Global Implantable Neurostimulators Market Size & Outlook
Global implantable neurostimulators market, 2016-2027 (US$M)
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Global implantable neurostimulators market highlights
- The global implantable neurostimulators market generated a revenue of USD 5,077.0 million in 2020 and is expected to reach USD 11,033.7 million by 2027.
- The market is expected to grow at a CAGR (2021 - 2027) of 11.7% by 2027.
- In terms of segment, spinal cord stimulator accounted for a revenue of USD 2,648.7 million in 2020.
- Sacral Nerve Stimulator is the most lucrative type segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2020.
- Country-wise, U.S. is expected to register the highest CAGR from 2021 to 2027.
Global data book summary
| Market revenue in 2020 | USD 5,077.0 million |
| Market revenue in 2027 | USD 11,033.7 million |
| Growth rate | 11.7% (CAGR from 2020 to 2027) |
| Largest segment | Spinal cord stimulator |
| Fastest growing segment | Sacral Nerve Stimulator |
| Historical data covered | 2016 - 2019 |
| Base year for estimation | 2020 |
| Forecast period covered | 2021 - 2027 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Spinal Cord Stimulator, Deep Brain Stimulator, Sacral Nerve Stimulator, Vagus Nerve Stimulator, Gastric Electric Stimulator |
Other key industry trends
- In terms of revenue, the North America accounted for 49.0% of the global implantable neurostimulators market in 2020.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2027.
- By country, U.S. is the fastest growing regional market and is projected to reach USD 4,544.1 million by 2027.
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Implantable Neurostimulators Market Scope
Implantable Neurostimulators Market Companies
| Name | Profile | # Employees | HQ | Website |
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Global implantable neurostimulators market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to implantable neurostimulators market will help companies and investors design strategic landscapes.
spinal cord stimulator was the largest segment with a revenue share of 52.17% in 2020. Horizon Databook has segmented the Global implantable neurostimulators market based on spinal cord stimulator, deep brain stimulator, sacral nerve stimulator, vagus nerve stimulator, gastric electric stimulator covering the revenue growth of each sub-segment from 2016 to 2027.
- Global Implantable Neurostimulators Type Outlook (Revenue, USD Million, 2016-2027)
- Spinal Cord Stimulator
- Deep Brain Stimulator
- Sacral Nerve Stimulator
- Vagus Nerve Stimulator
- Gastric Electric Stimulator
- Global Implantable Neurostimulators Application Outlook (Revenue, USD Million, 2016-2027)
- Pain Management
- Epilepsy
- Urinary and Fecal Incontinence
- Gastroparesis
- Others
- Parkinson's Disease
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Horizon Databook provides a detailed overview of global-level data and insights on the Global implantable neurostimulators market, including forecasts for subscribers. This global databook contains high-level insights into Global implantable neurostimulators market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
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Global implantable neurostimulators market statistics, by regions, 2016-2027 (US$M)
Top 10 countries: Implantable neurostimulators market size, 2020 (USD Million)
Top 10 countries: Implantable neurostimulators market size, 2020 (USD Million)
Global implantable neurostimulators market, by region, 2020 (US$M)
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