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Technology Landscape, Trends and Opportunities in the Global Neuroprosthetic Market

March 2024 | 150 pages | ID: TCAFCE55A527EN
Lucintel

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The technologies in neuroprosthetic has undergone significant change in recent years, with cochlear implant based neuroprosthetic t%li%spinal cord stimulation based neuroprosthetic. The rising wave of new technologies such as vagus nerve stimulation and spinal cord stimulation technology are creating significant potential for advanced neuroprosthetic devices in various medical platforms due t%li%its benefits of reduction in the frequency of seizures and/or less medication with anti-seizure drugs.

In neuroprosthetic market, various technologies such as deep brain stimulation, vagus nerve stimulation, spinal cord stimulation, sacral nerve stimulation technologies are used in the motor neuron disorders, physiological disorders, and cognitive disorders applications. Increasing prevalence of neurological diseases such as traumatic brain injury, stroke, Parkinson’s disease, rise in geriatric population, and increase in healthcare expenditure are creating new opportunities for various neuroprosthetic technologies.

This report analyzes technology maturity, degree of disruption, competitive intensity, market potential, and other parameters of various technologies in the neuroprosthetic market. Some insights are depicted below by a sample figure. For more details on figures, the companies researched, and other objectives/benefits on this research report, please download the report brochure.

The study includes technology readiness, competitive intensity, regulatory compliance, disruption potential, trends, forecasts and strategic implications for the global neuroprosthetic technology by application, technology, and region as follows:

Technology Readiness by Technology Type

Competitive Intensity and Regulatory Compliance

Disruption Potential by Technology

Trends and Forecasts by Technology Type [$M shipment analysis from 2018 t%li%2030]:
  • Deep Brain Stimulation
  • Vagus Nerve Stimulation
  • Spinal Cord Stimulation
  • Sacral Nerve Stimulation
Technology Trends and Forecasts by Application [$M shipment analysis from 2018 t%li%2030]:
  • Motor Neuron Disorders
  • Deep Brain Stimulation
  • Vagus Nerve Stimulation
  • Spinal Cord Stimulation
  • Sacral Nerve Stimulation
  • Physiological Disorders
  • Deep Brain Stimulation
  • Vagus Nerve Stimulation
  • Spinal Cord Stimulation
  • Sacral Nerve Stimulation
  • Cognitive Disorders
  • Deep Brain Stimulation
  • Vagus Nerve Stimulation
  • Spinal Cord Stimulation
  • Sacral Nerve Stimulation
Technology Trends and Forecasts by Region [$M shipment analysis for 2018 t%li%2030]:
  • North America
  • United States
  • Canada
  • Mexico
  • Europe
  • United Kingdom
  • Germany
  • France
  • Asia Pacific
  • Japan
  • China
  • South Korea
  • India
  • The Rest of the World
Latest Developments and Innovations in the Neuroprosthetic Technologies

Companies/ Ecosystems

Strategic Opportunities by Technology Type

Some of the neuroprosthetic companies profiled in this report include Medtronic, Boston Scientific, and Cyberonics.

This report answers following 9 key questions:

Q.1 What are some of the most promising and high-growth technology opportunities for the neuroprosthetic market?

Q.2 Which technology will grow at a faster pace and why?

Q.3 What are the key factors affecting dynamics of different technologies? What are the drivers and challenges of these technologies in neuroprosthetic market?

Q.4 What are the levels of technology readiness, competitive intensity and regulatory compliance in this technology space?

Q.5 What are the business risks and threats t%li%these technologies in neuroprosthetic market?

Q.6 What are the latest developments in neuroprosthetic technologies? Which companies are leading these developments?

Q.7 Which technologies have potential of disruption in this market?

Q.8 Wh%li%are the major players in this neuroprosthetic market? What strategic initiatives are being implemented by key players for business growth?

Q.9 What are the strategic growth opportunities in this neuroprosthetic technology space?
1. EXECUTIVE SUMMARY

2. TECHNOLOGY LANDSCAPE

2.1. Technology Background and Evolution
2.2. Technology and Application Mapping
2.3. Supply Chain

3. TECHNOLOGY READINESS

3.1. Technology Commercialization and Readiness
3.2. Drivers and Challenges in Neuroprosthetic Technologies
3.3. Competitive Intensity
3.4. Regulatory Compliance

4. TECHNOLOGY TRENDS AND FORECASTS ANALYSIS FROM 2018-2030

4.1. Neuroprosthetic Opportunity
4.2. Technology Trends (2018-2023) and Forecasts (2024-2030)
  4.2.1. Deep Brain Stimulation
  4.2.2. Vagus Nerve Stimulation
  4.2.3. Spinal Cord Stimulation
4.3. Technology Trends (2018-2023) and Forecasts (2024-2030) by Application Segments
  4.3.1. Motor Neuron Disorders
    4.3.1.1. Deep Brain Stimulation
    4.3.1.2. Vagus Nerve Stimulation
    4.3.1.3. Spinal Cord Stimulation
    4.3.1.4. Sacral Nerve Stimulation
  4.3.2. Physiological Disorders
    4.3.2.1. Deep Brain Stimulation
    4.3.2.2. Vagus Nerve Stimulation
    4.3.2.3. Spinal Cord Stimulation
    4.3.2.4. Sacral Nerve Stimulation
  4.3.3. Cognitive Disorders
    4.3.3.1. Deep Brain Stimulation
    4.3.3.2. Vagus Nerve Stimulation
    4.3.3.3. Spinal Cord Stimulation
    4.3.3.4. Sacral Nerve Stimulation

5. TECHNOLOGY OPPORTUNITIES (2018-2030) BY REGION

5.1. Neuroprosthetic Market by Region
5.2. North American Neuroprosthetic Technology Market
  5.2.1. United States Neuroprosthetic Technology Market
  5.2.2. Canadian Neuroprosthetic Technology Market
  5.2.3. Mexican Neuroprosthetic Technology Market
5.3. European Neuroprosthetic Technology Market
  5.3.1. The United Kingdom Neuroprosthetic Technology Market
  5.3.2. German Automotive Neuroprosthetic Technology Market
  5.3.3. French Automotive Neuroprosthetic Technology Market
5.4. APAC Neuroprosthetic Technology Market
  5.4.1. Chinese Neuroprosthetic System Technology Market
  5.4.2. Japanese Neuroprosthetic System Technology Market
  5.4.3. Indian Neuroprosthetic System Technology Market
  5.4.4. South Korean Neuroprosthetic Technology Market
5.5. ROW Neuroprosthetic Technology Market

6. LATEST DEVELOPMENTS AND INNOVATIONS IN THE NEUROPROSTHETIC TECHNOLOGIES

7. COMPANIES / ECOSYSTEM

7.1. Product Portfolio Analysis
7.2. Market Share Analysis
7.3. Geographical Reach

8. STRATEGIC IMPLICATIONS

8.1. Implications
8.2. Growth Opportunity Analysis
  8.2.1. Growth Opportunities for the Neuroprosthetic Market by Technology Type
  8.2.2. Growth Opportunities for the Neuroprosthetic Market by Application
  8.2.3. Growth Opportunities for the Neuroprosthetic Market by Region
8.3. Emerging Trends in the Neuroprosthetic Market
8.4. Disruption Potential
8.5. Strategic Analysis
  8.5.1. New Product Development
  8.5.2. Capacity Expansion of the Neuroprosthetic Market
  8.5.3. Mergers, Acquisitions, and Joint Ventures in the Neuroprosthetic Market

9. COMPANY PROFILES OF LEADING PLAYERS

9.1. Medtronic
9.2. Boston Scientific
9.3. Cyberonics


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