Market Executive Summary

In recent years, the global neuve stimulator has developed rapidly, with an average growth rate of about 8%.In 2018, about 190,000 nerve stimulators were produced globally, while sales were about $4 billion. In 2018, China accounted for about 2% of global production.

In the next five years, China's neuve stimulators will continue to grow rapidly.Nerve stimulators are mainly divided into deep brain stimulators, spinal cord stimulators, vagus nerve stimulators, and other nerve stimulators.Among them, spinal cord stimulators accounted for the largest proportion, accounting for nearly 55% of the total market in 2018, and deep brain stimulators accounted for 16%. Neuve stimulators are mainly used for pain management, Parkinson's disease, urinary incontinence and fecal incontinence, epilepsy and other diseases, of which pain management is the main application field, accounting for 55% in 2018 and Parkinson's disease accounts for 12%.

The market is highly competitive.Medtronic, Abbott, Boston Scientific are the major suppliers.They have mastered key technologies and patents, and they have a fixed customer base. They have established a monopoly in the market.The industry is driven by a growing base of older people and an increase in the prevalence of chronic diseases.More than 45 percent of americans have at least one chronic condition that requires intensive care, according to the CDC.Elderly patients require intensive care, are prone to injury and take a long time to heal.

The global market for Nerve Stimulator was estimated to be worth US$ 4534.1 million in 2023 and is forecast to a readjusted size of US$ 6109.4 million by 2030 with a CAGR of 4.3% during the forecast period 2024-2030.

Global Nerve Stimulator key players include Medtronic, Abbott, Boston Scientific, etc. Global top three manufacturers hold a share over 70%.

North America is the largest market, with a share about 80%, followed by China, and Europe, both have a share about 15 percent. 

In terms of product, Spinal Cord Stimulator is the largest segment, with a share over 50%. And in terms of application, the largest application is Pain Management, followed by Parkinson's Disease, Epilepsy, Incontinence, etc.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Nerve Stimulator, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Nerve Stimulator by region & country, by Type, and by Application.

The Nerve Stimulator market size, estimations, and forecasts are provided in terms of sales volume (K Units) and sales revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Nerve Stimulator.

Global Nerve Stimulator Companies Covered

Medtronic, Abbott, Boston Scientific, LivaNova, Nevro, Pins Medical, NeuroPace, Synapse Biomedical

Global Nerve Stimulator Market, by Region

North America (U.S., Canada, Mexico)

Europe (Germany, France, UK, Italy, etc.)

Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)

South America (Brazil, etc.)

Middle East and Africa (Turkey, GCC Countries, Africa, etc.)

Global Nerve Stimulator Market, Segment by Type

Deep Brain Stimulator

Spinal Cord Stimulator

Vagus Nerve Stimulator

Global Nerve Stimulator Market, Segment by Application

Pain Management

Parkinson's Disease

Incontinence

Epilepsy

Chapter Outline

Chapter 1: Introduces the report scope of the report, global total market size (valve, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 2: Detailed analysis of Nerve Stimulator manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 5: Sales, revenue of Nerve Stimulator in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.

Chapter 6: Sales, revenue of Nerve Stimulator in country level. It provides sigmate data by Type, and by Application for each country/region.

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 9: Conclusion.