PUBLISHER: The Business Research Company | PRODUCT CODE: 1946950
PUBLISHER: The Business Research Company | PRODUCT CODE: 1946950
Peripheral nerve repair devices are medical tools and implants used to restore the function of damaged or severed peripheral nerves. These devices, which include nerve conduits, wraps, and grafts, promote nerve regeneration by providing a supportive scaffold and protecting the repair site to aid in recovery.
The primary types of peripheral nerve repair devices include nerve grafts, nerve protectors, and nerve conduits. Nerve grafts involve using a piece of nerve tissue to repair or replace damaged nerves, aiding in the reconnection and regrowth of nerve fibers. These grafts are used in various applications, such as extremity trauma, breast neurotization, carpal and cubital tunnel revision, and oral and maxillofacial procedures. They are typically used in hospitals, ambulatory surgical centers, and clinics.
Tariffs have influenced the peripheral nerve repair devices market by increasing costs of biomaterials and imported surgical components. Synthetic grafts and advanced conduits are most affected, particularly in North America and Europe. While tariffs have raised device costs, they have also encouraged local biomaterial production and innovation in cost-effective nerve repair solutions.
The peripheral nerve repair devices market research report is one of a series of new reports from The Business Research Company that provides peripheral nerve repair devices market statistics, including peripheral nerve repair devices industry global market size, regional shares, competitors with a peripheral nerve repair devices market share, detailed peripheral nerve repair devices market segments, market trends and opportunities, and any further data you may need to thrive in the peripheral nerve repair devices industry. This peripheral nerve repair devices market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The peripheral nerve repair devices market size has grown strongly in recent years. It will grow from $6.67 billion in 2025 to $7.24 billion in 2026 at a compound annual growth rate (CAGR) of 8.5%. The growth in the historic period can be attributed to increase in trauma injuries, growth in reconstructive surgeries, adoption of nerve grafting, orthopedic surgery expansion, microsurgical advancements.
The peripheral nerve repair devices market size is expected to see strong growth in the next few years. It will grow to $9.96 billion in 2030 at a compound annual growth rate (CAGR) of 8.3%. The growth in the forecast period can be attributed to bioengineered nerve scaffolds, regenerative medicine growth, aging population nerve disorders, robotic-assisted surgeries, innovation in synthetic grafts. Major trends in the forecast period include biodegradable nerve conduits, advanced nerve regeneration materials, minimally invasive nerve repair, customized nerve graft solutions, improved surgical handling designs.
The growing prevalence of neurological disorders is anticipated to drive the expansion of the peripheral nerve repair devices market in the coming years. Neurological disorders encompass a range of conditions that impact the brain, spinal cord, and nerves, resulting in difficulties with movement, cognition, and other neurological functions. Factors such as an aging population, improved diagnostic techniques, environmental influences, genetic predispositions, and lifestyle habits such as poor diet and lack of exercise contribute to the rising incidence of these conditions. Peripheral nerve repair devices support the treatment of neurological disorders by fostering nerve regeneration, improving functionality, and promoting healing through methods such as electrical stimulation and bioactive materials. For example, in May 2024, the Alzheimer's Society, a UK-based dementia charity, reported that around one million people in the UK were living with dementia in 2024, a number projected to rise to 1.4 million by 2040. As a result, the increasing prevalence of neurological disorders is fueling growth in the peripheral nerve repair devices market.
Major companies operating in the peripheral nerve repair devices market are increasingly emphasizing innovation, such as sutureless nerve-coaptation technologies, to enhance surgical efficiency and improve nerve-regeneration outcomes. Sutureless nerve-coaptation devices allow for the alignment and stabilization of severed nerve ends without the use of microsutures, instead utilizing microhooks, adhesives, or mechanical clips to minimize tissue trauma and reduce operative time. For example, in June 2024, BioCircuit Technologies, a US-based medical device company, reported the first human implants of Nerve Tape, a sutureless nerve-repair device that incorporates a resorbable SIS backing with embedded nitinol microhooks to facilitate rapid and precise coaptation of peripheral nerves and streamline repair procedures. This innovation aims to lower the technical complexity and duration of nerve-repair surgeries, providing surgeons with a more consistent alternative to traditional suturing methods. The early clinical application of Nerve Tape also underscores ongoing advancements in regenerative technologies focused on enhancing functional recovery for patients with peripheral nerve injuries.
In January 2024, RTI Surgical, a US-based contract development and manufacturing organization (CDMO), acquired Cook Biotech Incorporated for an undisclosed sum. Through this acquisition, RTI Surgical seeks to expand its regenerative medicine and biomaterials capabilities while broadening its soft-tissue product portfolio. Cook Biotech Inc. is a US-based company that develops porcine small intestinal submucosa (SIS) extracellular matrix products used in peripheral nerve repair and other soft-tissue reconstruction applications.
Major companies operating in the peripheral nerve repair devices market are Abbott Laboratories Inc., Medtronic Plc, Stryker Corporation, Baxter International Inc., Boston Scientific Corporation, Terumo Corporation, Teleflex Incorporated, Integra LifeSciences Holdings Corporation, LivaNova PLC, Nevro Corp., KLS Martin Group, Axonics Modulation Technologies Inc., Axogen Corporation, Toyobo Co. Ltd., NeuroPace Inc., SPR Therapeutics Inc., Biotronik, Neuraptive Therapeutics Inc., Synovis Micro Companies Alliance Inc., Synapse Biomedical Inc.
Asia-Pacific was the largest region in the peripheral nerve repair devices market in 2025. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the peripheral nerve repair devices market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the peripheral nerve repair devices market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain
The peripheral nerve repair devices market consists of sales of products including nerve conduits, nerve wraps, nerve grafts, and synthetic nerve scaffolds. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Peripheral Nerve Repair Devices Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses peripheral nerve repair devices market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for peripheral nerve repair devices ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The peripheral nerve repair devices market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
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