North America Nerve Repair & Regeneration Market Business Strategy, Development Status, Emerging Technologies, Future Plans and Trends by Forecast (2022-2028)
The North America nerve repair & regeneration market is expected to grow from US$ 3,721.38 million in 2022 to US$ 6,463.51 million by 2028; it is estimated to grow at a CAGR of 9.6% from 2022 to 2028.
North America Nerve Repair & Regeneration Market Growth
A significant rise in the incidence of neurological ailments like neuropathy, Alzheimer's disease, Parkinson's disease, and strokes is observed more frequently in the older population, and their prevalence is climbing due to increased life expectancies. According to the World Health Organization (WHO), the population aged 60+ is set to roughly double from 12% in 2015 to 22% by 2050, with mental and neurological disorders in this group anticipated to represent 6.6% of their total disability-adjusted life years (DALYs). The same source also notes that around 15% of adults aged 60 and over have a mental disorder. Moreover, the number of Americans aged 65 and above with Alzheimer's is projected to surge from approximately 5.8 million to 14
million by 2060. Furthermore, neurological disorders are increasingly becoming a major contributor to deaths across the region. For instance, the Centers for Disease Control and Prevention (CDC) reports that Alzheimer's disease was the sixth leading cause of death in those aged 65 and older in 2022. Hence, the
increasing occurrence of age-related neurological disorders among the geriatric population is boosting the need for nerve repair and regeneration treatments, thereby propelling the growth of the North America nerve repair & regeneration market.
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North America Nerve Repair & Regeneration Strategic Insights
Strategic insights for the North America Nerve Repair & Regeneration market furnish an analysis of the industry's landscape grounded in data, including current trends, major players, and regional specificities.
These insights provide actionable guidance, allowing readers to distinguish themselves from competitors by identifying unexploited segments or crafting distinctive value propositions. By utilizing data analytics, these insights aid industry participants, whether investors, manufacturers, or other stakeholders, in predicting market shifts. A future-oriented approach is essential, helping stakeholders anticipate market changes and positioning themselves for long-term success in this dynamic region. Ultimately, effective strategic insights enable readers to make informed decisions that drive profitability and realize their business goals within the market.
North America Nerve Repair & Regeneration Market Segmentation
North America Nerve Repair & Regeneration Market: By Product
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Neurostimulation & Neuromodulation Devices
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Biomaterials
North America Nerve Repair & Regeneration Market: By Application
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Neurostimulation & Neuromodulation Applications
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Nerve Repair & Regeneration Applications
North America Nerve Repair & Regeneration Market: Regions and Countries Covered
North America
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US
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Canada
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Mexico
North America Nerve Repair & Regeneration Market: Market leaders and key company profiles
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Axogen Corporation
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Boston Scientific Corporation
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Integra LifeSciences
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Medtronic
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Abbott Laboratories
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Stryker Corporation
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Neuronetics
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LivaNova PLC
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Baxter
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Polyganics BV
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