North America Neuromodulation Devices Market Size & Outlook
North America neuromodulation devices market, 2018-2030 (US$M)
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North America neuromodulation devices market highlights
- The North America neuromodulation devices market generated a revenue of USD 1,791.2 million in 2022.
- The market is expected to grow at a CAGR of 8.7% from 2023 to 2030.
- In terms of segment, spinal cord stimulators was the largest revenue generating product in 2022.
- Deep Brain Stimulators is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Canada is expected to register the highest CAGR from 2023 to 2030.
North America data book summary
| Market revenue in 2022 | USD 1,791.2 million |
| Market revenue in 2030 | USD 3,495.3 million |
| Growth rate | 8.7% (CAGR from 2022 to 2030) |
| Largest segment | Spinal cord stimulators |
| Fastest growing segment | Deep Brain Stimulators |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Spinal Cord Stimulators, Deep Brain Stimulators, Sacral Nerve Stimulators, Vagus Nerve Stimulators, Transcranial Magnetic Stimulators |
| Key market players worldwide | Boston Scientific Corp, Abbott Laboratories, Nevro Corp, Neuronetics Inc, Medtronic PLC |
Other key industry trends
- In terms of revenue, North America region accounted for 44.7% of the global neuromodulation devices market in 2022.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 2,096.5 million by 2030.
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Neuromodulation Devices Market Scope
Neuromodulation Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
North America neuromodulation devices 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 neuromodulation devices market will help companies and investors design strategic landscapes.
Spinal cord stimulators was the largest segment with a revenue share of 41.09% in 2024. Horizon Databook has segmented the North America neuromodulation devices market based on spinal cord stimulators, deep brain stimulators, sacral nerve stimulators, vagus nerve stimulators, transcranial magnetic stimulators covering the revenue growth of each sub-segment from 2018 to 2030.
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Our clientele includes a mix of neuromodulation devices market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America neuromodulation devices market , including forecasts for subscribers. This continent databook contains high-level insights into North America neuromodulation devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America neuromodulation devices market size, by country, 2018-2030 (US$M)
North America Neuromodulation Devices Market Outlook Share, 2024 & 2030 (US$M)
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