The Asia-Pacific neural implants market is estimated to witness a strong CAGR of 9.2% during the forecast period. Although the penetration of neural implants in the region is much lower than that of developed economies, Asia-Pacific poses an immense growth potential for the adoption and usage of these products during the forecast period. Emerging countries such as China and India are witnessing phenomenal growth in their GDPs. Thus, with an increase in GDP, there is a growth in the per capita disposable income of the population in these countries. For instance, as per the government stats, the per capita income of India increased from $1,963.55 in 2017 to $2,041.09 in 2019. According to the WHO, the increase in healthcare expenditure has contributed to improvements in healthcare infrastructure in the Asia-Pacific region. In addition, healthcare providers are committed to providing advanced care to patients, which will further contribute to the higher demand for neural implants.
To learn more about this report request a sample copy @ https://www.omrglobal.com/request-sample/asia-pacific-neural-implants-market
In addition, epilepsy affects around 1% of the population of the South-East Asia region of WHO, which is approximately 15 million people with epilepsy in the region. In addition, the prevalence of chronic pain in Asian adults ranges between 7% in Malaysia to 90% in China's elderly population. Further, the age-standardized prevalence of depression in South Asia was around 3.9% in 2016. Thus, owing to such a higher disease burden, Asia-Pacific serves as an attractive market destination for many global and local vendors.
Asia-Pacific Neural Implants Market Report Segment
By Product
- Deep Brain Stimulation (DCS)
- Spinal Cord Stimulation (SCS)
- Vagus Nerve Stimulation (VNS)
By Application
- Chronic Pain
- Epilepsy
- Parkinson's Disease (PD)
- Others (Depression and Other Movement Disorders)
By End-user
- Hospitals
- Outpatient Surgery Centers
- Specialized Neurological Centers (SNCs)
A full report of Asia-Pacific Neural Implants Market is available at: https://www.omrglobal.com/industry-reports/asia-pacific-neural-implants-market
Asia-Pacific Neural Implants Market– Segment by Region
Asia-Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
Company Profiles
- Abbott
- Beijing PINS Medical Co., Ltd.
- Boston Scientific Corporation
- Medtronic
- Renishaw plc
- Saluda Medical Pty Ltd.
- SceneRay Co., Ltd.
- Synchron, Inc.
Reasons to Buying From us –
- We cover more than 15 major industries, further segmented into more than 90 sectors.
- More than 120 countries are for analysis.
- Over 100+ paid data sources mined for investigation.
- Our expert research analysts answer all your questions before and after purchasing your report.
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offers Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
Media Contact:
Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
Company Name: Orion Market Research
Visit more report at
https://www.linkedin.com/pulse/scaffold-technology-market-size-trends-latest-arti-vishwakarma-mlsof/