Nerve Locator Stimulator Market
may 2017
Report Id : REP-GB-3535
Status : Ongoing
Category : Healthcare, Pharmaceuticals & Medical Devices
©2015 Future Market Insights, All Rights Reserved
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Nerve Locator Stimulator Market
Motor nerves are sending the impulses from brain and spinal cord to all muscles in body that activates
motor functions like walking and moving fingers. The damage of motor nerves can affect the individual in
difficulty in walking and doing other activities. Sensory nerves send impulses from muscles to brain and
spinal cords. Nerve locator stimulators are used to locate the exposed motor and sensory nerves, and
also reduce the probability of accidental nerve damage or severance conditions. Nerve locator stimulator
devices usually used in orthopedic, neck, hand, facial, and neurosurgical procedures. Development of
nerve locator stimulator devices mainly to satisfy the unmet needs of the market.
The problem pointing from the diagnostic center or hospital in using the device which is large size and
focusing in only one issue instant of multi-use in treatment. According to the NINDS (National Institute of
Neurological Disorders and Strike), it was estimated that about 20 million people in the U.S have nerve
disorders. Hence, the demand for nerve locator stimulators is expected to grow over the forecast period.
Companies developed novel nerve locator stimulator products that can stimulate both sensory and
motor nerves. For instance in January 2017, Halyard Health, Inc., (HYH) launched a product called
EZstim* III for peripheral nerve locator and stimulator. The EZstim* III is a hand-held device that act as
nerve locator stimulator for both motor and sensory nerves.
Nerve Locator Stimulator Market:Drivers and Restraints
Nerve locator stimulator is growing in exponential manner as the industries are working on the
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Nerve Locator Stimulator Market
on the technology advancement for the products to make it more easily operated, with a considerable
display having alphanumeric, less pain and provide accurate results in a short time. The market of nerve
locator stimulator is also associated with the population of diabetes having peripheral neuropathy
disorders. According to the report published in Journal of Foot and Ankle Research in June 2015 under
BioMed Central, the study conducted that about 404 patients, 44% had peripheral neuropathy, and also
according to the International Diabetes Federation the people with diabetes have risk of neuropathy is 25
times greater than the people without diabetes. This factors will motivate the industry players to come
up with new advance technology. The high cost of the nerve locator stimulator will be the restraints along
with the hurdles in the reimbursements process in the U.S insurance which prevents patients from
receiving the rehabilitative.
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Nerve Locator Stimulator Market:Segmentation
Based on output setting:
Fixed
Variable
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Nerve Locator Stimulator Market
Nerve Locator Stimulator Market:Overview
Nerve locator stimulator market have huge potential growth with high population of neurological
disorders and growing aging population worldwide. According to WHO report, in May 2016, hundreds of
millions of people in worldwide are affected by neurological disorders. It was estimated that 550 million
people are suffering from epilepsy globally. Hence, companies are actively involved in innovating their
product portfolio by launching novel devices into the market. For instance, Neuro-Pulse™ (Neuro-Pulse
Nerve locators) is designed by Medline Industries, Inc. , is designed to assist surgeons in locating
the motor nerves during surgery, this also reduce the risk of damaging or serving them. Neuro-Pulse
Nerve locators is portable in nature, operated through battery and that is used for head, neck, and other
applications. The market is expected to grow due to improved technology, and increase in clinical trials
are expected to have positive impact on the growth of the market. For instance, in December 2015,
StimRelieve, LLC, which cover the study of wireless nerve stimulation in treatment of Chronic Migraine)
to prove the devices efficacy in treating neurological disorders.
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Nerve Locator Stimulator Market:Region-wise Outlook
Geographically, nerve locator stimulator market is segmented into North America, Latin America,
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Nerve Locator Stimulator Market
Western Europe, Eastern Europe, Asia Pacific, Japan, Middle East and Africa. North America will be the
market for nerve locator stimulator as players are mostly located in the U.S (Checkpoint Surgical Inc., and
Medline Industries, Inc.) many people
in the U.S have nerve disorder, and the clinical trial are also going on as one of the trials completed by
Huazhong University of Science and Technology, China as last updated in February 2017 under
ClinicalTrials a service of the U.S and other region are also have the number of people suffering from
neuro disorders.
Nerve Locator Stimulator Market:Key Players
Some of the players in nerve locator stimulator market are Bovie Medical Corporation, B.
Braun,Checkpoint Surgical Inc., Stimwave LLC, and Vygon
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