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Vagus Nerve Stimulator Market, Top Key Players, Latest Trends, Regional Insights and Global Industry Dynamics By 2026

April 18th, 2022 Future Market Insights Releases

Currently, implantable vagus nerve stimulator accounts for a whopping share in the revenue of VNS market. As indicated by a newly published intelligence study by Future Market Insights, the global vagus nerve stimulator market is likely to demonstrate robust year on year revenue growth of more than 9% in 2019.

Driven by a paradigm shift from implantables to non/minimally invasive devices, the vagus nerve stimulator (VNS) landscape is gradually encouraging the growth of transcutaneous VNS to be witnessed over the next couple of decades. Moreover, growing R&D efforts in the integration of next-generation technology to bypass the shortcomings of implantable VNS is likely to shape the future of vagus nerve stimulator marketplace.

Request a report sample to gain comprehensive insights @
https://www.futuremarketinsights.com/reports/sample/rep-gb-7759

  • Of the total global population inflicted by neurological disorders, approximately 50% suffers from an epileptic disorder, research and surveys say.
  • Vagus nerve stimulation is witnessing a rapidly expanding applicability beyond epilepsy, in the recent past.
  • Research uncovers potential efficiency of vagus nerve stimulation in the obesity management of depression patients.
  • Positive outcome of vagus nerve stimulation in treatment-resistant depression and epilepsy surgery indicate promising opportunities approaching in the near future.

Europe Steals the Limelight, Crossing US$ 100 Million Revenue in 2019

North America currently holds a massive revenue share in the vagus nerve stimulator market, and FMi projects continued dominance of this region over other regional markets in comping years. However, the report forecasts emergence of Europe and Asia Pacific (excluding Japan) as highly attractive territories for key market players in the near future. Europe will reportedly cross the US$ 100 million mark in 2019, reflecting the most lucrative opportunities for vagus nerve stimulator manufacturers.

“At present, Europe and APEJ hold a collective revenue share of over 40% in market, of which the former is gradually moving towards extending its individual market value share up to 1/4th of the global revenue,” explains a senior research analyst at FMI. Adding further, the analyst says, “Favorable regulatory and reimbursement scenario across Europe and relatively easy availability of VNS systems are most prominently driving the growth of vagus nerve stimulator market in Europe. VNS sales in Europe will also benefit from the strong presence of leading industry manufacturers in the region”.

For any Queries Related with the Report, Ask an Analyst @ https://www.futuremarketinsights.com/ask-question/rep-gb-7759

Taxonomical Insights – By Type, Application, and End User

  • By the type of vagus nerve stimulator, implantable stimulator continues to bring in the most of the revenue to market.
  • Epileptic seizures secure the spot of the most sought after application type in vagus nerve stimulator landscape.
  • Hospitals remain the largest end user of vagus nerve stimulator. FMI research indicates that specialty clinics and home care settings are emerging as attractive end user candidates in recent years.

Thorough competition analysis of vagus nerve stimulator landscape reveals a few important developmental strategies that are ruling the minds of VNS manufacturers at present.

  • Besides geographical expansion, leading players in vagus nerve stimulator market are focusing on the extension of their existing offerings portfolio, according to the report.
  • In an effort to address the challenges to VNS adoption posed by the high price point, companies are now reassessing their pricing strategies for a competitive advantage.
  • A number of companies are also directing their strategic focus on a stronger distribution network.
  • Strategic partnerships with local and regional distributors and retailers hold immense importance for the competitors in VNS landscape.
  • Long-term contractual collaborations with recognized hospitals, research and pathology laboratories, and CROs are emerging as a growing trend among manufacturers of vagus nerve stimulator.

We Offer tailor-made Solutions to fit Your Requirements, Request Customization @ https://www.futuremarketinsights.com/customization-available/rep-gb-7759

Explore FMI’s Extensive ongoing Coverage on Healthcare Domain

Nerve Locator Stimulator Market – Motor nerves are sending the impulses from brain and spinal cord to all muscles in body that activates motor functions like walking and moving fingers. The damage of motor nerves can affect the individual in difficulty in walking and doing other activities. Sensory nerves send impulses from muscles to brain and spinal cords.

Nerve Monitoring Devices Market – The nerve monitoring devices market is likely to record a CAGR of 6.1% during the forecast period, up from US$ 1.1 Bn in 2021 to reach a valuation of US$ 1.7 Bn by 2026. Sales of nerve monitoring devices are expected to rise due to improving healthcare practitioners’ awareness of the clinical benefits of nerve monitoring.

Pelvic Floor Stimulator Market -Newly released Pelvic Floor Stimulators Market analysis by Future Market Insights (FMI) predicts global sales of pelvic floor stimulators to total US$ 118.6 Mn for 2021. The demand outlook for the market remains positive as FMI forecasts it to exhibit CAGR of 8.8% for 2021 – 2031, reaching US$ 274.9 Mn by 2031.

About Future Market Insights (FMI)

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, and has delivery centers in the UK, U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

Contact Us:
Future Market Insights,
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Plot No: JLT-PH2-X2A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com/

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