Global vagus nerve stimulator market is expected to grow at a CAGR of 3.5% during the forecast period. Vagus nerve stimulator are those devices that are utilized to stimulate the vagus nerve with electrical impulses. It is used to treat epilepsy and depression. In vagus nerve stimulation, the stimulator is surgically implanted under the skin on the chest, and the device is connected to the left vagus nerve through a wire under the skin. When activated, the device sends the electrical signal to the certain areas of the brain along with the left vagus nerve to the brainstem.
With the technological advancement, non-invasive vagus nerve stimulation devices are introduced by the companies which then receive approval by the FDA and CE marks for commercialization and marketing. The market is expected to grow in the near future during the forecast period. Whereas, North America and Europe are expected to be the major regions generating revenue for the market.
The incidence and prevalence rate of epilepsy is rising significantly across the globe. As per the Epilepsy Foundation, one in 26 people develops epilepsy at some point in their lifetime. As per the Institute for Health Metrics and Evaluation the prevalence of epilepsy has reached to more than 27.3 million in 2017 from about 25.3 million in 2013.
Research Methodology
The market study of the vagus nerve stimulators market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.
Secondary Sources Include
The report is intended for medical device manufacturing companies, distributors and suppliers, and other related companies for overall market analysis and competitive analysis. The report provides an in-depth analysis of market size, intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.
Market Segmentation
The Report Covers
1. Report Summary
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Geography
1.2.3. By Stakeholders
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
2.3. Rules & Regulations
3. Competitive Landscape
3.1. Company Share Analysis
3.2. Key Strategy Analysis
3.3. Key Company Analysis
3.3.1. Overview
3.3.2. Financial Analysis
3.3.3. SWOT Analysis
3.3.4. Recent Developments
4. Market Determinants
4.1. Motivators
4.2. Restraints
4.3. Opportunities
5. Market Segmentation
5.1. Global Vagus Nerve Stimulators Market by Product
5.1.1. Implantable
5.1.2. External
5.2. Global Vagus Nerve Stimulators Market by Application
5.2.1. Epilepsy
5.2.2. Depression
5.2.3. Others (Migraine)
5.3. Global Vagus Nerve Stimulators Market by End-User
5.3.1. Hospitals and Clinics
5.3.2. Research Institutes
6. Regional Analysis
6.1. North America
6.1.1. United States
6.1.2. Canada
6.2. Europe
6.2.1. UK
6.2.2. Germany
6.2.3. Italy
6.2.4. Spain
6.2.5. France
6.2.6. Rest of Europe
6.3. Asia-Pacific
6.3.1. China
6.3.2. India
6.3.3. Japan
6.3.4. Rest of Asia-Pacific
6.4. Rest of the World
7. Company Profiles
7.1. Aleva Neurotherapeutics SA
7.2. BioControl Medical
7.3. Bioness Inc.
7.4. Boston Scientific Corp.
7.5. ElectroCore LLC
7.6. EnteroMedics Inc.
7.7. LivaNova Plc.
7.8. Medtronic Plc
7.9. NeuroPace Inc.
7.10. Nevro Corp.
1. GLOBAL VAGUS NERVE STIMULATORS MARKET RESEARCH AND ANALYSIS BY PRODUCT, 2018-2025 ($ MILLION)
2. GLOBAL IMPLANTABLE MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
3. GLOBAL EXTERNAL MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
4. GLOBAL VAGUS NERVE STIMULATORS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2018-2025 ($ MILLION)
5. GLOBAL EPILEPSY MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
6. GLOBAL DEPRESSION MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
7. GLOBAL OTHERS (MIGRAINE) MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
8. GLOBAL VAGUS NERVE STIMULATORS MARKET RESEARCH AND ANALYSIS BY END-USER, 2018-2025 ($ MILLION)
9. GLOBAL HOSPITALS AND CLINICS MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
10. GLOBAL RESEARCH INSTITUTES MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
11. GLOBAL VAGUS NERVE STIMULATORS MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2018-2025 ($ MILLION)
12. NORTH AMERICAN VAGUS NERVE STIMULATORS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2018-2025 ($ MILLION)
13. NORTH AMERICAN VAGUS NERVE STIMULATORS MARKET RESEARCH AND ANALYSIS BY PRODUCT, 2018-2025 ($ MILLION)
14. NORTH AMERICAN VAGUS NERVE STIMULATORS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2018-2025 ($ MILLION)
15. NORTH AMERICAN VAGUS NERVE STIMULATORS MARKET RESEARCH AND ANALYSIS BY END-USER, 2018-2025 ($ MILLION)
16. EUROPEAN VAGUS NERVE STIMULATORS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2018-2025 ($ MILLION)
17. EUROPEAN VAGUS NERVE STIMULATORS MARKET RESEARCH AND ANALYSIS BY PRODUCT, 2018-2025 ($ MILLION)
18. EUROPEAN VAGUS NERVE STIMULATORS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2018-2025 ($ MILLION)
19. EUROPEAN VAGUS NERVE STIMULATORS MARKET RESEARCH AND ANALYSIS BY END-USER, 2018-2025 ($ MILLION)
20. ASIA-PACIFIC VAGUS NERVE STIMULATORS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2018-2025 ($ MILLION)
21. ASIA-PACIFIC VAGUS NERVE STIMULATORS MARKET RESEARCH AND ANALYSIS BY PRODUCT, 2018-2025 ($ MILLION)
22. ASIA-PACIFIC VAGUS NERVE STIMULATORS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2018-2025 ($ MILLION)
23. ASIA-PACIFIC VAGUS NERVE STIMULATORS MARKET RESEARCH AND ANALYSIS BY END-USER, 2018-2025 ($ MILLION)
24. REST OF THE WORLD VAGUS NERVE STIMULATORS MARKET RESEARCH AND ANALYSIS BY PRODUCT, 2018-2025 ($ MILLION)
25. REST OF THE WORLD VAGUS NERVE STIMULATORS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2018-2025 ($ MILLION)
26. REST OF THE WORLD VAGUS NERVE STIMULATORS MARKET RESEARCH AND ANALYSIS BY END-USER, 2018-2025 ($ MILLION)
1. GLOBAL VAGUS NERVE STIMULATORS MARKET SHARE BY PRODUCT, 2018 VS 2025 (%)
2. GLOBAL VAGUS NERVE STIMULATORS MARKET SHARE BY APPLICATION, 2018 VS 2025 (%)
3. GLOBAL VAGUS NERVE STIMULATORS MARKET SHARE BY END-USER, 2018 VS 2025 (%)
4. GLOBAL VAGUS NERVE STIMULATORS MARKET SHARE BY GEOGRAPHY, 2018 VS 2025 (%)
5. US VAGUS NERVE STIMULATORS MARKET SIZE, 2018-2025 ($ MILLION)
6. CANADA VAGUS NERVE STIMULATORS MARKET SIZE, 2018-2025 ($ MILLION)
7. UK VAGUS NERVE STIMULATORS MARKET SIZE, 2018-2025 ($ MILLION)
8. FRANCE VAGUS NERVE STIMULATORS MARKET SIZE, 2018-2025 ($ MILLION)
9. GERMANY VAGUS NERVE STIMULATORS MARKET SIZE, 2018-2025 ($ MILLION)
10. ITALY VAGUS NERVE STIMULATORS MARKET SIZE, 2018-2025 ($ MILLION)
11. SPAIN VAGUS NERVE STIMULATORS MARKET SIZE, 2018-2025 ($ MILLION)
12. ROE VAGUS NERVE STIMULATORS MARKET SIZE, 2018-2025 ($ MILLION)
13. INDIA VAGUS NERVE STIMULATORS MARKET SIZE, 2018-2025 ($ MILLION)
14. CHINA VAGUS NERVE STIMULATORS MARKET SIZE, 2018-2025 ($ MILLION)
15. JAPAN VAGUS NERVE STIMULATORS MARKET SIZE, 2018-2025 ($ MILLION)
16. REST OF ASIA-PACIFIC VAGUS NERVE STIMULATORS MARKET SIZE, 2018-2025 ($ MILLION)
17. REST OF THE WORLD VAGUS NERVE STIMULATORS MARKET SIZE, 2018-2025 ($ MILLION)