1	INTRODUCTION	31
1.1	STUDY OBJECTIVES	31
1.2	MARKET DEFINITION	31
1.2.1	INCLUSIONS AND EXCLUSIONS	31
1.3	MARKET SCOPE	32
1.3.1	MARKETS COVERED	32
1.3.2	YEARS CONSIDERED	33
1.3.3	CURRENCY CONSIDERED	33
1.4	STAKEHOLDERS	33
1.5	SUMMARY OF CHANGES	34
2	RESEARCH METHODOLOGY	35
2.1	RESEARCH DATA	35
FIGURE 1	RESEARCH DESIGN	35
2.1.1	SECONDARY DATA	36
2.1.1.1	Secondary sources	37
2.1.2	PRIMARY DATA	37
2.1.2.1	Key data from primary sources	38
2.1.2.2	Key industry insights	39
2.1.2.3	Breakdown of primary interviews: supply- and demand-side participants	39
FIGURE 2	BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY TYPE, DESIGNATION,  AND REGION (SUPPLY SIDE)	40
FIGURE 3	BREAKDOWN OF PRIMARY INTERVIEWS: BY END USER, DESIGNATION,  AND REGION (DEMAND SIDE)	40
2.2	MARKET SIZE ESTIMATION	41
2.2.1	BOTTOM-UP APPROACH	41
FIGURE 4	MARKET SIZE ESTIMATION: BOTTOM-UP APPROACH	41
FIGURE 5	MARKET SIZE ESTIMATION: TOP-DOWN APPROACH	42
FIGURE 6	CAGR PROJECTIONS: SUPPLY-SIDE ANALYSIS	43
2.3	MARKET BREAKDOWN AND DATA TRIANGULATION	44
FIGURE 7	DATA TRIANGULATION	44
2.4	MARKET SHARE ASSESSMENT	45
2.5	ASSUMPTIONS	45
2.6	RISK ASSESSMENT	45
2.7	RESEARCH LIMITATIONS	46
2.7.1	METHODOLOGY-RELATED LIMITATIONS	46
2.7.2	SCOPE-RELATED LIMITATIONS	46
2.8	IMPACT OF RECESSION ON NEUROMODULATION MARKET	46
3	EXECUTIVE SUMMARY	47
FIGURE 8	NEUROMODULATION MARKET, BY TYPE, 2023 VS. 2028 (USD MILLION)	47
FIGURE 9	NEUROMODULATION MARKET FOR INTERNAL, BY TYPE,  2023 VS. 2028 (USD MILLION)	48
FIGURE 10	NEUROMODULATION MARKET FOR EXTERNAL, BY TYPE,  2023 VS. 2028 (USD MILLION)	48
FIGURE 11	NEUROMODULATION MARKET, BY REGION	49
4	PREMIUM INSIGHTS	50
4.1	ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN NEUROMODULATION MARKET	50
FIGURE 12	RISING PREVALENCE OF NEUROLOGICAL DISORDERS TO CREATE LUCRATIVE OPPORTUNITIES FOR MARKET PLAYERS	50
4.2	NORTH AMERICAN NEUROMODULATION MARKET, BY TYPE AND COUNTRY	51
FIGURE 13	INTERNAL NEUROMODULATION SEGMENT AND US ACCOUNTED FOR LARGEST SHARES OF NORTH AMERICAN MARKET IN 2022	51
4.3	NEUROMODULATION MARKET, BY COUNTRY	52
FIGURE 14	CHINA TO REGISTER HIGHEST CAGR IN NEUROMODULATION MARKET DURING FORECAST PERIOD	52
4.4	NEUROMODULATION MARKET, BY REGION	53
FIGURE 15	ASIA PACIFIC TO WITNESS HIGHEST GROWTH DURING FORECAST PERIOD	53
4.5	NEUROMODULATION MARKET: DEVELOPED VS. DEVELOPING MARKETS	53
FIGURE 16	DEVELOPING MARKETS TO REGISTER HIGHER GROWTH DURING FORECAST PERIOD	53
5	MARKET OVERVIEW	54
5.1	INTRODUCTION	54
5.2	MARKET DYNAMICS	54
FIGURE 17	NEUROMODULATION MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES,  CHALLENGES, AND TRENDS	54
5.2.1	DRIVERS	55
5.2.1.1	Rising prevalence of neurological disorders and nerve injuries	55
5.2.1.2	Increasing focus on development of advanced neuromodulation and neurostimulation technologies	55
5.2.1.3	Increasing collaborations among device manufacturers, healthcare providers, and research institutions to develop neuromodulation devices	56
5.2.1.4	Growing geriatric population and subsequent increase in prevalence of neurological disorders	56
5.2.1.5	Availability of reimbursements for neuromodulation devices	56
5.2.1.6	Government-led support for research on neurological disorders	57
5.2.2	RESTRAINTS	57
5.2.2.1	High cost of neuromodulation procedures	57
5.2.2.2	Preference for drug therapies over neuromodulation products	57
5.2.2.3	Adverse effects and complications associated with neuromodulation devices	58
TABLE 1	POTENTIAL ADVERSE EFFECTS ASSOCIATED WITH DIFFERENT NEUROMODULATION DEVICES	58
5.2.3	OPPORTUNITIES	58
5.2.3.1	Large population and increasing healthcare expenditure in emerging economies	58
5.2.3.2	Widening application scope of neuromodulation	58
TABLE 2	INDICATIVE LIST OF NEUROMODULATION CLINICAL TRIALS	59
FIGURE 18	PUBLISHED RESEARCH PAPERS, 2013–2022	59
5.2.4	CHALLENGES	60
5.2.4.1	Stringent regulatory framework and time-consuming approval processes for neuromodulation and neurostimulation devices	60
5.2.4.2	Shortage of trained professionals	60
5.2.4.3	Product recalls	60
TABLE 3	MAJOR PRODUCT RECALLS	60
5.2.5	TRENDS	61
5.2.5.1	Role of artificial intelligence (AI) in advancing neuromodulation	61
5.3	VALUE CHAIN ANALYSIS	61
FIGURE 19	NEUROMODULATION MARKET: VALUE CHAIN ANALYSIS	61
5.3.1	RESEARCH AND DEVELOPMENT (R&D)	62
5.3.2	MANUFACTURING AND ASSEMBLY	62
5.3.3	DISTRIBUTION, MARKETING & SALES, AND POST-SALES SERVICES	62
5.4	SUPPLY CHAIN ANALYSIS	62
FIGURE 20	DIRECT DISTRIBUTION—PREFERRED STRATEGY OF PROMINENT COMPANIES	63
5.5	TECHNOLOGY ANALYSIS	63
5.6	PORTER’S FIVE FORCES ANALYSIS	64
TABLE 4	NEUROMODULATION MARKET: PORTER’S FIVE FORCES ANALYSIS	64
5.6.1	THREAT OF NEW ENTRANTS	64
5.6.2	INTENSITY OF COMPETITIVE RIVALRY	64
5.6.3	BARGAINING POWER OF BUYERS	64
5.6.4	BARGAINING POWER OF SUPPLIERS	64
5.6.5	THREAT OF SUBSTITUTES	65
5.7	KEY STAKEHOLDERS AND BUYING CRITERIA	65
5.7.1	KEY STAKEHOLDERS IN BUYING PROCESS	65
FIGURE 21	INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY END USER	65
TABLE 5	INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS BY END USER	65
5.7.2	BUYING CRITERIA	65
FIGURE 22	KEY BUYING CRITERIA BY END USER	65
5.8	REGULATORY LANDSCAPE	66
TABLE 6	LIST OF REGULATORY AUTHORITIES GOVERNING NEUROMODULATION	66
5.8.1	REGULATORY LANDSCAPE, BY REGION	67
5.8.1.1	North America	67
5.8.1.1.1	US	67
TABLE 7	CLASSIFICATION OF MEDICAL DEVICES BY US FDA	67
5.8.1.2	Europe	67
5.8.1.3	Asia Pacific	68
5.8.1.3.1	India	68
5.8.1.3.2	China	68
TABLE 8	NMPA MEDICAL DEVICES CLASSIFICATION	68
5.8.1.4	Japan	68
TABLE 9	JAPAN: CLASSIFICATION OF MEDICAL DEVICES	68
5.9	PATENT ANALYSIS	69
5.10	KEY CONFERENCES AND EVENTS, 2024–2025	69
TABLE 10	NEUROMODULATION MARKET: LIST OF CONFERENCES AND EVENTS, 2024–2025	69
5.11	PRICING ANALYSIS	71
TABLE 11	PRICE RANGE OF NEUROMODULATION DEVICES AND PROCEDURES, 2022	71
5.12	TRADE ANALYSIS	72
TABLE 12	IMPORT DATA FOR HS CODE 901890-COMPLIANT PRODUCTS, BY COUNTRY,  2018–2022 (USD MILLION)	72
TABLE 13	EXPORT DATA FOR HS CODE 901890-COMPLIANT PRODUCTS, BY COUNTRY,  2018–2022 (USD MILLION)	72
5.13	ECOSYSTEM MAPPING	73
FIGURE 23	NEUROMODULATION MARKET: ECOSYSTEM MAPPING	73
TABLE 14	COMPANIES AND THEIR ROLES IN NEUROMODULATION ECOSYSTEM	73
FIGURE 24	KEY PLAYERS IN NEUROMODULATION MARKET	74
5.14	TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES	74
FIGURE 25	TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES	74
6	NEUROMODULATION MARKET, BY TYPE	75
6.1	INTRODUCTION	76
TABLE 15	NEUROMODULATION MARKET, BY TYPE, 2021–2028 (USD MILLION)	76
6.2	INTERNAL NEUROMODULATION	76
TABLE 16	INTERNAL: NEUROMODULATION MARKET, BY TYPE, 2021–2028 (USD MILLION)	77
TABLE 17	INTERNAL: NEUROMODULATION MARKET, BY REGION, 2021–2028 (USD MILLION)	77
6.2.1	SPINAL CORD STIMULATION	77
6.2.1.1	Growing incidence of spinal cord injuries to fuel market growth	77
TABLE 18	SPINAL CORD STIMULATION DEVICES OFFERED BY MAJOR COMPANIES	79
TABLE 19	INTERNAL: NEUROMODULATION MARKET FOR SPINAL CORD STIMULATION, BY REGION, 2021–2028 (USD MILLION)	79
6.2.2	DEEP BRAIN STIMULATION	80
6.2.2.1	Growing use to control debilitating symptoms caused by neurological disorders to drive market	80
TABLE 20	DEEP BRAIN STIMULATION DEVICES OFFERED BY MAJOR COMPANIES	81
TABLE 21	INTERNAL: NEUROMODULATION MARKET FOR DEEP BRAIN STIMULATION, BY REGION, 2021–2028 (USD MILLION)	81
6.2.3	VAGUS NERVE STIMULATION	81
6.2.3.1	Rising geriatric population and high incidence of epilepsy to drive market	81
TABLE 22	VAGUS NERVE STIMULATION DEVICES OFFERED BY MAJOR COMPANIES	82
TABLE 23	INTERNAL: NEUROMODULATION MARKET FOR VAGUS NERVE STIMULATION, BY REGION, 2021–2028 (USD MILLION)	82
6.2.4	SACRAL NERVE STIMULATION	82
6.2.4.1	Widening application scope of sacral nerve stimulation to drive market	82
TABLE 24	SACRAL NERVE STIMULATION DEVICES OFFERED BY MAJOR COMPANIES	83
TABLE 25	INTERNAL: NEUROMODULATION MARKET FOR SACRAL NERVE STIMULATION, BY REGION, 2021–2028 (USD MILLION)	83
6.2.5	GASTRIC ELECTRICAL STIMULATION	84
6.2.5.1	Growing number of people suffering from severe gastroesophageal reflux disease (GERD) and gastroparesis to fuel market growth	84
TABLE 26	GASTRIC ELECTRICAL STIMULATION DEVICES OFFERED BY MAJOR COMPANIES	84
TABLE 27	INTERNAL: NEUROMODULATION MARKET FOR GASTRIC ELECTRICAL STIMULATION,  BY REGION, 2021–2028 (USD MILLION)	84
6.3	EXTERNAL NEUROMODULATION	85
TABLE 28	EXTERNAL NEUROMODULATION: NEUROMODULATION MARKET, BY TYPE,  2021–2028 (USD MILLION)	85
TABLE 29	EXTERNAL NEUROMODULATION: NEUROMODULATION MARKET, BY REGION,  2021–2028 (USD MILLION)	85
6.3.1	TRANSCUTANEOUS ELECTRICAL NERVE STIMULATION (TENS)	86
6.3.1.1	Extensive use in healthcare sector, low cost, and ease of use to fuel market growth	86
TABLE 30	TRANSCUTANEOUS ELECTRICAL NERVE STIMULATION DEVICES OFFERED BY MAJOR COMPANIES	86
TABLE 31	EXTERNAL: NEUROMODULATION MARKET FOR TRANSCUTANEOUS ELECTRICAL NERVE STIMULATION, BY REGION, 2021–2028 (USD MILLION)	87
6.3.2	TRANSCRANIAL MAGNETIC STIMULATION (TMS)	87
6.3.2.1	Minimal patient discomfort associated with transcranial magnetic stimulation (TMS) to support demand	87
TABLE 32	TRANSCRANIAL MAGNETIC STIMULATION DEVICE OFFERED BY MAJOR COMPANIES	87
TABLE 33	EXTERNAL: NEUROMODULATION MARKET FOR TRANSCRANIAL MAGNETIC STIMULATION, BY REGION, 2021–2028 (USD MILLION)	88
6.3.3	RESPIRATORY ELECTRICAL STIMULATION	88
6.3.3.1	High treatment efficacy to fuel market growth	88
TABLE 34	RESPIRATORY ELECTRICAL STIMULATION DEVICE OFFERED BY MAJOR COMPANIES	88
TABLE 35	EXTERNAL: NEUROMODULATION MARKET FOR RESPIRATORY ELECTRICAL STIMULATION, BY REGION, 2021–2028 (USD MILLION)	89
 
7	NEUROMODULATION MARKET, BY APPLICATION	90
7.1	INTRODUCTION	91
7.2	NEUROMODULATION MARKET FOR SPINAL CORD STIMULATION, BY APPLICATION	91
TABLE 36	NEUROMODULATION MARKET FOR SPINAL CORD STIMULATION, BY APPLICATION,  2021–2028 (USD MILLION)	91
7.2.1	CHRONIC PAIN	91
7.2.1.1	High incidence of chronic pain to support market growth	91
TABLE 37	SPINAL CORD STIMULATION MARKET FOR CHRONIC PAIN, BY REGION,  2021–2028 (USD MILLION)	92
7.2.2	FAILED BACK SURGERY SYNDROME (FBSS)	92
7.2.2.1	Increasing incidence of failed back surgery syndrome (FBSS) with rising number of surgeries annually to drive demand	92
TABLE 38	SPINAL CORD STIMULATION MARKET FOR FAILED BACK SURGERY SYNDROME,  BY REGION, 2021–2028 (USD MILLION)	93
7.2.3	ISCHEMIA	93
7.2.3.1	High effectiveness of neuromodulation for ischemia treatment to support market growth	93
TABLE 39	SPINAL CORD STIMULATION MARKET FOR ISCHEMIA, BY REGION,  2021–2028 (USD MILLION)	93
7.3	NEUROMODULATION MARKET FOR DEEP BRAIN STIMULATION,  BY APPLICATION	94
TABLE 40	NEUROMODULATION MARKET FOR DEEP BRAIN STIMULATION, BY APPLICATION,  2021–2028 (USD MILLION)	94
7.3.1	PARKINSON’S DISEASE	94
7.3.1.1	Rising incidence of Parkinson’s disease and growing R&D for innovation to drive market	94
TABLE 41	DEEP BRAIN STIMULATION MARKET FOR PARKINSON’S DISEASE, BY REGION,  2021–2028 (USD MILLION)	95
7.3.2	TREMORS	95
7.3.2.1	High efficacy of deep brain stimulation (DBS) in treating tremors to boost demand	95
TABLE 42	DEEP BRAIN STIMULATION MARKET FOR TREMORS, BY REGION,  2021–2028 (USD MILLION)	95
7.3.3	DEPRESSION	96
7.3.3.1	Rising research and clinical studies related to depression treatment to drive market	96
TABLE 43	DEEP BRAIN STIMULATION MARKET FOR DEPRESSION, BY REGION,  2021–2028 (USD MILLION)	96
7.3.4	OTHER DBS APPLICATIONS	96
TABLE 44	DEEP BRAIN STIMULATION MARKET FOR OTHER DBS APPLICATIONS, BY REGION,  2021–2028 (USD MILLION)	97
7.4	NEUROMODULATION MARKET FOR SACRAL NERVE STIMULATION, BY APPLICATION	97
TABLE 45	NEUROMODULATION MARKET FOR SACRAL NERVE STIMULATION, BY APPLICATION, 2021–2028 (USD MILLION)	97
7.4.1	URINE INCONTINENCE	98
7.4.1.1	High incidence of urine incontinence to create growth opportunities	98
TABLE 46	SACRAL NERVE STIMULATION MARKET FOR URINE INCONTINENCE, BY REGION,  2021–2028 (USD MILLION)	98
7.4.2	FECAL INCONTINENCE	98
7.4.2.1	Reduced symptom recurrence with use of SNS in fecal incontinence treatment to drive demand	98
TABLE 47	SACRAL NERVE STIMULATION MARKET FOR FECAL INCONTINENCE, BY REGION,  2021–2028 (USD MILLION)	99
7.5	NEUROMODULATION MARKET FOR VAGUS NERVE STIMULATION (VNS), BY APPLICATION	99
TABLE 48	NEUROMODULATION MARKET FOR VAGUS NERVE SIMULATION, BY APPLICATION,  2021–2028 (USD MILLION)	99
7.5.1	EPILEPSY	99
7.5.1.1	Advantages associated with VNS in epilepsy treatment to propel market growth	99
TABLE 49	VAGUS NERVE STIMULATION MARKET FOR EPILEPSY, BY REGION,  2021–2028 (USD MILLION)	100
7.5.2	OTHER VNS APPLICATIONS	100
TABLE 50	VAGUS NERVE STIMULATION MARKET FOR OTHER VNS APPLICATIONS, BY REGION,  2021–2028 (USD MILLION)	100
7.6	NEUROMODULATION MARKET FOR GASTRIC ELECTRICAL STIMULATION, BY APPLICATION	101
TABLE 51	NEUROMODULATION MARKET FOR GASTRIC ELECTRICAL STIMULATION, BY APPLICATION, 2021–2028 (USD MILLION)	101
7.6.1	GASTROPARESIS	101
7.6.1.1	Reduced hospitalization time for patients affected by gastroparesis by GES treatment to drive market	101
TABLE 52	GASTRIC ELECTRICAL STIMULATION MARKET FOR GASTROPARESIS, BY REGION,  2021–2028 (USD MILLION)	101
7.6.2	OBESITY	102
7.6.2.1	High prevalence of obesity and risks associated with gastric bypass to fuel demand	102
TABLE 53	GASTRIC ELECTRICAL STIMULATION MARKET FOR OBESITY, BY REGION,  2021–2028 (USD MILLION)	102
7.7	NEUROMODULATION MARKET FOR TRANSCUTANEOUS ELECTRICAL NERVE STIMULATION, BY APPLICATION	102
TABLE 54	NEUROMODULATION MARKET FOR TRANSCUTANEOUS ELECTRICAL NERVE STIMULATION, BY APPLICATION, 2021–2028 (USD MILLION)	102
7.7.1	TREATMENT-RESISTANT DEPRESSION	103
7.7.1.1	Increasing prevalence of depression to boost market growth	103
TABLE 55	TRANSCUTANEOUS ELECTRICAL NERVE STIMULATION MARKET FOR TREATMENT-RESISTANT DEPRESSION, BY REGION, 2021–2028 (USD MILLION)	103
7.7.2	OTHER TENS APPLICATIONS	103
TABLE 56	TRANSCUTANEOUS ELECTRICAL NERVE STIMULATION MARKET FOR OTHER TENS APPLICATIONS, BY REGION, 2021–2028 (USD MILLION)	104
 
7.8	NEUROMODULATION MARKET FOR TRANSCRANIAL MAGNETIC STIMULATION, BY APPLICATION	104
TABLE 57	NEUROMODULATION MARKET FOR TRANSCRANIAL MAGNETIC STIMULATION,  BY APPLICATION, 2021–2028 (USD MILLION)	104
TABLE 58	TRANSCRANIAL MAGNETIC STIMULATION MARKET FOR DEPRESSION, BY REGION, 2021–2028 (USD MILLION)	104
7.8.1	DEPRESSION	105
7.8.1.1	High effectiveness of TMS and increased acceptance among patients to drive market	105
TABLE 59	TRANSCRANIAL MAGNETIC STIMULATION MARKET FOR DEPRESSION, BY REGION,  2021–2028 (USD MILLION)	105
7.8.2	MIGRAINE	105
7.8.2.1	High prevalence of migraine to support market growth	105
TABLE 60	TRANSCRANIAL MAGNETIC STIMULATION MARKET FOR MIGRAINE, BY REGION,  2021–2028 (USD MILLION)	106
7.9	NEUROMODULATION MARKET FOR RESPIRATORY ELECTRICAL STIMULATION, BY APPLICATION	106
7.9.1	SPINAL CORD INJURY	106
7.9.1.1	Rising incidence of spinal cord injuries to fuel demand	106
TABLE 61	RESPIRATORY ELECTRICAL STIMULATION MARKET FOR SPINAL CORD INJURY, BY REGION, 2021–2028 (USD MILLION)	106
8	NEUROMODULATION MARKET, BY REGION	107
8.1	INTRODUCTION	108
TABLE 62	NEUROMODULATION MARKET, BY REGION, 2021–2028 (USD MILLION)	108
8.2	NORTH AMERICA	108
FIGURE 26	NORTH AMERICA: NEUROMODULATION MARKET SNAPSHOT	109
TABLE 63	NORTH AMERICA: NEUROMODULATION MARKET, BY COUNTRY,  2021–2028 (USD MILLION)	109
TABLE 64	NORTH AMERICA: NEUROMODULATION MARKET, BY TYPE, 2021–2028 (USD MILLION)	110
TABLE 65	NORTH AMERICA: NEUROMODULATION MARKET FOR INTERNAL, BY TYPE,  2021–2028 (USD MILLION)	110
TABLE 66	NORTH AMERICA: NEUROMODULATION MARKET FOR EXTERNAL, BY TYPE,  2021–2028 (USD MILLION)	110
TABLE 67	NORTH AMERICA: NEUROMODULATION MARKET FOR SPINAL CORD STIMULATION,  BY APPLICATION, 2021–2028 (USD MILLION)	111
TABLE 68	NORTH AMERICA: NEUROMODULATION MARKET FOR DEEP BRAIN STIMULATION,  BY APPLICATION, 2021–2028 (USD MILLION)	111
TABLE 69	NORTH AMERICA: NEUROMODULATION MARKET FOR SACRAL NERVE STIMULATION,  BY APPLICATION, 2021–2028 (USD MILLION)	111
TABLE 70	NORTH AMERICA: NEUROMODULATION MARKET FOR VAGUS NERVE STIMULATION,  BY APPLICATION, 2021–2028 (USD MILLION)	112
TABLE 71	NORTH AMERICA: NEUROMODULATION MARKET FOR GASTRIC ELECTRICAL STIMULATION, BY APPLICATION, 2021–2028 (USD MILLION)	112
TABLE 72	NORTH AMERICA: NEUROMODULATION MARKET FOR TRANSCRANIAL MAGNETIC STIMULATION, BY APPLICATION, 2021–2028 (USD MILLION)	112
TABLE 73	NORTH AMERICA: NEUROMODULATION MARKET FOR TRANSCUTANEOUS ELECTRICAL NERVE STIMULATION, BY APPLICATION, 2021–2028 (USD MILLION)	113
8.2.1	US	113
8.2.1.1	Large presence of prominent players to drive market	113
FIGURE 27	PROJECTED NUMBER OF PEOPLE WITH ALZHEIMER’S DEMENTIA IN US,  2020–2060 (MILLION)	114
TABLE 74	US FDA-APPROVED PRODUCTS, 2019–2022	114
TABLE 75	US: NEUROMODULATION MARKET, BY TYPE, 2021–2028 (USD MILLION)	115
TABLE 76	US: NEUROMODULATION MARKET FOR INTERNAL, BY TYPE,  2021–2028 (USD MILLION)	115
TABLE 77	US: NEUROMODULATION MARKET FOR EXTERNAL, BY TYPE,  2021–2028 (USD MILLION)	115
8.2.2	CANADA	116
8.2.2.1	Rising healthcare expenditure and increasing prevalence of chronic diseases to drive demand	116
TABLE 78	NEUROLOGICAL CONDITIONS PREVALENT IN CANADA, 2016–2031	116
TABLE 79	CANADA: NEUROMODULATION MARKET, BY TYPE, 2021–2028 (USD MILLION)	117
TABLE 80	CANADA: NEUROMODULATION MARKET FOR INTERNAL, BY TYPE,  2021–2028 (USD MILLION)	117
TABLE 81	CANADA: NEUROMODULATION MARKET FOR EXTERNAL, BY TYPE,  2021–2028 (USD MILLION)	118
8.2.3	NORTH AMERICAN NEUROMODULATION MARKET: RECESSION IMPACT	118
8.3	EUROPE	118
TABLE 82	PREVALENCE OF DEMENTIA, BY COUNTRY, 2018 & 2050	119
TABLE 83	EUROPE: NEUROMODULATION MARKET, BY COUNTRY, 2021–2028 (USD MILLION)	120
TABLE 84	EUROPE: NEUROMODULATION MARKET, BY TYPE, 2021–2028 (USD MILLION)	120
TABLE 85	EUROPE: NEUROMODULATION MARKET FOR INTERNAL, BY TYPE,  2021–2028 (USD MILLION)	120
TABLE 86	EUROPE: NEUROMODULATION MARKET FOR EXTERNAL, BY TYPE,  2021–2028 (USD MILLION)	121
TABLE 87	EUROPE: NEUROMODULATION MARKET FOR SPINAL CORD STIMULATION, BY APPLICATION, 2021–2028 (USD MILLION)	121
TABLE 88	EUROPE: NEUROMODULATION MARKET FOR DEEP BRAIN STIMULATION, BY APPLICATION, 2021–2028 (USD MILLION)	121
TABLE 89	EUROPE: NEUROMODULATION MARKET FOR SACRAL NERVE STIMULATION MARKET,  BY APPLICATION, 2021–2028 (USD MILLION)	122
TABLE 90	EUROPE: NEUROMODULATION MARKET FOR VAGUS NERVE STIMULATION,  BY APPLICATION, 2021–2028 (USD MILLION)	122
TABLE 91	EUROPE: NEUROMODULATION MARKET FOR GASTRIC ELECTRICAL STIMULATION,  BY APPLICATION, 2021–2028 (USD MILLION)	122
TABLE 92	EUROPE: NEUROMODULATION MARKET FOR TRANSCRANIAL MAGNETIC STIMULATION,  BY APPLICATION, 2021–2028 (USD MILLION)	123
TABLE 93	EUROPE: NEUROMODULATION MARKET FOR TRANSCUTANEOUS ELECTRICAL NERVE STIMULATION, BY APPLICATION, 2021–2028 (USD MILLION)	123
8.3.1	GERMANY	123
8.3.1.1	Increasing healthcare expenditure and presence of favorable reimbursement policies to drive market	123
TABLE 94	GERMANY: NEUROMODULATION MARKET, BY TYPE, 2021–2028 (USD MILLION)	124
TABLE 95	GERMANY: NEUROMODULATION MARKET FOR INTERNAL, BY TYPE,  2021–2028 (USD MILLION)	124
TABLE 96	GERMANY: NEUROMODULATION MARKET FOR EXTERNAL, BY TYPE,  2021–2028 (USD MILLION)	125
8.3.2	UK	125
8.3.2.1	Rising healthcare expenditure and high public- and private-sector investments to fuel market growth	125
TABLE 97	UK: NEUROMODULATION MARKET, BY TYPE, 2021–2028 (USD MILLION)	125
TABLE 98	UK: NEUROMODULATION MARKET FOR INTERNAL, BY TYPE,  2021–2028 (USD MILLION)	126
TABLE 99	UK: NEUROMODULATION MARKET FOR EXTERNAL, BY TYPE,  2021–2028 (USD MILLION)	126
8.3.3	FRANCE	126
8.3.3.1	Availability of insurance and favorable healthcare reforms to drive market	126
TABLE 100	FRANCE: NEUROMODULATION MARKET, BY TYPE, 2021–2028 (USD MILLION)	127
TABLE 101	FRANCE: NEUROMODULATION MARKET FOR INTERNAL, BY TYPE,  2021–2028 (USD MILLION)	127
TABLE 102	FRANCE: NEUROMODULATION MARKET FOR EXTERNAL, BY TYPE,  2021–2028 (USD MILLION)	128
8.3.4	ITALY	128
8.3.4.1	Easy access to healthcare services to create lucrative opportunities for market	128
TABLE 103	ITALY: NEUROMODULATION MARKET, BY TYPE, 2021–2028 (USD MILLION)	129
TABLE 104	ITALY: NEUROMODULATION MARKET FOR INTERNAL, BY TYPE,  2021–2028 (USD MILLION)	129
TABLE 105	ITALY: NEUROMODULATION MARKET FOR EXTERNAL, BY TYPE,  2021–2028 (USD MILLION)	129
8.3.5	SPAIN	130
8.3.5.1	Growing government-led initiatives related to healthcare to support market growth	130
TABLE 106	SPAIN: NEUROMODULATION MARKET, BY TYPE, 2021–2028 (USD MILLION)	130
TABLE 107	SPAIN: NEUROMODULATION MARKET FOR INTERNAL, BY TYPE,  2021–2028 (USD MILLION)	130
TABLE 108	SPAIN: NEUROMODULATION MARKET FOR EXTERNAL, BY TYPE,  2021–2028 (USD MILLION)	131
8.3.6	REST OF EUROPE	131
TABLE 109	REST OF EUROPE: NEUROMODULATION MARKET, BY TYPE, 2021–2028 (USD MILLION)	131
TABLE 110	REST OF EUROPE: NEUROMODULATION MARKET FOR INTERNAL, BY TYPE,  2021–2028 (USD MILLION)	132
TABLE 111	REST OF EUROPE: NEUROMODULATION MARKET FOR EXTERNAL, BY TYPE,  2021–2028 (USD MILLION)	132
8.3.7	EUROPEAN NEUROMODULATION MARKET: RECESSION IMPACT	132
8.4	ASIA PACIFIC	133
FIGURE 28	ASIA PACIFIC: NEUROMODULATION MARKET SNAPSHOT	133
TABLE 112	ASIA PACIFIC: NEUROMODULATION MARKET, BY COUNTRY, 2021–2028 (USD MILLION)	134
TABLE 113	ASIA PACIFIC: NEUROMODULATION MARKET, BY TYPE, 2021–2028 (USD MILLION)	134
TABLE 114	ASIA PACIFIC: NEUROMODULATION MARKET FOR INTERNAL, BY TYPE,  2021–2028 (USD MILLION)	134
TABLE 115	ASIA PACIFIC: NEUROMODULATION MARKET FOR EXTERNAL, BY TYPE,  2021–2028 (USD MILLION)	135
TABLE 116	ASIA PACIFIC: NEUROMODULATION MARKET FOR SPINAL CORD STIMULATION,  BY APPLICATION, 2021–2028 (USD MILLION)	135
TABLE 117	ASIA PACIFIC: NEUROMODULATION MARKET FOR DEEP BRAIN STIMULATION,  BY APPLICATION, 2021–2028 (USD MILLION)	135
TABLE 118	SIA PACIFIC: NEUROMODULATION MARKET FOR SACRAL NERVE STIMULATION,  BY APPLICATION, 2021–2028 (USD MILLION)	136
TABLE 119	ASIA PACIFIC: NEUROMODULATION MARKET FOR VAGUS NERVE STIMULATION,  BY APPLICATION, 2021–2028 (USD MILLION)	136
TABLE 120	ASIA PACIFIC: NEUROMODULATION MARKET FOR GASTRIC ELECTRICAL STIMULATION,  BY APPLICATION, 2021–2028 (USD MILLION)	136
TABLE 121	ASIA PACIFIC: NEUROMODULATION MARKET FOR TRANSCRANIAL MAGNETIC STIMULATION, BY APPLICATION, 2021–2028 (USD MILLION)	137
TABLE 122	ASIA PACIFIC: NEUROMODULATION MARKET FOR TRANSCUTANEOUS ELECTRICAL NERVE STIMULATION, BY APPLICATION, 2021–2028 (USD MILLION)	137
8.4.1	JAPAN	137
8.4.1.1	Increasing prevalence of neurological disorders to drive demand	137
TABLE 123	JAPAN: NEUROMODULATION MARKET, BY TYPE, 2021–2028 (USD MILLION)	138
TABLE 124	JAPAN: NEUROMODULATION MARKET FOR INTERNAL, BY TYPE,  2021–2028 (USD MILLION)	138
TABLE 125	JAPAN: NEUROMODULATION MARKET FOR EXTERNAL, BY TYPE,  2021–2028 (USD MILLION)	139
8.4.2	CHINA	139
8.4.2.1	Growing geriatric population to fuel demand	139
TABLE 126	CHINA: NEUROMODULATION MARKET, BY TYPE, 2021–2028 (USD MILLION)	139
TABLE 127	CHINA: NEUROMODULATION MARKET FOR INTERNAL, BY TYPE,  2021–2028 (USD MILLION)	140
TABLE 128	CHINA: NEUROMODULATION MARKET FOR EXTERNAL, BY TYPE,  2021–2028 (USD MILLION)	140
8.4.3	INDIA	140
8.4.3.1	Improvements in healthcare infrastructure to contribute to market growth	140
TABLE 129	INDIA: NEUROMODULATION MARKET, BY TYPE, 2021–2028 (USD MILLION)	141
TABLE 130	INDIA: NEUROMODULATION MARKET FOR INTERNAL, BY TYPE,  2021–2028 (USD MILLION)	141
TABLE 131	INDIA: NEUROMODULATION MARKET FOR EXTERNAL, BY TYPE,  2021–2028 (USD MILLION)	141
8.4.4	REST OF ASIA PACIFIC	142
TABLE 132	REST OF ASIA PACIFIC: NEUROMODULATION MARKET, BY TYPE,  2021–2028 (USD MILLION)	142
TABLE 133	REST OF ASIA PACIFIC: NEUROMODULATION MARKET FOR INTERNAL, BY TYPE,  2021–2028 (USD MILLION)	143
TABLE 134	REST OF ASIA PACIFIC: NEUROMODULATION MARKET FOR EXTERNAL, BY TYPE,  2021–2028 (USD MILLION)	143
8.4.5	ASIA PACIFIC NEUROMODULATION MARKET: RECESSION IMPACT	143
8.5	ROW	144
TABLE 135	ROW: NEUROMODULATION MARKET, BY COUNTRY/REGION, 2021–2028 (USD MILLION)	144
TABLE 136	ROW: NEUROMODULATION MARKET, BY TYPE, 2021–2028 (USD MILLION)	144
TABLE 137	ROW: NEUROMODULATION MARKET FOR INTERNAL, BY TYPE,  2021–2028 (USD MILLION)	145
TABLE 138	ROW: NEUROMODULATION MARKET FOR EXTERNAL, BY TYPE,  2021–2028 (USD MILLION)	145
TABLE 139	ROW: NEUROMODULATION MARKET FOR SPINAL CORD STIMULATION, BY APPLICATION, 2021–2028 (USD MILLION)	145
TABLE 140	ROW: NEUROMODULATION MARKET FOR DEEP BRAIN STIMULATION, BY APPLICATION, 2021–2028 (USD MILLION)	146
TABLE 141	ROW: NEUROMODULATION MARKET FOR SACRAL NERVE STIMULATION, BY APPLICATION, 2021–2028 (USD MILLION)	146
TABLE 142	ROW: NEUROMODULATION MARKET FOR VAGUS NERVE STIMULATION, BY APPLICATION, 2021–2028 (USD MILLION)	146
TABLE 143	ROW: NEUROMODULATION MARKET FOR GASTRIC ELECTRICAL STIMULATION,  BY APPLICATION, 2021–2028 (USD MILLION)	147
TABLE 144	ROW: NEUROMODULATION MARKET FOR TRANSCRANIAL MAGNETIC STIMULATION,  BY APPLICATION, 2021–2028 (USD MILLION)	147
TABLE 145	ROW: NEUROMODULATION MARKET FOR TRANSCUTANEOUS ELECTRICAL NERVE STIMULATION, BY APPLICATION, 2021–2028 (USD MILLION)	147
8.5.1	LATIN AMERICA	148
8.5.1.1	Increasing cases of depressive and post-traumatic stress disorders to drive demand	148
TABLE 146	LATIN AMERICA: NEUROMODULATION MARKET, BY TYPE, 2021–2028 (USD MILLION)	148
TABLE 147	LATIN AMERICA: NEUROMODULATION MARKET FOR INTERNAL, BY TYPE,  2021–2028 (USD MILLION)	149
TABLE 148	LATIN AMERICA: NEUROMODULATION MARKET FOR EXTERNAL, BY TYPE,  2021–2028 (USD MILLION)	149
8.5.2	MIDDLE EAST & AFRICA	149
8.5.2.1	Improvements in healthcare infrastructure and growing awareness regarding neuromodulation to drive market	149
TABLE 149	MIDDLE EAST & AFRICA: NEUROMODULATION MARKET, BY TYPE,  2021–2028 (USD MILLION)	150
TABLE 150	MIDDLE EAST & AFRICA: NEUROMODULATION MARKET FOR INTERNAL,  BY TYPE, 2021–2028 (USD MILLION)	150
TABLE 151	MIDDLE EAST & AFRICA: NEUROMODULATION MARKET FOR EXTERNAL, BY TYPE,  2021–2028 (USD MILLION)	151
8.5.3	GCC COUNTRIES	151
TABLE 152	GCC COUNTRIES: NEUROMODULATION MARKET, BY TYPE, 2021–2028 (USD MILLION)	151
TABLE 153	GCC COUNTRIES: NEUROMODULATION MARKET FOR INTERNAL, BY TYPE,  2021–2028 (USD MILLION)	152
TABLE 154	GCC COUNTRIES: EXTERNAL NEUROMODULATION MARKET, BY TYPE,  2021–2028 (USD MILLION)	152
8.5.4	ROW NEUROMODULATION MARKET: RECESSION IMPACT	152
9	COMPETITIVE LANDSCAPE	153
9.1	OVERVIEW	153
9.2	STRATEGIES ADOPTED BY KEY PLAYERS	153
TABLE 155	NEUROMODULATION MARKET: OVERVIEW OF STRATEGIES ADOPTED BY KEY PLAYERS	153
9.3	REVENUE SHARE ANALYSIS, 2020–2022	154
FIGURE 29	NEUROMODULATION MARKET: REVENUE ANALYSIS OF FIVE KEY PLAYERS, 2020–2022	154
9.4	MARKET SHARE ANALYSIS, 2022	155
TABLE 156	NEUROMODULATION MARKET: DEGREE OF COMPETITION	155
9.5	COMPANY EVALUATION MATRIX, 2022	156
9.5.1	STARS	156
9.5.2	EMERGING LEADERS	156
9.5.3	PERVASIVE PLAYERS	156
9.5.4	PARTICIPANTS	156
FIGURE 30	NEUROMODULATION MARKET: COMPANY EVALUATION MATRIX, 2022	157
9.5.5	COMPANY FOOTPRINT	157
TABLE 157	OVERALL COMPANY FOOTPRINT	157
TABLE 158	COMPANY REGION FOOTPRINT	158
TABLE 159	COMPANY TYPE FOOTPRINT	159
9.6	START-UPS/SMALL AND MEDIUM-SIZED ENTERPRISES (SMES) EVALUATION MATRIX, 2022	160
9.6.1	PROGRESSIVE COMPANIES	160
9.6.2	STARTING BLOCKS	160
9.6.3	RESPONSIVE COMPANIES	160
9.6.4	DYNAMIC COMPANIES	161
FIGURE 31	NEUROMODULATION MARKET: START-UPS/SMES EVALUATION MATRIX, 2022	161
9.6.5	COMPETITIVE BENCHMARKING	162
TABLE 160	NEUROMODULATION MARKET: LIST OF KEY START-UPS/SMES	162
 
9.7	COMPETITIVE SCENARIOS AND TRENDS	162
9.7.1	PRODUCT LAUNCHES & APPROVALS	162
TABLE 161	NEUROMODULATION MARKET: PRODUCT LAUNCHES & APPROVALS, 2020–2023	162
9.7.2	DEALS	163
TABLE 162	NEUROMODULATION MARKET: DEALS, 2020–2023	163
10	COMPANY PROFILES	164
(Business overview, Products/Services/Solutions offered, Recent Developments, MNM view)*
10.1	KEY PLAYERS	164
10.1.1	MEDTRONIC PLC	164
TABLE 163	MEDTRONIC PLC: COMPANY OVERVIEW	164
FIGURE 32	MEDTRONIC PLC: COMPANY SNAPSHOT	165
TABLE 164	MEDTRONIC PLC: PRODUCT APPROVALS	167
TABLE 165	MEDTRONIC PLC: DEALS	167
10.1.2	BOSTON SCIENTIFIC CORPORATION	169
TABLE 166	BOSTON SCIENTIFIC CORPORATION: COMPANY OVERVIEW	169
FIGURE 33	BOSTON SCIENTIFIC CORPORATION: COMPANY SNAPSHOT	170
TABLE 167	BOSTON SCIENTIFIC CORPORATION: PRODUCT LAUNCHES AND APPROVALS	171
TABLE 168	BOSTON SCIENTIFIC CORPORATION: DEALS	172
10.1.3	ABBOTT LABORATORIES	173
TABLE 169	ABBOTT LABORATORIES: COMPANY OVERVIEW	173
FIGURE 34	ABBOTT LABORATORIES: COMPANY SNAPSHOT	174
TABLE 170	ABBOTT LABORATORIES: PRODUCT LAUNCHES AND APPROVALS	175
10.1.4	LIVANOVA PLC	176
TABLE 171	LIVANOVA PLC: COMPANY OVERVIEW	176
FIGURE 35	LIVANOVA PLC: COMPANY SNAPSHOT	177
TABLE 172	LIVANOVA PLC: PRODUCT APPROVALS	178
TABLE 173	LIVANOVA PLC: DEALS	178
10.1.5	NEVRO CORPORATION	179
TABLE 174	NEVRO CORPORATION: COMPANY OVERVIEW	179
FIGURE 36	NEVRO CORPORATION: COMPANY SNAPSHOT	179
TABLE 175	NEVRO CORPORATION: PRODUCT APPROVALS	180
TABLE 176	NEVRO CORPORATION: DEALS	180
10.1.6	NEUROSIGMA, INC.	181
TABLE 177	NEUROSIGMA, INC.: COMPANY OVERVIEW	181
TABLE 178	NEUROSIGMA, INC.: PRODUCT LAUNCHES & APPROVALS	182
TABLE 179	NEUROSIGMA, INC.: DEALS	182
TABLE 180	NEUROSIGMA, INC.: OTHERS	183
10.1.7	NEUROPACE, INC.	184
 
TABLE 181	NEUROPACE, INC.: COMPANY OVERVIEW	184
FIGURE 37	NEUROPACE, INC.: COMPANY SNAPSHOT	184
TABLE 182	NEUROPACE, INC.: PRODUCT LAUNCHES & APPROVALS	185
TABLE 183	NEUROPACE, INC.: OTHERS	185
10.1.8	SOTERIX MEDICAL INC.	186
TABLE 184	SOTERIX MEDICAL INC.: COMPANY OVERVIEW	186
TABLE 185	NEUROPACE, INC.: OTHERS	187
10.1.9	SYNAPSE BIOMEDICAL INC.	188
TABLE 186	SYNAPSE BIOMEDICAL INC.: COMPANY OVERVIEW	188
10.1.10	ALEVA NEUROTHERAPEUTICS SA	189
TABLE 187	ALEVA NEUROTHERAPEUTICS SA: COMPANY OVERVIEW	189
TABLE 188	ALEVA NEUROTHERAPEUTICS SA: PRODUCT APPROVALS	189
10.1.11	THERANICA BIO-ELECTRONICS LTD.	190
TABLE 189	THERANICA BIO-ELECTRONICS LTD.: COMPANY OVERVIEW	190
TABLE 190	THERANICA BIO-ELECTRONICS LTD.: PRODUCT APPROVALS	190
10.1.12	NEURONETICS	191
TABLE 191	NEURONETICS: COMPANY OVERVIEW	191
FIGURE 38	NEURONETICS: COMPANY SNAPSHOT	192
10.1.13	AXONICS	193
TABLE 192	AXONICS: COMPANY OVERVIEW	193
FIGURE 39	AXONICS: COMPANY SNAPSHOT	193
TABLE 193	AXONICS: PRODUCT APPROVALS	194
TABLE 194	AXONICS: DEALS	194
10.1.14	BIOINDUCTION	195
TABLE 195	BIOINDUCTION: COMPANY OVERVIEW	195
10.2	OTHER PLAYERS	196
10.2.1	GIMER MEDICAL	196
10.2.2	NALU MEDICAL INC.	196
10.2.3	HELIUS MEDICAL TECHNOLOGIES	197
10.2.4	MICROTRANSPONDER	197
10.2.5	MAGSTIM	198
10.2.6	ELECTROCORE, INC.	198
10.2.7	RENISHAW PLC	199
10.2.8	TVNS TECHNOLOGIES GMBH	199
10.2.9	BIOWAVEGO USA	200
10.2.10	BIOTRONIK	200
10.2.11	SALUDA MEDICAL PTY LTD.	201
*Details on Business overview, Products/Services/Solutions offered, Recent Developments, MNM view might not be captured in case of unlisted companies.
 
11	APPENDIX	202
11.1	DISCUSSION GUIDE	202
11.2	KNOWLEDGESTORE: MARKETSANDMARKETS’  SUBSCRIPTION PORTAL	207
11.3	CUSTOMIZATION OPTIONS	209
11.4	RELATED REPORTS	209
11.5	AUTHOR DETAILS	210
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