Medical Design and Outsourcing

  • Home
  • Medical Device Business
    • Mergers & Acquisitions
    • Financial
    • Regulatory
  • Applications
    • Cardiovascular
    • Devices
    • Imaging
    • Implantables
    • Medical Equipment
    • Orthopedic
    • Surgical
  • Technologies
    • Supplies and Components Index
    • Contract Manufacturing
    • Components
    • Electronics
    • Extrusions
    • Materials
    • Motion Control
    • Prototyping
    • Pumps
    • Tubing
  • MedTech Resources
    • Medtech Events in 2025
    • The 2024 Medtech Big 100
    • Medical Device Handbook
    • MedTech 100 Index
    • Subscribe to Print Magazine
    • DeviceTalks
    • Digital Editions
    • eBooks
    • Educational Assets
    • Manufacturer Search
    • Podcasts
    • Print Subscription
    • Webinars / Digital Events
    • Whitepapers
    • Voices
    • Views
    • Video
  • 2025 Leadership
    • 2024 Winners
    • 2023 Winners
    • 2022 Winners
    • 2021 Winners
  • Women in Medtech
  • Advertise
  • Subscribe

U.S. Market for Neurostimulation Devices Will Reach Almost $4 Billion by 2022

April 9, 2014 By PR Newswire

Decision Resources Group finds that the approval of new indications—particularly chronic heart failure, obesity and epilepsy—will expand the patient pool and market potential for neurostimulation devices in the United States considerably, allowing the market to reach a value approaching $4 billion by 2022. Most notably, because neurostimulation is already well accepted as a treatment for epilepsy, the Food and Drug Administration’s (FDA) approval in 2013 of NeuroPace’s deep brain stimulation (DBS) device for this indication will lead to rapid adoption of this product.

Other key findings from the Medtech 360 report entitled US Markets for Neurostimulation Devices 2014:

  • Replacement devices: Demand for replacement of implantable pulse generators will drive market expansion. Through 2022, many devices that were implanted in first-time patients will reach the end of their life spans, and replacement devices will be required.
  • Complex reimbursement process: Although reimbursement is available for most indications, the approval process for eligible patients is extensive and complex; the process carries high up-front costs in some cases and can be so lengthy that some patients decide to forgo this treatment altogether.
  • Alternative treatments: Due to the invasive nature of neurostimulation therapy, some patients will also prefer alternative treatments such as lifestyle and medical management for most indications where feasible.
  • Market leader Medtronic: Medtronic holds more than half of the overall revenues in this market. The company has a first-mover advantage and has thus far maintained its monopoly in the DBS, sacral nerve stimulation and gastric electric stimulation device segments.

Comments from Decision Resources Group Analyst Roald Dhoska:

  • “Many companies are attempting to enter the U.S. neurostimulation device market to capitalize on strong revenue growth. Boston Scientific is seeking FDA approval of its DBS system, Nevro Corp and Spinal Modulation are both running clinical trials for spinal cord stimulation products and numerous competitors are racing to capitalize on the market potential by expanding indications in the vagus nerve stimulation segment.”
  • “Penetration into the eligible patient populations for most devices is low because many referring physicians are not exposed to neurostimulation in medical school. New manufacturers looking to enter the market will be well positioned for success if they can implement educational campaigns that target these physicians.”

Related Articles Read More >

Verily Study Watch
Verily says its Study Watch could identify heart failure risk
A child using a medical device at home.
Device design takes the spotlight among 2024’s top health tech hazards
These 11 medical device inventions are the best of 2023, Time magazine says
A photo of a Best Buy Geek Squad employee helping a chronic care patient with a remote monitoring device.
Device manufacturers have an unexpected ally for at-home health care
“mdo
EXPAND YOUR KNOWLEDGE AND STAY CONNECTED
Get the latest medical device business news, application and technology trends.

DeviceTalks Weekly

See More >

MDO Digital Edition

Digital Edition

Subscribe to Medical Design & Outsourcing. Bookmark, share and interact with the leading medical design engineering magazine today.

MEDTECH 100 INDEX

Medtech 100 logo
Market Summary > Current Price
The MedTech 100 is a financial index calculated using the BIG100 companies covered in Medical Design and Outsourcing.
DeviceTalks

DeviceTalks is a conversation among medical technology leaders. It's events, podcasts, webinars and one-on-one exchanges of ideas & insights.

DeviceTalks

New MedTech Resource

Medical Tubing

MassDevice

Mass Device

The Medical Device Business Journal. MassDevice is the leading medical device news business journal telling the stories of the devices that save lives.

Visit Website
MDO ad
Medical Design and Outsourcing
  • MassDevice
  • DeviceTalks
  • MedTech100 Index
  • Medical Tubing + Extrusion
  • Medical Design Sourcing
  • Drug Delivery Business News
  • Drug Discovery & Development
  • Pharmaceutical Processing World
  • R&D World
  • About Us/Contact
  • Advertise With Us
  • Subscribe to Print Magazine
  • Subscribe to our E-Newsletter
  • Listen to our Weekly Podcasts
  • Join our DeviceTalks Tuesdays Discussion

Copyright © 2025 WTWH Media, LLC. All Rights Reserved. The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of WTWH Media LLC. Site Map | Privacy Policy | RSS

Search Medical Design & Outsourcing

  • Home
  • Medical Device Business
    • Mergers & Acquisitions
    • Financial
    • Regulatory
  • Applications
    • Cardiovascular
    • Devices
    • Imaging
    • Implantables
    • Medical Equipment
    • Orthopedic
    • Surgical
  • Technologies
    • Supplies and Components Index
    • Contract Manufacturing
    • Components
    • Electronics
    • Extrusions
    • Materials
    • Motion Control
    • Prototyping
    • Pumps
    • Tubing
  • MedTech Resources
    • Medtech Events in 2025
    • The 2024 Medtech Big 100
    • Medical Device Handbook
    • MedTech 100 Index
    • Subscribe to Print Magazine
    • DeviceTalks
    • Digital Editions
    • eBooks
    • Educational Assets
    • Manufacturer Search
    • Podcasts
    • Print Subscription
    • Webinars / Digital Events
    • Whitepapers
    • Voices
    • Views
    • Video
  • 2025 Leadership
    • 2024 Winners
    • 2023 Winners
    • 2022 Winners
    • 2021 Winners
  • Women in Medtech
  • Advertise
  • Subscribe