Global Neurostimulation Devices Market – Regional Insights
Europe is the second largest market followed by the North America in the global neurostimulation devices market owing to product launches by key players. For instance, in January 2017, Abbott launched the Proclaim DRG neurostimulation System in Europe. The product is designed to deliver dorsal root ganglion (DRG) stimulation to patients suffering from chronic neuropathic pain.
Asia Pacific is expected to witness significant growth over the forecast period owing to the rising prevalence of neurological disorders. According to the Alzheimer's disease International, in 2015, 23 million individuals in Asia Pacific had dementia, and the number is expected to increase to 71 million by 2050.
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