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Vagus nerve stimulation device is referred to as a pacemaker for the brain, which stimulates the vagus nerve with the help of electrical impulses. The device is located under the skin on the chest wall and electrical impulse passes through a wire to the vagus nerve in the neck. This vagus nerve controls the functions of the body, which are not controlled voluntarily (for example, the heart rate).
Rise in prevalence of neurological and cardiovascular disorders, increase in geriatric population, growth in support from government and private organizations, and introduction of favorable reimbursement policies drive the market. However, high cost of these devices and complications associated with vagus nerve stimulation restrain the market growth. Furthermore, high adoption rate of minimally invasive VNS procedures and development of next-generation therapies for neurological disorders drive the market growth during the forecast period.
The carotid artery stents market is segmented based on product type, end user, and region. Based on product type, it is bifurcated into balloon expandable stents and self-expanding stents. On the basis of material, the market is classified into implantable VNS devices and external VNS devices. On the basis of end user, the market is divided into hospitals, and ambulatory surgical centers. By geography, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The key players operating in this market include LivaNova Plc., EnteroMedics Inc., Beijing Pharmaceutical Group Co., Ltd., BioControl Medical (B.C.M) Ltd., and electroCore LLC.
Key Benefits for Stakeholders
Vagus Nerve Stimulation Devices Market Report Highlights
Aspects | Details |
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By Product Type |
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By End User |
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By Region |
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Key Market Players | GM Electromedicina, Beckman Coulter, Boston Scientific Corporation, Nevro Corp, Cyberonics, BioControl Medical, NeuroSigma, St. Jude Medical, Medtronic, LivaNova |
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