Neuroprosthetics Market To Reach USD 15.8 Billion By 2026
Market Summary
According to the current analysis of Reports and Data, the global Neuroprosthetics market was valued at USD 6.1 Billion in 2018 and is expected to reach USD 15.8 Billion by the year 2026, at a CAGR of 12.4%. The study covers Neuroprosthetics, neuroscience, and biomedical engineering discipline, concerned with developing neural prostheses. Neural prostheses are the assistive devices that can restore functions lost because of neural damage by substituting motor, sensory, or cognitive modality. Growing healthcare awareness all over the globe, rising prevalence of chronic diseases, rise in the number of patients with nerve injuries and neurological diseases, an increasing number of road mishaps and accidents elevating the number of amputation cases, and rising hearing loss incidences, are some of the key factors propelling Neuroprosthetics market growth in the industry.
Market Summary Our Approach According to the World Health Organization, cancer is the second leading cause of death in the world and is responsible for about 9.6 million deaths in 2018. Worldwide, approximately one in six deaths are due to cancer. With an increase in the number of cancer cases, the demand is expected to increase with a high CAGR. In addition to cancer, other health issues such as Crohn's disease, ischemic bowel disease, and increased prevalence of chronic diseases have increased adoption provide patients with essential nutrients. These nutrients are vital for maintaining high levels of energy, hydration, and strength. Besides, the growing gap between needs and the actual absorption of essential nutrients into the body is fueling up the industry. Increase in geriatric population has led to an increase in the number of patients being admitted in the healthcare institutions and hospital eventually increasing the demand. Growing awareness and rise in disposable income has led to an increased adoption. Rising metabolic disorders and chronic illness is expected to further drive the growth of the industry. Request for a sample of this research report @ https://www.reportsanddata.com/sample-enquiry-form/2304
Market Summary Our Approach
Key participants - Second Site, Boston Scientific Corporation, Medtronic, Inc., Neuropace, Cochlear Limited, Abbott, Sonova, NeuroPace, Inc., Cyberonics, Inc., and Nervo Corp. For the purpose of this report, Reports and Data has segmented the Neuroprosthetics market on the basis of nutrient type, consumer type, end use, and region: Type (Revenue, USD Million; 2016–2026) Motor Prosthetics Auditory Prosthetics/Cochlear Implants Cognitive Prosthetics Visual Prosthetics/Retinal Implants Technology Type (Revenue, USD Million; 2016–2026) Deep Brain stimulation Vagus Nerve stimulation Spinal Cord stimulation
Market Summary Our Approach Application Type (Revenue, USD Million; 2016–2026) Motor Neuron Disorders Parkinson’s Disease Epilepsy Physiological Disorders Get discount, click here: https://www.reportsanddata.com/discount-enquiry-form/2304 Regional Outlook (Revenue in USD Million; 2016–2026) North America (United States, Canada and Mexico) Europe (Germany, France, UK, Russia and Italy) Asia-Pacific (China, Japan, Korea, India and Southeast Asia) South America (Brazil, Argentina, Colombia)
Market Summary Our Approach Key points from Table of Content: Chapter 1. Market Synopsis
Chapter 2. Executive Summary Chapter 3. Indicative Metrics Chapter 4. Neuroprosthetics Segmentation & Impact Analysis Chapter 5. Neuroprosthetics Market By Product Type Insights & Trends Chapter 6. Neuroprosthetics Market By Application Insights & Trends‌Continued Get full Report: https://www.reportsanddata.com/report-detail/neuroprosthetics-market
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