Global Peripheral Nerve Injuries Market Size study & Forecast, by Product, By Application, by Surgery and Regional Analysis, 2023-2030

PUBLISHED: July 20, 2023

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Global Peripheral Nerve Injuries Market is valued at approximately USD 1.43 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 7.65% over the forecast period 2023-2030. Peripheral nerve injury includes a broad range of clinical conditions that may present as peripheral nervous system dysfunction. Peripheral nerve injuries are a common condition that can result in a variety of symptoms depending on the severity and nerves affected. Peripheral nerve injuries can cause patients to experience anything from minor discomfort to complete paralysis. Peripheral nerve damage frequently presents with symptoms of weakness, numbness, and discomfort. However, the global peripheral nerve injury therapeutics market is likely to be driven by increased awareness of peripheral nerve injury and its treatment through drugs and therapies to manage the illness. Furthermore, the rising incidence rate of PNIs influences the revenue growth of the treatment market.

The market for peripheral nerve injuries is growing in terms of value due to the rising prevalence of chronic disorders. According to the National Institute of Health, In 2022, peripheral nerve issues impact 2.4% of the population among which 8.0% belongs to the elderly populations. In 2021, it was projected by the International Diabetes Federation that there would be approximately 537 million adults worldwide affected by diabetes, and one out of every ten individuals would also experience other forms of diabetes. Diabetic neuropathy, which is nerve damage associated with both type 1 and type 2 diabetes, affects around 50% of people with these chronic conditions. Peripheral nerve damage from leprosy is still a widespread problem worldwide. Additionally, elderly individuals and those who are obese are more prone to developing chronic illnesses. According to the World Bank Group, the global elderly population stood at 727 million in 2020, and it is expected to triple in the next 30 years, reaching 1.5 billion by 2050. The market's revenue growth is being driven by an increase in research and development activities for focused treatment of peripheral nerve injury as well as the vital requirement for more education for doctors and nurses to enable them to provide prompt diagnoses and appropriate patient care. However, doctors and patients may both still be unaware of the syndrome's prevalence is one of the factors limiting growth. The availability of physical therapy for the disorder's treatment also hinders the market's expansion throughout the forecast period of 2023-2030.

The key regions considered for the Global Peripheral Nerve Injuries Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022. North America is expected to account for the largest revenue share over the forecast period. This is due to the introduction of new treatment options in the region. Furthermore, increased healthcare expenditures, as well as the availability of treatment choices, would help drive revenue growth of peripheral nerve injuries market in the region. Moreover, rising awareness of the disease has led to revenue growth in the market. These factors are expected to drive revenue growth of the peripheral nerve injury market in the region over the forecast period. Asia Pacific is expected to grow significantly during the forecast period, owing to factors such as the number of elderly people has significantly increased in nations such as China and India. Additionally, the presence of generic drug makers and the expansion of healthcare facilities in the area are key factors in the region's revenue growth.

Major market player included in this report are:

AxoGen, Inc.
Stryker
Baxter International, Inc.
Polyganics BV
Integra Lifesciences Corp.
Renerva, LLC.
Medovent GmbH
Toyobo Co., Ltd
Medtronic plc
Stryker Corporation

Recent Developments in the Market:

In March 2022, Integra LifeSciences Holding Corp. announced the release of the 3D Nerve Guide Matrix, also known as NeuraGen, a resorbable implant for the healing of peripheral nerve discontinuities.
In April 2021, on the Zernike Campus in Groningen, Polyganics, a medical technology company that develops, manufactures, and sells bioresorbable medical devices, constructed a new facility. The facility is designed to support Polyganics' ongoing development, manufacturing, and sales operations, further advancing their innovative medical device solutions.

Global Peripheral Nerve Injuries Market Report Scope:

Historical Data: 2020 - 2021
Base Year for Estimatio: 2022
Forecast period: 2023-2030
Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered: Product, Application, Surgery, Region
Regional Scope: North America; Europe; Asia Pacific; Latin America; Middle East & Africa
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:

Nerve Conduit
Nerve Protector
Nerve Connector
Nerve Wraps

By Application:

Upper Extremities
Lower Extremities

By Surgery:

Direct Nerve Repair
Nerve Grafting
Stem Cell Therapy

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
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
- 1.2.1. Peripheral Nerve Injuries Market, by Region, 2020-2030 (USD Billion)
- 1.2.2. Peripheral Nerve Injuries Market, by Product, 2020-2030 (USD Billion)
- 1.2.3. Peripheral Nerve Injuries Market, by Application, 2020-2030 (USD Billion)
- 1.2.4. Peripheral Nerve Injuries Market, by Surgery, 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Peripheral Nerve Injuries Market Definition and Scope

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

Chapter 3. Global Peripheral Nerve Injuries Market Dynamics

3.1. Peripheral Nerve Injuries Market Impact Analysis (2020-2030)
- 3.1.1. Market Drivers
  - 3.1.1.1. Increasing Incidence of PNIs
  - 3.1.1.2. Growing awareness of Peripheral nerve injury and its treatment through drugs and therapies
- 3.1.2. Market Challenges
  - 3.1.2.1. Lack of Awareness among doctors and patients about Peripheral Nerve Injuries
  - 3.1.2.2. Availability of physical therapy for the disorder's treatment
- 3.1.3. Market Opportunities
  - 3.1.3.1. Rising Demand for more education for doctors and nurses to provide prompt diagnoses
  - 3.1.3.2. Increasing research and development activities for focused treatment of peripheral nerve injury

Chapter 4. Global Peripheral Nerve Injuries 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. Porter's 5 Force Impact Analysis
4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion

Chapter 5. Global Peripheral Nerve Injuries Market, by Product

5.1. Market Snapshot
5.2. Global Peripheral Nerve Injuries Market by Product, Performance - Potential Analysis
5.3. Global Peripheral Nerve Injuries Market Estimates & Forecasts by Product 2020-2030 (USD Billion)
5.4. Peripheral Nerve Injuries Market, Sub Segment Analysis
- 5.4.1. Nerve Conduit
- 5.4.2. Nerve Protector
- 5.4.3. Nerve Connector
- 5.4.4. Nerve Wraps

Chapter 6. Global Peripheral Nerve Injuries Market, by Application

6.1. Market Snapshot
6.2. Global Peripheral Nerve Injuries Market by Application, Performance - Potential Analysis
6.3. Global Peripheral Nerve Injuries Market Estimates & Forecasts by Application 2020-2030 (USD Billion)
6.4. Peripheral Nerve Injuries Market, Sub Segment Analysis
- 6.4.1. Upper Extremities
- 6.4.2. Lower Extremities

Chapter 7. Global Peripheral Nerve Injuries Market, by Surgery

7.1. Market Snapshot
7.2. Global Peripheral Nerve Injuries Market by Surgery, Performance - Potential Analysis
7.3. Global Peripheral Nerve Injuries Market Estimates & Forecasts by Surgery 2020-2030 (USD Billion)
7.4. Peripheral Nerve Injuries Market, Sub Segment Analysis
- 7.4.1. Direct Nerve Repair
- 7.4.2. Nerve Grafting
- 7.4.3. Stem Cell Therapy

Chapter 8. Global Peripheral Nerve Injuries Market, Regional Analysis

8.1. Top Leading Countries
8.2. Top Emerging Countries
8.3. Peripheral Nerve Injuries Market, Regional Market Snapshot
8.4. North America Peripheral Nerve Injuries Market
- 8.4.1. U.S. Peripheral Nerve Injuries Market
  - 8.4.1.1. Product breakdown estimates & forecasts, 2020-2030
  - 8.4.1.2. Application breakdown estimates & forecasts, 2020-2030
  - 8.4.1.3. Surgery breakdown estimates & forecasts, 2020-2030
- 8.4.2. Canada Peripheral Nerve Injuries Market
8.5. Europe Peripheral Nerve Injuries Market Snapshot
- 8.5.1. U.K. Peripheral Nerve Injuries Market
- 8.5.2. Germany Peripheral Nerve Injuries Market
- 8.5.3. France Peripheral Nerve Injuries Market
- 8.5.4. Spain Peripheral Nerve Injuries Market
- 8.5.5. Italy Peripheral Nerve Injuries Market
- 8.5.6. Rest of Europe Peripheral Nerve Injuries Market
8.6. Asia-Pacific Peripheral Nerve Injuries Market Snapshot
- 8.6.1. China Peripheral Nerve Injuries Market
- 8.6.2. India Peripheral Nerve Injuries Market
- 8.6.3. Japan Peripheral Nerve Injuries Market
- 8.6.4. Australia Peripheral Nerve Injuries Market
- 8.6.5. South Korea Peripheral Nerve Injuries Market
- 8.6.6. Rest of Asia Pacific Peripheral Nerve Injuries Market
8.7. Latin America Peripheral Nerve Injuries Market Snapshot
- 8.7.1. Brazil Peripheral Nerve Injuries Market
- 8.7.2. Mexico Peripheral Nerve Injuries Market
8.8. Middle East & Africa Peripheral Nerve Injuries Market
- 8.8.1. Saudi Arabia Peripheral Nerve Injuries Market
- 8.8.2. South Africa Peripheral Nerve Injuries Market
- 8.8.3. Rest of Middle East & Africa Peripheral Nerve Injuries Market

Chapter 9. Competitive Intelligence

9.1. Key Company SWOT Analysis
- 9.1.1. Company 1
- 9.1.2. Company 2
- 9.1.3. Company 3
9.2. Top Market Strategies
9.3. Company Profiles
- 9.3.1. AxoGen, Inc.
  - 9.3.1.1. Key Information
  - 9.3.1.2. Overview
  - 9.3.1.3. Financial (Subject to Data Availability)
  - 9.3.1.4. Product Summary
  - 9.3.1.5. Recent Developments
- 9.3.2. Stryker
- 9.3.3. Baxter International, Inc.
- 9.3.4. Polyganics BV
- 9.3.5. Integra Lifesciences Corp.
- 9.3.6. Renerva, LLC.
- 9.3.7. Medovent GmbH
- 9.3.8. Toyobo Co., Ltd
- 9.3.9. Medtronic plc
- 9.3.10. Stryker Corporation

Chapter 10. Research Process

10.1. Research Process
- 10.1.1. Data Mining
- 10.1.2. Analysis
- 10.1.3. Market Estimation
- 10.1.4. Validation
- 10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Peripheral Nerve Injuries Market, report scope
TABLE 2. Global Peripheral Nerve Injuries Market estimates & forecasts by Region 2020-2030 (USD Billion)
TABLE 3. Global Peripheral Nerve Injuries Market estimates & forecasts by Product 2020-2030 (USD Billion)
TABLE 4. Global Peripheral Nerve Injuries Market estimates & forecasts by Application 2020-2030 (USD Billion)
TABLE 5. Global Peripheral Nerve Injuries Market estimates & forecasts by Surgery 2020-2030 (USD Billion)
TABLE 6. Global Peripheral Nerve Injuries Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 7. Global Peripheral Nerve Injuries Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 8. Global Peripheral Nerve Injuries Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 9. Global Peripheral Nerve Injuries Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 10. Global Peripheral Nerve Injuries Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 11. Global Peripheral Nerve Injuries Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 12. Global Peripheral Nerve Injuries Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 13. Global Peripheral Nerve Injuries Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 14. Global Peripheral Nerve Injuries Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 15. Global Peripheral Nerve Injuries Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 16. U.S. Peripheral Nerve Injuries Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 17. U.S. Peripheral Nerve Injuries Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 18. U.S. Peripheral Nerve Injuries Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 19. Canada Peripheral Nerve Injuries Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 20. Canada Peripheral Nerve Injuries Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 21. Canada Peripheral Nerve Injuries Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 22. UK Peripheral Nerve Injuries Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 23. UK Peripheral Nerve Injuries Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 24. UK Peripheral Nerve Injuries Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 25. Germany Peripheral Nerve Injuries Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 26. Germany Peripheral Nerve Injuries Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 27. Germany Peripheral Nerve Injuries Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 28. France Peripheral Nerve Injuries Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 29. France Peripheral Nerve Injuries Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 30. France Peripheral Nerve Injuries Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 31. Italy Peripheral Nerve Injuries Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 32. Italy Peripheral Nerve Injuries Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 33. Italy Peripheral Nerve Injuries Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 34. Spain Peripheral Nerve Injuries Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 35. Spain Peripheral Nerve Injuries Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 36. Spain Peripheral Nerve Injuries Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 37. RoE Peripheral Nerve Injuries Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 38. RoE Peripheral Nerve Injuries Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 39. RoE Peripheral Nerve Injuries Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 40. China Peripheral Nerve Injuries Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 41. China Peripheral Nerve Injuries Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 42. China Peripheral Nerve Injuries Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 43. India Peripheral Nerve Injuries Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 44. India Peripheral Nerve Injuries Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 45. India Peripheral Nerve Injuries Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 46. Japan Peripheral Nerve Injuries Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 47. Japan Peripheral Nerve Injuries Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 48. Japan Peripheral Nerve Injuries Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 49. South Korea Peripheral Nerve Injuries Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 50. South Korea Peripheral Nerve Injuries Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 51. South Korea Peripheral Nerve Injuries Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 52. Australia Peripheral Nerve Injuries Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 53. Australia Peripheral Nerve Injuries Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 54. Australia Peripheral Nerve Injuries Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 55. RoAPAC Peripheral Nerve Injuries Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 56. RoAPAC Peripheral Nerve Injuries Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 57. RoAPAC Peripheral Nerve Injuries Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 58. Brazil Peripheral Nerve Injuries Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 59. Brazil Peripheral Nerve Injuries Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 60. Brazil Peripheral Nerve Injuries Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 61. Mexico Peripheral Nerve Injuries Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 62. Mexico Peripheral Nerve Injuries Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 63. Mexico Peripheral Nerve Injuries Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 64. RoLA Peripheral Nerve Injuries Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 65. RoLA Peripheral Nerve Injuries Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 66. RoLA Peripheral Nerve Injuries Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 67. Saudi Arabia Peripheral Nerve Injuries Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 68. South Africa Peripheral Nerve Injuries Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 69. RoMEA Peripheral Nerve Injuries Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 70. List of secondary sources, used in the study of global Peripheral Nerve Injuries Market
TABLE 71. List of primary sources, used in the study of global Peripheral Nerve Injuries Market
TABLE 72. Years considered for the study
TABLE 73. Exchange rates considered

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

LIST OF FIGURES

FIG 1. Global Peripheral Nerve Injuries Market, research methodology
FIG 2. Global Peripheral Nerve Injuries Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Peripheral Nerve Injuries Market, key trends 2022
FIG 5. Global Peripheral Nerve Injuries Market, growth prospects 2023-2030
FIG 6. Global Peripheral Nerve Injuries Market, porters 5 force model
FIG 7. Global Peripheral Nerve Injuries Market, pest analysis
FIG 8. Global Peripheral Nerve Injuries Market, value chain analysis
FIG 9. Global Peripheral Nerve Injuries Market by segment, 2020 & 2030 (USD Billion)
FIG 10. Global Peripheral Nerve Injuries Market by segment, 2020 & 2030 (USD Billion)
FIG 11. Global Peripheral Nerve Injuries Market by segment, 2020 & 2030 (USD Billion)
FIG 12. Global Peripheral Nerve Injuries Market by segment, 2020 & 2030 (USD Billion)
FIG 13. Global Peripheral Nerve Injuries Market by segment, 2020 & 2030 (USD Billion)
FIG 14. Global Peripheral Nerve Injuries Market, regional snapshot 2020 & 2030
FIG 15. North America Peripheral Nerve Injuries Market 2020 & 2030 (USD Billion)
FIG 16. Europe Peripheral Nerve Injuries Market 2020 & 2030 (USD Billion)
FIG 17. Asia pacific Peripheral Nerve Injuries Market 2020 & 2030 (USD Billion)
FIG 18. Latin America Peripheral Nerve Injuries Market 2020 & 2030 (USD Billion)
FIG 19. Middle East & Africa Peripheral Nerve Injuries Market 2020 & 2030 (USD Billion)