Sacral Nerve Stimulation Devices
Global Sacral Nerve Stimulation (SNS) Devices Market to Reach $1.8 Billion by 2027
In the changed post COVID-19 business landscape, the global market for Sacral Nerve Stimulation (SNS) Devices estimated at US$870.3 Million in the year 2020, is projected to reach a revised size of US$1.8 Billion by 2027, growing at aCAGR of 10.7% over the period 2020-2027. Implantable, one of the segments analyzed in the report, is projected to record 11.1% CAGR and reach US$1.6 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the External segment is readjusted to a revised 7.3% CAGR for the next 7-year period.
The U.S. Market is Estimated at $239.1 Million, While China is Forecast to Grow at 14.6% CAGR
The Sacral Nerve Stimulation (SNS) Devices market in the U.S. is estimated at US$239.1 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$365.6 Million by the year 2027 trailing a CAGR of 14.5% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 8% and 8.9% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 8.5% CAGR.
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