The continual growth of the nerve repair & regeneration market can be attributed to several factors such as the increasing prevalence of neurological disorders and the rising number of surgeries. Moreover, rising geriatric populations, rising incidences of nerve injuries, and rising awareness regarding neurological disorders will further contribute to the substantial growth of the global nerve repair & regeneration market between 2019 and 2030. To obtain better insights regarding the market scenario, prominent players are increasingly focusing on entering into partnerships and collaborations with other players in the market. For instance, in Oct 2018, NeuroSigma, Inc. entered into a partnership with Quick Care Pharmacy, a California-based specialty pharmacy for the sale and distribution of Monarch eTNS System (Monarch) utilized for the treatment of pediatric ADHD in the U.S.
Market Industry Reports (MIR) has published a new report titled “Nerve Repair & Regeneration Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2020–2030.” According to the report, the global nerve repair & regeneration market accounted for over US$ 6.0 billion in 2019. It is anticipated to grow at a CAGR of 8.8% from 2020 to 2030.
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Some of the prominent players in the Nerve Repair & Regeneration Market include:
Medtronic, Boston Scientific Corporation, Abbott, Stryker, Axogen Corporation, Integra LifeSciences Corporation, NEVRO CORP., NeuroPace, Inc., LivaNova PLC., and Synapse Biomedical Inc., among others.
Technological advancements as well as new product launches will fuel the growth of the nerve repair & regeneration market. For instance, in Nov 2019, NEVRO CORP. launched the Senza Omnia Spinal Cord Stimulation System in the U.S. This SCS system is designed in a way that will enable it to deliver Nevro’s proprietary HF10 therapy in addition to all other available SCS frequencies. The system comprises of three new components – The first element is a new programmer that creates facilitates physicians to offer a wider array of waveforms across the full SCS frequency spectrum; the second element of the system is a redesigned patient remote that is smaller and more intuitive for patients to utilize and helps to enhance their experiences and the third element is an updated and upgradeable implantable pulse generator
The Nerve Repair & Regeneration Market is segmented on the basis of Product, Modality, Cancer Type, End-Users and region.
By Product:
Neurostimulation & Neuromodulation Devices and Biomaterials
Surgery Type:
Nerve Grafting, Direct Neuropathy, Neurostimulation & Neuromodulation Surgeries, and Stem Cell Therapy
Research Approach
As a standard protocol at MIR, all research assignments go through the following rigorous processes.
- Secondary Research
- Primary Research
- Market Size Estimation & Forecasting
- Data Validation & Triangulation
- Report Generation
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Table of Contents
- INTRODUCTION
- Market Definition
- Market Classification
- Geographic Scope
- Years Considered for the Study: Historical Years – 2017 & 2018; Base Year – 2019; Forecasted Years – 2020 to 2030
- Currency Used
- RESEARCH METHODOLOGY
- Research Framework
- Data Collection Technique
- Data Sources
- Market Estimation Methodology
- Data Validation and Triangulation
- ABSTRACT OF THE STUDY
- MARKET DYNAMICS ASSESSMENT
- Overview
- Drivers
- Barriers/Challenges
- Opportunities
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