MIDDLE EAST AND AFRICA NEUROSTIMULATION DEVICE MARKET 2019-2027

Lifesciences | Medical Devices & Consumables

MIDDLE EAST AND AFRICA NEUROSTIMULATION DEVICE MARKET 2019-2027

Market By Systems, Applications, And Geography | Forecast 2019-2027

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According to Triton Market Research, the neurostimulation device market in the Middle East and Africa is expected to grow exponentially at a CAGR of 10.70% for the forecasting period of 2019-2027.

Following are the countries included in the neurostimulation device market analysis of the Middle East and Africa region:

•           Saudi Arabia

•           Turkey

•           The United Arab Emirates

•           South Africa

•           Rest of MEA

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The Middle East and Africa neurostimulation device market is driven by the rise in the number of stroke cases and investments made in research for dementia and Alzheimer’s disease. For instance, according to the Dubai Health Authority (DHA), stroke was the second-leading cause of disability in the UAE in 2016, which is expected to boost the growth of the neurostimulation device market. Moreover, in 2017, the London School of Economics and Political Science had invested significant funds in leading a project that is aimed to build research capacity on dementia care treatments and will also support in developing new devices to treat these diseases. This will fuel the neurostimulation device market in the Middle East and Africa.

In Turkey, it is estimated that the aged population will rise to more than 10% in 2023. As a result, the rate of dementia cases is predicted to increase rapidly. There is the unavailability of required drugs to provide effective treatment for Alzheimer’s disease. Many people are unaware of the disease in the country, which is restraining the market growth.

Medtronic plc is a medical technology and services company that is also the world’s largest medical equipment development company. It manufactures and sells device-based medical therapies. The company offers a wide range of products that include sortable cardiac monitors, implantable defibrillator pacemakers, ablation products, coronary and peripheral stents, electrophysiology catheters, and heart valve replacement technologies.

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Table of Content

1.    MIDDLE EAST AND AFRICA NEUROSTIMULATION DEVICE MARKET – SUMMARY

2.    INDUSTRY OUTLOOK

2.1. MARKET DEFINITION

2.2. PORTER’S FIVE FORCES MODEL

2.2.1.   THREAT OF NEW ENTRANTS

2.2.2.   THREAT OF SUBSTITUTES

2.2.3.   BARGAINING POWER OF SUPPLIERS

2.2.4.   BARGAINING POWER OF BUYERS

2.2.5.   THREAT OF RIVALRY

2.3. VALUE CHAIN OUTLOOK

2.4. MARKET TRENDS

2.5. MARKET SHARE OUTLOOK

2.6. PESTLE OUTLOOK

2.7. MARKET ATTRACTIVENESS INDEX

2.8. KEY INSIGHT

2.9. MARKET DRIVERS

2.9.1.   RISING INCIDENCE OF NEURO DISEASES

2.9.2.   INCREASING GERIATRIC POPULATION

2.9.3.   GROWING DEMAND FOR MRI SCANS

2.10.            MARKET RESTRAINTS

2.10.1.                HIGH COST OF NEUROMODULATION TREATMENT

2.10.2.                PRESENCE OF ALTERNATIVE THERAPY

2.11.            MARKET OPPORTUNITIES

2.11.1.                HIGH MARKET POTENTIAL FOR SCS DEVICES IN NEUROSTIMULATION

2.11.2.                TECHNOLOGICAL DEVELOPMENT

2.11.3.                GROWING INCIDENCE OF CHRONIC DISCOMFORT

2.12.            MARKET CHALLENGES

2.12.1.                STRINGENT REGULATORY APPROVALS

2.12.2.                SIDE EFFECTS OF ASSOCIATED NEUROSTIMULATION DEVICES

3.    NEUROSTIMULATION DEVICE MARKET OUTLOOK – BY SYSTEM

3.1. SPINAL CORD STIMULATORS (SCS)

3.2. DEEP BRAIN STIMULATORS (DBS)

3.3. SACRAL NERVE STIMULATORS (SNS)

3.4. VAGUS NERVE STIMULATORS (VNS)

3.5. GASTRIC ELECTRIC STIMULATOR

3.6. OTHER SYSTEM

4.    NEUROSTIMULATION DEVICE MARKET OUTLOOK – BY APPLICATIONS

4.1. PAIN MANAGEMENT

4.2. EPILEPSY

4.3. ESSENTIAL TREMOR

4.4. URINARY AND FECAL INCONTINENCE

4.5. DEPRESSION

4.6. DYSTONIA

4.7. GASTROPARESIS

4.8. PARKINSON’S DISEASE

4.9. OTHER APPLICATIONS

5.    NEUROSTIMULATION DEVICE MARKET – REGIONAL OUTLOOK

5.1.1.   COUNTRY ANALYSIS

5.1.1.1.      SAUDI ARABIA

5.1.1.2.      TURKEY

5.1.1.3.      UNITED ARAB EMIRATES

5.1.1.4.      SOUTH AFRICA

5.1.1.5.      REST OF MIDDLE EAST & AFRICA

6.    COMPANY PROFILES

6.1. NEURONETICS, INC.

6.2. ST. JUDE MEDICAL, INC. (ACQUIRED BY ABBOTT LABORATORIES)

6.3. HOCOMA AG

6.4. NEVRO CORP.

6.5. CYBERONICS INC.

6.6. COGENTIX MEDICAL, INC.

6.7. DEPUY SYNTHES COMPANIES

6.8. DR. LANGER MEDICAL GMBH

6.9. MEDTRONIC PLC

6.10.            THE MAGSTIM COMPANY LIMITED

6.11.            ECTRON LIMITED

6.12.            BOSTON SCIENTIFIC CORPORATION

6.13.            EKSO BIONICS HOLDING INC.

6.14.            ALEVA NEUROTHERAPEUTICS SA

6.15.            HELIUS MEDICAL TECHNOLOGIES

7.    RESEARCH METHODOLOGY & SCOPE

7.1. RESEARCH SCOPE & DELIVERABLES

7.1.1.   OBJECTIVES OF STUDY

7.1.2.   SCOPE OF STUDY

7.2. SOURCES OF DATA

7.2.1.   PRIMARY DATA SOURCES

7.2.2.   SECONDARY DATA SOURCES

7.3. RESEARCH METHODOLOGY

7.3.1.   EVALUATION OF PROPOSED MARKET

7.3.2.   IDENTIFICATION OF DATA SOURCES

7.3.3.   ASSESSMENT OF MARKET DETERMINANTS

7.3.4.   DATA COLLECTION

7.3.5.   DATA VALIDATION & ANALYSIS

            

List of table

TABLE 1        MIDDLE EAST AND AFRICA NEUROSTIMULATION DEVICE MARKET 2019-2027 ($ MILLION)

TABLE 2        MIDDLE EAST AND AFRICA NEUROSTIMULATION DEVICE MARKET BY SYSTEM 2019-2027 ($ MILLION)

TABLE 3        MIDDLE EAST AND AFRICA NEUROSTIMULATION DEVICE MARKET BY APPLICATIONS 2019-2027 ($ MILLION)

TABLE 4        MIDDLE EAST AND AFRICA NEUROSTIMULATION DEVICE MARKET BY COUNTRY 2019-2027 ($ MILLION)

                                    

List of Figures

FIGURE 1      MIDDLE EAST AND AFRICA NEUROSTIMULATION DEVICE MARKET 2019-2027 ($ MILLION) 

FIGURE 2      VALUE CHAIN OUTLOOK

FIGURE 3      NEUROSTIMULATION DEVICE COMPANY MARKET SHARE OUTLOOK 2018 (%)           

FIGURE 4      MIDDLE EAST AND AFRICA NEUROSTIMULATION DEVICE MARKET BY SPINAL CORD STIMULATORS 2019-2027 ($ MILLION)           

FIGURE 5      MIDDLE EAST AND AFRICA NEUROSTIMULATION DEVICE MARKET BY DEEP BRAIN STIMULATORS 2019-2027 ($ MILLION)          

FIGURE 6      MIDDLE EAST AND AFRICA NEUROSTIMULATION DEVICE MARKET BY SACRAL NERVE STIMULATORS 2019-2027 ($ MILLION)         

FIGURE 7      MIDDLE EAST AND AFRICA NEUROSTIMULATION DEVICE MARKET BY VAGUS NERVE STIMULATORS 2019-2027 ($ MILLION)         

FIGURE 8      MIDDLE EAST AND AFRICA NEUROSTIMULATION DEVICE MARKET BY GASTRIC ELECTRIC STIMULATOR 2019-2027 ($ MILLION)          

FIGURE 9      MIDDLE EAST AND AFRICA NEUROSTIMULATION DEVICE MARKET BY OTHER SYSTEM 2019-2027 ($ MILLION)

FIGURE 10   MIDDLE EAST AND AFRICA NEUROSTIMULATION DEVICE MARKET BY PAIN MANAGEMENT 2019-2027 ($ MILLION)           

FIGURE 11   MIDDLE EAST AND AFRICA NEUROSTIMULATION DEVICE MARKET BY EPILEPSY 2019-2027 ($ MILLION)         

FIGURE 12   MIDDLE EAST AND AFRICA NEUROSTIMULATION DEVICE MARKET BY ESSENTIAL TREMOR 2019-2027 ($ MILLION)

FIGURE 13   MIDDLE EAST AND AFRICA NEUROSTIMULATION DEVICE MARKET BY URINARY AND FECAL INCONTINENCE 2019-2027 ($ MILLION)   

FIGURE 14   MIDDLE EAST AND AFRICA NEUROSTIMULATION DEVICE MARKET BY DEPRESSION 2019-2027 ($ MILLION)

FIGURE 15   MIDDLE EAST AND AFRICA NEUROSTIMULATION DEVICE MARKET BY DYSTONIA 2019-2027 ($ MILLION)

FIGURE 15   MIDDLE EAST AND AFRICA NEUROSTIMULATION DEVICE MARKET BY GASTROPARESIS 2019-2027 ($ MILLION)      

FIGURE 16   MIDDLE EAST AND AFRICA NEUROSTIMULATION DEVICE MARKET BY PARKINSON’S DISEASE 2019-2027 ($ MILLION)      

FIGURE 17   MIDDLE EAST AND AFRICA NEUROSTIMULATION DEVICE MARKET BY OTHER APPLICATIONS 2019-2027 ($ MILLION)           

FIGURE 18   SAUDI ARABIA NEUROSTIMULATION DEVICE MARKET 2019-2027 ($ MILLION)           

FIGURE 19   TURKEY NEUROSTIMULATION DEVICE MARKET 2019-2027 ($ MILLION)        

FIGURE 20   UNITED ARAB EMIRATES NEUROSTIMULATION DEVICE MARKET 2019-2027 ($ MILLION)      

FIGURE 21   SOUTH AFRICA NEUROSTIMULATION DEVICE MARKET 2019-2027 ($ MILLION)           

FIGURE 22   REST OF MIDDLE EAST & AFRICA NEUROSTIMULATION DEVICE MARKET 2019-2027 ($ MILLION)   

                        

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