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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 8.11 billion in 2022 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.
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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.
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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.
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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 Opportunities and Challenges in the Market
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 North America
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2022)
8.6.1.3 Forecast Trend (2023-2028)
8.6.2 Europe
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2022)
8.6.2.3 Forecast Trend (2023-2028)
8.6.3 Asia Pacific
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2018-2022)
8.6.3.3 Forecast Trend (2023-2028)
8.6.4 Latin America
8.6.4.1 Market Share
8.6.4.2 Historical Trend (2018-2022)
8.6.4.3 Forecast Trend (2023-2028)
8.6.5 Middle East and Africa
8.6.5.1 Market Share
8.6.5.2 Historical Trend (2018-2022)
8.6.5.3 Forecast Trend (2023-2028)
9 North America Nerve Repair and Regeneration Market Analysis
9.1 United States of America
9.1.1 Market Share
9.1.2 Historical Trend (2018-2022)
9.1.3 Forecast Trend (2023-2028)
9.2 Canada
9.2.1 Market Share
9.2.2 Historical Trend (2018-2022)
9.2.3 Forecast Trend (2023-2028)
10 Europe Nerve Repair and Regeneration Market Analysis
10.1 United Kingdom
10.1.1 Market Share
10.1.2 Historical Trend (2018-2022)
10.1.3 Forecast Trend (2023-2028)
10.2 Germany
10.2.1 Market Share
10.2.2 Historical Trend (2018-2022)
10.2.3 Forecast Trend (2023-2028)
10.3 France
10.3.1 Market Share
10.3.2 Historical Trend (2018-2022)
10.3.3 Forecast Trend (2023-2028)
10.4 Italy
10.4.1 Market Share
10.4.2 Historical Trend (2018-2022)
10.4.3 Forecast Trend (2023-2028)
10.5 Others
11 Asia Pacific Nerve Repair and Regeneration Market Analysis
11.1 China
11.1.1 Market Share
11.1.2 Historical Trend (2018-2022)
11.1.3 Forecast Trend (2023-2028)
11.2 Japan
11.2.1 Market Share
11.2.2 Historical Trend (2018-2022)
11.2.3 Forecast Trend (2023-2028)
11.3 India
11.3.1 Market Share
11.3.2 Historical Trend (2018-2022)
11.3.3 Forecast Trend (2023-2028)
11.4 ASEAN
11.4.1 Market Share
11.4.2 Historical Trend (2018-2022)
11.4.3 Forecast Trend (2023-2028)
11.5 Australia
11.5.1 Market Share
11.5.2 Historical Trend (2018-2022)
11.5.3 Forecast Trend (2023-2028)
11.6 Others
12 Latin America Nerve Repair and Regeneration Market Analysis
12.1 Brazil
12.1.1 Market Share
12.1.2 Historical Trend (2018-2022)
12.1.3 Forecast Trend (2023-2028)
12.2 Argentina
12.2.1 Market Share
12.2.2 Historical Trend (2018-2022)
12.2.3 Forecast Trend (2023-2028)
12.3 Mexico
12.3.1 Market Share
12.3.2 Historical Trend (2018-2022)
12.3.3 Forecast Trend (2023-2028)
12.4 Others
13 Middle East and Africa Nerve Repair and Regeneration Market Analysis
13.1 Saudi Arabia
13.1.1 Market Share
13.1.2 Historical Trend (2018-2022)
13.1.3 Forecast Trend (2023-2028)
13.2 United Arab Emirates
13.2.1 Market Share
13.2.2 Historical Trend (2018-2022)
13.2.3 Forecast Trend (2023-2028)
13.3 Nigeria
13.3.1 Market Share
13.3.2 Historical Trend (2018-2022)
13.3.3 Forecast Trend (2023-2028)
13.4 South Africa
13.4.1 Market Share
13.4.2 Historical Trend (2018-2022)
13.4.3 Forecast Trend (2023-2028)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 Stryker
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 Axogen Corporation
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 Hitachi Ltd.
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 Integra LifeSciences
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 Medtronic plc
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 Abbott Laboratories
16.2.6.1 Company Overview
16.2.6.2 Product Portfolio
16.2.6.3 Demographic Reach and Achievements
16.2.6.4 Certifications
16.2.7 Boston Scientific Corporation (BSC)
16.2.7.1 Company Overview
16.2.7.2 Product Portfolio
16.2.7.3 Demographic Reach and Achievements
16.2.7.4 Certifications
16.2.8 Others
17 Key Trends and Developments in the Market
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 2022, the global nerve repair and regeneration market attained a value of nearly USD 8.11 billion.
The market is projected to grow at a CAGR of 15.09% between 2023 and 2028.
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 8.11 billion in 2022, 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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