Global neurostimulation devices market is expected to grow at a CAGR of around 13% during the forecast period. The global neurostimulation devices market is driven by growing geriatric population across the globe. In addition to this, upsurge in prevalence of lifestyle diseases such as depression and chronic pain is anticipated to positively impact the growth of market during the forecast period. Furthermore, growing innovations in the technology is further expected to bolster the growth of market over the next few years.

With COVID-19 infections rising globally, the apprehension regarding a shortage of essential life-saving devices and other essential medical supplies in order to prevent the spread of this pandemic and provide optimum care to the infected also widens, which is anticipated to fuel the market growth over the coming years.

The global neurostimulation devices market is segmented based on device type, application, company, and region. Based on device type, the market can be categorized into spinal cord stimulators, deep brain stimulators, sacral nerve stimulators, vagus nerve stimulators, and others. Out of these, the spinal cord stimulators segment dominated the market until 2019 and is expected to maintain its dominance during the forecast period as well which can be attributed to the fact that they were the prime neurostimulation products to be commercialized. In addition to this, increase in usage of spinal cord stimulators for treating neuropathic pain and spinal injuries, is further estimated to boost the segmental growth over the coming years.

Major players operating in the global neurostimulation devices market include Abbott Laboratories, Aleva neurotherapeutics SA, Boston scientific corporation, ElectroCore Inc., EndoStim Inc., Medtronic plc, Nevro Corporation, Neuronetics Inc, NeuroSigma, Inc., Synapse Biomedical Inc. and others. The key market players are adopting some competitive strategies such as technological developments, mergers & acquisitions, partnership, collaborations, agreements in order to expand their geographic reach and to increase their customer bases.

Years considered for this report:

Historical Years: 2015-2018

Base Year: 2019

Estimated Year: 2020

Forecast Period: 2021–2025

Objective of the Study:

  • To analyze and estimate the market size of global neurostimulation devices market from 2015 to 2018.
  • To estimate and forecast the market size of global neurostimulation devices market from 2019 to 2025 and growth rate until 2025.
  • To classify and forecast global neurostimulation devices market based on device type, application, company and regional distribution.
  • To identify dominant region or segment in the global neurostimulation devices market.
  • To identify drivers and challenges for global neurostimulation devices market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global neurostimulation devices market.
  • To conduct pricing analysis for global neurostimulation devices market.
  • To identify and analyze the profile of leading players operating in global neurostimulation devices market.
  • To identify key sustainable strategies adopted by market players in global neurostimulation devices market.


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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the manufacturers and presence of all major players across the globe.

TechSci Research calculated the market size of global neurostimulation devices market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.


Key Target Audience:

  • Neurostimulation devices manufacturers, suppliers and other stakeholders
  • Government bodies such as regulating authorities and policy makers
  • Organizations, forums and alliances related to neurostimulation devices
  • Market research and consulting firms

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers, partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:

In this report, global neurostimulation devices market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Global Neurostimulation Devices Market, By Device Type:
    • Spinal Cord Stimulators
    • Deep Brain Stimulators
    • Sacral Nerve Stimulators
    • Vagus Nerve Stimulators
    • Others
  • Global Neurostimulation Devices Market, By Application:
    • Pain Management
    • Hearing Loss
    • Urinary Incontinence
    • Parkinson's Disease
    • Epilepsy
    • Others
  • Global Neurostimulation Devices Market, By Region:
    • North America
      • United States
      • Canada
      • Mexico
    • Europe
      • Germany
      • France
      • United Kingdom
      • Italy
      • Spain
    • Asia-Pacific
      • China
      • Japan
      • India
      • South Korea
      • Australia
    • Middle East & Africa
      • South Africa
      • Saudi Arabia
      • UAE
    • South America
      • Brazil
      • Argentina
      • Colombia

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in global neurostimulation devices market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).
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1.    Product Overview

2.    Research Methodology

3.    Impact of COVID-19 on Global Neurostimulation Devices Market

4.    Executive Summary

5.    Voice of Customer

6.    Global Neurostimulation Devices Market Outlook

6.1.  Market Size & Forecast

6.1.1.     By Value

6.2.  Market Share & Forecast

6.2.1.     By Device Type (Spinal Cord Stimulators, Deep Brain Stimulators, Sacral Nerve Stimulators, Vagus Nerve Stimulators, and Others)

6.2.2.     By Application (Pain Management, Hearing Loss, Urinary Incontinence, Parkinson's Disease, Epilepsy, and Others)

6.2.3.     By Company (2019)

6.2.4.     By Region

6.3.  Market Attractiveness Index

7.    Asia-Pacific Neurostimulation Devices Market Outlook

7.1.  Market Size & Forecast          

7.1.1.     By Value

7.2.  Market Share & Forecast

7.2.1.     By Device Type

7.2.2.     By Application

7.2.3.     By Country

7.3.  Asia-Pacific: Country Analysis

7.3.1.     China Neurostimulation Devices Market Outlook

7.3.1.1.         Market Size & Forecast

7.3.1.1.1.             By Value  

7.3.1.2.         Market Share & Forecast

7.3.1.2.1.             By Device Type

7.3.1.2.2.             By Application

7.3.2.     India Neurostimulation Devices Market Outlook

7.3.2.1.         Market Size & Forecast

7.3.2.1.1.             By Value

7.3.2.2.         Market Share & Forecast

7.3.2.2.1.             By Device Type

7.3.2.2.2.             By Application

7.3.3.     Australia Neurostimulation Devices Market Outlook

7.3.3.1.         Market Size & Forecast

7.3.3.1.1.             By Value

7.3.3.2.         Market Share & Forecast

7.3.3.2.1.             By Device Type

7.3.3.2.2.             By Application

7.3.4.     Japan Neurostimulation Devices Market Outlook

7.3.4.1.         Market Size & Forecast

7.3.4.1.1.             By Value

7.3.4.2.         Market Share & Forecast

7.3.4.2.1.             By Device Type

7.3.4.2.2.             By Application

7.3.5.     South Korea Neurostimulation Devices Market Outlook

7.3.5.1.         Market Size & Forecast

7.3.5.1.1.             By Value

7.3.5.2.         Market Share & Forecast

7.3.5.2.1.             By Device Type

7.3.5.2.2.             By Application

8.    Europe Neurostimulation Devices Market Outlook

8.1.  Market Size & Forecast          

8.1.1.     By Value

8.2.  Market Share & Forecast

8.2.1.     By Device Type

8.2.2.     By Application

8.2.3.     By Country

8.3.  Europe: Country Analysis

8.3.1.     France Neurostimulation Devices Market Outlook

8.3.1.1.         Market Size & Forecast

8.3.1.1.1.             By Value

8.3.1.2.         Market Share & Forecast

8.3.1.2.1.             By Device Type

8.3.1.2.2.             By Application

8.3.2.     Germany Neurostimulation Devices Market Outlook

8.3.2.1.         Market Size & Forecast

8.3.2.1.1.             By Value

8.3.2.2.         Market Share & Forecast

8.3.2.2.1.             By Device Type

8.3.2.2.2.             By Application

8.3.3.     United Kingdom Neurostimulation Devices Market Outlook

8.3.3.1.         Market Size & Forecast

8.3.3.1.1.             By Value

8.3.3.2.         Market Share & Forecast

8.3.3.2.1.             By Device Type

8.3.3.2.2.             By Application

8.3.4.     Italy Neurostimulation Devices Market Outlook

8.3.4.1.         Market Size & Forecast

8.3.4.1.1.             By Value

8.3.4.2.         Market Share & Forecast

8.3.4.2.1.             By Device Type

8.3.4.2.2.             By Application

8.3.5.     Spain Neurostimulation Devices Market Outlook

8.3.5.1.         Market Size & Forecast

8.3.5.1.1.             By Value

8.3.5.2.         Market Share & Forecast

8.3.5.2.1.             By Device Type

8.3.5.2.2.             By Application

9.    North America Neurostimulation Devices Market Outlook

9.1.  Market Size & Forecast          

9.1.1.     By Value

9.2.  Market Share & Forecast

9.2.1.     By Device Type

9.2.2.     By Application

9.2.3.     By Country

9.3.  North America: Country Analysis

9.3.1.     United States Neurostimulation Devices Market Outlook

9.3.1.1.         Market Size & Forecast

9.3.1.1.1.             By Value

9.3.1.2.         Market Share & Forecast

9.3.1.2.1.             By Device Type

9.3.1.2.2.             By Application

9.3.2.     Mexico Neurostimulation Devices Market Outlook

9.3.2.1.         Market Size & Forecast

9.3.2.1.1.             By Value

9.3.2.2.         Market Share & Forecast

9.3.2.2.1.             By Device Type

9.3.2.2.2.             By Application

9.3.3.     Canada Neurostimulation Devices Market Outlook

9.3.3.1.         Market Size & Forecast

9.3.3.1.1.             By Value

9.3.3.2.         Market Share & Forecast

9.3.3.2.1.             By Device Type

9.3.3.2.2.             By Application

10.  South America Neurostimulation Devices Market Outlook

10.1.              Market Size & Forecast

10.1.1.  By Value

10.2.              Market Share & Forecast

10.2.1.  By Device Type

10.2.2.  By Application

10.2.3.  By Country

10.3.              South America: Country Analysis

10.3.1.  Brazil Neurostimulation Devices Market Outlook

10.3.1.1.      Market Size & Forecast

10.3.1.1.1.           By Value

10.3.1.2.      Market Share & Forecast

10.3.1.2.1.           By Device Type

10.3.1.2.2.           By Application

10.3.2.  Colombia Neurostimulation Devices Market Outlook

10.3.2.1.      Market Size & Forecast

10.3.2.1.1.           By Value

10.3.2.2.      Market Share & Forecast

10.3.2.2.1.           By Device Type

10.3.2.2.2.           By Application

11.  Middle East and Africa Neurostimulation Devices Market Outlook

11.1.              Market Size & Forecast

11.1.1.  By Value

11.2.              Market Share & Forecast

11.2.1.  By Device Type

11.2.2.  By Application

11.2.3.  By Country

11.3.              MEA: Country Analysis

11.3.1.  South Africa Neurostimulation Devices Market Outlook

11.3.1.1.      Market Size & Forecast

11.3.1.1.1.           By Value

11.3.1.2.      Market Share & Forecast

11.3.1.2.1.           By Device Type

11.3.1.2.2.           By Application

11.3.2.  Saudi Arabia Neurostimulation Devices Market Outlook

11.3.2.1.      Market Size & Forecast

11.3.2.1.1.           By Value

11.3.2.2.      Market Share & Forecast

11.3.2.2.1.           By Device Type

11.3.2.2.2.           By Application

11.3.3.  UAE Neurostimulation Devices Market Outlook

11.3.3.1.      Market Size & Forecast

11.3.3.1.1.           By Value

11.3.3.2.      Market Share & Forecast

11.3.3.2.1.           By Device Type

11.3.3.2.2.           By Application

12.  Market Dynamics

12.1.              Drivers

12.2.              Challenges

13.  Market Trends & Developments

14.  Competitive Landscape

14.1.              Abbott Laboratories

14.2.              Aleva neurotherapeutics SA

14.3.              Boston scientific corporation

14.4.              ElectroCore Inc.

14.5.              EndoStim Inc.

14.6.              Medtronic plc

14.7.              Nevro Corporation

14.8.              Neuronetics Inc

14.9.              NeuroSigma, Inc.

14.10.            Synapse Biomedical Inc.

15.  Strategic Recommendations

16 . About Us & Disclaimer

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