The value of the global sacral nerve stimulation market was USD 1361.53 Million in 2023, driven by the by increasing prevalence of urinary and faecal incontinence across the globe across the globe. The market is expected to grow at a CAGR of 12.50% during the forecast period of 2024-2032 to reach value of USD 3930.07 Million by 2032.
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Sacral nerve stimulation is implanted as a device for controlling bladder functions by providing sacral nerves along with regulated electrical impulses that modulate the neural pathways. It is an efficient and secure therapy for patients with faecal and urinary dysfunction.
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Market Breakup by Region
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The global sacral nerve stimulation industry is being driven by increasing incidence of urge incontinence, and availability of medical reimbursements. Implantable SNS devices segment is leading the market as a result of increasing incidents of urinary incontinence, pelvic pain, and fecal incontinence, and growing number of patients suffering from UTI and urge continence. External SNS devices is expected to grow at the fastest rate owing to increased incidence of OAB and fecal incontinence. North America is leading the market due to growing awareness regarding treatment, increasing cases of OAB and urge incontinences, improvement in healthcare facilities, technological advancements in medicinal sector such as implantable SNS devices, and expanding compensations for innovations. Asia Pacific is the emerging market owing to increased cases of fecal incontinence and urinary incontinence, growing awareness programs, and presence of a large key players in economies, such as China and Japan.
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The report presents a detailed analysis of the following key players in the global sacral nerve stimulation market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s five forces.
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2017-2023 |
| Forecast Period | 2024-2032 |
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The global sacral nerve stimulation market reached a value of USD 1361.53 Million in 2023.
The market is projected to grow at a CAGR of nearly 12.50% in the forecast period of 2024-2032.
The major drivers of the industry include rising disposable incomes, increasing population, the rising availability of medical reimbursements, rising incidents of urinary incontinence, pelvic pain, and faecal incontinence, and the rising number of patients suffering from UTI.
The rising improvement in healthcare facilities, technological advancements in medicinal sector such as implantable SNS devices, and expanding compensations for innovations are expected to be the key trends guiding the growth of the industry.
North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa are the leading regions in the market, with North America accounting for the largest market share.
The leading products in the market are implantable SNS devices and external SNS devices.
The major types of sacral nerve stimulation in the industry are electrical muscle stimulation and transcutaneous electrical nerve stimulation.
The major application segments in the industry are urinary and faecal incontinence, urge incontinence, and chronic anal fissure, among others.
The leading players in the market are Medtronic Plc, Abbott Laboratories, Axonics, Inc., Others.
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Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City,1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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