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Global Noninvasive Neuromodulation Market: By Product; By Application: Pain Management, Epilepsy, Urinary and Fecal Incontinence, Depression, Migraine, Spinal Cord Injury; By End Use; Regional Analysis; Historical Market and Forecast (2016-2026); Market Dynamics; Competitive Landscape; Industry Events and Developments

Global Noninvasive Neuromodulation Market Outlook

The global noninvasive neuromodulation market is being supported by the growth of global neuromodulation market, which reached a value of about USD 10.7 billion in 2020. The market is further expected to grow at a CAGR of 12% in the forecast period of 2021-2026 to reach a value of approximately USD 21 billion by 2026.

 

Global Noninvasive Neuromodulation Market

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Rising Popularity of TENS therapy to Boost the Noninvasive Neuromodulation Industry Growth

The noninvasive neuromodulation therapy TENS – Transcranial Electrical Nerve Stimulation has witnessed rising popularity over the years. This technique is used to treat a wide range of both acute and chronic pains from joints, muscles, spinal cord to tendons, and is forecast to boost market growth. The industry is bolstered by the rising demand for these units as they are small and portable and can therefore be used at home or anytime when pain relief is required. These are now being increasingly suggested by physical therapists, acupuncturists, and other healthcare professionals, thereby propelling the growth rate of the market over the forecast period.

 

Noninvasive Neuromodulation: Industry Definition and Segmentation

Neuromodulation is defined as the alteration of nerve activity by targeting the stimulus, which could be electrical or chemical to specific neurological sites in the body. The main function of neuromodulation is in therapies; they can help restore function or relieve symptoms with neurological basis. Noninvasive is defined as not tending to destroy healthy tissue or physically enter the body. A lot of noninvasive neuromodulation techniques are used to treat spinal cord and transcranial stimulations.

 

Global Noninvasive Neuromodulation Market By Application

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Based on product, the market is divided into:

  • Repetitive Transcranial Magnetic Stimulation (rTMS)
  • Transcutaneous Electrical Nerve Stimulation (TENS)
  • Transcranial Direct Current Stimulation (tDCS)
  • Transcranial Alternating Current Stimulation (tACS)
  • Transcutaneous Vagus Nerve Stimulation (tVNS)
  • Transcutaneous Spinal Cord Stimulation (tSCS)
  • Electroconvulsive Therapy (ECT)
  • Others

On the basis of application, the market is segmented into:

  • Pain Management
  • Epilepsy
  • Urinary and Fecal Incontinence 
  • Depression 
  • Migraine
  • Spinal Cord Injury
  • Others

By end use, the market is segregated into:

  • Rehabilitation Centres
  • Hospitals
  • Speciality Clinics
  • Others

The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Global Noninvasive Neuromodulation Market By Region

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Increasing Demand for Transcutaneous Spinal Cord Stimulation to Boost the Industry

Continuous low voltage electric current is applied to the spinal cord and is known as transcutaneous spinal cord stimulation. This technique helps in numbing and reducing chronic pain and has witnessed massive growth in the market. The immediate benefit on body functions and pain relief is boosting this technique, thereby supporting the growth of the noninvasive neuromodulation industry during the forecast period. The ability to relieve pain and treat a lot of injuries is propelling the growth of this industry. North America is forecast to lead the market as they invest heavily into the research and implementation of these techniques.

 

Key Industry Players in the Global Noninvasive Neuromodulation Market

The report gives a detailed analysis of the following key players in the global noninvasive neuromodulation market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • GE Global Research 
  • Sooma Oy
  • Soterix Medical Inc.
  • electroCore Inc.
  • Bioness Inc.
  • Helius Medical Technologies Inc. 
  • Others

The comprehensive EMR report provides an in-depth assessment of the industry based on the Porter's five forces model along with giving a SWOT analysis.

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual 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 Noninvasive Neuromodulation Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Noninvasive Neuromodulation Historical Market (2016-2020) 
    8.3    Global Noninvasive Neuromodulation Market Forecast (2021-2026)
    8.4    Global Noninvasive Neuromodulation Market by Product
        8.4.1    Repetitive Transcranial Magnetic Stimulation (rTMS)
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2016-2020)
            8.4.1.3    Forecast Trend (2021-2026)
        8.4.2    Transcutaneous Electrical Nerve Stimulation (TENS)
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2016-2020)
            8.4.2.3    Forecast Trend (2021-2026)
        8.4.3    Transcranial Direct Current Stimulation (tDCS)
            8.4.3.1    Market Share
            8.4.3.2    Historical Trend (2016-2020)
            8.4.3.3    Forecast Trend (2021-2026)
        8.4.4    Transcranial Alternating Current Stimulation (tACS)
            8.4.4.1    Market Share
            8.4.4.2    Historical Trend (2016-2020)
            8.4.4.3    Forecast Trend (2021-2026)
        8.4.5    Transcutaneous Vagus Nerve Stimulation (tVNS)
            8.4.5.1    Market Share
            8.4.5.2    Historical Trend (2016-2020)
            8.4.5.3    Forecast Trend (2021-2026)
        8.4.6    Transcutaneous Spinal Cord Stimulation (tSCS)
            8.4.6.1    Market Share
            8.4.6.2    Historical Trend (2016-2020)
            8.4.6.3    Forecast Trend (2021-2026)
        8.4.7    Electroconvulsive Therapy (ECT)
            8.4.7.1    Market Share
            8.4.7.2    Historical Trend (2016-2020)
        8.4.7.3    Forecast Trend (2021-2026)
        8.4.8    Others
    8.5    Global Noninvasive Neuromodulation Market by Application
        8.5.1    Pain Management
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2016-2020)
            8.5.1.3    Forecast Trend (2021-2026)
        8.5.2    Epilepsy
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2016-2020)
            8.5.2.3    Forecast Trend (2021-2026)
        8.5.3    Urinary and Fecal Incontinence
            8.5.3.1    Market Share
            8.5.3.2    Historical Trend (2016-2020)
            8.5.3.3    Forecast Trend (2021-2026)
        8.5.4    Depression
            8.5.4.1    Market Share
            8.5.4.2    Historical Trend (2016-2020)
            8.5.4.3    Forecast Trend (2021-2026)
        8.5.5    Migraine
            8.5.5.1    Market Share
            8.5.5.2    Historical Trend (2016-2020)
            8.5.5.3    Forecast Trend (2021-2026)
        8.5.6    Spinal Cord Injury
            8.5.6.1    Market Share
            8.5.6.2    Historical Trend (2016-2020)
            8.5.6.3    Forecast Trend (2021-2026)
        8.5.7    Others
    8.6    Global Noninvasive Neuromodulation Market by End Use
        8.6.1    Rehabilitation Centres
            8.6.1.1    Market Share
            8.6.1.2    Historical Trend (2016-2020)
            8.6.1.3    Forecast Trend (2021-2026)
        8.6.2    Hospitals
            8.6.2.1    Market Share
            8.6.2.2    Historical Trend (2016-2020)
            8.6.2.3    Forecast Trend (2021-2026)
        8.6.3    Speciality Clinics
            8.6.3.1    Market Share
            8.6.3.2    Historical Trend (2016-2020)
            8.6.3.3    Forecast Trend (2021-2026)
        8.6.4    Others
    8.7    Global Noninvasive Neuromodulation Market by Region
        8.7.1    Market Share
            8.7.1.1    North America
            8.7.1.2    Europe
            8.7.1.3    Asia Pacific
            8.7.1.4    Latin America
            8.7.1.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2016-2020)
        9.1.2    Forecast Trend (2021-2026)
        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 (2016-2020)
        9.2.2    Forecast Trend (2021-2026)
        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 (2016-2020)
        9.3.2    Forecast Trend (2021-2026)
        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 (2016-2020)
        9.4.2    Forecast Trend (2021-2026)
        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 (2016-2020)
        9.5.2    Forecast Trend (2021-2026)
        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    EMR’s Key Indicators for Demand
    10.4    EMR’s Key Indicators for Price
11    Value Chain Analysis
12    Competitive Landscape

    12.1    Market Structure
    12.2    Company Profiles
        12.2.1    GE Global Research
            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    Sooma Oy
            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    Soterix Medical Inc.
            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    electroCore, Inc
            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    Bioness Inc.
            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    Helius Medical Technologies, Inc.
            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 Figures and Tables

1.    Global Noninvasive Neuromodulation Market: Key Industry Highlights, 2016 and 2026
2.    Global Noninvasive Neuromodulation Historical Market: Breakup by Product (USD Billion), 2016-2020
3.    Global Noninvasive Neuromodulation Market Forecast: Breakup by Product (USD Billion), 2021-2026
4.    Global Noninvasive Neuromodulation Historical Market: Breakup by Application (USD Billion), 2016-2020
5.    Global Noninvasive Neuromodulation Market Forecast: Breakup by Application (USD Billion), 2021-2026
6.    Global Noninvasive Neuromodulation Historical Market: Breakup by End Use (USD Billion), 2016-2020
7.    Global Noninvasive Neuromodulation Market Forecast: Breakup by End Use (USD Billion), 2021-2026
8.    Global Noninvasive Neuromodulation Historical Market: Breakup by Region (USD Billion), 2016-2020
9.    Global Noninvasive Neuromodulation Market Forecast: Breakup by Region (USD Billion), 2021-2026
10.    North America Noninvasive Neuromodulation Historical Market: Breakup by Country (USD Billion), 2016-2020
11.    North America Noninvasive Neuromodulation Market Forecast: Breakup by Country (USD Billion), 2021-2026
12.    Europe Noninvasive Neuromodulation Historical Market: Breakup by Country (USD Billion), 2016-2020
13.    Europe Noninvasive Neuromodulation Market Forecast: Breakup by Country (USD Billion), 2021-2026
14.    Asia Pacific Noninvasive Neuromodulation Historical Market: Breakup by Country (USD Billion), 2016-2020
15.    Asia Pacific Noninvasive Neuromodulation Market Forecast: Breakup by Country (USD Billion), 2021-2026
16.    Latin America Noninvasive Neuromodulation Historical Market: Breakup by Country (USD Billion), 2016-2020
17.    Latin America Noninvasive Neuromodulation Market Forecast: Breakup by Country (USD Billion), 2021-2026
18.    Middle East and Africa Noninvasive Neuromodulation Historical Market: Breakup by Country (USD Billion), 2016-2020
19.    Middle East and Africa Noninvasive Neuromodulation Market Forecast: Breakup by Country (USD Billion), 2021-2026
20.    Global Noninvasive Neuromodulation Market Structure

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