Nerve Repair and Regeneration Market by Product and Surgery- Global Industry Analysis and Forecast to 2023
Published On : February 2018 Pages : 115 Category: Pharmaceuticals Report Code : HC03631
Industry Outlook and Trend Analysis
The Nerve Repair and Regeneration Market was worth USD 4.13 billion in 2017 and is expected to reach approximately USD 12.20 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 12.78% during the forecast period. The variables that add to the market development are the high rate of neurological disorders, a fluctuated product pipeline credited to the existence of key market players, and the enhanced treatment productivity for neurological scatters. Furthermore, the developing applications and treatments in treating the enthusiastically developing CNS issue, for example, Parkinson's disease and Alzheimer's, are further anticipated that would drive the market development over the figure time frame.
Product Outlook and Trend Analysis
The product portion for nerve repair and regeneration market is extensively characterized into biomaterials and neurostimulation and neuromodulation devices. The last section is further sub-portioned into Deep Brain Stimulation Devices (DBS), Vagus Nerve Stimulation Devices (VNS), Spinal Cord Stimulation Devices (SCS), Sacral Nerve Stimulation Devices (SNS), Gastric Electric Stimulation Devices (GES).The spinal cord stimulation fragment was one of the biggest with a share of the overall industry of more than 50% in 2017.
Surgery Outlook and Trend Analysis
The surgery section comprises of nerve grafting, direct nerve repair or neurorrhaphy, neurostimulation and neuromodulation surgery, and stem cell therapy. The stem cell therapy is one of the quickest developing application fragments.
Regional Outlook and Trend Analysis
In 2017, North America ruled the market attributable to the expanding rate of neural issue and medical coverage scope in the area. In 2017, the Patient Protection and Affordable Care Act (PPACA) expressed that 1 of 6 American was provided a Health Insurance Market place Plan and the general population who had selected the commercial centre arrangement, 87% of received monetary support.
Competitive Insights
The leading players in the market are Integra Life Sciences, St. Jude Medical, Cyberonics Inc, AxoGen Inc, Baxter International, Stryker Corporation, Medtronic, Polyganics B.V and Boston Scientific. The business benefactors have a wide product portfolio for neurological disorders. Additionally, there are innovative new items and treatments to enhance the treatment productivity and additionally tolerant comfort.
The Nerve Repair and Regeneration Market is segmented as follows-
By Product:
- Biomaterial
- Neurostimulation and neuromodulation devices
- Deep brain stimulation devices
- Sacral nerve stimulation devices
- Vagus nerve stimulation devices
- Spinal cord stimulation devices
- Gastric electric stimulation devices
By Surgery:
- Nerve grafting
- Neurostimulation and neuromodulation surgeries
- Stem cell therapy
- Direct nerve repair/neurorrhaphy
By Region
- North America
- U.S
- Canada
- Mexico
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- Japan
- China
- Australia
- India
- South Korea
- Rest of Asia Pacific
- Rest of the World
- Brazil
- South Africa
- Saudi Arabia
- United Arab Emirates
- Others
Some of the key questions answered by the report are:
- What was the market size in 2017 and forecast from 2017 to 2023?
- What will be the industry market growth from 2017 to 2023?
- What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
- What are the major segments leading the market growth and why?
- Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?
Market Classification
· Nerve Repair and Regeneration Market, By Product , Estimates and Forecast, 2014-2023 ($Million)
· Biomaterial
· Neurostimulation and neuromodulation devices
o Deep brain stimulation devices
o Sacral nerve stimulation devices
o Vagus nerve stimulation devices
o Spinal cord stimulation devices
o Gastric electric stimulation devices
· Nerve Repair and Regeneration Market, By Surgery , Estimates and Forecast, 2014-2023 ($Million)
· Nerve grafting
· Neurostimulation and neuromodulation surgeries
· Stem cell therapy
· Direct nerve repair/neurorrhaphy
· Nerve Repair and Regeneration Market, By Region, Estimates and Forecast, 2014-2023 ($Million)
· North America
§ North America Nerve Repair and Regeneration Market, By Country
§ North America Nerve Repair and Regeneration Market, By Product
§ North America Nerve Repair and Regeneration Market, By Surgery
o U.S. Nerve Repair and Regeneration Market, By Product
o U.S. Nerve Repair and Regeneration Market, By Surgery
o Canada Nerve Repair and Regeneration Market, By Product
o Canada Nerve Repair and Regeneration Market, By Surgery
o Mexico Nerve Repair and Regeneration Market, By Product
o Mexico Nerve Repair and Regeneration Market, By Surgery
· Europe
§ Europe Nerve Repair and Regeneration Market, By Country
§ Europe Nerve Repair and Regeneration Market, By Product
§ Europe Nerve Repair and Regeneration Market, By Surgery
o Germany Nerve Repair and Regeneration Market, By Product
o Germany Nerve Repair and Regeneration Market, By Surgery
o France Nerve Repair and Regeneration Market, By Product
o France Nerve Repair and Regeneration Market, By Surgery
o UK Nerve Repair and Regeneration Market, By Product
o UK Nerve Repair and Regeneration Market, By Surgery
o Italy Nerve Repair and Regeneration Market, By Product
o Italy Nerve Repair and Regeneration Market, By Surgery
o Spain Nerve Repair and Regeneration Market, By Product
o Spain Nerve Repair and Regeneration Market, By Surgery
o Rest of Europe Nerve Repair and Regeneration Market, By Product
o Rest of Europe Nerve Repair and Regeneration Market, By Surgery
· Asia-Pacific
§ Asia-Pacific Nerve Repair and Regeneration Market, By Country
§ Asia-Pacific Nerve Repair and Regeneration Market, By Product
§ Asia-Pacific Nerve Repair and Regeneration Market, By Surgery
o Japan Nerve Repair and Regeneration Market, By Product
o Japan Nerve Repair and Regeneration Market, By Surgery
o Australia Nerve Repair and Regeneration Market, By Product
o Australia Nerve Repair and Regeneration Market, By Surgery
o India Nerve Repair and Regeneration Market, By Product
o India Nerve Repair and Regeneration Market, By Surgery
o South Korea Nerve Repair and Regeneration Market, By Product
o South Korea Nerve Repair and Regeneration Market, By Surgery
o Rest of Asia-Pacific Nerve Repair and Regeneration Market, By Product
o Rest of Asia-Pacific Nerve Repair and Regeneration Market, By Surgery
· Rest of the World
§ Rest of the World Nerve Repair and Regeneration Market, By Country
§ Rest of the World Nerve Repair and Regeneration Market, By Product
§ Rest of the World Nerve Repair and Regeneration Market, By Surgery
o Brazil Nerve Repair and Regeneration Market, By Product
o Brazil Nerve Repair and Regeneration Market, By Surgery
o South Africa Nerve Repair and Regeneration Market, By Product
o South Africa Nerve Repair and Regeneration Market, By Surgery
o Saudi Arabia Nerve Repair and Regeneration Market, By Product
o Saudi Arabia Nerve Repair and Regeneration Market, By Surgery
o Turkey Nerve Repair and Regeneration Market, By Product
o Turkey Nerve Repair and Regeneration Market, By Surgery
o United Arab Emirates Nerve Repair and Regeneration Market, By Product
o United Arab Emirates Nerve Repair and Regeneration Market, By Surgery
o Others Nerve Repair and Regeneration Market, By Product
o Others Nerve Repair and Regeneration Market, By Surgery
Table of Contents
1. Introduction
1.1. Report Description
1.2. Research Methodology
2. Executive Summary
2.1. Key Highlights
3. Market Overview
3.1. Introduction
3.1.1. Market Definition
3.1.2. Market Segmentation
3.2. Market Dynamics
3.2.1. Drivers
3.2.1.1. Increasing Application in Electronic Manufacturing
3.2.2. Restraints
3.2.2.1. High Pricing
3.2.3. Opportunities
3.2.3.1. Emerging Markets to Offer Lucrative Growth Opportunities
4. Nerve Repair and Regeneration Market, By Product
4.1. Introduction
4.2. Global Nerve Repair and Regeneration Sales, Revenue and Market Share By Product (2017-2017)
4.2.1. Global Nerve Repair and Regeneration Sales and Sales Share By Product (2017-2017)
4.2.2. Global Nerve Repair and Regeneration Revenue and Revenue Share By Product (2017-2017)
4.3. Nerve Repair and Regeneration Market Assessment and Forecast, By Product , 2017-2023
4.4. Biomaterial
4.4.1. Market Assessment and Forecast, By Region, 2017-2023($Million)
4.5. Neurostimulation and neuromodulation devices
4.5.1. Market Assessment and Forecast, By Type, 2017-2023($Million)
4.5.2. Market Assessment and Forecast, By Region, 2017-2023($Billion)
4.5.3. Deep brain stimulation devices
4.5.3.1. Market Assessment and Forecast, By Region, 2017-2023($Billion)
4.5.4. Sacral nerve stimulation devices
4.5.4.1. Market Assessment and Forecast, By Region, 2017-2023($Billion)
4.5.5. Vagus nerve stimulation devices
4.5.5.1. Market Assessment and Forecast, By Region, 2017-2023($Billion)
4.5.6. Spinal cord stimulation devices
4.5.6.1. Market Assessment and Forecast, By Region, 2017-2023($Billion)
4.5.7. Gastric electric stimulation devices
4.5.7.1. Market Assessment and Forecast, By Region, 2017-2023($Billion)
5. Nerve Repair and Regeneration Market, By Surgery
5.1. Introduction
5.2. Global Nerve Repair and Regeneration Sales, Revenue and Market Share By Surgery (2017-2017)
5.2.1. Global Nerve Repair and Regeneration Sales and Sales Share By Surgery (2017-2017)
5.2.2. Global Nerve Repair and Regeneration Revenue and Revenue Share By Surgery (2017-2017)
5.3. The Nerve Repair and Regeneration Market Assessment and Forecast, By Surgery , 2017-2023
5.4. Nerve grafting
5.4.1. Market Assessment and Forecast, By Region, 2017-2023($Million)
5.5. Neurostimulation and neuromodulation surgeries
5.5.1. Market Assessment and Forecast, By Region, 2017-2023($Million)
5.6. Stem cell therapy
5.6.1. Market Assessment and Forecast, By Region, 2017-2023($Million)
5.7. Direct nerve repair/neurorrhaphy
5.7.1. Market Assessment and Forecast, By Region, 2017-2023($Million)
6. Nerve Repair and Regeneration Market, By Region
6.1. Introduction
6.2. Nerve Repair and Regeneration Market Assessment and Forecast, By Region, 2017-2023 ($Million)
6.3. Global Nerve Repair and Regeneration Sales, Revenue and Market Share by Regions
6.3.1. Global Nerve Repair and Regeneration Sales by Regions (2017-2017)
6.3.2. Global Nerve Repair and Regeneration Revenue by Regions (2017-2017)
6.4. North America
6.4.1. North America Nerve Repair and Regeneration Sales and Growth Rate (2017-2017)
6.4.2. Market Assessment and Forecast, By Country, 2017-2023($Million)
6.4.3. Market Assessment and Forecast, By Product , 2017-2023($Million)
6.4.4. Market Assessment and Forecast, By Surgery , 2017-2023($Million)
6.4.5. U.S.
6.4.5.1. Market Assessment and Forecast, By Product , 2017-2023($Million)
6.4.5.2. Market Assessment and Forecast, By Surgery , 2017-2023($Million)
6.4.6. Canada
6.4.6.1. Market Assessment and Forecast, By Product , 2017-2023($Million)
6.4.6.2. Market Assessment and Forecast, By Surgery , 2017-2023($Million)
6.4.7. Mexico
6.4.7.1. Market Assessment and Forecast, By Product , 2017-2023($Million)
6.4.7.2. Market Assessment and Forecast, By Surgery , 2017-2023($Million)
6.5. Europe
6.5.1. Europe Nerve Repair and Regeneration Sales and Growth Rate (2017-2017)
6.5.2. Market Assessment and Forecast, By Country, 2017-2023($Million)
6.5.3. Market Assessment and Forecast, By Product , 2017-2023($Million)
6.5.4. Market Assessment and Forecast, By Surgery , 2017-2023($Million)
6.5.5. Germany
6.5.5.1. Market Assessment and Forecast, By Product , 2017-2023($Million)
6.5.5.2. Market Assessment and Forecast, By Surgery , 2017-2023($Million)
6.5.6. France
6.5.6.1. Market Assessment and Forecast, By Product , 2017-2023($Million)
6.5.6.2. Market Assessment and Forecast, By Surgery , 2017-2023($Million)
6.5.7. UK
6.5.7.1. Market Assessment and Forecast, By Product , 2017-2023($Million)
6.5.7.2. Market Assessment and Forecast, By Surgery , 2017-2023($Million)
6.5.8. Italy
6.5.8.1. Market Assessment and Forecast, By Product , 2017-2023($Million)
6.5.8.2. Market Assessment and Forecast, By Surgery , 2017-2023($Million)
6.5.9. Spain
6.5.9.1. Market Assessment and Forecast, By Product , 2017-2023($Million)
6.5.9.2. Market Assessment and Forecast, By Surgery , 2017-2023($Million)
6.5.10. Rest of Europe
6.5.10.1. Market Assessment and Forecast, By Product , 2017-2023($Million)
6.5.10.2. Market Assessment and Forecast, By Surgery , 2017-2023($Million)
6.6. Asia-Pacific
6.6.1. Asia-Pacific Nerve Repair and Regeneration Sales and Growth Rate (2017-2017)
6.6.2. Market Assessment and Forecast, By Country, 2017-2023($Million)
6.6.3. Market Assessment and Forecast, By Product , 2017-2023($Million)
6.6.4. Market Assessment and Forecast, By Surgery , 2017-2023($Million)
6.6.5. Japan
6.6.5.1. Market Assessment and Forecast, By Product , 2017-2023($Million)
6.6.5.2. Market Assessment and Forecast, By Surgery , 2017-2023($Million)
6.6.6. China
6.6.6.1. Market Assessment and Forecast, By Product , 2017-2023($Million)
6.6.6.2. Market Assessment and Forecast, By Surgery , 2017-2023($Million)
6.6.7. Australia
6.6.7.1. Market Assessment and Forecast, By Product , 2017-2023($Million)
6.6.7.2. Market Assessment and Forecast, By Surgery , 2017-2023($Million)
6.6.8. India
6.6.8.1. Market Assessment and Forecast, By Product , 2017-2023($Million)
6.6.8.2. Market Assessment and Forecast, By Surgery , 2017-2023($Million)
6.6.9. South Korea
6.6.9.1. Market Assessment and Forecast, By Product , 2017-2023($Million)
6.6.9.2. Market Assessment and Forecast, By Surgery , 2017-2023($Million)
6.6.10. Rest of Asia-Pacific
6.6.10.1. Market Assessment and Forecast, By Product , 2017-2023($Million)
6.6.10.2. Market Assessment and Forecast, By Surgery , 2017-2023($Million)
6.7. Rest of the World
6.7.1. Rest of the World Nerve Repair and Regeneration Sales and Growth Rate (2017-2017)
6.7.2. Market Assessment and Forecast, By Country, 2017-2023($Million)
6.7.3. Market Assessment and Forecast, By Product , 2017-2023($Million)
6.7.4. Market Assessment and Forecast, By Surgery , 2017-2023($Million)
6.7.5. Brazil
6.7.5.1. Market Assessment and Forecast, By Product , 2017-2023($Million)
6.7.5.2. Market Assessment and Forecast, By Surgery , 2017-2023($Million)
6.7.6. Turkey
6.7.6.1. Market Assessment and Forecast, By Product , 2017-2023($Million)
6.7.6.2. Market Assessment and Forecast, By Surgery , 2017-2023($Million)
6.7.7. Saudi Arabia
6.7.7.1. Market Assessment and Forecast, By Product , 2017-2023($Million)
6.7.7.2. Market Assessment and Forecast, By Surgery , 2017-2023($Million)
6.7.8. South Africa
6.7.8.1. Market Assessment and Forecast, By Product , 2017-2023($Million)
6.7.8.2. Market Assessment and Forecast, By Surgery , 2017-2023($Million)
6.7.9. United Arab Emirates
6.7.9.1. Market Assessment and Forecast, By Product , 2017-2023($Million)
6.7.9.2. Market Assessment and Forecast, By Surgery , 2017-2023($Million)
6.7.10. Others
6.7.10.1. Market Assessment and Forecast, By Product , 2017-2023($Million)
6.7.10.2. Market Assessment and Forecast, By Surgery , 2017-2023($Million)
7. Company Profiles
7.1. Life Sciences
7.1.1. Business Overview
7.1.2. Product Portfolio
7.1.3. Strategic Developments
7.1.4. Nerve Repair and Regeneration Sales, Revenue and Market Share
7.2. St. Jude Medical
7.2.1. Business Overview
7.2.2. Product Portfolio
7.2.3. Strategic Developments
7.2.4. Nerve Repair and Regeneration Sales, Revenue and Market Share
7.3. Cyberonics Inc
7.3.1. Business Overview
7.3.2. Product Portfolio
7.3.3. Strategic Developments
7.3.4. Nerve Repair and Regeneration Sales, Revenue and Market Share
7.4. AxoGen Inc
7.4.1. Business Overview
7.4.2. Product Portfolio
7.4.3. Strategic Developments
7.4.4. Nerve Repair and Regeneration Sales, Revenue and Market Share
7.5. Baxter International
7.5.1. Business Overview
7.5.2. Product Portfolio
7.5.3. Strategic Developments
7.5.4. Nerve Repair and Regeneration Sales, Revenue and Market Share
7.6. Stryker Corporation
7.6.1. Business Overview
7.6.2. Product Portfolio
7.6.3. Strategic Developments
7.6.4. Nerve Repair and Regeneration Sales, Revenue and Market Share
7.7. Medtronic
7.7.1. Business Overview
7.7.2. Product Portfolio
7.7.3. Strategic Developments
7.7.4. Nerve Repair and Regeneration Sales, Revenue and Market Share
7.8. Polyganics B.V
7.8.1. Business Overview
7.8.2. Product Portfolio
7.8.3. Strategic Developments
7.8.4. Nerve Repair and Regeneration Sales, Revenue and Market Share
8. Global Nerve Repair and Regeneration Market Competition, by Manufacturer
8.1. Global Nerve Repair and Regeneration Sales and Market Share by Manufacturer (2017-2017)
8.2. Global Nerve Repair and Regeneration Revenue and Market Share by Manufacturer (2017-2017)
8.3. Top 5 Nerve Repair and Regeneration Manufacturer Market Share
8.4. Market Competition Trend
List of Tables and Figures
*You can glance through the list of Tables and Figures when you view the sample copy of Nerve Repair and Regeneration Market.
Research Methodology
We use both primary as well as secondary research for our market surveys, estimates and for developing forecast. Our research process commence by analyzing the problem which enable us to design the scope for our research study. Our research process is uniquely designed with enough flexibility to adjust according to changing nature of products and markets, while retaining core element to ensure reliability and accuracy in research findings. We understand both macro and micro-economic factors to evaluate and forecast different market segments.
Data Mining
Data is extensively collected through various secondary sources such as annual reports, investor presentations, SEC filings, and other corporate publications. We also refer trade magazines, technical journals, paid databases such as Factiva and Bloomberg, industry trade journals, scientific journals, and social media data to understand market dynamics and industry trends. Further, we also conduct primary research to understand market drivers, restraints, opportunities, challenges, and competitive scenario to build our analysis.
Data Collection Matrix
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Data Collection Matrix |
Supply Side |
Demand Side |
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Primary Data Sources |
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Secondary Data Sources |
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Market Modeling and Forecasting
We use epidemiology and capital equipment-based models to forecast market size of different segments at country and regional level.
- Epidemiology-based Forecasting Model: This method uses epidemiology data gathered through various publications and from physicians to estimate population of patients, flow of treatment of individual disease and therapies. The data collected through this method includes statics on incidence of disease, population suffering from disease, and treatment population. This method is used to understand:
- Number of patients for particular device or medical procedure and
- Repeated use of particular device depending on health and condition of patient
- Capital-based Forecasting Model: This method of forecasting is based on number of replacements, installed-based and new sales of capital equipment used in various healthcare and diagnostic centers. These three parameters are calculated and forecast is developed. Installation base is calculated as average number of units per facility; while sales for particular year is calculated from number of new and replace units. Secondary data is collected through various supply chain intermediaries and opinion leaders to arrive at installation and sales rate. These techniques help our analysts in validating market and developed market estimates and forecast.
We do forecast on basis of several parameters such as market drivers, market opportunities, industry trends government regulations, raw materials supply and trade dynamics to ensure relevance of forecast with market scenario. With increasing need to granulized information, we used bottom-up methodology for forecasting where we evaluate each regional segment differently and combined all forecast to develop final market forecast.
Data Validation
We believe primary research is a very important tool in analyzing and forecasting different markets. In order to make sure accuracy of our findings, our team conducts primary interviews at every stage of research to gain deep insights into current business environment and future trends and key developments in market. This includes use of various methods such as telephonic interviews, focus groups, face to face interviews and questionnaires to validate our research from all aspects. We validate our data through primary research from key industry leaders such as CEO, product managers, marketing managers, suppliers, distributors, and consumers are frequently interviewed. These interviews provide valuable insights which help us to have better market understanding besides validating our estimates and forecast.
Data Triangulation
Industry Analysis
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Qualitative Data |
Quantitative Data (2017-2025) |
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