A rising number of peripheral and neurological failures, increasing investments into RD for the nerve repair and regeneration procedures, a well-established healthcare industry in developed nations, rising number of government healthcare initiatives across the world in emerging economies are key factors contributing to high CAGR of Nerve Repair and Regeneration during the forecast period.
the global Nerve Repair and Regeneration market was valued at USD 7.78 Billion in 2018 and is expected to reach USD 17.90 Billion by year 2026, at a CAGR of 10.9%. The complex and delicate structures of the nervous system are susceptible to many diseases. Alzheimer’s, Parkinson’s, amyotrophic lateral sclerosis, multiple sclerosis, and multiple system atrophy are some diseases for which several cases are being reported all over the world every year. Thus, there is a rising demand for efficient nerve repair and regeneration systems across the globe. Growing patient awareness about such procedures and a healthy healthcare investment by governments are driving factors for this market. However, stringent regulatory requirements along with the high cost of related equipment pose a challenge for the growth of this market.
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The report initially offers market introduction, market overview, product scope, market opportunities, growth prospects, risks, limitations, and key drivers. The report also covers a comprehensive analysis of the competitive landscape with extensive profiling of the key competitors. It covers recent technological advancements, product developments, product launches, mergers and acquisitions, collaborations, joint ventures, and partnerships.
Key Companies in the market include:
AxoGen Inc., Baxter International Inc., Boston Scientific Corporation, Livanova PLC (Cyberonics Inc.), Medtronic PLC, Abbott Laboratories (St. Jude Medical, Inc.), Integra Lifesciences Holding Corporation, Orthod Group Ltd., Polyganics B.V., Stryker Corporation, Cyberonics Inc.
Regional segmentation comprises of a current and forecast estimation of the market in the key geographical regions such as North America, Europe, Asia Pacific, Latin America, and Middle East Africa. The report also covers the scope of individual applications and types in each region. The report also covers details about production and consumption patterns, technological developments, revenue growth, market size, market share, key trends and demands influencing market growth in the region, and robust presence of key players in the region.
Market segment analysis:
Surgery Type (Revenue, USD Million; 2016–2026)
- Direct Neuropathy
- epineural repair
- perineural repair
- group fascicular repair
- Nerve Grafting
- Neuromodulation Surgery
- Stem Cell Therapy
Product Type (Revenue, USD Million; 2016–2026)
- Nerve conduits
- Nerve protectors
- Nerve wraps
- Nerve connectors
- Neuromodulation Surgery Devices
- Transcutaneous Electrical Nerve Stimulation
- Transcranial Magnetic Stimulation
- Spinal Cord Stimulation
- Deep Brain Stimulation
- Sacral Nerve Stimulation
- Vagus Nerve Stimulation
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Regional analysis further covers a country-wise analysis to offer insights into key trends and demands in each major country that might affect the growth of the market in the region.
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of APAC
- Latin America
- Rest of LATAM
- Middle East Africa
- Saudi Arabia
- South Africa
- Rest of MEA
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Key Features of the Global Nerve Repair and Regeneration Market Report:
- Comprehensive analysis of the key players operating in the market along with their SWOT analysis, their business profiles, business overview, market share, global position, and market value
- Identification and analysis of significant trends and factors driving revenue growth of the market
- Analysis of the competitive landscape along with strategic mergers, expansions, agreements, partnerships, joint ventures, acquisitions, and product launches
- Assessment of each market segment along with their growth trends and market revenue contribution
- Study of the key regions to pinpoint growth potential and study opportunities, threats, limitations, and risks
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