Global Neurostimulation Devices Market Anlysis by P&S Market Research
Based on type of devices, the implantable/internal devices segment is expected to witness the fastest growth during the forecast period. Among the various applications, the pain management segment accounted for the largest share in the global market in 2014; and the segment is expected to witness the fastest growth, with 13.5% CAGR during the 2015 – 2020.
Based on type of devices, the implantable/internal devices segment is expected to witness the fastest growth during the forecast period. Among the various applications, the pain management segment accounted for the largest share in the global market in 2014; and the segment is expected to witness the fastest growth, with 13.5% CAGR during the 2015 – 2020.
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<strong>Global</strong> <strong>Neurostimulation</strong> <strong>Devices</strong> <strong>Market</strong> is Expected to Grow with 13% CAGR<br />
during 2015 – 2020<br />
The global neurostimulation devices market was valued at $5,027.7 million in 2014, and it is expected to grow<br />
with a CAGR of 12.7% during the period 2015 - 2020. The global market is increasing, due to growing geriatric<br />
population and increasing incidence of neurological disorders. In addition, the growing awareness about mental<br />
diseases and their treatment, increasing research and development investments, and growing demand of<br />
minimally invasive treatments is encouraging the growth of the global neurostimulation devices market.<br />
Based on type of devices, the implantable/internal devices segment is expected to witness the fastest growth<br />
during the forecast period. Among the various applications, the pain management segment accounted for the<br />
largest share in the global market in 2014; and the segment is expected to witness the fastest growth, with 13.5%<br />
CAGR during the 2015 – 2020.<br />
Explore Report Description with Detailed TOC at: https://www.psmarketresearch.com/marketanalysis/neurostimulation-devices-market<br />
The information and data in the publication “<strong>Global</strong> <strong>Neurostimulation</strong> devices <strong>Market</strong> Size, Share,<br />
Development, Growth and Demand Forecast to 2020” represent the research and analysis of data from<br />
various primary and secondary sources. The bottom-up approach has been used to calculate the size of the<br />
global <strong>Neurostimulation</strong> devices market <strong>by</strong> type of devices and application. The market numbers for countries are<br />
obtained through top-down approach. P&S <strong>Market</strong> <strong>Research</strong> analysts and consultants interacted with the<br />
authorities from leading companies of the concerned domain, to substantiate every value of data presented in this<br />
report. The company bases its primary research on discussions with prominent professionals and analysts in the<br />
industry, which is followed <strong>by</strong> informed and detailed, online and offline research.<br />
The aging population is playing a key role in the growth of the global neurostimulation devices market. The elderly<br />
people are more susceptible to chronic pain and neurological disorders, such as Alzheimer’s disease, epilepsy,<br />
and Parkinson’s disease, as compared to adults. According to the National Institutes of Health (NIH), an<br />
organization that conducts and supports medical research activities across the world, about 75% to 85% of older<br />
people in elderly care facilities suffer from chronic pain, which is boosting the demand of <strong>Neurostimulation</strong><br />
devices.<br />
Ask For Sample Pages: https://www.psmarketresearch.com/market-analysis/neurostimulation-devicesmarket/report-sample<br />
TABLE OF CONTENT<br />
Chapter 1. <strong>Research</strong> Scope & Methodology<br />
1.1 <strong>Market</strong> Definition<br />
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