Press release
Neuroprosthetics Market to reach USD 69.03 billion by 2031
The global neuroprosthetics market size was valued at USD 24.03 billion in 2023 and is projected to reach USD 69.03 billion by 2031, with a CAGR of 14.1% during the forecast period of 2024 to 2031. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
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Market Overview:
Neuroprosthetics involves the development and application of devices that interface with the nervous system to restore lost sensory or motor functions. These devices can range from brain implants to artificial limbs, aiming to enhance the quality of life for individuals with disabilities.
Some of the major players operating into the Boston Scientific Corporation (U.S.), Zimmer Biomet (U.S.), Cochlear Ltd. (Australia), Medtronic (U.S.), NDI Medical, LLC (U.S.), NeuroPace, Inc. (U.S.), NEVRO CORP (U.S.), Abbott (U.S.), Sonova (Switzerland), CorTec GmbH (Germany), Neuro Device Group S.A. (Poland), LivaNova PLC (U.K.), and MED-EL Medical Electronics (Austria)
Global Neuroprosthetics Market Scope
The market is segmented on the basis of type, technique, application and end user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
Output Neural Prosthetics
oCognitive Prosthetics
oMotor Prosthetics
Input Neural Prosthetics
oCochlear Implant
oVisual Prosthetics
Technique
Deep Brain Stimulation
Vagus Nerve Stimulation
Spinal Cord Stimulation
Sacral Nerve Stimulation
Application
Motor Neuron Disorders
oParkinson's disease
oEpilepsy
Physiological Disorders
oAuditory Disorders
oOphthalmic Disorders
oNeurocardiac Disorders
oOver Active Bladder Syndrome
Cognitive Disorders
oAlzheimer's disease
oSevere Depression
oParalysis
End User
Hospitals
Clinics
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Table of Content:
Part 01: Executive Summary
Part 02: Scope of the Report
Part 03: Global Neuroprosthetics Market Landscape
Part 04: Global Neuroprosthetics Market Sizing
Part 05: Global Neuroprosthetics Market Segmentation By Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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Data Bridge Market Research
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