This Neuromodulation in Epilepsy Market research report contains a complete background analysis of the industry, which includes an assessment of the parental market. All the statistical and numerical that have been forecasted in this report is represented with the help of graphs, charts, or tables which makes this report more user-friendly. This Neuromodulation in Epilepsy Market report contains a thorough description, competitive scenario, wide product portfolio of key vendors, and business strategy adopted by competitors along with their SWOT analysis and porter’s five force analysis. Whether it is about renewing a business plan, preparing a presentation for a key client, or giving recommendations to an executive, this Neuromodulation in Epilepsy Market report will surely help you to a degree.
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Global neuromodulation in epilepsy market was valued at US$ 1365.89 million in 2022 and is expected to reach US$ 3410.12 million by 2030, growing at an estimated CAGR of 10.71% over the forecast period. Abbott Laboratories, Boston Scientific Corporation, LivaNova PLC, Medtronic, NeuroPace, Inc. amongst others.
Neuromodulation in Epilepsy Market:
By Therapy Type
- Vagus Nerve Stimulation (VNS)
- Deep Brain Stimulation (DBS)
By Magnetic Stimulation Technique
- Single pulse
- Repeated pulse
- North America
- Rest of North America
- The UK
- Nordic Countries
- Benelux Union
- The Netherlands
- Rest of Europe
- Asia Pacific
- New Zealand
- South Korea
- Southeast Asia
- Rest of Southeast Asia
- Rest of Asia Pacific
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
- Latin America
- Rest of Latin America
Neuromodulation for epilepsy is considered to be an alternative to traditional epilepsy surgical approaches. The same can be bifurcated into two types which is invasive and non-invasive. The U.S. Food and Drug Administration (FDA) granted approval for the use of Deep Brain Stimulation (DBS) therapy by Medtronic as a treatment option for focal epilepsy. Approximately one million people in the United States suffer from uncontrolled epilepsy. It has been duly reported that the total number of seizures decreased by 40% in people who received DBS treatment compared to 15% for those who did not receive DBS treatment. Research and development activities are being undertaken to incorporate seizure forecasting and responsive stimulation into DBS for epilepsy. A project assisted through the NIH BRAIN Initiative Public-Private Partnership Program is expected to conduct clinical research using industry-supplied cutting-edge devices.
Rising demand for minimally invasive procedures is expected to aid the overall neuromodulation in epilepsy market. Non-invasive vagus nerve stimulation devices which do not require surgical implantation have been approved in the European Union to treat epilepsy. A company named LivaNova, a London-based medical medical device manufacturer received an approval for its responsive epilepsy treatment system. Single-pulse and paired-pulse TMS techniques are commonly used to quantify levels of inhibition and cortical excitability. However, their interside and longitudinal intraindividual variability is lower. The recent technological and methodological advances particularly in this field has aided the patients suffering from epilepsy disorders in the recent past and is expected to continue the same trend over the forecast period. The treatment is primarily offered to people who have not responded properly to drug treatment, thus, improving and restoring their overall quality of life.
Key Questions Answered with this Study
1) What makes Neuromodulation in Epilepsy Market feasible for long term investment?
2) Know value chain areas where players can create value?
3) Teritorry that may see steep rise in CAGR & Y-O-Y growth?
4) What geographic region would have better demand for product/services?
5) What opportunity emerging territory would offer to established and new entrants in Neuromodulation in Epilepsy market?
6) Risk side analysis connected with service providers?
7) How influencing factors driving the demand of Neuromodulation in Epilepsy in next few years?
8) What is the impact analysis of various factors in the Neuromodulation in Epilepsy market growth?
9) What strategies of big players help them acquire share in mature market?
10) How Technology and Customer-Centric Innovation is bringing big Change in Neuromodulation in Epilepsy Market?
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