Peripheral Nerve Repair Devices Market By Device Type (Nerve Grafts, Nerve Protectors, Nerve Conduit, (Nerve Guides, Nerve Connectors and NeuroTube Device), Other Peripheral Nerve Repair Devices (Fibrin Glue, Suture)) - Growth, Future Prospects and Competitive Analysis, 2017 - 2025

Peripheral nerve injury is one of the common condition arising from trauma, accidents, or neuronal disease needing surgical treatment interventions depending upon the severity of the condition. Primarily peripheral nerve gets repaired on its own, however surgical interventions are employed for improved outcomes and faster functional recovery. According to the statistics mentioned by the leading player of nerve repair market AxoGen, Inc., in the year 2014, around 1.4 million Americans experienced nerve injury and 0.9 million people required surgical intervention. Such a high prevalence indicates the necessity of surgical procedure which drives the market of peripheral nerve repair devices.  The goal of nerve repair devices is to prevent neuroma formation, lowering neuropathic pain, restoration of muscle function and sensation.

Nerve repair techniques involved both traditional procedures and technologically advanced methods using nerve grafts or nerve conduits. Nerve grafting especially autografts are the gold standards in treating larger gaps mostly using sural nerve, however the disadvantages associated with the autografts like limited length of grafts and complications at donor site encouraged the acceptance of alternative approaches. With the introduction of advanced and innovative devices, the market of autografts or the traditional procedures is declining. The development of nerve conduits utilizing biological material led to improved clinical results than using synthetic constituents. On the basis of device, the global nerve repair devices market has been segmented as nerve grafts, nerve protectors and nerve conduits where nerve graft is expected to generate major revenue of global nerve repair devices market. This report encompasses the cross-sectional details of each segment and sub-segment considering 2016 as the base year and projected to 2025 with corresponding CAGR calculated from 2017-2025.

Global sales of peripheral nerve repair devices are greatly influenced by high prevalence of peripheral nerve injury and peripheral neuronal disorder. The World Health Organization shared that injury causes death of more than five million people globally and such high prevalence led to the increasing usage of nerve repair devices and drive the global market to grow. Globally rising geriatric population acts as one of the major drivers of nerve repair device market as elderly population is associated with nerve injury or damage.

This research report on global peripheral nerve repair devices market provides in depth market analysis considering 2016 as base year along with CAGR of 2017-2025. The market dynamics study has been presented in this report including market drivers, restrains, opportunity and future market scope. The current market scenario and projected future market trend have been mentioned in details to allow industry experts to take business decision. Competitive landscape analysis of major players of peripheral nerve repair market with major partnership, collaboration, mergers and acquisition activities, have been explained in this study to develop accurate business strategies.

The peripheral nerve repair devices market is segmented into five main regions which further are sub-segmented as follows:

  • North America
    • The United States
    • Canada
  • Europe
    • The United Kingdom
    • Germany
    • Rest of Europe
  • Asia Pacific
    • Japan
    • India
    • China
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East and Africa
    • Gulf Cooperation Council (GCC)
    • Rest of Middle East and Africa

The major players of peripheral nerve repair devices market are Axogen Inc., Synovis Micro Companies Alliance, Inc., Stryker, Medovent GmbH, Integra LifeSciences Corporation, Polyganics, Toyobo Co., Ltd. and others. This research report contains detailed profiling of these players along with brief description and financial information.

Peripheral Nerve Repair Devices Market

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Published Date:  Nov 2017
Category:  Medical Devices
Report ID:   58854
Report Format:   PDF
Pages:   120
Rating:    4.3 (60)
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