Global Neuromodulation Devices Market, Forecast to 2027

Global Neuromodulation Devices Market, Forecast to 2027

Future Growth Potential Enhanced by Expanding Clinical Indications and Technological Advancements

This Frost & Sullivan research service analyzes the neuromodulation market, including the market landscape of major neuromodulation technologies and regions, and the market share of key participants. It also examines new applications, technologies, and trends in the industry. The study provides market estimates and forecasts from 2021 to 2027 and highlights new opportunities in neuromodulation devices, innovations, and unaddressed markets.

The neuromodulation devices market is highly competitive as new innovative technologies are constantly introduced and many new start-ups are entering through new application areas and disease indications. Furthermore, advances in sensing, neuroimaging, artificial intelligence, virtual care, and telemedicine are positively impacting market growth.

Major applications for neuromodulation technologies include deep brain stimulation, spinal cord stimulation, vagus nerve stimulation, sacral nerve stimulation, and cochlear implants, which are covered in this study, as are various neuromodulation techniques and devices are used for different disease areas—movement disorders, neurological diseases, and chronic pain, among others.