Market Overview:
The global nerve repair and regeneration market exhibited strong growth during 2015-2020. Looking forward, IMARC Group expects the market to grow at a CAGR of around 12% during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.
Nerve repair and regeneration (NRaR) refers to a neural tissue engineering process used for the treatment of a nerve injury. It facilitates the regrowth of new neurons, glial cells, myelin, axons and synapses. It also aids in restoring the normal functioning of the nerve after nerve damage, which is usually caused by pressure, blunt trauma, stretching or cutting of a nerve. NRaR involves the use of biomaterials and various neuro-stimulation and neuromodulation devices. Biomaterials include nerve conduits, nerve protectors, nerve wraps, and nerve connectors. They are used for direct neuropathy, nerve grafting, stem cell therapy and transcutaneous, transcranial magnetic, spinal cord, deep brain, sacral nerve and vagus nerve stimulation.
Nerve Repair and Regeneration Market Trends:
The increasing prevalence of chronic neurological disorders, such as Alzheimer's, Parkinson's disease, amyotrophic lateral sclerosis, multiple sclerosis and multiple system atrophy, is among the key factors driving the market growth. Moreover, the rising geriatric population, which is more susceptible to such ailments, and escalating instances of nerve injuries are providing a thrust to the growth of the market. Hospitals, ambulatory surgical centers (ASCs) and other healthcare institutes across the globe are providing novel NRaR solutions for timely diagnosis and treatment of neurological disorders. Additionally, various technological advancements in stem cell therapy and the development of innovative neuromodulation devices, are acting as other growth-inducing factors. Endogenous stem cells are being widely used in neurogenesis, neural repair and exogenous neural stem cell transplantation for effective repair and replacement of damaged tissues in the central nervous system. Other factors, including rising healthcare expenditures of the masses, along with the significant improvements in the medical infrastructure, especially in the developing economies, are anticipated to drive the market toward growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global nerve repair and regeneration market report, along with forecasts for growth at the global, regional and country level from 2021-2026. Our report has categorized the market based on surgery, product and end user.
Breakup by Surgery:
- Direct Nerve Repair/Neurorrhaphy
- Nerve Grafting
- Stem Cell Therapy
- Neurostimulation and Neuromodulation Surgeries
Breakup by Product:
- Biomaterial
- Neurostimulation and Neuromodulation Devices
- Spinal Cord Stimulation Devices
- Deep Brain Stimulation Devices
- Sacral Nerve Stimulation Devices
- Vagus Nerve Stimulation Devices
- Gastric Electric Stimulation Devices
Breakup by End User:
- Hospitals and Clinics
- Ambulatory Surgical Centers
Breakup by Region:
- North America
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Abbott Laboratories, Alafair Biosciences Inc., AxoGen Inc., Baxter International Inc., Boston Scientific Corporation, Collagen Matrix Inc., Integra Lifesciences Corporation, Medtronic plc, Polyganics BV, Soterix Medical Inc., Stryker Corporation and Synapse Biomedical Inc.
Report Coverages:
| Report Features |
Details |
|---|
| Base Year of the Analysis |
2020 |
| Historical Period |
2015-2020 |
| Forecast Period |
2021-2026 |
| Units |
US$ Billion |
| Segment Coverage |
Surgery, Product, End User, Region |
| Region Covered |
Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
| Countries Covered |
United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
| Companies Covered |
Abbott Laboratories, Alafair Biosciences Inc., AxoGen Inc., Baxter International Inc., Boston Scientific Corporation, Collagen Matrix Inc., Integra Lifesciences Corporation, Medtronic plc, Polyganics BV, Soterix Medical Inc., Stryker Corporation and Synapse Biomedical Inc. |
| Customization Scope |
10% Free Customization |
| Report Price and Purchase Option |
Single User License: US$ 2299
Five User License: US$ 3399
Corporate License: US$ 4499 |
| Post-Sale Analyst Support |
10-12 Weeks |
| Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
- How has the global nerve repair and regeneration market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global nerve repair and regeneration market?
- What are the key regional markets?
- What is the breakup of the market based on the surgery?
- What is the breakup of the market based on the product?
- What is the breakup of the market based on the end user?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global nerve repair and regeneration market and who are the key players?
- What is the degree of competition in the industry?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Nerve Repair and Regeneration Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Surgery
6.1 Direct Nerve Repair/Neurorrhaphy
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Nerve Grafting
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Stem Cell Therapy
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Neurostimulation and Neuromodulation Surgeries
6.4.1 Market Trends
6.4.2 Market Forecast
7 Market Breakup by Product
7.1 Biomaterial
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Neurostimulation and Neuromodulation Devices
7.2.1 Market Trends
7.2.2 Key Segments
7.2.2.1 Spinal Cord Stimulation Devices
7.2.2.2 Deep Brain Stimulation Devices
7.2.2.3 Sacral Nerve Stimulation Devices
7.2.2.4 Vagus Nerve Stimulation Devices
7.2.2.5 Gastric Electric Stimulation Devices
7.2.3 Market Forecast
8 Market Breakup by End User
8.1 Hospitals and Clinics
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Ambulatory Surgical Centers
8.2.1 Market Trends
8.2.2 Market Forecast
9 Market Breakup by Region
9.1 North America
9.1.1 United States
9.1.1.1 Market Trends
9.1.1.2 Market Forecast
9.1.2 Canada
9.1.2.1 Market Trends
9.1.2.2 Market Forecast
9.2 Asia-Pacific
9.2.1 China
9.2.1.1 Market Trends
9.2.1.2 Market Forecast
9.2.2 Japan
9.2.2.1 Market Trends
9.2.2.2 Market Forecast
9.2.3 India
9.2.3.1 Market Trends
9.2.3.2 Market Forecast
9.2.4 South Korea
9.2.4.1 Market Trends
9.2.4.2 Market Forecast
9.2.5 Australia
9.2.5.1 Market Trends
9.2.5.2 Market Forecast
9.2.6 Indonesia
9.2.6.1 Market Trends
9.2.6.2 Market Forecast
9.2.7 Others
9.2.7.1 Market Trends
9.2.7.2 Market Forecast
9.3 Europe
9.3.1 Germany
9.3.1.1 Market Trends
9.3.1.2 Market Forecast
9.3.2 France
9.3.2.1 Market Trends
9.3.2.2 Market Forecast
9.3.3 United Kingdom
9.3.3.1 Market Trends
9.3.3.2 Market Forecast
9.3.4 Italy
9.3.4.1 Market Trends
9.3.4.2 Market Forecast
9.3.5 Spain
9.3.5.1 Market Trends
9.3.5.2 Market Forecast
9.3.6 Russia
9.3.6.1 Market Trends
9.3.6.2 Market Forecast
9.3.7 Others
9.3.7.1 Market Trends
9.3.7.2 Market Forecast
9.4 Latin America
9.4.1 Brazil
9.4.1.1 Market Trends
9.4.1.2 Market Forecast
9.4.2 Mexico
9.4.2.1 Market Trends
9.4.2.2 Market Forecast
9.4.3 Others
9.4.3.1 Market Trends
9.4.3.2 Market Forecast
9.5 Middle East and Africa
9.5.1 Market Trends
9.5.2 Market Breakup by Country
9.5.3 Market Forecast
10 SWOT Analysis
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 Abbott Laboratories
14.3.1.1 Company Overview
14.3.1.2 Product Portfolio
14.3.1.3 Financials
14.3.1.4 SWOT Analysis
14.3.2 Alafair Biosciences Inc.
14.3.2.1 Company Overview
14.3.2.2 Product Portfolio
14.3.3 AxoGen Inc.
14.3.3.1 Company Overview
14.3.3.2 Product Portfolio
14.3.3.3 Financials
14.3.4 Baxter International Inc.
14.3.4.1 Company Overview
14.3.4.2 Product Portfolio
14.3.4.3 Financials
14.3.4.4 SWOT Analysis
14.3.5 Boston Scientific Corporation
14.3.5.1 Company Overview
14.3.5.2 Product Portfolio
14.3.5.3 Financials
14.3.5.4 SWOT Analysis
14.3.6 Collagen Matrix Inc.
14.3.6.1 Company Overview
14.3.6.2 Product Portfolio
14.3.7 Integra Lifesciences Corporation
14.3.7.1 Company Overview
14.3.7.2 Product Portfolio
14.3.7.3 Financials
14.3.7.4 SWOT Analysis
14.3.8 Medtronic plc
14.3.8.1 Company Overview
14.3.8.2 Product Portfolio
14.3.8.3 Financials
14.3.8.4 SWOT Analysis
14.3.9 Polyganics BV
14.3.9.1 Company Overview
14.3.9.2 Product Portfolio
14.3.10 Soterix Medical Inc.
14.3.10.1 Company Overview
14.3.10.2 Product Portfolio
14.3.11 Stryker Corporation
14.3.11.1 Company Overview
14.3.11.2 Product Portfolio
14.3.11.3 Financials
14.3.11.4 SWOT Analysis
14.3.12 Synapse Biomedical Inc.
14.3.12.1 Company Overview
14.3.12.2 Product Portfolio
List of Figures
Figure 1: Global: Nerve Repair and Regeneration Market: Major Drivers and Challenges
Figure 2: Global: Nerve Repair and Regeneration Market: Sales Value (in Billion US$), 2015-2020
Figure 3: Global: Nerve Repair and Regeneration Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 4: Global: Nerve Repair and Regeneration Market: Breakup by Surgery (in %), 2020
Figure 5: Global: Nerve Repair and Regeneration Market: Breakup by Product (in %), 2020
Figure 6: Global: Nerve Repair and Regeneration Market: Breakup by End User (in %), 2020
Figure 7: Global: Nerve Repair and Regeneration Market: Breakup by Region (in %), 2020
Figure 8: Global: Nerve Repair and Regeneration (Direct Nerve Repair/Neurorrhaphy) Market: Sales Value (in Million US$), 2015 & 2020
Figure 9: Global: Nerve Repair and Regeneration (Direct Nerve Repair/Neurorrhaphy) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 10: Global: Nerve Repair and Regeneration (Nerve Grafting) Market: Sales Value (in Million US$), 2015 & 2020
Figure 11: Global: Nerve Repair and Regeneration (Nerve Grafting) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 12: Global: Nerve Repair and Regeneration (Stem Cell Therapy) Market: Sales Value (in Million US$), 2015 & 2020
Figure 13: Global: Nerve Repair and Regeneration (Stem Cell Therapy) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 14: Global: Nerve Repair and Regeneration (Neurostimulation and Neuromodulation Surgeries) Market: Sales Value (in Million US$), 2015 & 2020
Figure 15: Global: Nerve Repair and Regeneration (Neurostimulation and Neuromodulation Surgeries) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 16: Global: Nerve Repair and Regeneration (Biomaterial) Market: Sales Value (in Million US$), 2015 & 2020
Figure 17: Global: Nerve Repair and Regeneration (Biomaterial) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 18: Global: Nerve Repair and Regeneration (Neurostimulation and Neuromodulation Devices) Market: Sales Value (in Million US$), 2015 & 2020
Figure 19: Global: Nerve Repair and Regeneration (Neurostimulation and Neuromodulation Devices) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 20: Global: Nerve Repair and Regeneration (Hospitals and Clinics) Market: Sales Value (in Million US$), 2015 & 2020
Figure 21: Global: Nerve Repair and Regeneration (Hospitals and Clinics) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 22: Global: Nerve Repair and Regeneration (Ambulatory Surgical Centers) Market: Sales Value (in Million US$), 2015 & 2020
Figure 23: Global: Nerve Repair and Regeneration (Ambulatory Surgical Centers) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 24: North America: Nerve Repair and Regeneration Market: Sales Value (in Million US$), 2015 & 2020
Figure 25: North America: Nerve Repair and Regeneration Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 26: United States: Nerve Repair and Regeneration Market: Sales Value (in Million US$), 2015 & 2020
Figure 27: United States: Nerve Repair and Regeneration Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 28: Canada: Nerve Repair and Regeneration Market: Sales Value (in Million US$), 2015 & 2020
Figure 29: Canada: Nerve Repair and Regeneration Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 30: Asia-Pacific: Nerve Repair and Regeneration Market: Sales Value (in Million US$), 2015 & 2020
Figure 31: Asia-Pacific: Nerve Repair and Regeneration Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 32: China: Nerve Repair and Regeneration Market: Sales Value (in Million US$), 2015 & 2020
Figure 33: China: Nerve Repair and Regeneration Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 34: Japan: Nerve Repair and Regeneration Market: Sales Value (in Million US$), 2015 & 2020
Figure 35: Japan: Nerve Repair and Regeneration Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 36: India: Nerve Repair and Regeneration Market: Sales Value (in Million US$), 2015 & 2020
Figure 37: India: Nerve Repair and Regeneration Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 38: South Korea: Nerve Repair and Regeneration Market: Sales Value (in Million US$), 2015 & 2020
Figure 39: South Korea: Nerve Repair and Regeneration Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 40: Australia: Nerve Repair and Regeneration Market: Sales Value (in Million US$), 2015 & 2020
Figure 41: Australia: Nerve Repair and Regeneration Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 42: Indonesia: Nerve Repair and Regeneration Market: Sales Value (in Million US$), 2015 & 2020
Figure 43: Indonesia: Nerve Repair and Regeneration Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 44: Others: Nerve Repair and Regeneration Market: Sales Value (in Million US$), 2015 & 2020
Figure 45: Others: Nerve Repair and Regeneration Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 46: Europe: Nerve Repair and Regeneration Market: Sales Value (in Million US$), 2015 & 2020
Figure 47: Europe: Nerve Repair and Regeneration Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 48: Germany: Nerve Repair and Regeneration Market: Sales Value (in Million US$), 2015 & 2020
Figure 49: Germany: Nerve Repair and Regeneration Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 50: France: Nerve Repair and Regeneration Market: Sales Value (in Million US$), 2015 & 2020
Figure 51: France: Nerve Repair and Regeneration Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 52: United Kingdom: Nerve Repair and Regeneration Market: Sales Value (in Million US$), 2015 & 2020
Figure 53: United Kingdom: Nerve Repair and Regeneration Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 54: Italy: Nerve Repair and Regeneration Market: Sales Value (in Million US$), 2015 & 2020
Figure 55: Italy: Nerve Repair and Regeneration Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 56: Spain: Nerve Repair and Regeneration Market: Sales Value (in Million US$), 2015 & 2020
Figure 57: Spain: Nerve Repair and Regeneration Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 58: Russia: Nerve Repair and Regeneration Market: Sales Value (in Million US$), 2015 & 2020
Figure 59: Russia: Nerve Repair and Regeneration Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 60: Others: Nerve Repair and Regeneration Market: Sales Value (in Million US$), 2015 & 2020
Figure 61: Others: Nerve Repair and Regeneration Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 62: Latin America: Nerve Repair and Regeneration Market: Sales Value (in Million US$), 2015 & 2020
Figure 63: Latin America: Nerve Repair and Regeneration Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 64: Brazil: Nerve Repair and Regeneration Market: Sales Value (in Million US$), 2015 & 2020
Figure 65: Brazil: Nerve Repair and Regeneration Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 66: Mexico: Nerve Repair and Regeneration Market: Sales Value (in Million US$), 2015 & 2020
Figure 67: Mexico: Nerve Repair and Regeneration Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 68: Others: Nerve Repair and Regeneration Market: Sales Value (in Million US$), 2015 & 2020
Figure 69: Others: Nerve Repair and Regeneration Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 70: Middle East and Africa: Nerve Repair and Regeneration Market: Sales Value (in Million US$), 2015 & 2020
Figure 71: Middle East and Africa: Nerve Repair and Regeneration Market: Breakup by Country (in %), 2020
Figure 72: Middle East and Africa: Nerve Repair and Regeneration Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 73: Global: Nerve Repair and Regeneration Industry: SWOT Analysis
Figure 74: Global: Nerve Repair and Regeneration Industry: Value Chain Analysis
Figure 75: Global: Nerve Repair and Regeneration Industry: Porter's Five Forces Analysis
List of Tables
Table 1: Global: Nerve Repair and Regeneration Market: Key Industry Highlights, 2020 and 2026
Table 2: Global: Nerve Repair and Regeneration Market Forecast: Breakup by Surgery (in Million US$), 2021-2026
Table 3: Global: Nerve Repair and Regeneration Market Forecast: Breakup by Product (in Million US$), 2021-2026
Table 4: Global: Nerve Repair and Regeneration Market Forecast: Breakup by End User (in Million US$), 2021-2026
Table 5: Global: Nerve Repair and Regeneration Market Forecast: Breakup by Region (in Million US$), 2021-2026
Table 6: Global: Nerve Repair and Regeneration Market: Competitive Structure
Table 7: Global: Nerve Repair and Regeneration Market: Key Players