, 2017 – 2023
Chapter 7. Global Vagal Nerve Stimulation Market, By Application
7.1 Introduction
7.2 Depression
7.2.1 Market Estimates & Forecast, 2017 – 2023
7.3 Epilepsy
7.3.1 Market Estimates & Forecast, 2017 – 2023
7.4 Migraine
7.4.1 Market Estimates & Forecast, 2017 – 2023
Chapter 8. Global Vagal Nerve Stimulation Market, By End User
8.1 Introduction
8.2 Hospitals
8.2.1 Market Estimates & Forecast, 2017 – 2023
8.3 Ambulatory Surgical Centers
8.2.2 Market Estimates & Forecast, 2017 – 2023
8.3 Others
Chapter 9. Global Vagal Nerve Stimulation Market, By Region
9.1 Introduction
9.2 America
9.2.1 North America
9.2.1.1 US
9.2.1.1 Canada
9.2.2 South America
9.3 Europe
9.3.1 Western Europe
9.3.1.1 Germany
9.3.1.2 France
9.3.1.3 Italy
9.3.1.4 Spain
9.3.1.5 UK
9.3.1.6 Rest Of Western Europe
9.3.2 Eastern Europe
9.4 Asia Pacific
9.4.1 Japan
9.4.2 China
9.4.3 India
9.4.4 Australia
9.4.5 Republic Of Korea
9.4.6 Rest Of Asia Pacific
9.5 The Middle East & Africa
9.5.1 United Arab Emirates
9.5.2 Saudi Arabia
9.5.3 Oman
9.5.4 Kuwait
9.5.5 Qatar
9.5.6 Rest Of The Middle East & Africa
Chapter 10 Company Landscape
10.1 Introduction
10.2 Market Share Analysis
10.3 Key Development & Strategies
10.3.1 Key Developments
Chapter 11 Company Profiles
Chapter 12 MRFR Conclusion
12.1 Key Findings
12.1.1 From CEO’s View Point
12.1.2 Unmet Needs Of The Market
12.2 Key Companies To Watch
12.3 Prediction Of Medical Devices Industry
Chapter 13 Appendix
DATA TABLES
Table 1 Vagal Nerve Stimulation Industry Synopsis, 2017 – 2023
Table 2 Global Vagal Nerve Stimulation Market Estimates And Forecast, 2017 – 2023, (USD Million)
Table 3 Global Vagal Nerve Stimulation Market By Region, 2017 – 2023, (USD Million)
Table 4 Global Vagal Nerve Stimulation Market By Product, 2017 – 2023, (USD Million)
Table 5 Global Vagal Nerve Stimulation Market By Application, 2017 – 2023, (USD Million)
Table 6 Global Vagal Nerve Stimulation Market By End Users, 2017 – 2023, (USD Million)
Table 7 North America Vagal Nerve Stimulation Market By Product, 2017 – 2023, (USD Million)
Table 8 North America Vagal Nerve Stimulation Market By Application, 2017 – 2023, (USD Million)
Table 9 North America Vagal Nerve Stimulation Market By End Users, 2017 – 2023, (USD Million)
Table 10 US Vagal Nerve Stimulation Market By Product, 2017 – 2023, (USD Million)
Table 11 US Vagal Nerve Stimulation Market By Application, 2017 – 2023, (USD Million)
Table 12 US Vagal Nerve Stimulation Market By End Users, 2017 – 2023, (USD Million)
Table 13 Canada Vagal Nerve Stimulation Market By Product, 2017 – 2023, (USD Million)
Table 14 Canada Vagal Nerve Stimulation Market By Application, 2017 – 2023, (USD Million)
Table 15 Canada Vagal Nerve Stimulation Market By End Users, 2017 – 2023, (USD Million)
Table 16 South America Vagal Nerve Stimulation Market By Product, 2017 – 2023, (USD Million)
Table 17 South America Vagal Nerve Stimulation Market By Application, 2017 – 2023, (USD Million)
Table 18 South America Vagal Nerve Stimulation Market By End Users, 2017 – 2023, (USD Million)……..
FIGURES
Figure 1 Research Process
Figure 2 Segmentation For Global Vagal Nerve Stimulation Market
Figure 3 Segmentation Market Dynamics For Global Vagal Nerve Stimulation Market
Figure 4 Global Vagal Nerve Stimulation Market Share, By Product 2016
Figure 5 Global Vagal Nerve Stimulation Market Share, By Application 2016
Figure 6 Global Vagal Nerve Stimulation Market Share, By End Users, 2016
Figure 7 Global Vagal Nerve Stimulation Market Share, By Region, 2016
Figure 8 North America Vagal Nerve Stimulation Market Share, By Country, 2016
Figure 9 Europe Vagal Nerve Stimulation Market Share, By Country, 2016
Figure 10 Asia Pacific Vagal Nerve Stimulation Market Share, By Country, 2016
Figure 11 Middle East & Africa Vagal Nerve Stimulation Market Share, By Country, 2016
Figure 12 Global Vagal Nerve Stimulation Market: Company Share Analysis, 2016 (%)
Figure 13 LivaNova PLC: Key Financials
Figure 14 LivaNova PLC: Segmental Revenue
Figure 15 LivaNova PLC: Geographical Revenue
Figure 16 EnteroMedics Inc: Key Financials
Figure 17 EnteroMedics Inc: Segmental Revenue
Figure 18 EnteroMedics Inc: Geographical Revenue
Figure 19 ElectroCore Medical LLC: Key Financials
Figure 20 ElectroCore Medical LLC: Segmental Revenue
Continued…
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