Neurotech Devices: Global Market Outlook

Report Code: IFT268A

Publish Date: Feb 2023

Publisher: BCC Publishing

Category: Information Technology

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Report Highlights

This report provides an up-to-date analysis of the global market for global neurotech devices market. It offers a comprehensive description and evaluation of the global market for neurotech devices, while the market has been segmented on the basis of product type, end users, and region. Using 2021 as the base year, the report estimates market data for 2022-2027. The report concludes with a particular focus on the vendor landscape.

Report Includes

  • A brief general outlook and up-to-date analysis of the global markets for neurotech devices
  • Analyses of the global market trends, with market revenue data for 2021, estimates for 2022, 2023, 2025, and projections of compound annual growth rates (CAGRs) through 2027
  • Estimation of the actual market size and revenue forecast for global neurotech devices market, and its corresponding market share analysis based on product type, application (disorder) type, end user, and geographic region
  • Updated information on market drivers and opportunities for neurotech devices, key shifts and regulations, industry specific challenges, and other demographic and regional factors that will influence the market demand in the coming years (2022-2027)
  • Identification of the companies best positioned to meet this demand owing to or in conjunction with their proprietary technologies, product launches, M&A deals, and other market strategic advantages
  • Discussion of the industry value chain analysis for neurotech devices market providing a systematic study of key intermediaries involved, with emphasis on solutions and service providers across the covering regions
  • Insight into the government regulations, pricing structure, performance monitoring, and pricing pressure (healthcare initiatives) in the U.S., Europe and APAC
  • Patent activity and review of patent grants on the global markets for neurotech devices by each major category
  • Descriptive company profiles of the industry leading players

Report Scope

In this report, the market is segmented based on product type, application, end user, and region. The report provides an overview of the global neurotech devices market and analyzes market trends. With 2021 as the base year, the report provides estimated market data for the forecast period of 2022 to 2027. Revenue forecasts for this period are segmented based on offering, technology, applications, and region. Market values have been estimated based on the total revenue of neurotech devices application providers.

The report covers the market for neurotech devices with regard to the user base across different regions. It also highlights major trends and challenges that affect the market and the vendor landscape. The report estimates the global market for neurotech devices in 2021 and provides projections for the expected market size through 2027.

The scope of the study includes neurotech devices care platforms and services associated with the platform.

Report Synopsis

Report Metrics Details
Base year considered 2021
Forecast period considered 2022-2027
Base year market size $11.3 billion
Market size forecast $24.2 billion
Growth rate CAGR of 14.4% for the forecast period of 2022-2027
Units considered $ Millions
Segments covered product type, application, end user, and region
Regions covered North America, Europe, Asia-Pacific, and RoW
Key Market Drivers
  • Increasing Neurological Disorders Among Different Age Groups Across the World.
  • Focus on Non-drug Therapies and Reducing Opioid Usage.
  • Increasing Awareness of Neurotech Devices and Their Therapeutic Applications.
Companies studied
ABBOTTBOSTON SCIENTIFIC CORP.
B. BRAUN SELIVANOVA PLC
MEDTRONICNIHON KOHDEN CORP.
PEAR THERAPEUTICSPENUMBRA INC.
STRYKERTERUMO CORP.
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Frequently Asked Questions (FAQs)

The neurotech devices market is projected to grow from $11.3 billion in 2021 to $24.2 billion in 2027, at a CAGR of 14.4% during the forecast period.
The key factors driving the growth of neurotech devices market includes the growing ageing population, rising number of neurological disorders diseases, among others.
The neurotech devices market is segmented based on product type, application, end user, and region.
By product type, neurostimulation segment will dominate the market by the end of 2027.
North America holds the highest share in the market in terms of region.
Key companies in the market include Boston Scientific Corp, Medtronic, Abbott, among others.

Analyst Credentials

BCC Research Team possesses expertise and experience in life and physical science domains. They specialize in offering valuable business insights, including industry analysis, competitor intelligence, strategic and financial analysis, and opportunity assessment. The team has in-depth knowledge of various sectors, including healthcare, biotechnology, pharmaceuticals, IT, automation, advanced materials, and energy. They are proficient in qualitative and quantitative market intelligence providing clients with actionable insights. With a vast understanding of the competitive landscape, the team can support clients in making data-driven decisions to help them achieve a competitive edge in their respective markets.

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Table of Contents

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Title/Chapter NamePagesMember Price
Full Report: Neurotech Devices: Global Market Outlook59Free

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Neurotech Devices: Global Market Outlook
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