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Neurostimulation Devices Market, 2012 - 2017
Date:7/9/2013

he base year and actual figures have been taken, analysed from publicly available information. Unless otherwise specified, all figures are presented in USD.

While the leading commercial devices, companies and segments have been considered thoroughly, the report also provides details on the pipeline devices in various stages of clinical trials. In addition, it highlights information on the regulatory approvals (e.g. FDA and CE mark) for these devices in the US, Europe and other markets.

Key Highlights
1. The global neurostimulation devices market is likely to achieve sales of USD 6,533 MM by 2017, growing at a compounded annual growth rate (CAGR) of 17.9% from 2011 to 2017.
2. Spinal Cord Stimulation (SCS) accounted for 50.5% of the sales of the currently marketed neurostimulation devices in 2011. This segment will continue to be the largest segment in the neurostimulation devices market over the forecast period (2012 to 2017).
3. Deep Brain Stimulation (DBS) segment will be the fastest growing segment during the forecast period (2012-2017), primarily driven by expansion of indications targeted by this class of devices and unavailability of effective drugs for many of the targeted indications.
4. The overall market is dominated by four leading companies - Medtronic, St. Jude Medical, Boston Scientific and Cyberonics. Together these companies accounted for about 90% of the total market in 2011.
5. The US was the largest market for neurostimulation devices in 2011 and accounted for 81.9% of the total market in 2011.
6. The US was also the largest market for DBS devices, accounting more than 70% of the sales in 2011.
7. The high cost of therapy is a deterrent to market acceptance and gaining reimbursement for the devices will be an important milestone for the device developers.
8. A number of companies are developing non-invasive neurostimulation devices, which will help increase the adoption of th
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