The Global Neuroprosthetics Market is segmented on the lines of its
type, technique, application and regional. Based on type segmentation it
covers Output Neural Prosthetics (Motor Prosthetics, Cognitive
Prosthetics), Input Neural Prosthetics (Cochlear Implants, Bionic
Eye/Retinal Implants). Based on technique analysis it includes Spinal
Cord Stimulation, Deep Brain Stimulation, Vagus Nerve Stimulation,
Sacral Nerve Stimulation, Transcranial magnetic Stimulation. On the
basis application Motor Neural Prosthetics (Parkinson’s Disease,
Epilepsy), Physiological Disorders (Auditory processing Disorders,
Ophthalmic Disorders, Cardiovascular Disorders, Urology Disorders),
Cognitive Disorders(Alzheimer’s Disease, Paralysis). The Global
Neuroprosthetics Market on geographic segmentation covers various
regions such as North America, Europe, Asia Pacific, Latin America,
Middle East and Africa. Each geographic market is further segmented to
provide market revenue for select countries such as the U.S., Canada,
U.K. Germany, China, Japan, India, Brazil, and GCC countries.

How Big is The Global Neuroprosthetics Market?

The Global Neuroprosthetics Market is expected to be around US$
15 Billion by 2027 at a CAGR of 12.4% in the given forecast period.

Report scope:

The scope of the report includes a detailed study of global and
regional markets on Neuroprosthetics Market with the reasons given for
variations in the growth of the industry in certain regions.

 

The report covers detailed competitive outlook including the market
share and company profiles of the key participants operating in the
global market. Key players profiled in the report include Boston
Scientific (US), Abbott Laboratories (US), Secong Sight (US), Medtronic
(US), LivaNova (UK), Med-El, Sonova, Neuropace, NDI Medical and Cochlear
(Australia). Company profile includes assign such as company summary,
financial summary, business strategy and planning, SWOT analysis and
current developments.

 

The Top Companies Report is intended to provide our buyers with a snapshot of the industry’s most influential players.

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The Global Neuroprosthetics Market has been segmented as below:

By Type Analysis:

• Output Neural Prosthetics
  
  • Motor Prosthetics
  • Cognitive Prosthetics
• Input Neural Prosthetics
  
  • Cochlear Implants
  • Bionic Eye/Retinal Implants

By Technique Analysis:

• Spinal Cord Stimulation
• Deep Brain Stimulation
• Vagus Nerve Stimulation
• Sacral Nerve Stimulation
• Transcranial magnetic Stimulation

By Application Analysis:

• Motor Neural Prosthetics
  
  • Parkinson’s Disease
  • Epilepsy
• Physiological Disorders
  
  • Auditory processing Disorders
  • Ophthalmic Disorders
  • Cardiovascular Disorders
  • Urology Disorders
• Cognitive Disorders
  
  • Alzheimer’s Disease
  • Paralysis

By Regional Analysis:

• North America
• Europe
• Asia-Pacific
• Rest of the World

This report provides:

1) An overview of the global market for Neuroprosthetics Market and related technologies.

2) Analyses of global market trends, with data from 2019, estimates for
2020 and 2021, and projections of compound annual growth rates (CAGRs)
through 2027.

3) Identifications of new market opportunities and targeted promotional plans for Global Neuroprosthetics Market.

4) Discussion of research and development, and the demand for new products and new applications.

5) Comprehensive company profiles of major players in the industry.

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The major driving factors of Global Neuroprosthetics Market are as follows:

• Growing number of patients suffering from neurological disorders and nerve injury
• Diabetes prevalence is growing
• Rising incidence of loss of hearing
• Emerging economies are having higher growth opportunities
• Growth in cases related to amputation due to the increasing number of injuries & accidents

The restraining factors of Global Neuroprosthetics Market are as follows:

• Lack of trained professionals
• Substitute and alternative treatment options are available
• Improper reimbursement policy and high cost of neuroprosthetics

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