This report on global sacral nerve stimulation studies the market in terms of various products and applications. Increasing number of geriatric population suffering with incontinence complications, unhealthy lifestyle with craving for junk food and the rising number of patients with urinary tract infection resulting in overactive bladder symptoms help in the market penetration of sacral nerve stimulation devices. The limiting factors related to this market are pain at the site of implant, mild electrical shocks, discomfort during micturition and dislocation of the leads.
For the purpose of this study, the various products studied includes external sacral nerve stimulation devices and implantable sacral nerve stimulation devices. Applications studied for the purpose of this research includes urine incontinence, fecal incontinence and others. Market size estimates and forecast for these segments for the period 2019 to 2029 are provided in terms of US$ Mn along with the respective CAGRs for the period 2021 to 2029, considering 2020 as the base year.
Market size estimates and forecast for these segments for the period 2019 to 2029 are provided in terms of US$ Mn along with the respective CAGRs for the period 2021 to 2029, considering 2020 as the base year. Further cross-sectional information in terms of product and application types is also provided in the study for individual country and regional markets.
This report also includes qualitative assessment factors such as market dynamics (drivers, restraints and opportunities) to have a good understanding of the current and anticipated trends in the global sacral nerve stimulation market. Market attractiveness assessment, Porter’s five forces model and competitive landscape analysis by key players are also presented in the study. Furthermore, this report concludes with profiling of key market players currently enjoying prominent position in the global sacral nerve stimulation market. The major players in global sacral nerve stimulation market are Axonics SNM System, Boston Scientific Corporation, Biomedical Life Systems, Inc., Cogentix Medical, Medtronics Plc., Kegel8 (Savantini Ltd.), Neen Pericalm (Patterson Medical), Nuvectra, St. Jude Medical, LLC. and Verity Medical Ltd. (NeuroTrac).
Historical & Forecast Period
This study report represents analysis of each segment from 2022 to 2032 considering 2023 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2024 to 2032.
The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.
Research Methodology
The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Sacral Nerve Stimulation market are as follows:
Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.
ATTRIBUTE | DETAILS |
---|---|
Research Period | 2022-2032 |
Base Year | 2023 |
Forecast Period | 2024-2032 |
Historical Year | 2022 |
Unit | USD Million |
Segmentation | |
Product
| |
Application
| |
Region Segment (2022-2032; US$ Million)
|
Key questions answered in this report