Vagus Nerve Stimulation Market by Product (Implantable VNS Devices and External VNS Devices), Application (Depression, Epilepsy, and Migraine), End User (Hospitals, Ambulatory Surgical Centers (ASCs), and Others), and Biomaterial (Ceramics, Metallic, and Polymeric) - Global Opportunity Analysis and Industry Forecast, 2020-2027
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Vagus nerve stimulation (VNS) therapy is designed to avoid seizures by sending consistent, mild pulses of electrical signals to the brain through the vagus nerve. These pulses are delivered by a device, which resembles a pacemaker. Vagus nerve is a part of the autonomic nervous system that controls involuntary functions of the body such as heart rate. It passes through the neck, which passes between the chest and abdomen to the lower part of the brain. VNS device is referred to as the "pacemaker of the brain," and is placed under the skin on the chest wall. A wire runs from it to the vagus nerve in the neck. Vagus nerve stimulators are used in treatment of intractable epilepsy and treatment-resistant depression.
The major factors that drive the growth of global vagus nerve stimulation market are increase in prevalence of neurological disorders as migraine and epilepsy among all age groups and positive clinical outcomes regarding the use of this technique. However, dearth of skilled professionals and high cost associated with neurostimulator devices restrict the market growth. Conversely, increase in R&D activities to expand the indications for the use of neurostimulators is expected to provide lucrative growth opportunities to the market. For instance, vagus nerve stimulation is being explored for managing diseases related to organs and muscle function connected to the vagus nerve.
The report global vagus nerve stimulation market is segmented based on product, application, end user, biomaterial, and geography. On the basis of product, the market is bifurcated as implantable VNS devices and external VNS devices. By application, it is categorized into depression, epilepsy, and migraine. In terms of biomaterial, it is divided into ceramics, metallic, and polymerics. In terms of end user, it is classified into hospitals, ambulatory surgical centers (ASCS), and others. Regionally, the market is analyzed in North America, Europe, Asia-Pacific, and LAMEA.
The key players operating in the market include Medtronic Plc., ElectroCore LLC, LivaNova Plc., Boston Scientific Corporation, Aleva Neurotherapeutics SA, BioControl Medical, Bioness Inc., EnteroMedics Inc., Nevro Corporation, and NeuroPace Inc.
Key Benefits
- This report provides an extensive analysis of the current and emerging market trends and dynamics in the global vagus nerve stimulation market.
- Comprehensive analysis of all geographical regions is provided to determine the prevailing opportunities across the geographies.
- This report entails the detailed quantitative analysis of the current market and estimations from 2016 to 2023 to identify the prevailing opportunities.
- Comprehensive analysis of factors that drive and restrict the market growth is provided in the report.
- Region- and country-wise market conditions are comprehensively analyzed in the report.
Vagus Nerve Stimulation Market Key Segments:
By Product
- Implantable VNS Devices
- External VNS Devices
By Application
- Depression
- Epilepsy
- Migraine
By Biomaterial
- Ceramics
- Metallic
- Polymerics
By End User
- Hospitals
- Ambulatory Surgical Centers (ASCS)
- Others
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- Japan
- China
- Australia
- South Korea
- India
- Rest of Asia-Pacific
- LAMEA
- Brazil
- Venezuela
- Saudi Arabia
- South Africa
- Argentina
- Rest of LAMEA
CHAPTER 1 INTRODUCTION
1.1. REPORT DESCRIPTION
1.2. KEY BENEFITS
1.3. KEY MARKET SEGMENTS
1.4. RESEARCH METHODOLOGY
1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools & models
CHAPTER 2 EXECUTIVE SUMMARY
2.1. CXO PERSPECTIVE
CHAPTER 3 MARKET OVERVIEW
3.1. MARKET DEFINITION AND SCOPE
3.2. KEY FINDINGS
3.2.1. Top investment pockets
3.2.2. Top winning strategies
3.3. MARKET SHARE ANALYSIS/TOP PLAYER POSITIONING, 2016
3.4. PORTER’S FIVE FORCES ANALYSIS
3.5. MARKET DYNAMICS
3.5.1. Drivers
3.5.2. Restraints
3.5.3. Opportunities
CHAPTER 4 GLOBAL VAGUS NERVE STIMULATION (VNS) MARKET, BY PRODUCT
4.1. OVERVIEW
4.1.1. Market size and forecast
4.2. IMPLANTABLE VNS DEVICES
4.2.1. Key market trends
4.2.2. Growth factors and opportunities
4.2.3. Market size and forecast
4.3. EXTERNAL VNS DEVICES
4.3.1. Key market trends
4.3.2. Growth factors and opportunities
4.3.3. Market size and forecast
CHAPTER 5 GLOBAL VAGUS NERVE STIMULATION (VNS) MARKET, BY APPLICATION
5.1. OVERVIEW
5.1.1. Market size and forecast
5.2. DEPRESSION
5.2.1. Market size and forecast
5.3. EPILEPSY
5.3.1. Market size and forecast
5.4. MIGRAINE
5.4.1. Market size and forecast
CHAPTER 6 GLOBAL VAGUS NERVE STIMULATION (VNS) MARKET, BY END USER
6.1. OVERVIEW
6.1.1. Market size and forecast
6.2. HOSPITALS
6.2.1. Market size and forecast
6.3. AMBULATORY SURGICAL CENTERS (ASCS)
6.3.1. Market size and forecast
6.4. OTHERS
6.4.1. Market size and forecast
CHAPTER 7 GLOBAL VAGUS NERVE STIMULATION (VNS) MARKET, BY BIOMATERIAL
7.1. OVERVIEW
7.1.1. Market size and forecast
7.2. CERAMICS
7.2.1. Market size and forecast
7.3. METALLIC
7.3.1. Market size and forecast
7.4. POLYMERIC
7.4.1. Market size and forecast
CHAPTER 8 GLOBAL VAGUS NERVE STIMULATION (VNS) MARKET, BY REGION
8.1. OVERVIEW
8.1.1. Market size and forecast
8.2. NORTH AMERICA
8.2.1. Key market trends
8.2.2. Key growth factors and opportunities
8.2.3. Market size and forecast
8.2.3.1. U.S. market size and forecast
8.2.3.2. Canada market size and forecast
8.2.3.3. Mexico market size and forecast
8.2.4. North America Vagus Nerve Stimulation Market by Product
8.2.5. North America Vagus Nerve Stimulation Market by Application
8.2.6. North America Vagus Nerve Stimulation Market by End User
8.2.7. North America Vagus Nerve Stimulation Market by Biomaterials
8.3. EUROPE
8.3.1. Key market trends
8.3.2. Key growth factors and opportunities
8.3.3. Market size and forecast
8.3.3.1. Germany market size and forecast
8.3.3.2. France market size and forecast
8.3.3.3. UK market size and forecast
8.3.3.4. Italy market size and forecast
8.3.3.5. Spain market size and forecast
8.3.3.6. Rest of Europe market size and forecast
8.3.4. Europe Vagus Nerve Stimulation Market by Product
8.3.5. Europe Vagus Nerve Stimulation Market by Application
8.3.6. Europe Vagus Nerve Stimulation Market by End User
8.3.7. Europe Vagus Nerve Stimulation Market by Biomaterials
8.4. ASIA-PACIFIC
8.4.1. Key market trends
8.4.2. Key growth factors and opportunities
8.4.3. Market size and forecast
8.4.3.1. Japan market size and forecast
8.4.3.2. China market size and forecast
8.4.3.3. Australia market size and forecast
8.4.3.4. India market size and forecast
8.4.3.5. South Korea market size and forecast
8.4.3.6. Rest of Asia-Pacific market size and forecast
8.4.4. Asia-Pacific Vagus Nerve Stimulation Market by Product
8.4.5. Asia-Pacific Vagus Nerve Stimulation Market by Application
8.4.5. Asia-Pacific Vagus Nerve Stimulation Market by End User
8.4.5. Asia-Pacific Vagus Nerve Stimulation Market by Biomaterials
8.5. LAMEA
8.5.1. Key market trends
8.5.2. Key growth factors and opportunities
8.5.3. Market size and forecast
8.5.3.1. Brazil market size and forecast
8.5.3.2. Argentina market size and forecast
8.5.3.3. Venezuela market size and forecast
8.5.3.4. Saudi Arabia market size and forecast
8.5.3.5. South Africa market size and forecast
8.5.3.6. Rest of LAMEA market size and forecast
8.5.4. LAMEA Vagus Nerve Stimulation Market by Product
8.5.5. LAMEA Vagus Nerve Stimulation Market by Application
8.5.6. LAMEA Vagus Nerve Stimulation Market by end User
8.5.7. LAMEA Vagus Nerve Stimulation Market by Biomaterials
CHAPTER 9 COMPANY PROFILES
9.1. MEDTRONIC PLC
9.1.1. Operating business segments
9.1.2. Business performance
9.1.3. Key strategic moves and developments
9.2. ELECTROCORE LLC
9.2.1. Operating business segments
9.2.2. Business performance
9.2.3. Key strategic moves and developments
9.3. LIVANOVA PLC
9.3.1. Operating business segments
9.3.2. Business performance
9.3.3. Key strategic moves and developments
9.4. BOSTON SCIENTIFIC CORPORATION
9.4.1. Operating business segments
9.4.2. Business performance
9.4.3. Key strategic moves and developments
9.5. ALEVA NEUROTHERAPEUTICS SA
9.5.1. Operating business segments
9.5.2. Business performance
9.5.3. Key strategic moves and developments
9.6. BIOCONTROL MEDICAL
9.6.1. Operating business segments
9.6.2. Business performance
9.6.3. Key strategic moves and developments
9.7. BIONESS INC.
9.7.1. Operating business segments
9.7.2. Business performance
9.7.3. Key strategic moves and developments
9.8. ENTEROMEDICS INC.
9.8.1. Operating business segments
9.8.2. Business performance
9.8.3. Key strategic moves and developments
9.9. NEVRO CORPORATION
9.9.1. Operating business segments
9.9.2. Business performance
9.9.3. Key strategic moves and developments
9.10. NEUROPACE INC.
9.10.1. Operating business segments
9.10.2. Business performance
9.10.3. Key strategic moves and developments
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