Neurotech Devices Market - Top Companies and Manufacturers

  • Report ID: 6050
  • Published Date: May 23, 2024
  • Report Format: PDF, PPT

Companies Dominating the Neurotech Devices Landscape

    The primary participants in the neurotech devices market have consolidated, as seen by the rise in patent transfers, mergers and acquisitions, product launches, joint ventures, higher R&D expenditures, and product consolidation among domestic and international companies. Some of the prominent participants working in the neurotech devices industry are:

    • EndoStim Inc.
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Natus Medical
    • Allengers Medical Systems Ltd.
    • Canon Medical Systems Corporation
    • Elekta Solutions AB
    • GE HealthCare Technologies Inc.
    • Siemens Healthcare GmbH
    • The Magstim Company Limited
    • Tristan Technologies Inc.
    • Abbott Laboratories Inc.

Browse Key Market Insights with Data Illustration:

In the News

  •  EndoStim Inc. is a medical device company that is creating and distributing a first-in-class implantable neurostimulation treatment for drug-refractory gastroesophageal reflux disease (GERD). The U.S. Food and Drug Administration (FDA) recognized EndoStim's EndoStim System as a breakthrough device today, October 25, 2022.
  • EndoStim Inc., a medical device organization growing and commercializing a first-in-class embeddable neurostimulation therapy for drug-refractory gastroesophageal reflux disease (GERD), currently connected with the U.S. Food and Drug Administration (FDA) for a device preliminary draft meeting ahead of time of a Premarket Approval (PMA) submission for the Organization’s EndoStim System.

Author Credits:  Radhika Pawar


  • Report ID: 6050
  • Published Date: May 23, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2023, the industry size of neurotech devices was over USD 12 billion.

The market size for industrial automation is projected to cross USD 42 billion by the end of 2036 expanding at a CAGR of 14% during the forecast period i.e., between 2024-2036.

The major players in the market are EndoStim Inc., Natus Medical, Allengers Medical Systems Ltd., Canon Medical Systems Corporation, Elekta Solutions AB, GE HealthCare Technologies Inc., Siemens Healthcare GmbH, The Magstim Company Limited, Tristan Technologies Inc., Abbott Laboratories Inc., Nihon Kohden Corporation, Xiberlinc Inc., Konica Minolta Business Pvt. Ltd., FUKUDA DENSHI, and others.

In terms of product, the neurostimulation segment is anticipated to account for the largest market share of 40% during 2024-2036.

The North American neurotech devices sector is poised to hold the highest share of 41% by 2036.
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