LAS VEGAS, Oct. 18, 2017 (GLOBE NEWSWIRE) -- The global sacral nerve stimulation (SNS) market is expected to be around $3.3 billion by 2025. The market is primarily driven by factors such as increasing incidence of neurological disorders around the world, rising geriatric population along with increase in the investment for development of sacral nerve stimulation products by the key players in the market. Moreover, increase in the number of patients suffering from overactive bladder (OAB) condition is also expected to largely contribute to the market growth over the forecast period. However, factors such as unfavorable reimbursement policies and side-effects associated with SNS devices can hinder the market growth during the forecast period.
Major Key Player
Axonics Modulation Technologies, Inc
Medtronic plc
Nuvectra Corporation
Cogentix Medical
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Sacral Nerve Stimulation Market Segmentation:
By Product:
- External SNS Devices
- Implantable SNS Devices
By Application:
- Urine Incontinence
- Fecal Incontinence
- Other Applications
By Region:
• North America
- U.S
- Canada
- Mexico
• Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
• Asia-Pacific
- Japan
- China
- Australia
- India
- South Korea
- Rest of Asia-Pacific
• Rest of the World
- Brazil
- South Africa
- Saudi Arabia
- Turkey
- United Arab Emirates
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Table of Contents
- Introduction
- Executive Summary
- Market Overview
3.1.Introduction
3.1.1. Market Definition
3.1.2. Market Segmentation
3.2.Market Share Analysis
3.3.Market Dynamics
3.3.1. Drivers
3.3.1.1.Increasing Incidence of OAB Conditions Around the World
3.3.1.2.Rising Geriatric Population Globally
3.3.1.3.Increasing Investments in Development of SNS Devices
3.3.2. Restraints
3.3.2.1.Side-effects Associated with SNS Devices
3.3.2.2.Unfavorable Reimbursement Policies
3.3.3. Opportunities
3.3.3.1.Emerging Markets to Offer Lucrative Growth Opportunities
3.4.Industry Trends - Sacral Nerve Stimulation Market, By Product
- Sacral Nerve Stimulation Market, By Application
- Sacral Nerve Stimulation Market, By Region
- Company Profiles
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