The sacral nerve stimulation (SNS) market size has the potential to grow by USD 192.50 million during 2020-2024, and the market’s growth momentum will accelerate during the forecast period.
This report provides a detailed analysis of the market by product (implantable SNS devices and external SNS devices), end-user (hospitals and ASCs), and geography (APAC, Europe, North America, and ROW). Also, the report analyzes the market’s competitive landscape and offers information on several market vendors, including Abbott Laboratories, Axonics Modulation Technologies Inc., Boston Scientific Corp., Laborie Medical Technologies Corp., LivaNova Plc, Medtronic Plc, NeuroPace Inc., Nevro Corp., Nuvectra Corp., and Synapse Biomedical Inc.
Market Overview
Browse TOC and LoE with selected illustrations and example pages of Sacral Nerve Stimulation Market
Market Competitive Analysis
The SNS market is concentrated. Abbott Laboratories, Axonics Modulation Technologies Inc., and Boston Scientific Corp. are some of the major market participants. Factors such as increasing geriatric population with sacral nerve issues, increasing R&D efforts by companies in the SNS market, and untapped emerging countries for SNS adoption will offer immense growth opportunities. However, side-effects concerned with the use of SNS devices, magnetic sphincter augmentation posing a threat to SNS in treating severe fecal incontinence, and unfavorable reimbursement scenario for SNS procedures may impede market growth. To make the most of the opportunities, vendors should focus on growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
To help clients improve their market position, this sacral nerve stimulation market forecast report provides a detailed analysis of the market leaders and offers information on the competencies and capacities of these companies. The report also covers details on the market’s competitive landscape and offers information on the products offered by various companies. Moreover, this sacral nerve stimulation market analysis report provides information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities.
This report provides information on the production, sustainability, and prospects of several leading companies, including:
- Abbott Laboratories
- Axonics Modulation Technologies Inc.
- Boston Scientific Corp.
- Laborie Medical Technologies Corp.
- LivaNova Plc
- Medtronic Plc
- NeuroPace Inc.
- Nevro Corp.
- Nuvectra Corp.
- Synapse Biomedical Inc.
Sacral Nerve Stimulation Market: Segmentation by Geography
For more insights on the market share of various regions Request for a FREE sample now!
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. North America will offer several growth opportunities to market vendors during the forecast period.
35% of the market’s growth will originate from North America during the forecast period. The US is a key market for sacral nerve stimulation in North America. This report provides an accurate prediction of the contribution of all segments to the growth of the sacral nerve stimulation market size.
Sacral Nerve Stimulation Market: Key Highlights of the Report for 2020-2024
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will drive sacral nerve stimulation market growth during the next five years
- Precise estimation of the SNS market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the sacral nerve stimulation industry across APAC, Europe, North America, and ROW
- A thorough analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of sacral nerve stimulation market vendors
We can help! Our analysts can customize this report to meet your requirements. Get in touch
You may be interested in:
Peripheral Nerve Stimulators Market - The market size has the potential to grow by USD 141.03 million during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 5.25%.
|
Sacral Nerve Stimulation Market Scope |
|
|
Report Coverage |
Details |
|
Page number |
120 |
|
Base year |
2019 |
|
Forecast period |
2020-2024 |
|
Growth momentum & CAGR |
Accelerate at a CAGR of 5% |
|
Market growth 2020-2024 |
$ 192.50 million |
|
Market structure |
Concentrated |
|
YoY growth (%) |
1.99 |
|
Regional analysis |
North America, Europe, APAC, and ROW |
|
Performing market contribution |
North America at 35% |
|
Key consumer countries |
US, UK, Germany, China, Japan, and France |
|
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
|
Companies profiled |
Abbott Laboratories, Axonics Modulation Technologies Inc., Boston Scientific Corp., Laborie Medical Technologies Corp., LivaNova Plc, Medtronic Plc, NeuroPace Inc., Nevro Corp., Nuvectra Corp., and Synapse Biomedical Inc. |
|
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period, |
|
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |