20240619_Neural Implants size _Pdf.pdf

The neural implants market size has grown rapidly in
recent years. It will grow from $4.89 billion in 2023 to
$5.39 billion in 2024 at a compound annual growth rate
(CAGR) of 10.1%. The growth in the historic period can
billione attribillionuted to growth in well�estabillionlished healthcare facilities, growth in aging
population, growth in preference for minimally invasive
procedures, growth in demand for personalized
treatment options, and availabillionility of improved
healthcare infrastructure. The neural implants market
size is expected to see rapid growth in the next few
years. It will grow to $7.98 billion in 2028 at a compound
annual growth rate (CAGR) of 10.3%.

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Global Forecast 2024 – 2033 Market Size, Drivers, And
Trends
Global Market
Report 2024
Neural Implants
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2. Neural Implants Market Segments
.
By Form
By Application
.
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The Business Research Company segments the neural implants market report as:
F And B Spinal Cord Stimulation (SCS), Deep Brain Stimulation (DBS), Vagus
Nerve Stimulation (VNS)
Chronic Pain, Parkinson’s Disease (PD), Epilepsy, Other ApplicationsBy Application
Hospitals, Specialized Neurological Centers (SNCs), Outpatient Surgery Centers
By End-User
By Product

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Market Statistics
The neural implants market size has grown rapidly in
recent years. It will grow from $4.89 billion in 2023 to
$5.39 billion in 2024 at a compound annual growth rate
(CAGR) of 10.1%. The growth in the historic period can
billione attribillionuted to growth in well-
estabillionlished healthcare facilities, growth in aging
population, growth in preference for minimally invasive
procedures, growth in demand for personalized
treatment options, and availabillionility of improved
healthcare infrastructure. The neural implants market
size is expected to see rapid growth in the next few
years. It will grow to $7.98 billion in 2028 at a compound
annual growth rate (CAGR) of 10.3%.
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$7.98 B
$5.39 B
$4.89 B

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Key Market Drivers And Trends
Drivers
The rising prevalence of neurological disorders is expected to propel the
growth of the neural implants market going forward
Trends
Major companies operating in the neural implant market are focused on
developing innovative products, such as deep brain stimulation (DBS)
devices, to treat movement disorders, such as Parkinson's disease and
essential tremors, and gain a competitive edge in the market
Region
North America was the largest region in the neural implants market in 2023

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Top Players In The Market
Get More Information On The Market Report
Major companies operating in the neural implants
market are Abbott Laboratories, Medtronic plc,
Stryker Corporation, Boston Scientific Corporation,
Smith & Nephew plc, Integra LifeSciences, Cochlear
Ltd., LivaNova PLC, Renishaw plc, MicroPort Scientific
Corporation, Nevro Corp., Inspire Medical Systems
Inc., Cyberonics Inc., Axonics Modulation
Technologies Inc., Saluda Medical, NeuroPace Inc.,
Fisher Wallace, BioControl Medical , Cerbomed GmbH,
Nuvectra Corporation

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