Global Neurotech Devices Market Size study & Forecast, by Product, by Conditions, by End-use and Regional Analysis, 2022-2029

Description

List of Tables

Global Neurotech Devices Market is valued approximately USD 10.90 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 14.5% over the forecast period 2022-2029. The neurotech devices market refers to the industry that develops and sells devices that are used to diagnose and treat neurological disorders. These devices use various technologies to interface with the nervous system, including electrical stimulation, optogenetics, and neural prosthetics. Examples of neurotech devices include brain-computer interfaces, deep brain stimulators, neurostimulators, and neuromodulators. The major driving factor for the market are rising prevalence of neurological disorders, growing geriatric population and increasing investment in research and development. Moreover, rising technological advancements and growing demand for non-invasive and minimally invasive treatments is creating lucrative growth opportunity for the market over the forecast period 2022-2029.

There has been a significant increase in the number of people affected by neurological disorders such as Alzheimer's disease, Parkinson's disease, and epilepsy. According to the World Health Organization, neurological disorders are responsible for 6.3% of the global disease burden. This has led to an increase in demand for innovative and effective treatments, which has driven the growth of the neurotech devices market. Along with this, rapid advancements in technology have led to the development of more sophisticated and effective neurotech devices. For example, the development of brain-computer interfaces has allowed paralyzed individuals to control prosthetic limbs using their thoughts. These technological advancement have increased the efficacy and scope of neurotech devices, leading to greater demand and growth in the market. However, the high cost of Neurotech Devices stifles market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Neurotech Devices Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominates the global neurotech devices market due to factors such as increasing prevalence of neurological disorders, rising investment in research and development, favorable regulatory framework, and advanced healthcare infrastructure. The United States has

the largest market in North America, accounting for the majority of the regional market share. The Asia Pacific region is expected to witness the fastest growth in the neurotech devices market due to factors such as increasing prevalence of neurological disorders, rising investment in research and development, and growing healthcare infrastructure. China, Japan, and India are the major markets in the region.

Major market players included in this report are:

Medtronic
Abbott Laboratories
Boston Scientific Corporation
Cochlear Limited
Stryker Corporation
LivaNova
Nihon Kohden Corporation
NeuroPace
NeuroMetrix
BrainScope

Recent Developments in the Market:

In January 2021, Medtronic launched its latest deep brain stimulation system, the Percept PC neurostimulator, which features brain sensing technology that can record and track brain signals for more personalized therapy.
In October 2020, Abbott Laboratories received approval from the US FDA for its Infinity DBS system, a deep brain stimulation system for the treatment of Parkinson's disease.
In November 2020, Boston Scientific announced positive results from a clinical trial of its Vercise Genus deep brain stimulation system for the treatment of Parkinson's disease.
In September 2020, Cochlear Limited received approval from the US FDA for its Osia 2 bone conduction hearing implant system.
In October 2020, Stryker Corporation completed its acquisition of Wright Medical, a medical device company that specializes in orthopedics, including neurotech devices for the treatment of foot and ankle disorders.

Global Neurotech Devices Market Report Scope:

Historical Data: 2019-2020-2021
Base Year for Estimation: 2021
Forecast period: 2022-2029
Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered: Product, Conditions, End-use, Region
Regional Scope: North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below.

By Product:

Neurostimulation
Neuroprostheses
Neurosensing
Neurorehabilitation Devices

By Conditions:

Pain Management
Cognitive Disorders
Epilepsy
Urinary and Fecal Incontinence
Hearing Conditions
Parkinson's Disease
Depression
Sleep Disorders
Essential Tremor

By End-use:

Hospitals
Ambulatory Surgical Centers
Homecare Facilities

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
- 1.2.1. Neurotech Devices Market, by Region, 2019-2029 (USD Billion)
- 1.2.2. Neurotech Devices Market, by Product, 2019-2029 (USD Billion)
- 1.2.3. Neurotech Devices Market, by Conditions, 2019-2029 (USD Billion)
- 1.2.4. Neurotech Devices Market, by End-use, 2019-2029 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Neurotech Devices Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Scope of the Study
- 2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global Neurotech Devices Market Dynamics

3.1. Neurotech Devices Market Impact Analysis (2019-2029)
- 3.1.1. Market Drivers
  - 3.1.1.1. Rising prevalence of neurological disorders
  - 3.1.1.2. Growing Geriatric Population
  - 3.1.1.3. Increasing investment in research and development
- 3.1.2. Market Challenges
  - 3.1.2.1. High cost of Neurotech Devices
- 3.1.3. Market Opportunities
  - 3.1.3.1. Rising technological advancements
  - 3.1.3.2. Growing demand for non-invasive and minimally invasive treatments

Chapter 4. Global Neurotech Devices Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter's 5 Force Model (2019-2029)
4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
4.4. Investment Adoption Model
4.5. Analyst Recommendation & Conclusion
4.6. Top investment opportunity
4.7. Top winning strategies

Chapter 5. Risk Assessment: COVID-19 Impact

5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario

Chapter 6. Global Neurotech Devices Market, by Product

6.1. Market Snapshot
6.2. Global Neurotech Devices Market by Product, Performance - Potential Analysis
6.3. Global Neurotech Devices Market Estimates & Forecasts by Product 2019-2029 (USD Billion)
6.4. Neurotech Devices Market, Sub Segment Analysis
- 6.4.1. Neurostimulation
- 6.4.2. Neuroprostheses
- 6.4.3. Neurosensing
- 6.4.4. Neurorehabilitation Devices

Chapter 7. Global Neurotech Devices Market, by Conditions

7.1. Market Snapshot
7.2. Global Neurotech Devices Market by Conditions, Performance - Potential Analysis
7.3. Global Neurotech Devices Market Estimates & Forecasts by Conditions 2019-2029 (USD Billion)
7.4. Neurotech Devices Market, Sub Segment Analysis
- 7.4.1. Pain Management
- 7.4.2. Cognitive Disorders
- 7.4.3. Epilepsy
- 7.4.4. Urinary and Fecal Incontinence
- 7.4.5. Hearing Conditions
- 7.4.6. Parkinson's Disease
- 7.4.7. Depression
- 7.4.8. Sleep Disorders
- 7.4.9. Essential Tremor

Chapter 8. Global Neurotech Devices Market, by End-use

8.1. Market Snapshot
8.2. Global Neurotech Devices Market by End-use, Performance - Potential Analysis
8.3. Global Neurotech Devices Market Estimates & Forecasts by End-use 2019-2029 (USD Billion)
8.4. Neurotech Devices Market, Sub Segment Analysis
- 8.4.1. Hospitals
- 8.4.2. Ambulatory Surgical Centers
- 8.4.3. Homecare Facilities

Chapter 9. Global Neurotech Devices Market, Regional Analysis

9.1. Neurotech Devices Market, Regional Market Snapshot
9.2. North America Neurotech Devices Market
- 9.2.1. U.S. Neurotech Devices Market
  - 9.2.1.1. Product breakdown estimates & forecasts, 2019-2029
  - 9.2.1.2. Conditions breakdown estimates & forecasts, 2019-2029
  - 9.2.1.3. End-use breakdown estimates & forecasts, 2019-2029
- 9.2.2. Canada Neurotech Devices Market
9.3. Europe Neurotech Devices Market Snapshot
- 9.3.1. U.K. Neurotech Devices Market
- 9.3.2. Germany Neurotech Devices Market
- 9.3.3. France Neurotech Devices Market
- 9.3.4. Spain Neurotech Devices Market
- 9.3.5. Italy Neurotech Devices Market
- 9.3.6. Rest of Europe Neurotech Devices Market
9.4. Asia-Pacific Neurotech Devices Market Snapshot
- 9.4.1. China Neurotech Devices Market
- 9.4.2. India Neurotech Devices Market
- 9.4.3. Japan Neurotech Devices Market
- 9.4.4. Australia Neurotech Devices Market
- 9.4.5. South Korea Neurotech Devices Market
- 9.4.6. Rest of Asia Pacific Neurotech Devices Market
9.5. Latin America Neurotech Devices Market Snapshot
- 9.5.1. Brazil Neurotech Devices Market
- 9.5.2. Mexico Neurotech Devices Market
9.6. Rest of The World Neurotech Devices Market

Chapter 10. Competitive Intelligence

10.1. Top Market Strategies
10.2. Company Profiles
- 10.2.1. Medtronic
  - 10.2.1.1. Key Information
  - 10.2.1.2. Overview
  - 10.2.1.3. Financial (Subject to Data Availability)
  - 10.2.1.4. Product Summary
  - 10.2.1.5. Recent Developments
- 10.2.2. Medtronic
- 10.2.3. Abbott Laboratories
- 10.2.4. Boston Scientific Corporation
- 10.2.5. Cochlear Limited
- 10.2.6. Stryker Corporation
- 10.2.7. LivaNova
- 10.2.8. Nihon Kohden Corporation
- 10.2.9. NeuroPace
- 10.2.10. NeuroMetrix
- 10.2.11. BrainScope

Chapter 11. Research Process

11.1. Research Process
- 11.1.1. Data Mining
- 11.1.2. Analysis
- 11.1.3. Market Estimation
- 11.1.4. Validation
- 11.1.5. Publishing
11.2. Research Attributes
11.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Neurotech Devices Market, report scope
TABLE 2. Global Neurotech Devices Market estimates & forecasts by Region 2019-2029 (USD Billion)
TABLE 3. Global Neurotech Devices Market estimates & forecasts by Product 2019-2029 (USD Billion)
TABLE 4. Global Neurotech Devices Market estimates & forecasts by Conditions 2019-2029 (USD Billion)
TABLE 5. Global Neurotech Devices Market estimates & forecasts by End-use 2019-2029 (USD Billion)
TABLE 6. Global Neurotech Devices Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 7. Global Neurotech Devices Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 8. Global Neurotech Devices Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 9. Global Neurotech Devices Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 10. Global Neurotech Devices Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 11. Global Neurotech Devices Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 12. Global Neurotech Devices Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 13. Global Neurotech Devices Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 14. Global Neurotech Devices Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 15. Global Neurotech Devices Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 16. U.S. Neurotech Devices Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 17. U.S. Neurotech Devices Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 18. U.S. Neurotech Devices Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 19. Canada Neurotech Devices Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 20. Canada Neurotech Devices Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 21. Canada Neurotech Devices Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 22. UK Neurotech Devices Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 23. UK Neurotech Devices Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 24. UK Neurotech Devices Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 25. Germany Neurotech Devices Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 26. Germany Neurotech Devices Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 27. Germany Neurotech Devices Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 28. France Neurotech Devices Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 29. France Neurotech Devices Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 30. France Neurotech Devices Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 31. Italy Neurotech Devices Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 32. Italy Neurotech Devices Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 33. Italy Neurotech Devices Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 34. Spain Neurotech Devices Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 35. Spain Neurotech Devices Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 36. Spain Neurotech Devices Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 37. RoE Neurotech Devices Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 38. RoE Neurotech Devices Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 39. RoE Neurotech Devices Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 40. China Neurotech Devices Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 41. China Neurotech Devices Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 42. China Neurotech Devices Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 43. India Neurotech Devices Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 44. India Neurotech Devices Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 45. India Neurotech Devices Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 46. Japan Neurotech Devices Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 47. Japan Neurotech Devices Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 48. Japan Neurotech Devices Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 49. South Korea Neurotech Devices Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 50. South Korea Neurotech Devices Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 51. South Korea Neurotech Devices Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 52. Australia Neurotech Devices Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 53. Australia Neurotech Devices Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 54. Australia Neurotech Devices Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 55. RoAPAC Neurotech Devices Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 56. RoAPAC Neurotech Devices Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 57. RoAPAC Neurotech Devices Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 58. Brazil Neurotech Devices Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 59. Brazil Neurotech Devices Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 60. Brazil Neurotech Devices Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 61. Mexico Neurotech Devices Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 62. Mexico Neurotech Devices Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 63. Mexico Neurotech Devices Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 64. RoLA Neurotech Devices Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 65. RoLA Neurotech Devices Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 66. RoLA Neurotech Devices Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 67. Row Neurotech Devices Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 68. Row Neurotech Devices Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 69. Row Neurotech Devices Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 70. List of secondary sources, used in the study of global Neurotech Devices Market
TABLE 71. List of primary sources, used in the study of global Neurotech Devices Market
TABLE 72. Years considered for the study
TABLE 73. Exchange rates considered

List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

List of figures

FIG 1. Global Neurotech Devices Market, research methodology
FIG 2. Global Neurotech Devices Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Neurotech Devices Market, key trends 2021
FIG 5. Global Neurotech Devices Market, growth prospects 2022-2029
FIG 6. Global Neurotech Devices Market, porters 5 force model
FIG 7. Global Neurotech Devices Market, pest analysis
FIG 8. Global Neurotech Devices Market, value chain analysis
FIG 9. Global Neurotech Devices Market by segment, 2019 & 2029 (USD Billion)
FIG 10. Global Neurotech Devices Market by segment, 2019 & 2029 (USD Billion)
FIG 11. Global Neurotech Devices Market by segment, 2019 & 2029 (USD Billion)
FIG 12. Global Neurotech Devices Market by segment, 2019 & 2029 (USD Billion)
FIG 13. Global Neurotech Devices Market by segment, 2019 & 2029 (USD Billion)
FIG 14. Global Neurotech Devices Market, regional snapshot 2019 & 2029
FIG 15. North America Neurotech Devices Market 2019 & 2029 (USD Billion)
FIG 16. Europe Neurotech Devices Market 2019 & 2029 (USD Billion)
FIG 17. Asia pacific Neurotech Devices Market 2019 & 2029 (USD Billion)
FIG 18. Latin America Neurotech Devices Market 2019 & 2029 (USD Billion)
FIG 19. Global Neurotech Devices Market, company Market share analysis (2021)