Neurostimulation Devices Market Share

  • Report ID: 4239
  • Published Date: Oct 10, 2024
  • Report Format: PDF, PPT

Neurostimulation Devices Market Share

The North America region neurostimulation devices market projected to hold the largest market share by the end of 2037. This can be accredited to the increasing prevalence of neurological disorders and the increasing level of the geriatric population in the region. According to statistics, in 2018, approximately 20 million US citizens experience some form of neuropathy, of which approximately 15% are individuals with brain impairment in US households. Further, the market is estimated to gain high growth during the forecast period, owing to the rising use of implantable neurostimulation devices to minimize pain and increasing initiatives to innovate medical devices in the region.

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Neurostimulation Devices Market Size
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Author Credits:  Radhika Pawar


  • Report ID: 4239
  • Published Date: Oct 10, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of neurostimulation devices is evaluated at USD 12.42 billion.

The neurostimulation devices market size was valued at USD 11.32 billion in 2024 and is poised to exceed USD 50.56 billion by the end of 2037, registering over 12.1% CAGR during the forecast period i.e., between 2025-2037. Rising prevalence of chronic pain and increasing neurological disorders will drive the market growth.

North America industry is expected to account for majority revenue share by 2037, driven by increasing prevalence of neurological disorders and the increasing level of the geriatric population in the region.

The major players in the market include Abbott Laboratories, Boston Scientific Corporation, Integer Holdings Corporation, Medtronic, Nevro Corp., NeuroSigma, Inc., NeuroPace, Inc., Neuronetics, Synapse Biomedical Inc., Soterix Medical, Inc.
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