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Global Nerve Repair and Regeneration Market: By Product: Biosimilars, Neurostimulation & Neuromodulation Devices; By Surgery: Direct Nerve Repair/Neurorrhaphy, Nerve Grafting, Stem Cell Therapy, Others; Regional Analysis; Historical Market and Forecast (2018-2028); Market Dynamics; Competitive Landscape; Industry Events and Developments

Global Nerve Repair and Regeneration Market Outlook

The global nerve repair and regeneration market attained a value of USD 6.125 billion in 2020 and is expected to grow at a CAGR of 15.09% in the forecast period of 2023-2028.

 

Peripheral nerves, like muscles and hair, connect the brain and spinal cord to the other parts of the body. Such nerves are fragile and easily damaged, and the ability of the brain to interact with muscles and organs can be interfered with. The demand for drugs for nerve repair and regeneration includes biomaterials and tools for neuro-stimulation and neuromodulation.

 

Global Nerve Repair and Regeneration Market

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Market Segmentation

Repair and regeneration of the nervous system is a mechanism that allows damaged tissue to regrow and regenerate, leading to a potential recovery of the nervous system’s function. The global nerve repair and regeneration market can be divided based on segments like product and surgery.

 

Global Nerve Repair and Regeneration Market By Surgery

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The industry can be broadly categorised based on its products into:

  • Biosimilars
  • Neurostimulation and Neuromodulation Devices 
  • Spinal Cord 
  • Deep Brain 
  • Sacral Nerve 
  • Vagus Nerve 
  • Gastric Electric

The industry can be divided based on its surgery as:

  • Direct Nerve Repair/Neurorrhaphy
  • Nerve Grafting
  • Stem Cell Therapy
  • Neurostimulation and Neuromodulation Surgeries

The EMR report looks into the regional nerve repair and regeneration markets like North America, Latin America, the Asia Pacific, Europe, and the Middle East and Africa.

 

Global Nerve Repair and Regeneration Market By Region

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Market Analysis

The major factors driving the global nerve repair and regeneration industry are the growing cases of neurological disorders, along with the development in the product line from major companies. The increased efficiency of surgical procedures in the treatment of neurological disorders is likely to contribute to the market growth due to several technological advancements. The growing popularity of clinics offering stem cell therapies in the U.S. contributes to the growth of the market in the region. The Asia Pacific region is the rapidly emerging market owing to factors like the rising target population, the increasing patient knowledge, the growing government initiatives, unmet medical needs, and the emergence of innovative technologies, which will provide the industry with immense growth opportunities in the forecast period.

 

Competitive Landscape

The report presents a detailed analysis of the following key players in the global nerve repair and regeneration market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

  • Stryker
  • Axogen Corporation
  • Integra LifeSciences
  • Medtronic plc
  • Abbott Laboratories
  • Boston Scientific Corporation (BSC)
  • Others

The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.

 

REPORT FEATURES DETAILS
Base Year 2022
Historical Period 2018-2022
Forecast Period 2023-2028
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Product, Surgery, Region
Breakup by Product Biosimilars, Neurostimulation and Neuromodulation Devices
Breakup by Surgery Direct Nerve Repair/Neurorrhaphy, Nerve Grafting, Stem Cell Therapy, Neurostimulation and Neuromodulation Surgeries
Breakup by Region North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Market Dynamics SWOT, Porter's Five Forces, Key Indicators for Price and Demand
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered Stryker, Axogen Corporation, Integra LifeSciences, Medtronic plc, Abbott Laboratories, Boston Scientific Corporation (BSC), Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Industry Opportunities and Challenges
8    Global Nerve Repair and Regeneration Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Nerve Repair and Regeneration Historical Market (2018-2022) 
    8.3    Global Nerve Repair and Regeneration Market Forecast (2023-2028)
    8.4    Global Nerve Repair and Regeneration Market by Product
        8.4.1    Biosimilars
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2018-2022)
            8.4.1.3    Forecast Trend (2023-2028)
        8.4.2    Neurostimulation and Neuromodulation Devices
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2018-2022)
            8.4.2.3    Forecast Trend (2023-2028)
            8.4.2.4    Neurostimulation and Neuromodulation Devices by Type
                8.4.2.4.1    Spinal Cord
                8.4.2.4.2    Deep Brain
                8.4.2.4.3    Sacral Nerve
                8.4.2.4.4    Vagus Nerve
                8.4.2.4.5    Gastric Electric
    8.5    Global Nerve Repair and Regeneration Market by Surgery
        8.5.1    Direct Nerve Repair/Neurorrhaphy
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2018-2022)
            8.5.1.3    Forecast Trend (2023-2028)
        8.5.2    Nerve Grafting
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2018-2022)
            8.5.2.3    Forecast Trend (2023-2028)
        8.5.3    Stem Cell Therapy
            8.5.3.1    Market Share
            8.5.3.2    Historical Trend (2018-2022)
            8.5.3.3    Forecast Trend (2023-2028)
        8.5.4    Neurostimulation and Neuromodulation Surgeries
            8.5.4.1    Market Share
            8.5.4.2    Historical Trend (2018-2022)
            8.5.4.3    Forecast Trend (2023-2028)
    8.6    Global Nerve Repair and Regeneration Market by Region
        8.6.1    Market Share
            8.6.1.1    North America
            8.6.1.2    Europe
            8.6.1.3    Asia Pacific
            8.6.1.4    Latin America
            8.6.1.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2018-2022)
        9.1.2    Forecast Trend (2023-2028)
        9.1.3    Breakup by Country
            9.1.3.1    United States of America 
            9.1.3.2    Canada
    9.2    Europe
        9.2.1    Historical Trend (2018-2022)
        9.2.2    Forecast Trend (2023-2028)
        9.2.3    Breakup by Country
            9.2.3.1    United Kingdom
            9.2.3.2    Germany
            9.2.3.3    France
            9.2.3.4    Italy
            9.2.3.5    Others
    9.3    Asia Pacific
        9.3.1    Historical Trend (2018-2022)
        9.3.2    Forecast Trend (2023-2028)
        9.3.3    Breakup by Country
            9.3.3.1    China
            9.3.3.2    Japan
            9.3.3.3    India
            9.3.3.4    ASEAN
            9.3.3.5    Australia
            9.3.3.6    Others
    9.4    Latin America
        9.4.1    Historical Trend (2018-2022)
        9.4.2    Forecast Trend (2023-2028)
        9.4.3    Breakup by Country
            9.4.3.1    Brazil
            9.4.3.2    Argentina
            9.4.3.3    Mexico
            9.4.3.4    Others
    9.5    Middle East and Africa
        9.5.1    Historical Trend (2018-2022)
        9.5.2    Forecast Trend (2023-2028)
        9.5.3    Breakup by Country
            9.5.3.1    Saudi Arabia
            9.5.3.2    United Arab Emirates
            9.5.3.3    Nigeria
            9.5.3.4    South Africa
            9.5.3.5    Others
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyer’s Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    Key Indicators for Demand
    10.4    Key Indicators for Price
11    Value Chain Analysis
12    Competitive Landscape

    12.1    Market Structure
    12.2    Company Profiles
        12.2.1    Stryker
            12.2.1.1    Company Overview
            12.2.1.2    Product Portfolio
            12.2.1.3    Demographic Reach and Achievements
            12.2.1.4    Certifications
        12.2.2    Axogen Corporation
            12.2.2.1    Company Overview
            12.2.2.2    Product Portfolio
            12.2.2.3    Demographic Reach and Achievements
            12.2.2.4    Certifications
        12.2.3    Integra LifeSciences
            12.2.3.1    Company Overview
            12.2.3.2    Product Portfolio
            12.2.3.3    Demographic Reach and Achievements
            12.2.3.4    Certifications
        12.2.4    Medtronic plc
            12.2.4.1    Company Overview
            12.2.4.2    Product Portfolio
            12.2.4.3    Demographic Reach and Achievements
            12.2.4.4    Certifications
        12.2.5    Abbott Laboratories
            12.2.5.1    Company Overview
            12.2.5.2    Product Portfolio
            12.2.5.3    Demographic Reach and Achievements
            12.2.5.4    Certifications
        12.2.6    Boston Scientific Corporation (BSC)
            12.2.6.1    Company Overview
            12.2.6.2    Product Portfolio
            12.2.6.3    Demographic Reach and Achievements
            12.2.6.4    Certifications
        12.2.7    Others
13    Industry Events and Developments


List of Key Figures and Tables

1.    Global Nerve Repair and Regeneration Market: Key Industry Highlights, 2018 and 2028
2.    Global Nerve Repair and Regeneration Historical Market: Breakup by Product (USD Billion), 2018-2022
3.    Global Nerve Repair and Regeneration Market Forecast: Breakup by Product (USD Billion), 2023-2028
4.    Global Nerve Repair and Regeneration Historical Market: Breakup by Surgery (USD Billion), 2018-2022
5.    Global Nerve Repair and Regeneration Market Forecast: Breakup by Surgery (USD Billion), 2023-2028
6.    Global Nerve Repair and Regeneration Historical Market: Breakup by Region (USD Billion), 2018-2022
7.    Global Nerve Repair and Regeneration Market Forecast: Breakup by Region (USD Billion), 2023-2028
8.    North America Nerve Repair and Regeneration Historical Market: Breakup by Country (USD Billion), 2018-2022
9.    North America Nerve Repair and Regeneration Market Forecast: Breakup by Country (USD Billion), 2023-2028
10.    Europe Nerve Repair and Regeneration Historical Market: Breakup by Country (USD Billion), 2018-2022
11.    Europe Nerve Repair and Regeneration Market Forecast: Breakup by Country (USD Billion), 2023-2028
12.    Asia Pacific Nerve Repair and Regeneration Historical Market: Breakup by Country (USD Billion), 2018-2022
13.    Asia Pacific Nerve Repair and Regeneration Market Forecast: Breakup by Country (USD Billion), 2023-2028
14.    Latin America Nerve Repair and Regeneration Historical Market: Breakup by Country (USD Billion), 2018-2022
15.    Latin America Nerve Repair and Regeneration Market Forecast: Breakup by Country (USD Billion), 2023-2028
16.    Middle East and Africa Nerve Repair and Regeneration Historical Market: Breakup by Country (USD Billion), 2018-2022
17.    Middle East and Africa Nerve Repair and Regeneration Market Forecast: Breakup by Country (USD Billion), 2023-2028
18.    Global Nerve Repair and Regeneration Market Structure

Key Questions Answered in the Report

In 2020, the global nerve repair and regeneration market attained a value of nearly USD 6.125 billion.

The market is projected to grow at a CAGR of 15.09% between 2021 and 2026.

The major drivers of the industry include increased efficiency of surgical procedures, technological advancements, rising target population, and increasing patient knowledge.

The growing cases of neurological disorders is expected to be a key trend guiding the growth of the industry.

The different products of nerve repair and regeneration available are biosimilars, neurostimulation and neuromodulation devices. Neurostimulation and neuromodulation devices can be further divided into spinal cord, deep brain, sacral nerve, vagus nerve and gastric electric.

Nerve repair and regeneration can be divided by its surgery into direct nerve repair/neurorrhaphy, nerve grafting, stem cell therapy and neurostimulation and neuromodulation surgeries.

The leading players in this market are Stryker, Axogen Corporation, Integra LifeSciences, Medtronic plc, Abbott Laboratories, and Boston Scientific Corporation (BSC), among others.

Analyst Review

The global nerve repair and regeneration market attained a value of USD 6.125 billion in 2020, driven by the increased efficiency of surgical procedures, technological advancements, rising target population, and increasing patient knowledge. Aided by the growing cases of neurological disorders, the market is expected to witness a further growth in the forecast period of 2023-2028, growing at a CAGR of 15.09%.

EMR’s meticulous research methodology delves deep into the industry, covering the macro and micro aspects of the industry. Based on product type, the nerve repair and regeneration market can be segmented into biosimilars, neurostimulation and neuromodulation devices. Neurostimulation and neuromodulation devices can be further divided into spinal cord, deep brain, sacral nerve, vagus nerve and gastric electric. By surgery, the industry can be divided into direct nerve repair/neurorrhaphy, nerve grafting, stem cell therapy and neurostimulation and neuromodulation surgeries. The key players in the above industry include Stryker, Axogen Corporation, Integra LifeSciences, Medtronic plc, Abbott Laboratories, and Boston Scientific Corporation (BSC), among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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