Global Peripheral Nerve Stimulator Device Market Growth 2025-2031
Description
The global Peripheral Nerve Stimulator Device market size is predicted to grow from US$ 453 million in 2025 to US$ 670 million in 2031; it is expected to grow at a CAGR of 6.7% from 2025 to 2031.
The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.
Peripheral Nerve Stimulator Device is an electronic medical device that stimulates the peripheral neural network or nerve plexus through electric current of specific frequency and pattern, activates nerve endings to release neurotransmitters, interferes with the transmission of pain signals, or locates nerves by inducing motor responses of nerve-inhibited muscle groups, thereby achieving the effects of analgesia, promoting blood circulation and muscle function recovery; its device forms include implantable (including small subcutaneous implants, batteries, signal generators, microprocessors and other components) and non-implantable, and are commonly used to treat postoperative pain, postoperative adhesion pain, cancer pain, sciatica, low back pain, leg pain and other chronic pain, as well as sensory abnormalities caused by peripheral nerve damage, autonomic dysfunction and other symptoms.
Peripheral Nerve Stimulator Device Industry Development Trend
Application Scenario Expansion
Chronic Pain Management: Provide long-term, non-invasive treatment options for chronic neuropathic pain, postoperative pain and other scenarios. For example, reduce drug dependence and reduce the risk of side effects through non-invasive stimulation.
Neurorehabilitation and psychiatric disease treatment: Expand to complex cases such as refractory epilepsy and depression, and improve symptoms by regulating neural activity. For example, vagus nerve stimulation (VNS) has become an effective treatment for drug-resistant epilepsy.
Driving Factors for the Development of Peripheral Nerve Stimulator Device
Aging Population and High Incidence of Chronic Diseases: The number of chronic pain patients continues to increase worldwide, especially among the elderly. For example, there are more than 300 million chronic pain patients in China, and the number is growing at a rate of 10 million to 20 million per year, which has driven the demand for pain management equipment.
Consumption Upgrading and Health Awareness Enhancement: Residents' health awareness has increased, and the demand for non-invasive and personalized pain management solutions has increased. For example, patients are more inclined to choose non-invasive, low-burden treatment methods to reduce their dependence on drugs.
Factors hindering the development of the Peripheral Nerve Stimulator Device industry
Medical-grade certification and compliance
Peripheral Nerve Stimulator Devices must pass strict medical certification, and the certification process is complex and costly. For example, the device must meet multiple requirements such as safety and effectiveness. The application of the device must comply with medical ethics and regulations, such as how to ensure the safety of stimulation parameters and avoid overtreatment.
LP Information, Inc. (LPI) ' newest research report, the “Peripheral Nerve Stimulator Device Industry Forecast” looks at past sales and reviews total world Peripheral Nerve Stimulator Device sales in 2024, providing a comprehensive analysis by region and market sector of projected Peripheral Nerve Stimulator Device sales for 2025 through 2031. With Peripheral Nerve Stimulator Device sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Peripheral Nerve Stimulator Device industry.
This Insight Report provides a comprehensive analysis of the global Peripheral Nerve Stimulator Device landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Peripheral Nerve Stimulator Device portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Peripheral Nerve Stimulator Device market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Peripheral Nerve Stimulator Device and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Peripheral Nerve Stimulator Device.
This report presents a comprehensive overview, market shares, and growth opportunities of Peripheral Nerve Stimulator Device market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Transcutaneous
Implantable
Others
Segmentation by Application:
Hospitals and Clinics
Research Institutions
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
B. Braun
Avanos
electroCore
vygon
Medline Industries
Boston Scientific
Medtronic
Cogentix Medical
Aleva Neurotherapeutics
Abbott
Nalu Medical
SPR Therapeutics
Neuspera Medical
Curonix
Digitimer Ltd
Key Questions Addressed in this Report
What is the 10-year outlook for the global Peripheral Nerve Stimulator Device market?
What factors are driving Peripheral Nerve Stimulator Device market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Peripheral Nerve Stimulator Device market opportunities vary by end market size?
How does Peripheral Nerve Stimulator Device break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.
Peripheral Nerve Stimulator Device is an electronic medical device that stimulates the peripheral neural network or nerve plexus through electric current of specific frequency and pattern, activates nerve endings to release neurotransmitters, interferes with the transmission of pain signals, or locates nerves by inducing motor responses of nerve-inhibited muscle groups, thereby achieving the effects of analgesia, promoting blood circulation and muscle function recovery; its device forms include implantable (including small subcutaneous implants, batteries, signal generators, microprocessors and other components) and non-implantable, and are commonly used to treat postoperative pain, postoperative adhesion pain, cancer pain, sciatica, low back pain, leg pain and other chronic pain, as well as sensory abnormalities caused by peripheral nerve damage, autonomic dysfunction and other symptoms.
Peripheral Nerve Stimulator Device Industry Development Trend
Application Scenario Expansion
Chronic Pain Management: Provide long-term, non-invasive treatment options for chronic neuropathic pain, postoperative pain and other scenarios. For example, reduce drug dependence and reduce the risk of side effects through non-invasive stimulation.
Neurorehabilitation and psychiatric disease treatment: Expand to complex cases such as refractory epilepsy and depression, and improve symptoms by regulating neural activity. For example, vagus nerve stimulation (VNS) has become an effective treatment for drug-resistant epilepsy.
Driving Factors for the Development of Peripheral Nerve Stimulator Device
Aging Population and High Incidence of Chronic Diseases: The number of chronic pain patients continues to increase worldwide, especially among the elderly. For example, there are more than 300 million chronic pain patients in China, and the number is growing at a rate of 10 million to 20 million per year, which has driven the demand for pain management equipment.
Consumption Upgrading and Health Awareness Enhancement: Residents' health awareness has increased, and the demand for non-invasive and personalized pain management solutions has increased. For example, patients are more inclined to choose non-invasive, low-burden treatment methods to reduce their dependence on drugs.
Factors hindering the development of the Peripheral Nerve Stimulator Device industry
Medical-grade certification and compliance
Peripheral Nerve Stimulator Devices must pass strict medical certification, and the certification process is complex and costly. For example, the device must meet multiple requirements such as safety and effectiveness. The application of the device must comply with medical ethics and regulations, such as how to ensure the safety of stimulation parameters and avoid overtreatment.
LP Information, Inc. (LPI) ' newest research report, the “Peripheral Nerve Stimulator Device Industry Forecast” looks at past sales and reviews total world Peripheral Nerve Stimulator Device sales in 2024, providing a comprehensive analysis by region and market sector of projected Peripheral Nerve Stimulator Device sales for 2025 through 2031. With Peripheral Nerve Stimulator Device sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Peripheral Nerve Stimulator Device industry.
This Insight Report provides a comprehensive analysis of the global Peripheral Nerve Stimulator Device landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Peripheral Nerve Stimulator Device portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Peripheral Nerve Stimulator Device market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Peripheral Nerve Stimulator Device and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Peripheral Nerve Stimulator Device.
This report presents a comprehensive overview, market shares, and growth opportunities of Peripheral Nerve Stimulator Device market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Transcutaneous
Implantable
Others
Segmentation by Application:
Hospitals and Clinics
Research Institutions
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
B. Braun
Avanos
electroCore
vygon
Medline Industries
Boston Scientific
Medtronic
Cogentix Medical
Aleva Neurotherapeutics
Abbott
Nalu Medical
SPR Therapeutics
Neuspera Medical
Curonix
Digitimer Ltd
Key Questions Addressed in this Report
What is the 10-year outlook for the global Peripheral Nerve Stimulator Device market?
What factors are driving Peripheral Nerve Stimulator Device market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Peripheral Nerve Stimulator Device market opportunities vary by end market size?
How does Peripheral Nerve Stimulator Device break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
Table of Contents
119 Pages
- *This is a tentative TOC and the final deliverable is subject to change.*
- 1 Scope of the Report
- 2 Executive Summary
- 3 Global by Company
- 4 World Historic Review for Peripheral Nerve Stimulator Device by Geographic Region
- 5 Americas
- 6 APAC
- 7 Europe
- 8 Middle East & Africa
- 9 Market Drivers, Challenges and Trends
- 10 Manufacturing Cost Structure Analysis
- 11 Marketing, Distributors and Customer
- 12 World Forecast Review for Peripheral Nerve Stimulator Device by Geographic Region
- 13 Key Players Analysis
- 14 Research Findings and Conclusion
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