Middle East Internal Neuromodulation Market is Estimated to grow the fastest in Saudi Arabia at a CAGR of 17.9% from 2014 to 2019

The internal neuromodulation market is estimated to grow the fastest in Saudi Arabia at a CAGR of 17.9%, followed by Turkey, while the largest market is South Africa, which is expected to grow at a CAGR of 13.1% for the forecast period.

Browse through the TOC of Middle East Internal Neuromodulation Market for an analysis of industry trends, segments & forecasts.

Internal neurostimulation/neuromodulation is a minimally non-invasive technique and effective technique in comparison with other treatment options such as thalamotomy and pallidotomy. Thalamotomy is a surgical procedure that treats tremors primarily associated with Parkinson’s; however, Parkinson’s can now be effectively treated through deep brain stimulation (DBS). Newer applications/indications, such as Alzheimer’s, epilepsy, and depression are currently under clinical trials for DBS treatment. Similarly, heart failure, sleep apnea, obesity, and tinnitus are treated through Vagus nerve stimulation (VNS) and fecal incontinence by sacral nerve stimulation (SNS).

The growing prevalence of neurological disorders in particular countries will drive the market. A survey conducted on 45,682 children in Saudi Arabia indicated a prevalence of chronic neurological disorders in 68.5 children per 10,000. Mental retardation and cerebral palsy were the most common neurologic disorders among Saudi children with a prevalence rate of 26.3 per 10,000 and 23.4 per 10,000 children respectively, in 2013.

Additionally, increasing funding and grants for the growth of the neuromodulation sector encourages the growth of this market in Saudi Arabia, Turkey, and South Africa.

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This market is segmented and forecasted on the basis of modalities and their applications in Saudi Arabia, South Africa, and Turkey. On the basis of modality, internal neuromodulation is segmented into spinal cord stimulation, deep brain stimulation, vagus nerve stimulation, sacral nerve stimulation, and gastric electric stimulation. Geographically, the report focusses on three countries-Saudi Arabia, South Africa, and Turkey.

The market is also segmented and analyzed further on the basis of applications for diseases such as Ischemic heart disease, Chronic Pain, Spinal Cord Injury, Parkinson’s disease, and depression among various others according to the modalities.

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This report also includes the market share, value chain analyses, and market metrics such as drivers, restraints, and upcoming opportunities in the market. In addition, it presents a competitive landscape and company profiles of key players in the market that includes major companies that manufacture neuromodulation procedural products.

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