Vagus Nerve Stimulators Market Industry Professional Survey 2021 by Manufacturers and Applications, Forecast to 2027

 

Vagus nerve stimulation (VNS) is a medical treatment in which electric impulses are delivered to vagus nerve for the management and treatment of various types of diseases including epilepsy and depression. Vagus nerve stimulators are devices used to stimulate the vagus nerve with electrical impulses. Vagus nerve stimulators are classified in two types: implantable devices and external devices.

The global Vagus Nerve Stimulators Market is likely to display promising growth in the years ahead. The rising burden of neurological diseases especially in emerging countries is a key factor behind the growth of this market.Over the past three decades, vagus nerve stimulator therapy is gaining traction due its high success rate. Vagus nerve stimulator therapy has helped reduce the burden of several neurological conditions such as dyskinesia and neurological tremors, among others. Vagus nerve stimulator creates muscle contraction and is able to overhaul the functionality of motor nerve.

Vagus Nerve Stimulators are widely used in the management and treatment of diseases such as epilepsy, depression, and migraine. High prevalence of such diseases in key regions is expected to drive vagus nerve stimulators market growth over the forecast period. For instance, according to the data published by the National Institute of Mental Health, depression was one of the most common mental disorders in the U.S. in 2016. An estimated 16.2 million adults in the U.S. had at least one major depressive episode. This number represented 6.7% of all the U.S. adults.

An implantable Vagus Nerve Stimulators is a medical device, which is surgically implanted inside the body. External devices are less-invasive, non-surgical vagus nerve stimulators. Various key players in the market are involved in the development of such easy-to-use external vagus nerve stimulators for various indications.