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Neuroprosthetics Market worth 10.48 Billion USD by 2022

The neuroprosthetics market was valued at USD 5.28 Billion in 2016 and expected to grow at a CAGR of 12.4%

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Neuroprosthetics Market worth 10.48 Billion USD by 2022

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  1. MarketsandMarkets Presents Neuroprosthetics Market Insights on Scope and Growing Demands 2022 https://www.marketsandmarkets.com/Market-Reports/neuroprosthetic- market-234147399.html

  2. ➢ [118 Pages Report] The neuroprosthetics market was valued at USD 5.28 Billion in 2016 and expected to grow at a CAGR of 12.4% during the forecast period (2017–2022) to reach USD 10.48 Billion in 2022. Factors such as increasing number of neurological disorders, increasing incidence of hearing loss, increasing prevalence of diabetes, and increasing cases of amputation due to the rising number of accidents & injuries are contributing to the growth of this market. ➢ Based on output neural prosthetics, the neuroprosthetics market is subsegmented into motor disorders and cognitive disorders. In 2017, the motor disorders segment accounted for the largest share of the market. This is because of increasing incidence of Parkinson's disease and epilepsy. https://www.marketsandmarkets.com/Market-Reports/neuroprosthetic- market-234147399.html

  3. Early buyers will receive 10% customization on Reports. https://www.marketsandmarkets.com/Market-Reports/neuroprosthetic- market-234147399.html

  4. ➢ Neuroprostheses uses electrodes to interface with the central or peripheral nervous system to capabilities. These devices can receive neural signals from the external environment & brain, and convert the signals to restore functions such as loss of hearing and vision. They have applications in cognitive disorders, ophthalmic disorders, motor disorders, and auditory disorders. ➢ The neuroprosthetics market is segmented on the basis of type, technique, and application. The physiological disorders market is subsegmented into auditory processing disorders, cardiovascular disorders, and urology disorders. The auditory processing disorders segment is expected to account for the largest share of the market in 2017. The growth in this segment is primarily attributed to increasing number of people suffering from hearing loss. restore lost motor or sensory disorders, ophthalmic https://www.marketsandmarkets.com/Market-Reports/neuroprosthetic- market-234147399.html

  5. ➢ By region, the neuroprosthetics market is segmented into North America, Europe, Asia Pacific, and the Rest of the World (RoW). The market is dominated by North America, followed by Europe, however, the APAC region is expected to witness the highest growth rate during the forecast period. The presence of emerging economies like China and India; large population; increasing funding and support for the launches of new products, and increasing neurological disorders in the region are some of the key factors driving the high growth of this regional segment. ➢ Medtronic (US), Boston Scientific (US), Abbott (US), Second Sight (US), and Cochlear (Australia) are the top players in this market. These companies have a comprehensive features and presence. broad have product a strong portfolio geographical with ➢ To speak to our analyst for a discussion on the above findings, click Speak to Analyst https://www.marketsandmarkets.com/Market-Reports/neuroprosthetic- market-234147399.html

  6. About MarketsandMarkets MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. https://www.marketsandmarkets.com/Market-Reports/neuroprosthetic- market-234147399.html

  7. Contact Us Mr. Shelly Singh MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA: 1-888-600-6441 Email: sales@marketsandmarkets.com Visit MarketsandMarkets Blog @ http://www.marketsandmarketsblog.com/market- reports/healthcare Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets https://www.marketsandmarkets.com/Market-Reports/neuroprosthetic- market-234147399.html

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