Nerve Repair Biomaterials market research report has been organized with most advanced insight and analysis to give maximum benefits to the Nerve Repair Biomaterials industry. This market report employs the use of latest tools and techniques for researching, analysing and collecting data and information. The Nerve Repair Biomaterials report analyses and evaluates the important industry trends, market size, market share estimates, and sales volume with which Biomaterials industry can speculate the strategies to increase return on investment (ROI). The analysis of this report has been used to examine various segments that are relied upon to witness the quickest development based on the estimated forecast frame.
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Nerve Repair Biomaterials Market is expected to rise from its initial estimated value of USD 404.71 Million in 2018 to an estimated value of USD 953.04 million by 2026, registering a CAGR of 11.3% in the forecast period of 2019-2026. This rise in market value can be attributed to the increasing in geriatric population and subsequent growth in the prevalence of neurological disorder.
Few of the major competitors currently working in the nerve repair biomaterial market are Stryker (US), Collagen Matrix, Inc. (US) Axogen Corporation. (US), Checkpoint Surgical, Inc. (US), Polyganics (Netherlands), Synovis Micro Companies Alliance, Inc.(US), Medtronic Plc. (US), Boston Scientific (US), Abbott (US), LivaNova PLC (UK), Baxter (US), Cyberonics, Inc. (US), Nuvectra.(US), OrthoMed, Inc.(US), Integra Software Services Pvt. Ltd.. (US),. (US). and others.
Market Drivers
High incidence of nerve injuries and growing prevalence of neurological disorder infants is expected to act as a driver to the market growth
Increase in geriatric population and subsequent growth in the prevalence of neurological disorder infants is also expected to act as a driver to the market growth.
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Segmentation: Global Nerve Repair Biomaterials Market
By Product Type
Nerve Repair
Nerve Conduits
Nerve Grafts
Allografts
Acellularized Allografts
Nerve Protection
Nerve Protector
Nerve Wrap
Nerve Conduits
Nerve Connectors
By Injury Type
Epineural Nerve Repair
Perineural Nerve Repair
Group Fascicular Nerve Repair
By Application
Epineural Nerve Repair Market
Perineural Nerve Repair Market
Perineural Nerve Repair Market
By End User
Hospitals
Ambulatory Trauma Centers
Clinics
By Geography
North America (U.S., Canada, Mexico)
South America (Brazil, Argentina, Rest of South America)
Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Belgium, Netherlands, Switzerland, Rest of Europe)
Asia-Pacific ( Japan, China, South Korea, India, Australia, Singapore, Thailand, Malaysia, Indonesia, Philippines, Rest of Asia Pacific)
Middle East & Africa (South Africa, Egypt, Saudi Arabia, United Arab Emirates, Israel, Rest of Middle East & Africa)
Key Developments in the Market:
In December 2018,S. Department of Defense has invested in Renerva. Renerva is a Nerve-repair startup this startup focus on PNM as an adjunct treatment for existing surgical procedures to repair or release traumatically or chronically injured peripheral nerves
In December 2018, Boston Scientific acquired Millipede. Millipede is an Iris transcatheter annuloplasty focus of this to expand its structural heart portfolio.
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