Peripheral Nerve Stimulator Market is Projected to Reach a Valuation of US$ 1.09 Billion at a CAGR of 7.2% by 2034 | Fact.MR Report
Integration of Smartphone-based Platforms & Wireless Connectivity in Peripheral Nerve Stimulators Enabling Physicians to Remotely Fine-Tune Treatment Settings
Rockville, MD, Oct. 09, 2024 (GLOBE NEWSWIRE) — According to a recent research study published by Fact.MR, global
Peripheral Nerve Stimulator Industry News:
- SPR Therapeutics published positive results in May 2024 from a trial employing their peripheral nerve stimulation (PNS) device to help patients with chronic knee pain following knee replacement surgery.
- In February 2024, SPR Therapeutics raised US$ 85 million to boost sales of its Sprint PNS painkiller gadget.
- The US-based company Nalu Medical raised US$ 65 million in January 2024 as part of a Series E fundraising round to advance the development and commercialisation of its neurostimulation device for the treatment of chronic pain.
- The groundbreaking drug Axon Therapy (mPNS) developed by Neuralace Medical was approved by the US FDA in January 2024 to treat persistent painful diabetic neuropathy (PDN).
- A multimillion dollar agreement was reached in August 2023 between local neurotech wellness start-up Roga and GlobalSpace, India’s first telehealth service. With this US$ 35 million contract, Roga enters into its first major healthcare arrangement and takes a step towards offering white-label services internationally.
More Valuable Insights on Offer:
Fact.MR, in its new offering, presents an unbiased analysis of the peripheral nerve stimulator market, presenting historical demand data (2019 to 2023) and forecast statistics for 2024 to 2034.
The study divulges essential insights into the market based on product type (transcutaneous, implantable) and end user (hospitals, outpatient centers), across seven major regions of the world (North America, Western Europe, Eastern Europe, East Asia, Latin America, South Asia & Pacific, and MEA).
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