Vagus Nerve Stimulators Market Size, Analysis, Share, Current and Future Growth Overview 2022-2030
SEATTLE, UNITED STATES, UNITED STATES, October 7, 2022 /EINPresswire.com/ — Vagus nerve stimulation (VNS) is a procedure that involves electrical or manual stimulation of the vagus nerve. Right cervical VNS is effective in treating heart failure, but left cervical VNS is effective in treating refractory epilepsy and resistant depression. Vagus nerve stimulation can be done via vagus nerve stimulators, which provide mild, regular electrical pulses to the brain via the vagus nerve. Vagus nerve stimulators can be implanted or worn as a portable device. Traditionally, a vagus nerve stimulator is surgically placed beneath the skin of the chest, with a wire run beneath the skin connecting the device to the left vagus nerve. Changes in voice/speech, throat or neck pain, headache, sleeplessness, indigestion, nausea or vomiting, reduced sense of touch, and other side effects are connected with the usage of vagus nerve stimulators.
Global vagus nerve stimulators market is estimated to be valued at US$ 628.3 million in 2022 and is expected to exhibit a CAGR of 9.0% over the forecast period (2022-2030).
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Key Companies & Market Share Insights:
The increasing government spending on the infrastructure and manufacturing sector is anticipated to drive the Vagus Nerve Stimulators market during the forecast period. Partnerships, strategic mergers, and acquisitions are projected to be the most effective manners for industry players to obtain quick admittance to emerging markets and improve their technological capabilities.
⏩ Top Key Manufacturers of the Report:
• LivaNova PLC*
• electroCore, Inc.
• SetPoint Medical Corporation
• Beijing PINS Medical Co., Ltd.
• Parasym Ltd.
• Nervana, LLC
• tVNS Technologies GmbH
• BioControl Medical
• NeurAxis, Inc.
• Soterix Medical Inc.
• MicroTransponder Inc.
• Boston Scientific Corporation
• Cyberonics, Inc.
• EnteroMedics Inc.
• ReShape Lifesciences Inc.
• Cerbomed GmbH
Scope of the Report:
The Global Vagus Nerve Stimulators market report provides a holistic evaluation of the market for the forecast period (2022-2030). The report comprises various segments as well an analysis of the trends and factors that are playing a substantial role in the market. The Vagus Nerve Stimulators market report growth depends on product application, type, technology, and region. An extended view of regional analysis aims to bring readers closer to market opportunities and risks. It also examines the economic scenarios with the impact of Covid-19 analysis is expected to grow the market on a large and small scale.
⏩ Market Segments covered in the Report:
By Product Type:
Implantable Devices
External Devices
By Application:
Epilepsy
Depression & Anxiety
Cluster Headache & Migraine
Others (Crohn’s disease, Dyskinesia, among others)
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☑ It attempts an analysis of the competing scenario.
☑ The current and exceptional product revenue market.
☑ An in-depth data on the regional investigation and competitive landscape structure.
☑ It benefits in creating an awareness of the important key product segments.
☑ The marketing strategies, opportunities, and development factors are explained.
☑ Vagus Nerve Stimulators market size estimation and recent advancements in the industry are explained.
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Regional Analysis for Vagus Nerve Stimulators Market:
• APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, and Sri Lanka)
• Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Belgium, Denmark, Austria, Norway, Sweden, The Netherlands, Poland, Czech Republic, Slovakia, Hungary, and Romania)
• North America (U.S., Canada, and Mexico)
• South America (Brazil, Chile, Argentina, Rest of South America)
• MEA (Saudi Arabia, UAE, South Africa)
Furthermore, the years considered for the study are as follows:
Historical year – 2016-2020
Base year – 2021
Forecast period** – 2022 to 2030 [** unless otherwise stated]
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Revenue and Sales Estimation:
Historical Revenue and sales volume are presented and further data is triangulated with top-down and bottom-up approaches to forecast complete market size and to estimate forecast numbers for key regions covered in the report along with classified and well-recognized types and end-use industries. The report on the global Vagus Nerve Stimulators Market examines changing regulatory scenarios to make accurate projections about potential investments.
Some of the key questions answered in this report:
✦ What will the market growth rate, growth momentum, or acceleration the market carry during the forecast period?
✦ Which are the key factors driving the Vagus Nerve Stimulators market?
✦ What was the size of the emerging Vagus Nerve Stimulators market by value in 2022?
✦ What will be the size of the emerging Vagus Nerve Stimulators market in 2030?
✦ Which region is expected to hold the highest market share in the Vagus Nerve Stimulators market?
✦ What trends, challenges, and barriers will impact the development and sizing of the global Vagus Nerve Stimulators market?
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