Dallas, TX, February 17, 2017 --(PR.com
)-- Global Nerve Regeneration and Repair market is expected to reach USD 18.2 billion by 2024 from USD 7.5 billion in 2016, at a CAGR of 11.7% in the forecast period 2017 to 2024. The new market report contains data for historic years 2014 & 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
The nerve regeneration and repair market is segmented into based on product type, indication, end-user and geography.
On the basis of product types the market is segmented into 2 types of biomaterial and neurostimulation segments. The neurostimulation segment dominates the market and is further classified into internal and external neurostimulation devices. Internal neurostimulation devices is further segmented into spinal cord stimulator (SCS), deep brain stimulator (DBS), vagus nerve stimulator (VNS), sacral nerve stimulator (SNS) and gastric nerve stimulator (GNS).
The market is further segmented based on indications into failed back surgery syndrome, conditional regional pain syndrome, eschemia, Parkinson’s disease, Alzheimer’s, urinary incontinence, faecal incontinence, epilepsy, gastroparesis, nerve repair, nerve grafting and others.
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Based on geography the nerve regeneration and repair market is segmented into 6 geographical regions, North America, Europe, Asia-Pacific, South America and rest of the world. The geographical regions are further segmented into 24 major countries such as U.S., Canada, Mexico, Germany, France, U.K., Belgium, Switzerland, Belgium, Turkey, Japan, China, Singapore, Brazil, India, Russia, South Africa and many others.
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Some of the major players operating in this market are AxoGen, Inc., Boston Scientific Corporation, Alafair Biosciences, BioControl Medical, Medtronic, AxoGen Inc., Boston Scientific Corporation, Baxter International, Checkpoint Surgical Inc., St. Jude Medical, Inc., Integra Lifesciences Corporation, Nevro Corporation, Orthomed S.A.S., Collagen Matrix, Inc., Cyberonics, Inc. Polyganics B.V. and Stryker Corporation among other companies.
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