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Neuromodulation Market By (Procedure, Technology and Application) Worth $6.8 Billion - 2017 – New Report by Marketsandmarkets
Date:9/7/2013

nt the maximum growth in the coming years fuelled by its wider scope of application and less invasive nature as compared to other SCS or DBS techniques. The spinal cord stimulation technique holds maximum share in the market, yet, it is observed to have a slower growth.

Research studies and clinical trials also show a promising future for DBS and transcranial magnetic stimulation market in new applications like Alzheimer’s, drug resistant depression, tinnitus, etc. The key factors that drive the neuromodulation market are higher incidences of endemic diseases, rise in aging population, technological advancement, devices under approval, and presence of several niche players. Reimbursement in certain geographies and cost of devices are major challenges faced by this market. North America is estimated to account for the maximum share of the neuromodulation market in 2012, followed by Europe, and Asia-Pacific countries like Japan, India, and China.

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