Global Sacral Nerve Stimulation Market Size, Trends, and Growth Opportunity, By Product (Implantable SNS Devices and External SNS Devices), By Type (Electrical Muscle Stimulation and Transcutaneous Electrical Nerve Stimulation), By Application (Urinary & Fecal Incontinence, Urge Incontinence, Chronic Anal Fissure, and Others) By Region and Forecast to 2030.
Global Sacral Nerve Stimulation Market
The Global Sacral Nerve Stimulation Market was valued at USD 4.10 billion in 2022 and is expected to reach USD 10.70 billion by 2030, at a CAGR 12.73 % during the forecast period 2023- 2030.
Patients with bladder and bowel issues, such as overactive bladder, faecal incontinence, and bowel management, may benefit from sacral nerve stimulation (SNS), a therapeutic approach. Acceptance of sacral nerve stimulation, which helps to restore normal bowel or bladder function, is growing. Enhancing the communication between the bladder or intestines and the brain is the therapy's main goal. In order to regulate the neurological pathways in the sacral nerves, sacral nerve stimulation (SNS) is a device that is implanted to manage bladder functions. Patients with faecal and urinary problems can benefit from this safe and effective treatment. Patients who failed to receive reliable results from therapy or medicine are advised to try this treatment.
Market Drivers
One of the key factors driving the growth of the sacral nerve stimulation (SNS) market is the rising or pervasive prevalence of urge incontinence in patients around the world. Some indirect factors influencing the growth of the sacral nerve stimulation (SNS) market include increased personal disposable income and increasing spending on research & development efforts by different businesses and organisations.
Geriatric population rise will contribute to the lucrative expansion of the sacral nerve stimulation (SNS) market.
Market Restraints
Sacral nerve stimulation (SNS) market expansion will be constrained by high treatment procedure costs generally. Sacral nerve stimulation (SNS) market growth will be further slowed by the harmful consequences and side effects of the technology. Unfavorable reimbursement practises, particularly in developing economies anticipated to hamper the market growth. COVID-19 Impact The COVID-19 epidemic is predicted to have a considerable effect on the market for sacral nerve stimulation because the majority of non-COVID treatment services had to be suspended in order to make room for COVID-19-infected patients and reduce the danger of SARS-CoV-2 virus transmission. The outpatient clinics for female urinary incontinence, benign prostatic hyperplasia, infertility and sexual medicine, benign scrotal conditions, renal stone, and bladder stone were globally the most affected by the pandemic, according to Jeremy Yuen-Chun Teoh et alresearch .'s study "A Global Survey on the Impact of COVID-19 on Urological Services" (2020).
Market Segmentation
The Global Sacral Nerve Stimulation Market is divided into Product, Type, and Application. Based on Product, the market is segmented into Implantable SNS Devices and External SNS Devices. Based on Type, the market is classified into Electrical Muscle Stimulation and Transcutaneous Electrical Nerve Stimulation. Based on Application, market is divided into Urinary & Fecal Incontinence, Urge Incontinence, Chronic Anal Fissure, and Others.
Regional Analysis
The Global Sacral Nerve Stimulation Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa. North America hold the biggest market share for sacral nerve stimulation market, due the rising geriatric population and the increasing demand for minimally invasive procedures. The "Aging in the United States" report from the Population Reference Bureau estimates that 52 million Americans were 65 or older as of 2018. The population is projected to increase to 95 million by 2060. Also, a June 2021 Medscape article anticipated that 10–13 million Americans would suffer from urinary incontinence.
Key Players
Various key players are discussed in the Global Sacral Nerve Stimulation Market Report including: Cyberonics, Codman & Shurtleff, Axonics Modulation Technologies, NeuroPace, Medtronic, Uroplasty, Laborie, St. Jude Medical, Synapse Biomedical, IntraPace, Boston Scientific Corporation, and Nevro Corp.
Market Taxonomy
By Product
• Implantable SNS Devices
• External SNS Devices
By Type
• Electrical Muscle Stimulation
• Transcutaneous Electrical Nerve Stimulation
By Application
• Urinary & Fecal Incontinence
• Urge Incontinence
• Chronic Anal Fissure
• Others
By Region
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa
Global Sacral Nerve Stimulation Market
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Sacral Nerve Stimulation Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Cumulative Impact due to recent Energy Crisis
4.2.5 Cumulative Impact due to nearing economic downturn
4.2.6 Post covid-19 world Supply & Demand conditions
4.2.7 Cumulative Impact of Russia-Ukraine Conflict
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Sacral Nerve Stimulation Market, By Product
5.1 Y-o-Y Growth Comparison, By Product
5.2 Global Sacral Nerve Stimulation Market Share Analysis, By Product
5.3 Global Sacral Nerve Stimulation Market Size and Forecast, By Product
5.3.1 Implantable SNS Devices
5.3.2 External SNS Devices
6 Global Sacral Nerve Stimulation Market, By Type
6.1 Y-o-Y Growth Comparison, By Type
6.2 Global Sacral Nerve Stimulation Market Share Analysis, By Type
6.3 Global Sacral Nerve Stimulation Market Size and Forecast, By Type
6.3.1 Electrical Muscle Stimulation
6.3.2 Transcutaneous Electrical Nerve Stimulation
7 Global Sacral Nerve Stimulation Market, By Application
7.1 Y-o-Y Growth Comparison, By Application
7.2 Global Sacral Nerve Stimulation Market Share Analysis, By Application
7.3 Global Sacral Nerve Stimulation Market Size and Forecast, By Application
7.3.1 Urinary & Fecal Incontinence
7.3.2 Urge Incontinence
7.3.3 Chronic Anal Fissure
7.3.4 Others
8 Global Sacral Nerve Stimulation Market, By Region
8.1 Global Sacral Nerve Stimulation Market Share Analysis, By Region
8.2 Global Sacral Nerve Stimulation Market Size and Forecast, By Region
9 North America Sacral Nerve Stimulation Market Analysis and Forecast (2023-2030)
9.1 Introduction
9.2 North America Sacral Nerve Stimulation Market Share Analysis, By Product
9.3 North America Sacral Nerve Stimulation Market Size and Forecast, By Type
9.4 North America Sacral Nerve Stimulation Market Size and Forecast, By Application
9.5 North America Sacral Nerve Stimulation Market Size and Forecast, By Country
9.5.1 U.S.
9.5.2 Canada
9.5.3 Mexico
10 Europe Sacral Nerve Stimulation Market Analysis and Forecast (2023-2030)
10.1 Introduction
10.2 Europe Sacral Nerve Stimulation Market Share Analysis, By Product
10.3 Europe Sacral Nerve Stimulation Market Size and Forecast, By Type
10.4 Europe Sacral Nerve Stimulation Market Size and Forecast, By Application
10.5 Europe Sacral Nerve Stimulation Market Size and Forecast, By Country
10.5.1 Germany
10.5.2 France
10.5.3 UK
10.5.4 Rest of Europe
11 Asia Pacific Sacral Nerve Stimulation Market Analysis and Forecast (2023-2030)
11.1 Introduction
11.2 Asia Pacific Sacral Nerve Stimulation Market Share Analysis, By Product
11.3 Asia Pacific Sacral Nerve Stimulation Market Size and Forecast, By Type
11.4 Asia Pacific Sacral Nerve Stimulation Market Size and Forecast, By Application
11.5 Asia Pacific Sacral Nerve Stimulation Market Size and Forecast, By Country
11.5.1 China
11.5.2 Japan
11.5.3 India
11.5.4 Rest of Asia Pacific
12 Latin America Sacral Nerve Stimulation Market Analysis and Forecast (2023-2030)
12.1 Introduction
12.2 Latin America Sacral Nerve Stimulation Market Share Analysis, By Product
12.3 Latin America Sacral Nerve Stimulation Market Size and Forecast, By Type
12.4 Latin America Sacral Nerve Stimulation Market Size and Forecast, By Application
12.5 Latin America Sacral Nerve Stimulation Market Size and Forecast, Country
12.5.1 Brazil
12.5.2 Rest of Latin America
13 Middle East Sacral Nerve Stimulation Market Analysis and Forecast (2023-2030)
13.1 Introduction
13.2 Middle East Sacral Nerve Stimulation Market Share Analysis, By Product
13.3 Middle East Sacral Nerve Stimulation Market Size and Forecast, By Type
13.4 Middle East Sacral Nerve Stimulation Market Size and Forecast, By Application
13.5 Middle East Sacral Nerve Stimulation Market Size and Forecast, By Country
13.6.1 Saudi Arabia
13.5.2 UAE
13.5.3 Egypt
13.5.4 Kuwait
13.5.5 South Africa
14 Competitive Analysis
14.1 Competition Dashboard
14.2 Market share Analysis of Top Vendors
14.3 Key Development Strategies
15 Company Profiles
15.1 Cyberonics
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2 Codman & Shurtleff
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3 Axonics Modulation Technologies
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 , NeuroPace
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 Medtronic
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 Uroplasty
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 Laborie
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
15.8 St. Jude Medical
15.8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
15.9 Synapse Biomedical
15.9.1 Overview
15.9.2 Offerings
15.9.3 Key Financials
15.9.4 Business Segment & Geographic Overview
15.9.5 Key Market Developments
15.9.6 Key Strategies
15.10 IntraPace
15.10.1 Overview
15.10.2 Offerings
15.10.3 Key Financials
15.10.4 Business Segment & Geographic Overview
15.10.5 Key Market Developments
15.10.6 Key Strategies
15.11 Boston Scientific Corporation
15.11.1 Overview
15.11.2 Offerings
15.11.3 Key Financials
15.11.4 Business Segment & Geographic Overview
15.11.5 Key Market Developments
15.11.6 Key Strategies
15.12 Nevro Corp.
15.12.1 Overview
15.12.2 Offerings
15.12.3 Key Financials
15.12.4 Business Segment & Geographic Overview
15.12.5 Key Market Developments
15.12.6 Key Strategies
