North America Implantable Neurostimulators Market Size & Outlook
North America implantable neurostimulators market, 2016-2027 (US$M)
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North America implantable neurostimulators market highlights
- The North America implantable neurostimulators market generated a revenue of USD 2,485.7 million in 2020.
- The market is expected to grow at a CAGR of 11.1% from 2021 to 2027.
- In terms of segment, spinal cord stimulator was the largest revenue generating type in 2020.
- Sacral Nerve Stimulator is the most lucrative type segment registering the fastest growth during the forecast period.
- Country-wise, Canada is expected to register the highest CAGR from 2021 to 2027.
North America data book summary
| Market revenue in 2020 | USD 2,485.7 million |
| Market revenue in 2027 | USD 5,190.2 million |
| Growth rate | 11.1% (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 |
| Key market players worldwide | Abbott Laboratories, Medtronic PLC, Boston Scientific Corp, Nevro Corp, LivaNova PLC, NeuroPace Inc, Aleva Neurotherapeutics, Synapse Biomedical |
Other key industry trends
- In terms of revenue, North America region accounted for 49.0% of the global implantable neurostimulators market in 2020.
- Globally, North America is projected to lead the regional market in terms of revenue in 2027.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 1,642.9 million by 2027.
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Implantable Neurostimulators Market Scope
Implantable Neurostimulators Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
North America 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 53.09% in 2020. Horizon Databook has segmented the North America 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.
- North America Implantable Neurostimulators Type Outlook (Revenue, USD Million, 2016-2027)
- Spinal Cord Stimulator
- Deep Brain Stimulator
- Sacral Nerve Stimulator
- Vagus Nerve Stimulator
- Gastric Electric Stimulator
- North America 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 continent-level data and insights on the North America implantable neurostimulators market, including forecasts for subscribers. This continent databook contains high-level insights into North America implantable neurostimulators market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
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North America implantable neurostimulators market size, by country, 2016-2027 (US$M)
North America Implantable Neurostimulators Market Share, 2020 & 2027 (US$M)
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