December 30, 2020

Vagus Nerve Stimulator Market Size, Industry Analysis and Forecast Report by 2027

Vagus nerve stimulators are designed to avoid seizers by sending consistent, mild pulses of electrical signals to brain through vagus nerve. These pulses are delivered by using devices which resembles pacemaker. Vagus nerve is an important part of automatic nervous systems which controls involuntary functions of body like heart rate. Vagus nerve stimulators are called as pacemaker of the brain.

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Rise in prevalence of neurological disorders is the key driving factor which is expected to drive the global vagus nerve stimulator market growth. Furthermore, increase in investment of biotechnology and pharmaceutical industries in research and development activities will have the positive impact on market growth. Moreover, increase in technological advancements will propel the market growth during this forecast period. For instance, in July 2017, ElectroCore LLC had launched its new non-invasive vagus nerve stimulator which named as gamma Core.  This device is useful in treatment of pain associated with episodic cluster headache in adult patients.

However, lack of skilled professionals is the major challenging factor which is expected to obstruct the global vagus nerve stimulator market growth. Also, high cost associated with neurostimulator devices which are expected to hinder the market growth.

Market Key Players

Various key players are discussed in this report such as Medtronic Plc, Nevro Corporation, EnteroMedics Inc, Bioness Inc, BioControl Medical, Aleva Neurotherapeutics SA, Boston Scientific Corporation, LivaNova Plc, ElectroCore LLC, and NeuroPace Inc.

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Market Taxonomy

By Product Type

  • Implantable VNS Devices
  • External VNS Devices

By Biomaterial

  • Ceramics
  • Metallic
  • Polymerics

By Application

  • Depression
  • Epilepsy
  • Migraine

By End User

  • Hospitals
  • Ambulatory Surgical Centers
  • Others

By Region

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East & Africa

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