The Asia Pacific Nerve Repair and Regeneration Market was worth USD 1.2 billion in 2016 and estimated to be growing at a CAGR of 13.35%, to reach USD 2.24 billion by 2021. Nerve Repair and Regeneration refers to the regrowth or repair of nervous tissues, cells or cell products. Such mechanisms may include generation of new neurons, glia, axons, myelin, or synapses. Neuroregeneration differs between the peripheral nervous system (PNS) and the central nervous system (CNS) by the functional mechanisms and especially the extent and speed.
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The Asia Pacific Nerve Repair and Regeneration Market is broadly classified into Internal Neurostimulation Devices such as Spinal Cord Stimulation, Deep Brain Stimulation, Vagus Nerve Stimulation, Sacral Nerve Stimulation, Gastric Electrical Stimulation and External Neurostimulation Devices such as Transcutaneous Electrical Nerve Stimulation and Transcranial Magnetic Simulation by Product, based on Application into Neurostimulation and Neuromodulation Surgeries, Direct Nerve Repair/Neurorrhaphy, Nerve Grafting and Stem Cell Therapy. Based on geography, the Asia-Pacific market is divided into India, China, South Korea, Japan and Australia. Asia-Pacific is expected to grow rapidly in the coming years as is evident from the high CAGR value for the region. In addition to having the highest growth rate, the region also has the third highest market share. The rapid growth of the region can be attributed to the developing stature of countries such as India and China.
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Market Segmentation
1)Product
• Introduction
• Internal Neurostimulation Devices
• Spinal Cord Stimulation
• Deep Brain Stimulation
• Vagus Nerve Stimulation
• Sacral Nerve Stimulation
• Gastric Electrical Stimulation
• External Neurostimulation Devices
• Transcutaneous Electrical Nerve Stimulation
• Transcranial Magnetic Stimulation
• Biomaterials
• Y-o-Y Growth Analysis, By Product
• Market Attractiveness Analysis, By Product
• Market Share Analysis, By Product
2)Application
• Introduction
• Neurostimulation and Neuromodulation Surgeries
• Direct Nerve Repair
• Nerve Grafting
• Stem Cell Therapy
• Y-o-Y Growth Analysis, By Application
• Market Attractiveness Analysis, By Application
• Market Share Analysis, By Application
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