[December 03, 2014]

Research and Markets: Global Neuroprosthetics Market 2013-2020: Medtronic, Boston Scientific, St. Jude Medical, Cyberonics, Retina Implant, MED-EL, Sonova & NDI Medical Dominate the $14 Billion Market

Research and Markets (http://www.researchandmarkets.com/research/sk8rcb/global) has announced the addition of the "Global Neuroprosthetics Market (Product Types, Technology, Application, and Geography) - Size, Share, Global Trends, Company Profiles, Analysis, Segmentation and Forecast, 2013 - 2020" report to their offering.

The global neuroprosthetics market is expected to reach $14 billion by 2020, registering a CAGR of 15.8% from 2014 to 2020

High growth segments such as Visual neuroprosthetics/retinal implants and applications such as Parkinson's disease, Overactive Bladder Syndrome and Epilepsy are expected to contribute substantially to the growth of the overall global Neuroprosthetics market. Motor Prosthetics holds the largest share within Neuroprosthetics devices market segment whereas Sacral Cord Stimulation (SCS (News - Alert)) would maintain the leading market position through 2020, within technology segment.

Multitude of cognitive and physiological disorders have a debilitating impact on 'quality-of-life' of affected patient poplace. A majority (-80%) of such patients are unamenable to any form of treatment as first line (drug) and second line (invasive surgeries) treatments fail. Neuroprosthetics devices or neural implants or brain implants offer an efficacious solution to the afore-mentioned type of patients.

Key findings of the study:

• Global market for Neuroprosthetics gaining traction with Visual Prosthetics/ Retinal implants and Motor Neuroprosthetics (for treating Parkinson's disease) being major growth arenas during the forecast period (2014 - 2020)
• Within Neuroprosthetics devices market, Visual Prosthetics/ Retinal implants is the fastest growing segment
• Within Neuroprosthetics devices, Motor Neuroprosthetics segment would garner the largest market share, owing to numerous applications such as Parkinson's disease, Neurocardiac disorders, Over Active Bladder syndrome and Epilepsy
• North America would be the lucrative market, both in terms of market size and growth, (among all regional markets)

Some of the key market players profiled in this report are Medtronic, Boston Scientific Corporation, St. Jude Medical, Cyberonics Inc., Retina Implant AG, MED-EL, Sonova Group (Advanced Bionics AG) and NDI Medical LLC.

Key Topics Covered:

Chapter 1 Introduction

Chapter 2 Executive Summary

Chapter 3 Market Overview

Chapter 4 Global Neuroprosthetics Market By Technology, 2013-2020, $Million

Chapter 5 Global Neuroprosthetics Market By Type, 2013-2020, $Million

Chapter 6 Global Neuroprosthetics Market By Application, 2013-2020, $Million

Chapter 7 Global Neuroprosthetics Market By Geography, 2013-2020, $Million

Chapter 8 Company Profiles

• Boston Scientific Corporation
• Cochlear Limited
• Cyberonics Inc.
• Medtronic Inc.
• NDI Medical LLC
• Nervo Corp.
• NeuroPace Inc.
• Retina Implant AG
• ST. Jude Medical
• Sonova Group (Advanced Bionics AG)

For more information visit http://www.researchandmarkets.com/research/sk8rcb/global

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