Nerve Repair and Regeneration Market – Size by Type, By Distribution Channel, And Forecast till 2022-2031

Nerves are collective neurons, which help in sending messages from one body part to another part like signals. Injuries can cause damage to nerve cells and may not be able to send signals to and from the brain. Nerve damage can cause due to the pressure, stretching, or cutting of a nerve. Nerve repair and regeneration process can help to restore the nerves to the normal condition. Globally, major factors contributing to the Nerve repair and regeneration market growth include increasing number of nerve injuries, rapidly increasing old population where the nerves are very sensitive in this group as well as the rapidly growing neurological disorders. However, the lack of trained professionals and strict regulations are constraints in the market growth. The Nerve Repair and Regeneration market is predicted to reach $16.89 Billion by 2026 from $8.62 Billion in 2020, at a CAGR of ~11.8% during the forecast period.

The Nerve Repair and Regeneration market is segmented based on product, application, end-user, and geography.

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Based on Product:
• Neurostimulation and Neuromodulation Devices
o Internal Neurostimulation Devices
 Spinal Cord Stimulation
 Deep Brain Stimulation
 Vagus Nerve Stimulation
 Sacral Nerve Stimulation
 Gastric Electrical Stimulation
• External Neurostimulation Devices
o Transcutaneous Electrical Nerve Stimulation
o Transcranial Magnetic Stimulation
• Biomaterials
o Nerve Conduits
o Nerve Protectors
o Nerve Wraps
o Nerve Connectors

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Based on Application:
• Neurostimulation and Neuromodulation Surgeries
o Internal Neurostimulation and Neuromodulation Surgeries
o External Neurostimulation and Neuromodulation Surgeries
• Direct Nerve Repair/Neurorrhaphy
o Epineural Repair
o Perineural Repair
o Group Fascicular Repair
• Nerve Grafting
o Autografts
o Allografts
o Xenografts
• Stem Cell Therapy
Based on End User:
• Hospitals & Clinics
• Ambulatory Surgery Centres
Based on Geography:
• North America
• Europe
• Asia Pacific
• Rest of the World

Based on product segment neurostimulation and neuromodulation devices segment accounted the largest share in the nerve repair and regeneration market due to the increasing occurrences of peripheral nerve injuries, advance technology in the nerve repair and regeneration, and the benefits of reimbursement policies are the factors enhancing the market growth.

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