Vagus nerve stimulators are designed to avoid seizers by sending consistent, mild pulses of electrical signals to brain through vagus nerve. These pulses are delivered by using devices which resembles pacemaker. Vagus nerve is an important part of automatic nervous systems which controls involuntary functions of body like heart rate. Vagus nerve stimulators are called as pacemaker of the brain.
Market Drivers
Rise in prevalence of neurological disorders is the key driving factor which is expected to drive the global vagus nerve stimulator market growth. Furthermore, increase in investment of biotechnology and pharmaceutical industries in research and development activities will have the positive impact on market growth. Moreover, increase in technological advancements will propel the market growth during this forecast period. For instance, in July 2017, ElectroCore LLC had launched its new non-invasive vagus nerve stimulator which named as gamma Core. This device is useful in treatment of pain associated with episodic cluster headache in adult patients.
However, lack of skilled professionals is the major challenging factor which is expected to obstruct the global vagus nerve stimulator market growth. Also, high cost associated with neurostimulator devices which are expected to hinder the market growth.
Global Vagus Nerve Stimulator Market is segmented into product type such as Implantable VNS Devices, and External VNS Devices, by biomaterial such as Ceramics, Metallic, and Polymerics, by application such as Depression, Epilepsy, and Migraine. Further, market is segmented into end user such as Hospitals, Ambulatory Surgical Centers, and Others.
Also, Global Vagus Nerve Stimulator Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Various key players are discussed in this report such as Medtronic Plc, Nevro Corporation, EnteroMedics Inc, Bioness Inc, BioControl Medical, Aleva Neurotherapeutics SA, Boston Scientific Corporation, LivaNova Plc, ElectroCore LLC, and NeuroPace Inc.
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5.1 Y-o-Y Growth Comparison, By Product Type
5.2 Global Vagus Nerve Stimulator Market Share Analysis, By Product Type
5.3 Global Vagus Nerve Stimulator Market Size and Forecast, By Product Type
5.3.1 Implantable VNS Devices
5.3.2 External VNS Devices
6.1 Y-o-Y Growth Comparison, By Biomaterial
6.2 Global Vagus Nerve Stimulator Market Share Analysis, By Biomaterial
6.3 Global Vagus Nerve Stimulator Market Size and Forecast, By Biomaterial
6.3.1 Ceramics
6.3.2 Reusable
6.3.3Polymerics
7.1 Y-o-Y Growth Comparison, By Application
7.2 Global Vagus Nerve Stimulator Market Share Analysis, By Application
7.3 Global Vagus Nerve Stimulator Market Size and Forecast, By Application
7.3.1 Depression
7.3.2 Epilepsy
7.3.3 Margarine
8.1 Y-o-Y Growth Comparison, By End User
8.2 Global Vagus Nerve Stimulator Market Share Analysis, By End User
8.3 Global Vagus Nerve Stimulator Market Size and Forecast, By End User
8.3.1 Hospitals
8.3.2 Ambulatory Surgical Center
8.3.3 Others
9.1 Global Vagus Nerve Stimulator Market Share Analysis, By Region
9.2 Global Vagus Nerve Stimulator Market Share Analysis, By Region
9.3 Global Vagus Nerve Stimulator Market Size and Forecast, By Region
10.1 Introduction
10.2 North America Vagus Nerve Stimulator Market Share Analysis, By Product Type
10.3 North America Vagus Nerve Stimulator Market Size and Forecast, By Biomaterial
10.4 North America Vagus Nerve Stimulator Market Size and Forecast, By Application
10.5 North America Vagus Nerve Stimulator Market Size and Forecast, By End User
10.6 North America Vagus Nerve Stimulator Market Size and Forecast, By Country
10.6.1 U.S.
10.6.2 Canada
10.6.3 Mexico
11.1 Introduction
11.2 Europe Vagus Nerve Stimulator Market Share Analysis, By Product Type
11.3 Europe Vagus Nerve Stimulator Market Size and Forecast, By Biomaterial
11.4 Europe Vagus Nerve Stimulator Market Size and Forecast, By Application
11.5 Europe Vagus Nerve Stimulator Market Size and Forecast, By End User
11.6 Europe Vagus Nerve Stimulator Market Size and Forecast, By Country
11.6.1 Germany
11.6.2 France
11.6.3 UK
11.64. Rest of Europe
12.1 Introduction
12.2 Asia Pacific Vagus Nerve Stimulator Market Share Analysis, By Product Type
12.3 Asia Pacific Vagus Nerve Stimulator Market Size and Forecast, By Biomaterial
12.4 Asia Pacific Vagus Nerve Stimulator Market Size and Forecast, By Application
12.5 Asia Pacific Vagus Nerve Stimulator Market Size and Forecast, By End User
12.6 Asia Pacific Vagus Nerve Stimulator Market Size and Forecast, By Country
12.6.1 China
12.6.2 Japan
12.6.3 India
12.6.4. Rest of Asia Pacific
13.1 Introduction
13.2 Latin America Vagus Nerve Stimulator Market Share Analysis, By Product Type
13.3 Latin America Vagus Nerve Stimulator Market Size and Forecast, By Biomaterial
13.4 Latin America Vagus Nerve Stimulator Market Size and Forecast, By Application
13.5 Latin America Vagus Nerve Stimulator Market Size and Forecast, By End User
13.6 Latin America Vagus Nerve Stimulator Market Size and Forecast, By Country
14.1 Introduction
14.2 Middle East Vagus Nerve Stimulator Market Share Analysis, By Product Type
14.3 Middle East Vagus Nerve Stimulator Market Size and Forecast, By Biomaterial
14.4 Middle East Vagus Nerve Stimulator Market Size and Forecast, By Application
14.5 Middle East Vagus Nerve Stimulator Market Size and Forecast, By End User
14.6 Middle East Vagus Nerve Stimulator Market Size and Forecast, By Country
15.1 Competition Dashboard
15.2 Market share Analysis of Top Vendors
15.3 Key Development Strategies
16.1.1 Overview
16.1.2 Offerings
16.1.3 Key Financials
16.1.4 Business Segment & Geographic Overview
16.1.5 Key Market Developments
16.1.6 Key Strategies
16.2.1 Overview
16.2.2 Offerings
16.2.3 Key Financials
16.2.4 Business Segment & Geographic Overview
16.2.5 Key Market Developments
16.2.6 Key Strategies
16.3.1 Overview
16.3.2 Offerings
16.3.3 Key Financials
16.3.4 Business Segment & Geographic Overview
16.3.5 Key Market Developments
16.3.6 Key Strategies
16.4.1 Overview
16.4.2 Offerings
16.4.3 Key Financials
16.4.4 Business Segment & Geographic Overview
16.4.5 Key Market Developments
16.4.6 Key Strategies
16.5.1 Overview
16.5.2 Offerings
16.5.3 Key Financials
16.5.4 Business Segment & Geographic Overview
16.5.5 Key Market Developments
16.5.6 Key Strategies
16.6.1 Overview
16.6.2 Offerings
16.6.3 Key Financials
16.6.4 Business Segment & Geographic Overview
16.6.5 Key Market Developments
16.6.6 Key Strategies
16.7.1 Overview
16.7.2 Offerings
16.7.3 Key Financials
16.7.4 Business Segment & Geographic Overview
16.7.5 Key Market Developments
16.7.6 Key Strategies
16.8.1 Overview
16.8.2 Offerings
16.8.3 Key Financials
16.8.4 Business Segment & Geographic Overview
16.8.5 Key Market Developments
16.8.6 Key Strategies
16.9.1 Overview
16.9.2 Offerings
16.9.3 Key Financials
16.9.4 Business Segment & Geographic Overview
16.9.5 Key Market Developments
16.9.6 Key Strategies
16.10.1 Overview
16.10.2 Offerings
16.10.3 Key Financials
16.10.4 Business Segment & Geographic Overview
16.10.5 Key Market Developments
16.10.6 Key Strategies