Neurology Devices are specialized surgical devices used for the treatment of disease or conditions of the Central Nervous System (CNS) and spine. Neuromodulation devices are implantable electrical devices that are used to typically treat chronic pain, by modulating pathways in the spinal cord leading to blocking transmission of pain signals to the brain. GlobalData uses proprietary data and analytics to provide a comprehensive report on the neuromodulation devices devices market, including market shares of different players within Sweden. Buy the latest report here.
In 2023, GlobalData’s Market Model methodology determined that the leading player in the neuromodulation devices market in Sweden was Medtronic followed by Boston Scientific, Nevro, Abbott Laboratories, LivaNova, IntraPace, B. Braun Melsungen, Laborie Medical Technologies and ReShape Lifesciences.
Neuromodulation devices include Deep Brain Stimulators (DBS), Gastric Electric Stimulators (GES), Leads, Sacral Nerve Stimulators (SNS), Spinal Cord Stimulators (SCS), Peripheral Nerve Stimulators (PNS) and Vagus Nerve Stimulators (VNS). A DBS is a device that is comprised of a brain-oriented pacemaker (an implantable pulse generator) that sends electrical stimulation through surgically implanted electrodes to specific targets in the brain. GES are utilized to treat gastroparesis, a medical condition where weak muscular contractions (peristalsis) of the stomach results in food and liquid remaining in the stomach for an extended period, leading to irregular absorption of nutrients, inadequate nutrition, and poor glycemic control. An SNS is a device comprised of a subcutaneously implanted electrical pacemaker that sends low electrical stimulation through surgically implanted electrodes to target the sacral nerve. An SCS is a device that comprises a surgically implanted electrical pacemaker and electrodes that connect to the spinal cord to treat chronic pain disorders. A PNS is a device, similar to the SCS that is used to treat chronic pain disorders. A VNS is a device comprised of an electrical pacemaker that sends electrical stimulation through surgically implanted electrodes to target the vagus nerve. Lead is a set of thin wires covered with a protective coating. It carries the therapy signal to the electrodes that deliver stimulation to the target of interest.
The value of the neuromodulation devices devices market within Sweden was expected to be over $20m in 2023.
For the latest complete market share analysis of neuromodulation devices device market in Sweden, buy the report here.
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