Global Veterinary Imaging Market Size, Share, Forecast Report, 2020-2027

The global Nerve Repair and Regeneration market garnered revenue around USD 6.1 Billion in 2020 and projected to reach USD 9.8 Billion in 2027, with at a compound annual growth rate of 9.5% throughout the estimate period from 2020 to 2027.

COVID-19 has disrupted healthcare services in most countries worldwide; the worst affected so far are the US, Russia, Spain, Italy, the UK, India, Germany, and Iran. Its impact on the nerve repair and regeneration market is expected to be concentrated on the biomaterials segment, as opposed to the neurostimulation & neuromodulation segment.

This is mainly due to possible reductions in the demand for biomaterials. They are used for peripheral nerve repair—nerve injuries from motor vehicle accidents, lacerations, penetrating trauma, stretching or crushing trauma and fractures, burns, and gunshot wounds. Vehicular accidents are the most common cause of peripheral nerve injuries—according to an article published in PubMed, vehicular motor accidents contributed, as etiological factors, 26% of the total peripheral nerve injuries. However, due to the restrictions enforced to control the spread of COVID-19, vehicular traffic has reduced greatly in intensity; as a consequence, so has the number of road accidents.

The market for neurostimulation and neuromodulation is also expected to be affected, although to a lesser extent. This is mainly due to the prioritization of COVID-19 patients; other ailments and procedures are not receiving as much attention or simply not being conducted on a large scale. Many hospitals are postponing these procedures.

This research report encompasses precise assessment of the market with the help of comprehensive qualitative insights and supportable prognoses regarding market size, consumption and production. The projections presented in the report have been derived using proven research methodologies and assumptions. It does so by means of comprehensive qualitative insights, historical statistics, and verifiable predictions about market revenue and sales.

The rapidly budding threat owed to the eruption of COVID-19 is impacting lives, communities, businesses, and industries across the globe. With businesses shuttered, flights grounded, COVID-19 is about to affect the global economy in different ways such as by directly upsetting production and demand, by generating supply chain disruption, and by its financial impact on firms and financial markets. Therefore, this report covers COVID-19 outbreak impact analysis on the Nerve Repair and Regeneration market under the research study. The market estimates offered in the report are the outcome of in-depth extensive secondary research, primary interviews and in-house professional assessments. These market evaluations have been measured by reviewing the impact of numerous social, political and economic factors coupled with recent market dynamics affecting the Nerve Repair and Regeneration market growth.

The global Nerve Repair and Regeneration market is characterized by the presence of numerous small as well as medium scale companies. These players are largely focused towards forward integration via raw material production, product manufacturing, and distribution across various industry verticals. The report recognizes numerous crucial manufacturers of the market. This research study aids to comprehend the strategies and associations that companies are converging to survive in this competitive marketplace. This report assists in understanding footprints of the manufacturers with the help of their global revenue, production, capacity and average selling price analysis for period 2016-2027.

Major manufacturers analysed under this study comprises:

Medtronic, PLC. (Ireland), Boston Scientific Corporation (US), Abbott Laboratories (US), AxoGen, Inc. (US), Baxter International, Inc. (US), LivaNova, PLC. (UK), Integra LifeSciences (US), Polyganics (Netherlands), NeuroPace, Inc. (US), Soterix Medical, Inc. (US), Nevro Corp (US), Synapse Biomedical, Inc. (US), Aleva Neurotherapeutics (Switzerland), Collagen Matrix, Inc. (US), KeriMedical (Switzerland), BioWave Corporation (US), NeuroSigma (US), tVNS Technologies GmbH(Germany), and GiMer Medical (Taiwan).

This report delivers market breakdown and its revenue, consumption, production analysis and projections by categorizing it depending on parameters such as type, application/end-user, and region. This research report delivers the analysis and prognosis of revenue, production, price, market share and growth trend for different products such as:

Product

• Neurostimulation and  Neuromodulation Devices
• Internal Neurostimulation Devices
• Spinal Cord Stimulation
• Deep Brain Stimulation
• Vagus Nerve Stimulation
• Sacral Nerve Stimulation
• Gastric Electrical Stimulation
• External Neurostimulation Devices
• TENS
• TMS
• RES
• Biomaterials
• Nerve Conduits
• Nerve Wraps

Application

• Neurostimulation and  Neuromodulation Applications
• Internal Neurostimulation and  Neuromodulation Applications
• External Neurostimulation and  Neuromodulation Applications
• Direct Nerve Repair/Neurorrhaphy
• Epineural Repair
• Perineural Repair
• Group Fascicular Repair
• Nerve Grafting
• Autografts
• Allografts
• Xenografts
• Stem Cell Therapy

Regional Analysis and Forecast

Further, this research study analyses market size, production, consumption and its advancement trends at global, regional, and country level for period 2016 to 2027 and covers following region in its scope:

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • U.K.
  • Italy
  • France
  • Rest of EU
• Asia Pacific
  • China
  • India
  • Japan
  • Southeast Asia
  • Rest of APAC
• Central & South America
  • Brazil
  • Argentina
  • Rest of Central & South America
• Middle East and Africa
  • UAE
  • Saudi Arabia
  • Rest of MEA