OnlineBusinessBureau.com
We are not the Better Business Bureau. We're better!
 
   About Us
   Our Ratings
   Look up a Company
   File a Complaint
   Complaint Resolution
     Center
   Resources
   Membership - Join Now!
   Member Login
   Testimonials
   Contact Us

1,846,406 companies
in our database.

Join our weekly
Consumer Fraud
Alert Newsletter



Our members proudly
display this seal!

News Releases

Back

Global Neuroprosthetics Market is Expected to Reach $14 Billion by 2020

Global Neuroprosthetics Market (Product Types, Technology, Application, and Geography) – Size, Share, Global Trends, Company Profiles, Demand, Insights, Analysis, Research, Report, Opportunities, Segmentation and Forecast, 2013 – 2020″”, the global neuroprosthetics market is expected to reach $14 billion by 2020, registering a CAGR of 15.8% from 2014 to 2020. High growth segments such as Visual neuroprosthetics/retinal implants and applications such as Parkinson’s disease, Overactive Bladder Syndrome and Epilepsy are expected to contribute substantially to the growth of the overall global Neuroprosthetics market. Motor Prosthetics holds the largest share within Neuroprosthetics devices market segment whereas Sacral Cord Stimulation (SCS) would maintain the leading market position through 2020, within technology segment.Multitude of cognitive and physiological disorders have a debilitating impact on ‘quality-of-life’ of affected patient populace. A majority (~80%) of such patients are unamenable to any form of treatment as first line (drug) and second line (invasive surgeries) treatments fail. Neuroprosthetics devices or neural implants or brain implants offer an efficacious solution to the afore-mentioned type of patients. Neuroprosthetics deploy technologies such as Deep Brain Simulation (DBS), Vagus Nerve Stimulation (VNS), Spinal Cord Stimulation (SCS) and Sacral Nerve Stimulation (SNS) depending on the clinical condition to ameliorate the disease condition. Depending on the condition treated, product types of Neuroprosthetics include Motor Prosthetics, Auditory Prosthetics/ Cochlear Implants, Visual Prosthetics/ Retinal implants and Cognitive Prosthetics. Owing to various factors such as high base of affected patient population, the patient population amenable to Neuroprosthetics and scope of improvement in QALY, the Motor Neuroprosthetics market for treating Parkinson’s disease garners the largest market share; Motor Neuroprosthetics for treating Overactive Bladder Syndrome and Motor Neuroprosthetics for treating Epilepsy are second and third largest segment respectively. Despite such benefits that are high-impact growth drivers for the market, high-cost of devices curtail the adoption rate by patients, thus restrain the market growth.

Key findings of the study: 

Global market for Neuroprosthetics gaining traction with Visual Prosthetics/ Retinal implants and Motor Neuroprosthetics (for treating Parkinson’s disease) being major growth arenas during the forecast period (2014 – 2020)
Within Neuroprosthetics devices market, Visual Prosthetics/ Retinal implants is the fastest growing segment
Within Neuroprosthetics devices, Motor Neuroprosthetics segment would garner the largest market share, owing to numerous applications such as Parkinson’s disease, Neurocardiac disorders, Over Active Bladder syndrome and Epilepsy
North America would be the lucrative market, both in terms of market size and growth, (among all regional markets)”

Request for sample of this research report:

http://www.gosreports.com/global-neuroprosthetics-industry-2015-market-research-report/

More related reports?

http://www.gosreports.com/global-neuroprosthetics-market-product-types-technology-application-and-geography-size-share-global-trends-company-profiles-demand-insights-analysis-research-report-opportunities-segm/

For any enquires before buying, connect with us @ info@gosreports.com

About Gosreports?
Gos International Inc. is one of the leading distributors of market research reports in the world today. We host more than 40,000 research products from the world’s top publication houses.
Our web-based platform offers an unmatched collection of market research reports, company reviews, databooks, articles, periodical publications, databases, and much more, delivered by the successful and well-established publishers with whom we are currently in partnership.

Contacts Us
Joanna | Executive - International Business and partner Relations
E-mail:info@gosreports.com | Tel: 001-510-400-8520
Web: www.gosreports.com


Credit Secrets Bible

Get Paid for
Doing Surveys





The Online Business Bureau -- 21441 Pacific Boulevard -- Suite 200 -- Sterling, VA 20166 -- 202-558-5282
News Releases |  News Articles |  Financial Calculators |  Contact Us |  Privacy Policy | Terms of Use & Legal Notice
Copyright © 2017 Online Business Bureau, L. C.. All Rights Reserved.
We are not affiliated with the Council of Better Business Bureaus, Inc.