Global Nerve Repair and Regeneration Market By Type (Nerve Conduit, Nerve Wrap, Nerve Graft, Nerve Cap), By Indication (Direct Nerve Repair/Neurorrhaphy, Nerve Graft), By Region, and Key Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2021-2031
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Rising number of road accidents globally is another key factor expected to increase adoption of neuromodulation and neurostimulation devices.
Market.US announces the publication of its most recently generated research report titled, “Global Nerve Repair and Regeneration Market by Type (Nerve Conduit, Nerve Wrap, Nerve Graft and Nerve Cap), by Indication (Direct Nerve Repair/Neurorrhaphy, Nerve Graft), and by Region – Global Forecast to 2028”, which offers a holistic view of the Global Nerve Repair and Regeneration Market through systematic segmentation that covers every aspect of the target market.
The Global Nerve Repair and Regeneration Market is projected to be US$ 5,686.2 Mn in 2021 to reach US$ 8,210.0 Mn by 2028 at a CAGR of 5.2%.
Nerve repair and regeneration (NRaR) refers to a neural tissue engineering process used for the treatment of a nerve injury. It facilitates the regrowth of new neurons, glial cells, myelin, axons, and synapses. It also aids in restoring the normal functioning of the nerve after nerve damage, which is usually caused by pressure, blunt trauma, stretching, or cutting of a nerve.trending_up Total Revenue in 2018
$ 5,686.2 Mntrending_up Market CAGR of the Next Ten Years
5.2%no_encryption Market Value (US$ Mn), Share (%) and Growth Rate (%) Comparison 2012-2028Purchase this report or a membership to unlock the market value (US$ Mn), share (%) and growth rate (%) comparison for this industry.
no_encryption Leading Companies Financial HighlightsPurchase this report or a membership to unlock the leading companies financial highlights for this industry.trending_up Market Revenue of the Next Ten Years
- By Type
- By Region
- By Application
$ 8,210.0 Mn
NRaR involves the use of biomaterials and various neuro-stimulation and neuromodulation devices. Biomaterials include nerve conduits, nerve protectors, nerve wraps, and nerve connectors. They are used for direct neuropathy, nerve grafting, stem cell therapy, and transcutaneous, transcranial magnetic, spinal cord, deep brain, sacral nerve, and vagus nerve stimulation.
Global Nerve Repair and Regeneration Market Revenue (US$ Mn), 2021–2028
Growing geriatric population and subsequent increase in neurological disorders amongst them is estimated to further augment the market growth. Increasing government spending on healthcare infrastructure, particularly in emerging economies and commercialization of products will prove to be major factors for growth of the nerve repair and regeneration market in these countries.
Emerging technological developments such as improved sensors, increased device memory, and rechargeable batteries in these devices is expected to further augment the market growth. Other developments including external signals to improve closed loop synchronizations is expected to be the next generation technology capability. In addition, increased number of electrodes to improve both stimulation and recording capacities in devices will also provide an added advantage to end-users.
High cost of surgeries and neurostimulation and neuromodulation devices, which reflects directly on treatment cost of patients is expected to be the major factor restraining growth of global nerve repair and regeneration market.
Global Nerve Repair and Regeneration Market Attractiveness Analysis by Type, 2012–2018
The research report on the Global Nerve Repair and Regeneration Market includes profiles of some of the major companies such as Abbott Laboratories, AxoGen Inc., Boston Scientific Corporation, LivaNova PLC, Medtronic plc, Nuvectra Corporation, Polyganics Holding B.V., and Stryker Corporation among Others.
Segmentation for Global Nerve Repair and Regeneration Market Based on Type, Indication, and Region
Based on Type
- Nerve Conduit
- Nerve Wrap
- Nerve Graft and Nerve Cap
Based on Indication
- Direct Nerve Repair/Neurorrhaphy
- Nerve Graft
Based on Key Players:-
- Abbott Laboratories
- AxoGen Inc.
- Boston Scientific Corporation
- LivaNova PLC
- Medtronic plc
- Nuvectra Corporation
- Polyganics Holding B.V.
- Stryker Corporation
Based on Region/Country
- United States
- Southeast Asia
- Rest of the World
For the Nerve Repair and Regeneration Market research study, the following years have been considered to estimate the market size:
Attribute Report Details
Short Term Projection Year
Long Term Projection Year
Competitive Landscape, Revenue analysis, Company Share Analysis, Manufacturers Analysis, Volume by Manufacturers, Key Segments, Key company analysis, Market Trends, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis, strategy for existing players to grab maximum market share, and more.
North America, Europe, Asia-Pacific, South America, Middle East & Africa
United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa
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