The latest report on the Vagus Nerve Stimulator market, as found on Qualiket Research website, is an extensive study of the market dynamics that are impacting both present market and the upcoming one. The market dynamics are expected to offer lasting impression on the holistic growth of the market. This has been analyzed well by adept market reviewers with immense knowledge and expertise in the subject. The study would bring along factors and figures to measure the track the market would take during the forecast period of 2020-2027. The Vagus Nerve Stimulator market report enriched with various driving and restraining factors that have their core in volume-wise and value-wise analysis. Several other aspects have been included to measure the growth chart of the Vagus Nerve Stimulator market and they are various projections, demographic changes, historic details, and others.
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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 and Restraints
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.
Market Key Players
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.
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By Product Type
- Implantable VNS Devices
- External VNS Devices
By End User
- Ambulatory Surgical Centers
- North America
- Latin America
- Asia Pacific
- Middle East & Africa
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