Japan External Neurostimulation Device Market was valued at USD 0.9 Billion in 2022 and is projected to reach USD 1.4 Billion by 2030, growing at a CAGR of 5.7% from 2024 to 2030.
The Japan External Neurostimulation Device Market is experiencing remarkable growth as industries increasingly turn to advanced medical technologies. These devices, which use electrical stimulation to treat various neurological conditions, are becoming a focal point in healthcare innovation. As demand rises, industries are adopting these technologies for their potential to alleviate chronic pain, improve cognitive functions, and enhance the overall well-being of patients.
One of the driving forces behind the demand for external neurostimulation devices in Japan is the aging population. With a rapidly increasing number of elderly individuals, the need for non-invasive therapies for neurological disorders such as Parkinson’s disease, dementia, and chronic pain is growing. This has spurred a significant interest in external neurostimulation devices, which offer a less invasive alternative to traditional surgical interventions.
The market is also benefiting from advances in neurostimulation technology. External neurostimulation devices have seen improvements in efficacy, ease of use, and patient comfort, making them more attractive to both patients and healthcare providers. Furthermore, these devices are being incorporated into various industries beyond healthcare, including wellness and rehabilitation, where there is a growing demand for devices that promote mental clarity, stress relief, and cognitive enhancement.
From a regulatory perspective, Japan's strict health regulations ensure that external neurostimulation devices meet high standards of safety and effectiveness. This has helped build trust among healthcare professionals and patients, further fueling market growth. Moreover, the Japanese government's initiatives to support healthcare innovation are also contributing to the expansion of this market.
For industries in Japan, the external neurostimulation device market presents an exciting opportunity. Companies involved in medical technology, rehabilitation, and wellness are eager to integrate these devices into their product lines. With the increasing demand for safe, effective, and non-invasive treatments, industries are exploring new partnerships and research to stay ahead in this competitive market.
As Japan continues to prioritize healthcare innovation and the aging population’s needs, the external neurostimulation device market is expected to expand significantly. This presents a promising avenue for growth and development across various industries, from healthcare providers to technology developers.
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Medtronic (US)
Boston Scientific (US)
Abbott Laboratories (US)
LivaNova (UK)
Baxter (US)
AxoGen (US)
Stryker (US)
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Japan External Neurostimulation Device Market
Transcranial Magnetic Stimulation (TMS) Devices
Transcranial Direct Current Stimulation (tDCS) Devices
Electroconvulsive Therapy (ECT) Devices
Vagus Nerve Stimulation (VNS) Devices
Spinal Cord Stimulation (SCS) Devices
Non-invasive Neurostimulation Devices
Invasive Neurostimulation Devices
Chronic Pain Management
Neurological Disorders
Mental Health Disorders
Rehabilitation
Others
Hospitals
Ambulatory Surgical Centers
Research and Academic Institutes
Home Care Settings
Wearable Neurostimulation Devices
Hand-held Neurostimulation Devices
Stationary Neurostimulation Devices
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
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1. Introduction of the Japan External Neurostimulation Device Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Japan External Neurostimulation Device Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Japan External Neurostimulation Device Market, By Type
6. Japan External Neurostimulation Device Market, By Application
7. Japan External Neurostimulation Device Market, By Geography
Asia-Pacific
China
Japan
Korea
India
Australia
Indonesia
Thailand
Philippines
Malaysia and Vietnam
8. Japan External Neurostimulation Device Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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