Popular on s4story
- Filipino Poet Wins First International Poetry Prize at London's Bermondsey Festival
- Experience Trembling Firsthand with the New AgeMan® Tremor Simulator
- TEDxInglewood Returns to The Miracle Theater on August 9, 2025 — Celebrating Bold Ideas and Community Energy
- Manhattan Boutique Real Estate Collaborates with InterContinental Hotels NYC in a Branding Partners Personalized Approach
- "The Godfather's Vow" by Antonino Scalabrino is published
- Kaplan Morrell Applauds Passage of Landmark Workers' Compensation Reform in Colorado
- Real Estate CEO Launches Explosive New Book After $275,784 Wire Fraud Incident
- Rediscovered Christopher Lee Recording 'Elenore' Re-Released to Mark 10th Anniversary of His Passing
- Lottery.com Inc. Secures $300 Million in Growth Capital, Confirms Nasdaq Compliance & Acquires UAE Sports Incubator Amid High-Profile Brand Exposure
- Keepy Uppy™ by Ollyball Wins Prestigious 2025 Influencer Award from Clamour & The Toy Association; Announces Fall 2025 Launch at Target Stores
Similar on s4story
- Valley Sleep Therapy Expands to Prescott with New Location at Crossings Road
- $17.4 Million Total Revenue for First Half of 2025 (up 31.8% YOY) for Global Wet Trades Services Provider with High Value Bitcoin Investments
- $12.8 Million Net Revenue for 2024 for Cloud-Based Crowdsourcing Recruitment and SaaS-Enabled HR Solutions Provider: Baiya International Group Inc
- Inked & Maxim Model Teisha Mechetti Turns Heads—And Builds Community Impact
- AI-Based Neurotoxin Countermeasure Initiative Launched to Address Emerging National Security Needs: Renovaro, Inc. (N A S D A Q: RENB)
- The Naturist World Just Shifted — NaturismRE Ignites a Global Resurgence
- $796,000 in Q2 Revenue Marks Highest Earnings to Date on 3 Trailing Quarters of Profitability in Multi-Billion Homebuilding Sector: Stock Symbol: IVDN
- Cybersecurity is THE Hot Market Sector; Revenues, Earnings & Profit matter; Only 33 Million Shares + a Huge Short Position Equal an Undervalued Stock
- Spartan & Guardians Partner with Guitar Legend Buckethead to Support Global Child Rescue Efforts
- Winners Announced for Asia Pacific Business Awards 2024-2025
Neuroprosthetics Market is Expected to Grow at a CAGR of 12.76% and is Anticipated to Reach USD 11.32 Billion by 2026, Estimates DelveInsight
S For Story/10509543
LAS VEGAS, Nov. 25, 2021 /PRNewswire/ -- DelveInsight's Neuroprosthetics Market Insights and Forecast report provides the current and forecast Neuroprosthetics Market, upcoming innovation in the devices, individual market shares, challenges, drivers and barriers, market trends, and key competitors in the Neuroprosthetics Market.
Some of the salient features from the Neuroprosthetics Market report:
Interested in knowing how the Neuroprosthetics Market will be growing by 2026? Click to get a snapshot of Neuroprosthetics Market Analysis
Neuroprosthetics Overview
Neuroprosthetics as the name suggests is a combination of neural processing with prosthetics. These are different from the traditional prosthetics as it's more closely aligned to how the human body functions and works via a brain-computer interface (BCI), or a brain-machine interface. Thus, Neuroprosthetics is devoted to studies of brain-machine interfaces and neuroprostheses and aims at bringing together the most outstanding work to develop and explore devices and strategies in humans and animals. These have been around for years in the form of cochlear implants and visual prosthetics but are gaining more attention as viable interventions in the field of brain injury. Neuroprosthetics involve a range of artificial devices or systems that can be used to boost the motor, sensory, cognitive, visual, auditory, and communicative deficits that arise from acquired brain injuries. These comprise assistive technology, functional electrical stimulation, myoelectric prostheses, robotics, virtual reality gaming, and brain stimulation.
To pick on the latest highlights related to Neuroprosthetics, get the snapshot of the key highlights entailed in the Neuroprosthetics Market report.
Neuroprosthetics Market Insight
Geographically, the global Neuroprosthetics market is studied for North America, Europe, Asia-Pacific, and the Rest of the World. In terms of revenue share North America currently leads the global market and is expected to remain constant during the forecast period. This domination is observed majorly owing to the growing cases of neurologic disorders, rising healthcare expenditure due to a strong economy, and the presence of well-established healthcare infrastructure.
More on S For Story
There are great opportunities for Neuroprosthetics market penetration for countries like Mexico, India, and China to the major companies already having a grip in developed regions in Neurostimulation Devices. According to DelveInsight estimates, spinal cord stimulators hold a significant Neuroprosthetics market during the forecasted period. This is owing to the growing patient population suffering from chronic pain, failed back syndrome, and complex regional pain syndrome (CRPS).
In January 2021, Boston Scientific Corporation received FDA approval for its fourth-generation Vercise Genus Deep Brain Stimulation (DBS) System used to treat symptoms in patients with advanced Parkinson's disease. Owing to the launch of novel devices, there will be a rapid growth observed in the Neuroprosthetics market during the forecast period.
Learn more about the Neuroprosthetics Market Landscape @ Neuroprosthetics Market Landscape
Neuroprosthetics Market Drivers and Barriers
The rising prevalence of neurological disorders and nerve injuries, growing amputations cases owing to the rising number of accidents & injuries, increased initiative towards research and development, and technological advancement, are considered as some of the major factors driving the demand for Neuroprosthetics. There is an anticipation of high demand for cochlear implants due to the prevalence of hearing loss increase among those older than 60 years boosting the Neuroprosthetics market. Also, the current advances in neurotechnologies and neuroimaging are adding to the fast increase in the usage of Neuroprosthetics to treat an increasingly wide range of neurologic disorders. Therefore, expansion of device usage to other chronic indications and targeted applications is also anticipated to boost the global Neuroprosthetics market.
The demand for Neuroprosthetics is primarily affected by the outbreak of the COVID-19 pandemic because of the delay in elective surgeries needed for the Neuroprosthetics implantable devices. Undiagnosed and unreported neurological cases also act as setbacks for the Neuroprosthetics market.
To get a deeper understanding of the driving factors related to the Neuroprosthetics Market, get a snapshot of the Neuroprosthetics Market Dynamics
Scope of the Neuroprosthetics Market Report
Study Period: 2018-2026
Key Companies: Medtronic, Cochlear Ltd., Abbott, Boston Scientific Corporation, LivaNova, Second Sight Medical Products, Inc., MED-EL, Retina Implant AG, Sonova, NeuroPace, Inc.
Neuroprosthetics Market Segmentation
By Type
By Procedure
By Technology
By End-User
By Geography
Delveinsight Analysis: The Neuroprosthetics market is expected to grow at a CAGR of 12.76% and will reach USD 11.32 billion by 2026.
Table of Contents
Learn more about the report offerings @ Neuroprosthetics Market Outlook
Understand the Competition, Risk Assessment and effective Research and Development approach to take value-based decisions.
Related Reports
Prosthetic Joint Infections Pipeline
DelveInsight's, "Prosthetic Joint Infections - Pipeline Insight, 2021," report provides comprehensive insights about 5+ companies and 5+ pipeline drugs in the Prosthetic Joint Infections pipeline landscape. It covers the pipeline drug profiles, including clinical and non-clinical stage products, details about key companies such as TenNor Therapeutics, Peptilogics, Armata Pharmaceuticals, Contrafect, Osteal Therapeutics, and others.
Voice Prosthesis Devices Market
DelveInsight's 'Voice Prosthesis Devices - Market Insight, Competitive Landscape and Market Forecast, 2026' report delivers an in-depth understanding of Voice Prosthesis Devices and the historical and forecasted Voice Prosthesis Devices market trends, market drivers and barriers, and key companies involved such as Atos Medical, Teleflex Medical Europe Ltd, Johnson & Johnson Services, Sonova
Andreas Fahl Medizintechnik - Vertrieb GmbH, InHealth Technologies, HEIMOMED Heinze, Smiths Medical, SERVONA GmbH, and others.
Total Wrist Prosthesis Market
DelveInsight's 'Total Wrist Prosthesis - Market Insight, Competitive Landscape and Market Forecast, 2026' report delivers an in-depth understanding of Total Wrist Prosthesis and the historical and forecasted Total Wrist Prosthesis market trends, market drivers and barriers, and key companies involved such as Zimmer Biomet, Acumed, DePuy Synthes (Sub. Johnson & Johnson Services, Inc.), Medartis, Swemac, Integra LifeSciences Corporation, Skeletal Dynamics LLC, and others.
Orthopedic Prosthesis Devices/Resection Guides - Market
DelveInsight's 'Orthopedic Prosthesis Devices/Resection Guides - Market Insight, Competitive Landscape and Market Forecast, 2026' report delivers an in-depth understanding of Orthopedic Prosthesis Devices/Resection Guides and the historical and forecasted Orthopedic Prosthesis Devices/Resection Guides market trends, market drivers and barriers, and key companies involved such as Stryker, DePuy, Zimmer Inc, Smith & Nephew, Medtronic, Synthes, Biomet, and others.
Tissue Heart Valves Market
Global Tissue Heart Valves Market report by DelveInsight delivers an in-depth understanding of Tissue Heart Valves Market and the historical and forecasted Tissue Heart Valves market trends, market drivers and barriers, and key companies involved such as Abbott, Boston Scientific Corporation, CryoLife, Edward Lifesciences Corporation, Medtronic, Sorin Group (LivaNova PLC), and others
Browse Through Our Blog Posts
Connect With Us at LinkedIn (https://www.linkedin.com/company/delveinsight-business-research-llp/) | Facebook (https://www.facebook.com/delveinsightindia/) | Twitter (https://twitter.com/delve_insight)
Contact Us
Shruti Thakur
[email protected] (https://www.prnewswire.com/cdn-cgi/l/email-protection#660f0800092602030a10030f08150f010e124805090b)
+1(919)321-6187
www.delveinsight.com
SOURCE DelveInsight Business Research, LLP
Some of the salient features from the Neuroprosthetics Market report:
- As per an analysis by DelveInsight, North America is expected to dominate the overall Neuroprosthetics Market during the forecast period.
- Major pharma players working proactively in the Neuroprosthetics Market include Medtronic, Cochlear Ltd., Abbott, Boston Scientific Corporation, LivaNova, Second Sight Medical Products, Inc., MED-EL, Retina Implant AG, Sonova, NeuroPace, Inc., and others.
- DelveInsight estimates that the Global Neuroprosthetics Market was valued at USD 6.35 billion in 2020, growing at a CAGR of 12.76% during the forecast period from 2021 to 2026 and is anticipated to reach USD 11.32 billion by 2026.
- In October 2021, Cochlear Limited, the global leader in implantable hearing solutions, obtained US Food and Drug Administration (FDA) approval and clearance in the last month for its Cochlear™ Remote Assist solution in the Nucleus® and Baha® Systems.
- In March 2021, Second Sight Medical Products, a leading developer and marketer of implantable visual prosthetics that are intended to create an artificial form of useful vision for blind individuals, received the US Food and Drug Administration (FDA) approval of the Argus 2s Retinal Prosthesis System.
Interested in knowing how the Neuroprosthetics Market will be growing by 2026? Click to get a snapshot of Neuroprosthetics Market Analysis
Neuroprosthetics Overview
Neuroprosthetics as the name suggests is a combination of neural processing with prosthetics. These are different from the traditional prosthetics as it's more closely aligned to how the human body functions and works via a brain-computer interface (BCI), or a brain-machine interface. Thus, Neuroprosthetics is devoted to studies of brain-machine interfaces and neuroprostheses and aims at bringing together the most outstanding work to develop and explore devices and strategies in humans and animals. These have been around for years in the form of cochlear implants and visual prosthetics but are gaining more attention as viable interventions in the field of brain injury. Neuroprosthetics involve a range of artificial devices or systems that can be used to boost the motor, sensory, cognitive, visual, auditory, and communicative deficits that arise from acquired brain injuries. These comprise assistive technology, functional electrical stimulation, myoelectric prostheses, robotics, virtual reality gaming, and brain stimulation.
To pick on the latest highlights related to Neuroprosthetics, get the snapshot of the key highlights entailed in the Neuroprosthetics Market report.
Neuroprosthetics Market Insight
Geographically, the global Neuroprosthetics market is studied for North America, Europe, Asia-Pacific, and the Rest of the World. In terms of revenue share North America currently leads the global market and is expected to remain constant during the forecast period. This domination is observed majorly owing to the growing cases of neurologic disorders, rising healthcare expenditure due to a strong economy, and the presence of well-established healthcare infrastructure.
More on S For Story
- $17.4 Million Total Revenue for First Half of 2025 (up 31.8% YOY) for Global Wet Trades Services Provider with High Value Bitcoin Investments
- $12.8 Million Net Revenue for 2024 for Cloud-Based Crowdsourcing Recruitment and SaaS-Enabled HR Solutions Provider: Baiya International Group Inc
- Indies United is pleased to present our July 2025 book releases
- New Book Music Care: The Bridge to Hope Explores Music as a Lifeline Through Life's Hardships
- Scott Burton Releases Chaos: The Weight of a Memory, a Poetic Journey Through What Still Lingers
There are great opportunities for Neuroprosthetics market penetration for countries like Mexico, India, and China to the major companies already having a grip in developed regions in Neurostimulation Devices. According to DelveInsight estimates, spinal cord stimulators hold a significant Neuroprosthetics market during the forecasted period. This is owing to the growing patient population suffering from chronic pain, failed back syndrome, and complex regional pain syndrome (CRPS).
In January 2021, Boston Scientific Corporation received FDA approval for its fourth-generation Vercise Genus Deep Brain Stimulation (DBS) System used to treat symptoms in patients with advanced Parkinson's disease. Owing to the launch of novel devices, there will be a rapid growth observed in the Neuroprosthetics market during the forecast period.
Learn more about the Neuroprosthetics Market Landscape @ Neuroprosthetics Market Landscape
Neuroprosthetics Market Drivers and Barriers
The rising prevalence of neurological disorders and nerve injuries, growing amputations cases owing to the rising number of accidents & injuries, increased initiative towards research and development, and technological advancement, are considered as some of the major factors driving the demand for Neuroprosthetics. There is an anticipation of high demand for cochlear implants due to the prevalence of hearing loss increase among those older than 60 years boosting the Neuroprosthetics market. Also, the current advances in neurotechnologies and neuroimaging are adding to the fast increase in the usage of Neuroprosthetics to treat an increasingly wide range of neurologic disorders. Therefore, expansion of device usage to other chronic indications and targeted applications is also anticipated to boost the global Neuroprosthetics market.
The demand for Neuroprosthetics is primarily affected by the outbreak of the COVID-19 pandemic because of the delay in elective surgeries needed for the Neuroprosthetics implantable devices. Undiagnosed and unreported neurological cases also act as setbacks for the Neuroprosthetics market.
To get a deeper understanding of the driving factors related to the Neuroprosthetics Market, get a snapshot of the Neuroprosthetics Market Dynamics
Scope of the Neuroprosthetics Market Report
Study Period: 2018-2026
Key Companies: Medtronic, Cochlear Ltd., Abbott, Boston Scientific Corporation, LivaNova, Second Sight Medical Products, Inc., MED-EL, Retina Implant AG, Sonova, NeuroPace, Inc.
Neuroprosthetics Market Segmentation
By Type
- Motor Prosthetics
- Cognitive Prosthetics
- Auditory Prosthetics/Cochlear Implants
- Visual Prosthetics/Retinal Implants
By Procedure
- Invasive
- Non-Invasive
By Technology
- Deep Brain Stimulators
- Vagus Nerve Stimulators
- Sacral Nerve Stimulators
- Spinal Cord Stimulators
- Transcranial Magnetic Stimulators
- Others
By End-User
- Hospitals
- Ambulatory Surgical Centres
- Others
By Geography
- North America
- Europe
- Asia-Pacific
- Rest of World
Delveinsight Analysis: The Neuroprosthetics market is expected to grow at a CAGR of 12.76% and will reach USD 11.32 billion by 2026.
Table of Contents
1 | Neuroprosthetics Market Report Introduction |
2 | Neuroprosthetics Market Executive summary |
3 | Regulatory and Patent Analysis |
4 | Neuroprosthetics Market Key factors analysis |
5 | NeuroprostheticsPorter's Five Forces Analysis |
6 | COVID-19 Impact Analysis on Neuroprosthetics Market |
7 | Neuroprosthetics Market Layout |
8 | Neuroprosthetics Global Company Share Analysis – Key 3-5 Companies |
9 | Neuroprosthetics Market Company and Product Profiles |
9.1 Medtronic More on S For Story
9.2 Cochlear Ltd. 9.3 Boston Scientific Corporation 9.4 Abbott 9.5 LivaNova 9.6 Second Sight Medical Products, Inc. 9.7 MED-EL 9.8 Retina Implant AG 9.9 Sonova 9.10 NeuroPace, Inc. 9.11 BrainGate. 9.12 SensArs 9.13 Axonics, Inc. 9.14 MicroTransponder Inc. 9.15 electroCore, Inc. | |
10 | Project Approach |
11 | KOL Views |
12 | DelveInsight Capabilities |
13 | Disclaimer |
14 | About DelveInsight |
Learn more about the report offerings @ Neuroprosthetics Market Outlook
Understand the Competition, Risk Assessment and effective Research and Development approach to take value-based decisions.
Related Reports
Prosthetic Joint Infections Pipeline
DelveInsight's, "Prosthetic Joint Infections - Pipeline Insight, 2021," report provides comprehensive insights about 5+ companies and 5+ pipeline drugs in the Prosthetic Joint Infections pipeline landscape. It covers the pipeline drug profiles, including clinical and non-clinical stage products, details about key companies such as TenNor Therapeutics, Peptilogics, Armata Pharmaceuticals, Contrafect, Osteal Therapeutics, and others.
Voice Prosthesis Devices Market
DelveInsight's 'Voice Prosthesis Devices - Market Insight, Competitive Landscape and Market Forecast, 2026' report delivers an in-depth understanding of Voice Prosthesis Devices and the historical and forecasted Voice Prosthesis Devices market trends, market drivers and barriers, and key companies involved such as Atos Medical, Teleflex Medical Europe Ltd, Johnson & Johnson Services, Sonova
Andreas Fahl Medizintechnik - Vertrieb GmbH, InHealth Technologies, HEIMOMED Heinze, Smiths Medical, SERVONA GmbH, and others.
Total Wrist Prosthesis Market
DelveInsight's 'Total Wrist Prosthesis - Market Insight, Competitive Landscape and Market Forecast, 2026' report delivers an in-depth understanding of Total Wrist Prosthesis and the historical and forecasted Total Wrist Prosthesis market trends, market drivers and barriers, and key companies involved such as Zimmer Biomet, Acumed, DePuy Synthes (Sub. Johnson & Johnson Services, Inc.), Medartis, Swemac, Integra LifeSciences Corporation, Skeletal Dynamics LLC, and others.
Orthopedic Prosthesis Devices/Resection Guides - Market
DelveInsight's 'Orthopedic Prosthesis Devices/Resection Guides - Market Insight, Competitive Landscape and Market Forecast, 2026' report delivers an in-depth understanding of Orthopedic Prosthesis Devices/Resection Guides and the historical and forecasted Orthopedic Prosthesis Devices/Resection Guides market trends, market drivers and barriers, and key companies involved such as Stryker, DePuy, Zimmer Inc, Smith & Nephew, Medtronic, Synthes, Biomet, and others.
Tissue Heart Valves Market
Global Tissue Heart Valves Market report by DelveInsight delivers an in-depth understanding of Tissue Heart Valves Market and the historical and forecasted Tissue Heart Valves market trends, market drivers and barriers, and key companies involved such as Abbott, Boston Scientific Corporation, CryoLife, Edward Lifesciences Corporation, Medtronic, Sorin Group (LivaNova PLC), and others
Browse Through Our Blog Posts
- Evaluating the Role of Digital Therapeutics as an Alternative to Conventional Therapies for Depression
- Medical Devices Market Blooms as the Key MedTech Companies Continue to Bring-In Innovation
- MedTech Industry Roars Back as FDA Approvals Soar
Connect With Us at LinkedIn (https://www.linkedin.com/company/delveinsight-business-research-llp/) | Facebook (https://www.facebook.com/delveinsightindia/) | Twitter (https://twitter.com/delve_insight)
Contact Us
Shruti Thakur
[email protected] (https://www.prnewswire.com/cdn-cgi/l/email-protection#660f0800092602030a10030f08150f010e124805090b)
+1(919)321-6187
www.delveinsight.com
SOURCE DelveInsight Business Research, LLP
0 Comments
Latest on S For Story
- Psychologist-Turned-Hermeticist Releases Modern Guide to the Seven Hermetic Principles
- Winners Announced for Asia Pacific Business Awards 2024-2025
- Kids Reading Adventures Launches Big Summer Book Sale on Smashwords Starting July 1!
- Hamvay-Lang and Lampone.hu Join Forces with AIMarketingugynokseg.hu to Elevate Hungarian Lifestyle Brands on the Global Stage
- Google AI Quietly Corrects the Record on Republic of Aquitaine's Legal Sovereignty
- NYC Leadership Strategist Stacie Selise Launches Groundbreaking 4S Framework Series to Redefine Executive Excellence
- Make Innovation Matter: Support H.R.1's R&D Expensing Relief for American Small Businesses
- Agreement to Supply US-Based Defense Provider with Thin-Film Solar Tech for Orbital Application; Ascent Solar Technologies, Inc. (N A S D A Q: ASTI)
- Byrd Davis Alden & Henrichson Launches Independence Day Safe Ride Initiative with 500 Free Uber Credits
- New Novel From Essex Author Takes Readers on a Thrilling International Chase
- Kilpack's Dystopian Military Sci-Fi Novel Battle Calm Named Finalist in Utah Book Awards
- Anna D. Banks' Street Smart Series Soars: "Future Ready" Tops Charts, "Money Smart" Debuts #1
- databahn Launches GenAI Sales Intelligence Platform to Revolutionize Fortune 500 and Global 2000 Account Research
- IRF Builders Forum Brings Global Leaders to Washington, D.C. to Advance Religious Freedom Through Cooperative Engagement
- Anthony B. Bonapart Featured on the Cover of Entrepreneurs in the Spotlight Magazine
- Colorado Scenthound Locations Partner with Humane Colorado to Give Adopted Dogs a "Clean Start"
- Endoacustica Europe Unveils iPhone 13 Pro Max Spy Phone—Pure Hardware, Zero Software Changes
- Suzanne Harp named Managing Director in Texas, USA
- $10 Million Acquisition of GXR World Sports Assets Energizes Global Launch of Sports.com Super App by Online Lottery-Sports Game Provider: Lottery.com
- Shop American Made Goods: New Online Marketplace My American Goods Curates the Best of U.S. Made