Nerve Repair Biomaterials Market Insight, Features, Industry Type, Forecast Figure 2018 to 2024
The Nerve Repair Biomaterials market report contains data for historic year 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
(EMAILWIRE.COM, May 08, 2018 ) Global Nerve Repair Biomaterials Market is expected to reach USD 775.59 million by 2024 from USD 326.71 million in 2016, at a CAGR of 11.5% in the forecast period 2017 to 2024.
Segmentation: Global Nerve Repair Biomaterials Market
By Product Type [Nerve Repair {Nerve Conduit, Nerve Graft (Allograft, Acellularized Allograft)}, Nerve Protection {Nerve Protectors, Nerve Wrap}], Injury Type {Epineural Nerve Repair, Perineural Nerve Repair, Group Fascicular Repair}, End User (Hospital, Clinics, Ambulatory Trauma Centers), Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa, Rest of the World)
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Drivers: Global Nerve Repair Biomaterials Market
Some of the major factors driving the market for nerve repair biomaterials marketis witnessing a rapid growth due to increasing geriatric population, high incidence of nerve injuries and neurological disorders, technological advancements, expanding target application of neuromodulation devices,favourable reimbursement policies, and increased government funding.
Increasing Geriatric Population And Incidences Of Peripheral Nerve Injuries
Rapidly increasing geriatric population and incidence of peripheral nerve injuries and neurological disorders is a major factor contributing to the growth of this market. Painful peripheral neuropathy is a common neurological disorder which is categorised by weakness, numbness, tingling and pain, and it often starts in the hands or feet. There are more than 100 types of peripheral neuropathy with specific symptoms and prognosis.
Technological Advancements Over Surgery Through Autografts
Nerve repairs have received the lowest priority since tissue viability is considered first and foremost on the surgeons mind. Vascular repair, organ integrity and bone repair care is taken immediately and nerve repairs are either not handled or are cared last. This is due to the dilemma associated with some of the peripheral nerve repair options such as autograft which leads to other morbidity. Due to these factors companies are focusing on developing new technologies.
Expanded Target Application Of Neuromodulation Devices
Application of neuromodulation to new therapeutic areas will drive growth in the market. Expansion of indications has been a historic growth driver of neuromodulation and is expected to continue to drive this market over the forecast period.
Favourable Reimbursement Policies
Favourable reimbursement policies and strengthening healthcare infrastructure in developing countries are factors that could propel growth of this market. Innovation in nerve regeneration techniques and improved therapies for the treatment of neurological disorders are expected to push nerve repair market towards significant growth.
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Major Players: Global Nerve Repair Biomaterials Market
Integra LifeSciences Corporation,
Stryker,
Collagen Matrix, Inc.,
xoGen, Inc., Checkpoint Surgical, Inc.,
Polyganics,
Synovis Micro Companies Alliance, Inc.
Nerve Repair Biomaterials Market Segmentation:
The global nerve repair biomaterials market is witnessing a rapid growth due to increasing geriatric population, high incidence of nerve injuries and neurological disorders, favorable reimbursement policies, and increased government funding. The demand for nerve repair biomaterials is increasing in hospitals followed by ambulatory trauma centres due to increasing aging population and rising number of nerve injuries and nerve surgeries.
Based on product type, the global nerve repair biomaterials market is segmented into nerve repair and nerve protection. In 2016, nerve repair dominated the market with a share of 74.5% and is expected to dominate the market in the future.
The global nerve repair biomaterials market is further segmented into nerve conduits and nerve grafts. In 2017, the nerve conduits segment is expected to account for the largest share. Nerve repair graft is further segmented into allograft and acellularized allograft. Nerve protection market is segmented into nerve protector and nerve wrap. In 2016, nerve protector market dominated the market with the largest share and is expected to dominate in the forecast period 2017-2024.
Based on the injury type, the nerve repair biomaterials market is segmented into epineural nerve repair, perineural nerve repair, and group fascicular repair.
On the basis of end user, the global nerve repair biomaterials market is categorized into hospitals, clinics, and ambulatory surgical centres. In 2017, hospitals segment is expected to dominate the market in the forecast period 2017-2024.
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Data Bridge set forth itself as an unconventional and neoteric Market research and consulting firm with an unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.
Data Bridge adepts in creating satisfied clients who reckon upon our services and rely on our hard work with certitude. For Customization or Getting Discount on Report by emailing sopan.gedam@databridgemarketresearch.com . We are content with our glorious 99.9 % client satisfying rate.
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Segmentation: Global Nerve Repair Biomaterials Market
By Product Type [Nerve Repair {Nerve Conduit, Nerve Graft (Allograft, Acellularized Allograft)}, Nerve Protection {Nerve Protectors, Nerve Wrap}], Injury Type {Epineural Nerve Repair, Perineural Nerve Repair, Group Fascicular Repair}, End User (Hospital, Clinics, Ambulatory Trauma Centers), Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa, Rest of the World)
Request for Sample Report: http://databridgemarketresearch.com/request-a-sample/?dbmr=global-nerve-repair-biomaterials-market
Drivers: Global Nerve Repair Biomaterials Market
Some of the major factors driving the market for nerve repair biomaterials marketis witnessing a rapid growth due to increasing geriatric population, high incidence of nerve injuries and neurological disorders, technological advancements, expanding target application of neuromodulation devices,favourable reimbursement policies, and increased government funding.
Increasing Geriatric Population And Incidences Of Peripheral Nerve Injuries
Rapidly increasing geriatric population and incidence of peripheral nerve injuries and neurological disorders is a major factor contributing to the growth of this market. Painful peripheral neuropathy is a common neurological disorder which is categorised by weakness, numbness, tingling and pain, and it often starts in the hands or feet. There are more than 100 types of peripheral neuropathy with specific symptoms and prognosis.
Technological Advancements Over Surgery Through Autografts
Nerve repairs have received the lowest priority since tissue viability is considered first and foremost on the surgeons mind. Vascular repair, organ integrity and bone repair care is taken immediately and nerve repairs are either not handled or are cared last. This is due to the dilemma associated with some of the peripheral nerve repair options such as autograft which leads to other morbidity. Due to these factors companies are focusing on developing new technologies.
Expanded Target Application Of Neuromodulation Devices
Application of neuromodulation to new therapeutic areas will drive growth in the market. Expansion of indications has been a historic growth driver of neuromodulation and is expected to continue to drive this market over the forecast period.
Favourable Reimbursement Policies
Favourable reimbursement policies and strengthening healthcare infrastructure in developing countries are factors that could propel growth of this market. Innovation in nerve regeneration techniques and improved therapies for the treatment of neurological disorders are expected to push nerve repair market towards significant growth.
For Request TOC or Buy Full Report, Visit: http://databridgemarketresearch.com/reports/global-nerve-repair-biomaterials-market
Major Players: Global Nerve Repair Biomaterials Market
Integra LifeSciences Corporation,
Stryker,
Collagen Matrix, Inc.,
xoGen, Inc., Checkpoint Surgical, Inc.,
Polyganics,
Synovis Micro Companies Alliance, Inc.
Nerve Repair Biomaterials Market Segmentation:
The global nerve repair biomaterials market is witnessing a rapid growth due to increasing geriatric population, high incidence of nerve injuries and neurological disorders, favorable reimbursement policies, and increased government funding. The demand for nerve repair biomaterials is increasing in hospitals followed by ambulatory trauma centres due to increasing aging population and rising number of nerve injuries and nerve surgeries.
Based on product type, the global nerve repair biomaterials market is segmented into nerve repair and nerve protection. In 2016, nerve repair dominated the market with a share of 74.5% and is expected to dominate the market in the future.
The global nerve repair biomaterials market is further segmented into nerve conduits and nerve grafts. In 2017, the nerve conduits segment is expected to account for the largest share. Nerve repair graft is further segmented into allograft and acellularized allograft. Nerve protection market is segmented into nerve protector and nerve wrap. In 2016, nerve protector market dominated the market with the largest share and is expected to dominate in the forecast period 2017-2024.
Based on the injury type, the nerve repair biomaterials market is segmented into epineural nerve repair, perineural nerve repair, and group fascicular repair.
On the basis of end user, the global nerve repair biomaterials market is categorized into hospitals, clinics, and ambulatory surgical centres. In 2017, hospitals segment is expected to dominate the market in the forecast period 2017-2024.
Want Full Report? Inquire For Buy: http://databridgemarketresearch.com/inquire-before-buying/?dbmr=global-nerve-repair-biomaterials-market
About Us
Data Bridge set forth itself as an unconventional and neoteric Market research and consulting firm with an unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.
Data Bridge adepts in creating satisfied clients who reckon upon our services and rely on our hard work with certitude. For Customization or Getting Discount on Report by emailing sopan.gedam@databridgemarketresearch.com . We are content with our glorious 99.9 % client satisfying rate.
Contact Us
Data Bridge Market Research
Toll Free: +1-888-387-2818
Mail: sopan.gedam@databridgemarketresearch.com
http://databridgemarketresearch.com
Contact Information:
Data Bridge Market Research
Data Bridge Market Resea
Tel: +1-888-387-2818
Email us
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Data Bridge Market Research
Data Bridge Market Resea
Tel: +1-888-387-2818
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results