Nerve Repair And Regeneration Market to reach USD 11.66 billion by 2021, at a CAGR of 11.85%
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The Global Nerve Repair and Regeneration Market was worth USD 6.66 billion in 2016 and estimated to be growing at a CAGR of 11.85%, to reach USD 11.66 billion by 2021.
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Nerve Repair and Regeneration Market refers to the regrowth or repair of nervous tissues, cells or cell products. Such mechanisms may include generation of new neurons, glia, axons, myelin, or synapses. Neuroregeneration differs between the peripheral nervous system (PNS) and the central nervous system (CNS) by the functional mechanisms and especially the extent and speed.
Nervous system injuries affect almost 100000 people every year with almost a 10th of this being spinal cord injuries. As a result of this high incidence of neurological injuries, nerve regeneration, and repair, a subfield of neural tissue engineering, is becoming a rapidly growing field dedicated to the discovery of new ways to recover nerve functionality after injury. The nervous system consists of the central nervous system, which consists of the brain and spinal cord, and the peripheral nervous system, which consists of cranial and spinal nerves along with their associated ganglia. It is only the peripheral nervous system that has an intrinsic ability for repair and regeneration, whereas the central nervous system is, for the most part, incapable of self-repair and regeneration. This leaves it vulnerable and if any damage were to occur to it, there is currently no treatment for recovering human nerve function after injury to the central nervous system.
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The major factors affecting the Global Nerve Repair and Regeneration Market Size include as mentioned before the high incidence of neurological injuries. Other major factors bolstering the nerve repair and regeneration market Growth include favorable reimbursement policies, technological advancements, willingness to spend on research & development and increasing consumer awareness. As for the restraints of the market, the exorbitant costs of the procedure continue to be the major deterrent along with the technical proficiency required from practitioners.
The Global Nerve Repair and Regeneration Market is broadly classified into Internal Neurostimulation Devices such as Spinal Cord Stimulation, Deep Brain Stimulation, Vagus Nerve Stimulation, Sacral Nerve Stimulation, Gastric Electrical Stimulation and External Neurostimulation Devices such as Transcutaneous Electrical Nerve Stimulation and Transcranial Magnetic Simulation by Product, based on Application into Neurostimulation and Neuromodulation Surgeries, Direct Nerve Repair/Neurorrhaphy, Nerve Grafting and Stem Cell Therapy. Based on geography, the global market is analyzed under various regions namely North America, Europe, Asia-Pacific, Latin America and the Middle East and Africa. The Nerve Repair and Regeneration Market is dominated by North America in 2016 with the region accounting for 36% of the overall market share. North America was followed next in line by Europe and Asia-Pacific. Asia-Pacific is expected to grow rapidly in the coming years as is evident from the high CAGR value for the region. Another promising region for the market is Latin America, which is expected to show high growth rates in coming years.
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Nerve Repair and Regeneration Market Segmentation:
Product
• Introduction
• Internal Neurostimulation Devices
i. Spinal Cord Stimulation
ii. Deep Brain Stimulation
iii. Vagus Nerve Stimulation
iv. Sacral Nerve Stimulation
v. Gastric Electrical Stimulation
• External Neurostimulation Devices
1. Transcutaneous Electrical Nerve Stimulation
2. Transcranial Magnetic Stimulation
• Biomaterials
• Y-o-Y Growth Analysis, By Product
• Market Attractiveness Analysis, By Product
• Market Share Analysis, By Product
Application
• Introduction
• Neurostimulation and Neuromodulation Surgeries
• Direct Nerve Repair
• Nerve Grafting
• Stem Cell Therapy
• Y-o-Y Growth Analysis, By Application
• Market Attractiveness Analysis, By Application
• Market Share Analysis, By Application
Scope of the report
The report offers a comprehensive analysis of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along this, the factors influential in effecting the market dynamics and trends are discussed in detail at the product level. Further, the performance of the market at the regional and country-level is assessed and the prospects with high growth potential are identified and debated.
The key players in the industry are profiled providing insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategical activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry are provided. The report also offers a broad outlook of the market along with recommendations from industry experts on the opportunities for investment activity.
What else? Apart from the syndicated report, our in-house team has an expertise and experience in designing custom reports to meet your specific research needs and assist you in making well-informed decisions.
Contact Info:
Name: Mr. Abhishek Shukla
Email: abhishek@marketdataforecast.com
Organization: MarketDataForecast™
Address: 2nd Floor, Lakeview Plaza, Kavuri Hills, Hyderabad, Telangana 500033, India.
Phone: +1-888-702-9626
Browse Full Report with TOC @ https://www.marketdataforecast.com/market-reports/nerve-repair-and-regeneration-market-3695/
Nerve Repair and Regeneration Market refers to the regrowth or repair of nervous tissues, cells or cell products. Such mechanisms may include generation of new neurons, glia, axons, myelin, or synapses. Neuroregeneration differs between the peripheral nervous system (PNS) and the central nervous system (CNS) by the functional mechanisms and especially the extent and speed.
Nervous system injuries affect almost 100000 people every year with almost a 10th of this being spinal cord injuries. As a result of this high incidence of neurological injuries, nerve regeneration, and repair, a subfield of neural tissue engineering, is becoming a rapidly growing field dedicated to the discovery of new ways to recover nerve functionality after injury. The nervous system consists of the central nervous system, which consists of the brain and spinal cord, and the peripheral nervous system, which consists of cranial and spinal nerves along with their associated ganglia. It is only the peripheral nervous system that has an intrinsic ability for repair and regeneration, whereas the central nervous system is, for the most part, incapable of self-repair and regeneration. This leaves it vulnerable and if any damage were to occur to it, there is currently no treatment for recovering human nerve function after injury to the central nervous system.
Get Free Sample Copy of Report @ https://www.marketdataforecast.com/market-reports/nerve-repair-and-regeneration-market-3695/request-sample
The major factors affecting the Global Nerve Repair and Regeneration Market Size include as mentioned before the high incidence of neurological injuries. Other major factors bolstering the nerve repair and regeneration market Growth include favorable reimbursement policies, technological advancements, willingness to spend on research & development and increasing consumer awareness. As for the restraints of the market, the exorbitant costs of the procedure continue to be the major deterrent along with the technical proficiency required from practitioners.
The Global Nerve Repair and Regeneration Market is broadly classified into Internal Neurostimulation Devices such as Spinal Cord Stimulation, Deep Brain Stimulation, Vagus Nerve Stimulation, Sacral Nerve Stimulation, Gastric Electrical Stimulation and External Neurostimulation Devices such as Transcutaneous Electrical Nerve Stimulation and Transcranial Magnetic Simulation by Product, based on Application into Neurostimulation and Neuromodulation Surgeries, Direct Nerve Repair/Neurorrhaphy, Nerve Grafting and Stem Cell Therapy. Based on geography, the global market is analyzed under various regions namely North America, Europe, Asia-Pacific, Latin America and the Middle East and Africa. The Nerve Repair and Regeneration Market is dominated by North America in 2016 with the region accounting for 36% of the overall market share. North America was followed next in line by Europe and Asia-Pacific. Asia-Pacific is expected to grow rapidly in the coming years as is evident from the high CAGR value for the region. Another promising region for the market is Latin America, which is expected to show high growth rates in coming years.
Browse Customize before buying @ https://www.marketdataforecast.com/market-reports/nerve-repair-and-regeneration-market-3695/customize-report
Nerve Repair and Regeneration Market Segmentation:
Product
• Introduction
• Internal Neurostimulation Devices
i. Spinal Cord Stimulation
ii. Deep Brain Stimulation
iii. Vagus Nerve Stimulation
iv. Sacral Nerve Stimulation
v. Gastric Electrical Stimulation
• External Neurostimulation Devices
1. Transcutaneous Electrical Nerve Stimulation
2. Transcranial Magnetic Stimulation
• Biomaterials
• Y-o-Y Growth Analysis, By Product
• Market Attractiveness Analysis, By Product
• Market Share Analysis, By Product
Application
• Introduction
• Neurostimulation and Neuromodulation Surgeries
• Direct Nerve Repair
• Nerve Grafting
• Stem Cell Therapy
• Y-o-Y Growth Analysis, By Application
• Market Attractiveness Analysis, By Application
• Market Share Analysis, By Application
Scope of the report
The report offers a comprehensive analysis of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along this, the factors influential in effecting the market dynamics and trends are discussed in detail at the product level. Further, the performance of the market at the regional and country-level is assessed and the prospects with high growth potential are identified and debated.
The key players in the industry are profiled providing insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategical activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry are provided. The report also offers a broad outlook of the market along with recommendations from industry experts on the opportunities for investment activity.
What else? Apart from the syndicated report, our in-house team has an expertise and experience in designing custom reports to meet your specific research needs and assist you in making well-informed decisions.
Contact Info:
Name: Mr. Abhishek Shukla
Email: abhishek@marketdataforecast.com
Organization: MarketDataForecast™
Address: 2nd Floor, Lakeview Plaza, Kavuri Hills, Hyderabad, Telangana 500033, India.
Phone: +1-888-702-9626