Vagus Nerve Stimulation Market to Grow at a CAGR of 10% During the Forecast by 2016 – 2022
October 12, 2017 --
New York, October 12, 2017 /Financeswire/: Market Research Engine has published a new report titled as “Vagus Nerve Stimulation Market By Product Analysis (Implantable VNS devices,External VNS devices) and by Regional Analysis – Global Forecast by 2016 – 2022”.
According to the market research engine analyst, the global VNS market is anticipated to grow at a steady rate and can post a CAGR of close to 100 pc during the forecast period. The availability of favorable reimbursement and insurance approval policies will drive the growth prospects for the global VNS market until the end of 2021. The availability of favorable reimbursement policies encourages a large range of specialists to utilize VNS devices and increase the investments made in the development of new technologies for the treatment of epilepsy and other cardiac indications. According to the market research analysis, many health systems are increasingly taking efforts to negotiate better prices on implantable medical devices to enforce reimbursement policies by encouraging provide chain system to drive down the prices of neuromodulation and VNS devices.
The analysts forecast global Vagus Nerve Stimulation Market for the mining sector to grow at a CAGR of 10% during the period 2016-2022.
You Can Browse Full Report: https://www.marketresearchengine.com/vagus-nerve-stimulation-market
The major driving factors of Vagus Nerve Stimulation Market are as follows:
- Increasing prevalence of neurological disorders
- Favorable reimbursement and insurance approval policies
- Rising demand for external VNS devices
The challenges factors of Vagus Nerve Stimulation Market are as follows:
- Stringent regulatory approvals and high cost of devices
- Complications related to VNS
- High maintenance and low battery lifetime
The trends factors of Vagus Nerve Stimulation Market are as follows:
- Shift of surgeons focus toward minimally invasive VNS procedures
- Next-generation therapies for nervous system disorders
- Application of VNS in other indications
The Vagus Nerve Stimulation Market is segmented on the lines of its product and regional. Based on product segmentation it covers Implantable VNS devices and External VNS devices. The Vagus Nerve Stimulation Market on geographic segmentation covers various regions such as North America, Europe, Asia Pacific, and Rest of World. Each geographic market is further segmented to provide market revenue for select countries such as the U.S., Canada, U.K. Germany, China, Japan, India, and GCC countries.
This report provides:
This report covers the present scenario and the growth prospects of the global Vagus Nerve Stimulation Market for 2016-2022. To calculate the market size, the report considers the revenue generated from the sales of robotic pharmacy prescription systems.
The scope of the report includes a detailed study of global and regional markets on Vagus Nerve Stimulation Market with the reasons given for variations in the growth of the industry in certain regions.
The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include LivaNova, Enteromedics, ElectroCorea and Cerbomed. Company profile includes assign such as company summary, financial summary, business strategy and planning, SWOT analysis and current developments.
The Vagus Nerve Stimulation Market has been segmented as below:
By Product Analysis:
- Implantable VNS devices
- External VNS devices
By Regional Analysis:
- North America
- Rest of World
Company Name: Market Research Engine
Contact Person: John Bay
Email: [email protected]
Country: United States