DUBLIN--(BUSINESS WIRE)--The "Global Nerve Repair & Regeneration Market (2021-2026) by Product, Application, Geography, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis" report has been added to ResearchAndMarkets.com's offering.
The Global Nerve Repair & Regeneration Market is estimated to be USD 9.1 Bn in 2021 and is expected to reach USD 17.59 Bn by 2026, growing at a CAGR of 14.09%.
Rising cases of neurological disorders are the key factors driving the market. The senior population is at higher risk of neurological conditions such as strokes, neuropathy, etc. Their higher susceptibility makes geriatric a key segment for the patient pool. As a result, the growth of this population segment will ensure continued growth and demand.
Emerging countries such as India, China, and Brazil anticipate offering potential growth opportunities for the nerve repair & regeneration market. Reason, huge population base in China and India. Improved treatment for neurological disorders due to several technological advancements is also likely to contribute to market growth. Numerous treatment therapies are available for health problems expected to boost the change in the market. However, stringent restrictive necessities for product approvals act as a restraining issue for market growth. On the contrary, lack of awareness among patients and physicians about nerve repair and regeneration products and techniques and shortage of skilled professionals are crucial factors limiting the market growth.
Competitive Quadrant
The report includes a Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.
Why buy this report?
- The report offers a comprehensive evaluation of the Global Nerve Repair & Regeneration Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
- The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
- The report includes in-depth market analysis using Porter's 5 force model and the Ansoff Matrix. The impact of Covid-19 on the market is also featured in the report.
- The report also contains the competitive analysis using a Competitive Quadrant, the analyst's proprietary competitive positioning tool.
Market Dynamics
Drivers
- Rising Geriatric Population and Subsequent Growth in the Prevalence of Neurological Disorders
- Rising Case of Neurological Disorder
Restraints
- Stringent Regulatory Requirements for Product Approval
Opportunities
- Positive Indicator for Market Growth
- Improved Treatment for Neurological Disorder
- Availability of Therapies for Treatment of Various Issues
Challenges
- Lack of Awareness among People
Companies Mentioned
- Medtronic Plc.
- Boston scientific corporation
- Abbott Laboratories
- AxoGen Inc.
- Baxter International Inc.
- LivaNova Plc.
- Integra Lifesciences
- Polyganics
- NeuroPace Inc.
- Soterix Medical Inc.
- Nevro Corp
- Synapse Biomedical Inc.
- Aleva Neurotherapeutics
- Collagen Matric Inc.
- KeriMedical
- BioWave Corporation
- NeuroSigma
- tVNS Technologies GmbH
- GiMer Medical
- CYBERONICS INC.
- NUVECTRA
- ORTHOMED INC.
- STRYKER
- St. Jude medical Inc.
- NeuroSigma
For more information about this report visit https://www.researchandmarkets.com/r/36czis
