Neurostimulation Devices Market To Expand Industry Growth At USD 9.8 Billion By 2024 : Grand View Research Inc.
San Francisco, 21 May 2019: The Report Neurostimulation Devices Market Size, Share & Trend Analysis By Product (Spinal Cord Stimulator, Deep Brain Stimulator, Sacral Nerve Stimulator), By Application, And Segment Forecasts, 2018 – 2024 The Neurostimulation Devices Market is expected to reach USD 9.8 billion by 2024, according to a new report by Grand View Research, Inc. The neurostimulation devices market is anticipated to witness a significant growth during the study period from 2016 to 2024. This growth is majorly attributed to high prevalence of chronic diseases, including migraine and epilepsy. Increasing adoption of unhealthy lifestyle, diet, and growth in aging population is resulting in a growing incidence of the chronic disease in individuals. However, adverse effects and risks associated with neurostimulation devices and presence of stringent device approval regulations are expected to hamper the growth. Apart from the above mentioned factors, increasing incidence